Task 2 (7) Exemplo Execel to Send

8/12/2019 Task 2 (7) Exemplo Execel to Send

1/85

Date Adj Close Return = (pt/pt-1) Date Adj Close

1/1/2008 398.45 1/1/2008 981

2/1/2008 413.02 0.035913998 2/1/2008 930

3/3/2008 435.16 0.052217762 3/3/2008 937.5

4/1/2008 417.31 -0.041884429 4/1/2008 889

5/1/2008 370.51 -0.118948916 5/1/2008 798

6/2/2008 299.83 -0.211664788 6/2/2008 554.5

7/1/2008 284.88 -0.051147608 7/1/2008 534.5

8/1/2008 303.75 0.064136956 8/1/2008 550

9/1/2008 226.5 -0.29346005 9/1/2008 395

10/1/2008 197.8 -0.135488526 10/1/2008 235

11/3/2008 168 -0.16329244 11/3/2008 149.75

12/1/2008 126 -0.287682072 12/1/2008 85

1/1/2009 90.7 -0.32872455 1/1/2009 62.25

2/2/2009 58.3 -0.441955264 2/2/2009 23

3/2/2009 70.7 0.19284348 3/2/2009 52

4/1/2009 112 0.460053298 4/1/2009 78

5/1/2009 68 -0.498991166 5/1/2009 165.256/1/2009 69.93 0.027987037 6/1/2009 168.5

7/1/2009 85 0.195156515 7/1/2009 200.25

8/3/2009 111.34 0.269937326 8/3/2009 273

9/1/2009 103.7 -0.071086468 9/1/2009 342

10/1/2009 87.03 -0.175249228 10/1/2009 171.5

11/2/2009 55.15 -0.456196141 11/2/2009 162

12/1/2009 50.69 -0.084328093 12/1/2009 132

1/4/2010 51.2 0.01001088 1/4/2010 132.5

2/1/2010 52.5 0.025073638 2/1/2010 100

3/1/2010 62.77 0.178664083 3/1/2010 160

4/1/2010 66.13 0.052145249 4/1/2010 1685/3/2010 56.62 -0.155260222 5/3/2010 74

6/1/2010 53.7 -0.052949278 6/1/2010 67

7/1/2010 69.26 0.254454537 7/1/2010 83.8

8/2/2010 69.49 0.003315318 8/2/2010 75.6

9/1/2010 74.12 0.064502544 9/1/2010 61.9

10/1/2010 68.94 -0.07244884 10/1/2010 53.6

11/1/2010 60.41 -0.132081907 11/1/2010 31.6

12/1/2010 65.7 0.083944271 12/1/2010 40

1/4/2011 63.18 -0.03911113 1/4/2011 30.6

2/1/2011 61.96 -0.01949878 2/1/2011 34.5

3/1/2011 58.09 -0.064495484 3/1/2011 224/1/2011 59.25 0.019772248 4/1/2011 27.8

5/3/2011 52 -0.130522061 5/3/2011 13.9

6/1/2011 49 -0.05942342 6/1/2011 11.7

7/1/2011 43.35 -0.122513595 7/1/2011 10.5

8/1/2011 33.6 -0.254780636 8/1/2011 8.7

9/1/2011 34.87 0.037100794 9/1/2011 7.8

10/3/2011 32.49 -0.070694511 10/3/2011 10.4

11/1/2011 24.83 -0.26887975 11/1/2011 9.1

Lioyds Banking Bank of Lreland (BKIR


2/85

12/1/2011 25.91 0.042576395 12/1/2011 8.3

1/2/2012 30.62 0.167024396 1/2/2012 11.4

2/1/2012 34.94 0.131978914 2/1/2012 13.5

3/1/2012 33.6 -0.039106238 3/1/2012 12.4

4/2/2012 31.01 -0.080216334 4/2/2012 11.2

5/1/2012 25.38 -0.200348271 5/1/2012 8.9

6/1/2012 31.1 0.203246357 6/1/2012 9.9

7/2/2012 30.35 -0.024411302 7/2/2012 10

8/1/2012 33.31 0.093061135 8/1/2012 8.7

9/3/2012 38.83 0.153335492 9/3/2012 9.7

10/1/2012 40.58 0.044082191 10/1/2012 9.2

11/1/2012 46.49 0.135961901 11/1/2012 11.2

12/3/2012 47.92 0.030295718 12/3/2012 11.3

1/1/2013 51.66 0.075150834 1/1/2013 14.3

2/1/2013 53.7 0.038729214 2/1/2013 13.5


3/85

Return = (pt/pt-1) Date Adj Close Return = (pt/pt-1)

1/1/2008 13.01

-0.053387873 2/1/2008 12.8 -0.016273122

0.008032172 3/3/2008 13.01 0.016273122

-0.053119522 4/1/2008 12.37 -0.050444106

-0.107988638 5/1/2008 13.44 0.082961149

-0.364041791 6/2/2008 11.09 -0.192191534

-0.036735076 7/1/2008 10.66 -0.039545383

0.028586548 8/1/2008 11.3 0.058304307

-0.331032513 9/1/2008 8.53 -0.281213364

-0.519300251 10/1/2008 7.68 -0.104969814

-0.450618277 11/3/2008 6.82 -0.118760075

-0.566315981 12/1/2008 4.02 -0.528577569

-0.311492721 1/1/2009 4.05 0.007434978

-0.995664319 2/2/2009 3.67 -0.098525219

0.815749503 3/2/2009 2.47 -0.395973511

0.405465108 4/1/2009 4.91 0.687055791

0.750750652 5/1/2009 6.18 0.230044330.019476271 6/1/2009 6.4 0.034979719

0.172630836 7/1/2009 5.33 -0.182946752

0.309905209 8/3/2009 7.89 0.392244897

0.225338942 9/1/2009 8.74 0.102314055

-0.69022747 10/1/2009 8.52 -0.025493849

-0.056986931 11/2/2009 10.24 0.183885279

-0.204794413 12/1/2009 11.52 0.117783036

0.003780723 1/4/2010 11.3 -0.01928193

-0.281412459 2/1/2010 13.22 0.156928109

0.470003629 3/1/2010 17.7 0.291833805

0.048790164 4/1/2010 18.14 0.024554805-0.819898886 5/3/2010 14.65 -0.213679109

-0.099372474 6/1/2010 13.55 -0.078053788

0.223740388 7/1/2010 16.18 0.177389364

-0.102976724 8/2/2010 14.86 -0.085102872

-0.199936103 9/1/2010 17.92 0.187244368

-0.143971112 10/1/2010 23.39 0.266391173

-0.528391947 11/1/2010 20.77 -0.118798943

0.235722334 12/1/2010 22.8 0.093250898

-0.267879445 1/4/2011 27.82 0.198994651

0.119959315 2/1/2011 27.36 -0.016673094

-0.449916871 3/1/2011 27.7 0.012350320.233993567 4/1/2011 29.3 0.056155103

-0.693147181 5/3/2011 28.27 -0.035786344

-0.172299998 6/1/2011 26.68 -0.057886951

-0.108213585 7/1/2011 23.03 -0.147116507

-0.188052232 8/1/2011 21.43 -0.072005904

-0.109199292 9/1/2011 19.27 -0.106242327

0.287682072 10/3/2011 23.03 0.178248231

-0.133531393 11/1/2011 23.48 0.019351281

.L) Skywest Airlines LTd


4/85

-0.092018899 12/1/2011 25.87 0.096935001

0.317357841 1/2/2012 24.9 -0.038216193

0.16907633 2/1/2012 24.9 0

-0.084993213 3/1/2012 24.17 -0.029755609

-0.101782694 4/2/2012 22.33 -0.079181129

-0.229862502 5/1/2012 20.99 -0.061884932

0.10648348 6/1/2012 18.8 -0.110189264

0.010050336 7/2/2012 17.09 -0.095363373

-0.139262067 8/1/2012 19.41 0.1272949

0.10880286 9/3/2012 18.31 -0.058341038

-0.052922401 10/1/2012 26.12 0.355253946

0.196710294 11/1/2012 27.38 0.047111515

0.008888947 12/3/2012 26.75 -0.023278347

0.235456812 1/1/2013 29.12 0.08489075

-0.057569852 2/1/2013 28.88 -0.008275909


5/85


1/1/2008 379.75 1/1/2008 212.25

2/1/2008 315.5 -0.185354459 2/1/2008 194.25

3/3/2008 275.5 -0.135571053 3/3/2008 195.93

4/1/2008 294.25 0.065842118 4/1/2008 198

5/1/2008 272 -0.07862768 5/1/2008 183.03

6/2/2008 279.75 0.028094281 6/2/2008 170.34

7/1/2008 244 -0.136728122 7/1/2008 169.75

8/1/2008 252 0.032260862 8/1/2008 198.27

9/1/2008 226 -0.108894088 9/1/2008 181.28

10/1/2008 278 0.207086114 10/1/2008 153.73

11/3/2008 292.25 0.049988487 11/3/2008 162.35

12/1/2008 305 0.042702176 12/1/2008 169.15

1/1/2009 286 -0.064319966 1/1/2009 164.55

2/2/2009 296.75 0.036898223 2/2/2009 169.95

3/2/2009 289.75 -0.023871551 3/2/2009 179.75

4/1/2009 328.25 0.124757031 4/1/2009 201.34

5/1/2009 357 0.083960269 5/1/2009 192.396/1/2009 330.2 -0.07803725 6/1/2009 216.43

7/1/2009 314.95 -0.047284635 7/1/2009 261.51

8/3/2009 311.25 -0.011817448 8/3/2009 260.02

9/1/2009 342.75 0.096404871 9/1/2009 226.45

10/1/2009 295 -0.150025962 10/1/2009 242.61

11/2/2009 275.25 -0.069295581 11/2/2009 248.8

12/1/2009 329.7 0.180503374 12/1/2009 238.91

1/4/2010 334.25 0.013706066 1/1/2010 216.5

2/1/2010 351 0.048897007 2/1/2010 215.65

3/1/2010 368 0.047296715 3/1/2010 229.18

4/1/2010 372.5 0.0121541 4/1/2010 233.165/3/2010 328.75 -0.124939454 5/3/2010 221.17

