An investor gathers the following information about a security and the market:
Security's beta: 0.35
Standard deviation of the security's returns: 12%
Standard deviation of market returns: 18%
The correlation between the security's returns and the market's returns is closest to:
Exam-Like
A
0.2
50.0%
B
0.5
50.0%
C
0
0.0%
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An investor gathers the following information about a security and the market:
- Security's beta: 0.35
- Standard deviation of the security's returns: 12%
- Standard deviation of market returns: 18%
The correlation between the security's returns and the market's returns is closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
