Monthly returns

Date
1/31/1985
2/28/1985
3/29/1985
4/30/1985
5/31/1985
6/28/1985
7/31/1985
8/30/1985
9/30/1985
10/31/1985
11/29/1985
12/31/1985
1/31/1986
2/28/1986
3/31/1986
4/30/1986
5/30/1986
6/30/1986
7/31/1986
8/29/1986
9/30/1986
10/31/1986
11/28/1986
12/31/1986
1/30/1987
2/27/1987
3/31/1987
4/30/1987
5/29/1987
6/30/1987
7/31/1987
8/31/1987
9/30/1987
10/30/1987
11/30/1987
12/31/1987
1/29/1988
2/29/1988
3/31/1988
4/29/1988
5/31/1988
6/30/1988
7/29/1988
8/31/1988
9/30/1988
10/31/1988

Value
Weighted
index
9.24
0.98
-0.19
-0.38
5.15
1.52
-0.25
-1.01
-4.19
4.21
6.50
4.24
0.90
6.95
4.26
-0.05
4.71
1.13
-6.14
6.26
-8.18
4.87
1.14
-2.74
12.65
4.55
2.11
-1.86
0.32
4.22
4.31
2.78
-1.58
-22.95
-7.52
6.98
4.17
4.68
-1.69
0.67
-0.23
4.88
-1.00
-3.29
3.57
1.63

S&P 500
7.68
1.37
0.18
-0.32
6.15
1.59
-0.26
-0.61
-3.21
4.47
7.16
4.67
0.44
7.61
5.54
-1.24
5.49
1.66
-5.69
7.48
-8.22
5.56
2.56
-2.64
13.43
4.13
2.72
-0.88
1.03
4.99
4.98
3.85
-2.20
-21.52
-8.19
7.38
4.27
4.70
-3.02
1.08
0.78
4.64
-0.40
-3.31
4.24
2.73

T-bills
0.65
0.58
0.62
0.72
0.66
0.55
0.62
0.55
0.60
0.65
0.61
0.65
0.56
0.53
0.60
0.52
0.49
0.52
0.52
0.46
0.45
0.46
0.39
0.49
0.42
0.43
0.47
0.44
0.38
0.48
0.46
0.47
0.45
0.60
0.35
0.39
0.29
0.46
0.44
0.46
0.51
0.49
0.51
0.59
0.62
0.61

Long Term
Bond
3.64
-4.93
3.07
2.42
8.96
1.42
-1.80
2.59
-0.21
3.38
4.01
5.41
-0.25
11.45
7.70
-0.80
-5.05
6.13
-1.08
4.99
-5.00
2.89
2.67
-0.18
1.61
2.02
-2.23
-4.73
-1.05
0.98
-1.78
-1.65
-3.69
6.23
0.37
1.65
6.66
0.52
-3.07
-1.60
-1.02
3.68
-1.70
0.58
3.45
3.08

Corp Bnd
2.77
-3.15
2.45
3.09
8.90
0.26
-1.32
3.10
-0.03
3.29
3.70
4.69
0.45
7.52
2.56
0.16
-1.64
2.18
0.31
2.75
-1.14
1.89
2.33
1.17
2.16
0.58
-0.87
-5.02
-0.52
1.55
-1.19
-0.75
-4.22
5.07
1.25
2.12
5.17
1.38
-1.88
-1.49
-0.57
3.79
-1.11
0.54
3.26
2.73

Inflation TOYOTA
0.19
7.76
0.41
-4.71
0.44
0.06
0.41
2.58
0.37
-6.03
0.31
9.16
0.16
-4.92
0.22
1.38
0.31
0.07
0.31
13.07
0.34
4.66
0.25
6.67
0.31
6.28
-0.27
1.05
-0.46
11.61
-0.21
35.43
0.31
-10.14
0.49
6.45
0.03
-12.59
0.18
26.04
0.49
29.17
0.09
-12.15
0.09
3.27
0.09
10.42
0.60
-9.33
0.39
-5.13
0.45
-5.95
0.54
10.55
0.30
5.84
0.41
4.54
0.21
4.84
0.56
-1.31
0.50
10.66
0.26
-12.03
0.14
-0.89
-0.03
9.63
0.26
2.24
0.26
17.59
0.43
10.23
0.52
2.35
0.34
-6.41
0.43
-4.78
0.42
29.05
0.42
-15.69
0.67
3.71
0.33
1.98

