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You are given the following information concerning a stock and the market: Returns Year 2014 2015 2016 2017 2018 2019 Market Stock 19% 31% 19
You are given the following information concerning a stock and the market: Returns Year 2014 2015 2016 2017 2018 2019 Market Stock 19% 31% 19 16 19 3 -15 -28 37 16 15 15 a. Calculate the average return and standard deviation for the market and the stock. (Use Excel to complete the problem. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Market Stock % Average return Standard deviation b. Calculate the correlation between the stock and the market, as well as the stock's beta. (Use Excel to complete the problem. Do not round intermediate calculations. Round your correlation to 2 decimal places and beta answer to 4 decimal places.) Correlation Beta
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