Positive & Negative Correlations in NEPSE and other asset classes

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Has anyone done enough substantial and statistically significant results in this sub to discover patterns of negative correlations of other assets or variables in respect to NEPSE?

I know a-lot of people say that NEPSE is inversely correlated to bank rates, but i found a couple of research papers which doesn’t seem to agree.

Would love to hear what maths enthusiasts here have to say.


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