The following daily prices were collected for each of three stocks over a 12-day period. Based on
Question:
The following daily prices were collected for each of three stocks over a 12-day period.
Based on the data given above, calculate the following:
a. Returns for each day on each of the three stocks. There should be a total of 10 returns for each stock beginning with the date 1/10.
b. Average daily returns for each of the three stocks.
c. Daily return standard deviations for each of the three stocks.
Transcribed Image Text:
Company X Date Price Company Y Date Price 1/09 50.125 1/09 20.000 1/09 1/10 50.125 1/10 20.000 1/10 1/11 50.250 1/11 20.125 1/11 1/12 50.250 1/12 20.250 1/12 1/13 50.375 1/13 20.375 1/13 1/14 50.250 1/14 20.375 1/15 52.250 1/15 21.375 1/16 52.375 1/16 21.250 1/17 52.250 1/17 21.375 1/18 52.375 1/18 1/19 52.500 1/19 21.375 1/20 52.375 1/20 21.500 Company Z Date Price 1/14 1/15 1/16 1/17 21.500 1/18 1/19 1/20 60.375 60.500 60.250 60.125 60.000 60.125 62.625 60.750 60.750 60.875 60.875 60.875
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
a First calculate returns as follows b c The table below calculates population standard dev...View the full answer
Answered By
Shubhradeep Maity
I am an experienced and talented freelance writer passionate about creating high-quality content. I have over five years of experience working in the field and have collaborated with several renowned companies and clients in the SaaS industry.
At Herman LLC, an online collective of writers, I generated 1,000+ views on my content and created journal content for 100+ clients on finance topics. My efforts led to a 60% increase in customer engagement for finance clients through revamping website pages and email interaction.
Previously, at Gerhold, a data management platform using blockchain, I wrote and published over 50 articles on topics such as Business Finance, Scalability, and Financial Security. I managed four writing projects concurrently and increased the average salary per page from $4 to $7 in three months.
In my previous role at Bernier, I created content for 40+ clients within the finance industry, increasing sales by up to 40%.
I am an accomplished writer with a track record of delivering high-quality content on time and within budget. I am dedicated to helping my clients achieve their goals and providing exceptional results.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
Using Regression to Calculate Fixed Cost, Calculate the Variable Rate, Construct a Cost Formula, and Determine Budgeted Cost Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were...
-
In Exercises 8594, find all values of x satisfying the given conditions. y = 2x + x 8x + 2 and y = 6.
-
Galant Theater Production Company unadjusted and adjusted trial balances at December 31, 2012, follow. Requirement 1. Journalize the adjusting entries that account for the differences between the two...
-
The following accounts were taken from the financial statements of Crofoot Company. ______ Interest revenue ______ J. Crofoot, Capital ______ Utilities payable ______ Accumulated depreciation ______...
-
Leicht Transfer & Storage provides warehousing services and often purchases pallets from Pallet Central. The companies followed a standard practice for documenting these transactions in which Pallet...
-
(Three Differences, No Beginning Deferred Taxes, Multiple Rates) The following information is available for Rammers Corporation for 2010. 1. Depreciation reported on the tax return exceeded...
-
Fickle Sickles collects 15,000 checks per 365-day year with average amount $170 and total delay 5 days. A lockbox system would reduce that delay to 3 days, and it would also reduce FISI's check...
-
a. Suppose that stock price changes in a given market from transaction to transaction are clearly and statistically inversely correlated, bouncing between prices in a definable range. Is it more...
-
The following table presents sample daily historical price data for a stock whose returns are given in the third column. a. Based on a traditional sample estimator, calculate a daily variance...
-
Cite the differences between hard and soft magnetic materials in terms of both hysteresis behavior and typical applications.
-
One of the biggest barriers for firms entering into alliances with foreign partners, and even domestic ones, are issues of trust. Does a well-crafted legal agreement prevent breaches of ethics by...
-
What is the industry life cycle?
-
What are the implications of dynamic strategies for strategy formulation and implementation?
-
Evaluate the following statement. If a firm is facing internal diseconomies of scale, it must be in an industry which is experiencing external diseconomies.
-
How easy or difficult is it to achieve the alternative types of synergies?
-
Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off a $ 800 account of a customer, C. Green. On March 9, it receives a $ 300 payment from Green. 1....
-
You continue to work in the corporate office for a nationwide convenience store franchise that operates nearly 10,000 stores. The per- store daily customer count (i.e., the mean number of customers...
-
For the kinds of business products described in this chapter, complete the following table (be brief, use one or a few well-chosen words). 1. Kind of distribution facility( ies ) needed and functions...
-
Wholesteen Dairy, Inc., produces and sells Wholesteen brand condensed milk to grocery retailers. The overall market for condensed milk is fairly flat, and theres sharp competition among dairies for...
-
Explain how industry sales and industry profits behave over the product life cycle.
-
David is the wealthiest resident in his neighborhood. Some of his poorer neighbors have hacked his wireless internet so they can save money for more important things like food and health insurance....
-
How are analytics that are used in professional sports applicable in the business world? How does the analysis based upon data guide decision making in sports and in the business world? Provide...
-
What are some key challenges Nissan is facing this day and age? What are your personal recommendations for improving operations at this company?
Study smarter with the SolutionInn App