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Suppose we have the following weekly returns for Microsoft and Wendy's stock. Week 1 Week 2 Week 3 Week 4 Microsoft 2.30% 1.20% 3.10% -1.00%
Suppose we have the following weekly returns for Microsoft and Wendy's stock.
Week 1 | Week 2 | Week 3 | Week 4 | |
Microsoft | 2.30% | 1.20% | 3.10% | -1.00% |
McDonalds | -2.00% | -2.50% | 1.40% | 0.10% |
Which of the following is true?
A. | These stocks are NOT correlated | |
B. | These stocks are positvely correlated | |
C. | These stocks are negatively correlated | |
D. | There is no way to tell if these are correlated or not |
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