Question 1

  

Question 1: (25 points)

Write a maximum one-page response with your excel documentation as support (appendices). 

o As an individual, use the 5 years’ worth of data on multiple stocks (NASDAQ, NYSE, and TSE) provided in the excel files to choose either 3 or 4 different stocks for investment.  

§ How did you choose your stocks?

§ What is the weight of each stock? 

§ Why did you choose that weight? 

§ What is your expected return on your portfolio and your standard deviation?

o Share your results with your group.

o With your group, use the 5 years’ worth of data on multiple stocks (NASDAQ, NYSE, and TSE) provided in the excel files to choose either 3 or 4 different stocks in which to invest and determine/develop a group porfolio. 

§ Why your group chose those particular stocks. 

§ How did your group take into account Risk? Return? Correlation between stocks?

o As an individual decide which portfolio you prefer as an investment: your initial portfolio or the group portfolio and why.

  

Sheet1

0.00465

January

February

March

April

May

0.01085

0.09966

June

July

August

0.00249

0.04613

September

-0.04099

October

November

-0.04785

0.01727

December

January

February

0.00840

-0.05578

March

April

May

0.00912

June

July

August

-0.02149

0.04112 0.07847

0.06177

September

October

0.00000

November

December

January

0.02001

February

March

0.03410

April

May

0.03913

June

0.00838 -0.09655

July

August -0.03769

September

October

November

-0.03581

December

0.06142

0.00875

January

February

March

0.04722

0.04093

April 0.03984

0.06633

0.02151

May

-0.02326

June

0.03775

July

-0.03535

August

September

October

November

-0.02215

December

ADBE AMZN AAPL BBBY CSCO CMCSA COST DLTR EXPE GRMN INTC MSFT NFLX ORCL SNDK SIRI SPLS SBUX

0.01572

0.00422 0.00668

0.00313 0.00163

0.04477

																																																										Year	Month		ADBE		AMZN		AAPL		BBBY		CSCO		CMCSA		COST		DLTR		EXPE		GRMN		INTC		MSFT		NFLX		ORCL		SNDK		SIRI		SPLS		SBUX
2011					January	0.04387	0.02152		0.04093		0.00313	-0.12246	0.13231	0.04392	-0.00514	-0.21065	0.10120	0.00894		-0.03581	-0.03461	0.02716	0.09323	0.11728	-0.04527	0.05018
				February	-0.03884	0.03947	-0.01331		0.00249	-0.07273	-0.04037	-0.01966	0.10334	0.14470	-0.00265	-0.06008	–	0.04477	0.15053	0.01611	-0.07077	-0.08840	-0.08365	0.12038
				March	0.01176	0.08705		0.00465	0.16283	0.02157	0.06505	0.10325	0.03566	0.10415	0.01093	0.14718	0.02087		-0.02149	0.07761	0.07030	0.20606	0.08857	-0.02030
				April	0.03219	0.00449	-0.00657	-0.03991	-0.04110	-0.03701	0.02264	0.10852	0.12238	-0.00438	–	0.02001	-0.02878	0.16388	-0.04839	-0.03669	0.18090	-0.20435	0.01993
				May	-0.09183	0.03966	-0.03496	0.08313	-0.07083	0.00396	-0.01503	0.04518	0.03499	-0.00713	-0.01555	0.03958	-0.02995	-0.03828	-0.12668	-0.06809	-0.05453	0.07339
				June	-0.11892	0.08817	0.16329	0.00206	0.02695		-0.04785	-0.03680	-0.00585	0.09314	-0.01211	0.00767	0.05385	0.01256	-0.06915	0.02482	-0.03653	0.01646	0.01519
				July	-0.08914	-0.03276	-0.01447	-0.02787	-0.01879	-0.10450	0.00689	0.07851	–	0.04112	0.02758	-0.08972	-0.02307	-0.11647	-0.08208	-0.13826	-0.14692	-0.08219	-0.03324
				August	-0.04239	–	0.00912	0.00791	–	0.01085	-0.02743	0.04571	0.05194	-0.15045		-0.04099	0.06011	-0.06429	-0.51802	0.02387	0.10123	-0.16111	-0.09126	-0.03444
				September	0.21680	-0.01258	0.06152	0.07904	0.20022	0.12702	0.01364	0.06415	0.01981	0.08247	0.14995	0.06991	-0.27536	0.14250	0.25545	0.18543	0.12481	0.13596
				October	-0.06766	-0.09939		-0.05578	–	0.02151	0.00594	-0.03326	0.02755	0.01913	0.06204	0.06397	0.02409	-0.03220	-0.21382	-0.04333	-0.02684	0.00559	-0.03676	0.03045
				November	0.03100	-0.09980	0.05965	-0.04198	-0.03004	0.05086	-0.02321	0.01988	-0.29049	0.09959	-0.02650	0.01486	0.07376	-0.18182	-0.00203	0.01111	-0.02927	0.05819
				December	0.09480	0.12328	0.12711	0.04709	0.09045	0.12105	-0.01260	0.02033	0.11544	0.04748	0.08948	0.13752	0.73474	0.10226	-0.06767	0.14286	0.05328	0.04151
2012	0.06268	-0.07586	0.18831	-0.01582	0.01170	0.10647	0.04905	0.04375	0.05190	0.13165	0.02554	0.08192	-0.07879	0.03687		0.07847	0.08654	0.00205	0.01693
0.04317	0.12700	0.10528	0.10094	0.06388	0.02040	0.05508	0.06756	-0.01522	0.00401		0.04613	0.01638	0.03892	-0.00308	0.00222	0.02212	0.11166	0.15095
	-0.02215	0.14513	-0.02597	0.07024	-0.04320	0.01685	-0.02885	0.07588	0.27542	0.00319	0.00996	-0.00744	-0.30337	0.01028	-0.25388	-0.02164	-0.04880	0.02648
-0.07452	-0.08189	-0.01070	0.02642	-0.18998	-0.04745	-0.01706	0.01495	0.07811	-0.08848	-0.08355	-0.08240	-0.20839	–	0.09966	-0.11622	-0.16372	-0.14675	-0.04029
0.04251	0.07252	-0.14464	0.05144	0.11168	0.04284	0.04750	-0.09844	0.03135	0.04796	0.07960	0.12202	0.11560	-0.02116		0.00163	-0.02860
-0.04603	0.02168	0.04582	-0.01375	-0.06671	0.01814	0.01242	-0.06431	0.18556	0.00836	-0.03565	-0.03661	-0.16995	0.01894	0.12747	0.16757	-0.02375	-0.15079
0.01263	0.06417	0.09388	0.10205	0.19624	0.03011	0.02050	-0.04311		-0.09655	0.04507	-0.02539	0.05274	0.05048	0.04801	0.00219	0.17130	-0.14286	0.09989
0.03742	0.02437	0.00280	-0.06208	0.00105	0.06591	0.02340	0.12617	-0.08739	-0.03439	-0.08841	-0.00600	0.05361	0.02372	0.06487	0.02217
0.04901	-0.08426	-0.10760	-0.08444	-0.09544	0.05489	–	0.01727	-0.17436	0.02265	-0.08960	-0.04545	0.45555	-0.01014	-0.03799	0.08108		0.00000	-0.09485
0.01704	0.08227	-0.01237	0.01803	0.11078	-0.00879	0.05882	0.04690	0.04820	0.02342	-0.08591	-0.05961	0.03117	0.03539	-0.06415	-0.01071	0.01562	0.13477
0.08870	-0.00468	-0.09074		0.03913		0.00875	-0.02827	-0.00679	0.05907	0.05365	0.00338	0.13315	0.04122	0.11253	0.06250	-0.01637	0.03393
