Rank: Newbie
Groups: Registered, Registered Users, Unverified Users Joined: 4/27/2005(UTC) Posts: 8
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Is it possible to write an exploration that distributes a correlation between a list or folder and a base index or security.
I know we can do this with Comparative Relative Strength.
Ideally, I would like to set up an exploration that would have the correlation coefficient to the SP-500 in Col. A., the Alpha in column B, and the Beta in col. C.
The reason for this are obvious. One can find many arbitrage opportunities by finding anti-correlations and it is also useful in Intermarket relationships.
Thanking you in advance!
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Rank: Advanced Member
Groups: Registered, Registered Users Joined: 3/19/2005(UTC) Posts: 2,995
Was thanked: 14 time(s) in 10 post(s)
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Originally Posted by: ForumDll.CustomIndex", "C:\\MetaStock Data\\My Trades\\SP500")
C;
Column C [%DELTA]
C-ExtFml("ForumDll.CustomIndex", "C:\\MetaStock Data\\My Trades\\SP500");
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 9/8/2004(UTC) Posts: 2,266
Was thanked: 1 time(s) in 1 post(s)
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Sorry guys it still is not ready ...
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