Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. David Kindness is a Certified Public Accountant (CPA) and an expert ...
Bitcoin’s (BTC) 52-week correlation with gold reached zero for the first time since mid-2022 and may turn negative by the end of January. Key takeaways: In the past four comparable instances, Bitcoin ...
Correlation coefficients range from -1 to +1, indicating the strength of relationships between variables. Investors use correlation coefficients for portfolio diversification to reduce risk.