YouTube Video: How To Calculate Correlation for Stocks, Bonds and Funds

How To Calculate Correlation for Stocks, Bonds and Funds

A key skill for any investor is to choose assets that diversify their portfolio. This is why correlation is important: if you don’t know how correlated two assets are you won’t know whether they diversify one another and reduce your portfolio risk or increase it. In this video, I show what correlation is and how to calculate it.

To get the spreadsheet to help you get started, go here:

How To Calculate Correlation

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