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Correlation
Correlation Calculator
Correlation analysis helps identify the relationship between two or more companies, showing how they move about each other. It helps assess patterns, manage risk, and improve decision-making by revealing which assets correlate positively or negatively.

Symbol
  Period, days
 
 SymbolCorrelation
 DDFD   0.475732 
 SEPT.IX   0.475684 
 MFIN   0.475672 
 SOJD   0.475632 
 FFAI.IX   0.475566 
 UAUG.IX   0.475560 
 FISK   0.475495 
 BBUC.IX   0.475419 
 FTCS.IX   0.475381 
 VEEV.IX   0.475355 
 KRBN.IX   0.475331 
 FWDI   0.475285 
 DECU   0.475189 
 SONM.IX   0.475166 
 FTCS   0.475127 
 EHTH.IX   0.475126 
 ARKO   0.475049 
 FFAI   0.474976 
 BGS   0.474962 
 SSTK.IX   0.474851 
 ICG.IX   0.474807 
 RSPF   0.474746 
 FTLF   0.474720 
 ARKO.IX   0.474680 
 AISP   0.474653 
 
19125 rows returned

Education Stock Correlation - Explanation
Stock Correlation is the statistical measure of the relationship between two stocks. The correlation coefficient ranges between -1 and +1. A correlation of +1 implies that the two stocks will move in the same direction 100% of the time. A correlation of -1 implies the two stocks will move in the opposite direction 100% of the time. A correlation of zero implies that the relationship between the stocks is completely random. Correlations do not always remain stable and can even change on a daily basis. Correlation analysis can help you to diversify your positions. An imperfect correlation between two different stocks allows for more diversification and marginally lower risk.



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