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Period 1 2 3 4 5 6 7 Stock X 4% -2% 5% -1% 10% 7% 12% Stock Y -3% 7% 4% 2% 2% 8%
Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
---|---|---|---|---|---|---|---|
Stock X | 4% | -2% | 5% | -1% | 10% | 7% | 12% |
Stock Y | -3% | 7% | 4% | 2% | 2% | 8% | -3% |
What is the (population) covariance of returns on the two stocks?
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