What Is the Correlation Coefficient? The correlation coefficient is a metric that measures the strength and direction of a relationship between two securities or variables, such as a stock and a ...

Positive correlation is a relationship between two variables in which both variables move in tandem.

Correlation coefficients are indicators of the strength of the linear relationship between two different variables, x and y. A linear correlation coefficient that is greater than zero indicates a ...

A correlation coefficient is a statistical measure that shows the strength of a relationship between two variables.

Compare the beta values obtained from financial sources and compute beta using Microsoft Excel.