John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia. Michael Adams is a former Cryptocurrency and ...
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What is R-squared in a mutual fund factsheet? How is it related to the mutual fund’s performance?
Let's understand what is R-Squared in a mutual fund factsheet. 1. R-squared is a statistical measure that indicates how closely a mutual fund’s performance correlates with a benchmark index. 2. The ...
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