This article explains the significance of linear correlation coefficients for investors, how to calculate covariance for stocks, and how investors can use correlation to predict the market.

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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.

Discover how to accurately calculate beta in stocks, with comprehensive definitions and examples, empowering you to make the most informed trading decisions ...