8.3.2 Correlation matrix We can examine all the pairwise correlation coefficients in the concrete data by running the cor function on the Con tibble. The only complication is that AirEntrain is not ...

In other words, the values cannot exceed 1.0 or be less than -1.0. A correlation of -1.0 indicates a perfect negative correlation, and a correlation of 1.0 indicates a perfect positive correlation.

Both bitcoin and NVDA bottomed out in late 2022 and have since exhibited a strong positive correlation. As of writing, the correlation between 90-day prices on bitcoin and NVDA was 0.73.