Question: Serial correlation: Multiple Choice measures the relationship between the current return on a security with that of a second security involves multiple securities within the

 Serial correlation: Multiple Choice measures the relationship between the current return

Serial correlation: Multiple Choice measures the relationship between the current return on a security with that of a second security involves multiple securities within the same industry. indicates a tendency for continuation when the correlation is positive. O indicates a tendency toward reversal when the correlation coefficient is zero. supports weak form efficiency when the correlation coefficient is near zero

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