Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Deviation
Err:502
Using Actual returns
^DJI
4.4%
100%
IBM
9.2%
65%
MSFT
10.9%
48%
C
8.5%
73%
Using Randomized returns
^DJI
4.1%
100%
IBM
8.0%
68%
MSFT
10.9%
44%
C
8.2%
68%
Beta
Err:502
1.00
1.36
1.18
1.40
1.00
1.34
1.17
1.38
Annualized
Return
???
6.5%
-34.7%
-42.2%
-38.8%
8.6%
7.6%
4.7%
2.4%
IBM
MSFT
Err:502
$7.00
$6.00
$5.00
$4.00
???
3624
Stock Prices:
Dates
IBM
^DJI
30-Apr-97
7008.99
1-May-97
7331.04
2-Jun-97
7672.79
30.0%
1-Jul-97
8222.61
1-Aug-97
7622.42
2-Sep-97
1-Oct-97
7945.26
f(x) = 1.36x + 0.00
10.0%
7442.08
3-Nov-97
7823.13
1-Dec-97
-20.0%
2-Jan-98
7908.25
-15.0%
-10.0%
7906.50
20.0%
0.0%
-5.0%
0.0%
8545.72
2-Mar-98
8799.81
1-Apr-98
9063.37
1-May-98
8899.95
1-Jun-98
8952.02
-30.0%
MSFT
1-Jul-98
8883.29
50.0%
3-Aug-98
7539.07
1-Sep-98
7842.62
-20.0%
40.0%
1-Oct-98
8592.10
2-Nov-98
9116.55
1-Dec-98
9181.43
4-Jan-99
1-Feb-99
9358.83
10.0%
f(x) = 1.18x + 0.01
9306.58
1-Mar-99
9786.16
30.0%
20.0%
0.0%
-5.0%
0.0%
-10.0%
1-Jun-99
10970.80
1-Jul-99
10655.15
2-Aug-99
10829.28
1-Sep-99
10336.95
$1.00
1-Oct-99
C
1-Nov-99
10729.86
-40.0%
10877.81
30.0%
$0.00
1-Dec-99
11497.12
3-Jan-00
10940.53
1-Feb-00
1-Mar-00
10128.31
f(x) = 1.40x + 0.01
10921.92
3-Apr-00
10733.91
1-May-00
10522.33
$2.00
C
20%
5.0%
-20.0%
-30.0%
20.0%
10.0%
1-Jun-00
10447.89
-20.0% -15.0%
-10.0%
Notes:
On the "assets" sheet, type in Yahoo symbols
then click the DOWNLOAD button.
5.0%
-10.0%
2-Feb-98
1-Apr-99
10789.04
-20.0% -15.0%
-10.0%
3-May-99
10559.74
$3.00
40.0%
3-Jul-00
10521.98
1-Aug-00
11215.10
1-Sep-00
10650.92
2-Oct-00
10971.14
1-Nov-00
10414.49
1-Dec-00
10787.99
2-Jan-01
10887.36
1-Feb-01
10495.28
0.0%
-5.0%
0.0%
-10.0%
-20.0%
-30.0%
-40.0%
5.0%
1-Mar-01
9878.78
2-Apr-01
10734.97
1-May-01
10911.94
1-Jun-01
10502.40
2-Jul-01
10522.81
1-Aug-01
9949.75
4-Sep-01
8847.56
1-Oct-01
9075.14
1-Nov-01
9851.56
3-Dec-01
10021.57
2-Jan-02
9920.00
1-Feb-02
10106.13
1-Mar-02
10403.94
1-Apr-02
9946.22
1-May-02
9925.25
3-Jun-02
9243.26
1-Jul-02
8736.59
1-Aug-02
8663.50
3-Sep-02
7591.93
1-Oct-02
8397.03
1-Nov-02
8896.09
2-Dec-02
8341.63
2-Jan-03
8053.81
3-Feb-03
7891.08
3-Mar-03
7992.13
1-Apr-03
8480.09
1-May-03
8850.26
2-Jun-03
8985.44
1-Jul-03
9233.80
1-Aug-03
9415.82
2-Sep-03
9275.06
1-Oct-03
9801.12
3-Nov-03
9782.46
1-Dec-03
10453.92
2-Jan-04
10488.07
2-Feb-04
10583.92
1-Mar-04
10357.70
1-Apr-04
10225.57
3-May-04
10188.45
1-Jun-04
10435.48
1-Jul-04
10139.71
2-Aug-04
10173.92
1-Sep-04
10080.27
1-Oct-04
10027.47
1-Nov-04
10428.02
1-Dec-04
10783.01
3-Jan-05
10489.94
1-Feb-05
10766.23
1-Mar-05
10503.76
1-Apr-05
10192.51
2-May-05
10467.48
1-Jun-05
10274.97
1-Jul-05
10640.91
1-Aug-05
10481.60
1-Sep-05
10568.70
3-Oct-05
10440.07
1-Nov-05
10805.87
1-Dec-05
10717.50
3-Jan-06
10864.86
1-Feb-06
10993.41
1-Mar-06
11109.32
3-Apr-06
11367.14
1-May-06
11168.31
1-Jun-06
