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If the covariance between two stocks is 235 and the standard deviation of both stocks are 45 and 22 respectively, what is the Correlation Coefficient between the two stocks?
A) 0.24
B) 0.33
C) 0.76
D) There is not enough information to calculate the Correlation Coefficient.
Answer: A
The above question If the covariance between two stocks is 235 and the standard deviation of both stocks are 45 and 22 respectively, what is the Correlation Coefficient between the two stocks?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
