What Are "the Number Of Points" In The Correlation Table? - Forex Forum

 
 Reply to this topicStart new topic
> What Are "the Number Of Points" In The Correlation Table?
Arnaud Jeulin
post Jun 24 2008, 14:15
Post #1


Mataf's VIP
****

Group: Admin
Posts: 2,230
Joined: 8-September 05
From: France
Member No.: 1
Broker: Oanda
Skype: forex.trader
Demo/Real: Real
Leverage: 1:5
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.
Go to the top of the page
 
+Quote Post
Arnaud Jeulin
post Jul 23 2008, 11:04
Post #2


Mataf's VIP
****

Group: Admin
Posts: 2,230
Joined: 8-September 05
From: France
Member No.: 1
Broker: Oanda
Skype: forex.trader
Demo/Real: Real
Leverage: 1:5
This chart should be more clearly:

Attached Image
Go to the top of the page
 
+Quote Post
 

Reply to this topicStart new topic
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:

 

Collapse

> Similar Topics

    Topic Title Replies Topic Starter Views Last Action
No New Posts   2 Arnaud Jeulin 3,595 18th July 2008 - 15:04
Last post by: Damien
No New Posts   0 FXPrice 1,182 19th September 2005 - 22:12
Last post by: FXPrice
No New Posts   0 FXPrice 1,031 18th September 2005 - 23:44
Last post by: FXPrice
No New Posts   0 FXPrice 948 22nd September 2005 - 22:15
Last post by: FXPrice
No New Posts   0 dieupip 1,494 25th September 2005 - 23:26
Last post by: dieupip

Lo-Fi Version Time is now: 5th September 2008 - 11:59
Powered By IP.Board © 2008  IPS, Inc.
Licensed to: Mataf.net
CommunitySEO 1.2.2 © 2008  IPB SEO Module

Welcome Guest ( Log In | Register )

Chat

Forex Forum

English
Français

Economic calendar

[Full Economic calendar]