What Is the Correlation Between Stocks Y and Z

question 59

Multiple Choice

What is the correlation between stocks Y and Z?

• A)0.96
• B)0.51
• C)-0.26
• D)0.26

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Definitions:

Polling

Polling refers to the process of conducting surveys to collect information or opinions from a selected group of individuals, often used in market research, politics, and social science.

Bid Price

The highest price a buyer is willing to pay for a security or commodity.

Gross Trading Profit

The total profit from trading activities before deducting expenses and taxes.

Inside Quotes

The highest bid and lowest ask prices among all market makers in a particular stock, representing the most competitive prices at which you can buy or sell.