uk shares correlation with the FTSE

[breadman]

Does anyone know what uk shares have the highest correlation with the FTSE on a daily basis, ie that go up when the FTSE goes up and go down when the FTSE goes down. At a guess Vodafone is probably the top one, but I am looking for the top 5 10 shares.

Thanks,

Breadman

 

[Erics]

Of course

 

[Tuffty]

Sharescope says in order FP., HSBA, LLOY, BARC, PRU, VOD.

I did email them as to how they calc their correlation a while ago. Never came back to me.

The beta's range from 1.17 to 1.60

 

[ukhero]

There are many variants that effect the FTSE, to name but a few:

The 100 FTSE stocks.

The time of year.

Price of oil.

Interest rates.

Currency exchange.

In general, the FTSE's rise and fall can be predicted with these and other predicable formulas. Homework IS required.

Yours

UK