Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
Correlation coefficients range from -1 to +1, indicating the strength of relationships between variables. Investors use correlation coefficients for portfolio diversification to reduce risk.
View post: Walmart's bestselling Lenovo tablet is on sale for just $106, but not for long Correlation measures the relationship of two stocks based on their returns (percentage gains or losses), not ...