MRM 0.00% $2.69 mma offshore limited

Marine Services Singapore Government, page-13

  1. 9,782 Posts.
    lightbulb Created with Sketch. 3485
    definitely not linear

    there was an entire discussion on that - about how stocks with strong balance sheet and good fcf have high correlation while poor balance sheets have lower correlation

    but correlation is still +0.5

    linear is 1:1 - every 1% move in oil drives 1% move in stock - almost not stock has that relationship.
 
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