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Share Prices
Finance Glossary
Terms Beginning With C
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.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z #

Related Terms

Co-Movement / Co-Variation R-Squared / R² Low Correlation Arbitrage Pricing Model Coefficient of Determination Security Market Line

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