Tuesday, December 31, 2019
The U.S. Border Patrol - 1104 Words
In 1924, the U.S. Border Patrol started its service for our nation. Although changes have affected nearly every aspect of its operations from its earliest days, the values; professionalism, honor, integrity, respect for human life, and a shared effort, helped shape the Border Patrol from the early years and they still remain the same today. Since the very beginning agents have been patrolling our borders, ââ¬Å"Mounted watchmen of the U.S. Immigration Service patrolled the border in an effort to prevent illegal crossings as early as 1904â⬠(Border Patrol History, web). The agentââ¬â¢s efforts were undertaken only when resources permitted. The inspectors were all out of El Paso, Texas, ââ¬Å"Though they never totaled more than seventy-five, they patrolled as far west as California trying to restrict the flow of illegal Chinese immigrationâ⬠(Border Patrol History, web). In 1915, Congress approved a separate group of Mounted Guards, often called Mounted Inspectors. Most rode on horseback, but a few operated cars and even boats. Although these inspectors had broader arrest authority, they still largely pursued Chinese immigrants trying to avoid the Chinese exclusion laws. The agents were immigrant inspectors, assigned to inspection stations, and could not watch the border at all times, ââ¬Å"Texas Rangers were also often assigned to patrol duties by the state, and their efforts were noted as singularly effectiveâ⬠(Border Patrol History, web). Customs violations and intercepting communications toShow MoreRelatedEssay on Why should the U.S have border patrol?1611 Words à |à 7 Pagesï » ¿United States Border Patrol: Why should the U.S have border patrol? Illegal immigrants have always been a problem in the United States for some time now. ââ¬Å"In October 2008, the illegal immigrant population stood at 11.9 million according to the Pew Hispanic Centerâ⬠(Illegal Immigration Facts Statisticsâ⬠). An efficient border patrol in our country would be a good step in the right direction to stop illegal immigration and the effect it has on our country. Illegal immigrants are at fault for suchRead MorePhl 323 Code of Conduct1676 Words à |à 7 PagesAlex Cardenas Code of Conduct The United States Border Patrol is a federal law enforcement agency and is one of the largest in the world. The purpose of the Border Patrol is to keep terrorists and the weapons terrorists use out of the nationââ¬â¢s borders. In addition, the Border Patrol also serves to ensure that international and trade is conducted in a lawful way (U.S. Department of Homeland Security, 2014). As a federal agency, the Border Patrol is under high public scrutiny. A federal agent thatRead MoreImmigration Act Of The Border1473 Words à |à 6 PagesBorder Patrol began in 1904 when illegal crossings at the border were prevented by seventy five ââ¬Å"mounted guardsâ⬠who were given directives by the U.S immigration service to patrol the border (U.S. Customs and Border Protection, n.d). Patrols were, however, not consistent because of limited resources and little supervision. They attempted to prevent Chinese illegal migration as they patrolled along the border in California. However, from 1915, resources such as horses, cars and boats were added toRead MoreEssay United States Border Patrol1416 Words à |à 6 PagesBorder Patrol The U.S. Border Patrol to me is very important to the United States of America and to me as well. Without the Border Patrol, America would be a goat standing in the middle of a wolf cage. The Border Patrol and their agents border the boundaries of America so we can be safe in our homes. People donââ¬â¢t realize how important any kind of law enforcement is, until the day that they need assistance comes. I donââ¬â¢t take our men and women who protect us Americans; it is something that not everyoneRead MoreBorder Patrol Essay1156 Words à |à 5 Pages United States Border Patrol has been around since 1904 enforcing and regulating laws under the immigration and Nationality Act. U.S. border patrol is now under the Department of Homeland Security, which was created as a response to the attacks of September 11, 2001. Over the years, their jurisdiction and missions have changed to better protect the safety of nation. Although border patrol is a need for any nation, their extensive acceptations to constitutional laws can often be taken advantageRead MoreHomeland Security Chapter 9-10 Essay923 Words à |à 4 Pagesattempts and successes