Building a diversified portfolio? The secret sauce is finding assets that don't move in lockstep with each other. But hunting down truly uncorrelated stocks can feel like searching for a needle in a haystack.
That's why we've added a new
uncorrelated
tickers feature to QuantMage. Now you can discover stocks that march to their own beat, alongside our existing tools for finding correlated
and inversely correlated
assets.
Here's the thing about uncorrelated rankings: they're usually dominated by either ultra-stable cash equivalents or wildly volatile outliers. Neither tells you much about building a balanced portfolio. So we've filtered out these noise-makers to surface more actionable insights.
The free Correlated Tickers tool has also been updated with this functionality—give it a spin!
We hope this helps you sharpen your portfolio. As always, happy spellcasting! 🔮