In the above example, Apple and the S&P 500 have a correlation coefficient of 0.73817, which indicates a strong relationship between the two over 90 days of data.

Example of using correlation coefficients Let’s say that you own three stocks, which we’ll call Company A, Company B, and Company C. All three are growth stocks in the technology space ...

A demand curve is a good example of an often-used chart that has a negative or inverse correlation. Investopedia Negative Correlation and the Correlation Coefficient The correlation coefficient is ...

This is easy to resolve by running a correlation coefficient. Here, we measure US trade-weighted dollar strength against the S&P 500, monthly since 1967. And the correlation coefficient is -0.093.

In statistics, a perfect positive correlation is represented by the correlation coefficient value +1.0, while 0 indicates no correlation, and -1.0 indicates a perfect inverse (negative) correlation.

The asset correlation matrix proves that Treasuries are great diversifiers. It shows the correlation coefficient between Treasuries, developed markets, and emerging market stocks.

calculates and prints Cronbach's coefficient alpha. PROC CORR computes separate coefficients using raw and standardized values (scaling the variables to a unit variance of 1). For each VAR statement ...

Xuefeng Liu, Michael J. Daniels, A New Algorithm for Simulating a Correlation Matrix Based on Parameter Expansion and Reparameterization, Journal of Computational and Graphical Statistics, Vol. 15, No ...