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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
 LAPR   -0.241139 
 BRKR   -0.241222 
 KFY   -0.241373 
 LCLG   -0.241447 
 BRKR.IX   -0.241522 
 CCCC.IX   -0.241668 
 XOEX.IX   -0.241671 
 DJIA.IX   -0.241680 
 PRT   -0.241686 
 ROUS   -0.241793 
 CGMS   -0.242012 
 SEIC   -0.242036 
 GTO   -0.242091 
 PTY   -0.242151 
 FGMCU   -0.242217 
 WFC-PL   -0.242326 
 XLP.IX   -0.242367 
 GNRC.IX   -0.242530 
 PINK   -0.242635 
 KRRO.IX   -0.242659 
 GNRC   -0.242676 
 WKSP   -0.242699 
 IFLN.IX   -0.242886 
 KYIV.IX   -0.242892 
 VIG   -0.242990 
 
19774 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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