Question
You are given the following information concerning a stock and the market: Returns Year Market Stock 2014 18 % 30 % 2015 14 14 2016
You are given the following information concerning a stock and the market:
| Returns | ||||||
| Year | Market | Stock | ||||
| 2014 | 18 | % | 30 | % | ||
| 2015 | 14 | 14 | ||||
| 2016 | 20 | 4 | ||||
| 2017 | 8 | 17 | ||||
| 2018 | 35 | 16 | ||||
| 2019 | 15 | 22 | ||||
| Market | Stock | |
| Average Return: | 15.67% | 11.50% |
| Standard Deviation: | 13.87% | 16.42% |
b. Calculate the correlation between the stock and the market, as well as the stocks beta. (Use Excel to complete the problem. Do not round intermediate calculations. Round your correlation answer to 2 decimal places and beta answer to 4 decimal places.)
Correlation:
Beta:
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Credit Spreads Beginners Guide To Low Risk Secure Easy To Manage Consistent Profits For Long Term Wealth Creation
Authors: Casey Boon
1st Edition
1974677419, 978-1974677412
