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Linear Correlation Coefficient W/ MAs and Significance Tests

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This Linear CC takes into account the log-normal distribution of stock prices and performs Pearson correlation on that data set. It also smoothens the results into an easy to read oscillator, and performs a two-tail t-test on the correlation coefficient data (with a = 0.05) to determine the significance of the coefficients. Significant results are shown in a solid yellow color while insignificant results are shown in a dark yellow color (you can eyeball this with a normal LCC by looking at results around -0.5 to +0.5).

Two MAs are provided as well for a quick trend analysis. You can reduce the lookback period, but it defaults to 31 for the sake of statistical standards.

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