The price of TSN, X, and PM was 34.30, 25.15 and 81 on 1/22/2016. The box below contains prices for stocks TSN, X, and PM over the next three trading days. Do not use excel for this problem.
| Date |
TSN |
X |
PM |
| 1/27/2015 |
34.65 |
25.45 |
80.78 |
| 1/24/2015 |
34.77 |
25.28 |
81.5 |
| 1/23/2015 |
35.46 |
26.34 |
83.54 |
a) Which stock performed the best?
b) Which stock is the most volatile?
c) Which two stocks moved more closely together over this period?
d) Make an argument for buying TSN at the end of trading on 1/27/2014.