MERCADO DE CAPITALES

1. PORTAFOLIO

POR:
JUAN CARLOS MENDOZA RENTERIA 2. PORTAFOLIO SO
JHOAN ANDRES ARBOLEDA MOSQUERA
JORGE ANDRES RODRIGUEZ PERALTA
KEVIN ALEJADRO ARIAS HERNANDEZ 3. MAXIMIZACION
LUCILA ESTHER FLORES MURILLO

4. MINIMIZACION
PARA:
DANIEL ARTURO RUIZ ROJAS
5. PARTICIPACION

UNIVERSIDAD DE ANTIOQUIA
FACULTAD E CIENCIAS ECONOMICAS 6. PARTICIPACION
CONTADURIA PUBLICA
GERENCIA FINANCIERA
APARTADO
2020
. PORTAFOLIO

. PORTAFOLIO SOLUCION

. MAXIMIZACION RENTABILIDAD DE PORTAFOLIO

. MINIMIZACION RIESGO DE PORTAFOLIO

. PARTICIPACION OPTIMA ACTIVOS EN RIESGO PORTAFOLIO

. PARTICIPACION OPTIMA ACTIVOS EN RENTABILIDAD PORTAFOLIO

Date S&P 500 Walmart Disney IBM Exxon Grupo Aval
1/2/2019 2,510.03 93.34 108.97 115.21 69.69 6.07
1/3/2019 2,447.89 92.86 106.33 112.91 68.62 6.11
1/4/2019 2,531.94 93.44 109.61 117.32 71.15 6.45
1/7/2019 2,549.69 94.54 110.56 118.15 71.52 6.46
1/8/2019 2,574.41 95.20 111.42 119.83 72.04 6.49
1/9/2019 2,584.96 94.89 112.67 120.69 72.42 6.59
1/10/2019 2,596.64 94.96 112.80 121.79 72.05 6.81
1/11/2019 2,596.26 94.84 112.65 121.46 71.72 6.84
1/14/2019 2,582.61 94.95 112.42 120.39 71.63 6.86
1/15/2019 2,610.30 96.25 111.76 121.73 71.67 6.81
1/16/2019 2,616.10 96.35 110.91 121.62 71.64 6.86
1/17/2019 2,635.96 96.74 111.01 122.19 72.13 6.78
1/18/2019 2,670.71 97.73 111.04 123.82 72.99 6.74
1/22/2019 2,632.90 97.49 110.60 122.52 71.89 6.59
1/23/2019 2,638.70 98.71 111.12 132.89 71.30 6.55
1/24/2019 2,642.33 98.36 110.55 132.53 71.40 6.70
1/25/2019 2,664.76 96.94 111.09 133.97 71.72 6.84
1/28/2019 2,643.85 97.06 110.81 134.27 71.24 6.81
1/29/2019 2,640.00 96.71 110.90 134.33 71.51 6.83
1/30/2019 2,681.05 94.80 110.13 134.38 72.29 6.83
1/31/2019 2,704.10 95.83 111.52 134.42 73.28 6.93
2/1/2019 2,706.53 93.86 111.30 134.10 75.92 6.88
2/4/2019 2,724.87 94.77 111.80 135.19 74.82 7.10
2/5/2019 2,737.70 95.60 112.66 135.55 75.59 7.17
2/6/2019 2,731.61 95.64 111.41 136.32 75.26 7.13
2/7/2019 2,706.05 96.73 110.95 133.19 74.68 7.09
2/8/2019 2,707.88 95.58 111.51 133.71 73.98 7.06
2/11/2019 2,709.80 96.20 109.44 133.99 74.10 7.06
2/12/2019 2,744.73 96.97 109.20 136.05 75.40 7.14
2/13/2019 2,753.03 97.94 110.20 137.52 76.25 7.11
2/14/2019 2,745.73 98.52 110.66 136.48 76.27 7.12
2/15/2019 2,775.60 99.99 112.59 138.03 77.71 7.19
2/19/2019 2,779.76 102.20 113.51 138.70 78.23 7.30
2/20/2019 2,784.70 99.88 113.68 138.00 78.53 7.27
2/21/2019 2,774.88 99.39 114.29 137.84 77.82 7.27
2/22/2019 2,792.67 99.55 115.25 139.25 78.42 7.38
2/25/2019 2,796.11 99.12 113.59 139.46 78.50 7.51
2/26/2019 2,793.90 98.69 113.50 139.72 78.66 7.65
2/27/2019 2,792.38 98.11 112.78 139.17 79.47 7.52
2/28/2019 2,784.49 98.99 112.84 138.13 79.03 7.73
3/1/2019 2,803.69 97.93 114.01 139.20 80.00 7.60
3/4/2019 2,792.81 97.85 114.33 138.43 80.31 7.55
3/5/2019 2,789.65 98.34 114.00 137.88 80.19 7.53
 3/6/2019 2,771.45 98.26 114.85 136.98 79.28 7.68
3/7/2019 2,748.93 97.45 114.01 135.36 80.16 7.57
3/8/2019 2,743.07 97.59 113.81 135.09 79.01 7.54
3/11/2019 2,783.30 98.48 114.75 137.71 79.78 7.53
3/12/2019 2,791.52 98.37 114.73 138.28 80.00 7.64
3/13/2019 2,810.92 99.03 114.09 138.56 80.71 7.55
3/14/2019 2,808.48 98.22 114.48 138.79 80.44 7.63
3/15/2019 2,822.48 98.42 114.96 139.43 80.15 7.66
3/18/2019 2,832.94 99.66 113.12 140.21 81.08 7.80
3/19/2019 2,832.57 99.85 110.00 140.49 80.87 7.88
3/20/2019 2,824.23 98.64 109.99 139.60 81.32 7.88
3/21/2019 2,854.88 99.06 108.66 141.44 81.79 7.81
3/22/2019 2,800.71 98.28 108.23 139.45 80.48 7.75
3/25/2019 2,798.36 98.17 107.79 139.18 79.92 7.65
3/26/2019 2,818.46 98.32 110.14 140.22 80.96 7.69
3/27/2019 2,805.37 97.21 110.28 139.24 80.34 7.66
3/28/2019 2,815.44 97.13 110.71 139.92 80.74 7.66
3/29/2019 2,834.40 97.53 111.03 141.10 80.80 7.79
4/1/2019 2,867.19 97.82 112.51 143.30 81.73 7.82
4/2/2019 2,867.24 96.94 111.96 143.00 81.38 7.78
4/3/2019 2,873.40 97.19 112.52 143.63 80.90 7.80
4/4/2019 2,879.39 98.11 114.75 142.78 82.05 7.90
4/5/2019 2,892.74 98.83 115.00 143.28 82.49 7.98
4/8/2019 2,895.77 99.23 114.96 143.39 83.00 8.16
4/9/2019 2,878.20 98.69 116.86 142.11 81.93 8.45
4/10/2019 2,888.21 99.60 117.16 143.02 81.56 8.42
4/11/2019 2,888.32 100.80 116.60 143.78 81.95 8.40
4/12/2019 2,907.41 101.56 130.06 144.35 80.92 8.34
4/15/2019 2,905.58 102.43 132.04 143.90 80.65 8.26
4/16/2019 2,907.06 102.93 129.90 145.14 81.20 8.22
4/17/2019 2,900.45 103.16 131.75 139.11 81.43 8.33
4/18/2019 2,905.03 103.18 132.45 140.33 81.13 8.24
4/22/2019 2,907.97 102.37 131.68 138.89 82.90 8.22
4/23/2019 2,933.68 103.07 133.36 140.44 83.38 8.24
4/24/2019 2,927.25 103.53 135.10 139.95 81.76 8.06
4/25/2019 2,926.17 103.52 137.24 138.63 82.22 8.02
4/26/2019 2,939.88 101.53 139.92 139.44 80.49 8.01
4/29/2019 2,943.03 101.56 139.30 139.05 79.97 8.01
4/30/2019 2,945.83 102.84 136.97 140.27 80.28 7.86
5/1/2019 2,923.73 101.36 136.38 140.56 78.67 7.87
5/2/2019 2,917.52 101.15 134.14 139.59 77.29 7.83
5/3/2019 2,945.64 102.08 134.33 140.25 77.47 7.85
5/6/2019 2,932.47 102.46 135.00 140.38 77.13 7.77
5/7/2019 2,884.05 101.30 133.44 137.64 76.72 7.72
5/8/2019 2,879.42 100.30 134.99 138.00 76.84 7.72
 5/9/2019 2,870.72 99.54 133.59 135.34 76.77 7.65
5/10/2019 2,881.40 101.91 134.04 135.32 76.56 7.59
5/13/2019 2,811.87 99.89 131.34 131.42 75.71 7.41
5/14/2019 2,834.41 100.29 133.20 133.31 75.81 7.33
5/15/2019 2,850.96 99.88 134.68 134.40 76.37 7.21
5/16/2019 2,876.32 101.31 135.50 135.88 76.36 7.10
5/17/2019 2,859.53 100.86 135.04 134.32 75.91 7.02
5/20/2019 2,840.23 101.52 133.91 135.12 75.90 7.01
5/21/2019 2,864.36 101.12 134.09 136.45 76.25 7.12
5/22/2019 2,856.27 102.23 133.85 136.35 75.56 7.17
5/23/2019 2,822.24 101.86 132.73 132.39 73.79 6.94
5/24/2019 2,826.06 102.67 132.79 132.28 74.10 7.12
5/28/2019 2,802.39 102.42 132.62 130.46 72.61 6.87
5/29/2019 2,783.02 102.12 131.57 129.69 72.16 6.98
5/30/2019 2,788.86 102.19 132.20 129.57 71.97 7.01
5/31/2019 2,752.06 101.44 132.04 126.99 70.77 6.93
6/3/2019 2,744.45 101.96 132.47 128.27 71.88 7.01
6/4/2019 2,803.27 102.56 134.82 132.69 73.59 7.04
6/5/2019 2,826.15 104.42 135.94 131.49 72.98 6.94
6/6/2019 2,843.49 105.11 137.21 132.22 74.31 6.96
6/7/2019 2,873.34 106.06 138.04 133.31 74.58 7.09
6/10/2019 2,886.73 107.52 137.07 134.74 74.91 7.20
6/11/2019 2,885.72 107.94 135.08 135.95 74.84 7.23
6/12/2019 2,879.84 108.82 135.72 134.87 74.03 7.25
6/13/2019 2,891.64 108.65 141.74 135.76 74.68 7.41
6/14/2019 2,886.98 109.07 141.65 135.15 74.35 7.42
6/17/2019 2,889.67 109.16 140.97 134.95 75.09 7.39
6/18/2019 2,917.75 109.65 139.24 136.38 75.74 7.59
6/19/2019 2,926.46 109.62 140.92 137.08 75.32 7.62
6/20/2019 2,954.18 110.32 142.02 138.85 76.61 7.78
6/21/2019 2,950.46 111.13 140.23 139.20 77.69 7.64
6/24/2019 2,945.35 111.24 139.22 139.35 76.95 7.83
6/25/2019 2,917.38 110.72 139.94 138.36 76.27 7.88
6/26/2019 2,913.78 110.16 140.40 138.52 76.60 7.84
6/27/2019 2,924.92 110.10 139.30 138.52 75.82 7.86
6/28/2019 2,941.76 110.49 139.64 137.90 76.63 7.97
7/1/2019 2,964.33 110.62 141.65 139.88 76.56 8.00
7/2/2019 2,973.01 111.60 142.53 140.22 75.72 7.87
7/3/2019 2,995.82 112.32 142.98 141.54 76.44 7.89
7/5/2019 2,990.41 111.98 142.45 141.38 76.13 8.23
7/8/2019 2,975.95 112.72 141.02 140.57 76.48 8.03
7/9/2019 2,979.63 112.88 141.61 139.33 76.43 8.13
7/10/2019 2,993.07 112.98 143.54 140.47 77.51 8.13
7/11/2019 2,999.91 113.92 143.56 141.24 77.57 8.09
7/12/2019 3,013.77 114.60 144.88 142.74 77.63 8.00
7/15/2019 3,014.30 114.98 145.06 143.32 77.08 8.10
7/16/2019 3,004.04 114.76 144.30 143.53 75.93 8.16
7/17/2019 2,984.42 114.60 142.57 143.07 75.48 8.21
7/18/2019 2,995.11 114.72 141.63 149.63 74.84 8.09
7/19/2019 2,976.61 113.90 139.85 149.68 74.99 8.11
7/22/2019 2,985.03 112.82 140.84 149.74 75.07 8.14
7/23/2019 3,005.47 112.09 141.26 150.38 75.37 8.14
7/24/2019 3,019.56 112.00 141.29 150.03 75.36 8.12
7/25/2019 3,003.67 112.22 143.21 150.39 74.93 7.88
7/26/2019 3,025.86 113.02 144.65 151.36 74.81 7.92
7/29/2019 3,020.97 112.27 146.39 150.88 75.34 7.86
7/30/2019 3,013.18 112.06 144.93 149.77 75.35 7.54
7/31/2019 2,980.38 110.38 143.01 148.24 74.36 7.51
8/1/2019 2,953.56 109.38 141.85 150.32 72.46 7.45
8/2/2019 2,932.05 109.40 141.71 147.25 71.75 7.39
8/5/2019 2,844.74 105.82 138.30 140.76 70.28 7.07
8/6/2019 2,881.77 107.27 141.87 140.73 70.96 7.18
8/7/2019 2,883.98 108.20 134.86 139.11 70.50 7.32
8/8/2019 2,938.09 108.52 137.89 140.10 72.38 7.36
8/9/2019 2,918.65 107.28 138.52 136.13 70.84 7.35
8/12/2019 2,882.70 105.22 135.75 134.12 69.63 7.24
8/13/2019 2,926.32 107.41 137.01 135.79 70.49 7.40
8/14/2019 2,840.60 106.20 132.85 131.25 67.65 7.08
8/15/2019 2,847.60 112.69 133.41 131.92 67.25 7.14
8/16/2019 2,888.68 112.99 135.20 133.76 68.30 7.22
8/19/2019 2,923.65 113.81 135.29 135.04 69.45 7.17
8/20/2019 2,900.51 112.05 135.13 133.00 69.03 7.30
8/21/2019 2,924.43 112.02 135.76 134.25 69.72 7.47
8/22/2019 2,922.95 111.91 136.08 134.32 69.57 7.32
8/23/2019 2,847.11 110.83 131.67 129.57 67.49 7.15
8/26/2019 2,878.38 111.99 134.61 129.99 67.85 7.19
8/27/2019 2,869.16 112.42 134.49 131.17 67.19 7.00
8/28/2019 2,887.94 112.72 136.55 132.76 67.68 7.10
8/29/2019 2,924.58 114.08 137.84 134.88 68.43 7.31
8/30/2019 2,926.46 114.26 137.26 135.53 68.48 7.33
9/3/2019 2,906.27 114.64 136.31 134.10 68.56 7.35
9/4/2019 2,937.78 115.91 137.89 136.32 69.29 7.41
9/5/2019 2,976.00 115.44 138.84 140.97 70.27 7.46
9/6/2019 2,978.71 114.73 139.55 140.57 70.93 7.47
9/9/2019 2,978.43 116.33 138.83 142.60 71.49 7.45
9/10/2019 2,979.39 116.05 135.79 145.05 72.07 7.40
9/11/2019 3,000.93 116.02 136.19 143.60 71.93 7.56
9/12/2019 3,009.57 116.92 137.50 143.62 71.98 7.67
9/13/2019 3,007.39 117.43 138.02 143.67 72.64 7.63
9/16/2019 2,997.96 115.57 135.80 142.48 73.73 7.71
 9/17/2019 3,005.70 116.51 136.31 142.20 73.17 7.56
9/18/2019 3,006.73 117.16 136.80 142.22 72.82 7.64
9/19/2019 3,006.79 117.11 133.30 142.97 72.33 7.65
9/20/2019 2,992.07 116.98 132.27 141.88 72.08 7.55
9/23/2019 2,991.78 117.62 132.46 142.07 72.13 7.57
9/24/2019 2,966.60 118.40 131.97 141.68 71.14 7.58
9/25/2019 2,984.87 118.47 133.09 143.16 71.35 7.54
9/26/2019 2,977.62 118.30 131.27 143.55 70.97 7.51
9/27/2019 2,961.79 118.45 129.96 143.24 71.48 7.42
9/30/2019 2,976.74 118.68 130.32 145.42 70.61 7.46
10/1/2019 2,940.25 117.85 129.55 143.66 68.95 7.40
10/2/2019 2,887.61 116.12 129.14 141.69 67.15 7.38
10/3/2019 2,910.63 116.31 128.15 142.02 67.98 7.47
10/4/2019 2,952.01 118.16 130.27 142.99 68.97 7.61
10/7/2019 2,938.79 117.23 130.90 141.28 68.02 7.55
10/8/2019 2,893.06 117.58 128.47 138.38 66.70 7.39
10/9/2019 2,919.40 118.93 129.33 139.67 67.44 7.52
10/10/2019 2,938.13 119.61 129.34 141.13 68.25 7.44
10/11/2019 2,970.27 120.24 130.02 142.76 68.98 7.49
10/14/2019 2,966.15 119.17 129.70 142.04 69.18 7.43
10/15/2019 2,995.68 119.53 129.76 143.00 69.42 7.36
10/16/2019 2,989.69 119.42 130.86 142.11 68.23 7.40
10/17/2019 2,997.95 119.84 132.37 134.26 68.14 7.45
10/18/2019 2,986.20 119.14 130.89 134.09 67.61 7.50
10/21/2019 3,006.72 119.74 130.26 132.58 68.74 7.48
10/22/2019 2,995.99 119.58 132.40 133.96 69.09 7.73
10/23/2019 3,004.52 119.35 131.13 134.38 69.75 7.67
10/24/2019 3,010.29 119.10 130.26 134.07 69.09 7.82
10/25/2019 3,022.55 119.04 130.90 135.44 69.25 7.92
10/28/2019 3,039.42 119.22 130.53 135.97 68.64 7.99
10/29/2019 3,036.89 117.15 129.48 133.82 68.44 8.18
10/30/2019 3,046.77 118.10 129.60 135.25 67.72 8.15
10/31/2019 3,037.56 117.26 129.92 133.73 67.57 8.15
11/1/2019 3,066.91 117.62 132.75 135.53 69.60 8.35
11/4/2019 3,078.27 117.57 132.92 137.67 71.67 8.34
11/5/2019 3,074.62 118.86 131.45 137.89 73.09 8.47
11/6/2019 3,076.78 119.50 131.27 138.78 71.49 8.36
11/7/2019 3,085.18 120.23 132.96 137.69 73.01 8.39
11/8/2019 3,093.08 119.44 137.96 137.61 70.77 8.38
11/11/2019 3,087.01 119.04 136.74 135.47 70.34 8.44
11/12/2019 3,091.84 119.12 138.58 135.59 69.37 8.36
11/13/2019 3,094.04 120.98 148.72 134.48 68.80 8.06
11/14/2019 3,096.63 120.65 147.15 134.00 68.50 8.02
11/15/2019 3,120.46 118.87 144.67 134.40 69.19 8.20
11/18/2019 3,122.03 120.25 147.65 134.31 68.52 8.29
11/19/2019 3,120.18 119.89 148.38 134.52 67.82 8.21
11/20/2019 3,108.46 119.13 146.93 133.20 68.03 8.11
11/21/2019 3,103.54 119.86 146.90 133.84 69.67 7.96
11/22/2019 3,110.29 119.36 148.29 134.34 69.37 8.02
11/25/2019 3,133.64 118.92 149.69 135.97 68.91 7.96
11/26/2019 3,140.52 119.19 151.64 135.09 68.74 7.76
11/27/2019 3,153.63 118.76 151.48 133.77 68.70 7.80
11/29/2019 3,140.98 119.09 151.58 134.45 68.13 7.98
12/2/2019 3,113.87 119.28 150.62 132.91 68.42 7.98
12/3/2019 3,093.20 118.67 148.58 132.12 67.88 8.10
12/4/2019 3,112.76 118.69 148.28 131.99 68.65 8.05
12/5/2019 3,117.43 118.66 147.44 131.91 68.41 8.10
12/6/2019 3,145.91 119.78 147.66 133.22 69.51 8.25
12/9/2019 3,135.96 119.36 146.21 133.92 69.66 8.24
12/10/2019 3,132.52 119.14 146.10 133.91 69.06 8.25
12/11/2019 3,141.63 119.00 147.59 133.76 68.96 8.31
12/12/2019 3,168.57 119.76 147.76 135.32 70.34 8.38
12/13/2019 3,168.80 120.29 146.38 134.21 69.23 8.38
12/16/2019 3,191.45 120.54 148.46 134.13 70.00 8.39
12/17/2019 3,192.52 121.28 147.73 134.22 69.68 8.42
12/18/2019 3,191.14 119.86 146.26 134.41 69.87 8.50
12/19/2019 3,205.37 120.08 146.15 134.56 69.39 8.60
12/20/2019 3,221.22 120.29 146.88 135.59 69.94 8.60
12/23/2019 3,224.01 119.03 144.68 135.55 70.29 8.76
12/24/2019 3,223.38 119.51 145.29 134.98 70.02 8.71
12/26/2019 3,239.91 119.52 145.70 134.91 70.13 8.77
12/27/2019 3,240.02 119.59 145.75 135.27 69.89 8.72
12/30/2019 3,221.29 119.40 143.77 132.81 69.48 8.65
12/31/2019 3,230.78 118.84 144.63 134.04 69.78 8.72
1/2/2020 3,257.85 118.94 148.20 135.42 70.90 8.80
1/3/2020 3,234.85 117.89 146.50 134.34 70.33 8.81
1/6/2020 3,246.28 117.65 145.65 134.10 70.87 8.84
1/7/2020 3,237.18 116.56 145.70 134.19 70.29 8.76
1/8/2020 3,253.05 116.16 145.40 135.31 69.23 8.86
1/9/2020 3,274.70 117.36 144.83 136.74 69.76 8.85
1/10/2020 3,265.35 116.38 144.62 136.69 69.14 8.84
1/13/2020 3,288.13 115.88 143.88 136.60 69.80 8.85
1/14/2020 3,283.15 116.18 145.20 135.82 69.20 8.88
1/15/2020 3,289.29 115.28 144.32 136.62 69.09 8.78
1/16/2020 3,316.81 115.90 145.12 137.98 68.82 8.68
1/17/2020 3,329.62 114.96 144.33 138.31 68.56 8.68
1/21/2020 3,320.79 115.59 143.56 139.17 67.58 8.60
1/22/2020 3,321.75 116.10 144.01 143.89 67.19 8.73
1/23/2020 3,325.54 115.81 142.20 142.87 66.77 8.67
1/24/2020 3,295.47 114.37 140.08 140.56 66.32 8.55
1/27/2020 3,243.63 115.86 135.90 138.62 64.74 8.32
1/28/2020 3,276.24 116.60 138.37 139.55 64.65 8.45
1/29/2020 3,273.40 115.89 136.06 137.69 64.11 8.45
1/30/2020 3,283.66 116.58 137.81 136.77 64.79 8.47
1/31/2020 3,225.52 114.49 138.31 143.73 62.12 8.45
2/3/2020 3,248.92 114.27 141.32 146.27 60.73 8.47
2/4/2020 3,297.59 115.27 144.73 149.11 59.97 8.61
2/5/2020 3,334.69 116.81 141.37 156.33 62.73 8.68
2/6/2020 3,345.78 116.31 142.70 156.76 61.88 8.66
2/7/2020 3,327.71 116.45 141.02 153.41 61.47 8.55
2/10/2020 3,352.09 115.25 142.59 154.43 59.96 8.49
2/11/2020 3,357.75 115.40 141.01 153.48 60.53 8.55
2/12/2020 3,379.45 115.85 141.85 155.31 61.27 8.63
2/13/2020 3,373.94 117.44 140.90 154.31 60.93 8.69
2/14/2020 3,380.16 117.89 139.54 150.70 60.65 8.68
2/18/2020 3,370.29 119.63 139.14 151.10 59.88 8.75
2/19/2020 3,386.15 117.68 141.30 150.86 60.34 8.82
2/20/2020 3,373.23 117.69 140.37 151.22 59.86 8.73
2/21/2020 3,337.75 118.58 138.97 149.84 59.13 8.70
2/24/2020 3,225.89 116.32 133.01 146.43 56.36 8.62
2/25/2020 3,128.21 114.39 128.19 141.71 54.20 8.61
2/26/2020 3,116.39 113.78 123.36 139.75 53.01 8.44
2/27/2020 2,978.76 110.40 118.04 133.11 49.82 8.22
2/28/2020 2,954.22 107.68 117.65 130.15 51.44 8.13
3/2/2020 3,090.23 115.88 119.98 134.30 53.88 8.18
3/3/2020 3,003.37 112.91 116.45 128.90 51.30 8.08
3/4/2020 3,130.12 116.77 119.18 134.22 52.42 8.14
3/5/2020 3,023.94 115.92 113.98 129.55 50.11 8.01
3/6/2020 2,972.37 117.23 115.27 127.73 47.69 7.70
3/9/2020 2,746.56 117.16 104.35 117.81 41.86 6.79
3/10/2020 2,882.23 119.79 111.46 124.77 43.41 6.80
3/11/2020 2,741.38 114.43 105.51 117.97 41.98 6.24
3/12/2020 2,480.64 104.05 91.81 102.81 37.18 5.23
3/13/2020 2,711.02 114.10 102.52 107.95 38.12 5.95
3/16/2020 2,386.13 106.76 95.01 99.08 34.49 4.69
3/17/2020 2,529.19 119.26 93.53 106.65 36.81 4.55
3/18/2020 2,398.10 122.58 88.80 103.55 33.12 3.71
3/19/2020 2,409.39 119.45 94.93 100.34 34.43 3.75
3/20/2020 2,304.92 113.97 85.98 95.39 32.74 3.59
3/23/2020 2,237.40 114.28 85.76 94.77 31.45 3.34
3/24/2020 2,447.33 115.03 98.12 105.48 35.44 3.48
3/25/2020 2,475.56 109.40 100.73 105.85 37.29 4.08
3/26/2020 2,630.07 109.82 105.36 112.89 38.82 4.72
3/27/2020 2,541.47 109.58 96.40 108.03 36.95 4.48
3/30/2020 2,626.65 115.19 99.80 112.93 37.50 4.35
 Banco
Santander de US Oil Gas
Brasil
12.16 9.85 391.70
12.39 9.95 379.40
12.8 10.18 418.60
12.75 10.29 384.80
12.55 10.50 400.80
12.74 11.05 407.40
12.78 11.10 401.00
12.77 10.90 459.90
13.02 10.69 607.70
12.6 11.00 574.00
12.55 11.06 546.50
12.62 11.03 549.40
12.87 11.31 555.60
12.63 11.12 446.80
13.25 11.05 430.40
13.14 11.17 460.90
13.2 11.25 482.10
13.17 10.95 394.80
13.2 11.16 399.60
13.05 11.40 385.70
13.3 11.35 373.20
13.3 11.63 335.80
13.7 11.50 308.30
13.56 11.29 316.30
12.88 11.32 311.90
12.87 11.07 274.80
13.1 11.08 286.80
12.87 11.01 299.60
13.18 11.16 305.60
12.78 11.34 286.20
13.17 11.48 278.50
13.26 11.71 292.30
13.28 11.78 303.90
12.99 11.93 299.40
12.92 11.88 315.70
12.93 11.95 315.50
12.7 11.57 345.20
12.65 11.63 331.90
12.49 11.89 343.60
11.98 11.95 343.20
11.75 11.66 358.20
11.78 11.80 360.80
11.79 11.82 373.40
11.39 11.75 358.20
11.37 11.81 364.70
11.5 11.73 363.50
11.94 11.86 332.50
11.97 11.89 338.50
12.36 12.19 348.60
12.13 12.22 355.20
12.09 12.20 336.10
12.33 12.31 353.50
12.2 12.28 357.80
12.08 12.50 349.10
11.71 12.44 344.60
11.07 12.23 325.80
11.3 12.25 324.90
11.42 12.47 317.00
10.58 12.34 308.60
11.08 12.35 307.20
11.23 12.50 289.80
11.52 12.82 300.30
11.45 13.01 296.30
11.3 12.99 290.30
11.62 12.92 280.60
11.83 13.15 289.30
11.79 13.40 302.10
11.64 13.33 301.40
11.76 13.41 298.50
11.52 13.27 290.20
11.45 13.30 284.60
11.5 13.24 264.80
11.66 13.37 259.50
11.19 13.28 240.40
11.45 13.32 235.00
11.57 13.67 242.20
11.71 13.79 225.30
11.38 13.68 225.30
11.47 13.53 235.70
11.61 13.09 248.50
11.6 13.23 251.20
11.45 13.29 246.00
11.33 13.22 256.50
11.37 12.82 248.30
11.46 12.87 241.30
11.12 13.07 232.30
10.98 12.73 235.40
11.33 12.89 253.30
11.09 12.81 248.50
11.05 12.84 257.60
10.58 12.68 256.60
10.92 12.87 264.70
10.72 12.97 251.60
10.4 13.14 261.10
10.11 13.08 257.60
10.39 13.15 268.20
10.91 13.13 253.90
10.79 12.74 230.90
10.56 12.09 237.00
10.66 12.23 241.30
11 12.23 235.10
11.28 12.24 245.20
11.49 11.76 227.80
11.52 11.10 201.20
11.53 10.99 187.80
11.7 11.16 192.10
11.36 10.77 181.30
11.49 11.06 172.10
11.55 11.23 173.00
11.39 11.11 177.20
11.54 11.11 185.50
11.35 10.64 180.90
11.33 10.88 170.20
11.07 10.94 182.80
11.06 10.81 178.70
11.45 11.25 166.60
11.58 11.33 157.30
11.88 11.85 140.00
11.8 11.97 137.30
12.02 12.01 157.50
11.69 12.00 154.10
11.78 12.29 155.30
11.83 12.29 165.30
11.87 12.04 164.00
11.92 12.28 153.10
11.9 11.70 148.10
12.06 11.77 156.80
12.46 11.95 182.30
12.2 11.93 181.90
12.24 12.04 185.10
12.39 12.53 191.40
12.35 12.55 181.30
12.37 12.52 192.10
12.22 12.30 179.90
12.31 12.07 160.70
12.41 11.75 158.30
12.8 11.56 154.00
12.42 11.67 147.20
12.42 11.68 158.30
12.31 11.81 153.90
12.14 11.59 141.70
11.86 11.60 143.50
11.98 11.65 132.10
11.91 11.82 124.10
11.56 12.08 127.40
11.28 12.04 146.10
11.04 11.31 132.10
10.89 11.48 126.40
10.47 11.37 116.40
10.66 11.14 120.10
10.86 10.84 116.80
11.29 10.96 122.80
11.12 11.28 122.10
10.87 11.36 120.60
10.98 11.87 127.50
10.39 11.44 127.80
10.57 11.35 138.50
10.61 11.40 134.10
10.35 11.66 134.60
10.32 11.63 136.90
10.41 11.61 129.60
10.26 11.53 126.00
9.86 11.19 126.10
9.83 11.18 138.10
9.78 11.42 132.40
9.88 11.64 139.00
10.14 11.78 149.00
10.25 11.46 147.10
9.87 11.22 159.40
10.13 11.71 178.70
10.48 11.70 178.70
10.75 11.77 189.60
10.98 12.08 214.20
10.88 11.98 211.70
10.89 11.68 202.80
10.91 11.47 207.80
11.01 11.44 221.00
10.79 12.83 236.80
 10.9 12.29 228.50
10.86 12.10 219.80
10.66 12.19 200.00
10.59 12.20 195.50
10.42 12.21 195.20
10.57 11.90 187.10
10.67 11.80 186.00
10.77 11.80 170.50
11.07 11.66 160.60
10.89 11.34 145.90
10.8 11.19 139.80
10.56 10.98 133.60
10.75 10.93 147.30
10.97 11.04 149.60
10.57 11.04 141.00
10.61 10.89 138.20
10.86 10.99 128.80
11.02 11.19 123.80
11.2 11.42 131.10
11.26 11.18 137.20
11 11.06 142.60
11.21 11.14 134.60
11.08 11.28 140.10
11.11 11.22 144.30
11.09 11.21 129.70
11.69 11.34 129.00
12.01 11.65 126.00
12.06 11.73 131.80
12.25 11.83 130.90
12.35 11.65 146.90
12.22 11.58 157.30
12.03 11.47 169.00
11.74 11.30 158.00
11.77 11.69 170.40
11.74 11.81 193.10
11.95 11.93 203.70
11.6 11.81 194.00
11.57 11.88 186.60
11.13 11.99 185.90
11.25 11.89 156.50
10.97 11.87 154.10
10.76 11.96 160.50
10.87 11.91 154.40
11 12.08 158.40
10.81 11.90 137.40
10.75 11.57 130.40
10.67 11.90 136.20
10.88 12.20 139.10
10.97 12.11 150.50
10.84 12.11 130.30
10.56 12.19 122.50
10.42 12.14 118.00
10.39 11.62 92.70
10.5 11.67 93.50
10.57 11.76 105.60
10.71 12.19 101.80
10.78 12.19 102.40
10.74 12.32 93.60
10.71 12.33 82.20
10.69 12.39 83.50
10.73 12.30 80.90
10.86 12.37 89.80
10.8 12.49 85.70
11.04 12.59 90.80
11.03 12.72 87.70
11.36 12.74 83.30
11.49 12.78 84.40
11.48 12.63 88.00
11.56 12.70 77.91
11.55 12.77 75.80
11.85 12.89 82.06
11.89 12.91 79.60
12.21 12.89 73.82
12.13 12.81 72.93
12.64 12.81 67.91
12.59 13.18 67.05
11.64 13.16 69.75
11.57 13.13 70.09
11.5 12.66 69.72
11.29 12.49 70.47
11.13 12.41 74.09
11.17 12.20 72.97
11.13 12.28 71.68
10.71 12.18 65.82
10.78 12.29 61.84
11.08 12.33 56.06
10.35 12.24 48.95
10.4 11.90 49.70
10.63 11.66 50.05
10.5 11.43 46.64
10.32 11.10 46.88
10.33 11.25 49.35
10.07 11.16 46.85
10.09 11.08 43.65
9.7 10.84 44.15
9.85 10.49 42.62
9.86 10.44 46.66
9.93 10.70 46.20
9.69 10.74 45.71
9.69 10.58 44.81
9.87 10.42 38.86
9.8 10.50 40.20
9.76 10.81 43.69
9.57 10.84 42.36
9.49 10.95 42.41
9.29 10.95 48.87
9.41 11.18 50.40
9.38 11.28 46.60
9.29 11.16 45.80
8.72 10.74 41.58
8.62 10.40 41.00
8.57 10.19 39.44
8.5 9.78 34.09
8.71 9.45 31.20
8.77 9.92 34.56
8.55 9.89 37.22
8.38 9.86 39.39
8.14 9.61 34.97
7.87 8.73 32.32
6.8 6.52 38.10
7.25 7.24 44.57
6.52 6.94 40.90
5.55 6.54 38.08
6.33 6.96 41.54
5.22 6.05 35.64
5.5 5.71 31.21
4.8 4.71 26.55
5 5.37 28.63
4.99 4.94 25.13
4.67 4.88 25.76
5.47 4.98 28.98
5.87 5.08 28.14
5.98 4.83 26.61
5.36 4.47 25.86
5.41 4.23 26.76
Date S&P 500 Walmart Disney IBM Exxon Grupo Aval
1/2/2019 2,510.03 93.34 108.97 115.21 69.69 6.07
1/3/2019 2,447.89 92.86 106.33 112.91 68.62 6.11
1/4/2019 2,531.94 93.44 109.61 117.32 71.15 6.45
1/7/2019 2,549.69 94.54 110.56 118.15 71.52 6.46
1/8/2019 2,574.41 95.20 111.42 119.83 72.04 6.49
1/9/2019 2,584.96 94.89 112.67 120.69 72.42 6.59
1/10/2019 2,596.64 94.96 112.80 121.79 72.05 6.81
1/11/2019 2,596.26 94.84 112.65 121.46 71.72 6.84
1/14/2019 2,582.61 94.95 112.42 120.39 71.63 6.86
1/15/2019 2,610.30 96.25 111.76 121.73 71.67 6.81
1/16/2019 2,616.10 96.35 110.91 121.62 71.64 6.86
1/17/2019 2,635.96 96.74 111.01 122.19 72.13 6.78
1/18/2019 2,670.71 97.73 111.04 123.82 72.99 6.74
1/22/2019 2,632.90 97.49 110.60 122.52 71.89 6.59
1/23/2019 2,638.70 98.71 111.12 132.89 71.30 6.55
1/24/2019 2,642.33 98.36 110.55 132.53 71.40 6.70
1/25/2019 2,664.76 96.94 111.09 133.97 71.72 6.84
1/28/2019 2,643.85 97.06 110.81 134.27 71.24 6.81
1/29/2019 2,640.00 96.71 110.90 134.33 71.51 6.83
1/30/2019 2,681.05 94.80 110.13 134.38 72.29 6.83
1/31/2019 2,704.10 95.83 111.52 134.42 73.28 6.93
2/1/2019 2,706.53 93.86 111.30 134.10 75.92 6.88
2/4/2019 2,724.87 94.77 111.80 135.19 74.82 7.10
2/5/2019 2,737.70 95.60 112.66 135.55 75.59 7.17
2/6/2019 2,731.61 95.64 111.41 136.32 75.26 7.13
2/7/2019 2,706.05 96.73 110.95 133.19 74.68 7.09
2/8/2019 2,707.88 95.58 111.51 133.71 73.98 7.06
2/11/2019 2,709.80 96.20 109.44 133.99 74.10 7.06
2/12/2019 2,744.73 96.97 109.20 136.05 75.40 7.14
2/13/2019 2,753.03 97.94 110.20 137.52 76.25 7.11
2/14/2019 2,745.73 98.52 110.66 136.48 76.27 7.12
2/15/2019 2,775.60 99.99 112.59 138.03 77.71 7.19
2/19/2019 2,779.76 102.20 113.51 138.70 78.23 7.30
2/20/2019 2,784.70 99.88 113.68 138.00 78.53 7.27
2/21/2019 2,774.88 99.39 114.29 137.84 77.82 7.27
2/22/2019 2,792.67 99.55 115.25 139.25 78.42 7.38
2/25/2019 2,796.11 99.12 113.59 139.46 78.50 7.51
2/26/2019 2,793.90 98.69 113.50 139.72 78.66 7.65
2/27/2019 2,792.38 98.11 112.78 139.17 79.47 7.52
2/28/2019 2,784.49 98.99 112.84 138.13 79.03 7.73
3/1/2019 2,803.69 97.93 114.01 139.20 80.00 7.60
3/4/2019 2,792.81 97.85 114.33 138.43 80.31 7.55
3/5/2019 2,789.65 98.34 114.00 137.88 80.19 7.53
 3/6/2019 2,771.45 98.26 114.85 136.98 79.28 7.68
3/7/2019 2,748.93 97.45 114.01 135.36 80.16 7.57
3/8/2019 2,743.07 97.59 113.81 135.09 79.01 7.54
3/11/2019 2,783.30 98.48 114.75 137.71 79.78 7.53
3/12/2019 2,791.52 98.37 114.73 138.28 80.00 7.64
3/13/2019 2,810.92 99.03 114.09 138.56 80.71 7.55
3/14/2019 2,808.48 98.22 114.48 138.79 80.44 7.63
3/15/2019 2,822.48 98.42 114.96 139.43 80.15 7.66
3/18/2019 2,832.94 99.66 113.12 140.21 81.08 7.80
3/19/2019 2,832.57 99.85 110.00 140.49 80.87 7.88
3/20/2019 2,824.23 98.64 109.99 139.60 81.32 7.88
3/21/2019 2,854.88 99.06 108.66 141.44 81.79 7.81
3/22/2019 2,800.71 98.28 108.23 139.45 80.48 7.75
3/25/2019 2,798.36 98.17 107.79 139.18 79.92 7.65
3/26/2019 2,818.46 98.32 110.14 140.22 80.96 7.69
3/27/2019 2,805.37 97.21 110.28 139.24 80.34 7.66
3/28/2019 2,815.44 97.13 110.71 139.92 80.74 7.66
3/29/2019 2,834.40 97.53 111.03 141.10 80.80 7.79
4/1/2019 2,867.19 97.82 112.51 143.30 81.73 7.82
4/2/2019 2,867.24 96.94 111.96 143.00 81.38 7.78
4/3/2019 2,873.40 97.19 112.52 143.63 80.90 7.80
4/4/2019 2,879.39 98.11 114.75 142.78 82.05 7.90
4/5/2019 2,892.74 98.83 115.00 143.28 82.49 7.98
4/8/2019 2,895.77 99.23 114.96 143.39 83.00 8.16
4/9/2019 2,878.20 98.69 116.86 142.11 81.93 8.45
4/10/2019 2,888.21 99.60 117.16 143.02 81.56 8.42
4/11/2019 2,888.32 100.80 116.60 143.78 81.95 8.40
4/12/2019 2,907.41 101.56 130.06 144.35 80.92 8.34
4/15/2019 2,905.58 102.43 132.04 143.90 80.65 8.26
4/16/2019 2,907.06 102.93 129.90 145.14 81.20 8.22
4/17/2019 2,900.45 103.16 131.75 139.11 81.43 8.33
4/18/2019 2,905.03 103.18 132.45 140.33 81.13 8.24
4/22/2019 2,907.97 102.37 131.68 138.89 82.90 8.22
4/23/2019 2,933.68 103.07 133.36 140.44 83.38 8.24
4/24/2019 2,927.25 103.53 135.10 139.95 81.76 8.06
4/25/2019 2,926.17 103.52 137.24 138.63 82.22 8.02
4/26/2019 2,939.88 101.53 139.92 139.44 80.49 8.01
4/29/2019 2,943.03 101.56 139.30 139.05 79.97 8.01
4/30/2019 2,945.83 102.84 136.97 140.27 80.28 7.86
5/1/2019 2,923.73 101.36 136.38 140.56 78.67 7.87
5/2/2019 2,917.52 101.15 134.14 139.59 77.29 7.83
5/3/2019 2,945.64 102.08 134.33 140.25 77.47 7.85
5/6/2019 2,932.47 102.46 135.00 140.38 77.13 7.77
5/7/2019 2,884.05 101.30 133.44 137.64 76.72 7.72
5/8/2019 2,879.42 100.30 134.99 138.00 76.84 7.72
 5/9/2019 2,870.72 99.54 133.59 135.34 76.77 7.65
5/10/2019 2,881.40 101.91 134.04 135.32 76.56 7.59
5/13/2019 2,811.87 99.89 131.34 131.42 75.71 7.41
5/14/2019 2,834.41 100.29 133.20 133.31 75.81 7.33
5/15/2019 2,850.96 99.88 134.68 134.40 76.37 7.21
5/16/2019 2,876.32 101.31 135.50 135.88 76.36 7.10
5/17/2019 2,859.53 100.86 135.04 134.32 75.91 7.02
5/20/2019 2,840.23 101.52 133.91 135.12 75.90 7.01
5/21/2019 2,864.36 101.12 134.09 136.45 76.25 7.12
5/22/2019 2,856.27 102.23 133.85 136.35 75.56 7.17
5/23/2019 2,822.24 101.86 132.73 132.39 73.79 6.94
5/24/2019 2,826.06 102.67 132.79 132.28 74.10 7.12
5/28/2019 2,802.39 102.42 132.62 130.46 72.61 6.87
5/29/2019 2,783.02 102.12 131.57 129.69 72.16 6.98
5/30/2019 2,788.86 102.19 132.20 129.57 71.97 7.01
5/31/2019 2,752.06 101.44 132.04 126.99 70.77 6.93
6/3/2019 2,744.45 101.96 132.47 128.27 71.88 7.01
6/4/2019 2,803.27 102.56 134.82 132.69 73.59 7.04
6/5/2019 2,826.15 104.42 135.94 131.49 72.98 6.94
6/6/2019 2,843.49 105.11 137.21 132.22 74.31 6.96
6/7/2019 2,873.34 106.06 138.04 133.31 74.58 7.09
6/10/2019 2,886.73 107.52 137.07 134.74 74.91 7.20
6/11/2019 2,885.72 107.94 135.08 135.95 74.84 7.23
6/12/2019 2,879.84 108.82 135.72 134.87 74.03 7.25
6/13/2019 2,891.64 108.65 141.74 135.76 74.68 7.41
6/14/2019 2,886.98 109.07 141.65 135.15 74.35 7.42
6/17/2019 2,889.67 109.16 140.97 134.95 75.09 7.39
6/18/2019 2,917.75 109.65 139.24 136.38 75.74 7.59
6/19/2019 2,926.46 109.62 140.92 137.08 75.32 7.62
6/20/2019 2,954.18 110.32 142.02 138.85 76.61 7.78
6/21/2019 2,950.46 111.13 140.23 139.20 77.69 7.64
6/24/2019 2,945.35 111.24 139.22 139.35 76.95 7.83
6/25/2019 2,917.38 110.72 139.94 138.36 76.27 7.88
6/26/2019 2,913.78 110.16 140.40 138.52 76.60 7.84
6/27/2019 2,924.92 110.10 139.30 138.52 75.82 7.86
6/28/2019 2,941.76 110.49 139.64 137.90 76.63 7.97
7/1/2019 2,964.33 110.62 141.65 139.88 76.56 8.00
7/2/2019 2,973.01 111.60 142.53 140.22 75.72 7.87
7/3/2019 2,995.82 112.32 142.98 141.54 76.44 7.89
7/5/2019 2,990.41 111.98 142.45 141.38 76.13 8.23
7/8/2019 2,975.95 112.72 141.02 140.57 76.48 8.03
7/9/2019 2,979.63 112.88 141.61 139.33 76.43 8.13
7/10/2019 2,993.07 112.98 143.54 140.47 77.51 8.13
7/11/2019 2,999.91 113.92 143.56 141.24 77.57 8.09
7/12/2019 3,013.77 114.60 144.88 142.74 77.63 8.00
7/15/2019 3,014.30 114.98 145.06 143.32 77.08 8.10
7/16/2019 3,004.04 114.76 144.30 143.53 75.93 8.16
7/17/2019 2,984.42 114.60 142.57 143.07 75.48 8.21
7/18/2019 2,995.11 114.72 141.63 149.63 74.84 8.09
7/19/2019 2,976.61 113.90 139.85 149.68 74.99 8.11
7/22/2019 2,985.03 112.82 140.84 149.74 75.07 8.14
7/23/2019 3,005.47 112.09 141.26 150.38 75.37 8.14
7/24/2019 3,019.56 112.00 141.29 150.03 75.36 8.12
7/25/2019 3,003.67 112.22 143.21 150.39 74.93 7.88
7/26/2019 3,025.86 113.02 144.65 151.36 74.81 7.92
7/29/2019 3,020.97 112.27 146.39 150.88 75.34 7.86
7/30/2019 3,013.18 112.06 144.93 149.77 75.35 7.54
7/31/2019 2,980.38 110.38 143.01 148.24 74.36 7.51
8/1/2019 2,953.56 109.38 141.85 150.32 72.46 7.45
8/2/2019 2,932.05 109.40 141.71 147.25 71.75 7.39
8/5/2019 2,844.74 105.82 138.30 140.76 70.28 7.07
8/6/2019 2,881.77 107.27 141.87 140.73 70.96 7.18
8/7/2019 2,883.98 108.20 134.86 139.11 70.50 7.32
8/8/2019 2,938.09 108.52 137.89 140.10 72.38 7.36
8/9/2019 2,918.65 107.28 138.52 136.13 70.84 7.35
8/12/2019 2,882.70 105.22 135.75 134.12 69.63 7.24
8/13/2019 2,926.32 107.41 137.01 135.79 70.49 7.40
8/14/2019 2,840.60 106.20 132.85 131.25 67.65 7.08
8/15/2019 2,847.60 112.69 133.41 131.92 67.25 7.14
8/16/2019 2,888.68 112.99 135.20 133.76 68.30 7.22
8/19/2019 2,923.65 113.81 135.29 135.04 69.45 7.17
8/20/2019 2,900.51 112.05 135.13 133.00 69.03 7.30
8/21/2019 2,924.43 112.02 135.76 134.25 69.72 7.47
8/22/2019 2,922.95 111.91 136.08 134.32 69.57 7.32
8/23/2019 2,847.11 110.83 131.67 129.57 67.49 7.15
8/26/2019 2,878.38 111.99 134.61 129.99 67.85 7.19
8/27/2019 2,869.16 112.42 134.49 131.17 67.19 7.00
8/28/2019 2,887.94 112.72 136.55 132.76 67.68 7.10
8/29/2019 2,924.58 114.08 137.84 134.88 68.43 7.31
8/30/2019 2,926.46 114.26 137.26 135.53 68.48 7.33
9/3/2019 2,906.27 114.64 136.31 134.10 68.56 7.35
9/4/2019 2,937.78 115.91 137.89 136.32 69.29 7.41
9/5/2019 2,976.00 115.44 138.84 140.97 70.27 7.46
9/6/2019 2,978.71 114.73 139.55 140.57 70.93 7.47
9/9/2019 2,978.43 116.33 138.83 142.60 71.49 7.45
9/10/2019 2,979.39 116.05 135.79 145.05 72.07 7.40
9/11/2019 3,000.93 116.02 136.19 143.60 71.93 7.56
9/12/2019 3,009.57 116.92 137.50 143.62 71.98 7.67
9/13/2019 3,007.39 117.43 138.02 143.67 72.64 7.63
9/16/2019 2,997.96 115.57 135.80 142.48 73.73 7.71
 9/17/2019 3,005.70 116.51 136.31 142.20 73.17 7.56
9/18/2019 3,006.73 117.16 136.80 142.22 72.82 7.64
9/19/2019 3,006.79 117.11 133.30 142.97 72.33 7.65
9/20/2019 2,992.07 116.98 132.27 141.88 72.08 7.55
9/23/2019 2,991.78 117.62 132.46 142.07 72.13 7.57
9/24/2019 2,966.60 118.40 131.97 141.68 71.14 7.58
9/25/2019 2,984.87 118.47 133.09 143.16 71.35 7.54
9/26/2019 2,977.62 118.30 131.27 143.55 70.97 7.51
9/27/2019 2,961.79 118.45 129.96 143.24 71.48 7.42
9/30/2019 2,976.74 118.68 130.32 145.42 70.61 7.46
10/1/2019 2,940.25 117.85 129.55 143.66 68.95 7.40
10/2/2019 2,887.61 116.12 129.14 141.69 67.15 7.38
10/3/2019 2,910.63 116.31 128.15 142.02 67.98 7.47
10/4/2019 2,952.01 118.16 130.27 142.99 68.97 7.61
10/7/2019 2,938.79 117.23 130.90 141.28 68.02 7.55
10/8/2019 2,893.06 117.58 128.47 138.38 66.70 7.39
10/9/2019 2,919.40 118.93 129.33 139.67 67.44 7.52
10/10/2019 2,938.13 119.61 129.34 141.13 68.25 7.44
10/11/2019 2,970.27 120.24 130.02 142.76 68.98 7.49
10/14/2019 2,966.15 119.17 129.70 142.04 69.18 7.43
10/15/2019 2,995.68 119.53 129.76 143.00 69.42 7.36
10/16/2019 2,989.69 119.42 130.86 142.11 68.23 7.40
10/17/2019 2,997.95 119.84 132.37 134.26 68.14 7.45
10/18/2019 2,986.20 119.14 130.89 134.09 67.61 7.50
10/21/2019 3,006.72 119.74 130.26 132.58 68.74 7.48
10/22/2019 2,995.99 119.58 132.40 133.96 69.09 7.73
10/23/2019 3,004.52 119.35 131.13 134.38 69.75 7.67
10/24/2019 3,010.29 119.10 130.26 134.07 69.09 7.82
10/25/2019 3,022.55 119.04 130.90 135.44 69.25 7.92
10/28/2019 3,039.42 119.22 130.53 135.97 68.64 7.99
10/29/2019 3,036.89 117.15 129.48 133.82 68.44 8.18
10/30/2019 3,046.77 118.10 129.60 135.25 67.72 8.15
10/31/2019 3,037.56 117.26 129.92 133.73 67.57 8.15
11/1/2019 3,066.91 117.62 132.75 135.53 69.60 8.35
11/4/2019 3,078.27 117.57 132.92 137.67 71.67 8.34
11/5/2019 3,074.62 118.86 131.45 137.89 73.09 8.47
11/6/2019 3,076.78 119.50 131.27 138.78 71.49 8.36
11/7/2019 3,085.18 120.23 132.96 137.69 73.01 8.39
11/8/2019 3,093.08 119.44 137.96 137.61 70.77 8.38
11/11/2019 3,087.01 119.04 136.74 135.47 70.34 8.44
11/12/2019 3,091.84 119.12 138.58 135.59 69.37 8.36
11/13/2019 3,094.04 120.98 148.72 134.48 68.80 8.06
11/14/2019 3,096.63 120.65 147.15 134.00 68.50 8.02
11/15/2019 3,120.46 118.87 144.67 134.40 69.19 8.20
11/18/2019 3,122.03 120.25 147.65 134.31 68.52 8.29
11/19/2019 3,120.18 119.89 148.38 134.52 67.82 8.21
11/20/2019 3,108.46 119.13 146.93 133.20 68.03 8.11
11/21/2019 3,103.54 119.86 146.90 133.84 69.67 7.96
11/22/2019 3,110.29 119.36 148.29 134.34 69.37 8.02
11/25/2019 3,133.64 118.92 149.69 135.97 68.91 7.96
11/26/2019 3,140.52 119.19 151.64 135.09 68.74 7.76
11/27/2019 3,153.63 118.76 151.48 133.77 68.70 7.80
11/29/2019 3,140.98 119.09 151.58 134.45 68.13 7.98
12/2/2019 3,113.87 119.28 150.62 132.91 68.42 7.98
12/3/2019 3,093.20 118.67 148.58 132.12 67.88 8.10
12/4/2019 3,112.76 118.69 148.28 131.99 68.65 8.05
12/5/2019 3,117.43 118.66 147.44 131.91 68.41 8.10
12/6/2019 3,145.91 119.78 147.66 133.22 69.51 8.25
12/9/2019 3,135.96 119.36 146.21 133.92 69.66 8.24
12/10/2019 3,132.52 119.14 146.10 133.91 69.06 8.25
12/11/2019 3,141.63 119.00 147.59 133.76 68.96 8.31
12/12/2019 3,168.57 119.76 147.76 135.32 70.34 8.38
12/13/2019 3,168.80 120.29 146.38 134.21 69.23 8.38
12/16/2019 3,191.45 120.54 148.46 134.13 70.00 8.39
12/17/2019 3,192.52 121.28 147.73 134.22 69.68 8.42
12/18/2019 3,191.14 119.86 146.26 134.41 69.87 8.50
12/19/2019 3,205.37 120.08 146.15 134.56 69.39 8.60
12/20/2019 3,221.22 120.29 146.88 135.59 69.94 8.60
12/23/2019 3,224.01 119.03 144.68 135.55 70.29 8.76
12/24/2019 3,223.38 119.51 145.29 134.98 70.02 8.71
12/26/2019 3,239.91 119.52 145.70 134.91 70.13 8.77
12/27/2019 3,240.02 119.59 145.75 135.27 69.89 8.72
12/30/2019 3,221.29 119.40 143.77 132.81 69.48 8.65
12/31/2019 3,230.78 118.84 144.63 134.04 69.78 8.72
1/2/2020 3,257.85 118.94 148.20 135.42 70.90 8.80
1/3/2020 3,234.85 117.89 146.50 134.34 70.33 8.81
1/6/2020 3,246.28 117.65 145.65 134.10 70.87 8.84
1/7/2020 3,237.18 116.56 145.70 134.19 70.29 8.76
1/8/2020 3,253.05 116.16 145.40 135.31 69.23 8.86
1/9/2020 3,274.70 117.36 144.83 136.74 69.76 8.85
1/10/2020 3,265.35 116.38 144.62 136.69 69.14 8.84
1/13/2020 3,288.13 115.88 143.88 136.60 69.80 8.85
1/14/2020 3,283.15 116.18 145.20 135.82 69.20 8.88
1/15/2020 3,289.29 115.28 144.32 136.62 69.09 8.78
1/16/2020 3,316.81 115.90 145.12 137.98 68.82 8.68
1/17/2020 3,329.62 114.96 144.33 138.31 68.56 8.68
1/21/2020 3,320.79 115.59 143.56 139.17 67.58 8.60
1/22/2020 3,321.75 116.10 144.01 143.89 67.19 8.73
1/23/2020 3,325.54 115.81 142.20 142.87 66.77 8.67
1/24/2020 3,295.47 114.37 140.08 140.56 66.32 8.55
1/27/2020 3,243.63 115.86 135.90 138.62 64.74 8.32
1/28/2020 3,276.24 116.60 138.37 139.55 64.65 8.45
1/29/2020 3,273.40 115.89 136.06 137.69 64.11 8.45
1/30/2020 3,283.66 116.58 137.81 136.77 64.79 8.47
1/31/2020 3,225.52 114.49 138.31 143.73 62.12 8.45
2/3/2020 3,248.92 114.27 141.32 146.27 60.73 8.47
2/4/2020 3,297.59 115.27 144.73 149.11 59.97 8.61
2/5/2020 3,334.69 116.81 141.37 156.33 62.73 8.68
2/6/2020 3,345.78 116.31 142.70 156.76 61.88 8.66
2/7/2020 3,327.71 116.45 141.02 153.41 61.47 8.55
2/10/2020 3,352.09 115.25 142.59 154.43 59.96 8.49
2/11/2020 3,357.75 115.40 141.01 153.48 60.53 8.55
2/12/2020 3,379.45 115.85 141.85 155.31 61.27 8.63
2/13/2020 3,373.94 117.44 140.90 154.31 60.93 8.69
2/14/2020 3,380.16 117.89 139.54 150.70 60.65 8.68
2/18/2020 3,370.29 119.63 139.14 151.10 59.88 8.75
2/19/2020 3,386.15 117.68 141.30 150.86 60.34 8.82
2/20/2020 3,373.23 117.69 140.37 151.22 59.86 8.73
2/21/2020 3,337.75 118.58 138.97 149.84 59.13 8.70
2/24/2020 3,225.89 116.32 133.01 146.43 56.36 8.62
2/25/2020 3,128.21 114.39 128.19 141.71 54.20 8.61
2/26/2020 3,116.39 113.78 123.36 139.75 53.01 8.44
2/27/2020 2,978.76 110.40 118.04 133.11 49.82 8.22
2/28/2020 2,954.22 107.68 117.65 130.15 51.44 8.13
3/2/2020 3,090.23 115.88 119.98 134.30 53.88 8.18
3/3/2020 3,003.37 112.91 116.45 128.90 51.30 8.08
3/4/2020 3,130.12 116.77 119.18 134.22 52.42 8.14
3/5/2020 3,023.94 115.92 113.98 129.55 50.11 8.01
3/6/2020 2,972.37 117.23 115.27 127.73 47.69 7.70
3/9/2020 2,746.56 117.16 104.35 117.81 41.86 6.79
3/10/2020 2,882.23 119.79 111.46 124.77 43.41 6.80
3/11/2020 2,741.38 114.43 105.51 117.97 41.98 6.24
3/12/2020 2,480.64 104.05 91.81 102.81 37.18 5.23
3/13/2020 2,711.02 114.10 102.52 107.95 38.12 5.95
3/16/2020 2,386.13 106.76 95.01 99.08 34.49 4.69
3/17/2020 2,529.19 119.26 93.53 106.65 36.81 4.55
3/18/2020 2,398.10 122.58 88.80 103.55 33.12 3.71
3/19/2020 2,409.39 119.45 94.93 100.34 34.43 3.75
3/20/2020 2,304.92 113.97 85.98 95.39 32.74 3.59
3/23/2020 2,237.40 114.28 85.76 94.77 31.45 3.34
3/24/2020 2,447.33 115.03 98.12 105.48 35.44 3.48
3/25/2020 2,475.56 109.40 100.73 105.85 37.29 4.08
3/26/2020 2,630.07 109.82 105.36 112.89 38.82 4.72
3/27/2020 2,541.47 109.58 96.40 108.03 36.95 4.48
3/30/2020 2,626.65 115.19 99.80 112.93 37.50 4.35
vr´2= beta p´2*var indice + (part´2*riesgo anual)
 Banco
Santander de US Oil Gas S&P 500 Walmart Disney
Brasil
12.16 9.85 391.70
12.39 9.95 379.40 -2.51% -0.52% -2.45%
12.8 10.18 418.60 3.38% 0.62% 3.04%
12.75 10.29 384.80 0.70% 1.17% 0.86%
12.55 10.50 400.80 0.96% 0.70% 0.77%
12.74 11.05 407.40 0.41% -0.33% 1.12%
12.78 11.10 401.00 0.45% 0.07% 0.12%
12.77 10.90 459.90 -0.01% -0.13% -0.13%
13.02 10.69 607.70 -0.53% 0.12% -0.20%
12.6 11.00 574.00 1.07% 1.36% -0.59%
12.55 11.06 546.50 0.22% 0.10% -0.76%
12.62 11.03 549.40 0.76% 0.40% 0.09%
12.87 11.31 555.60 1.31% 1.02% 0.03%
12.63 11.12 446.80 -1.43% -0.25% -0.40%
13.25 11.05 430.40 0.22% 1.24% 0.47%
13.14 11.17 460.90 0.14% -0.36% -0.51%
13.2 11.25 482.10 0.85% -1.45% 0.49%
13.17 10.95 394.80 -0.79% 0.12% -0.25%
13.2 11.16 399.60 -0.15% -0.36% 0.08%
13.05 11.40 385.70 1.54% -1.99% -0.70%
13.3 11.35 373.20 0.86% 1.08% 1.25%
13.3 11.63 335.80 0.09% -2.08% -0.20%
13.7 11.50 308.30 0.68% 0.96% 0.45%
13.56 11.29 316.30 0.47% 0.87% 0.77%
12.88 11.32 311.90 -0.22% 0.04% -1.12%
12.87 11.07 274.80 -0.94% 1.13% -0.41%
13.1 11.08 286.80 0.07% -1.20% 0.50%
12.87 11.01 299.60 0.07% 0.65% -1.87%
13.18 11.16 305.60 1.28% 0.80% -0.22%
12.78 11.34 286.20 0.30% 1.00% 0.91%
13.17 11.48 278.50 -0.27% 0.59% 0.42%
13.26 11.71 292.30 1.08% 1.48% 1.73%
13.28 11.78 303.90 0.15% 2.19% 0.81%
12.99 11.93 299.40 0.18% -2.30% 0.15%
12.92 11.88 315.70 -0.35% -0.49% 0.54%
12.93 11.95 315.50 0.64% 0.16% 0.84%
12.7 11.57 345.20 0.12% -0.43% -1.45%
12.65 11.63 331.90 -0.08% -0.43% -0.08%
12.49 11.89 343.60 -0.05% -0.59% -0.64%
11.98 11.95 343.20 -0.28% 0.89% 0.05%
11.75 11.66 358.20 0.69% -1.08% 1.03%
11.78 11.80 360.80 -0.39% -0.08% 0.28%
11.79 11.82 373.40 -0.11% 0.50% -0.29%
11.39 11.75 358.20 -0.65% -0.08% 0.74%
11.37 11.81 364.70 -0.82% -0.83% -0.73%
11.5 11.73 363.50 -0.21% 0.14% -0.18%
11.94 11.86 332.50 1.46% 0.91% 0.82%
11.97 11.89 338.50 0.29% -0.11% -0.02%
12.36 12.19 348.60 0.69% 0.67% -0.56%
12.13 12.22 355.20 -0.09% -0.82% 0.34%
12.09 12.20 336.10 0.50% 0.20% 0.42%
12.33 12.31 353.50 0.37% 1.25% -1.61%
12.2 12.28 357.80 -0.01% 0.19% -2.80%
12.08 12.50 349.10 -0.29% -1.22% -0.01%
11.71 12.44 344.60 1.08% 0.42% -1.22%
11.07 12.23 325.80 -1.92% -0.79% -0.40%
11.3 12.25 324.90 -0.08% -0.11% -0.41%
11.42 12.47 317.00 0.72% 0.15% 2.16%
10.58 12.34 308.60 -0.47% -1.14% 0.13%
11.08 12.35 307.20 0.36% -0.08% 0.39%
11.23 12.50 289.80 0.67% 0.41% 0.29%
11.52 12.82 300.30 1.15% 0.30% 1.32%
11.45 13.01 296.30 0.00% -0.90% -0.49%
11.3 12.99 290.30 0.21% 0.26% 0.50%
11.62 12.92 280.60 0.21% 0.94% 1.96%
11.83 13.15 289.30 0.46% 0.73% 0.22%
11.79 13.40 302.10 0.10% 0.40% -0.03%
11.64 13.33 301.40 -0.61% -0.55% 1.64%
11.76 13.41 298.50 0.35% 0.92% 0.26%
11.52 13.27 290.20 0.00% 1.20% -0.48%
11.45 13.30 284.60 0.66% 0.75% 10.92%
11.5 13.24 264.80 -0.06% 0.85% 1.51%
11.66 13.37 259.50 0.05% 0.49% -1.63%
11.19 13.28 240.40 -0.23% 0.22% 1.41%
11.45 13.32 235.00 0.16% 0.02% 0.53%
11.57 13.67 242.20 0.10% -0.79% -0.58%
11.71 13.79 225.30 0.88% 0.68% 1.27%
11.38 13.68 225.30 -0.22% 0.45% 1.30%
11.47 13.53 235.70 -0.04% -0.01% 1.57%
11.61 13.09 248.50 0.47% -1.94% 1.93%
11.6 13.23 251.20 0.11% 0.03% -0.44%
11.45 13.29 246.00 0.10% 1.25% -1.69%
11.33 13.22 256.50 -0.75% -1.45% -0.43%
11.37 12.82 248.30 -0.21% -0.21% -1.66%
11.46 12.87 241.30 0.96% 0.92% 0.14%
11.12 13.07 232.30 -0.45% 0.37% 0.50%
10.98 12.73 235.40 -1.66% -1.14% -1.16%
11.33 12.89 253.30 -0.16% -0.99% 1.15%
11.09 12.81 248.50 -0.30% -0.76% -1.04%
11.05 12.84 257.60 0.37% 2.35% 0.34%
10.58 12.68 256.60 -2.44% -2.00% -2.03%
10.92 12.87 264.70 0.80% 0.40% 1.41%
10.72 12.97 251.60 0.58% -0.41% 1.10%
10.4 13.14 261.10 0.89% 1.42% 0.61%
10.11 13.08 257.60 -0.59% -0.45% -0.34%
10.39 13.15 268.20 -0.68% 0.65% -0.84%
10.91 13.13 253.90 0.85% -0.39% 0.13%
10.79 12.74 230.90 -0.28% 1.09% -0.18%
10.56 12.09 237.00 -1.20% -0.36% -0.84%
10.66 12.23 241.30 0.14% 0.79% 0.05%
11 12.23 235.10 -0.84% -0.24% -0.13%
11.28 12.24 245.20 -0.69% -0.29% -0.79%
11.49 11.76 227.80 0.21% 0.07% 0.48%
11.52 11.10 201.20 -1.33% -0.74% -0.12%
11.53 10.99 187.80 -0.28% 0.51% 0.33%
11.7 11.16 192.10 2.12% 0.59% 1.76%
11.36 10.77 181.30 0.81% 1.80% 0.83%
11.49 11.06 172.10 0.61% 0.66% 0.93%
11.55 11.23 173.00 1.04% 0.90% 0.60%
11.39 11.11 177.20 0.46% 1.37% -0.71%
11.54 11.11 185.50 -0.03% 0.39% -1.46%
11.35 10.64 180.90 -0.20% 0.81% 0.47%
11.33 10.88 170.20 0.41% -0.16% 4.34%
11.07 10.94 182.80 -0.16% 0.39% -0.06%
11.06 10.81 178.70 0.09% 0.08% -0.48%
11.45 11.25 166.60 0.97% 0.45% -1.23%
11.58 11.33 157.30 0.30% -0.03% 1.20%
11.88 11.85 140.00 0.94% 0.64% 0.78%
11.8 11.97 137.30 -0.13% 0.73% -1.27%
12.02 12.01 157.50 -0.17% 0.10% -0.72%
11.69 12.00 154.10 -0.95% -0.47% 0.52%
11.78 12.29 155.30 -0.12% -0.51% 0.33%
11.83 12.29 165.30 0.38% -0.05% -0.79%
11.87 12.04 164.00 0.57% 0.35% 0.24%
11.92 12.28 153.10 0.76% 0.12% 1.43%
11.9 11.70 148.10 0.29% 0.88% 0.62%
12.06 11.77 156.80 0.76% 0.64% 0.32%
12.46 11.95 182.30 -0.18% -0.30% -0.37%
12.2 11.93 181.90 -0.48% 0.66% -1.01%
12.24 12.04 185.10 0.12% 0.14% 0.42%
12.39 12.53 191.40 0.45% 0.09% 1.35%
12.35 12.55 181.30 0.23% 0.83% 0.01%
12.37 12.52 192.10 0.46% 0.60% 0.92%
12.22 12.30 179.90 0.02% 0.33% 0.12%
12.31 12.07 160.70 -0.34% -0.19% -0.53%
12.41 11.75 158.30 -0.66% -0.14% -1.21%
12.8 11.56 154.00 0.36% 0.10% -0.66%
12.42 11.67 147.20 -0.62% -0.72% -1.26%
12.42 11.68 158.30 0.28% -0.95% 0.71%
12.31 11.81 153.90 0.68% -0.65% 0.30%
12.14 11.59 141.70 0.47% -0.08% 0.02%
11.86 11.60 143.50 -0.53% 0.20% 1.35%
11.98 11.65 132.10 0.74% 0.71% 1.00%
11.91 11.82 124.10 -0.16% -0.67% 1.20%
11.56 12.08 127.40 -0.26% -0.19% -1.00%
11.28 12.04 146.10 -1.09% -1.51% -1.33%
11.04 11.31 132.10 -0.90% -0.91% -0.81%
10.89 11.48 126.40 -0.73% 0.02% -0.10%
10.47 11.37 116.40 -3.02% -3.33% -2.44%
10.66 11.14 120.10 1.29% 1.36% 2.55%
10.86 10.84 116.80 0.08% 0.86% -5.07%
11.29 10.96 122.80 1.86% 0.30% 2.22%
11.12 11.28 122.10 -0.66% -1.15% 0.46%
10.87 11.36 120.60 -1.24% -1.94% -2.02%
10.98 11.87 127.50 1.50% 2.06% 0.92%
10.39 11.44 127.80 -2.97% -1.13% -3.08%
10.57 11.35 138.50 0.25% 5.93% 0.42%
10.61 11.40 134.10 1.43% 0.27% 1.33%
10.35 11.66 134.60 1.20% 0.72% 0.07%
10.32 11.63 136.90 -0.79% -1.56% -0.12%
10.41 11.61 129.60 0.82% -0.03% 0.47%
10.26 11.53 126.00 -0.05% -0.10% 0.24%
9.86 11.19 126.10 -2.63% -0.97% -3.29%
9.83 11.18 138.10 1.09% 1.04% 2.21%
9.78 11.42 132.40 -0.32% 0.38% -0.09%
9.88 11.64 139.00 0.65% 0.27% 1.52%
10.14 11.78 149.00 1.26% 1.20% 0.94%
10.25 11.46 147.10 0.06% 0.16% -0.42%
9.87 11.22 159.40 -0.69% 0.33% -0.69%
10.13 11.71 178.70 1.08% 1.10% 1.15%
10.48 11.70 178.70 1.29% -0.41% 0.69%
10.75 11.77 189.60 0.09% -0.62% 0.51%
10.98 12.08 214.20 -0.01% 1.38% -0.52%
10.88 11.98 211.70 0.03% -0.24% -2.21%
10.89 11.68 202.80 0.72% -0.03% 0.29%
10.91 11.47 207.80 0.29% 0.77% 0.96%
11.01 11.44 221.00 -0.07% 0.44% 0.38%
10.79 12.83 236.80 -0.31% -1.60% -1.62%
 10.9 12.29 228.50 0.26% 0.81% 0.37%
10.86 12.10 219.80 0.03% 0.56% 0.36%
10.66 12.19 200.00 0.00% -0.04% -2.59%
10.59 12.20 195.50 -0.49% -0.11% -0.78%
10.42 12.21 195.20 -0.01% 0.55% 0.14%
10.57 11.90 187.10 -0.85% 0.66% -0.37%
10.67 11.80 186.00 0.61% 0.06% 0.85%
10.77 11.80 170.50 -0.24% -0.14% -1.38%
11.07 11.66 160.60 -0.53% 0.13% -1.00%
10.89 11.34 145.90 0.50% 0.19% 0.28%
10.8 11.19 139.80 -1.23% -0.70% -0.59%
10.56 10.98 133.60 -1.81% -1.48% -0.32%
10.75 10.93 147.30 0.79% 0.16% -0.77%
10.97 11.04 149.60 1.41% 1.58% 1.64%
10.57 11.04 141.00 -0.45% -0.79% 0.48%
10.61 10.89 138.20 -1.57% 0.30% -1.87%
10.86 10.99 128.80 0.91% 1.14% 0.67%
11.02 11.19 123.80 0.64% 0.57% 0.01%
11.2 11.42 131.10 1.09% 0.53% 0.52%
11.26 11.18 137.20 -0.14% -0.89% -0.25%
11 11.06 142.60 0.99% 0.30% 0.05%
11.21 11.14 134.60 -0.20% -0.09% 0.84%
11.08 11.28 140.10 0.28% 0.35% 1.15%
11.11 11.22 144.30 -0.39% -0.59% -1.12%
11.09 11.21 129.70 0.68% 0.50% -0.48%
11.69 11.34 129.00 -0.36% -0.13% 1.63%
12.01 11.65 126.00 0.28% -0.19% -0.96%
12.06 11.73 131.80 0.19% -0.21% -0.67%
12.25 11.83 130.90 0.41% -0.05% 0.49%
12.35 11.65 146.90 0.56% 0.15% -0.28%
12.22 11.58 157.30 -0.08% -1.75% -0.81%
12.03 11.47 169.00 0.32% 0.81% 0.09%
11.74 11.30 158.00 -0.30% -0.71% 0.25%
11.77 11.69 170.40 0.96% 0.31% 2.15%
11.74 11.81 193.10 0.37% -0.04% 0.13%
11.95 11.93 203.70 -0.12% 1.09% -1.11%
11.6 11.81 194.00 0.07% 0.54% -0.14%
11.57 11.88 186.60 0.27% 0.61% 1.28%
11.13 11.99 185.90 0.26% -0.66% 3.69%
11.25 11.89 156.50 -0.20% -0.34% -0.89%
10.97 11.87 154.10 0.16% 0.07% 1.34%
10.76 11.96 160.50 0.07% 1.55% 7.06%
10.87 11.91 154.40 0.08% -0.27% -1.06%
11 12.08 158.40 0.77% -1.49% -1.70%
10.81 11.90 137.40 0.05% 1.15% 2.04%
10.75 11.57 130.40 -0.06% -0.30% 0.49%
10.67 11.90 136.20 -0.38% -0.64% -0.98%
10.88 12.20 139.10 -0.16% 0.61% -0.02%
10.97 12.11 150.50 0.22% -0.42% 0.94%
10.84 12.11 130.30 0.75% -0.37% 0.94%
10.56 12.19 122.50 0.22% 0.23% 1.29%
10.42 12.14 118.00 0.42% -0.36% -0.11%
10.39 11.62 92.70 -0.40% 0.28% 0.07%
10.5 11.67 93.50 -0.87% 0.16% -0.64%
10.57 11.76 105.60 -0.67% -0.51% -1.36%
10.71 12.19 101.80 0.63% 0.02% -0.20%
10.78 12.19 102.40 0.15% -0.03% -0.57%
10.74 12.32 93.60 0.91% 0.94% 0.15%
10.71 12.33 82.20 -0.32% -0.35% -0.99%
10.69 12.39 83.50 -0.11% -0.18% -0.08%
10.73 12.30 80.90 0.29% -0.12% 1.01%
10.86 12.37 89.80 0.85% 0.64% 0.12%
10.8 12.49 85.70 0.01% 0.44% -0.94%
11.04 12.59 90.80 0.71% 0.21% 1.41%
11.03 12.72 87.70 0.03% 0.61% -0.49%
11.36 12.74 83.30 -0.04% -1.18% -1.00%
11.49 12.78 84.40 0.44% 0.18% -0.08%
11.48 12.63 88.00 0.49% 0.17% 0.50%
11.56 12.70 77.91 0.09% -1.05% -1.51%
11.55 12.77 75.80 -0.02% 0.40% 0.42%
11.85 12.89 82.06 0.51% 0.01% 0.28%
11.89 12.91 79.60 0.00% 0.06% 0.03%
12.21 12.89 73.82 -0.58% -0.16% -1.37%
12.13 12.81 72.93 0.29% -0.47% 0.60%
12.64 12.81 67.91 0.83% 0.08% 2.44%
12.59 13.18 67.05 -0.71% -0.89% -1.15%
11.64 13.16 69.75 0.35% -0.20% -0.58%
11.57 13.13 70.09 -0.28% -0.93% 0.03%
11.5 12.66 69.72 0.49% -0.34% -0.21%
11.29 12.49 70.47 0.66% 1.03% -0.39%
11.13 12.41 74.09 -0.29% -0.84% -0.15%
11.17 12.20 72.97 0.70% -0.43% -0.51%
11.13 12.28 71.68 -0.15% 0.26% 0.91%
10.71 12.18 65.82 0.19% -0.78% -0.61%
10.78 12.29 61.84 0.83% 0.54% 0.55%
11.08 12.33 56.06 0.39% -0.81% -0.55%
10.35 12.24 48.95 -0.27% 0.55% -0.53%
10.4 11.90 49.70 0.03% 0.44% 0.31%
10.63 11.66 50.05 0.11% -0.25% -1.26%
10.5 11.43 46.64 -0.91% -1.25% -1.50%
10.32 11.10 46.88 -1.59% 1.29% -3.03%
10.33 11.25 49.35 1.00% 0.64% 1.80%
10.07 11.16 46.85 -0.09% -0.61% -1.68%
10.09 11.08 43.65 0.31% 0.59% 1.28%
9.7 10.84 44.15 -1.79% -1.81% 0.36%
9.85 10.49 42.62 0.72% -0.19% 2.15%
9.86 10.44 46.66 1.49% 0.87% 2.38%
9.93 10.70 46.20 1.12% 1.33% -2.35%
9.69 10.74 45.71 0.33% -0.43% 0.94%
9.69 10.58 44.81 -0.54% 0.12% -1.18%
9.87 10.42 38.86 0.73% -1.04% 1.11%
9.8 10.50 40.20 0.17% 0.13% -1.11%
9.76 10.81 43.69 0.64% 0.39% 0.59%
9.57 10.84 42.36 -0.16% 1.36% -0.67%
9.49 10.95 42.41 0.18% 0.38% -0.97%
9.29 10.95 48.87 -0.29% 1.47% -0.29%
9.41 11.18 50.40 0.47% -1.64% 1.54%
9.38 11.28 46.60 -0.38% 0.01% -0.66%
9.29 11.16 45.80 -1.06% 0.75% -1.00%
8.72 10.74 41.58 -3.41% -1.92% -4.38%
8.62 10.40 41.00 -3.07% -1.67% -3.69%
8.57 10.19 39.44 -0.38% -0.53% -3.84%
8.5 9.78 34.09 -4.52% -3.02% -4.41%
8.71 9.45 31.20 -0.83% -2.49% -0.33%
8.77 9.92 34.56 4.50% 7.34% 1.96%
8.55 9.89 37.22 -2.85% -2.60% -2.99%
8.38 9.86 39.39 4.13% 3.36% 2.32%
8.14 9.61 34.97 -3.45% -0.73% -4.46%
7.87 8.73 32.32 -1.72% 1.12% 1.13%
6.8 6.52 38.10 -7.90% -0.06% -9.95%
7.25 7.24 44.57 4.82% 2.22% 6.59%
6.52 6.94 40.90 -5.01% -4.58% -5.49%
5.55 6.54 38.08 -9.99% -9.51% -13.91%
6.33 6.96 41.54 8.88% 9.22% 11.03%
5.22 6.05 35.64 -12.77% -6.65% -7.61%
5.5 5.71 31.21 5.82% 11.07% -1.57%
4.8 4.71 26.55 -5.32% 2.75% -5.19%
5 5.37 28.63 0.47% -2.59% 6.68%
4.99 4.94 25.13 -4.43% -4.70% -9.90%
4.67 4.88 25.76 -2.97% 0.27% -0.26%
5.47 4.98 28.98 8.97% 0.65% 13.46%
5.87 5.08 28.14 1.15% -5.02% 2.63%
5.98 4.83 26.61 6.05% 0.38% 4.49%
5.36 4.47 25.86 -3.43% -0.22% -8.89%
5.41 4.23 26.76 3.30% 4.99% 3.47%
 Rentabilidad Diaria 0.01% 0.07% -0.03%
Rentabilidad Anual 3.74% 18.51% -6.85%

