 What Are "the Number Of Points" In The Correlation Table? |
 Jun 24 2008, 14:15
Post
|
|
 |
Could you please explain what the 'points' are when calculating/looking at the correlation tables?
In Wikipedia we can read: 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 refers to the departure of two variables from independence. In our correlation table, the two random variables are two pairs and the number of points is the number of data of each pairs. Example: I want to calculate the hourly correlation during the last 24 hours between EURUSD and GBPUSD. I'll select EURUSD and GBPUSD and the number of points will be 24. |
|
Jul 23 2008, 11:04
Post
|
||
|
|
This chart should be more clearly:
|
|
|
Oct 18 2008, 17:37
Post
|
|
|
|
Hi,
and what correlation formula you use to calculate the points? Tkx. |
|
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:
Similar Topics
| Topic Title | Replies | Topic Starter | Views | Last Action | |||
|---|---|---|---|---|---|---|---|
 |
2 | Arnaud | 6,367 | 18th July 2008 - 15:04 Last post by: Damien |
|||
|
0 | FXPrice | 2,769 | 19th September 2005 - 22:12 Last post by: FXPrice |
|||
|
0 | FXPrice | 2,399 | 18th September 2005 - 23:44 Last post by: FXPrice |
|||
|
0 | FXPrice | 2,100 | 22nd September 2005 - 22:15 Last post by: FXPrice |
|||
|
0 | dieupip | 2,886 | 25th September 2005 - 23:26 Last post by: dieupip |
|||
| Lo-Fi Version: What Are "the Number Of Points" In The Correlation Table? - Forex Forum |