11150.22
3-Jul-06
11185.68
1-Aug-06
11381.15
1-Sep-06
11679.07
2-Oct-06
12080.73
1-Nov-06
12221.93
1-Dec-06
12463.15
3-Jan-07
12621.69
1-Feb-07
12268.63
1-Mar-07
12354.35
2-Apr-07
13120.94
Stock Prices:
Stock Returns
IBM
MSFT
40.0%
IBM
^DJI
13.07
13.86
###
40.19
13.34
13.77
###
4.6%
41.93
13.59
15.79
###
4.7%
49.13
15.21
18.05
###
7.2%
47.18
14.22
15.94
###
-7.3%
-4.0%
49.34
f(x) = 1.36x + 0.00
10.0%
45.85
14.23
17.14
###
4.2%
4.6%
13.98
17.60
###
-7.1%
51.06
15.22
19.19
###
5.1%
48.79
13.90
20.33
###
1.1%
-4.4%
20.0%
0.0%
-15.0%
-10.0%
-5.0%
46.05
0.0%
5.0%
15.0%
^DJI
IBM
7.8%
-5.8%
15.0%2.1%
-0.6%
###
-1.7%
4.3%
1.9%
f(x) = 1.34x - 0.00
10.0%
17.2%
11.9%
14.7%
###
1.3%
2.1%
14.3%
###
4.0%
14.1%
-6.5%
-11.7%
###
9.6%
15.6%
0.1%
7.5%
###
6.1%
11.4%
0.0%
-1.8%
2.7%
###
1.6%
-0.8%
-6.3%
-20.0%
-15.0%
-10.0%
11.4%
5.0%
-5.0%
0.0%
8.9%
-5.0%
5.0%
10.0%
15.0%
9.0%
###
-6.3%
-7.1%
-8.7%
5.9%
###
6.1%
8.2%
18.70
###
0.0%
-5.6%
-10.0%
15.5%
-8.0%
###
-0.4%
0.7%
48.80
-10.0%
18.23
21.04
##
8.1%
6.0%
13.6%
12.5%
###
9.6%
15.6%
48.54
19.26
22.69
##
3.0%
-0.5%
5.7%
7.8%
###
4.0%
5.2%
-20.0%
54.14
19.39
23.19
##
3.0%
11.5%
0.7%
-20.0%
2.2%
###
2.7%
-0.8%
55.01
18.25
23.21
##
-1.8%
1.6%
-5.9%
0.1%
###
6.6%
17.7%
-30.0%
53.75
23.32
22.97
##
0.6%
-2.3%
-25.0%
27.8%
-1.0%
###
1.6%
-0.8%
62.03
50.0%
23.65
25.53
##
MSFT
-0.8%
15.4%
1.4%
11.1%
###
-0.6%
-7.2%
52.81
20.64
16.85
##
-15.1%
-14.9%
-12.7%
-34.0%
###
-0.4%
0.7%
40.0%
60.26
23.68
14.24
##
4.0%
14.1%
14.7%
30.0%
-15.5%
###
-0.4%
0.7%
69.64
22.78
17.92
##
9.6%
15.6%
-3.8%
25.8%
###
-0.8%
15.4%
77.55
26.25
19.15
##
6.1%
11.4%
20.0%
15.2%
6.9%
###
3.4%
12.7%
86.59
20.0%
29.84
18.94
##
0.7%
11.7%
13.7%
-1.1%
###
1.4%
-1.1%
86.06
10.0%
f(x) = 1.18x + 0.01
79.83
37.65
21.44
##
1.9%
13.2%
###
0.3%
7.1%
32.30
22.47
##
-0.6%
10.0%
f(x) = -0.6%
1.17x + 0.00 26.2%
-7.2%
-14.2%
4.8%
###
3.6%
12.5%
83.36
0.0%
38.56
24.43
##
5.2%
-5.6%
##
10.2%
-10.0%
109.23
34.99
5.0%
10.0% 28.71
15.0%
34.72
25.41
##
-2.1%
11.0%
121.70
38.81
27.33
##
3.9%
11.4%
118.35
36.92
25.71
##
-2.9%
-2.8%
117.40
-30.0%
39.83
25.64
##
1.6%
-0.8%
114.05
38.97
25.39
##
-4.5%
-2.9%
-40.0%
92.60
39.83
31.39
##
3.8%
-18.8%
97.27
30.0%
39.18
31.17
##
1.4%
101.81
50.24
32.22
##
5.7%
105.94
20.0%
42.11
32.98
##
-4.8%
4.1%
97.08
f(x) = 1.40x + 111.83
0.01
38.45
30.02
##
-7.4%
-8.4%
10.0%
45.72
34.74
##
7.8%
105.34
30.01
34.32
##
-1.7%
101.51
0.0%
26.92
36.17
##
-2.0%
30.0%
-15.0%
-10.0%
98.38 0.0%
-5.0%
-20.0%
-15.0%
-10.0%
103.630.0%
-5.0%
16.05
10.0%
MSFT
20.0%
37.28
30.0%
Randomized Returns
###
IBM
-15.0%
4.4%
-10.0%
18.0%
40.0%
0.0%
###
0.0%
###
0.3%
7.1%
-11.5%
###
-2.9%
-2.8%
11.8%
-20.0%
7.6%
###
0.2%
-7.3%
-4.9%
-5.9%
###
-1.8%
-1.8%
-30.0%7.9%
-0.3%
###
4.0%
14.1%
0.0%
-9.3%
-10.0%
-0.8%
5.0%
10.0%
15.0%
-2.2%
-1.0%
###
4.4%
3.9%
23.6%
###
-0.8%
-7.5%
5.0%
-1.6%
30.0%
