25. The beta of Xolta stock has been estimated as 1.2 using regression analysis on a sample of historical returns. A commonly used adjustment technique would provide an adjusted beta of 26. Fancy Holdings Co Ltd. has calculated the Variance-Covariance Table (Matrix) for 3 assets in their Value portfolio: Page 5 of 10 1802/125.340 AKLI VerB x Y z X 9 2 5 Y 2 16 3.5 Z 5 ? 25 If the portfolio weight for X is 20%, and for Y is 40%, what is the expected portfolio variance