question archive The relationship between two assets
The relationship between two assets
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The relationship between two assets. It is between -1 and +1, with a +1 indicating that the two assets move completely together and a -1 indicating that the two assets move in opposite directions from each other.
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True
False
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true
Step-by-step explanation
The correlation measurement is demonstrated as a number between +1 and -1. A +1 indicates a perfect positive correlation (they always move together in the same direction). A -1 indicates an a perfect negative correlation (they always move together in opposite directions of each other).
