Asses Ments 2

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Figure 1

Daily stock Returns


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22 22 22 22 22 22 22 22 22 22 22 22 22 22 22 22 22 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23 23
/ 20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20
1 2 3 3 4 5 5 6 7 8 9 0 0 1 2 3 4 4 5 6 6 7 8 1 2 2 3 4 5 6 7 7 8 9
7/ 7/1 7/2 8/ 8/1 8/2 9/ 9/1 9/2 10/ 0/1 0/3 1/1 1/2 12/ 2/1 2/2 1/ 1/1 1/2 2/ 2/1 2/2 3/1 3/2 4/ 4/1 4/2 5/ 5/1 5/2 6/ 6/1 6/2
1 1 1 1 1 1

RIC Returns TSN_Returns MRD_Returns


INRG_Returns HRL_Returns PPC_Returns

The figure 1 above shows daily returns of stocks for the following companies; Ridley Corporation Ltd
(RIC), Tyson Foods Inc (TSN), Medadvisor Ltd (MDR), Ingredion Incorporated (INGR), Hormel Foods
Corporation (HRL) and Peet Ltd (PPC). The data is drawn from the AU.INVESTING.COM on August 19,
2023 – 12.01 pm. The dataset sample starts from July 1, 2022 to June 30,2023

Table1: Descriptive statistics

Daily returns
Descriptives RIC TSN MRD INRG HRL PPC
Mean 0.00131 -0.14634 2.21E-05 0.072986 -0.03523 0.001425
Median 0 -0.05987 0 0.083657 -0.00962 0
0.03863
Standard Deviation 7 1.154732 0.000435 1.233796 0.529248 0.02897
0.00149
Sample Variance 3 1.333405 1.89E-07 1.522253 0.280103 0.000839
0.79636
Kurtosis 8 14.70697 2.048993 1.779739 5.905787 0.486626
Skewness 0.29926 -2.4407 0.908888 0.764337 -1.03697 0.3094
Range 0.25488 10.76388 0.0025 7.957458 5.132088 0.16196
Minimum -0.13923 -8.32479 -0.001 -3.08196 -3.08189 -0.07019
Maximum 0.11565 2.439082 0.0015 4.875498 2.0502 0.09177
Count 226 226 226 226 226 226
Confidence 0.00506
Level(95.0%) 4 0.151362 5.7E-05 0.161726 0.069374 0.003797

The table 1 above show the descriptive statistics of daily returns of stocks for the following
companies; Ridley Corporation Ltd (RIC), Tyson Foods Inc (TSN), Medadvisor Ltd (MDR), Ingredion
Incorporated (INGR), Hormel Foods Corporation (HRL) and Peet Ltd (PPC). The data is drawn from the
AU.INVESTING.COM on August 18, 2023 – 12.01 Pm. The dataset sample starts from July 1, 2022 to
June 30 ,2023. The table includes the following variables: Mean, Median, Standard Deviation, Sample
Variance, Kurtosis, Skewness, Range, Minimum, Maximum, Count and Confidence level (95.0%).

Table 2: Correlation

RIC
Retur TSN_Retur MRD_Retur INRG_Retur HRL_Retur PPC_Retur
ns ns ns ns ns ns
RIC Returns 100%
TSN_Returns -3% 100%
MRD_Returns 0% -10% 100%
INRG_Returns -8% 29% -2% 100%
HRL_Returns 0% 32% -20% 32% 100%
PPC_Returns 6% -14% -11% 1% 0% 100%

The table 2 above show the correlation of monthly returns of stocks for the following companies;
Ridley Corporation Ltd (RIC), Tyson Foods Inc (TSN), Medadvisor Ltd (MDR), Ingredion Incorporated
(INGR), Hormel Foods Corporation (HRL) and Peet Ltd (PPC) from the AU.INVESTING.COM on August
19, 2023 – 12.01PM. The dataset sample starts from July 1, 2022 to June 31,2023. Overall, we see
that there is no significant correlation for all the companies stock returns since non surpasses the
±50% threshold for them to be considered correlating. However, there is a fairly weak positive
correlation between Tyson Foods Inc (TSN) and Hormel Foods Corporation (HRL) of 32%.

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