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You have collected the following annual returns data for Stock X and Stock Y: Year X Y 1 -3.2% 22.8% 2 12.4% -55.0% 3 -48.4%
You have collected the following annual returns data for Stock X and Stock Y:
| Year | X | Y |
| 1 | -3.2% | 22.8% |
| 2 | 12.4% | -55.0% |
| 3 | -48.4% | 40.7% |
| 4 | -5.4% | 20.7% |
| 5 | 29.9% | -17.7% |
What is the correlation coefficient for Stocks X and Y?
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The Wealthtech Book The FinTech Handbook For Investors Entrepreneurs And Finance Visionaries
Authors: Susanne Chishti, Thomas Puschmann
1st Edition
1119362156, 978-1119362159
