On Friday, Caterpillar Inc. (CAT) stock saw a decline, ending the day at $384.07 which represents a decrease of $-3.29 or -0.85% from the prior close of $387.36. The stock opened at $385.99 and ...
In an everyday context, mean reversion would involve spitefully backing your car over your neighbour’s cat. In a financial setting ... Financial pundits have nevertheless been invoking mean reversion ...