Correlation Pair Vs Market -

Correlation des devisesCorrelation des devises

In this part you will be able to have a total sight of the correlation of a pair versus the market. You must select the parity you want to analyse then to give the number of points on which the correlation will be calculated and finally to select the basket of pairs.

The result is given with Radar plots representing the hourly and daily correlation. More the points are located outside more the correlation is strong. In the event of negative correlation you will see appearing a sign "-" in front of the name of the parity.

In other chapters of you will be able to calculate the cross correlation of a basket of currencies and to study more precisely the correlation between two parities.