You hear on the news that the S&P/TSX Composite Index was down 2% today (the markets return

Question:

You hear on the news that the S&P/TSX Composite Index was down 2% today (the market’s return was 22%). You are thinking about your portfolio and your investments in BlackBerry and WestJet.

a. If BlackBerry’s beta is 1.5, what is your best guess as to BlackBerry’s return today?

b. If WestJet’s beta is 0.5, what is your best guess as to WestJet’s return today?

Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...

Fantastic news! We've Found the answer you've been seeking!