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Using the data in the following table, , what is the covariance between the stocks of HP and Southwest Airlines? The covariance between the stocks
Using the data in the following table, , what is the covariance between the stocks of HP and Southwest Airlines? The covariance between the stocks of HP and Southwest Airlines is (Round to three decimal places.) (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Historical Annual Volatilities and Correlations for Selected Stocks (based on monthly returns, 1996-2014) Microsoft 0.33 HP 0.37 Alaska Southwest Ford Airlines 0.31 Air 0.37 Kellogg 0.20 General Mills 0.17 Motor Volatility (Standard Deviation) Correlation with Microsoft HP Alaska Air Southwest Airlines Ford Motor Kellogg General Mills 0.50 1.00 0.39 0.21 0.24 0.27 0.05 0.08 0.39 1.00 0.28 0.35 0.27 0.11 0.06 0.21 0.28 1.00 0.39 0.15 0.15 0.20 0.24 0.35 0.39 1.00 0.30 0.15 0.22 0.27 0.27 0.15 0.30 1.00 0.18 0.06 0.05 0.11 0.15 0.15 0.18 1.00 0.54 0.08 0.06 0.20 0.22 0.06 0.54 1.00
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