"You cannot change x/y axes & you cannot look at indices over long time periods(12 months) and pull percentages to signify correlation. Not how things work."
That's exactly how things work. If you compare two instruments and they roughly go in the same direction at the roughly the same time, then they are correlated. Of course, that doesn't prove that one causes the other. In fact it is more likely that the leads that cause US to rise cause other markets to rise, e.g. the Trump rally.
"You cannot change x/y axes & you cannot look at indices over...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,959.3 |
Change
69.700(0.88%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,889.6 | 7,969.1 | 7,889.0 |
| XJO (ASX) Chart |