Re:Hedge fund Melvin sustains 53% loss after Reddit onslaught
by dcolkitt on Monday February 01, 2021 @01:03AM
(#25986029)
To be fair, it probably is. Most equity hedge funds are probably closer to a 50% correlation, and should be benchmarked accordingly (i.e. half T-bills/half S&P). Investors would be able to see its historical monthly returns and regress them against the equity index.
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