-0.7%
###
5.7%
1.3%
4.7%
28.2%
3.4%
###
-5.9%
-3.7%
-16.2%
2.4%
###
2.7%
-0.8%
-8.7%
-9.0%
###
3.6%
12.5%
15.2%
18.9%
10.0%
f(x) = 1.38x - 0.01
-5.8%
-34.4%
15.7%
###
5.9%
10.3%
-1.2%
###
2.4%
-0.5%
5.4%
###
1.3%
0.6%
5.0% -3.1%
10.0% ###15.0%2.7%
-0.8%
-3.6%
35.05
15.0%
-0.7%
##-20.0%
-15.0%
41.01
##
0.7%
2.5%
125.02
30.04
45.40
##
6.6%
17.7%
106.65
-20.0%
25.95
42.04
##
-5.0%
-14.7%
93.28
29.63
40.92
##
3.0%
-12.5%
88.65
24.69
38.84
##
-5.1%
-5.0%
80.60
18.67
39.81
##
3.6%
-9.1%
106.20
26.27
43.64
##
0.9%
31.8%
94.83
25.39
38.44
##
-3.6%
-10.7%
-40.0%
19.4%
-40.0%2.2%
30.04
10.0%
8.7%
17.5%
-5.0%
106.18
-10.0%
-30.0%
34.42
5.0%
-20.0%
-15.0%
20.0%
-10.3%
0.0%
2.1% -5.0%
-10.0%
27.9%
0.0%
-12.7%
-10.0%
17.0%
###
1.3%
2.1%
0.0%
10.7%
###
6.1%
11.4%
-13.6%
-7.4%
###
0.7%
11.7%
14.2%
-2.7%
###
-0.8%
7.3%
-16.7%
-5.1%
###
6.2%
7.3%
-24.4%
2.5%
###
3.4%
12.7%
40.7%
9.6%
###
5.7%
4.7%
-3.3%
-11.9%
###
6.1%
11.4%
-20.0%
-30.0%
-40.0%
91.30
23.53
35.16
##
-5.9%
-3.7%
-7.3%
-8.5%
###
0.7%
1.4%
109.30
29.15
38.42
##
8.7%
19.7%
23.9%
9.3%
###
-3.6%
-10.7%
106.26
29.77
40.17
##
1.6%
-2.8%
2.1%
4.6%
###
8.6%
7.1%
107.87
31.41
41.42
##
-3.8%
1.5%
5.5%
3.1%
###
3.9%
11.4%
99.99
28.48
39.36
##
0.2%
-7.3%
-9.3%
-5.0%
###
-1.5%
-3.2%
95.12
24.55
36.01
##
-5.4%
-4.9%
-13.8%
-8.5%
###
1.6%
-2.8%
3.6%
-9.1%
2.6%
17.8%
87.29
22.02
31.85
##
-11.1%
-8.2%
-10.3%
-11.6%
###
102.85
25.02
35.79
##
2.6%
17.8%
13.6%
12.4%
###
110.14
27.63
37.80
##
8.6%
7.1%
10.4%
5.6%
###
2.0%
5.7%
115.26
28.51
39.83
##
1.7%
4.6%
3.2%
5.4%
###
-1.7%
-5.8%
102.80
27.41
37.53
##
-1.0%
-10.8%
-3.9%
-5.8%
###
3.0%
11.5%
93.62
25.10
35.83
##
1.9%
-8.9%
-8.4%
-4.5%
###
1.2%
-1.1%
99.23
25.95
39.21
##
2.9%
6.0%
3.4%
9.4%
###
-6.2%
-10.8%
79.91
22.49
34.28
##
-4.4%
-19.5%
-13.3%
-12.6%
###
0.9%
-2.6%
76.91
21.91
34.33
##
-0.2%
-3.8%
-2.6%
0.1%
###
3.5%
8.8%
68.83
23.54
30.81
##
-6.9%
-10.5%
7.4%
-10.3%
###
-11.1%
-8.2%
67.30
20.65
26.66
##
-5.5%
-2.2%
-12.3%
-13.5%
###
-4.8%
4.1%
72.22
21.12
28.07
##
-0.8%
7.3%
2.3%
5.3%
###
-3.5%
0.9%
55.87
18.82
25.41
##
-12.4%
-22.6%
-10.9%
-9.5%
###
-5.4%
-4.9%
75.63
23.01
31.83
##
10.6%
35.4%
22.3%
25.3%
###
-1.5%
-3.2%
83.43
24.82
33.49
##
5.9%
10.3%
7.9%
5.2%
###
-15.1%
-14.9%
74.39
22.25
30.31
##
-6.2%
-10.8%
-10.4%
-9.5%
###
0.8%
-0.5%
75.06
20.42
29.75
##
-3.5%
0.9%
-8.2%
-1.8%
###
0.0%
-5.6%
74.97
20.46
28.88
##
-2.0%
-0.1%
0.2%
-2.9%
###
6.6%
17.7%
75.43
20.90
29.84
##
1.3%
0.6%
2.2%
3.3%
###
1.3%
2.1%
81.65
22.08
34.00
##
6.1%
8.2%
5.6%
13.9%
###
-2.0%
-0.1%
84.82
21.25
35.71
##
4.4%
3.9%
-3.8%
5.0%
###
7.8%
15.2%
79.49
22.14
37.26
##
1.5%
-6.3%
4.2%
4.3%
###
-3.5%
0.9%
78.28
22.80
39.31
##
2.8%
-1.5%
3.0%
5.5%
###
0.0%
-5.6%
79.17
22.90
38.04
##
2.0%
1.1%
0.4%
-3.2%
###
-0.2%
-3.8%
85.27
24.00
39.93
##
-1.5%
7.7%
4.8%
5.0%
###
5.7%
4.7%
86.38
22.69
41.90
##
5.7%
1.3%
-5.5%