Riesgo Diario 1.76% 1.59% 2.32%

Riesgo Anual 27.94% 25.17% 36.84%

Rentab. Anual ParticipaciBeta activos Parcipacion Beta PortafolioVar Indice

S&P 500 1.00 0
Walmart 18.51% 12.50% 0.57 1.56%
Disney -6.85% 12.50% 1.00 1.56%
IBM -1.60% 12.50% 0.97 1.56%
Exxon -39.41% 12.50% 1.02 1.56%

Grupo Aval 12.50% 1.24 1.56%

-23.61%
Banco
Santander de 12.50% 1.33 1.56%
Brasil -48.06%
US Oil -49.52% 12.50% 0.98 1.56%
Gas -88.66% 12.50% 0.91 1.56%
100.00%

Rentabilidad de Portafolio
-29.90%

Riesgo del Portafolio

3.29%
t´2*riesgo anual)
 Banco
IBM Exxon Grupo Aval Santander US Oil Gas
de Brasil

-2.02% -1.55% 0.66% 1.87% 1.01% -3.19%

3.83% 3.62% 5.42% 3.26% 2.29% 9.83%
0.70% 0.52% 0.15% -0.39% 1.07% -8.42%
1.41% 0.72% 0.46% -1.58% 2.02% 4.07%
0.72% 0.53% 1.53% 1.50% 5.11% 1.63%
0.91% -0.51% 3.28% 0.31% 0.45% -1.58%
-0.27% -0.46% 0.44% -0.08% -1.82% 13.70%
-0.88% -0.13% 0.29% 1.94% -1.95% 27.87%
1.11% 0.06% -0.73% -3.28% 2.86% -5.71%
-0.09% -0.04% 0.73% -0.40% 0.54% -4.91%
0.47% 0.68% -1.17% 0.56% -0.27% 0.53%
1.33% 1.19% -0.59% 1.96% 2.51% 1.12%
-1.06% -1.52% -2.25% -1.88% -1.69% -21.79%
8.12% -0.82% -0.61% 4.79% -0.63% -3.74%
-0.27% 0.14% 2.26% -0.83% 1.08% 6.85%
1.08% 0.45% 2.07% 0.46% 0.71% 4.50%
0.22% -0.67% -0.44% -0.23% -2.70% -19.98%
0.04% 0.38% 0.29% 0.23% 1.90% 1.21%
0.04% 1.08% 0.00% -1.14% 2.13% -3.54%
0.03% 1.36% 1.45% 1.90% -0.44% -3.29%
-0.24% 3.54% -0.72% 0.00% 2.44% -10.56%
0.81% -1.46% 3.15% 2.96% -1.12% -8.54%
0.27% 1.02% 0.98% -1.03% -1.84% 2.56%
0.57% -0.44% -0.56% -5.14% 0.27% -1.40%
-2.32% -0.77% -0.56% -0.08% -2.23% -12.66%
0.39% -0.94% -0.42% 1.77% 0.09% 4.27%
0.21% 0.16% 0.00% -1.77% -0.63% 4.37%
1.53% 1.74% 1.13% 2.38% 1.35% 1.98%
1.07% 1.12% -0.42% -3.08% 1.60% -6.56%
-0.76% 0.03% 0.14% 3.01% 1.23% -2.73%
1.13% 1.87% 0.98% 0.68% 1.98% 4.84%
0.48% 0.67% 1.52% 0.15% 0.60% 3.89%
-0.51% 0.38% -0.41% -2.21% 1.27% -1.49%
-0.12% -0.91% 0.00% -0.54% -0.42% 5.30%
1.02% 0.77% 1.50% 0.08% 0.59% -0.06%
0.15% 0.10% 1.75% -1.79% -3.23% 9.00%
0.19% 0.20% 1.85% -0.39% 0.52% -3.93%
-0.39% 1.02% -1.71% -1.27% 2.21% 3.46%
-0.75% -0.56% 2.75% -4.17% 0.50% -0.12%
0.77% 1.22% -1.70% -1.94% -2.46% 4.28%
-0.55% 0.39% -0.66% 0.25% 1.19% 0.72%
-0.40% -0.15% -0.27% 0.08% 0.17% 3.43%
-0.65% -1.14% 1.97% -3.45% -0.59% -4.16%
-1.19% 1.10% -1.44% -0.18% 0.51% 1.80%
-0.20% -1.45% -0.40% 1.14% -0.68% -0.33%
1.92% 0.97% -0.13% 3.75% 1.10% -8.91%
0.41% 0.28% 1.45% 0.25% 0.25% 1.79%
0.20% 0.88% -1.19% 3.21% 2.49% 2.94%
0.17% -0.34% 1.05% -1.88% 0.25% 1.88%
0.46% -0.36% 0.39% -0.33% -0.16% -5.53%
0.56% 1.15% 1.81% 1.97% 0.90% 5.05%
0.20% -0.26% 1.02% -1.06% -0.24% 1.21%
-0.64% 0.55% 0.00% -0.99% 1.78% -2.46%
1.31% 0.58% -0.89% -3.11% -0.48% -1.30%
-1.42% -1.61% -0.77% -5.62% -1.70% -5.61%
-0.19% -0.70% -1.30% 2.06% 0.16% -0.28%
0.74% 1.29% 0.52% 1.06% 1.78% -2.46%
-0.70% -0.77% -0.39% -7.64% -1.05% -2.69%
0.49% 0.50% 0.00% 4.62% 0.08% -0.45%
0.84% 0.07% 1.68% 1.34% 1.21% -5.83%
1.55% 1.14% 0.38% 2.55% 2.53% 3.56%
-0.21% -0.43% -0.51% -0.61% 1.47% -1.34%
0.44% -0.59% 0.26% -1.32% -0.15% -2.05%
-0.59% 1.41% 1.27% 2.79% -0.54% -3.40%
0.35% 0.53% 1.01% 1.79% 1.76% 3.05%
0.08% 0.62% 2.23% -0.34% 1.88% 4.33%
-0.90% -1.30% 3.49% -1.28% -0.52% -0.23%
0.64% -0.45% -0.36% 1.03% 0.60% -0.97%
0.53% 0.48% -0.24% -2.06% -1.05% -2.82%
0.40% -1.26% -0.72% -0.61% 0.23% -1.95%
-0.31% -0.33% -0.96% 0.44% -0.45% -7.21%
0.86% 0.68% -0.49% 1.38% 0.98% -2.02%
-4.24% 0.28% 1.33% -4.11% -0.68% -7.65%
0.87% -0.37% -1.09% 2.30% 0.30% -2.27%
-1.03% 2.16% -0.24% 1.04% 2.59% 3.02%
1.11% 0.58% 0.24% 1.20% 0.87% -7.23%
-0.35% -1.96% -2.21% -2.86% -0.80% 0.00%
-0.95% 0.56% -0.50% 0.79% -1.10% 4.51%
0.58% -2.13% -0.12% 1.21% -3.31% 5.29%
-0.28% -0.65% 0.00% -0.09% 1.06% 1.08%
0.87% 0.39% -1.89% -1.30% 0.45% -2.09%
0.21% -2.03% 0.13% -1.05% -0.53% 4.18%
-0.69% -1.77% -0.51% 0.35% -3.07% -3.25%
0.47% 0.23% 0.26% 0.79% 0.39% -2.86%
0.09% -0.44% -1.02% -3.01% 1.54% -3.80%
-1.97% -0.53% -0.65% -1.27% -2.64% 1.33%
0.26% 0.16% 0.00% 3.14% 1.25% 7.33%
-1.95% -0.09% -0.91% -2.14% -0.62% -1.91%
-0.01% -0.27% -0.79% -0.36% 0.23% 3.60%
-2.92% -1.12% -2.40% -4.35% -1.25% -0.39%
1.43% 0.13% -1.09% 3.16% 1.49% 3.11%
0.81% 0.74% -1.65% -1.85% 0.77% -5.08%
1.10% -0.01% -1.54% -3.03% 1.30% 3.71%
-1.15% -0.59% -1.13% -2.83% -0.46% -1.35%
0.59% -0.01% -0.14% 2.73% 0.53% 4.03%
0.98% 0.46% 1.56% 4.88% -0.15% -5.48%
-0.07% -0.91% 0.70% -1.11% -3.02% -9.50%
-2.95% -2.37% -3.26% -2.15% -5.24% 2.61%
-0.08% 0.42% 2.56% 0.94% 1.15% 1.80%
-1.39% -2.03% -3.57% 3.14% 0.00% -2.60%
-0.59% -0.62% 1.59% 2.51% 0.08% 4.21%
-0.09% -0.26% 0.43% 1.84% -4.00% -7.36%
-2.01% -1.68% -1.15% 0.26% -5.78% -12.42%
1.00% 1.56% 1.15% 0.09% -1.00% -6.89%
3.39% 2.35% 0.43% 1.46% 1.54% 2.26%
-0.91% -0.83% -1.43% -2.95% -3.56% -5.79%
0.55% 1.81% 0.29% 1.14% 2.66% -5.21%
0.82% 0.36% 1.85% 0.52% 1.53% 0.52%
1.07% 0.44% 1.54% -1.39% -1.07% 2.40%
0.89% -0.09% 0.42% 1.31% 0.00% 4.58%
-0.80% -1.09% 0.28% -1.66% -4.32% -2.51%
0.66% 0.87% 2.18% -0.18% 2.23% -6.10%
-0.45% -0.44% 0.13% -2.32% 0.55% 7.14%
-0.15% 0.99% -0.41% -0.09% -1.20% -2.27%
1.05% 0.86% 2.67% 3.47% 3.99% -7.01%
0.51% -0.56% 0.39% 1.13% 0.71% -5.74%
1.28% 1.70% 2.08% 2.56% 4.49% -11.65%
0.25% 1.40% -1.82% -0.68% 1.01% -1.95%
0.11% -0.96% 2.46% 1.85% 0.33% 13.73%
-0.71% -0.89% 0.64% -2.78% -0.08% -2.18%
0.12% 0.43% -0.51% 0.77% 2.39% 0.78%
0.00% -1.02% 0.25% 0.42% 0.00% 6.24%
-0.45% 1.06% 1.39% 0.34% -2.06% -0.79%
1.43% -0.09% 0.38% 0.42% 1.97% -6.88%
0.24% -1.10% -1.64% -0.17% -4.84% -3.32%
0.94% 0.95% 0.25% 1.34% 0.60% 5.71%
-0.11% -0.41% 4.22% 3.26% 1.52% 15.07%
-0.57% 0.46% -2.46% -2.11% -0.17% -0.22%
-0.89% -0.07% 1.24% 0.33% 0.92% 1.74%
0.81% 1.40% 0.00% 1.22% 3.99% 3.35%
0.55% 0.08% -0.49% -0.32% 0.16% -5.42%
1.06% 0.08% -1.12% 0.16% -0.24% 5.79%
 0.41% -0.71% 1.24% -1.22% -1.77% -6.56%
0.15% -1.50% 0.74% 0.73% -1.89% -11.29%
-0.32% -0.59% 0.61% 0.81% -2.69% -1.50%
4.48% -0.85% -1.47% 3.09% -1.63% -2.75%
0.03% 0.20% 0.25% -3.01% 0.95% -4.52%
0.04% 0.11% 0.37% 0.00% 0.09% 7.27%
0.43% 0.40% 0.00% -0.89% 1.11% -2.82%
-0.23% -0.01% -0.25% -1.39% -1.88% -8.26%
0.24% -0.57% -3.00% -2.33% 0.09% 1.26%
0.64% -0.16% 0.51% 1.01% 0.43% -8.28%
-0.32% 0.71% -0.76% -0.59% 1.45% -6.25%
-0.74% 0.01% -4.16% -2.98% 2.18% 2.62%
-1.03% -1.32% -0.40% -2.45% -0.33% 13.70%
1.39% -2.59% -0.80% -2.15% -6.25% -10.07%
-2.06% -0.98% -0.81% -1.37% 1.49% -4.41%
-4.51% -2.07% -4.43% -3.93% -0.96% -8.24%
-0.02% 0.96% 1.54% 1.80% -2.04% 3.13%
-1.16% -0.65% 1.93% 1.86% -2.73% -2.79%
0.71% 2.63% 0.54% 3.88% 1.10% 5.01%
-2.87% -2.15% -0.14% -1.52% 2.88% -0.57%
-1.49% -1.72% -1.51% -2.27% 0.71% -1.24%
1.24% 1.23% 2.19% 1.01% 4.39% 5.56%
-3.40% -4.11% -4.42% -5.52% -3.69% 0.24%
0.51% -0.59% 0.84% 1.72% -0.79% 8.04%
1.39% 1.55% 1.11% 0.38% 0.44% -3.23%
0.95% 1.67% -0.69% -2.48% 2.26% 0.37%
-1.52% -0.61% 1.80% -0.29% -0.26% 1.69%
0.94% 0.99% 2.30% 0.87% -0.17% -5.48%
0.05% -0.22% -2.03% -1.45% -0.69% -2.82%
-3.60% -3.04% -2.35% -3.98% -2.99% 0.08%
0.32% 0.53% 0.56% -0.30% -0.09% 9.09%
0.90% -0.98% -2.68% -0.51% 2.12% -4.22%
1.20% 0.73% 1.42% 1.02% 1.91% 4.86%
1.58% 1.10% 2.91% 2.60% 1.20% 6.95%
0.48% 0.07% 0.27% 1.08% -2.75% -1.28%
-1.06% 0.12% 0.27% -3.78% -2.12% 8.03%
1.64% 1.06% 0.81% 2.60% 4.27% 11.43%
3.35% 1.40% 0.67% 3.40% -0.09% 0.00%
-0.28% 0.93% 0.13% 2.54% 0.60% 5.92%
1.43% 0.79% -0.27% 2.12% 2.60% 12.20%
1.70% 0.81% -0.67% -0.91% -0.83% -1.17%
-1.00% -0.19% 2.14% 0.09% -2.54% -4.29%
0.01% 0.07% 1.44% 0.18% -1.81% 2.44%
0.03% 0.91% -0.52% 0.91% -0.26% 6.16%
-0.83% 1.49% 1.04% -2.02% 11.47% 6.91%
-0.20% -0.76% -1.96% 1.01% -4.30% -3.57%
0.01% -0.48% 1.05% -0.37% -1.56% -3.88%
0.53% -0.68% 0.13% -1.86% 0.74% -9.44%
-0.77% -0.35% -1.32% -0.66% 0.08% -2.28%
0.13% 0.07% 0.26% -1.62% 0.08% -0.15%
-0.27% -1.38% 0.13% 1.43% -2.57% -4.24%
1.04% 0.29% -0.53% 0.94% -0.84% -0.59%
0.27% -0.53% -0.40% 0.93% 0.00% -8.70%
-0.22% 0.72% -1.21% 2.75% -1.19% -5.98%
1.51% -1.22% 0.54% -1.64% -2.78% -9.60%
-1.22% -2.38% -0.81% -0.83% -1.33% -4.27%
-1.38% -2.65% -0.27% -2.25% -1.89% -4.54%
0.23% 1.23% 1.21% 1.78% -0.46% 9.76%
0.68% 1.45% 1.86% 2.03% 1.00% 1.55%
-1.20% -1.39% -0.79% -3.71% 0.00% -5.92%
-2.07% -1.96% -2.14% 0.38% -1.37% -2.01%
0.93% 1.10% 1.74% 2.33% 0.91% -7.04%
1.04% 1.19% -1.07% 1.46% 1.80% -3.96%
1.15% 1.06% 0.67% 1.62% 2.03% 5.73%
-0.51% 0.29% -0.80% 0.53% -2.12% 4.55%
0.67% 0.35% -0.95% -2.34% -1.08% 3.86%
-0.62% -1.73% 0.54% 1.89% 0.72% -5.77%
-5.68% -0.13% 0.67% -1.17% 1.25% 4.00%
-0.13% -0.78% 0.67% 0.27% -0.53% 2.95%
-1.13% 1.66% -0.27% -0.18% -0.09% -10.67%
1.04% 0.51% 3.29% 5.27% 1.15% -0.54%
0.31% 0.95% -0.78% 2.70% 2.70% -2.35%
-0.23% -0.95% 1.94% 0.42% 0.68% 4.50%
1.02% 0.23% 1.27% 1.56% 0.85% -0.69%
0.39% -0.88% 0.88% 0.81% -1.53% 11.53%
-1.59% -0.29% 2.35% -1.06% -0.60% 6.84%
1.06% -1.06% -0.37% -1.57% -0.95% 7.17%
-1.13% -0.22% 0.00% -2.44% -1.49% -6.73%
1.34% 2.96% 2.42% 0.26% 3.39% 7.56%
1.57% 2.93% -0.12% -0.26% 1.02% 12.51%
0.16% 1.96% 1.55% 1.77% 1.01% 5.34%
0.64% -2.21% -1.31% -2.97% -1.01% -4.88%
-0.79% 2.10% 0.36% -0.26% 0.59% -3.89%
-0.06% -3.12% -0.12% -3.88% 0.92% -0.38%
-1.57% -0.61% 0.71% 1.07% -0.84% -17.22%
0.09% -1.39% -0.95% -2.52% -0.17% -1.55%
-0.82% -0.83% -3.65% -1.93% 0.76% 4.07%
-0.36% -0.44% -0.50% 1.02% -0.42% -3.87%
0.30% 1.00% 2.22% 1.19% 1.42% 2.56%
-0.07% -0.97% 1.09% -1.74% -1.50% -14.22%
 0.16% -1.03% -0.97% -0.56% -2.81% -5.23%
-0.99% 0.31% -1.23% -0.75% 2.81% 4.35%
0.48% 2.38% -1.87% 1.95% 2.49% 2.11%
0.37% -0.43% 0.75% 0.82% -0.74% 7.88%
1.21% -0.67% -0.75% -1.19% 0.00% -14.41%
-0.65% -0.25% -2.54% -2.62% 0.66% -6.17%
-0.98% -0.06% 0.51% -1.33% -0.41% -3.74%
0.51% -0.83% 2.28% -0.29% -4.38% -24.13%
-1.15% 0.42% 0.00% 1.05% 0.43% 0.86%
-0.60% -0.79% 1.49% 0.66% 0.77% 12.17%
-0.10% 1.13% -0.62% 1.32% 3.59% -3.66%
-0.06% -0.35% 0.62% 0.65% 0.00% 0.59%
0.99% 1.60% 1.83% -0.37% 1.06% -8.99%
0.52% 0.22% -0.12% -0.28% 0.08% -12.99%
-0.01% -0.87% 0.12% -0.19% 0.49% 1.57%
-0.11% -0.14% 0.72% 0.37% -0.73% -3.16%
1.16% 1.98% 0.84% 1.20% 0.57% 10.44%
-0.82% -1.59% 0.00% -0.55% 0.97% -4.67%
-0.06% 1.11% 0.12% 2.20% 0.80% 5.78%
0.07% -0.46% 0.36% -0.09% 1.03% -3.47%
0.14% 0.27% 0.95% 2.95% 0.16% -5.15%
0.11% -0.69% 1.17% 1.14% 0.31% 1.31%
0.76% 0.79% 0.00% -0.09% -1.18% 4.18%
-0.03% 0.50% 1.84% 0.69% 0.55% -12.18%
-0.42% -0.38% -0.57% -0.09% 0.55% -2.75%
-0.05% 0.16% 0.69% 2.56% 0.94% 7.94%
0.27% -0.34% -0.57% 0.34% 0.16% -3.04%
-1.84% -0.59% -0.81% 2.66% -0.16% -7.54%
0.92% 0.43% 0.81% -0.66% -0.62% -1.21%
1.02% 1.59% 0.91% 4.12% 0.00% -7.13%
-0.80% -0.81% 0.11% -0.40% 2.85% -1.27%
-0.18% 0.76% 0.34% -7.85% -0.15% 3.95%
0.07% -0.82% -0.91% -0.60% -0.23% 0.49%
0.83% -1.52% 1.14% -0.61% -3.65% -0.53%
1.05% 0.76% -0.11% -1.84% -1.35% 1.07%
-0.04% -0.89% -0.11% -1.43% -0.64% 5.01%
-0.07% 0.95% 0.11% 0.36% -1.71% -1.52%
-0.57% -0.86% 0.34% -0.36% 0.65% -1.78%
0.59% -0.16% -1.13% -3.85% -0.82% -8.53%
0.99% -0.39% -1.15% 0.65% 0.90% -6.24%
0.24% -0.38% 0.00% 2.74% 0.32% -9.81%
0.62% -1.44% -0.93% -6.82% -0.73% -13.56%
3.34% -0.58% 1.50% 0.48% -2.82% 1.52%
-0.71% -0.63% -0.69% 2.19% -2.04% 0.70%
-1.63% -0.68% -1.39% -1.23% -1.99% -7.06%
 -1.39% -2.41% -2.73% -1.73% -2.93% 0.51%
0.67% -0.14% 1.55% 0.10% 1.34% 5.13%
-1.34% -0.84% 0.00% -2.55% -0.80% -5.20%
-0.67% 1.06% 0.24% 0.20% -0.72% -7.07%
4.96% -4.21% -0.24% -3.94% -2.19% 1.14%
1.75% -2.26% 0.24% 1.53% -3.28% -3.53%
1.92% -1.26% 1.64% 0.10% -0.48% 9.06%
4.73% 4.50% 0.81% 0.71% 2.46% -0.99%
0.27% -1.36% -0.23% -2.45% 0.37% -1.07%
-2.16% -0.66% -1.28% 0.00% -1.50% -1.99%
0.66% -2.49% -0.70% 1.84% -1.52% -14.25%
-0.62% 0.95% 0.70% -0.71% 0.76% 3.39%
1.19% 1.22% 0.93% -0.41% 2.91% 8.33%
-0.65% -0.56% 0.69% -1.97% 0.28% -3.09%
-2.37% -0.46% -0.12% -0.84% 1.01% 0.12%
0.27% -1.28% 0.80% -2.13% 0.00% 14.18%
-0.16% 0.77% 0.80% 1.28% 2.08% 3.08%
0.24% -0.80% -1.03% -0.32% 0.89% -7.84%
-0.92% -1.23% -0.34% -0.96% -1.07% -1.73%
-2.30% -4.80% -0.92% -6.33% -3.84% -9.67%
-3.28% -3.91% -0.12% -1.15% -3.22% -1.40%
-1.39% -2.22% -1.99% -0.58% -2.04% -3.88%
-4.87% -6.21% -2.64% -0.82% -4.11% -14.58%
-2.25% 3.20% -1.10% 2.44% -3.43% -8.86%
3.14% 4.63% 0.61% 0.69% 4.85% 10.23%
-4.10% -4.91% -1.23% -2.54% -0.30% 7.41%
4.04% 2.16% 0.74% -2.01% -0.30% 5.67%
-3.54% -4.51% -1.61% -2.91% -2.57% -11.90%
-1.41% -4.95% -3.95% -3.37% -9.60% -7.88%
-8.08% -13.04% -12.58% -14.61% -29.19% 16.45%
5.74% 3.64% 0.15% 6.41% 10.47% 15.68%
-5.60% -3.35% -8.59% -10.61% -4.23% -8.59%
-13.75% -12.14% -17.66% -16.11% -5.94% -7.14%
4.88% 2.50% 12.90% 13.15% 6.22% 8.70%
-8.57% -10.01% -23.80% -19.28% -14.01% -15.32%
7.36% 6.51% -3.03% 5.23% -5.78% -13.27%
-2.95% -10.56% -20.41% -13.61% -19.25% -16.17%
-3.15% 3.88% 1.07% 4.08% 13.11% 7.54%
-5.06% -5.03% -4.36% -0.20% -8.35% -13.04%
-0.65% -4.02% -7.22% -6.63% -1.22% 2.48%
10.71% 11.94% 4.11% 15.81% 2.03% 11.78%
0.35% 5.09% 15.91% 7.06% 1.99% -2.94%
6.44% 4.02% 14.57% 1.86% -5.05% -5.59%
-4.40% -4.94% -5.22% -10.95% -7.75% -2.86%
4.44% 1.48% -2.94% 0.93% -5.52% 3.42%
-0.01% -0.20% -0.11% -0.26% -0.27% -0.86% Alpha Diario
-1.60% -39.41% -23.61% -48.06% -49.52% -88.66% Alpha Anual

