A correlation coefficient is used in statistics to describe a pattern or relationship between two variables. A negative correlation describes the extent to which two variables move in opposite ...

A linear correlation coefficient that is greater than zero indicates a positive relationship. A value that is less than zero signifies a negative relationship. Finally, a value of zero indicates ...

Yes, the correlation coefficient can be negative but cannot exceed -1. A negative correlation would show as a downward slope on a graph. The Pearson correlation coefficient calculator is a metric ...

Almost every day you can find in media commentary that XYZ is causing stocks to fall (or rise). Such definitive statements are common—but what’s almost always missing is statistical proof.

Bitcoin’s fluctuating correlation with US equities is raising questions about its role as a global safe-haven asset during periods of financial stress. Bitcoin (BTC) exhibited a strong negative ...

A coefficient number ranging from +1.0 (positive correlation) to -1.0 (negative correlation) is used to give insight into risk management with crypto correlation. Investors use crypto market ...

A negative correlation indicates that two variables ... The small values of these coefficients likely indicate that midstream companies’ stock prices may not move with natural gas prices in ...

The 90-day correlation coefficient of -0.70 suggests a notably strong negative relationship between the two assets. (TradingView/CoinDesk) Bitcoin and the DXY have been mostly negatively ...

has once again turned negative. BTC’s correlation coefficient to the DXY has fallen to -0.36, after moving as high as 0.84 on Nov. 19. Correlation coefficients measure the relationship between ...