Coefficient of Determination R Squared

R Squared (r²) is more correctly termed “The Coefficient of Determination” and is simply the square of the correlation. It is one of the components derived from regression analysis between a security and an index. You can read more about regression analysis here.


This is a companion discussion topic for the original entry at https://www.optuma.com/kb/optuma/tools/statistical/coefficient-of-determination-r-squared