Comments on: What are two stocks that are correlated to a third stock? http://freeinvestment2u.info/what-are-two-stocks-that-are-correlated-to-a-third-stock/266/ Investment information for everyone Wed, 31 Mar 2010 22:00:28 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: enoriverbend http://freeinvestment2u.info/what-are-two-stocks-that-are-correlated-to-a-third-stock/266/comment-page-1/#comment-449 enoriverbend Tue, 02 Mar 2010 14:40:05 +0000 http://freeinvestment2u.info/what-are-two-stocks-that-are-correlated-to-a-third-stock/266/#comment-449 Any 3 stocks in the same industry will tend to have price movements that will be correlated to some degree. If they are the 3 biggest companies in the industry, even more so. They won't be perfectly correlated, of course, and some unusual company-specific price move may make one of them move out of synch with the others. Try Chevron, Exxon and BP for example (CVX, XOM, BP). Any 3 stocks in the same industry will tend to have price movements that will be correlated to some degree. If they are the 3 biggest companies in the industry, even more so. They won’t be perfectly correlated, of course, and some unusual company-specific price move may make one of them move out of synch with the others.

Try Chevron, Exxon and BP for example (CVX, XOM, BP).

]]>