TLG 0.00% 38.0¢ talga group ltd

TLG - Media, page-16424

  1. 128 Posts.
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    You were unnaturally quiet today. The Boss let you have a day off or did the action from the SC spooked you ? Well - I just wanted to revisit your post.

    ASX down -0.3%
    Talga up 7.41%
    But as you said Talga has a higher beta so technically it should have been down at least 5% but return today was positive so that’s at least a +12% increase .

    Taking those two data points , you could make a case that the correlation coefficient is between 0 to -1 , which means that there are benefits from diversification.

    yes , I’m bored .. and the above was written in jest , Mr linear extrapolation.



 
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