Correlation coefficients are used in science and finance to assess the degree of association between two variables, factors, or data sets. For example, as high oil prices are favorable for crude ...

Graphically, this can be seen below. Note that the two means are equal, but the two standard deviations are different. The larger standard deviation has a CoV of 0.03, or 3%, while the smaller ...

And the correlation coefficient between the monthly rate of change for US stocks and oil (since 1973—as far back as I can get good monthly data for oil) is: -0.003. Which is a negative ...

The coefficient of determination shows the level of correlation between one dependent and one independent variable. It's also called r 2 or r-squared. The value should be between 0.0 and 1.0.

The 90-day correlation coefficient between bitcoin and the dollar index has slipped to a two-month low of -0.70, according to data from charting platform TradingView.

The 90-day correlation coefficient between the two has declined to -0.70 from -0.11 four weeks ago, ... The data is likely to show the world's largest economy grew at an annualized rate of 2.0%, ...