11/30/1988
12/30/1988
1/31/1989
2/28/1989
3/31/1989
4/28/1989
5/31/1989
6/30/1989
7/31/1989
8/31/1989
9/29/1989
10/31/1989
11/30/1989
12/29/1989
1/31/1990
2/28/1990
3/30/1990
4/30/1990
5/31/1990
6/29/1990
7/31/1990
8/31/1990
9/28/1990
10/31/1990
11/30/1990
12/31/1990
1/31/1991
2/28/1991
3/29/1991
4/30/1991
5/31/1991
6/28/1991
7/31/1991
8/30/1991
9/30/1991
10/31/1991
11/29/1991
12/31/1991
1/31/1992
2/28/1992
3/31/1992
4/30/1992
5/29/1992
6/30/1992
7/31/1992
8/31/1992
9/30/1992
10/30/1992
11/30/1992
12/31/1992

-2.21
1.80
6.53
-2.04
1.96
4.78
3.59
-0.81
7.66
1.88
-0.41
-3.10
1.42
1.55
-7.50
1.20
2.26
-3.09
8.70
-0.70
-1.17
-9.77
-5.71
-1.57
6.39
2.86
4.64
7.38
2.84
0.12
3.66
-4.67
4.52
2.41
-1.35
1.69
-4.13
10.72
-0.33
1.08
-2.69
1.19
0.32
-2.27
3.91
-2.42
0.99
1.08
3.83
1.57

-1.42
1.81
7.23
-2.49
2.36
5.16
4.02
-0.54
8.98
1.93
-0.39
-2.33
2.08
2.36
-6.71
1.29
2.63
-2.47
9.75
-0.70
-0.32
-9.03
-4.92
-0.37
6.44
2.74
4.42
7.16
2.38
0.28
4.28
-4.57
4.68
2.35
-1.64
1.34
-4.04
11.43
-1.86
1.28
-1.96
2.91
0.54
-1.45
4.03
-2.02
1.15
0.36
3.37
1.31

0.57
0.63
0.55
0.61
0.67
0.67
0.79
0.71
0.70
0.74
0.65
0.68
0.69
0.61
0.57
0.57
0.64
0.69
0.68
0.63
0.68
0.66
0.60
0.68
0.57
0.60
0.52
0.48
0.44
0.53
0.47
0.42
0.49
0.46
0.46
0.42
0.39
0.38
0.34
0.28
0.34
0.32
0.28
0.32
0.31
0.26
0.26
0.23
0.23
0.28

-1.96
1.10
2.03
-1.79
1.22
1.59
4.01
5.50
2.38
-2.59
0.19
3.79
0.78
-0.06
-3.43
-0.25
-0.44
-2.02
4.15
2.30
1.07
-4.19
1.17
2.15
4.02
1.87
1.30
0.30
0.38
1.40
0.00
-0.63
1.57
3.40
3.03
0.54
0.82
5.81
-3.24
0.51
-0.94
0.16
2.43
2.00
3.98
0.67
1.85
-1.96
0.10
2.46

-1.69
0.39
2.02
-1.29
0.64
2.13
3.79
3.95
1.78
-1.63
0.40
2.76
0.70
0.06
-1.91
-0.12
-0.11
-1.91
3.85
2.16
1.02
-2.92
0.91
1.32
2.85
1.67
1.50
1.21
1.08
1.38
0.39
-0.18
1.67
2.75
2.71
0.43
1.06
4.36
-1.73
0.96
-0.73
0.16
2.54
1.56
3.08
0.90
0.99
-1.56
0.69
2.28

