R-squared is a statistic used by investors to measure the correlation between the movement of a security and the movement of a benchmark index. It is also known as the coefficient of determination. The r-squared statistic is calculated by dividing the sum of the squares of the differences between the security’s returns and the benchmark’s […]
What Are Many Stocks
A stock is a type of security that represents ownership in a corporation. When you buy a stock, you become a shareholder in the company, and you may be entitled to dividends and voting rights. There are many different types of stocks, and they can be divided into two categories: common stocks and preferred stocks. […]
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