Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
Tuesday, April 7, 2009
Stock Correlation Tool Released
The Stock Correlator allows you to enter up to 4 symbols and specify a starting and end date for the desired correlation period.
The tool is available free. Try it now.
Stock correlation is extremely useful and has been discussed in this blog in several posts:
Correlation of the DOW30 stocks
ETF and Index Correlation
Correlation of oil, gold, and currencies
Correlation of oil and natural gas
Correlation of the most traded stocks in the US
The Pro version of the tool may be customized and allows virtually unlimited number of stocks and dates. It can also show custom logos and rotating ads.
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