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A stock had the following annual returns: -14.29%, 16.30% , 11.88%, and -16.96%. What is the stock's:

a)expected return?
b)variance?
c)standard deviation?

User Emilse
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1 Answer

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Final answer:

The stock's expected return is -0.27%, the variance is 147.65%, and the standard deviation is 12.15%.

Step-by-step explanation:

a) Expected return:

To find the expected return of the stock, we need to calculate the average of the annual returns.

Expected return = ( -14.29% + 16.30% + 11.88% + -16.96% ) / 4 = -0.27%

Therefore, the expected return of the stock is -0.27%.

b) Variance:

To find the variance, we need to calculate the squared difference between each annual return and the expected return, and then take the average.

Variance = ( (-14.29% - (-0.27%))² + (16.30% - (-0.27%))² + (11.88% - (-0.27%))² + (-16.96% - (-0.27%))² ) / 4 = 147.65%

Therefore, the variance of the stock is 147.65%.

c) Standard deviation:

To find the standard deviation, we take the square root of the variance.

Standard deviation = √(147.65%) = 12.15%

Therefore, the standard deviation of the stock is 12.15%.

User Ernest Collection
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