What Is a Good Pearson Correlation

Calculating a Pearson correlation coefficient requires the assumption that the relationship between the two variables is linear. The relationship between two variables is generally considered strong when their r value is larger than 0.7.

What is a good Pearson correlation value?

The values range between -1.0 and 1.0. A calculated number greater than 1.0 or less than -1.0 means that there was an error in the correlation measurement. A correlation of -1.0 shows a perfect negative correlation, while a correlation of 1.0 shows a perfect positive correlation.

Is 0.3 A strong correlation?

Values between 0 and 0.3 (0 and −0.3) indicate a weak positive (negative) linear relationship through a shaky linear rule. Values between 0.3 and 0.7 (0.3 and −0.7) indicate a moderate positive (negative) linear relationship through a fuzzy-firm linear rule.

David Miller

David Miller

Executive Financial & Market Analyst

David Miller brings 15 years of experience in global economics, personal finance strategy, and market dynamics. He specializes in turning complex economic trends into actionable insights for everyday readers.

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