Consider the US firm you analyzed in the collaborative project $($MACY$\text{'}$S$)$and build a hypothetical portfolio comprising that firm's stock and any other firm you like. Using January $9$th as the date of purchase, and October $27$th as the date you sold them $($analyze using the listed questions below$).$ Be sure to justify your position."

Using the S&P $500$ as the market, determine the returns of the stocks vs$.$ the market for a $5-$year period and also use the data to compute the Beta associated with the stocks.

What are the risks associated with each stock?

Computed Beta has already shown the market risks, are there any firm risks to be concerned about?

Is the two$-$stock portfolio properly diversified or not?

With your findings, would you hold the stocks or not? What changes would you make to your portfolio?

If you could add other stock$($s$)$ to the two, which would you go for?

Justify the reasons why based on risks and return.