Platinum prices surge to an 11-year high of $1,435.22 per ounce, driven by supply deficits and industrial demand.

The Real Estate Select Sector SPDR Fund is a tracker vehicle that offers diversified equity real estate exposure. Learn more ...

Correlation coefficients can mean a positive, negative, or no relationship between two variables. Use correlation coefficients to help pick securities for your portfolio.

The correlation coefficient of 0.846 indicates a strong positive correlation between size of pulmonary anatomical dead space and height of child. But in interpreting correlation it is important to ...

Discover the meaning of a negative correlation coefficient, how it compares to other correlation coefficients, and examples of where they might appear.

Discover the key limitations of using correlation coefficients in data analytics and why context is critical for accurate interpretation.

A correlation of 13% between Bitcoin and the NASDAQ 100 signifies a very weak or nearly negligible positive correlation. The positive correlation coefficient implies that, on average, when BTC moves ...

Spread the loveIntroduction The coefficient of correlation, commonly referred to as Pearson’s correlation coefficient (r), is a statistical measure that helps determine the degree of relationship ...

Spread the loveWhen it comes to analyzing data, correlation plays a vital role in determining the strength and direction of a relationship between two continuous variables. One of the most commonly ...

Source: CFA Institute Silver has been the commodity most closely-correlated to Bitcoin from October 2019 to October 2022, with a correlation coefficient of 0.26, according to the report.