In statistics, correlation is the scaled ... methods for finding the correlation coefficient. Every correlation coefficient formula requires time series data for the variables being considered.
How to Use the CORREL Function in Excel . Now that you understand what the CORREL function does and how to prepare your data, ...
In statistics, correlation is the scaled version ... then use the following formula: Correlation Coefficient=COVSDMI × SDSPwhere:COV=Market indicator, stock priceSDMI=Standard deviation for ...