Question
A correlation coefficient of -0.7 indicates that the returns from two securities Select one: a. tend to move in opposite directions. b. tend to move
A correlation coefficient of -0.7 indicates that the returns from two securities
Select one:
a. tend to move in opposite directions.
b. tend to move in the same direction.
c. are perfect mirror images of each other.
d. move independently of each other.
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An Introduction To Financial Markets A Quantitative Approach
Authors: Paolo Brandimarte
1st Edition
1118014774, 9781118014776
