What is correlation coefficient between returns of two stock

Assignment Help Financial Management

Reference no: EM13728425

The covariance of the returns between Willow Stock and Sky Diamond Stock is 0.0940. The variance of Willow is 0.1890, and the variance of Sky Diamond is 0.1210. What is the correlation coefficient between the returns of the two stocks?

Reference no: EM13728425

Questions Cloud

Can the tsa secure top flight performance : Explain which of the HR practices described in the case you think contribute to greater efficiency and effectiveness of TSA employees. Why? Recommend at least two other practices which could be employed to increase efficiency and effectiveness of ..

Planning takes information from the master schedule : Materials requirement planning takes information from the master schedule that is a detailed plan for future production. Because of the needs of the firm, the master schedule must be stated in terms of complete assemblies. Do you agree or disagree wi..

What is implied annual interest rate on futures contract : What is the present value of the Coca-Cola futures contract? If the contract settles at 105-8, are current market interest rates higher or lower than the standardized rate on a futures contract? Explain. What is the implied annual interest rate on th..

What is the bond price and what is the current yield : Energy Tech company issued an 8% (semi-annual payment) 20 year bond 5 years ago. If the yield of similar bond today is 6%, what is the bond price? What is the current yield?

What is correlation coefficient between returns of two stock : The covariance of the returns between Willow Stock and Sky Diamond Stock is 0.0940. The variance of Willow is 0.1890, and the variance of Sky Diamond is 0.1210. What is the correlation coefficient between the returns of the two stocks?

Explain the importance of situating artistic expressions : Explain how key social, cultural, and artistic contributions contribute to historical changes. Explain the importance of situating society cultural and artistic expressions within a historical context.

Growth option and investment timing option : ow might Wal-Mart (or another large retailer) take advantage of each of the following: Do not merely provide a definition? Flexibility option, Growth option, Investment timing option, Abandonment option, Decision-tree analysis

Budgetary and financial management professionals : Description of at least three jobs that budgetary and financial management professionals may perform in the public sector. Discuss how these types of jobs are similar or different than the prevailing theory within the field of budgetary or financial ..

Potential risks of foreign market expansion into the country : Determine at least three (3) potential risks of foreign market expansion into the country that you have chosen (e.g., language barriers, regulatory, taxation, expropriation, etc.)

User Account

All Pages