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The correlation between Alphabet inc's returns and Diamondback Energy, inc's (Ticker: FANG) returns is 0.401082038. Alphabet Inc. has a standard deviation of returns of 7.05311

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The correlation between Alphabet inc's returns and Diamondback Energy, inc's (Ticker: FANG) returns is 0.401082038. Alphabet Inc. has a standard deviation of returns of 7.05311 percent while Diamondback Energy. Inc, has a standard deviation of returns of 16795256 percent. Alphabet Inc has an average monthly return of 2.109043 percent while Diarnondback Energy. Inc has an average monthly return of 1.190338 percent. Calculate the standard deviation of returns for a portfolio consisting of 52 percent Alphabet inc. stock and 48 percent Diarnondback Energy, Inc stock

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