Correlation coefficient
A coefficient of correlation is a mathematical measure of how much one number (such as a share price) can expected to be influenced by changes in another (such as an index). It is closely related to covariance (see below).
correlation coefficient
statistical measure of the degree to which the movements of two variables are related.
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Correlation coefficient
Definition: A correlation coefficient is a number between -1 and 1 which measures the degree to which two variables are linearly related.
Correlation coefficient
A standardized statistical measure of the dependence of two random variables,
defined as the covariance divided by the standard deviations of two variables.
Correlation Coefficient ...
Correlation Coefficient
A numerical measure of linear association between two variables that takes the values between -1 (perfectly strong and indirect relationship) to +1 (perfectly strong and direct relationship).
Correlation Coefficient
Correlation refers to the extent to which the market price behavior of one asset, or class of assets, corresponds to the market price behavior of another asset or class of assets.
Correlation Coefficient
A measure of the relationship between the returns of two securities or two classes of securities.
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Correlation coefficient - A measure of the extent of the relationship between two sets of variables.
Correlation coefficient
Relationship between two variables. The correlation coefficient measures the degree to which two variables are related.
Correlation coefficients are between -1 and 1, inclusive, by definition. They are greater than zero for positive correlation and less than zero for negative correlations.
A type of correlation coefficient that represents the relationship between two variables that are measured on the same interval or ratio scale.
Square of the correlation coefficient. The proportion of the variability in one series that can be explained by the variability of one or more other series a regression model. A measure of the quality of fit.
See: Correlation coefficient. Correlation coefficient A standardized statistical measure of the dependence of two random variables, defined as the covariance divided by the standard deviations of two variables.
R squared (R2) Square of the correlation coefficient proportion of the variability explained by the linear regression model.
correlation coefficient A Correlation Coefficient is a number between -1 and 1, gauging the degree to...
A correlation coefficient is the index of the extent of the linear relationship.
Correlation A statistical measure of how two securities move in relation to each other, computed into a 'correlation coefficient' which ranges between -1 and +1.
The standard measure of correlation is the correlation coefficient, a number between -1 and one that indicates the strength and direction of a linear relationship between two variables.
Correlation coefficients are used to measure how closely a pair of asset classes tends to move in relation to each other. A perfect positive correlation of 1.
A correlation coefficient of 1.00 implies that the variables move perfectly in lockstep; a correlation coefficient of -1.00 implies that they move inversely in lockstep; and a coefficient of 0.
The blue lines indicate linear regressions, resulting in the correlation coefficients r shown. Note that VIX has virtually the same predictive power as past volatility, insofar as the shown correlation coefficients are nearly identical.
The correlation coefficient between those two variables is only 0.0244 (2.44%) when IPOs and stock market index returns are analyzed simultaneously, but increases to as high as 0.5683 (56.83%) when the WIG returns are lagged by one year.
Student (1908b). Probable error of a correlation coefficient. Biometrika, 6, 302-310.
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Measures the degree to which two variables (such as a fund and its benchmark) move together. A correlation coefficient varies from -1.0 to 1.0. -1.0 indicates perfect negative correlation and +1.0 indicates perfect positive correlation.
Statistical measure of the degree to which the movements of two variables (stock/option/convertible prices or returns) are related. See: Correlation coefficient.
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Personal Finance Glossary ...
The ratio of the explained variation to the total variation is called the coefficient of determination. This is a measure of predicitive reliability, and is defined as the correlation coefficient squared.
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In the space, the SML and CML differs because of the SML slope that represents the correlation coefficient. The could be expressed as .
The correlation coefficient is a statistic that scales the covariance to a value between minus one (perfect negative correlation) and plus one (perfect positive correlation).
The correlation coefficient (rho) may take on any value between plus and minus one. See R-squared (R2). cost basis The original cost of an investment.
 See also: Coefficient, Values, Regression, Random variable, Expected return
  
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