Just because several stocks relocate an equivalent guidelines, or even in precisely reverse information, does not always mean that one inventory is causing others stock so you’re able to move.
It simply thus goes that they move around in the same recommendations. Or even in exactly additional guidelines. Or even in a world predictable style / foreseeable pattern.
Although proven fact that it move around in this manner otherwise development does not always mean it’s being caused by you to definitely security’s path.
As an example, you expect bonds out-of certain marketplaces to move with her; just because they are usually in identical community.