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GDX Multiple Regression — Gold + S&P Equal Weight
Weekly returns | 5Y | 262 obs | Updated 2026-03-26
GDX = -0.247 + 1.706 × Gold + 0.558 × RSP + ε
β Gold
1.706
β RSP
0.558
α (ann)
-12.8%
R²
0.740
Residuals
Weekly
Cumulative
Rolling 12wk
12-Week Return Decomposition
Source: Yahoo Finance | Marshall 🔶