2.07% 2.17% 3.05% 3.20% 3.22% 6.78% Tracking Error Diario

32.81% 34.46% 48.35% 50.80% 51.15% 107.58% Tracking Error Anual
 Banco
Walmart Disney IBM Exxon Grupo Aval Santander US Oil
de Brasil

1.99% 0.05% 0.49% 0.96% 3.16% 4.38% 3.52%

-2.75% -0.34% 0.46% 0.24% 2.04% -0.12% -1.09%
0.47% 0.16% 0.01% -0.18% -0.54% -1.09% 0.38%
-0.27% -0.19% 0.45% -0.24% -0.50% -2.55% 1.06%
-0.74% 0.71% 0.31% 0.12% 1.12% 1.09% 4.70%
-0.38% -0.34% 0.46% -0.96% 2.83% -0.14% 0.00%
-0.11% -0.12% -0.26% -0.44% 0.45% -0.06% -1.80%
0.64% 0.32% -0.36% 0.40% 0.82% 2.47% -1.42%
0.29% -1.66% 0.04% -1.01% -1.80% -4.35% 1.79%
-0.12% -0.99% -0.31% -0.26% 0.51% -0.62% 0.32%
-0.35% -0.67% -0.29% -0.07% -1.93% -0.20% -1.03%
-0.29% -1.28% 0.02% -0.12% -1.90% 0.65% 1.20%
1.18% 1.03% 0.37% -0.09% -0.82% -0.46% -0.27%
1.02% 0.25% 7.90% -1.04% -0.83% 4.57% -0.85%
-0.49% -0.65% -0.41% 0.00% 2.13% -0.97% 0.94%
-2.30% -0.36% 0.24% -0.40% 1.22% -0.39% -0.13%
0.91% 0.54% 1.01% 0.12% 0.35% 0.56% -1.92%
-0.22% 0.23% 0.19% 0.52% 0.44% 0.37% 2.05%
-3.54% -2.24% -1.51% -0.46% -1.54% -2.69% 0.58%
0.22% 0.40% -0.83% 0.50% 0.60% 1.04% -1.30%
-2.17% -0.29% -0.33% 3.45% -0.81% -0.09% 2.35%
0.29% -0.23% 0.13% -2.13% 2.47% 2.29% -1.80%
0.40% 0.30% -0.20% 0.55% 0.51% -1.50% -2.31%
0.26% -0.89% 0.79% -0.21% -0.34% -4.92% 0.49%
2.07% 0.53% -1.38% 0.17% 0.38% 0.86% -1.29%
-1.26% 0.44% 0.32% -1.01% -0.49% 1.70% 0.02%
0.58% -1.94% 0.14% 0.09% -0.07% -1.84% -0.70%
-0.48% -1.50% 0.24% 0.46% -0.15% 1.10% 0.07%
0.69% 0.61% 0.77% 0.82% -0.72% -3.38% 1.30%
0.86% 0.68% -0.49% 0.29% 0.41% 3.27% 1.49%
0.40% 0.65% 0.05% 0.79% -0.10% -0.40% 0.90%
2.04% 0.66% 0.33% 0.52% 1.37% 0.00% 0.45%
-2.47% -0.03% -0.68% 0.21% -0.59% -2.39% 1.09%
-0.14% 0.89% 0.24% -0.55% 0.35% -0.19% -0.07%
-0.48% 0.20% 0.38% 0.13% 0.86% -0.56% -0.05%
-0.56% -1.57% 0.03% -0.02% 1.62% -1.92% -3.35%
-0.36% 0.00% 0.27% 0.28% 1.93% -0.32% 0.60%
-0.54% -0.58% -0.34% 1.08% -1.66% -1.22% 2.27%
1.18% 0.34% -0.47% -0.27% 3.04% -3.89% 0.79%
-1.76% 0.34% 0.08% 0.53% -2.38% -2.63% -3.14%
0.31% 0.67% -0.17% 0.78% -0.27% 0.64% 1.58%
0.61% -0.18% -0.28% -0.04% -0.15% 0.20% 0.28%
 0.57% 1.40% 0.00% -0.49% 2.63% -2.80% 0.06%
-0.01% 0.08% -0.37% 1.92% -0.63% 0.64% 1.33%
0.36% 0.04% 0.01% -1.23% -0.18% 1.35% -0.47%
-0.55% -0.63% 0.46% -0.49% -1.59% 2.30% -0.35%
-0.41% -0.31% 0.12% -0.02% 1.16% -0.04% -0.04%
-0.02% -1.25% -0.49% 0.19% -1.88% 2.51% 1.80%
-0.73% 0.43% 0.25% -0.25% 1.14% -1.79% 0.33%
-0.29% -0.08% -0.04% -0.86% -0.10% -0.83% -0.66%
0.88% -1.98% 0.19% 0.78% 1.44% 1.60% 0.53%
0.20% -2.78% 0.21% -0.25% 1.03% -1.05% -0.23%
-0.92% 0.29% -0.34% 0.85% 0.29% -0.69% 2.07%
-0.65% -2.30% 0.23% -0.50% -1.97% -4.19% -1.56%
1.13% 1.52% 0.50% 0.30% 1.14% -3.70% 0.21%
-0.03% -0.32% -0.11% -0.61% -1.21% 2.14% 0.25%
-0.56% 1.44% 0.03% 0.58% -0.19% 0.34% 1.06%
-0.67% 0.59% -0.24% -0.30% 0.07% -7.17% -0.58%
-0.44% 0.03% 0.13% 0.14% -0.36% 4.26% -0.28%
-0.26% -0.38% 0.17% -0.60% 1.01% 0.67% 0.54%
-0.85% 0.17% 0.40% -0.01% -0.77% 1.40% 1.38%
-0.91% -0.49% -0.21% -0.43% -0.51% -0.61% 1.47%
0.04% 0.28% 0.22% -0.81% 0.04% -1.53% -0.37%
0.73% 1.75% -0.80% 1.20% 1.07% 2.58% -0.75%
0.27% -0.24% -0.11% 0.07% 0.54% 1.33% 1.30%
0.30% -0.14% -0.03% 0.51% 2.13% -0.44% 1.78%
0.06% 2.25% -0.29% -0.69% 4.10% -0.67% 0.08%
0.57% -0.09% 0.29% -0.80% -0.70% 0.68% 0.25%
1.19% -0.48% 0.53% 0.47% -0.24% -2.07% -1.05%
0.09% 10.27% -0.26% -1.92% -1.38% -1.27% -0.43%
0.92% 1.57% -0.25% -0.27% -0.90% 0.50% -0.39%
0.44% -1.68% 0.81% 0.63% -0.54% 1.33% 0.93%
0.45% 1.64% -4.02% 0.51% 1.56% -3.89% -0.45%
-0.14% 0.37% 0.72% -0.53% -1.24% 2.14% 0.14%
-0.89% -0.68% -1.13% 2.06% -0.34% 0.94% 2.49%
-0.20% 0.39% 0.23% -0.30% -0.64% 0.32% -0.01%
0.66% 1.52% -0.13% -1.74% -1.99% -2.64% -0.58%
0.03% 1.61% -0.91% 0.60% -0.46% 0.82% -1.07%
-2.41% 1.47% 0.12% -2.59% -0.59% 0.75% -3.77%
-0.08% -0.55% -0.39% -0.76% -0.11% -0.19% 0.96%
1.16% -1.78% 0.78% 0.29% -1.99% -1.40% 0.36%
-0.70% 0.32% 0.96% -1.27% 0.88% -0.30% 0.22%
0.01% -1.44% -0.48% -1.56% -0.30% 0.57% -2.86%
-0.04% -0.82% -0.49% -0.73% -0.70% -0.17% -0.57%
0.82% 0.95% 0.54% 0.01% -0.58% -2.56% 1.99%
0.53% 0.50% -0.31% 1.13% 1.02% 0.40% -0.97%
-0.83% 1.32% 0.42% 0.32% 0.16% 3.30% 1.41%
-0.46% -0.74% -1.64% 0.21% -0.61% -1.84% -0.32%
1.98% -0.04% -0.39% -0.65% -1.16% -0.73% -0.14%
0.44% 0.41% -0.48% 1.33% 0.04% -1.90% 1.19%
-0.40% 0.61% 0.63% -0.67% -1.88% 2.36% 0.69%
-0.99% 0.52% 0.23% 0.15% -2.23% -2.43% 0.19%
0.54% -0.28% 0.21% -0.90% -2.42% -3.92% 0.42%
0.14% 0.25% -0.57% -0.01% -0.55% -2.24% 0.13%
1.33% -0.16% 1.27% 0.66% 0.53% 3.41% 1.21%
-1.24% -0.71% 0.13% -0.39% 0.71% 4.04% -1.00%
1.37% 0.10% 0.21% -0.63% 0.98% -0.82% -2.73%
0.84% 0.36% -1.75% -1.17% -2.06% -0.96% -4.04%
0.66% -0.09% -0.22% 0.28% 2.43% 0.81% 1.02%
0.60% 0.71% -0.54% -1.19% -2.73% 3.98% 0.84%
0.40% -0.10% 0.10% 0.07% 2.28% 3.21% 0.78%
-0.14% 0.27% -0.30% -0.47% 0.22% 1.63% -4.21%
0.59% 1.21% -0.68% -0.35% 0.18% 1.59% -4.45%
0.79% 0.60% 1.28% 1.83% 1.42% 0.36% -0.72%
-1.53% -0.36% 1.27% 0.23% -1.69% -0.66% -0.59%
0.98% 0.01% -1.72% -1.65% -2.24% -3.76% -4.37%
0.05% 0.32% -0.06% 1.19% -0.32% 0.53% 2.05%
-0.14% -0.44% -0.22% -0.68% 0.81% -0.52% 0.48%
0.90% -1.17% 0.60% -0.02% 1.07% -1.86% -1.54%
0.42% -1.43% 0.93% -0.06% 0.45% 1.34% 0.03%
1.02% 0.68% -0.59% -0.88% 0.48% -1.46% -4.12%
-0.57% 3.93% 0.25% 0.47% 1.77% -0.59% 1.82%
0.55% 0.10% -0.29% -0.28% 0.30% -2.16% 0.71%
-0.01% -0.57% -0.24% 0.90% -0.50% -0.18% -1.29%
-0.52% -2.20% 0.09% -0.11% 1.70% 2.50% 3.02%
-0.33% 0.90% 0.21% -0.85% 0.10% 0.83% 0.41%
-0.31% -0.17% 0.34% 0.76% 1.14% 1.61% 3.54%
0.86% -1.14% 0.38% 1.53% -1.69% -0.55% 1.13%
0.27% -0.55% 0.28% -0.78% 2.63% 2.02% 0.51%
0.49% 1.47% 0.24% 0.07% 1.59% -1.83% 0.87%
-0.38% 0.45% 0.24% 0.56% -0.39% 0.89% 2.51%
-0.44% -1.17% -0.38% -1.41% -0.13% 0.04% -0.38%
-0.22% -0.33% -1.02% 0.49% 0.82% -0.24% -2.63%
-0.65% 0.66% 0.66% -0.86% -0.39% -0.34% 1.21%
0.59% 0.33% -0.05% -1.40% -1.93% -0.46% -5.13%
-0.12% -0.45% 0.17% 0.18% -0.51% 0.57% -0.17%
-0.12% -0.19% 0.07% -0.23% 4.40% 3.44% 1.70%
1.14% -0.52% -0.09% 0.94% -1.98% -1.62% 0.32%
0.02% 0.29% -1.01% -0.19% 1.11% 0.20% 0.79%
-0.36% 0.90% 0.36% 0.95% -0.45% 0.77% 3.54%
0.60% -0.21% 0.32% -0.15% -0.72% -0.55% -0.07%
0.13% 0.45% 0.60% -0.38% -1.58% -0.30% -0.70%
 0.31% 0.11% 0.39% -0.73% 1.22% -1.24% -1.79%
0.15% -0.18% 0.49% -1.16% 1.08% 1.07% -1.55%
0.52% -0.55% 0.33% 0.06% 1.27% 1.46% -2.03%
-0.25% -1.02% 4.13% -1.21% -1.83% 2.74% -1.99%
-0.10% -0.65% 0.65% 0.82% 0.87% -2.39% 1.57%
-1.24% 0.42% -0.24% -0.18% 0.09% -0.28% -0.20%
-1.33% -0.38% -0.26% -0.28% -0.68% -1.57% 0.42%
-0.55% -0.45% -0.70% -0.48% -0.71% -1.86% -2.35%
0.72% 1.88% 0.77% -0.04% -2.47% -1.81% 0.61%
-0.03% 0.26% -0.09% -0.90% -0.23% 0.27% -0.31%
-0.50% 1.36% -0.16% 0.87% -0.60% -0.42% 1.61%
0.07% -0.74% -0.48% 0.27% -3.90% -2.72% 2.43%
-0.42% -0.24% 0.07% -0.23% 0.70% -1.36% 0.76%
-0.01% 0.09% 2.30% -1.68% 0.10% -1.25% -5.35%
0.75% 0.63% -1.33% -0.25% -0.08% -0.64% 2.22%
-0.30% 0.59% -1.48% 0.95% -1.40% -0.91% 2.06%
0.07% 1.26% -1.31% -0.33% 0.25% 0.51% -3.34%
0.79% -5.14% -1.23% -0.73% 1.85% 1.78% -2.81%
-1.56% 0.36% -1.15% 0.77% -1.31% 2.02% -0.76%
-0.49% 1.12% -2.21% -1.49% 0.53% -0.85% 3.54%
-0.70% -0.78% -0.25% -0.48% -0.27% -1.03% 1.95%
0.56% -0.58% -0.26% -0.27% 0.68% -0.49% 2.89%
1.84% -0.11% -0.43% -1.14% -1.45% -2.55% -0.72%
5.69% 0.17% 0.26% -0.84% 0.60% 1.47% -1.04%
-1.17% -0.10% -0.05% 0.12% -0.32% -1.05% -0.99%
-0.48% -1.14% -0.25% 0.47% -1.90% -3.68% 1.05%
-0.76% 0.68% -0.73% 0.19% 2.59% 0.50% 0.54%
-0.85% -0.36% 0.11% 0.17% 1.48% 0.05% -0.99%
-0.05% 0.29% 0.10% -0.16% -1.98% -1.40% -0.64%
1.66% -0.67% -0.97% -0.41% 0.28% -1.35% -0.36%
-0.05% 1.12% -0.77% -0.56% -0.53% -1.40% -1.18%
0.70% 0.23% 1.22% -0.66% -2.36% -0.19% 2.44%
-0.39% 0.87% 0.55% 0.07% 0.77% 0.36% 1.26%
-0.06% -0.32% 0.32% -0.16% 1.65% 1.34% -0.07%
0.09% -0.49% 0.42% 0.01% 0.21% 1.01% -2.82%
1.02% 0.00% -0.37% 0.81% 0.96% -3.09% -1.42%
0.02% 0.07% 0.56% -0.02% -0.27% 1.52% 3.20%
-1.70% -0.61% 2.06% 0.11% -0.62% 2.10% -1.38%
-0.71% 0.42% -0.38% 0.84% 0.04% 2.45% 0.51%
1.39% -0.51% 1.44% 0.80% -0.26% 2.13% 2.61%
-0.27% -2.25% 1.67% 0.78% -0.71% -0.95% -0.86%
-0.75% -0.43% -1.73% -0.91% 1.42% -0.63% -3.26%
0.49% 0.67% -0.27% -0.22% 1.16% -0.10% -2.10%
0.51% 0.45% 0.11% 0.99% -0.45% 0.98% -0.19%
-1.28% -1.31% -0.52% 1.80% 1.36% -1.70% 11.78%
 0.55% 0.12% -0.45% -1.02% -2.22% 0.76% -4.56%
0.52% 0.32% -0.02% -0.51% 1.02% -0.40% -1.59%
-0.04% -2.59% 0.52% -0.68% 0.13% -1.86% 0.74%
0.38% -0.28% -0.27% 0.14% -0.83% -0.17% 0.57%
0.56% 0.15% 0.14% 0.08% 0.27% -1.61% 0.09%
1.51% 0.47% 0.57% -0.54% 0.98% 2.27% -1.73%
-0.55% 0.23% 0.43% -0.32% -1.14% 0.33% -1.46%
0.10% -1.13% 0.52% -0.29% -0.16% 1.18% 0.24%
0.66% -0.47% 0.32% 1.25% -0.67% 3.28% -0.66%
-0.31% -0.23% 1.01% -1.73% 0.03% -2.14% -3.29%
0.53% 0.64% 0.02% -1.15% 0.43% 0.40% -0.10%
0.33% 1.49% 0.43% -0.84% 1.54% -0.44% -0.09%
-0.63% -1.56% -0.56% 0.43% 0.42% 0.99% -1.25%
0.17% 0.23% -0.73% 0.03% 0.45% 0.61% -0.41%
-0.34% 0.93% -0.75% -0.94% -0.34% -3.27% 0.45%
1.87% -0.31% -0.51% -0.39% -0.57% 1.95% 0.20%
0.24% -0.24% 0.02% 0.20% 0.84% 1.42% 0.01%
-0.07% -0.63% 0.40% 0.55% -1.71% 0.82% 1.16%
-0.56% -0.56% 0.06% -0.02% -0.42% 0.53% 0.95%
-0.76% -0.11% -0.37% 0.43% -0.67% 0.67% -1.99%
-0.69% -0.94% -0.32% -0.64% -1.94% -3.33% -2.07%
0.11% 1.04% -0.42% -1.53% 0.74% 2.09% 0.92%
0.08% 0.87% -5.96% -0.41% 0.40% -1.44% 0.97%
-0.19% -0.73% 0.27% -0.39% 1.06% 0.66% -0.14%
-0.18% -1.17% -1.82% 0.97% -0.95% -0.86% -0.77%
0.22% 1.99% 1.39% 0.87% 3.65% 5.63% 1.51%
-0.48% -1.25% 0.03% 0.67% -1.06% 2.42% 2.41%
-0.40% -0.86% -0.42% -1.14% 1.74% 0.22% 0.49%
-0.46% 0.08% 0.61% -0.18% 0.86% 1.16% 0.44%
-0.41% -0.84% -0.17% -1.44% 0.32% 0.26% -2.09%
-1.67% -0.72% -1.51% -0.21% 2.43% -0.97% -0.52%
0.48% -0.23% 0.74% -1.38% -0.69% -1.89% -1.28%
-0.41% 0.55% -0.83% 0.08% 0.30% -2.14% -1.19%
-0.66% 1.19% 0.38% 2.00% 1.46% -0.71% 2.43%
-0.41% -0.24% 1.20% 2.56% -0.49% -0.62% 0.65%
1.21% -0.99% 0.28% 2.08% 1.67% 1.89% 1.13%
0.47% -0.21% 0.57% -2.28% -1.38% -3.04% -1.08%
0.34% 1.01% -1.06% 1.83% 0.09% -0.53% 0.32%
-0.91% 3.44% -0.31% -3.37% -0.38% -4.13% 0.67%
-0.14% -0.69% -1.37% -0.41% 0.91% 1.27% -0.64%
-0.09% 1.18% -0.07% -1.54% -1.11% -2.68% -0.32%
1.48% 6.99% -0.89% -0.90% -3.73% -2.00% 0.68%
-0.36% -1.14% -0.44% -0.52% -0.58% 0.93% -0.50%
-2.25% -2.47% -0.47% 0.24% 1.45% 0.42% 0.65%
1.10% 1.99% -0.12% -1.02% 1.04% -1.79% -1.55%
-0.24% 0.55% 0.22% -0.97% -0.91% -0.50% -2.75%
-0.26% -0.61% -0.61% 0.69% -0.85% -0.37% 3.19%
0.77% 0.14% 0.64% 2.54% -1.71% 2.11% 2.65%
-0.64% 0.72% 0.16% -0.65% 0.53% 0.61% -0.96%
-1.12% 0.19% 0.46% -1.41% -1.50% -1.94% -0.75%
0.01% 1.07% -0.87% -0.47% -2.76% -2.84% 0.44%
-0.78% -0.52% -1.40% -0.47% 0.10% -1.75% -0.83%
0.68% 0.47% 0.91% -0.43% 2.68% 0.11% -3.98%
1.03% 0.23% -0.29% 1.29% 0.87% 1.92% 1.30%
0.15% -0.70% 0.07% -0.13% 2.16% 1.33% 1.43%
-0.61% -0.83% -0.73% 0.50% -1.25% 0.69% 2.96%
-0.18% -0.72% -0.21% -0.50% 0.47% 0.50% -0.15%
0.03% -0.76% 0.08% 0.69% 0.93% -1.28% 0.15%
-0.03% -0.67% 0.84% 0.53% 0.20% 0.04% 0.40%
-0.07% 0.03% 0.10% -0.76% 0.23% -0.08% 0.60%
-0.41% 0.72% -0.40% -0.44% 0.43% 0.08% -1.02%
-0.22% -0.74% 0.31% 1.13% -0.02% 0.35% -0.29%
0.43% -0.95% -0.83% -1.60% -0.01% -0.56% 0.96%
-0.50% 0.70% -0.77% 0.39% -0.59% 1.49% 0.09%
0.58% -0.53% 0.03% -0.49% 0.32% -0.12% 0.99%
-1.13% -0.96% 0.18% 0.32% 0.99% 2.99% 0.20%
-0.26% -0.52% -0.33% -1.13% 0.72% 0.69% -0.13%
-0.32% 0.00% 0.27% 0.30% -0.49% -0.58% -1.67%
-1.14% -1.60% -0.12% 0.41% 1.76% 0.61% 0.47%
0.42% 0.44% -0.40% -0.37% -0.55% -0.07% 0.57%
-0.50% -0.23% -0.56% -0.35% 0.17% 2.05% 0.42%
0.06% 0.03% 0.26% -0.35% -0.58% 0.33% 0.15%
0.42% -0.79% -1.26% -0.01% -0.23% 3.24% 0.42%
-0.76% 0.30% 0.63% 0.14% 0.51% -0.95% -0.92%
-0.75% 1.60% 0.19% 0.76% 0.08% 3.28% -0.83%
-0.18% -0.45% -0.09% -0.10% 0.82% 0.31% 3.56%
-0.56% -0.93% -0.53% 0.41% -0.01% -8.20% -0.50%
-0.65% 0.32% 0.35% -0.54% -0.63% -0.32% 0.05%
-0.83% -0.70% 0.34% -2.01% 0.65% -1.10% -4.13%
0.36% -1.06% 0.39% 0.10% -0.78% -2.51% -2.02%
-0.55% 0.14% 0.25% -0.61% 0.17% -1.14% -0.36%
-1.13% -1.21% -0.76% 0.25% -0.58% -0.34% -2.40%
0.41% 1.06% -0.42% -0.71% 0.49% -0.21% 0.81%
-0.96% -0.79% 0.40% -0.35% -1.32% -4.03% -1.00%
-0.30% -0.28% 0.16% -1.22% -1.98% -0.18% 0.07%
-1.20% -0.93% -0.15% -0.76% -0.39% 2.36% -0.06%
0.81% -0.27% 0.89% -1.17% -0.66% -6.55% -0.47%
0.41% 0.28% 3.31% -0.61% 1.47% 0.45% -2.85%
-0.36% -1.38% -0.83% -0.74% -0.80% 2.07% -2.15%
-0.34% -0.59% -0.72% 0.23% -0.49% -0.32% -1.08%
 2.88% -1.44% 0.20% -0.83% -1.14% -0.14% -1.34%
-0.36% 0.80% -0.33% -1.14% 0.55% -0.90% 0.34%
-0.52% -1.60% -1.26% -0.75% 0.09% -2.46% -0.72%
0.28% 0.97% -0.98% 0.74% -0.08% -0.11% -1.03%
-0.02% 2.15% 6.75% -2.42% 1.55% -2.16% -0.40%
-0.92% 1.43% 1.03% -2.99% -0.49% 0.81% -4.00%
-0.62% 0.90% 0.44% -2.75% 0.15% -1.39% -1.96%
0.21% -3.47% 3.61% 3.38% -0.31% -0.41% 1.34%
-0.76% 0.60% -0.06% -1.70% -0.56% -2.78% 0.04%
0.66% -0.64% -1.62% -0.12% -0.74% 0.54% -0.96%
-1.77% 0.38% -0.07% -3.22% -1.43% 1.11% -2.25%
-0.04% -1.28% -0.79% 0.78% 0.54% -0.88% 0.60%
-0.25% -0.05% 0.54% 0.57% 0.29% -1.05% 2.27%
1.53% -0.51% -0.48% -0.39% 0.86% -1.80% 0.44%
0.20% -1.15% -2.55% -0.64% -0.30% -1.02% 0.83%
1.76% 0.01% 0.56% -0.99% 1.10% -1.84% 0.29%
-2.11% 1.07% -0.63% 0.30% 0.33% 0.81% 1.61%
0.39% -0.28% 0.62% -0.42% -0.64% 0.06% 1.27%
1.81% 0.06% 0.14% -0.17% 0.71% 0.09% -0.01%
1.48% -0.97% 1.11% -1.39% 2.49% -2.92% -0.43%
1.40% -0.62% -0.20% -0.83% 2.96% 1.92% -0.14%
-0.16% -3.46% -1.01% -1.84% -1.62% -0.20% -1.66%
1.50% 0.11% -0.35% -1.69% 1.88% 3.70% 0.41%
-1.67% 0.50% -1.42% 4.03% -0.27% 3.27% -2.61%
2.84% -2.54% -1.36% 0.13% -3.89% -3.81% 0.35%
0.25% -0.14% -1.25% -2.06% 1.62% 0.31% 2.55%
-0.77% -1.82% -0.09% -1.97% -3.39% -6.14% -4.44%
2.72% -1.01% -0.09% -1.06% 1.84% 0.55% 0.88%
2.84% 2.85% 0.31% -3.23% -2.23% -1.65% -7.88%
7.84% -2.05% -0.18% -5.14% -4.68% -6.71% -21.29%
-2.60% 1.77% 0.92% -1.19% -4.67% 1.59% 5.65%
0.43% -0.48% -0.59% 1.66% -3.58% -5.60% 0.78%
0.49% -3.91% -3.76% -2.15% -7.66% -6.11% 4.06%
0.34% 2.15% -4.00% -6.38% 4.02% 4.27% -2.66%
6.12% 5.16% 4.19% 2.76% -11.03% -6.52% -1.25%
5.25% -7.39% 1.54% 0.69% -8.85% -0.60% -11.61%
8.07% 0.13% 2.37% -5.24% -15.09% -8.29% -13.93%
-3.06% 6.21% -3.62% 3.41% 0.60% 3.61% 12.64%
-0.26% -5.47% -0.63% -0.60% 0.07% 4.23% -3.91%
3.24% 2.72% 2.32% -1.05% -4.24% -3.65% 1.75%
-8.31% 4.50% 1.74% 2.98% -4.86% 6.84% -6.94%
-6.17% 1.48% -0.80% 3.94% 14.76% 5.91% 0.84%
-5.67% -1.56% 0.38% -2.03% 8.52% -4.20% -11.10%
3.21% -5.46% -0.97% -1.51% -1.79% -7.52% -4.32%
1.70% 0.17% 1.14% -1.82% -6.24% -2.37% -8.82%
Alpha Diario 0.05% -0.04% -0.02% -0.21% -0.12% -0.27% -0.29%
Alpha Anual 14.24% -10.21% -5.15% -41.60% -26.36% -49.93% -51.35%

Tracking Error Diario 1.44% 1.52% 1.16% 1.21% 2.16% 2.26% 2.72%
Tracking Error Anual 22.86% 24.10% 18.45% 19.20% 34.33% 35.95% 43.13%

Alpha Anual Participacion

Walmart 14.24% 12.50%
Disney -10.21% 12.50%
IBM -5.15% 12.50%
Exxon -41.60% 12.50%
Grupo Aval -26.36% 12.50%
Banco
Santander
de Brasil -49.93% 12.50%

US Oil
-51.35% 12.50%
Gas -89.07% 12.50%

Alpha del Portafolio

-32.43%
Gas

-0.68%
6.46%
-9.12%
3.11%
1.22%
-2.03%
13.72%
28.39%
-6.77%
-5.13%
-0.23%
-0.19%
-20.37%
-3.96%
6.71%
3.65%
-19.19%
1.35%
-5.08%
-4.15%
-10.65%
-9.22%
2.09%
-1.18%
-11.72%
4.21%
4.30%
0.70%
-6.86%
-2.46%
3.75%
3.74%
-1.67%
5.65%
-0.70%
8.87%
-3.85%
3.52%
0.17%
3.59%
1.11%
3.55%
 -3.50%
2.61%
-0.12%
-10.37%
1.49%
2.25%
1.96%
-6.02%
4.68%
1.22%
-2.17%
-2.38%
-3.69%
-0.19%
-3.18%
-2.22%
-0.81%
-6.50%
2.41%
-1.34%
-2.26%
-3.61%
2.59%
4.22%
0.38%
-1.31%
-2.82%
-2.61%
-7.15%
-2.07%
-7.42%
-2.43%
2.92%
-8.11%
0.22%
4.55%
4.82%
0.97%
-2.19%
4.93%
-3.04%
-3.82%
-3.35%
2.99%
7.49%
 -1.61%
3.23%
2.05%
2.31%
-5.66%
2.82%
-0.76%
4.71%
-6.33%
-9.21%
3.81%
1.66%
-1.76%
4.90%
-7.57%
-11.09%
-6.62%
0.14%
-6.60%
-5.82%
-0.52%
1.93%
4.61%
-2.31%
-6.51%
7.30%
-2.36%
-7.98%
-6.04%
-12.59%
-1.82%
13.90%
-1.23%
0.90%
5.86%
-1.36%
-7.64%
-3.61%
4.94%
15.25%
0.27%
1.62%
2.90%
-5.65%
5.33%
 -6.58%
-10.95%
-0.85%
-3.11%
-3.90%
6.99%
-3.50%
-8.73%
1.79%
-9.01%
-6.09%
2.88%
14.79%
-9.17%
-3.68%
-5.22%
1.84%
-2.86%
3.15%
0.09%
0.00%
4.06%
3.21%
7.79%
-4.66%
-0.83%
2.49%
-6.30%
-2.77%
2.71%
8.00%
-3.89%
4.21%
5.69%
-1.35%
8.72%
10.35%
-1.29%
5.83%
12.21%
-1.21%
-5.02%
2.15%
6.23%
7.22%
 -3.83%
-3.92%
-9.44%
-1.78%
-0.14%
-3.39%
-1.20%
-8.46%
-5.45%
-10.10%
-3.04%
-2.73%
8.97%
0.14%
-5.47%
-0.44%
-7.95%
-4.60%
4.64%
4.69%
2.87%
-5.57%
3.73%
3.35%
-11.35%
-0.18%
-2.64%
4.31%
-1.09%
10.98%
6.92%
6.85%
-6.43%
6.59%
12.14%
5.46%
-4.95%
-4.16%
-0.63%
-17.02%
-1.70%
4.00%
-3.96%
1.79%
-14.27%
 -5.17%
4.73%
2.27%
7.66%
-15.16%
-6.39%
-4.16%
-23.73%
1.73%
12.84%
-4.30%
0.44%
-9.90%
-12.67%
1.68%
-3.45%
9.58%
-4.68%
5.07%
-3.51%
-5.10%
0.87%
3.68%
-12.26%
-2.73%
7.42%
-3.05%
-6.96%
-1.51%
-7.97%
-0.57%
3.60%
0.77%
-1.02%
0.41%
5.30%
-2.22%
-1.63%
-8.72%
-7.07%
-10.20%
-13.30%
1.49%
0.59%
-6.15%
 2.10%
4.13%
-5.11%
-7.39%
2.93%
-4.25%
7.57%
-2.11%
-1.40%
-1.45%
-14.98%
3.22%
7.68%
-2.93%
-0.07%
14.47%
2.61%
-7.46%
-0.67%
-6.26%
1.67%
-3.50%
-10.06%
-8.03%
5.73%
10.27%
1.53%
-8.45%
-6.16%
24.35%
10.86%
-3.58%
2.85%
-0.18%
-2.55%
-19.10%
-10.85%
7.07%
-8.61%
5.45%
2.81%
-4.09%
-11.64%
0.57%
0.12%
 -0.87%
-89.07%

