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Aquaman Stock Has Exhibited a Standard Deviation in Stock Returns

question 71

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Aquaman Stock has exhibited a standard deviation in stock returns of 0.7, whereas Green Lantern Stock has exhibited a standard deviation of 0.8. The correlation coefficient between the stock returns is 0.1. What is the standard deviation of a portfolio composed of 70 percent Aquaman and 30 percent Green Lantern? Round the answer to five decimal points.


Definitions:

Ionizing Radiation

Radiation that carries enough energy to liberate electrons from atoms or molecules, thereby ionizing them.

Spent Fuel Rods

Used nuclear reactor fuel that is no longer efficient in generating power but remains radioactive and hazardous.

Depleted Uranium

Uranium with a lower content of the fissile isotope U-235 than natural uranium, used in military applications and for counterweights.

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