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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
 BTOT.IX   -0.216092 
 TWLVU   -0.216127 
 EQRR   -0.216164 
 FLEX.IX   -0.216332 
 FLEX   -0.216353 
 NCL   -0.216453 
 ATRA.IX   -0.216524 
 CHAU   -0.216535 
 RDIV   -0.216540 
 NULG   -0.216578 
 NULG.IX   -0.216961 
 MTUS.IX   -0.216979 
 TKNO   -0.217151 
 KEMX.IX   -0.217215 
 SEPW.IX   -0.217251 
 RSPM.IX   -0.217255 
 PTF.IX   -0.217319 
 TKO.IX   -0.217461 
 DJIA   -0.217631 
 MAZE.IX   -0.217921 
 KGS   -0.218056 
 LSVD.IX   -0.218088 
 KELYA   -0.218121 
 XSEP   -0.218232 
 INTT.IX   -0.218271 
 
19772 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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