not varying together
Having a covariance of zero
In probability theory and statistics, two real-valued random variables are said to be uncorrelated if their covariance is zero. A set of two or more random variables is called uncorrelated if each pair of them are uncorrelated. If two variables are uncorrelated, there is no linear relationship between them. Uncorrelated random variables have a Pearson correlation coefficient of zero, except in the trivial case when either variable has zero variance. In this case the correlation is undefined. In general, uncorrelatedness is not the same as orthogonality, except in the special case where either X or Y has an expected value of 0. In this case, the covariance is the expectation of the product, and X and Y are uncorrelated if and only if E = 0. If X and Y are independent, then they are uncorrelated. However, not all uncorrelated variables are independent. For example, if X is a continuous random variable uniformly distributed on [−1, 1] and Y = X², then X and Y are uncorrelated even though X determines Y and a particular value of Y can be produced by only one or two values of X.
The numerical value of uncorrelated in Chaldean Numerology is: 2
The numerical value of uncorrelated in Pythagorean Numerology is: 1
Sample Sentences & Example Usage
Most of the time developed markets have been happy to ignore and be totally uncorrelated to the China markets.
Having something that's less correlated with traditional asset classes can improve the risk-adjusted returns of the overall portfolio, but finding something that's genuinely uncorrelated in this environment, that's probably the biggest risk.
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"uncorrelated." Definitions.net. STANDS4 LLC, 2018. Web. 20 Feb. 2018. <https://www.definitions.net/definition/uncorrelated>.