According to Yahoo Finance, the following information describes the past 5 years of monthly returns to General
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Question:
According to Yahoo Finance, the following information describes the past 5 years of monthly returns to General Electric (GE) and the S&P500:
Investment | Average Return | Standard Deviation | Correlation |
S&P500 | 0.79% | 2.79% | 0.390719 |
GE | -0.85% | 5.66% |
According to this, what is the beta of GE?
Related Book For
Intermediate Financial Management
ISBN: 978-1285850030
12th edition
Authors: Eugene F. Brigham, Phillip R. Daves
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