Loading [MathJax]/jax/output/HTML-CSS/jax.js

Fight Finance

Courses  Tags  Random  All  Recent  Scores

Question 560  standard deviation, variance, needs refinement

The standard deviation and variance of a stock's annual returns are calculated over a number of years. The units of the returns are percent per annum (%pa).

What are the units of the standard deviation (σ) and variance (σ2) of returns respectively?

Hint: Visit Wikipedia to understand the difference between percentage points (pp) and percent (%).