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Justin Thomas ran a regression of Tesla monthly excess stock returns (in %) on the market excess returns (also in %). Part of the single-factor
Justin Thomas ran a regression of Tesla monthly excess stock returns (in %) on the market excess returns (also in %). Part of the single-factor regression output is shown below.
Regression Statistics | |
Multiple R | 0.294544 |
R Square | 0.086756 |
Adjusted R Square | 0.07371 |
Standard Error | 15.28772 |
Observations | 72 |
How much of the variation in Tesla monthly excess returns is explained by the variation in the market excess returns?
0.294544 | ||
0.086756 | ||
0.07371 | ||
72 |
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