Apple or Microsoft ???
This comparison may sound like comparing Apples and oranges but from price movement and patterns they are almost identical.
In the past trading year, they have a Significant Positive correlation with a P-value of 0..!
This means they will go together in 100% of the cases..!
If you are interested in giant techs, buy and sell them together..!
1 Month:
3 Months:
6 Montha:
5 year:
Conclusion:
do not waste your time choosing one over the other, they are like CR7 and Messi of the financial market, fortunately, you can have both in your team.
In the past trading year, they have a Significant Positive correlation with a P-value of 0..!
This means they will go together in 100% of the cases..!
If you are interested in giant techs, buy and sell them together..!
1 Month:
3 Months:
6 Montha:
5 year:
Conclusion:
do not waste your time choosing one over the other, they are like CR7 and Messi of the financial market, fortunately, you can have both in your team.
+250 Quantitative Stock and Option ideas every day!
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