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Mutual Funds
WPSGX: The Alliance Bernstein Concentrated Growth Fund, the fund objective is long-term growth of capital, and it is achieved by
investing in companies that have market capitalization of over $5 billion, which is considered large-cap.
The fund, which only invests in U.S. listed common stocks uses an appraisal method to examine perspective
companies, such as earnings growth, profits projection, accuracy, quality of management, etc.
International Fund
VEUAX: The JP Morgan Intrepid European A fund objective is long-term capital appreciation, invest in companies that issue equity securities in countries other than the U.S., the fund
mostly invest in Western European companies with at least 80% of its value of assets in securities of European issuers.
ACIIX: American Century Equity Income Instl: the fund seeks current income, capital appreciation is secondary. The fund invests in companies with a favorable
income-paying history and is likely to make income payments in the future. It also invests in undervalued companies that have the potential to increase their
stock prices. A portion of its assets are invested in foreign securities.
OREAX: Oppenheimer Real Estate A seeks total returns. The fund invests at least 80% of its assets in common stocks and other equity security in real estate companies.
It primarily invests in real estate trust (REITs)
FRNRX: Franklin Natural Resources A objective is high total returns, which consist of both capital appreciation and current dividend income.
The fund invests at least 80% of its assets and debts in companies that are in the natural resources sector.
PESPX Dreyfus MidCap Index seeks to match the performance of the S&P MidCap 400 Index. It is invested in all 400 stocks in the S&P MidCap 400 index
The Alliance Bernstein Concentrated Growth Fund, the fund objective is long-term growth of capital, and it is achieved by
investing in companies that have market capitalization of over $5 billion, which is considered large-cap.
The fund, which only invests in U.S. listed common stocks uses an appraisal method to examine perspective
companies, such as earnings growth, profits projection, accuracy, quality of management, etc.
The JP Morgan Intrepid European A fund objective is long-term capital appreciation, invest in companies that issue equity securities in countries other than the U.S., the fund
mostly invest in Western European companies with at least 80% of its value of assets in securities of European issuers.
American Century Equity Income Instl: the fund seeks current income, capital appreciation is secondary. The fund invests in companies with a favorable
income-paying history and is likely to make income payments in the future. It also invests in undervalued companies that have the potential to increase their
Oppenheimer Real Estate A seeks total returns. The fund invests at least 80% of its assets in common stocks and other equity security in real estate companies.
Franklin Natural Resources A objective is high total returns, which consist of both capital appreciation and current dividend income.
The fund invests at least 80% of its assets and debts in companies that are in the natural resources sector.
Dreyfus MidCap Index seeks to match the performance of the S&P MidCap 400 Index. It is invested in all 400 stocks in the S&P MidCap 400 index
Date WPSGX VEUAX ACIIX OREAX FRNRX
July-15 0.02991453 0.004788548 -0.0174584 -0.034658913 -0.121424034
April-15 0.058424385 0.072314845 0.021137173 -0.070572431 0.146919395
January-15 -0.0041501 -0.01490416 0.006736343 0.10937753 -0.166887195
October-14 0.0652427 -0.05319975 0.039425292 0.075335865 -0.172756671
July-14 0.027944156 -0.0374768 0.014191529 0.034665157 0.01105796
April-14 0.051561987 0.063955822 0.074588418 0.0961361 0.146685934
January-14 0.020964396 0.022344761 -0.003641359 -0.008404391 -0.054940231
October-13 0.034707125 0.110663119 0.019828959 0.018627033 0.095238176
July-13 0.072591875 0.070503588 0.03208166 -0.075871235 0.017256949
April-13 0.083165327 0.026082682 0.061132681 0.10030672 -0.057363075
January-13 0.042564301 0.150154112 0.054340162 0.067117696 0.064075381
October-12 0.052544427 0.114641804 0.028244413 -0.028510192 0.045065031
July-12 -0.047920011 -0.08180782 0.022044609 0.017594569 -0.120078226
April-12 0.119693519 0.071078492 0.034490011 0.06485499 -0.032423592
January-12 0.026013129 -0.00470776 0.049008686 0.074772546 0.016475598
October-11 0.014110551 -0.10343013 -0.005723709 -0.053538995 -0.145750982
July-11 -0.025178015 -0.09460102 -0.046500402 -0.000534872 -0.040223456
April-11 0.035869165 0.09811117 0.060869964 0.096542635 0.089868458
January-11 0.057596488 0.058908064 0.058006412 0.063806301 0.197865187
October-10 0.12776461 0.125615737 0.067081459 0.068261069 0.146004568
July-10 -0.080842922 -0.05195552 -0.039051069 -0.016885946 -0.082377789
April-10 0.071841889 0.040072829 0.080215604 0.246122074 0.123770774
January-10 0.036660663 -0.01207146 0.029720926 0.074923586 0.022838381
October-09 0.051614987 0.055831235 0.033293446 0.149775981 0.098009788
July-09 0.082618999 0.228658627 0.090161946 0.084757575 0.180931298
April-09 0.14989659 0.064071375 0.011667301 0.097535832 0.144669877
January-09 -0.114108645 -0.12642669 -0.059463795 -0.265460043 -0.091818913
October-08 -0.188443406 -0.36348413 -0.13124947 -0.293270743 -0.456234017
July-08 -0.058064099 -0.10056493 -0.063070923 -0.079857688 -0.059196139
April-08 0.00640042 0.053571355 0.013442924 0.078768994 0.158693977
January-08 -0.104185351 -0.17152699 -0.08099922 -0.143372643 -0.096819857
October-07 0.05990685 0.094125033 0.051689058 0.141480779 0.157610147
July-07 -0.025861226 0.013444319 -0.027115886 -0.172910861 0.074788526
April-07 0.013232011 0.083969456 0.037793359 -0.051484429 0.149802512
January-07 0.025839234 0.08769325 0.038426818 0.119338819 0.040213321
October-06 0.136747523 0.08815542 0.072690487 0.122394249 -0.025596749
July-06 -0.077851444 -0.02239949 0.020063825 0.063892769 -0.032015542
April-06 0.006202053 0.130472203 0.038600378 0.031722752 0.002791689
January-06 0.022676735 0.162188361 0.045865194 0.129397002 0.214231465
October-05 -0.012613544 0.018053872 -0.025222501 -0.052245226 0.048353897
WPSGX VEUAX ACIIX OREAX FRNRX
AM 0.021127296 0.021772836 0.017683558 0.02199825 0.015932795
Geometric mean 0.018702695 0.015752715 0.016558957 0.015720862 0.006318746
Standard Dev (Sample) 0.069798554 0.106143069 0.047582663 0.109667772 0.1319892
Standard Dev (Population) 0.06892055 0.104807883 0.046984115 0.108288248 0.130328893
Invested 10 years ago
10,000.00$ 20,984.48$ 18,686.14$ 19,288.70$ 18,662.72$ 12,865.38$
Coefficient of Variation 3.262156626 4.813699161 2.656937956 4.922584599 8.17991372
ACIIX shows the best return per unit of risk on GRAPH 2
PESPX Price relative RQ-WPSGX Price relative RQ-VEUAX Price relative RQ-ACIIX
0.007708197 1.02991453 1.004788548 0.9825416
0.04809874 1.058424385 1.072314845 1.021137173
0.014709417 0.9958499 0.985095842 1.006736343
0.037931097 1.0652427 0.946800252 1.039425292
0.013440812 1.027944156 0.962523204 1.014191529
0.035306675 1.051561987 1.063955822 1.074588418
0.021288962 1.020964396 1.022344761 0.996358641
0.049315884 1.034707125 1.110663119 1.019828959
0.064643387 1.072591875 1.070503588 1.03208166
0.063462845 1.083165327 1.026082682 1.061132681
0.118114603 1.042564301 1.150154112 1.054340162
0.045634219 1.052544427 1.114641804 1.028244413
-0.049846364 0.952079989 0.918192181 1.022044609
0.06134802 1.119693519 1.071078492 1.034490011
0.056480966 1.026013129 0.995292241 1.049008686
-0.057005604 1.014110551 0.896569875 0.994276291
-0.068755947 0.974821985 0.905398981 0.953499598
0.10015341 1.035869165 1.09811117 1.060869964
0.117977662 1.057596488 1.058908064 1.058006412
0.093434298 1.12776461 1.125615737 1.067081459
-0.074045209 0.919157078 0.948044478 0.960948931
0.173833494 1.071841889 1.040072829 1.080215604
0.068994093 1.036660663 0.987928541 1.029720926
0.051934941 1.051614987 1.055831235 1.033293446
0.122927324 1.082618999 1.228658627 1.090161946
0.131106532 1.14989659 1.064071375 1.011667301
-0.118590325 0.885891355 0.873573311 0.940536205
-0.287861636 0.811556594 0.636515872 0.86875053
-0.042805711 0.941935901 0.899435067 0.936929077
0.045505761 1.00640042 1.053571355 1.013442924
-0.112385093 0.895814649 0.828473014 0.91900078
0.062080017 1.05990685 1.094125033 1.051689058
-0.018221892 0.974138774 1.013444319 0.972884114
0.050495166 1.013232011 1.083969456 1.037793359
0.065034168 1.025839234 1.08769325 1.038426818
0.05771958 1.136747523 1.08815542 1.072690487
-0.073186744 0.922148556 0.977600511 1.020063825
0.03008784 1.006202053 1.130472203 1.038600378
0.116905918 1.022676735 1.162188361 1.045865194
-0.025578139 0.987386456 1.018053872 0.974777499
PESPX
0.024934784
0.021172526
0.084974307
0.083905405
23,118.78$
3.364994235
Price relative RQ-OREAX Price relative RQ-FRNRX Price relative RQ-PESPX
0.965341087 0.878575966 1.007708197
0.929427569 1.146919395 1.04809874
1.10937753 0.833112805 1.014709417
1.075335865 0.827243329 1.037931097
1.034665157 1.01105796 1.013440812
1.0961361 1.146685934 1.035306675
0.991595609 0.945059769 1.021288962
1.018627033 1.095238176 1.049315884
0.924128765 1.017256949 1.064643387
1.10030672 0.942636925 1.063462845
1.067117696 1.064075381 1.118114603
0.971489808 1.045065031 1.045634219
1.017594569 0.879921774 0.950153636
1.06485499 0.967576408 1.06134802
1.074772546 1.016475598 1.056480966
0.946461005 0.854249018 0.942994396
0.999465128 0.959776544 0.931244053
1.096542635 1.089868458 1.10015341
1.063806301 1.197865187 1.117977662
1.068261069 1.146004568 1.093434298
0.983114054 0.917622211 0.925954791
1.246122074 1.123770774 1.173833494
1.074923586 1.022838381 1.068994093
1.149775981 1.098009788 1.051934941
1.084757575 1.180931298 1.122927324
1.097535832 1.144669877 1.131106532
0.734539957 0.908181087 0.881409675
0.706729257 0.543765983 0.712138364
0.920142312 0.940803861 0.957194289
1.078768994 1.158693977 1.045505761
0.856627357 0.903180143 0.887614907
1.141480779 1.157610147 1.062080017
0.827089139 1.074788526 0.981778108
0.948515571 1.149802512 1.050495166
1.119338819 1.040213321 1.065034168
1.122394249 0.974403251 1.05771958
1.063892769 0.967984458 0.926813256
1.031722752 1.002791689 1.03008784
1.129397002 1.214231465 1.116905918
0.947754774 1.048353897 0.974421861
Covariance Matrix
WPSGX VEUAX ACIIX OREAX FRNRX PESPX
WPSGX 0.004750042 0.005418139 0.002595171 0.005074159 0.005247588 0.004991
VEUAX 0.005418139 0.010984692 0.004049658 0.007061291 0.011143416 0.007631
ACIIX 0.002595171 0.004049658 0.002207507 0.00410796 0.00402928 0.003431
OREAX 0.005074159 0.007061291 0.00410796 0.011726345 0.007271641 0.007041
FRNRX 0.005247588 0.011143416 0.00402928 0.007271641 0.01698562 0.008522
PEOPX 0.004990777 0.007631071 0.003430583 0.007041226 0.008521997 0.00704
Verified Inverse
1.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000
0.000000000 1.000000000 0.000000000 0.000000000 0.000000000 0.000000000
0.000000000 0.000000000 1.000000000 0.000000000 0.000000000 0.000000000
0.000000000 0.000000000 0.000000000 1.000000000 0.000000000 0.000000000
0.000000000 0.000000000 0.000000000 0.000000000 1.000000000 0.000000000
0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 1.000000000
Determinant 1.73239E-16
Inverse of the Covariance Matrix
947.8453835 -46.5264662 -300.615 56.07336 131.0497 -689.73
-46.52646622 558.8969217 -491.244 98.27306 -155.903 -243.02
-300.6153352 -491.24395 2841.084 -445.453 73.58369 -282.395
56.07335729 98.27305891 -445.453 295.7588 25.85042 -256.305
131.0497157 -155.902671 73.58369 25.85042 216.2898 -247.441
-689.7304083 -243.019636 -282.395 -256.305 -247.441 1587.894
Correlation Matrix
WPSGX VEUAX ACIIX OREAX FRNRX PESPX
WPSGX 1 0.75008 0.801431 0.679883 0.584211741 0.863037
VEUAX 0.750079815 1 0.822382 0.62217 0.815800013 0.867764
ACIIX 0.801431098 0.822382 1 0.807409 0.658014902 0.870216
OREAX 0.679882723 0.62217 0.807409 1 0.515240995 0.774956
FRNRX 0.584211741 0.8158 0.658015 0.515241 1 0.779311
PEOPX 0.86303713 0.867764 0.870216 0.774956 0.779310908 1
Verified the Inverse
1.0000000 0.0000000 0.0000000 0.0000000 0.0000000 0.0000000
0.0000000 1.0000000 0.0000000 0.0000000 0.0000000 0.0000000
0.0000000 0.0000000 1.0000000 0.0000000 0.0000000 0.0000000
0.0000000 0.0000000 0.0000000 1.0000000 0.0000000 0.0000000
0.0000000 0.0000000 0.0000000 0.0000000 1.0000000 0.0000000
0.0000000 0.0000000 0.0000000 0.0000000 0.0000000 1.0000000
Determinant 0.001073
