penny stocks and blue chip stocks excel
DESCRIPTION
Penny Stocks and Blue Chip Stocks ExcelTRANSCRIPT
Table 1. Penny Stocks 2013 Weekly and Annual Mean Price Return
Table 2 Blue Chip Stocks 2013 Weekly and Annual Mean Price Return
Figure 1. Penny Stocks Weekly Mean Price Return
Figure 2. Blue Chip Stocks Weekly Mean Price Return
ra= Stock return
ri= index return
Basically, I computed the daily return or daily change of the stock price and PSE index.
Then, I computed for the covariance orthe relation on how the move together and divided the figure with the variance of PSEI.