4.9%
###
-6.9%
-10.5%
87.57
22.32
41.57
##
-0.2%
1.4%
-1.6%
-0.8%
###
-0.2%
-3.8%
89.64
23.76
42.91
##
6.9%
2.4%
6.5%
3.2%
###
-1.3%
-4.0%
95.97
24.01
44.09
##
0.3%
7.1%
1.1%
2.7%
###
1.2%
-0.1%
93.48
23.03
44.79
##
0.9%
-2.6%
-4.1%
1.6%
###
4.0%
5.2%
88.97
21.64
46.07
##
-2.1%
-4.8%
-6.0%
2.9%
###
0.0%
-5.6%
85.41
22.69
43.21
##
-1.3%
-4.0%
4.9%
-6.2%
###
-2.8%
-1.2%
85.99
22.77
41.72
##
-0.4%
0.7%
0.4%
-3.4%
###
6.2%
7.3%
85.57
24.80
41.78
##
2.4%
-0.5%
8.9%
0.1%
###
9.6%
15.6%
84.52
24.73
39.98
##
-2.8%
-1.2%
-0.3%
-4.3%
###
-1.7%
-5.8%
82.38
23.77
42.24
##
0.3%
-2.5%
-3.9%
5.7%
###
-6.2%
-10.8%
83.40
24.08
40.01
##
-0.9%
1.2%
1.3%
-5.3%
###
0.9%
-2.6%
87.30
24.35
40.60
##
-0.5%
4.7%
1.1%
1.5%
###
1.1%
-4.4%
91.85
26.02
40.95
##
4.0%
5.2%
6.9%
0.9%
###
6.2%
7.3%
96.08
25.93
44.09
##
3.4%
4.6%
-0.3%
7.7%
###
-3.0%
-16.4%
91.05
25.50
44.89
##
-2.7%
-5.2%
-1.7%
1.8%
###
-2.1%
-4.8%
90.40
24.49
44.06
##
2.6%
-0.7%
-4.0%
-1.8%
###
1.1%
2.8%
89.23
23.53
41.49
##
-2.4%
-1.3%
-3.9%
-5.8%
###
2.0%
1.1%
74.58
24.63
43.77
##
-3.0%
-16.4%
4.7%
5.5%
###
-1.7%
-5.8%
73.97
25.20
43.91
##
2.7%
-0.8%
2.3%
0.3%
###
-1.7%
-2.6%
72.65
24.26
43.09
##
-1.8%
-1.8%
-3.7%
-1.9%
###
-5.9%
81.71
25.01
40.95
##
3.6%
12.5%
3.1%
-5.0%
###
2.4%
-0.5%
79.12
26.82
41.20
-1.5%
-3.2%
7.2%
0.6%
###
-1.0%
-10.8%
78.73
25.20
42.85
0.8%
-0.5%
-6.0%
4.0%
###
-3.8%
1.5%
80.36
25.17
43.10
-1.2%
2.1%
-0.1%
0.6%
###
1.1%
-4.4%
87.46
27.19
46.15
3.5%
8.8%
8.0%
7.1%
###
6.1%
11.4%
80.87
25.69
46.13
-0.8%
-7.5%
-5.5%
0.0%
###
0.0%
-5.6%
79.98
27.65
44.28
1.4%
-1.1%
7.6%
-4.0%
###
-1.8%
1.6%
79.14
26.48
44.55
1.2%
-1.1%
-4.2%
0.6%
###
1.5%
-6.3%
81.34
26.82
45.37
1.1%
2.8%
1.3%
1.8%
###
1.6%
-2.8%
81.21
23.80
48.48
2.3%
-0.2%
-11.3%
6.9%
###
-3.8%
1.5%
79.09
22.41
47.85
-1.7%
-2.6%
-5.8%
-1.3%
###
-2.9%
-2.8%
76.04
23.06
46.83
-0.2%
-3.9%
2.9%
-2.1%
###
-7.3%
-4.0%
76.62
23.81
46.89
0.3%
0.8%
3.3%
0.1%
###
1.2%
-0.1%
80.47
25.52
48.39
1.7%
5.0%
7.2%
3.2%
###
2.0%
5.7%
81.43
27.16
48.70
2.6%
1.2%
6.4%
0.6%
###
0.0%
-5.6%
91.75
28.51
49.18
3.4%
12.7%
5.0%
1.0%
###
-0.2%
-3.9%
91.64
29.26
49.10
1.2%
-0.1%
2.6%
-0.2%
###
0.0%
-5.6%
96.86
29.76
55.15
2.0%
5.7%
1.7%
12.3%
###
1.3%
2.1%
98.85
30.75
54.59
1.3%
2.1%
3.3%
-1.0%
###
1.3%
0.6%
92.94
28.17
50.37
-2.8%
-6.0%
-8.4%
-7.7%
###
-4.4%
-19.5%
94.26
27.87
51.34
0.7%
1.4%
-1.1%
1.9%
###
3.8%
-18.8%
101.17
30.12
53.37
6.2%
7.3%
8.1%
4.0%
###
1.2%
-0.1%
###
###
###
###
###
###
-3.7%
zed Returns
Portfolio Allocations
Randomized Returns
MSFT
-34.4%
-1.2%
^DJI
IBM
MSFT
Err:502
$1.00
$1.00
$1.00
$1.00
$1.00
$0.98
$0.94
$0.66
$0.99
$0.94
3.3%
-1.0%
$1.00
$0.96
$0.68
$0.98
$0.95
14.7%
-15.5%
$1.04
$1.10
$0.78
$0.83
$0.98
-3.8%
25.8%
$1.13
$1.27
$0.75
$1.04
$1.11
15.2%
6.9%
$1.20
$1.41
$0.86
$1.11
$1.20
7.9%
-0.3%
$1.22
$1.40
$0.93
$1.11
$1.22
-1.8%
2.7%
$1.15
$1.30
$0.91
