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You are given the following information concerning a stock and the market Returns Market Stock Year 15% 27% 19 2011 2012 19 2013 25 5
You are given the following information concerning a stock and the market Returns Market Stock Year 15% 27% 19 2011 2012 19 2013 25 5 2014 -12 -22 2015 35 16 2016 15 27 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 answer to 2 decimal places and beta answer to 4 decimal places.) Correlation Beta
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