Correlation Histogram Type Description
Zero Correlation Histogram
- The stock pair is concentrated in the correlation coefficient zero.
- Case the diversification, Zero type will Overweight of the portfolio.
- And, Zero type are often low volatility.
Type A Correlation Histogram
- The stock pair is concentrated in the plus high correlation coefficient and minus high correlation coefficient.
- The A type will underweight of the portfolio.
- This is not a normal distribution.
Type B Correlation Histogram
- The stock pair is concentrated in the plus high correlation coefficient.
- The B type will underweight of the portfolio.
- This is not a normal distribution.
Type C Correlation Histogram
- The stock pair is concentrated in the minus high correlation coefficient.
- The C type will underweight of the portfolio.
- This is not a normal distribution.
dataunion.tistory.com/entry/WhiteHorse-Finance-Inc-NASDAQ-WHF-Correlation-Histogram
Zero Correlation Histogram
- The stock pair is concentrated in the correlation coefficient zero.
- Case the diversification, Zero type will Overweight of the portfolio.
- And, Zero type are often low volatility.
Type A Correlation Histogram
- The stock pair is concentrated in the plus high correlation coefficient and minus high correlation coefficient.
- The A type will underweight of the portfolio.
- This is not a normal distribution.
Type B Correlation Histogram
- The stock pair is concentrated in the plus high correlation coefficient.
- The B type will underweight of the portfolio.
- This is not a normal distribution.
Type C Correlation Histogram
- The stock pair is concentrated in the minus high correlation coefficient.
- The C type will underweight of the portfolio.
- This is not a normal distribution.
dataunion.tistory.com/entry/WhiteHorse-Finance-Inc-NASDAQ-WHF-Correlation-Histogram
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.