Solved

Which of the Following Statements About the Correlation Coefficient of the Returns

Question 2

Multiple Choice

Which of the following statements about the correlation coefficient of the returns for two securities is not true?


A) It is a statistical measure.
B) It measures the relationship between the two securities' returns.
C) It determines the cause of the relationship between the two securities' returns.
D) Its value falls between -1 and +1.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents