MAY-2016 iShares MSCI Mexico Index Fund NYSE : EWW Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.8 In other words, the correlation coefficient of the other stocks
Mexican Peso will continue raise why? All Illegal will start sending dollar back home. This trend to start very very soon as they unlikely want to stay here anyway. I think US technology need to fast enough to create replacement robots for them ( Which I think they will be unless Trump create problem with H1B as well)
EWW and the Mexican peso have fallen so much because of Trump that it makes U.S. products even more uncompetitive.
30-Day Downside Put Protection goes to its Highest Mark in 8 months $EWW 49.49-0.05 (-0.1%)iShares MSCI Mexico Capped Ind The cost to protect downside risk climbed to 3.4%, the highest level since Feb 12, 2016 when it was at 3.3%. The 52-Week average is 2.5% and the 52-Week range is 1.9% - 3.8%. https://marketchameleon.com/Overview/EWW/OptionChain