Would it be fair to assume this:
High market-cap securities will usually perform influenced to some extent by the market/Index fund they are currently traded on.
For example; the Turkish Borsa Istanbul 100 stock Index finished the last trading day at 1.38%. It would be safe to assume that some of the largest companies trading in Turkey finish the same day with returns in a range statistically significant to the fund. For argument's sake keep Koc Holdings, which finished the same trading day with a 1.72% return in mind.
Elaborating on this concept, moreover, imagine hypothetically that Koc Holdings was traded on the NYSE. If the NYSE closes out the same trading day with returns of -2.50%, NYSE:Koc Holdings will finish the day on this market with returns statistically significant to those of the NYSE.
Identify flaws.
statistically significant
mean in this question? – Joe Aug 11 '16 at 16:12statistically significant
in general. Your use in the above paragraphs is somewhere between confusing and incorrect, though. You're at minimum missing a term betweenstatistically significant
andto
. Do you meansignificantly different
, orsignificantly correlated
, or ... something else? You also cannot take a single specific instance and make any sort of "significant" statement about it; you can only use significance testing on a dataset of many points. You might make a prediction that a value will be similar or different (cont) – Joe Aug 11 '16 at 16:17statistically significant
with that prediction; you might describe the accuracy of that prediction, perhaps. – Joe Aug 11 '16 at 16:18