noncorrelation

noun

non·​cor·​re·​la·​tion ˌnän-ˌkȯr-ə-ˈlā-shən 

-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

Recent Examples on the Web

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