Question: The SDS ETF is designed to produce returns twice the negative of the returns of the S&P 500 Index. Obtain the weekly closes of SDS
The SDS ETF is designed to produce returns twice the negative of the returns of the S\&P 500 Index. Obtain the weekly closes of SDS and of the S\&P 500 Index and compute the weekly returns for each. Note that for short ETFs, we focus on the returns, not on the prices. Plot the returns. Fit a simple linear regression model regressing the SDS weekly returns on the S\&P 500 Index weekly returns. Interpret your results.
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