Correlation - None

If two variables have no association then we have no correlation expressed as a correlation coefficient of 0.


scattergram



As correlation moves further and further from being perfect the points will become more spread out until they create a circular shape either pointing up or down.
The circular shape is created because most variables have values which are normally distributed.


There is no relationship


Combining to assets that have no correlation can reduce your risk.



© 2021 Better Solutions Limited. All Rights Reserved. © 2021 Better Solutions Limited TopPrevNext