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Shares Jak and Turner have the following historical returns: Year Share Jak Returns (%) Share Turner Returns (%) 2016 -4 -3.5 2017 5 -4.8 2018

Shares Jak and Turner have the following historical returns:

Year

Share Jak Returns (%)

Share Turner Returns (%)

2016

-4

-3.5

2017

5

-4.8

2018

21.45

23.39

2019

41.63

47.78

2020

20.33

11.81

2021

36.00

33.90

2022

12

13

Required:

Calculate and explain which of the two shares had the most volatile returns over the seven -year period. (25 marks)

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