CODE BIOCON ALPHA

BETA

RSQUARED
AVGMONTHLY RETURN
AVGYEARLYRETURN
SDMONTHLY
SDYEARLY
HISTORICAL
AVERAGE YEARLY
RETURN NIFTY
RISK FREE RATE (10
YEAR BOND)

COST OF EQUITY
(BASED ON LONG
TERM AVG MKT
PORTFOLIO)

Date Open High Low Close Volume Adj Close NIFTY

7/31/2008 63 200 63 65.341698 8060376 47.138538 4360
8/31/2008 65.666702 200 53 59.483299 9077895 42.912197 3921.199951
9/30/2008 61.333302 175 29.8333 31.633301 7448088 22.820766 2885.600098
10/31/2008 33 116.5 28.4333 29.516701 8443101 21.293819 2755.100098
11/30/2008 31.0333 96 28.3333 38.849998 6851562 28.027008 2959.149902
12/31/2008 39.5667 106.05 30.35 33.766701 10241562 24.359833 2874.800049
1/31/2009 33.166698 101.35 31.9 33.916698 5261088 24.468046 2763.649902
2/28/2009 31.5333 99 29.633301 47.716702 15602769 34.423584 3020.949951
3/31/2009 47.033298 151 43.450001 47.083302 14671251 33.966644 3473.949951
4/30/2009 47.083302 65.466698 46.716702 60.599998 39361389 43.717804 4448.950195
5/31/2009 61.666698 79 58.333302 73.033302104453664 52.687389 4291.100098
6/30/2009 73.466698 78.316704 64.666702 72.849998 50490021 52.555153 4636.450195
7/31/2009 73.050003 84.800003 66.666702 79.483299 57853458 59.765068 4662.100098
8/31/2009 79.816704 87.933296 75.333298 86.433296 56214975 64.990906 5083.950195
9/30/2009 87 96.066704 81.050003 82.183296 52828635 61.795238 4711.700195
10/31/2009 82.666702 93.800003 76.833298 86.716698 41006235 65.203995 5032.700195
11/30/2009 87 99.5 86.666702 92.016701 66373224 69.189178 5201.049805
12/31/2009 92.050003 101.467 85.099998 89.616699 61180665 67.384567 4882.049805
1/31/2010 90 260.5 84.133301 87.566704 35436360 65.843117 4922.299805
2/28/2010 263.75 294.54999 88 94.816704 37670523 71.294548 5249.100098
3/31/2010 96 303.35001 94.983299 100.867 36705966 75.843872 5278
 4/30/2010 100.35 100.767 90.849998 98.083298 21507075 73.750771 5086.299805
5/31/2010 98 110.4 94.466698 108.483 36741747 81.570518 5312.5
6/30/2010 108.3 111.9 102.667 103.183 30691617 77.585335 5367.600098
7/31/2010 103.667 118.833 103.333 113.3 48187695 88.105301 5402.399902
8/31/2010 113.5 346.20001 112.767 119.767 26839761 93.134224 6029.950195
9/30/2010 120.167 157.517 120.167 137.233130670946 106.71628 6017.700195
10/31/2010 138.483 399.79999 120.1 130.14999 31749834 101.20833 5862.700195
11/30/2010 131 404 125 140.28301 31308825 109.08805 6134.5
12/31/2010 141.983 365.5 111.9 116.5 42033933 90.593704 5505.899902
1/31/2011 117.65 117.65 100.467 103.75 23911434 80.67894 5333.25
2/28/2011 104.667 329.5 102.667 115.017 19756953 89.440491 5833.75
3/31/2011 115.65 373.54999 115.1 122.85 25718778 95.531631 5749.5
4/30/2011 123.667 123.667 106.033 117.883 19858581 91.669174 5473.100098
5/31/2011 118.083 125.95 110 118.267 25773852 93.110237 5647.399902
6/30/2011 118.667 127.267 116.133 121.217 28894650 95.432732 5482
7/31/2011 121.317 123.7 104.1 110.317 21804831 89.037468 5001
8/31/2011 111 117.783 108.167 112.517 15592344 90.813095 4943.25
9/30/2011 112 122.9 110.583 117.033 9296610 94.457985 5326.600098
10/31/2011 117.05 118.333 99.533302 106.217 11796204 85.728333 4832.049805
11/30/2011 107 109.817 80.033302 91.283302 27395847 73.675262 4624.299805
12/31/2011 91.683296 94.699997 85 88.333298 40138455 71.294296 5199.25
1/31/2012 88.333298 100.433 86.666702 91.833298 47995050 74.119156 5385.200195
2/29/2012 91.550003 95 76.083298 79.666702 54994308 64.299438 5295.549805
3/31/2012 80 82.949997 75.033302 79.449997 28173204 64.124535 5248.149902
4/30/2012 80.133301 81.050003 69.383301 73.516701 31670520 59.335739 4924.25
5/31/2012 73.849998 79.783302 69.300003 79.233299 23428146 63.949635 5278.899902
6/30/2012 79.333298 85.333298 76.816704 80.300003 22859580 64.810577 5229
7/31/2012 80.699997 87.949997 78.316704 87.550003 20124753 75.294655 5258.5
8/31/2012 88.083298 95.266701 86.900002 91.599998 25218708 78.777733 5703.299805
9/30/2012 92.633301 96.583298 85.516701 88.5 25078716 76.111679 5619.700195
10/31/2012 89.016701 107.267 88.400002 95.5 40532019 82.131805 5879.850098
11/30/2012 95.333298 98.666702 92.033302 95.599998 27358683 82.217812 5905.100098
12/31/2012 96 101.883 86.699997 93.199997 34263735 80.153755 6034.75
1/31/2013 93.683296 98.366699 89.866699 91.116699 27190608 78.362083 5693.049805
2/28/2013 91.333298 94.966698 84.166702 91.216698 17758866 78.44809 5682.549805
3/31/2013 91.166702 99.333298 90.666702 95.766701 25469862 82.361168 5930.200195
4/30/2013 95.766701 97.316704 89.683296 90.099998 16259295 77.487701 5985.950195
