Question: Given below is the returned obtained by BAXCO Co. Ltd. during the first four quarter of 2019 with respect to overall return from the market.
Given below is the returned obtained by BAXCO Co. Ltd. during the first four quarter of 2019 with respect to overall return from the market.
| Quarter | BAXCO Return (Rb) | Market Return (Rm) |
| Jan-Mar | 10% | 15% |
| AprJun | 15% | -10% |
| Jul-Sep | -5% | 2% |
| OctDec | -12% | -5% |
Required: Calculate the volatility of BAXCO Co. Ltd. stock with overall volatility of market and comment on the result.
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