Investors understand intuitively that some stocks are riskier than others. The capital asset pricing model attempts to quantify the common perception of risk using a term called beta. By understanding ...

Canonical correlation has been little used and little understood, even by otherwise sophisticated analysts. An alternative approach to canonical correlation, based on a general linear multivariate ...

Using a hypothetical data set, the authors provide concrete examples to illustrate that canonical correlation analysis is a general linear model, subsuming other parametric procedures as special cases ...