My hypothesis is that since SIR entered the ASX200 and funds...

My hypothesis is that since SIR entered the ASX200 and funds took positions, it's now being used by said funds as a proxy for nickel exposure. Yesterday the nickel price tanked, today the nickel price is up. The large swings are attributed to different big money guys getting a handle on the stock as they take positions in reaction to the Nickel price.

I would like to watch the sensitivity of the SIR stock price to the fluctuations of Nickel price. What I predict is that based on my hypothesis, there will be a 3:1 of
SIR SP Change:Nickel price change.

i.e. yesterday Nickel down 3% Sir close down 10% and today nickel up 2% Sir up 6%.