Correlation coefficients range from -1 to +1, indicating the strength of relationships between variables. Investors use correlation coefficients for portfolio diversification to reduce risk.

Bitcoin (BTC) is once again behaving differently from the traditional risk asset complex, and the latest divergence may be sending an important signal. Negative correlation between bitcoin and the ...

Bitcoin failed to break above $90K again, while its gold correlation slipped deeper into negative territory. Bitcoin slipped ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas including investing, ...

ORLANDO, Florida, April 10 (Reuters) - Correlations between U.S. stocks and bonds are weakening and in some cases turning negative for the first time in almost a year, breathing new life into the ...

Recently, the NASDAQ-100 Index and the venerable Dow Jones Industrial Average are moving in almost mirror images of each other. Artificial intelligence stalwart Broadcom peaked one week ago today at ...

Blockchain analytics provider Glassnode reported a “strong negative correlation” between Bitcoin and USDt activity over the last two years. “During euphoric phases, USDT typically flows out at –$100M ...

The correlation of bitcoin BTC $115,326.45 and ether ETH $4,175.24 to the U.S. Dollar Index (DXY) has once again turned negative. BTC’s correlation coefficient to the DXY has fallen to -0.36, after ...