6/1/2010 360 0.090806448 6/1/2010 188.26

7/1/2010 381.5 0.058006819 7/1/2010 209.76

8/2/2010 385.8 0.01120825 8/2/2010 191.86

9/1/2010 391.5 0.014666415 9/1/2010 180.8

10/1/2010 413.2 0.053946222 10/1/2010 192.21

11/1/2010 385.1 -0.070428696 11/1/2010 180.94

12/1/2010 375 -0.026577015 12/1/2010 169.18

1/3/2011 363.6 -0.030871664 1/4/2011 193.77

2/1/2011 335.5 -0.080432406 2/1/2011 197.9

3/1/2011 333 -0.007479466 3/1/2011 173.314/1/2011 346.6 0.040028887 4/1/2011 197.36

5/2/2011 354 0.021125536 5/3/2011 202.02

6/1/2011 355.4 0.003947003 6/1/2011 153.82

7/1/2011 317 -0.114342142 7/1/2011 127.42

8/1/2011 313 -0.012698583 8/1/2011 119.8

9/1/2011 331.8 0.058329187 9/1/2011 105.62

10/3/2011 340.5 0.025882748 10/3/2011 94.06

11/1/2011 380 0.109756127 11/1/2011 88.81

Ryanair Holdings PLC Home Retail Group P


6/85

12/1/2011 362.7 -0.046595206 12/1/2011 82.67

1/2/2012 415.1 0.134943409 1/2/2012 106.46

2/1/2012 410.5 -0.011143526 2/1/2012 101.1

3/1/2012 448 0.087417304 3/1/2012 113

4/2/2012 425.5 -0.051528284 4/2/2012 105.66

5/1/2012 405 -0.049377881 5/1/2012 77.36

6/1/2012 400 -0.01242252 6/1/2012 83.38

7/2/2012 397 -0.007528266 7/2/2012 76.82

8/1/2012 417.8 0.051066568 8/1/2012 93.02

9/3/2012 441.9 0.056080763 9/3/2012 88.32

10/1/2012 446 0.00923534 10/1/2012 113.1

11/1/2012 473.8 0.06046634 11/1/2012 111.7

12/3/2012 469.2 -0.009756175 12/3/2012 126.7

1/1/2013 549.1 0.157251458 1/1/2013 120

2/1/2013 565 0.028545157 2/1/2013 125.5


7/85

Return = (pt/pt-1) Date Adj Close Return = (pt/pt-1)

1/1/2008 257.86

-0.088618836 2/1/2008 256.35 -0.005873104

0.008611463 3/3/2008 236.32 -0.081356879

0.010509578 4/1/2008 250.45 0.058072481

-0.078616957 5/1/2008 255.7 0.020745582

-0.071853634 6/2/2008 232.75 -0.094039966

-0.003469673 7/1/2008 226.41 -0.027617401

0.155302972 8/1/2008 246.96 0.086878865

-0.089586941 9/1/2008 225.98 -0.08877988

-0.16484498 10/1/2008 231.27 0.023139359

0.054556682 11/3/2008 212.64 -0.083985264

0.041031397 12/1/2008 245.74 0.144673471

-0.02757142 1/1/2009 237.41 -0.034485462

0.032289801 2/2/2009 226.45 -0.047264434

0.05606272 3/2/2009 224.04 -0.010699563

0.113428025 4/1/2009 216.37 -0.034834702

-0.045470459 5/1/2009 216.72 0.0016162930.117742608 6/1/2009 211.79 -0.02301098

0.189205354 7/1/2009 241.35 0.130652944

-0.005713973 8/3/2009 248.06 0.02742249

-0.138234381 9/1/2009 249.3 0.004986338

0.068931046 10/1/2009 251.73 0.009700094

0.025194145 11/2/2009 247.5 -0.016946503

-0.040562449 12/1/2009 249.39 0.007607354

-0.098496365 1/4/2010 259.91 0.041317481

-0.003933824 2/1/2010 268.36 0.031993945

0.060850998 3/1/2010 263.86 -0.016910703

0.017217192 4/1/2010 261.08 -0.010591786-0.052793277 5/3/2010 243.4 -0.070120693

-0.16110765 6/1/2010 245.15 0.007164088

0.108140034 7/1/2010 244.13 -0.004169398

-0.089198081 8/2/2010 267.17 0.09018429

-0.059374491 9/1/2010 273.52 0.023489585

0.061197076 10/1/2010 271.77 -0.006418625

-0.06042304 11/1/2010 251.6 -0.077115596

-0.067202248 12/1/2010 247.53 -0.016308738

0.135708652 1/4/2011 246.51 -0.004129226

0.021089964 2/1/2011 256.04 0.037931122

-0.132679954 3/1/2011 255.3 -0.0028943580.129947574 4/1/2011 272.69 0.065896295

0.02333723 5/3/2011 288.7 0.057052468

-0.272583615 6/1/2011 283.09 -0.019623218

-0.188294371 7/1/2011 276.62 -0.023120145

-0.061665031 8/1/2011 274.81 -0.006564773

-0.125975938 9/1/2011 279.28 0.016134913

-0.115914871 10/3/2011 290.53 0.039491978

-0.05743362 11/1/2011 309.56 0.063445093

LC WM Morrison PLC


8/85

-0.071642477 12/1/2011 313.6 0.012966354

0.252912548 1/2/2012 274.95 -0.131529026

-0.051659202 2/1/2012 278.8 0.013905416

0.111277693 3/1/2012 286.49 0.027208953

-0.067161427 4/2/2012 269.76 -0.060170957

-0.311756541 5/1/2012 272.95 0.011755953

0.074938621 6/1/2012 262.97 -0.037248671

-0.08194345 7/2/2012 274.03 0.041197632

0.191349501 8/1/2012 276.7 0.009696297

-0.051847941 9/3/2012 285.2 0.030256802

0.247305801 10/1/2012 267.9 -0.062576912

-0.012455677 11/1/2012 268.8 0.003353832

0.126005381 12/3/2012 263 -0.021813576

-0.054330345 1/1/2013 251 -0.046701093

0.044814016 2/1/2013 259 0.031375123


9/85


1/1/2008 155.92 1/1/2008 32.7

2/1/2008 183.05 0.160416284 2/1/2008 32.52

3/3/2008 198.27 0.079870399 3/3/2008 32.33

4/1/2008 236.13 0.174752763 4/1/2008 35.68

5/1/2008 257.59 0.086986673 5/1/2008 32.7

6/2/2008 226.76 -0.127476984 6/2/2008 30.78

7/1/2008 279.5 0.209110103 7/1/2008 28.04

8/1/2008 270.61 -0.032323623 8/1/2008 30.78

9/1/2008 269.4 -0.004481406 9/1/2008 16.47

10/1/2008 248.8 -0.079547903 10/1/2008 14.12

11/3/2008 290 0.153231562 11/3/2008 9.41

12/1/2008 250.84 -0.145065637 12/1/2008 11.02

1/1/2009 260.68 0.038478316 1/1/2009 12.65

2/2/2009 270.52 0.037052431 2/2/2009 13.26

3/2/2009 248.38 -0.085386201 3/2/2009 14.28

4/1/2009 241.82 -0.026766184 4/1/2009 22.04

5/1/2009 227.27 -0.06205491 5/1/2009 22.246/1/2009 235.68 0.036336215 6/1/2009 21.02

7/1/2009 240.37 0.01970445 7/1/2009 24.35

8/3/2009 249.78 0.038401128 8/3/2009 23.72

9/1/2009 271.17 0.0821654 9/1/2009 31.34

10/1/2009 260.69 -0.039413969 10/1/2009 34.31

11/2/2009 245.5 -0.060035015 11/2/2009 35.58

12/1/2009 261.6 0.063519672 12/1/2009 37.69

1/4/2010 263.58 0.007540308 1/1/2010 46.9

2/1/2010 264.46 0.003333084 2/1/2010 40.9

3/1/2010 261.82 -0.010032766 3/1/2010 41.97

4/1/2010 274.12 0.045908722 4/1/2010 40.265/3/2010 277.42 0.011966637 5/3/2010 41.12

6/1/2010 297.84 0.071023826 6/1/2010 39.73

7/1/2010 333.66 0.113566081 7/1/2010 42.81

8/2/2010 337.78 0.012272286 8/2/2010 40.83

9/1/2010 354.69 0.048849373 9/1/2010 46.76

10/1/2010 356.52 0.005146171 10/1/2010 43.03

11/1/2010 374.8 0.050002211 11/1/2010 45

12/1/2010 423.65 0.122515092 12/1/2010 52.41

1/4/2011 423.65 0 1/4/2011 51.51

2/1/2011 437.61 0.03242046 2/1/2011 57.11

3/1/2011 425.04 -0.029144821 3/1/2011 55.094/1/2011 454.37 0.066728562 4/1/2011 55.32

5/3/2011 524.21 0.142980523 5/3/2011 65.84

6/1/2011 619.18 0.166503655 6/1/2011 71.97

7/1/2011 655.59 0.057139572 7/1/2011 74.75

8/1/2011 650.83 -0.007287122 8/1/2011 67.58

9/1/2011 685.04 0.051228759 9/1/2011 65.22

10/3/2011 704.99 0.028706388 10/3/2011 67.58

11/1/2011 772.21 0.091072915 11/1/2011 69.43

Telecom plus PLC Kcom Group P


10/85

12/1/2011 744.29 -0.03682579 12/1/2011 66.06

1/2/2012 650.41 -0.134827811 1/2/2012 67.1

2/1/2012 590.71 -0.09627773 2/1/2012 65.59

3/1/2012 666.3 0.120414816 3/1/2012 69.37

4/2/2012 658.11 -0.012367929 4/2/2012 67.01

5/1/2012 714.92 0.082798558 5/1/2012 63.61

6/1/2012 820.36 0.13757262 6/1/2012 70.06

7/2/2012 785.15 -0.043868486 7/2/2012 76.63

8/1/2012 819.03 0.042245931 8/1/2012 76.43

9/3/2012 831.3 0.014870027 9/3/2012 80.5

10/1/2012 834.74 0.004129559 10/1/2012 74.47

11/1/2012 875 0.047103587 11/1/2012 67.02

12/3/2012 924.5 0.055029164 12/3/2012 71.58

1/1/2013 968.5 0.046495432 1/1/2013 71.9

2/1/2013 996 0.027998775 2/1/2013 79.05


11/85

Return = (pt/pt-1) Date Adj Close Return = (pt/pt-1) Date

1/1/2008 694.06 1/1/2008

-0.005519793 2/1/2008 928.41 0.290915033 2/1/2008

-0.005859693 3/3/2008 887.85 -0.044670636 3/3/2008

0.098594716 4/1/2008 1081.65 0.197440122 4/1/2008

-0.08721523 5/1/2008 1315.1 0.195425055 5/1/2008

-0.060509949 6/2/2008 1201.53 -0.090316964 6/2/2008

-0.093233066 7/1/2008 950.95 -0.233889539 7/1/2008

0.093233066 8/1/2008 905.88 -0.048554638 8/1/2008

-0.625324584 9/1/2008 458.37 -0.681230129 9/1/2008

-0.153948312 10/1/2008 280.7 -0.490390235 10/1/2008

-0.405819278 11/3/2008 252.56 -0.105637639 11/3/2008

0.15793885 12/1/2008 299.53 0.170565735 12/1/2008

0.137945411 1/1/2009 288.19 -0.038594595 1/1/2009

0.04709477 2/2/2009 302.48 0.048395175 2/2/2009

0.074107972 3/2/2009 409.59 0.3031415 3/2/2009

0.433999027 4/1/2009 556.12 0.305827439 4/1/2009

0.009033485 5/1/2009 606.6 0.086885497 5/1/2009-0.056418104 6/1/2009 611.74 0.00843776 6/1/2009