at border patrol. Beginning with the U.S customs and Border Protection, the Border Patrol office has like many other agencies, merged with the DHS following 9/11. The reason is because the Border Patrol is now after 9/11 been concerned with the prevention of terroristââ¬â¢s entry. The Border Patrol also merged with customs, which has a long history with border patrol. The CBP has been charged w ith guarding 7000 miles of U.S Land border. The Border patrol has been very concernedRead MoreMilitarization of the U.S. Essay1637 Words à |à 7 PagesMilitarization of the U.S. Militarization of the U.S. -- Mexico Border By Joan J. Jaimes June 22, 2000 à ¡Corranle, allà viene la migra!, translated into English, this means Run, there comes immigration! This is what illegal immigrants shout everyday when they are about to cross the Rio Grande in search for better lives. Unfortunately, not many get through alive because of the militarization that has developed on the U.S. border with Mexico. Operation Rio Grande continues a process put inRead MoreThe Impact Of Immigration On The United States Essay931 Words à |à 4 Pages Many People can speculate if the U.S.-Mexican border is truly a significant factor for our governmentââ¬â¢s safety or just there wasting money, time and land. By allowing the government to fund the border many improvements could be made. Border Safety, can create a safer border environment by facing the multiple Issues and Challenges, like illegal Immigration, Drug Enforcement, and cross-border Transportation, and Technological imp rovements by Homeland security influence the agents, trying to ceaseRead MoreThe Issue of Mass Illegal Immigration to the United States829 Words à |à 3 PagesSince the 1700ââ¬â¢s the U.S. has been working on and has implemented policies try to restrict and govern the immigrants entering this country. Many immigrants come to America looking for a better way of life than what was destined for them in their native lands. Prior to the events of 9/11, for nearly two decades, America welcomed immigrations to our country with open arms. After 9/11, Americaââ¬â¢s ideals begin to shift pertaining to immigrants, our nationââ¬â¢s safety, and border patrol. America was leftRead MoreBorder Security Through Technology and Manpower Essay1654 Words à |à 7 PagesIt was reported in the San Antonio Express News that ââ¬Å"Border-Patrolling Drones Would Call Texas Base Home.â⬠Lynn Brezosky reported that ââ¬Å"U.S. Customs and Border Protection Commissioner Alan Bersin cut the ribbon for the launch of the nationââ¬â¢s fourth base for operating border surveillance drones.â⬠This is important in securing the U.S.-Mexico border, which the U.S. has an approximate 1,933 mile long border with Mexico (Beaver). Brezosky also reported that ââ¬Å"the Homeland Security budget called for two
Monday, December 23, 2019
My Addiction Assignment On Coffee Essay - 1252 Words
Hamda Awawdeh Psychology 2000 My Addiction I decided to do my addiction assignment on coffee. I have chosen coffee because I can never go a day without it. I usually drink coffee around three times a day, one cup in the morning, one in the afternoon, and one in the evening. My sisters always think that Iââ¬â¢m going overboard with how much coffee I drink. It helps me wake up and feel more energized, which helps me throughout the day. I feel like my coffee addiction started when I began to go to college, because thatââ¬â¢s when my stress level reached its max. I was always over stressed about assignments and tests and coffee was like a stress reliever for me. It would calm my headaches down and help me focus on what I needed to do. Before college, I used to only drink coffee once in a while and I never really relied on it like I do now. Once I wake up in the morning the first thing I do is turn my coffee maker on, and make coffee to start off my day. I usually just drink a cup of coffee for breakfast instead of eating anything. This is a very typical routine for me and itââ¬â¢s been this way for a while, so itââ¬â¢s going to be a very interesting experience to stop for three days. My main fear for giving up coffee for three days is that I know I will be lacking a lot of energy. Without it I always feel very tired and sluggish and I can never focus. I feel like I will be very tempted to drink coffee, but Iââ¬â¢m going to try my best to stop for the next three days. Day one was a MondayShow MoreRelatedAddiction And Recovery Assignment : An Alcoholics Anonymous Meeting1516 