0.00398	0.05832	-0.14409	0.04990	0.04682	0.01927	0.03656	-0.01405	0.06201	-0.07018	0.02037	0.02771	0.78464	0.06573	0.14920	0.08651	0.18333	0.04643
2013	0.03912	-0.00463	-0.02529	-0.03322	0.01410	0.04491	-0.00762	0.13003	-0.02069	-0.09316	0.00306	0.02114	0.13822	-0.03576		0.00840	-0.00955	-0.02372	-0.01896
0.10710	0.00285	0.13515	0.00192	0.05504	0.04759	0.07170	-0.05884	-0.02585	0.04598	0.02914	0.00638	0.09026	-0.00965	0.02814	0.03829
0.03585	-0.04758	0.00027	0.06799	0.00905	-0.01161	0.02186	-0.01796	-0.06964		0.06142	0.09661	0.15694	0.14154	0.01392	-0.04585	0.05519	-0.01416	0.06831
-0.04814	0.06064	0.02242	-0.00799	0.15296	-0.02736	0.01389	0.01009	0.03218	-0.00428	0.02333		0.06177	0.04711	0.03051	0.12548	0.07385	0.13454	0.04130
0.06176	0.03154	-0.11829	0.03956	0.03933	0.00857	0.05828	0.04591	0.04914	-0.00206	-0.01032	-0.06701	-0.09088	0.03524	-0.04011	0.06537	0.03754
	0.03775	0.08473	0.14122	0.07780	0.05875	0.08483	0.06195	0.05527	-0.21646	0.10810	-0.03673	-0.07817	0.15818	0.05743	-0.09787	0.11642	0.07246	0.08823
-0.03236	-0.06719	0.08377	-0.03570	-0.08910	–	0.06633	-0.04479	-0.01771	-0.00479	0.01722	-0.04905	0.05639	0.16128	-0.01515	0.00505	-0.04278	-0.18273	-0.00798
0.13530	0.11268	0.04909	0.00515	0.07668	0.02950	0.08463	0.10800	0.12007	0.04277	-0.00359	0.08911	0.08380	0.09146
0.04390	0.16437	0.09638	-0.00052	-0.03009	0.05496	0.02457	0.02169	0.13820	0.03452	0.06763	0.06400	0.04292	0.01361	0.17164	-0.02835	0.10102	0.05301
	0.04722	0.08128	0.07005	0.00918	-0.05807	0.04769	0.06566	-0.04709	0.08270	0.03872	-0.01663	0.08498	0.13433	0.05343	-0.01942	-0.03720	0.00830
0.05460	0.01313	0.00890	0.02909	0.05553	0.04605	-0.05110	0.01384	0.09374	–	0.03984	0.08893	-0.01888	0.00648	0.08416	0.03507	-0.07427	0.03095		-0.03769
-0.01152	-0.10055	-0.10770	-0.20486	–	0.01572	0.04772	-0.05596	-0.10457	-0.06718	-0.02468	-0.05470	0.01149	0.11180	-0.03248	-0.01081	0.02579	-0.17181	-0.09274
2014	0.15949	0.00951	0.05751	0.06218	-0.00502	-0.05069	0.04233	0.08413	0.20853	0.19112	0.01859	0.08868	0.05989	0.06830		0.00838	0.03267	0.00153
-0.04211	-0.07106	0.01995	0.01445	0.02844	-0.02751	-0.04384	-0.04729	-0.07495	0.03846	0.04241	0.06996	-0.21004	0.04602	0.09273	-0.11357	-0.15686		0.03410
-0.06161	-0.09585	0.09940	-0.09695	0.03959	0.03437	0.03582	-0.00211	-0.02083	0.03330	-0.01439	-0.08519	0.00225	0.04656	-0.00313	0.10229	-0.03761
0.04620	0.02769	0.07871	-0.02060	0.06534	0.00850	0.00601	0.01844	0.03465	0.03170	0.03240	0.02052	0.29745	0.02789	0.14024	0.02821	-0.10000	0.04092
0.12117	0.02766	-0.05703	0.00934	0.03264	-0.00741	0.02697	0.07449	0.04210	0.13104	0.01856	0.05450	-0.03546	0.08072	0.05488	-0.02588	0.05653
-0.04298	-0.03630	0.02873	0.10300	0.02304	0.00093	0.02376	0.00018	0.09676	0.03501	-0.04058	-0.00055	-0.11897	-0.02312	0.06919	0.00388
0.03827	0.08323	0.07751	0.01533	-0.00951	0.01843	0.03012	-0.01542	0.08383	-0.01254	0.03725	0.05917	0.12992	0.02822	0.06815	0.07396	0.00777	0.00504
-0.04896	-0.01707	0.02443	0.01488	-0.01308	0.03502	0.04550	0.02002	-0.03445	-0.00286	0.02047	-0.05540	-0.07826	-0.00010	-0.03857	0.04576	-0.03020
0.01344	-0.05266	0.07196	0.02294	-0.02781	0.02919	0.06424	0.08026	-0.03024	0.06713		-0.02326	0.01273	-0.12946	0.02327	-0.03571	-0.01719	0.04793	0.00133
0.05077	0.10862	0.10598	0.08955	0.12955	0.03053	0.06837	0.12861	0.02731	0.03280	0.10245	0.02474	-0.11758	0.08604	0.09900	0.05831	0.10883	0.07921
-0.01330	-0.08354	-0.07189	0.03816	0.00651	0.01701	-0.00260	0.02955	-0.02009	-0.06988	-0.02577	-0.02845	-0.01437	0.06036	-0.05297	0.29766	0.01034
	-0.03535	0.14236	-0.01838	-0.04560	-0.08017	0.01023		0.00668	-0.00890	-0.08956	-0.13025	0.29329	-0.06596	-0.22525	0.01429	-0.05905	0.06679
2015	0.12791	0.07229	0.10078	-0.00147	0.11907	0.11722	0.06436	0.12068	0.06773	-0.05214	0.01357	0.09312	0.07494	0.04607	0.05697	0.09577	-0.01642	0.07199
-0.06523	-0.02120	-0.03137	0.02840	-0.05996	-0.04474	0.03089	0.01845	0.02796	-0.04251	-0.05955	-0.07275	-0.12259	-0.01529	-0.20405	-0.01799	-0.02168	0.01294
0.02867	0.13351	0.00579	-0.08231	0.02284	-0.05319	-0.05841	0.00106	-0.04903	0.19626	0.33553	0.01444	0.05686	0.03403	0.00184	0.04710
0.01766	0.04534	0.01221	0.01665	0.01212	-0.00322	-0.01858	0.14009	0.00642	-0.03033	0.12140	-0.00298	-0.02278	0.00919	0.05134
0.02428	0.01132	-0.03723	-0.03281	-0.06312	0.03295	-0.05281	0.05334	0.01949	-0.11724	-0.05783	0.05269	-0.07335	-0.14858	-0.03368	-0.06367	0.03195
0.01210	0.23511	-0.03293	-0.05436	0.04294	0.07582	-0.01215	0.11056	-0.04598	-0.04832	0.05776	0.21803	-0.00524	0.04072	0.06166	-0.03919	0.08038
-0.04171	-0.04338	-0.06620	-0.04783	-0.08937	-0.09742	-0.03348	-0.02268	-0.05101	-0.10260	-0.00597	-0.06195	0.00630	-0.07136	-0.09504	-0.03399	-0.05298
0.04646	-0.00195	-0.02182	-0.08195	0.01430	0.00976	0.03227	-0.12589	0.02339	-0.03243	0.05606	0.01700	-0.10232	-0.02615	–	0.00422	-0.02094	-0.16668	0.03893
0.07833	0.22272	0.08341	0.04577	0.10791	0.10562	0.09373	-0.01755	0.15823	-0.01143	0.12342	0.18934	0.04958	0.07958	0.41726	0.09091	0.10742	0.10081
0.03158	0.06215	-0.00580	-0.08570	-0.05546	-0.02811	0.02351	0.15224	-0.09500	0.06710	0.03411	0.03944	0.13794	0.00335	-0.04065	0.00735	-0.07082	-0.01568
0.02712	0.01668	-0.11023	-0.11500	-0.00330	-0.07279	0.00050	0.02332	0.00967	-0.00429	-0.00920	0.02079	-0.07257	-0.06261	0.02870	-0.00973	-0.20529
-0.05120	-0.13152	-0.07524	-0.10528	-0.11725	-0.00837	-0.06427	0.05310	-0.18713	-0.05354	-0.09956	-0.00703	-0.19706	-0.00192	-0.06961	-0.09091	-0.05808	0.01233
NASDAQ
Average Return	0.01868	0.02408	0.01543	0.00063	0.00677	0.01808	0.01591	0.02148	0.02315	0.00754	0.01094	0.03890	0.00481	0.01406	0.01746	-0.00777	0.02553
Variance	0.00523	0.00478	0.00544	0.00369	0.01075	0.00386	0.00400	0.00397	0.00353	0.01261	0.00682	0.00942	0.00325

