Positive correlation

Positive correlation,

Definition of Positive correlation:

  1. See correlation.

  2. Positive correlation is a relationship between two variables in which both variables move in tandem—that is, in the same direction. A positive correlation exists when one variable decreases as the other variable decreases, or one variable increases while the other increases.

  3. In statistics, a perfect positive correlation is represented by the correlation coefficient value +1.0, while 0 indicates no correlation, and -1.0 indicates a perfect inverse (negative) correlation.

How to use Positive correlation in a sentence?

  1. Beta is a common measure of how correlated an individual stock's price is with the broader market, often using the S&P 500 index as a benchmark.
  2. Positive correlation is a relationship between two variables in which both variables move in tandem—that is, in the same direction.
  3. A positive correlation exists when one variable decreases as the other variable decreases, or one variable increases while the other increases.
  4. Stocks may be positively correlated to some degree with one another or with the market as a whole.

Meaning of Positive correlation & Positive correlation Definition