How to Calculate the Correlation Coefficient A simple calculation method is to use what's known as the Pearson correlation coefficient calculator, named after the English mathematician Karl Pearson.

This is easy to resolve by running a correlation coefficient. Here, we measure US trade-weighted dollar strength against the S&P 500, monthly since 1967. And the correlation coefficient is -0.093.

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Beta is a way to quantify a stock’s systematic risk. In simple terms, systematic risk refers to investment risk related to the movement of the entire market. Beta can help you answer questions like, ...

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