0.147057484 7/1/2009 807.08 0.27711544 7/1/2009

-0.026213275 8/3/2009 811.9 0.005954384 8/3/2009

0.278576663 9/1/2009 822.69 0.013202279 9/1/2009

0.09054162 10/1/2009 782.33 -0.050302813 10/1/2009

0.036346825 11/2/2009 808.62 0.033052445 11/2/2009

0.057611125 12/1/2009 858.83 0.060241907 12/1/2009

0.218622868 1/1/2010 853.2 -0.006577011 1/1/2010

-0.136887612 2/1/2010 963.96 0.122055813 2/1/2010

0.025825014 3/1/2010 1122.6 0.152352903 3/1/2010

-0.041596657 4/1/2010 1154.62 0.028123862 4/1/20100.021136201 5/3/2010 945.54 -0.199770372 5/3/2010

-0.034388051 6/1/2010 810.87 -0.153648448 6/1/2010

0.07466515 7/1/2010 853.72 0.051495526 7/1/2010

-0.047354615 8/2/2010 806.37 -0.057060577 8/2/2010

0.135611031 9/1/2010 873.41 0.079862396 9/1/2010

-0.08313059 10/1/2010 827.77 -0.053669752 10/1/2010

0.044764943 11/1/2010 835.37 0.009139402 11/1/2010

0.152434923 12/1/2010 996.55 0.176424574 12/1/2010

-0.017321449 1/4/2011 957.56 -0.039910932 1/3/2011

0.103203269 2/1/2011 917.15 -0.043117347 2/1/2011

-0.036011021 3/1/2011 901.09 -0.017665894 3/1/20110.004166295 4/1/2011 877.03 -0.027063942 4/1/2011

0.17409305 5/3/2011 813.53 -0.075158396 5/2/2011

0.089021809 6/1/2011 751.95 -0.078712971 6/1/2011

0.037899847 7/1/2011 743.29 -0.011583554 7/1/2011

-0.100837131 8/1/2011 666.83 -0.108551137 8/1/2011

-0.035545911 9/1/2011 563.68 -0.168048426 9/1/2011

0.035545911 10/3/2011 643.37 0.132233272 10/3/2011

0.027006969 11/1/2011 649.72 0.009821514 11/1/2011

LC Eurasian Natural Resources Corp


12/85

-0.049755631 12/1/2011 621.37 -0.044614783 12/1/2011

0.015620624 1/2/2012 675.15 0.083008171 1/2/2012

-0.022760799 2/1/2012 684.92 0.014367155 2/1/2012

0.056031252 3/1/2012 585.88 -0.156187053 3/1/2012

-0.034612635 4/2/2012 553.24 -0.057323087 4/2/2012

-0.052071171 5/1/2012 417.78 -0.280836926 5/1/2012

0.096581327 6/1/2012 410.76 -0.016945876 6/1/2012

0.089636627 7/2/2012 388.61 -0.055432832 7/2/2012

-0.002613356 8/1/2012 301.9 -0.252480433 8/1/2012

0.051881895 9/3/2012 308.7 0.022274095 9/3/2012

-0.077860825 10/1/2012 327.7 0.059728624 10/1/2012

-0.105405277 11/1/2012 270.2 -0.19293613 11/1/2012

0.065824623 12/3/2012 284 0.049811813 12/3/2012

0.004460559 1/1/2013 329.8 0.149512172 1/1/2013

0.094804299 2/1/2013 338.4 0.025742218 2/1/2013


13/85

Adj Close Return = (pt/pt-1)

65.11

68.97 0.05759348

71.94 0.042160811

79.55 0.100553317

85.44 0.07142862

82.12 -0.039632783

69.55 -0.166135674

75.6 0.083410365

52.6 -0.362740163

40.72 -0.255996748

42.9 0.052152454

51.15 0.175890666

46.2 -0.101782694

49.78 0.074633499

55.21 0.103530799

54.4 -0.014779942

63.21 0.15009836359.45 -0.061326893

60.82 0.022783059

63.64 0.045323521

70.75 0.105910333

67.07 -0.053415686

78.18 0.15327701

844.26 2.379446644

825 -0.023077118

848.84 0.028487325

1058.52 0.220756274

1018.7 -0.0383444011022.76 0.003977551

1053.24 0.029366272

1184.95 0.117829452

1186.49 0.001298789

1151.44 -0.029986036

979.58 -0.161644704

981.13 0.00158106

1066.12 0.0830762

1051.69 -0.013627496

1084.17 0.030416323

1173.03 0.0787754281147.12 -0.022335691

1119.99 -0.023934697

1052.98 -0.061695517

938.73 -0.114851621

849.87 -0.099444501

712.55 -0.176233311

747.8 0.048285477

691.23 -0.078662943

airn Energy PLC


14/85

673.44 -0.026073714

715.33 0.06034507

344.2 -0.731521091

323.1 -0.063261011

343.8 0.06209822

285.5 -0.185818064

264.9 -0.074889633

286.9 0.079781327

287 0.000348493

275.1 -0.042347548

280.3 0.01872579

268.7 -0.042264943

264.8 -0.014620692

287 0.080507392

271.7 -0.054783699


15/85

Lioyds Banking

0.035913998 Column1

0.052217762

-0.041884429 Mean -0.03285523

-0.118948916 Standard Error 0.022950461

-0.211664788 Median -0.024411302

-0.051147608 Mode #N/A0.064136956 Standard Deviation 0.179248831

-0.29346005 Sample Variance 0.032130144

-0.135488526 Kurtosis 0.815592336

-0.16329244 Skewness -0.30013032

-0.287682072 Range 0.959044464

-0.32872455 Minimum -0.498991166

-0.441955264 Maximum 0.460053298

0.19284348 Sum -2.004169017

0.460053298 Count 61

-0.498991166 Confidence Level(95.0%) 0.045907757

0.027987037

0.195156515

0.269937326 Column 1

-0.071086468 Column 1 0.03160342

-0.175249228

-0.456196141

-0.084328093

0.01001088

0.025073638

0.178664083

0.052145249

-0.155260222

-0.052949278

0.254454537

0.003315318

0.064502544

-0.07244884

-0.132081907

0.083944271

-0.03911113

-0.01949878

-0.064495484

0.019772248

-0.130522061

-0.05942342

-0.122513595

-0.254780636

0.037100794

-0.070694511

-0.26887975

0.042576395

0.167024396

0.131978914

-0.039106238

-0.080216334


16/85

-0.200348271

0.203246357

-0.024411302

0.093061135

0.153335492

0.044082191

0.135961901

0.0302957180.075150834

0.038729214


17/85

Bank of Lreland (BKIR.L)

