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What Does a Negative Correlation Coefficient Mean?

Fact checked by Suzanne KvilhaugReviewed by Thomas J. CatalanoFact checked by Suzanne KvilhaugReviewed by Thomas J. Catalano A correlation coefficient is used in statistics to describe a pattern or ...
JSTOR Daily

Some Extensions to Miss F. N. David's Tables of Sample Correlation Coefficient: Distribution Function and Percentiles

In this paper, we provide extensions to Miss F. N. David's (1938) tables of the correlation coefficient. These extensions are made in two different directions. The first part is concerned with the ...
JSTOR Daily

On the Range of Correlation Coefficients of Bivariate Ordered Discrete Random Variables

The range of correlation coefficient of any bivariate discrete random vector with finite or countably infinite values is derived. We show analytically that the normal-transformed discrete bivariate ...
Yahoo Finance

What Correlation Coefficients Tell Us about Chevron and Oil Prices

Now let’s examine the correlation between Chevron’s (CVX) stock, crude oil, and natural gas prices. The correlation coefficient shows the relationship between two variables. A correlation coefficient ...
Investopedia

Benchmark for Correlation Values: What It Is, How It Works

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas including investing, ...