6.59%
104.56%
Date S&P 500 Walmart Disney IBM Exxon Grupo Aval
1/2/2019 2,510.03 93.34 108.97 115.21 69.69 6.07
1/3/2019 2,447.89 92.86 106.33 112.91 68.62 6.11
1/4/2019 2,531.94 93.44 109.61 117.32 71.15 6.45
1/7/2019 2,549.69 94.54 110.56 118.15 71.52 6.46
1/8/2019 2,574.41 95.20 111.42 119.83 72.04 6.49
1/9/2019 2,584.96 94.89 112.67 120.69 72.42 6.59
1/10/2019 2,596.64 94.96 112.80 121.79 72.05 6.81
1/11/2019 2,596.26 94.84 112.65 121.46 71.72 6.84
1/14/2019 2,582.61 94.95 112.42 120.39 71.63 6.86
1/15/2019 2,610.30 96.25 111.76 121.73 71.67 6.81
1/16/2019 2,616.10 96.35 110.91 121.62 71.64 6.86
1/17/2019 2,635.96 96.74 111.01 122.19 72.13 6.78
1/18/2019 2,670.71 97.73 111.04 123.82 72.99 6.74
1/22/2019 2,632.90 97.49 110.60 122.52 71.89 6.59
1/23/2019 2,638.70 98.71 111.12 132.89 71.30 6.55
1/24/2019 2,642.33 98.36 110.55 132.53 71.40 6.70
1/25/2019 2,664.76 96.94 111.09 133.97 71.72 6.84
1/28/2019 2,643.85 97.06 110.81 134.27 71.24 6.81
1/29/2019 2,640.00 96.71 110.90 134.33 71.51 6.83
1/30/2019 2,681.05 94.80 110.13 134.38 72.29 6.83
1/31/2019 2,704.10 95.83 111.52 134.42 73.28 6.93
2/1/2019 2,706.53 93.86 111.30 134.10 75.92 6.88
2/4/2019 2,724.87 94.77 111.80 135.19 74.82 7.10
2/5/2019 2,737.70 95.60 112.66 135.55 75.59 7.17
2/6/2019 2,731.61 95.64 111.41 136.32 75.26 7.13
2/7/2019 2,706.05 96.73 110.95 133.19 74.68 7.09
2/8/2019 2,707.88 95.58 111.51 133.71 73.98 7.06
2/11/2019 2,709.80 96.20 109.44 133.99 74.10 7.06
2/12/2019 2,744.73 96.97 109.20 136.05 75.40 7.14
2/13/2019 2,753.03 97.94 110.20 137.52 76.25 7.11
2/14/2019 2,745.73 98.52 110.66 136.48 76.27 7.12
2/15/2019 2,775.60 99.99 112.59 138.03 77.71 7.19
2/19/2019 2,779.76 102.20 113.51 138.70 78.23 7.30
2/20/2019 2,784.70 99.88 113.68 138.00 78.53 7.27
2/21/2019 2,774.88 99.39 114.29 137.84 77.82 7.27
2/22/2019 2,792.67 99.55 115.25 139.25 78.42 7.38
2/25/2019 2,796.11 99.12 113.59 139.46 78.50 7.51
2/26/2019 2,793.90 98.69 113.50 139.72 78.66 7.65
2/27/2019 2,792.38 98.11 112.78 139.17 79.47 7.52
2/28/2019 2,784.49 98.99 112.84 138.13 79.03 7.73
3/1/2019 2,803.69 97.93 114.01 139.20 80.00 7.60
3/4/2019 2,792.81 97.85 114.33 138.43 80.31 7.55
3/5/2019 2,789.65 98.34 114.00 137.88 80.19 7.53
 3/6/2019 2,771.45 98.26 114.85 136.98 79.28 7.68
3/7/2019 2,748.93 97.45 114.01 135.36 80.16 7.57
3/8/2019 2,743.07 97.59 113.81 135.09 79.01 7.54
3/11/2019 2,783.30 98.48 114.75 137.71 79.78 7.53
3/12/2019 2,791.52 98.37 114.73 138.28 80.00 7.64
3/13/2019 2,810.92 99.03 114.09 138.56 80.71 7.55
3/14/2019 2,808.48 98.22 114.48 138.79 80.44 7.63
3/15/2019 2,822.48 98.42 114.96 139.43 80.15 7.66
3/18/2019 2,832.94 99.66 113.12 140.21 81.08 7.80
3/19/2019 2,832.57 99.85 110.00 140.49 80.87 7.88
3/20/2019 2,824.23 98.64 109.99 139.60 81.32 7.88
3/21/2019 2,854.88 99.06 108.66 141.44 81.79 7.81
3/22/2019 2,800.71 98.28 108.23 139.45 80.48 7.75
3/25/2019 2,798.36 98.17 107.79 139.18 79.92 7.65
3/26/2019 2,818.46 98.32 110.14 140.22 80.96 7.69
3/27/2019 2,805.37 97.21 110.28 139.24 80.34 7.66
3/28/2019 2,815.44 97.13 110.71 139.92 80.74 7.66
3/29/2019 2,834.40 97.53 111.03 141.10 80.80 7.79
4/1/2019 2,867.19 97.82 112.51 143.30 81.73 7.82
4/2/2019 2,867.24 96.94 111.96 143.00 81.38 7.78
4/3/2019 2,873.40 97.19 112.52 143.63 80.90 7.80
4/4/2019 2,879.39 98.11 114.75 142.78 82.05 7.90
4/5/2019 2,892.74 98.83 115.00 143.28 82.49 7.98
4/8/2019 2,895.77 99.23 114.96 143.39 83.00 8.16
4/9/2019 2,878.20 98.69 116.86 142.11 81.93 8.45
4/10/2019 2,888.21 99.60 117.16 143.02 81.56 8.42
4/11/2019 2,888.32 100.80 116.60 143.78 81.95 8.40
4/12/2019 2,907.41 101.56 130.06 144.35 80.92 8.34
4/15/2019 2,905.58 102.43 132.04 143.90 80.65 8.26
4/16/2019 2,907.06 102.93 129.90 145.14 81.20 8.22
4/17/2019 2,900.45 103.16 131.75 139.11 81.43 8.33
4/18/2019 2,905.03 103.18 132.45 140.33 81.13 8.24
4/22/2019 2,907.97 102.37 131.68 138.89 82.90 8.22
4/23/2019 2,933.68 103.07 133.36 140.44 83.38 8.24
4/24/2019 2,927.25 103.53 135.10 139.95 81.76 8.06
4/25/2019 2,926.17 103.52 137.24 138.63 82.22 8.02
4/26/2019 2,939.88 101.53 139.92 139.44 80.49 8.01
4/29/2019 2,943.03 101.56 139.30 139.05 79.97 8.01
4/30/2019 2,945.83 102.84 136.97 140.27 80.28 7.86
5/1/2019 2,923.73 101.36 136.38 140.56 78.67 7.87
5/2/2019 2,917.52 101.15 134.14 139.59 77.29 7.83
5/3/2019 2,945.64 102.08 134.33 140.25 77.47 7.85
5/6/2019 2,932.47 102.46 135.00 140.38 77.13 7.77
5/7/2019 2,884.05 101.30 133.44 137.64 76.72 7.72
5/8/2019 2,879.42 100.30 134.99 138.00 76.84 7.72
 5/9/2019 2,870.72 99.54 133.59 135.34 76.77 7.65
5/10/2019 2,881.40 101.91 134.04 135.32 76.56 7.59
5/13/2019 2,811.87 99.89 131.34 131.42 75.71 7.41
5/14/2019 2,834.41 100.29 133.20 133.31 75.81 7.33
5/15/2019 2,850.96 99.88 134.68 134.40 76.37 7.21
5/16/2019 2,876.32 101.31 135.50 135.88 76.36 7.10
5/17/2019 2,859.53 100.86 135.04 134.32 75.91 7.02
5/20/2019 2,840.23 101.52 133.91 135.12 75.90 7.01
5/21/2019 2,864.36 101.12 134.09 136.45 76.25 7.12
5/22/2019 2,856.27 102.23 133.85 136.35 75.56 7.17
5/23/2019 2,822.24 101.86 132.73 132.39 73.79 6.94
5/24/2019 2,826.06 102.67 132.79 132.28 74.10 7.12
5/28/2019 2,802.39 102.42 132.62 130.46 72.61 6.87
5/29/2019 2,783.02 102.12 131.57 129.69 72.16 6.98
5/30/2019 2,788.86 102.19 132.20 129.57 71.97 7.01
5/31/2019 2,752.06 101.44 132.04 126.99 70.77 6.93
6/3/2019 2,744.45 101.96 132.47 128.27 71.88 7.01
6/4/2019 2,803.27 102.56 134.82 132.69 73.59 7.04
6/5/2019 2,826.15 104.42 135.94 131.49 72.98 6.94
6/6/2019 2,843.49 105.11 137.21 132.22 74.31 6.96
6/7/2019 2,873.34 106.06 138.04 133.31 74.58 7.09
6/10/2019 2,886.73 107.52 137.07 134.74 74.91 7.20
6/11/2019 2,885.72 107.94 135.08 135.95 74.84 7.23
6/12/2019 2,879.84 108.82 135.72 134.87 74.03 7.25
6/13/2019 2,891.64 108.65 141.74 135.76 74.68 7.41
6/14/2019 2,886.98 109.07 141.65 135.15 74.35 7.42
6/17/2019 2,889.67 109.16 140.97 134.95 75.09 7.39
6/18/2019 2,917.75 109.65 139.24 136.38 75.74 7.59
6/19/2019 2,926.46 109.62 140.92 137.08 75.32 7.62
6/20/2019 2,954.18 110.32 142.02 138.85 76.61 7.78
6/21/2019 2,950.46 111.13 140.23 139.20 77.69 7.64
6/24/2019 2,945.35 111.24 139.22 139.35 76.95 7.83
6/25/2019 2,917.38 110.72 139.94 138.36 76.27 7.88
6/26/2019 2,913.78 110.16 140.40 138.52 76.60 7.84
6/27/2019 2,924.92 110.10 139.30 138.52 75.82 7.86
6/28/2019 2,941.76 110.49 139.64 137.90 76.63 7.97
7/1/2019 2,964.33 110.62 141.65 139.88 76.56 8.00
7/2/2019 2,973.01 111.60 142.53 140.22 75.72 7.87
7/3/2019 2,995.82 112.32 142.98 141.54 76.44 7.89
7/5/2019 2,990.41 111.98 142.45 141.38 76.13 8.23
7/8/2019 2,975.95 112.72 141.02 140.57 76.48 8.03
7/9/2019 2,979.63 112.88 141.61 139.33 76.43 8.13
7/10/2019 2,993.07 112.98 143.54 140.47 77.51 8.13
7/11/2019 2,999.91 113.92 143.56 141.24 77.57 8.09
7/12/2019 3,013.77 114.60 144.88 142.74 77.63 8.00
7/15/2019 3,014.30 114.98 145.06 143.32 77.08 8.10
7/16/2019 3,004.04 114.76 144.30 143.53 75.93 8.16
7/17/2019 2,984.42 114.60 142.57 143.07 75.48 8.21
7/18/2019 2,995.11 114.72 141.63 149.63 74.84 8.09
7/19/2019 2,976.61 113.90 139.85 149.68 74.99 8.11
7/22/2019 2,985.03 112.82 140.84 149.74 75.07 8.14
7/23/2019 3,005.47 112.09 141.26 150.38 75.37 8.14
7/24/2019 3,019.56 112.00 141.29 150.03 75.36 8.12
7/25/2019 3,003.67 112.22 143.21 150.39 74.93 7.88
7/26/2019 3,025.86 113.02 144.65 151.36 74.81 7.92
7/29/2019 3,020.97 112.27 146.39 150.88 75.34 7.86
7/30/2019 3,013.18 112.06 144.93 149.77 75.35 7.54
7/31/2019 2,980.38 110.38 143.01 148.24 74.36 7.51
8/1/2019 2,953.56 109.38 141.85 150.32 72.46 7.45
8/2/2019 2,932.05 109.40 141.71 147.25 71.75 7.39
8/5/2019 2,844.74 105.82 138.30 140.76 70.28 7.07
8/6/2019 2,881.77 107.27 141.87 140.73 70.96 7.18
8/7/2019 2,883.98 108.20 134.86 139.11 70.50 7.32
8/8/2019 2,938.09 108.52 137.89 140.10 72.38 7.36
8/9/2019 2,918.65 107.28 138.52 136.13 70.84 7.35
8/12/2019 2,882.70 105.22 135.75 134.12 69.63 7.24
8/13/2019 2,926.32 107.41 137.01 135.79 70.49 7.40
8/14/2019 2,840.60 106.20 132.85 131.25 67.65 7.08
8/15/2019 2,847.60 112.69 133.41 131.92 67.25 7.14
8/16/2019 2,888.68 112.99 135.20 133.76 68.30 7.22
8/19/2019 2,923.65 113.81 135.29 135.04 69.45 7.17
8/20/2019 2,900.51 112.05 135.13 133.00 69.03 7.30
8/21/2019 2,924.43 112.02 135.76 134.25 69.72 7.47
8/22/2019 2,922.95 111.91 136.08 134.32 69.57 7.32
8/23/2019 2,847.11 110.83 131.67 129.57 67.49 7.15
8/26/2019 2,878.38 111.99 134.61 129.99 67.85 7.19
8/27/2019 2,869.16 112.42 134.49 131.17 67.19 7.00
8/28/2019 2,887.94 112.72 136.55 132.76 67.68 7.10
8/29/2019 2,924.58 114.08 137.84 134.88 68.43 7.31
8/30/2019 2,926.46 114.26 137.26 135.53 68.48 7.33
9/3/2019 2,906.27 114.64 136.31 134.10 68.56 7.35
9/4/2019 2,937.78 115.91 137.89 136.32 69.29 7.41
9/5/2019 2,976.00 115.44 138.84 140.97 70.27 7.46
9/6/2019 2,978.71 114.73 139.55 140.57 70.93 7.47
9/9/2019 2,978.43 116.33 138.83 142.60 71.49 7.45
9/10/2019 2,979.39 116.05 135.79 145.05 72.07 7.40
9/11/2019 3,000.93 116.02 136.19 143.60 71.93 7.56
9/12/2019 3,009.57 116.92 137.50 143.62 71.98 7.67
9/13/2019 3,007.39 117.43 138.02 143.67 72.64 7.63
9/16/2019 2,997.96 115.57 135.80 142.48 73.73 7.71
 9/17/2019 3,005.70 116.51 136.31 142.20 73.17 7.56
9/18/2019 3,006.73 117.16 136.80 142.22 72.82 7.64
9/19/2019 3,006.79 117.11 133.30 142.97 72.33 7.65
9/20/2019 2,992.07 116.98 132.27 141.88 72.08 7.55
9/23/2019 2,991.78 117.62 132.46 142.07 72.13 7.57
9/24/2019 2,966.60 118.40 131.97 141.68 71.14 7.58
9/25/2019 2,984.87 118.47 133.09 143.16 71.35 7.54
9/26/2019 2,977.62 118.30 131.27 143.55 70.97 7.51
9/27/2019 2,961.79 118.45 129.96 143.24 71.48 7.42
9/30/2019 2,976.74 118.68 130.32 145.42 70.61 7.46
10/1/2019 2,940.25 117.85 129.55 143.66 68.95 7.40
10/2/2019 2,887.61 116.12 129.14 141.69 67.15 7.38
10/3/2019 2,910.63 116.31 128.15 142.02 67.98 7.47
10/4/2019 2,952.01 118.16 130.27 142.99 68.97 7.61
10/7/2019 2,938.79 117.23 130.90 141.28 68.02 7.55
10/8/2019 2,893.06 117.58 128.47 138.38 66.70 7.39
10/9/2019 2,919.40 118.93 129.33 139.67 67.44 7.52
10/10/2019 2,938.13 119.61 129.34 141.13 68.25 7.44
10/11/2019 2,970.27 120.24 130.02 142.76 68.98 7.49
10/14/2019 2,966.15 119.17 129.70 142.04 69.18 7.43
10/15/2019 2,995.68 119.53 129.76 143.00 69.42 7.36
10/16/2019 2,989.69 119.42 130.86 142.11 68.23 7.40
10/17/2019 2,997.95 119.84 132.37 134.26 68.14 7.45
10/18/2019 2,986.20 119.14 130.89 134.09 67.61 7.50
10/21/2019 3,006.72 119.74 130.26 132.58 68.74 7.48
10/22/2019 2,995.99 119.58 132.40 133.96 69.09 7.73
10/23/2019 3,004.52 119.35 131.13 134.38 69.75 7.67
10/24/2019 3,010.29 119.10 130.26 134.07 69.09 7.82
10/25/2019 3,022.55 119.04 130.90 135.44 69.25 7.92
10/28/2019 3,039.42 119.22 130.53 135.97 68.64 7.99
10/29/2019 3,036.89 117.15 129.48 133.82 68.44 8.18
10/30/2019 3,046.77 118.10 129.60 135.25 67.72 8.15
10/31/2019 3,037.56 117.26 129.92 133.73 67.57 8.15
11/1/2019 3,066.91 117.62 132.75 135.53 69.60 8.35
11/4/2019 3,078.27 117.57 132.92 137.67 71.67 8.34
11/5/2019 3,074.62 118.86 131.45 137.89 73.09 8.47
11/6/2019 3,076.78 119.50 131.27 138.78 71.49 8.36
11/7/2019 3,085.18 120.23 132.96 137.69 73.01 8.39
11/8/2019 3,093.08 119.44 137.96 137.61 70.77 8.38
11/11/2019 3,087.01 119.04 136.74 135.47 70.34 8.44
11/12/2019 3,091.84 119.12 138.58 135.59 69.37 8.36
11/13/2019 3,094.04 120.98 148.72 134.48 68.80 8.06
11/14/2019 3,096.63 120.65 147.15 134.00 68.50 8.02
11/15/2019 3,120.46 118.87 144.67 134.40 69.19 8.20
11/18/2019 3,122.03 120.25 147.65 134.31 68.52 8.29
11/19/2019 3,120.18 119.89 148.38 134.52 67.82 8.21
11/20/2019 3,108.46 119.13 146.93 133.20 68.03 8.11
11/21/2019 3,103.54 119.86 146.90 133.84 69.67 7.96
11/22/2019 3,110.29 119.36 148.29 134.34 69.37 8.02
11/25/2019 3,133.64 118.92 149.69 135.97 68.91 7.96
11/26/2019 3,140.52 119.19 151.64 135.09 68.74 7.76
11/27/2019 3,153.63 118.76 151.48 133.77 68.70 7.80
11/29/2019 3,140.98 119.09 151.58 134.45 68.13 7.98
12/2/2019 3,113.87 119.28 150.62 132.91 68.42 7.98
12/3/2019 3,093.20 118.67 148.58 132.12 67.88 8.10
12/4/2019 3,112.76 118.69 148.28 131.99 68.65 8.05
12/5/2019 3,117.43 118.66 147.44 131.91 68.41 8.10
12/6/2019 3,145.91 119.78 147.66 133.22 69.51 8.25
12/9/2019 3,135.96 119.36 146.21 133.92 69.66 8.24
12/10/2019 3,132.52 119.14 146.10 133.91 69.06 8.25
12/11/2019 3,141.63 119.00 147.59 133.76 68.96 8.31
12/12/2019 3,168.57 119.76 147.76 135.32 70.34 8.38
12/13/2019 3,168.80 120.29 146.38 134.21 69.23 8.38
12/16/2019 3,191.45 120.54 148.46 134.13 70.00 8.39
12/17/2019 3,192.52 121.28 147.73 134.22 69.68 8.42
12/18/2019 3,191.14 119.86 146.26 134.41 69.87 8.50
12/19/2019 3,205.37 120.08 146.15 134.56 69.39 8.60
12/20/2019 3,221.22 120.29 146.88 135.59 69.94 8.60
12/23/2019 3,224.01 119.03 144.68 135.55 70.29 8.76
12/24/2019 3,223.38 119.51 145.29 134.98 70.02 8.71
12/26/2019 3,239.91 119.52 145.70 134.91 70.13 8.77
12/27/2019 3,240.02 119.59 145.75 135.27 69.89 8.72
12/30/2019 3,221.29 119.40 143.77 132.81 69.48 8.65
12/31/2019 3,230.78 118.84 144.63 134.04 69.78 8.72
1/2/2020 3,257.85 118.94 148.20 135.42 70.90 8.80
1/3/2020 3,234.85 117.89 146.50 134.34 70.33 8.81
1/6/2020 3,246.28 117.65 145.65 134.10 70.87 8.84
1/7/2020 3,237.18 116.56 145.70 134.19 70.29 8.76
1/8/2020 3,253.05 116.16 145.40 135.31 69.23 8.86
1/9/2020 3,274.70 117.36 144.83 136.74 69.76 8.85
1/10/2020 3,265.35 116.38 144.62 136.69 69.14 8.84
1/13/2020 3,288.13 115.88 143.88 136.60 69.80 8.85
1/14/2020 3,283.15 116.18 145.20 135.82 69.20 8.88
1/15/2020 3,289.29 115.28 144.32 136.62 69.09 8.78
1/16/2020 3,316.81 115.90 145.12 137.98 68.82 8.68
1/17/2020 3,329.62 114.96 144.33 138.31 68.56 8.68
1/21/2020 3,320.79 115.59 143.56 139.17 67.58 8.60
1/22/2020 3,321.75 116.10 144.01 143.89 67.19 8.73
1/23/2020 3,325.54 115.81 142.20 142.87 66.77 8.67
1/24/2020 3,295.47 114.37 140.08 140.56 66.32 8.55
1/27/2020 3,243.63 115.86 135.90 138.62 64.74 8.32
1/28/2020 3,276.24 116.60 138.37 139.55 64.65 8.45
1/29/2020 3,273.40 115.89 136.06 137.69 64.11 8.45
1/30/2020 3,283.66 116.58 137.81 136.77 64.79 8.47
1/31/2020 3,225.52 114.49 138.31 143.73 62.12 8.45
2/3/2020 3,248.92 114.27 141.32 146.27 60.73 8.47
2/4/2020 3,297.59 115.27 144.73 149.11 59.97 8.61
2/5/2020 3,334.69 116.81 141.37 156.33 62.73 8.68
2/6/2020 3,345.78 116.31 142.70 156.76 61.88 8.66
2/7/2020 3,327.71 116.45 141.02 153.41 61.47 8.55
2/10/2020 3,352.09 115.25 142.59 154.43 59.96 8.49
2/11/2020 3,357.75 115.40 141.01 153.48 60.53 8.55
2/12/2020 3,379.45 115.85 141.85 155.31 61.27 8.63
2/13/2020 3,373.94 117.44 140.90 154.31 60.93 8.69
2/14/2020 3,380.16 117.89 139.54 150.70 60.65 8.68
2/18/2020 3,370.29 119.63 139.14 151.10 59.88 8.75
2/19/2020 3,386.15 117.68 141.30 150.86 60.34 8.82
2/20/2020 3,373.23 117.69 140.37 151.22 59.86 8.73
2/21/2020 3,337.75 118.58 138.97 149.84 59.13 8.70
2/24/2020 3,225.89 116.32 133.01 146.43 56.36 8.62
2/25/2020 3,128.21 114.39 128.19 141.71 54.20 8.61
2/26/2020 3,116.39 113.78 123.36 139.75 53.01 8.44
2/27/2020 2,978.76 110.40 118.04 133.11 49.82 8.22
2/28/2020 2,954.22 107.68 117.65 130.15 51.44 8.13
3/2/2020 3,090.23 115.88 119.98 134.30 53.88 8.18
3/3/2020 3,003.37 112.91 116.45 128.90 51.30 8.08
3/4/2020 3,130.12 116.77 119.18 134.22 52.42 8.14
3/5/2020 3,023.94 115.92 113.98 129.55 50.11 8.01
3/6/2020 2,972.37 117.23 115.27 127.73 47.69 7.70
3/9/2020 2,746.56 117.16 104.35 117.81 41.86 6.79
3/10/2020 2,882.23 119.79 111.46 124.77 43.41 6.80
3/11/2020 2,741.38 114.43 105.51 117.97 41.98 6.24
3/12/2020 2,480.64 104.05 91.81 102.81 37.18 5.23
3/13/2020 2,711.02 114.10 102.52 107.95 38.12 5.95
3/16/2020 2,386.13 106.76 95.01 99.08 34.49 4.69
3/17/2020 2,529.19 119.26 93.53 106.65 36.81 4.55
3/18/2020 2,398.10 122.58 88.80 103.55 33.12 3.71
3/19/2020 2,409.39 119.45 94.93 100.34 34.43 3.75
3/20/2020 2,304.92 113.97 85.98 95.39 32.74 3.59
3/23/2020 2,237.40 114.28 85.76 94.77 31.45 3.34
3/24/2020 2,447.33 115.03 98.12 105.48 35.44 3.48
3/25/2020 2,475.56 109.40 100.73 105.85 37.29 4.08
3/26/2020 2,630.07 109.82 105.36 112.89 38.82 4.72
3/27/2020 2,541.47 109.58 96.40 108.03 36.95 4.48
3/30/2020 2,626.65 115.19 99.80 112.93 37.50 4.35
vr´2= beta p´2*var indice + (part´2*riesgo anual)
 Banco
Santander de US Oil Gas S&P 500 Walmart Disney
Brasil
12.16 9.85 391.70
12.39 9.95 379.40 -2.51% -0.52% -2.45%
12.8 10.18 418.60 3.38% 0.62% 3.04%
12.75 10.29 384.80 0.70% 1.17% 0.86%
12.55 10.50 400.80 0.96% 0.70% 0.77%
12.74 11.05 407.40 0.41% -0.33% 1.12%
12.78 11.10 401.00 0.45% 0.07% 0.12%
12.77 10.90 459.90 -0.01% -0.13% -0.13%
13.02 10.69 607.70 -0.53% 0.12% -0.20%
12.6 11.00 574.00 1.07% 1.36% -0.59%
12.55 11.06 546.50 0.22% 0.10% -0.76%
12.62 11.03 549.40 0.76% 0.40% 0.09%
12.87 11.31 555.60 1.31% 1.02% 0.03%
12.63 11.12 446.80 -1.43% -0.25% -0.40%
13.25 11.05 430.40 0.22% 1.24% 0.47%
13.14 11.17 460.90 0.14% -0.36% -0.51%
13.2 11.25 482.10 0.85% -1.45% 0.49%
13.17 10.95 394.80 -0.79% 0.12% -0.25%
13.2 11.16 399.60 -0.15% -0.36% 0.08%
13.05 11.40 385.70 1.54% -1.99% -0.70%
13.3 11.35 373.20 0.86% 1.08% 1.25%
13.3 11.63 335.80 0.09% -2.08% -0.20%
13.7 11.50 308.30 0.68% 0.96% 0.45%
13.56 11.29 316.30 0.47% 0.87% 0.77%
12.88 11.32 311.90 -0.22% 0.04% -1.12%
12.87 11.07 274.80 -0.94% 1.13% -0.41%
13.1 11.08 286.80 0.07% -1.20% 0.50%
12.87 11.01 299.60 0.07% 0.65% -1.87%
13.18 11.16 305.60 1.28% 0.80% -0.22%
12.78 11.34 286.20 0.30% 1.00% 0.91%
13.17 11.48 278.50 -0.27% 0.59% 0.42%
13.26 11.71 292.30 1.08% 1.48% 1.73%
13.28 11.78 303.90 0.15% 2.19% 0.81%
12.99 11.93 299.40 0.18% -2.30% 0.15%
12.92 11.88 315.70 -0.35% -0.49% 0.54%
12.93 11.95 315.50 0.64% 0.16% 0.84%
12.7 11.57 345.20 0.12% -0.43% -1.45%
12.65 11.63 331.90 -0.08% -0.43% -0.08%
12.49 11.89 343.60 -0.05% -0.59% -0.64%
11.98 11.95 343.20 -0.28% 0.89% 0.05%
11.75 11.66 358.20 0.69% -1.08% 1.03%
11.78 11.80 360.80 -0.39% -0.08% 0.28%
11.79 11.82 373.40 -0.11% 0.50% -0.29%
11.39 11.75 358.20 -0.65% -0.08% 0.74%
11.37 11.81 364.70 -0.82% -0.83% -0.73%
11.5 11.73 363.50 -0.21% 0.14% -0.18%
11.94 11.86 332.50 1.46% 0.91% 0.82%
11.97 11.89 338.50 0.29% -0.11% -0.02%
12.36 12.19 348.60 0.69% 0.67% -0.56%
12.13 12.22 355.20 -0.09% -0.82% 0.34%
12.09 12.20 336.10 0.50% 0.20% 0.42%
12.33 12.31 353.50 0.37% 1.25% -1.61%
12.2 12.28 357.80 -0.01% 0.19% -2.80%
12.08 12.50 349.10 -0.29% -1.22% -0.01%
11.71 12.44 344.60 1.08% 0.42% -1.22%
11.07 12.23 325.80 -1.92% -0.79% -0.40%
11.3 12.25 324.90 -0.08% -0.11% -0.41%
11.42 12.47 317.00 0.72% 0.15% 2.16%
10.58 12.34 308.60 -0.47% -1.14% 0.13%
11.08 12.35 307.20 0.36% -0.08% 0.39%
11.23 12.50 289.80 0.67% 0.41% 0.29%
11.52 12.82 300.30 1.15% 0.30% 1.32%
11.45 13.01 296.30 0.00% -0.90% -0.49%
11.3 12.99 290.30 0.21% 0.26% 0.50%
11.62 12.92 280.60 0.21% 0.94% 1.96%
11.83 13.15 289.30 0.46% 0.73% 0.22%
11.79 13.40 302.10 0.10% 0.40% -0.03%
11.64 13.33 301.40 -0.61% -0.55% 1.64%
11.76 13.41 298.50 0.35% 0.92% 0.26%
11.52 13.27 290.20 0.00% 1.20% -0.48%
11.45 13.30 284.60 0.66% 0.75% 10.92%
11.5 13.24 264.80 -0.06% 0.85% 1.51%
11.66 13.37 259.50 0.05% 0.49% -1.63%
11.19 13.28 240.40 -0.23% 0.22% 1.41%
11.45 13.32 235.00 0.16% 0.02% 0.53%
11.57 13.67 242.20 0.10% -0.79% -0.58%
11.71 13.79 225.30 0.88% 0.68% 1.27%
11.38 13.68 225.30 -0.22% 0.45% 1.30%
11.47 13.53 235.70 -0.04% -0.01% 1.57%
11.61 13.09 248.50 0.47% -1.94% 1.93%
11.6 13.23 251.20 0.11% 0.03% -0.44%
11.45 13.29 246.00 0.10% 1.25% -1.69%
11.33 13.22 256.50 -0.75% -1.45% -0.43%
11.37 12.82 248.30 -0.21% -0.21% -1.66%
11.46 12.87 241.30 0.96% 0.92% 0.14%
11.12 13.07 232.30 -0.45% 0.37% 0.50%
10.98 12.73 235.40 -1.66% -1.14% -1.16%
11.33 12.89 253.30 -0.16% -0.99% 1.15%
11.09 12.81 248.50 -0.30% -0.76% -1.04%
11.05 12.84 257.60 0.37% 2.35% 0.34%
10.58 12.68 256.60 -2.44% -2.00% -2.03%
10.92 12.87 264.70 0.80% 0.40% 1.41%
10.72 12.97 251.60 0.58% -0.41% 1.10%
10.4 13.14 261.10 0.89% 1.42% 0.61%
10.11 13.08 257.60 -0.59% -0.45% -0.34%
10.39 13.15 268.20 -0.68% 0.65% -0.84%
10.91 13.13 253.90 0.85% -0.39% 0.13%
10.79 12.74 230.90 -0.28% 1.09% -0.18%
10.56 12.09 237.00 -1.20% -0.36% -0.84%
10.66 12.23 241.30 0.14% 0.79% 0.05%
11 12.23 235.10 -0.84% -0.24% -0.13%
11.28 12.24 245.20 -0.69% -0.29% -0.79%
11.49 11.76 227.80 0.21% 0.07% 0.48%
11.52 11.10 201.20 -1.33% -0.74% -0.12%
11.53 10.99 187.80 -0.28% 0.51% 0.33%
11.7 11.16 192.10 2.12% 0.59% 1.76%
11.36 10.77 181.30 0.81% 1.80% 0.83%
11.49 11.06 172.10 0.61% 0.66% 0.93%
11.55 11.23 173.00 1.04% 0.90% 0.60%
11.39 11.11 177.20 0.46% 1.37% -0.71%
11.54 11.11 185.50 -0.03% 0.39% -1.46%
11.35 10.64 180.90 -0.20% 0.81% 0.47%
11.33 10.88 170.20 0.41% -0.16% 4.34%
11.07 10.94 182.80 -0.16% 0.39% -0.06%
11.06 10.81 178.70 0.09% 0.08% -0.48%
11.45 11.25 166.60 0.97% 0.45% -1.23%
11.58 11.33 157.30 0.30% -0.03% 1.20%
11.88 11.85 140.00 0.94% 0.64% 0.78%
11.8 11.97 137.30 -0.13% 0.73% -1.27%
12.02 12.01 157.50 -0.17% 0.10% -0.72%
11.69 12.00 154.10 -0.95% -0.47% 0.52%
11.78 12.29 155.30 -0.12% -0.51% 0.33%
11.83 12.29 165.30 0.38% -0.05% -0.79%
11.87 12.04 164.00 0.57% 0.35% 0.24%
11.92 12.28 153.10 0.76% 0.12% 1.43%
11.9 11.70 148.10 0.29% 0.88% 0.62%
12.06 11.77 156.80 0.76% 0.64% 0.32%
12.46 11.95 182.30 -0.18% -0.30% -0.37%
12.2 11.93 181.90 -0.48% 0.66% -1.01%
12.24 12.04 185.10 0.12% 0.14% 0.42%
12.39 12.53 191.40 0.45% 0.09% 1.35%
12.35 12.55 181.30 0.23% 0.83% 0.01%
12.37 12.52 192.10 0.46% 0.60% 0.92%
12.22 12.30 179.90 0.02% 0.33% 0.12%
12.31 12.07 160.70 -0.34% -0.19% -0.53%
12.41 11.75 158.30 -0.66% -0.14% -1.21%
12.8 11.56 154.00 0.36% 0.10% -0.66%
12.42 11.67 147.20 -0.62% -0.72% -1.26%
12.42 11.68 158.30 0.28% -0.95% 0.71%
12.31 11.81 153.90 0.68% -0.65% 0.30%
12.14 11.59 141.70 0.47% -0.08% 0.02%
11.86 11.60 143.50 -0.53% 0.20% 1.35%
11.98 11.65 132.10 0.74% 0.71% 1.00%
11.91 11.82 124.10 -0.16% -0.67% 1.20%
11.56 12.08 127.40 -0.26% -0.19% -1.00%
11.28 12.04 146.10 -1.09% -1.51% -1.33%
11.04 11.31 132.10 -0.90% -0.91% -0.81%
10.89 11.48 126.40 -0.73% 0.02% -0.10%
10.47 11.37 116.40 -3.02% -3.33% -2.44%
10.66 11.14 120.10 1.29% 1.36% 2.55%
10.86 10.84 116.80 0.08% 0.86% -5.07%
11.29 10.96 122.80 1.86% 0.30% 2.22%
11.12 11.28 122.10 -0.66% -1.15% 0.46%
10.87 11.36 120.60 -1.24% -1.94% -2.02%
10.98 11.87 127.50 1.50% 2.06% 0.92%
10.39 11.44 127.80 -2.97% -1.13% -3.08%
10.57 11.35 138.50 0.25% 5.93% 0.42%
10.61 11.40 134.10 1.43% 0.27% 1.33%
10.35 11.66 134.60 1.20% 0.72% 0.07%
10.32 11.63 136.90 -0.79% -1.56% -0.12%
10.41 11.61 129.60 0.82% -0.03% 0.47%
10.26 11.53 126.00 -0.05% -0.10% 0.24%
9.86 11.19 126.10 -2.63% -0.97% -3.29%
9.83 11.18 138.10 1.09% 1.04% 2.21%
9.78 11.42 132.40 -0.32% 0.38% -0.09%
9.88 11.64 139.00 0.65% 0.27% 1.52%
10.14 11.78 149.00 1.26% 1.20% 0.94%
10.25 11.46 147.10 0.06% 0.16% -0.42%
9.87 11.22 159.40 -0.69% 0.33% -0.69%
10.13 11.71 178.70 1.08% 1.10% 1.15%
10.48 11.70 178.70 1.29% -0.41% 0.69%
10.75 11.77 189.60 0.09% -0.62% 0.51%
10.98 12.08 214.20 -0.01% 1.38% -0.52%
10.88 11.98 211.70 0.03% -0.24% -2.21%
10.89 11.68 202.80 0.72% -0.03% 0.29%
10.91 11.47 207.80 0.29% 0.77% 0.96%
11.01 11.44 221.00 -0.07% 0.44% 0.38%
10.79 12.83 236.80 -0.31% -1.60% -1.62%
 10.9 12.29 228.50 0.26% 0.81% 0.37%
10.86 12.10 219.80 0.03% 0.56% 0.36%
10.66 12.19 200.00 0.00% -0.04% -2.59%
10.59 12.20 195.50 -0.49% -0.11% -0.78%
10.42 12.21 195.20 -0.01% 0.55% 0.14%
10.57 11.90 187.10 -0.85% 0.66% -0.37%
10.67 11.80 186.00 0.61% 0.06% 0.85%
10.77 11.80 170.50 -0.24% -0.14% -1.38%
11.07 11.66 160.60 -0.53% 0.13% -1.00%
10.89 11.34 145.90 0.50% 0.19% 0.28%
10.8 11.19 139.80 -1.23% -0.70% -0.59%
10.56 10.98 133.60 -1.81% -1.48% -0.32%
10.75 10.93 147.30 0.79% 0.16% -0.77%
10.97 11.04 149.60 1.41% 1.58% 1.64%
10.57 11.04 141.00 -0.45% -0.79% 0.48%
10.61 10.89 138.20 -1.57% 0.30% -1.87%
10.86 10.99 128.80 0.91% 1.14% 0.67%
11.02 11.19 123.80 0.64% 0.57% 0.01%
11.2 11.42 131.10 1.09% 0.53% 0.52%
11.26 11.18 137.20 -0.14% -0.89% -0.25%
11 11.06 142.60 0.99% 0.30% 0.05%
11.21 11.14 134.60 -0.20% -0.09% 0.84%
11.08 11.28 140.10 0.28% 0.35% 1.15%
11.11 11.22 144.30 -0.39% -0.59% -1.12%
11.09 11.21 129.70 0.68% 0.50% -0.48%
11.69 11.34 129.00 -0.36% -0.13% 1.63%
12.01 11.65 126.00 0.28% -0.19% -0.96%
12.06 11.73 131.80 0.19% -0.21% -0.67%
12.25 11.83 130.90 0.41% -0.05% 0.49%
12.35 11.65 146.90 0.56% 0.15% -0.28%
12.22 11.58 157.30 -0.08% -1.75% -0.81%
12.03 11.47 169.00 0.32% 0.81% 0.09%
11.74 11.30 158.00 -0.30% -0.71% 0.25%
11.77 11.69 170.40 0.96% 0.31% 2.15%
11.74 11.81 193.10 0.37% -0.04% 0.13%
11.95 11.93 203.70 -0.12% 1.09% -1.11%
11.6 11.81 194.00 0.07% 0.54% -0.14%
11.57 11.88 186.60 0.27% 0.61% 1.28%
11.13 11.99 185.90 0.26% -0.66% 3.69%
11.25 11.89 156.50 -0.20% -0.34% -0.89%
10.97 11.87 154.10 0.16% 0.07% 1.34%
10.76 11.96 160.50 0.07% 1.55% 7.06%
10.87 11.91 154.40 0.08% -0.27% -1.06%
11 12.08 158.40 0.77% -1.49% -1.70%
10.81 11.90 137.40 0.05% 1.15% 2.04%
10.75 11.57 130.40 -0.06% -0.30% 0.49%
10.67 11.90 136.20 -0.38% -0.64% -0.98%
10.88 12.20 139.10 -0.16% 0.61% -0.02%
10.97 12.11 150.50 0.22% -0.42% 0.94%
10.84 12.11 130.30 0.75% -0.37% 0.94%
10.56 12.19 122.50 0.22% 0.23% 1.29%
10.42 12.14 118.00 0.42% -0.36% -0.11%
10.39 11.62 92.70 -0.40% 0.28% 0.07%
10.5 11.67 93.50 -0.87% 0.16% -0.64%
10.57 11.76 105.60 -0.67% -0.51% -1.36%
10.71 12.19 101.80 0.63% 0.02% -0.20%
10.78 12.19 102.40 0.15% -0.03% -0.57%
10.74 12.32 93.60 0.91% 0.94% 0.15%
10.71 12.33 82.20 -0.32% -0.35% -0.99%
10.69 12.39 83.50 -0.11% -0.18% -0.08%
10.73 12.30 80.90 0.29% -0.12% 1.01%
10.86 12.37 89.80 0.85% 0.64% 0.12%
10.8 12.49 85.70 0.01% 0.44% -0.94%
11.04 12.59 90.80 0.71% 0.21% 1.41%
11.03 12.72 87.70 0.03% 0.61% -0.49%
11.36 12.74 83.30 -0.04% -1.18% -1.00%
11.49 12.78 84.40 0.44% 0.18% -0.08%
11.48 12.63 88.00 0.49% 0.17% 0.50%
11.56 12.70 77.91 0.09% -1.05% -1.51%
11.55 12.77 75.80 -0.02% 0.40% 0.42%
11.85 12.89 82.06 0.51% 0.01% 0.28%
11.89 12.91 79.60 0.00% 0.06% 0.03%
12.21 12.89 73.82 -0.58% -0.16% -1.37%
12.13 12.81 72.93 0.29% -0.47% 0.60%
12.64 12.81 67.91 0.83% 0.08% 2.44%
12.59 13.18 67.05 -0.71% -0.89% -1.15%
11.64 13.16 69.75 0.35% -0.20% -0.58%
11.57 13.13 70.09 -0.28% -0.93% 0.03%
11.5 12.66 69.72 0.49% -0.34% -0.21%
11.29 12.49 70.47 0.66% 1.03% -0.39%
11.13 12.41 74.09 -0.29% -0.84% -0.15%
11.17 12.20 72.97 0.70% -0.43% -0.51%
11.13 12.28 71.68 -0.15% 0.26% 0.91%
10.71 12.18 65.82 0.19% -0.78% -0.61%
10.78 12.29 61.84 0.83% 0.54% 0.55%
11.08 12.33 56.06 0.39% -0.81% -0.55%
10.35 12.24 48.95 -0.27% 0.55% -0.53%
10.4 11.90 49.70 0.03% 0.44% 0.31%
10.63 11.66 50.05 0.11% -0.25% -1.26%
10.5 11.43 46.64 -0.91% -1.25% -1.50%
10.32 11.10 46.88 -1.59% 1.29% -3.03%
10.33 11.25 49.35 1.00% 0.64% 1.80%
10.07 11.16 46.85 -0.09% -0.61% -1.68%
10.09 11.08 43.65 0.31% 0.59% 1.28%
9.7 10.84 44.15 -1.79% -1.81% 0.36%
9.85 10.49 42.62 0.72% -0.19% 2.15%
9.86 10.44 46.66 1.49% 0.87% 2.38%
9.93 10.70 46.20 1.12% 1.33% -2.35%
9.69 10.74 45.71 0.33% -0.43% 0.94%
9.69 10.58 44.81 -0.54% 0.12% -1.18%
9.87 10.42 38.86 0.73% -1.04% 1.11%
9.8 10.50 40.20 0.17% 0.13% -1.11%
9.76 10.81 43.69 0.64% 0.39% 0.59%
9.57 10.84 42.36 -0.16% 1.36% -0.67%
9.49 10.95 42.41 0.18% 0.38% -0.97%
9.29 10.95 48.87 -0.29% 1.47% -0.29%
9.41 11.18 50.40 0.47% -1.64% 1.54%
9.38 11.28 46.60 -0.38% 0.01% -0.66%
9.29 11.16 45.80 -1.06% 0.75% -1.00%
8.72 10.74 41.58 -3.41% -1.92% -4.38%
8.62 10.40 41.00 -3.07% -1.67% -3.69%
8.57 10.19 39.44 -0.38% -0.53% -3.84%
8.5 9.78 34.09 -4.52% -3.02% -4.41%
8.71 9.45 31.20 -0.83% -2.49% -0.33%
8.77 9.92 34.56 4.50% 7.34% 1.96%
8.55 9.89 37.22 -2.85% -2.60% -2.99%
8.38 9.86 39.39 4.13% 3.36% 2.32%
8.14 9.61 34.97 -3.45% -0.73% -4.46%
7.87 8.73 32.32 -1.72% 1.12% 1.13%
6.8 6.52 38.10 -7.90% -0.06% -9.95%
7.25 7.24 44.57 4.82% 2.22% 6.59%
6.52 6.94 40.90 -5.01% -4.58% -5.49%
5.55 6.54 38.08 -9.99% -9.51% -13.91%
6.33 6.96 41.54 8.88% 9.22% 11.03%
5.22 6.05 35.64 -12.77% -6.65% -7.61%
5.5 5.71 31.21 5.82% 11.07% -1.57%
4.8 4.71 26.55 -5.32% 2.75% -5.19%
5 5.37 28.63 0.47% -2.59% 6.68%
4.99 4.94 25.13 -4.43% -4.70% -9.90%
4.67 4.88 25.76 -2.97% 0.27% -0.26%
5.47 4.98 28.98 8.97% 0.65% 13.46%
5.87 5.08 28.14 1.15% -5.02% 2.63%
5.98 4.83 26.61 6.05% 0.38% 4.49%
5.36 4.47 25.86 -3.43% -0.22% -8.89%
5.41 4.23 26.76 3.30% 4.99% 3.47%
 Rentabilidad Diaria 0.01% 0.07% -0.03%
Rentabilidad Anual 3.74% 18.51% -6.85%

Riesgo Diario 1.76% 1.59% 2.32%

Riesgo Anual 27.94% 25.17% 36.84%

Rentab. Anual ParticipaciBeta activos Parcipacion Beta PortafolioVar Indice

S&P 500 0.86 0
Walmart 18.51% 32.50% 0.57 10.56%
Disney -6.85% 32.50% 1.00 10.56%
IBM -1.60% 32.50% 0.97 10.56%
Exxon -39.41% 0.00% 1.02 0.00%

Grupo Aval 2.50% 1.24 0.06%

-23.61%
Banco
Santander de 0.00% 1.33 0.00%
Brasil -48.06%
US Oil -49.52% 0.00% 0.98 0.00%
Gas -88.66% 0.00% 0.91 0.00%
100.00%

Rentabilidad de Portafolio Restriccion en la participacion maxima de cada activo

2.68% 32.50%

Riesgo del Portafolio

7.04%
t´2*riesgo anual)
 Banco
IBM Exxon Grupo Aval Santander US Oil Gas
de Brasil

-2.02% -1.55% 0.66% 1.87% 1.01% -3.19%

3.83% 3.62% 5.42% 3.26% 2.29% 9.83%
0.70% 0.52% 0.15% -0.39% 1.07% -8.42%
1.41% 0.72% 0.46% -1.58% 2.02% 4.07%
0.72% 0.53% 1.53% 1.50% 5.11% 1.63%
0.91% -0.51% 3.28% 0.31% 0.45% -1.58%
-0.27% -0.46% 0.44% -0.08% -1.82% 13.70%
-0.88% -0.13% 0.29% 1.94% -1.95% 27.87%
1.11% 0.06% -0.73% -3.28% 2.86% -5.71%
-0.09% -0.04% 0.73% -0.40% 0.54% -4.91%
0.47% 0.68% -1.17% 0.56% -0.27% 0.53%
1.33% 1.19% -0.59% 1.96% 2.51% 1.12%
-1.06% -1.52% -2.25% -1.88% -1.69% -21.79%
8.12% -0.82% -0.61% 4.79% -0.63% -3.74%
-0.27% 0.14% 2.26% -0.83% 1.08% 6.85%
1.08% 0.45% 2.07% 0.46% 0.71% 4.50%
0.22% -0.67% -0.44% -0.23% -2.70% -19.98%
0.04% 0.38% 0.29% 0.23% 1.90% 1.21%
0.04% 1.08% 0.00% -1.14% 2.13% -3.54%
0.03% 1.36% 1.45% 1.90% -0.44% -3.29%
-0.24% 3.54% -0.72% 0.00% 2.44% -10.56%
0.81% -1.46% 3.15% 2.96% -1.12% -8.54%
0.27% 1.02% 0.98% -1.03% -1.84% 2.56%
0.57% -0.44% -0.56% -5.14% 0.27% -1.40%
-2.32% -0.77% -0.56% -0.08% -2.23% -12.66%
0.39% -0.94% -0.42% 1.77% 0.09% 4.27%
0.21% 0.16% 0.00% -1.77% -0.63% 4.37%
1.53% 1.74% 1.13% 2.38% 1.35% 1.98%
1.07% 1.12% -0.42% -3.08% 1.60% -6.56%
-0.76% 0.03% 0.14% 3.01% 1.23% -2.73%
1.13% 1.87% 0.98% 0.68% 1.98% 4.84%
0.48% 0.67% 1.52% 0.15% 0.60% 3.89%
-0.51% 0.38% -0.41% -2.21% 1.27% -1.49%
-0.12% -0.91% 0.00% -0.54% -0.42% 5.30%
1.02% 0.77% 1.50% 0.08% 0.59% -0.06%
0.15% 0.10% 1.75% -1.79% -3.23% 9.00%
0.19% 0.20% 1.85% -0.39% 0.52% -3.93%
-0.39% 1.02% -1.71% -1.27% 2.21% 3.46%
-0.75% -0.56% 2.75% -4.17% 0.50% -0.12%
0.77% 1.22% -1.70% -1.94% -2.46% 4.28%
-0.55% 0.39% -0.66% 0.25% 1.19% 0.72%
-0.40% -0.15% -0.27% 0.08% 0.17% 3.43%
-0.65% -1.14% 1.97% -3.45% -0.59% -4.16%
-1.19% 1.10% -1.44% -0.18% 0.51% 1.80%
-0.20% -1.45% -0.40% 1.14% -0.68% -0.33%
1.92% 0.97% -0.13% 3.75% 1.10% -8.91%
0.41% 0.28% 1.45% 0.25% 0.25% 1.79%
0.20% 0.88% -1.19% 3.21% 2.49% 2.94%
0.17% -0.34% 1.05% -1.88% 0.25% 1.88%
0.46% -0.36% 0.39% -0.33% -0.16% -5.53%
0.56% 1.15% 1.81% 1.97% 0.90% 5.05%
0.20% -0.26% 1.02% -1.06% -0.24% 1.21%
-0.64% 0.55% 0.00% -0.99% 1.78% -2.46%
1.31% 0.58% -0.89% -3.11% -0.48% -1.30%
-1.42% -1.61% -0.77% -5.62% -1.70% -5.61%
-0.19% -0.70% -1.30% 2.06% 0.16% -0.28%
0.74% 1.29% 0.52% 1.06% 1.78% -2.46%
-0.70% -0.77% -0.39% -7.64% -1.05% -2.69%
0.49% 0.50% 0.00% 4.62% 0.08% -0.45%
0.84% 0.07% 1.68% 1.34% 1.21% -5.83%
1.55% 1.14% 0.38% 2.55% 2.53% 3.56%
-0.21% -0.43% -0.51% -0.61% 1.47% -1.34%
0.44% -0.59% 0.26% -1.32% -0.15% -2.05%
-0.59% 1.41% 1.27% 2.79% -0.54% -3.40%
0.35% 0.53% 1.01% 1.79% 1.76% 3.05%
0.08% 0.62% 2.23% -0.34% 1.88% 4.33%
-0.90% -1.30% 3.49% -1.28% -0.52% -0.23%
0.64% -0.45% -0.36% 1.03% 0.60% -0.97%
0.53% 0.48% -0.24% -2.06% -1.05% -2.82%
0.40% -1.26% -0.72% -0.61% 0.23% -1.95%
-0.31% -0.33% -0.96% 0.44% -0.45% -7.21%
0.86% 0.68% -0.49% 1.38% 0.98% -2.02%
-4.24% 0.28% 1.33% -4.11% -0.68% -7.65%
0.87% -0.37% -1.09% 2.30% 0.30% -2.27%
-1.03% 2.16% -0.24% 1.04% 2.59% 3.02%
1.11% 0.58% 0.24% 1.20% 0.87% -7.23%
-0.35% -1.96% -2.21% -2.86% -0.80% 0.00%
-0.95% 0.56% -0.50% 0.79% -1.10% 4.51%
0.58% -2.13% -0.12% 1.21% -3.31% 5.29%
-0.28% -0.65% 0.00% -0.09% 1.06% 1.08%
0.87% 0.39% -1.89% -1.30% 0.45% -2.09%
0.21% -2.03% 0.13% -1.05% -0.53% 4.18%
-0.69% -1.77% -0.51% 0.35% -3.07% -3.25%
0.47% 0.23% 0.26% 0.79% 0.39% -2.86%
0.09% -0.44% -1.02% -3.01% 1.54% -3.80%
-1.97% -0.53% -0.65% -1.27% -2.64% 1.33%
0.26% 0.16% 0.00% 3.14% 1.25% 7.33%
-1.95% -0.09% -0.91% -2.14% -0.62% -1.91%
-0.01% -0.27% -0.79% -0.36% 0.23% 3.60%
-2.92% -1.12% -2.40% -4.35% -1.25% -0.39%
1.43% 0.13% -1.09% 3.16% 1.49% 3.11%
0.81% 0.74% -1.65% -1.85% 0.77% -5.08%
1.10% -0.01% -1.54% -3.03% 1.30% 3.71%
-1.15% -0.59% -1.13% -2.83% -0.46% -1.35%
0.59% -0.01% -0.14% 2.73% 0.53% 4.03%
0.98% 0.46% 1.56% 4.88% -0.15% -5.48%
-0.07% -0.91% 0.70% -1.11% -3.02% -9.50%
-2.95% -2.37% -3.26% -2.15% -5.24% 2.61%
-0.08% 0.42% 2.56% 0.94% 1.15% 1.80%
-1.39% -2.03% -3.57% 3.14% 0.00% -2.60%
-0.59% -0.62% 1.59% 2.51% 0.08% 4.21%
-0.09% -0.26% 0.43% 1.84% -4.00% -7.36%
-2.01% -1.68% -1.15% 0.26% -5.78% -12.42%
1.00% 1.56% 1.15% 0.09% -1.00% -6.89%
3.39% 2.35% 0.43% 1.46% 1.54% 2.26%
-0.91% -0.83% -1.43% -2.95% -3.56% -5.79%
0.55% 1.81% 0.29% 1.14% 2.66% -5.21%
0.82% 0.36% 1.85% 0.52% 1.53% 0.52%
1.07% 0.44% 1.54% -1.39% -1.07% 2.40%
0.89% -0.09% 0.42% 1.31% 0.00% 4.58%
-0.80% -1.09% 0.28% -1.66% -4.32% -2.51%
0.66% 0.87% 2.18% -0.18% 2.23% -6.10%
-0.45% -0.44% 0.13% -2.32% 0.55% 7.14%
-0.15% 0.99% -0.41% -0.09% -1.20% -2.27%
1.05% 0.86% 2.67% 3.47% 3.99% -7.01%
0.51% -0.56% 0.39% 1.13% 0.71% -5.74%
1.28% 1.70% 2.08% 2.56% 4.49% -11.65%
0.25% 1.40% -1.82% -0.68% 1.01% -1.95%
0.11% -0.96% 2.46% 1.85% 0.33% 13.73%
-0.71% -0.89% 0.64% -2.78% -0.08% -2.18%
0.12% 0.43% -0.51% 0.77% 2.39% 0.78%
0.00% -1.02% 0.25% 0.42% 0.00% 6.24%
-0.45% 1.06% 1.39% 0.34% -2.06% -0.79%
1.43% -0.09% 0.38% 0.42% 1.97% -6.88%
0.24% -1.10% -1.64% -0.17% -4.84% -3.32%
0.94% 0.95% 0.25% 1.34% 0.60% 5.71%
-0.11% -0.41% 4.22% 3.26% 1.52% 15.07%
-0.57% 0.46% -2.46% -2.11% -0.17% -0.22%
-0.89% -0.07% 1.24% 0.33% 0.92% 1.74%
0.81% 1.40% 0.00% 1.22% 3.99% 3.35%
0.55% 0.08% -0.49% -0.32% 0.16% -5.42%
1.06% 0.08% -1.12% 0.16% -0.24% 5.79%
 0.41% -0.71% 1.24% -1.22% -1.77% -6.56%
0.15% -1.50% 0.74% 0.73% -1.89% -11.29%
-0.32% -0.59% 0.61% 0.81% -2.69% -1.50%
4.48% -0.85% -1.47% 3.09% -1.63% -2.75%
0.03% 0.20% 0.25% -3.01% 0.95% -4.52%
0.04% 0.11% 0.37% 0.00% 0.09% 7.27%
0.43% 0.40% 0.00% -0.89% 1.11% -2.82%
-0.23% -0.01% -0.25% -1.39% -1.88% -8.26%
0.24% -0.57% -3.00% -2.33% 0.09% 1.26%
0.64% -0.16% 0.51% 1.01% 0.43% -8.28%
-0.32% 0.71% -0.76% -0.59% 1.45% -6.25%
-0.74% 0.01% -4.16% -2.98% 2.18% 2.62%
-1.03% -1.32% -0.40% -2.45% -0.33% 13.70%
1.39% -2.59% -0.80% -2.15% -6.25% -10.07%
-2.06% -0.98% -0.81% -1.37% 1.49% -4.41%
-4.51% -2.07% -4.43% -3.93% -0.96% -8.24%
-0.02% 0.96% 1.54% 1.80% -2.04% 3.13%
-1.16% -0.65% 1.93% 1.86% -2.73% -2.79%
0.71% 2.63% 0.54% 3.88% 1.10% 5.01%
-2.87% -2.15% -0.14% -1.52% 2.88% -0.57%
-1.49% -1.72% -1.51% -2.27% 0.71% -1.24%
1.24% 1.23% 2.19% 1.01% 4.39% 5.56%
-3.40% -4.11% -4.42% -5.52% -3.69% 0.24%
0.51% -0.59% 0.84% 1.72% -0.79% 8.04%
1.39% 1.55% 1.11% 0.38% 0.44% -3.23%
0.95% 1.67% -0.69% -2.48% 2.26% 0.37%
-1.52% -0.61% 1.80% -0.29% -0.26% 1.69%
0.94% 0.99% 2.30% 0.87% -0.17% -5.48%
0.05% -0.22% -2.03% -1.45% -0.69% -2.82%
-3.60% -3.04% -2.35% -3.98% -2.99% 0.08%
0.32% 0.53% 0.56% -0.30% -0.09% 9.09%
0.90% -0.98% -2.68% -0.51% 2.12% -4.22%
1.20% 0.73% 1.42% 1.02% 1.91% 4.86%
1.58% 1.10% 2.91% 2.60% 1.20% 6.95%
0.48% 0.07% 0.27% 1.08% -2.75% -1.28%
-1.06% 0.12% 0.27% -3.78% -2.12% 8.03%
1.64% 1.06% 0.81% 2.60% 4.27% 11.43%
3.35% 1.40% 0.67% 3.40% -0.09% 0.00%
-0.28% 0.93% 0.13% 2.54% 0.60% 5.92%
1.43% 0.79% -0.27% 2.12% 2.60% 12.20%
1.70% 0.81% -0.67% -0.91% -0.83% -1.17%
-1.00% -0.19% 2.14% 0.09% -2.54% -4.29%
0.01% 0.07% 1.44% 0.18% -1.81% 2.44%
0.03% 0.91% -0.52% 0.91% -0.26% 6.16%
-0.83% 1.49% 1.04% -2.02% 11.47% 6.91%
-0.20% -0.76% -1.96% 1.01% -4.30% -3.57%
0.01% -0.48% 1.05% -0.37% -1.56% -3.88%
0.53% -0.68% 0.13% -1.86% 0.74% -9.44%
-0.77% -0.35% -1.32% -0.66% 0.08% -2.28%
0.13% 0.07% 0.26% -1.62% 0.08% -0.15%
-0.27% -1.38% 0.13% 1.43% -2.57% -4.24%
1.04% 0.29% -0.53% 0.94% -0.84% -0.59%
0.27% -0.53% -0.40% 0.93% 0.00% -8.70%
-0.22% 0.72% -1.21% 2.75% -1.19% -5.98%
1.51% -1.22% 0.54% -1.64% -2.78% -9.60%
-1.22% -2.38% -0.81% -0.83% -1.33% -4.27%
-1.38% -2.65% -0.27% -2.25% -1.89% -4.54%
0.23% 1.23% 1.21% 1.78% -0.46% 9.76%
0.68% 1.45% 1.86% 2.03% 1.00% 1.55%
-1.20% -1.39% -0.79% -3.71% 0.00% -5.92%
-2.07% -1.96% -2.14% 0.38% -1.37% -2.01%
0.93% 1.10% 1.74% 2.33% 0.91% -7.04%
1.04% 1.19% -1.07% 1.46% 1.80% -3.96%
1.15% 1.06% 0.67% 1.62% 2.03% 5.73%
-0.51% 0.29% -0.80% 0.53% -2.12% 4.55%
0.67% 0.35% -0.95% -2.34% -1.08% 3.86%
-0.62% -1.73% 0.54% 1.89% 0.72% -5.77%
-5.68% -0.13% 0.67% -1.17% 1.25% 4.00%
-0.13% -0.78% 0.67% 0.27% -0.53% 2.95%
-1.13% 1.66% -0.27% -0.18% -0.09% -10.67%
1.04% 0.51% 3.29% 5.27% 1.15% -0.54%
0.31% 0.95% -0.78% 2.70% 2.70% -2.35%
-0.23% -0.95% 1.94% 0.42% 0.68% 4.50%
1.02% 0.23% 1.27% 1.56% 0.85% -0.69%
0.39% -0.88% 0.88% 0.81% -1.53% 11.53%
-1.59% -0.29% 2.35% -1.06% -0.60% 6.84%
1.06% -1.06% -0.37% -1.57% -0.95% 7.17%
-1.13% -0.22% 0.00% -2.44% -1.49% -6.73%
1.34% 2.96% 2.42% 0.26% 3.39% 7.56%
1.57% 2.93% -0.12% -0.26% 1.02% 12.51%
0.16% 1.96% 1.55% 1.77% 1.01% 5.34%
0.64% -2.21% -1.31% -2.97% -1.01% -4.88%
-0.79% 2.10% 0.36% -0.26% 0.59% -3.89%
-0.06% -3.12% -0.12% -3.88% 0.92% -0.38%
-1.57% -0.61% 0.71% 1.07% -0.84% -17.22%
0.09% -1.39% -0.95% -2.52% -0.17% -1.55%
-0.82% -0.83% -3.65% -1.93% 0.76% 4.07%
-0.36% -0.44% -0.50% 1.02% -0.42% -3.87%
0.30% 1.00% 2.22% 1.19% 1.42% 2.56%
-0.07% -0.97% 1.09% -1.74% -1.50% -14.22%
 0.16% -1.03% -0.97% -0.56% -2.81% -5.23%
-0.99% 0.31% -1.23% -0.75% 2.81% 4.35%
0.48% 2.38% -1.87% 1.95% 2.49% 2.11%
0.37% -0.43% 0.75% 0.82% -0.74% 7.88%
1.21% -0.67% -0.75% -1.19% 0.00% -14.41%
-0.65% -0.25% -2.54% -2.62% 0.66% -6.17%
-0.98% -0.06% 0.51% -1.33% -0.41% -3.74%
0.51% -0.83% 2.28% -0.29% -4.38% -24.13%
-1.15% 0.42% 0.00% 1.05% 0.43% 0.86%
-0.60% -0.79% 1.49% 0.66% 0.77% 12.17%
-0.10% 1.13% -0.62% 1.32% 3.59% -3.66%
-0.06% -0.35% 0.62% 0.65% 0.00% 0.59%
0.99% 1.60% 1.83% -0.37% 1.06% -8.99%
0.52% 0.22% -0.12% -0.28% 0.08% -12.99%
-0.01% -0.87% 0.12% -0.19% 0.49% 1.57%
-0.11% -0.14% 0.72% 0.37% -0.73% -3.16%
1.16% 1.98% 0.84% 1.20% 0.57% 10.44%
-0.82% -1.59% 0.00% -0.55% 0.97% -4.67%
-0.06% 1.11% 0.12% 2.20% 0.80% 5.78%
0.07% -0.46% 0.36% -0.09% 1.03% -3.47%
0.14% 0.27% 0.95% 2.95% 0.16% -5.15%
0.11% -0.69% 1.17% 1.14% 0.31% 1.31%
0.76% 0.79% 0.00% -0.09% -1.18% 4.18%
-0.03% 0.50% 1.84% 0.69% 0.55% -12.18%
-0.42% -0.38% -0.57% -0.09% 0.55% -2.75%
-0.05% 0.16% 0.69% 2.56% 0.94% 7.94%
0.27% -0.34% -0.57% 0.34% 0.16% -3.04%
-1.84% -0.59% -0.81% 2.66% -0.16% -7.54%
0.92% 0.43% 0.81% -0.66% -0.62% -1.21%
1.02% 1.59% 0.91% 4.12% 0.00% -7.13%
-0.80% -0.81% 0.11% -0.40% 2.85% -1.27%
-0.18% 0.76% 0.34% -7.85% -0.15% 3.95%
0.07% -0.82% -0.91% -0.60% -0.23% 0.49%
0.83% -1.52% 1.14% -0.61% -3.65% -0.53%
1.05% 0.76% -0.11% -1.84% -1.35% 1.07%
-0.04% -0.89% -0.11% -1.43% -0.64% 5.01%
-0.07% 0.95% 0.11% 0.36% -1.71% -1.52%
-0.57% -0.86% 0.34% -0.36% 0.65% -1.78%
0.59% -0.16% -1.13% -3.85% -0.82% -8.53%
0.99% -0.39% -1.15% 0.65% 0.90% -6.24%
0.24% -0.38% 0.00% 2.74% 0.32% -9.81%
0.62% -1.44% -0.93% -6.82% -0.73% -13.56%
3.34% -0.58% 1.50% 0.48% -2.82% 1.52%
-0.71% -0.63% -0.69% 2.19% -2.04% 0.70%
-1.63% -0.68% -1.39% -1.23% -1.99% -7.06%
 -1.39% -2.41% -2.73% -1.73% -2.93% 0.51%
0.67% -0.14% 1.55% 0.10% 1.34% 5.13%
-1.34% -0.84% 0.00% -2.55% -0.80% -5.20%
-0.67% 1.06% 0.24% 0.20% -0.72% -7.07%
4.96% -4.21% -0.24% -3.94% -2.19% 1.14%
1.75% -2.26% 0.24% 1.53% -3.28% -3.53%
1.92% -1.26% 1.64% 0.10% -0.48% 9.06%
4.73% 4.50% 0.81% 0.71% 2.46% -0.99%
0.27% -1.36% -0.23% -2.45% 0.37% -1.07%
-2.16% -0.66% -1.28% 0.00% -1.50% -1.99%
0.66% -2.49% -0.70% 1.84% -1.52% -14.25%
-0.62% 0.95% 0.70% -0.71% 0.76% 3.39%
1.19% 1.22% 0.93% -0.41% 2.91% 8.33%
-0.65% -0.56% 0.69% -1.97% 0.28% -3.09%
-2.37% -0.46% -0.12% -0.84% 1.01% 0.12%
0.27% -1.28% 0.80% -2.13% 0.00% 14.18%
-0.16% 0.77% 0.80% 1.28% 2.08% 3.08%
0.24% -0.80% -1.03% -0.32% 0.89% -7.84%
-0.92% -1.23% -0.34% -0.96% -1.07% -1.73%
-2.30% -4.80% -0.92% -6.33% -3.84% -9.67%
-3.28% -3.91% -0.12% -1.15% -3.22% -1.40%
-1.39% -2.22% -1.99% -0.58% -2.04% -3.88%
-4.87% -6.21% -2.64% -0.82% -4.11% -14.58%
-2.25% 3.20% -1.10% 2.44% -3.43% -8.86%
3.14% 4.63% 0.61% 0.69% 4.85% 10.23%
-4.10% -4.91% -1.23% -2.54% -0.30% 7.41%
4.04% 2.16% 0.74% -2.01% -0.30% 5.67%
-3.54% -4.51% -1.61% -2.91% -2.57% -11.90%
-1.41% -4.95% -3.95% -3.37% -9.60% -7.88%
-8.08% -13.04% -12.58% -14.61% -29.19% 16.45%
5.74% 3.64% 0.15% 6.41% 10.47% 15.68%
-5.60% -3.35% -8.59% -10.61% -4.23% -8.59%
-13.75% -12.14% -17.66% -16.11% -5.94% -7.14%
4.88% 2.50% 12.90% 13.15% 6.22% 8.70%
-8.57% -10.01% -23.80% -19.28% -14.01% -15.32%
7.36% 6.51% -3.03% 5.23% -5.78% -13.27%
-2.95% -10.56% -20.41% -13.61% -19.25% -16.17%
-3.15% 3.88% 1.07% 4.08% 13.11% 7.54%
-5.06% -5.03% -4.36% -0.20% -8.35% -13.04%
-0.65% -4.02% -7.22% -6.63% -1.22% 2.48%
10.71% 11.94% 4.11% 15.81% 2.03% 11.78%
0.35% 5.09% 15.91% 7.06% 1.99% -2.94%
6.44% 4.02% 14.57% 1.86% -5.05% -5.59%
-4.40% -4.94% -5.22% -10.95% -7.75% -2.86%
4.44% 1.48% -2.94% 0.93% -5.52% 3.42%
-0.01% -0.20% -0.11% -0.26% -0.27% -0.86% Alpha Diario
-1.60% -39.41% -23.61% -48.06% -49.52% -88.66% Alpha Anual

