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1. Given the following daily returns on Gold and Gold futures contracts compute Average return, Variance, Standard deviation and Correlation. Returns on Gold 1 0.015

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1. Given the following daily returns on Gold and Gold futures contracts compute Average return, Variance, Standard deviation and Correlation. Returns on Gold 1 0.015 2 0.04 3 -0.14 4 -0.01 5 -0.03 6 0.02 Returns on Gold Futures 0.2 0.06 -0.22 0.001 -0.05 0.03

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