Correlation Matrix

With the correlation matrix, you can compare the performance of individual instruments and even entire instrument lists in real-time (!) in any given timeframe. The correlation matrix can be filled with all the instruments you wish; you can even compare instruments from various asset classes with each other. The correlation coefficient is calculated in real-time, and extreme values are automatically highlighted in color.

The module also includes a chart in which the two symbols that you have selected in the matrix or the list are automatically loaded – the main symbol as a normal chart, the second instrument as a “second data series” as a line chart. In addition, the InstrumentCorrelation indicator is displayed, which shows the development of the correlation of these two values to each other over time.

Correlation Matrix