Question: Please evaluate the correlation matrix below, assuming stock price is the response variable. If you are using this as a diagnostic tool, what are you

Please evaluate the correlation matrix below, assuming stock price is the response variable. If you are using this as a diagnostic tool, what are you looking for? If this was your data, how would you proceed?

Stock Price

Competitiveness

Innovativeness

Firm Size

Firm Age

Stock Price

1.0

Competitiveness

.73

1.0

Innovativeness

.49

.81

1.0

Firm Size

.17

.12

.03

1.0

Firm Age

.26

-.31

-.49

.62

1.0

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