serial correlation

Definition

The correlation of a variable with itself over successive time intervals. Technical analysts use serial correlation to determine how well the past price of a security predicts the future price. also called autocorrelation.

Use serial correlation in a sentence

You need to try and figure out how a good serial correlation can bring new ideas to the people in your companby.

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The serial correlation was to be determined by my assistant who was an expert at working with variables and he did a great job.

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They reviewed the serial correlation to see if the past price performance was going to be indicative of the future performance of the stock.

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