You found the regression results shown below. Use a 5% significance level. Which statement is correct?

SUMMARY OUTPUT Regression Statistics Multiple R 0.67109277 R Square 0.45036551 Adjusted R Square 0.4407228 Standard Error 0.04237973 Observations 59 Intercept S&P500 HPR Coefficients Standard Error t Stat P-value 0.00819101 0.005698167 1.43748183 0.156048439 1.11803825 0.16359637 6.834126262 6.00965E-09 The alpha is positive and significant. The R2 value suggests that this model explains the vast majority of the fluctuation in the underlying stock. O The beta is positive and significant