For a symmetric correlation matrix, the Inverse Correlation Matrix table contains the inverse of the correlation matrix, as shown in Figure 40.14. The diagonal elements of the inverse correlation ...

You can calculate the correlation coefficient to find the correlation between any two variables, whether they are market indicators, stocks, or anything else that can be tracked numerically.

The lower half of the scatter plot matrix for the six variables appears on your display ... When examining correlations, you should use correlation coefficients as well as confidence ellipses.