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The followings are weekly stock returns of Walmart (Beta=0.47) and nVidia (Beta=2.74) in the past four weeks. [Hint: Do we need to correct for selection
The followings are weekly stock returns of Walmart (Beta=0.47) and nVidia (Beta=2.74) in the past four weeks.
[Hint: Do we need to correct for selection bias?]
Week of | Nov. 12 | Nov. 5 | Oct. 29 | Oct.22 |
Walmart | 3.60% | 7.46% | -4.16% | -2.43% |
nVidia | 11.99% | -5.05% | 8.30% | 6.39% |
Find the correlation coefficient between the two companies common stocks.
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