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1 1 . Fidelity Select Transport Fund ( FSAIX ) is listed on the S&P 5 0 0 stock index. Below are 1 0 years
Fidelity Select Transport Fund FSAIX is listed on the S&P stock index. Below are years of returns on the FSAIX and the S&P index fund. Calculate the average return and standard deviation for both of these investments, and then calculate the correlation coefficient between them. Do you think this was particular good decade for FSAIX and for S&P Why or why not? What other lessons emerge from your calculations?
Year Return on FSAIX Return on S&P
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