A statistical measure of the degree to which two variables (e.g., securities' returns) move together.

Related MCQs

• Stock returns are generally expected to be independent across weekdays, but a number of studies have found returns on Monday to be lower than in the rest of the week. This departure from market efficiency is also sometimes called the _____ effect.
• The variability in a security’s returns resulting from fluctuations in the aggregate market is known as;
• A portfolio that provides highest returns at a given level of risk.
• If the market is _______, the period after a favorable (unfavorable) event would not generate returns beyond (less than) what is suggested by an equilibrium model such as CAPM
• Which of the following goals will be considered by the individuals who invest in upcoming companies and wait till the companies to grow and then harvest their profits and move on to other company?
• This is a document which either creates a debt or acknowledges it. These are short-term securities issued by the RBI on behalf of the Government of India.
• Which of the following securities is most liquid?
• Which of the following securities have potentially the highest risk level, and also have the highest potential return?
• ___ is the market which helps existing investors to sell their securities.
• ___ is the institution which provides a platform for trading of existing securities having longterm maturity.