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How to Calculate the Correlation Coefficient A simple calculation method is to use what's known as the Pearson correlation coefficient calculator, named after the English mathematician Karl Pearson.
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The article How to Calculate Beta From Volatility and Correlation originally appeared on Fool.com. Try any of our Foolish newsletter services free for 30 days.
Calculate R-squared in Microsoft Excel by creating two data ranges to correlate. Use the correlation formula to correlate both sets of data, or x and y.
In finance, correlation is used in several facets of analysis including the calculation of portfolio standard deviation. Computing correlation can be time-consuming, but software like Excel makes ...
What Is Correlation? 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 ...