Words à |à 7 PagesAddiction and Recovery Assignment: Going To an Alcoholics Anonymous Meeting For this addiction assignment I attended meeting run by the oldest Alcoholics Anonymous group in Auburn, Maine. This group, the Auburn Serenity Group, was founded in 1959. I found this information on their page http://www.csoaamaine.org/groups/5/auburnserenity.htm when researching meeting information. I attended on Wednesday night (10/8/14) at St. Philips Church on Turner Road in Auburn. The meeting was chaired byRead MoreCoffee And The Coffee House1344 Words à |à 6 PagesThe Coffee House Since high school, coffee has been my main source of energy and has helped me spike my adrenaline levels to complete my assignments, in which I usually procrastinated on. I, however, never took the time to actually sit down and enjoy a pleasant conversation over a hot cup of coffee or an espresso, in an actual coffee house setting. Many people see coffee addiction as a serious problem but many coffee addicts will say otherwise. Coffee addicts, myself included, would argue that drinkingRead MoreAttending A Local Alcoholics Anonymous Meeting Essay1120 Words à |à 5 Pagesintruding on someoneââ¬â¢s personal life with my presence, even though I knew I was welcomed since the meeting was listed as ââ¬Å"openâ⬠. Alcohol abuse is a very sensitive topic to me, as someone quite close to me is an alcoholic: my Uncle. I know that he is a recovering alcoholic, but I never quite know what is going on with him because I donââ¬â¢t ask questions and he never shares what he is feeling w ith me. When I was younger, I remember that he was always the life of my family parties, but I know now it was becauseRead MoreEssay on Implications of Internet Usage on Students Attitudes1584 Words à |à 7 PagesOctober to November 1995 through MIMOS study, found there is 20 thousand internet users in Malaysia and increase become 700 thousand in year 2000 and consequently almost four million in year 2004. Consumer can reach everywhere including at restaurant, coffee shop and various places more (Painter, 2001). In the beginning, internet usages are limited to adult. Nowadays, usage internet is unlimited to adult only. The kids also use internet. For example, facebook. Facebook is a social site. ConsumerRead MoreWriting Rehab (Personal Essay)1026 Words à |à 5 Pagesgiven this assignment to describe what kind of writer I am, I panicked. I spent hours staring at a blank page, trying to decide whether to fabricate a story, describe my feelings of inadequacy in the area of writing or simply drop this class. The truth is my past is very blurry, I may have been an excellent writer at one time in my life, but the chances of me remembering that are very slim. So this is not so much a story from my life, it is more of the story of why I canââ¬â¢t remember my life. I wasRead MoreA Anonymous Meeting With Family Or Friends As Their Support Essay1247 Words à |à 5 PagesI have attended Alcoholics Anonymous meetings in the past; I would attend the meetings with family or friends as their support. My earliest experience was around the age of thirteen when I attended the meeting in support of my father. To this day, I donââ¬â¢t forget the story the speaker told us. I listened to a man who spoke of the suffering alcohol and drugs caused his family. He told us about the day he died alone at home with his two young children. The oldest child was seven years old and was ableRead MoreEssay on Profile of a Substance Abuse Counselor1123 Words à |à 5 PagesIntroduction A career path which I am considering for my future is that of a substance abuse counselor. Substance abuse counselors provide assistance and therapy to clients wishing to stop their use and abuse of alcohol and drugs. I am considering this field because of my personal experience with substance abuse and a desire to help others towards recovery, as well. In order to further understand this occupation, an acquaintance who works in the field and who possesses a similar background agreedRead MoreReflection Project Reflection Paper1549 Words à |à 7 Pagesbe gone, but the things we cannot see will last foreverâ⬠(2 Chronicles 4:18). One of the most uncomfortable times for me throughout the five days was trying to explain how I would spend like a person that was poor but in real life I was not poor, to my children. They seemed to have issue with understanding the difference. I felt poor throughout the week because I was turning down opportunities and turning away food that looked so good. Basically, I felt poor because I was sacrificing, although forRead MoreMy Technological Abstinence633 Words à |à 2 Pageswhites grew opaque, fluffed up, and sizzled near the panââ¬â¢s edge. Otherwise the house was surrounded with a disconcerting silence. I drummed my fingers impatiently on the kitchen counter. I glanced at the clock again. 