$1.14
$1.17
5.6%
13.9%
$1.22
$1.41
$0.97
$1.30
$1.26
0.4%
-3.4%
$1.21
$1.42
$0.97
$1.25
$1.25
-3.8%
25.8%
$1.33
$1.64
$0.93
$1.58
$1.41
6.9%
0.9%
$1.38
$1.72
$1.00
$1.59
$1.46
2.3%
0.3%
$1.42
$1.71
$1.02
$1.59
$1.49
0.0%
10.7%
$1.51
$2.01
$1.02
$1.76
$1.62
7.9%
-0.3%
$1.54
$2.00
$1.10
$1.76
$1.64
-14.2%
4.8%
$1.53
$1.85
$0.94
$1.84
$1.61
0.4%
-3.4%
$1.52
$1.87
$0.95
$1.78
$1.60
0.4%
-3.4%
$1.52
$1.88
$0.95
$1.72
$1.58
1.4%
11.1%
$1.50
$2.17
$0.96
$1.91
$1.66
5.0%
1.0%
$1.56
$2.44
$1.01
$1.93
$1.75
7.6%
-4.0%
$1.58
$2.42
$1.09
$1.85
$1.75
1.1%
2.7%
$1.58
$2.59
$1.10
$1.90
$1.79
3.1%
-5.0%
$1.64
$2.91
$1.13
$1.81
$1.86
15.5%
-8.0%
$1.64
$2.75
$1.31
$1.66
$1.84
1.1%
2.7%
$1.64
$2.94
$1.32
$1.71
$1.88
-4.9%
-5.9%
$1.60
$2.86
$1.26
$1.61
$1.81
-9.3%
-5.0%
$1.60
$2.65
$1.14
$1.53
$1.75
-3.7%
-1.9%
$1.57
$2.60
$1.10
$1.50
$1.71
14.7%
-15.5%
$1.63
$2.97
$1.26
$1.27
$1.77
-3.8%
5.0%
$1.70
$3.08
$1.21
$1.33
$1.83
-5.5%
0.0%
$1.69
$2.85
$1.15
$1.33
$1.79
-5.5%
4.9%
$1.79
$2.89
$1.08
$1.40
$1.85
-7.3%
-8.5%
$1.68
$2.78
$1.00
$1.28
$1.74
2.3%
0.3%
$1.73
$2.76
$1.03
$1.28
$1.76
3.1%
-5.0%
$1.79
$3.10
$1.06
$1.22
$1.83
7.9%
5.2%
$1.89
$3.42
$1.14
$1.28
$1.95
8.9%
0.1%
$1.94
$3.41
$1.24
$1.28
$1.99
2.2%
3.3%
$1.97
$3.43
$1.27
$1.33
$2.02
2.3%
0.3%
$2.02
$3.40
$1.30
$1.33
$2.05
3.3%
-1.0%
$2.04
$3.47
$1.34
$1.32
$2.08
15.2%
6.9%
$2.17
$3.86
$1.55
$1.41
$2.25
13.7%
-1.1%
$2.18
$4.31
$1.76
$1.39
$2.33
2.3%
5.3%
$2.17
$4.63
$1.80
$1.46
$2.39
8.1%
4.0%
$2.30
$4.97
$1.95
$1.52
$2.54
5.0%
1.0%
$2.38
$5.60
$2.04
$1.54
$2.66
28.2%
3.4%
$2.52
$5.86
$2.62
$1.59
$2.85
15.2%
6.9%
$2.67
$6.52
$3.02
$1.70
$3.09
-1.1%
1.9%
$2.69
$6.62
$2.99
$1.73
$3.12
-3.3%
-11.9%
$2.59
$5.91
$2.89
$1.53
$2.91
10.4%
5.6%
$2.81
$6.33
$3.19
$1.61
$3.14
11.8%
7.6%
$2.92
$7.05
$3.56
$1.73
$3.36
7.2%
0.6%
$2.88
$6.83
$3.82
$1.74
$3.34
2.1%
4.6%
$2.93
$6.64
$3.90
$1.82
$3.38
-24.4%
2.5%
$3.03
$6.03
$2.95
$1.87
$3.32
13.6%
12.4%
$3.11
$7.11
$3.35
$2.10
$3.61
1.7%
12.3%
$3.17
$7.51
$3.41
$2.36
$3.78
-34.4%
-1.2%
$3.12
$7.08
$2.24
$2.33
$3.56
0.7%
2.2%
$3.21
$7.89
$2.25
$2.38
$3.72
-4.2%
0.6%
$3.25
$7.81
$2.16
$2.40
$3.72
-10.4%
-9.5%
$3.04
$6.96
$1.93
$2.17
$3.41
-4.1%
1.6%
$3.07
$6.78
$1.86
$2.20
$3.41
8.0%
7.1%
$3.18
$7.38
$2.00
$2.36
$3.60
-10.3%
-11.6%
$2.83
$6.78
$1.80
$2.09
$3.22
-16.2%
2.4%
$2.69
$7.05
$1.51
$2.13
$3.14
-8.2%
-1.8%
$2.60
$7.11
$1.38
$2.10
$3.05
-13.8%
-8.5%
$2.46
$6.77
$1.19
$1.92
$2.84
7.2%
0.6%
$2.42
$6.55
$1.28
$1.93
$2.83
-12.7%
-34.0%
$2.05
$5.58
$1.12
$1.27
$2.30
-6.0%
4.0%
$2.07
$5.55
$1.05
$1.32
$2.31
15.5%
-8.0%
$2.07
$5.24
$1.21
$1.22
$2.29
0.0%
10.7%
$2.21
$6.17
$1.21
$1.35
$2.49
3.3%
-1.0%
$2.23
$6.30
$1.25
$1.33
$2.52
0.2%
-2.9%
$2.19
$6.29
$1.25
$1.30
$2.48
18.9%
15.7%
$2.36
$7.24
$1.49
$1.50
$2.78
-8.2%
-1.8%
$2.28
$7.31
$1.37
$1.47
$2.70
15.5%
-8.0%
$2.28
$6.90
$1.58
$1.35
$2.67
-2.6%
