For example, when two stocks move in the same direction, the correlation coefficient is positive. Conversely, when two stocks move in opposite directions, the correlation coefficient is negative.

Background Immune-mediated processes leading to childhood type 1 diabetes may begin in fetal life. We hypothesised that a ...

Benzinga looks at defensive stocks with low correlation to SPY S&P 500 ETF Trust and how they might improve your portfolio’s performance.