Inverse of the Correlation Matrix
4.50230561 -0.33608 -0.97344 0.418491 1.177133 -3.98858
-0.336080066 6.139311 -2.41904 1.115346 -2.12955 -2.1371
-0.973443883 -2.41904 6.271714 -2.26639 0.450581 -1.11326
0.418491483 1.115346 -2.26639 3.468169 0.364829 -2.32878
1.177132969 -2.12955 0.450581 0.364829 3.673817 -2.70584
-3.988577604 -2.1371 -1.11326 -2.32878 -2.70584 11.17896
Date 3 Months T-bill Effective Quarterly Rates S&P 500 Dow jones Industrial
Jul-15 0.000075 -0.00388 -0.00463047
Apr-15 0.00005 0.045374 0.039357528
Jan-15 0.000075 -0.01143 -0.01297086
Oct-14 0.00005 0.045259 0.049942946
Jul-14 0.000075 0.024799 -0.001057847
Apr-14 0.000075 0.056861 0.056181822
Jan-14 0.0001 0.01483 0.009848351
Oct-13 0.000125 0.042006 0.002981379
Jul-13 0.0001 0.055184 0.044457472
Apr-13 0.00015 0.06639 0.070647837
Jan-13 0.000175 0.060864 0.058345538
Oct-12 0.00025 0.023809 0.006747802
Jul-12 0.00025 -0.0133 -0.015510499
Apr-12 0.0002 0.065147 0.045968823
Jan-12 0.000075 0.047163 0.05670426
Oct-11 0.00005 -0.03016 -0.015500805
Jul-11 0.0001 -0.05231 -0.05208992
Apr-11 0.00015 0.060251 0.077246502
Jan-11 0.000375 0.086929 0.069563403
Oct-10 0.000325 0.074129 0.06234987
Jul-10 0.0004 -0.0717 -0.049295052
Apr-10 0.0004 0.105059 0.093498475
Jan-10 0.00015 0.036364 0.036508788
Oct-09 0.000175 0.049328 0.058999456
Jul-09 0.00045 0.13138 0.122854463
Apr-09 0.0004 0.056824 0.020905253
Jan-09 0.000325 -0.14748 -0.141999848
Oct-08 0.001725 -0.23563 -0.180436491
Jul-08 0.00415 -0.08531 -0.112487939
Apr-08 0.003275 0.005107 0.013420171
Jan-08 0.00705 -0.11026 -0.09186282
Oct-07 0.01 0.064668 0.05434609
Jul-07 0.0124 -0.01828 0.011412465
Apr-07 0.012525 0.030683 0.034957284
Jan-07 0.012775 0.043761 0.044778751
Oct-06 0.012625 0.079332 0.080017487
Jul-06 0.0127 -0.0259 -0.015963558
Apr-06 0.0118 0.02385 0.046229772
Jan-06 0.01085 0.060538 0.040688425
Oct-05 0.009475 -0.02201 -0.018874326
Date WPSGX Initial $10k investment VEUAX Initial $10k investment ACIIX
July-05 10,000.00 10,000.00
October-05 -0.01261 9,873.86 0.018054 10,180.54 -0.02522
January-06 0.022677 10,097.77 0.162188 11,831.70 0.045865
April-06 0.006202 10,160.40 0.130472 13,375.41 0.0386
July-06 -0.07785 9,369.40 -0.0224 13,075.81 0.020064
October-06 0.136748 10,650.64 0.088155 14,228.51 0.07269
January-07 0.025839 10,925.84 0.087693 15,476.26 0.038427
April-07 0.013232 11,070.41 0.083969 16,775.79 0.037793
July-07 -0.02586 10,784.12 0.013444 17,001.33 -0.02712
October-07 0.059907 11,430.16 0.094125 18,601.58 0.051689
January-08 -0.10419 10,239.31 -0.17153 15,410.91 -0.081
April-08 0.0064 10,304.84 0.053571 16,236.49 0.013443
July-08 -0.05806 9,706.50 -0.10056 14,603.67 -0.06307
October-08 -0.18844 7,877.37 -0.36348 9,295.47 -0.13125
January-09 -0.11411 6,978.50 -0.12643 8,120.27 -0.05946
April-09 0.149897 8,024.55 0.064071 8,640.55 0.011667
July-09 0.082619 8,687.53 0.228659 10,616.29 0.090162
October-09 0.051615 9,135.94 0.055831 11,209.01 0.033293
January-10 0.036661 9,470.87 -0.01207 11,073.70 0.029721
April-10 0.071842 10,151.27 0.040073 11,517.45 0.080216
July-10 -0.08084 9,330.61 -0.05196 10,919.06 -0.03905
October-10 0.127765 10,522.74 0.125616 12,290.66 0.067081
January-11 0.057596 11,128.81 0.058908 13,014.68 0.058006
April-11 0.035869 11,527.99 0.098111 14,291.57 0.06087
July-11 -0.02518 11,237.74 -0.0946 12,939.57 -0.0465
October-11 0.014111 11,396.31 -0.10343 11,601.23 -0.00572
January-12 0.026013 11,692.76 -0.00471 11,546.61 0.049009
April-12 0.119694 13,092.31 0.071078 12,367.33 0.03449
July-12 -0.04792 12,464.93 -0.08181 11,355.58 0.022045
October-12 0.052544 13,119.89 0.114642 12,657.41 0.028244
January-13 0.042564 13,678.33 0.150154 14,557.97 0.05434
April-13 0.083165 14,815.89 0.026083 14,937.68 0.061133
July-13 0.072592 15,891.41 0.070504 15,990.84 0.032082
October-13 0.034707 16,442.95 0.110663 17,760.44 0.019829
January-14 0.020964 16,787.67 0.022345 18,157.29 -0.00364
April-14 0.051562 17,653.27 0.063956 19,318.55 0.074588
July-14 0.027944 18,146.58 -0.03748 18,594.56 0.014192
October-14 0.065243 19,330.51 -0.0532 17,605.33 0.039425
January-15 -0.00415 19,250.29 -0.0149 17,342.94 0.006736
April-15 0.058424 20,374.97 0.072315 18,597.09 0.021137
July-15 0.029915 20,984.48 0.004789 18,686.14 -0.01746
Date PR-WPSGXPR-ACIIX PR-OREAX PR-FRNRX PR-PESPX
July-05
Oct-05 0.987386 0.97 0.947755 1.048353897 0.974422
Jan-06 1.022677 1.05 1.129397 1.214231465 1.116906
Apr-06 1.006202 1.04 1.031723 1.002791689 1.030088
Jul-06 0.922149 1.02 1.063893 0.967984458 0.926813
Oct-06 1.136748 1.07 1.122394 0.974403251 1.05772
Jan-07 1.025839 1.04 1.119339 1.040213321 1.065034
Apr-07 1.013232 1.04 0.948516 1.149802512 1.050495
Jul-07 0.974139 0.97 0.827089 1.074788526 0.981778
Oct-07 1.059907 1.05 1.141481 1.157610147 1.06208
Jan-08 0.895815 0.92 0.856627 0.903180143 0.887615
Apr-08 1.0064 1.01 1.078769 1.158693977 1.045506
Jul-08 0.941936 0.94 0.920142 0.940803861 0.957194
Oct-08 0.811557 0.87 0.706729 0.543765983 0.712138
Jan-09 0.885891 0.94 0.73454 0.908181087 0.88141
Apr-09 1.149897 1.01 1.097536 1.144669877 1.131107
Jul-09 1.082619 1.09 1.084758 1.180931298 1.122927
Oct-09 1.051615 1.03 1.149776 1.098009788 1.051935
Jan-10 1.036661 1.03 1.074924 1.022838381 1.068994
Apr-10 1.071842 1.08 1.246122 1.123770774 1.173833
Jul-10 0.919157 0.96 0.983114 0.917622211 0.925955
Oct-10 1.127765 1.07 1.068261 1.146004568 1.093434
Jan-11 1.057596 1.06 1.063806 1.197865187 1.117978
Apr-11 1.035869 1.06 1.096543 1.089868458 1.100153
Jul-11 0.974822 0.95 0.999465 0.959776544 0.931244
Oct-11 1.014111 0.99 0.946461 0.854249018 0.942994
Jan-12 1.026013 1.05 1.074773 1.016475598 1.056481
Apr-12 1.119694 1.03 1.064855 0.967576408 1.061348
Jul-12 0.95208 1.02 1.017595 0.879921774 0.950154
Oct-12 1.052544 1.03 0.97149 1.045065031 1.045634
Jan-13 1.042564 1.05 1.067118 1.064075381 1.118115
Apr-13 1.083165 1.06 1.100307 0.942636925 1.063463
Jul-13 1.072592 1.03 0.924129 1.017256949 1.064643
Oct-13 1.034707 1.02 1.018627 1.095238176 1.049316
Jan-14 1.020964 1.00 0.991596 0.945059769 1.021289
Apr-14 1.051562 1.07 1.096136 1.146685934 1.035307
Jul-14 1.027944 1.01 1.034665 1.01105796 1.013441
Oct-14 1.065243 1.04 1.075336 0.827243329 1.037931
Jan-15 0.99585 1.01 1.109378 0.833112805 1.014709
Apr-15 1.058424 1.02 0.929428 1.146919395 1.048099
Jul-15 1.029915 0.98 0.965341 0.878575966 1.007708
Initial $10k investment OREAX Initial $10k investment FRNRX
10,000.00 10,000.00
9,747.77 -0.052245226 9,477.55 0.048354
10,194.86 0.129397002 10,703.91 0.214231
10,588.38 0.031722752 11,043.47 0.002792
10,800.83 0.063892769 11,749.07 -0.03202
11,585.94 0.122394249 13,187.09 -0.0256
12,031.16 0.119338819 14,760.82 0.040213
12,485.85 -0.051484429 14,000.87 0.149803
12,147.29 -0.172910861 11,579.97 0.074789
12,775.17 0.141480779 13,218.31 0.15761
11,740.39 -0.143372643 11,323.16 -0.09682
11,898.22 0.078768994 12,215.08 0.158694
11,147.79 -0.079857688 11,239.61 -0.0592
9,684.64 -0.293270743 7,943.36 -0.45623
9,108.76 -0.265460043 5,834.72 -0.09182
9,215.03 0.097535832 6,403.81 0.14467
10,045.88 0.084757575 6,946.58 0.180931
10,380.34 0.149775981 7,987.01 0.09801
10,688.85 0.074923586 8,585.43 0.022838
11,546.27 0.246122074 10,698.49 0.123771
11,095.37 -0.016885946 10,517.84 -0.08238
11,839.67 0.068261069 11,235.80 0.146005
12,526.44 0.063806301 11,952.71 0.197865
13,288.93 0.096542635 13,106.66 0.089868
12,670.99 -0.000534872 13,099.65 -0.04022
12,598.46 -0.053538995 12,398.31 -0.14575
13,215.90 0.074772546 13,325.36 0.016476
13,671.71 0.06485499 14,189.57 -0.03242
13,973.10 0.017594569 14,439.23 -0.12008
14,367.76 -0.028510192 14,027.57 0.045065
15,148.51 0.067117696 14,969.07 0.064075
16,074.58 0.10030672 16,470.56 -0.05736
16,590.28 -0.075871235 15,220.92 0.017257
16,919.24 0.018627033 15,504.44 0.095238
16,857.64 -0.008404391 15,374.14 -0.05494
18,115.02 0.0961361 16,852.15 0.146686
18,372.10 0.034665157 17,436.33 0.011058
19,096.42 0.075335865 18,749.91 -0.17276
19,225.06 0.10937753 20,800.73 -0.16689
19,631.43 -0.070572431 19,332.77 0.146919
19,288.70 -0.034658913 18,662.72 -0.12142
Price relative 5-fund Geometric mean 5-Fund
10,000.00$
0.986538898 -0.013461102 9865.388975
1.105815263 0.105815263 10909.2977
1.021880942 0.021880942 11148.00342
0.980180573 -0.019819427 10927.05637
1.072791018 0.072791018 11722.44793
1.057770472 0.057770472 12399.65928
1.039967724 0.039967724 12895.24544
0.966135732 -0.033864268 12458.55739
1.09455337 0.09455337 13636.55598
0.892447567 -0.107552433 12169.91121
1.060562415 0.060562415 12906.95043
0.939401088 -0.060598912 12124.80327
0.728588146 -0.271411854 8833.987934
0.870111656 -0.129888344 7686.555867
1.106975226 0.106975226 8508.82692
1.112279429 0.112279429 9464.193145
1.076925829 0.076925829 10192.23404
1.04662753 0.04662753 10667.47274
1.139156767 0.139156767 12151.92376
0.941359413 -0.058640587 11439.32781
1.100509201 0.100509201 12589.08551
1.09905041 0.09905041 13836.03959
1.076660726 0.076660726 14896.72044
0.963761462 -0.036238538 14356.88506
0.950418252 -0.049581748 13645.04561
1.044550185 0.044550185 14252.93491
1.04959259 0.04959259 14959.77486
0.964358915 -0.035641085 14426.59226
1.02859558 0.02859558 14839.12903
1.069242429 0.069242429 15866.62636
1.0501409 0.0501409 16662.19328
1.022140527 0.022140527 17031.10303
1.043543435 0.043543435 17772.69576
0.995053475 -0.004946525 17684.78268
1.080855823 0.080855823 19114.70034
1.020259923 0.020259923 19501.96268
1.009035656 0.009035656 19678.17572
0.991957199 -0.008042801 19519.90807
1.040801452 0.040801452 20316.34867
0.972816276 -0.027183724 19764.07465
Initial $10k investment PESPX Initial $10k investment Date
10,000.00 10,000.00 Jul-05
10,483.54 -0.02558 9,744.22 Oct-05
12,729.44 0.116906 10,883.38 Jan-06
12,764.98 0.030088 11,210.83 Apr-06
12,356.30 -0.07319 10,390.35 Jul-06
12,040.02 0.05772 10,990.07 Oct-06
12,524.19 0.065034 11,704.81 Jan-07
14,400.34 0.050495 12,295.84 Apr-07
15,477.33 -0.01822 12,071.79 Jul-07
17,916.71 0.06208 12,821.20 Oct-07
16,182.02 -0.11239 11,380.29 Jan-08
18,750.00 0.045506 11,898.16 Apr-08
17,640.08 -0.04281 11,388.85 Jul-08
9,592.07 -0.28786 8,110.44 Oct-08
8,711.34 -0.11859 7,148.62 Jan-09
9,971.61 0.131107 8,085.85 Apr-09
11,775.78 0.122927 9,079.82 Jul-09
12,929.93 0.051935 9,551.38 Oct-09
13,225.22 0.068994 10,210.37 Jan-10
14,862.12 0.173833 11,985.27 Apr-10
13,637.81 -0.07405 11,097.82 Jul-10
15,629.00 0.093434 12,134.74 Oct-10
18,721.43 0.117978 13,566.37 Jan-11
20,403.90 0.100153 14,925.09 Apr-11
19,583.18 -0.06876 13,898.90 Jul-11
16,728.91 -0.05701 13,106.58 Oct-11
17,004.53 0.056481 13,846.85 Jan-12
16,453.18 0.061348 14,696.33 Apr-12
14,477.51 -0.04985 13,963.77 Jul-12
15,129.94 0.045634 14,601.00 Oct-12
16,099.40 0.118115 16,325.59 Jan-13
15,175.89 0.063463 17,361.66 Apr-13
15,437.78 0.064643 18,483.98 Jul-13
16,908.05 0.049316 19,395.53 Oct-13
15,979.11 0.021289 19,808.44 Jan-14
18,323.02 0.035307 20,507.81 Apr-14
18,525.64 0.013441 20,783.45 Jul-14
15,325.21 0.037931 21,571.79 Oct-14
12,767.63 0.014709 21,889.10 Jan-15
14,643.44 0.048099 22,941.94 Apr-15
12,865.38 0.007708 23,118.78 Jul-15
PR-WPSGX PR-VEUAX PR-ACIIX PR-OREAX PR-FRNRX PR-PESPX Price relative 6-fund
0.987386456 1.018054 0.974777 0.947755 1.048354 0.974422 0.991791393
1.022676735 1.162188 1.045865 1.129397 1.214231 1.116906 1.115210779
1.006202053 1.130472 1.0386 1.031723 1.002792 1.030088 1.039979486
0.922148556 0.977601 1.020064 1.063893 0.967984 0.926813 0.979750562
1.136747523 1.088155 1.07269 1.122394 0.974403 1.05772 1.075351752
1.025839234 1.087693 1.038427 1.119339 1.040213 1.065034 1.062757602
1.013232011 1.083969 1.037793 0.948516 1.149803 1.050495 1.047301346
0.974138774 1.013444 0.972884 0.827089 1.074789 0.981778 0.974020496
1.05990685 1.094125 1.051689 1.141481 1.15761 1.06208 1.094481981
0.895814649 0.828473 0.919001 0.856627 0.90318 0.887615 0.881785142
1.00640042 1.053571 1.013443 1.078769 1.158694 1.045506 1.059397238
0.941935901 0.899435 0.936929 0.920142 0.940804 0.957194 0.932740084
0.811556594 0.636516 0.868751 0.706729 0.543766 0.712138 0.713242767
0.885891355 0.873573 0.940536 0.73454 0.908181 0.88141 0.870688598
1.14989659 1.064071 1.011667 1.097536 1.14467 1.131107 1.099824584
1.082618999 1.228659 1.090162 1.084758 1.180931 1.122927 1.131675962
1.051614987 1.055831 1.033293 1.149776 1.09801 1.051935 1.073410063
1.036660663 0.987929 1.029721 1.074924 1.022838 1.068994 1.036844365
1.071841889 1.040073 1.080216 1.246122 1.123771 1.173833 1.122642777
0.919157078 0.948044 0.960949 0.983114 0.917622 0.925955 0.94247359