2.07% 2.17% 3.05% 3.20% 3.22% 6.78% Tracking Error Diario

32.81% 34.46% 48.35% 50.80% 51.15% 107.58% Tracking Error Anual
 Banco
Walmart Disney IBM Exxon Grupo Aval Santander US Oil
de Brasil

1.99% 0.05% 0.49% 0.96% 3.16% 4.38% 3.52%

-2.75% -0.34% 0.46% 0.24% 2.04% -0.12% -1.09%
0.47% 0.16% 0.01% -0.18% -0.54% -1.09% 0.38%
-0.27% -0.19% 0.45% -0.24% -0.50% -2.55% 1.06%
-0.74% 0.71% 0.31% 0.12% 1.12% 1.09% 4.70%
-0.38% -0.34% 0.46% -0.96% 2.83% -0.14% 0.00%
-0.11% -0.12% -0.26% -0.44% 0.45% -0.06% -1.80%
0.64% 0.32% -0.36% 0.40% 0.82% 2.47% -1.42%
0.29% -1.66% 0.04% -1.01% -1.80% -4.35% 1.79%
-0.12% -0.99% -0.31% -0.26% 0.51% -0.62% 0.32%
-0.35% -0.67% -0.29% -0.07% -1.93% -0.20% -1.03%
-0.29% -1.28% 0.02% -0.12% -1.90% 0.65% 1.20%
1.18% 1.03% 0.37% -0.09% -0.82% -0.46% -0.27%
1.02% 0.25% 7.90% -1.04% -0.83% 4.57% -0.85%
-0.49% -0.65% -0.41% 0.00% 2.13% -0.97% 0.94%
-2.30% -0.36% 0.24% -0.40% 1.22% -0.39% -0.13%
0.91% 0.54% 1.01% 0.12% 0.35% 0.56% -1.92%
-0.22% 0.23% 0.19% 0.52% 0.44% 0.37% 2.05%
-3.54% -2.24% -1.51% -0.46% -1.54% -2.69% 0.58%
0.22% 0.40% -0.83% 0.50% 0.60% 1.04% -1.30%
-2.17% -0.29% -0.33% 3.45% -0.81% -0.09% 2.35%
0.29% -0.23% 0.13% -2.13% 2.47% 2.29% -1.80%
0.40% 0.30% -0.20% 0.55% 0.51% -1.50% -2.31%
0.26% -0.89% 0.79% -0.21% -0.34% -4.92% 0.49%
2.07% 0.53% -1.38% 0.17% 0.38% 0.86% -1.29%
-1.26% 0.44% 0.32% -1.01% -0.49% 1.70% 0.02%
0.58% -1.94% 0.14% 0.09% -0.07% -1.84% -0.70%
-0.48% -1.50% 0.24% 0.46% -0.15% 1.10% 0.07%
0.69% 0.61% 0.77% 0.82% -0.72% -3.38% 1.30%
0.86% 0.68% -0.49% 0.29% 0.41% 3.27% 1.49%
0.40% 0.65% 0.05% 0.79% -0.10% -0.40% 0.90%
2.04% 0.66% 0.33% 0.52% 1.37% 0.00% 0.45%
-2.47% -0.03% -0.68% 0.21% -0.59% -2.39% 1.09%
-0.14% 0.89% 0.24% -0.55% 0.35% -0.19% -0.07%
-0.48% 0.20% 0.38% 0.13% 0.86% -0.56% -0.05%
-0.56% -1.57% 0.03% -0.02% 1.62% -1.92% -3.35%
-0.36% 0.00% 0.27% 0.28% 1.93% -0.32% 0.60%
-0.54% -0.58% -0.34% 1.08% -1.66% -1.22% 2.27%
1.18% 0.34% -0.47% -0.27% 3.04% -3.89% 0.79%
-1.76% 0.34% 0.08% 0.53% -2.38% -2.63% -3.14%
0.31% 0.67% -0.17% 0.78% -0.27% 0.64% 1.58%
0.61% -0.18% -0.28% -0.04% -0.15% 0.20% 0.28%
 0.57% 1.40% 0.00% -0.49% 2.63% -2.80% 0.06%
-0.01% 0.08% -0.37% 1.92% -0.63% 0.64% 1.33%
0.36% 0.04% 0.01% -1.23% -0.18% 1.35% -0.47%
-0.55% -0.63% 0.46% -0.49% -1.59% 2.30% -0.35%
-0.41% -0.31% 0.12% -0.02% 1.16% -0.04% -0.04%
-0.02% -1.25% -0.49% 0.19% -1.88% 2.51% 1.80%
-0.73% 0.43% 0.25% -0.25% 1.14% -1.79% 0.33%
-0.29% -0.08% -0.04% -0.86% -0.10% -0.83% -0.66%
0.88% -1.98% 0.19% 0.78% 1.44% 1.60% 0.53%
0.20% -2.78% 0.21% -0.25% 1.03% -1.05% -0.23%
-0.92% 0.29% -0.34% 0.85% 0.29% -0.69% 2.07%
-0.65% -2.30% 0.23% -0.50% -1.97% -4.19% -1.56%
1.13% 1.52% 0.50% 0.30% 1.14% -3.70% 0.21%
-0.03% -0.32% -0.11% -0.61% -1.21% 2.14% 0.25%
-0.56% 1.44% 0.03% 0.58% -0.19% 0.34% 1.06%
-0.67% 0.59% -0.24% -0.30% 0.07% -7.17% -0.58%
-0.44% 0.03% 0.13% 0.14% -0.36% 4.26% -0.28%
-0.26% -0.38% 0.17% -0.60% 1.01% 0.67% 0.54%
-0.85% 0.17% 0.40% -0.01% -0.77% 1.40% 1.38%
-0.91% -0.49% -0.21% -0.43% -0.51% -0.61% 1.47%
0.04% 0.28% 0.22% -0.81% 0.04% -1.53% -0.37%
0.73% 1.75% -0.80% 1.20% 1.07% 2.58% -0.75%
0.27% -0.24% -0.11% 0.07% 0.54% 1.33% 1.30%
0.30% -0.14% -0.03% 0.51% 2.13% -0.44% 1.78%
0.06% 2.25% -0.29% -0.69% 4.10% -0.67% 0.08%
0.57% -0.09% 0.29% -0.80% -0.70% 0.68% 0.25%
1.19% -0.48% 0.53% 0.47% -0.24% -2.07% -1.05%
0.09% 10.27% -0.26% -1.92% -1.38% -1.27% -0.43%
0.92% 1.57% -0.25% -0.27% -0.90% 0.50% -0.39%
0.44% -1.68% 0.81% 0.63% -0.54% 1.33% 0.93%
0.45% 1.64% -4.02% 0.51% 1.56% -3.89% -0.45%
-0.14% 0.37% 0.72% -0.53% -1.24% 2.14% 0.14%
-0.89% -0.68% -1.13% 2.06% -0.34% 0.94% 2.49%
-0.20% 0.39% 0.23% -0.30% -0.64% 0.32% -0.01%
0.66% 1.52% -0.13% -1.74% -1.99% -2.64% -0.58%
0.03% 1.61% -0.91% 0.60% -0.46% 0.82% -1.07%
-2.41% 1.47% 0.12% -2.59% -0.59% 0.75% -3.77%
-0.08% -0.55% -0.39% -0.76% -0.11% -0.19% 0.96%
1.16% -1.78% 0.78% 0.29% -1.99% -1.40% 0.36%
-0.70% 0.32% 0.96% -1.27% 0.88% -0.30% 0.22%
0.01% -1.44% -0.48% -1.56% -0.30% 0.57% -2.86%
-0.04% -0.82% -0.49% -0.73% -0.70% -0.17% -0.57%
0.82% 0.95% 0.54% 0.01% -0.58% -2.56% 1.99%
0.53% 0.50% -0.31% 1.13% 1.02% 0.40% -0.97%
-0.83% 1.32% 0.42% 0.32% 0.16% 3.30% 1.41%
-0.46% -0.74% -1.64% 0.21% -0.61% -1.84% -0.32%
1.98% -0.04% -0.39% -0.65% -1.16% -0.73% -0.14%
0.44% 0.41% -0.48% 1.33% 0.04% -1.90% 1.19%
-0.40% 0.61% 0.63% -0.67% -1.88% 2.36% 0.69%
-0.99% 0.52% 0.23% 0.15% -2.23% -2.43% 0.19%
0.54% -0.28% 0.21% -0.90% -2.42% -3.92% 0.42%
0.14% 0.25% -0.57% -0.01% -0.55% -2.24% 0.13%
1.33% -0.16% 1.27% 0.66% 0.53% 3.41% 1.21%
-1.24% -0.71% 0.13% -0.39% 0.71% 4.04% -1.00%
1.37% 0.10% 0.21% -0.63% 0.98% -0.82% -2.73%
0.84% 0.36% -1.75% -1.17% -2.06% -0.96% -4.04%
0.66% -0.09% -0.22% 0.28% 2.43% 0.81% 1.02%
0.60% 0.71% -0.54% -1.19% -2.73% 3.98% 0.84%
0.40% -0.10% 0.10% 0.07% 2.28% 3.21% 0.78%
-0.14% 0.27% -0.30% -0.47% 0.22% 1.63% -4.21%
0.59% 1.21% -0.68% -0.35% 0.18% 1.59% -4.45%
0.79% 0.60% 1.28% 1.83% 1.42% 0.36% -0.72%
-1.53% -0.36% 1.27% 0.23% -1.69% -0.66% -0.59%
0.98% 0.01% -1.72% -1.65% -2.24% -3.76% -4.37%
0.05% 0.32% -0.06% 1.19% -0.32% 0.53% 2.05%
-0.14% -0.44% -0.22% -0.68% 0.81% -0.52% 0.48%
0.90% -1.17% 0.60% -0.02% 1.07% -1.86% -1.54%
0.42% -1.43% 0.93% -0.06% 0.45% 1.34% 0.03%
1.02% 0.68% -0.59% -0.88% 0.48% -1.46% -4.12%
-0.57% 3.93% 0.25% 0.47% 1.77% -0.59% 1.82%
0.55% 0.10% -0.29% -0.28% 0.30% -2.16% 0.71%
-0.01% -0.57% -0.24% 0.90% -0.50% -0.18% -1.29%
-0.52% -2.20% 0.09% -0.11% 1.70% 2.50% 3.02%
-0.33% 0.90% 0.21% -0.85% 0.10% 0.83% 0.41%
-0.31% -0.17% 0.34% 0.76% 1.14% 1.61% 3.54%
0.86% -1.14% 0.38% 1.53% -1.69% -0.55% 1.13%
0.27% -0.55% 0.28% -0.78% 2.63% 2.02% 0.51%
0.49% 1.47% 0.24% 0.07% 1.59% -1.83% 0.87%
-0.38% 0.45% 0.24% 0.56% -0.39% 0.89% 2.51%
-0.44% -1.17% -0.38% -1.41% -0.13% 0.04% -0.38%
-0.22% -0.33% -1.02% 0.49% 0.82% -0.24% -2.63%
-0.65% 0.66% 0.66% -0.86% -0.39% -0.34% 1.21%
0.59% 0.33% -0.05% -1.40% -1.93% -0.46% -5.13%
-0.12% -0.45% 0.17% 0.18% -0.51% 0.57% -0.17%
-0.12% -0.19% 0.07% -0.23% 4.40% 3.44% 1.70%
1.14% -0.52% -0.09% 0.94% -1.98% -1.62% 0.32%
0.02% 0.29% -1.01% -0.19% 1.11% 0.20% 0.79%
-0.36% 0.90% 0.36% 0.95% -0.45% 0.77% 3.54%
0.60% -0.21% 0.32% -0.15% -0.72% -0.55% -0.07%
0.13% 0.45% 0.60% -0.38% -1.58% -0.30% -0.70%
 0.31% 0.11% 0.39% -0.73% 1.22% -1.24% -1.79%
0.15% -0.18% 0.49% -1.16% 1.08% 1.07% -1.55%
0.52% -0.55% 0.33% 0.06% 1.27% 1.46% -2.03%
-0.25% -1.02% 4.13% -1.21% -1.83% 2.74% -1.99%
-0.10% -0.65% 0.65% 0.82% 0.87% -2.39% 1.57%
-1.24% 0.42% -0.24% -0.18% 0.09% -0.28% -0.20%
-1.33% -0.38% -0.26% -0.28% -0.68% -1.57% 0.42%
-0.55% -0.45% -0.70% -0.48% -0.71% -1.86% -2.35%
0.72% 1.88% 0.77% -0.04% -2.47% -1.81% 0.61%
-0.03% 0.26% -0.09% -0.90% -0.23% 0.27% -0.31%
-0.50% 1.36% -0.16% 0.87% -0.60% -0.42% 1.61%
0.07% -0.74% -0.48% 0.27% -3.90% -2.72% 2.43%
-0.42% -0.24% 0.07% -0.23% 0.70% -1.36% 0.76%
-0.01% 0.09% 2.30% -1.68% 0.10% -1.25% -5.35%
0.75% 0.63% -1.33% -0.25% -0.08% -0.64% 2.22%
-0.30% 0.59% -1.48% 0.95% -1.40% -0.91% 2.06%
0.07% 1.26% -1.31% -0.33% 0.25% 0.51% -3.34%
0.79% -5.14% -1.23% -0.73% 1.85% 1.78% -2.81%
-1.56% 0.36% -1.15% 0.77% -1.31% 2.02% -0.76%
-0.49% 1.12% -2.21% -1.49% 0.53% -0.85% 3.54%
-0.70% -0.78% -0.25% -0.48% -0.27% -1.03% 1.95%
0.56% -0.58% -0.26% -0.27% 0.68% -0.49% 2.89%
1.84% -0.11% -0.43% -1.14% -1.45% -2.55% -0.72%
5.69% 0.17% 0.26% -0.84% 0.60% 1.47% -1.04%
-1.17% -0.10% -0.05% 0.12% -0.32% -1.05% -0.99%
-0.48% -1.14% -0.25% 0.47% -1.90% -3.68% 1.05%
-0.76% 0.68% -0.73% 0.19% 2.59% 0.50% 0.54%
-0.85% -0.36% 0.11% 0.17% 1.48% 0.05% -0.99%
-0.05% 0.29% 0.10% -0.16% -1.98% -1.40% -0.64%
1.66% -0.67% -0.97% -0.41% 0.28% -1.35% -0.36%
-0.05% 1.12% -0.77% -0.56% -0.53% -1.40% -1.18%
0.70% 0.23% 1.22% -0.66% -2.36% -0.19% 2.44%
-0.39% 0.87% 0.55% 0.07% 0.77% 0.36% 1.26%
-0.06% -0.32% 0.32% -0.16% 1.65% 1.34% -0.07%
0.09% -0.49% 0.42% 0.01% 0.21% 1.01% -2.82%
1.02% 0.00% -0.37% 0.81% 0.96% -3.09% -1.42%
0.02% 0.07% 0.56% -0.02% -0.27% 1.52% 3.20%
-1.70% -0.61% 2.06% 0.11% -0.62% 2.10% -1.38%
-0.71% 0.42% -0.38% 0.84% 0.04% 2.45% 0.51%
1.39% -0.51% 1.44% 0.80% -0.26% 2.13% 2.61%
-0.27% -2.25% 1.67% 0.78% -0.71% -0.95% -0.86%
-0.75% -0.43% -1.73% -0.91% 1.42% -0.63% -3.26%
0.49% 0.67% -0.27% -0.22% 1.16% -0.10% -2.10%
0.51% 0.45% 0.11% 0.99% -0.45% 0.98% -0.19%
-1.28% -1.31% -0.52% 1.80% 1.36% -1.70% 11.78%
 0.55% 0.12% -0.45% -1.02% -2.22% 0.76% -4.56%
0.52% 0.32% -0.02% -0.51% 1.02% -0.40% -1.59%
-0.04% -2.59% 0.52% -0.68% 0.13% -1.86% 0.74%
0.38% -0.28% -0.27% 0.14% -0.83% -0.17% 0.57%
0.56% 0.15% 0.14% 0.08% 0.27% -1.61% 0.09%
1.51% 0.47% 0.57% -0.54% 0.98% 2.27% -1.73%
-0.55% 0.23% 0.43% -0.32% -1.14% 0.33% -1.46%
0.10% -1.13% 0.52% -0.29% -0.16% 1.18% 0.24%
0.66% -0.47% 0.32% 1.25% -0.67% 3.28% -0.66%
-0.31% -0.23% 1.01% -1.73% 0.03% -2.14% -3.29%
0.53% 0.64% 0.02% -1.15% 0.43% 0.40% -0.10%
0.33% 1.49% 0.43% -0.84% 1.54% -0.44% -0.09%
-0.63% -1.56% -0.56% 0.43% 0.42% 0.99% -1.25%
0.17% 0.23% -0.73% 0.03% 0.45% 0.61% -0.41%
-0.34% 0.93% -0.75% -0.94% -0.34% -3.27% 0.45%
1.87% -0.31% -0.51% -0.39% -0.57% 1.95% 0.20%
0.24% -0.24% 0.02% 0.20% 0.84% 1.42% 0.01%
-0.07% -0.63% 0.40% 0.55% -1.71% 0.82% 1.16%
-0.56% -0.56% 0.06% -0.02% -0.42% 0.53% 0.95%
-0.76% -0.11% -0.37% 0.43% -0.67% 0.67% -1.99%
-0.69% -0.94% -0.32% -0.64% -1.94% -3.33% -2.07%
0.11% 1.04% -0.42% -1.53% 0.74% 2.09% 0.92%
0.08% 0.87% -5.96% -0.41% 0.40% -1.44% 0.97%
-0.19% -0.73% 0.27% -0.39% 1.06% 0.66% -0.14%
-0.18% -1.17% -1.82% 0.97% -0.95% -0.86% -0.77%
0.22% 1.99% 1.39% 0.87% 3.65% 5.63% 1.51%
-0.48% -1.25% 0.03% 0.67% -1.06% 2.42% 2.41%
-0.40% -0.86% -0.42% -1.14% 1.74% 0.22% 0.49%
-0.46% 0.08% 0.61% -0.18% 0.86% 1.16% 0.44%
-0.41% -0.84% -0.17% -1.44% 0.32% 0.26% -2.09%
-1.67% -0.72% -1.51% -0.21% 2.43% -0.97% -0.52%
0.48% -0.23% 0.74% -1.38% -0.69% -1.89% -1.28%
-0.41% 0.55% -0.83% 0.08% 0.30% -2.14% -1.19%
-0.66% 1.19% 0.38% 2.00% 1.46% -0.71% 2.43%
-0.41% -0.24% 1.20% 2.56% -0.49% -0.62% 0.65%
1.21% -0.99% 0.28% 2.08% 1.67% 1.89% 1.13%
0.47% -0.21% 0.57% -2.28% -1.38% -3.04% -1.08%
0.34% 1.01% -1.06% 1.83% 0.09% -0.53% 0.32%
-0.91% 3.44% -0.31% -3.37% -0.38% -4.13% 0.67%
-0.14% -0.69% -1.37% -0.41% 0.91% 1.27% -0.64%
-0.09% 1.18% -0.07% -1.54% -1.11% -2.68% -0.32%
1.48% 6.99% -0.89% -0.90% -3.73% -2.00% 0.68%
-0.36% -1.14% -0.44% -0.52% -0.58% 0.93% -0.50%
-2.25% -2.47% -0.47% 0.24% 1.45% 0.42% 0.65%
1.10% 1.99% -0.12% -1.02% 1.04% -1.79% -1.55%
-0.24% 0.55% 0.22% -0.97% -0.91% -0.50% -2.75%
-0.26% -0.61% -0.61% 0.69% -0.85% -0.37% 3.19%
0.77% 0.14% 0.64% 2.54% -1.71% 2.11% 2.65%
-0.64% 0.72% 0.16% -0.65% 0.53% 0.61% -0.96%
-1.12% 0.19% 0.46% -1.41% -1.50% -1.94% -0.75%
0.01% 1.07% -0.87% -0.47% -2.76% -2.84% 0.44%
-0.78% -0.52% -1.40% -0.47% 0.10% -1.75% -0.83%
0.68% 0.47% 0.91% -0.43% 2.68% 0.11% -3.98%
1.03% 0.23% -0.29% 1.29% 0.87% 1.92% 1.30%
0.15% -0.70% 0.07% -0.13% 2.16% 1.33% 1.43%
-0.61% -0.83% -0.73% 0.50% -1.25% 0.69% 2.96%
-0.18% -0.72% -0.21% -0.50% 0.47% 0.50% -0.15%
0.03% -0.76% 0.08% 0.69% 0.93% -1.28% 0.15%
-0.03% -0.67% 0.84% 0.53% 0.20% 0.04% 0.40%
-0.07% 0.03% 0.10% -0.76% 0.23% -0.08% 0.60%
-0.41% 0.72% -0.40% -0.44% 0.43% 0.08% -1.02%
-0.22% -0.74% 0.31% 1.13% -0.02% 0.35% -0.29%
0.43% -0.95% -0.83% -1.60% -0.01% -0.56% 0.96%
-0.50% 0.70% -0.77% 0.39% -0.59% 1.49% 0.09%
0.58% -0.53% 0.03% -0.49% 0.32% -0.12% 0.99%
-1.13% -0.96% 0.18% 0.32% 0.99% 2.99% 0.20%
-0.26% -0.52% -0.33% -1.13% 0.72% 0.69% -0.13%
-0.32% 0.00% 0.27% 0.30% -0.49% -0.58% -1.67%
-1.14% -1.60% -0.12% 0.41% 1.76% 0.61% 0.47%
0.42% 0.44% -0.40% -0.37% -0.55% -0.07% 0.57%
-0.50% -0.23% -0.56% -0.35% 0.17% 2.05% 0.42%
0.06% 0.03% 0.26% -0.35% -0.58% 0.33% 0.15%
0.42% -0.79% -1.26% -0.01% -0.23% 3.24% 0.42%
-0.76% 0.30% 0.63% 0.14% 0.51% -0.95% -0.92%
-0.75% 1.60% 0.19% 0.76% 0.08% 3.28% -0.83%
-0.18% -0.45% -0.09% -0.10% 0.82% 0.31% 3.56%
-0.56% -0.93% -0.53% 0.41% -0.01% -8.20% -0.50%
-0.65% 0.32% 0.35% -0.54% -0.63% -0.32% 0.05%
-0.83% -0.70% 0.34% -2.01% 0.65% -1.10% -4.13%
0.36% -1.06% 0.39% 0.10% -0.78% -2.51% -2.02%
-0.55% 0.14% 0.25% -0.61% 0.17% -1.14% -0.36%
-1.13% -1.21% -0.76% 0.25% -0.58% -0.34% -2.40%
0.41% 1.06% -0.42% -0.71% 0.49% -0.21% 0.81%
-0.96% -0.79% 0.40% -0.35% -1.32% -4.03% -1.00%
-0.30% -0.28% 0.16% -1.22% -1.98% -0.18% 0.07%
-1.20% -0.93% -0.15% -0.76% -0.39% 2.36% -0.06%
0.81% -0.27% 0.89% -1.17% -0.66% -6.55% -0.47%
0.41% 0.28% 3.31% -0.61% 1.47% 0.45% -2.85%
-0.36% -1.38% -0.83% -0.74% -0.80% 2.07% -2.15%
-0.34% -0.59% -0.72% 0.23% -0.49% -0.32% -1.08%
 2.88% -1.44% 0.20% -0.83% -1.14% -0.14% -1.34%
-0.36% 0.80% -0.33% -1.14% 0.55% -0.90% 0.34%
-0.52% -1.60% -1.26% -0.75% 0.09% -2.46% -0.72%
0.28% 0.97% -0.98% 0.74% -0.08% -0.11% -1.03%
-0.02% 2.15% 6.75% -2.42% 1.55% -2.16% -0.40%
-0.92% 1.43% 1.03% -2.99% -0.49% 0.81% -4.00%
-0.62% 0.90% 0.44% -2.75% 0.15% -1.39% -1.96%
0.21% -3.47% 3.61% 3.38% -0.31% -0.41% 1.34%
-0.76% 0.60% -0.06% -1.70% -0.56% -2.78% 0.04%
0.66% -0.64% -1.62% -0.12% -0.74% 0.54% -0.96%
-1.77% 0.38% -0.07% -3.22% -1.43% 1.11% -2.25%
-0.04% -1.28% -0.79% 0.78% 0.54% -0.88% 0.60%
-0.25% -0.05% 0.54% 0.57% 0.29% -1.05% 2.27%
1.53% -0.51% -0.48% -0.39% 0.86% -1.80% 0.44%
0.20% -1.15% -2.55% -0.64% -0.30% -1.02% 0.83%
1.76% 0.01% 0.56% -0.99% 1.10% -1.84% 0.29%
-2.11% 1.07% -0.63% 0.30% 0.33% 0.81% 1.61%
0.39% -0.28% 0.62% -0.42% -0.64% 0.06% 1.27%
1.81% 0.06% 0.14% -0.17% 0.71% 0.09% -0.01%
1.48% -0.97% 1.11% -1.39% 2.49% -2.92% -0.43%
1.40% -0.62% -0.20% -0.83% 2.96% 1.92% -0.14%
-0.16% -3.46% -1.01% -1.84% -1.62% -0.20% -1.66%
1.50% 0.11% -0.35% -1.69% 1.88% 3.70% 0.41%
-1.67% 0.50% -1.42% 4.03% -0.27% 3.27% -2.61%
2.84% -2.54% -1.36% 0.13% -3.89% -3.81% 0.35%
0.25% -0.14% -1.25% -2.06% 1.62% 0.31% 2.55%
-0.77% -1.82% -0.09% -1.97% -3.39% -6.14% -4.44%
2.72% -1.01% -0.09% -1.06% 1.84% 0.55% 0.88%
2.84% 2.85% 0.31% -3.23% -2.23% -1.65% -7.88%
7.84% -2.05% -0.18% -5.14% -4.68% -6.71% -21.29%
-2.60% 1.77% 0.92% -1.19% -4.67% 1.59% 5.65%
0.43% -0.48% -0.59% 1.66% -3.58% -5.60% 0.78%
0.49% -3.91% -3.76% -2.15% -7.66% -6.11% 4.06%
0.34% 2.15% -4.00% -6.38% 4.02% 4.27% -2.66%
6.12% 5.16% 4.19% 2.76% -11.03% -6.52% -1.25%
5.25% -7.39% 1.54% 0.69% -8.85% -0.60% -11.61%
8.07% 0.13% 2.37% -5.24% -15.09% -8.29% -13.93%
-3.06% 6.21% -3.62% 3.41% 0.60% 3.61% 12.64%
-0.26% -5.47% -0.63% -0.60% 0.07% 4.23% -3.91%
3.24% 2.72% 2.32% -1.05% -4.24% -3.65% 1.75%
-8.31% 4.50% 1.74% 2.98% -4.86% 6.84% -6.94%
-6.17% 1.48% -0.80% 3.94% 14.76% 5.91% 0.84%
-5.67% -1.56% 0.38% -2.03% 8.52% -4.20% -11.10%
3.21% -5.46% -0.97% -1.51% -1.79% -7.52% -4.32%
1.70% 0.17% 1.14% -1.82% -6.24% -2.37% -8.82%
Alpha Diario 0.05% -0.04% -0.02% -0.21% -0.12% -0.27% -0.29%
Alpha Anual 14.24% -10.21% -5.15% -41.60% -26.36% -49.93% -51.35%

Tracking Error Diario 1.44% 1.52% 1.16% 1.21% 2.16% 2.26% 2.72%
Tracking Error Anual 22.86% 24.10% 18.45% 19.20% 34.33% 35.95% 43.13%

Alpha Anual Participacion

Walmart 14.24% 32.50%
Disney -10.21% 32.50%
IBM -5.15% 32.50%
Exxon -41.60% 0.00%
Grupo Aval -26.36% 2.50%
Banco
Santander
de Brasil -49.93% 0.00%

US Oil
-51.35% 0.00%
Gas -89.07% 0.00%
100.00%
Alpha del Portafolio
-1.02%
Gas

-0.68%
6.46%
-9.12%
3.11%
1.22%
-2.03%
13.72%
28.39%
-6.77%
-5.13%
-0.23%
-0.19%
-20.37%
-3.96%
6.71%
3.65%
-19.19%
1.35%
-5.08%
-4.15%
-10.65%
-9.22%
2.09%
-1.18%
-11.72%
4.21%
4.30%
0.70%
-6.86%
-2.46%
3.75%
3.74%
-1.67%
5.65%
-0.70%
8.87%
-3.85%
3.52%
0.17%
3.59%
1.11%
3.55%
 -3.50%
2.61%
-0.12%
-10.37%
1.49%
2.25%
1.96%
-6.02%
4.68%
1.22%
-2.17%
-2.38%
-3.69%
-0.19%
-3.18%
-2.22%
-0.81%
-6.50%
2.41%
-1.34%
-2.26%
-3.61%
2.59%
4.22%
0.38%
-1.31%
-2.82%
-2.61%
-7.15%
-2.07%
-7.42%
-2.43%
2.92%
-8.11%
0.22%
4.55%
4.82%
0.97%
-2.19%
4.93%
-3.04%
-3.82%
-3.35%
2.99%
7.49%
 -1.61%
3.23%
2.05%
2.31%
-5.66%
2.82%
-0.76%
4.71%
-6.33%
-9.21%
3.81%
1.66%
-1.76%
4.90%
-7.57%
-11.09%
-6.62%
0.14%
-6.60%
-5.82%
-0.52%
1.93%
4.61%
-2.31%
-6.51%
7.30%
-2.36%
-7.98%
-6.04%
-12.59%
-1.82%
13.90%
-1.23%
0.90%
5.86%
-1.36%
-7.64%
-3.61%
4.94%
15.25%
0.27%
1.62%
2.90%
-5.65%
5.33%
 -6.58%
-10.95%
-0.85%
-3.11%
-3.90%
6.99%
-3.50%
-8.73%
1.79%
-9.01%
-6.09%
2.88%
14.79%
-9.17%
-3.68%
-5.22%
1.84%
-2.86%
3.15%
0.09%
0.00%
4.06%
3.21%
7.79%
-4.66%
-0.83%
2.49%
-6.30%
-2.77%
2.71%
8.00%
-3.89%
4.21%
5.69%
-1.35%
8.72%
10.35%
-1.29%
5.83%
12.21%
-1.21%
-5.02%
2.15%
6.23%
7.22%
 -3.83%
-3.92%
-9.44%
-1.78%
-0.14%
-3.39%
-1.20%
-8.46%
-5.45%
-10.10%
-3.04%
-2.73%
8.97%
0.14%
-5.47%
-0.44%
-7.95%
-4.60%
4.64%
4.69%
2.87%
-5.57%
3.73%
3.35%
-11.35%
-0.18%
-2.64%
4.31%
-1.09%
10.98%
6.92%
6.85%
-6.43%
6.59%
12.14%
5.46%
-4.95%
-4.16%
-0.63%
-17.02%
-1.70%
4.00%
-3.96%
1.79%
-14.27%
 -5.17%
4.73%
2.27%
7.66%
-15.16%
-6.39%
-4.16%
-23.73%
1.73%
12.84%
-4.30%
0.44%
-9.90%
-12.67%
1.68%
-3.45%
9.58%
-4.68%
5.07%
-3.51%
-5.10%
0.87%
3.68%
-12.26%
-2.73%
7.42%
-3.05%
-6.96%
-1.51%
-7.97%
-0.57%
3.60%
0.77%
-1.02%
0.41%
5.30%
-2.22%
-1.63%
-8.72%
-7.07%
-10.20%
-13.30%
1.49%
0.59%
-6.15%
 2.10%
4.13%
-5.11%
-7.39%
2.93%
-4.25%
7.57%
-2.11%
-1.40%
-1.45%
-14.98%
3.22%
7.68%
-2.93%
-0.07%
14.47%
2.61%
-7.46%
-0.67%
-6.26%
1.67%
-3.50%
-10.06%
-8.03%
5.73%
10.27%
1.53%
-8.45%
-6.16%
24.35%
10.86%
-3.58%
2.85%
-0.18%
-2.55%
-19.10%
-10.85%
7.07%
-8.61%
5.45%
2.81%
-4.09%
-11.64%
0.57%
0.12%
 -0.87%
-89.07%