9:00 Am. I sighed. Only an hour had passed since I rolled out of bed, and I was already struggling with this seemingly easy English assignment. Initially I had scoffed at the idea of becoming unplugged when it was introduced in class; I perceived it to be effortless. However, with 23Read MorePersonal And Academic Experience At My Bachelor Degree1550 Words à |à 7 PagesIntroduction Throughout the course at my Bachelor degree, I have realised that communication skill is crucial aspect for any beginnings especially if you are taking this course in different language. Good communication skills is the most important factor to choose an employee. I made a plan for three years in advance; the main objective was to receive Masterââ¬â¢s degree qualification. That time I already knew English (Upper-intermediate level), yet there were certain skills that I had to learn and
Sunday, December 15, 2019
The Tempest as a Power Struggle Between the New and the Old World Free Essays
To what extent do you agree that The Tempest is a power struggle between the old and the new world? Shakespeareââ¬â¢s Plays II Assignment 1 Rocio Corral Garcia 119042576 It is generally accepted that Shakespeareââ¬â¢s Play The Tempest is complex in many senses, but it cannot be denied that it is especially rich in terms of interpretation. A huge variety of critical analyses have been written about Shakespeareââ¬â¢s last play suggesting different possible approaches to it, such as human salvation, magic, colonisation and power. This essay will focus on the struggle between the old and the new world, which is one of the major themes in this play and that can be easily applied to politics and conspiracy in their more broad sense. We will write a custom essay sample on The Tempest as a Power Struggle Between the New and the Old World or any similar topic only for you Order Now Prospero is a European who dominates the island on his own and he is able to do so because he has magic powers. In this way he controls the island and its inhabitants by combining threats of force, promises of freedom and all kind of techniques characteristic of a proper dictator. He takes charge of the island which does not belong to him and exerts his power over the inhabitants, forcing them to serve him as slaves. It is almost impossible to draw a parallelism between this situation and the European colonial power in North America during the XVII century. Thus, it may be assumed that the old world stands for Europe and all its common practices and customs while the new world is represented by the uncivilised island. Throughout the whole play the reader is able to find several occasions in which the struggle between the new and the old world is very noticeable. In the first scene of the play, for example, we find the exchange between Prospero and Miranda talking about what has been left in the old world: dukedom and serving women. For them, living in the island means abandoning all these things and implementing facets of the new world. Miranda has been educated by her father following the old world rules but at the same time she has learned the secrets of the island by Caliban. Caliban is a native of the island who rails against language and is forced to submit. He reveals against all those things related to the old world, since he belongs to the new one. This fighting is constant along the play. Then, on the second act Shakespeare presents the difference between the new and the old world in terms of appearance. That is to say, the green and the light of the new world contrast with the European world. The new world is wild and uncivilised. Gonzalo has his own dream which is labelled as a utopian view of the island. He portrays it without order and hierarchy. In his new world there would not be chaos because everyone will be happy: Iââ¬â¢ the commonwealth I would by contraries Execute all things; for no kind of traffic Would I admit; no name of magistrate; Letters should not be known; riches, poverty, And use of service, none; contract, succession, Bourn, bound of land, tilth, vineyard, none; No use of metal, corn, or wine, or oil; No