1.12776461 1.125616 1.067081 1.068261 1.146005 1.093434 1.104693623
1.057596488 1.058908 1.058006 1.063806 1.197865 1.117978 1.092360019
1.035869165 1.098111 1.06087 1.096543 1.089868 1.100153 1.0802358
0.974821985 0.905399 0.9535 0.999465 0.959777 0.931244 0.954034382
1.014110551 0.89657 0.994276 0.946461 0.854249 0.942994 0.941443523
1.026013129 0.995292 1.049009 1.074773 1.016476 1.056481 1.036340528
1.119693519 1.071078 1.03449 1.064855 0.967576 1.061348 1.053173573
0.952079989 0.918192 1.022045 1.017595 0.879922 0.950154 0.95666446
1.052544427 1.114642 1.028244 0.97149 1.045065 1.045634 1.042936617
1.042564301 1.150154 1.05434 1.067118 1.064075 1.118115 1.082727709
1.083165327 1.026083 1.061133 1.100307 0.942637 1.063463 1.046131197
1.072591875 1.070504 1.032082 0.924129 1.017257 1.064643 1.030201038
1.034707125 1.110663 1.019829 1.018627 1.095238 1.049316 1.054730049
1.020964396 1.022345 0.996359 0.991596 0.94506 1.021289 0.999602023
1.051561987 1.063956 1.074588 1.096136 1.146686 1.035307 1.078039156
1.027944156 0.962523 1.014192 1.034665 1.011058 1.013441 1.010637136
1.0652427 0.9468 1.039425 1.075336 0.827243 1.037931 0.998663089
0.9958499 0.985096 1.006736 1.109378 0.833113 1.014709 0.99081364
1.058424385 1.072315 1.021137 0.929428 1.146919 1.048099 1.046053684
1.02991453 1.004789 0.982542 0.965341 0.878576 1.007708 0.978144988
Geomean 6-Fund
10,000.00$
-0.008209 9917.91393
0.1152108 11060.5645
0.0399795 11502.7602
-0.020249 11269.8358
0.0753518 12119.0376
0.0627576 12879.5994
0.0473013 13488.8218
-0.02598 13138.3889
0.094482 14379.7299
-0.118215 12679.8322
0.0593972 13432.9792
-0.06726 12529.4781
-0.286757 8936.55964
-0.129311 7780.96059
0.0998246 8557.69174
0.131676 9684.53403
0.0734101 10395.4763
0.0368444 10778.491
0.1226428 12100.3951
-0.057526 11404.3028
0.1046936 12598.2606
0.09236 13761.8362
0.0802358 14866.0281
-0.045966 14182.7019
-0.058556 13352.2129
0.0363405 13837.4393
0.0531736 14573.2254
-0.043336 13941.6868
0.0429366 14540.2957
0.0827277 15743.181
0.0461312 16469.4328
0.030201 16966.8268
0.05473 17895.422
-0.000398 17888.3001
0.0780392 19284.2879
0.0106371 19489.4175
-0.001337 19463.3619
-0.009186 19284.5644
0.0460537 20172.6897
-0.021855 19731.8153
Date WPSGX ACIIX OREAX FRNRX PESPX
Jul-15 0.02991453 -0.01746 -0.03466 -0.12142 0.007708
Apr-15 0.058424385 0.021137 -0.07057 0.146919 0.048099
Jan-15 -0.0041501 0.006736 0.109378 -0.16689 0.014709
Oct-14 0.0652427 0.039425 0.075336 -0.17276 0.037931
Jul-14 0.027944156 0.014192 0.034665 0.011058 0.013441
Apr-14 0.051561987 0.074588 0.096136 0.146686 0.035307
Jan-14 0.020964396 -0.00364 -0.0084 -0.05494 0.021289
Oct-13 0.034707125 0.019829 0.018627 0.095238 0.049316
Jul-13 0.072591875 0.032082 -0.07587 0.017257 0.064643
Apr-13 0.083165327 0.061133 0.100307 -0.05736 0.063463
Jan-13 0.042564301 0.05434 0.067118 0.064075 0.118115
Oct-12 0.052544427 0.028244 -0.02851 0.045065 0.045634
Jul-12 -0.047920011 0.022045 0.017595 -0.12008 -0.04985
Apr-12 0.119693519 0.03449 0.064855 -0.03242 0.061348
Jan-12 0.026013129 0.049009 0.074773 0.016476 0.056481
Oct-11 0.014110551 -0.00572 -0.05354 -0.14575 -0.05701
Jul-11 -0.025178015 -0.0465 -0.00053 -0.04022 -0.06876
Apr-11 0.035869165 0.06087 0.096543 0.089868 0.100153
Jan-11 0.057596488 0.058006 0.063806 0.197865 0.117978
Oct-10 0.12776461 0.067081 0.068261 0.146005 0.093434
Jul-10 -0.080842922 -0.03905 -0.01689 -0.08238 -0.07405
Apr-10 0.071841889 0.080216 0.246122 0.123771 0.173833
Jan-10 0.036660663 0.029721 0.074924 0.022838 0.068994
Oct-09 0.051614987 0.033293 0.149776 0.09801 0.051935
Jul-09 0.082618999 0.090162 0.084758 0.180931 0.122927
Apr-09 0.14989659 0.011667 0.097536 0.14467 0.131107
Jan-09 -0.114108645 -0.05946 -0.26546 -0.09182 -0.11859
Oct-08 -0.188443406 -0.13125 -0.29327 -0.45623 -0.28786
Jul-08 -0.058064099 -0.06307 -0.07986 -0.0592 -0.04281
Apr-08 0.00640042 0.013443 0.078769 0.158694 0.045506
Jan-08 -0.104185351 -0.081 -0.14337 -0.09682 -0.11239
Oct-07 0.05990685 0.051689 0.141481 0.15761 0.06208
Jul-07 -0.025861226 -0.02712 -0.17291 0.074789 -0.01822
Apr-07 0.013232011 0.037793 -0.05148 0.149803 0.050495
Jan-07 0.025839234 0.038427 0.119339 0.040213 0.065034
Oct-06 0.136747523 0.07269 0.122394 -0.0256 0.05772
Jul-06 -0.077851444 0.020064 0.063893 -0.03202 -0.07319
Apr-06 0.006202053 0.0386 0.031723 0.002792 0.030088
Jan-06 0.022676735 0.045865 0.129397 0.214231 0.116906
Oct-05 -0.012613544 -0.02522 -0.05225 0.048354 -0.02558
AM 0.021127296 0.017684 0.021998 0.015933 0.024935
Geometric Mean 0.018702695 0.016559 0.015721 0.006319 0.021173
E(RP) 0.020335337
Geometric Mean (RP) 0.017177891
Sigma of the portfolio 0.076767284
Invested 10 years ago in 5-fund
10,000.00$ 19,764.07$
Coefficient of Variation 3.775068215
Sigma of the portfolio E(RP) Ones Ones
0.076923 0 1
0.068916 0.002 1
0.061256 0.004 1
0.054090 0.006 1
0.047642 0.008 1
0.042242 0.01 1
0.038335 0.012 1
0.036405 0.014 1
0.036765 0.016 1
0.039352 0.018 1
0.043773 0.02 1
0.049539 0.022 1
0.056239 0.024 1
0.063577 0.026 1
0.071357 0.028 1
0.079449 0.03 1
0.087767 0.032 1
0.096253 0.034 1
0.104865 0.036 1
0.113576 0.038 1
0.122363 0.04 1
0.131212 0.042 1
0.140110 0.044 1
0.149050 0.046 1
0.158024 0.048 1
0.167026 0.05 1
0.176052 0.052 1
0.185099 0.054 1
0.194164 0.056 1
0.203243 0.058 1
0.212337 0.06 1
PR-WPSGX PR-ACIIX PR-OREAX PR-FRNRX PR-PESPX Price relative 5-fund
1.02991453 0.982542 0.965341 0.878576 1.007708 0.972816276
1.05842439 1.021137 0.929428 1.146919 1.048099 1.040801452
0.9958499 1.006736 1.109378 0.833113 1.014709 0.991957199
1.0652427 1.039425 1.075336 0.827243 1.037931 1.009035656
1.02794416 1.014192 1.034665 1.011058 1.013441 1.020259923
1.05156199 1.074588 1.096136 1.146686 1.035307 1.080855823
1.0209644 0.996359 0.991596 0.94506 1.021289 0.995053475
1.03470712 1.019829 1.018627 1.095238 1.049316 1.043543435
1.07259188 1.032082 0.924129 1.017257 1.064643 1.022140527
1.08316533 1.061133 1.100307 0.942637 1.063463 1.0501409
1.0425643 1.05434 1.067118 1.064075 1.118115 1.069242429
1.05254443 1.028244 0.97149 1.045065 1.045634 1.02859558
0.95207999 1.022045 1.017595 0.879922 0.950154 0.964358915
1.11969352 1.03449 1.064855 0.967576 1.061348 1.04959259
1.02601313 1.049009 1.074773 1.016476 1.056481 1.044550185
1.01411055 0.994276 0.946461 0.854249 0.942994 0.950418252
0.97482199 0.9535 0.999465 0.959777 0.931244 0.963761462
1.03586916 1.06087 1.096543 1.089868 1.100153 1.076660726
1.05759649 1.058006 1.063806 1.197865 1.117978 1.09905041
1.12776461 1.067081 1.068261 1.146005 1.093434 1.100509201
0.91915708 0.960949 0.983114 0.917622 0.925955 0.941359413
1.07184189 1.080216 1.246122 1.123771 1.173833 1.139156767
1.03666066 1.029721 1.074924 1.022838 1.068994 1.04662753
1.05161499 1.033293 1.149776 1.09801 1.051935 1.076925829
1.082619 1.090162 1.084758 1.180931 1.122927 1.112279429
1.14989659 1.011667 1.097536 1.14467 1.131107 1.106975226
0.88589135 0.940536 0.73454 0.908181 0.88141 0.870111656
0.81155659 0.868751 0.706729 0.543766 0.712138 0.728588146
0.9419359 0.936929 0.920142 0.940804 0.957194 0.939401088
1.00640042 1.013443 1.078769 1.158694 1.045506 1.060562415
0.89581465 0.919001 0.856627 0.90318 0.887615 0.892447567
1.05990685 1.051689 1.141481 1.15761 1.06208 1.09455337
0.97413877 0.972884 0.827089 1.074789 0.981778 0.966135732
1.01323201 1.037793 0.948516 1.149803 1.050495 1.039967724
1.02583923 1.038427 1.119339 1.040213 1.065034 1.057770472
1.13674752 1.07269 1.122394 0.974403 1.05772 1.072791018
0.92214856 1.020064 1.063893 0.967984 0.926813 0.980180573
1.00620205 1.0386 1.031723 1.002792 1.030088 1.021880942 0.021127
1.02267674 1.045865 1.129397 1.214231 1.116906 1.105815263 0.017684
0.98738646 0.974777 0.947755 1.048354 0.974422 0.986538898 µ= 0.021998
0.015933
0.024935
Weights 0.2
0.2
0.2
0.2
0.2
1
Global Minimum Variance Portfolio
1 weights 0.098409 MU (P) 0.014691
1 1.511473 Stdev (P) 0.036265 {=SQRT(MMULT(TRANSPOSE(J53:J57),MMULT(Q38:U42,J53:J57)))}
1 -0.23233
1 -0.04543
1 -0.33213
1
0.00475 0.002595 0.005074 0.005248 0.004991
0.002595 0.002208 0.004108 0.004029 0.003431
V= 0.005074 0.004108 0.011726 0.007272 0.007041
0.005248 0.004029 0.007272 0.016986 0.008522
0.004991 0.003431 0.007041 0.008522 0.00704
0.021127 1
0.017684 1
µ= 0.021998 1
0.015933 1
0.024935 1
{=SQRT(MMULT(TRANSPOSE(J53:J57),MMULT(Q38:U42,J53:J57)))}
Date WPSGX VEUAX ACIIX OREAX
Jul-15 0.02991453 0.004789 -0.01746 -0.034658913
Apr-15 0.05842439 0.072315 0.021137 -0.070572431
Jan-15 -0.0041501 -0.0149 0.006736 0.10937753
Oct-14 0.0652427 -0.0532 0.039425 0.075335865
Jul-14 0.02794416 -0.03748 0.014192 0.034665157
Apr-14 0.05156199 0.063956 0.074588 0.0961361
Jan-14 0.0209644 0.022345 -0.00364 -0.008404391
Oct-13 0.03470712 0.110663 0.019829 0.018627033
Jul-13 0.07259188 0.070504 0.032082 -0.075871235
Apr-13 0.08316533 0.026083 0.061133 0.10030672
Jan-13 0.0425643 0.150154 0.05434 0.067117696
Oct-12 0.05254443 0.114642 0.028244 -0.028510192
Jul-12 -0.04792001 -0.08181 0.022045 0.017594569
Apr-12 0.11969352 0.071078 0.03449 0.06485499
Jan-12 0.02601313 -0.00471 0.049009 0.074772546
Oct-11 0.01411055 -0.10343 -0.00572 -0.053538995
Jul-11 -0.02517801 -0.0946 -0.0465 -0.000534872
Apr-11 0.03586916 0.098111 0.06087 0.096542635
Jan-11 0.05759649 0.058908 0.058006 0.063806301
Oct-10 0.12776461 0.125616 0.067081 0.068261069
Jul-10 -0.08084292 -0.05196 -0.03905 -0.016885946
Apr-10 0.07184189 0.040073 0.080216 0.246122074
Jan-10 0.03666066 -0.01207 0.029721 0.074923586
Oct-09 0.05161499 0.055831 0.033293 0.149775981
Jul-09 0.082619 0.228659 0.090162 0.084757575
Apr-09 0.14989659 0.064071 0.011667 0.097535832
Jan-09 -0.11410865 -0.12643 -0.05946 -0.265460043
Oct-08 -0.18844341 -0.36348 -0.13125 -0.293270743
Jul-08 -0.0580641 -0.10056 -0.06307 -0.079857688
Apr-08 0.00640042 0.053571 0.013443 0.078768994
Jan-08 -0.10418535 -0.17153 -0.081 -0.143372643
Oct-07 0.05990685 0.094125 0.051689 0.141480779
Jul-07 -0.02586123 0.013444 -0.02712 -0.172910861
Apr-07 0.01323201 0.083969 0.037793 -0.051484429
Jan-07 0.02583923 0.087693 0.038427 0.119338819
Oct-06 0.13674752 0.088155 0.07269 0.122394249
Jul-06 -0.07785144 -0.0224 0.020064 0.063892769
Apr-06 0.00620205 0.130472 0.0386 0.031722752
Jan-06 0.02267674 0.162188 0.045865 0.129397002
Oct-05 -0.01261354 0.018054 -0.02522 -0.052245226
AM 0.0211273 0.021773 0.017684 0.02199825
Geometric mean 0.0187027 0.015753 0.016559 0.015720862
E(RP) 0.02057492
Geometric Mean (RP) 0.01713635
Sigma of the portfolio 0.07974303
Invested 10 years ago in 6-fund portfolio
10,000.00$ 19,731.82$
Coefficient of Variation 3.87573957
Sigma of the portfolio E(RP) Ones
0.07502079 0 1
0.066879547 0.002 1
0.059058708 0.004 1
0.051703873 0.006 1 A=
0.045043893 0.008 1
0.039432428 0.01 1 Risky Portfolio
0.035372061 0.012 1 Y (Weights)
0.033432788 0.014 1 3.422162548
0.033979732 0.016 1
0.036902512 0.018 1
0.041704566 0.02 1
0.047823096 0.022 1
0.054819053 0.024 1
0.062398003 0.026 1
0.070371837 0.028 1
0.078620495 0.03 1
0.087065902 0.032 1
0.09565596 0.034 1
0.104354954 0.036 1
0.113137758 0.038 1
0.121986272 0.04 1
0.130887169 0.042 1
0.139830447 0.044 1
0.148808464 0.046 1
0.157815292 0.048 1
0.166846264 0.05 1
0.175897663 0.052 1
0.184966489 0.054 1
0.194050299 0.056 1
0.203147082 0.058 1
0.212255172 0.06 1
FRNRX PESPX PR-WPSGX PR-VEUAX PR-ACIIX PR-OREAX PR-FRNRX PR-PESPX
-0.12142 0.007708 1.029915 1.004788548 0.982542 0.965341 0.878576 1.007708
0.146919 0.048099 1.058424 1.072314845 1.021137 0.929428 1.146919 1.048099
-0.16689 0.014709 0.99585 0.985095842 1.006736 1.109378 0.833113 1.014709
-0.17276 0.037931 1.065243 0.946800252 1.039425 1.075336 0.827243 1.037931
0.011058 0.013441 1.027944 0.962523204 1.014192 1.034665 1.011058 1.013441
0.146686 0.035307 1.051562 1.063955822 1.074588 1.096136 1.146686 1.035307
-0.05494 0.021289 1.020964 1.022344761 0.996359 0.991596 0.94506 1.021289
0.095238 0.049316 1.034707 1.110663119 1.019829 1.018627 1.095238 1.049316
0.017257 0.064643 1.072592 1.070503588 1.032082 0.924129 1.017257 1.064643
-0.05736 0.063463 1.083165 1.026082682 1.061133 1.100307 0.942637 1.063463
0.064075 0.118115 1.042564 1.150154112 1.05434 1.067118 1.064075 1.118115
0.045065 0.045634 1.052544 1.114641804 1.028244 0.97149 1.045065 1.045634
-0.12008 -0.04985 0.95208 0.918192181 1.022045 1.017595 0.879922 0.950154
-0.03242 0.061348 1.119694 1.071078492 1.03449 1.064855 0.967576 1.061348
0.016476 0.056481 1.026013 0.995292241 1.049009 1.074773 1.016476 1.056481
-0.14575 -0.05701 1.014111 0.896569875 0.994276 0.946461 0.854249 0.942994
-0.04022 -0.06876 0.974822 0.905398981 0.9535 0.999465 0.959777 0.931244
