F E D B A 0.0635 6 TGT (Target) 7 VZ (Verizon) 8 T (AT&T) 9 F (Ford) 10 GM (General Motors) 0.1925 0.1481 0.1358 0.2546 0.2973 0.5265 0.2375 0.2981 1.3258 0.0286 0.0360 0.1599 0.2004 0.1833 0.1466 0.1321 0.1999 0.2215 0.3298 0.1934 0.2648 0.6280 0.6739 1.6613 11 F GM TGT VZ 1 1 -0.071 -0.007 0.077 0.175 0.624 -0.230 1 -0.200 1 12 13 Panel B: Correlation of Residuals 14 WMT 15 WMT (Walmart) 1 16 TGT (Target) 0.405 17 VZ (Verizon) 0.089 18 T (AT&T) 0.193 19 F (Ford) 20 GM (General Motors) 0.036 21 22 23 Panel C: The Index Model Covariance Matrix 24 25 26 Market Index 1.0000 TGT Walmart Verizon 0.095 -0.320 -0.309 0.699 T Beta Market Index WMT TGT 1.0000 0.2095 0.5265 0.0145 0.0030 0.0077 GM Stock return info Index model optimization VZ 0.2375 0.0035 + 0.2981 0.0043 ATT a Type here to search F E D B A 0.0635 6 TGT (Target) 7 VZ (Verizon) 8 T (AT&T) 9 F (Ford) 10 GM (General Motors) 0.1925 0.1481 0.1358 0.2546 0.2973 0.5265 0.2375 0.2981 1.3258 0.0286 0.0360 0.1599 0.2004 0.1833 0.1466 0.1321 0.1999 0.2215 0.3298 0.1934 0.2648 0.6280 0.6739 1.6613 11 F GM TGT VZ 1 1 -0.071 -0.007 0.077 0.175 0.624 -0.230 1 -0.200 1 12 13 Panel B: Correlation of Residuals 14 WMT 15 WMT (Walmart) 1 16 TGT (Target) 0.405 17 VZ (Verizon) 0.089 18 T (AT&T) 0.193 19 F (Ford) 20 GM (General Motors) 0.036 21 22 23 Panel C: The Index Model Covariance Matrix 24 25 26 Market Index 1.0000 TGT Walmart Verizon 0.095 -0.320 -0.309 0.699 T Beta Market Index WMT TGT 1.0000 0.2095 0.5265 0.0145 0.0030 0.0077 GM Stock return info Index model optimization VZ 0.2375 0.0035 + 0.2981 0.0043 ATT a Type here to search