Cross-Correlation
A statistical measure timing the movements and proximity of alignment between two different information sets of a series of information. Investopedia Says:
Cross correlation is generally used when measuring information between two different time series. The range of the data is -1 to 1 such that the closer the cross-correlation value is to 1, the more closely the information sets are. Related Terms:
Autocorrelation
Correlation
Covariance |