Question
Calculate the correlation of the two stocks below based on the scenario forecasts given: Probability Atlantis Co. Baltazaar Inc. Boom 0.3 6 14% Normal 0.6
Calculate the correlation of the two stocks below based on the scenario forecasts given:
Probability | Atlantis Co. | Baltazaar Inc. | |
Boom | 0.3 | 6 | 14% |
Normal | 0.6 | 4 | 4% |
Bust | 0.1 | -10% | -6% |
Provide your answer in decimals, rounded to two decimals.
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