A positive correlation—one where the correlation coefficient ... in relation to another fund or asset class. By adding a low, or negatively correlated mutual fund to an existing portfolio ...

They also have positive historical earnings and revenue ... but it can be mitigated by holding stocks with a low correlation coefficient to the SPY. For example, while the S&P 500 lost over ...

The closer the points are to the line of best fit the stronger the correlation is. This scattergraph shows a positive correlation. The line of best fit is drawn so that the points are evenly ...