Ab initio and DFT calculations on the structure and properties of over 98 m
olecules are reported. Properties calculated for the molecules are assessed
for their ability to correlate and predict experimentally derived values o
f the polarity/polarizability parameter, pi. Using multivariate linear regr
ession and partial least squares methods, four properties stand out as pred
ictors of pi: the molecular dipole moment, the polarizability, the CHelpG a
tomic charges and the frontier molecular orbital energies. These properties
correlate pi to close to the standard deviation in a previously published
fragmental approach. The partial least squares method is shown to result in
significantly better predictions for an external validation set.