R squared
Revision as of 21:11, 15 August 2011 by JohnJLothian (talk | contribs)
R squared is a measure of the diversification of the portfolio; in essence, it indicates the extent to which fluctuations are explained by market results. A portfolio that has R square equaling 1.0 indicates that 100% of the returns are market determined.[1]
References[edit]
- ↑ "Hedge fund terms”. Liberty Gateway.