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GreenReeper

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GreenReeper

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Friday, 09/04/2015 6:18:28 AM

Friday, September 04, 2015 6:18:28 AM

Post# of 821321
The Correlation Coefficient is positive when both securities move in the same direction, up or down. The Correlation Coefficient is negative when the two securities move in opposite directions. Determining the relationship between two securities is useful for analyzing intermarket relationships, sector/stock relationships and sector/market relationships. This indicator can also help investors diversify by identifying securities with a low or negative correlation to the stock market.

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