[問題] May I ask how to annualize correlation coefficient?

看板CFAiafeFSA (精算師/基金經理人/銀行家)作者 (心如止水 )時間15年前 (2010/02/15 11:09), 編輯推噓1(103)
留言4則, 2人參與, 最新討論串1/1
I only have monthly index data and wanna calculate annualized correlation coefficient. Can I simply annualize the monthly return and calculate it according to the annualized data? Thank you very much in advance for your kind help! -- ※ 發信站: 批踢踢實業坊(ptt.cc) ◆ From: 128.42.157.41

02/15 19:46, , 1F
I guess your question is to annualize sigma
02/15 19:46, 1F

02/15 19:48, , 2F
just multiply sigma by 12^0.5
02/15 19:48, 2F

02/17 18:02, , 3F
yes, that's the way to calculate it but might
02/17 18:02, 3F

02/17 18:03, , 4F
under/overstate the correlation.
02/17 18:03, 4F
文章代碼(AID): #1BUBi46P (CFAiafeFSA)
文章代碼(AID): #1BUBi46P (CFAiafeFSA)