Sheet1

X

V

0.03562

0.03623

0.05254

0.01329

January

February

-0.01109

March

-0.00606

0.03163

April

May 0.06149 0.04263

-0.18857

June

July

0.05238

0.00168

August

0.02458 -0.01954

0.04702

September

0.03336 0.01653

October

0.01099

November

December

-0.01977

0.02521

January

0.00169

0.03974

February

March

0.02458

0.04754

April

May -0.00834

-0.08129

0.02516

June

July

August

0.01961

September

0.02690

0.00322

0.07662

0.02915

October

0.01720

0.04461

November

0.01486

December

-0.07413

0.00193

2014 January

0.07363

0.01762

February

-0.00916

0.02108

-0.00021

March

0.06693

0.03862

April

0.00906

0.03168

0.06912

May

0.03115

0.00832 0.00169

-0.00663

June

0.03243

July 0.02817

0.08258

0.03272

August

0.01329

0.01285

September

0.06300

0.01285

October

0.03621 0.03621

0.00677

November 0.02642

December

-0.00524

-0.00191

January

0.09790

0.03083

0.05584

0.06946 0.06784

February

0.01369

-0.03564

March

0.05792

April

-0.01677

May

-0.01281

-0.00191

0.01919 -0.05326

June -0.01918

0.04716 0.05746

July

August

0.02521

0.01797

0.00702

-0.02300

September

0.07907

October

0.01409

0.06822

0.08282

0.01488

November

0.00503

-0.00961

0.00021

December

0.04774

0.01291

0.00260

-0.00152

0.00993

0.00638

0.00133

																																																										Year	Month	MMM	AXP	BA	CAT	C	V	KO	DIS	DD	XOM	GE	GS	HD	IBM	JNJ	JPM	MCD	MRK	NKE	PFE	PG	TRV	UNH	UTX	VZ	WMT
2011					January	0.05533	0.00438	0.04243	0.06102	0.10113	0.01702	0.12529	0.09091	0.06570	0.04592	0.00310	0.01904		0.00322	0.03724	0.03894	0.03568	-0.01809	0.07941	0.06709	-0.00127	0.06523	0.03727		0.03272	0.03650	0.04792	-0.07294
				February	0.01377	0.03741	0.02666	0.08180	0.03605	0.04539	–	0.01486	0.00182	-0.01637	-0.04159	–	0.03163	-0.00419	0.00735		-0.03564	-0.01264	0.00542	0.02535	-0.14673	0.05561		-0.02300	-0.00141	0.06459			0.01329	0.04388	0.00780	0.00837
				March	0.03968	0.09016	0.07913	0.04078	0.01814	0.01688	0.00023	0.03311	0.04576	0.01995	-0.04786	0.00243	0.04605	0.10920	-0.00483	0.02918	0.08906	0.08745	0.03250	0.06231	0.06389	0.08916	0.05824	-0.00710	0.06112	0.05629
				April	-0.02339	0.05134		-0.01677	-0.08327	-0.03398	-0.00964	-0.03411	-0.05452	-0.04588	-0.03961	-0.06567	-0.02342		-0.00524	0.03277	–	0.05238	0.04901	0.02225	0.02587	0.03279	0.03236	-0.01896	-0.00569	-0.01482	-0.02250	0.03957	0.01101
				May	0.00498	0.00557	–	0.05254	0.00624	-0.01973	0.01448	-0.06221	0.01407	-0.02504	-0.03182	-0.05429	0.00585	0.01551	-0.01144	-0.05319	0.03409	-0.02932	0.06952	-0.03963	-0.05119		-0.05326	0.05722	0.00843	0.00812	0.03948	-0.03767
				June		-0.08129	-0.03211	-0.04680	-0.06813	0.01147	0.01070	-0.01076	-0.04866		-0.01954	-0.05037	0.01413	–	0.03562	0.06004	-0.02601	-0.00590	0.02562	-0.03287	0.00189	-0.06553	-0.02480	-0.05567	-0.03781	-0.06406	-0.03972	0.01519	-0.00809
				July	-0.04132	-0.00659	-0.04479	-0.07885	-0.04219	0.03588	-0.11807	-0.05260	-0.06619	-0.08934	-0.13632	-0.03729	-0.05054	0.02464	-0.07145	0.05252	-0.03018	-0.03882	-0.00303	-0.08471	-0.04251	-0.09772	0.02494		0.02915	0.01641
				August	-0.13485	-0.09676	-0.09497		-0.18857	-0.06323	-0.03448	-0.11450	-0.17195	-0.01878	-0.05788	-0.18646	-0.01528	0.01722	-0.03207	-0.19808	-0.02865		–	0.00021		-0.00961	-0.06849	-0.00785	-0.02606	-0.02610	-0.05239	0.01742	–		0.02458	-0.02425
				September	0.10071	0.13209	0.08726	0.28633	0.13457	0.01125	0.15650	0.20265	0.07518		0.09790	0.15865	0.08914	0.05581		0.01099	0.16421	0.05728	0.05505	0.12677	0.08937		0.02108	0.19741	0.04055	0.10830	0.01889	0.08796	0.09287
				October	0.03281	-0.05097	0.05074			0.03621	-0.01349	-0.00881	0.02781	0.00135		0.03623	-0.04788	-0.12158	0.10412	0.02235	0.01445	-0.10903	0.03649	-0.00176		0.00906	-0.03599	0.01625	-0.01172	0.02028	0.04218	0.03843
				November	0.00851	-0.01811		0.06784	-0.07438	0.03482	0.04076	0.06359	-0.04065	0.05370	0.13663	-0.05665	0.07190	-0.02191	0.07362	0.05036	0.06720	0.00574	0.07823	0.03314	0.05976	0.04269	-0.04582	0.06334		0.04702	0.02094
				December	0.06093		0.06693	0.01132	0.20980	–	0.03083	-0.03487	0.03733	0.11162	-0.01203	0.04467	0.23267	0.05590	0.04742		0.00503	0.12988	-0.01276	0.01512		0.07907		-0.01109	-0.04747	-0.01470	0.02190	0.07197	-0.04911	-0.00877	0.02677
2012	0.01708	0.05485	0.01633	0.04665	0.06630	0.03450	0.07943	0.00729	0.03861	0.02718	0.03604	0.07164	0.02542	-0.00387	0.05201	0.00936	-0.00261	0.03779	-0.00236	0.07265	-0.00566	0.07646	0.07656	0.01195	0.15851	-0.03716
0.01838	0.09397	-0.00774	-0.06733	-0.01750	0.06716		0.04263	0.04031	0.00266	0.05354	0.08016	0.06411	0.06059	0.01352	0.17176	-0.01189	0.01724	0.00818	0.07194		-0.00606	0.02862	0.06032	0.00315	0.01401	0.04282
	0.00168	0.04422	0.03267	-0.03112	0.03121	-0.01530	0.01059	-0.00450	-0.02441		-0.07413	0.02942	-0.00752	-0.01304	-0.05913		-0.00663	0.02187	0.01104	-0.04511	0.08649	-0.04734	-0.01567	0.07018	0.04220	-0.03742
