How to assess: implied price of oil in the price of Exxons stock?
People say the implied price (of the stock) is .00 oil. How do you assess this? Where do you figure this out?
People say the implied price (of the stock) is .00 oil. How do you assess this? Where do you figure this out?
July 22nd, 2010 at 2:43 am
Plot the daily changes in the Exxon stock price against the daily changes in the oil price and calculate the correlation.