Mathematics, 28.10.2020 22:40 dubouuu

What does a correlation coefficient of 0.76between two assets indicate?

Only one of the assets is profitable.
As one asset increases, the other decreases.
The two assets are weakly correlated.
The two assets are highly correlated.

Answers: 1

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What does a correlation coefficient of 0.76between two assets indicate?

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More questions: Mathematics Another questions

What does a correlation coefficient of 0.76between two assets indicate? Only one of the assets is profitable. As one asset increases, the other decreases. The two assets are weakly correlated. The two assets are highly correlated.

Answers

Another question on Mathematics

What does a correlation coefficient of 0.76between two assets indicate?

Only one of the assets is profitable.
As one asset increases, the other decreases.
The two assets are weakly correlated.
The two assets are highly correlated.