0.1%
$2.27
$6.64
$1.54
$1.36
$2.64
28.2%
3.4%
$2.40
$6.95
$1.97
$1.40
$2.83
7.4%
-10.3%
$2.24
$6.22
$2.12
$1.26
$2.64
-2.6%
0.1%
$2.23
$5.99
$2.06
$1.26
$2.61
4.9%
-6.2%
$2.20
$5.75
$2.17
$1.18
$2.55
2.6%
-0.2%
$2.23
$5.74
$2.22
$1.18
$2.57
6.9%
0.9%
$2.32
$6.04
$2.37
$1.19
$2.67
15.5%
-8.0%
$2.32
$5.70
$2.74
$1.09
$2.64
-0.3%
-4.3%
$2.25
$5.63
$2.73
$1.05
$2.57
8.1%
4.0%
$2.39
$6.04
$2.95
$1.09
$2.73
-3.8%
25.8%
$2.62
$6.98
$2.84
$1.37
$3.08
-34.4%
-1.2%
$2.58
$6.58
$1.87
$1.35
$2.90
-10.4%
-9.5%
$2.42
$5.87
$1.67
$1.22
$2.66
-4.1%
1.6%
$2.44
$5.71
$1.60
$1.24
$2.66
-8.7%
5.9%
$2.47
$5.46
$1.47
$1.32
$2.66
8.1%
4.0%
$2.62
$5.86
$1.58
$1.37
$2.82
4.7%
5.5%
$2.54
$4.90
$1.66
$1.45
$2.73
-6.0%
2.9%
$2.49
$4.66
$1.56
$1.49
$2.68
1.3%
1.8%
$2.51
$4.79
$1.58
$1.51
$2.72
0.4%
-3.2%
$2.56
$4.84
$1.58
$1.46
$2.74
-34.4%
-1.2%
$2.52
$4.56
$1.04
$1.45
$2.58
-5.8%
-1.3%
$2.47
$4.44
$0.98
$1.43
$2.52
-7.3%
-8.5%
$2.33
$4.28
$0.91
$1.31
$2.37
8.9%
0.1%
$2.38
$4.26
$0.99
$1.31
$2.42
-3.9%
-5.8%
$2.36
$3.80
$0.95
$1.23
$2.31
5.5%
3.1%
$2.27
$3.86
$1.00
$1.27
$2.31
-8.7%
5.9%
$2.30
$3.68
$0.92
$1.35
$2.30
15.2%
6.9%
$2.44
$4.10
$1.06
$1.44
$2.49
15.5%
-8.0%
$2.44
$3.87
$1.22
$1.32
$2.46
-5.9%
0.1%
$2.39
$3.93
$1.15
$1.32
$2.44
4.2%
4.3%
$2.43
$3.69
$1.19
$1.38
$2.46
2.1%
4.6%
$2.47
$3.58
$1.22
$1.45
$2.49
5.5%
3.1%
$2.38
$3.64
$1.29
$1.49
$2.48
-4.9%
-5.9%
$2.31
$3.54
$1.22
$1.40
$2.39
-6.5%
-11.7%
$2.14
$3.40
$1.14
$1.24
$2.21
2.6%
-0.2%
$2.16
$3.39
$1.17
$1.24
$2.23
1.7%
12.3%
$2.21
$3.59
$1.20
$1.39
$2.34
15.5%
-8.0%
$2.21
$3.39
$1.38
$1.28
$2.31
2.9%
-2.1%
$2.20
$3.26
$1.42
$1.25
$2.28
15.5%
-8.0%
$2.20
$3.07
$1.64
$1.15
$2.26
3.3%
-1.0%
$2.23
$3.14
$1.69
$1.14
$2.28
2.2%
3.3%
$2.26
$3.16
$1.73
$1.18
$2.32
-13.3%
-12.6%
$2.16
$2.54
$1.50
$1.03
$2.09
2.2%
23.6%
$2.24
$2.06
$1.53
$1.27
$2.16
2.6%
-0.2%
$2.27
$2.06
$1.57
$1.27
$2.17
5/24/2006
End Date:
5/23/2016
121
121
Asset A = ^DJI
Asset B = IBM
Asset C =
MSFT
Date
Apr 30/97
54.75
56.50
54.00
55.50
22,496,200
May 1/97
55.38
58.25
53.25
55.00
5,128,500
Jun 2/97
55.63
66.12
54.38
63.06
5,075,800
Jul 1/97
63.75
73.62
63.31
71.94
4,797,100
Aug 1/97
72.00
72.62
63.00
63.50
4,855,000
58
Sep 2/97
65.25
73.37
63.50
68.31
6,350,100
Oct 1/97
69.75
76.44
64.69
70.00
8,341,700
53
Nov 3/97
70.75
76.00
48.25
50.88
6,010,600
Dec 1/97
51.00
57.38
50.94
53.88
6,507,600
10
Jan 2/98
54.00
54.38
45.13
49.56
7,562,600
Feb 2/98
50.63
56.31
50.63
55.63
5,240,000
Mar 2/98
55.06
63.38
54.06
60.00
5,659,600
C
6
7
8
11
12
13
48
43
Open
High
Low
Close
Volume
Apr 1/98
60.44
73.50
59.19
61.19
10,441,700
May 1/98
62.00
65.00
59.38
61.25
6,296,700
Jun 1/98
61.06
65.31
59.13
60.63
7,342,100
16
Jul 1/98
61.44
72.94
61.13
67.25
9,360,200
17
Aug 3/98
67.00
67.25
43.75
44.38
13,659,400
18
Sep 1/98
44.13
46.50
37.13
37.50
25,608,800
19
Oct 1/98
36.25
47.63
28.50
