Question 1 Comment on the 2020 stock picks made by the investment company assigned to you in terms of retum and risk and explain why the actual stock holding period returns for year 2020 could differ significantly from the stock expected returns reported in the above tables. Beta The 2020 stock picks of Hobson Wealth Management: Company Name Stock HPR Expected Code Return Serko SKO NZ -19.1% 20% Oceania Healthcare OCA.NZ -14.5% 15% Tower TWRNZ -6.2% 18% Mainfreight MFT NZ -14.3% 25% a2 Mik ATM.NZ 12.0% 21% Standard Deviation 22% 18% 20% 30% 25% 0.91 0.52 0.37 0.37 -0.12