Calculating the correlation between two stocks | Analyzing stock returns #5
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Nov 11, 2022
We explain how to calculate the correlation between two stocks using Excel and show how to construct a correlation matrix. 0:00 Correlation - comovement in stock prices 1:25 Using Excel to compute stock correlations 4:38 Perfect positive correlation 6:05 Corr(A, B) = Corr(B, A) 7:41 Stock correlations vary over time Enjoying our content? Click the link below to subscribe to our channel: https://www.youtube.com/channel/UCshd-qjVDVwSfYi6P7cgAXA/?sub_confirmation=1 You can also follow us on Twitter: https://twitter.com/initial_return And, visit our website for free courses, tutorials, and more: https://www.initialreturn.com/ You can read our post on stock correlations here:
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