Using this data: Answer the following questions: Date KO SP

$31/01/20200,053803943-0,00292809$ Cov $0,002452456$

$28/02/2020-0,085275339-0,08531047$ Var SP $0,003754119$

$31/03/2020-0,166377612-0,1264193$ Var KO $0,003823484$

$30/04/20200,0370621350,1268441$ beta $0,653270628$

$29/05/20200,0171150990,04518178$

$30/06/2020-0,0341616960,0182884$ correl $0,647317745$

$31/07/20200,0571963580,0550013$

$31/08/20200,0483758060,06996469$ Average KO $0,007896064$

$30/09/20200,004947449-0,03932796$ Average SP $0,006101025$

$30/10/2020-0,026634284-0,02776578$

$30/11/20200,0820888670,1074457$

$31/12/20200,0626907290,03702141$

$29/01/2021-0,122091225-0,01123664$

$26/02/20210,0174454860,02609148$

$31/03/20210,0845069890,04243863$

$30/04/20210,0240941080,05242531$

$28/05/20210,0242682730,005486503$

$30/06/2021-0,013745710,02221398$

$30/07/20210,0539641120,02274811$

$31/08/2021-0,0126248890,02899032$

$30/09/2021-0,060735218-0,04756914$

$29/10/20210,0743281390,06914388$

$30/11/2021-0,062089734-0,008333731$

$31/12/20210,1287846140,04351288$

$31/01/20220,030400258-0,05258509$

$28/02/20220,020160684-0,03136052$

$31/03/20220,003113340,03567324$

$29/04/20220,041996782-0,08805672$

$31/05/2022-0,019337293-0,000246756$

$30/06/2022-0,001073355-0,08451999$

$29/07/20220,0192285860,09031635$

$31/08/2022-0,040235659-0,04434012$

$30/09/2022-0,086975334-0,0952957$

$31/10/20220,0660684050,07756345$

$30/11/20220,0672754760,05085286$

$30/12/2022-0,0033-0,06227145$ Which of the following statements are true?

You get positive points for the correct answers, you get negative points for the incorrect answers. Ticking all choices will result in zero points.

Question $2$Select one or more:

The long$-$term returns of both strategies are practically zero.

The long$-$term return of the momentum strategy is clearly positive, but the long$-$term return of the value strategy is practically zero.

The long$-$term return of the value strategy is clearly positive, but the long$-$term return of the momentum strategy is practically zero.

The long$-$term returns of both strategies are clearly positive.

The correlation between the returns of the two strategies is high resulting in little diversification benefits for an investor who invests in both strategies.

The correlation between the returns of the two strategies is low resulting in large diversification benefits for an investor who invests in both strategies.