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Essay text:
High-beta stocks are supposed to be riskier but provide a potential for higher returns while low-beta stocks pose less risk but also lower returns.
To estimate beta, we need the data listed below:
1. To get the historical share price of PMP Ltd go to http://au.yahoo.com/ click “finance” on the left hand of the page then “investing” on the top, then click research on the left side and go to historical price, type in PMP and click “Go” set start date as “Dec 30 2000”, end date as “Dec 30 2005” and choose monthly data, To go directly to the share price information click here...
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