Stock Correlation Matrix Calculator

Use the Stock Correlation Matrix Calculator to compute the correlation coefficients using monthly closing prices for up to five stocks, exchange-traded funds (ETFs) and mutual funds listed on a major U.S. stock exchange and supported by Alpha Vantage. Some stocks traded on non-U.S. exchanges are also supported. Indexes are not supported.

Simply enter any five stock symbols and select the price series and date information. Then click on the Calculate Correlation button and the correlation coefficient will be displayed on a new page.

The value of a correlation coefficient is between -1 and 1, where 0 represents no correlation between the two symbols, 1 represents perfect positive correlation (prices for both symbols move in the same direction) and -1 represents a perfect negative correlation (prices for both symbols move in opposite directions).

Stock Correlation Matrix Calculator
Stock 1 Symbol:
Stock 2 Symbol:
Stock 3 Symbol:
Stock 4 Symbol:
Stock 5 Symbol:
Start Month:
Start Year:
End Month:
End Year:

All monthly closing prices are adjusted for splits and dividends.

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