0.08
0.17
0.50
0.41
0.58
0.65
0.57
0.24
0.24
0.16
0.32
0.48
0.24
0.16
1.03
0.47
0.55
0.16
0.23
0.54
0.38
0.92
0.84
0.60
0.22
0.00
0.60
0.15
0.15
0.15
0.30
0.22
0.15
0.29
0.22
0.15
0.29
0.07
0.15
0.36
0.51
0.14
0.14
0.36
0.21
0.28
0.28
0.35
0.14
-0.07

5.10
-2.66
-0.26
-1.20
-4.96
-0.61
1.05
-3.24
5.41
-2.66
1.79
3.82
-3.58
-3.38
-1.72
-10.06
-9.99
3.63
14.72
0.12
-0.78
-6.61
-7.99
9.28
-3.94
-6.43
4.53
4.81
-6.73
3.95
-2.73
0.54
0.60
-6.21
6.22
1.13
-7.22
7.39
-3.05
-3.17
-7.74
7.98
5.14
-1.52
-3.18
5.15
-0.99
-2.08
0.64
3.39

1/29/1993
2/26/1993
3/31/1993
4/30/1993
5/31/1993
6/30/1993
7/30/1993
8/31/1993
9/30/1993
10/29/1993
11/30/1993
12/31/1993
1/31/1994
2/28/1994
3/31/1994
4/29/1994
5/31/1994
6/30/1994
7/29/1994
8/31/1994
9/30/1994
10/31/1994
11/30/1994
12/30/1994
1/31/1995
2/28/1995
3/31/1995
4/28/1995
5/31/1995
6/30/1995
7/31/1995
8/31/1995
9/29/1995
10/31/1995
11/30/1995
12/29/1995
1/31/1996
2/29/1996
3/29/1996
4/30/1996
5/31/1996
6/28/1996
7/31/1996
8/30/1996
9/30/1996
10/31/1996
11/29/1996
12/31/1996
1/31/1997
2/28/1997

1.10
0.14
2.34
-2.88
2.84
0.25
-0.14
3.56
0.01
1.54
-1.90
1.61
3.01
-2.49
-4.72
0.83
0.69
-3.98
4.02
4.12
-2.13
1.48
-3.93
1.11
2.00
3.72
2.43
2.35
3.12
3.00
3.98
0.73
3.65
-1.13
3.99
1.46
2.55
1.54
0.93
2.34
2.50
-0.97
-5.53
2.99
5.15
1.27
6.43
-1.29
5.24
-0.22

0.73
1.35
2.15
-2.45
2.70
0.33
-0.47
3.81
-0.74
2.03
-0.94
1.23
3.35
-2.70
-4.35
1.30
1.63
-2.47
3.31
4.07
-2.41
2.29
-3.67
1.46
2.60
3.88
2.96
2.91
3.95
2.35
3.33
0.27
4.19
-0.35
4.40
1.85
3.44
0.96
0.96
1.47
2.58
0.41
-4.45
2.12
5.62
2.74
7.59
-1.96
6.21
0.81

0.23
0.22
0.25
0.24
0.22
0.25
0.24
0.25
0.23
0.22
0.25
0.23
0.25
0.21
0.27
0.27
0.32
0.31
0.28
0.37
0.37
0.38
0.37
0.44
0.42
0.40
0.46
0.44
0.54
0.47
0.45
0.47
0.43
0.47
0.42
0.49
0.43
0.39
0.39
0.46
0.42
0.40
0.45
0.41
0.44
0.42
0.41
0.46
0.45
0.39

2.80
3.54
0.21
0.72
0.47
4.49
1.91
4.32
0.07
0.96
-2.59
0.20
2.57
-4.50
-3.95
-1.50
-0.82
-1.00
3.63
-0.86
-3.31
-0.25
0.66
1.61
2.73
2.87
0.91
1.69
7.90
1.39
-1.68
2.36
1.75
2.94
2.49
2.72
-0.11
-4.83
-2.10
-1.65
-0.54
2.03
0.18
-1.39
2.90
4.04
3.51
-2.56
-0.79
0.05