occupation; all men idle, all; And women too, but innocent and pure; No sovereignty; The reader may acknowledge this as the internal fight men had in this era. Following this scene we find the metaphor of the drunken servant men that come to the island and they imagine that they are able to rule it, thinking that they will secure the loyalty of a native through gifts and the promise of benevolent ruling. This metaphor is made on the basis of a strong parallelism with the real accounts of the colonisation. So, there cannot be any reading of The Tempest without considering it as a study of colonialism. During the colonisation the struggle between the colonizers and the colonized world was a constant feature, so this view support the idea that The Tempest is a clear example of the struggle between the old and the new world. The English colonial project is on Shakespeareââ¬â¢s mind throughout the play, as almost every character, from Gonzalo to Stephano, imagines how he would rule the island if he were its king. Shakespeare seems as well to be influenced by Montagneââ¬â¢s essay ââ¬Å"Of the Cannibalsâ⬠since the name of Prosperoââ¬â¢s servant is Caliban could be an anagram of ââ¬Å"cannibalâ⬠. Prospero stands for the dominant part in his relationship with Caliban and his allusions to him are most the time is contemptuous. Prospero describes Caliban as: ââ¬Å"Devil, a born devil on whose nature, Nurture can never stickâ⬠This description of Caliban is quite similar to those descriptions of the ââ¬Å"savagesâ⬠by Captain John Smith who set the first English settlement in Jamestown, or to those descriptions given by Mary Rowlandson later in the XVII century. These descriptions fit perfectly with Prosperoââ¬â¢s concept of Caliban, so maybe Shakespeareââ¬â¢s intention here is to make a direct link between the current accounts of the colonisation process and the situation of the play. Again, this makes a clear instance that the play wants to portray the confrontation between the old and the new world. This clear struggle in the play between the new and the old world may be emphasized by political themes associated with Calibanââ¬â¢s conspiracy and Prosperoââ¬â¢s colonialist control of the island. This essay will focus now on the political issue of the play. On the one hand, it may be clear that usurpation is the main political theme pervading the play. The possibility of usurpation is precisely what allows Prospero to legitimise and sustain his totalitarism on the island. Paradoxically, he was first usurped from his throne and it is him who repeats that behaviour in the island. Prosperoââ¬â¢s power is proved by Calibanââ¬â¢s resistance. Caliban stands for the main dissident voice in the play. His threatening integration of Prosperoââ¬â¢s rhetoric makes him a dangerous insider to the established system: ââ¬Å"You taught me language, and my profit on ââ¬â¢t Is I know how to curse. The red plague rid you For learning me your language! â⬠Calibanââ¬â¢s use of language illustrates perfectly the potential to resistance contained within power. , and Prosperoââ¬â¢s response to Caliban consists in violent outbursts of rage: ââ¬Å"Hag-seed, hence! Fetch us in fuel. And be quick, thou ââ¬Ërt best, To answer other business. Shrugââ¬â¢st thou, malice? If thou neglectââ¬â¢st or dost unwillingly What I command, Iââ¬â¢ll rack thee with old cramps, Fill all thy bones with aches, make thee roar That beasts shall tremble at thy din. Prosperoââ¬â¢s violence hardly hides his terror at Calibanââ¬â¢s appropriation of his language. On the other hand, the play deals perfectly with the topic of conspiracy, being Caliban its maximum exponent. Caliban resists to Prosperoââ¬â¢s authority, but this authority may be called into question, since Prospero gets it by means of usurpation. Anyway, Calibanââ¬â¢s role is essential in ter ms of resistance; however, by depriving Prospero by his unique discourse, he represents the existence of alternative voices in the island. He exposes three different versions of the past in the island: Calibanââ¬â¢s, Arielââ¬â¢s and Prosperoââ¬â¢s, although it is the latest the one who succeed. Prospero appropriates the past of the island, and he rewrites history according to his own standards, in order to construct a credible narrative. Caliban shows his resistance: ââ¬Å"This islandââ¬â¢s mine, by Sycorax my mother, Which thou takest from meâ⬠Prospero manages to make his version the one to be trusted. He describes Sycorax as the malevolent witch, a chaos