Correlation Coefficient Financial Glossary

What is it? A statistical measure that indicates how much a change in one variable can be explained by a change in another variable.

Finance Term Definition Added By: Hannah

Send To Friends!

If you'd like to send the Correlation Coefficient definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Correlation Coefficient. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Free Application for Federal Student Aid (FAFSA) is The financial aid application document completed by the student, and the students parents if applicable, that collects household and financial information. The FAFSA is the foundation document for all federal need analysis computations and database matches performed for a student.

Financial Term effective margin is The effective margin is the average spread over the underlying index that the investor expects to earn over the life of a floating-rate security. For a floating-rate security selling at its par line, the effective margin is identical to the spread between the coupon rate and the underlying index. An advantage of using an effective margin measurement is that it applies equally well to floating-rate securities trading at discounts, at par, or at premiums. A security trading at a discount will have an effective margin greater than the difference between the coupon rate and the index.

Financial Term Member is In IST an optional designation used in FP5 for organisations joining a Network or Accompanying Measure

Financial Term Capital Gains Distribution is Profits distributed to shareholders resulting from the sale of securities held in a portfolio for more than one year.

Financial Term Billing Statement is The monthly bill sent by a creditor. It gives a summary of activity on an account, including balance, purchases, payments, credits, and finance charges.