Correlation measures the relationship between two variables. Learn how to calculate the correlation coefficient between market indicators and stock prices.

This graph plots the correlation between people who died by falling out of wheelchairs between 1999 and 2005, and the rising costs of a 16oz bag of potato chips in the U.S during the same period.

Correlation analysis in portfolio management design is overrated. There isn’t much benefit derived from relying on low correlation among asset classes to achieve excess return. The best way to ...