and evil, which contrasts with him, the balance. This is another actual clue that asserts the play as the struggle between the new and the old world. Prospero assures that it was Sycorax who imprisoned Ariel and it was him who released Ariel. It seems that Sycorax is dead, since she does not appear on stage, but her presence lurks ominously in the background. Despite her physical absence from the play Sycorax has great importance. In the politics of the play she serves an ideological function as she is constructed as the evil witch, the ââ¬Ëotherââ¬â¢, through which Prosperoââ¬â¢s ownership of the island is legitimised. She is constructed as being the antithesis to Prospero ââ¬â female, non-European and evil ââ¬â and Prospero uses her to justify his acts of dispossession. Prospero shapes the past on his own way. However, the presence of other rivals frightens Prospero, and his anxiety increases as it is shown with his irrational outburst of anger at Calibanââ¬â¢s command of language. Besides, in the island there are different ideological ways of thinking, such as Gonzaloââ¬â¢s political manifesto mentioned above ââ¬Å"No sovereigntyâ⬠(2. 1, 156). Indeed, Gonzaloââ¬â¢s utopia is likely to the real hierarchy in the island, ince there is a king but without sovereignty. Another aspect of the play that may be related to politics is the marriage between Miranda and Ferinand, since it serves as an agreement between the old world, here represented by Ferinand, and the new world, embodied by Miranda. In this way the marriage stands as a peace treaty between both worlds. It might repre sent a political marriage, which were very common during the Elizabethan period. The reader may find another political marriage in the play, since in Act II Alonsoââ¬â¢s daughter marries the king of Tunis against her wishes. But this is not the case of Miranda, since she falls in love to Ferinand at the first glance. However, this marriage is a sort of business because Miranda is a political tool in Prosperoââ¬â¢s plan. Besides, it is very interesting that Miranda is the only female character on an island full of men. She makes possible the reconciliation and redemption of both, Prospero and Alonso. The most important value of Miranda is her chastity which enables the marriage. Virginity is a matter of politics in the play, since with Miranda being not pure the marriage would not be possible. But Prospero makes sure that her daughter is virgin and emphasizes Mirandaââ¬â¢s purity linking her to her mother: Thy mother was a piece of virtue, and She said thou wast my daughter; and thy father Was Duke of Milan, and his only heir And princess no worse issued. Finally, it may be concluded that The Tempest presents different instances of the struggle between the old and the new world, and that Shakespeare draws a strong parallelism with the issue of colonisation and the plot of the play. It might be also acknowledged that there is a final reconciliation between both worlds which is sealed by Miranda and Ferinandââ¬â¢s marriage. Although this play was composed in the XVII century, there are several timeless topics that Shakespeare portrays like political usurpation, conspiracy and struggle for power, that occupy a first place in present day life. Bibliography Primary texts: Shakespeare, William. The Riverside Shakespeare, ed. G. Blakemore Evans. Boston: Houghton Mifflin, 1974 Secondary texts: Free Tempest Essays: ââ¬Å"Relevance of The Tempest Todayâ⬠Retrieved February 26, 2012 from: http://www. 123HelpMe. com/view. asp? id=7486 Gibson, Rex. The Tempest. Cambridge Student Guides. Cambridge: Cambridge University Press,2006. Hamilton, Donna B. Virgil and The Tempest: The Politics of Imitation . Columbus: Ohio State University Press, 1990. Montaigne, Michael de, The Complete Essays. London: Penguin,2003. ââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬âââ¬â [ 1 ]. Gonzaloââ¬â¢s speech. (2. 1,123-32) [ 2 ]. Montagne, Michael de. The Complete Essays. Trans. M. A. Screech. London: Penguin, 2003 [ 3 ]. Prosperoââ¬â¢s description of Caliban (4. 1,188-9) [ 4 ]. Calibanââ¬â¢s speech (1. 2,369-70) [ 5 ]. Prosperoââ¬â¢s speech (1. 2,371-76) [ 6 ]. Calibanââ¬â¢s words (1. 2,334. 5) [ 7 ]. Prosperoââ¬â¢s speech (1. 2,56-59) How to cite The Tempest as a Power Struggle Between the New and the Old World, Essay examples
Saturday, December 7, 2019
Business Finance for Expected Stock Returns and Volatility