-0.053387873 Column1

0.008032172

-0.053119522 Mean -0.070260373

-0.107988638 Standard Error 0.042911208

-0.364041791 Median -0.057569852


-0.331032513 Sample Variance 0.112323678

-0.519300251 Kurtosis 1.046877312

-0.450618277 Skewness -0.145839924

-0.566315981 Range 1.811413822

-0.311492721 Minimum -0.995664319

-0.995664319 Maximum 0.815749503

0.815749503 Sum -4.285882773

0.405465108 Count 61

0.750750652 Confidence Level(95.0%) 0.085835196

0.019476271

0.172630836

0.309905209 Column 1

0.225338942 Column 1 0.110482306

-0.69022747

-0.056986931

-0.204794413

0.003780723

-0.281412459

0.470003629

0.048790164

-0.819898886

-0.099372474

0.223740388

-0.102976724

-0.199936103

-0.143971112

-0.528391947

0.235722334

-0.267879445

0.119959315

-0.449916871

0.233993567

-0.693147181

-0.172299998

-0.108213585

-0.188052232

-0.109199292

0.287682072

-0.133531393

-0.092018899

0.317357841

0.16907633

-0.084993213

-0.101782694


18/85

-0.229862502

0.10648348

0.010050336

-0.139262067

0.10880286

-0.052922401

0.196710294

0.0088889470.235456812

-0.057569852


19/85

Skywest Airlines LTd

-0.016273122 Column1

0.016273122

-0.050444106 Mean 0.01307264

0.082961149 Standard Error 0.023440277

-0.192191534 Median -0.016273122


-0.281213364 Sample Variance 0.03351624

-0.104969814 Kurtosis 3.215016344

-0.118760075 Skewness 0.50672589

-0.528577569 Range 1.21563336

0.007434978 Minimum -0.528577569

-0.098525219 Maximum 0.687055791

-0.395973511 Sum 0.797431022

0.687055791 Count 61


0.034979719

-0.182946752

0.392244897 Column 1

0.102314055 Column 1 0.032966794

-0.025493849

0.183885279

0.117783036

-0.01928193

0.156928109

0.291833805

0.024554805

-0.213679109

-0.078053788

0.177389364

-0.085102872

0.187244368

0.266391173

-0.118798943

0.093250898

0.198994651

-0.016673094

0.01235032

0.056155103

-0.035786344

-0.057886951

-0.147116507

-0.072005904

-0.106242327

0.178248231

0.019351281

0.096935001

-0.038216193

0

-0.029755609

-0.079181129


20/85

-0.061884932

-0.110189264

-0.095363373

0.1272949

-0.058341038

0.355253946

0.047111515

-0.0232783470.08489075

-0.008275909


21/85

Ryanair Holdings PLC

-0.185354459 Column1

-0.135571053

0.065842118 Mean 0.006513321

-0.07862768 Standard Error 0.010390843

0.028094281 Median 0.0121541


-0.108894088 Sample Variance 0.006586147

0.207086114 Kurtosis 0.097243574

0.049988487 Skewness -0.030102186

0.042702176 Range 0.392440573

-0.064319966 Minimum -0.185354459

0.036898223 Maximum 0.207086114

-0.023871551 Sum 0.397312596

0.124757031 Count 61


-0.07803725

-0.047284635

-0.011817448 Column 1

0.096404871 Column 1 0.006478177

-0.150025962

-0.069295581

0.180503374

0.013706066

0.048897007

0.047296715

0.0121541

-0.124939454

0.090806448

0.058006819

0.01120825

0.014666415

0.053946222

-0.070428696

-0.026577015

-0.030871664

-0.080432406

-0.007479466

0.040028887

0.021125536

0.003947003

-0.114342142

-0.012698583

0.058329187

0.025882748

0.109756127

-0.046595206

0.134943409

-0.011143526

0.087417304

-0.051528284


22/85

-0.049377881

-0.01242252

-0.007528266

0.051066568

0.056080763

0.00923534

0.06046634

-0.0097561750.157251458

0.028545157


23/85

Home Retail Group PLC

-0.088618836 Column1

0.008611463

0.010509578 Mean -0.008614083

-0.078616957 Standard Error 0.014521565

-0.071853634 Median -0.012455677


-0.089586941 Sample Variance 0.012863426

-0.16484498 Kurtosis 0.36965999

0.054556682 Skewness 0.017848765

0.041031397 Range 0.564669089

-0.02757142 Minimum -0.311756541

0.032289801 Maximum 0.252912548

0.05606272 Sum -0.525459067

0.113428025 Count 61


0.117742608

0.189205354

-0.005713973 Column 1

-0.138234381 Column 1 0.01265255

0.068931046

0.025194145

-0.040562449

-0.098496365

-0.003933824

0.060850998

0.017217192

-0.052793277

-0.16110765

0.108140034

-0.089198081

-0.059374491

0.061197076

-0.06042304

-0.067202248

0.135708652

0.021089964

-0.132679954

0.129947574

0.02333723

-0.272583615

-0.188294371

-0.061665031

-0.125975938

-0.115914871

-0.05743362

-0.071642477

0.252912548

-0.051659202

0.111277693

-0.067161427


24/85

-0.311756541

0.074938621

-0.08194345

0.191349501

-0.051847941

0.247305801

-0.012455677

0.126005381-0.054330345

0.044814016


25/85

WM Morrison PLC

-0.005873104 Column1

-0.081356879

0.058072481 Mean 7.23E-05

0.020745582 Standard Error 0.006618542

-0.094039966 Median 0.001616293


-0.08877988 Sample Variance 0.002672111

0.023139359 Kurtosis 0.873443168

-0.083985264 Skewness 0.16779983

0.144673471 Range 0.276202497

-0.034485462 Minimum -0.131529026

-0.047264434 Maximum 0.144673471

-0.010699563 Sum 0.004411259

-0.034834702 Count 61


-0.02301098

0.130652944

0.02742249 Column 1

0.004986338 Column 1 0.002628306

0.009700094

-0.016946503

0.007607354

0.041317481

0.031993945

-0.016910703

-0.010591786

-0.070120693

0.007164088

-0.004169398

0.09018429

0.023489585

-0.006418625

-0.077115596

-0.016308738

-0.004129226

0.037931122

-0.002894358

0.065896295

0.057052468

-0.019623218

-0.023120145

-0.006564773

0.016134913

0.039491978

0.063445093

0.012966354

-0.131529026

0.013905416

0.027208953

-0.060170957


26/85


27/85

Telecom plus PLC

0.160416284 Column1

0.079870399

0.174752763 Mean 0.030400069

0.086986673 Standard Error 0.009792525

-0.127476984 Median 0.036336215

0.209110103 Mode #N/A-0.032323623 Standard Deviation 0.076482067

-0.004481406 Sample Variance 0.005849507

-0.079547903 Kurtosis 0.076131902

0.153231562 Skewness -0.049238421

-0.145065637 Range 0.35417574

0.038478316 Minimum -0.145065637

0.037052431 Maximum 0.209110103

-0.085386201 Sum 1.854404203

-0.026766184 Count 61


0.036336215

0.01970445

0.038401128 Column 1

0.0821654 Column 1 0.005753613

-0.039413969

-0.060035015

0.063519672

0.007540308

0.003333084

-0.010032766

0.045908722

0.011966637

0.071023826

0.113566081

0.012272286

0.048849373

0.005146171

0.050002211

0.122515092

0

0.03242046

-0.029144821

0.066728562

0.142980523

0.166503655

0.057139572

-0.007287122

0.051228759

0.028706388

0.091072915

-0.03682579

-0.134827811

-0.09627773

0.120414816

-0.012367929


28/85

0.082798558

0.13757262

-0.043868486

0.042245931

0.014870027

0.004129559

0.047103587

0.0550291640.046495432

0.027998775


29/85

Kcom Group PLC

-0.005519793 Column1

-0.005859693

0.098594716 Mean 0.014470582

-0.08721523 Standard Error 0.018229595

-0.060509949 Median 0.021136201


-0.625324584 Sample Variance 0.020271406

-0.153948312 Kurtosis 7.654723406

-0.405819278 Skewness -1.389040252

0.15793885 Range 1.059323611

0.137945411 Minimum -0.625324584

0.04709477 Maximum 0.433999027

0.074107972 Sum 0.882705485

0.433999027 Count 61


-0.056418104

0.147057484

-0.026213275 Column 1

0.278576663 Column 1 0.019939088

0.09054162

0.036346825

0.057611125

0.218622868

-0.136887612

0.025825014

-0.041596657

0.021136201

-0.034388051

0.07466515

-0.047354615

0.135611031

-0.08313059

0.044764943

0.152434923

-0.017321449

0.103203269

-0.036011021

0.004166295

0.17409305

0.089021809

0.037899847

-0.100837131

-0.035545911

0.035545911

0.027006969

-0.049755631

0.015620624

-0.022760799

0.056031252

-0.034612635


30/85

-0.052071171

0.096581327

0.089636627

-0.002613356

0.051881895

-0.077860825

-0.105405277

0.0658246230.004460559

0.094804299


31/85

Eurasian Natural Resources Corp

0.290915033 Column1

-0.044670636

0.197440122 Mean -0.011775898

0.195425055 Standard Error 0.02167158

-0.090316964 Median -0.006577011

-0.233889539 Mode #N/A-0.048554638 Standard Deviation 0.169260451

-0.681230129 Sample Variance 0.0286491

-0.490390235 Kurtosis 3.854568626

-0.105637639 Skewness -1.120994577

0.170565735 Range 0.987057568

-0.038594595 Minimum -0.681230129

0.048395175 Maximum 0.305827439

0.3031415 Sum -0.718329784

0.305827439 Count 61


0.00843776

0.27711544

0.005954384 Column 1

0.013202279 Column 1 0.028179443

-0.050302813

0.033052445

0.060241907

-0.006577011

0.122055813

0.152352903

0.028123862

-0.199770372

-0.153648448

0.051495526

-0.057060577

0.079862396

-0.053669752

0.009139402

0.176424574

-0.039910932

-0.043117347

-0.017665894

-0.027063942

-0.075158396

-0.078712971

-0.011583554

-0.108551137

-0.168048426

0.132233272

0.009821514

-0.044614783

0.083008171

0.014367155

-0.156187053

-0.057323087


32/85

-0.280836926

-0.016945876

-0.055432832

-0.252480433

0.022274095

0.059728624

-0.19293613

0.0498118130.149512172

0.025742218


33/85

Cairn Energy PLC

0.05759348 Column1

0.042160811

0.100553317 Mean 0.023420006

0.07142862 Standard Error 0.043076178

-0.039632783 Median 0.001298789


-0.362740163 Sample Variance 0.113188982

-0.255996748 Kurtosis 41.66630164

0.052152454 Skewness 5.676258196

0.175890666 Range 3.110967735

-0.101782694 Minimum -0.731521091

0.074633499 Maximum 2.379446644

0.103530799 Sum 1.428620369

-0.014779942 Count 61


-0.061326893

0.022783059

0.045323521 Column 1

0.105910333 Column 1 0.111333425

-0.053415686

0.15327701

2.379446644

-0.023077118

0.028487325

0.220756274

-0.038344401

0.003977551

0.029366272

0.117829452

0.001298789

-0.029986036

-0.161644704

0.00158106

0.0830762

-0.013627496

0.030416323

0.078775428

-0.022335691

-0.023934697

-0.061695517

-0.114851621

-0.099444501

-0.176233311

0.048285477

-0.078662943

-0.026073714

0.06034507

-0.731521091

-0.063261011

0.06209822


34/85

-0.185818064

-0.074889633

0.079781327

0.000348493

-0.042347548

0.01872579

-0.042264943

-0.0146206920.080507392

-0.054783699


35/85

Lioyds Banking Bank of Lreland (BKIR.L)

0.035913998 -0.053387873

0.052217762 0.008032172

-0.041884429 -0.053119522

-0.118948916 -0.107988638

-0.211664788 -0.364041791

-0.051147608 -0.0367350760.064136956 0.028586548

-0.29346005 -0.331032513

-0.135488526 -0.519300251

-0.16329244 -0.450618277

-0.287682072 -0.566315981

-0.32872455 -0.311492721

-0.441955264 -0.995664319

0.19284348 0.815749503

0.460053298 0.405465108

-0.498991166 0.750750652

0.027987037 0.019476271

0.195156515 0.1726308360.269937326 0.309905209

-0.071086468 0.225338942

-0.175249228 -0.69022747

-0.456196141 -0.056986931

-0.084328093 -0.204794413

0.01001088 0.003780723

0.025073638 -0.281412459

0.178664083 0.470003629

0.052145249 0.048790164

-0.155260222 -0.819898886

-0.052949278 -0.099372474

0.254454537 0.223740388

0.003315318 -0.102976724

0.064502544 -0.199936103

-0.07244884 -0.143971112

-0.132081907 -0.528391947

0.083944271 0.235722334

-0.03911113 -0.267879445

-0.01949878 0.119959315

-0.064495484 -0.449916871

0.019772248 0.233993567

-0.130522061 -0.693147181

-0.05942342 -0.172299998

-0.122513595 -0.108213585

-0.254780636 -0.188052232

0.037100794 -0.109199292

-0.070694511 0.287682072

-0.26887975 -0.133531393

0.042576395 -0.092018899

0.167024396 0.317357841

0.131978914 0.16907633

-0.039106238 -0.084993213

-0.080216334 -0.101782694


36/85

-0.200348271 -0.229862502

0.203246357 0.10648348

-0.024411302 0.010050336

0.093061135 -0.139262067

0.153335492 0.10880286

0.044082191 -0.052922401

0.135961901 0.196710294

0.030295718 0.0088889470.075150834 0.235456812

0.038729214 -0.057569852

Expected Return -0.03285523 -0.070260373

Standard Deviation 0.179248831 0.335147249

Covariance Lioyds Banking Bank of Lreland (BKIR.L)

