What is the difference between a positive and negative correlation??? SHORT ANSWER

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asked Nov 8, 2023 234k views

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Yonder · Answer 1 · 2023-11-13T09:43:45+0000

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For example, when two stocks move in the same direction, the correlation coefficient is positive. Conversely, when two stocks move in opposite directions, the correlation coefficient is negative. -- Credit Investopedia

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What is the difference between a positive and negative correlation??? SHORT ANSWER

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