The Correlation Coefficient Identifies What Causes the Relative Movement in Returns

question 33

True/False

The correlation coefficient identifies what causes the relative movement in returns between two securities.

---

Definitions:

Property

An attribute or characteristic of an object in programming, or a physical or intellectual resource owned by an individual or entity in legal terms.

Sorting

The process of organizing data in a specific order, such as alphabetically, numerically, or by date.

Zero-length String

A string value that contains no characters, often used to represent the absence of text.

Entry

The act of inputting data into a system or the individual piece of data that is entered.