Market Association Analysis

This projects purpose is to discover hidden, statistically significant dependencies between Commodities and Equity Sectors. Instead of simple correlation, it extracts discrete, high confidence rules that can be used to build alpha-generating signals. It fetches historical daily price data for selected commodities and sector ETFs from Yahoo Finance and converts price changes into directional signals: Up, Down, Flat based on a percentage threshold (0.005) using the Apriori algorithm.

Total Rules Found: 247. Avg Confidence: 56.2%, Max Lift: 2.1x.

Visualization (Structure)

Displaying top 25 rules by Lift.

Detailed Rules Table

Commodity (Condition)Sector (Result)SupportConfLift
Gold [DOWN] & Copper [DOWN] & Natural Gas [DOWN]Materials [DOWN]0.039363.8%2.098
Crude Oil [DOWN] & Copper [DOWN] & Silver [DOWN]Energy [DOWN]0.078772.7%2.069
Crude Oil [DOWN] & Silver [DOWN] & Natural Gas [DOWN]Energy [DOWN]0.057772.7%2.069
Crude Oil [DOWN] & Copper [DOWN] & Natural Gas [DOWN]Energy [DOWN]0.060372.4%2.061
Crude Oil [DOWN] & Gold [DOWN] & Copper [DOWN]Energy [DOWN]0.050571.3%2.028
Crude Oil [DOWN] & Gold [DOWN] & Natural Gas [DOWN]Energy [DOWN]0.0470.1%1.995
Crude Oil [UP] & Copper [UP] & Natural Gas [UP]Energy [UP]0.078776.9%1.978
Crude Oil [DOWN] & Copper [DOWN]Energy [DOWN]0.114169.3%1.972
Crude Oil [DOWN] & Gold [DOWN] & Copper [DOWN]Materials [DOWN]0.041358.3%1.917
Crude Oil [DOWN] & Gold [DOWN] & Silver [DOWN]Energy [DOWN]0.061667.1%1.91
Crude Oil [DOWN] & Copper [DOWN] & Natural Gas [DOWN]Materials [DOWN]0.047957.5%1.889
Crude Oil [DOWN] & Gold [FLAT] & Copper [DOWN]Energy [DOWN]0.044666%1.878
Crude Oil [DOWN] & Silver [DOWN]Energy [DOWN]0.106265.9%1.874
Crude Oil [UP] & Silver [UP] & Natural Gas [UP]Energy [UP]0.075472.8%1.872
Crude Oil [UP] & Gold [UP] & Natural Gas [UP]Energy [UP]0.053872.6%1.866
Crude Oil [UP] & Gold [UP] & Copper [UP]Energy [UP]0.067572.5%1.865
Crude Oil [DOWN] & Gold [FLAT] & Silver [DOWN]Energy [DOWN]0.037465.5%1.864
Gold [DOWN] & Copper [DOWN] & Silver [DOWN]Materials [DOWN]0.061656.6%1.861
Crude Oil [DOWN] & Natural Gas [FLAT]Energy [DOWN]0.022365.4%1.86
Crude Oil [DOWN] & Silver [DOWN] & Natural Gas [DOWN]Industrials [DOWN]0.04252.9%1.859
Crude Oil [DOWN] & Natural Gas [DOWN]Energy [DOWN]0.120765.2%1.856
Crude Oil [DOWN] & Copper [DOWN] & Natural Gas [DOWN]Industrials [DOWN]0.043952.8%1.854
Crude Oil [UP] & Copper [UP] & Silver [FLAT]Energy [UP]0.032172.1%1.853
Crude Oil [DOWN] & Copper [DOWN] & Silver [DOWN]Materials [DOWN]0.06156.4%1.852
Crude Oil [UP] & Copper [UP] & Silver [UP]Energy [UP]0.091170.9%1.824
