Is Jim Cramer Right? Is Apple Really a Market Barometer? [View article]
Couldn't you just look at beta to make the determination of correlation to the market's returns? Isn't that what beta is? Beta for AAPL is 1.93 so on average AAPL moves 1.93x whatever the market moves.
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Couldn't you just look at beta to make the determination of correlation to the market's returns? Isn't that what beta is? Beta for AAPL is 1.93 so on average AAPL moves 1.93x whatever the market moves.
Nov 09 22:04 pm
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