Portfolio Diversification using Correlation Matrix

4.6
stars
123 ratings
Offered By
Coursera Project Network
2,031 already enrolled
In this Guided Project, you will:

Know how correlation is applied in portfolio diversification

Create correlation matrix

Analyse asset’s correlation

Clock1 hour
IntermediateIntermediate
CloudNo download needed
VideoSplit-screen video
Comment DotsEnglish
LaptopDesktop only

By the end of the project, you will be able to apply correlation matrix in portfolio diversification. ATTENTION: To take this course, it is required that you are familiar basic financial risk management concepts. You can gain them by taking the guided project Compare Stock Returns with Google Sheets. Note: This course works best for learners who are based in the North America region. We're currently working on providing the same experience in other regions. This course's content is not intended to be investment advice and does not constitute an offer to perform any operations in the regulated or unregulated financial market

Skills you will develop

Financial Data AnalysisRisk ManagementStatistics

Learn step-by-step

In a video that plays in a split-screen with your work area, your instructor will walk you through these steps:

  1. Introduction to Diversification and Correlation

  2. Calculating returns

  3. Graphing returns

  4. Creating correlation matrix

  5. Analysing the correlation matrix

How Guided Projects work

Your workspace is a cloud desktop right in your browser, no download required

In a split-screen video, your instructor guides you step-by-step

Reviews

TOP REVIEWS FROM PORTFOLIO DIVERSIFICATION USING CORRELATION MATRIX

View all reviews

Frequently asked questions

Frequently Asked Questions

  • By purchasing a Guided Project, you'll get everything you need to complete the Guided Project including access to a cloud desktop workspace through your web browser that contains the files and software you need to get started, plus step-by-step video instruction from a subject matter expert.

  • Because your workspace contains a cloud desktop that is sized for a laptop or desktop computer, Guided Projects are not available on your mobile device.

  • Guided Project instructors are subject matter experts who have experience in the skill, tool or domain of their project and are passionate about sharing their knowledge to impact millions of learners around the world.

  • You can download and keep any of your created files from the Guided Project. To do so, you can use the “File Browser” feature while you are accessing your cloud desktop.

  • Guided Projects are not eligible for refunds. See our full refund policy.

  • Financial aid is not available for Guided Projects.

  • Auditing is not available for Guided Projects.

  • At the top of the page, you can press on the experience level for this Guided Project to view any knowledge prerequisites. For every level of Guided Project, your instructor will walk you through step-by-step.

  • Yes, everything you need to complete your Guided Project will be available in a cloud desktop that is available in your browser.

  • You'll learn by doing through completing tasks in a split-screen environment directly in your browser. On the left side of the screen, you'll complete the task in your workspace. On the right side of the screen, you'll watch an instructor walk you through the project, step-by-step.

More questions? Visit the Learner Help Center.