Crude Oil [DOWN] & Gold [DOWN] & Copper [DOWN]Industrials [DOWN]0.036751.9%1.822
Crude Oil [DOWN] & Silver [DOWN] & Natural Gas [DOWN]Materials [DOWN]0.043955.4%1.82
Gold [DOWN] & Copper [DOWN] & Natural Gas [DOWN]Energy [DOWN]0.039363.8%1.816
Crude Oil [UP] & Copper [UP]Energy [UP]0.146270.6%1.815
Crude Oil [DOWN] & Gold [FLAT] & Natural Gas [DOWN]Energy [DOWN]0.045963.6%1.811
Crude Oil [DOWN] & Copper [FLAT] & Natural Gas [DOWN]Energy [DOWN]0.035463.5%1.808
Copper [DOWN] & Silver [DOWN] & Natural Gas [DOWN]Materials [DOWN]0.049854.7%1.797
Crude Oil [DOWN] & Gold [DOWN]Energy [DOWN]0.069563.1%1.795
Crude Oil [DOWN] & Copper [DOWN] & Silver [DOWN]Industrials [DOWN]0.055150.9%1.789
Gold [DOWN] & Silver [DOWN] & Natural Gas [DOWN]Materials [DOWN]0.047954.1%1.777
Crude Oil [DOWN] & Gold [DOWN] & Natural Gas [DOWN]Industrials [DOWN]0.028950.6%1.777
Crude Oil [DOWN] & Gold [DOWN] & Natural Gas [DOWN]Materials [DOWN]0.030854%1.776
Crude Oil [DOWN] & Gold [UP] & Natural Gas [DOWN]Energy [DOWN]0.034862.4%1.774
Gold [DOWN] & Copper [DOWN]Materials [DOWN]0.064353.8%1.77
Crude Oil [UP] & Gold [DOWN] & Natural Gas [UP]Energy [UP]0.024368.5%1.762
Gold [DOWN] & Copper [DOWN] & Natural Gas [DOWN]Industrials [DOWN]0.030850%1.757
Crude Oil [DOWN] & Copper [DOWN] & Natural Gas [UP]Energy [DOWN]0.0461.6%1.753
Crude Oil [DOWN] & Copper [DOWN]Materials [DOWN]0.087253%1.742
Crude Oil [UP] & Natural Gas [UP]Energy [UP]0.144367.7%1.741
Crude Oil [DOWN] & Gold [FLAT] & Copper [FLAT]Energy [DOWN]0.030861%1.737
Crude Oil [UP] & Copper [UP] & Silver [DOWN]Energy [UP]0.02367.3%1.731
Copper [UP] & Natural Gas [FLAT]Energy [UP]0.024367.3%1.73
Crude Oil [DOWN] & Gold [DOWN] & Copper [DOWN]Financials [DOWN]0.035450%1.729
Crude Oil [DOWN] & Gold [FLAT] & Copper [DOWN]Materials [DOWN]0.035452.4%1.723
Crude Oil [UP] & Gold [FLAT] & Copper [UP]Energy [UP]0.059766.9%1.721
Crude Oil [DOWN] & Gold [DOWN] & Silver [DOWN]Materials [DOWN]0.047952.1%1.714
Crude Oil [DOWN] & Silver [FLAT] & Natural Gas [DOWN]Energy [DOWN]0.024359.7%1.698
Crude Oil [UP] & Gold [UP] & Silver [UP]Energy [UP]0.082666%1.696
Crude Oil [DOWN] & Silver [UP] & Natural Gas [DOWN]Energy [DOWN]0.038759.6%1.696
Crude Oil [UP] & Gold [UP]Energy [UP]0.098465.8%1.692
Gold [FLAT] & Copper [DOWN] & Silver [FLAT]Materials [DOWN]0.024951.4%1.688
Gold [FLAT] & Copper [DOWN] & Natural Gas [UP]Materials [DOWN]0.0451.3%1.685
Copper [DOWN] & Natural Gas [DOWN]Materials [DOWN]0.074851.1%1.68
Gold [DOWN] & Copper [DOWN] & Silver [DOWN]Energy [DOWN]0.064359%1.68
Copper [DOWN] & Silver [DOWN] & Natural Gas [DOWN]Energy [DOWN]0.053859%1.678
Crude Oil [UP] & Natural Gas [FLAT]Energy [UP]0.029565.2%1.677
