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The following table shows the nominal returns on Brazilian stocks and the rate of inflation. Year Nominal Return (%) Inflation (%) 2015 0.3 6.0 2016
The following table shows the nominal returns on Brazilian stocks and the rate of inflation.
Year | Nominal Return (%) | Inflation (%) |
---|---|---|
2015 | 0.3 | 6.0 |
2016 | -18.0 | 6.1 |
2017 | -16.0 | 6.6 |
2018 | -41.6 | 10.9 |
2019 | 66.4 | 6.5 |
2020 | 27.1 | 3.1 |
What was the standard deviation of the market returns?
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