|
Company name |
GoDaddy |
Southwest Airlines |
Aflac |
AT&T |
Hewlett Packard |
MGM Resorts |
Close Price June 4th |
73.83 |
51.65 |
45.43 |
32.41 |
22.74 |
31.54 |
Close Price June 26th |
70.74 |
51.17 |
44.00 |
31.62 |
23.05 |
29.16 |
Compute the stock returns of the SIX companies from June 4 to June 26, 2018. |
Find the close price of June 4 and close price of June 26. Compute
the holding period returns r=(P1-P0)/P0
Holding period return = (P1 - P0)/P0
where,
P1 = Closing price on June 26
P0 = Closing price on June 4
Holding period return of GoDaddy = (70.74 - 73.83)/73.83
= - 3.09/73.83
= - 4.18%
Holding period return of Southwest Airlines = (51.17 - 51.65)/51.65
= - 0.48/51.65
= - 0.93%
Holding period return of Aflac = (44 - 45.43)/45.43
= - 1.43/45.43
= - 3.15%
Holding period return of AT&T = (31.62 - 32.41)/32.41
= - 0.79/32.41
= - 2.44%
Holding period return of Hewlett Packard = (23.05 - 22.74)/22.74
= 0.31/22.74
= 1.36%
Holding period return of MGM Resorts = (29.16 - 31.54)/31.54
= - 2.38/31.54
= - 7.55%
Get Answers For Free
Most questions answered within 1 hours.