0.089868 0.100153 1.035869 1.09811117 1.06087 1.096543 1.089868 1.100153
0.197865 0.117978 1.057596 1.058908064 1.058006 1.063806 1.197865 1.117978
0.146005 0.093434 1.127765 1.125615737 1.067081 1.068261 1.146005 1.093434
-0.08238 -0.07405 0.919157 0.948044478 0.960949 0.983114 0.917622 0.925955
0.123771 0.173833 1.071842 1.040072829 1.080216 1.246122 1.123771 1.173833
0.022838 0.068994 1.036661 0.987928541 1.029721 1.074924 1.022838 1.068994
0.09801 0.051935 1.051615 1.055831235 1.033293 1.149776 1.09801 1.051935
0.180931 0.122927 1.082619 1.228658627 1.090162 1.084758 1.180931 1.122927
0.14467 0.131107 1.149897 1.064071375 1.011667 1.097536 1.14467 1.131107
-0.09182 -0.11859 0.885891 0.873573311 0.940536 0.73454 0.908181 0.88141
-0.45623 -0.28786 0.811557 0.636515872 0.868751 0.706729 0.543766 0.712138
-0.0592 -0.04281 0.941936 0.899435067 0.936929 0.920142 0.940804 0.957194
0.158694 0.045506 1.0064 1.053571355 1.013443 1.078769 1.158694 1.045506
-0.09682 -0.11239 0.895815 0.828473014 0.919001 0.856627 0.90318 0.887615
0.15761 0.06208 1.059907 1.094125033 1.051689 1.141481 1.15761 1.06208
0.074789 -0.01822 0.974139 1.013444319 0.972884 0.827089 1.074789 0.981778
0.149803 0.050495 1.013232 1.083969456 1.037793 0.948516 1.149803 1.050495
0.040213 0.065034 1.025839 1.08769325 1.038427 1.119339 1.040213 1.065034
-0.0256 0.05772 1.136748 1.08815542 1.07269 1.122394 0.974403 1.05772
-0.03202 -0.07319 0.922149 0.977600511 1.020064 1.063893 0.967984 0.926813
0.002792 0.030088 1.006202 1.130472203 1.0386 1.031723 1.002792 1.030088
0.214231 0.116906 1.022677 1.162188361 1.045865 1.129397 1.214231 1.116906
0.048354 -0.02558 0.987386 1.018053872 0.974777 0.947755 1.048354 0.974422
0.015933 0.024935
0.006319 0.021173
Global Minimum Variance Portfolio weights 0.108976
MU (P) 0.014567 -0.31052
Stdev (P) 0.03333 1.549672
-0.25085
3 0.048247
-0.14553
Risk Free asset 1
1-Y (Weights)
-2.42216
Rf(Quarterly rate)= 0.003162
mu-Rf 0.017965 {=P38-$J$64} Z
0.018611 =P39-$J$64 -0.49049
0.014522 =P40-$J$64 -2.9991
0.018836 =P41-$J$64 13.11456
0.012771 =P42-$J$64 -3.31174
0.021773 =P43-$J$64 -1.61693
5.570192
10.26649
Expected return
Variance
Standard deviation
sigma
0
0.039454
Price relative 6-fund
0.978144988
1.046053684
0.99081364
0.998663089
1.010637136
1.078039156
0.999602023
1.054730049
1.030201038
1.046131197
1.082727709
1.042936617
0.95666446
1.053173573
1.036340528
0.941443523
0.954034382
1.0802358
1.092360019
1.104693623
0.94247359
1.122642777
1.036844365
1.073410063
1.131675962
1.099824584
0.870688598
0.713242767
0.932740084
1.059397238
0.881785142
1.094481981
0.974020496
1.047301346
1.062757602
1.075351752 0.00475 0.005418 0.002595
0.979750562 0.021127 0.005418 0.010985 0.00405
1.039979486 0.021773 V= 0.002595 0.00405 0.002208
1.115210779 µ= 0.017684 0.005074 0.007061 0.004108
0.991791393 0.021998 0.005248 0.011143 0.004029
0.015933 0.004991 0.007631 0.003431
0.024935
Weights= 0.166667
0.166667
0.166667
0.166667
0.166667
0.166667
1
Ones 1 0.021127 1
1 0.021773 1
1 µ= 0.017684 1
1 0.021998 1
1 0.015933 1
1 0.024935 1
B=market for Rf=0.00316188
-0.04778
-0.29213
1.277415
-0.32258
-0.1575
0.542561
1
Expected return 0.019143
0.001557
Standard deviation 0.039454
Rp
0.00316188 <-----Rf
0.01914259 <----Optimal Portolio
0.005074 0.005248 0.004991
0.007061 0.011143 0.007631
0.004108 0.004029 0.003431
0.011726 0.007272 0.007041
0.007272 0.016986 0.008522
0.007041 0.008522 0.00704
Date WPSGX VEUAX ACIIX OREAX FRNRX
July-15 0.029915 0.004789 -0.01746 -0.03466 -0.12142
April-15 0.058424 0.072315 0.021137 -0.07057 0.146919
January-15 -0.00415 -0.0149 0.006736 0.109378 -0.16689
October-14 0.065243 -0.0532 0.039425 0.075336 -0.17276
July-14 0.027944 -0.03748 0.014192 0.034665 0.011058
April-14 0.051562 0.063956 0.074588 0.096136 0.146686
January-14 0.020964 0.022345 -0.00364 -0.0084 -0.05494
October-13 0.034707 0.110663 0.019829 0.018627 0.095238
July-13 0.072592 0.070504 0.032082 -0.07587 0.017257
April-13 0.083165 0.026083 0.061133 0.100307 -0.05736
January-13 0.042564 0.150154 0.05434 0.067118 0.064075
October-12 0.052544 0.114642 0.028244 -0.02851 0.045065
July-12 -0.04792 -0.08181 0.022045 0.017595 -0.12008
April-12 0.119694 0.071078 0.03449 0.064855 -0.03242
January-12 0.026013 -0.00471 0.049009 0.074773 0.016476
October-11 0.014111 -0.10343 -0.00572 -0.05354 -0.14575
July-11 -0.02518 -0.0946 -0.0465 -0.00053 -0.04022
April-11 0.035869 0.098111 0.06087 0.096543 0.089868
January-11 0.057596 0.058908 0.058006 0.063806 0.197865
October-10 0.127765 0.125616 0.067081 0.068261 0.146005
July-10 -0.08084 -0.05196 -0.03905 -0.01689 -0.08238
April-10 0.071842 0.040073 0.080216 0.246122 0.123771
January-10 0.036661 -0.01207 0.029721 0.074924 0.022838
October-09 0.051615 0.055831 0.033293 0.149776 0.09801
July-09 0.082619 0.228659 0.090162 0.084758 0.180931
April-09 0.149897 0.064071 0.011667 0.097536 0.14467
January-09 -0.11411 -0.12643 -0.05946 -0.26546 -0.09182
October-08 -0.18844 -0.36348 -0.13125 -0.29327 -0.45623
July-08 -0.05806 -0.10056 -0.06307 -0.07986 -0.0592
April-08 0.0064 0.053571 0.013443 0.078769 0.158694
January-08 -0.10419 -0.17153 -0.081 -0.14337 -0.09682
October-07 0.059907 0.094125 0.051689 0.141481 0.15761
July-07 -0.02586 0.013444 -0.02712 -0.17291 0.074789
April-07 0.013232 0.083969 0.037793 -0.05148 0.149803
January-07 0.025839 0.087693 0.038427 0.119339 0.040213
October-06 0.136748 0.088155 0.07269 0.122394 -0.0256
July-06 -0.07785 -0.0224 0.020064 0.063893 -0.03202
April-06 0.006202 0.130472 0.0386 0.031723 0.002792
January-06 0.022677 0.162188 0.045865 0.129397 0.214231
October-05 -0.01261 0.018054 -0.02522 -0.05225 0.048354
AM 0.021127 0.021773 0.017684 0.021998 0.015933
Sigma 0.068921 0.104808 0.046984 0.108288 0.130329
Beta (copied from part 2) 0.895546 1.284623 0.63711 1.239718 1.333355
Sharpe Measure 0.260669 0.177572 0.309076 0.173947 0.09799
Treynor Measure 0.020061 0.014487 0.022793 0.015194 0.009578
Geometric mean 0.018703 0.015753 0.016559 0.015721 0.006319
E(RP) Portfolio 6-fund 0.020575
Geometric Mean of the 6-fund 0.017136
Sigma of the 6-fund 0.079743
Beta of portfolio 6-fund 1.088351 {=MMULT(TRANSPOSE(G55:G60),I55:I60)}
Optimal portfolio ER 0.019143
Standard deviation optimal portfolio 0.039454
Beta of optimal portfolio 0.404278 {=MMULT(TRANSPOSE(G66:G71),I55:I60)}
Sharpe Measure of the 6-fund 0.218364
Sharpe measure of optimal portfolio 0.485192 =B53/B54 Weights
Treynor Measure of 6-fund 0.015999
Treynor Measure of optimal portfolio 0.04735
Geometric Mean of the optimal portfolio 0.018373
Weights
PR-WPSGX PR-VEUAX PR-ACIIX PR-OREAX PR-FRNRX
Oct-05 0.987386 1.018054 0.974777 0.947755 1.048354
Jan-06 1.022677 1.162188 1.045865 1.129397 1.214231
Apr-06 1.006202 1.130472 1.0386 1.031723 1.002792
Jul-06 0.922149 0.977601 1.020064 1.063893 0.967984
Oct-06 1.136748 1.088155 1.07269 1.122394 0.974403
Jan-07 1.025839 1.087693 1.038427 1.119339 1.040213
Apr-07 1.013232 1.083969 1.037793 0.948516 1.149803
Jul-07 0.974139 1.013444 0.972884 0.827089 1.074789
Oct-07 1.059907 1.094125 1.051689 1.141481 1.15761
Jan-08 0.895815 0.828473 0.919001 0.856627 0.90318
Apr-08 1.0064 1.053571 1.013443 1.078769 1.158694
Jul-08 0.941936 0.899435 0.936929 0.920142 0.940804
Oct-08 0.811557 0.636516 0.868751 0.706729 0.543766
Jan-09 0.885891 0.873573 0.940536 0.73454 0.908181
Apr-09 1.149897 1.064071 1.011667 1.097536 1.14467
Jul-09 1.082619 1.228659 1.090162 1.084758 1.180931
Oct-09 1.051615 1.055831 1.033293 1.149776 1.09801
Jan-10 1.036661 0.987929 1.029721 1.074924 1.022838
Apr-10 1.071842 1.040073 1.080216 1.246122 1.123771
Jul-10 0.919157 0.948044 0.960949 0.983114 0.917622
Oct-10 1.127765 1.125616 1.067081 1.068261 1.146005
Jan-11 1.057596 1.058908 1.058006 1.063806 1.197865
Apr-11 1.035869 1.098111 1.06087 1.096543 1.089868
Jul-11 0.974822 0.905399 0.9535 0.999465 0.959777
Oct-11 1.014111 0.89657 0.994276 0.946461 0.854249
Jan-12 1.026013 0.995292 1.049009 1.074773 1.016476
Apr-12 1.119694 1.071078 1.03449 1.064855 0.967576
Jul-12 0.95208 0.918192 1.022045 1.017595 0.879922
Oct-12 1.052544 1.114642 1.028244 0.97149 1.045065
Jan-13 1.042564 1.150154 1.05434 1.067118 1.064075
Apr-13 1.083165 1.026083 1.061133 1.100307 0.942637
Jul-13 1.072592 1.070504 1.032082 0.924129 1.017257
Oct-13 1.034707 1.110663 1.019829 1.018627 1.095238
Jan-14 1.020964 1.022345 0.996359 0.991596 0.94506
Apr-14 1.051562 1.063956 1.074588 1.096136 1.146686
Jul-14 1.027944 0.962523 1.014192 1.034665 1.011058
Oct-14 1.065243 0.9468 1.039425 1.075336 0.827243
Jan-15 0.99585 0.985096 1.006736 1.109378 0.833113
Apr-15 1.058424 1.072315 1.021137 0.929428 1.146919
Jul-15 1.029915 1.004789 0.982542 0.965341 0.878576
PESPX S&P 500 3 Months T-bill Effective Quarterly Rates PR-WPSGX PR-VEUAX
0.007708 -0.00388 0.000075 1.02991453 1.004788548
0.048099 0.045374 0.00005 1.058424385 1.072314845
0.014709 -0.01143 0.000075 0.9958499 0.985095842
0.037931 0.045259 0.00005 1.0652427 0.946800252
0.013441 0.024799 0.000075 1.027944156 0.962523204
0.035307 0.056861 0.000075 1.051561987 1.063955822
0.021289 0.01483 0.0001 1.020964396 1.022344761
0.049316 0.042006 0.000125 1.034707125 1.110663119
0.064643 0.055184 0.0001 1.072591875 1.070503588
0.063463 0.06639 0.00015 1.083165327 1.026082682
0.118115 0.060864 0.000175 1.042564301 1.150154112
0.045634 0.023809 0.00025 1.052544427 1.114641804
-0.04985 -0.0133 0.00025 0.952079989 0.918192181
0.061348 0.065147 0.0002 1.119693519 1.071078492
0.056481 0.047163 0.000075 1.026013129 0.995292241
-0.05701 -0.03016 0.00005 1.014110551 0.896569875
-0.06876 -0.05231 0.0001 0.974821985 0.905398981
0.100153 0.060251 0.00015 1.035869165 1.09811117
0.117978 0.086929 0.000375 1.057596488 1.058908064
0.093434 0.074129 0.000325 1.12776461 1.125615737
-0.07405 -0.0717 0.0004 0.919157078 0.948044478
0.173833 0.105059 0.0004 1.071841889 1.040072829
0.068994 0.036364 0.00015 1.036660663 0.987928541
0.051935 0.049328 0.000175 1.051614987 1.055831235
0.122927 0.13138 0.00045 1.082618999 1.228658627
0.131107 0.056824 0.0004 1.14989659 1.064071375
-0.11859 -0.14748 0.000325 0.885891355 0.873573311
-0.28786 -0.23563 0.001725 0.811556594 0.636515872
-0.04281 -0.08531 0.00415 0.941935901 0.899435067
0.045506 0.005107 0.003275 1.00640042 1.053571355
-0.11239 -0.11026 0.00705 0.895814649 0.828473014
0.06208 0.064668 0.01 1.05990685 1.094125033
-0.01822 -0.01828 0.0124 0.974138774 1.013444319
0.050495 0.030683 0.012525 1.013232011 1.083969456
0.065034 0.043761 0.012775 1.025839234 1.08769325
0.05772 0.079332 0.012625 1.136747523 1.08815542
-0.07319 -0.0259 0.0127 0.922148556 0.977600511
0.030088 0.02385 0.0118 1.006202053 1.130472203
0.116906 0.060538 0.01085 1.022676735 1.162188361
-0.02558 -0.02201 0.009475 0.987386456 1.018053872
0.024935 0.015706 0.003161875
0.083905
1.139752 Name Sharpe Measure
0.259494 Optimal Portfolio 0.485191901
0.019103 ACIIX 0.309076429
0.021173 WPSGX 0.260668573
PESPX 0.259493523
6-fund 0.218364472
VEUAX 0.17757215
OREAX 0.173946625
FRNRX 0.097989941
Beta
0.166667 0.895546325 Name Treynor Measure
0.166667 1.284623192 Optimal Portfolio 0.047350091
0.166667 0.637109694 ACIIX 0.022793065
0.166667 1.239717937 WPSGX 0.020060851
0.166667 1.333355228 PESPX 0.019103194
0.166667 1.139752319 6-fund 0.015999479
1 OREAX 0.015194081
VEUAX 0.014487487
FRNRX 0.009578033
B=market for Rf=0.00316188
-0.04778
-0.29213
1.277415
-0.32258
-0.1575
0.542561
1
PR-PESPX Optimal Portfolio
0.974422 0.958469 {=(B76*$G$66+C76*$G$67+D76*$G$68+E76*$G$69+F76*$G$70+G76*$G$71)}
1.116906 0.998074 =(B77*$G$66+C77*$G$67+D77*$G$68+E77*$G$69+F77*$G$70+G77*$G$71)
1.030088 1.01655 =(B78*$G$66+C78*$G$67+D78*$G$68+E78*$G$69+F78*$G$70+G78*$G$71)
0.926813 0.980616 =(B79*$G$66+C79*$G$67+D79*$G$68+E79*$G$69+F79*$G$70+G79*$G$71)
1.05772 1.056436 =(B80*$G$66+C80*$G$67+D80*$G$68+E80*$G$69+F80*$G$70+G80*$G$71)
1.065034 1.012691 =(B81*$G$66+C81*$G$67+D81*$G$68+E81*$G$69+F81*$G$70+G81*$G$71)
1.050495 1.043527 =(B82*$G$66+C82*$G$67+D82*$G$68+E82*$G$69+F82*$G$70+G82*$G$71)
0.981778 0.996782 =(B83*$G$66+C83*$G$67+D83*$G$68+E83*$G$69+F83*$G$70+G83*$G$71)
1.06208 0.998891 =(B84*$G$66+C84*$G$67+D84*$G$68+E84*$G$69+F84*$G$70+G84*$G$71)
0.887615 0.952137 =(B85*$G$66+C85*$G$67+D85*$G$68+E85*$G$69+F85*$G$70+G85*$G$71)
1.045506 0.975504 =(B86*$G$66+C86*$G$67+D86*$G$68+E86*$G$69+F86*$G$70+G86*$G$71)
0.957194 0.963443 =(B87*$G$66+C87*$G$67+D87*$G$68+E87*$G$69+F87*$G$70+G87*$G$71)
0.712138 0.957801 =(B88*$G$66+C88*$G$67+D88*$G$68+E88*$G$69+F88*$G$70+G88*$G$71)
0.88141 1.002174 =(B89*$G$66+C89*$G$67+D89*$G$68+E89*$G$69+F89*$G$70+G89*$G$71)
1.131107 1.005911 =(B90*$G$66+C90*$G$67+D90*$G$68+E90*$G$69+F90*$G$70+G90*$G$71)
