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Q. How to calculate correlation co-efficient?
The correlation co-efficient measures the nature and the extent of relationship between the stock market index return and the stock return in a particular period.
Coefficient of CorrelationThe square of the correlation co-efficient is the co-efficient of determination. It gives the percentage of variation in the stock's return explained by the variation in the market's return.
Do you provide help in college level Managerial Finance?
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