Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

PLEASE ANSWER ALL QUESTIONS!!!!!!!! NOTE: For SHARP RATIO, assume the risk free

ID: 2653801 • Letter: P

Question

PLEASE ANSWER ALL QUESTIONS!!!!!!!!

NOTE: For SHARP RATIO, assume the risk free rate to be 0

PLEASE ROUND TO 2 DECIMALS! THANK YOU

AVERAGES

-0.0069

0.0018

0.0015

covariance matrix:

For a portfolio formed by 40% in the SP500 and 60% in A. Calculate the return on the portfolio.

8.) Using the covariance matrix from question 7, calculate the variance of the portfolio formed by 40% in the SP500 and 60% in A.

9.) Using the variance from question 8, calculate the standard deviation of the portfolio formed by 40% in the SP500 and 60% in A.

10.) Using the average and standard deviation from previous questions, calculate the Sharpe ratio for the portfolio formed by 40% in the SP500 and 60% in A.

11.) Using the averages from question 7, calculate the average of a portfolio formed by 30% in A and 70% in B.

12.) Using the covariance matrix from question 7, calculate the variance of a portfolio formed by 30% in A and 70% in B.

13.) Using the variance from question 12, calculate the standard deviation for the portfolio formed by 30% in A and 70% in B.

14.) Using the average and standard deviation from previous questions, calculate the Sharpe ratio for the portfolio formed by 30% in A and 70% in B.

15.) Which of the portfolios offer greater return per unit of risk taken?

A. The portfolio formed by 30% in A and 70% in B

B. portfolio formed by 40% in the SP500 and 60% in A

c. Both give the same return per unit of risk

sp500 A B Average

-0.0069

0.0018

0.0015

Explanation / Answer

Answer

Answer No. 8

SP 500

Variance = (SD1)2 = 0.00336 ,   weight of SP 500 in portfolio = w1 = 0.40

Stock A

Variance = (SD2)2 = 0.0041 , weight of stock A in portfolio = w2 = 0.60

Co variance of SP 500 and stock A = 0.00322

Variance of the portfolio = (Vp) = ?

Vp             = (w1)2(SD1)2+(w2)2(SD2)2+2(w1)(w2)(Cov SP 500, A)

                  = (0.4)2(0.00336)+(0.6)2(0.0041)+2(0.4)(0.6)(0.00322)

                  = (0.16)(0.00336)+(0.36)(0.0041)+2(0.4)(0.6)(0.00322)

                   =0.0005376 + 0.001476 + 0.0015456

        Vp     = 0.0035592

Answer : The variance of the portfolio formed by 40% in the SP500 and 60% in A is 0.0035592

Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at drjack9650@gmail.com
Chat Now And Get Quote