SELL | BUY | TIC | CPR | TPR1 | Neut | Corr |
ANDHRABANK | SYNDIBANK | 1.12 | 1.117 | 1.38 | 99.44% | 91.46% |
Buy : Syndibank
Sell: Andhrabank
Initiate if the TIC above 1.12 EOD.
Correlation:91.46% : Good
Neutrality : 99.44% : Good
Pair Risk : Low (RL-1; SD>3)
Segment Risk : High- Midcap pair
Volatility Sway : 5% : Good
Special Mention: i would not invest in this pair since it falls in MIDCAP segment.
Please do enough research/ calculation before venturing in it.
regards,
Kathir