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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (71203)6/20/2005 7:46:25 PM
From: Moominoid  Read Replies (1) | Respond to of 94695
 
Beta is the regression coefficient (if both variables are in logs). A beta of zero also means a correlation of zero. But otherwise the relation isn't one to one.

I've got to zero by being long and short i.e. hedged.