Complex System Similarity - Stock Markets

Derivatives Modified The Natural Structure of Independent Traded Stock Many stocks are correlated with each other; it could be that they are correlated by sector or by design ? This is a snapshot of a few correlated stocks within the month of October 2019. The time domain profiles; for correlated stocks are seen below: JCI - Time Domain Profile - Same Day - Below: As you can see JCI and RIG are Positively Correlated (e.g. when RIG goes up JCI also does) Note that RIG goes up in the "gaps" between JCI moving up RIG is also positively correlated with IR ...