Using Python:

1. Construct two new variable: monthly returns of TSX and BTC.

   Hint: Monthly percentage returns are defined as the price appreciation with respect to the

   last months prices: Rt = PtPt1 . You can calculate the returns following the equation or use Pt1

   the percentage change function of Pandas: .pct_change(). Alternatively, you can work with the log return of each month is calculated with respect to the previous months values using the log of prices, i.e. Rt = ln(Pt) ln(Pt1)