PORTFOLIO R2


Meaning of PORTFOLIO R2 in English

Used in the context of general equities. Number between 0 and 1 that measures the strength of correlation of movement between the portfolio/ stock and the index . Indeed, the R2 is the square of the correlation. For hedging purposes, the higher the R2 the better.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.