|Apple vs Samsung (cointegrated spread w/Kalman filter adaptive beta)|
Little 'blog-app' for you.
Does it truly not take a genius as Samsung suggest? Can 2 million iPhone 5 pre-orders be wrong?
Apple vs Samsung as a relative value trade consistently shows Apple to be very hard to pick up as a bargain. Roughly four times as hard as it is to purchase Samsung at relative value. The folks out there consuming may love an Apple product. But the folks out there in equity markets love an Apple stock even more.
So Samsung at least comfortably has the measure of its rival when it comes to the buy-leg of pairs trading volume. Will that continue?
With the Samsung Galaxy S4 arriving a full 5 months from now; and the fanaticism of Apple owners (goods and equity) showing no signs of abating one can't help but think the odds are favourable it will.