-0.04885	-0.07275	-0.08830	-0.14742	–	0.06912	-0.02083	0.06031	-0.08974	-0.08302	-0.02503	-0.16494	-0.04169	-0.06457	–	0.03168	-0.22871	-0.07604	-0.04230	-0.02977	-0.03551	-0.02121	-0.02845	–	0.00677	-0.08648	0.03120	–	0.06149	0.12488
0.06738	-0.03093	0.07314	0.05344	0.06104	0.04787	0.08826	0.10406	0.00167	0.07398	0.01389	0.08217	0.07783	-0.00907	0.12310	0.05167	-0.01670	0.02939	0.05283	0.01916	0.06724	0.07318	0.05925
0.01819	-0.00522	-0.00525			-0.00191	0.03867	0.03338	0.01320	–	0.01720	0.01496	-0.00432	0.05258	-0.01529	0.00205	0.02457	0.01596	0.00938	0.05796	0.06345	0.04522	0.06285	-0.01864	-0.12667	-0.01443	0.02719	0.04400	0.06756
0.02148	0.01022	–	0.02817	0.01330	0.03174	-0.07426	0.00672	0.00950	0.01171	–	0.00193	0.09318		-0.00152	-0.01701	0.03167	0.00934	-0.02536	0.04678	0.04106		0.03336	0.06283	0.08011	-0.04874	-0.00467	-0.01931
-0.00194	-0.02470	–		0.02521		0.00832	0.03923	0.02106	0.05680	0.01045		0.04754	0.10495	0.07529	0.06379	0.06467	0.02195	0.08993	0.02525	0.05759	–	0.02516	0.04149	0.03230	0.06194	0.06125		0.01653
-0.05215	-0.01220	0.01207		-0.00834	-0.05422		-0.01977	-0.06044	-0.11438	-0.00306	-0.07266		0.07662	0.01673	-0.06228	0.02772	0.03725	-0.05395	0.01175	-0.03719	0.00080	0.00647	0.03926	0.01065	-0.00166	-0.00962
0.04513	-0.00125	0.06100	0.00507	-0.03301		0.02690	-0.02124	-0.02718	0.00332	-0.03350	0.06489	-0.01865	-0.00668	-0.01440	0.01177	-0.02915	0.06675	0.01507	0.00852	–		0.00169	-0.02875	0.03212	-0.01165	0.08142	-0.03999
0.02089	0.02826	0.01454	0.05732	0.02318	-0.04404	0.01801	0.04265	-0.01804	0.00244	0.08294	-0.04949	0.00779	0.00531	0.07035	0.01344	-0.06698	0.06325	0.00240	-0.02778	0.02046	0.00122	0.02372	-0.01927	0.01249	-0.04737
0.08293	0.02671	0.09798	0.06482	0.02731	0.08214	0.05491	0.03951	0.06146	0.15914	0.08197	0.06014	0.05449	0.07740	0.08026	0.05642	0.04748	0.09723	0.11606	0.09245	0.01788	0.06780		0.01961	0.04176
2013	0.04070	0.05679	0.04770	-0.06118	0.02529		0.03974	0.01318	0.01861	0.05072	0.01629	0.02361	-0.00687	0.03786	0.01452	-0.01202	0.01149	0.00330	0.01357	0.02498	-0.03188	0.04021	0.06696	0.00674	0.01187
0.02221	0.08544	0.11638	-0.05846	0.01426	0.05198	0.04048	0.02630	0.00625	-0.00431	-0.01743	0.02429	0.06209	0.07121	-0.02984	0.03952	0.04437	0.08355	0.05444	0.01155	0.05282	0.07450	0.03181	0.05631	0.07060	0.06404
-0.01505	0.01709	0.06476	-0.02019	0.02685	0.04674	0.10634	0.10883	-0.01243	-0.03590	-0.00734	0.05116	-0.05045	0.04538	0.03912	0.06335	0.07778	0.00728	0.00356	0.01449	-0.02290	0.10836	-0.00813		0.03862
0.05910	0.10671	0.08882	0.01335	0.01418	-0.05528	0.00382	0.03185	0.02366	0.04621	0.11311	0.07239	0.03187	-0.00490	0.11385	-0.04713	–	0.00638	-0.02726	-0.05549	-0.00013	-0.01979	0.04505	0.04537	-0.10072	0.05940	-0.03128
-0.01255	0.03454	-0.03858	-0.03593		0.00993	0.00111	-0.05897	–	0.00133	0.00237	-0.06682	-0.01025	0.01996	-0.03297	0.00378	0.03276	0.02864	0.00300	-0.03955	0.05011	-0.02065	0.03837	0.02588	-0.00468
0.07389	-0.01023	0.02597	0.01210	0.06380	-0.00075	0.02375	0.09886	0.03763	0.05088	0.08450	0.0	2014	0.02056	0.08898	0.06339	-0.00929	0.03703	-0.01193	0.05207	0.05081	0.04542	0.11255	0.13589	-0.00712	-0.03141	0.04631
-0.02743	-0.02521	-0.00673	-0.00446	-0.03547	-0.04741	-0.05909	-0.01112	-0.06387	-0.05047	-0.06951	-0.05745	-0.06080	-0.06887	-0.09331	-0.03016	-0.01827	0.00173	-0.03490	-0.03001	-0.04369	-0.01524	-0.04704	-0.04244		-0.01281	-0.05795
0.05133	0.05020	0.13068	0.01042	0.00888	-0.00064	0.06017	0.03426	–		0.01285	0.04036	0.03997	0.02362	0.01597	0.00324	0.02296	0.01584	0.15632	0.01843	-0.02953	0.06757	0.00195	0.07712	-0.01499	0.09563	0.01343
0.05393	0.08645	0.11064	0.00652	-0.01267		0.04461	0.06358	0.04508	0.04161	0.09418	0.01675	-0.03224	0.06829	0.00444	-0.05293	0.04295		0.06822	0.01805	-0.04678	-0.01456	0.09455	0.03772
0.06607	0.04890	0.03248		0.01488	0.02924	0.02278	0.02843	0.01027	0.05017	0.01989	0.05368	0.03569	0.00801	0.02927	0.11021	0.10512	0.04189	0.04297	0.05145	0.09112	0.04915	–	0.01762	0.03662	0.05550
0.05048		0.05746	0.01669	0.07340	0.02017	0.02787	0.09644	0.05849		0.08258	0.05989	0.04925	0.02572	0.04391	–	0.03243	0.02202	-0.00349	0.01353	-0.00320	-0.03467	-0.03336	0.00350	0.02652	-0.00967	0.09447	-0.02298
-0.08599	-0.06052	-0.08228	0.04090	-0.10632	-0.08448	-0.04961	-0.06095	-0.08933	-0.10346	-0.06667	-0.05806	-0.03406	–	0.04716	-0.02948	0.05834	–	0.07363	-0.00751	-0.05172	-0.10228	-0.04011	-0.01217	-0.03256	-0.05096
	0.05792	0.03502	0.03258	0.04232	0.01005	0.11293	0.09965	0.05199	0.02238	0.06740	0.05380	0.04875	0.02637	0.01901	0.07589	0.07811	0.06506	0.02662	0.03150	0.06904	0.03170		-0.00916	0.05068	0.00027
0.00690	–	0.01369	-0.02661	0.02475	0.03104	0.02006	0.00720	0.01465	0.01649	-0.01562	-0.02980	0.03953	0.06633	0.06846	0.03027	0.00392	-0.05670	0.00031	0.02466	0.06492	-0.00154	-0.04461	0.02976
