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Public Property Syndication Association

www.ppropsa.co.za
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Tel: 012 346 0848
Address:
105 Club Avenue
Waterkloof
Pretoria
Postbox:
PO Box 2344
Brooklyn Square
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From The Glossary »

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Correlation:

A measure of how strong the relationship is between the value of two random variables (e. g. the price of two shares over time). Correlation is always between –1 and 1. A correlation of 1 means that two variables will move in perfect harmony, a correlation of –1 means that two variables will move in perfect disharmony.
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