In a paper, analyze your portfolio’s beta and provide an actual calculation (showing the math) of your portfolio’s beta. For the second half of the paper, explain and interpret the portfolio’s beta using the following scenarios:
The Standard & Poor’s Corporation (S&P) experiences a 10% decline from today’s value;
The S&P experiences a 20% increase from today’s value.
Would you consider your portfolio to be a bull or a bear in the above scenarios? Be sure to use the financial formulas. Your paper must be comprehensive and include specific insights as to why your portfolio’s beta reacts to market conditions.