The improvements on Slope don’t stop, even on weekends!
After we introduced the Correlations page, only a couple of days ago, a Sloper wrote me and asked if we could add a dropdown so you could choose the amount of time for the correlations calculation. Done!
You can instantly see what a big difference this makes. Here, for instance, is the correlation between the S&P and bonds over the past decade:
Change it to 3 months, and you get a very different picture:
One would assume that the major U.S. equity ETFs would have correlations very close to 1, but this isn’t the case at all over the past half-year:
Here’s a beefier example with my ETF watch list:
I appreciate the flow of suggestions and ideas. That all help to make the site better.