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samolang
4517 days ago
Apparently as of a couple weeks ago the R-squared value was ~90%.
http://www.marketwatch.com/story/ghost-of-1929-haunts-as-199...
1 comments
GFK_of_xmaspast
4517 days ago
I would want to see what happens to r2 when you drag the 1929 data across the last 80 years of the DJIA or whatever other index you want before I get excited about a 0.9 result.
link