Asset correlation in two modes — measure how your whole basket holds together, or test whether a single candidate actually adds something new.
Daily log-returns from Yahoo Finance, Pearson correlation, dates intersected across all tickers. Correlation is a backward-looking statistic — it does not capture tail co-movement during crises.
Basket Matrix — all vs all
Enter 2–10 tickers. We pull daily log-returns from Yahoo Finance and compute Pearson correlation for every pair, plus the basket-wide average.
Presets:
Portfolio tools · Pro
The correlation matrix and basket-fit analysis are part of FollowTheFinance Pro.