6.59%
104.56%
Date S&P 500 Walmart Disney IBM Exxon Grupo Aval
1/2/2019 2,510.03 93.34 108.97 115.21 69.69 6.07
1/3/2019 2,447.89 92.86 106.33 112.91 68.62 6.11
1/4/2019 2,531.94 93.44 109.61 117.32 71.15 6.45
1/7/2019 2,549.69 94.54 110.56 118.15 71.52 6.46
1/8/2019 2,574.41 95.20 111.42 119.83 72.04 6.49
1/9/2019 2,584.96 94.89 112.67 120.69 72.42 6.59
1/10/2019 2,596.64 94.96 112.80 121.79 72.05 6.81
1/11/2019 2,596.26 94.84 112.65 121.46 71.72 6.84
1/14/2019 2,582.61 94.95 112.42 120.39 71.63 6.86
1/15/2019 2,610.30 96.25 111.76 121.73 71.67 6.81
1/16/2019 2,616.10 96.35 110.91 121.62 71.64 6.86
1/17/2019 2,635.96 96.74 111.01 122.19 72.13 6.78
1/18/2019 2,670.71 97.73 111.04 123.82 72.99 6.74
1/22/2019 2,632.90 97.49 110.60 122.52 71.89 6.59
1/23/2019 2,638.70 98.71 111.12 132.89 71.30 6.55
1/24/2019 2,642.33 98.36 110.55 132.53 71.40 6.70
1/25/2019 2,664.76 96.94 111.09 133.97 71.72 6.84
1/28/2019 2,643.85 97.06 110.81 134.27 71.24 6.81
1/29/2019 2,640.00 96.71 110.90 134.33 71.51 6.83
1/30/2019 2,681.05 94.80 110.13 134.38 72.29 6.83
1/31/2019 2,704.10 95.83 111.52 134.42 73.28 6.93
2/1/2019 2,706.53 93.86 111.30 134.10 75.92 6.88
2/4/2019 2,724.87 94.77 111.80 135.19 74.82 7.10
2/5/2019 2,737.70 95.60 112.66 135.55 75.59 7.17
2/6/2019 2,731.61 95.64 111.41 136.32 75.26 7.13
2/7/2019 2,706.05 96.73 110.95 133.19 74.68 7.09
2/8/2019 2,707.88 95.58 111.51 133.71 73.98 7.06
2/11/2019 2,709.80 96.20 109.44 133.99 74.10 7.06
2/12/2019 2,744.73 96.97 109.20 136.05 75.40 7.14
2/13/2019 2,753.03 97.94 110.20 137.52 76.25 7.11
2/14/2019 2,745.73 98.52 110.66 136.48 76.27 7.12
2/15/2019 2,775.60 99.99 112.59 138.03 77.71 7.19
2/19/2019 2,779.76 102.20 113.51 138.70 78.23 7.30
2/20/2019 2,784.70 99.88 113.68 138.00 78.53 7.27
2/21/2019 2,774.88 99.39 114.29 137.84 77.82 7.27
2/22/2019 2,792.67 99.55 115.25 139.25 78.42 7.38
2/25/2019 2,796.11 99.12 113.59 139.46 78.50 7.51
2/26/2019 2,793.90 98.69 113.50 139.72 78.66 7.65
2/27/2019 2,792.38 98.11 112.78 139.17 79.47 7.52
2/28/2019 2,784.49 98.99 112.84 138.13 79.03 7.73
3/1/2019 2,803.69 97.93 114.01 139.20 80.00 7.60
3/4/2019 2,792.81 97.85 114.33 138.43 80.31 7.55
3/5/2019 2,789.65 98.34 114.00 137.88 80.19 7.53
 3/6/2019 2,771.45 98.26 114.85 136.98 79.28 7.68
3/7/2019 2,748.93 97.45 114.01 135.36 80.16 7.57
3/8/2019 2,743.07 97.59 113.81 135.09 79.01 7.54
3/11/2019 2,783.30 98.48 114.75 137.71 79.78 7.53
3/12/2019 2,791.52 98.37 114.73 138.28 80.00 7.64
3/13/2019 2,810.92 99.03 114.09 138.56 80.71 7.55
3/14/2019 2,808.48 98.22 114.48 138.79 80.44 7.63
3/15/2019 2,822.48 98.42 114.96 139.43 80.15 7.66
3/18/2019 2,832.94 99.66 113.12 140.21 81.08 7.80
3/19/2019 2,832.57 99.85 110.00 140.49 80.87 7.88
3/20/2019 2,824.23 98.64 109.99 139.60 81.32 7.88
3/21/2019 2,854.88 99.06 108.66 141.44 81.79 7.81
3/22/2019 2,800.71 98.28 108.23 139.45 80.48 7.75
3/25/2019 2,798.36 98.17 107.79 139.18 79.92 7.65
3/26/2019 2,818.46 98.32 110.14 140.22 80.96 7.69
3/27/2019 2,805.37 97.21 110.28 139.24 80.34 7.66
3/28/2019 2,815.44 97.13 110.71 139.92 80.74 7.66
3/29/2019 2,834.40 97.53 111.03 141.10 80.80 7.79
4/1/2019 2,867.19 97.82 112.51 143.30 81.73 7.82
4/2/2019 2,867.24 96.94 111.96 143.00 81.38 7.78
4/3/2019 2,873.40 97.19 112.52 143.63 80.90 7.80
4/4/2019 2,879.39 98.11 114.75 142.78 82.05 7.90
4/5/2019 2,892.74 98.83 115.00 143.28 82.49 7.98
4/8/2019 2,895.77 99.23 114.96 143.39 83.00 8.16
4/9/2019 2,878.20 98.69 116.86 142.11 81.93 8.45
4/10/2019 2,888.21 99.60 117.16 143.02 81.56 8.42
4/11/2019 2,888.32 100.80 116.60 143.78 81.95 8.40
4/12/2019 2,907.41 101.56 130.06 144.35 80.92 8.34
4/15/2019 2,905.58 102.43 132.04 143.90 80.65 8.26
4/16/2019 2,907.06 102.93 129.90 145.14 81.20 8.22
4/17/2019 2,900.45 103.16 131.75 139.11 81.43 8.33
4/18/2019 2,905.03 103.18 132.45 140.33 81.13 8.24
4/22/2019 2,907.97 102.37 131.68 138.89 82.90 8.22
4/23/2019 2,933.68 103.07 133.36 140.44 83.38 8.24
4/24/2019 2,927.25 103.53 135.10 139.95 81.76 8.06
4/25/2019 2,926.17 103.52 137.24 138.63 82.22 8.02
4/26/2019 2,939.88 101.53 139.92 139.44 80.49 8.01
4/29/2019 2,943.03 101.56 139.30 139.05 79.97 8.01
4/30/2019 2,945.83 102.84 136.97 140.27 80.28 7.86
5/1/2019 2,923.73 101.36 136.38 140.56 78.67 7.87
5/2/2019 2,917.52 101.15 134.14 139.59 77.29 7.83
5/3/2019 2,945.64 102.08 134.33 140.25 77.47 7.85
5/6/2019 2,932.47 102.46 135.00 140.38 77.13 7.77
5/7/2019 2,884.05 101.30 133.44 137.64 76.72 7.72
5/8/2019 2,879.42 100.30 134.99 138.00 76.84 7.72
 5/9/2019 2,870.72 99.54 133.59 135.34 76.77 7.65
5/10/2019 2,881.40 101.91 134.04 135.32 76.56 7.59
5/13/2019 2,811.87 99.89 131.34 131.42 75.71 7.41
5/14/2019 2,834.41 100.29 133.20 133.31 75.81 7.33
5/15/2019 2,850.96 99.88 134.68 134.40 76.37 7.21
5/16/2019 2,876.32 101.31 135.50 135.88 76.36 7.10
5/17/2019 2,859.53 100.86 135.04 134.32 75.91 7.02
5/20/2019 2,840.23 101.52 133.91 135.12 75.90 7.01
5/21/2019 2,864.36 101.12 134.09 136.45 76.25 7.12
5/22/2019 2,856.27 102.23 133.85 136.35 75.56 7.17
5/23/2019 2,822.24 101.86 132.73 132.39 73.79 6.94
5/24/2019 2,826.06 102.67 132.79 132.28 74.10 7.12
5/28/2019 2,802.39 102.42 132.62 130.46 72.61 6.87
5/29/2019 2,783.02 102.12 131.57 129.69 72.16 6.98
5/30/2019 2,788.86 102.19 132.20 129.57 71.97 7.01
5/31/2019 2,752.06 101.44 132.04 126.99 70.77 6.93
6/3/2019 2,744.45 101.96 132.47 128.27 71.88 7.01
6/4/2019 2,803.27 102.56 134.82 132.69 73.59 7.04
6/5/2019 2,826.15 104.42 135.94 131.49 72.98 6.94
6/6/2019 2,843.49 105.11 137.21 132.22 74.31 6.96
6/7/2019 2,873.34 106.06 138.04 133.31 74.58 7.09
6/10/2019 2,886.73 107.52 137.07 134.74 74.91 7.20
6/11/2019 2,885.72 107.94 135.08 135.95 74.84 7.23
6/12/2019 2,879.84 108.82 135.72 134.87 74.03 7.25
6/13/2019 2,891.64 108.65 141.74 135.76 74.68 7.41
6/14/2019 2,886.98 109.07 141.65 135.15 74.35 7.42
6/17/2019 2,889.67 109.16 140.97 134.95 75.09 7.39
6/18/2019 2,917.75 109.65 139.24 136.38 75.74 7.59
6/19/2019 2,926.46 109.62 140.92 137.08 75.32 7.62
6/20/2019 2,954.18 110.32 142.02 138.85 76.61 7.78
6/21/2019 2,950.46 111.13 140.23 139.20 77.69 7.64
6/24/2019 2,945.35 111.24 139.22 139.35 76.95 7.83
6/25/2019 2,917.38 110.72 139.94 138.36 76.27 7.88
6/26/2019 2,913.78 110.16 140.40 138.52 76.60 7.84
6/27/2019 2,924.92 110.10 139.30 138.52 75.82 7.86
6/28/2019 2,941.76 110.49 139.64 137.90 76.63 7.97
7/1/2019 2,964.33 110.62 141.65 139.88 76.56 8.00
7/2/2019 2,973.01 111.60 142.53 140.22 75.72 7.87
7/3/2019 2,995.82 112.32 142.98 141.54 76.44 7.89
7/5/2019 2,990.41 111.98 142.45 141.38 76.13 8.23
7/8/2019 2,975.95 112.72 141.02 140.57 76.48 8.03
7/9/2019 2,979.63 112.88 141.61 139.33 76.43 8.13
7/10/2019 2,993.07 112.98 143.54 140.47 77.51 8.13
7/11/2019 2,999.91 113.92 143.56 141.24 77.57 8.09
7/12/2019 3,013.77 114.60 144.88 142.74 77.63 8.00
7/15/2019 3,014.30 114.98 145.06 143.32 77.08 8.10
7/16/2019 3,004.04 114.76 144.30 143.53 75.93 8.16
7/17/2019 2,984.42 114.60 142.57 143.07 75.48 8.21
7/18/2019 2,995.11 114.72 141.63 149.63 74.84 8.09
7/19/2019 2,976.61 113.90 139.85 149.68 74.99 8.11
7/22/2019 2,985.03 112.82 140.84 149.74 75.07 8.14
7/23/2019 3,005.47 112.09 141.26 150.38 75.37 8.14
7/24/2019 3,019.56 112.00 141.29 150.03 75.36 8.12
7/25/2019 3,003.67 112.22 143.21 150.39 74.93 7.88
7/26/2019 3,025.86 113.02 144.65 151.36 74.81 7.92
7/29/2019 3,020.97 112.27 146.39 150.88 75.34 7.86
7/30/2019 3,013.18 112.06 144.93 149.77 75.35 7.54
7/31/2019 2,980.38 110.38 143.01 148.24 74.36 7.51
8/1/2019 2,953.56 109.38 141.85 150.32 72.46 7.45
8/2/2019 2,932.05 109.40 141.71 147.25 71.75 7.39
8/5/2019 2,844.74 105.82 138.30 140.76 70.28 7.07
8/6/2019 2,881.77 107.27 141.87 140.73 70.96 7.18
8/7/2019 2,883.98 108.20 134.86 139.11 70.50 7.32
8/8/2019 2,938.09 108.52 137.89 140.10 72.38 7.36
8/9/2019 2,918.65 107.28 138.52 136.13 70.84 7.35
8/12/2019 2,882.70 105.22 135.75 134.12 69.63 7.24
8/13/2019 2,926.32 107.41 137.01 135.79 70.49 7.40
8/14/2019 2,840.60 106.20 132.85 131.25 67.65 7.08
8/15/2019 2,847.60 112.69 133.41 131.92 67.25 7.14
8/16/2019 2,888.68 112.99 135.20 133.76 68.30 7.22
8/19/2019 2,923.65 113.81 135.29 135.04 69.45 7.17
8/20/2019 2,900.51 112.05 135.13 133.00 69.03 7.30
8/21/2019 2,924.43 112.02 135.76 134.25 69.72 7.47
8/22/2019 2,922.95 111.91 136.08 134.32 69.57 7.32
8/23/2019 2,847.11 110.83 131.67 129.57 67.49 7.15
8/26/2019 2,878.38 111.99 134.61 129.99 67.85 7.19
8/27/2019 2,869.16 112.42 134.49 131.17 67.19 7.00
8/28/2019 2,887.94 112.72 136.55 132.76 67.68 7.10
8/29/2019 2,924.58 114.08 137.84 134.88 68.43 7.31
8/30/2019 2,926.46 114.26 137.26 135.53 68.48 7.33
9/3/2019 2,906.27 114.64 136.31 134.10 68.56 7.35
9/4/2019 2,937.78 115.91 137.89 136.32 69.29 7.41
9/5/2019 2,976.00 115.44 138.84 140.97 70.27 7.46
9/6/2019 2,978.71 114.73 139.55 140.57 70.93 7.47
9/9/2019 2,978.43 116.33 138.83 142.60 71.49 7.45
9/10/2019 2,979.39 116.05 135.79 145.05 72.07 7.40
9/11/2019 3,000.93 116.02 136.19 143.60 71.93 7.56
9/12/2019 3,009.57 116.92 137.50 143.62 71.98 7.67
9/13/2019 3,007.39 117.43 138.02 143.67 72.64 7.63
9/16/2019 2,997.96 115.57 135.80 142.48 73.73 7.71
 9/17/2019 3,005.70 116.51 136.31 142.20 73.17 7.56
9/18/2019 3,006.73 117.16 136.80 142.22 72.82 7.64
9/19/2019 3,006.79 117.11 133.30 142.97 72.33 7.65
9/20/2019 2,992.07 116.98 132.27 141.88 72.08 7.55
9/23/2019 2,991.78 117.62 132.46 142.07 72.13 7.57
9/24/2019 2,966.60 118.40 131.97 141.68 71.14 7.58
9/25/2019 2,984.87 118.47 133.09 143.16 71.35 7.54
9/26/2019 2,977.62 118.30 131.27 143.55 70.97 7.51
9/27/2019 2,961.79 118.45 129.96 143.24 71.48 7.42
9/30/2019 2,976.74 118.68 130.32 145.42 70.61 7.46
10/1/2019 2,940.25 117.85 129.55 143.66 68.95 7.40
10/2/2019 2,887.61 116.12 129.14 141.69 67.15 7.38
10/3/2019 2,910.63 116.31 128.15 142.02 67.98 7.47
10/4/2019 2,952.01 118.16 130.27 142.99 68.97 7.61
10/7/2019 2,938.79 117.23 130.90 141.28 68.02 7.55
10/8/2019 2,893.06 117.58 128.47 138.38 66.70 7.39
10/9/2019 2,919.40 118.93 129.33 139.67 67.44 7.52
10/10/2019 2,938.13 119.61 129.34 141.13 68.25 7.44
10/11/2019 2,970.27 120.24 130.02 142.76 68.98 7.49
10/14/2019 2,966.15 119.17 129.70 142.04 69.18 7.43
10/15/2019 2,995.68 119.53 129.76 143.00 69.42 7.36
10/16/2019 2,989.69 119.42 130.86 142.11 68.23 7.40
10/17/2019 2,997.95 119.84 132.37 134.26 68.14 7.45
10/18/2019 2,986.20 119.14 130.89 134.09 67.61 7.50
10/21/2019 3,006.72 119.74 130.26 132.58 68.74 7.48
10/22/2019 2,995.99 119.58 132.40 133.96 69.09 7.73
10/23/2019 3,004.52 119.35 131.13 134.38 69.75 7.67
10/24/2019 3,010.29 119.10 130.26 134.07 69.09 7.82
10/25/2019 3,022.55 119.04 130.90 135.44 69.25 7.92
10/28/2019 3,039.42 119.22 130.53 135.97 68.64 7.99
10/29/2019 3,036.89 117.15 129.48 133.82 68.44 8.18
10/30/2019 3,046.77 118.10 129.60 135.25 67.72 8.15
10/31/2019 3,037.56 117.26 129.92 133.73 67.57 8.15
11/1/2019 3,066.91 117.62 132.75 135.53 69.60 8.35
11/4/2019 3,078.27 117.57 132.92 137.67 71.67 8.34
11/5/2019 3,074.62 118.86 131.45 137.89 73.09 8.47
11/6/2019 3,076.78 119.50 131.27 138.78 71.49 8.36
11/7/2019 3,085.18 120.23 132.96 137.69 73.01 8.39
11/8/2019 3,093.08 119.44 137.96 137.61 70.77 8.38
11/11/2019 3,087.01 119.04 136.74 135.47 70.34 8.44
11/12/2019 3,091.84 119.12 138.58 135.59 69.37 8.36
11/13/2019 3,094.04 120.98 148.72 134.48 68.80 8.06
11/14/2019 3,096.63 120.65 147.15 134.00 68.50 8.02
11/15/2019 3,120.46 118.87 144.67 134.40 69.19 8.20
11/18/2019 3,122.03 120.25 147.65 134.31 68.52 8.29
11/19/2019 3,120.18 119.89 148.38 134.52 67.82 8.21
11/20/2019 3,108.46 119.13 146.93 133.20 68.03 8.11
11/21/2019 3,103.54 119.86 146.90 133.84 69.67 7.96
11/22/2019 3,110.29 119.36 148.29 134.34 69.37 8.02
11/25/2019 3,133.64 118.92 149.69 135.97 68.91 7.96
11/26/2019 3,140.52 119.19 151.64 135.09 68.74 7.76
11/27/2019 3,153.63 118.76 151.48 133.77 68.70 7.80
11/29/2019 3,140.98 119.09 151.58 134.45 68.13 7.98
12/2/2019 3,113.87 119.28 150.62 132.91 68.42 7.98
12/3/2019 3,093.20 118.67 148.58 132.12 67.88 8.10
12/4/2019 3,112.76 118.69 148.28 131.99 68.65 8.05
12/5/2019 3,117.43 118.66 147.44 131.91 68.41 8.10
12/6/2019 3,145.91 119.78 147.66 133.22 69.51 8.25
12/9/2019 3,135.96 119.36 146.21 133.92 69.66 8.24
12/10/2019 3,132.52 119.14 146.10 133.91 69.06 8.25
12/11/2019 3,141.63 119.00 147.59 133.76 68.96 8.31
12/12/2019 3,168.57 119.76 147.76 135.32 70.34 8.38
12/13/2019 3,168.80 120.29 146.38 134.21 69.23 8.38
12/16/2019 3,191.45 120.54 148.46 134.13 70.00 8.39
12/17/2019 3,192.52 121.28 147.73 134.22 69.68 8.42
12/18/2019 3,191.14 119.86 146.26 134.41 69.87 8.50
12/19/2019 3,205.37 120.08 146.15 134.56 69.39 8.60
12/20/2019 3,221.22 120.29 146.88 135.59 69.94 8.60
12/23/2019 3,224.01 119.03 144.68 135.55 70.29 8.76
12/24/2019 3,223.38 119.51 145.29 134.98 70.02 8.71
12/26/2019 3,239.91 119.52 145.70 134.91 70.13 8.77
12/27/2019 3,240.02 119.59 145.75 135.27 69.89 8.72
12/30/2019 3,221.29 119.40 143.77 132.81 69.48 8.65
12/31/2019 3,230.78 118.84 144.63 134.04 69.78 8.72
1/2/2020 3,257.85 118.94 148.20 135.42 70.90 8.80
1/3/2020 3,234.85 117.89 146.50 134.34 70.33 8.81
1/6/2020 3,246.28 117.65 145.65 134.10 70.87 8.84
1/7/2020 3,237.18 116.56 145.70 134.19 70.29 8.76
1/8/2020 3,253.05 116.16 145.40 135.31 69.23 8.86
1/9/2020 3,274.70 117.36 144.83 136.74 69.76 8.85
1/10/2020 3,265.35 116.38 144.62 136.69 69.14 8.84
1/13/2020 3,288.13 115.88 143.88 136.60 69.80 8.85
1/14/2020 3,283.15 116.18 145.20 135.82 69.20 8.88
1/15/2020 3,289.29 115.28 144.32 136.62 69.09 8.78
1/16/2020 3,316.81 115.90 145.12 137.98 68.82 8.68
1/17/2020 3,329.62 114.96 144.33 138.31 68.56 8.68
1/21/2020 3,320.79 115.59 143.56 139.17 67.58 8.60
1/22/2020 3,321.75 116.10 144.01 143.89 67.19 8.73
1/23/2020 3,325.54 115.81 142.20 142.87 66.77 8.67
1/24/2020 3,295.47 114.37 140.08 140.56 66.32 8.55
1/27/2020 3,243.63 115.86 135.90 138.62 64.74 8.32
1/28/2020 3,276.24 116.60 138.37 139.55 64.65 8.45
1/29/2020 3,273.40 115.89 136.06 137.69 64.11 8.45
1/30/2020 3,283.66 116.58 137.81 136.77 64.79 8.47
1/31/2020 3,225.52 114.49 138.31 143.73 62.12 8.45
2/3/2020 3,248.92 114.27 141.32 146.27 60.73 8.47
2/4/2020 3,297.59 115.27 144.73 149.11 59.97 8.61
2/5/2020 3,334.69 116.81 141.37 156.33 62.73 8.68
2/6/2020 3,345.78 116.31 142.70 156.76 61.88 8.66
2/7/2020 3,327.71 116.45 141.02 153.41 61.47 8.55
2/10/2020 3,352.09 115.25 142.59 154.43 59.96 8.49
2/11/2020 3,357.75 115.40 141.01 153.48 60.53 8.55
2/12/2020 3,379.45 115.85 141.85 155.31 61.27 8.63
2/13/2020 3,373.94 117.44 140.90 154.31 60.93 8.69
2/14/2020 3,380.16 117.89 139.54 150.70 60.65 8.68
2/18/2020 3,370.29 119.63 139.14 151.10 59.88 8.75
2/19/2020 3,386.15 117.68 141.30 150.86 60.34 8.82
2/20/2020 3,373.23 117.69 140.37 151.22 59.86 8.73
2/21/2020 3,337.75 118.58 138.97 149.84 59.13 8.70
2/24/2020 3,225.89 116.32 133.01 146.43 56.36 8.62
2/25/2020 3,128.21 114.39 128.19 141.71 54.20 8.61
2/26/2020 3,116.39 113.78 123.36 139.75 53.01 8.44
2/27/2020 2,978.76 110.40 118.04 133.11 49.82 8.22
2/28/2020 2,954.22 107.68 117.65 130.15 51.44 8.13
3/2/2020 3,090.23 115.88 119.98 134.30 53.88 8.18
3/3/2020 3,003.37 112.91 116.45 128.90 51.30 8.08
3/4/2020 3,130.12 116.77 119.18 134.22 52.42 8.14
3/5/2020 3,023.94 115.92 113.98 129.55 50.11 8.01
3/6/2020 2,972.37 117.23 115.27 127.73 47.69 7.70
3/9/2020 2,746.56 117.16 104.35 117.81 41.86 6.79
3/10/2020 2,882.23 119.79 111.46 124.77 43.41 6.80
3/11/2020 2,741.38 114.43 105.51 117.97 41.98 6.24
3/12/2020 2,480.64 104.05 91.81 102.81 37.18 5.23
3/13/2020 2,711.02 114.10 102.52 107.95 38.12 5.95
3/16/2020 2,386.13 106.76 95.01 99.08 34.49 4.69
3/17/2020 2,529.19 119.26 93.53 106.65 36.81 4.55
3/18/2020 2,398.10 122.58 88.80 103.55 33.12 3.71
3/19/2020 2,409.39 119.45 94.93 100.34 34.43 3.75
3/20/2020 2,304.92 113.97 85.98 95.39 32.74 3.59
3/23/2020 2,237.40 114.28 85.76 94.77 31.45 3.34
3/24/2020 2,447.33 115.03 98.12 105.48 35.44 3.48
3/25/2020 2,475.56 109.40 100.73 105.85 37.29 4.08
3/26/2020 2,630.07 109.82 105.36 112.89 38.82 4.72
3/27/2020 2,541.47 109.58 96.40 108.03 36.95 4.48
3/30/2020 2,626.65 115.19 99.80 112.93 37.50 4.35
vr´2= beta p´2*var indice + (part´2*riesgo anual)
 Banco
Santander de US Oil Gas S&P 500 Walmart Disney
Brasil
12.16 9.85 391.70
12.39 9.95 379.40 -2.51% -0.52% -2.45%
12.8 10.18 418.60 3.38% 0.62% 3.04%
12.75 10.29 384.80 0.70% 1.17% 0.86%
12.55 10.50 400.80 0.96% 0.70% 0.77%
12.74 11.05 407.40 0.41% -0.33% 1.12%
12.78 11.10 401.00 0.45% 0.07% 0.12%
12.77 10.90 459.90 -0.01% -0.13% -0.13%
13.02 10.69 607.70 -0.53% 0.12% -0.20%
12.6 11.00 574.00 1.07% 1.36% -0.59%
12.55 11.06 546.50 0.22% 0.10% -0.76%
12.62 11.03 549.40 0.76% 0.40% 0.09%
12.87 11.31 555.60 1.31% 1.02% 0.03%
12.63 11.12 446.80 -1.43% -0.25% -0.40%
13.25 11.05 430.40 0.22% 1.24% 0.47%
13.14 11.17 460.90 0.14% -0.36% -0.51%
13.2 11.25 482.10 0.85% -1.45% 0.49%
13.17 10.95 394.80 -0.79% 0.12% -0.25%
13.2 11.16 399.60 -0.15% -0.36% 0.08%
13.05 11.40 385.70 1.54% -1.99% -0.70%
13.3 11.35 373.20 0.86% 1.08% 1.25%
13.3 11.63 335.80 0.09% -2.08% -0.20%
13.7 11.50 308.30 0.68% 0.96% 0.45%
13.56 11.29 316.30 0.47% 0.87% 0.77%
12.88 11.32 311.90 -0.22% 0.04% -1.12%
12.87 11.07 274.80 -0.94% 1.13% -0.41%
13.1 11.08 286.80 0.07% -1.20% 0.50%
12.87 11.01 299.60 0.07% 0.65% -1.87%
13.18 11.16 305.60 1.28% 0.80% -0.22%
12.78 11.34 286.20 0.30% 1.00% 0.91%
13.17 11.48 278.50 -0.27% 0.59% 0.42%
13.26 11.71 292.30 1.08% 1.48% 1.73%
13.28 11.78 303.90 0.15% 2.19% 0.81%
12.99 11.93 299.40 0.18% -2.30% 0.15%
12.92 11.88 315.70 -0.35% -0.49% 0.54%
12.93 11.95 315.50 0.64% 0.16% 0.84%
12.7 11.57 345.20 0.12% -0.43% -1.45%
12.65 11.63 331.90 -0.08% -0.43% -0.08%
12.49 11.89 343.60 -0.05% -0.59% -0.64%
11.98 11.95 343.20 -0.28% 0.89% 0.05%
11.75 11.66 358.20 0.69% -1.08% 1.03%
11.78 11.80 360.80 -0.39% -0.08% 0.28%
11.79 11.82 373.40 -0.11% 0.50% -0.29%
11.39 11.75 358.20 -0.65% -0.08% 0.74%
11.37 11.81 364.70 -0.82% -0.83% -0.73%
11.5 11.73 363.50 -0.21% 0.14% -0.18%
11.94 11.86 332.50 1.46% 0.91% 0.82%
11.97 11.89 338.50 0.29% -0.11% -0.02%
12.36 12.19 348.60 0.69% 0.67% -0.56%
12.13 12.22 355.20 -0.09% -0.82% 0.34%
12.09 12.20 336.10 0.50% 0.20% 0.42%
12.33 12.31 353.50 0.37% 1.25% -1.61%
12.2 12.28 357.80 -0.01% 0.19% -2.80%
12.08 12.50 349.10 -0.29% -1.22% -0.01%
11.71 12.44 344.60 1.08% 0.42% -1.22%
11.07 12.23 325.80 -1.92% -0.79% -0.40%
11.3 12.25 324.90 -0.08% -0.11% -0.41%
11.42 12.47 317.00 0.72% 0.15% 2.16%
10.58 12.34 308.60 -0.47% -1.14% 0.13%
11.08 12.35 307.20 0.36% -0.08% 0.39%
11.23 12.50 289.80 0.67% 0.41% 0.29%
11.52 12.82 300.30 1.15% 0.30% 1.32%
11.45 13.01 296.30 0.00% -0.90% -0.49%
11.3 12.99 290.30 0.21% 0.26% 0.50%
11.62 12.92 280.60 0.21% 0.94% 1.96%
11.83 13.15 289.30 0.46% 0.73% 0.22%
11.79 13.40 302.10 0.10% 0.40% -0.03%
11.64 13.33 301.40 -0.61% -0.55% 1.64%
11.76 13.41 298.50 0.35% 0.92% 0.26%
11.52 13.27 290.20 0.00% 1.20% -0.48%
11.45 13.30 284.60 0.66% 0.75% 10.92%
11.5 13.24 264.80 -0.06% 0.85% 1.51%
11.66 13.37 259.50 0.05% 0.49% -1.63%
11.19 13.28 240.40 -0.23% 0.22% 1.41%
11.45 13.32 235.00 0.16% 0.02% 0.53%
11.57 13.67 242.20 0.10% -0.79% -0.58%
11.71 13.79 225.30 0.88% 0.68% 1.27%
11.38 13.68 225.30 -0.22% 0.45% 1.30%
11.47 13.53 235.70 -0.04% -0.01% 1.57%
11.61 13.09 248.50 0.47% -1.94% 1.93%
11.6 13.23 251.20 0.11% 0.03% -0.44%
11.45 13.29 246.00 0.10% 1.25% -1.69%
11.33 13.22 256.50 -0.75% -1.45% -0.43%
11.37 12.82 248.30 -0.21% -0.21% -1.66%
11.46 12.87 241.30 0.96% 0.92% 0.14%
11.12 13.07 232.30 -0.45% 0.37% 0.50%
10.98 12.73 235.40 -1.66% -1.14% -1.16%
11.33 12.89 253.30 -0.16% -0.99% 1.15%
11.09 12.81 248.50 -0.30% -0.76% -1.04%
11.05 12.84 257.60 0.37% 2.35% 0.34%
10.58 12.68 256.60 -2.44% -2.00% -2.03%
10.92 12.87 264.70 0.80% 0.40% 1.41%
10.72 12.97 251.60 0.58% -0.41% 1.10%
10.4 13.14 261.10 0.89% 1.42% 0.61%
10.11 13.08 257.60 -0.59% -0.45% -0.34%
10.39 13.15 268.20 -0.68% 0.65% -0.84%
10.91 13.13 253.90 0.85% -0.39% 0.13%
10.79 12.74 230.90 -0.28% 1.09% -0.18%
10.56 12.09 237.00 -1.20% -0.36% -0.84%
10.66 12.23 241.30 0.14% 0.79% 0.05%
11 12.23 235.10 -0.84% -0.24% -0.13%
11.28 12.24 245.20 -0.69% -0.29% -0.79%
11.49 11.76 227.80 0.21% 0.07% 0.48%
11.52 11.10 201.20 -1.33% -0.74% -0.12%
11.53 10.99 187.80 -0.28% 0.51% 0.33%
11.7 11.16 192.10 2.12% 0.59% 1.76%
11.36 10.77 181.30 0.81% 1.80% 0.83%
11.49 11.06 172.10 0.61% 0.66% 0.93%
11.55 11.23 173.00 1.04% 0.90% 0.60%
11.39 11.11 177.20 0.46% 1.37% -0.71%
11.54 11.11 185.50 -0.03% 0.39% -1.46%
11.35 10.64 180.90 -0.20% 0.81% 0.47%
11.33 10.88 170.20 0.41% -0.16% 4.34%
11.07 10.94 182.80 -0.16% 0.39% -0.06%
11.06 10.81 178.70 0.09% 0.08% -0.48%
11.45 11.25 166.60 0.97% 0.45% -1.23%
11.58 11.33 157.30 0.30% -0.03% 1.20%
11.88 11.85 140.00 0.94% 0.64% 0.78%
11.8 11.97 137.30 -0.13% 0.73% -1.27%
12.02 12.01 157.50 -0.17% 0.10% -0.72%
11.69 12.00 154.10 -0.95% -0.47% 0.52%
11.78 12.29 155.30 -0.12% -0.51% 0.33%
11.83 12.29 165.30 0.38% -0.05% -0.79%
11.87 12.04 164.00 0.57% 0.35% 0.24%
11.92 12.28 153.10 0.76% 0.12% 1.43%
11.9 11.70 148.10 0.29% 0.88% 0.62%
12.06 11.77 156.80 0.76% 0.64% 0.32%
12.46 11.95 182.30 -0.18% -0.30% -0.37%
12.2 11.93 181.90 -0.48% 0.66% -1.01%
12.24 12.04 185.10 0.12% 0.14% 0.42%
12.39 12.53 191.40 0.45% 0.09% 1.35%
12.35 12.55 181.30 0.23% 0.83% 0.01%
12.37 12.52 192.10 0.46% 0.60% 0.92%
12.22 12.30 179.90 0.02% 0.33% 0.12%
12.31 12.07 160.70 -0.34% -0.19% -0.53%
12.41 11.75 158.30 -0.66% -0.14% -1.21%
12.8 11.56 154.00 0.36% 0.10% -0.66%
12.42 11.67 147.20 -0.62% -0.72% -1.26%
12.42 11.68 158.30 0.28% -0.95% 0.71%
12.31 11.81 153.90 0.68% -0.65% 0.30%
12.14 11.59 141.70 0.47% -0.08% 0.02%
11.86 11.60 143.50 -0.53% 0.20% 1.35%
11.98 11.65 132.10 0.74% 0.71% 1.00%
11.91 11.82 124.10 -0.16% -0.67% 1.20%
11.56 12.08 127.40 -0.26% -0.19% -1.00%
11.28 12.04 146.10 -1.09% -1.51% -1.33%
11.04 11.31 132.10 -0.90% -0.91% -0.81%
10.89 11.48 126.40 -0.73% 0.02% -0.10%
10.47 11.37 116.40 -3.02% -3.33% -2.44%
10.66 11.14 120.10 1.29% 1.36% 2.55%
10.86 10.84 116.80 0.08% 0.86% -5.07%
11.29 10.96 122.80 1.86% 0.30% 2.22%
11.12 11.28 122.10 -0.66% -1.15% 0.46%
10.87 11.36 120.60 -1.24% -1.94% -2.02%
10.98 11.87 127.50 1.50% 2.06% 0.92%
10.39 11.44 127.80 -2.97% -1.13% -3.08%
10.57 11.35 138.50 0.25% 5.93% 0.42%
10.61 11.40 134.10 1.43% 0.27% 1.33%
10.35 11.66 134.60 1.20% 0.72% 0.07%
10.32 11.63 136.90 -0.79% -1.56% -0.12%
10.41 11.61 129.60 0.82% -0.03% 0.47%
10.26 11.53 126.00 -0.05% -0.10% 0.24%
9.86 11.19 126.10 -2.63% -0.97% -3.29%
9.83 11.18 138.10 1.09% 1.04% 2.21%
9.78 11.42 132.40 -0.32% 0.38% -0.09%
9.88 11.64 139.00 0.65% 0.27% 1.52%
10.14 11.78 149.00 1.26% 1.20% 0.94%
10.25 11.46 147.10 0.06% 0.16% -0.42%
9.87 11.22 159.40 -0.69% 0.33% -0.69%
10.13 11.71 178.70 1.08% 1.10% 1.15%
10.48 11.70 178.70 1.29% -0.41% 0.69%
10.75 11.77 189.60 0.09% -0.62% 0.51%
10.98 12.08 214.20 -0.01% 1.38% -0.52%
10.88 11.98 211.70 0.03% -0.24% -2.21%
10.89 11.68 202.80 0.72% -0.03% 0.29%
10.91 11.47 207.80 0.29% 0.77% 0.96%
11.01 11.44 221.00 -0.07% 0.44% 0.38%
10.79 12.83 236.80 -0.31% -1.60% -1.62%
 10.9 12.29 228.50 0.26% 0.81% 0.37%
10.86 12.10 219.80 0.03% 0.56% 0.36%
10.66 12.19 200.00 0.00% -0.04% -2.59%
10.59 12.20 195.50 -0.49% -0.11% -0.78%
10.42 12.21 195.20 -0.01% 0.55% 0.14%
10.57 11.90 187.10 -0.85% 0.66% -0.37%
10.67 11.80 186.00 0.61% 0.06% 0.85%
10.77 11.80 170.50 -0.24% -0.14% -1.38%
11.07 11.66 160.60 -0.53% 0.13% -1.00%
10.89 11.34 145.90 0.50% 0.19% 0.28%
10.8 11.19 139.80 -1.23% -0.70% -0.59%
10.56 10.98 133.60 -1.81% -1.48% -0.32%
10.75 10.93 147.30 0.79% 0.16% -0.77%
10.97 11.04 149.60 1.41% 1.58% 1.64%
10.57 11.04 141.00 -0.45% -0.79% 0.48%
10.61 10.89 138.20 -1.57% 0.30% -1.87%
10.86 10.99 128.80 0.91% 1.14% 0.67%
11.02 11.19 123.80 0.64% 0.57% 0.01%
11.2 11.42 131.10 1.09% 0.53% 0.52%
11.26 11.18 137.20 -0.14% -0.89% -0.25%
11 11.06 142.60 0.99% 0.30% 0.05%
11.21 11.14 134.60 -0.20% -0.09% 0.84%
11.08 11.28 140.10 0.28% 0.35% 1.15%
11.11 11.22 144.30 -0.39% -0.59% -1.12%
11.09 11.21 129.70 0.68% 0.50% -0.48%
11.69 11.34 129.00 -0.36% -0.13% 1.63%
12.01 11.65 126.00 0.28% -0.19% -0.96%
12.06 11.73 131.80 0.19% -0.21% -0.67%
12.25 11.83 130.90 0.41% -0.05% 0.49%
12.35 11.65 146.90 0.56% 0.15% -0.28%
12.22 11.58 157.30 -0.08% -1.75% -0.81%
12.03 11.47 169.00 0.32% 0.81% 0.09%
11.74 11.30 158.00 -0.30% -0.71% 0.25%
11.77 11.69 170.40 0.96% 0.31% 2.15%
11.74 11.81 193.10 0.37% -0.04% 0.13%
11.95 11.93 203.70 -0.12% 1.09% -1.11%
11.6 11.81 194.00 0.07% 0.54% -0.14%
11.57 11.88 186.60 0.27% 0.61% 1.28%
11.13 11.99 185.90 0.26% -0.66% 3.69%
11.25 11.89 156.50 -0.20% -0.34% -0.89%
10.97 11.87 154.10 0.16% 0.07% 1.34%
10.76 11.96 160.50 0.07% 1.55% 7.06%
10.87 11.91 154.40 0.08% -0.27% -1.06%
11 12.08 158.40 0.77% -1.49% -1.70%
10.81 11.90 137.40 0.05% 1.15% 2.04%
10.75 11.57 130.40 -0.06% -0.30% 0.49%
10.67 11.90 136.20 -0.38% -0.64% -0.98%
10.88 12.20 139.10 -0.16% 0.61% -0.02%
10.97 12.11 150.50 0.22% -0.42% 0.94%
10.84 12.11 130.30 0.75% -0.37% 0.94%
10.56 12.19 122.50 0.22% 0.23% 1.29%
10.42 12.14 118.00 0.42% -0.36% -0.11%
10.39 11.62 92.70 -0.40% 0.28% 0.07%
10.5 11.67 93.50 -0.87% 0.16% -0.64%
10.57 11.76 105.60 -0.67% -0.51% -1.36%
10.71 12.19 101.80 0.63% 0.02% -0.20%
10.78 12.19 102.40 0.15% -0.03% -0.57%
10.74 12.32 93.60 0.91% 0.94% 0.15%
10.71 12.33 82.20 -0.32% -0.35% -0.99%
10.69 12.39 83.50 -0.11% -0.18% -0.08%
10.73 12.30 80.90 0.29% -0.12% 1.01%
10.86 12.37 89.80 0.85% 0.64% 0.12%
10.8 12.49 85.70 0.01% 0.44% -0.94%
11.04 12.59 90.80 0.71% 0.21% 1.41%
11.03 12.72 87.70 0.03% 0.61% -0.49%
11.36 12.74 83.30 -0.04% -1.18% -1.00%
11.49 12.78 84.40 0.44% 0.18% -0.08%
11.48 12.63 88.00 0.49% 0.17% 0.50%
11.56 12.70 77.91 0.09% -1.05% -1.51%
11.55 12.77 75.80 -0.02% 0.40% 0.42%
11.85 12.89 82.06 0.51% 0.01% 0.28%
11.89 12.91 79.60 0.00% 0.06% 0.03%
12.21 12.89 73.82 -0.58% -0.16% -1.37%
12.13 12.81 72.93 0.29% -0.47% 0.60%
12.64 12.81 67.91 0.83% 0.08% 2.44%
12.59 13.18 67.05 -0.71% -0.89% -1.15%
11.64 13.16 69.75 0.35% -0.20% -0.58%
11.57 13.13 70.09 -0.28% -0.93% 0.03%
11.5 12.66 69.72 0.49% -0.34% -0.21%
11.29 12.49 70.47 0.66% 1.03% -0.39%
11.13 12.41 74.09 -0.29% -0.84% -0.15%
11.17 12.20 72.97 0.70% -0.43% -0.51%
11.13 12.28 71.68 -0.15% 0.26% 0.91%
10.71 12.18 65.82 0.19% -0.78% -0.61%
10.78 12.29 61.84 0.83% 0.54% 0.55%
11.08 12.33 56.06 0.39% -0.81% -0.55%
10.35 12.24 48.95 -0.27% 0.55% -0.53%
10.4 11.90 49.70 0.03% 0.44% 0.31%
10.63 11.66 50.05 0.11% -0.25% -1.26%
10.5 11.43 46.64 -0.91% -1.25% -1.50%
10.32 11.10 46.88 -1.59% 1.29% -3.03%
10.33 11.25 49.35 1.00% 0.64% 1.80%
10.07 11.16 46.85 -0.09% -0.61% -1.68%
10.09 11.08 43.65 0.31% 0.59% 1.28%
9.7 10.84 44.15 -1.79% -1.81% 0.36%
9.85 10.49 42.62 0.72% -0.19% 2.15%
9.86 10.44 46.66 1.49% 0.87% 2.38%
9.93 10.70 46.20 1.12% 1.33% -2.35%
9.69 10.74 45.71 0.33% -0.43% 0.94%
9.69 10.58 44.81 -0.54% 0.12% -1.18%
9.87 10.42 38.86 0.73% -1.04% 1.11%
9.8 10.50 40.20 0.17% 0.13% -1.11%
9.76 10.81 43.69 0.64% 0.39% 0.59%
9.57 10.84 42.36 -0.16% 1.36% -0.67%
9.49 10.95 42.41 0.18% 0.38% -0.97%
9.29 10.95 48.87 -0.29% 1.47% -0.29%
9.41 11.18 50.40 0.47% -1.64% 1.54%
9.38 11.28 46.60 -0.38% 0.01% -0.66%
9.29 11.16 45.80 -1.06% 0.75% -1.00%
8.72 10.74 41.58 -3.41% -1.92% -4.38%
8.62 10.40 41.00 -3.07% -1.67% -3.69%
8.57 10.19 39.44 -0.38% -0.53% -3.84%
8.5 9.78 34.09 -4.52% -3.02% -4.41%
8.71 9.45 31.20 -0.83% -2.49% -0.33%
8.77 9.92 34.56 4.50% 7.34% 1.96%
8.55 9.89 37.22 -2.85% -2.60% -2.99%
8.38 9.86 39.39 4.13% 3.36% 2.32%
8.14 9.61 34.97 -3.45% -0.73% -4.46%
7.87 8.73 32.32 -1.72% 1.12% 1.13%
6.8 6.52 38.10 -7.90% -0.06% -9.95%
7.25 7.24 44.57 4.82% 2.22% 6.59%
6.52 6.94 40.90 -5.01% -4.58% -5.49%
5.55 6.54 38.08 -9.99% -9.51% -13.91%
6.33 6.96 41.54 8.88% 9.22% 11.03%
5.22 6.05 35.64 -12.77% -6.65% -7.61%
5.5 5.71 31.21 5.82% 11.07% -1.57%
4.8 4.71 26.55 -5.32% 2.75% -5.19%
5 5.37 28.63 0.47% -2.59% 6.68%
4.99 4.94 25.13 -4.43% -4.70% -9.90%
4.67 4.88 25.76 -2.97% 0.27% -0.26%
5.47 4.98 28.98 8.97% 0.65% 13.46%
5.87 5.08 28.14 1.15% -5.02% 2.63%
5.98 4.83 26.61 6.05% 0.38% 4.49%
5.36 4.47 25.86 -3.43% -0.22% -8.89%
5.41 4.23 26.76 3.30% 4.99% 3.47%
 Rentabilidad Diaria 0.01% 0.07% -0.03%
Rentabilidad Anual 3.74% 18.51% -6.85%

Riesgo Diario 1.76% 1.59% 2.32%

Riesgo Anual 27.94% 25.17% 36.84%

Rentab. Anual ParticipaciBeta activos Parcipacion Beta PortafolioVar Indice

S&P 500 1.04 0
Walmart 18.51% 0.00% 0.57 0.00%
Disney -6.85% 0.00% 1.00 0.00%
IBM -1.60% 0.00% 0.97 0.00%
Exxon -39.41% 27.00% 1.02 7.29%

Grupo Aval 0.00% 1.24 0.00%

-23.61%
Banco
Santander de 19.00% 1.33 3.61%
Brasil -48.06%
US Oil -49.52% 27.00% 0.98 7.29%
Gas -88.66% 27.00% 0.91 7.29%
100.00%

Rentabilidad de Portafolio Restriccion en la participacion maxima de cada activo

-57.08% 27.00%

Riesgo del Portafolio

-7.40%
t´2*riesgo anual)
 Banco
IBM Exxon Grupo Aval Santander US Oil Gas
de Brasil

