link Diversification
Correlation Calculator
Measure how closely two assets move together.
Use Pearson correlation to understand diversification potential.
Output
Correlation
Low or negative correlation improves diversification.
Coverage
17
Calculator pages in the new stack
Mode
Live
Client-side calculations, no mock values
How to use it
- 1. Enter realistic numbers from your own trade or portfolio data.
- 2. Review the result rows and compare different scenarios.
- 3. Re-run the calculator when price or fees change.
Practical notes
- • These tools are intentionally direct and do not use mock market data.
- • Use them as planning aids, not as a substitute for execution checks.
- • Round-trip fees, slippage, and taxes can materially change the result.
Frequently Asked Questions
What does +1 correlation mean? expand_more
The two assets tend to move in the same direction with nearly the same relative shape.
Why does correlation matter? expand_more
Assets with high correlation do not diversify each other very well.