Stocks calculator
Stock Correlation Calculator
Use this free Stock Correlation Calculator to work out correlation from covariance, volatility A, and volatility B, with instant result cards and the exact formula shown below.
Results
Calculation summary
FormulaView calculation method
Correlation
Covariance / (Volatility A x Volatility B)GuideHow to use this calculator
Step 1
Enter the stock market values from your broker, fund statement, exchange, or research source.Step 2
Click Calculate result to update the output cards, then review the formula section for how the result is derived.Tip
For more planning tools, return to the related calculator links or the main calculator category page.Continue from here
What this calculator helps with
The Stock Correlation Calculator estimates correlation from covariance, volatility A, and volatility B. It is a focused stock calculator you can use free with no signup, repeating the calculation with your own numbers whenever your inputs change.
How to read the results
After you press Calculate result, the summary cards show correlation, covariance, volatility A, and volatility B. Read correlation as the headline figure and use the supporting values for context, then change one input at a time to see how sensitive the result is.
Before relying on the numbers
This stock calculator applies the formula Covariance / (Volatility A x Volatility B). Enter covariance, volatility A, and volatility B using consistent units and the same currency, include any applicable fees or taxes, and confirm important decisions against your broker, fund statement, exchange data, or a qualified professional.
FAQ
Frequently asked questions
What is the Stock Correlation Calculator used for?
The Stock Correlation Calculator is a free stocks calculator that works out correlation from covariance, volatility a, and volatility b. Enter your own figures to get an instant result with the formula shown on the page.
What formula does the Stock Correlation Calculator use?
It calculates Correlation = Covariance / (Volatility A x Volatility B). The tool reports correlation, covariance, volatility a, and volatility b.
Where do I get the numbers for the Stock Correlation Calculator?
Take covariance, volatility a, and volatility b from your broker statement or exchange. The Stock Correlation Calculator never fetches live market data, so the output depends only on the values you type in.
Are the Stock Correlation Calculator results financial advice?
No. The Stock Correlation Calculator is an educational tool. Treat correlation as an estimate, re-check your inputs, and confirm important investment decisions with a qualified professional.
Can I use the Stock Correlation Calculator with any currency or market?
Yes. Keep covariance, volatility a, and volatility b in the same currency and consistent units, and the Stock Correlation Calculator applies the same calculation to any market.