Question
For the next two questions, continue with the ASSUMPTION that the one-year HPRs for Tesla are: {-20%; +60%; +10%; -6%; +520%}. Now assume that you
For the next two questions, continue with the ASSUMPTION that the one-year HPRs for Tesla are:
{-20%; +60%; +10%; -6%; +520%}.
Now assume that you also acquired shares in APPLE, which has had annual HPRs of
{-5%; +60%; +5%; +50%; -80%}.
Assume also that the arithmetic mean return for Tesla is 100% and the arithmetic mean for Apple is 20%.
What is the correlation between Tesla and APPLE shares?
Assume that you own a portfolio comprised of 40% Tesla and 60% APPLE. What return do you expect to earn on the portfolio next year?
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Biblical Finance Reflections On Money Wealth And Possessions
Authors: Mark Lloydbottom, Keith Tondeur
1st Edition
0956395023, 978-0956395023
