Pearson correlation coefficient formula The formula for Pearson’s correlation coefficient, r, relates to how closely a line of best fit, or how well a linear regression, predicts the relationship ...

The correlation coefficient is one of the most important concepts in statistical analysis, and can be highly useful to investors. Here's why.

Correlation measures the relationship between two variables. Learn how to calculate the correlation coefficient between market indicators and stock prices.

A correlation coefficient is a statistical measure that shows the strength of a relationship between two variables.

You can calculate the correlation coefficient to find the correlation between any two variables, whether they are market indicators, stocks, or anything else that can be tracked numerically.