Question: In past five years, Calculate the average return ( by averaging the percentage change of stock in previous month) and the standard deviation of the

In past five years,

Calculate the average return ( by averaging the percentage change of stock in previous month) and

the standard deviation of the percentage change ( for risk level) and

the discount model.

The stocks are

1.Sunny Optical Tecnology (Group) Co Ltd. (2382.HK)

2.Asia cement (China) Holdings Corporations (0743.HK)

3.China Eastern Airlines Corp Ltd (SH600115)

4.Western Digital Corp. (WDS.US)

5.Wheelock & Co Ltd HK (0020.HK)

You can download monthly returns data at www.finance.yahoo.com

How to:

Use the price in the "Adj Close" column to compute monthly returns as follows:

Rit = (Adj close t - adj close t1)/Adj close t1

Compute the average monthly return by using the "average function

Compute the standard deviation by using the "stdev" function.

The excel sheets are here:

https://drive.google.com/drive/folders/1xxHhdVXDY3giHBiTVdBDLBMQdlZIZlFo?usp=sharing

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