Question: Adobe Inc. is a multinational US computer software company, listed on the Nasdaq stock exchange (it is also a component of the Standard and Poor's

Adobe Inc. is a multinational US computer software company, listed on the Nasdaq stock exchange (it is also a component of the Standard and Poor's 500 index). The following R output was obtained using weekly data for the period 27 February 2017 to 17 February 2020. In the estimation output 'log' is the natural logarithm, and 'd' is the first-difference operator. ADBE is the Adobe stock price, d(log(ADBE)) is the weekly log return on Adobe stock, and d(log(SP500)) is the weekly log return on the Standard and Poor's 500 index.

OLS estimation, 155 available observations Dependent variable: d(log(ADBE)) Constant 0.004869 (0.001902) t = 2.559520 p = 0.011452 d(log(SP500)) 1. 138793 (0.104362) t = 10.911920 p = 0.000000 Observations 155 R2 0.437645 Adjusted R2 0.433969 Residual Std. Error 0.023502 (df = 153) F Statistic 119.070000 (df = 1; 153) (p = 0.000000) Durbin-Watson test DW = 2.1624, p-value = 0.8477 alternative hypothesis: true autocorrelation is greater than 0 Breusch-Godfrey test for serial correlation of order up to 1 LM test = 1.0365, df = 1, p-value = 0.3086\f

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

1. Which of the following is a debt security whose payments originate from other loans, such as credit card debt, auto loans, and home equity loans? junk bonds debentures credit quality securities...

John Chambers, Chairman, and CEO, Cisco Systems James Steele, program director for supply chain risk management at Cisco Systems, Inc. (Cisco), woke up one morning in March 2011 with an urgent phone...

. What are the advantages and disadvantages of Rosetta Stone going public? 2. What do you think the current value of a share of Rosetta Stone is (at the time of the case)? Justify your valuation on a...

1. What are the advantages and disadvantages of Rosetta Stone going public? 2. What do you think the current value of a share of Rosetta Stone is (at the time of the case)? Justify your valuation on...

Anyone can help me with requirement 3? Effect of assumed sales growth on vendor allowances. Tesco's Financial Reporting of Vendor Allowances1 The Company2 Tesco PLC (hereafter, Tesco, or the Company)...

Business Valuation Assignment Determine the cost of capital for Golden Enterprises using the Build-up Method as of May 29, 2015.Estimate the various adjustments the best you can from the available...

Compare and contrast the exercise procedure for stock options with that for index options. What major advantages does exercising an index option have over exercising a stock option?( refer attached...

Match the ten companies with these ten columns and give adequate explanations. Filter Builder OFF A B D E F G H 1 J Cell Highlighter SELECT V SELECT V SELECT V SELECT V SELECT V SELECT V SELECT V...

+ Filter Builder OFF B D E F G H Cell Highlighter 1000 SELECT V SELECTV SELECTV SELECT V SELECT SELECT SELECTV SELECTV SELECTV SELECT 6.6% 6.1% 13.1% 0.0% 13.1% 27.2% 2.7% 49.1% 9.1%. 4.6% 37.3%...

Match the ten companies' names with these ten columns and give adequate explanations. Filter Builder OFF A B D E F G H 1 J Cell Highlighter SELECT V SELECT V SELECT V SELECT V SELECT V SELECT V...

1) Thinking about your own personal experiences and perspectives on substance use and addiction, what models or explanations of addiction or substance use (these are not the same thing) resonated...

Niki holds two part-time jobs, Job I and Job II. She never wants to work more than a total of 12 hours a week. She has determined that for every hour she works at Job I, she needs 2 hours of...

Richards Company enters into a lease that requires lease payment with both a fixed and a variable component. Which of the following variable consideration elements would be included in the present...

C++ I was given the following code with questions regarding writing a while loop to check for integer only inputs from the user. I've tried implementing this idea into my code but it doesn't seem to...