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Commodities

Gold Price (USD) Correlation Histogram

by DATAUNION 2016. 4. 1.
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X axis : Gold Price (USD) Correlation Coefficient

Y axis : Number of stocks

Dec-2013

1,000 Day Parameter

Gold Price (USD) vs KOSPI, KOSDAQ



Analysis

This mode of correlation coefficient is 0.1.

In other words, the correlation coefficient of the other stocks is the many levels 0.1.

Kurtosis of the distribution of the correlation is -1.06, and skew is 0.07.

The stock are to be concentrated in the correlation coefficient -0.6~0.5 and The low correlation holds many stocks.

A correlation distribution belongs to Zero type. (Reference)


Friday the 19th The Korea Exchange is the name of the spot market 'KRX gold market' applications to establish brand announced today. Similar names to use Exchange for companies to differentiate KRX Korea Exchange to use the English name in place of the spot market and the gold market as a means to increased familiarity with the word. The distributors of real use to prevent similar cross-office Treatment Services, financial information providers and other precious metal products processing industry sectors were included in the target application.





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