BLY 0.00% $2.91 boart longyear group ltd

thought on price rise, page-8

  1. 3,690 Posts.
    Hi AgentSmith,

    I think it is just that the sector has been turning and BLY with it.

    BLY has a correlation with its sector of 0.95 over the last 60 days. A perfect correlation is 1.0 so that is pretty impressive. So if the sector moves up BLY should move with it in theory until it delinks itself.



 
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