Tutorial: Using Correlation Analysis to Identify Inputs

Introduction

Run Correlation Analysis for a Single Stock

Create a Time Series Prediction

Create a Prediction with Pre-lagged Inputs

Run Correlation Analysis for an Entire Group

Using Correlation Analysis to Identify Inputs

The Correlation Analysis Wizard allows you to determine the amount of correlation between one field and a collection of other fields over a range of previous samples. For example, you could determine whether the previous closing prices of stocks and indices in your portfolio are correlated to the closing price of another stock.

 

This activity will take you step-by-step through using correlation analysis to determine a set of potential inputs and creating a useful prediction from those inputs.

 

_    Continue to the first task.

Ä    Run Correlation Analysis for a Single Stock

 

&  Or, return to the menu for this tutorial.