R Squared Value | Calculation & Definition | What is it?

R Squared Value

R Squared Value Calculation

A measure of the degree to which a hedge fund's returns are correlated to the broader financial market. A figure of 1 would be a perfect correlation, while 0 would be no correlation and minus-1 would be a perfect inverse correlation. Any figure below 0.3 is considered non-correlated. The result is used to determine whether a hedge fund follows a market-neutral investment strategy. Sometimes referred to as "R." Definition Source: Hedgeco

Related to R Squared Value:

Tags: R Squared Value, R Squared, R-Squared, What is r squared, calculate r squared, what does calculate mean, define r squared, r squared definition, r squared ratio calculation

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Hedge Fund Videos | 30+ Free Videos on Hedge Funds