2.50
2.56
0.25
0.52
0.20
2.93
1.00
2.87
0.43
0.51
-1.88
0.67
2.02
-2.86
-3.83
-0.97
-0.62
-0.81
3.09
-0.31
-2.65
-0.50
0.18
1.57
2.56
2.89
0.95
1.75
6.31
0.79
-1.64
2.14
1.53
1.85
2.42
2.28
0.14
-3.73
-1.30
-1.60
0.05
1.72
0.10
-0.70
2.59
3.61
2.63
-1.86
-0.28
0.28

0.49
0.35
0.35
0.28
0.14
0.14
0.00
0.28
0.21
0.41
0.07
0.00
0.27
0.34
0.34
0.14
0.07
0.34
0.27
0.40
0.27
0.07
0.13
0.00
0.40
0.40
0.33
0.33
0.20
0.20
0.00
0.26
0.20
0.33
-0.07
-0.07
0.59
0.32
0.52
0.39
0.19
0.06
0.19
0.19
0.32
0.32
0.19
0.00
0.32
0.31

-4.17
1.75
15.39
20.00
-3.48
-5.67
8.77
2.47
1.24
6.25
-13.03
7.20
12.98
7.68
-2.19
2.36
4.89
9.57
-4.43
0.94
-4.60
6.46
-2.52
-1.41
-8.00
-6.76
10.88
1.95
-3.95
2.32
4.80
-5.32
-3.08
-2.51
6.17
7.39
2.45
-0.79
3.85
2.30
0.60
9.61
-3.19
-0.72
6.54
-7.27
15.05
5.31
-9.96
-0.44

3/31/1997
4/30/1997
5/30/1997
6/30/1997
7/31/1997
8/29/1997
9/30/1997
10/31/1997
11/28/1997
12/31/1997

-4.58
4.24
6.91
4.46
7.56
-3.89
5.76
-3.43
3.13
1.70

-4.16
5.97
6.14
4.46
7.94
-5.56
5.48
-3.34
4.63
1.72

0.43
0.43
0.49
0.37
0.43
0.41
0.44
0.42
0.39
0.48

-2.52
2.55
0.97
1.95
6.26
-3.17
3.16
3.41
1.48
1.84

-2.21
1.84
1.28
1.87
5.28
-2.40
2.26
1.91
1.01
1.63

0.25
0.12
-0.06
0.12
0.12
0.19
0.25
0.25
-0.06
-0.12

-1.90
14.40
-0.40
3.09
3.63
-14.02
15.69
-7.75
2.04
0.05

GM
6.09
-2.87
-8.16
-7.38
7.81
0.52
-1.70
-3.07
-0.54
-0.40
7.04
3.17
5.15
6.83
10.94
-7.25
1.29
-2.66
-12.25
7.59
-5.92
5.00
4.17
-9.43
14.02
0.79
4.71
15.21
-3.97
-3.08
7.58
5.00
-9.80
-29.52
-1.61
8.85
7.13
12.08
-1.21
5.05
1.86
6.65
0.00
-7.58
2.90
11.18

