All in.
Speaking of this, I was too busy the other day and forgot to post. My algorithm is different from cola's, I did it based on a strong correlation regression equation with stock prices.
scco stock price = 49.07 * copper price - 119.22
That means for every $1 increase in copper price per pound, scco stock price is expected to rise by 49.
Price ratio:
Average ratio: 19.84
Ratio range: 12.37-25.61
So the rest is up to you to see if copper prices will make an effort, then just press the calculator 🤪
Next, it's all in!!!
Not investment advice, I'm terrible at this, you guys should follow cola 🤪
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