Investing
Correlation (Investing)
A statistical measure of how closely two assets move in relation to each other, ranging from -1 (perfectly opposite) to +1 (perfectly in sync). Combining low-correlation assets reduces portfolio volatility.
Investing
A statistical measure of how closely two assets move in relation to each other, ranging from -1 (perfectly opposite) to +1 (perfectly in sync). Combining low-correlation assets reduces portfolio volatility.