1.122927 1.055289 =(B91*$G$66+C91*$G$67+D91*$G$68+E91*$G$69+F91*$G$70+G91*$G$71)
1.051935 0.988181 =(B92*$G$66+C92*$G$67+D92*$G$68+E92*$G$69+F92*$G$70+G92*$G$71)
1.068994 1.049409 =(B93*$G$66+C93*$G$67+D93*$G$68+E93*$G$69+F93*$G$70+G93*$G$71)
1.173833 1.082758 =(B94*$G$66+C94*$G$67+D94*$G$68+E94*$G$69+F94*$G$70+G94*$G$71)
0.925955 0.947403 =(B95*$G$66+C95*$G$67+D95*$G$68+E95*$G$69+F95*$G$70+G95*$G$71)
1.093434 1.04857 =(B96*$G$66+C96*$G$67+D96*$G$68+E96*$G$69+F96*$G$70+G96*$G$71)
1.117978 1.066403 =(B97*$G$66+C97*$G$67+D97*$G$68+E97*$G$69+F97*$G$70+G97*$G$71)
1.100153 1.056425 =(B98*$G$66+C98*$G$67+D98*$G$68+E98*$G$69+F98*$G$70+G98*$G$71)
0.931244 0.938641 =(B99*$G$66+C99*$G$67+D99*$G$68+E99*$G$69+F99*$G$70+G99*$G$71)
0.942994 1.031526 =(B100*$G$66+C100*$G$67+D100*$G$68+E100*$G$69+F100*$G$70+G100*$G$71)
1.056481 1.066666 =(B101*$G$66+C101*$G$67+D101*$G$68+E101*$G$69+F101*$G$70+G101*$G$71)
1.061348 1.035047 =(B102*$G$66+C102*$G$67+D102*$G$68+E102*$G$69+F102*$G$70+G102*$G$71)
0.950154 1.040539 =(B103*$G$66+C103*$G$67+D103*$G$68+E103*$G$69+F103*$G$70+G103*$G$71)
1.045634 1.026938 =(B104*$G$66+C104*$G$67+D104*$G$68+E104*$G$69+F104*$G$70+G104*$G$71)
1.118115 1.05586 =(B105*$G$66+C105*$G$67+D105*$G$68+E105*$G$69+F105*$G$70+G105*$G$71)
1.063463 1.077609 =(B106*$G$66+C106*$G$67+D106*$G$68+E106*$G$69+F106*$G$70+G106*$G$71)
1.064643 1.073747 =(B107*$G$66+C107*$G$67+D107*$G$68+E107*$G$69+F107*$G$70+G107*$G$71)
1.049316 0.997093 =(B108*$G$66+C108*$G$67+D108*$G$68+E108*$G$69+F108*$G$70+G108*$G$71)
1.021289 1.010734 =(B109*$G$66+C109*$G$67+D109*$G$68+E109*$G$69+F109*$G$70+G109*$G$71)
1.035307 1.039176 =(B110*$G$66+C110*$G$67+D110*$G$68+E110*$G$69+F110*$G$70+G110*$G$71)
1.013441 1.02211 =(B111*$G$66+C111*$G$67+D111*$G$68+E111*$G$69+F111*$G$70+G111*$G$71)
1.037931 1.086273 =(B112*$G$66+C112*$G$67+D112*$G$68+E112*$G$69+F112*$G$70+G112*$G$71)
1.014709 1.012139 =(B113*$G$66+C113*$G$67+D113*$G$68+E113*$G$69+F113*$G$70+G113*$G$71)
1.048099 1.028807 =(B114*$G$66+C114*$G$67+D114*$G$68+E114*$G$69+F114*$G$70+G114*$G$71)
1.007708 1.009356 =(B115*$G$66+C115*$G$67+D115*$G$68+E115*$G$69+F115*$G$70+G115*$G$71)
PR-ACIIX PR-OREAX PR-FRNRX PR-PESPX
0.982542 0.965341 0.878575966 1.007708197
1.021137 0.929428 1.146919395 1.04809874
1.006736 1.109378 0.833112805 1.014709417
1.039425 1.075336 0.827243329 1.037931097
1.014192 1.034665 1.01105796 1.013440812
1.074588 1.096136 1.146685934 1.035306675
0.996359 0.991596 0.945059769 1.021288962
1.019829 1.018627 1.095238176 1.049315884
1.032082 0.924129 1.017256949 1.064643387
1.061133 1.100307 0.942636925 1.063462845
1.05434 1.067118 1.064075381 1.118114603
1.028244 0.97149 1.045065031 1.045634219
1.022045 1.017595 0.879921774 0.950153636
1.03449 1.064855 0.967576408 1.06134802
1.049009 1.074773 1.016475598 1.056480966
0.994276 0.946461 0.854249018 0.942994396
0.9535 0.999465 0.959776544 0.931244053
1.06087 1.096543 1.089868458 1.10015341
1.058006 1.063806 1.197865187 1.117977662
1.067081 1.068261 1.146004568 1.093434298
0.960949 0.983114 0.917622211 0.925954791
1.080216 1.246122 1.123770774 1.173833494
1.029721 1.074924 1.022838381 1.068994093
1.033293 1.149776 1.098009788 1.051934941
1.090162 1.084758 1.180931298 1.122927324
1.011667 1.097536 1.144669877 1.131106532
0.940536 0.73454 0.908181087 0.881409675
0.868751 0.706729 0.543765983 0.712138364
0.936929 0.920142 0.940803861 0.957194289
1.013443 1.078769 1.158693977 1.045505761
0.919001 0.856627 0.903180143 0.887614907
1.051689 1.141481 1.157610147 1.062080017
0.972884 0.827089 1.074788526 0.981778108
1.037793 0.948516 1.149802512 1.050495166
1.038427 1.119339 1.040213321 1.065034168
1.07269 1.122394 0.974403251 1.05771958
1.020064 1.063893 0.967984458 0.926813256
1.0386 1.031723 1.002791689 1.03008784
1.045865 1.129397 1.214231465 1.116905918
0.974777 0.947755 1.048353897 0.974421861
Rank Name Geometric Mean Rank
1 PESPX 0.021172526 1
2 WPSGX 0.018702695 2
3 Optimal Portfolio 0.01837305 3
4 6-fund 0.017136352 4
5 ACIIX 0.016558957 5
6 VEUAX 0.015752715 6
7 OREAX 0.015720862 7
8 FRNRX 0.006318746 8
Rank
1
2
3
4
5
6
7
8
6,000.00
8,000.00
10,000.00
12,000.00
14,000.00
16,000.00
18,000.00
20,000.00
22,000.00
24,000.00
AX
IS T
ITLE
AXIS TITLE
WPSGX
VEUAX
ACIIX
OREAX
FRNRX
PESPX
5-Fund
6-Fund
0
0.005
0.01
0.015
0.02
0.025
0.03
0 0.02 0.04 0.06 0.08 0.1 0.12 0.14
ER
STANDARD DEVIATION
MEAN-VARIANCE
WPSGX VEUAX ACIIX OREAX FRNRX PESPX 5-Fund 6-Fund
0
0.01
0.02
0.03
0.04
0.05
0.06
0.07
0.000000 0.050000 0.100000 0.150000 0.200000 0.250000
Exp
ecte
d R
etu
rn
Standard Deviation
Mean Variance Frontier
Possiblity Curve
GMVP
WPSGX
ACIIX
OREAX
FRNRX
PESPX
0
0.01
0.02
0.03
0.04
0.05
0.06
0.07
0 0.05 0.1 0.15 0.2 0.25
Exp
ecte
d R
etu
rn
Standard Deviation
Mean Variance Frontier
Possibility Curve
GMVP
WPSGX
ACIIX
OREAX
FRNRX
PESPX
VEUAX
"CAL"
Linear ("CAL")
Date WPSGX WPSGX-RF VEUAX
July-15 0.029915 0.02983953 0.004788548
April-15 0.058424 0.05837439 0.072314845
January-15 -0.00415 -0.0042251 -0.014904158
October-14 0.065243 0.0651927 -0.053199748
July-14 0.027944 0.02786916 -0.037476796
April-14 0.051562 0.05148699 0.063955822
January-14 0.020964 0.0208644 0.022344761
October-13 0.034707 0.03458212 0.110663119
July-13 0.072592 0.07249188 0.070503588
April-13 0.083165 0.08301533 0.026082682
January-13 0.042564 0.0423893 0.150154112
October-12 0.052544 0.05229443 0.114641804
July-12 -0.04792 -0.04817 -0.081807819
April-12 0.119694 0.11949352 0.071078492
January-12 0.026013 0.02593813 -0.004707759
October-11 0.014111 0.01406055 -0.103430125
July-11 -0.02518 -0.025278 -0.094601019
April-11 0.035869 0.03571916 0.09811117
January-11 0.057596 0.05722149 0.058908064
October-10 0.127765 0.12743961 0.125615737
July-10 -0.08084 -0.0812429 -0.051955522
April-10 0.071842 0.07144189 0.040072829
January-10 0.036661 0.03651066 -0.012071459
October-09 0.051615 0.05143999 0.055831235
July-09 0.082619 0.082169 0.228658627
April-09 0.149897 0.14949659 0.064071375
January-09 -0.11411 -0.1144336 -0.126426689
October-08 -0.18844 -0.1901684 -0.363484128
July-08 -0.05806 -0.0622141 -0.100564933
April-08 0.0064 0.00312542 0.053571355
January-08 -0.10419 -0.1112354 -0.171526986
October-07 0.059907 0.04990685 0.094125033
July-07 -0.02586 -0.0382612 0.013444319
April-07 0.013232 0.00070701 0.083969456
January-07 0.025839 0.01306423 0.08769325
October-06 0.136748 0.12412252 0.08815542
July-06 -0.07785 -0.0905514 -0.022399489
April-06 0.006202 -0.0055979 0.130472203
January-06 0.022677 0.01182674 0.162188361
October-05 -0.01261 -0.0220885 0.018053872
Variance of S&P 500-Rf
Covariances of funds-Rf & S&P 500-Rf 0.00452758
Beta of WPSGX against the SP 500 0.89554632 =C45/O44
Beta of VEUAX against the SP 500 1.28462319 =E45/O44
Beta of ACIIX against the SP 500 0.63710969 =G45/O44
Beta of OREAX against the SP 500 1.23971794 =I45/O44
Beta of FRNRX against the SP 500 1.33335523 =K45/O44
Beta of PESPX against the SP 500 1.13975232 =M45/O44
VEUAX-RF ACIIX ACIIX-RF OREAX OREAX-RF FRNRX FRNRX-RF PESPX PESPX-RF
0.004713548 -0.01746 -0.01753 -0.03466 -0.034734 -0.12142 -0.121499 0.007708 0.007633
0.072264845 0.021137 0.021087 -0.07057 -0.070622 0.146919 0.1468694 0.048099 0.048049
-0.014979158 0.006736 0.006661 0.109378 0.1093025 -0.16689 -0.166962 0.014709 0.014634
-0.053249748 0.039425 0.039375 0.075336 0.0752859 -0.17276 -0.172807 0.037931 0.037881
-0.037551796 0.014192 0.014117 0.034665 0.0345902 0.011058 0.010983 0.013441 0.013366
0.063880822 0.074588 0.074513 0.096136 0.0960611 0.146686 0.1466109 0.035307 0.035232
0.022244761 -0.00364 -0.00374 -0.0084 -0.008504 -0.05494 -0.05504 0.021289 0.021189
0.110538119 0.019829 0.019704 0.018627 0.018502 0.095238 0.0951132 0.049316 0.049191
0.070403588 0.032082 0.031982 -0.07587 -0.075971 0.017257 0.0171569 0.064643 0.064543
0.025932682 0.061133 0.060983 0.100307 0.1001567 -0.05736 -0.057513 0.063463 0.063313
0.149979112 0.05434 0.054165 0.067118 0.0669427 0.064075 0.0639004 0.118115 0.11794
0.114391804 0.028244 0.027994 -0.02851 -0.02876 0.045065 0.044815 0.045634 0.045384
-0.082057819 0.022045 0.021795 0.017595 0.0173446 -0.12008 -0.120328 -0.04985 -0.0501
0.070878492 0.03449 0.03429 0.064855 0.064655 -0.03242 -0.032624 0.061348 0.061148
-0.004782759 0.049009 0.048934 0.074773 0.0746975 0.016476 0.0164006 0.056481 0.056406
-0.103480125 -0.00572 -0.00577 -0.05354 -0.053589 -0.14575 -0.145801 -0.05701 -0.05706
-0.094701019 -0.0465 -0.0466 -0.00053 -0.000635 -0.04022 -0.040323 -0.06876 -0.06886
0.09796117 0.06087 0.06072 0.096543 0.0963926 0.089868 0.0897185 0.100153 0.100003
0.058533064 0.058006 0.057631 0.063806 0.0634313 0.197865 0.1974902 0.117978 0.117603
0.125290737 0.067081 0.066756 0.068261 0.0679361 0.146005 0.1456796 0.093434 0.093109
-0.052355522 -0.03905 -0.03945 -0.01689 -0.017286 -0.08238 -0.082778 -0.07405 -0.07445
0.039672829 0.080216 0.079816 0.246122 0.2457221 0.123771 0.1233708 0.173833 0.173433
-0.012221459 0.029721 0.029571 0.074924 0.0747736 0.022838 0.0226884 0.068994 0.068844
0.055656235 0.033293 0.033118 0.149776 0.149601 0.09801 0.0978348 0.051935 0.05176
0.228208627 0.090162 0.089712 0.084758 0.0843076 0.180931 0.1804813 0.122927 0.122477
0.063671375 0.011667 0.011267 0.097536 0.0971358 0.14467 0.1442699 0.131107 0.130707
-0.126751689 -0.05946 -0.05979 -0.26546 -0.265785 -0.09182 -0.092144 -0.11859 -0.11892
-0.365209128 -0.13125 -0.13297 -0.29327 -0.294996 -0.45623 -0.457959 -0.28786 -0.28959
-0.104714933 -0.06307 -0.06722 -0.07986 -0.084008 -0.0592 -0.063346 -0.04281 -0.04696
0.050296355 0.013443 0.010168 0.078769 0.075494 0.158694 0.155419 0.045506 0.042231
-0.178576986 -0.081 -0.08805 -0.14337 -0.150423 -0.09682 -0.10387 -0.11239 -0.11944
0.084125033 0.051689 0.041689 0.141481 0.1314808 0.15761 0.1476101 0.06208 0.05208
0.001044319 -0.02712 -0.03952 -0.17291 -0.185311 0.074789 0.0623885 -0.01822 -0.03062
0.071444456 0.037793 0.025268 -0.05148 -0.064009 0.149803 0.1372775 0.050495 0.03797
0.07491825 0.038427 0.025652 0.119339 0.1065638 0.040213 0.0274383 0.065034 0.052259
0.07553042 0.07269 0.060065 0.122394 0.1097692 -0.0256 -0.038222 0.05772 0.045095
-0.035099489 0.020064 0.007364 0.063893 0.0511928 -0.03202 -0.044716 -0.07319 -0.08589
0.118672203 0.0386 0.0268 0.031723 0.0199228 0.002792 -0.009008 0.030088 0.018288
0.151338361 0.045865 0.035015 0.129397 0.118547 0.214231 0.2033815 0.116906 0.106056
0.008578872 -0.02522 -0.0347 -0.05225 -0.06172 0.048354 0.0388789 -0.02558 -0.03505
0.006494622 0.003221 0.0062676 0.006741 0.005762
SP 500 SP 500-RF 3 Months T-bill Effective Quarterly Rates
-0.00388 -0.003954189 0.000075
0.045374 0.045323671 0.00005
-0.01143 -0.011501901 0.000075
0.045259 0.045208901 0.00005
0.024799 0.02472401 0.000075
0.056861 0.056786077 0.000075
0.01483 0.014730249 0.0001
0.042006 0.041880576 0.000125
0.055184 0.055083834 0.0001
0.06639 0.066240293 0.00015
0.060864 0.060689172 0.000175
0.023809 0.023558898 0.00025
-0.0133 -0.013548487 0.00025
0.065147 0.064947323 0.0002
0.047163 0.047088475 0.000075
-0.03016 -0.030213725 0.00005
-0.05231 -0.052409646 0.0001
0.060251 0.06010098 0.00015
0.086929 0.086554317 0.000375
0.074129 0.073803573 0.000325
-0.0717 -0.07210362 0.0004
0.105059 0.104659222 0.0004
0.036364 0.036214041 0.00015
0.049328 0.049152543 0.000175
0.13138 0.130930234 0.00045
0.056824 0.056424227 0.0004
-0.14748 -0.147803705 0.000325
-0.23563 -0.237352834 0.001725
-0.08531 -0.089463811 0.00415
0.005107 0.001831755 0.003275
-0.11026 -0.117306977 0.00705
0.064668 0.054668401 0.01
-0.01828 -0.030681519 0.0124
0.030683 0.018158339 0.012525
0.043761 0.030986014 0.012775
0.079332 0.066706932 0.012625
-0.0259 -0.038603931 0.0127
0.02385 0.012050095 0.0118
0.060538 0.049687978 0.01085
-0.02201 -0.031489652 0.009475
0.003161875 =AVERAGE(P2:P41)
0.005055663
Date WPSGX WPSGX-Rf VEUAX VEUAX-Rf ACIIX ACIIX-Rf
July-15 0.029915 0.0298395 0.004789 0.0047135 -0.01746 -0.01753
April-15 0.058424 0.0583744 0.072315 0.0722648 0.021137 0.021087
January-15 -0.00415 -0.004225 -0.0149 -0.014979 0.006736 0.006661
October-14 0.065243 0.0651927 -0.0532 -0.05325 0.039425 0.039375
July-14 0.027944 0.0278692 -0.03748 -0.037552 0.014192 0.014117
April-14 0.051562 0.051487 0.063956 0.0638808 0.074588 0.074513
January-14 0.020964 0.0208644 0.022345 0.0222448 -0.00364 -0.00374
October-13 0.034707 0.0345821 0.110663 0.1105381 0.019829 0.019704
July-13 0.072592 0.0724919 0.070504 0.0704036 0.032082 0.031982
April-13 0.083165 0.0830153 0.026083 0.0259327 0.061133 0.060983
January-13 0.042564 0.0423893 0.150154 0.1499791 0.05434 0.054165
October-12 0.052544 0.0522944 0.114642 0.1143918 0.028244 0.027994
