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FYI, with charts like this it's kind of important to do some quantitative work, not just take a look. Check out this taxonomy of charts: http://blogs.cfainstit
by wcgortel 13y ago
FYI, with charts like this it's kind of important to do some quantitative work, not just take a look. Check out this taxonomy of charts:
http://blogs.cfainstitute.org/investor/2013/05/15/an-r-squared-chart-taxonomy-seeing-is-not-believing/ http://blogs.cfainstitute.org/investor/2013/05/15/an-r-squar...
- samolang 13y agoApparently as of a couple weeks ago the R-squared value was ~90%. http://www.marketwatch.com/story/ghost-of-1929-haunts-as-1997-style-crisis-hits-2014-01-29 http://www.marketwatch.com/story/ghost-of-1929-haunts-as-199...
- GFK_of_xmaspast 13y agoI 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.