You can use several methods to calculate correlation in Excel. The correlation coefficient ranges from -1 to 1. Exactly 1 is considered perfect. It indicates that one security will move in the ...

Calculating the correlation coefficient is your secret weapon ... as a little bit of data cleanup goes a long way in Excel analysis. How to Use the CORREL Function in Excel Now that you understand ...

Below, we'll run through the process of setting up a regression analysis using Excel ... coefficients indicate opposite direction of movement in most cases. The other key result is the correlation ...

Calculating the correlation coefficient for these variables ... matrix across a range of data sets, Excel has a data analysis plugin. To use it, you must first enable the data analysis ToolPak.