cov(x,y)/var(x) x - currency. y - asset. if you look at the formula it will look very familiar. YES! it is a Beta, the Beta of currency return vs asset return
good review
thanks CSK.
cov(x,y)/var(x) x - currency. y - asset. if you look at the formula it will look very familiar. YES! it is a Beta, the Beta of currency return vs asset return
good review
thanks CSK.