Question
Choose a publicly listed company on the Australian stock exchange whose ticker begins with your ANZSIC Division letter from Assessment 2. For example, if you
Choose a publicly listed company on the Australian stock exchange whose ticker begins with your ANZSIC Division letter from Assessment 2. For example, if you were assigned ANZSIC Division Q, then you can choose a company whose ticker begins with Q, such as QAN. This is your designated stock. Suppose you invest $100,000 in this stock. Download the monthly prices of your designated stock from Jan2000to May 2020, inclusive, from Yahoo Finance.Choose a designated stock has been publicly traded since Jan 2000. (a)Assuming a normal distribution, calculate the 1-month 98% VaR and ES. Interpret these values. [6marks]Hint: Use the sample standard deviationand assume it is equal to the population standard deviation.
How do I solve this? Any guidelines.
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