A principal component analysis of a correlation matrix treats all variables as equally important ... multiple correlation of each variable with the other variables. For uncorrelated factors, the ...

The lower half of the scatter plot matrix for the six variables ... collapses diagonally as the correlation between two variables approaches 1 or -1. The confidence ellipse is more circular when two ...

A diversified portfolio is one that consists of uncorrelated assets ... It shows the changing correlation between the S&P 500 and six other asset classes since 1965. There are a few interesting ...