Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. David Kindness is a Certified Public Accountant (CPA) and an expert ...
View post: Amazon is selling a foldable cordless treadmill for only $128 Correlation measures the relationship of two stocks based on their returns (percentage gains or losses), not their historical ...
Correlation coefficients range from -1 to +1, indicating the strength of relationships between variables. Investors use correlation coefficients for portfolio diversification to reduce risk.