Question: Discuss about theBusiness Finance for Expected Stock Returns and Volatility. Answer: Mean Return Mean Return is the sum of all the returns of a certain security in a certain period divided by the number periods (French Schwert, 1987). This measure is important as it is used to determine which company has higher expected return and therefore it can be used by potential investors to make valuable decision on which company to invest. Company with high mean return is preferred by investors as compared to that with low mean return because high mean return means high expected returns to the investor. In the case of News Media Ltd and HR Resources Ltd, HR Resources Ltd will be attractive to the investor as it has a potential return of 0.3391 every month compared to News Media Ltd which has a potential return of 0.1696.However, the two companies mean return is far much below the market mean return which is 38.04.This means that the two companies are not expected to do well when compared to other companies in the market. The Standard Deviation It is a measure of how spread the returns are from the mean return. It is indeed the square root of the variance of the security returns ( Djulbegovic Hozo, 2005). The higher the standard deviation the higher the volatility of the company`s security return and vice versa. The standard deviation for News Media Ltd is 0.96%,this means that the likelihood of actual returns of this security to differ from the mean return is 0.96% and that of HR Resources Ltd is 0.84%.Thus according to the two standard deviation, News Media Ltd is considered more volatile than HR Resources Ltd and risker. The Coefficient Of Variation It is the ratio of standard deviation to the Mean (Brigham Houston, 2012). This measurement is useful when one wants to compare the outcomes from two scenarios or companies. For example the coefficient of variation of 5.68% in the case of New Media Ltd indicates that the returns for this company have a variation of 5.68% relative to the Mean and that for HR Resources Ltd has a variation of 2.47% relative to its Mean. Therefore New Media Ltd has more variation, relative to its Mean. This means that New Media Ltd is more risky compared to HR Resources Ltd. The Correlation Coefficient It measures the degree to which two factor`s movements are related (Mukaka, 2012). The range for correlation coefficient is -1 to 1.A value of -1 denotes a ``perfect negative correlation and that of 1 denotes a ``perfect positive correlation.The correlation between New Media Ltd and HR Resources Ltd is -0.45.This means that there exist weakly negative correlation between the two companies. Standard Deviation Of Returns For A Portfolio It measures how spread the funds returns are from the expected normal returns of a two or more combined stocks (Duchin Levy, 2009). The deviation in this case for New Media Ltd and HR Resources Ltd is -0.11.This means that deviation in case of a portfolio is less than of holding individual stock. Thus holding a portfolio of the two stocks would be less risky than holding individual stock. Beta Coefficient It measures how the sensitive the share price is to the movement in the market price. It is the best measure of systematic risk (Fabozzi Francis,1978). It is prevalently used in capital asset pricing model to get required rate of return. A beta of -1.29 for New Media Ltd indicates that this security has a risk and return that is below the average (the market risk and return).For HR Resources Ltd a beta of 2.55 indicates that this security has a risk and return that is above the average. Thus New Media Ltd has a lower risk and return while HR Resources Ltd has a higher risk and return. References French, K.R., Schwert, G.W., 1987. Expected stock returns and volatility. Journal of financial Economics, 19(1), pp.3-29. Djulbegovic, B. and Hozo, I., 2005. Estimating the mean and variance from the median, range, and the size of a sample. BMC medical research methodology, 5(1), p.13. Brigham, E.F. and Houston, J.F., 2012. Fundamentals of financial management. Cengage Learning. Mukaka, M.M., 2012. A guide to appropriate use of correlation coefficient in medical research. Malawi Medical Journal, 24(3), pp.69-71. Duchin, R. and Levy, H., 2009. Markowitz versus the Talmudic portfolio diversification strategies. The Journal of Portfolio Management, 35(2), pp.71-74. Fabozzi, F.J. and Francis, J.C., 1978. Beta as a random coefficient. Journal of Financial and Quantitative Analysis, 13(1), pp.101-116.
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