quick question on terms

[Richard Cooper]

What is the meaning of 60 and 360 in the two historical correlations...is it days? How are they used and what do they refer to in a screen? thanks, Richard (new member). P.S. I think you are building a great site.

[admin]

Yes, it is days (number of end-of-day close prices used for calculating the correlation).

So:

• avg correlation 60 - you calculate correlation(period=60) for each sample (day) and average over the whole interval (period)
• avg correlation 360 - you calculate correlation(period=360) for each sample (day) and average over the whole interval (period)

I hope it is more clear now.

P.S. Thanks