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Date/Time: Sat, 18 May 2024 09:26:56 +0000



[User Discussion] - S&P correlation with others

View Count: 150

[2024-04-25 07:54:00]
VLiviu - Posts: 169
Hi

Is there any symbol that will show the correlation between the S&P (ESM) and other symbols in the market?
(I wanna see the dominance of it)
Thanks
Date Time Of Last Edit: 2024-04-25 07:56:16
[2024-05-16 06:50:24]
VLiviu - Posts: 169
anyone? :)
Thanks
[2024-05-16 09:29:59]
user_xyz - Posts: 377
Can you explain in more detail what you are looking for?
[2024-05-16 09:38:12]
VLiviu - Posts: 169
yes, thanks.
from time to time, when S&P is going down many others are going down or vice-versa.
this is called "correlation".

Meaning the S&P is driving the market.

Here

at the bottom of the page, you will find the correlation between S&P and Nasdaq
[2024-05-16 15:11:33]
John - SC Support - Posts: 31704
Refer to the following:
Correlation Coefficient
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[2024-05-16 15:50:49]
VLiviu - Posts: 169
Thanks!
[2024-05-16 17:55:51]
VLiviu - Posts: 169
Maybe someone is interested on this, see attached.
imageCC.png / V - Attached On 2024-05-16 17:55:47 UTC - Size: 108.82 KB - 10 views

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