Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Stocks Standard Deviation Average Daily Return CIMB (1023.KL) 1.392064068 0.110412281 HONG LEONG BANK (5819.KL) 0.917486147 0.008759785 MAYBANK (1155.KL) 0.825754256 0.01968605 PBB (1295.KL) 1.048821862 0.008729963 RHB
Stocks | Standard Deviation | Average Daily Return |
CIMB (1023.KL) | 1.392064068 | 0.110412281 |
HONG LEONG BANK (5819.KL) | 0.917486147 | 0.008759785 |
MAYBANK (1155.KL) | 0.825754256 | 0.01968605 |
PBB (1295.KL) | 1.048821862 | 0.008729963 |
RHB CAPITAL (1066.KL) | 1.088655859 | 0.01469079 |
SIME DARBY (4197.KL) | 1.492164764 | -0.001397119 |
GENTING (3182.KL) | 1.685587134 | 0.013488929 |
AXIATA (6888.KL) | 1.905758842 | 0.052230636 |
DIGI (6947.KL) | 1.921317213 | 0.034610101 |
MAXIS (6012.KL) | 1.446731279 | -0.012946194 |
Month | 3-yr MGS Closing Yield (end of month) |
Jan-20 | 2.86% |
Feb-20 | 2.61% |
Mar-20 | 2.75% |
Apr-20 | 2.40% |
May-20 | 2.27% |
Jun-20 | 2.24% |
Jul-20 | 1.90% |
Aug-20 | 1.83% |
Sep-20 | 1.99% |
Oct-20 | 1.75% |
Nov-20 | 1.91% |
Dec-20 | 1.87% |
Jan-21 | 1.84% |
Feb-21 | 1.98% |
Mar-21 | 2.13% |
Apr-21 | 2.34% |
May-21 | 2.31% |
Jun-21 | 2.27% |
Jul-21 | 2.28% |
Aug-21 | 2.34% |
Sep-21 | 2.44% |
Oct-21 | 2.68% |
Nov-21 | 2.67% |
Which stock has the best performance? Justify your answer by computing the Sharpe index of each of these stocks
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started