uncorrelated :

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uncorrelated


  • s  not varying together

  • They found a free lunch of sorts in the strategy of spreading money among uncorrelated asset classes, and seem surprised that following their advice eventually made the free lunch .
  • Part of the idea behind Citigroup was that by combining lots of lumpy but uncorrelated profit streams you'd get steady profits, but that hasn't worked out so well.
  • But they've been steady returns, mostly uncorrelated with the overall stock market, during a tumultuous time for the market.
Quotes

  • Noam Gottesman in New York Times
    We have known Man for many years and can be certain that our two businesses are highly complementary, both focused on delivering long-term performance but each with differing client bases and uncorrelated investment strategies,Mr. Gottesman...
  • Marc Andreessen in Webware/Cnet (blog)
    I have no idea what's really going to happen,Andreessen said when Battelle asked him about the "nuclear" comment. "There's this huge irony for our industry......we got blamed for a lot of the last crash. We are the most remote uncorrelated...
  • David Card in Inter Press Service (subscription)
    Based on data from the 2000 US census, Card concludes in a 2005 study that "relative wages of native dropouts are uncorrelated with the relative supply of less-educated workers", even when the latter has been swelled by Latin American...

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