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Glossary > R > "R-Squared" Definition

R-Squared

In the context of mutual funds, a statistical measure that represents the percentage of a fund"s movements that are explained by movements in a benchmark index. For fixed-income funds the benchmark is the T-bill, and for equity funds the benchmark is the S&P 500.

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R-Squared \ In the context of mutual funds, a statistical measure that represents the percentage of a fund"s movements that are explained by movements in a benchmark index. For fixed-income funds the benchmark is the T-bill, and for equity funds the benchmark is the S&P 500.

R-Squared / in the context of mutual funds, a statistical measure that represents the percentage of a fund"s movements that are explained by movements in a benchmark index. for fixed-income funds the benchmark is the t-bill, and for equity funds the benchmark is the s&p 500.