Which of these stocks are highly correlated, highly negatively correlated, or ha

Question

Which of these stocks are highly correlated, highly negatively correlated, or have little to no correlation?

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Which of these stocks are highly correlated, highly negatively correlated, or have little to no correlation?

month AMZN AAPL F THST VCO STZ COW LSTK month 1 AMZN 0.887531 1 AAPL 0.947441 0.93789 1 F -0.08539 -0.35316 -0.21258 1 THST 0.785544 0.722585 0.832062 0.03745 1 VCO -0.33023 -0.32999 -0.42896 0.348754 -0.11335 1 STZ 0.844621 0.875757 0.813295 -0.23742 0.48146 -0.38187 1 COW 0.680402 0.706302 0.693151 -0.20875 0.745246 -0.06857 0.484256 1 LSTK 0.792336 0.789641 0.782112 -0.14722 0.787111 -0.14368 0.654001 0.958773

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Explanation / Answer

High +ve correlation is correlation coefficinet of more than 0.6

High correlation is correlation coefficinet of less than -0.6

Little to No correlation is correlation coefficinet of less than absolute (0.4)

Hence, AAPl& AMZN, THST&AMZN, THST&AAPL,STZ&AMZN,STZ&AAPL,COW&AMZN,COW&THST,LSTK&AMZN,LSTK&AAPL,LSTK&THST,LSTK&COW are highly correlated

No stock is highly negatively correlated

Hence F&AMZN,A&AAPL,TSHT&F,VCO&AMZN,VCO&F,VCo&THST,STZ&F,STZ&VCO,COW&F,COW&VCO,LSTK&F,LSTK&VCO are little or no correlated

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