Question
Assume the following information concerning a two-stock portfolio: Stock X Stock Y Percent of Portfolio 47% Please calculate it Average annual return 8% 4% Standard
Assume the following information concerning a two-stock portfolio:
| Stock X | Stock Y | |
| Percent of Portfolio | 47% | Please calculate it |
| Average annual return | 8% | 4% |
| Standard deviation of returns | 11.50% | 10.57% |
Covariance of returns 1.82
Calculate the correlation coefficient of Stocks X and Stock Y .
Round the answers to four decimal places.
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The Oxford Handbook Of Quantitative Asset Management
Authors: Bernd Scherer, Kenneth Winston
1st Edition
0199553432, 978-0199553433