Copper [DOWN] & Silver [DOWN]Materials [DOWN]0.098451%1.677
Crude Oil [UP] & Silver [UP]Energy [UP]0.130565%1.672
Crude Oil [DOWN] & Silver [DOWN]Materials [DOWN]0.08250.8%1.67
Crude Oil [DOWN] & Copper [FLAT] & Silver [FLAT]Energy [DOWN]0.022358.6%1.668
Gold [DOWN] & Silver [DOWN] & Natural Gas [DOWN]Energy [DOWN]0.051858.5%1.665
Copper [DOWN] & Silver [DOWN] & Natural Gas [DOWN]Cons. Discret. [DOWN]0.046651.1%1.664
Gold [DOWN] & Copper [DOWN] & Natural Gas [DOWN]Cons. Discret. [DOWN]0.031551.1%1.664
Silver [UP] & Natural Gas [FLAT]Industrials [UP]0.024356.1%1.663
Copper [UP] & Natural Gas [FLAT]Financials [UP]0.020356.4%1.663
Crude Oil [DOWN] & Gold [FLAT] & Silver [DOWN]Materials [DOWN]0.028950.6%1.662
Crude Oil [DOWN] & Copper [FLAT] & Silver [UP]Energy [DOWN]0.02358.3%1.66
Crude Oil [DOWN]Energy [DOWN]0.217758.2%1.657
Gold [DOWN] & Copper [UP]Financials [UP]0.026956.2%1.657
Crude Oil [UP] & Copper [UP] & Silver [UP]Materials [UP]0.073457.1%1.644
Crude Oil [UP] & Copper [FLAT] & Silver [FLAT]Energy [UP]0.025663.9%1.644
Crude Oil [UP] & Gold [FLAT] & Natural Gas [UP]Energy [UP]0.066263.9%1.644
Crude Oil [DOWN] & Gold [FLAT]Energy [DOWN]0.090557.7%1.643
Crude Oil [UP] & Gold [UP] & Copper [UP]Materials [UP]0.053157%1.641
Crude Oil [DOWN] & Copper [FLAT]Energy [DOWN]0.06157.4%1.633
Crude Oil [UP] & Silver [FLAT] & Natural Gas [UP]Energy [UP]0.032863.3%1.628
Copper [UP] & Natural Gas [FLAT]Materials [UP]0.020356.4%1.622
Gold [DOWN] & Copper [DOWN]Energy [DOWN]0.067556.6%1.61
Crude Oil [UP] & Silver [DOWN] & Natural Gas [UP]Energy [UP]0.036162.5%1.607
Crude Oil [UP] & Silver [FLAT]Energy [UP]0.070862.4%1.605
Crude Oil [UP] & Copper [FLAT] & Natural Gas [UP]Energy [UP]0.03862.4%1.604
Crude Oil [UP] & Copper [UP] & Silver [DOWN]Cons. Discret. [UP]0.020359.6%1.603
Copper [DOWN] & Natural Gas [FLAT]Energy [DOWN]0.02156.1%1.597
Crude Oil [UP] & Gold [UP] & Silver [UP]Materials [UP]0.069555.5%1.597
Copper [DOWN] & Natural Gas [DOWN]Energy [DOWN]0.08256.1%1.595
Crude Oil [UP] & Gold [DOWN]Energy [UP]0.051161.9%1.592
Crude Oil [DOWN] & Silver [DOWN] & Natural Gas [UP]Energy [DOWN]0.037455.9%1.59
Crude Oil [UP]Energy [UP]0.270861.7%1.588
Crude Oil [UP] & Copper [UP]Materials [UP]0.114155.1%1.584
Crude Oil [UP] & Gold [UP] & Copper [FLAT]Energy [UP]0.02361.4%1.579
Crude Oil [UP] & Gold [FLAT] & Silver [UP]Energy [UP]0.042661.3%1.577
Crude Oil [DOWN] & Gold [FLAT] & Silver [FLAT]Energy [DOWN]0.027555.3%1.572
Gold [UP] & Copper [UP] & Natural Gas [UP]Energy [UP]0.050561.1%1.572
Crude Oil [UP] & Copper [UP] & Natural Gas [DOWN]Materials [UP]0.046654.6%1.571
Crude Oil [UP] & Gold [FLAT] & Silver [FLAT]Energy [UP]0.047261%1.569