Lioyds Banking 0.03160342 0.03115483

Bank of Lreland (BKIR.L) 0.03115483 0.110482306

Skywest Airlines LTd 0.011033457 0.0218702Ryanair Holdings PLC 0.002040421 0.005017845

Home Retail Group PLC 0.006715565 0.006732547

WM Morrison PLC 0.000572299 0.001141215

Telecom plus PLC 0.001204285 -0.001556671

Kcom Group PLC 0.007128844 0.010194209

Eurasian Natural Resources Corp 0.009668566 0.023031515

Cairn Energy PLC -0.001903481 0.00226863


37/85

Skywest Airlines LTd Ryanair Holdings PLC Home Retail Group PLC WM Morrison PLC

-0.016273122 -0.185354459 -0.088618836 -0.005873104

0.016273122 -0.135571053 0.008611463 -0.081356879

-0.050444106 0.065842118 0.010509578 0.058072481

0.082961149 -0.07862768 -0.078616957 0.020745582

-0.192191534 0.028094281 -0.071853634 -0.094039966

-0.039545383 -0.136728122 -0.003469673 -0.0276174010.058304307 0.032260862 0.155302972 0.086878865

-0.281213364 -0.108894088 -0.089586941 -0.08877988

-0.104969814 0.207086114 -0.16484498 0.023139359

-0.118760075 0.049988487 0.054556682 -0.083985264

-0.528577569 0.042702176 0.041031397 0.144673471

0.007434978 -0.064319966 -0.02757142 -0.034485462

-0.098525219 0.036898223 0.032289801 -0.047264434

-0.395973511 -0.023871551 0.05606272 -0.010699563

0.687055791 0.124757031 0.113428025 -0.034834702

0.23004433 0.083960269 -0.045470459 0.001616293

0.034979719 -0.07803725 0.117742608 -0.02301098

-0.182946752 -0.047284635 0.189205354 0.1306529440.392244897 -0.011817448 -0.005713973 0.02742249

0.102314055 0.096404871 -0.138234381 0.004986338

-0.025493849 -0.150025962 0.068931046 0.009700094

0.183885279 -0.069295581 0.025194145 -0.016946503

0.117783036 0.180503374 -0.040562449 0.007607354

-0.01928193 0.013706066 -0.098496365 0.041317481

0.156928109 0.048897007 -0.003933824 0.031993945

0.291833805 0.047296715 0.060850998 -0.016910703

0.024554805 0.0121541 0.017217192 -0.010591786

-0.213679109 -0.124939454 -0.052793277 -0.070120693

-0.078053788 0.090806448 -0.16110765 0.007164088

0.177389364 0.058006819 0.108140034 -0.004169398

-0.085102872 0.01120825 -0.089198081 0.09018429

0.187244368 0.014666415 -0.059374491 0.023489585

0.266391173 0.053946222 0.061197076 -0.006418625

-0.118798943 -0.070428696 -0.06042304 -0.077115596

0.093250898 -0.026577015 -0.067202248 -0.016308738

0.198994651 -0.030871664 0.135708652 -0.004129226

-0.016673094 -0.080432406 0.021089964 0.037931122

0.01235032 -0.007479466 -0.132679954 -0.002894358

0.056155103 0.040028887 0.129947574 0.065896295

-0.035786344 0.021125536 0.02333723 0.057052468

-0.057886951 0.003947003 -0.272583615 -0.019623218

-0.147116507 -0.114342142 -0.188294371 -0.023120145

-0.072005904 -0.012698583 -0.061665031 -0.006564773

-0.106242327 0.058329187 -0.125975938 0.016134913

0.178248231 0.025882748 -0.115914871 0.039491978

0.019351281 0.109756127 -0.05743362 0.063445093

0.096935001 -0.046595206 -0.071642477 0.012966354

-0.038216193 0.134943409 0.252912548 -0.131529026

0 -0.011143526 -0.051659202 0.013905416

-0.029755609 0.087417304 0.111277693 0.027208953

-0.079181129 -0.051528284 -0.067161427 -0.060170957


38/85

-0.061884932 -0.049377881 -0.311756541 0.011755953

-0.110189264 -0.01242252 0.074938621 -0.037248671

-0.095363373 -0.007528266 -0.08194345 0.041197632

0.1272949 0.051066568 0.191349501 0.009696297

-0.058341038 0.056080763 -0.051847941 0.030256802

0.355253946 0.00923534 0.247305801 -0.062576912

0.047111515 0.06046634 -0.012455677 0.003353832

-0.023278347 -0.009756175 0.126005381 -0.0218135760.08489075 0.157251458 -0.054330345 -0.046701093

-0.008275909 0.028545157 0.044814016 0.031375123

0.01307264 0.006513321 -0.008614083 7.23157E-05

0.183074412 0.081155078 0.113417045 0.051692464

Skywest Airlines LTd Ryanair Holdings PLC Home Retail Group PLC WM Morrison PLC

0.011033457 0.002040421 0.006715565 0.000572299

0.0218702 0.005017845 0.006732547 0.001141215

0.032966794 0.00343687 0.00475432 -0.0006982050.00343687 0.006478177 0.000805408 0.000654611

0.00475432 0.000805408 0.01265255 -0.000133657

-0.000698205 0.000654611 -0.000133657 0.002628306

0.001186643 -0.000932064 -0.001289701 7.34297E-06

0.006020485 0.001678285 0.001918456 0.002411336

0.00798245 0.000654053 0.005305426 0.001745762

0.007424078 0.007867477 0.002297711 0.000838552


39/85

Telecom plus PLC Kcom Group PLC Eurasian Natural Resources Corp Cairn Energy PLC

0.160416284 -0.005519793 0.290915033 0.05759348

0.079870399 -0.005859693 -0.044670636 0.042160811

0.174752763 0.098594716 0.197440122 0.100553317

0.086986673 -0.08721523 0.195425055 0.07142862

-0.127476984 -0.060509949 -0.090316964 -0.039632783

0.209110103 -0.093233066 -0.233889539 -0.166135674-0.032323623 0.093233066 -0.048554638 0.083410365

-0.004481406 -0.625324584 -0.681230129 -0.362740163

-0.079547903 -0.153948312 -0.490390235 -0.255996748

0.153231562 -0.405819278 -0.105637639 0.052152454

-0.145065637 0.15793885 0.170565735 0.175890666

0.038478316 0.137945411 -0.038594595 -0.101782694

0.037052431 0.04709477 0.048395175 0.074633499

-0.085386201 0.074107972 0.3031415 0.103530799

-0.026766184 0.433999027 0.305827439 -0.014779942

-0.06205491 0.009033485 0.086885497 0.150098363

0.036336215 -0.056418104 0.00843776 -0.061326893

0.01970445 0.147057484 0.27711544 0.0227830590.038401128 -0.026213275 0.005954384 0.045323521

0.0821654 0.278576663 0.013202279 0.105910333

-0.039413969 0.09054162 -0.050302813 -0.053415686

-0.060035015 0.036346825 0.033052445 0.15327701

0.063519672 0.057611125 0.060241907 2.379446644

0.007540308 0.218622868 -0.006577011 -0.023077118

0.003333084 -0.136887612 0.122055813 0.028487325

-0.010032766 0.025825014 0.152352903 0.220756274

0.045908722 -0.041596657 0.028123862 -0.038344401

0.011966637 0.021136201 -0.199770372 0.003977551

0.071023826 -0.034388051 -0.153648448 0.029366272

0.113566081 0.07466515 0.051495526 0.117829452

0.012272286 -0.047354615 -0.057060577 0.001298789

0.048849373 0.135611031 0.079862396 -0.029986036

0.005146171 -0.08313059 -0.053669752 -0.161644704

0.050002211 0.044764943 0.009139402 0.00158106

0.122515092 0.152434923 0.176424574 0.0830762

0 -0.017321449 -0.039910932 -0.013627496

0.03242046 0.103203269 -0.043117347 0.030416323

-0.029144821 -0.036011021 -0.017665894 0.078775428

0.066728562 0.004166295 -0.027063942 -0.022335691

0.142980523 0.17409305 -0.075158396 -0.023934697

0.166503655 0.089021809 -0.078712971 -0.061695517

0.057139572 0.037899847 -0.011583554 -0.114851621

-0.007287122 -0.100837131 -0.108551137 -0.099444501

0.051228759 -0.035545911 -0.168048426 -0.176233311

0.028706388 0.035545911 0.132233272 0.048285477

0.091072915 0.027006969 0.009821514 -0.078662943

-0.03682579 -0.049755631 -0.044614783 -0.026073714

-0.134827811 0.015620624 0.083008171 0.06034507

-0.09627773 -0.022760799 0.014367155 -0.731521091

0.120414816 0.056031252 -0.156187053 -0.063261011

-0.012367929 -0.034612635 -0.057323087 0.06209822


40/85

0.082798558 -0.052071171 -0.280836926 -0.185818064

0.13757262 0.096581327 -0.016945876 -0.074889633

-0.043868486 0.089636627 -0.055432832 0.079781327

0.042245931 -0.002613356 -0.252480433 0.000348493

0.014870027 0.051881895 0.022274095 -0.042347548

0.004129559 -0.077860825 0.059728624 0.01872579

0.047103587 -0.105405277 -0.19293613 -0.042264943

0.055029164 0.065824623 0.049811813 -0.0146206920.046495432 0.004460559 0.149512172 0.080507392

0.027998775 0.094804299 0.025742218 -0.054783699

0.030400069 0.014470582 -0.011775898 0.023420006

0.076482067 0.142377688 0.169260451 0.336435702

Telecom plus PLC Kcom Group PLC Eurasian Natural Resources Corp Cairn Energy PLC

0.001204285 0.007128844 0.009668566 -0.001903481

-0.001556671 0.010194209 0.023031515 0.00226863

0.001186643 0.006020485 0.00798245 0.007424078-0.000932064 0.001678285 0.000654053 0.007867477

