Question
Over the past five years, a stock returned 11.3 percent, -28 percent, -3.7 percent, 40.9 percent, and 13.3 percent, respectively. What is the average return?
Over the past five years, a stock returned 11.3 percent, -28 percent, -3.7 percent, 40.9 percent, and 13.3 percent, respectively.
What is the average return?
%
What is the variance of these returns?
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The Theory And Practice Of Investment Management
Authors: Frank J Fabozzi, Harry M Markowitz
2nd Edition
0470929901, 9780470929902
