The macro factors and risk-off I'm thinking in terms of are more nebulous and broader, and as I mentioned, stock price correlations != economic or commodity price correlations. To give you an example, the correlation between ferroniobium price and copper price is zero, but the correlation between weekly returns to WA1 and weekly returns to Sandfire over the past year is +0.3. Of course, ferroniobium price is a tricky proxy as it's really priced by CBMM, the central bank of niobium, rather than the market. Rare earths? When the underlying commodity prices sold off in March LYC didn't flinch, but look at May 21 to Jun 14, same as the above cos. Just observing a fairly broad, correlated and sharp move across stocks spanning various economically separated commodities over that time period.
- Forums
- ASX - By Stock
- WA1
- Broker Data
Broker Data, page-651
-
- There are more pages in this discussion • 107 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WA1 (ASX) to my watchlist
|
|||||
Last
$15.79 |
Change
-1.240(7.28%) |
Mkt cap ! $1.024B |
Open | High | Low | Value | Volume |
$16.55 | $16.58 | $15.71 | $3.582M | 222.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | $15.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.80 | 595 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 15.720 |
1 | 420 | 15.710 |
1 | 759 | 15.590 |
1 | 757 | 15.550 |
1 | 759 | 15.530 |
Price($) | Vol. | No. |
---|---|---|
15.800 | 595 | 1 |
15.860 | 513 | 1 |
15.930 | 596 | 1 |
15.940 | 759 | 2 |
16.000 | 759 | 1 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
Featured News
WA1 (ASX) Chart |