The Business Times
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Understanding the table

Published Sun, May 31, 2015 · 09:50 PM

    THE table at left shows how various investment indices are correlated with each other.

    A high correlation (closer to 1) means that when one asset class appreciates, the other will also move up in tandem, and vice versa.

    A low correlation, but still higher than zero, implies that when one asset goes up, the other might go up but not as much.

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