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Plot/calculate correlation of n securities
Rank: Member
Groups: Registered, Registered Users, Unverified Users Joined: 6/9/2010(UTC) Posts: 17
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Is it possible to calculate the correlation between n securities and plot it? I have the plugin FIRE if that helps.
BR
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Rank: Advanced Member
Groups: Moderators, Registered, Registered Users, Subscribers Joined: 10/8/2010(UTC) Posts: 1,967
Thanks: 93 times Was thanked: 155 time(s) in 150 post(s)
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The correlation analysis indicator in MetaStock only calculates the correlation of one data set to one other data set. You would have to specifically code the correlations for the individual securities one at a time. the only other option is a DLL but you would need to create that yourself or find someone to code it for you.
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Plot/calculate correlation of n securities
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