See how closely any two Ghana Stock Exchange names move together over the last ~60 trading days. Values near +1 move in lockstep, near −1 move opposite, near 0 are uncorrelated.
MTNGHGCBEGHFMLGOIL
MTNGH
GCB
EGH
FML
GOIL
MTNGH
1.00
-0.13
-0.24
-0.03
-0.08
GCB
-0.13
1.00
-0.06
-0.08
-0.02
EGH
-0.24
-0.06
1.00
0.01
-0.16
FML
-0.03
-0.08
0.01
1.00
-0.04
GOIL
-0.08
-0.02
-0.16
-0.04
1.00
60-day rolling correlation of daily returns. Low or negative correlations mean diversification benefit. Not a recommendation.