correlation

(redirected from coefficient)
Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia.
Related to coefficient: correlation coefficient, coefficient of friction, Coefficient of variation, regression coefficient, Coefficient of determination

Correlation

Statistical measure of the degree to which the movements of two variables (stock/option/convertible prices or returns) are related. See: Correlation coefficient.

correlation

The relationship between two variables during a period of time, especially one that shows a close match between the variables' movements. For example, all utility stocks tend to have a high degree of correlation because their share prices are influenced by the same forces. Conversely, gold stock price movements are not closely correlated with utility stock price movements because the two are influenced by very different factors. The concept of correlation is frequently used in portfolio analysis. See also serial correlation.

Correlation.

In investment terms, correlation is the extent to which the values of different types of investments move in tandem with one another in response to changing economic and market conditions.

Correlation is measured on a scale of - 1 to +1. Investments with a correlation of + 0.5 or more tend to rise and fall in value at the same time. Investments with a negative correlation of - 0.5 to - 1 are more likely to gain or lose value in opposing cycles.

correlation

a statistical term that describes the degree of association between two variables. When two variables tend to change together, then they are said to be correlated, and the extent to which they are correlated is measured by means of the CORRELATION COEFFICIENT.

correlation

A former appraisal term, replaced by reconciliation.
References in periodicals archive ?
ij], a new input coefficient that minimizes the cross entropy distance from the existing input coefficient:
This hypothesis has been raised about the existence of the effect of added value of intellectual capital coefficient (VAIC) on financial performance (standard of ROE) of pharmaceutical companies listed in Tehran Stock Exchange and it gets tested using the following model:
The difference between the torque with load and the torque without load will be used to analyze the compaction coefficient latter.
The Black Sea city of Burgas also registers a positive trend with an employment coefficient of 11%.
d) replacement of existing doors with new hardware with a maximum value of heat transfer coefficient U = 2.
When the de facto grandfathering principle is included, our carbon Gini coefficient indicates that as much as 70 percent of the global carbon budget is still in dispute between rich and poor countries.
The main postulate of the present study is that the Euclidean Hubble coefficient needs to be used in order to compute the scale factor in metric distances and not on the basis of LTDs, see (1).
The Gini coefficient certainly points to the serious issue of income inequality," the director of the Chengdu city-based centre Gan Li told AFP.
Therefore, the research division at Arab Investment Company has taken on the task of deriving the Beta coefficient of reclassified sectors, based on Total Monthly Performances-price, bonus shares and cash distributions, for the last five years.
Polymers have a consistency index (m) and a power-law coefficient (n) that describe its general viscosity behavior with respect to changing temperature (T) and shear rate (Y).