Are the ADRs influenced by their home country’s market for BP and CEA

1.Determine whether the performance of each of your foreign stocks is driven by the corresponding market where the firm is based. First go to the site finance.yahoo.com/stock-center and find the name of the country index of concern. Click interactive under the chart; next, click on comparison above the chart and then type the name of the index in the compare symbol box.then assess the relationship between the market price movements appear to be driven by local market conditions. Repeat this exercise for each foreign stock in which you invested.
2.detemine whether your foreign stock prices are highly correlated. Repeat the process just describe, except insert the symbol representing one of the foreign stocks you own in the compare symbol box.
3.determine whether your foreign stocks performance is driven by the US market (using the S&P 500 as a market proxy). Erase the symbol you typed in the compare symbol box and click on S&P

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