For most stocks,the correlation coefficient with other stocks is ________.
A)positive
B)negative
C)zero
D)The distribution of correlation coefficients between stocks is uniform from -1.0 to +1.0.

Question

Quizplus · Accepted Answer

Most stocks tend to move in the same general direction because they are influenced by the overall market and economic conditions, leading to a positive correlation coefficient between them.

For Most Stocks,the Correlation Coefficient with Other Stocks Is ________