If we were to graph the returns of a stock against the returns of the S& P

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If we were to graph the returns of a stock against the returns of the S& P 500 Index, and the points did not follow a very ordered pattern, what could we say about that stock? If the stock’s returns tracked the S& P 500 returns very closely, then what could we say?
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Foundations of Finance The Logic and Practice of Financial Management

ISBN: 978-0132994873

8th edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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