19) The spreadsheet 1.1W,I_Q19 has weekly data for Apple and Royal Caribbean stocks over a three-year period, and weekly Fama-French Three Factor returns over the same time period.
a) What is the sample correlation between AAPL the fore and RCL. over that period?
h) If one is sitting at the end of the period, what is the forecast for the future correlation between AAPL and RCL. using the Fama-French Three Factor Model,
c) Why is a) bigger or smaller than b
