Consider the following annual returns of Estee Lauder and Lowe’s Companies:
Estee Lauder Lowe’s Companies
Year 1 24.7 % ( − 7.0 % )
Year 2 (− 32.0) 17.4
Year 3 18.9 5.5
Year 4 51.2 52.0
Year 5 (− 18.1) (− 22.0)
Compute each stock’s average return, standard deviation, and coefficient of variation. (Round your answers to 2 decimal places.)
Estee Lauder Lowe’s Companies
Average return= % %
Standard deviation= % %
Coefficient of variation=
Which stock appears better?