Most investors have probably never heard of the R-Squared Growth Rate. And even fewer know what it means. (Ten years ago, you could count me as one.

Ranging from 0 to 1, a higher r-squared value indicates a high degree of correlation between the investment and the benchmark.

The r-squared value of 0.0006 in Figure 1 shows that EPS growth over the past five years explains less than one tenth of one percent of the difference in price between stocks in the S&P 500.

For diversified equity funds, an R-squared value greater than 80 is generally acceptable and is taken to mean that the underlying beta value (which measures the fund's volatility against its ...

For diversified equity funds, an R-squared value greater than 80 is generally acceptable and is taken to mean that the underlying beta value (which measures the fund's volatility against its ...