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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With C
  5. Correlation Coefficient

Correlation Coefficient

Definition of 'Correlation Coefficient'

A measure of the extent to which two variables show a relationship, expressed on a scale of -1 to +1.

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Related Terms

Co-Movement / Co-VariationR-Squared / R²Low CorrelationArbitrage Pricing ModelCoefficient of DeterminationSecurity Market Line

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