, 1992). In this section, it is required to compute the minimum variance frontier (MVF). It is important to select 20 stocks with the data of 61 months. All the stocks which have been selected for this assignment belonging to United States (US) based companies and all of the shares are Blue Chip Shares.
             In statistics and finance, the essence of standard deviation and variance is extremely important and both of these things have their own recognition and importance. Standard Deviation and variance both compute the risk associated with a security (Dag & Von, 2007). Deviation means to deviate, which analyzes that how much the security's return has been deviated from the mean and how it can be made with the portfolio(Dess& Lumpkin, 2007). In Markowitz portfolio theory, the frontier on a chart representing a portfolio with the least amount of volatility and such volatility would be used all along with the analysis of the security and its selection.
             The names of the stocks which have been taken into consideration in this assignment are as follows:
             The analysis of the MVP is cited below in the table, but before the computation of MVP, it is important to compute the mean return as well as the standard deviation of all the selected shares. Computed below table will reveal the return first and then the standard deviation.
             From the analysis, it can be found that there are fewer shares which are in the positive range, while all the other shares are of negative range. Proctor & Gamble (P&G), Apple, Coca Cola, Google, Pepsi Co. and Disney are some of the shares that are showing a positive return, while rests of the shares are of negative return. All of the above mentioned return is showing that financial crisis hit severely on the industries which became a major reason behind all
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