-0.001289701 0.001918456 0.005305426 0.002297711

7.34297E-06 0.002411336 0.001745762 0.000838552

0.005753613 4.23624E-05 -0.000329794 0.001732693

4.23624E-05 0.019939088 0.014157845 0.008104517

-0.000329794 0.014157845 0.028179443 0.014532283

0.001732693 0.008104517 0.014532283 0.111333425


41/85

Column1 Column2

Mean -0.03285523 Mean -0.070260373

Standard Error 0.022950461 Standard Error 0.042911208

Median -0.024411302 Median -0.057569852

Mode #N/A Mode #N/AStandard Deviation 0.179248831 Standard Deviation 0.335147249

Sample Variance 0.032130144 Sample Variance 0.112323678

Kurtosis 0.815592336 Kurtosis 1.046877312

Skewness -0.30013032 Skewness -0.145839924

Range 0.959044464 Range 1.811413822

Minimum -0.498991166 Minimum -0.995664319

Maximum 0.460053298 Maximum 0.815749503

Sum -2.004169017 Sum -4.285882773

Count 61 Count 61


42/85


43/85

Column3 Column4 Column5

Mean 0.01307264 Mean 0.006513321 Mean

Standard Error 0.023440277 Standard Error 0.010390843 Standard Error

Median -0.016273122 Median 0.0121541 Median

Mode #N/A Mode #N/A ModeStandard Deviation 0.183074412 Standard Deviation 0.081155078 Standard Deviation

Sample Variance 0.03351624 Sample Variance 0.006586147 Sample Variance

Kurtosis 3.215016344 Kurtosis 0.097243574 Kurtosis

Skewness 0.50672589 Skewness -0.030102186 Skewness

Range 1.21563336 Range 0.392440573 Range

Minimum -0.528577569 Minimum -0.185354459 Minimum

Maximum 0.687055791 Maximum 0.207086114 Maximum

Sum 0.797431022 Sum 0.397312596 Sum

Count 61 Count 61 Count


44/85


45/85

Column6 Column7

-0.008614083 Mean 7.23157E-05 Mean 0.030400069

0.014521565 Standard Error 0.006618542 Standard Error 0.009792525

-0.012455677 Median 0.001616293 Median 0.036336215

#N/A Mode #N/A Mode #N/A0.113417045 Standard Deviation 0.051692464 Standard Deviation 0.076482067

0.012863426 Sample Variance 0.002672111 Sample Variance 0.005849507

0.36965999 Kurtosis 0.873443168 Kurtosis 0.076131902

0.017848765 Skewness 0.16779983 Skewness -0.049238421

0.564669089 Range 0.276202497 Range 0.35417574

-0.311756541 Minimum -0.131529026 Minimum -0.145065637

0.252912548 Maximum 0.144673471 Maximum 0.209110103

-0.525459067 Sum 0.004411259 Sum 1.854404203

61 Count 61 Count 61


46/85


47/85

Column8 Column9 Column10

Mean 0.014470582 Mean -0.011775898 Mean

Standard Error 0.018229595 Standard Error 0.02167158 Standard Error

Median 0.021136201 Median -0.006577011 Median

Mode #N/A Mode #N/A ModeStandard Deviation 0.142377688 Standard Deviation 0.169260451 Standard Deviation

Sample Variance 0.020271406 Sample Variance 0.0286491 Sample Variance

Kurtosis 7.654723406 Kurtosis 3.854568627 Kurtosis

Skewness -1.389040252 Skewness -1.120994579 Skewness

Range 1.059323611 Range 0.987057568 Range

Minimum -0.625324584 Minimum -0.681230129 Minimum

Maximum 0.433999027 Maximum 0.305827439 Maximum

Sum 0.882705485 Sum -0.718329786 Sum

Count 61 Count 61 Count


48/85


49/85

0.023420006

0.043076178

0.001298789

#N/A0.336435702

0.113188982

41.66630164

5.676258196

3.110967735

-0.731521091

2.379446644

1.42862037

61


50/85

Expected Return -0.03285523

Standard Deviation 0.179248831

Weights 0

Expected Return 0.01 Covariance

Standard Deviation 0.035609103 Lioyds Banking

Variance 0.001268008 Bank of Lreland (BKIR.L)

Sum Weights 0.999999999 Skywest Airlines LTd



WM Morrison PLC

Telecom plus PLC

Kcom Group PLC

Eurasian Natural

Cairn Energy PLC

Standard Deviation Expected Return0.039730674 0.001

0.038720466 0.002

0.037822093 0.003

0.037043689 0.004

0.036392954 0.005

0.035876996 0.006

0.035513121 0.007

0.035324362 0.008

0.035355238 0.009

0.035609103 0.01

0.039812853 0.0150.047558065 0.02

0.057821906 0.025

0.073906369 0.03

Standard Deviation Expected Return

0.038402308 0.001

0.037576444 0.002

Without Short selling

With Short selling

Can not go any further

0

0.005

0.01

0.015

0.02

0.025

0.03

0.035

0 0.02

0.05

0.06


51/85

0.036849694 0.003

0.036224966 0.004

0.035711844 0.005

0.035310731 0.006

0.035030211 0.007

0.034868143 0.008

0.034831291 0.009

0.034915147 0.01

0.03711478 0.015

0.041864966 0.02

0.048355636 0.025

0.056041015 0.03

0.064478968 0.035

0.073410643 0.04

0.082676046 0.045

0.092174555 0.05

With Short Selling Without short Selling

-0.027264654 0

-0.005301598 0

0.012645404 0.002580543

0.195683443 0.180282426

0.122863453 0.105289702

0.419686764 0.393738546

0.295488705 0.318108782

-0.011840627 0

0.012664622 0-0.014625505 0

Weights at 0.01

0

0.01

0.02

0.03

0.04

0 0.02 0.04


52/85

-0.070260373 0.01307264 0.006513321 -0.008614083

0.335147249 0.183074412 0.081155078 0.113417045

0 0.002580543 0.180282426 0.105289702

Lioyds Banking Bank of Lreland (BKIR.L) Skywest Airlines LTd Ryanair Holdings PLC

0.03160342 0.03115483 0.011033457 0.002040421

0.03115483 0.110482306 0.0218702 0.005017845

0.011033457 0.0218702 0.032966794 0.00343687

0.002040421 0.005017845 0.00343687 0.006478177

0.006715565 0.006732547 0.00475432 0.000805408

0.000572299 0.001141215 -0.000698205 0.000654611

0.001204285 -0.001556671 0.001186643 -0.000932064

0.007128844 0.010194209 0.006020485 0.001678285

0.009668566 0.023031515 0.00798245 0.000654053

-0.001903481 0.00226863 0.007424078 0.007867477

0.04 0.06 0.08

Expected Return


53/85

0.06 0.08 0.1

Expected Return

-0.05

0

0.05

0.1

0.15

0.2

0.25

0.3

0.35

0.4

0.45

1 2 3 4 5 6 7 8 9 10

With Short Selling

Without short Selling


54/85

7.23157E-05 0.030400069 0.014470582 -0.011775898 0.023420006

0.051692464 0.076482067 0.142377688 0.169260451 0.336435702

0.393738546 0.318108782 0 0 0

Home Retail Group WM Morrison PLC Telecom plus PLC Kcom Group PLC Eurasian Natural

0.006715565 0.000572299 0.001204285 0.007128844 0.009668566

0.006732547 0.001141215 -0.001556671 0.010194209 0.023031515

0.00475432 -0.000698205 0.001186643 0.006020485 0.00798245

0.000805408 0.000654611 -0.000932064 0.001678285 0.000654053

0.01265255 -0.000133657 -0.001289701 0.001918456 0.005305426

-0.000133657 0.002628306 7.34297E-06 0.002411336 0.001745762

-0.001289701 7.34297E-06 0.005753613 4.23624E-05 -0.000329794

0.001918456 0.002411336 4.23624E-05 0.019939088 0.014157845

0.005305426 0.001745762 -0.000329794 0.014157845 0.028179443

0.002297711 0.000838552 0.001732693 0.008104517 0.014532283


55/85


56/85

Cairn Energy PLC Weights

-0.001903481 0

0.00226863 0

0.007424078 0.002581

0.007867477 0.180282

0.002297711 0.10529

0.000838552 0.393739

0.001732693 0.318109

0.008104517 0

0.014532283 0

0.111333425 0


57/85

Expected Return -0.03285523

Standard Deviation 0.179248831

Weights 0

Expected Return 0.025125661 Covariance

Standard Deviation 0.058149701 Lioyds Banking

Variance 0.003381388 Bank of Lreland (BKIR.L)

Sum Weights 1.000000031 Skywest Airlines LTd



WM Morrison PLC

Telecom plus PLC

Kcom Group PLC

Eurasian Natural

Cairn Energy PLC


0.039730674 0.001 weight

0.038720466 0.002

0.037822093 0.003 0

0.037043689 0.004 0.1

0.036392954 0.005 0.2

0.035876996 0.006 0.3

0.035513121 0.007 0.4

0.035324362 0.008 0.5

0.035355238 0.009 0.60.035609103 0.01 0.7

0.039812853 0.015 0.8

0.047558065 0.02 0.9

0.057821906 0.025 1

0.073906369 0.03 1.1

1.2

1.3

1.4

Without Short selling

Efficient port

Can not go any further

0.02

0.025

0.03

0.035

0.04

Capital Market Line, Wi


58/85


59/85


60/85

0.08 0.1

er es


61/85

7.23157E-05 0.030400069 0.014470582 -0.011775898 0.023420006

0.051692464 0.076482067 0.142377688 0.169260451 0.336435702

0 0.755287216 0.071756465 0 0

Home Retail Group PLC WM Morrison PLC Telecom plus PLC Kcom Group PLC Eurasian Natural

0.006715565 0.000572299 0.001204285 0.007128844 0.009668566

0.006732547 0.001141215 -0.001556671 0.010194209 0.023031515

0.00475432 -0.000698205 0.001186643 0.006020485 0.00798245

0.000805408 0.000654611 -0.000932064 0.001678285 0.000654053

0.01265255 -0.000133657 -0.001289701 0.001918456 0.005305426

-0.000133657 0.002628306 7.34297E-06 0.002411336 0.001745762

-0.001289701 7.34297E-06 0.005753613 4.23624E-05 -0.000329794

0.001918456 0.002411336 4.23624E-05 0.019939088 0.014157845

0.005305426 0.001745762 -0.000329794 0.014157845 0.028179443

0.002297711 0.000838552 0.001732693 0.008104517 0.014532283


62/85


63/85

Rf E(p)-Rf Var(Rp) Sharp Ratio

0.003 0.022125661 0.003381388 0.3804948

0.1


-0.001903481 0

0.00226863 0

0.007424078 0

0.007867477 0.17295635

0.002297711 0

0.000838552 0

0.001732693 0.755287216

0.008104517 0.071756465

0.014532283 0

0.111333425 0


64/85


65/85


0.038402308 0.001

0.037576444 0.002

0.036849694 0.003

0.036224966 0.004

0.035711844 0.005

0.035310731 0.006

0.035030211 0.007

0.034868143 0.008

0.034831291 0.009

0.034915147 0.01

0.03711478 0.0150.041864966 0.02

0.048355636 0.025

0.056041015 0.03

0.064478968 0.035

0.073410643 0.04

0.082676046 0.045

0.092174555 0.05

With Short Selling

0

0.01

0.02

0.03

0.04

0.05

0.06

0.07

0 0.05

Capital Market

0

0 0.02 0.04


66/85

-0.070260373 0.01307264 0.006513321 -0.008614083

0.335147249 0.183074412 0.081155078 0.113417045

-0.080108912 0.092864905 0.366935689 0.057926614


0.03160342 0.03115483 0.011033457 0.002040421

0.03115483 0.110482306 0.0218702 0.005017845

0.011033457 0.0218702 0.032966794 0.00343687

0.002040421 0.005017845 0.00343687 0.006478177

0.006715565 0.006732547 0.00475432 0.000805408

0.000572299 0.001141215 -0.000698205 0.000654611

0.001204285 -0.001556671 0.001186643 -0.000932064

0.007128844 0.010194209 0.006020485 0.001678285

0.009668566 0.023031515 0.00798245 0.000654053

-0.001903481 0.00226863 0.007424078 0.007867477

E(p) SD(Rp)

0.003 0

0.008445319 0.010663142

0.013890637 0.021326283

0.019335956 0.031989425

0.024781275 0.042652566

0.030226593 0.053315708

0.035671912 0.0639788490.041117231 0.074641991

0.046562549 0.085305133

0.052007868 0.095968274

0.057453187 0.106631416

folios: tagency portfolio+t bills

t Line, Without Short Selling

Expected Return

Series2


67/85

.1 0.15

Line, With Short Selling

Expected Return

Series2

0.06 0.08 0.1


68/85

7.23157E-05 0.030400069 0.014470582 -0.011775898 0.023420006

0.051692464 0.076482067 0.142377688 0.169260451 0.336435702

-0.432865853 1.089326952 0.339029068 -0.103282015 -0.023514621


0.006715565 0.000572299 0.001204285 0.007128844 0.009668566

0.006732547 0.001141215 -0.001556671 0.010194209 0.023031515

0.00475432 -0.000698205 0.001186643 0.006020485 0.00798245

0.000805408 0.000654611 -0.000932064 0.001678285 0.000654053

0.01265255 -0.000133657 -0.001289701 0.001918456 0.005305426

-0.000133657 0.002628306 7.34297E-06 0.002411336 0.001745762

-0.001289701 7.34297E-06 0.005753613 4.23624E-05 -0.000329794

0.001918456 0.002411336 4.23624E-05 0.019939088 0.014157845

0.005305426 0.001745762 -0.000329794 0.014157845 0.028179443

0.002297711 0.000838552 0.001732693 0.008104517 0.014532283


69/85


70/85

Rf E(p)-Rf Var(Rp) Sharp Ratio

0.003 0.054453187 0.011370259 0.5106674

0.1


-0.001903481 -0.3063118

0.00226863 -0.08010891

0.007424078 0.092864905

0.007867477 0.366935689

0.002297711 0.057926614

0.000838552 -0.43286585

0.001732693 1.089326952

0.008104517 0.339029068

0.014532283 -0.10328202

0.111333425 -0.02351462


71/85

-0.306311803 -0.080108912 0.092864905 0.366935689


0.035913998 -0.053387873 -0.016273122 -0.185354459

0.052217762 0.008032172 0.016273122 -0.135571053

-0.041884429 -0.053119522 -0.050444106 0.065842118

-0.118948916 -0.107988638 0.082961149 -0.07862768

-0.211664788 -0.364041791 -0.192191534 0.028094281

-0.051147608 -0.036735076 -0.039545383 -0.136728122

0.064136956 0.028586548 0.058304307 0.032260862

-0.29346005 -0.331032513 -0.281213364 -0.108894088

-0.135488526 -0.519300251 -0.104969814 0.207086114

-0.16329244 -0.450618277 -0.118760075 0.049988487

-0.287682072 -0.566315981 -0.528577569 0.042702176

-0.32872455 -0.311492721 0.007434978 -0.064319966

-0.441955264 -0.995664319 -0.098525219 0.036898223

0.19284348 0.815749503 -0.395973511 -0.0238715510.460053298 0.405465108 0.687055791 0.124757031

-0.498991166 0.750750652 0.23004433 0.083960269

0.027987037 0.019476271 0.034979719 -0.07803725

0.195156515 0.172630836 -0.182946752 -0.047284635

0.269937326 0.309905209 0.392244897 -0.011817448

-0.071086468 0.225338942 0.102314055 0.096404871

-0.175249228 -0.69022747 -0.025493849 -0.150025962

-0.456196141 -0.056986931 0.183885279 -0.069295581

-0.084328093 -0.204794413 0.117783036 0.180503374

0.01001088 0.003780723 -0.01928193 0.013706066

0.025073638 -0.281412459 0.156928109 0.0488970070.178664083 0.470003629 0.291833805 0.047296715

0.052145249 0.048790164 0.024554805 0.0121541

-0.155260222 -0.819898886 -0.213679109 -0.124939454

-0.052949278 -0.099372474 -0.078053788 0.090806448

0.254454537 0.223740388 0.177389364 0.058006819

0.003315318 -0.102976724 -0.085102872 0.01120825

0.064502544 -0.199936103 0.187244368 0.014666415

-0.07244884 -0.143971112 0.266391173 0.053946222

-0.132081907 -0.528391947 -0.118798943 -0.070428696

0.083944271 0.235722334 0.093250898 -0.026577015

-0.03911113 -0.267879445 0.198994651 -0.030871664-0.01949878 0.119959315 -0.016673094 -0.080432406

-0.064495484 -0.449916871 0.01235032 -0.007479466

0.019772248 0.233993567 0.056155103 0.040028887

-0.130522061 -0.693147181 -0.035786344 0.021125536

-0.05942342 -0.172299998 -0.057886951 0.003947003

-0.122513595 -0.108213585 -0.147116507 -0.114342142

-0.254780636 -0.188052232 -0.072005904 -0.012698583

0.037100794 -0.109199292 -0.106242327 0.058329187


72/85

-0.070694511 0.287682072 0.178248231 0.025882748

-0.26887975 -0.133531393 0.019351281 0.109756127

0.042576395 -0.092018899 0.096935001 -0.046595206

0.167024396 0.317357841 -0.038216193 0.134943409

0.131978914 0.16907633 0 -0.011143526

-0.039106238 -0.084993213 -0.029755609 0.087417304

-0.080216334 -0.101782694 -0.079181129 -0.051528284

-0.200348271 -0.229862502 -0.061884932 -0.049377881

0.203246357 0.10648348 -0.110189264 -0.01242252

-0.024411302 0.010050336 -0.095363373 -0.007528266

0.093061135 -0.139262067 0.1272949 0.051066568

0.153335492 0.10880286 -0.058341038 0.056080763

0.044082191 -0.052922401 0.355253946 0.00923534

0.135961901 0.196710294 0.047111515 0.06046634

0.030295718 0.008888947 -0.023278347 -0.009756175

0.075150834 0.235456812 0.08489075 0.157251458

0.038729214 -0.057569852 -0.008275909 0.028545157


73/85

0.057926614 -0.432865853 1.089326952 0.339029068 -0.103282015


-0.088618836 -0.005873104 0.160416284 -0.005519793 0.290915033

0.008611463 -0.081356879 0.079870399 -0.005859693 -0.044670636

0.010509578 0.058072481 0.174752763 0.098594716 0.197440122

-0.078616957 0.020745582 0.086986673 -0.08721523 0.195425055

-0.071853634 -0.094039966 -0.127476984 -0.060509949 -0.090316964

-0.003469673 -0.027617401 0.209110103 -0.093233066 -0.233889539

0.155302972 0.086878865 -0.032323623 0.093233066 -0.048554638

-0.089586941 -0.08877988 -0.004481406 -0.625324584 -0.681230129

-0.16484498 0.023139359 -0.079547903 -0.153948312 -0.490390235

0.054556682 -0.083985264 0.153231562 -0.405819278 -0.105637639

0.041031397 0.144673471 -0.145065637 0.15793885 0.170565735

-0.02757142 -0.034485462 0.038478316 0.137945411 -0.038594595

0.032289801 -0.047264434 0.037052431 0.04709477 0.048395175

0.05606272 -0.010699563 -0.085386201 0.074107972 0.30314150.113428025 -0.034834702 -0.026766184 0.433999027 0.305827439

-0.045470459 0.001616293 -0.06205491 0.009033485 0.086885497

0.117742608 -0.02301098 0.036336215 -0.056418104 0.00843776

0.189205354 0.130652944 0.01970445 0.147057484 0.27711544

-0.005713973 0.02742249 0.038401128 -0.026213275 0.005954384

-0.138234381 0.004986338 0.0821654 0.278576663 0.013202279

0.068931046 0.009700094 -0.039413969 0.09054162 -0.050302813

0.025194145 -0.016946503 -0.060035015 0.036346825 0.033052445

-0.040562449 0.007607354 0.063519672 0.057611125 0.060241907

-0.098496365 0.041317481 0.007540308 0.218622868 -0.006577011

-0.003933824 0.031993945 0.003333084 -0.136887612 0.1220558130.060850998 -0.016910703 -0.010032766 0.025825014 0.152352903

0.017217192 -0.010591786 0.045908722 -0.041596657 0.028123862

-0.052793277 -0.070120693 0.011966637 0.021136201 -0.199770372

-0.16110765 0.007164088 0.071023826 -0.034388051 -0.153648448

0.108140034 -0.004169398 0.113566081 0.07466515 0.051495526

-0.089198081 0.09018429 0.012272286 -0.047354615 -0.057060577

-0.059374491 0.023489585 0.048849373 0.135611031 0.079862396

0.061197076 -0.006418625 0.005146171 -0.08313059 -0.053669752

-0.06042304 -0.077115596 0.050002211 0.044764943 0.009139402

-0.067202248 -0.016308738 0.122515092 0.152434923 0.176424574

0.135708652 -0.004129226 0 -0.017321449 -0.0399109320.021089964 0.037931122 0.03242046 0.103203269 -0.043117347

-0.132679954 -0.002894358 -0.029144821 -0.036011021 -0.017665894

0.129947574 0.065896295 0.066728562 0.004166295 -0.027063942

0.02333723 0.057052468 0.142980523 0.17409305 -0.075158396

-0.272583615 -0.019623218 0.166503655 0.089021809 -0.078712971

-0.188294371 -0.023120145 0.057139572 0.037899847 -0.011583554

-0.061665031 -0.006564773 -0.007287122 -0.100837131 -0.108551137

-0.125975938 0.016134913 0.051228759 -0.035545911 -0.168048426

Weights with short selling


74/85

-0.115914871 0.039491978 0.028706388 0.035545911 0.132233272

-0.05743362 0.063445093 0.091072915 0.027006969 0.009821514

-0.071642477 0.012966354 -0.03682579 -0.049755631 -0.044614783

0.252912548 -0.131529026 -0.134827811 0.015620624 0.083008171

-0.051659202 0.013905416 -0.09627773 -0.022760799 0.014367155

0.111277693 0.027208953 0.120414816 0.056031252 -0.156187053

-0.067161427 -0.060170957 -0.012367929 -0.034612635 -0.057323087

-0.311756541 0.011755953 0.082798558 -0.052071171 -0.280836926

0.074938621 -0.037248671 0.13757262 0.096581327 -0.016945876

-0.08194345 0.041197632 -0.043868486 0.089636627 -0.055432832

0.191349501 0.009696297 0.042245931 -0.002613356 -0.252480433

-0.051847941 0.030256802 0.014870027 0.051881895 0.022274095

0.247305801 -0.062576912 0.004129559 -0.077860825 0.059728624

-0.012455677 0.003353832 0.047103587 -0.105405277 -0.19293613

0.126005381 -0.021813576 0.055029164 0.065824623 0.049811813

-0.054330345 -0.046701093 0.046495432 0.004460559 0.149512172

0.044814016 0.031375123 0.027998775 0.094804299 0.025742218


75/85

-0.023514621

Cairn Energy PLC Weighted Montly Average of 10 Returns

R(p)

0.05759348 0.062634304

0.042160811 0.059483076

0.100553317 0.213064451

0.07142862 0.053730037

-0.039632783 -0.026114865

-0.166135674 0.200764513

0.083410365 -0.033843394

-0.362740163 -0.054419147

-0.255996748 0.047597968

0.052152454 0.171964357

0.175890666 -0.0864078

-0.101782694 0.21112765

0.074633499 0.291432415

0.103530799 -0.263703693-0.014779942 0.044571539

0.150098363 0.064503855

-0.061326893 0.002287102

0.022783059 -0.111378364

0.045323521 -0.056359292

0.105910333 0.218529446

-0.053415686 0.045563986

0.15327701 0.084654761

2.379446644 0.140316823

-0.023077118 0.059834127

0.028487325 -0.0227525940.220756274 -0.060177314

-0.038344401 0.026345074

0.003977551 0.115586452

0.029366272 0.118705973

0.117829452 0.09089594

0.001298789 -0.037584442

-0.029986036 0.097067414

-0.161644704 0.071348143

0.00158106 0.144456962

0.0830762 0.122441668

-0.013627496 0.0488100320.030416323 0.024147021

0.078775428 0.003782849

-0.022335691 0.051526739

-0.023934697 0.299692382

-0.061695517 0.241920147

-0.114851621 0.068668616

-0.099444501 0.052455214

-0.176233311 0.0598929


76/85

0.048285477 0.029378695

-0.078662943 0.213538113

-0.026073714 -0.075291313

0.06034507 -0.1106013

-0.731521091 -0.163948726

-0.063261011 0.210555006

0.06209822 0.007872535

-0.185818064 0.138685784

-0.074889633 0.121003249

0.079781327 -0.041074221

0.000348493 0.091298937

-0.042347548 -0.024141799

0.01872579 0.040021191

-0.042264943 0.003480438

-0.014620692 0.078468115

0.080507392 0.07559687

-0.054783699 0.052739786


77/85


78/85

12/1/2011 2857.88 0.007771948

1/3/2012 2932.91 0.026253727

2/1/2012 3043.91 0.037846371

3/1/2012 3002.78 -0.013512226

4/2/2012 2984.67 -0.006031078

5/1/2012 2767.09 -0.072899181

6/1/2012 2891.45 0.044942521

7/2/2012 2927.27 0.012388248

8/1/2012 2972.63 0.015495667

9/3/2012 2998.86 0.008823836

10/1/2012 3024.4 0.00851657

11/1/2012 3065.3 0.013523343

12/3/2012 3093.41 0.009170391

1/2/2013 3287.38 0.062704265

2/1/2013 3327.24 0.012125157


79/85

Weighted Montly Average of 10 Returns FTST-ALL SHARES

R(p) R(m) R(P)-R(f)( Y) r(m)-r(f) (X)

0.062634304 0.004306523 0.059634304 0.001306523

0.059483076 -0.028532834 0.056483076 -0.031532834

0.213064451 0.059066295 0.210064451 0.056066295

0.053730037 -0.005703336 0.050730037 -0.008703336

-0.026114865 -0.073507751 -0.029114865 -0.076507751

0.200764513 -0.03728696 0.197764513 -0.04028696

-0.033843394 0.043459758 -0.036843394 0.040459758

-0.054419147 -0.134214572 -0.057419147 -0.137214572

0.047597968 -0.120780941 0.044597968 -0.123780941

0.171964357 -0.022759641 0.168964357 -0.025759641

-0.0864078 0.035286014 -0.0894078 0.032286014

0.21112765 -0.059009908 0.20812765 -0.062009908

0.291432415 -0.071753603 0.288432415 -0.074753603

-0.263703693 0.028200544 -0.266703693 0.025200544

0.044571539 0.095198496 0.041571539 0.092198496

0.064503855 0.03662117 0.061503855 0.03362117

0.002287102 -0.035762483 -0.000712898 -0.038762483

-0.111378364 0.083509815 -0.114378364 0.080509815

-0.056359292 0.071039784 -0.059359292 0.068039784

0.218529446 0.045277824 0.215529446 0.042277824

0.045563986 -0.019052752 0.042563986 -0.022052752

0.084654761 0.024700243 0.081654761 0.021700243

0.140316823 0.042428911 0.137316823 0.039428911

0.059834127 -0.036333671 0.056834127 -0.039333671

-0.022752594 0.028682686 -0.025752594 0.025682686

-0.060177314 0.063355013 -0.063177314 0.060355013

0.026345074 -0.016095169 0.023345074 -0.019095169

0.115586452 -0.066418705 0.112586452 -0.069418705

0.118705973 -0.048519174 0.115705973 -0.051519174

0.09089594 0.067580903 0.08789594 0.064580903

-0.037584442 -0.006864651 -0.040584442 -0.009864651

0.097067414 0.06335845 0.094067414 0.06035845

0.071348143 0.023912149 0.068348143 0.020912149

0.144456962 -0.025386986 0.141456962 -0.028386986

0.122441668 0.070324048 0.119441668 0.067324048

0.048810032 -0.006066245 0.045810032 -0.009066245

0.024147021 0.020467961 0.021147021 0.017467961

0.003782849 -0.012505714 0.000782849 -0.015505714

0.051526739 0.028457524 0.048526739 0.0254575240.299692382 -0.010763765 0.296692382 -0.013763765

0.241920147 -0.007801812 0.238920147 -0.010801812

0.068668616 -0.022830608 0.065668616 -0.025830608

0.052455214 -0.074523632 0.049455214 -0.077523632

0.0598929 -0.052179782 0.0568929 -0.055179782

0.029378695 0.07778841 0.026378695 0.07478841

0.213538113 -0.008745622 0.210538113 -0.011745622

-0.075291313 0.007771948 -0.078291313 0.004771948


80/85

-0.1106013 0.026253727 -0.1136013 0.023253727

-0.163948726 0.037846371 -0.166948726 0.034846371

0.210555006 -0.013512226 0.207555006 -0.016512226

0.007872535 -0.006031078 0.004872535 -0.009031078

0.138685784 -0.072899181 0.135685784 -0.075899181

0.121003249 0.044942521 0.118003249 0.041942521

-0.041074221 0.012388248 -0.044074221 0.009388248

0.091298937 0.015495667 0.088298937 0.012495667

-0.024141799 0.008823836 -0.027141799 0.005823836

0.040021191 0.00851657 0.037021191 0.00551657

0.003480438 0.013523343 0.000480438 0.010523343

0.078468115 0.009170391 0.075468115 0.006170391

0.07559687 0.062704265 0.07259687 0.059704265

0.052739786 0.012125157 0.049739786 0.009125157


81/85

SUMMARY OUTPUT

Regression Statistics

Multiple R 0.206754501

R Square 0.042747424

Adjusted R Square 0.026243069

Standard Error 0.106989418

Observations 60

ANOVA

df SS MS F

Regression 1 0.029647839 0.029647839 2.590069364

Residual 58 0.663910658 0.011446735

Total 59 0.693558497

Coefficients Standard Error t Stat P-value

Intercept 0.054309619 0.01381232 3.931969275 0.00022736

0.001306523 -0.45381109 0.281980716 -1.609369244 0.112965667


82/85


83/85

Significance F

0.112965667

Lower 95% Upper 95% Lower 95.0% Upper 95.0%

0.026661256 0.081957981 0.026661256 0.081957981

-1.018256823 0.110634638 -1.018256823 0.110634638


84/85

FTSE ALL-SHARE Tagent Portfolio1

Expreturns 0.3% 3%

s.d 4.9% 5.81%

rf: 0.003

Sharp Ratio

-0.002094466 0.380494845

M2

Hypothetical Portfolio1

ExpR 2.163792721115900%

sd 14.4861795

m2 0.0187


85/85

Tangent Portfolio2

6%

10.66%

0.510817887

Hypothetical Portfolio2

2.802159151050040%

4.310567244

0.0251

Task 2 (7) Exemplo Execel to Send

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