ATV 0.00% 4.9¢ activeport group ltd

I had a look at trying to describe the price movements of atv...

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    I had a look at trying to describe the price movements of atv using movements in gold.

    Comparing % changes in atv share price vs % changes in POG (ASX-GOLD) leads to the following plot.





    The results show that on average a positive movement in POG is coupled with a positive movement in ATV. This correlation is however quite weak.

    The results indicate that % changes in POG cannot be used to determine % changes in ATV.

 
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