From: | 2021-11-10 | To: | 2023-01-01 |
Symbol | Title | Sector | Industry | M.Cap.[M] | Div Yield | Last Close | AvgVol 200d |
LCID | Lucid Group Inc | Consumer Cyclical | Auto Manufacturers | 7992 | 2.62 | 75479873 | |
RIVN | Rivian Automotive Inc | Consumer Cyclical | Auto Manufacturers | 16784 | 14.64 | 33609907 |
Here we apply an orthogonal regression (also known as total least squares) to both price series. We are interested in some key statistical properties (like β, ...) and in analysing orthogonal residuals:
In this section, Engle-Granger cointegration test is performed using OLS regression method in both directions. Residuals of the regression are plotted and analyzed further: