What Is the Correlation Coefficient? The correlation coefficient is a metric that measures the strength and direction of a relationship between two securities or variables, such as a stock and a ...

A statistical measure of the linear relationship between two variables. The range of a correlation co-efficient is from -1 to +1. Variables with a positive correlation move in the same direction while ...

The Canadian Journal of Economics / Revue canadienne d'Economique, Vol. 13, No. 1 (Feb., 1980), pp. 16-34 (19 pages) The question `when is a random variable Y riskier or more variable than another ...

We propose covariate adjusted correlation (Cadcor) analysis to target the correlation between two hidden variables that are observed after being multiplied by an unknown function of a common ...