0.02528	–	0.02642	0.02813	0.05559	0.05510	-0.00912	0.00328	0.04842	-0.02460	0.00480	0.02068		0.03115	-0.07210	0.03417	0.03153	-0.01232	-0.02615	0.03238	0.06439	-0.08477	0.01275	-0.00672	-0.06138	0.04292
0.03116	0.04655	0.05417	-0.03008	-0.01340	0.00294	0.05886	0.03640	-0.01169	-0.00372	0.00335	-0.05617	0.00866	-0.00732	0.00856	-0.01195	0.05761	-0.04431	-0.02132	0.06117	-0.01293	0.06232	-0.03092
0.00484	0.03683	-0.05930		0.06300	0.06320	0.04323	0.02059	–	0.05584	0.00149	-0.01095		0.04774	0.01500	-0.01676	0.03689	-0.00680	0.00736	-0.02723	0.01250	0.03145	-0.02062		-0.01918	-0.02214
-0.01641	-0.06986	-0.05305	-0.06702	-0.01003	-0.07247	0.00163	-0.01727	-0.01728	-0.04300	-0.00136	0.05737	-0.04330	0.00786	-0.06135	–	0.01919	-0.00542	-0.02449	-0.00830	-0.04794	-0.00856	-0.08922	0.04155	0.00142	-0.01985
0.01761	0.05883	0.01014	0.06185	0.04658	0.03542	0.01226	0.03300	0.03931	0.15646	0.00922	0.04338	0.03087	-0.00033	0.05939	0.02149	0.02404	0.07488	0.05750		0.06946	-0.01190	0.00908	0.03285
-0.01611	-0.02245	0.00457	-0.09205	-0.07825	0.02998	-0.00946	0.08546	-0.05439	-0.00553	0.02490	-0.01387	-0.01284	0.02757	0.01163	-0.00661	0.13558	0.00612	0.00758	-0.00231	-0.00073	-0.02204	0.00341	0.00400
0.08533	0.03059	-0.01939	0.03183	0.00528	-0.01828	0.02640	-0.03637	0.02828	0.00742	0.03497	-0.13396	0.01116	0.01075	-0.01139	-0.02260	0.04226	0.05015	0.07303	0.10157	0.01326	0.01645	0.13151	-0.00262
0.04669	0.02746	0.08193	-0.00799	-0.08395	0.07784	0.01237	0.03944	-0.05704	0.02635	-0.00515	0.01928	-0.00681	0.01090	-0.00529	0.04199	0.04246	0.06798	0.04907	0.03810	0.03442	0.07148	0.14776
0.00671	-0.03260	-0.09016	0.03040	-0.05822	0.03110	0.03557	0.02110	-0.03707	0.02877	0.06108	-0.01067	-0.03400	0.04023	-0.03212	-0.05266	-0.02884	0.00000	0.00730	0.01873	0.02881	0.04469	-0.07531	0.01553	-0.01348
-0.01229	-0.13019	0.11840	-0.11913	-0.08602	-0.02487	-0.03429	-0.03692	-0.05441	-0.05461	-0.11051	-0.04444	-0.04236	-0.12544	-0.01345	0.06145	-0.04056	0.00321	-0.06807	-0.02863	0.05104	-0.01131	-0.02780	-0.01048
2015	0.04559	0.01115	0.04412	0.03664	0.05070	0.05174	0.14424	0.10005	0.02044	0.10426	0.09893	0.06370	0.12688	0.07918	-0.02887	0.10793	0.00997	0.04493	0.08182	0.06627	-0.01236
-0.02194	-0.03933	-0.00510	-0.03462	-0.01594	-0.05574	0.00778	-0.08195	-0.03998	-0.04540	-0.00959	-0.00484	-0.00889	-0.01863	-0.01142	-0.01476	-0.01016	0.03305	-0.03747	0.01159	0.04449	-0.03864	-0.01658	-0.01413
-0.05189	-0.00858	-0.04491	0.09459	0.00025	0.03651	0.02421	0.02788	0.09150	0.04495	-0.05836	0.06723	-0.01392	0.05118	-0.00913	0.03619	-0.01485	-0.02472	-0.02185	-0.06492	-0.05825	-0.02944	0.04893	0.00978	-0.05106
0.02363	0.02931	-0.01339	-0.01796	-0.06333	0.00986	0.01518	-0.02353		0.00702	0.05301	0.04150	-0.00208	0.01684	0.03984	0.00221	0.02233	0.03144	0.03264	–	0.01409	0.00010	0.07908	0.03571	-0.01983	0.04164	-0.04243
-0.03005	-0.02144	-0.00586	-0.06340	-0.03433	0.03416	-0.09942	-0.02347	-0.01738	0.01261	0.00269	-0.04120	-0.02676	0.03010	-0.00896	-0.05792	0.06246	-0.03511	-0.03820	-0.05724	-0.02228	-0.04497
-0.02136	0.03929	-0.06442	–	0.08282	-0.08186	-0.04796	-0.01769	-0.01782	0.05309	-0.00412	0.02822		0.01797	0.05038	0.03566	0.06665	0.07545	-0.01166	0.09787	-0.00492	-0.09574	0.01568	0.12197	0.01480
-0.05425	0.00868	-0.08779	-0.02785	-0.07312	-0.04284	-0.15100	-0.06978	-0.04123	-0.04904	-0.07714	-0.00487	-0.07946	-0.05500	-0.06464	-0.04008	-0.08667	-0.03012	-0.09951	-0.07862	-0.06191	-0.04695	-0.08077	-0.01667	-0.05207	-0.09458
–	0.00260	-0.03376	0.00207	-0.14495	-0.02605	0.02919	0.00314	-0.06408	-0.01183	-0.07869	-0.00328	-0.01974	-0.00670	-0.04883	0.03694	-0.07493	0.10319	-0.02514	0.00608	-0.02860	-0.05434	0.00170
0.10891	-0.00800	0.13074	0.12922	0.15213	0.05558	0.11292	0.31535	0.11284	0.14671	0.07057	-0.03373	0.08227	0.06140	0.13925	0.10670	0.06554	0.07673	0.07126	0.13423	0.01526	0.10585	0.09145	0.11370	-0.11721
0.00254	-0.02211	-0.01162	-0.00466	0.01711	-0.00237	-0.00445	0.03527	0.01691	0.00462	0.00947	0.03782	0.02499	-0.03019	0.00954	-0.02323	-0.02016	-0.04305	-0.01767	-0.03050	0.02026	0.02795
-0.03794	-0.02917	-0.00591	-0.06456	-0.01489	0.00798	-0.07394	-0.01099	-0.04543	0.04820	-0.05152	-0.00780	–	0.01291	0.01462	-0.00975	0.03486	-0.05274	-0.01495	0.06106	0.04825	0.01694	-0.01848	0.05053
0.00239	-0.22740	-0.16917	-0.07270	-0.03879	-0.00093	-0.08812	-0.20781	-0.00128	-0.06581	-0.10359	-0.04907	-0.09323	0.01674	-0.09285	-0.04070	-0.00784	-0.05545	0.03768	-0.05157	-0.02108	-0.08723	0.09443	-0.03946	0.08254
NYSE	ADBE	AMZN	AAPL	BBBY	CSCO	CMCSA	COST	DLTR	EXPE	GRMN	INTC	MSFT	NFLX	ORCL	SNDK	SIRI	SPLS	SBUX
Average Return	0.01224	0.00639	-0.00204	0.00280	0.00842	0.01808	0.00724	0.01052	0.00394	0.02370	0.01269	0.01204	0.01127	0.02147
Variance	0.00220	0.00344	0.00363	0.00292	0.00150	0.00380	0.00657	0.00186	0.00309	0.00615	0.00224	0.00203	0.00139	0.00579	0.00216	0.00368