47.00
34,097,400
Nov 2/98
46.75
53.25
41.56
50.25
30,066,600
Dec 1/98
48.75
52.19
45.50
49.69
16,804,100
Jan 4/99
50.13
59.44
49.00
56.06
24,538,100
Feb 1/99
56.25
60.19
50.13
58.75
20,968,200
14
15
20
38
33
28
21
22
23
23
24
Mar 1/99
59.44
66.44
57.44
63.88
17,613,300
25
Apr 1/99
64.50
77.62
64.19
74.87
20,169,300
26
May 3/99
74.50
75.50
62.19
66.25
17,272,000
27
Jun 1/99
43.88
49.00
40.13
47.50
11,894,700
28
Jul 1/99
47.56
50.94
44.50
44.56
11,384,600
29
Aug 2/99
44.94
50.44
41.19
44.44
12,503,600
30
Sep 1/99
44.44
46.50
41.88
44.00
14,212,100
31
Oct 1/99
43.00
56.00
42.06
54.25
18,941,100
32
Nov 1/99
53.75
58.25
51.56
53.88
16,913,400
33
Dec 1/99
53.06
57.56
53.00
55.69
11,571,100
34
Jan 3/00
55.63
60.13
49.50
57.00
15,685,800
35
Feb 1/00
57.56
58.63
47.13
51.75
17,911,100
36
Mar 1/00
53.25
62.38
47.75
59.88
16,598,400
37
Apr 3/00
60.00
65.44
56.00
59.00
15,572,900
38
May 1/00
60.19
63.38
56.38
62.19
11,431,200
39
Jun 1/00
63.00
67.62
60.00
60.25
11,456,000
40
Jul 3/00
60.69
72.00
60.56
70.50
9,945,900
41
Aug 1/00
70.94
78.31
56.81
58.39
9,080,900
42
Sep 1/00
58.63
59.06
51.13
54.06
12,755,000
43
Oct 2/00
54.06
57.13
44.50
52.63
14,345,200
44
Nov 1/00
52.00
55.81
46.50
49.81
12,943,900
45
Dec 1/00
50.88
53.69
46.75
51.06
14,944,100
46
Jan 2/01
51.75
57.38
50.06
55.97
16,284,200
47
Feb 1/01
55.75
56.69
45.50
49.18
13,117,800
18
13
48
Mar 1/01
48.30
51.50
39.00
44.98
17,339,400
49
Apr 2/01
44.55
52.49
41.40
49.15
14,164,700
50
May 1/01
49.20
53.00
48.91
51.25
10,995,100
51
Jun 1/01
51.26
53.75
47.75
52.84
11,694,000
52
Jul 2/01
52.95
53.73
47.30
50.21
11,861,300
53
Aug 1/01
50.70
51.44
44.50
45.80
10,479,800
54
Sep 4/01
46.25
47.30
34.51
40.50
20,699,900
55
Oct 1/01
40.78
48.75
40.50
45.52
15,742,900
56
Nov 1/01
45.45
50.99
44.70
47.90
12,726,900
57
Dec 3/01
48.00
51.80
46.00
50.48
12,448,700
58
Jan 2/02
50.02
52.20
45.21
47.40
13,704,700
59
Feb 1/02
47.01
47.40
41.50
45.25
17,731,500
60
Mar 1/02
45.50
50.49
44.82
49.52
13,666,300
61
Apr 1/02
49.15
49.80
42.75
43.30
13,318,500
62
May 1/02
43.30
47.09
42.09
43.18
12,754,900
63
Jun 3/02
43.45
43.74
36.00
38.75
19,484,800
64
Jul 1/02
38.95
39.75
24.48
33.54
34,272,400
65
Aug 1/02
33.00
36.40
28.60
32.75
20,230,300
66
Sep 3/02
30.99
31.80
26.15
29.65
25,030,000
67
Oct 1/02
30.02
37.25
25.08
36.95
24,539,300
68
Nov 1/02
36.75
39.50
34.29
38.88
17,594,300
69
Dec 2/02
38.89
39.48
34.60
35.19
14,460,400
70
Jan 2/03
35.70
38.90
33.65
34.35
17,022,300
71
Feb 3/03
34.38
35.01
31.05
33.34
15,439,500
72
Mar 3/03
33.85
37.20
30.25
34.45
16,691,100
73
Apr 1/03
34.46
40.40
34.46
39.25
16,601,400
74
May 1/03
39.05
41.64
38.09
41.02
15,082,800
75
Jun 2/03
41.48
45.72
40.70
42.80
13,856,000
76
Jul 1/03
42.36
48.15
42.35
44.80
14,339,900
77
Aug 1/03
45.08
45.58
42.48
43.35
12,215,500
78
Sep 2/03
43.35
47.48
43.25
45.51
13,396,300
79
