Which one of the following statements is false?
Traditionally, when the price earning (PE) ratio is high, a lot of good news is priced into the market and the future returns are normally attractive.
If the price of one stock goes up, while the other moves down, they would have a perfect negative correlation, noted as -1.0.
Investors can either trade on the stock market by using a trading platform.
If the correlation between two stocks is 0, it means that the prices of the two stocks move completely in tandem to their average prices.