Over the last month, however, the fundamental factors have dominated.
Monday, February 24, 2014
Correlation with Treasury Bonds The Most Significant Factor Driving Stocks Last Week
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.
Over the last month, however, the fundamental factors have dominated.