Uncorrelated in a sentence

Instead, it is looking for potential returns that are uncorrelated with the market, and it has a strong bias toward harvesting income—cash today rather than the potential for more cash tomorrow.

Sometimes people perform principal component analysis to convert correlated variables into a set of linearly uncorrelated variables.

Out of this group, bridges were built in six villages based on the feasibility criteria comprising the characteristics of the riverbed—a feature uncorrelated with any relevant characteristics.

Overall, we continue to see elevated global risks - we have been positioning our strategies to be uncorrelated to overvalued asset classes that appear vulnerable to elevated tail risks.

Following the market crash in 2008, investors were eager for alternative investments that would either hedge the stock market or offer an uncorrelated return stream with high expected returns.

Moreover, because this strategy is uncorrelated with traditional asset classes, it may also provide additional diversification benefits.

This is an ironic anomaly given that alternative investments such as private equity or commodities are one of the oldest forms of investment and are often uncorrelated to the movements of traditional assets such as stocks or bonds.

From analyzing the law we see that it has unclear regulations, legal parallelisms and dispositions both uncorrelated between them, and with other legal dispositions,” the Romanian chief of state claims in his challenge.

And incoherent states can be modeled stochastically as a weighted combination of such uncorrelated waves with some distribution of frequencies (its spectrum ), phases, and polarizations.

A necessary (but, in general, not sufficient ) condition for statistical independence of two variables is that they be statistically uncorrelated ; that is, their covariance is zero.

But it is not true that two random variables that are (separately, marginally) normally distributed and uncorrelated are independent.

Different Fourier components are uncorrelated.

Even a binary signal which can only take on the values 1 or -1 will be white if the sequence is statistically uncorrelated.

Exclusion of birthplace, together with the assumption that is uncorrelated with education produces a misspecified model.

Hedge funds ideally produce returns relatively uncorrelated with market indices. citation While " hedging " can be a way of reducing the risk of an investment, hedge funds, like all other investment types, are not immune to risk.

However, a pair of jointly normally distributed variables need not be independent (would only be so if uncorrelated, ).

If x is rotated by 45 degrees, its two components will still be uncorrelated, but their distribution will no longer be normal.

In linear regression analysis the corresponding formula is : This can also be derived from the additivity of variances, since the total (observed) score is the sum of the predicted score and the error score, where the latter two are uncorrelated.

In other words, a state is separable if it is a probability distribution over uncorrelated states, or product states.

Often the weaker condition "statistically uncorrelated" is used in the definition of white noise, instead of "statistically independent".