July-12 -0.04792 -0.04817 -0.08181 -0.082058 0.022045 0.021795
April-12 0.119694 0.1194935 0.071078 0.0708785 0.03449 0.03429
January-12 0.026013 0.0259381 -0.00471 -0.004783 0.049009 0.048934
October-11 0.014111 0.0140606 -0.10343 -0.10348 -0.00572 -0.00577
July-11 -0.02518 -0.025278 -0.0946 -0.094701 -0.0465 -0.0466
April-11 0.035869 0.0357192 0.098111 0.0979612 0.06087 0.06072
January-11 0.057596 0.0572215 0.058908 0.0585331 0.058006 0.057631
October-10 0.127765 0.1274396 0.125616 0.1252907 0.067081 0.066756
July-10 -0.08084 -0.081243 -0.05196 -0.052356 -0.03905 -0.03945
April-10 0.071842 0.0714419 0.040073 0.0396728 0.080216 0.079816
January-10 0.036661 0.0365107 -0.01207 -0.012221 0.029721 0.029571
October-09 0.051615 0.05144 0.055831 0.0556562 0.033293 0.033118
July-09 0.082619 0.082169 0.228659 0.2282086 0.090162 0.089712
April-09 0.149897 0.1494966 0.064071 0.0636714 0.011667 0.011267
January-09 -0.11411 -0.114434 -0.12643 -0.126752 -0.05946 -0.05979
October-08 -0.18844 -0.190168 -0.36348 -0.365209 -0.13125 -0.13297
July-08 -0.05806 -0.062214 -0.10056 -0.104715 -0.06307 -0.06722
April-08 0.0064 0.0031254 0.053571 0.0502964 0.013443 0.010168
January-08 -0.10419 -0.111235 -0.17153 -0.178577 -0.081 -0.08805
October-07 0.059907 0.0499068 0.094125 0.084125 0.051689 0.041689
July-07 -0.02586 -0.038261 0.013444 0.0010443 -0.02712 -0.03952
April-07 0.013232 0.000707 0.083969 0.0714445 0.037793 0.025268
January-07 0.025839 0.0130642 0.087693 0.0749183 0.038427 0.025652
October-06 0.136748 0.1241225 0.088155 0.0755304 0.07269 0.060065
July-06 -0.07785 -0.090551 -0.0224 -0.035099 0.020064 0.007364
April-06 0.006202 -0.005598 0.130472 0.1186722 0.0386 0.0268
January-06 0.022677 0.0118267 0.162188 0.1513384 0.045865 0.035015
October-05 -0.01261 -0.022089 0.018054 0.0085789 -0.02522 -0.0347
Variance of DJI-Rf
Covariances of funds-Rf 0.0037766 0.0055355 0.002862
Beta of WPSGX against the DJI 0.947728 =C44/$O$43
Beta of VEUAX against the DJI 1.389149 =E44/$O$43
Beta of ACIIX against the DJI 0.718139 =G44/$O$43
Beta of OREAX against the DJI 1.363294 =I44/$O$43
Beta of FRNRX against the DJI 1.381482 =K44/$O$43
Beta of PESPX against the DJI 1.213649 =M44/$O$43
OREAX OREAX-Rf FRNRX FRNRX-Rf PESPX PESPX-Rf Dow jones Dow jones-Rf
-0.03466 -0.034733913 -0.12142 -0.1215 0.007708 0.007633 -0.00463047 -0.00470547
-0.07057 -0.070622431 0.146919 0.146869 0.048099 0.048049 0.039357528 0.039307528
0.109378 0.10930253 -0.16689 -0.16696 0.014709 0.014634 -0.01297086 -0.01304586
0.075336 0.075285865 -0.17276 -0.17281 0.037931 0.037881 0.049942946 0.049892946
0.034665 0.034590157 0.011058 0.010983 0.013441 0.013366 -0.001057847 -0.001132847
0.096136 0.0960611 0.146686 0.146611 0.035307 0.035232 0.056181822 0.056106822
-0.0084 -0.008504391 -0.05494 -0.05504 0.021289 0.021189 0.009848351 0.009748351
0.018627 0.018502033 0.095238 0.095113 0.049316 0.049191 0.002981379 0.002856379
-0.07587 -0.075971235 0.017257 0.017157 0.064643 0.064543 0.044457472 0.044357472
0.100307 0.10015672 -0.05736 -0.05751 0.063463 0.063313 0.070647837 0.070497837
0.067118 0.066942696 0.064075 0.0639 0.118115 0.11794 0.058345538 0.058170538
-0.02851 -0.028760192 0.045065 0.044815 0.045634 0.045384 0.006747802 0.006497802
0.017595 0.017344569 -0.12008 -0.12033 -0.04985 -0.0501 -0.015510499 -0.015760499
0.064855 0.06465499 -0.03242 -0.03262 0.061348 0.061148 0.045968823 0.045768823
0.074773 0.074697546 0.016476 0.016401 0.056481 0.056406 0.05670426 0.05662926
-0.05354 -0.053588995 -0.14575 -0.1458 -0.05701 -0.05706 -0.015500805 -0.015550805
-0.00053 -0.000634872 -0.04022 -0.04032 -0.06876 -0.06886 -0.05208992 -0.05218992
0.096543 0.096392635 0.089868 0.089718 0.100153 0.100003 0.077246502 0.077096502
0.063806 0.063431301 0.197865 0.19749 0.117978 0.117603 0.069563403 0.069188403
0.068261 0.067936069 0.146005 0.14568 0.093434 0.093109 0.06234987 0.06202487
-0.01689 -0.017285946 -0.08238 -0.08278 -0.07405 -0.07445 -0.049295052 -0.049695052
0.246122 0.245722074 0.123771 0.123371 0.173833 0.173433 0.093498475 0.093098475
0.074924 0.074773586 0.022838 0.022688 0.068994 0.068844 0.036508788 0.036358788
0.149776 0.149600981 0.09801 0.097835 0.051935 0.05176 0.058999456 0.058824456
0.084758 0.084307575 0.180931 0.180481 0.122927 0.122477 0.122854463 0.122404463
0.097536 0.097135832 0.14467 0.14427 0.131107 0.130707 0.020905253 0.020505253
-0.26546 -0.265785043 -0.09182 -0.09214 -0.11859 -0.11892 -0.141999848 -0.142324848
-0.29327 -0.294995743 -0.45623 -0.45796 -0.28786 -0.28959 -0.180436491 -0.182161491
-0.07986 -0.084007688 -0.0592 -0.06335 -0.04281 -0.04696 -0.112487939 -0.116637939
0.078769 0.075493994 0.158694 0.155419 0.045506 0.042231 0.013420171 0.010145171
-0.14337 -0.150422643 -0.09682 -0.10387 -0.11239 -0.11944 -0.09186282 -0.09891282
0.141481 0.131480779 0.15761 0.14761 0.06208 0.05208 0.05434609 0.04434609
-0.17291 -0.185310861 0.074789 0.062389 -0.01822 -0.03062 0.011412465 -0.000987535
-0.05148 -0.064009429 0.149803 0.137278 0.050495 0.03797 0.034957284 0.022432284
0.119339 0.106563819 0.040213 0.027438 0.065034 0.052259 0.044778751 0.032003751
0.122394 0.109769249 -0.0256 -0.03822 0.05772 0.045095 0.080017487 0.067392487
0.063893 0.051192769 -0.03202 -0.04472 -0.07319 -0.08589 -0.015963558 -0.028663558
0.031723 0.019922752 0.002792 -0.00901 0.030088 0.018288 0.046229772 0.034429772
0.129397 0.118547002 0.214231 0.203381 0.116906 0.106056 0.040688425 0.029838425
-0.05225 -0.061720226 0.048354 0.038879 -0.02558 -0.03505 -0.018874326 -0.028349326
0.003984847
0.005432516 0.005505 0.004836
3 Months T-bill Effective Quarterly Rates
0.000075
0.00005
0.000075
0.00005
0.000075
0.000075
0.0001
0.000125
0.0001
0.00015
0.000175
0.00025
0.00025
0.0002
0.000075
0.00005
0.0001
0.00015
0.000375
0.000325
0.0004
0.0004
0.00015
0.000175
0.00045
0.0004
0.000325
0.001725
0.00415
0.003275
0.00705
0.01
0.0124
0.012525
0.012775
0.012625
0.0127
0.0118
0.01085
0.009475
Van Horn's Correction of Beta Van Horn's Correction of Beta
Beta of WPSGX against the SP 500 0.895546 Beta of WPSGX against the DJI 0.947728
Beta of VEUAX against the SP 500 1.284623 Beta of VEUAX against the DJI 1.389149
Beta of ACIIX against the SP 500 0.63711 Beta of ACIIX against the DJI 0.718139
Beta of OREAX against the SP 500 1.239718 Beta of OREAX against the DJI 1.363294
Beta of FRNRX against the SP 500 1.333355 Beta of FRNRX against the DJI 1.381482
Beta of PESPX against the SP 500 1.139752 Beta of PESPX against the DJI 1.213649
The S&P 500 is a market value-weighted index of 500 stocks, while the Dow Jones (DJI) is price weighted average
of 30 stocks. This may explain the differences in beta, the regression against the DJI is larger than that of the S&P 500.
Which indicates that the DJI is more volatile than the S&P 500. As its name suggest, the S&P 500 includes
500 stocks which makes it less impacted on movements on a few stocks, while the returns on the
DJI is more susceptible to price movements on just a few stocks. Thus giving the impression that the returns of the
funds are riskier when a regression is run against it.
As the results indicate, the beta of the funds are less when the S&P 500 is use as a proxy. The S&P 500 represents a larger portion of the U.S.
economy than that of the DJI which makes it a better proxy.Also, there are some inherit weakness of a price -weighted index (e.g. ignores the number of shares outstanding)
which makes it a less reliable proxy of the market at large.
The S&P 500 is a market value-weighted index of 500 stocks, while the Dow Jones (DJI) is price weighted average
of 30 stocks. This may explain the differences in beta, the regression against the DJI is larger than that of the S&P 500.
DJI is more susceptible to price movements on just a few stocks. Thus giving the impression that the returns of the
As the results indicate, the beta of the funds are less when the S&P 500 is use as a proxy. The S&P 500 represents a larger portion of the U.S.
economy than that of the DJI which makes it a better proxy.Also, there are some inherit weakness of a price -weighted index (e.g. ignores the number of shares outstanding)
SP 500 N+ Runs N-
-0.003879189 yes ignore 1 -0.00388
0.045373671 no 0.045374 2 ignore
-0.011426901 yes ignore 3 -0.01143
0.045258901 no 0.045259 ignore
0.02479901 no 0.024799 4 ignore
0.056861077 no 0.056861 ignore
0.014830249 no 0.01483 ignore
0.042005576 no 0.042006 ignore
0.055183834 no 0.055184 ignore
0.066390293 no 0.06639 ignore
0.060864172 no 0.060864 ignore
0.023808898 no 0.023809 ignore
-0.013298487 yes ignore 5 -0.0133
0.065147323 no 0.065147 6 ignore
0.047163475 no 0.047163 ignore
-0.030163725 yes ignore 7 -0.03016
-0.052309646 yes ignore -0.05231
0.06025098 no 0.060251 8 ignore
0.086929317 no 0.086929 ignore
0.074128573 no 0.074129 ignore
-0.07170362 yes ignore 9 -0.0717
0.105059222 no 0.105059 ignore
0.036364041 no 0.036364 10 ignore
0.049327543 no 0.049328 ignore
0.131380234 no 0.13138 ignore
0.056824227 no 0.056824 ignore
-0.147478705 yes ignore -0.14748
-0.235627834 yes ignore 11 -0.23563
-0.085313811 yes ignore -0.08531
0.005106755 no 0.005107 12 ignore
-0.110256977 yes ignore 13 -0.11026
0.064668401 no 0.064668 14 ignore
-0.018281519 yes ignore 15 -0.01828
0.030683339 no 0.030683 ignore
0.043761014 no 0.043761 16 ignore
0.079331932 no 0.079332 ignore
-0.025903931 yes ignore 17 -0.0259
0.023850095 no 0.02385 ignore
0.060537978 no 0.060538 18 ignore
-0.022014652 yes ignore 19 -0.02201
N1= 27 N2= 13
µ= 18.55 =(2*C42*E42)/(C42+E42)+1
Variance 7.4475 =((2*C42*E42*(2*C42*E42-C42-E42)/((C42+E42)^2*(C42+E42-1))))
Sigma 2.729011 =SQRT(B44)
Z-score: test statistic 0.164895 =(H42-B43)/(B45)
Significance level 0.05
Critical value Z(1-a/2) two tail 1.96
Reject H0 if (Z) <-1.96>1.96
A two tail test was done for the test statistic of 0.164895, with a significance level of 0.05 to determine whether
the sequence was produced in a random order. Because the test statistic lies within -1.96 to 1.96, the null
hypothesis is not rejected, meaning the sequence was produced in a random matter.
Total observed runs 19
=((2*C42*E42*(2*C42*E42-C42-E42)/((C42+E42)^2*(C42+E42-1))))
A two tail test was done for the test statistic of 0.164895, with a significance level of 0.05 to determine whether
the sequence was produced in a random order. Because the test statistic lies within -1.96 to 1.96, the null
hypothesis is not rejected, meaning the sequence was produced in a random matter.
Date WPSGX VEUAX ACIIX OREAX FRNRX PESPX RWPSGX VEUAX RACIIX ROREAX RFRNRX RPESPX RQ-WPSGX RQ-VEUAX RQ-ACIX RQ-OREAX RQ-FRNRX RQ-PESPX
Jul-15 28.92 25.18 8.57 27.13 27.64 39.22 0.008017 0.012058 0.005869 0.016867 -0.02055 0.004096 0.0299145 0.004788548 -0.01746 -0.0346589 -0.121424034 0.007708
Jun-15 28.69 24.88 8.52 26.68 28.22 39.06 -0.00243 -0.01699 -0.02762 -0.04797 -0.04436 -0.01364
May-15 28.76 25.31 8.762013 28.02441 29.53 39.6 0.024217 0.009976 0.004556 -0.00283 -0.06135 0.017472
Apr-15 28.08 25.06 8.722277 28.10406 31.46 38.92 -0.00355 0.02747 0.008037 -0.05963 0.11284 -0.01518 0.0584244 0.072314845 0.021137 -0.0705724 0.146919395 0.048099
Mar-15 28.18 24.39 8.652737 29.88607 28.27 39.52 -0.0067 -0.01851 -0.01107 0.018493 -0.0368 0.012747
Feb-15 28.37 24.85 8.749581 29.34341 29.35 39.02258 0.069355 0.063329 0.024334 -0.02959 0.069996 0.050861
Jan-15 26.53 23.37 8.541729 30.23803 27.43 37.1339 -0.04362 -0.00128 -0.01371 0.062522 -0.0399 -0.0117 -0.0041501 -0.01490416 0.006736 0.10937753 -0.166887195 0.014709
Dec-14 27.74 23.4 8.660501 28.45873 28.57 37.57359 -0.00168 -0.0364 0.004516 0.025219 -0.03643 0.008174
Nov-14 27.7866 24.28383 8.621569 27.7587 29.65005 37.26897 0.043019 0.023616 0.016146 0.018416 -0.09946 0.0184
Oct-14 26.64056 23.72358 8.484574 27.25675 32.92471 36.5956 0.028496 -0.01799 0.020879 0.111197 -0.09565 0.035185 0.0652427 -0.05319975 0.039425 0.07533586 -0.172756671 0.037931
Sep-14 25.90244 24.15826 8.311047 24.52918 36.40714 35.35174 -0.01587 -0.03734 -0.01365 -0.05717 -0.09958 -0.0457
Aug-14 26.32006 25.09522 8.426069 26.01646 40.43369 37.04451 0.052427 0.001542 0.032258 0.026404 0.015909 0.050663
Jul-14 25.00891 25.05659 8.162755 25.3472 39.80052 35.25822 -0.02017 -0.03926 -0.0207 -0.00074 -0.03986 -0.04315 0.0279442 -0.0374768 0.014192 0.03466516 0.01105796 0.013441
Jun-14 25.52366 26.08048 8.335272 25.36605 41.45269 36.84811 0.036278 0.002227 0.019658 0.012934 0.05515 0.040951
May-14 24.63014 26.02253 8.174574 25.04216 39.28607 35.39851 0.012375 -0.00037 0.01566 0.022214 -0.00201 0.017473
