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    Tugas 8-20 Kelompok 3

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    Akuw Ajah
    The document provides annual return rates for Stock A, Stock B, and a portfolio consisting of 50% of each stock from 2010-2014. It then calculates various metrics for evaluating and comparing the risk and return of the individual stocks and portfolio. Specifically, it calculates the average return, realized annual returns of the portfolio, standard deviation and coefficient of variation of each to determine that a risk-averse investor would prefer the portfolio because it has the lowest risk as measured by its coefficient of variation of 1.78.

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    Tugas 8-20 Kelompok 3

    Uploaded by

    Akuw Ajah
    110 views4 pages
    The document provides annual return rates for Stock A, Stock B, and a portfolio consisting of 50% of each stock from 2010-2014. It then calculates various metrics for evaluating and comparing the risk and return of the individual stocks and portfolio. Specifically, it calculates the average return, realized annual returns of the portfolio, standard deviation and coefficient of variation of each to determine that a risk-averse investor would prefer the portfolio because it has the lowest risk as measured by its coefficient of variation of 1.78.

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    The document provides annual return rates for Stock A, Stock B, and a portfolio consisting of 50% of each stock from 2010-2014. It then calculates various metrics for evaluating and comparing the risk and return of the individual stocks and portfolio. Specifically, it calculates the average return, realized annual returns of the portfolio, standard deviation and coefficient of variation of each to determine that a risk-averse investor would prefer the portfolio because it has the lowest risk as measured by its coefficient of variation of 1.78.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    110 views4 pages

    Tugas 8-20 Kelompok 3

    Uploaded by

    Akuw Ajah
    The document provides annual return rates for Stock A, Stock B, and a portfolio consisting of 50% of each stock from 2010-2014. It then calculates various metrics for evaluating and comparing the risk and return of the individual stocks and portfolio. Specifically, it calculates the average return, realized annual returns of the portfolio, standard deviation and coefficient of variation of each to determine that a risk-averse investor would prefer the portfolio because it has the lowest risk as measured by its coefficient of variation of 1.78.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 4

    Rates of Return

    Year A B
    2010 -18.00% -14.50%
    2011 33.00% 21.80%
    2012 15.00% 30.50%
    2013 -0.50% -7.60%
    2014 27.00% 26.30%
    Sum 56.50% 56.50%

    A Calculate the average rate of return for each stock during the period 2010 through 2014

    Sum of Value of Stocks A 56.50%


    number of Stock 5
    Average rate of return A 11.30%

    Sum of Value of Stocks B 56.50%


    number of Stock 5
    Average rate of return B 11.30%

    B Assume that someone held a portfolio consisting of 50% of Stock A and 50% of Stock B. What
    would the realized rate of return on the portfolio have been each year?

    Rates of Return
    Year A B A+B
    2010 -18.00% -14.50% -32.50%
    2011 33.00% 21.80% 54.80%
    2012 15.00% 30.50% 45.50%
    2013 -0.50% -7.60% -8.10%
    2014 27.00% 26.30% 53.30%
    Sum 56.50% 56.50% 113.00%

    Sum of Value of Portfolio 56.50%


    number of Stock 5
    Average rate of return Portfolio 11.30%

    C Calculate the standard deviation of returns for each stock and for the portfolio.
    Rates of Return
    Year A B Portfolio
    2010 -18.00% -14.50% -16.25%
    2011 33.00% 21.80% 27.40%
    2012 15.00% 30.50% 22.75%
    2013 -0.50% -7.60% -4.05%
    2014 27.00% 26.30% 26.65%
    Average Return
    Total Variance
    Standar Deviasi
    Standar Deviasi %

    D Calculate the coefficient of variation for each stock and for the portfolio

    Rates of Return
    Year A B Portfolio
    2010 -18.00% -14.50% -16.25%
    2011 33.00% 21.80% 27.40%
    2012 15.00% 30.50% 22.75%
    2013 -0.50% -7.60% -4.05%
    2014 27.00% 26.30% 26.65%
    Average Return
    Total Variance
    Standar Deviasi
    Standar Deviasi %
    Coefficient of variation

    E Assuming you are a risk-averse investor, would you prefer to hold Stock A, Stock B, or the portfolio? Why?

    Seorang investor yang menghindari risiko akan lebih memilih untuk memegang portofolio karena memiliki
    coefficient of variation terendah ( 1,78) karena coefficient of variation mengukur risiko yang diasumsikan per
    pengembalian. Pada kasus ini, tingkat pengembalian rata-rata (average ruturn) adalah sama (11,30%) untuk ke
    opsi, tetapi opsi portofolio memiliki Standar deviasi yang lebih kecil (0,2013), sehingga menghasilkan coefficien
    variation yang lebih kecil dan menunjukkan bahwa portofolio memiliki risiko yang lebih kecil dibandingkan den
    Saham A atau Saham B.
    Portfolio
    -16.25%
    27.40%
    22.75%
    -4.05%
    26.65%
    56.50%
    Square of Returns
    A B Portfolio
    8.58% 6.66% 7.59%
    4.71% 1.10% 2.59%
    0.14% 3.69% 1.31%
    1.39% 3.57% 2.36%
    2.46% 2.25% 2.36%
    11.30% 11.30% 11.30%
    0.1729 0.1727 0.1621
    0.2079 0.2078 0.2013
    20.79% 20.78% 20.13%

    Square of Returns
    A B Portfolio
    8.58% 6.66% 7.59%
    4.71% 1.10% 2.59%
    0.14% 3.69% 1.31%
    1.39% 3.57% 2.36%
    2.46% 2.25% 2.36%
    11.30% 11.30% 11.30%
    0.1729 0.1727 0.1621
    0.2079 0.2078 0.2013
    20.79% 20.78% 20.13%
    1.84 1.84 1.78

    , or the portfolio? Why?

    portofolio karena memiliki


    siko yang diasumsikan per unit
    ah sama (11,30%) untuk ketiga
    gga menghasilkan coefficient of
    ebih kecil dibandingkan dengan

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