Question
Using the Case Study, Innocents Abroad: Currencies and International Stock Returns calculate the following: a) Index values are given in local currency. Adjust them into
Using the Case Study, Innocents Abroad: Currencies and International Stock Returns calculate the following:
a) Index values are given in local currency. Adjust them into US values.
b) Calculate average monthly returns for both local currencies return and USD adjusted returns. What can you observe from these calculations?
c) Calculate the volatility of returns both in local currency terms as well as USD adjusted returns. What do you observe?
d) Calculate pairwise correlations (In EXCEL) using USD returns (correlate each market return with every other market return individually). How are these markets related or unrelated to each other? Why are some markets more correlated to each other than others?
c) Calculate the volatility of returns both in local currency terms as well as USD adjusted returns. What do you observe?
d) Calculate pairwise correlations (In EXCEL) using USD returns (correlate each market return with every other market return individually). How are these markets related or unrelated to each other? Why are some markets more correlated to each other than others?
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Principles Of Housing Finance Reform
Authors: Susan M. Wachter, Joseph Tracy
1st Edition
0812248627, 978-0812248623
