International Investing Project - International finance

Internal Code: MAS6792

International finance:

Questions: 1) Determine whether the performance of each of your Australia-based MNCs is driven by the Australian market. Go to the site https://au.finance.yahoo.com/ and insert the symbol for your stock. Once the quote is provided, click on Interactive Chart. Then, click on Compare and type ^AXJO (ASX 200) to assess the relationship between the Australian market index movements and the stock’s price movements. Explain whether the stock’s price movements appear to be driven by Australian market conditions. Repeat this task for each Australia based MNC in which you invested. 2) Determine whether the performance of each of your foreign stocks is driven by the corresponding market where the company is based. First, go to the site https://au.finance.yahoo.com/world- indices and look up the symbol for the country index of concern. For example, Shanghai Composite’s index is 000001.SS. Next, go to https://au.finance.yahoo.com/ and insert the symbol for your stock. Click on Interactive Chart. Then, click on Compare and type the symbol for your index to assess the relationship between the market index movements and the stock’s price 3) Determine whether your foreign stock prices are highly correlated. Repeat the process just described, except insert the symbol representing one of the foreign stocks you own in the box below the chart. 4) Determine whether your foreign stock’s performance is driven by the Australian market (using the S&P/ASX 200 as a market proxy). Erase the symbol you typed into the box below the chart, and click on S&P just to the right.