Question
Suppose stock ABC has an expected daily log-return of 0.05% and standard deviation of 0.5%. Assume there are 250 (trading) days in a year, and
Suppose stock ABC has an expected daily log-return of 0.05% and standard deviation of 0.5%. Assume there are 250 (trading) days in a year, and the annual return (ratio, 250/0) is log-normally distributed. Assuming independent daily returns, what is the probability that ABCs price will be within 5% of its current price in a year?
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The Essential Credit Repair Handbook
Authors: Deborah McNaughton
1st Edition
160163160X, 978-1601631602
