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 ... 
Covariance
A measure of the degree to which returns on two risky assets ... 
Correlation
In the world of finance, a statistical measure of how two securities ... 
Endowment Effect
The endowment effect describes a circumstance in which an individual ...
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