5/31/2013 90.366699 96.933296 88.233299 93.616699 12248910 80.512138 5842.200195
6/30/2013 93.966698 110.917 91.866699 105.05 39717219 90.344986 5742
7/31/2013 106 120 103.85 117.217 46967313 106.25111 5471.799805
8/31/2013 117.333 119.217 106.317 112.567 27302757 102.03612 5735.299805
9/30/2013 113.133 116.183 107.817 115.35 35079828 104.55876 6299.149902
10/31/2013 115.033 131.367 115.033 129.067 28642950 116.99251 6176.100098
11/30/2013 129.233 162 126.217 154.25 86150310 139.81958 6304
12/31/2013 154.41701 165.8 137.367 145.41701109089006 131.81293 6089.5
1/31/2014 144 153.33299 139.35001 152.817 47794026 138.52065 6276.950195
2/28/2014 153.5 156.233 136.483 141.467 38197827 128.23244 6704.200195
3/31/2014 141.433 171.25 141 156.983 81019461 142.29692 6696.399902
4/30/2014 156.983 164.967 137.83299 145.767 47895300 132.13019 7229.950195
5/31/2014 146 178.633 145.14999 176.91701 72343470 160.36603 7611.350098
6/30/2014 177.33299 184.53301 153.067 156.7 78772491 142.04039 7721.299805
7/31/2014 155.16701 161.33299 149.75 154.683 50226432 144.5629 7954.350098
8/31/2014 154.117 171.66701 154.117 166.067 78237057 155.20209 7964.799805
9/30/2014 165.66701 169.633 147.41701 149.317 42737004 139.54796 8322.200195
10/31/2014 149.33299 155.55 145.183 152.14999 51096303 142.1956 8588.25
11/30/2014 151.7 158.633 135.967 141.85001 50818656 132.5695 8282.700195
12/31/2014 141.41701 145.467 134.10001 138.25 40426164 129.20502 8808.900391
1/31/2015 138 151.267 135.55 140.8 32854497 131.58818 8844.599609
2/28/2015 142.53301 158.33299 139.3 156.433 38491266 146.1984 8491
3/31/2015 157.5 165.233 143.33299 150.883 68582496 141.01151 8181.5
4/30/2015 150.883 152.95 139.617 150.45 29008344 145.08998 8433.650391
5/31/2015 150.60001 159.5 142.75 153.7 42054357 148.2242 8368.5
6/30/2015 153.14999 164.75 149.66701 152.467 53452869 147.03513 8532.849609
7/31/2015 153.267 161.64999 131.767 147.933 38815065 142.66264 7948.950195
8/31/2015 147.60001 151.25 140.03301 148.2 19981878 142.92015 7948.899902
9/30/2015 148.83299 155 145.2 151.64999 22192347 146.24724 8065.799805
10/31/2015 151.933 156.66701 144.617 153.883 14966316 148.40067 7935.25
11/30/2015 154.16701 174.25 152.28301 172.7 41645307 166.54729 7946.350098
12/31/2015 173.64999 181.517 155 163.117 45470079 157.3057 7563.549805
1/31/2016 164.017 165.683 143.66701 156.5 29810157 150.92444 6987.049805
2/29/2016 156.66701 165.267 151.617 161.117 27666816 155.37697 7738.399902
3/31/2016 161.25 196.633 160.717 195.133 66015036 194.33212 7849.799805
4/30/2016 195.14999 240.60001 194.467 239.183 63809679 238.20132 8160.100098
5/31/2016 239 255 229.383 247.067 54602727 246.05296 8287.75
6/30/2016 248.33299 279.06699 229.64999 276.383108352926 275.24866 8638.5
7/31/2016 277.71701 308 270.267 305.56699 98947146 304.31287 8786.200195
8/31/2016 305 328.25 290.45001 311.16699 56785773 309.88986 8611.150391
9/30/2016 316.66699 340 298.29999 308.54999 67166781 307.2836 8638
10/31/2016 310.41699 312.29999 268.133 305.60001 51494085 304.34573 8224.5
11/30/2016 306.66699 330 293.89999 316.617 47352090 315.31751 8185.799805
12/31/2016 315.53299 350.58301 309.75 336.983 57896466 335.59995 8561.299805
1/31/2017 337 381.267 331.70001 374.14999 29452836 372.61438 8879.599609
2/28/2017 376 387.633 339.18301 377.43301 38177715 375.88394 9173.75
3/31/2017 377.85001 396 351.16699 367.89999 43790379 366.39005 9304.049805
4/30/2017 367.89999 372.14999 295.03299 316.21701 82849185 314.91919 9621.25
5/31/2017 316.33301 350.83301 316 331.04999 50820201 329.69128 9520.900391
 6/30/2017 330 438.85001 316.25 384.70001 95523456 383.12109 10077.099609
7/31/2017 370.5 386.70001 318.04999 337 62558770 336.42374 9917.900391
8/31/2017 339 369.85001 328 332.14999 36313306 331.58203 9788.599609
9/30/2017 332.14999 388.5 332.14999 359.20001 41942910 358.58579 10335.299805
10/31/2017 358.10001 440.54999 357.20001 432.14999 74565895 431.41101 10226.549805
11/30/2017 445 548.70001 437.35001 537.29999 95980951 536.38123 10530.700195
12/31/2017 540.15002 657.5 525.25 614.90002 70742102 613.84857 11027.700195
1/31/2018 616 645 553.20001 630.04999 60980285 628.9726 10492.849609
2/28/2018 631 643.70001 561.09998 593.90002 46283381 592.88446 10113.700195
3/31/2018 599.90002 677.90002 588 667.59998 66439219 666.45837 10739.349609
4/30/2018 667.59998 683 612.65002 665.40002 37354168 664.26221 10736.150391
5/31/2018 666.29999 696.59998 575.65002 619.54999 67015666 618.49054 10714.299805
6/30/2018 619 640.65002 543.29999 586.20001 43554469 585.19763 11278.349609
 -0.013