-2.02% -1.55% 0.66% 1.87% 1.01% -3.19%

3.83% 3.62% 5.42% 3.26% 2.29% 9.83%
0.70% 0.52% 0.15% -0.39% 1.07% -8.42%
1.41% 0.72% 0.46% -1.58% 2.02% 4.07%
0.72% 0.53% 1.53% 1.50% 5.11% 1.63%
0.91% -0.51% 3.28% 0.31% 0.45% -1.58%
-0.27% -0.46% 0.44% -0.08% -1.82% 13.70%
-0.88% -0.13% 0.29% 1.94% -1.95% 27.87%
1.11% 0.06% -0.73% -3.28% 2.86% -5.71%
-0.09% -0.04% 0.73% -0.40% 0.54% -4.91%
0.47% 0.68% -1.17% 0.56% -0.27% 0.53%
1.33% 1.19% -0.59% 1.96% 2.51% 1.12%
-1.06% -1.52% -2.25% -1.88% -1.69% -21.79%
8.12% -0.82% -0.61% 4.79% -0.63% -3.74%
-0.27% 0.14% 2.26% -0.83% 1.08% 6.85%
1.08% 0.45% 2.07% 0.46% 0.71% 4.50%
0.22% -0.67% -0.44% -0.23% -2.70% -19.98%
0.04% 0.38% 0.29% 0.23% 1.90% 1.21%
0.04% 1.08% 0.00% -1.14% 2.13% -3.54%
0.03% 1.36% 1.45% 1.90% -0.44% -3.29%
-0.24% 3.54% -0.72% 0.00% 2.44% -10.56%
0.81% -1.46% 3.15% 2.96% -1.12% -8.54%
0.27% 1.02% 0.98% -1.03% -1.84% 2.56%
0.57% -0.44% -0.56% -5.14% 0.27% -1.40%
-2.32% -0.77% -0.56% -0.08% -2.23% -12.66%
0.39% -0.94% -0.42% 1.77% 0.09% 4.27%
0.21% 0.16% 0.00% -1.77% -0.63% 4.37%
1.53% 1.74% 1.13% 2.38% 1.35% 1.98%
1.07% 1.12% -0.42% -3.08% 1.60% -6.56%
-0.76% 0.03% 0.14% 3.01% 1.23% -2.73%
1.13% 1.87% 0.98% 0.68% 1.98% 4.84%
0.48% 0.67% 1.52% 0.15% 0.60% 3.89%
-0.51% 0.38% -0.41% -2.21% 1.27% -1.49%
-0.12% -0.91% 0.00% -0.54% -0.42% 5.30%
1.02% 0.77% 1.50% 0.08% 0.59% -0.06%
0.15% 0.10% 1.75% -1.79% -3.23% 9.00%
0.19% 0.20% 1.85% -0.39% 0.52% -3.93%
-0.39% 1.02% -1.71% -1.27% 2.21% 3.46%
-0.75% -0.56% 2.75% -4.17% 0.50% -0.12%
0.77% 1.22% -1.70% -1.94% -2.46% 4.28%
-0.55% 0.39% -0.66% 0.25% 1.19% 0.72%
-0.40% -0.15% -0.27% 0.08% 0.17% 3.43%
-0.65% -1.14% 1.97% -3.45% -0.59% -4.16%
-1.19% 1.10% -1.44% -0.18% 0.51% 1.80%
-0.20% -1.45% -0.40% 1.14% -0.68% -0.33%
1.92% 0.97% -0.13% 3.75% 1.10% -8.91%
0.41% 0.28% 1.45% 0.25% 0.25% 1.79%
0.20% 0.88% -1.19% 3.21% 2.49% 2.94%
0.17% -0.34% 1.05% -1.88% 0.25% 1.88%
0.46% -0.36% 0.39% -0.33% -0.16% -5.53%
0.56% 1.15% 1.81% 1.97% 0.90% 5.05%
0.20% -0.26% 1.02% -1.06% -0.24% 1.21%
-0.64% 0.55% 0.00% -0.99% 1.78% -2.46%
1.31% 0.58% -0.89% -3.11% -0.48% -1.30%
-1.42% -1.61% -0.77% -5.62% -1.70% -5.61%
-0.19% -0.70% -1.30% 2.06% 0.16% -0.28%
0.74% 1.29% 0.52% 1.06% 1.78% -2.46%
-0.70% -0.77% -0.39% -7.64% -1.05% -2.69%
0.49% 0.50% 0.00% 4.62% 0.08% -0.45%
0.84% 0.07% 1.68% 1.34% 1.21% -5.83%
1.55% 1.14% 0.38% 2.55% 2.53% 3.56%
-0.21% -0.43% -0.51% -0.61% 1.47% -1.34%
0.44% -0.59% 0.26% -1.32% -0.15% -2.05%
-0.59% 1.41% 1.27% 2.79% -0.54% -3.40%
0.35% 0.53% 1.01% 1.79% 1.76% 3.05%
0.08% 0.62% 2.23% -0.34% 1.88% 4.33%
-0.90% -1.30% 3.49% -1.28% -0.52% -0.23%
0.64% -0.45% -0.36% 1.03% 0.60% -0.97%
0.53% 0.48% -0.24% -2.06% -1.05% -2.82%
0.40% -1.26% -0.72% -0.61% 0.23% -1.95%
-0.31% -0.33% -0.96% 0.44% -0.45% -7.21%
0.86% 0.68% -0.49% 1.38% 0.98% -2.02%
-4.24% 0.28% 1.33% -4.11% -0.68% -7.65%
0.87% -0.37% -1.09% 2.30% 0.30% -2.27%
-1.03% 2.16% -0.24% 1.04% 2.59% 3.02%
1.11% 0.58% 0.24% 1.20% 0.87% -7.23%
-0.35% -1.96% -2.21% -2.86% -0.80% 0.00%
-0.95% 0.56% -0.50% 0.79% -1.10% 4.51%
0.58% -2.13% -0.12% 1.21% -3.31% 5.29%
-0.28% -0.65% 0.00% -0.09% 1.06% 1.08%
0.87% 0.39% -1.89% -1.30% 0.45% -2.09%
0.21% -2.03% 0.13% -1.05% -0.53% 4.18%
-0.69% -1.77% -0.51% 0.35% -3.07% -3.25%
0.47% 0.23% 0.26% 0.79% 0.39% -2.86%
0.09% -0.44% -1.02% -3.01% 1.54% -3.80%
-1.97% -0.53% -0.65% -1.27% -2.64% 1.33%
0.26% 0.16% 0.00% 3.14% 1.25% 7.33%
-1.95% -0.09% -0.91% -2.14% -0.62% -1.91%
-0.01% -0.27% -0.79% -0.36% 0.23% 3.60%
-2.92% -1.12% -2.40% -4.35% -1.25% -0.39%
1.43% 0.13% -1.09% 3.16% 1.49% 3.11%
0.81% 0.74% -1.65% -1.85% 0.77% -5.08%
1.10% -0.01% -1.54% -3.03% 1.30% 3.71%
-1.15% -0.59% -1.13% -2.83% -0.46% -1.35%
0.59% -0.01% -0.14% 2.73% 0.53% 4.03%
0.98% 0.46% 1.56% 4.88% -0.15% -5.48%
-0.07% -0.91% 0.70% -1.11% -3.02% -9.50%
-2.95% -2.37% -3.26% -2.15% -5.24% 2.61%
-0.08% 0.42% 2.56% 0.94% 1.15% 1.80%
-1.39% -2.03% -3.57% 3.14% 0.00% -2.60%
-0.59% -0.62% 1.59% 2.51% 0.08% 4.21%
-0.09% -0.26% 0.43% 1.84% -4.00% -7.36%
-2.01% -1.68% -1.15% 0.26% -5.78% -12.42%
1.00% 1.56% 1.15% 0.09% -1.00% -6.89%
3.39% 2.35% 0.43% 1.46% 1.54% 2.26%
-0.91% -0.83% -1.43% -2.95% -3.56% -5.79%
0.55% 1.81% 0.29% 1.14% 2.66% -5.21%
0.82% 0.36% 1.85% 0.52% 1.53% 0.52%
1.07% 0.44% 1.54% -1.39% -1.07% 2.40%
0.89% -0.09% 0.42% 1.31% 0.00% 4.58%
-0.80% -1.09% 0.28% -1.66% -4.32% -2.51%
0.66% 0.87% 2.18% -0.18% 2.23% -6.10%
-0.45% -0.44% 0.13% -2.32% 0.55% 7.14%
-0.15% 0.99% -0.41% -0.09% -1.20% -2.27%
1.05% 0.86% 2.67% 3.47% 3.99% -7.01%
0.51% -0.56% 0.39% 1.13% 0.71% -5.74%
1.28% 1.70% 2.08% 2.56% 4.49% -11.65%
0.25% 1.40% -1.82% -0.68% 1.01% -1.95%
0.11% -0.96% 2.46% 1.85% 0.33% 13.73%
-0.71% -0.89% 0.64% -2.78% -0.08% -2.18%
0.12% 0.43% -0.51% 0.77% 2.39% 0.78%
0.00% -1.02% 0.25% 0.42% 0.00% 6.24%
-0.45% 1.06% 1.39% 0.34% -2.06% -0.79%
1.43% -0.09% 0.38% 0.42% 1.97% -6.88%
0.24% -1.10% -1.64% -0.17% -4.84% -3.32%
0.94% 0.95% 0.25% 1.34% 0.60% 5.71%
-0.11% -0.41% 4.22% 3.26% 1.52% 15.07%
-0.57% 0.46% -2.46% -2.11% -0.17% -0.22%
-0.89% -0.07% 1.24% 0.33% 0.92% 1.74%
0.81% 1.40% 0.00% 1.22% 3.99% 3.35%
0.55% 0.08% -0.49% -0.32% 0.16% -5.42%
1.06% 0.08% -1.12% 0.16% -0.24% 5.79%
 0.41% -0.71% 1.24% -1.22% -1.77% -6.56%
0.15% -1.50% 0.74% 0.73% -1.89% -11.29%
-0.32% -0.59% 0.61% 0.81% -2.69% -1.50%
4.48% -0.85% -1.47% 3.09% -1.63% -2.75%
0.03% 0.20% 0.25% -3.01% 0.95% -4.52%
0.04% 0.11% 0.37% 0.00% 0.09% 7.27%
0.43% 0.40% 0.00% -0.89% 1.11% -2.82%
-0.23% -0.01% -0.25% -1.39% -1.88% -8.26%
0.24% -0.57% -3.00% -2.33% 0.09% 1.26%
0.64% -0.16% 0.51% 1.01% 0.43% -8.28%
-0.32% 0.71% -0.76% -0.59% 1.45% -6.25%
-0.74% 0.01% -4.16% -2.98% 2.18% 2.62%
-1.03% -1.32% -0.40% -2.45% -0.33% 13.70%
1.39% -2.59% -0.80% -2.15% -6.25% -10.07%
-2.06% -0.98% -0.81% -1.37% 1.49% -4.41%
-4.51% -2.07% -4.43% -3.93% -0.96% -8.24%
-0.02% 0.96% 1.54% 1.80% -2.04% 3.13%
-1.16% -0.65% 1.93% 1.86% -2.73% -2.79%
0.71% 2.63% 0.54% 3.88% 1.10% 5.01%
-2.87% -2.15% -0.14% -1.52% 2.88% -0.57%
-1.49% -1.72% -1.51% -2.27% 0.71% -1.24%
1.24% 1.23% 2.19% 1.01% 4.39% 5.56%
-3.40% -4.11% -4.42% -5.52% -3.69% 0.24%
0.51% -0.59% 0.84% 1.72% -0.79% 8.04%
1.39% 1.55% 1.11% 0.38% 0.44% -3.23%
0.95% 1.67% -0.69% -2.48% 2.26% 0.37%
-1.52% -0.61% 1.80% -0.29% -0.26% 1.69%
0.94% 0.99% 2.30% 0.87% -0.17% -5.48%
0.05% -0.22% -2.03% -1.45% -0.69% -2.82%
-3.60% -3.04% -2.35% -3.98% -2.99% 0.08%
0.32% 0.53% 0.56% -0.30% -0.09% 9.09%
0.90% -0.98% -2.68% -0.51% 2.12% -4.22%
1.20% 0.73% 1.42% 1.02% 1.91% 4.86%
1.58% 1.10% 2.91% 2.60% 1.20% 6.95%
0.48% 0.07% 0.27% 1.08% -2.75% -1.28%
-1.06% 0.12% 0.27% -3.78% -2.12% 8.03%
1.64% 1.06% 0.81% 2.60% 4.27% 11.43%
3.35% 1.40% 0.67% 3.40% -0.09% 0.00%
-0.28% 0.93% 0.13% 2.54% 0.60% 5.92%
1.43% 0.79% -0.27% 2.12% 2.60% 12.20%
1.70% 0.81% -0.67% -0.91% -0.83% -1.17%
-1.00% -0.19% 2.14% 0.09% -2.54% -4.29%
0.01% 0.07% 1.44% 0.18% -1.81% 2.44%
0.03% 0.91% -0.52% 0.91% -0.26% 6.16%
-0.83% 1.49% 1.04% -2.02% 11.47% 6.91%
-0.20% -0.76% -1.96% 1.01% -4.30% -3.57%
0.01% -0.48% 1.05% -0.37% -1.56% -3.88%
0.53% -0.68% 0.13% -1.86% 0.74% -9.44%
-0.77% -0.35% -1.32% -0.66% 0.08% -2.28%
0.13% 0.07% 0.26% -1.62% 0.08% -0.15%
-0.27% -1.38% 0.13% 1.43% -2.57% -4.24%
1.04% 0.29% -0.53% 0.94% -0.84% -0.59%
0.27% -0.53% -0.40% 0.93% 0.00% -8.70%
-0.22% 0.72% -1.21% 2.75% -1.19% -5.98%
1.51% -1.22% 0.54% -1.64% -2.78% -9.60%
-1.22% -2.38% -0.81% -0.83% -1.33% -4.27%
-1.38% -2.65% -0.27% -2.25% -1.89% -4.54%
0.23% 1.23% 1.21% 1.78% -0.46% 9.76%
0.68% 1.45% 1.86% 2.03% 1.00% 1.55%
-1.20% -1.39% -0.79% -3.71% 0.00% -5.92%
-2.07% -1.96% -2.14% 0.38% -1.37% -2.01%
0.93% 1.10% 1.74% 2.33% 0.91% -7.04%
1.04% 1.19% -1.07% 1.46% 1.80% -3.96%
1.15% 1.06% 0.67% 1.62% 2.03% 5.73%
-0.51% 0.29% -0.80% 0.53% -2.12% 4.55%
0.67% 0.35% -0.95% -2.34% -1.08% 3.86%
-0.62% -1.73% 0.54% 1.89% 0.72% -5.77%
-5.68% -0.13% 0.67% -1.17% 1.25% 4.00%
-0.13% -0.78% 0.67% 0.27% -0.53% 2.95%
-1.13% 1.66% -0.27% -0.18% -0.09% -10.67%
1.04% 0.51% 3.29% 5.27% 1.15% -0.54%
0.31% 0.95% -0.78% 2.70% 2.70% -2.35%
-0.23% -0.95% 1.94% 0.42% 0.68% 4.50%
1.02% 0.23% 1.27% 1.56% 0.85% -0.69%
0.39% -0.88% 0.88% 0.81% -1.53% 11.53%
-1.59% -0.29% 2.35% -1.06% -0.60% 6.84%
1.06% -1.06% -0.37% -1.57% -0.95% 7.17%
-1.13% -0.22% 0.00% -2.44% -1.49% -6.73%
1.34% 2.96% 2.42% 0.26% 3.39% 7.56%
1.57% 2.93% -0.12% -0.26% 1.02% 12.51%
0.16% 1.96% 1.55% 1.77% 1.01% 5.34%
0.64% -2.21% -1.31% -2.97% -1.01% -4.88%
-0.79% 2.10% 0.36% -0.26% 0.59% -3.89%
-0.06% -3.12% -0.12% -3.88% 0.92% -0.38%
-1.57% -0.61% 0.71% 1.07% -0.84% -17.22%
0.09% -1.39% -0.95% -2.52% -0.17% -1.55%
-0.82% -0.83% -3.65% -1.93% 0.76% 4.07%
-0.36% -0.44% -0.50% 1.02% -0.42% -3.87%
0.30% 1.00% 2.22% 1.19% 1.42% 2.56%
-0.07% -0.97% 1.09% -1.74% -1.50% -14.22%
 0.16% -1.03% -0.97% -0.56% -2.81% -5.23%
-0.99% 0.31% -1.23% -0.75% 2.81% 4.35%
0.48% 2.38% -1.87% 1.95% 2.49% 2.11%
0.37% -0.43% 0.75% 0.82% -0.74% 7.88%
1.21% -0.67% -0.75% -1.19% 0.00% -14.41%
-0.65% -0.25% -2.54% -2.62% 0.66% -6.17%
-0.98% -0.06% 0.51% -1.33% -0.41% -3.74%
0.51% -0.83% 2.28% -0.29% -4.38% -24.13%
-1.15% 0.42% 0.00% 1.05% 0.43% 0.86%
-0.60% -0.79% 1.49% 0.66% 0.77% 12.17%
-0.10% 1.13% -0.62% 1.32% 3.59% -3.66%
-0.06% -0.35% 0.62% 0.65% 0.00% 0.59%
0.99% 1.60% 1.83% -0.37% 1.06% -8.99%
0.52% 0.22% -0.12% -0.28% 0.08% -12.99%
-0.01% -0.87% 0.12% -0.19% 0.49% 1.57%
-0.11% -0.14% 0.72% 0.37% -0.73% -3.16%
1.16% 1.98% 0.84% 1.20% 0.57% 10.44%
-0.82% -1.59% 0.00% -0.55% 0.97% -4.67%
-0.06% 1.11% 0.12% 2.20% 0.80% 5.78%
0.07% -0.46% 0.36% -0.09% 1.03% -3.47%
0.14% 0.27% 0.95% 2.95% 0.16% -5.15%
0.11% -0.69% 1.17% 1.14% 0.31% 1.31%
0.76% 0.79% 0.00% -0.09% -1.18% 4.18%
-0.03% 0.50% 1.84% 0.69% 0.55% -12.18%
-0.42% -0.38% -0.57% -0.09% 0.55% -2.75%
-0.05% 0.16% 0.69% 2.56% 0.94% 7.94%
0.27% -0.34% -0.57% 0.34% 0.16% -3.04%
-1.84% -0.59% -0.81% 2.66% -0.16% -7.54%
0.92% 0.43% 0.81% -0.66% -0.62% -1.21%
1.02% 1.59% 0.91% 4.12% 0.00% -7.13%
-0.80% -0.81% 0.11% -0.40% 2.85% -1.27%
-0.18% 0.76% 0.34% -7.85% -0.15% 3.95%
0.07% -0.82% -0.91% -0.60% -0.23% 0.49%
0.83% -1.52% 1.14% -0.61% -3.65% -0.53%
1.05% 0.76% -0.11% -1.84% -1.35% 1.07%
-0.04% -0.89% -0.11% -1.43% -0.64% 5.01%
-0.07% 0.95% 0.11% 0.36% -1.71% -1.52%
-0.57% -0.86% 0.34% -0.36% 0.65% -1.78%
0.59% -0.16% -1.13% -3.85% -0.82% -8.53%
0.99% -0.39% -1.15% 0.65% 0.90% -6.24%
0.24% -0.38% 0.00% 2.74% 0.32% -9.81%
0.62% -1.44% -0.93% -6.82% -0.73% -13.56%
3.34% -0.58% 1.50% 0.48% -2.82% 1.52%
-0.71% -0.63% -0.69% 2.19% -2.04% 0.70%
-1.63% -0.68% -1.39% -1.23% -1.99% -7.06%
 -1.39% -2.41% -2.73% -1.73% -2.93% 0.51%
0.67% -0.14% 1.55% 0.10% 1.34% 5.13%
-1.34% -0.84% 0.00% -2.55% -0.80% -5.20%
-0.67% 1.06% 0.24% 0.20% -0.72% -7.07%
4.96% -4.21% -0.24% -3.94% -2.19% 1.14%
1.75% -2.26% 0.24% 1.53% -3.28% -3.53%
1.92% -1.26% 1.64% 0.10% -0.48% 9.06%
4.73% 4.50% 0.81% 0.71% 2.46% -0.99%
0.27% -1.36% -0.23% -2.45% 0.37% -1.07%
-2.16% -0.66% -1.28% 0.00% -1.50% -1.99%
0.66% -2.49% -0.70% 1.84% -1.52% -14.25%
-0.62% 0.95% 0.70% -0.71% 0.76% 3.39%
1.19% 1.22% 0.93% -0.41% 2.91% 8.33%
-0.65% -0.56% 0.69% -1.97% 0.28% -3.09%
-2.37% -0.46% -0.12% -0.84% 1.01% 0.12%
0.27% -1.28% 0.80% -2.13% 0.00% 14.18%
-0.16% 0.77% 0.80% 1.28% 2.08% 3.08%
0.24% -0.80% -1.03% -0.32% 0.89% -7.84%
-0.92% -1.23% -0.34% -0.96% -1.07% -1.73%
-2.30% -4.80% -0.92% -6.33% -3.84% -9.67%
-3.28% -3.91% -0.12% -1.15% -3.22% -1.40%
-1.39% -2.22% -1.99% -0.58% -2.04% -3.88%
-4.87% -6.21% -2.64% -0.82% -4.11% -14.58%
-2.25% 3.20% -1.10% 2.44% -3.43% -8.86%
3.14% 4.63% 0.61% 0.69% 4.85% 10.23%
-4.10% -4.91% -1.23% -2.54% -0.30% 7.41%
4.04% 2.16% 0.74% -2.01% -0.30% 5.67%
-3.54% -4.51% -1.61% -2.91% -2.57% -11.90%
-1.41% -4.95% -3.95% -3.37% -9.60% -7.88%
-8.08% -13.04% -12.58% -14.61% -29.19% 16.45%
5.74% 3.64% 0.15% 6.41% 10.47% 15.68%
-5.60% -3.35% -8.59% -10.61% -4.23% -8.59%
-13.75% -12.14% -17.66% -16.11% -5.94% -7.14%
4.88% 2.50% 12.90% 13.15% 6.22% 8.70%
-8.57% -10.01% -23.80% -19.28% -14.01% -15.32%
7.36% 6.51% -3.03% 5.23% -5.78% -13.27%
-2.95% -10.56% -20.41% -13.61% -19.25% -16.17%
-3.15% 3.88% 1.07% 4.08% 13.11% 7.54%
-5.06% -5.03% -4.36% -0.20% -8.35% -13.04%
-0.65% -4.02% -7.22% -6.63% -1.22% 2.48%
10.71% 11.94% 4.11% 15.81% 2.03% 11.78%
0.35% 5.09% 15.91% 7.06% 1.99% -2.94%
6.44% 4.02% 14.57% 1.86% -5.05% -5.59%
-4.40% -4.94% -5.22% -10.95% -7.75% -2.86%
4.44% 1.48% -2.94% 0.93% -5.52% 3.42%
-0.01% -0.20% -0.11% -0.26% -0.27% -0.86% Alpha Diario
-1.60% -39.41% -23.61% -48.06% -49.52% -88.66% Alpha Anual

2.07% 2.17% 3.05% 3.20% 3.22% 6.78% Tracking Error Diario

32.81% 34.46% 48.35% 50.80% 51.15% 107.58% Tracking Error Anual
 Banco
Walmart Disney IBM Exxon Grupo Aval Santander US Oil
de Brasil

1.99% 0.05% 0.49% 0.96% 3.16% 4.38% 3.52%

-2.75% -0.34% 0.46% 0.24% 2.04% -0.12% -1.09%
0.47% 0.16% 0.01% -0.18% -0.54% -1.09% 0.38%
-0.27% -0.19% 0.45% -0.24% -0.50% -2.55% 1.06%
-0.74% 0.71% 0.31% 0.12% 1.12% 1.09% 4.70%
-0.38% -0.34% 0.46% -0.96% 2.83% -0.14% 0.00%
-0.11% -0.12% -0.26% -0.44% 0.45% -0.06% -1.80%
0.64% 0.32% -0.36% 0.40% 0.82% 2.47% -1.42%
0.29% -1.66% 0.04% -1.01% -1.80% -4.35% 1.79%
-0.12% -0.99% -0.31% -0.26% 0.51% -0.62% 0.32%
-0.35% -0.67% -0.29% -0.07% -1.93% -0.20% -1.03%
-0.29% -1.28% 0.02% -0.12% -1.90% 0.65% 1.20%
1.18% 1.03% 0.37% -0.09% -0.82% -0.46% -0.27%
1.02% 0.25% 7.90% -1.04% -0.83% 4.57% -0.85%
-0.49% -0.65% -0.41% 0.00% 2.13% -0.97% 0.94%
-2.30% -0.36% 0.24% -0.40% 1.22% -0.39% -0.13%
0.91% 0.54% 1.01% 0.12% 0.35% 0.56% -1.92%
-0.22% 0.23% 0.19% 0.52% 0.44% 0.37% 2.05%
-3.54% -2.24% -1.51% -0.46% -1.54% -2.69% 0.58%
0.22% 0.40% -0.83% 0.50% 0.60% 1.04% -1.30%
-2.17% -0.29% -0.33% 3.45% -0.81% -0.09% 2.35%
0.29% -0.23% 0.13% -2.13% 2.47% 2.29% -1.80%
0.40% 0.30% -0.20% 0.55% 0.51% -1.50% -2.31%
0.26% -0.89% 0.79% -0.21% -0.34% -4.92% 0.49%
2.07% 0.53% -1.38% 0.17% 0.38% 0.86% -1.29%
-1.26% 0.44% 0.32% -1.01% -0.49% 1.70% 0.02%
0.58% -1.94% 0.14% 0.09% -0.07% -1.84% -0.70%
-0.48% -1.50% 0.24% 0.46% -0.15% 1.10% 0.07%
0.69% 0.61% 0.77% 0.82% -0.72% -3.38% 1.30%
0.86% 0.68% -0.49% 0.29% 0.41% 3.27% 1.49%
0.40% 0.65% 0.05% 0.79% -0.10% -0.40% 0.90%
2.04% 0.66% 0.33% 0.52% 1.37% 0.00% 0.45%
-2.47% -0.03% -0.68% 0.21% -0.59% -2.39% 1.09%
-0.14% 0.89% 0.24% -0.55% 0.35% -0.19% -0.07%
-0.48% 0.20% 0.38% 0.13% 0.86% -0.56% -0.05%
-0.56% -1.57% 0.03% -0.02% 1.62% -1.92% -3.35%
-0.36% 0.00% 0.27% 0.28% 1.93% -0.32% 0.60%
-0.54% -0.58% -0.34% 1.08% -1.66% -1.22% 2.27%
1.18% 0.34% -0.47% -0.27% 3.04% -3.89% 0.79%
-1.76% 0.34% 0.08% 0.53% -2.38% -2.63% -3.14%
0.31% 0.67% -0.17% 0.78% -0.27% 0.64% 1.58%
0.61% -0.18% -0.28% -0.04% -0.15% 0.20% 0.28%
 0.57% 1.40% 0.00% -0.49% 2.63% -2.80% 0.06%
-0.01% 0.08% -0.37% 1.92% -0.63% 0.64% 1.33%
0.36% 0.04% 0.01% -1.23% -0.18% 1.35% -0.47%
-0.55% -0.63% 0.46% -0.49% -1.59% 2.30% -0.35%
-0.41% -0.31% 0.12% -0.02% 1.16% -0.04% -0.04%
-0.02% -1.25% -0.49% 0.19% -1.88% 2.51% 1.80%
-0.73% 0.43% 0.25% -0.25% 1.14% -1.79% 0.33%
-0.29% -0.08% -0.04% -0.86% -0.10% -0.83% -0.66%
0.88% -1.98% 0.19% 0.78% 1.44% 1.60% 0.53%
0.20% -2.78% 0.21% -0.25% 1.03% -1.05% -0.23%
-0.92% 0.29% -0.34% 0.85% 0.29% -0.69% 2.07%
-0.65% -2.30% 0.23% -0.50% -1.97% -4.19% -1.56%
1.13% 1.52% 0.50% 0.30% 1.14% -3.70% 0.21%
-0.03% -0.32% -0.11% -0.61% -1.21% 2.14% 0.25%
-0.56% 1.44% 0.03% 0.58% -0.19% 0.34% 1.06%
-0.67% 0.59% -0.24% -0.30% 0.07% -7.17% -0.58%
-0.44% 0.03% 0.13% 0.14% -0.36% 4.26% -0.28%
-0.26% -0.38% 0.17% -0.60% 1.01% 0.67% 0.54%
-0.85% 0.17% 0.40% -0.01% -0.77% 1.40% 1.38%
-0.91% -0.49% -0.21% -0.43% -0.51% -0.61% 1.47%
0.04% 0.28% 0.22% -0.81% 0.04% -1.53% -0.37%
0.73% 1.75% -0.80% 1.20% 1.07% 2.58% -0.75%
0.27% -0.24% -0.11% 0.07% 0.54% 1.33% 1.30%
0.30% -0.14% -0.03% 0.51% 2.13% -0.44% 1.78%
0.06% 2.25% -0.29% -0.69% 4.10% -0.67% 0.08%
0.57% -0.09% 0.29% -0.80% -0.70% 0.68% 0.25%
1.19% -0.48% 0.53% 0.47% -0.24% -2.07% -1.05%
0.09% 10.27% -0.26% -1.92% -1.38% -1.27% -0.43%
0.92% 1.57% -0.25% -0.27% -0.90% 0.50% -0.39%
0.44% -1.68% 0.81% 0.63% -0.54% 1.33% 0.93%
0.45% 1.64% -4.02% 0.51% 1.56% -3.89% -0.45%
-0.14% 0.37% 0.72% -0.53% -1.24% 2.14% 0.14%
-0.89% -0.68% -1.13% 2.06% -0.34% 0.94% 2.49%
-0.20% 0.39% 0.23% -0.30% -0.64% 0.32% -0.01%
0.66% 1.52% -0.13% -1.74% -1.99% -2.64% -0.58%
0.03% 1.61% -0.91% 0.60% -0.46% 0.82% -1.07%
-2.41% 1.47% 0.12% -2.59% -0.59% 0.75% -3.77%
-0.08% -0.55% -0.39% -0.76% -0.11% -0.19% 0.96%
1.16% -1.78% 0.78% 0.29% -1.99% -1.40% 0.36%
-0.70% 0.32% 0.96% -1.27% 0.88% -0.30% 0.22%
0.01% -1.44% -0.48% -1.56% -0.30% 0.57% -2.86%
-0.04% -0.82% -0.49% -0.73% -0.70% -0.17% -0.57%
0.82% 0.95% 0.54% 0.01% -0.58% -2.56% 1.99%
0.53% 0.50% -0.31% 1.13% 1.02% 0.40% -0.97%
-0.83% 1.32% 0.42% 0.32% 0.16% 3.30% 1.41%
-0.46% -0.74% -1.64% 0.21% -0.61% -1.84% -0.32%
1.98% -0.04% -0.39% -0.65% -1.16% -0.73% -0.14%
0.44% 0.41% -0.48% 1.33% 0.04% -1.90% 1.19%
-0.40% 0.61% 0.63% -0.67% -1.88% 2.36% 0.69%
-0.99% 0.52% 0.23% 0.15% -2.23% -2.43% 0.19%
0.54% -0.28% 0.21% -0.90% -2.42% -3.92% 0.42%
0.14% 0.25% -0.57% -0.01% -0.55% -2.24% 0.13%
1.33% -0.16% 1.27% 0.66% 0.53% 3.41% 1.21%
-1.24% -0.71% 0.13% -0.39% 0.71% 4.04% -1.00%
1.37% 0.10% 0.21% -0.63% 0.98% -0.82% -2.73%
0.84% 0.36% -1.75% -1.17% -2.06% -0.96% -4.04%
0.66% -0.09% -0.22% 0.28% 2.43% 0.81% 1.02%
0.60% 0.71% -0.54% -1.19% -2.73% 3.98% 0.84%
0.40% -0.10% 0.10% 0.07% 2.28% 3.21% 0.78%
-0.14% 0.27% -0.30% -0.47% 0.22% 1.63% -4.21%
0.59% 1.21% -0.68% -0.35% 0.18% 1.59% -4.45%
0.79% 0.60% 1.28% 1.83% 1.42% 0.36% -0.72%
-1.53% -0.36% 1.27% 0.23% -1.69% -0.66% -0.59%
0.98% 0.01% -1.72% -1.65% -2.24% -3.76% -4.37%
0.05% 0.32% -0.06% 1.19% -0.32% 0.53% 2.05%
-0.14% -0.44% -0.22% -0.68% 0.81% -0.52% 0.48%
0.90% -1.17% 0.60% -0.02% 1.07% -1.86% -1.54%
0.42% -1.43% 0.93% -0.06% 0.45% 1.34% 0.03%
1.02% 0.68% -0.59% -0.88% 0.48% -1.46% -4.12%
-0.57% 3.93% 0.25% 0.47% 1.77% -0.59% 1.82%
0.55% 0.10% -0.29% -0.28% 0.30% -2.16% 0.71%
-0.01% -0.57% -0.24% 0.90% -0.50% -0.18% -1.29%
-0.52% -2.20% 0.09% -0.11% 1.70% 2.50% 3.02%
-0.33% 0.90% 0.21% -0.85% 0.10% 0.83% 0.41%
-0.31% -0.17% 0.34% 0.76% 1.14% 1.61% 3.54%
0.86% -1.14% 0.38% 1.53% -1.69% -0.55% 1.13%
0.27% -0.55% 0.28% -0.78% 2.63% 2.02% 0.51%
0.49% 1.47% 0.24% 0.07% 1.59% -1.83% 0.87%
-0.38% 0.45% 0.24% 0.56% -0.39% 0.89% 2.51%
-0.44% -1.17% -0.38% -1.41% -0.13% 0.04% -0.38%
-0.22% -0.33% -1.02% 0.49% 0.82% -0.24% -2.63%
-0.65% 0.66% 0.66% -0.86% -0.39% -0.34% 1.21%
0.59% 0.33% -0.05% -1.40% -1.93% -0.46% -5.13%
-0.12% -0.45% 0.17% 0.18% -0.51% 0.57% -0.17%
-0.12% -0.19% 0.07% -0.23% 4.40% 3.44% 1.70%
1.14% -0.52% -0.09% 0.94% -1.98% -1.62% 0.32%
0.02% 0.29% -1.01% -0.19% 1.11% 0.20% 0.79%
-0.36% 0.90% 0.36% 0.95% -0.45% 0.77% 3.54%
0.60% -0.21% 0.32% -0.15% -0.72% -0.55% -0.07%
0.13% 0.45% 0.60% -0.38% -1.58% -0.30% -0.70%
 0.31% 0.11% 0.39% -0.73% 1.22% -1.24% -1.79%
0.15% -0.18% 0.49% -1.16% 1.08% 1.07% -1.55%
0.52% -0.55% 0.33% 0.06% 1.27% 1.46% -2.03%
-0.25% -1.02% 4.13% -1.21% -1.83% 2.74% -1.99%
-0.10% -0.65% 0.65% 0.82% 0.87% -2.39% 1.57%
-1.24% 0.42% -0.24% -0.18% 0.09% -0.28% -0.20%
-1.33% -0.38% -0.26% -0.28% -0.68% -1.57% 0.42%
-0.55% -0.45% -0.70% -0.48% -0.71% -1.86% -2.35%
0.72% 1.88% 0.77% -0.04% -2.47% -1.81% 0.61%
-0.03% 0.26% -0.09% -0.90% -0.23% 0.27% -0.31%
-0.50% 1.36% -0.16% 0.87% -0.60% -0.42% 1.61%
0.07% -0.74% -0.48% 0.27% -3.90% -2.72% 2.43%
-0.42% -0.24% 0.07% -0.23% 0.70% -1.36% 0.76%
-0.01% 0.09% 2.30% -1.68% 0.10% -1.25% -5.35%
0.75% 0.63% -1.33% -0.25% -0.08% -0.64% 2.22%
-0.30% 0.59% -1.48% 0.95% -1.40% -0.91% 2.06%
0.07% 1.26% -1.31% -0.33% 0.25% 0.51% -3.34%
0.79% -5.14% -1.23% -0.73% 1.85% 1.78% -2.81%
-1.56% 0.36% -1.15% 0.77% -1.31% 2.02% -0.76%
-0.49% 1.12% -2.21% -1.49% 0.53% -0.85% 3.54%
-0.70% -0.78% -0.25% -0.48% -0.27% -1.03% 1.95%
0.56% -0.58% -0.26% -0.27% 0.68% -0.49% 2.89%
1.84% -0.11% -0.43% -1.14% -1.45% -2.55% -0.72%
5.69% 0.17% 0.26% -0.84% 0.60% 1.47% -1.04%
-1.17% -0.10% -0.05% 0.12% -0.32% -1.05% -0.99%
-0.48% -1.14% -0.25% 0.47% -1.90% -3.68% 1.05%
-0.76% 0.68% -0.73% 0.19% 2.59% 0.50% 0.54%
-0.85% -0.36% 0.11% 0.17% 1.48% 0.05% -0.99%
-0.05% 0.29% 0.10% -0.16% -1.98% -1.40% -0.64%
1.66% -0.67% -0.97% -0.41% 0.28% -1.35% -0.36%
-0.05% 1.12% -0.77% -0.56% -0.53% -1.40% -1.18%
0.70% 0.23% 1.22% -0.66% -2.36% -0.19% 2.44%
-0.39% 0.87% 0.55% 0.07% 0.77% 0.36% 1.26%
-0.06% -0.32% 0.32% -0.16% 1.65% 1.34% -0.07%
0.09% -0.49% 0.42% 0.01% 0.21% 1.01% -2.82%
1.02% 0.00% -0.37% 0.81% 0.96% -3.09% -1.42%
0.02% 0.07% 0.56% -0.02% -0.27% 1.52% 3.20%
-1.70% -0.61% 2.06% 0.11% -0.62% 2.10% -1.38%
-0.71% 0.42% -0.38% 0.84% 0.04% 2.45% 0.51%
1.39% -0.51% 1.44% 0.80% -0.26% 2.13% 2.61%
-0.27% -2.25% 1.67% 0.78% -0.71% -0.95% -0.86%
-0.75% -0.43% -1.73% -0.91% 1.42% -0.63% -3.26%
0.49% 0.67% -0.27% -0.22% 1.16% -0.10% -2.10%
0.51% 0.45% 0.11% 0.99% -0.45% 0.98% -0.19%
-1.28% -1.31% -0.52% 1.80% 1.36% -1.70% 11.78%
 0.55% 0.12% -0.45% -1.02% -2.22% 0.76% -4.56%
0.52% 0.32% -0.02% -0.51% 1.02% -0.40% -1.59%
-0.04% -2.59% 0.52% -0.68% 0.13% -1.86% 0.74%
0.38% -0.28% -0.27% 0.14% -0.83% -0.17% 0.57%
0.56% 0.15% 0.14% 0.08% 0.27% -1.61% 0.09%
1.51% 0.47% 0.57% -0.54% 0.98% 2.27% -1.73%
-0.55% 0.23% 0.43% -0.32% -1.14% 0.33% -1.46%
0.10% -1.13% 0.52% -0.29% -0.16% 1.18% 0.24%
0.66% -0.47% 0.32% 1.25% -0.67% 3.28% -0.66%
-0.31% -0.23% 1.01% -1.73% 0.03% -2.14% -3.29%
0.53% 0.64% 0.02% -1.15% 0.43% 0.40% -0.10%
0.33% 1.49% 0.43% -0.84% 1.54% -0.44% -0.09%
-0.63% -1.56% -0.56% 0.43% 0.42% 0.99% -1.25%
0.17% 0.23% -0.73% 0.03% 0.45% 0.61% -0.41%
-0.34% 0.93% -0.75% -0.94% -0.34% -3.27% 0.45%
1.87% -0.31% -0.51% -0.39% -0.57% 1.95% 0.20%
0.24% -0.24% 0.02% 0.20% 0.84% 1.42% 0.01%
-0.07% -0.63% 0.40% 0.55% -1.71% 0.82% 1.16%
-0.56% -0.56% 0.06% -0.02% -0.42% 0.53% 0.95%
-0.76% -0.11% -0.37% 0.43% -0.67% 0.67% -1.99%
-0.69% -0.94% -0.32% -0.64% -1.94% -3.33% -2.07%
0.11% 1.04% -0.42% -1.53% 0.74% 2.09% 0.92%
0.08% 0.87% -5.96% -0.41% 0.40% -1.44% 0.97%
-0.19% -0.73% 0.27% -0.39% 1.06% 0.66% -0.14%
-0.18% -1.17% -1.82% 0.97% -0.95% -0.86% -0.77%
0.22% 1.99% 1.39% 0.87% 3.65% 5.63% 1.51%
-0.48% -1.25% 0.03% 0.67% -1.06% 2.42% 2.41%
-0.40% -0.86% -0.42% -1.14% 1.74% 0.22% 0.49%
-0.46% 0.08% 0.61% -0.18% 0.86% 1.16% 0.44%
-0.41% -0.84% -0.17% -1.44% 0.32% 0.26% -2.09%
-1.67% -0.72% -1.51% -0.21% 2.43% -0.97% -0.52%
0.48% -0.23% 0.74% -1.38% -0.69% -1.89% -1.28%
-0.41% 0.55% -0.83% 0.08% 0.30% -2.14% -1.19%
-0.66% 1.19% 0.38% 2.00% 1.46% -0.71% 2.43%
-0.41% -0.24% 1.20% 2.56% -0.49% -0.62% 0.65%
1.21% -0.99% 0.28% 2.08% 1.67% 1.89% 1.13%
0.47% -0.21% 0.57% -2.28% -1.38% -3.04% -1.08%
0.34% 1.01% -1.06% 1.83% 0.09% -0.53% 0.32%
-0.91% 3.44% -0.31% -3.37% -0.38% -4.13% 0.67%
-0.14% -0.69% -1.37% -0.41% 0.91% 1.27% -0.64%
-0.09% 1.18% -0.07% -1.54% -1.11% -2.68% -0.32%
1.48% 6.99% -0.89% -0.90% -3.73% -2.00% 0.68%
-0.36% -1.14% -0.44% -0.52% -0.58% 0.93% -0.50%
-2.25% -2.47% -0.47% 0.24% 1.45% 0.42% 0.65%
1.10% 1.99% -0.12% -1.02% 1.04% -1.79% -1.55%
-0.24% 0.55% 0.22% -0.97% -0.91% -0.50% -2.75%
-0.26% -0.61% -0.61% 0.69% -0.85% -0.37% 3.19%
0.77% 0.14% 0.64% 2.54% -1.71% 2.11% 2.65%
-0.64% 0.72% 0.16% -0.65% 0.53% 0.61% -0.96%
-1.12% 0.19% 0.46% -1.41% -1.50% -1.94% -0.75%
0.01% 1.07% -0.87% -0.47% -2.76% -2.84% 0.44%
-0.78% -0.52% -1.40% -0.47% 0.10% -1.75% -0.83%
0.68% 0.47% 0.91% -0.43% 2.68% 0.11% -3.98%
1.03% 0.23% -0.29% 1.29% 0.87% 1.92% 1.30%
0.15% -0.70% 0.07% -0.13% 2.16% 1.33% 1.43%
-0.61% -0.83% -0.73% 0.50% -1.25% 0.69% 2.96%
-0.18% -0.72% -0.21% -0.50% 0.47% 0.50% -0.15%
0.03% -0.76% 0.08% 0.69% 0.93% -1.28% 0.15%
-0.03% -0.67% 0.84% 0.53% 0.20% 0.04% 0.40%
-0.07% 0.03% 0.10% -0.76% 0.23% -0.08% 0.60%
-0.41% 0.72% -0.40% -0.44% 0.43% 0.08% -1.02%
-0.22% -0.74% 0.31% 1.13% -0.02% 0.35% -0.29%
0.43% -0.95% -0.83% -1.60% -0.01% -0.56% 0.96%
-0.50% 0.70% -0.77% 0.39% -0.59% 1.49% 0.09%
0.58% -0.53% 0.03% -0.49% 0.32% -0.12% 0.99%
-1.13% -0.96% 0.18% 0.32% 0.99% 2.99% 0.20%
-0.26% -0.52% -0.33% -1.13% 0.72% 0.69% -0.13%
-0.32% 0.00% 0.27% 0.30% -0.49% -0.58% -1.67%
-1.14% -1.60% -0.12% 0.41% 1.76% 0.61% 0.47%
0.42% 0.44% -0.40% -0.37% -0.55% -0.07% 0.57%
-0.50% -0.23% -0.56% -0.35% 0.17% 2.05% 0.42%
0.06% 0.03% 0.26% -0.35% -0.58% 0.33% 0.15%
0.42% -0.79% -1.26% -0.01% -0.23% 3.24% 0.42%
-0.76% 0.30% 0.63% 0.14% 0.51% -0.95% -0.92%
-0.75% 1.60% 0.19% 0.76% 0.08% 3.28% -0.83%
-0.18% -0.45% -0.09% -0.10% 0.82% 0.31% 3.56%
-0.56% -0.93% -0.53% 0.41% -0.01% -8.20% -0.50%
-0.65% 0.32% 0.35% -0.54% -0.63% -0.32% 0.05%
-0.83% -0.70% 0.34% -2.01% 0.65% -1.10% -4.13%
0.36% -1.06% 0.39% 0.10% -0.78% -2.51% -2.02%
-0.55% 0.14% 0.25% -0.61% 0.17% -1.14% -0.36%
-1.13% -1.21% -0.76% 0.25% -0.58% -0.34% -2.40%
0.41% 1.06% -0.42% -0.71% 0.49% -0.21% 0.81%
-0.96% -0.79% 0.40% -0.35% -1.32% -4.03% -1.00%
-0.30% -0.28% 0.16% -1.22% -1.98% -0.18% 0.07%
-1.20% -0.93% -0.15% -0.76% -0.39% 2.36% -0.06%
0.81% -0.27% 0.89% -1.17% -0.66% -6.55% -0.47%
0.41% 0.28% 3.31% -0.61% 1.47% 0.45% -2.85%
-0.36% -1.38% -0.83% -0.74% -0.80% 2.07% -2.15%
-0.34% -0.59% -0.72% 0.23% -0.49% -0.32% -1.08%
 2.88% -1.44% 0.20% -0.83% -1.14% -0.14% -1.34%
-0.36% 0.80% -0.33% -1.14% 0.55% -0.90% 0.34%
-0.52% -1.60% -1.26% -0.75% 0.09% -2.46% -0.72%
0.28% 0.97% -0.98% 0.74% -0.08% -0.11% -1.03%
-0.02% 2.15% 6.75% -2.42% 1.55% -2.16% -0.40%
-0.92% 1.43% 1.03% -2.99% -0.49% 0.81% -4.00%
-0.62% 0.90% 0.44% -2.75% 0.15% -1.39% -1.96%
0.21% -3.47% 3.61% 3.38% -0.31% -0.41% 1.34%
-0.76% 0.60% -0.06% -1.70% -0.56% -2.78% 0.04%
0.66% -0.64% -1.62% -0.12% -0.74% 0.54% -0.96%
-1.77% 0.38% -0.07% -3.22% -1.43% 1.11% -2.25%
-0.04% -1.28% -0.79% 0.78% 0.54% -0.88% 0.60%
-0.25% -0.05% 0.54% 0.57% 0.29% -1.05% 2.27%
1.53% -0.51% -0.48% -0.39% 0.86% -1.80% 0.44%
0.20% -1.15% -2.55% -0.64% -0.30% -1.02% 0.83%
1.76% 0.01% 0.56% -0.99% 1.10% -1.84% 0.29%
-2.11% 1.07% -0.63% 0.30% 0.33% 0.81% 1.61%
0.39% -0.28% 0.62% -0.42% -0.64% 0.06% 1.27%
1.81% 0.06% 0.14% -0.17% 0.71% 0.09% -0.01%
1.48% -0.97% 1.11% -1.39% 2.49% -2.92% -0.43%
1.40% -0.62% -0.20% -0.83% 2.96% 1.92% -0.14%
-0.16% -3.46% -1.01% -1.84% -1.62% -0.20% -1.66%
1.50% 0.11% -0.35% -1.69% 1.88% 3.70% 0.41%
-1.67% 0.50% -1.42% 4.03% -0.27% 3.27% -2.61%
2.84% -2.54% -1.36% 0.13% -3.89% -3.81% 0.35%
0.25% -0.14% -1.25% -2.06% 1.62% 0.31% 2.55%
-0.77% -1.82% -0.09% -1.97% -3.39% -6.14% -4.44%
2.72% -1.01% -0.09% -1.06% 1.84% 0.55% 0.88%
2.84% 2.85% 0.31% -3.23% -2.23% -1.65% -7.88%
7.84% -2.05% -0.18% -5.14% -4.68% -6.71% -21.29%
-2.60% 1.77% 0.92% -1.19% -4.67% 1.59% 5.65%
0.43% -0.48% -0.59% 1.66% -3.58% -5.60% 0.78%
0.49% -3.91% -3.76% -2.15% -7.66% -6.11% 4.06%
0.34% 2.15% -4.00% -6.38% 4.02% 4.27% -2.66%
6.12% 5.16% 4.19% 2.76% -11.03% -6.52% -1.25%
5.25% -7.39% 1.54% 0.69% -8.85% -0.60% -11.61%
8.07% 0.13% 2.37% -5.24% -15.09% -8.29% -13.93%
-3.06% 6.21% -3.62% 3.41% 0.60% 3.61% 12.64%
-0.26% -5.47% -0.63% -0.60% 0.07% 4.23% -3.91%
3.24% 2.72% 2.32% -1.05% -4.24% -3.65% 1.75%
-8.31% 4.50% 1.74% 2.98% -4.86% 6.84% -6.94%
-6.17% 1.48% -0.80% 3.94% 14.76% 5.91% 0.84%
-5.67% -1.56% 0.38% -2.03% 8.52% -4.20% -11.10%
3.21% -5.46% -0.97% -1.51% -1.79% -7.52% -4.32%
1.70% 0.17% 1.14% -1.82% -6.24% -2.37% -8.82%
Alpha Diario 0.05% -0.04% -0.02% -0.21% -0.12% -0.27% -0.29%
Alpha Anual 14.24% -10.21% -5.15% -41.60% -26.36% -49.93% -51.35%

Tracking Error Diario 1.44% 1.52% 1.16% 1.21% 2.16% 2.26% 2.72%
Tracking Error Anual 22.86% 24.10% 18.45% 19.20% 34.33% 35.95% 43.13%

Alpha Anual Participacion

Walmart 14.24% 0.00%
Disney -10.21% 0.00%
IBM -5.15% 0.00%
Exxon -41.60% 27.00%
Grupo Aval -26.36% 0.00%
Banco
Santander
de Brasil -49.93% 19.00%

US Oil
-51.35% 27.00%
Gas -89.07% 27.00%
100.00%
Alpha del Portafolio
-58.63%
Gas

-0.68%
6.46%
-9.12%
3.11%
1.22%
-2.03%
13.72%
28.39%
-6.77%
-5.13%
-0.23%
-0.19%
-20.37%
-3.96%
6.71%
3.65%
-19.19%
1.35%
-5.08%
-4.15%
-10.65%
-9.22%
2.09%
-1.18%
-11.72%
4.21%
4.30%
0.70%
-6.86%
-2.46%
3.75%
3.74%
-1.67%
5.65%
-0.70%
8.87%
-3.85%
3.52%
0.17%
3.59%
1.11%
3.55%
 -3.50%
2.61%
-0.12%
-10.37%
1.49%
2.25%
1.96%
-6.02%
4.68%
1.22%
-2.17%
-2.38%
-3.69%
-0.19%
-3.18%
-2.22%
-0.81%
-6.50%
2.41%
-1.34%
-2.26%
-3.61%
2.59%
4.22%
0.38%
-1.31%
-2.82%
-2.61%
-7.15%
-2.07%
-7.42%
-2.43%
2.92%
-8.11%
0.22%
4.55%
4.82%
0.97%
-2.19%
4.93%
-3.04%
-3.82%
-3.35%
2.99%
7.49%
 -1.61%
3.23%
2.05%
2.31%
-5.66%
2.82%
-0.76%
4.71%
-6.33%
-9.21%
3.81%
1.66%
-1.76%
4.90%
-7.57%
-11.09%
-6.62%
0.14%
-6.60%
-5.82%
-0.52%
1.93%
4.61%
-2.31%
-6.51%
7.30%
-2.36%
-7.98%
-6.04%
-12.59%
-1.82%
13.90%
-1.23%
0.90%
5.86%
-1.36%
-7.64%
-3.61%
4.94%
15.25%
0.27%
1.62%
2.90%
-5.65%
5.33%
 -6.58%
-10.95%
-0.85%
-3.11%
-3.90%
6.99%
-3.50%
-8.73%
1.79%
-9.01%
-6.09%
2.88%
14.79%
-9.17%
-3.68%
-5.22%
1.84%
-2.86%
3.15%
0.09%
0.00%
4.06%
3.21%
7.79%
-4.66%
-0.83%
2.49%
-6.30%
-2.77%
2.71%
8.00%
-3.89%
4.21%
5.69%
-1.35%
8.72%
10.35%
-1.29%
5.83%
12.21%
-1.21%
-5.02%
2.15%
6.23%
7.22%
 -3.83%
-3.92%
-9.44%
-1.78%
-0.14%
-3.39%
-1.20%
-8.46%
-5.45%
-10.10%
-3.04%
-2.73%
8.97%
0.14%
-5.47%
-0.44%
-7.95%
-4.60%
4.64%
4.69%
2.87%
-5.57%
3.73%
3.35%
-11.35%
-0.18%
-2.64%
4.31%
-1.09%
10.98%
6.92%
6.85%
-6.43%
6.59%
12.14%
5.46%
-4.95%
-4.16%
-0.63%
-17.02%
-1.70%
4.00%
-3.96%
1.79%
-14.27%
 -5.17%
4.73%
2.27%
7.66%
-15.16%
-6.39%
-4.16%
-23.73%
1.73%
12.84%
-4.30%
0.44%
-9.90%
-12.67%
1.68%
-3.45%
9.58%
-4.68%
5.07%
-3.51%
-5.10%
0.87%
3.68%
-12.26%
-2.73%
7.42%
-3.05%
-6.96%
-1.51%
-7.97%
-0.57%
3.60%
0.77%
-1.02%
0.41%
5.30%
-2.22%
-1.63%
-8.72%
-7.07%
-10.20%
-13.30%
1.49%
0.59%
-6.15%
 2.10%
4.13%
-5.11%
-7.39%
2.93%
-4.25%
7.57%
-2.11%
-1.40%
-1.45%
-14.98%
3.22%
7.68%
-2.93%
-0.07%
14.47%
2.61%
-7.46%
-0.67%
-6.26%
1.67%
-3.50%
-10.06%
-8.03%
5.73%
10.27%
1.53%
-8.45%
-6.16%
24.35%
10.86%
-3.58%
2.85%
-0.18%
-2.55%
-19.10%
-10.85%
7.07%
-8.61%
5.45%
2.81%
-4.09%
-11.64%
0.57%
0.12%
 -0.87%
-89.07%

