Correlation
Correlation
Relationship between two series, expressed as a number between -1 and +1. A correlation of 1 means that two series move perfectly together - literally, if two series have a correlation of 1 it means that one of them can be expressed as a linear function of the other. A correlation of 0 means that there is no relationship between the two series. A correlation of -1 means that two series move in exactly opposite directions.