DEFINITION of 'CrossCorrelation'
A statistical measure timing the movements and proximity of alignment between two different information sets of a series of information.
INVESTOPEDIA EXPLAINS 'CrossCorrelation'
Cross correlation is generally used when measuring information between two different time series. The range of the data is 1 to 1 such that the closer the crosscorrelation value is to 1, the more closely the information sets are.
RELATED TERMS

Negative Correlation
A relationship between two variables in which one variable increases ... 
Positive Correlation
A relationship between two variables in which both variables ... 
Autocorrelation
A mathematical representation of the degree of similarity between ... 
Correlation
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Covariance
A measure of the degree to which returns on two risky assets ... 
Sharpe Ratio
A ratio developed by Nobel laureate William F. Sharpe to measure ...
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The parametric method, also known as the variancecovariance method, is a risk management technique for calculating the value ... Read Full Answer >> 
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An investor should have as much variance in an indexed fund as he is comfortable with. Variance is the measure of the spread ... Read Full Answer >> 
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