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Michael Bommarito » Comments » ETB
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Best ETF and CEF Absolute Lagged Correlation To the S&P 500 [View article]
Lagged correlation here is the correlation between two time series with one shifted so that its dates are lagged by a certain number of periods. For instance, the 1-day lag correlation would be the correlation between DND on day N and the S&P on day N+1.