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A stock has the following returns over three consecutive years: -26%, 80%, and 8

ID: 2785128 • Letter: A

Question

A stock has the following returns over three consecutive years:  -26%, 80%, and 86%. What is the arithmetic average?

A stock has the following returns over three consecutive years:  -2%, 1%, and 121%. What is the geometric average?

A stock has the following returns over three consecutive years:  143%, 95%, and 70%. What is the appropriate average?

A stock has the following returns over three consecutive years:  19%, 64%, and -23%. What is the standard deviation of these returns?

Which of the following is true about the Efficient Market Hypothesis, EMH?

options:

There is ample evidence to confirm the strong-form EMH.

The semi-strong form EMH contains the weak-form EMH.

It is well-established (in academic research) that you can generate additional returns using price and volume pattern data.

Inside information is reflected in prices under the semi-strong form EMH.

There is ample evidence to confirm the strong-form EMH.

The semi-strong form EMH contains the weak-form EMH.

It is well-established (in academic research) that you can generate additional returns using price and volume pattern data.

Inside information is reflected in prices under the semi-strong form EMH.

Explanation / Answer

A) airthmetic Average= -26+80+86 devided by 3

= 46.67

B) geometric Average = can be calcualte by multiple of 3 numbers therfter doing cube for the same

=cube of (-2*1*121)

= -6.23

c) appropriate Average = 143+95+70 divided by 3

=102.67

d)SD =

S.D= SQUARE ROOT OF (3786/3)

35.5

Year GR AR GR-AR SQUARE OF GR-AR 1 19 20 -1 1 2 64 20 44 1936 3 -23 20 -43 1849 3786
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