Блог QEXPERTcom
Foreign Exchange Correlations
Defining Correlation in Finance
Correlation in finance is the statistical measure of the degree to which two securities are related to its other. This relationship is measured during a certain time period.
Correlation in finance is the statistical measure of the degree to which two securities are related to its other. This relationship is measured during a certain time period.
Correlations are expressed on a scale of -1.0 to +1.0, as follows:
- +1.0, two assets move in an identical direction, 100% of all times
- +0.0, two assets move in random directions