correlation

correlation
The degree of relationship between two sets of data. A correlation near plus 1, called a positive correlation, indicates that changes in one set of data are closely related to changes in the other set and that the data sets change in the same direction. A correlation near minus 1, called negative correlation, indicates that changes in one set of data are closely related to changes in the other set and that the data sets change in the opposite direction. A correlation near zero indicates little or no relationship between the changes in the two sets of data. American Banker Glossary
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Statistical measure of the degree to which the movements of two variables ( stock/ option/convertible prices or returns) are related. Bloomberg Financial Dictionary
See: correlation coefficient. Bloomberg Financial Dictionary

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   A statistical tool that measures the degree to which two variables move together. A correlation of 1 means that the two variables move together exactly, while a correlation of -1 means that the variables move in exactly the opposite direction from each other.

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correlation UK US /ˌkɒrəˈleɪʃən/ noun [C or U]
► a connection between two or more things, especially when one of them causes or influences the other: correlation between sth and sth »

The research aims to identify if there is a correlation between corporate reputation and profits.

 correlation with sth »

Does the way workers feel they are perceived by their employers have a correlation with ambition?

 a clear/close/direct correlation »

Expenditure on training has a clear correlation with productivity.

 low/little/no correlation »

Stocks do not respond to rate changes in the same way as bonds do, so there is little correlation between stock and bond value with respect to interest rates.


Financial and business terms. 2012.

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  • corrélation — [ kɔrelasjɔ̃ ] n. f. • 1718; correlacion v. 1420; bas lat. correlatio 1 ♦ Philos. Rapport entre deux phénomènes (⇒ corrélat) qui varient en fonction l un de l autre. ⇒ correspondance, interdépendance, réciprocité. ♢ Statist. Coefficient de… …   Encyclopédie Universelle

  • Correlation — Corrélation Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom …   Wikipédia en Français

  • Correlation — Cor re*la tion ( l? sh?n), n. [LL. correlatio; L. cor + relatio: cf. F. corr[ e]lation. Cf. {Correlation}.] Reciprocal relation; corresponding similarity or parallelism of relation or law; capacity of being converted into, or of giving place to,… …   The Collaborative International Dictionary of English

  • correlation — I noun analogy, chain, collation, comparison, connection, corollary, correspondence, counterpart, equivalence, functionality, interchange, interconnection, interdependence, likeness, mutual, mutuality, parity, proportion, quid pro quo,… …   Law dictionary

  • correlation — 1560s, from M.Fr. corrélation, from cor together (see COM (Cf. com )) + relation (see RELATION (Cf. relation)) …   Etymology dictionary

  • correlation — [kôr΄ə lā′shən, kär΄ə lā′shən] n. [ML correlatio: see COM & RELATION] 1. mutual relationship or connection 2. the degree of relative correspondence, as between two sets of data [a correlation of 75%] 3. a correlating or being correlated… …   English World dictionary

  • Correlation — (v. lat.), 1) gegenseitige Beziehung; 2) Beziehung von 2 Wörtern od. Sätzen auf einander, so daß das od. der eine die Frage od. den Satz, das od. der andere die Antwort od. die Vergleichung enthält. Hieher gehören Comparatiwerhältnisse u.… …   Pierer's Universal-Lexikon

  • corrélation — CORRÉLATION. s. fém. Relation réciproque entre deux choses. Il n est d usage que dans le didactique. Les termes de père et de fils emportentcorrélation …   Dictionnaire de l'Académie Française 1798

  • correlation — [n] equating, equivalence alternation, analogue, complement, correspondence, correspondent, counterpart, interaction, interchange, interconnection, interdependence, interrelation, interrelationship, match, parallel, pendant, reciprocity,… …   New thesaurus

  • correlation — ► NOUN 1) a mutual relationship. 2) the process of correlating two or more things. 3) Statistics interdependence of variable quantities …   English terms dictionary

  • Correlation — In probability theory and statistics, correlation, (often measured as a correlation coefficient), indicates the strength and direction of a linear relationship between two random variables. In general statistical usage, correlation or co relation …   Wikipedia

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