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Describe the significance of beta in portfolio pricing. Write script in R/R-Studio to compute the (i) return on an equal- weighted portfolio of three stocks,
Describe the significance of beta in portfolio pricing. Write script in R/R-Studio to compute the (i) return on an equal- weighted portfolio of three stocks, namely, HDFC Bank, Infosys and Reliance Industries (ii) CAPM beta (iii) Jensen's Alpha (iv) Sharpe Ratio (v) Calendar Returns. Use Performance Analytics package & download the data using getSymbols.yahoo
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