noncorrelation

noun

non·​cor·​re·​la·​tion ˌnän-ˌkȯr-ə-ˈlā-shən How to pronounce noncorrelation (audio)
-ˌkär-
: lack of correlation
Noncorrelation between two samples does not give any indication as to the relationship between them.Werner R. Gocht et al.
"The case that has really resonated with the largest private wealth firms is the strategic long-term case," said Jim Ross, senior managing director at State Street Global Advisors. "Gold is not always going to go up, but the focus of advisers has been the noncorrelation of the price of gold" to other assets in a portfolio.Paul Sullivan

Examples of noncorrelation in a Sentence

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The key ingredient to this recipe working is noncorrelation between the investments. Michael Taylor, ExpressNews.com, 30 Sep. 2020

Word History

First Known Use

1868, in the meaning defined above

Time Traveler
The first known use of noncorrelation was in 1868

Dictionary Entries Near noncorrelation

Cite this Entry

“Noncorrelation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/noncorrelation. Accessed 21 Nov. 2024.

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