Nevron .NET Vision Documentation
Correlation

Syntax
CORRELATION(values1; values2)
Arguments
The 'values1' and 'values2' arguments must be arrays.
Result
The result is a single value.
Description

Correlation indicates the strength and direction of a linear relationship between two random variables.

The correlation is 1 in the case of an increasing linear relationship, -1 in the case of a decreasing linear relationship, and some value in between in all other cases, indicating the degree of linear dependence between the variables. The closer the coefficient is to either -1 or 1, the stronger the correlation between the variables. If the two variables are completely independent their correlation is zero.

Related Examples
Windows Forms: All Examples\Data Manipulation\Functions\Financial\Technical Price Indicators

 

 


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