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Go to Yahoo! finance site. Please download monthly adj. close prices from 12/1/2012 to 12/1/2017 for S&P 500 index (^SP500TR) and the following funds: .
Go to Yahoo! finance site. Please download monthly adj. close prices from 12/1/2012 to 12/1/2017 for S&P 500 index (^SP500TR) and the following funds: . European stock fund: Fidelity Europe (FIEUX) Latin America Fund: Fidelity Latin America (FLATX) Small Cap Stock Fund: Fidelity Small Cap Stock (FSLCX) . 1. Compute univariate descriptive statistics (mean, variance, standard deviation, skewness, kurtosis) for each return series and comment. a. Which funds have the highest and lowest average return? b. Which funds have the highest and lowest standard deviation? Which funds look most and least normally distributed? c. 2. Using a monthly risk free rate equal to 0.04167% per month (which corresponds to a continuously compounded annual rate of 0.5%), compute Sharpe's slope/ratio for each fund. Arrange these values in a table from highest to lowest. Which asset has the highest Sharpe ratios? Go to Yahoo! finance site. Please download monthly adj. close prices from 12/1/2012 to 12/1/2017 for S&P 500 index (^SP500TR) and the following funds: . European stock fund: Fidelity Europe (FIEUX) Latin America Fund: Fidelity Latin America (FLATX) Small Cap Stock Fund: Fidelity Small Cap Stock (FSLCX) . 1. Compute univariate descriptive statistics (mean, variance, standard deviation, skewness, kurtosis) for each return series and comment. a. Which funds have the highest and lowest average return? b. Which funds have the highest and lowest standard deviation? Which funds look most and least normally distributed? c. 2. Using a monthly risk free rate equal to 0.04167% per month (which corresponds to a continuously compounded annual rate of 0.5%), compute Sharpe's slope/ratio for each fund. Arrange these values in a table from highest to lowest. Which asset has the highest Sharpe ratios
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