Sheet1

C.A

L

T

25077

0.00842

0.04194

0.02459

0.03021

0.02459

-0.01783

2012 January

-0.00360

-0.02022

February

0.01548

March

April

May

June

July

August

September

0.04446

October

0.01943

0.03442

0.00000

November

December

0.04669

-0.01933

-0.04460

January

February

March

April

-0.02880

May

June

July

August

0.01695

September

0.07441

0.08392

October

0.02871

November

0.02344

0.02373 0.01377

December

0.00200

January

-0.10199 0.03293

0.04949

0.00132

0.03674

February

March

-0.02795

0.02458

April

0.00966

-0.01916

May

0.03092

0.04732

June

0.05029

July

0.01753

0.00373

August

0.02798

0.02928

September

0.04764

0.04328

October

November

0.01101

December

0.01736

January

0.03596

February

March

0.02092

April

-0.01698

0.01415

May

0.01664

0.04718

June

0.01510

0.02963

July

-0.03606

August

September

October

-0.00976 0.00000

0.08781

0.02167

-0.00808

November

0.01258

-0.05563

December

0.05556

0.02537

0.00127

0.03033

0.01194

0.00151

																																																										Year	Month	AEM	ABX	BBD.B	BCE	BMO	BNS	CM	CNR	COS	C	T	DO	L	ECA	ENB	MFC	MG	POT	POW	RCL.B	RY	SU	WN
2011					January	-0.0011261215	0.08274	0.09649	-0.00962	0.07234	0.06270	0.07762		0.04669	0.10090	-0.00867	0.01961	-0.02138	0.00843	0.01022	0.05938	-0.18163	0.01229		0.08781		-0.01916	0.05794	0.10130	–	0.03021	-0.03950
				February	-0.0563690781	–	0.01736	0.14080	–	0.00842	0.01646	-0.00850	0.02761	0.03408	0.08719		0.04194	0.02095	0.06885	0.02360	-0.01187	-0.06427	-0.02372		-0.04460	-0.02146	0.03830	0.05635	-0.04566	0.04085	–		0.02459
				March	0.0228084275	-0.04108	-0.01122	0.00681	-0.00216	-0.02171		-0.02022	0.00328	-0.00092	-0.05864	-0.00236	-0.05189	0.03501	0.02651	-0.01106	0.04604	-0.06420	-0.00905	0.01617	0.00185	0.00299	0.00585	0.02619
				April	–	0.04764	-0.03757	-0.03905	0.09983	-0.00354	0.02895	-0.01953	0.03243	-0.06497	0.07280	0.05902	0.03869	0.06442	0.04313	0.02404	-0.03050	0.02189	-0.02213	0.03156	-0.05000	-0.07246	0.06358	0.07685
				May	-0.0263451845	-0.05605		0.02963	–	0.01695	-0.00921	-0.01238	-0.04105	0.02257	-0.07878	–	0.02458		0.04328	-0.09269	-0.03419	-0.05878	-0.01100	0.11194	-0.02368	0.04394	-0.02632	-0.06296	0.01189	-0.03696
				June	-0.1285667586	0.04019	-0.16512	–	0.03596	-0.01023	-0.06747	-0.04163	-0.07130	-0.06180	-0.06988	-0.02173	-0.05876	0.00032	-0.05109	-0.11124	-0.10642	0.00266	-0.05727	-0.04478	-0.05827	-0.03122	-0.00960	-0.05204
				July	0.27677616	0.09688	-0.17474	0.08009	0.02282	0.00646	0.04686	0.00544	-0.09026	-0.05529	0.02472	-0.11274	0.04450	-0.00081	-0.10906	-0.19644	0.02357	-0.06548	-0.02490	-0.14309	0.02643	0.02474
				August	-0.0744571049	-0.01484	-0.23061	0.01131	–	0.04446	-0.02374	-0.02723	-0.02324	-0.12900	0.03280	0.10840	-0.18209	0.02923		0.07441	-0.10829	-0.06830	-0.19412		-0.01783	–	0.04718	-0.04110	-0.14423	-0.03884
				September	-0.309816431	0.00204	0.12962	0.00560		0.01548		-0.00360		0.02344	0.11495	0.13291	0.05009	0.03618	0.07189	0.03229	-0.03271	0.10218	0.09755	0.03835	0.09273	0.01338	0.02315	0.18647	0.04440	-0.00202
				October	0.0617371508	0.10169	-0.08252	0.01240	0.01308	-0.01866	-0.02916	0.01012	-0.05716	0.08426	0.06397	–	0.04949	0.05400	-0.03014	-0.15583		-0.03606	-0.05765	-0.11195	0.04044	-0.02797		-0.02880	-0.02316
				November	-0.1899869848	-0.14616	0.07407	0.07527	-0.06336	–	0.00373	0.02046		0.08392	0.0	2012	0.11473	-0.07086	0.05396	0.04575	-0.01274	-0.06568	-0.05286	0.08243	0.04777	0.09987	-0.04362	0.05432	0.01419
				December	0.0145749254	0.07172	0.14977	-0.03744	0.05561		0.01377	0.03334	-0.05639	0.06925	-0.02023	-0.02612	0.01694	-0.00945	-0.05405	0.07926	0.21824	0.11737	0.02351		0.01753	0.17563	–	0.01943	-0.04377
-0.0378038867	-0.03991	0.02371	-0.00832	0.03532	0.00577	0.00807	-0.03705	-0.02225	-0.00601	0.04945	0.01878	-0.04615	0.06825	0.13786	0.02543	-0.01608	0.06320	0.03127	0.01875	-0.01951
-0.0758965752	-0.08428	-0.12299	-0.00179	0.02101	0.05772	0.00574	0.04493	-0.10961	0.02594	0.08211	-0.01826	0.01520	-0.01414	0.09128	0.01523	-0.01065	0.06912	0.05477	0.03825	-0.08223	-0.00230
0.187123857	-0.07820		0.00966		0.00200	0.00130		-0.01933	-0.02243	0.06345	0.03755	0.07654	0.18427	0.05615	0.06840	-0.01969			0.00000	-0.08978	-0.07476		0.03442	-0.06894	-0.00251	0.00123	0.02471	-0.00316
-0.0153541443	0.02064	-0.09569	0.02999	-0.05863	-0.03339	-0.03301	0.00190	-0.06419	-0.02707	0.04020	-0.00242	-0.00709	-0.05127	-0.16729	–	0.02928	-0.02595	-0.16197	-0.04204	-0.09704	-0.13699	0.01366	-0.07334
