Why would we want to find out a pair of stocks whose prices were moving together?

If you are able to achieve this, you can find a pair of stocks, say A and B, whose prices will probably move in the same direction in the near future.

With a similar technique, if you shift the timeline of stock B by one day, you will be likely to have found another pair, say stock C and D such that when C goes up, D would be rising in the next trading day.

How well would you get the result? That is needless to tell.

What about conversely we want to find a stock pair whose prices were moving in an opposite direction? How would we benefit from the finding then?

This is a fresh idea of technical analysis about stock prices.  In this talk (webinar), the speaker will showcase part of this idea with the technique of data visualization.

You are advised not to miss this opportunity as you will find it a worthy knowledge sharing session on stock price analytics.

Sample Screenshots below:

Language: Cantonese (Supplemented with English)