Apr-14 24.32906 26.03219 8.048534 24.49797 39.36522 34.79061 0.015815 -0.00259 0.010169 0.032832 0.052089 -0.01587 0.051562 0.063955822 0.074588 0.0961361 0.146685934 0.035307
Mar-14 23.95028 26.0998 7.967509 23.71922 37.41625 35.35174 -0.00765 -0.02384 0.023328 0.007678 0.015847 0.003185
Feb-14 24.13482 26.73733 7.785883 23.53848 36.83255 35.23951 0.043166 0.092775 0.039521 0.053205 0.072911 0.048665
Jan-14 23.13611 24.46736 7.489876 22.34939 34.32956 33.60416 -0.0562 -0.02913 -0.02681 0.031993 -0.04091 -0.0215 0.0209644 0.022344761 -0.00364 -0.0084044 -0.054940231 0.021289
Dec-13 24.51383 25.20148 7.696183 21.65653 35.79376 34.3424 0.028298 0.035476 0.012553 0.002017 0.013742 0.030291
Nov-13 23.83922 24.33806 7.600774 21.61294 35.30856 33.33273 0.051992 0.016942 0.011111 -0.04108 -0.02799 0.01304
Oct-13 22.66104 23.93259 7.517249 22.53881 36.32528 32.90367 0.031128 0.060762 0.03211 0.047826 0.04043 0.036902 0.0347071 0.110663119 0.019829 0.01862703 0.095238176 0.049316
Sep-13 21.97693 22.5617 7.283379 21.51007 34.91372 31.73269 0.030749 0.075967 0.021459 0.042292 0.037548 0.05154
Aug-13 21.32133 20.96877 7.130365 20.63728 33.65023 30.17734 -0.02646 -0.02688 -0.03266 -0.06731 0.014583 -0.03763
Jul-13 21.90092 21.54802 7.371088 22.12666 33.16655 31.35726 0.061234 0.08666 0.025404 0.009771 0.050657 0.061422 0.0725919 0.070503588 0.032082 -0.0758712 0.017256949 0.064643
Jun-13 20.63722 19.82958 7.18847 21.91256 31.56745 29.54269 -0.00867 -0.03341 -0.00156 -0.02775 -0.04309 -0.01871
May-13 20.81775 20.51503 7.199691 22.5381 32.98888 30.10583 0.019544 0.019185 0.008083 -0.05869 0.011807 0.022155
Apr-13 20.41869 20.12886 7.141962 23.94326 32.60391 29.4533 0.016556 0.045113 0.021227 0.061041 -0.04205 0.0058 0.0831653 0.026082682 0.061133 0.10030672 -0.057363075 0.063463
Mar-13 20.08614 19.25999 6.993514 22.56583 34.0352 29.28346 0.036783 0.007576 0.030282 0.033066 0.010847 0.047531
Feb-13 19.37353 19.11518 6.787964 21.84356 33.66998 27.95474 0.027722 -0.02559 0.008537 0.003815 -0.02654 0.009355
Jan-13 18.85095 19.61719 6.730508 21.76054 34.58798 27.69565 0.04918 0.058333 0.048593 0.03329 0.05861 0.071552 0.0425643 0.150154112 0.05434 0.0671177 0.064075381 0.118115
Dec-12 17.96731 18.53593 6.418607 21.05948 32.673 25.8463 -0.00421 0.051495 0.008026 0.033667 0.021605 0.021342
Nov-12 18.04332 17.62818 6.367501 20.37356 31.98204 25.30622 -0.0021 0.033538 -0.00253 -0.0009 -0.01609 0.021649
Oct-12 18.08133 17.05614 6.383621 20.39188 32.5052 24.76996 -0.01091 0.0359 -0.00627 -0.00846 -0.0243 -0.00818 0.0525444 0.114641804 0.028244 -0.0285102 0.045065031 0.045634
Sep-12 18.28086 16.46504 6.423922 20.56594 33.31462 24.97425 0.015303 0.037237 0.018979 -0.01894 0.043599 0.019104
Aug-12 18.00531 15.87394 6.304276 20.96295 31.92281 24.50609 0.04812 0.037383 0.015464 -0.0013 0.026341 0.034495
Jul-12 17.17868 15.30191 6.208272 20.99032 31.10352 23.68893 0.020316 -0.00311 0.022398 0.019495 0.028059 -0.00108 -0.04792 -0.08180782 0.022045 0.01759457 -0.120078226 -0.04985
Jun-12 16.83663 15.34958 6.072265 20.58894 30.25461 23.71447 0.011993 0.059908 0.038989 0.052892 0.013558 0.017531
May-12 16.6371 14.48199 5.844396 19.55465 29.8499 23.30589 -0.07794 -0.13101 -0.03786 -0.05201 -0.15554 -0.06521
Apr-12 18.04332 16.66525 6.074365 20.62739 35.34805 24.93169 -0.00628 -0.01075 -0.0039 0.028093 -0.01756 -0.00238 0.1196935 0.071078492 0.03449 0.06485499 -0.032423592 0.061348
Mar-12 18.15734 16.8464 6.098155 20.06375 35.97979 24.99127 0.037459 0.009138 0.01799 0.049496 -0.06274 0.018511
Feb-12 17.50173 16.69386 5.990389 19.11751 38.38831 24.53707 0.086085 0.072917 0.020189 -0.01309 0.050797 0.044549
Jan-12 16.11452 15.55932 5.871845 19.37108 36.53257 23.49059 0.039216 0.058366 0.020604 0.06365 0.063506 0.065201 0.0260131 -0.00470776 0.049009 0.07477255 0.016475598 0.056481
Dec-11 15.50642 14.70127 5.753302 18.21189 34.35107 22.05274 -0.00366 -0.02695 0.026395 0.047726 -0.05402 -0.00492
Nov-11 15.56343 15.10845 5.605347 17.38231 36.31266 22.16188 -0.00907 -0.03355 0.001399 -0.03557 0.010357 -0.00328
Oct-11 15.70595 15.63292 5.597518 18.02342 35.94043 22.23475 0.115385 0.119974 0.076807 0.140571 0.216512 0.136589 0.0141106 -0.10343013 -0.00572 -0.053539 -0.145750982 -0.05701
Sep-11 14.0812 13.95829 5.198255 15.8021 29.54384 19.56269 -0.05845 -0.09433 -0.04639 -0.1131 -0.20694 -0.10618
Aug-11 14.95534 15.41209 5.451142 17.81729 37.25305 21.88657 -0.03436 -0.1161 -0.03172 -0.06436 -0.11455 -0.07177
Jul-11 15.48742 17.43636 5.629741 19.04296 42.07254 23.57888 -0.00245 -0.0463 -0.02815 0.017333 0.027266 -0.03576 -0.025178 -0.09460102 -0.0465 -0.0005349 -0.040223456 -0.06876
Jun-11 15.52543 18.28288 5.792809 18.71852 40.95583 24.45337 -0.01388 -0.01144 -0.01502 -0.03308 -0.02404 -0.02043
May-11 15.74396 18.49451 5.881169 19.35901 41.96479 24.96349 -0.00903 -0.03966 -0.00392 0.016053 -0.04268 -0.01407
Apr-11 15.88743 19.25821 5.904293 19.05315 43.83577 25.31976 0.030634 0.082213 0.02957 0.056886 0.004941 0.026929 0.0358692 0.09811117 0.06087 0.09654263 0.089868458 0.100153
Mar-11 15.41521 17.79521 5.734718 18.02763 43.62026 24.65579 -0.02611 -0.01427 5.48E-05 -0.01397 0.02016 0.024115
Feb-11 15.82852 18.05285 5.734404 18.28308 42.75824 24.07523 0.032028 0.029381 0.030345 0.052223 0.063078 0.046078
Jan-11 15.3373 17.53758 5.56552 17.37566 40.22115 23.01475 -0.00284 0.014369 0.005548 0.031467 0.033736 0.019727 0.0575965 0.058908064 0.058006 0.0638063 0.197865187 0.117978
Dec-10 15.381 17.28914 5.534813 16.84559 38.90853 22.56952 0.03735 0.094816 0.055219 0.051009 0.090554 0.064791
Nov-10 14.82721 15.79183 5.24518 16.02801 35.67775 21.19619 0.022423 -0.0465 -0.00289 -0.0187 0.062554 0.029638
Oct-10 14.50203 16.56194 5.260384 16.33348 33.57736 20.58606 0.055548 0.043379 0.019146 0.041237 0.053507 0.033824 0.1277646 0.125615737 0.067081 0.06826107 0.146004568 0.093434
Sep-10 13.73887 15.87337 5.161561 15.68661 31.872 19.91253 0.097879 0.148852 0.059981 0.043043 0.12901 0.112932
Aug-10 12.51401 13.81672 4.869483 15.03928 28.23003 17.89196 -0.02684 -0.06096 -0.01221 -0.01638 -0.0365 -0.04966
Jul-10 12.85909 14.71367 4.929693 15.28978 29.2995 18.82697 0.059439 0.10929 0.048 0.099035 0.097042 0.068826 -0.0808429 -0.05195552 -0.03905 -0.0168859 -0.082377789 -0.07405
Jun-10 12.13764 13.26405 4.703906 13.912 26.70773 17.61463 -0.05923 0.001368 -0.02638 -0.05635 -0.05003 -0.06636
May-10 12.90175 13.24593 4.831335 14.74275 28.11442 18.86659 -0.07779 -0.14653 -0.05822 -0.05206 -0.11949 -0.0721
Apr-10 13.99009 15.52003 5.130026 15.5524 31.92981 20.3325 0.006089 -0.0322 0.016272 0.071194 0.030473 0.042242 0.0718419 0.040072829 0.080216 0.24612207 0.123770774 0.173833
Mar-10 13.90542 16.03646 5.047886 14.51875 30.9856 19.50842 0.048453 0.098696 0.041727 0.09772 0.045174 0.0709
Feb-10 13.2628 14.59589 4.845692 13.22628 29.64636 18.21684 0.016121 -0.02186 0.020344 0.059744 0.043405 0.051693
Jan-10 13.05239 14.92206 4.749076 12.48064 28.4131 17.32145 -0.04421 -0.05562 -0.02591 -0.05701 -0.04994 -0.03274 0.0366607 -0.01207146 0.029721 0.07492359 0.022838381 0.068994
Dec-09 13.65614 15.80089 4.875421 13.23516 29.9065 17.90781 0.036472 0.007631 0.022805 0.067287 0.028078 0.062496
Nov-09 13.1756 15.68123 4.766718 12.40075 29.08971 16.85447 0.046447 0.03819 0.033546 0.068043 0.047196 0.040174
Oct-09 12.5908 15.10439 4.612003 11.61072 27.77868 16.2035 -0.00315 -0.05234 -0.00318 -0.04386 -0.00375 -0.04573 0.051615 0.055831235 0.033293 0.14977598 0.098009788 0.051935
Sep-09 12.63061 15.93859 4.626738 12.14333 27.88318 16.97995 0.036317 0.052138 0.014964 0.057514 0.090268 0.056613
Aug-09 12.18798 15.14876 4.558523 11.4829 25.57462 16.07017 0.01797 0.058933 0.021312 0.137118 0.01089 0.043279
Jul-09 11.97282 14.30568 4.463401 10.09825 25.29912 15.40352 0.06071 0.108666 0.055363 0.104147 0.086495 0.086884 0.082619 0.228658627 0.090162 0.08475758 0.180931298 0.122927
Jun-09 11.28755 12.90351 4.229256 9.145749 23.28507 14.17218 0.005743 -0.01624 0.0097 -0.04001 -0.07857 0.006125
May-09 11.2231 13.1165 4.188627 9.52693 25.27062 14.08591 0.014827 0.126524 0.02305 0.023386 0.179601 0.026872
Apr-09 11.05913 11.64334 4.094255 9.309221 21.42302 13.71729 0.109442 0.1185 0.04059 0.339599 0.130893 0.148391 0.1498966 0.064071375 0.011667 0.09753583 0.144669877 0.131107
Mar-09 9.968189 10.40978 3.934551 6.94926 18.94346 11.94479 0.106936 0.049195 0.052754 0.023077 0.093202 0.090554
Feb-09 9.005208 9.921683 3.737388 6.79251 17.32842 10.95295 -0.06366 -0.09327 -0.07651 -0.19918 -0.07411 -0.09684
Jan-09 9.617497 10.94225 4.047037 8.481929 18.71546 12.12732 -0.06583 -0.10975 -0.06645 -0.16752 0.015988 -0.0719 -0.1141086 -0.12642669 -0.05946 -0.26546 -0.091818913 -0.11859
Dec-08 10.29519 12.29117 4.335082 10.18877 18.42095 13.06682 0.003696 0.047417 0.033049 0.137026 -0.03437 0.046926
Nov-08 10.25727 11.73475 4.196396 8.960888 19.07657 12.48112 -0.05518 -0.06316 -0.02475 -0.22398 -0.0743 -0.09288
Oct-08 10.85629 12.52585 4.302904 11.54727 20.60763 13.75901 -0.15989 -0.21162 -0.11919 -0.30649 -0.28554 -0.21759 -0.1884434 -0.36348413 -0.13125 -0.2932707 -0.456234017 -0.28786
Sep-08 12.92253 15.88806 4.885145 16.65036 28.84364 17.58539 -0.08213 -0.14311 -0.03965 -0.00567 -0.2105 -0.10759
Aug-08 14.0789 18.54156 5.086844 16.74534 36.5341 19.70551 0.052461 -0.05779 0.027027 0.024868 -0.03599 0.019917
Jul-08 13.37713 19.67877 4.95298 16.33903 37.89797 19.32069 0.034071 -0.05463 0.012968 0.029973 -0.15648 -0.02169 -0.0580641 -0.10056493 -0.06307 -0.0798577 -0.059196139 -0.04281
Jun-08 12.93637 20.81599 4.889571 15.86355 44.9285 19.74907 -0.09055 -0.07098 -0.07629 -0.1075 0.033394 -0.07072
May-08 14.22432 22.40645 5.293381 17.77424 43.47664 21.25204 0.00159 0.024106 0.001321 0.000967 0.079292 0.052878
Apr-08 14.20174 21.87904 5.286398 17.75706 40.28254 20.18471 0.01171 0.047337 0.035568 0.058342 0.108743 0.076685 0.0064004 0.053571355 0.013443 0.07876899 0.158693977 0.045506
Mar-08 14.03736 20.89016 5.10483 16.77819 36.33172 18.7471 0.016149 0.004756 0.006749 0.063691 -0.04222 -0.01035
Feb-08 13.81427 20.79127 5.070609 15.77356 37.93317 18.94314 -0.02106 0.00119 -0.02793 -0.04173 0.091116 -0.0188
Jan-08 14.11142 20.76655 5.216276 16.46049 34.76547 19.30617 -0.05487 -0.11174 -0.0359 -0.01894 -0.07881 -0.06208 -0.1041854 -0.17152699 -0.081 -0.1433726 -0.096819857 -0.11239
Dec-07 14.93061 23.37885 5.410499 16.77819 37.73959 20.58405 -0.03381 -0.01318 -0.01058 -0.04033 0.051945 -0.00381
Nov-07 15.453 23.69118 5.46837 17.48332 35.87599 20.66276 -0.01902 -0.05485 -0.03659 -0.09014 -0.06797 -0.05002
Oct-07 15.75261 25.06605 5.67603 19.21546 38.49229 21.75062 -0.00493 0.053208 0.003337 0.028596 0.062035 0.025649 0.0599068 0.094125033 0.051689 0.14148078 0.157610147 0.06208
Sep-07 15.83073 23.79972 5.657152 18.68125 36.24391 21.20669 0.03767 0.051807 0.022134 0.04748 0.108527 0.026324
Aug-07 15.25603 22.62747 5.534646 17.83447 32.69555 20.66276 0.026495 -0.01232 0.025493 0.059444 -0.01672 0.00896
Jul-07 14.86226 22.90968 5.397061 16.8338 33.25151 20.47926 -0.01313 -0.02012 -0.03034 -0.07617 -0.00489 -0.04346 -0.0258612 0.013444319 -0.02712 -0.1729109 0.074788526 -0.01822
Jun-07 15.05993 23.38003 5.565915 18.22182 33.41504 21.40984 -0.0305 0.006542 -0.0165 -0.099 0.006898 -0.02244
May-07 15.53371 23.22807 5.659305 20.22405 33.18611 21.90134 0.018149 0.027529 0.020157 -0.00634 0.072674 0.049953
Apr-07 15.25682 22.60576 5.547486 20.35307 30.93773 20.85936 0.035897 0.055405 0.03237 0.001587 0.067419 0.029764 0.013232 0.083969456 0.037793 -0.0514844 0.149802512 0.050495
Mar-07 14.72812 21.41903 5.373544 20.32081 28.98368 20.25645 -0.00472 0.037868 0.011111 -0.03189 0.059791 0.01311
Feb-07 14.79794 20.63752 5.314493 20.99011 27.34849 19.99431 -0.01724 -0.01041 -0.00579 -0.0218 0.016408 0.006931
Jan-07 15.05758 20.85461 5.345463 21.45781 26.90699 19.85669 0.008511 0.015504 0.004657 0.091021 -0.01112 0.035897 0.0258392 0.08769325 0.038427 0.11933882 0.040213321 0.065034
Dec-06 14.9305 20.53622 5.320687 19.66764 27.2095 19.16859 0.017491 0.0324 0.015421 -0.01599 -0.02839 -0.00486
Nov-06 14.67383 19.89173 5.239885 19.98729 28.00456 19.26212 -0.0003 0.037473 0.017917 0.04263 0.082645 0.033144
Oct-06 14.6783 19.17324 5.147655 19.17007 25.8668 18.64418 0.045536 0.052197 0.028802 0.06945 0.06877 0.03968 0.1367475 0.08815542 0.07269 0.12239425 -0.025596749 0.05772
Sep-06 14.03901 18.22211 5.003543 17.92517 24.20241 17.93262 0.045203 0.006425 0.020709 0.020441 -0.06324 0.006305
Aug-06 13.43186 18.10578 4.902027 17.5661 25.83626 17.82027 0.040218 0.027573 0.021505 0.028482 -0.02675 0.010977
