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Below are the returns for the past eleven years for common stock for Under Armour (UA) and for the overall stock market, rm: Year 2010
Below are the returns for the past eleven years for common stock for Under Armour (UA) and for the overall stock market, rm: Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 UA 4.1% 2.0% 11.6% 3.7% 18.5% 24.3% 17.4% 9.2% 29.1% 16.2% 4.6% Stock Market, rm 10.3% 12.2% 14.0% 2.5% 5.2% 11.6% 7.3% 3.0% 12.7% 5.4% 8.1% What is the estimated beta of the UA stock? Note: This is a Web Appendix 8A topic. Hint: You can use either a calculator or Excel to answer this question. +1.67 +2.12 +0.96 +0.52
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