Uptown Markets Stock Has a Standard Deviation of 16

question 74

Multiple Choice

Uptown Markets stock has a standard deviation of 16.8 percent and a covariance with the market of 0.02.The market has a standard deviation of 13.7 percent.What is the correlation of this stock with the market?

• A) 0.74
• B) 0.78
• C) 0.87
• D) 0.89
• E) 0.91

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Definitions:

Cancer Risk Factors

Elements that increase the likelihood of developing cancer, including genetics, lifestyle, and environmental exposure.

Chronic Diseases

Diseases that persist for a long time, usually longer than three months, such as diabetes, heart disease, and cancer.

Diastolic Pressure

The pressure in the arteries when the heart rests between beats, recorded as the bottom number in blood pressure readings.

Cardiovascular Disease

A general term for conditions affecting the heart and blood vessels, such as coronary artery disease, heart attack, and stroke.