SLOPEFN 1.05
COV 1.05
0.32
HLY RETURN -2.117% -0.799%
-110.07% -41.53%
11.3% 6.1%
81.5% 44.0%

6.98%

6.85% 1.93%

6.99%

RETURNS RETURNS

9.39% 10.61%
63.15% 30.67%
6.93% 4.63%
-27.48% -7.14%
14.02% 2.89%
-0.44% 3.94%
-34.14% -8.90%
1.34% -13.97%
-25.24% -24.74%
-18.66% 3.61%
0.25% -7.74%
-12.86% -0.55%
-8.38% -8.66%
5.04% 7.60%
-5.37% -6.59%
-5.93% -3.29%
2.64% 6.33%
2.31% -0.82%
-7.95% -6.43%
-6.19% -0.55%
2.80% 3.70%
-10.08% -4.35%
5.01% -1.03%
-12.72% -0.65%
-5.55% -10.99%
-13.61% 0.20%
5.30% 2.61%
-7.50% -4.53%
18.58% 10.81%
11.59% 3.19%
-10.31% -8.97%
-6.59% 1.45%
4.13% 4.93%
-1.56% -3.14%
-2.46% 2.97%
6.94% 9.18%
-1.97% 1.16%
-3.94% -7.47%
9.70% 9.74%
15.15% 4.39%
3.29% -11.72%
-3.89% -3.51%
14.21% 1.68%
0.27% 0.90%
7.76% 6.37%
-7.49% -6.95%
-1.34% 0.95%
-14.99% -0.56%
-4.52% -8.12%
3.44% 1.48%
-7.61% -4.53%
-0.10% -0.43%
2.54% -2.17%
2.26% 5.83%
-0.11% 0.18%
-4.87% -4.27%
6.10% -0.94%
-3.83% 2.43%
-11.52% 1.73%
-16.22% 4.82%
4.05% -4.70%
-2.44% -9.38%
-11.24% 1.97%
-17.82% -2.05%
 5.90% 3.46%
-4.96% -3.03%
7.72% -6.58%
-10.41% 0.12%
7.41% -7.67%
-19.37% -5.14%
12.13% -1.43%
-1.76% -2.97%
-7.10% -0.13%
10.63% -4.39%
-1.88% -3.15%
7.01% 3.62%
2.57% -6.16%
-1.83% -0.40%
-10.53% 4.08%
3.61% 3.71%
-2.85% -3.04%
-2.14% 0.78%
0.81% -1.94%
3.02% 7.09%
-0.18% 0.00%
-2.30% -1.46%
-1.46% 1.63%
-11.54% -0.14%
5.71% 4.94%
4.14% 7.93%
-2.91% -10.21%
-22.37% -1.43%
-20.35% -3.88%
-3.24% -1.55%
-11.21% -4.15%
-10.04% -1.70%
-1.82% 2.01%
0.84% -0.31%
0.96% 4.91%
-3.54% 0.47%
-6.23% -4.49%
-10.46% -3.65%
-0.87% -3.26%
2.56% -1.41%
15.14% -3.35%
-4.58% 1.05%
-15.02% -5.68%
 13.00% 1.59%
1.45% 1.31%
-7.83% -5.43%
-18.49% 1.06%
-21.78% -2.93%
-13.49% -4.61%
-2.43% 4.97%
5.91% 3.68%
-11.70% -6.00%
0.33% 0.03%
7.14% 0.20%
5.53% -5.13%
 BIOCON AIRTEL
Date Adj Close returns on Adj Close returns on aDiff_sqyd
7/31/2008 47.138538 9% 401.15985 6% 0.0041124 0.0083541846
8/31/2008 42.912197 63% 375.94067 18% 0.0331119
9/30/2008 22.820766 7% 313.14423 -3% 0.0007246
10/31/2008 21.293819 -27% 321.43085 -6% 0.004217
11/30/2008 28.027008 14% 342.72226 12% 0.0144507
12/31/2008 24.359833 0% 303.66003 -1% 6.324E-05
1/31/2009 24.468046 -34% 305.83951 2% 0.0003752
2/28/2009 34.423584 1% 299.73227 -19% 0.0350596
3/31/2009 33.966644 -25% 361.16364 -9% 0.0073633
4/30/2009 43.717804 -19% 393.20853 2% 0.0004975
5/31/2009 52.687389 0% 384.22736 -2% 0.0005315
6/30/2009 52.555153 -13% 392.87323 -4% 0.0014445
7/31/2009 59.765068 -8% 407.76593 1% 0.0001709
8/31/2009 64.990906 5% 402.14783 36% 0.1273154
