Forum Discussion

calof1's avatar
calof1
Iron Contributor
Apr 26, 2020

Help to find relationship between two Data sets

Hi All.

 

I have two lines of data, being the price, and account movement for each day. I wish to find the relationship between price and volume of units traded. I wish to identify for which customers this is a stronger relationship for.

 

I have data for 6 weeks with unit movement and price. Does anyone know how i a can find/examine the relationship between these two variables? I have seen excel, has a data analysis pack but unsure to how use for this scenario.

 

Any help would be greatly appreciated.

 

Many thanks,

1 Reply

  • ice12020's avatar
    ice12020
    Copper Contributor

    calof1 

    Hey !

    You might want to re-evaluate your problem definition (Is it worthwhile?)

    There are 4 variables a) Price b) Units. c) Dates & d) Holder Id

    Anyone outlier can vitiate any semblance of  a relationship that you might develop

    example

    a)heavy movements for days wen there is no price movement refer cell P694 in Sheet1 Pivot

    b) one Holder Id (say a Day Trader) might vitiate any results refer Sheet3 Holder Id 

    S00097021912

     movements for all days

     

    I suggest you redefine your problem definition

    Hope it makes sense or else you can disregard completely

    Cheers

     

Resources