Which one of the following statements is false?

The bottom-up analysis refers to analysing a specific company when considering an investment in the stock market.

Market abuse including insider trading and market manipulation are reported to the Financial Sector Conduct Authority (FSCA).

The correlation coefficient has a value between +1.0 and 0.

Shareholders can purchase ordinary shares and will be entitled to the balance of income/profit after prior charges have been paid.

1 answer

The statement "The correlation coefficient has a value between +1.0 and 0" is false. The correlation coefficient has a value between -1.0 and 1.0, representing the strength and direction of the linear relationship between two variables.
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