9/30/2009 61.795238 -5% 281.23938 -2% 0.0005486
10/31/2009 65.203995 -6% 287.67377 -10% 0.0093807
11/30/2009 69.189178 3% 316.67642 3% 0.000756
12/31/2009 67.384567 2% 307.84119 14% 0.0187066
1/31/2010 65.843117 -8% 268.27463 -11% 0.0127915
2/28/2010 71.294548 -6% 300.15833 2% 0.000293
3/31/2010 75.843872 3% 294.8284 16% 0.0238002
4/30/2010 73.750771 -10% 252.47685 0% 1.765E-07
5/31/2010 81.570518 5% 252.38078 -15% 0.0242125
6/30/2010 77.585335 -13% 294.63632 -6% 0.0043079
7/31/2010 88.105301 -6% 314.37155 -12% 0.0135471
8/31/2010 93.134224 -14% 352.89368 12% 0.0136489
9/30/2010 106.71628 5% 313.73148 -10% 0.0103019
10/31/2010 101.20833 -7% 346.96881 0% 8.73E-06
11/30/2010 109.08805 19% 345.66824 12% 0.0136361
12/31/2010 90.593704 12% 307.32483 -4% 0.0014926
1/31/2011 80.67894 -10% 319.17471 -8% 0.0058725
2/28/2011 89.440491 -7% 344.31949 -6% 0.0038748
3/31/2011 95.531631 4% 366.1405 2% 0.0002204
4/30/2011 91.669174 -2% 360.45639 -5% 0.0030005
5/31/2011 93.110237 -2% 380.44702 -10% 0.0105418
6/30/2011 95.432732 7% 421.24704 8% 0.0058801
7/31/2011 89.037468 -2% 389.84015 7% 0.0041988
8/31/2011 90.813095 -4% 365.08783 -4% 0.0013438
9/30/2011 94.457985 10% 378.41635 1% 0.0001919
10/31/2011 85.728333 15% 372.91113 12% 0.0134812
11/30/2011 73.675262 3% 331.76627 -6% 0.004023
12/31/2011 71.294296 -4% 353.20798 4% 0.001807
1/31/2012 74.119156 14% 338.23743 4% 0.0012218
2/29/2012 64.299438 0% 326.35761 8% 0.0070166
3/31/2012 64.124535 8% 299.89356 3% 0.0006319
4/30/2012 59.335739 -7% 292.21506 -1% 8.154E-05
5/31/2012 63.949635 -1% 294.6297 2% 0.0002473
6/30/2012 64.810577 -15% 289.80051 19% 0.0363003
7/31/2012 75.294655 -5% 239.33537 -7% 0.0053945
8/31/2012 78.777733 3% 257.36932 -2% 0.0002722
9/30/2012 76.111679 -8% 261.44141 -22% 0.0500681
10/31/2012 82.131805 0% 326.74124 6% 0.0036078
11/30/2012 82.217812 3% 307.44696 -7% 0.0048097
12/31/2012 80.153755 2% 329.26205 5% 0.0024627
1/31/2013 78.362083 0% 313.0704 10% 0.0101294
2/28/2013 78.44809 -5% 282.86865 6% 0.0033176
3/31/2013 82.361168 6% 266.82251 -9% 0.0087542
4/30/2013 77.487701 -4% 292.75815 3% 0.0009213
5/31/2013 80.512138 -12% 283.77808 -17% 0.0278882
6/30/2013 90.344986 -16% 335.0867 14% 0.0197445
7/31/2013 106.25111 4% 290.92728 -6% 0.0041109
8/31/2013 102.03612 -2% 309.94305 -14% 0.0202612
9/30/2013 104.55876 -11% 357.06918 12% 0.0131959
10/31/2013 116.99251 -18% 318.06488 -1% 0.0001143
11/30/2013 139.81958 6% 321.22607 5% 0.0021601
12/31/2013 131.81293 -5% 306.39279 9% 0.0081363
