Correlation with Treasury Bonds The Most Significant Factor Driving Stocks Last Week

February 24, 2014

By Knowledge Leaders Team in Uncategorized

Individual stocks’ correlation with treasury bonds was the most significant factor driving stock price changes last week, with an r-squared of .88. Stocks’ correlation with the yen also continued to be a significant driver of returns over the last week.

Over the last month, however, the fundamental factors have dominated.

Tags > Factor Score

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