1. Calculate daily S&P500 index returns and daily cumulative returns over the sample period (Jan.2,2019,...

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Accounting

1. Calculate daily S&P500 index returns and daily cumulative returns over the sample period (Jan.2,2019, to Dec 28,2023):
2. Compute daily cumulative returns:
3) Calculate the mean and standard deviation of daily returns.
4) Plot the cumulative returns over the sample period (X-axis: Date, Y-axis: Cumulative Return).
5) Explain the plot by identifying trends, significant events, or periods of high volatility.
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