Correlations

Correlation, in the finance and investment industries, is a statistic that measures the degree to which two securities move in relation to each other. Correlations are used in advanced portfolio managent, computed as the correlation coefficient which has a value that must fall between -1.0 and +1.0.

Correlation is a statistic that measures the degree to which two variables move in relation to each other.

With our correlation app;

• You can create and store multiple correlations

• Within a correlation, you can

  • Save

  • Save As

  • Rename

  • Delete

  • Share with any KlickAnalytics member users

  • Ability to set custom dates to view the correlation matrix between your instruments

  • Ability to add multiple symbols to view their correlation matrix and much more.