Oct 1/03
45.96
49.15
45.74
47.40
12,790,900
80
Nov 3/03
47.60
48.98
44.84
47.03
12,068,500
81
Dec 1/03
47.41
48.64
46.00
48.54
10,146,500
82
Jan 2/04
49.05
51.11
48.54
49.48
14,018,200
83
Feb 2/04
49.50
50.36
47.99
50.26
12,296,200
84
Mar 1/04
50.60
52.05
48.60
51.70
15,054,300
85
Apr 1/04
51.98
52.88
47.85
48.09
13,770,600
86
May 3/04
48.10
49.18
44.83
46.43
14,922,000
87
Jun 1/04
46.46
47.62
46.06
46.50
11,537,700
88
Jul 1/04
46.50
46.75
43.55
44.09
14,550,000
89
Aug 2/04
43.17
46.81
42.99
46.58
10,237,000
90
Sep 1/04
46.57
47.47
43.54
44.12
14,138,300
91
Oct 1/04
44.47
45.18
42.10
44.37
14,759,700
92
Nov 1/04
44.45
47.10
44.21
44.75
15,129,900
93
Dec 1/04
45.03
49.06
44.93
48.18
13,399,400
94
Jan 3/05
49.00
49.30
47.25
49.05
16,445,300
95
Feb 1/05
49.30
49.99
47.60
47.72
14,774,600
96
Mar 1/05
47.93
48.68
44.05
44.94
17,248,900
97
Apr 1/05
45.50
47.15
43.80
46.96
15,991,700
98
May 2/05
46.96
48.14
45.76
47.11
12,113,800
99
Jun 1/05
47.12
48.10
46.20
46.23
11,446,300
100
Jul 1/05
46.50
46.81
43.50
43.50
19,511,700
101
Aug 1/05
43.60
44.43
42.91
43.77
15,789,100
102
Sep 1/05
43.60
45.87
43.38
45.52
14,388,100
103
Oct 3/05
45.74
46.25
44.00
45.78
16,359,800
104
Nov 1/05
45.95
49.76
45.21
48.55
16,706,800
105
Dec 1/05
48.96
49.73
48.22
48.53
13,759,900
106
Jan 3/06
49.00
49.58
45.63
46.58
17,841,900
107
Feb 1/06
46.59
47.13
44.81
46.37
15,070,900
108
Mar 1/06
46.39
48.01
45.80
47.23
14,071,000
109
Apr 3/06
47.41
49.95
47.15
49.95
17,924,900
110
May 1/06
50.00
50.72
48.43
49.30
16,741,600
111
Jun 1/06
49.38
50.41
47.47
48.25
16,760,900
112
Jul 3/06
48.60
49.73
46.22
48.31
16,390,000
113
Aug 1/06
48.31
49.71
47.22
49.35
12,112,700
114
Sep 1/06
49.70
50.35
48.42
49.67
13,625,900
115
Oct 2/06
49.68
51.33
49.28
50.16
17,958,200
116
Nov 1/06
50.55
50.95
49.43
49.59
15,429,500
117
Dec 1/06
49.59
57.00
48.83
55.70
22,258,800
118
Jan 3/07
55.66
56.28
53.50
55.13
18,904,400
119
Feb 1/07
55.13
55.50
49.56
50.37
21,616,000
120
Mar 1/07
49.75
52.50
48.05
51.34
23,504,500
121
Apr 2/07
51.31
53.94
50.41
53.37
21,280,600
122
121
121
< months
60.67
13.08
Asset D =
121
Adj Close
13.86
13.77
15.79
18.05
15.94
17.14
17.60
19.19
20.33
18.70
21.04
22.69
23.19
23.21
22.97
25.53
16.85
14.24
17.92
19.15
18.94
21.44
22.47
24.43
28.71
25.41
27.33
25.71
25.64
25.39
31.39
31.17
32.22
32.98
30.02
34.74
34.32
36.17
35.05
41.01
45.40
42.04
40.92
38.84
39.81
43.64
38.44
35.16
38.42
40.17
41.42
39.36
36.01
31.85
35.79
37.80
39.83
37.53
35.83
39.21
34.28
34.33
30.81
26.66
28.07
25.41
31.83
33.49
30.31
29.75
28.88
29.84
34.00
35.71
37.26
39.31
38.04
39.93
41.90
41.57
42.91
44.09
44.79
46.07
43.21
41.72
41.78
39.98
42.24
40.01
40.60
40.95
44.09
44.89
44.06
41.49
43.77
43.91
43.09
40.95
41.20
42.85
43.10
46.15
46.13
44.28
44.55
45.37
48.48
47.85
46.83
46.89
48.39
48.70
49.18
49.10
55.15
54.59
50.37
51.34
53.37