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A correlation coefficient of .118 would indicate that an 11.8% return would be earned with the investment the returns are virtually uncorrelated the risk of
A correlation coefficient of .118 would indicate that
an 11.8% return would be earned with the investment | ||
the returns are virtually uncorrelated | ||
the risk of the investment portfolio is almost zero | ||
the returns are strongly (almost perfectly) positively correlated |
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