Returns earned over a given time period are called realized returns. Historical data on realized returns is oftet used to estimate future results. Analysts across companies use realized stock returns to estimate the risk of a stock. Consider the case of Blue Lama Mining Inc. (BLM): Five years of realized returns for BLM are given in the following table. Remember: 1. While BLM was started 40 years ago, its common stock handwet publicly traded for the past 25 years 2. The returns on its equity are calculated as arithmetic returns 3. The historical returns for BLM for 2014 to 2018 are: 2017 2014 201 20.00% 60% 2016 24.00% 2018 10.40% Stock return 33,60% Given the preceding the average realized return on BLM's stock is represents of BLM's historical returns. Based on this conclusion, the standard deviation of BM'S historical returns is It investors expect the average realed return from 2014 to 2018 on BLM's stock to continue into the future, its coefficient of variation (CV) will be Returns earned over a given time period are called realized returns. Historical data on realized returns is oftet used to estimate future results. Analysts across companies use realized stock returns to estimate the risk of a stock. Consider the case of Blue Lama Mining Inc. (BLM): Five years of realized returns for BLM are given in the following table. Remember: 1. While BLM was started 40 years ago, its common stock handwet publicly traded for the past 25 years 2. The returns on its equity are calculated as arithmetic returns 3. The historical returns for BLM for 2014 to 2018 are: 2017 2014 201 20.00% 60% 2016 24.00% 2018 10.40% Stock return 33,60% Given the preceding the average realized return on BLM's stock is represents of BLM's historical returns. Based on this conclusion, the standard deviation of BM'S historical returns is It investors expect the average realed return from 2014 to 2018 on BLM's stock to continue into the future, its coefficient of variation (CV) will be