1/31/2014 138.52065 8% 279.74149 -10% 0.0100992
2/28/2014 128.23244 -10% 309.06763 -3% 0.0010694
3/31/2014 142.29692 7% 319.08621 -5% 0.0023587
4/30/2014 132.13019 -19% 334.69763 -4% 0.0012904
5/31/2014 160.36603 12% 346.66153 1% 2.468E-05
6/30/2014 142.04039 -2% 344.66754 -4% 0.0018903
7/31/2014 144.5629 -7% 359.69537 -10% 0.0102858
8/31/2014 155.20209 11% 397.77078 2% 0.0002211
9/30/2014 139.54796 -2% 391.5863 4% 0.0017393
10/31/2014 142.1956 7% 375.29059 8% 0.0063659
11/30/2014 132.5695 3% 346.23337 -6% 0.0034382
12/31/2014 129.20502 -2% 366.84833 5% 0.0024972
1/31/2015 131.58818 -11% 348.6875 -10% 0.0105457
2/28/2015 146.1984 4% 386.0889 3% 0.0009431
3/31/2015 141.01151 -3% 374.11261 -11% 0.0123741
4/30/2015 145.08998 -2% 417.79675 1% 0.0001519
5/31/2015 148.2242 1% 412.34848 0% 4.75E-06
6/30/2015 147.03513 3% 411.1214 21% 0.0441012
 7/31/2015 142.66264 0% 332.98084 0% 5.743E-06
8/31/2015 142.92015 -2% 333.51263 -1% 0.0001367
9/30/2015 146.24724 -1% 337.16513 2% 0.0004205
10/31/2015 148.40067 -12% 330.05759 -2% 0.0003509
11/30/2015 166.54729 6% 336.02988 16% 0.0255311
12/31/2015 157.3057 4% 286.17822 -8% 0.0072971
1/31/2016 150.92444 -3% 311.44955 -11% 0.0114187
2/29/2016 155.37697 -22% 346.29636 -4% 0.0013424
3/31/2016 194.33212 -20% 358.93204 3% 0.0011108
4/30/2016 238.20132 -3% 346.88867 -4% 0.001909
5/31/2016 246.05296 -11% 362.09094 1% 0.0001497
6/30/2016 275.24866 -10% 357.40195 9% 0.0075519
7/31/2016 304.31287 -2% 327.39221 5% 0.0024953
8/31/2016 309.88986 1% 311.1904 -2% 0.0002601
9/30/2016 307.2836 1% 315.99701 -2% 0.0003487
10/31/2016 304.34573 -4% 321.69556 6% 0.0035227
11/30/2016 315.31751 -6% 302.91513 -13% 0.0171969
12/31/2016 335.59995 -10% 345.08438 -5% 0.002336
1/31/2017 372.61438 -1% 361.88272 4% 0.0017166
2/28/2017 375.88394 3% 346.91782 -2% 0.0002641
3/31/2017 366.39005 15% 352.31906 -4% 0.0020213
4/30/2017 314.91919 -5% 368.22546 -2% 0.0005062
5/31/2017 329.69128 -15% 376.30255 -10% 0.0098348
6/30/2017 383.12109 13% 415.20132 -2% 0.0005756
7/31/2017 336.42374 1% 424.94315 9% 0.0086278
8/31/2017 331.58203 -8% 386.9397 -24% 0.0600532
9/30/2017 358.58579 -18% 493.99518 0% 5.025E-07
10/31/2017 431.41101 -22% 493.25 -6% 0.0042948
11/30/2017 536.38123 -13% 526.23602 19% 0.0342183
12/31/2017 613.84857 -2% 437.01483 2% 0.0003519
1/31/2018 628.9726 6% 428.54999 7% 0.0050976
2/28/2018 592.88446 -12% 398.70001 -3% 0.0007645
3/31/2018 666.45837 0% 409.54999 9% 0.0082942
4/30/2018 664.26221 7% 373.60001 -2% 0.0005246
5/31/2018 618.49054 6% 381.95001 5% 0.0020624

