Reviewed by Thomas J. Catalano Fact checked by Vikki Velasquez You can calculate the correlation coefficient to find the correlation between any two variables, whether they are market indicators ...

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.

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 ...

Following up on that, of course, calculating statistical measures such as standard deviation and correlation manually can be cumbersome.

From the statistical definition above, an alternative definition of beta is that it equals the correlation between the stock's returns and the market's returns multiplied by the standard deviation ...

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The coefficient of determination is used in statistical analysis to assess how well a model explains and predicts future outcomes. It's more commonly known as r-squared.