Good morning mooers! Here are things you need to know about today's market:
●S&P 500 and Nasdaq Hit All-Time Highs, Dow Jones Industrial Average Up 0.5%
●Anwar Ibrahim's Reforms to Attract High-Value Sectors Has Significant Impact on Malaysia and Asia, Says Forbes
●Federal Expenditure for Terengganu Increases to RM7.23 Billion This Year, Says Anwar
●Stocks to watch: Genting Malaysia, QL Re...

Good morning mooers! Here are things you need to know about today's market:
●Dow Jones Gains Over 300 Points as Jobless Claims Report Boosts Rate-Cut Expectations
●Malaysia to Remain Asia-Pacific's Largest Islamic Banking Market, Says S&P Global Ratings
●Ringgit Weakening Due to Strong US Dollar, Not Weak Fundamentals, Says Bank Negara Deputy Governor
●Stocks to watch: Scientex, Mr DIY
-mo...

You have a stock portfolio to provide a balanced and risk-adjusted exposure to the stock market. But for this to be meaningful, the stocks in a portfolio should not be correlated.
This then begs the question. Should the correlation be based on price or some business fundamentals?
The ideal case is to have uncorrelated stocks based on both market price and business performance correlation. This will achieve diversification that address...