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Szilassy writes:
> But inverse correlation means the opposite in downtrending markets - with a
> 1% drop in the broader market, one would expect a beta of -2 to result in a
> 2% increase in the price of the given stock. Basically, such a stock is
> twice as volatile as the broader market, in the exact opposite
> direction.
*THAT'S* what I'm looking for. I thought beta was always positive. No?
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I finally got it all together--but then I forgot where I put it
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