Shares Alpha and Beta have the following historical returns: Year Share Alpha Returns Share Beta Returns (%) (%) 2018 -4 -3 2019 5 -3.2 2020 22.55 22.63 2021 41.45 47.91 2022 19.63 11.80 2023 36 33.4 2024 11 13

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter8: Risk And Rates Of Return
Section: Chapter Questions
Problem 22SP
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Determine which of the two shares experienced the most volatile returns over the seven-year period and provide a detailed explanation of which share is more volatile, along with the reasoning behind it.

Shares Alpha and Beta have the following historical returns:
Year
Share Alpha Returns Share Beta Returns
(%)
(%)
2018
-4
-3
2019
5
-3.2
2020
22.55
22.63
2021
41.45
47.91
2022
19.63
11.80
2023
36
33.4
2024
11
13
Transcribed Image Text:Shares Alpha and Beta have the following historical returns: Year Share Alpha Returns Share Beta Returns (%) (%) 2018 -4 -3 2019 5 -3.2 2020 22.55 22.63 2021 41.45 47.91 2022 19.63 11.80 2023 36 33.4 2024 11 13
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