Avg returns -2% 0%

variance 1% 1%
stddev 11% 9%
covariance 0%
correlation 24%

portfolio westd dev portfolio westd dev covarinace CORRELATION

0.4 11% 0.6 9% 0% 24%
CODE BIOCON ALPHA
BETA

RSQUARED
AVGMONTHLY RETURN
AVGYEARLYRETURN
SDMONTHLY
SDYEARLY

HISTORIC
AL
AVERAGE
YEARLY
RETURN
NIFTY

RISK FREE
RATE (10
YEAR
BOND)

COST OF
EQUITY
(BASED
ON LONG
TERM AVG
MKT
PORTFOLI
O)

Date Open High Low Close Volume Adj Close NIFTY

7/31/2008 394.95001 443.45001 385.29999 418.75 101427388 401.15985 4360
8/31/2008 418.5 424.35001 325.5 392.42499 204351382 375.94067 3921.2
9/30/2008 409.5 409.5 241.5 326.875 235576458 313.14423 2885.6001
### 345 374 288.25 335.52499 177198214 321.43085 2755.1001
### 338.85001 379 311 357.75 155895630 342.72226 2959.1499
### 357.5 362.5 276.67499 316.97501 190169536 303.66003 2874.8
1/31/2009 314.85001 339.5 303.52499 319.25 107112660 305.83951 2763.6499
2/28/2009 316.35001 318.75 270.54999 312.875 226276496 299.73227 3020.95
3/31/2009 313.20001 380.85001 297 377 169078300 361.16364 3473.95
4/30/2009 377 518 369.27499 410.45001 555267902 393.20853 4448.9502
5/31/2009 435 435 375.5 401.07501 171417280 384.22736 4291.1001
6/30/2009 401.57501 436.20001 368.375 410.10001 144705698 392.87323 4636.4502
7/31/2009 418 439.25 365.04999 424.60001 148934868 407.76593 4662.1001
8/31/2009 418.64999 485 399.04999 418.75 144749501 402.14783 5083.9502
9/30/2009 426 459 290.10001 292.85001 463412644 281.23938 4711.7002
### 292.5 325.60001 274 299.54999 424204850 287.67377 5032.7002
### 304.89999 348.79999 300 329.75 163726345 316.67642 5201.0498
### 330.89999 335.14999 304.14999 320.54999 143219825 307.84119 4882.0498
1/31/2010 305 318.39999 269.35001 279.35001 161750355 268.27463 4922.2998
2/28/2010 279.39999 321 279.39999 312.54999 110362089 300.15833 5249.1001
3/31/2010 312.60001 343.70001 292 307 120178133 294.8284 5278
4/30/2010 298 299.89999 252 262.89999 152633676 252.47685 5086.2998
5/31/2010 263.10001 292 254.35001 262.79999 141202233 252.38078 5312.5
6/30/2010 263 324.39999 261.10001 306.79999 179516666 294.63632 5367.6001
7/31/2010 308 335.75 308 327.35001 106716931 314.37155 5402.3999
8/31/2010 329 376.95001 328.79999 366.29999 116500942 352.89368 6029.9502
9/30/2010 370.10001 370.10001 318 325.64999 101422287 313.73148 6017.7002
### 329 362.89999 303.39999 360.14999 148253244 346.96881 5862.7002
### 357.5 360 322 358.79999 82973280 345.66824 6134.5
### 360.89999 365 311 319 65868187 307.32483 5505.8999
1/31/2011 325 344.25 304.45001 331.29999 99345125 319.17471 5333.25
2/28/2011 331.10001 364.95001 308.95001 357.39999 83092126 344.31949 5833.75
3/31/2011 354.60001 428.39999 345.70001 380.04999 84737321 366.1405 5749.5
4/30/2011 379 384.95001 345.70001 374.14999 73442634 360.45639 5473.1001
5/31/2011 375.25 404.95001 367.64999 394.89999 95825974 380.44702 5647.3999
6/30/2011 394.89999 439.25 378.25 437.25 104096478 421.24704 5482
7/31/2011 447.85001 447.85001 377.20001 404.64999 138727949 389.84015 5001
8/31/2011 416 418.95001 360.64999 378 87013153 365.08783 4943.25
9/30/2011 373.10001 409.29999 343.54999 391.79999 81419550 378.41635 5326.6001
### 386.79999 412 354.79999 386.10001 155631539 372.91113 4832.0498
### 392.89999 397.79999 319.25 343.5 130527531 331.76627 4624.2998
### 344.5 375.79999 320 365.70001 92322271 353.20798 5199.25
1/31/2012 364.79999 400.95001 333.64999 350.20001 193731618 338.23743 5385.2002
2/29/2012 349 354.89999 320.64999 337.89999 89227102 326.35761 5295.5498
3/31/2012 338.89999 343.85001 288.95001 310.5 72809607 299.89356 5248.1499
4/30/2012 310.5 319.95001 280.10001 302.54999 71882405 292.21506 4924.25
5/31/2012 300.10001 316.89999 285.29999 305.04999 82041589 294.6297 5278.8999
6/30/2012 305.04999 328.79999 298 300.04999 80846857 289.80051 5229
7/31/2012 301 303.14999 238.45 247.8 196049249 239.33537 5258.5
8/31/2012 246.60001 283 241.3 265.45001 129853683 257.36932 5703.2998
9/30/2012 265.14999 276.60001 215.8 269.64999 70611610 261.44141 5619.7002
### 270.79999 340.70001 267.70001 337 122662768 326.74124 5879.8501
### 337.5 340 299.54999 317.10001 86899248 307.44696 5905.1001
### 318.54999 370.60001 317.5 339.60001 101232742 329.26205 6034.75
1/31/2013 336.45001 346.79999 291.5 322.89999 114699136 313.0704 5693.0498
2/28/2013 323.45001 326.95001 275.60001 291.75 126912435 282.86865 5682.5498
3/31/2013 288 324.14999 266.54999 275.20001 92587903 266.82251 5930.2002
