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If the correlation between two stocks is 1, the returns: generally move in the same direction. move perfectly opposite one another. are unrelated to one
If the correlation between two stocks is 1, the returns:
generally move in the same direction. | ||
move perfectly opposite one another. | ||
are unrelated to one another as it is < 0. | ||
have standard deviations of equal size but opposite signs. | ||
None of the above. |
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