I am not sure what time scale you have there but that graph shows a reasonable correlation between CHN and Pd. There is a delay but increases and decreases in Pd price is reflected in the CHN price. The chnages don't need to be of the same magnitude to show a correlation.
CHN chart, page-2019
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 (20min delay)
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Last
$1.35 |
Change
0.015(1.12%) |
Mkt cap ! $519.2M | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.35 | $1.34 | $230.8K | 171.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 18040 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 15344 | 3 |
View Market Depth
| Last trade - 10.07am 18/04/2024 (20 minute delay) ? |
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Last
$1.35 |
Change
0.015 ( 0.07 %) |
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| Open | High | Low | Volume | ||
| $1.36 | $1.38 | $1.32 | 31590 | ||
| Last updated 10.27am 18/04/2024 ? | |||||
| CHN (ASX) Chart |