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You can use several methods to calculate correlation in Excel. Understanding Correlation . The correlation coefficient ranges from -1 to 1. Exactly 1 is considered perfect.
How to Calculate Correlation . There are several methods of calculating correlation. The most common method, the Pearson product-moment correlation, is discussed further in this article.
The article How to Calculate Beta From Volatility and Correlation originally appeared on Fool.com. Try any of our Foolish newsletter services free for 30 days .
You can use several methods to calculate correlation in Excel. Understanding Correlation. The correlation coefficient ranges from -1 to 1. Exactly 1 is considered perfect.
The article How to Calculate Beta From Volatility and Correlation originally appeared on Fool.com. Try any of our Foolish newsletter services free for 30 days .