Given the preceding data, the averag n cCCls stock is The preceding dsta serfes represents of CCC h historical returns. Based on this conclusion, the standard deviation of CCC s historical etetums is If Investors expect the average realized return from 2014 to 2018 on WCC's stock to continue into the future, its coefficlent of variation (CV) will be If investors expect the average realized return from 2014 to 2018 on CCC's stock to continue into the fut 3. Measuring stand-alone risk using realized (historical)data Returns earned over a given time period are called realized returns. Historical data on realized returns is often used to estimate future results. Analysts across companles use realized stock returns to estimate the risk of a stock. Consider the case of Celestial Crane Cosmeties Inc. (CCC): Ave years of realized returns for CcC ore given in the following table. Remember: 1. While CCC was itarted 40 years 490 , its common stock has been publicly traded for the past 25 years. 2. The returns on its equity are calculated as arithmetic returns. 3. The historical returns for CCC for 2014 to 2018 are: Clven the preceding dath, the average realized return on CCC's stock is The preceding data series represents of CCCis historical retums. Based on this conclusion, the standard deviation of cech historical retums is If investion expect the average realized return from 2014 to 2018 on CCC's stock to continue into the future, its coefficient of variation (CV) will be 0.83 preceding data, the average realized return on CCC's stock is 0,39 feding dato series represents of CCC's historical returns. Based on this conclusion, the standard deviation of CCCs 0.45 returns is 0.52 the averoge realized return from 2014 to 2010 on CCC's stock to continue into the future, its coefficient of variation (CV) wili be Given the preceding data, the average realized return on ccC's stock is The preceding data series represents historical returns is If investors expect the average realized return from 2014 to 2018 on cd 263.50%