Hi all
Im in the process of looking into a couple of different trading strategies in commodities. I am keen to trade a basket of commodties simultaneously but i am mindful of not chosing a group that are strongly correlated (say 80%+), be it positively or inversely.
My question to AB users is as follows - is there a function in AB that allows me to gauge such information?
Or is it merely a case of eyeballing several charts and overlaying them on each other?
ieal scenario would be to trade say 8 - 10 markets, all mostly uncorrelated
could be:
5 commodities;
3 FX;
2 indicies.
Cheers
Joe