correlation


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Related to correlation: correlation coefficient, Correlation Analysis, Pearson correlation

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 classic literature ?
For suppose the correlative of 'the slave' should be said to be 'the man', or the correlative of 'the wing"the bird'; if the attribute 'master' be withdrawn from' the man', the correlation between 'the man' and 'the slave' will cease to exist, for if the man is not a master, the slave is not a slave.
The detail in these non-related areas may reduce the accuracy of the overall correlation score and rank in a database search.
He evaluated correlation between financial relation and yearly output through regression method.
A scatter plot is essential to interpret correlation coefficient
April 18, 2012 /PRNewswire/ -- Correlation Ventures, the venture capital industry's predictive analytics pioneer, announces first quarter investments in four new companies: Aldea Pharmaceuticals, MOGL, numberFire, and a company currently in stealth mode.
A Pearson correlation coefficient was calculated to determine the relationship between attempted calls and established calls in Yola.
This is followed by the introduction of a new semi-empirical correlation developed for this study to better predict the gas cooling heat transfer coefficient of supercritical [CO.
Key words: phase-only, Fourier correlation, GC-spectra, sheep milk.
Summary: Through the close fundamental ties between the Euro Zone, UK and Swiss economies; we would expect to see a significant correlation develop in their respective.