Jul-06 12.91254 17.61995 4.798826 17.07963 26.5463 17.62677 -0.04011 0.01378 0.02448 0.037875 0.002884 -0.02889 -0.0778514 -0.02239949 0.020064 0.06389277 -0.032015542 -0.07319
Jun-06 13.45217 17.38046 4.684159 16.45634 26.46995 18.15108 -0.00924 0.000394 0.005451 0.055011 0.008142 0
May-06 13.57764 17.37361 4.658763 15.59825 26.25618 18.15108 -0.03035 -0.03607 -0.00971 -0.02838 -0.04259 -0.04562
Apr-06 14.00267 18.02367 4.704437 16.0539 27.42431 19.01869 -0.0074 0.062097 0.016029 -0.03734 0.062093 0.013639 0.0062021 0.130472203 0.0386 0.03172275 0.002791689 0.030088
Mar-06 14.10711 16.96989 4.630217 16.67661 25.82099 18.76278 0.000823 0.045091 0.010815 0.050215 0.051617 0.02454
Feb-06 14.09551 16.23772 4.580678 15.87924 24.55361 18.31337 0.012873 0.018455 0.011278 0.020498 -0.10218 -0.00811
Jan-06 13.91636 15.94349 4.529593 15.56028 27.34796 18.46317 -0.00374 0.078704 0.02046 0.071653 0.147709 0.058697 0.0226767 0.162188361 0.045865 0.129397 0.214231465 0.116906
Dec-05 13.96858 14.78023 4.438774 14.51989 23.8283 17.43952 -0.01461 0.053249 0.00357 0.004915 0.03131 0.00614
Nov-05 14.17562 14.03299 4.422986 14.44888 23.1049 17.3331 0.041729 0.022924 0.02125 0.048729 0.025842 0.048544
Oct-05 13.60778 13.71851 4.330953 13.77751 22.52285 16.53064 -0.01351 -0.03385 -0.01599 -0.01871 -0.07476 -0.02181 -0.0126135 0.018053872 -0.02522 -0.0522452 0.048353897 -0.02558
Sep-05 13.79412 14.19913 4.401331 14.04022 24.34266 16.89918 0.022171 0.017865 0.00153 0.003918 0.064776 0.007441
Aug-05 13.49493 13.94992 4.394606 13.98542 22.86177 16.77435 -0.0208 0.035227 -0.0109 -0.03794 0.064129 -0.01121
Jul-05 13.78161 13.47523 4.443017 14.537 21.48402 16.96457
AM 0.0211273 0.021772836 0.017684 0.02199825 0.015932795 0.024935
10000 1.311878
23118.78
1
FRED Graph Observations
Federal Reserve Economic Data
Link: https://research.stlouisfed.org/fred2
Help: https://research.stlouisfed.org/fred2/help-faq
Economic Research Division
Federal Reserve Bank of St. Louis
DGS3MO 3-Month Treasury Constant Maturity Rate, Percent, Monthly, Not Seasonally Adjusted
Frequency: Monthly
observation_date DGS3MO Converted to percentage Converted to quarterly
2015-07-01 0.03 0.0003 0.000075 =C12/4
2015-06-01 0.02 0.0002
2015-05-01 0.02 0.0002
2015-04-01 0.02 0.0002 0.00005 =C15/4
2015-03-01 0.03 0.0003
2015-02-01 0.02 0.0002
2015-01-01 0.03 0.0003 0.000075
2014-12-01 0.03 0.0003
2014-11-01 0.02 0.0002
2014-10-01 0.02 0.0002 0.00005
2014-09-01 0.02 0.0002
2014-08-01 0.03 0.0003
2014-07-01 0.03 0.0003 0.000075
2014-06-01 0.04 0.0004
2014-05-01 0.03 0.0003
2014-04-01 0.03 0.0003 0.000075
2014-03-01 0.05 0.0005
2014-02-01 0.05 0.0005
2014-01-01 0.04 0.0004 0.0001
2013-12-01 0.07 0.0007
2013-11-01 0.07 0.0007
2013-10-01 0.05 0.0005 0.000125
2013-09-01 0.02 0.0002
2013-08-01 0.04 0.0004
2013-07-01 0.04 0.0004 0.0001
2013-06-01 0.05 0.0005
2013-05-01 0.04 0.0004
2013-04-01 0.06 0.0006 0.00015
2013-03-01 0.09 0.0009
2013-02-01 0.10 0.001
2013-01-01 0.07 0.0007 0.000175
2012-12-01 0.07 0.0007
2012-11-01 0.09 0.0009
2012-10-01 0.10 0.001 0.00025
2012-09-01 0.11 0.0011
2012-08-01 0.10 0.001
2012-07-01 0.10 0.001 0.00025
2012-06-01 0.09 0.0009
2012-05-01 0.09 0.0009
2012-04-01 0.08 0.0008 0.0002
2012-03-01 0.08 0.0008
2012-02-01 0.09 0.0009
2012-01-01 0.03 0.0003 0.000075
2011-12-01 0.01 0.0001
2011-11-01 0.01 0.0001
2011-10-01 0.02 0.0002 0.00005
2011-09-01 0.01 0.0001
2011-08-01 0.02 0.0002
2011-07-01 0.04 0.0004 0.0001
2011-06-01 0.04 0.0004
2011-05-01 0.04 0.0004
2011-04-01 0.06 0.0006 0.00015
2011-03-01 0.10 0.001
2011-02-01 0.13 0.0013
2011-01-01 0.15 0.0015 0.000375
2010-12-01 0.14 0.0014
2010-11-01 0.14 0.0014
2010-10-01 0.13 0.0013 0.000325
2010-09-01 0.15 0.0015
2010-08-01 0.16 0.0016
2010-07-01 0.16 0.0016 0.0004
2010-06-01 0.12 0.0012
2010-05-01 0.16 0.0016
2010-04-01 0.16 0.0016 0.0004
2010-03-01 0.15 0.0015
2010-02-01 0.11 0.0011
2010-01-01 0.06 0.0006 0.00015
2009-12-01 0.05 0.0005
2009-11-01 0.05 0.0005
2009-10-01 0.07 0.0007 0.000175
2009-09-01 0.12 0.0012
2009-08-01 0.17 0.0017
2009-07-01 0.18 0.0018 0.00045
2009-06-01 0.18 0.0018
2009-05-01 0.18 0.0018
2009-04-01 0.16 0.0016 0.0004
2009-03-01 0.22 0.0022
2009-02-01 0.30 0.003
2009-01-01 0.13 0.0013 0.000325
2008-12-01 0.03 0.0003
2008-11-01 0.19 0.0019
2008-10-01 0.69 0.0069 0.001725
2008-09-01 1.15 0.0115
2008-08-01 1.75 0.0175
2008-07-01 1.66 0.0166 0.00415
2008-06-01 1.89 0.0189
2008-05-01 1.76 0.0176
2008-04-01 1.31 0.0131 0.003275
2008-03-01 1.28 0.0128
2008-02-01 2.17 0.0217
2008-01-01 2.82 0.0282 0.00705
2007-12-01 3.07 0.0307
2007-11-01 3.35 0.0335
2007-10-01 4.00 0.04 0.01
2007-09-01 3.99 0.0399
2007-08-01 4.32 0.0432
2007-07-01 4.96 0.0496 0.0124
2007-06-01 4.74 0.0474
2007-05-01 4.87 0.0487
2007-04-01 5.01 0.0501 0.012525
2007-03-01 5.08 0.0508
2007-02-01 5.16 0.0516
2007-01-01 5.11 0.0511 0.012775
2006-12-01 4.97 0.0497
2006-11-01 5.07 0.0507
2006-10-01 5.05 0.0505 0.012625
2006-09-01 4.93 0.0493
2006-08-01 5.09 0.0509
2006-07-01 5.08 0.0508 0.0127
2006-06-01 4.92 0.0492
2006-05-01 4.84 0.0484
2006-04-01 4.72 0.0472 0.0118
2006-03-01 4.63 0.0463
2006-02-01 4.54 0.0454
2006-01-01 4.34 0.0434 0.01085
2005-12-01 3.97 0.0397
2005-11-01 3.97 0.0397
2005-10-01 3.79 0.0379 0.009475
2005-09-01 3.49 0.0349
2005-08-01 3.52 0.0352
2005-07-01 3.29 0.0329
0
0
0
1-Jul-15 17,757.91 0.007855 -0.004631-Jun-15 17,619.51 -0.021721-May-15 18,010.68 0.0095381-Apr-15 17,840.52 0.003623 0.0393582-Mar-15 17,776.12 -0.019672-Feb-15 18,132.70 0.0563792-Jan-15 17,164.95 -0.03693 -0.012971-Dec-14 17,823.07 -0.000293-Nov-14 17,828.24 0.025171-Oct-14 17,390.52 0.020397 0.0499432-Sep-14 17,042.90 -0.003251-Aug-14 17,098.45 0.0323091-Jul-14 16,563.30 -0.01565 -0.00106
2-Jun-14 16,826.60 0.0065461-May-14 16,717.17 0.0082221-Apr-14 16,580.84 0.007485 0.0561823-Mar-14 16,457.66 0.0083293-Feb-14 16,321.71 0.0396762-Jan-14 15,698.85 -0.05295 0.0098482-Dec-13 16,576.66 0.0304761-Nov-13 16,086.41 0.0347791-Oct-13 15,545.75 0.027501 0.0029813-Sep-13 15,129.67 0.0215631-Aug-13 14,810.31 -0.044471-Jul-13 15,499.54 0.039568 0.044457
3-Jun-13 14,909.60 -0.013631-May-13 15,115.57 0.0185831-Apr-13 14,839.80 0.017921 0.0706481-Mar-13 14,578.54 0.0372871-Feb-13 14,054.49 0.013992-Jan-13 13,860.58 0.057725 0.0583463-Dec-12 13,104.14 0.0060311-Nov-12 13,025.58 -0.005411-Oct-12 13,096.46 -0.02535 0.0067484-Sep-12 13,437.13 0.0264531-Aug-12 13,090.84 0.0063162-Jul-12 13,008.68 0.009984 -0.01551
1-Jun-12 12,880.09 0.0392661-May-12 12,393.45 -0.062072-Apr-12 13,213.63 0.00012 0.0459691-Mar-12 13,212.04 0.0200721-Feb-12 12,952.07 0.0252643-Jan-12 12,632.91 0.033996 0.0567041-Dec-11 12,217.56 0.0142691-Nov-11 12,045.68 0.0075843-Oct-11 11,955.01 0.095445 -0.01551-Sep-11 10,913.38 -0.060291-Aug-11 11,613.53 -0.043621-Jul-11 12,143.24 -0.02184 -0.05209
1-Jun-11 12,414.34 -0.012372-May-11 12,569.79 -0.018791-Apr-11 12,810.54 0.039839 0.0772471-Mar-11 12,319.73 0.0076381-Feb-11 12,226.34 0.0281213-Jan-11 11,891.93 0.027158 0.0695631-Dec-10 11,577.51 0.0519251-Nov-10 11,006.02 -0.010121-Oct-10 11,118.49 0.03063 0.062351-Sep-10 10,788.05 0.0772192-Aug-10 10,014.72 -0.043111-Jul-10 10,465.94 0.070792 -0.0493
1-Jun-10 9,774.02 -0.035773-May-10 10,136.63 -0.079211-Apr-10 11,008.61 0.013999 0.0934981-Mar-10 10,856.63 0.0514631-Feb-10 10,325.26 0.025624-Jan-10 10,067.33 -0.03459 0.0365091-Dec-09 10,428.05 0.0080442-Nov-09 10,344.84 0.0650811-Oct-09 9,712.73 4.63E-05 0.0589991-Sep-09 9,712.28 0.0227463-Aug-09 9,496.28 0.0353991-Jul-09 9,171.61 0.085783 0.122854
1-Jun-09 8,447.00 -0.006271-May-09 8,500.33 0.0406721-Apr-09 8,168.12 0.073493 0.0209052-Mar-09 7,608.92 0.0773042-Feb-09 7,062.93 -0.117232-Jan-09 8,000.86 -0.08837 -0.1421-Dec-08 8,776.39 -0.005963-Nov-08 8,829.04 -0.053191-Oct-08 9,325.01 -0.1406 -0.180442-Sep-08 10,850.66 -0.060061-Aug-08 11,543.96 0.0145841-Jul-08 11,378.02 0.002468 -0.11249
2-Jun-08 11,350.01 -0.101941-May-08 12,638.32 -0.014181-Apr-08 12,820.13 0.045441 0.013423-Mar-08 12,262.89 -0.000291-Feb-08 12,266.39 -0.030352-Jan-08 12,650.36 -0.04632 -0.091863-Dec-07 13,264.82 -0.007991-Nov-07 13,371.72 -0.040081-Oct-07 13,930.01 0.002474 0.0543464-Sep-07 13,895.63 0.0402681-Aug-07 13,357.74 0.0110322-Jul-07 13,211.99 -0.01466 0.011412
1-Jun-07 13,408.62 -0.016071-May-07 13,627.64 0.0432322-Apr-07 13,062.91 0.057353 0.0349571-Mar-07 12,354.35 0.0069871-Feb-07 12,268.63 -0.027973-Jan-07 12,621.69 0.012721 0.0447791-Dec-06 12,463.15 0.0197371-Nov-06 12,221.93 0.0116882-Oct-06 12,080.73 0.034391 0.0800171-Sep-06 11,679.07 0.0261771-Aug-06 11,381.15 0.0174753-Jul-06 11,185.68 0.00318 -0.01596
1-Jun-06 11,150.22 -0.001621-May-06 11,168.31 -0.017493-Apr-06 11,367.14 0.023208 0.046231-Mar-06 11,109.32 0.0105441-Feb-06 10,993.41 0.0118323-Jan-06 10,864.86 0.013749 0.0406881-Dec-05 10,717.50 -0.008181-Nov-05 10,805.87 0.0350383-Oct-05 10,440.07 -0.01217 -0.018871-Sep-05 10,568.70 0.008311-Aug-05 10,481.60 -0.014971-Jul-05 10,640.91
Date Adj Close Returns Quarterly
7/1/2015 2077.42 0.006936 -0.003879189
6/1/2015 2063.11 -0.02101
5/1/2015 2107.39 0.010491
4/1/2015 2085.51 0.008521 0.045373671
3/2/2015 2067.89 -0.0174
2/2/2015 2104.5 0.054893
1/2/2015 1994.99 -0.03104 -0.011426901
12/1/2014 2058.9 -0.00419
11/3/2014 2067.56 0.024534
10/1/2014 2018.05 0.023201 0.045258901
9/2/2014 1972.29 -0.01551
8/1/2014 2003.37 0.037655
7/1/2014 1930.67 -0.01508 0.02479901
6/2/2014 1960.23 0.019058
5/1/2014 1923.57 0.02103
4/1/2014 1883.95 0.006201 0.056861077
3/3/2014 1872.34 0.006932
2/3/2014 1859.45 0.043117
1/2/2014 1782.59 -0.03558 0.014830249
12/2/2013 1848.36 0.023563
11/1/2013 1805.81 0.028049
10/1/2013 1756.54 0.044596 0.042005576
9/3/2013 1681.55 0.02975
8/1/2013 1632.97 -0.0313
7/1/2013 1685.73 0.049462 0.055183834
6/3/2013 1606.28 -0.015
5/1/2013 1630.74 0.020763
4/1/2013 1597.57 0.018086 0.066390293
3/1/2013 1569.19 0.035988
2/1/2013 1514.68 0.011061
1/2/2013 1498.11 0.050428 0.060864172
12/3/2012 1426.19 0.007068
11/1/2012 1416.18 0.002847
10/1/2012 1412.16 -0.01979 0.023808898
9/4/2012 1440.67 0.024236
8/1/2012 1406.58 0.019763
7/2/2012 1379.32 0.012598 -0.013298487
6/1/2012 1362.16 0.039555
5/1/2012 1310.33 -0.06265
4/2/2012 1397.91 -0.0075 0.065147323
3/1/2012 1408.47 0.031332
2/1/2012 1365.68 0.040589
1/3/2012 1312.41 0.043583 0.047163475
12/1/2011 1257.6 0.008533
11/1/2011 1246.96 -0.00506
10/3/2011 1253.3 0.107723 -0.030163725
9/1/2011 1131.42 -0.07176
8/1/2011 1218.89 -0.05679
7/1/2011 1292.28 -0.02147 -0.052309646
6/1/2011 1320.64 -0.01826
5/2/2011 1345.2 -0.0135
4/1/2011 1363.61 0.028495 0.06025098
3/1/2011 1325.83 -0.00105
2/1/2011 1327.22 0.031957
1/3/2011 1286.12 0.022646 0.086929317
12/1/2010 1257.64 0.0653
11/1/2010 1180.55 -0.00229
10/1/2010 1183.26 0.036856 0.074128573
9/1/2010 1141.2 0.087551
8/2/2010 1049.33 -0.04745
7/1/2010 1101.6 0.068778 -0.07170362
6/1/2010 1030.71 -0.05388
5/3/2010 1089.41 -0.08198
4/1/2010 1186.69 0.014759 0.105059222
3/1/2010 1169.43 0.058796
2/1/2010 1104.49 0.028514
1/4/2010 1073.87 -0.03697 0.036364041
12/1/2009 1115.1 0.017771
11/2/2009 1095.63 0.057364
10/1/2009 1036.19 -0.01976 0.049327543
9/1/2009 1057.08 0.035723
8/3/2009 1020.62 0.03356
7/1/2009 987.48 0.074142 0.131380234
6/1/2009 919.32 0.000196
5/1/2009 919.14 0.053081
4/1/2009 872.81 0.093925 0.056824227
3/2/2009 797.87 0.085404
2/2/2009 735.09 -0.10993
1/2/2009 825.88 -0.08566 -0.147478705
12/1/2008 903.25 0.007822
11/3/2008 896.24 -0.07485
10/1/2008 968.75 -0.16942 -0.235627834
9/2/2008 1166.36 -0.09079
8/1/2008 1282.83 0.01219
7/1/2008 1267.38 -0.00986 -0.085313811
6/2/2008 1280 -0.08596
5/1/2008 1400.38 0.010674
4/1/2008 1385.59 0.047547 0.005106755
3/3/2008 1322.7 -0.00596
2/1/2008 1330.63 -0.03476
1/2/2008 1378.55 -0.06116 -0.110256977
12/3/2007 1468.36 -0.00863
11/1/2007 1481.14 -0.04404
10/1/2007 1549.38 0.014822 0.064668401
9/4/2007 1526.75 0.035794
8/1/2007 1473.99 0.012864
7/2/2007 1455.27 -0.03198 -0.018281519
6/1/2007 1503.35 -0.01782
5/1/2007 1530.62 0.032549
4/2/2007 1482.37 0.043291 0.030683339
3/1/2007 1420.86 0.00998
2/1/2007 1406.82 -0.02185
1/3/2007 1438.24 0.014059 0.043761014
12/1/2006 1418.3 0.012616
11/1/2006 1400.63 0.016467
10/2/2006 1377.94 0.031508 0.079331932
9/1/2006 1335.85 0.024566
8/1/2006 1303.82 0.021274
7/3/2006 1276.66 0.005086 -0.025903931
6/1/2006 1270.2 8.66E-05
5/1/2006 1270.09 -0.03092
4/3/2006 1310.61 0.012156 0.023850095
3/1/2006 1294.87 0.011096
2/1/2006 1280.66 0.000453
1/3/2006 1280.08 0.025467 0.060537978
12/1/2005 1248.29 -0.00095
11/1/2005 1249.48 0.035186
10/3/2005 1207.01 -0.01774 -0.022014652
9/1/2005 1228.81 0.006949
8/1/2005 1220.33 -0.01122
7/1/2005 1234.18
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