Calculating correlation can be time-consuming but software like Excel makes it much easier. You can use several methods to calculate correlation in Excel.

Correlation analysis between asset classes can also be done effectively. By leveraging Excel’s capabilities, investors can make informed decisions, manage risk, and optimize returns.

The article How to Calculate the Regression of 2 Stocks Using Excel originally appeared on Fool.com. Try any of our Foolish newsletter services free for 30 days .

Learn how to calculate the net present value (NPV) of your investment projects using Excel's XNPV function.