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Pairs Trading: Correlation | Investopedia
For example, Gold and other metals are not available to U. Each cell of the table shows the correlation coefficient between the two currency pairs vertical headings over the corresponding time period horizontal headings. The following categories indicate a quick way of interpreting the table values. Note that a negative correlation means the two currency pairs correlate in the opposite directions e.
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These documents can be found here. First Type I Financial Instruments Business Director of the Kanto Local Financial Bureau Kin-sho No.
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Availability of Instruments Not all instruments are available in all regions. How to Read the Table Each cell of the table shows the correlation coefficient between the two currency pairs vertical headings over the corresponding time period horizontal headings. How Correlation Coefficients are Calculated The correlation coefficient for two exchange rates is calculated using the following formula: Losses can exceed investment.