Relevance

30 Pages Posted: 17 Mar 2021

See all articles by Megan Czasonis

Megan Czasonis

State Street Corporate

Mark Kritzman

Windham Capital Management

David Turkington

State Street Associates

Date Written: March 10, 2021

Abstract

The authors describe a new statistical concept called relevance from a conceptual and mathematical perspective, and based on their mathematical framework, they present a unified theory of relevance, regressions, and event studies. They also include numerical examples of how relevance is used to forecast.

Keywords: Informativeness, Mahalanobis Distance, Partial Sample Regression, Relevance, Similarity

JEL Classification: C10, C22, C24, C34

Suggested Citation

Czasonis, Megan and Kritzman, Mark and Turkington, David, Relevance (March 10, 2021). MIT Sloan Research Paper No. 6417-21, Available at SSRN: https://ssrn.com/abstract=3803440 or http://dx.doi.org/10.2139/ssrn.3803440

Megan Czasonis

State Street Corporate ( email )

1 Lincoln Street
Boston, MA 02111
United States

Mark Kritzman (Contact Author)

Windham Capital Management ( email )

800 Boylston Street
30th Floor
Boston, MA 02199
United States
6174193900 (Phone)
6172365034 (Fax)

David Turkington

State Street Associates ( email )

United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
178
Abstract Views
519
rank
209,966
PlumX Metrics