4/30/2013 318.75 332.79999 294.64999 301.95001 87292683 292.75815 5985.9502
5/31/2013 302.29999 308.5 274.25 291.75 93584419 283.77808 5842.2002
6/30/2013 291.75 348 282.79999 344.5 96464232 335.0867 5742
7/31/2013 347.75 354 279.20001 299.10001 113817426 290.92728 5471.7998
8/31/2013 303.79999 358.75 280.5 318.64999 111157553 309.94305 5735.2998
9/30/2013 319.29999 370.5 309 367.10001 94386182 357.06918 6299.1499
### 365 373.79999 318.54999 327 81379105 318.06488 6176.1001
### 328 344 311.5 330.25 79713464 321.22607 6304
### 331 339 300.10001 315 107896213 306.39279 6089.5
1/31/2014 313.10001 319.45001 281.89999 287.60001 118381929 279.74149 6276.9502
2/28/2014 290.39999 327.20001 281.89999 317.75 116113821 309.06763 6704.2002
3/31/2014 318 345.5 312 328.04999 77152236 319.08621 6696.3999
4/30/2014 328.04999 349.95001 305.25 344.10001 105472237 334.69763 7229.9502
5/31/2014 345 367.14999 327.95001 356.39999 124587969 346.66153 7611.3501
6/30/2014 337.25 375.20001 326.60001 354.35001 97994220 344.66754 7721.2998
7/31/2014 370.5 387.10001 361.25 369.79999 80531753 359.69537 7954.3501
8/31/2014 370 420 369.85001 405.20001 93300547 397.77078 7964.7998
9/30/2014 404 416.85001 380 398.89999 74549710 391.5863 8322.2002
### 401.45001 407.79999 376 382.29999 84402071 375.29059 8588.25
### 384.75 387.35001 335.79999 352.70001 86905962 346.23337 8282.7002
### 354.39999 395.70001 339.10001 373.70001 82428360 366.84833 8808.9004
1/31/2015 370 377.29999 340.10001 355.20001 72534100 348.6875 8844.5996
2/28/2015 356.29999 404.5 339.10001 393.29999 161270811 386.0889 8491
3/31/2015 393.29999 427 371.79999 381.10001 109472835 374.11261 8181.5
4/30/2015 381.10001 435 373.60001 425.60001 171876253 417.79675 8433.6504
5/31/2015 415.95001 437.29999 402.85001 420.04999 80413818 412.34848 8368.5
6/30/2015 423.70001 452.45001 404.10001 418.79999 69210577 411.1214 8532.8496
7/31/2015 420 427.70001 332.5 339.20001 105485751 332.98084 7948.9502
8/31/2015 351 365.70001 315.60001 337.85001 86118960 333.51263 7948.8999
9/30/2015 339.39999 374.70001 335.60001 341.54999 82357555 337.16513 8065.7998
### 347.5 353.79999 317.10001 334.35001 50467338 330.05759 7935.25
### 335.95001 341.75 304.14999 340.39999 76546265 336.02988 7946.3501
### 339.95001 344 282.29999 289.89999 125493232 286.17822 7563.5498
1/31/2016 292.20001 334.89999 291.20001 315.5 90335726 311.44955 6987.0498
2/29/2016 315.54999 361.39999 310.25 350.79999 70171917 346.29636 7738.3999
3/31/2016 350.20001 385 325.60001 363.60001 67669447 358.93204 7849.7998
4/30/2016 363 377.45001 339.29999 351.39999 79289980 346.88867 8160.1001
5/31/2016 353.54999 370 337.35001 366.79999 59786999 362.09094 8287.75
6/30/2016 365.79999 381.79999 353 362.04999 48144065 357.40195 8638.5
7/31/2016 363.45001 371.5 328.75 331.64999 62978688 327.39221 8786.2002
8/31/2016 330 332.35001 301.5 314 106956066 311.1904 8611.1504
9/30/2016 314 326.14999 296.25 318.85001 56183056 315.99701 8638
### 318 326.79999 283.04999 324.60001 59718486 321.69556 8224.5
### 324 337.45001 288.70001 305.64999 56092264 302.91513 8185.7998
### 303.10001 369.95001 299.14999 348.20001 90087311 345.08438 8561.2998
1/31/2017 346 401 340.14999 365.14999 116190434 361.88272 8879.5996
2/28/2017 368.54999 369.79999 325.79999 350.04999 89901529 346.91782 9173.75
3/31/2017 346 361.95001 332.75 355.5 59338264 352.31906 9304.0498
4/30/2017 355.5 381.60001 336.5 371.54999 123620920 368.22546 9621.25
5/31/2017 370 386.35001 360.60001 379.70001 68974184 376.30255 9520.9004
6/30/2017 381.45001 431.60001 373.35001 418.95001 86034241 415.20132 10077.1
7/31/2017 420.14999 438.14999 403.75 427.70001 54387784 424.94315 9917.9004
8/31/2017 430 430.45001 371 389.45001 79181681 386.9397 9788.5996
9/30/2017 389.45001 519.34998 373.14999 497.20001 197062070 493.99518 10335.3
### 518.5 564.79999 481.14999 496.45001 229386228 493.25 10226.55
### 498.89999 547.5 476.85001 529.65002 132010586 526.23602 10530.7
### 531 542.5 435.04999 439.85001 546438942 437.01483 11027.7
1/31/2018 440.04999 449.39999 403.20001 428.54999 142248998 428.54999 10492.85
2/28/2018 429.04999 436.60001 391.25 398.70001 114783421 398.70001 10113.7
3/31/2018 399.5 427.39999 374.14999 409.54999 148576916 409.54999 10739.35
4/30/2018 409.54999 418.35001 351.60001 373.60001 163789288 373.60001 10736.15
5/31/2018 374.54999 393.39999 357.54999 381.95001 89114119 381.95001 10714.3
6/30/2018 381.10001 381.39999 331 364.70001 81783611 364.70001 11278.35
 0.007

