Whatever the result is Earl will call it "strong" lol
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OCA % of RYM - Weekly Closing Price Data
Attachment 10924
Has always been a great time buy SUM when share price <40% of RYM
Traders would have sold when it reached 60% ....that’s a really healthy trade
Reversion to the mean is a powerful thing ...almost a law of nature
One could say OCA is reverting to the mean at the moment ..mean just under the 10% mark ...even better reversions overshoot so that’s good news for OCA punters. (Rider is not much history for the OCA RYM relationship.)
Yep you dont mess with mathematical laws that have stood the test of time aye winner, Beagle knows this to be true, that's why he bought SUM when it was near that 40% mark. PS-As I have said already OCA will follow the mean more consistently once it gets its s*** sorted out.
If you plot the Share Price on one axis and the Relative % to RYM on the other axis, I think you'll find it a lot less than obvious indications of a good time to buy or sell the share. I posted that SUM SP:RYM % chart on the SUM thread a couple of weeks back, it doesn't imo give quite the trading clarity that you suggest it does.