Your portfolio is equally weighted between Metallica Bearings and Osbourne, Inc., stocks in the previous two questions.

Question:

Your portfolio is equally weighted between Metallica Bearings and Osbourne, Inc., stocks in the previous two questions. The return correlation between the two stocks is zero. What is the smallest expected loss on your portfolio in the next month with a probability of 5 percent?

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing... Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...