SLOPEFN 0.74
COV 0.74
RSQUARED 0.24
AVGMONTHLY RETURN 0.080% -0.799%
AVGYEARLYRETURN 4.16% -41.53%
SDMONTHLY 9.2% 6.1%
66.2% 44.0%

6.98%

6.85%

6.95%

RETURNS RETURNS

6.49% 10.61%
18.28% 30.67%
-2.61% 4.63%
-6.41% -7.14%
12.10% 2.89%
-0.72% 3.94%
2.02% -8.90%
-18.64% -13.97%
-8.50% -24.74%
2.31% 3.61%
-2.23% -7.74%
-3.72% -0.55%
 1.39% -8.66%
35.76% 7.60%
-2.26% -6.59%
-9.61% -3.29%
2.83% 6.33%
13.76% -0.82%
-11.23% -6.43%
1.79% -0.55%
15.51% 3.70%
0.04% -4.35%
-15.48% -1.03%
-6.48% -0.65%
-11.56% -10.99%
11.76% 0.20%
-10.07% 2.61%
0.38% -4.53%
11.76% 10.81%
-3.78% 3.19%
-7.58% -8.97%
-6.14% 1.45%
1.56% 4.93%
-5.40% -3.14%
-10.19% 2.97%
7.75% 9.18%
6.56% 1.16%
-3.59% -7.47%
1.47% 9.74%
11.69% 4.39%
-6.26% -11.72%
4.33% -3.51%
3.58% 1.68%
8.46% 0.90%
2.59% 6.37%
-0.82% -6.95%
1.65% 0.95%
19.13% -0.56%
-7.26% -8.12%
-1.57% 1.48%
-22.30% -4.53%
6.09% -0.43%
-6.86% -2.17%
5.04% 5.83%
10.14% 0.18%
 5.84% -4.27%
-9.28% -0.94%
3.12% 2.43%
-16.62% 1.73%
14.13% 4.82%
-6.33% -4.70%
-14.15% -9.38%
11.57% 1.97%
-0.99% -2.05%
4.73% 3.46%
9.10% -3.03%
-9.97% -6.58%
-3.19% 0.12%
-4.78% -7.67%
-3.51% -5.14%
0.58% -1.43%
-4.27% -2.97%
-10.06% -0.13%
1.57% -4.39%
4.25% -3.15%
8.06% 3.62%
-5.78% -6.16%
5.08% -0.40%
-10.19% 4.08%
3.15% 3.71%
-11.04% -3.04%
1.31% 0.78%
0.30% -1.94%
21.08% 7.09%
-0.16% 0.00%
-1.09% -1.46%
2.13% 1.63%
-1.79% -0.14%
16.06% 4.94%
-8.46% 7.93%
-10.61% -10.21%
-3.58% -1.43%
3.41% -3.88%
-4.29% -1.55%
1.30% -4.15%
8.77% -1.70%
5.08% 2.01%
-1.53% -0.31%
 -1.79% 4.91%
6.02% 0.47%
-13.03% -4.49%
-4.75% -3.65%
4.22% -3.26%
-1.54% -1.41%
-4.42% -3.35%
-2.17% 1.05%
-9.84% -5.68%
-2.32% 1.59%
9.37% 1.31%
-24.43% -5.43%
0.15% 1.06%
-6.47% -2.93%
18.58% -4.61%
1.96% 4.97%
7.22% 3.68%
-2.68% -6.00%
9.19% 0.03%
-2.21% 0.20%
4.62% -5.13%