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As Equis(Support guys and gals) are watching the List hope they can jump
in this accurate question and provide its users with the missing manual pages
on this subject as an Exploration.
As an Indicator by itselve it is possible. But to my knowledge, this is NOT possible
in an Exploration.
Though the manual(MS65-p.431) says that it is, I asume it meant this as in a
standard indicator using 2 price plots or using the indicator within a Composites
Chart(MS65-p.151).
A spinn-off workaround can be made by using Tip 5(Exploration Tips(MS65-p.364))
and then when finished exploring, in the report, to RANK(descending way down)
using the Sort button or to click on the horizontal bar right above results first listed sec.
Another work-around can be made by OLE linking the Correlation Indicator
form a chart to Excel. Very time and handling and safety procotions consuming though.
This will give you instant view and results of ALL of your securities, if required daily
updated as you go along in future/time as well.
A futher solution(but also quite time and handling consuming) is to "manualy"
COPY and PASTE Exploration results to Excel or when looking at a chart to
right click the Corr-Indicator and do a COPY and PASTE to Excel.
These will give you the results ONLY PER ONE single security, hate to think you have
to do this on 500 secs.
Regards,
Ton Maas
Ms-IRB@xxxxxxxxx
-----Oorspronkelijk bericht-----
Van: CMA <cma6@xxxxxxxxx>
Aan: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Datum: zondag 23 augustus 1998 0:47
Onderwerp: Correlation Coefficient
>I would like to calculate the correlation coefficient (vs. S&P 500)
>for a number of stocks in an Exploration.
>Is that possible in ver. 4.5 or 6.0?
> CMA
>
>
>
>
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