Question
The attached Excel file contains daily stock price data for an American firm and the NYSE Composite Index. Calculate the beta for the stock over
The attached Excel file contains daily stock price data for an American firm and the NYSE Composite Index. Calculate the beta for the stock over the 30-day period.
Date Stock NYSE 2/22/2023
108.94 15530.83 2/21/2023 109.25 15572.52 2/17/2023 112.99 15840.16 2/16/2023 112.00 15873.78 2/15/2023 113.29 16016.09 2/14/2023 112.72 16025.11 2/13/2023 113.77 16052.25 2/10/2023 112.39 15910.69 2/9/2023 111.45 15828.60 2/8/2023 113.74 15934.72 2/7/2023 115.37 16021.62 2/6/2023 114.98 15895.36 2/3/2023 115.95 15999.40 2/2/2023 118.72 16122.58 2/1/2023 114.35 16121.25 1/31/2023 113.58 16036.39 1/30/2023 111.11 15818.90 1/27/2023 113.74 15962.58 1/26/2023 112.07 15985.87 1/25/2023 111.45 15889.27 1/24/2023 113.50 15868.22 1/23/2023 121.02 15880.09 1/20/2023 119.07 15777.55 1/19/2023 116.88 15569.63 1/18/2023 121.15 15649.13 1/17/2023 124.95 15883.56 1/13/2023 127.82 15918.37 1/12/2023 127.66 15859.55 1/11/2023 127.43 15749.09 1/10/2023 126.46 15608.17 1/9/2023 125.13 15514.44
1.91
2.38
1.79
0.25
0.52
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