Economy, asked by sakshigujral1986, 10 months ago

A correlation to the positive of planet in its orbit to the behaviour of financial market meaning

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Answered by smartx96
0

Answer:

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Explanation:

Correlation, by itself, cannot affect the stock market because it is simply the degree to which two things behave in the same way. However, the correlation between the activity of two stocks, or between a stock and the performance of a given index, sector or industry, can be a very important factor in developing a prudent investing strategy. Stock analysts use a measure called the correlation coefficient to make predictions about how a stock will behave based on past performance and the activity of another security with which the stock in question has been shown to correlate.

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