Correlation coefficients are indicators of the strength of the linear relationship between two different variables, x and y. A linear correlation coefficient that is greater than zero indicates a ...
Bitcoin (BTC) is once again behaving differently from the traditional risk asset complex, and the latest divergence may be sending an important signal. Negative correlation between bitcoin and the ...
ORLANDO, Florida, April 10 (Reuters) - Correlations between U.S. stocks and bonds are weakening and in some cases turning negative for the first time in almost a year, breathing new life into the ...
Recently, the NASDAQ-100 Index and the venerable Dow Jones Industrial Average are moving in almost mirror images of each other. Artificial intelligence stalwart Broadcom peaked one week ago today at ...
The latest price move in gold is occurring with positive correlation to the S&P 500, as opposed to the negative correlation ...
Crypto correlation measures the relationship of market price movements between cryptocurrencies and traditional finance assets. A coefficient number ranging from +1.0 (positive correlation) to -1.0 ...
Bitcoin (BTC) has historically moved in the opposite direction of the U.S. Dollar Index (DXY), which gauges the greenback's exchange rate against major fiat currencies, including the euro. The ...
Correlation coefficients range from -1 to +1, indicating the strength of relationships between variables. Investors use correlation coefficients for portfolio diversification to reduce risk.
Blockchain analytics provider Glassnode reported a “strong negative correlation” between Bitcoin and USDt activity over the last two years. “During euphoric phases, USDT typically flows out at –$100M ...