APPLE
IBM
COMPAQ HP
BUSCH
HEINEKEN
-0.26
10.74
22.48
10.71
2.58
6.12
-14.53
-0.91
20.00
-1.34
4.88
-5.93
-10.43
-5.26
-16.67
-7.94
3.25
10.84
-3.84
-0.36
10.82
-6.64
3.73
-2.48
-17.98
2.54
-2.72
4.75
8.97
-1.43
3.72
-3.78
12.83
5.43
6.00
-0.11
-11.60
6.18
13.85
8.22
-0.81
12.28
-5.16
-2.81
1.09
-6.27
1.43
-1.10
5.27
-2.14
-16.44
-8.31
3.14
15.19
18.47
4.82
11.83
-6.92
12.98
12.38
8.32
8.50
16.44
18.59
-1.83
23.88
9.51
11.25
7.10
2.59
16.94
11.74
5.23
-2.56
-3.78
7.14
-2.94
-4.85
8.36
0.30
21.55
11.43
8.14
5.61
13.09
0.43
-7.25
0.42
8.22
7.52
7.25
3.13
16.56
2.85
-3.68
-2.01
22.46
-1.77
2.99
2.21
11.62
1.25
-2.96
-3.86
-17.41
-11.24
10.51
0.23
-12.74
-9.54
-3.51
-3.97
-0.45
2.92
18.48
5.59
15.45
18.10
-3.58
14.91
-9.31
-3.05
-3.15
-17.10
-9.72
-6.01
3.47
-8.10
-1.59
1.29
8.71
-2.02
15.64
3.74
24.78
11.55
-0.02
10.60
1.33
-5.58
1.94
-3.62
-0.95
0.42
37.19
7.27
24.05
19.69
25.85
-1.17
26.15
9.21
28.80
9.48
1.52
-10.92
-7.89
7.61
-10.56
3.74
-0.37
18.88
22.88
6.66
34.99
-1.53
4.89
4.14
-0.15
0.60
30.30
16.29
-3.25
-3.63
2.53
1.57
-3.10
-6.06
1.50
2.72
1.84
-0.94
-2.66
0.00
10.67
5.89
31.08
5.28
27.12
8.39
1.74
-0.22
4.63
-10.46
25.01
6.52
-2.96
-8.15
-31.64
-18.75
-27.07
-28.90
-15.54
-14.88
-14.35
-8.79
-17.97
-8.97
-4.32
-14.68
27.25
4.31
27.67
27.81
12.19
15.48
-1.20
-2.71
-14.46
-2.57
-3.00
-10.65
3.82
5.62
3.17
8.59
2.05
1.22
-6.96
-8.40
2.82
-1.33
-3.04
6.37
2.48
5.34
2.48
0.62
-3.52
3.63
1.43
0.20
-3.15
-7.77
0.87
-2.26
11.43
13.21
30.58
-0.99
3.25
3.14
-4.06
-1.26
-10.74
-9.42
-5.09
-1.35
-9.96
-10.54
-10.11
-7.92
-0.66
-0.93
8.46
3.47
8.37
7.45
10.88
2.37
-10.70
6.30
-1.34
1.25
-2.64
2.86

2.57
-0.90
9.46
-5.02
-2.79
0.00
-0.86
3.43
7.47
11.01
-4.85
-4.80
0.53
-3.69
-1.50
9.70
2.24
-3.54
11.62
-2.06
-2.10
-13.12
-8.80
1.37
1.38
-5.83
5.46
10.11
-4.42
-5.31
21.92
-5.50
-2.45
-3.40
-1.64
-6.04
-11.42
-6.10
12.12
17.17
-2.31
13.30
-3.92
11.42
-5.40
-15.93
-7.21
-4.28
5.56
0.00

-2.32
6.98
-6.20
-3.72
-1.73
9.49
22.68
-13.61
-3.64
12.24
0.00
4.48
-4.60
-20.36
-3.54
0.35
18.36
-2.16
5.04
8.48
-6.15
-11.65
-21.61
6.04
19.92
16.99
29.08
3.37
18.77
-19.12
-14.33
-11.70
11.46
14.86
-6.60
4.04
-1.23
11.08
14.86
4.45
-13.71
3.22
-0.61
-19.50
-2.61
-1.35
-1.89
16.33
9.77
3.91

-2.48
2.85
7.17
-6.21
-10.18
4.46
-2.78
2.06
2.80
2.92
-6.72
-8.24
-1.40
-3.58
4.77
6.61
2.14
2.73
11.31
-2.11
-5.10
-7.57
4.42
-0.94
9.03
-0.54
12.19
2.54
-11.55
-9.54
4.20
-8.45
4.24
-3.19
6.96
-5.16
-4.67
-3.79
1.11
-2.15
-3.89
8.66
1.29
7.87
-3.22
-7.30
-6.78
-17.21
3.97
-26.21

-2.45
9.41
16.98
-3.05
6.09
8.20
21.57
-3.31
-3.28
3.11
-3.99
20.74
-14.46
-11.91
-4.72
11.22
13.35
4.19
19.47
4.74
-8.63
-18.46
-9.70
11.34
13.95
6.11
23.72
-0.72
-9.57
-20.95
-22.73
-18.62
12.04
0.72
-2.14
-17.46
-15.86
10.48
13.26
0.84
-12.87
-10.00
13.23
-7.01
18.58
9.33
3.48
21.35
1.24
18.90

