Multiple Choice
Uptown Markets stock has a standard deviation of 16.8 percent and a covariance with the market of .0178.The market has a standard deviation of 13.6 percent.What is the correlation of this stock with the market?
A) .74
B) .78
C) .87
D) .89
E) .91
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: Farm Tractors,Inc.,stock has a beta of 1.12
Q21: What is the covariance of security A
Q23: Phil realized a total return of 13.2
Q27: The following portfolio has an expected return
Q30: A stock has a standard deviation of
Q41: Which of the following correctly identifies the
Q53: Which one of the following will increase
Q56: Which one of the following statements is
Q59: The amount of risk premium allocated to
Q84: Which one of the following is the