Correlation Matrix

Advanced Micro Devices, Inc.NASDAQ

Descripción

⋅ 7 de May. de 2021 7:26

Returns a 4x4 correlation matrix between various user-selected symbols. Users can change the window of the correlation with the setting length.

Correlation matrices can be useful to see the linear relationship between various symbols, this is an important tool for diversification.

Comentarios

ICEKI

⋅ 7 de May. de 2021 21:21

Lovely, simple and effective corrleations matrix!
Appreciated your posting mate; keep it up <3

A_Traders_Edge

⋅ 7 de May. de 2021 12:16

If I may....im not too familiar with arrays yet, so what is holding this back from producing a higher level matrices? 16,32 correlation matrix? Thanks for your time and have a great day. How old are you btw? been meaning to ask? I Know I saw it before but I couldnt find it again and forgot.

Pratik_4Clover

⋅ 7 de May. de 2021 7:46

Lovely! Thank you ^^

artemlomtev

⋅ 25 de Ene. de 2023 12:56

Perfect! How to make 20x20?

OrcChieftain

⋅ 12 de Dic. de 2021 20:10

Is this basically ta.correlation(a,b,len) or does it work any differently?

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