-4.21
10.27
8.44
-4.34
-6.86
10.46
-4.85
-4.00
3.86
-2.33
-4.09
-4.96
-4.99
4.39
-5.56
-3.36
6.34
-4.66
9.45
-0.81
-8.75
-19.13
-3.62
-22.38
15.39
6.57
21.96
19.94
7.52
2.25
6.13
-6.23
5.90
-1.63
-6.13
1.76
-4.47
18.75
3.94
23.21
10.54
-0.62
-5.00
-9.10
6.70
-22.10
-2.29
2.02
16.93
5.39

-0.62
-1.17
7.93
-0.57
4.83
9.57
10.86
-2.05
9.88
-7.45
2.66
-12.67
-3.06
5.48
-1.96
-6.40
7.48
-1.98
16.91
0.28
-3.18
-4.19
-5.65
-1.66
9.18
7.50
2.91
7.08
12.21
-2.84
1.44
-6.99
6.22
6.69
-1.61
1.39
-2.27
16.59
-7.32
0.28
-1.98
-5.16
2.19
3.25
-0.45
-1.91
3.02
2.25
6.10
-2.30

1.19
-1.00
-1.47
-0.98
-0.40
2.90
-8.63
9.37
16.25
-5.32
7.70
-10.38
4.62
8.19
-7.95
-11.49
10.57
6.64
6.61
3.80
6.08
-10.41
1.19
10.57
3.89
6.60
-1.48
5.92
-6.23
2.60
2.70
-12.21
7.01
-0.42
8.52
-0.55
3.14
7.94
2.39
-2.25
11.08
8.39
6.99
5.11
3.70
6.80
-1.02
-8.97
-0.07
-2.64

17.04
-0.80
1.00
8.66
-1.34
10.88
9.00
-2.94
-10.92
14.05
11.24
4.02
11.62
-4.58
-7.51
5.34
-4.94
-6.52
2.25
-1.80
-6.71
-15.74
-2.97
10.49
-7.72
10.21
3.22
2.55
7.13
-2.34
3.99
-2.74
-0.52
-6.67
11.60
9.01
-0.46
-1.89
3.90
1.89
2.35
-4.99
-6.93
2.58
-3.27
11.71
8.24
-3.24
5.82
-1.05

-0.42
-10.73
-2.84
-0.49
10.72
-30.23
-29.76
-4.06
-11.79
31.53
2.80
-7.13
11.96
11.82
-8.90
-9.77
-2.10
-9.42
27.13
7.78
-6.91
28.23
-13.49
4.69
3.51
-1.87
-10.76
8.50
8.96
11.71
-3.07
-4.20
-13.37
-2.52
5.32
-16.39
-13.32
-0.44
-10.68
-0.76
7.18
-19.62
4.77
10.20
-8.48
3.67
4.88
-13.50
-20.35
-2.25

2.29
6.64
-6.43
-4.41
9.69
-6.42
-9.88
3.44
-8.23
9.57
17.70
4.88
0.00
-5.99
3.32
5.25
10.04
-6.74
5.35
11.13
1.66
6.99
-4.72
3.91
-1.88
4.72
9.10
15.22
-1.46
3.26
13.38
-4.82
-8.60
2.90
-0.36
-5.44
18.75
13.24
-9.27
-3.14
-0.62
-7.25
8.59
6.71
8.87
3.60
23.89
-4.93
3.54
-8.15

4.87
-11.49
9.39
-3.54
21.20
-15.33
-3.83
15.12
7.14
16.14
7.22
2.08
16.41
14.97
-1.01
13.41
6.53
-17.86
-1.93
17.33
-12.42
22.99
-2.50
0.96
-9.49
-3.50
-0.37
10.54
3.29
15.29
11.88
-5.68
1.31
14.99
-11.24
-2.79
-1.82
7.43
-23.70
21.03
4.01
1.03
11.20
3.66
13.25
8.38
14.03
-6.15
16.64
-8.93

