Question
Assume gold is perfectly negatively correlated with the market. What would be the R-square from a regression that regresses returns of a Gold ETF on
Assume gold is perfectly negatively correlated with the market. What would be the R-square from a regression that regresses returns of a Gold ETF on market returns? Assume the expected return of gold is 1% and the expected return on the market is 10%.
-100%
100%
10%
0%
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National Finance A Chinese Perspective
Authors: Yunxian Chen, Heming Yong
1st Edition
9813360917, 978-9813360914