0.0667356035	-0.05519	0.07041	0.03176	0.01865	0.00610	0.00678	0.02405	-0.01842	0.02469	0.06977	0.03681	-0.00368	0.03066	-0.00359	-0.03689	0.08775	0.05734	0.05683	0.01183	0.05030	0.02733	-0.00515
0.0671677499	-0.13924		-0.10199	0.01667	0.03338	-0.00739		0.02373	0.02753	0.02333	–	0.03293	0.02342	0.05377	0.00910	0.00525	-0.02885	-0.00025	0.00091	-0.03679	0.06502	-0.00393	0.04144	0.02421	0.02438
0.0865195297	0.15780	-0.03047	0.02671	0.00313	-0.00191	0.03926	0.01955	0.05942	0.07480	-0.05120	-0.02328	–	0.04732	0.06356		0.03674	0.06480	-0.09099	0.02040	0.01170	0.07376	0.00911	-0.00878	0.07122
0.0712035125	0.08077	0.06172	-0.00019	0.00833	0.04282	0.02178	-0.03154	0.00048	-0.00716	0.05818	-0.00421	-0.01056	-0.00795	0.07337	-0.00071	0.05872	0.02927	0.01064	0.02483	0.04966	0.00876	0.00222
0.1056862636	-0.01680	0.02981	0.00948	0.02826	0.00612		0.02092	-0.00862	0.00713	0.01413	0.00719	0.04505	0.03490	0.01347	0.04135		-0.05563	0.01381	0.10151	0.01749	0.03649	0.04564	0.02514
-0.0141951156	-0.14108	-0.07632	-0.03665		0.01101	0.03226	0.02088	0.03595	-0.03294	-0.07781	0.00571	-0.03556	-0.03322	0.04706		0.05029	-0.04284	0.03178	0.00068	-0.02776	-0.02992
-0.0588554206	0.00957	0.07911	0.02714	0.01994	0.03617	0.00863	0.01534	0.00050	0.05281	-0.07061	-0.08528	0.06962	0.25962	0.05712	0.07184	0.05334	0.02727	0.03858		0.01664	0.00770	0.01401	0.12988
-0.1246882193	-0.08788	0.03989	0.03941	0.02071	0.04039	0.05978	0.04065	0.00555		0.03092	0.01929	0.06588	0.04932	0.05195	0.03349	0.02635	0.04755	0.03638	0.03518	0.01670
2013	-0.0889845807	-0.00920	0.06138	0.04920	0.01937	0.04740	-0.00072	0.09328	0.02215	-0.00864	–	0.00132	-0.03786	0.05602	0.03520	0.07156	0.05218	-0.02337	0.05071	0.05674	0.03059	-0.07430	0.05194	0.04261
0.0074951807	-0.04573	-0.02307	0.03357	-0.00420		-0.02795	-0.03036	-0.02047	-0.00805	0.06524	0.07640	0.07602		0.02871	0.03624	-0.02222	0.09484	-0.03577	0.00106	0.06866	-0.04405	-0.02592	-0.00135	0.01837
-0.2195824369	-0.33445	-0.00744	-0.00569	-0.00004	-0.01726	0.01117	-0.03399	-0.05492	0.01698	0.13358	-0.06022	0.01353	0.00023	-0.00468	0.01491	0.07022	-0.00623	-0.04240	0.00351	0.03187	0.03335	0.02754
0.0437571323	0.11945	0.17500	-0.01271	0.01635	-0.02755	0.06671	0.03150	0.12264	-0.01450	0.06462	-0.05569	0.16257	0.11207	0.14654	0.03420	0.07261	-0.05414	0.01234	0.00752	-0.00386	0.07422
-0.1394658794	-0.23783	0.00099	-0.06236	-0.00603	-0.03747	-0.03518	-0.02273	-0.02990	-0.04946	0.01210	-0.09009	-0.01690	-0.03843	0.02497	0.08273	-0.08506	-0.02045	-0.11487	-0.00406	-0.01431	-0.14152	0.00956
0.0072413511	0.02410	0.05983	-0.01322	0.05896	0.03184	0.04408	0.00254	0.02414	0.07203	0.00895	0.01293	0.03076	0.03070	0.07487	0.04929	-0.25060	0.04642	-0.00388	0.05714	0.04710	0.01661	0.03977
0.0948081927	0.18593	-0.03427	0.01504	0.03507	0.00845		0.05556	-0.03779	0.03098	0.05395	0.00297	-0.00166	-0.04544	-0.08243	-0.03827	0.03495	0.04530	–	0.02167	0.01340	0.01153	0.09975	0.03557	-0.04388
-0.1407873979	-0.04625	0.00505	0.03265	0.03993	0.01913	0.00914	0.06113	-0.01237	0.02402	0.12776	0.00094	-0.00394	0.01723	-0.01332	0.04928	0.03403	0.01743	0.07555	0.03746	0.06690	-0.02203
0.1348973376	0.05735	-0.01044	0.03067	0.06698	0.08092	0.09754	0.01804	0.06464	0.07060	0.04944	0.05067	0.04790	0.03955	0.01696	0.05567	0.06841	0.07118	0.02878	0.06678	0.04851
-0.0566338259	-0.12899	0.00844	0.03372	0.01363	0.02694	0.04330	-0.00547	0.03027	-0.04374	0.08779	-0.02626	-0.09562	0.11618	-0.02115	0.02716	0.05436		0.00127	0.00600	-0.03350	0.03130	-0.06428
-0.0324472804	0.06246	–	0.03033	-0.00670	-0.03804	0.01871	0.00662	0.01715	0.00554	-0.00221	0.02929	-0.05266	0.06177	-0.01184	0.01161	0.05228	-0.00441	0.02252		-0.01698	-0.01975
0.2365321779	0.14698	-0.12798	0.01652	-0.02832	-0.07151	-0.04575	-0.01569	-0.04009	-0.04619	0.04380	0.00754		0.01510	-0.01956	0.08611	0.00766	-0.05321	-0.02538	-0.02581	-0.01745	0.06482	0.00090
2014	0.0275930307	0.05374	0.07170	0.03633	0.07058	0.07190	0.05028		0.02798	0.04895	0.00841	0.06206	0.02865	0.04197	0.04811	-0.08645	0.04381	0.00464	0.00771
-0.0579791868	-0.12766	0.14625	-0.00129	0.01398	0.02139	0.03831	-0.00320	0.09853	0.04387	-0.02467	0.12823	0.07286	0.03188	0.01475	0.08247	0.09262	0.00733	0.08171	0.01306	0.05694	0.01962	0.02918
-0.0328652596	0.07299	0.02478	0.03181	0.04014	0.02593	0.03365	0.03709	0.08432	0.07539	0.05338	0.01599	-0.03471	0.01035	0.00111	0.02118	-0.04977	0.01335	0.09505	-0.02549	0.00291
