This video explores how risk can be reduced through diversification of stocks and explains how to find the expected value and standard deviation (risk) of a portfolio comprising two stocks:
Steph's Curries LTD and LeBron's Jams LTD
Feel free to download and use the EXCEL spreadsheet I used to create these plots:
https://zstatistics.files.wordpress.com/2016/08/portfolio-diversification.xlsx
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Portfolio Diversification and Optimisation | NatokHD