R-squared values range from 0 to 1, indicating the fit and explanatory power of a regression model. Values below 0.3 suggest weak explanatory power; above 0.7 indicate strong relationships. In finance ...
Beta is an estimate of the marginal effect of a unit change on the return of a security. R-squared is an estimate of how well beta and alpha help to explain the return on a security. Most stock ...
R-squared is a statistical measure that shows how similar a mutual fund’s performance is to its benchmark, such as the NSE ...
R-squared – or the coefficient of determination – is a statistical measure that represents the percentage of a fund or security's movements that can be explained by movements in a benchmark index.