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/biz/ - Business & Finance

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>> No.22342638 [View]
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22342638

I heard a week or so back some anon talking about banks as a hedge to tech, but I don't remember ever hearing back from him, so I did my own correlation check. Uh there isn't a negatively correlation at all, and if anything, they're slightly positively correlated. What I did find interesting is how most of the tech companies aren't even correlated to each other that much (about as much as banks to tech). I don't know if that dispels that myth or what, but here's what evidence I have, and you late night anons get to have it.

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