3.04
2.43
3.50
-1.64
11.35
-2.54
-11.11
2.95
-7.42
7.68
0.17
7.47
7.91
6.31
-9.13
-2.28
-2.18
-3.77
3.15
15.78
-2.46
12.02
-0.14
2.50
0.62
14.42
4.94
9.87
-0.19
13.17
4.53
2.73
4.47
11.09
-10.39
1.17
1.20
18.88
-6.40
12.48
0.59
-6.23
-11.67
-0.57
11.71
-9.49
22.10
-6.51
4.73
6.65

0.43
-5.66
-3.63
-9.89
9.60
-6.95
-3.09
2.37
-3.93
3.82
4.19
-0.26
-0.25
2.28
6.53
2.13
1.15
-6.67
2.95
5.11
-6.66
-0.24
-2.44
3.57
7.61
3.73
4.22
-1.06
2.42
-3.81
-2.20
3.50
9.19
5.81
1.07
0.94
3.92
-2.43
0.00
-0.37
6.85
5.27
-0.33
1.99
-0.33
1.99
10.73
-5.60
6.25
5.29

-3.47
10.23
6.55
-2.21
-2.68
-6.23
-8.29
13.39
-0.25
8.68
-2.85
6.75
8.48
0.58
-1.81
7.99
-3.85
-1.31
6.46
6.04
0.20
6.79
-0.93
4.43
-1.06
4.54
9.54
4.55
-0.58
6.40
4.86
-4.62
7.70
9.40
-0.99
1.23
0.22
8.23
11.98
-2.58
8.26
-1.25
0.83
-1.08
-17.64
3.47
-5.04
-1.49
-10.77
12.38

-4.31
4.51
0.02
-2.83
10.98
2.26
6.67
-4.11
-4.33
5.66

12.32
-6.87
-2.20
-14.30
22.86
24.26
-0.30
-21.46
4.20
-26.04

-4.52
16.95
8.03
4.35
17.17
-3.96
4.57
-7.08
11.39
-4.45

-3.01
11.42
26.64
-7.98
43.53
14.66
14.12
-14.38
-2.44
-9.46

-4.70
-1.64
-1.90
9.02
25.00
-12.14
13.34
-11.41
-0.81
2.27

-7.30
3.94
0.57
-2.19
2.38
-0.14
5.86
-11.49
8.83
1.88

-1.54
-3.38
1.10
0.91
-10.04
2.83
11.44
-7.27
4.02
2.87

Assets ->
Statistic

VW index S&P 500

Mean
Std. Deviation
Variance

1.19
1.48
0.46
1.03
0.97
4.179931 4.204618 0.136338 2.868553 2.171941
17.47182 17.67881 0.018588 8.228594 4.717329

Correlation matrix

VW index S&P 500

T-bills

Long
Term
Bond

Corp Bnd

T-bills

Long
Term
Bond

Corp Bnd

1.000

0.988

0.013

0.353

0.359

0.988

1.000

0.038

0.389

0.390

0.013

0.038

1.000

0.146

0.167

0.353

0.389

0.146

1.000

0.954

0.359

0.390

0.167

0.954

1.000

VW index

S&P 500

T-bills

Long Term Bond

Corp Bnd
Betas
R-squared

1.000
1.000

0.993
0.975

0.000
0.000

0.242
0.125

0.186
0.129

TOYOTA

1.71
8.198368
67.21325

GM

APPLE

IBM

COMPAQ HP

BUSCH

HEINEKE
N

1.02
0.88
0.89
4.04
1.81
1.66
1.94
7.520961 13.1586 7.626907 13.54428 9.527377 6.078936 7.0308432
56.56485 173.1488 58.16971 183.4475 90.77091 36.95347 49.432756

4.50

Average return

4.00

3.50

3.00

2.50

Indexes
Stocks

2.00

1.50

1.00

0.50

0.00
0

8
Risk (Std. dev)

10

12

14

16

Security Market Line (second pass regression line)

1.60

Average return

1.40
f(x) = 0.6686098426x + 0.7023015663
R = 0.7259830697
1.20

1.00

0.80

0.60

0.40

0.20

0.00
0.000

0.200

0.400

0.600
Beta

0.800

1.000

1.200