Technology

A statistical measure of how closely a market, economic indicator, or data series resembles its own past values over time. When returns or prices are autocorrelated, yesterday's movement predicts today's with more than random chance. Central banks and sovereign wealth funds increasingly scrutinize autocorrelation in inflation data and currency moves to distinguish genuine trends from noise, particularly relevant as Gulf and CIS economies navigate commodity-price cycles.

“Analysts warned that the positive autocorrelation in Turkish inflation readings meant a single good month was unlikely to signal a durable turning point.”