0.0219052931	-0.07710	-0.16327	0.02131	0.04550	-0.02108	0.02430	-0.02508	-0.02843	0.00340	-0.00551	-0.04092	-0.02936	0.03698	-0.00681	-0.05444	0.00666	0.02037	-0.01301	0.06033	-0.04335
0.2385570906	0.11023	0.02836	-0.01681	0.03015	0.02557	0.05934	0.06006	-0.02123	-0.03958	0.00416	-0.01747	0.06851	0.03533	0.03126	0.02614	-0.00994	0.02197	0.09639	-0.01993		0.00151
-0.0078316276	0.00819	-0.01061	0.02025	0.04412	0.04034	0.04233	-0.03681	0.01679	0.02349	-0.07120	0.05570	0.12621	0.05045	0.01941	-0.03703	0.08196	-0.00838	0.06438	-0.01604	-0.04300	0.11447
0.0278698755	-0.01877	-0.00871	0.02941	-0.02662	0.02668	0.07134	0.02096	0.08438	0.03142	0.06772	0.02127	0.01063	-0.00776	0.05641	-0.01343	-0.00125	0.04086	-0.00313	0.04178	-0.01767
-0.2210197482	-0.17609	0.03716	-0.00925	-0.01470	-0.03845	-0.02264	0.02137	-0.11785	0.02163	-0.04852	-0.01143	0.03874	-0.01868	-0.13774	0.01545	-0.02122	-0.04438	-0.00891	-0.08613	-0.02629
-0.1799938016	-0.18761	-0.01592	0.04510	0.00101	0.00602	0.02287	-0.00063	-0.14521	0.08123	0.04232	-0.11691	-0.00522	-0.00696	0.04647	0.00246	-0.04311	0.01097	0.00902	–	0.01258	0.05622
0.0045180874	0.01579	0.17520	0.06573	0.02606	0.02144	0.03499	0.02228	-0.15975	0.03836	0.08221	-0.14190	-0.00885	0.04751	0.07205	0.10336	0.02184	0.09045	0.07999	0.03937	-0.09770	0.07155	0.09416
0.083958022	-0.07533	-0.04224	-0.02003	-0.05943	-0.05276	-0.01171	-0.28336	-0.04341	0.10862	-0.09773	0.13790	0.01488	-0.02591	0.02935	0.04477	-0.01180	-0.00299	-0.03511	0.02986	-0.02261	0.00024
0.4813278263	0.29792	-0.30120	0.09535	-0.10327	-0.06992	-0.11679	0.04624	-0.24664	-0.04111	-0.03896	0.03030	0.01544	-0.08115	-0.03019	0.13741	-0.03526	0.00022	-0.09709	0.02710	0.04058	0.00369
2015	-0.0599937763	0.00458	-0.10345	-0.06254	0.06211	0.09417	0.08494	0.03141	0.43406	0.12399	0.04826	-0.04834	0.01045	0.07572	0.11295	-0.03048	0.10052	-0.02147	0.09158		-0.00976	0.01950	0.05292
-0.1239731573	-0.14822	-0.03846	-0.00784	-0.02014	-0.04894	-0.02928	–	0.01415	-0.12132	-0.02042	0.13244	-0.12645	0.05023	-0.02542	–	0.01194	0.00083	-0.08963	0.00275	-0.03003	-0.02643	-0.00644	-0.04453	-0.04998
0.0377949044	0.13213	-0.02400	-0.00802	0.04888	0.05840	0.05511	-0.08158	0.33096	-0.00563	-0.02020	0.21146	0.03292	-0.00953	-0.10205	-0.02380	-0.01104	0.01651	0.06081	0.06161		-0.00808	-0.00658
0.0986491238	-0.05721	0.05738	0.02463	-0.03692	-0.02044	-0.05302	-0.16632	0.00908	-0.00577	-0.07998	-0.04965	0.03131	0.04749	0.18006	-0.00660	-0.02896	-0.00719	-0.01298	-0.07483	0.01462
-0.1139430884	-0.09307	-0.12791	-0.01467	-0.02503	-0.01422	-0.01867	-0.01903	-0.07169	0.03591	0.09901	-0.12131	-0.01799	0.00121	-0.01917	-0.01175	0.00177	-0.03402	-0.04627	0.02649	-0.02517
-0.1838690579	-0.30712	-0.27556	0.01451	-0.00261	0.00634	0.13225	-0.26139	-0.01987	-0.27814	-0.02397	0.13063	-0.00172	0.01369	-0.06842	-0.03726	0.03521	0.00858	0.07093	0.03765	0.11956
0.1171529268	-0.00774	-0.20859	-0.01170	-0.02713	-0.06185	0.03456	-0.10271	0.04067	-0.04747	-0.03507	-0.01107	-0.03834	-0.01542	-0.07022	-0.08214	-0.03710	-0.06341	-0.02072	-0.03829	0.01140	-0.00747
0.0499689758	-0.07213	0.29457	0.03917	0.02507	-0.02308	0.00357	0.03962	-0.18052	-0.03341	0.20104	-0.11756	-0.08865	-0.01793	-0.03461	-0.01402	-0.19936	-0.02858	0.03481	0.00614	-0.03437	-0.01335	-0.00586
0.0925213338	0.18375	-0.14970	0.03479	0.05582	0.05775	0.04589	0.05397	0.56418	-0.03754	-0.01997	0.15832	0.12795	0.00277	0.05039	0.07733	-0.01759	0.06216	0.13158	0.02413	0.09022	0.03781	0.02001
-0.0371868632	-0.01919	-0.08451	0.01699	0.01407	-0.00200	-0.12787	0.01098	0.11759	-0.14341	-0.02148	-0.11483	0.02077	0.06601	-0.00999	0.01752	-0.04402	-0.02750
0.0250846054	0.04171	0.03077	-0.05891	-0.06951	-0.07926	-0.02550	-0.03388	-0.10482	-0.36096	-0.03015	-0.02715	-0.05641	-0.07606	-0.12320	-0.06680	-0.07358	–	0.02537	-0.03198	-0.08866	-0.01705
0.141600189	0.36035	-0.26866	-0.02558	0.00055	-0.01810	0.13543	-0.03394	-0.05860	-0.12518	0.05783	0.00689	-0.06123	-0.13275	-0.01199	0.02661	0.00524	-0.00987	-0.07111	0.01856	0.01001
TSE	ADBE	AMZN	AAPL	BBBY	CSCO	CMCSA	COST	DLTR	EXPE	GRMN	INTC	MSFT	NFLX	ORCL	SNDK	SIRI	SPLS	SBUX
Average Return	-0.01080	-0.02018	0.01220	0.00870	0.00439	0.00757	0.01591	-0.00458	0.01273	-0.01965	0.01225	0.00664	0.01368	-0.01043	0.00631
Variance	0.01742	0.01585	0.01386	0.00116	0.00120	0.00147	0.00206	0.01945	0.00243	0.00361	0.00947	0.00225	0.00333	0.00405	0.00697	0.00489	0.00269