You are allocating your wealth between two shares, Tinkle.com and Circumbendibus Wheels. Tinkle.com has volatility 36.10%, while Circumbendibus Wheels has volatility 57.30%. The correlation between the two shares' returns is 0.34. What percentage of your wealth should you allocate to Tinkle.com to minimize your portfolio's volatility?

Answer rating: 100% (QA)

To minimize the portfolios volatility you can use the formula for the por... View the full answer