6.59%
104.56%
Date S&P 500 Walmart Disney IBM Exxon Grupo Aval
1/2/2019 2,510.03 93.34 108.97 115.21 69.69 6.07
1/3/2019 2,447.89 92.86 106.33 112.91 68.62 6.11
1/4/2019 2,531.94 93.44 109.61 117.32 71.15 6.45
1/7/2019 2,549.69 94.54 110.56 118.15 71.52 6.46
1/8/2019 2,574.41 95.20 111.42 119.83 72.04 6.49
1/9/2019 2,584.96 94.89 112.67 120.69 72.42 6.59
1/10/2019 2,596.64 94.96 112.80 121.79 72.05 6.81
1/11/2019 2,596.26 94.84 112.65 121.46 71.72 6.84
1/14/2019 2,582.61 94.95 112.42 120.39 71.63 6.86
1/15/2019 2,610.30 96.25 111.76 121.73 71.67 6.81
1/16/2019 2,616.10 96.35 110.91 121.62 71.64 6.86
1/17/2019 2,635.96 96.74 111.01 122.19 72.13 6.78
1/18/2019 2,670.71 97.73 111.04 123.82 72.99 6.74
1/22/2019 2,632.90 97.49 110.60 122.52 71.89 6.59
1/23/2019 2,638.70 98.71 111.12 132.89 71.30 6.55
1/24/2019 2,642.33 98.36 110.55 132.53 71.40 6.70
1/25/2019 2,664.76 96.94 111.09 133.97 71.72 6.84
1/28/2019 2,643.85 97.06 110.81 134.27 71.24 6.81
1/29/2019 2,640.00 96.71 110.90 134.33 71.51 6.83
1/30/2019 2,681.05 94.80 110.13 134.38 72.29 6.83
1/31/2019 2,704.10 95.83 111.52 134.42 73.28 6.93
2/1/2019 2,706.53 93.86 111.30 134.10 75.92 6.88
2/4/2019 2,724.87 94.77 111.80 135.19 74.82 7.10
2/5/2019 2,737.70 95.60 112.66 135.55 75.59 7.17
2/6/2019 2,731.61 95.64 111.41 136.32 75.26 7.13
2/7/2019 2,706.05 96.73 110.95 133.19 74.68 7.09
2/8/2019 2,707.88 95.58 111.51 133.71 73.98 7.06
2/11/2019 2,709.80 96.20 109.44 133.99 74.10 7.06
2/12/2019 2,744.73 96.97 109.20 136.05 75.40 7.14
2/13/2019 2,753.03 97.94 110.20 137.52 76.25 7.11
2/14/2019 2,745.73 98.52 110.66 136.48 76.27 7.12
2/15/2019 2,775.60 99.99 112.59 138.03 77.71 7.19
2/19/2019 2,779.76 102.20 113.51 138.70 78.23 7.30
2/20/2019 2,784.70 99.88 113.68 138.00 78.53 7.27
2/21/2019 2,774.88 99.39 114.29 137.84 77.82 7.27
2/22/2019 2,792.67 99.55 115.25 139.25 78.42 7.38
2/25/2019 2,796.11 99.12 113.59 139.46 78.50 7.51
2/26/2019 2,793.90 98.69 113.50 139.72 78.66 7.65
2/27/2019 2,792.38 98.11 112.78 139.17 79.47 7.52
2/28/2019 2,784.49 98.99 112.84 138.13 79.03 7.73
3/1/2019 2,803.69 97.93 114.01 139.20 80.00 7.60
3/4/2019 2,792.81 97.85 114.33 138.43 80.31 7.55
3/5/2019 2,789.65 98.34 114.00 137.88 80.19 7.53
 3/6/2019 2,771.45 98.26 114.85 136.98 79.28 7.68
3/7/2019 2,748.93 97.45 114.01 135.36 80.16 7.57
3/8/2019 2,743.07 97.59 113.81 135.09 79.01 7.54
3/11/2019 2,783.30 98.48 114.75 137.71 79.78 7.53
3/12/2019 2,791.52 98.37 114.73 138.28 80.00 7.64
3/13/2019 2,810.92 99.03 114.09 138.56 80.71 7.55
3/14/2019 2,808.48 98.22 114.48 138.79 80.44 7.63
3/15/2019 2,822.48 98.42 114.96 139.43 80.15 7.66
3/18/2019 2,832.94 99.66 113.12 140.21 81.08 7.80
3/19/2019 2,832.57 99.85 110.00 140.49 80.87 7.88
3/20/2019 2,824.23 98.64 109.99 139.60 81.32 7.88
3/21/2019 2,854.88 99.06 108.66 141.44 81.79 7.81
3/22/2019 2,800.71 98.28 108.23 139.45 80.48 7.75
3/25/2019 2,798.36 98.17 107.79 139.18 79.92 7.65
3/26/2019 2,818.46 98.32 110.14 140.22 80.96 7.69
3/27/2019 2,805.37 97.21 110.28 139.24 80.34 7.66
3/28/2019 2,815.44 97.13 110.71 139.92 80.74 7.66
3/29/2019 2,834.40 97.53 111.03 141.10 80.80 7.79
4/1/2019 2,867.19 97.82 112.51 143.30 81.73 7.82
4/2/2019 2,867.24 96.94 111.96 143.00 81.38 7.78
4/3/2019 2,873.40 97.19 112.52 143.63 80.90 7.80
4/4/2019 2,879.39 98.11 114.75 142.78 82.05 7.90
4/5/2019 2,892.74 98.83 115.00 143.28 82.49 7.98
4/8/2019 2,895.77 99.23 114.96 143.39 83.00 8.16
4/9/2019 2,878.20 98.69 116.86 142.11 81.93 8.45
4/10/2019 2,888.21 99.60 117.16 143.02 81.56 8.42
4/11/2019 2,888.32 100.80 116.60 143.78 81.95 8.40
4/12/2019 2,907.41 101.56 130.06 144.35 80.92 8.34
4/15/2019 2,905.58 102.43 132.04 143.90 80.65 8.26
4/16/2019 2,907.06 102.93 129.90 145.14 81.20 8.22
4/17/2019 2,900.45 103.16 131.75 139.11 81.43 8.33
4/18/2019 2,905.03 103.18 132.45 140.33 81.13 8.24
4/22/2019 2,907.97 102.37 131.68 138.89 82.90 8.22
4/23/2019 2,933.68 103.07 133.36 140.44 83.38 8.24
4/24/2019 2,927.25 103.53 135.10 139.95 81.76 8.06
4/25/2019 2,926.17 103.52 137.24 138.63 82.22 8.02
4/26/2019 2,939.88 101.53 139.92 139.44 80.49 8.01
4/29/2019 2,943.03 101.56 139.30 139.05 79.97 8.01
4/30/2019 2,945.83 102.84 136.97 140.27 80.28 7.86
5/1/2019 2,923.73 101.36 136.38 140.56 78.67 7.87
5/2/2019 2,917.52 101.15 134.14 139.59 77.29 7.83
5/3/2019 2,945.64 102.08 134.33 140.25 77.47 7.85
5/6/2019 2,932.47 102.46 135.00 140.38 77.13 7.77
5/7/2019 2,884.05 101.30 133.44 137.64 76.72 7.72
5/8/2019 2,879.42 100.30 134.99 138.00 76.84 7.72
 5/9/2019 2,870.72 99.54 133.59 135.34 76.77 7.65
5/10/2019 2,881.40 101.91 134.04 135.32 76.56 7.59
5/13/2019 2,811.87 99.89 131.34 131.42 75.71 7.41
5/14/2019 2,834.41 100.29 133.20 133.31 75.81 7.33
5/15/2019 2,850.96 99.88 134.68 134.40 76.37 7.21
5/16/2019 2,876.32 101.31 135.50 135.88 76.36 7.10
5/17/2019 2,859.53 100.86 135.04 134.32 75.91 7.02
5/20/2019 2,840.23 101.52 133.91 135.12 75.90 7.01
5/21/2019 2,864.36 101.12 134.09 136.45 76.25 7.12
5/22/2019 2,856.27 102.23 133.85 136.35 75.56 7.17
5/23/2019 2,822.24 101.86 132.73 132.39 73.79 6.94
5/24/2019 2,826.06 102.67 132.79 132.28 74.10 7.12
5/28/2019 2,802.39 102.42 132.62 130.46 72.61 6.87
5/29/2019 2,783.02 102.12 131.57 129.69 72.16 6.98
5/30/2019 2,788.86 102.19 132.20 129.57 71.97 7.01
5/31/2019 2,752.06 101.44 132.04 126.99 70.77 6.93
6/3/2019 2,744.45 101.96 132.47 128.27 71.88 7.01
6/4/2019 2,803.27 102.56 134.82 132.69 73.59 7.04
6/5/2019 2,826.15 104.42 135.94 131.49 72.98 6.94
6/6/2019 2,843.49 105.11 137.21 132.22 74.31 6.96
6/7/2019 2,873.34 106.06 138.04 133.31 74.58 7.09
6/10/2019 2,886.73 107.52 137.07 134.74 74.91 7.20
6/11/2019 2,885.72 107.94 135.08 135.95 74.84 7.23
6/12/2019 2,879.84 108.82 135.72 134.87 74.03 7.25
6/13/2019 2,891.64 108.65 141.74 135.76 74.68 7.41
6/14/2019 2,886.98 109.07 141.65 135.15 74.35 7.42
6/17/2019 2,889.67 109.16 140.97 134.95 75.09 7.39
6/18/2019 2,917.75 109.65 139.24 136.38 75.74 7.59
6/19/2019 2,926.46 109.62 140.92 137.08 75.32 7.62
6/20/2019 2,954.18 110.32 142.02 138.85 76.61 7.78
6/21/2019 2,950.46 111.13 140.23 139.20 77.69 7.64
6/24/2019 2,945.35 111.24 139.22 139.35 76.95 7.83
6/25/2019 2,917.38 110.72 139.94 138.36 76.27 7.88
6/26/2019 2,913.78 110.16 140.40 138.52 76.60 7.84
6/27/2019 2,924.92 110.10 139.30 138.52 75.82 7.86
6/28/2019 2,941.76 110.49 139.64 137.90 76.63 7.97
7/1/2019 2,964.33 110.62 141.65 139.88 76.56 8.00
7/2/2019 2,973.01 111.60 142.53 140.22 75.72 7.87
7/3/2019 2,995.82 112.32 142.98 141.54 76.44 7.89
7/5/2019 2,990.41 111.98 142.45 141.38 76.13 8.23
7/8/2019 2,975.95 112.72 141.02 140.57 76.48 8.03
7/9/2019 2,979.63 112.88 141.61 139.33 76.43 8.13
7/10/2019 2,993.07 112.98 143.54 140.47 77.51 8.13
7/11/2019 2,999.91 113.92 143.56 141.24 77.57 8.09
7/12/2019 3,013.77 114.60 144.88 142.74 77.63 8.00
7/15/2019 3,014.30 114.98 145.06 143.32 77.08 8.10
7/16/2019 3,004.04 114.76 144.30 143.53 75.93 8.16
7/17/2019 2,984.42 114.60 142.57 143.07 75.48 8.21
7/18/2019 2,995.11 114.72 141.63 149.63 74.84 8.09
7/19/2019 2,976.61 113.90 139.85 149.68 74.99 8.11
7/22/2019 2,985.03 112.82 140.84 149.74 75.07 8.14
7/23/2019 3,005.47 112.09 141.26 150.38 75.37 8.14
7/24/2019 3,019.56 112.00 141.29 150.03 75.36 8.12
7/25/2019 3,003.67 112.22 143.21 150.39 74.93 7.88
7/26/2019 3,025.86 113.02 144.65 151.36 74.81 7.92
7/29/2019 3,020.97 112.27 146.39 150.88 75.34 7.86
7/30/2019 3,013.18 112.06 144.93 149.77 75.35 7.54
7/31/2019 2,980.38 110.38 143.01 148.24 74.36 7.51
8/1/2019 2,953.56 109.38 141.85 150.32 72.46 7.45
8/2/2019 2,932.05 109.40 141.71 147.25 71.75 7.39
8/5/2019 2,844.74 105.82 138.30 140.76 70.28 7.07
8/6/2019 2,881.77 107.27 141.87 140.73 70.96 7.18
8/7/2019 2,883.98 108.20 134.86 139.11 70.50 7.32
8/8/2019 2,938.09 108.52 137.89 140.10 72.38 7.36
8/9/2019 2,918.65 107.28 138.52 136.13 70.84 7.35
8/12/2019 2,882.70 105.22 135.75 134.12 69.63 7.24
8/13/2019 2,926.32 107.41 137.01 135.79 70.49 7.40
8/14/2019 2,840.60 106.20 132.85 131.25 67.65 7.08
8/15/2019 2,847.60 112.69 133.41 131.92 67.25 7.14
8/16/2019 2,888.68 112.99 135.20 133.76 68.30 7.22
8/19/2019 2,923.65 113.81 135.29 135.04 69.45 7.17
8/20/2019 2,900.51 112.05 135.13 133.00 69.03 7.30
8/21/2019 2,924.43 112.02 135.76 134.25 69.72 7.47
8/22/2019 2,922.95 111.91 136.08 134.32 69.57 7.32
8/23/2019 2,847.11 110.83 131.67 129.57 67.49 7.15
8/26/2019 2,878.38 111.99 134.61 129.99 67.85 7.19
8/27/2019 2,869.16 112.42 134.49 131.17 67.19 7.00
8/28/2019 2,887.94 112.72 136.55 132.76 67.68 7.10
8/29/2019 2,924.58 114.08 137.84 134.88 68.43 7.31
8/30/2019 2,926.46 114.26 137.26 135.53 68.48 7.33
9/3/2019 2,906.27 114.64 136.31 134.10 68.56 7.35
9/4/2019 2,937.78 115.91 137.89 136.32 69.29 7.41
9/5/2019 2,976.00 115.44 138.84 140.97 70.27 7.46
9/6/2019 2,978.71 114.73 139.55 140.57 70.93 7.47
9/9/2019 2,978.43 116.33 138.83 142.60 71.49 7.45
9/10/2019 2,979.39 116.05 135.79 145.05 72.07 7.40
9/11/2019 3,000.93 116.02 136.19 143.60 71.93 7.56
9/12/2019 3,009.57 116.92 137.50 143.62 71.98 7.67
9/13/2019 3,007.39 117.43 138.02 143.67 72.64 7.63
9/16/2019 2,997.96 115.57 135.80 142.48 73.73 7.71
 9/17/2019 3,005.70 116.51 136.31 142.20 73.17 7.56
9/18/2019 3,006.73 117.16 136.80 142.22 72.82 7.64
9/19/2019 3,006.79 117.11 133.30 142.97 72.33 7.65
9/20/2019 2,992.07 116.98 132.27 141.88 72.08 7.55
9/23/2019 2,991.78 117.62 132.46 142.07 72.13 7.57
9/24/2019 2,966.60 118.40 131.97 141.68 71.14 7.58
9/25/2019 2,984.87 118.47 133.09 143.16 71.35 7.54
9/26/2019 2,977.62 118.30 131.27 143.55 70.97 7.51
9/27/2019 2,961.79 118.45 129.96 143.24 71.48 7.42
9/30/2019 2,976.74 118.68 130.32 145.42 70.61 7.46
10/1/2019 2,940.25 117.85 129.55 143.66 68.95 7.40
10/2/2019 2,887.61 116.12 129.14 141.69 67.15 7.38
10/3/2019 2,910.63 116.31 128.15 142.02 67.98 7.47
10/4/2019 2,952.01 118.16 130.27 142.99 68.97 7.61
10/7/2019 2,938.79 117.23 130.90 141.28 68.02 7.55
10/8/2019 2,893.06 117.58 128.47 138.38 66.70 7.39
10/9/2019 2,919.40 118.93 129.33 139.67 67.44 7.52
10/10/2019 2,938.13 119.61 129.34 141.13 68.25 7.44
10/11/2019 2,970.27 120.24 130.02 142.76 68.98 7.49
10/14/2019 2,966.15 119.17 129.70 142.04 69.18 7.43
10/15/2019 2,995.68 119.53 129.76 143.00 69.42 7.36
10/16/2019 2,989.69 119.42 130.86 142.11 68.23 7.40
10/17/2019 2,997.95 119.84 132.37 134.26 68.14 7.45
10/18/2019 2,986.20 119.14 130.89 134.09 67.61 7.50
10/21/2019 3,006.72 119.74 130.26 132.58 68.74 7.48
10/22/2019 2,995.99 119.58 132.40 133.96 69.09 7.73
10/23/2019 3,004.52 119.35 131.13 134.38 69.75 7.67
10/24/2019 3,010.29 119.10 130.26 134.07 69.09 7.82
10/25/2019 3,022.55 119.04 130.90 135.44 69.25 7.92
10/28/2019 3,039.42 119.22 130.53 135.97 68.64 7.99
10/29/2019 3,036.89 117.15 129.48 133.82 68.44 8.18
10/30/2019 3,046.77 118.10 129.60 135.25 67.72 8.15
10/31/2019 3,037.56 117.26 129.92 133.73 67.57 8.15
11/1/2019 3,066.91 117.62 132.75 135.53 69.60 8.35
11/4/2019 3,078.27 117.57 132.92 137.67 71.67 8.34
11/5/2019 3,074.62 118.86 131.45 137.89 73.09 8.47
11/6/2019 3,076.78 119.50 131.27 138.78 71.49 8.36
11/7/2019 3,085.18 120.23 132.96 137.69 73.01 8.39
11/8/2019 3,093.08 119.44 137.96 137.61 70.77 8.38
11/11/2019 3,087.01 119.04 136.74 135.47 70.34 8.44
11/12/2019 3,091.84 119.12 138.58 135.59 69.37 8.36
11/13/2019 3,094.04 120.98 148.72 134.48 68.80 8.06
11/14/2019 3,096.63 120.65 147.15 134.00 68.50 8.02
11/15/2019 3,120.46 118.87 144.67 134.40 69.19 8.20
11/18/2019 3,122.03 120.25 147.65 134.31 68.52 8.29
11/19/2019 3,120.18 119.89 148.38 134.52 67.82 8.21
11/20/2019 3,108.46 119.13 146.93 133.20 68.03 8.11
11/21/2019 3,103.54 119.86 146.90 133.84 69.67 7.96
11/22/2019 3,110.29 119.36 148.29 134.34 69.37 8.02
11/25/2019 3,133.64 118.92 149.69 135.97 68.91 7.96
11/26/2019 3,140.52 119.19 151.64 135.09 68.74 7.76
11/27/2019 3,153.63 118.76 151.48 133.77 68.70 7.80
11/29/2019 3,140.98 119.09 151.58 134.45 68.13 7.98
12/2/2019 3,113.87 119.28 150.62 132.91 68.42 7.98
12/3/2019 3,093.20 118.67 148.58 132.12 67.88 8.10
12/4/2019 3,112.76 118.69 148.28 131.99 68.65 8.05
12/5/2019 3,117.43 118.66 147.44 131.91 68.41 8.10
12/6/2019 3,145.91 119.78 147.66 133.22 69.51 8.25
12/9/2019 3,135.96 119.36 146.21 133.92 69.66 8.24
12/10/2019 3,132.52 119.14 146.10 133.91 69.06 8.25
12/11/2019 3,141.63 119.00 147.59 133.76 68.96 8.31
12/12/2019 3,168.57 119.76 147.76 135.32 70.34 8.38
12/13/2019 3,168.80 120.29 146.38 134.21 69.23 8.38
12/16/2019 3,191.45 120.54 148.46 134.13 70.00 8.39
12/17/2019 3,192.52 121.28 147.73 134.22 69.68 8.42
12/18/2019 3,191.14 119.86 146.26 134.41 69.87 8.50
12/19/2019 3,205.37 120.08 146.15 134.56 69.39 8.60
12/20/2019 3,221.22 120.29 146.88 135.59 69.94 8.60
12/23/2019 3,224.01 119.03 144.68 135.55 70.29 8.76
12/24/2019 3,223.38 119.51 145.29 134.98 70.02 8.71
12/26/2019 3,239.91 119.52 145.70 134.91 70.13 8.77
12/27/2019 3,240.02 119.59 145.75 135.27 69.89 8.72
12/30/2019 3,221.29 119.40 143.77 132.81 69.48 8.65
12/31/2019 3,230.78 118.84 144.63 134.04 69.78 8.72
1/2/2020 3,257.85 118.94 148.20 135.42 70.90 8.80
1/3/2020 3,234.85 117.89 146.50 134.34 70.33 8.81
1/6/2020 3,246.28 117.65 145.65 134.10 70.87 8.84
1/7/2020 3,237.18 116.56 145.70 134.19 70.29 8.76
1/8/2020 3,253.05 116.16 145.40 135.31 69.23 8.86
1/9/2020 3,274.70 117.36 144.83 136.74 69.76 8.85
1/10/2020 3,265.35 116.38 144.62 136.69 69.14 8.84
1/13/2020 3,288.13 115.88 143.88 136.60 69.80 8.85
1/14/2020 3,283.15 116.18 145.20 135.82 69.20 8.88
1/15/2020 3,289.29 115.28 144.32 136.62 69.09 8.78
1/16/2020 3,316.81 115.90 145.12 137.98 68.82 8.68
1/17/2020 3,329.62 114.96 144.33 138.31 68.56 8.68
1/21/2020 3,320.79 115.59 143.56 139.17 67.58 8.60
1/22/2020 3,321.75 116.10 144.01 143.89 67.19 8.73
1/23/2020 3,325.54 115.81 142.20 142.87 66.77 8.67
1/24/2020 3,295.47 114.37 140.08 140.56 66.32 8.55
1/27/2020 3,243.63 115.86 135.90 138.62 64.74 8.32
1/28/2020 3,276.24 116.60 138.37 139.55 64.65 8.45
1/29/2020 3,273.40 115.89 136.06 137.69 64.11 8.45
1/30/2020 3,283.66 116.58 137.81 136.77 64.79 8.47
1/31/2020 3,225.52 114.49 138.31 143.73 62.12 8.45
2/3/2020 3,248.92 114.27 141.32 146.27 60.73 8.47
2/4/2020 3,297.59 115.27 144.73 149.11 59.97 8.61
2/5/2020 3,334.69 116.81 141.37 156.33 62.73 8.68
2/6/2020 3,345.78 116.31 142.70 156.76 61.88 8.66
2/7/2020 3,327.71 116.45 141.02 153.41 61.47 8.55
2/10/2020 3,352.09 115.25 142.59 154.43 59.96 8.49
2/11/2020 3,357.75 115.40 141.01 153.48 60.53 8.55
2/12/2020 3,379.45 115.85 141.85 155.31 61.27 8.63
2/13/2020 3,373.94 117.44 140.90 154.31 60.93 8.69
2/14/2020 3,380.16 117.89 139.54 150.70 60.65 8.68
2/18/2020 3,370.29 119.63 139.14 151.10 59.88 8.75
2/19/2020 3,386.15 117.68 141.30 150.86 60.34 8.82
2/20/2020 3,373.23 117.69 140.37 151.22 59.86 8.73
2/21/2020 3,337.75 118.58 138.97 149.84 59.13 8.70
2/24/2020 3,225.89 116.32 133.01 146.43 56.36 8.62
2/25/2020 3,128.21 114.39 128.19 141.71 54.20 8.61
2/26/2020 3,116.39 113.78 123.36 139.75 53.01 8.44
2/27/2020 2,978.76 110.40 118.04 133.11 49.82 8.22
2/28/2020 2,954.22 107.68 117.65 130.15 51.44 8.13
3/2/2020 3,090.23 115.88 119.98 134.30 53.88 8.18
3/3/2020 3,003.37 112.91 116.45 128.90 51.30 8.08
3/4/2020 3,130.12 116.77 119.18 134.22 52.42 8.14
3/5/2020 3,023.94 115.92 113.98 129.55 50.11 8.01
3/6/2020 2,972.37 117.23 115.27 127.73 47.69 7.70
3/9/2020 2,746.56 117.16 104.35 117.81 41.86 6.79
3/10/2020 2,882.23 119.79 111.46 124.77 43.41 6.80
3/11/2020 2,741.38 114.43 105.51 117.97 41.98 6.24
3/12/2020 2,480.64 104.05 91.81 102.81 37.18 5.23
3/13/2020 2,711.02 114.10 102.52 107.95 38.12 5.95
3/16/2020 2,386.13 106.76 95.01 99.08 34.49 4.69
3/17/2020 2,529.19 119.26 93.53 106.65 36.81 4.55
3/18/2020 2,398.10 122.58 88.80 103.55 33.12 3.71
3/19/2020 2,409.39 119.45 94.93 100.34 34.43 3.75
3/20/2020 2,304.92 113.97 85.98 95.39 32.74 3.59
3/23/2020 2,237.40 114.28 85.76 94.77 31.45 3.34
3/24/2020 2,447.33 115.03 98.12 105.48 35.44 3.48
3/25/2020 2,475.56 109.40 100.73 105.85 37.29 4.08
3/26/2020 2,630.07 109.82 105.36 112.89 38.82 4.72
3/27/2020 2,541.47 109.58 96.40 108.03 36.95 4.48
3/30/2020 2,626.65 115.19 99.80 112.93 37.50 4.35
vr´2= beta p´2*var indice + (part´2*riesgo anual)
 Banco
Santander de US Oil Gas S&P 500 Walmart Disney
Brasil
12.16 9.85 391.70
12.39 9.95 379.40 -2.51% -0.52% -2.45%
12.8 10.18 418.60 3.38% 0.62% 3.04%
12.75 10.29 384.80 0.70% 1.17% 0.86%
12.55 10.50 400.80 0.96% 0.70% 0.77%
12.74 11.05 407.40 0.41% -0.33% 1.12%
12.78 11.10 401.00 0.45% 0.07% 0.12%
12.77 10.90 459.90 -0.01% -0.13% -0.13%
13.02 10.69 607.70 -0.53% 0.12% -0.20%
12.6 11.00 574.00 1.07% 1.36% -0.59%
12.55 11.06 546.50 0.22% 0.10% -0.76%
12.62 11.03 549.40 0.76% 0.40% 0.09%
12.87 11.31 555.60 1.31% 1.02% 0.03%
12.63 11.12 446.80 -1.43% -0.25% -0.40%
13.25 11.05 430.40 0.22% 1.24% 0.47%
13.14 11.17 460.90 0.14% -0.36% -0.51%
13.2 11.25 482.10 0.85% -1.45% 0.49%
13.17 10.95 394.80 -0.79% 0.12% -0.25%
13.2 11.16 399.60 -0.15% -0.36% 0.08%
13.05 11.40 385.70 1.54% -1.99% -0.70%
13.3 11.35 373.20 0.86% 1.08% 1.25%
13.3 11.63 335.80 0.09% -2.08% -0.20%
13.7 11.50 308.30 0.68% 0.96% 0.45%
13.56 11.29 316.30 0.47% 0.87% 0.77%
12.88 11.32 311.90 -0.22% 0.04% -1.12%
12.87 11.07 274.80 -0.94% 1.13% -0.41%
13.1 11.08 286.80 0.07% -1.20% 0.50%
12.87 11.01 299.60 0.07% 0.65% -1.87%
13.18 11.16 305.60 1.28% 0.80% -0.22%
12.78 11.34 286.20 0.30% 1.00% 0.91%
13.17 11.48 278.50 -0.27% 0.59% 0.42%
13.26 11.71 292.30 1.08% 1.48% 1.73%
13.28 11.78 303.90 0.15% 2.19% 0.81%
12.99 11.93 299.40 0.18% -2.30% 0.15%
12.92 11.88 315.70 -0.35% -0.49% 0.54%
12.93 11.95 315.50 0.64% 0.16% 0.84%
12.7 11.57 345.20 0.12% -0.43% -1.45%
12.65 11.63 331.90 -0.08% -0.43% -0.08%
12.49 11.89 343.60 -0.05% -0.59% -0.64%
11.98 11.95 343.20 -0.28% 0.89% 0.05%
11.75 11.66 358.20 0.69% -1.08% 1.03%
11.78 11.80 360.80 -0.39% -0.08% 0.28%
11.79 11.82 373.40 -0.11% 0.50% -0.29%
11.39 11.75 358.20 -0.65% -0.08% 0.74%
11.37 11.81 364.70 -0.82% -0.83% -0.73%
11.5 11.73 363.50 -0.21% 0.14% -0.18%
11.94 11.86 332.50 1.46% 0.91% 0.82%
11.97 11.89 338.50 0.29% -0.11% -0.02%
12.36 12.19 348.60 0.69% 0.67% -0.56%
12.13 12.22 355.20 -0.09% -0.82% 0.34%
12.09 12.20 336.10 0.50% 0.20% 0.42%
12.33 12.31 353.50 0.37% 1.25% -1.61%
12.2 12.28 357.80 -0.01% 0.19% -2.80%
12.08 12.50 349.10 -0.29% -1.22% -0.01%
11.71 12.44 344.60 1.08% 0.42% -1.22%
11.07 12.23 325.80 -1.92% -0.79% -0.40%
11.3 12.25 324.90 -0.08% -0.11% -0.41%
11.42 12.47 317.00 0.72% 0.15% 2.16%
10.58 12.34 308.60 -0.47% -1.14% 0.13%
11.08 12.35 307.20 0.36% -0.08% 0.39%
11.23 12.50 289.80 0.67% 0.41% 0.29%
11.52 12.82 300.30 1.15% 0.30% 1.32%
11.45 13.01 296.30 0.00% -0.90% -0.49%
11.3 12.99 290.30 0.21% 0.26% 0.50%
11.62 12.92 280.60 0.21% 0.94% 1.96%
11.83 13.15 289.30 0.46% 0.73% 0.22%
11.79 13.40 302.10 0.10% 0.40% -0.03%
11.64 13.33 301.40 -0.61% -0.55% 1.64%
11.76 13.41 298.50 0.35% 0.92% 0.26%
11.52 13.27 290.20 0.00% 1.20% -0.48%
11.45 13.30 284.60 0.66% 0.75% 10.92%
11.5 13.24 264.80 -0.06% 0.85% 1.51%
11.66 13.37 259.50 0.05% 0.49% -1.63%
11.19 13.28 240.40 -0.23% 0.22% 1.41%
11.45 13.32 235.00 0.16% 0.02% 0.53%
11.57 13.67 242.20 0.10% -0.79% -0.58%
11.71 13.79 225.30 0.88% 0.68% 1.27%
11.38 13.68 225.30 -0.22% 0.45% 1.30%
11.47 13.53 235.70 -0.04% -0.01% 1.57%
11.61 13.09 248.50 0.47% -1.94% 1.93%
11.6 13.23 251.20 0.11% 0.03% -0.44%
11.45 13.29 246.00 0.10% 1.25% -1.69%
11.33 13.22 256.50 -0.75% -1.45% -0.43%
11.37 12.82 248.30 -0.21% -0.21% -1.66%
11.46 12.87 241.30 0.96% 0.92% 0.14%
11.12 13.07 232.30 -0.45% 0.37% 0.50%
10.98 12.73 235.40 -1.66% -1.14% -1.16%
11.33 12.89 253.30 -0.16% -0.99% 1.15%
11.09 12.81 248.50 -0.30% -0.76% -1.04%
11.05 12.84 257.60 0.37% 2.35% 0.34%
10.58 12.68 256.60 -2.44% -2.00% -2.03%
10.92 12.87 264.70 0.80% 0.40% 1.41%
10.72 12.97 251.60 0.58% -0.41% 1.10%
10.4 13.14 261.10 0.89% 1.42% 0.61%
10.11 13.08 257.60 -0.59% -0.45% -0.34%
10.39 13.15 268.20 -0.68% 0.65% -0.84%
10.91 13.13 253.90 0.85% -0.39% 0.13%
10.79 12.74 230.90 -0.28% 1.09% -0.18%
10.56 12.09 237.00 -1.20% -0.36% -0.84%
10.66 12.23 241.30 0.14% 0.79% 0.05%
11 12.23 235.10 -0.84% -0.24% -0.13%
11.28 12.24 245.20 -0.69% -0.29% -0.79%
11.49 11.76 227.80 0.21% 0.07% 0.48%
11.52 11.10 201.20 -1.33% -0.74% -0.12%
11.53 10.99 187.80 -0.28% 0.51% 0.33%
11.7 11.16 192.10 2.12% 0.59% 1.76%
11.36 10.77 181.30 0.81% 1.80% 0.83%
11.49 11.06 172.10 0.61% 0.66% 0.93%
11.55 11.23 173.00 1.04% 0.90% 0.60%
11.39 11.11 177.20 0.46% 1.37% -0.71%
11.54 11.11 185.50 -0.03% 0.39% -1.46%
11.35 10.64 180.90 -0.20% 0.81% 0.47%
11.33 10.88 170.20 0.41% -0.16% 4.34%
11.07 10.94 182.80 -0.16% 0.39% -0.06%
11.06 10.81 178.70 0.09% 0.08% -0.48%
11.45 11.25 166.60 0.97% 0.45% -1.23%
11.58 11.33 157.30 0.30% -0.03% 1.20%
11.88 11.85 140.00 0.94% 0.64% 0.78%
11.8 11.97 137.30 -0.13% 0.73% -1.27%
12.02 12.01 157.50 -0.17% 0.10% -0.72%
11.69 12.00 154.10 -0.95% -0.47% 0.52%
11.78 12.29 155.30 -0.12% -0.51% 0.33%
11.83 12.29 165.30 0.38% -0.05% -0.79%
11.87 12.04 164.00 0.57% 0.35% 0.24%
11.92 12.28 153.10 0.76% 0.12% 1.43%
11.9 11.70 148.10 0.29% 0.88% 0.62%
12.06 11.77 156.80 0.76% 0.64% 0.32%
12.46 11.95 182.30 -0.18% -0.30% -0.37%
12.2 11.93 181.90 -0.48% 0.66% -1.01%
12.24 12.04 185.10 0.12% 0.14% 0.42%
12.39 12.53 191.40 0.45% 0.09% 1.35%
12.35 12.55 181.30 0.23% 0.83% 0.01%
12.37 12.52 192.10 0.46% 0.60% 0.92%
12.22 12.30 179.90 0.02% 0.33% 0.12%
12.31 12.07 160.70 -0.34% -0.19% -0.53%
12.41 11.75 158.30 -0.66% -0.14% -1.21%
12.8 11.56 154.00 0.36% 0.10% -0.66%
12.42 11.67 147.20 -0.62% -0.72% -1.26%
12.42 11.68 158.30 0.28% -0.95% 0.71%
12.31 11.81 153.90 0.68% -0.65% 0.30%
12.14 11.59 141.70 0.47% -0.08% 0.02%
11.86 11.60 143.50 -0.53% 0.20% 1.35%
11.98 11.65 132.10 0.74% 0.71% 1.00%
11.91 11.82 124.10 -0.16% -0.67% 1.20%
11.56 12.08 127.40 -0.26% -0.19% -1.00%
11.28 12.04 146.10 -1.09% -1.51% -1.33%
11.04 11.31 132.10 -0.90% -0.91% -0.81%
10.89 11.48 126.40 -0.73% 0.02% -0.10%
10.47 11.37 116.40 -3.02% -3.33% -2.44%
10.66 11.14 120.10 1.29% 1.36% 2.55%
10.86 10.84 116.80 0.08% 0.86% -5.07%
11.29 10.96 122.80 1.86% 0.30% 2.22%
11.12 11.28 122.10 -0.66% -1.15% 0.46%
10.87 11.36 120.60 -1.24% -1.94% -2.02%
10.98 11.87 127.50 1.50% 2.06% 0.92%
10.39 11.44 127.80 -2.97% -1.13% -3.08%
10.57 11.35 138.50 0.25% 5.93% 0.42%
10.61 11.40 134.10 1.43% 0.27% 1.33%
10.35 11.66 134.60 1.20% 0.72% 0.07%
10.32 11.63 136.90 -0.79% -1.56% -0.12%
10.41 11.61 129.60 0.82% -0.03% 0.47%
10.26 11.53 126.00 -0.05% -0.10% 0.24%
9.86 11.19 126.10 -2.63% -0.97% -3.29%
9.83 11.18 138.10 1.09% 1.04% 2.21%
9.78 11.42 132.40 -0.32% 0.38% -0.09%
9.88 11.64 139.00 0.65% 0.27% 1.52%
10.14 11.78 149.00 1.26% 1.20% 0.94%
10.25 11.46 147.10 0.06% 0.16% -0.42%
9.87 11.22 159.40 -0.69% 0.33% -0.69%
10.13 11.71 178.70 1.08% 1.10% 1.15%
10.48 11.70 178.70 1.29% -0.41% 0.69%
10.75 11.77 189.60 0.09% -0.62% 0.51%
10.98 12.08 214.20 -0.01% 1.38% -0.52%
10.88 11.98 211.70 0.03% -0.24% -2.21%
10.89 11.68 202.80 0.72% -0.03% 0.29%
10.91 11.47 207.80 0.29% 0.77% 0.96%
11.01 11.44 221.00 -0.07% 0.44% 0.38%
10.79 12.83 236.80 -0.31% -1.60% -1.62%
 10.9 12.29 228.50 0.26% 0.81% 0.37%
10.86 12.10 219.80 0.03% 0.56% 0.36%
10.66 12.19 200.00 0.00% -0.04% -2.59%
10.59 12.20 195.50 -0.49% -0.11% -0.78%
10.42 12.21 195.20 -0.01% 0.55% 0.14%
10.57 11.90 187.10 -0.85% 0.66% -0.37%
10.67 11.80 186.00 0.61% 0.06% 0.85%
10.77 11.80 170.50 -0.24% -0.14% -1.38%
11.07 11.66 160.60 -0.53% 0.13% -1.00%
10.89 11.34 145.90 0.50% 0.19% 0.28%
10.8 11.19 139.80 -1.23% -0.70% -0.59%
10.56 10.98 133.60 -1.81% -1.48% -0.32%
10.75 10.93 147.30 0.79% 0.16% -0.77%
10.97 11.04 149.60 1.41% 1.58% 1.64%
10.57 11.04 141.00 -0.45% -0.79% 0.48%
10.61 10.89 138.20 -1.57% 0.30% -1.87%
10.86 10.99 128.80 0.91% 1.14% 0.67%
11.02 11.19 123.80 0.64% 0.57% 0.01%
11.2 11.42 131.10 1.09% 0.53% 0.52%
11.26 11.18 137.20 -0.14% -0.89% -0.25%
11 11.06 142.60 0.99% 0.30% 0.05%
11.21 11.14 134.60 -0.20% -0.09% 0.84%
11.08 11.28 140.10 0.28% 0.35% 1.15%
11.11 11.22 144.30 -0.39% -0.59% -1.12%
11.09 11.21 129.70 0.68% 0.50% -0.48%
11.69 11.34 129.00 -0.36% -0.13% 1.63%
12.01 11.65 126.00 0.28% -0.19% -0.96%
12.06 11.73 131.80 0.19% -0.21% -0.67%
12.25 11.83 130.90 0.41% -0.05% 0.49%
12.35 11.65 146.90 0.56% 0.15% -0.28%
12.22 11.58 157.30 -0.08% -1.75% -0.81%
12.03 11.47 169.00 0.32% 0.81% 0.09%
11.74 11.30 158.00 -0.30% -0.71% 0.25%
11.77 11.69 170.40 0.96% 0.31% 2.15%
11.74 11.81 193.10 0.37% -0.04% 0.13%
11.95 11.93 203.70 -0.12% 1.09% -1.11%
11.6 11.81 194.00 0.07% 0.54% -0.14%
11.57 11.88 186.60 0.27% 0.61% 1.28%
11.13 11.99 185.90 0.26% -0.66% 3.69%
11.25 11.89 156.50 -0.20% -0.34% -0.89%
10.97 11.87 154.10 0.16% 0.07% 1.34%
10.76 11.96 160.50 0.07% 1.55% 7.06%
10.87 11.91 154.40 0.08% -0.27% -1.06%
11 12.08 158.40 0.77% -1.49% -1.70%
10.81 11.90 137.40 0.05% 1.15% 2.04%
10.75 11.57 130.40 -0.06% -0.30% 0.49%
10.67 11.90 136.20 -0.38% -0.64% -0.98%
10.88 12.20 139.10 -0.16% 0.61% -0.02%
10.97 12.11 150.50 0.22% -0.42% 0.94%
10.84 12.11 130.30 0.75% -0.37% 0.94%
10.56 12.19 122.50 0.22% 0.23% 1.29%
10.42 12.14 118.00 0.42% -0.36% -0.11%
10.39 11.62 92.70 -0.40% 0.28% 0.07%
10.5 11.67 93.50 -0.87% 0.16% -0.64%
10.57 11.76 105.60 -0.67% -0.51% -1.36%
10.71 12.19 101.80 0.63% 0.02% -0.20%
10.78 12.19 102.40 0.15% -0.03% -0.57%
10.74 12.32 93.60 0.91% 0.94% 0.15%
10.71 12.33 82.20 -0.32% -0.35% -0.99%
10.69 12.39 83.50 -0.11% -0.18% -0.08%
10.73 12.30 80.90 0.29% -0.12% 1.01%
10.86 12.37 89.80 0.85% 0.64% 0.12%
10.8 12.49 85.70 0.01% 0.44% -0.94%
11.04 12.59 90.80 0.71% 0.21% 1.41%
11.03 12.72 87.70 0.03% 0.61% -0.49%
11.36 12.74 83.30 -0.04% -1.18% -1.00%
11.49 12.78 84.40 0.44% 0.18% -0.08%
11.48 12.63 88.00 0.49% 0.17% 0.50%
11.56 12.70 77.91 0.09% -1.05% -1.51%
11.55 12.77 75.80 -0.02% 0.40% 0.42%
11.85 12.89 82.06 0.51% 0.01% 0.28%
11.89 12.91 79.60 0.00% 0.06% 0.03%
12.21 12.89 73.82 -0.58% -0.16% -1.37%
12.13 12.81 72.93 0.29% -0.47% 0.60%
12.64 12.81 67.91 0.83% 0.08% 2.44%
12.59 13.18 67.05 -0.71% -0.89% -1.15%
11.64 13.16 69.75 0.35% -0.20% -0.58%
11.57 13.13 70.09 -0.28% -0.93% 0.03%
11.5 12.66 69.72 0.49% -0.34% -0.21%
11.29 12.49 70.47 0.66% 1.03% -0.39%
11.13 12.41 74.09 -0.29% -0.84% -0.15%
11.17 12.20 72.97 0.70% -0.43% -0.51%
11.13 12.28 71.68 -0.15% 0.26% 0.91%
10.71 12.18 65.82 0.19% -0.78% -0.61%
10.78 12.29 61.84 0.83% 0.54% 0.55%
11.08 12.33 56.06 0.39% -0.81% -0.55%
10.35 12.24 48.95 -0.27% 0.55% -0.53%
10.4 11.90 49.70 0.03% 0.44% 0.31%
10.63 11.66 50.05 0.11% -0.25% -1.26%
10.5 11.43 46.64 -0.91% -1.25% -1.50%
10.32 11.10 46.88 -1.59% 1.29% -3.03%
10.33 11.25 49.35 1.00% 0.64% 1.80%
10.07 11.16 46.85 -0.09% -0.61% -1.68%
10.09 11.08 43.65 0.31% 0.59% 1.28%
9.7 10.84 44.15 -1.79% -1.81% 0.36%
9.85 10.49 42.62 0.72% -0.19% 2.15%
9.86 10.44 46.66 1.49% 0.87% 2.38%
9.93 10.70 46.20 1.12% 1.33% -2.35%
9.69 10.74 45.71 0.33% -0.43% 0.94%
9.69 10.58 44.81 -0.54% 0.12% -1.18%
9.87 10.42 38.86 0.73% -1.04% 1.11%
9.8 10.50 40.20 0.17% 0.13% -1.11%
9.76 10.81 43.69 0.64% 0.39% 0.59%
9.57 10.84 42.36 -0.16% 1.36% -0.67%
9.49 10.95 42.41 0.18% 0.38% -0.97%
9.29 10.95 48.87 -0.29% 1.47% -0.29%
9.41 11.18 50.40 0.47% -1.64% 1.54%
9.38 11.28 46.60 -0.38% 0.01% -0.66%
9.29 11.16 45.80 -1.06% 0.75% -1.00%
8.72 10.74 41.58 -3.41% -1.92% -4.38%
8.62 10.40 41.00 -3.07% -1.67% -3.69%
8.57 10.19 39.44 -0.38% -0.53% -3.84%
8.5 9.78 34.09 -4.52% -3.02% -4.41%
8.71 9.45 31.20 -0.83% -2.49% -0.33%
8.77 9.92 34.56 4.50% 7.34% 1.96%
8.55 9.89 37.22 -2.85% -2.60% -2.99%
8.38 9.86 39.39 4.13% 3.36% 2.32%
8.14 9.61 34.97 -3.45% -0.73% -4.46%
7.87 8.73 32.32 -1.72% 1.12% 1.13%
6.8 6.52 38.10 -7.90% -0.06% -9.95%
7.25 7.24 44.57 4.82% 2.22% 6.59%
6.52 6.94 40.90 -5.01% -4.58% -5.49%
5.55 6.54 38.08 -9.99% -9.51% -13.91%
6.33 6.96 41.54 8.88% 9.22% 11.03%
5.22 6.05 35.64 -12.77% -6.65% -7.61%
5.5 5.71 31.21 5.82% 11.07% -1.57%
4.8 4.71 26.55 -5.32% 2.75% -5.19%
5 5.37 28.63 0.47% -2.59% 6.68%
4.99 4.94 25.13 -4.43% -4.70% -9.90%
4.67 4.88 25.76 -2.97% 0.27% -0.26%
5.47 4.98 28.98 8.97% 0.65% 13.46%
5.87 5.08 28.14 1.15% -5.02% 2.63%
5.98 4.83 26.61 6.05% 0.38% 4.49%
5.36 4.47 25.86 -3.43% -0.22% -8.89%
5.41 4.23 26.76 3.30% 4.99% 3.47%
 Rentabilidad Diaria 0.01% 0.07% -0.03%
Rentabilidad Anual 3.74% 18.51% -6.85%

Riesgo Diario 1.76% 1.59% 2.32%

Riesgo Anual 27.94% 25.17% 36.84%

Rentab. Anual ParticipaciBeta activos Parcipacion Beta PortafolioVar Indice

S&P 500 0.64 0
Walmart 18.51% 85.62% 0.57 73.31%
Disney -6.85% 4.95% 1.00 0.24%
IBM -1.60% 5.79% 0.97 0.34%
Exxon -39.41% 0.00% 1.02 0.00%

Grupo Aval 3.37% 1.24 0.11%

-23.61%
Banco
Santander de 0.27% 1.33 0.00%
Brasil -48.06%
US Oil -49.52% 0.00% 0.98 0.00%
Gas -88.66% 0.00% 0.91 0.00%
100.00%

Rentabilidad de Portafolio Restriccion con un riesgo de portafolio fijo

14.49% 18.00%

Riesgo del Portafolio

18.00%
t´2*riesgo anual)
 Banco
IBM Exxon Grupo Aval Santander US Oil Gas
de Brasil

-2.02% -1.55% 0.66% 1.87% 1.01% -3.19%

3.83% 3.62% 5.42% 3.26% 2.29% 9.83%
0.70% 0.52% 0.15% -0.39% 1.07% -8.42%
1.41% 0.72% 0.46% -1.58% 2.02% 4.07%
0.72% 0.53% 1.53% 1.50% 5.11% 1.63%
0.91% -0.51% 3.28% 0.31% 0.45% -1.58%
-0.27% -0.46% 0.44% -0.08% -1.82% 13.70%
-0.88% -0.13% 0.29% 1.94% -1.95% 27.87%
1.11% 0.06% -0.73% -3.28% 2.86% -5.71%
-0.09% -0.04% 0.73% -0.40% 0.54% -4.91%
0.47% 0.68% -1.17% 0.56% -0.27% 0.53%
1.33% 1.19% -0.59% 1.96% 2.51% 1.12%
-1.06% -1.52% -2.25% -1.88% -1.69% -21.79%
8.12% -0.82% -0.61% 4.79% -0.63% -3.74%
-0.27% 0.14% 2.26% -0.83% 1.08% 6.85%
1.08% 0.45% 2.07% 0.46% 0.71% 4.50%
0.22% -0.67% -0.44% -0.23% -2.70% -19.98%
0.04% 0.38% 0.29% 0.23% 1.90% 1.21%
0.04% 1.08% 0.00% -1.14% 2.13% -3.54%
0.03% 1.36% 1.45% 1.90% -0.44% -3.29%
-0.24% 3.54% -0.72% 0.00% 2.44% -10.56%
0.81% -1.46% 3.15% 2.96% -1.12% -8.54%
0.27% 1.02% 0.98% -1.03% -1.84% 2.56%
0.57% -0.44% -0.56% -5.14% 0.27% -1.40%
-2.32% -0.77% -0.56% -0.08% -2.23% -12.66%
0.39% -0.94% -0.42% 1.77% 0.09% 4.27%
0.21% 0.16% 0.00% -1.77% -0.63% 4.37%
1.53% 1.74% 1.13% 2.38% 1.35% 1.98%
1.07% 1.12% -0.42% -3.08% 1.60% -6.56%
-0.76% 0.03% 0.14% 3.01% 1.23% -2.73%
1.13% 1.87% 0.98% 0.68% 1.98% 4.84%
0.48% 0.67% 1.52% 0.15% 0.60% 3.89%
-0.51% 0.38% -0.41% -2.21% 1.27% -1.49%
-0.12% -0.91% 0.00% -0.54% -0.42% 5.30%
1.02% 0.77% 1.50% 0.08% 0.59% -0.06%
0.15% 0.10% 1.75% -1.79% -3.23% 9.00%
0.19% 0.20% 1.85% -0.39% 0.52% -3.93%
-0.39% 1.02% -1.71% -1.27% 2.21% 3.46%
-0.75% -0.56% 2.75% -4.17% 0.50% -0.12%
0.77% 1.22% -1.70% -1.94% -2.46% 4.28%
-0.55% 0.39% -0.66% 0.25% 1.19% 0.72%
-0.40% -0.15% -0.27% 0.08% 0.17% 3.43%
-0.65% -1.14% 1.97% -3.45% -0.59% -4.16%
-1.19% 1.10% -1.44% -0.18% 0.51% 1.80%
-0.20% -1.45% -0.40% 1.14% -0.68% -0.33%
1.92% 0.97% -0.13% 3.75% 1.10% -8.91%
0.41% 0.28% 1.45% 0.25% 0.25% 1.79%
0.20% 0.88% -1.19% 3.21% 2.49% 2.94%
0.17% -0.34% 1.05% -1.88% 0.25% 1.88%
0.46% -0.36% 0.39% -0.33% -0.16% -5.53%
0.56% 1.15% 1.81% 1.97% 0.90% 5.05%
0.20% -0.26% 1.02% -1.06% -0.24% 1.21%
-0.64% 0.55% 0.00% -0.99% 1.78% -2.46%
1.31% 0.58% -0.89% -3.11% -0.48% -1.30%
-1.42% -1.61% -0.77% -5.62% -1.70% -5.61%
-0.19% -0.70% -1.30% 2.06% 0.16% -0.28%
0.74% 1.29% 0.52% 1.06% 1.78% -2.46%
-0.70% -0.77% -0.39% -7.64% -1.05% -2.69%
0.49% 0.50% 0.00% 4.62% 0.08% -0.45%
0.84% 0.07% 1.68% 1.34% 1.21% -5.83%
1.55% 1.14% 0.38% 2.55% 2.53% 3.56%
-0.21% -0.43% -0.51% -0.61% 1.47% -1.34%
0.44% -0.59% 0.26% -1.32% -0.15% -2.05%
-0.59% 1.41% 1.27% 2.79% -0.54% -3.40%
0.35% 0.53% 1.01% 1.79% 1.76% 3.05%
0.08% 0.62% 2.23% -0.34% 1.88% 4.33%
-0.90% -1.30% 3.49% -1.28% -0.52% -0.23%
0.64% -0.45% -0.36% 1.03% 0.60% -0.97%
0.53% 0.48% -0.24% -2.06% -1.05% -2.82%
0.40% -1.26% -0.72% -0.61% 0.23% -1.95%
-0.31% -0.33% -0.96% 0.44% -0.45% -7.21%
0.86% 0.68% -0.49% 1.38% 0.98% -2.02%
-4.24% 0.28% 1.33% -4.11% -0.68% -7.65%
0.87% -0.37% -1.09% 2.30% 0.30% -2.27%
-1.03% 2.16% -0.24% 1.04% 2.59% 3.02%
1.11% 0.58% 0.24% 1.20% 0.87% -7.23%
-0.35% -1.96% -2.21% -2.86% -0.80% 0.00%
-0.95% 0.56% -0.50% 0.79% -1.10% 4.51%
0.58% -2.13% -0.12% 1.21% -3.31% 5.29%
-0.28% -0.65% 0.00% -0.09% 1.06% 1.08%
0.87% 0.39% -1.89% -1.30% 0.45% -2.09%
0.21% -2.03% 0.13% -1.05% -0.53% 4.18%
-0.69% -1.77% -0.51% 0.35% -3.07% -3.25%
0.47% 0.23% 0.26% 0.79% 0.39% -2.86%
0.09% -0.44% -1.02% -3.01% 1.54% -3.80%
-1.97% -0.53% -0.65% -1.27% -2.64% 1.33%
0.26% 0.16% 0.00% 3.14% 1.25% 7.33%
-1.95% -0.09% -0.91% -2.14% -0.62% -1.91%
-0.01% -0.27% -0.79% -0.36% 0.23% 3.60%
-2.92% -1.12% -2.40% -4.35% -1.25% -0.39%
1.43% 0.13% -1.09% 3.16% 1.49% 3.11%
0.81% 0.74% -1.65% -1.85% 0.77% -5.08%
1.10% -0.01% -1.54% -3.03% 1.30% 3.71%
-1.15% -0.59% -1.13% -2.83% -0.46% -1.35%
0.59% -0.01% -0.14% 2.73% 0.53% 4.03%
0.98% 0.46% 1.56% 4.88% -0.15% -5.48%
-0.07% -0.91% 0.70% -1.11% -3.02% -9.50%
-2.95% -2.37% -3.26% -2.15% -5.24% 2.61%
-0.08% 0.42% 2.56% 0.94% 1.15% 1.80%
-1.39% -2.03% -3.57% 3.14% 0.00% -2.60%
-0.59% -0.62% 1.59% 2.51% 0.08% 4.21%
-0.09% -0.26% 0.43% 1.84% -4.00% -7.36%
-2.01% -1.68% -1.15% 0.26% -5.78% -12.42%
1.00% 1.56% 1.15% 0.09% -1.00% -6.89%
3.39% 2.35% 0.43% 1.46% 1.54% 2.26%
-0.91% -0.83% -1.43% -2.95% -3.56% -5.79%
0.55% 1.81% 0.29% 1.14% 2.66% -5.21%
0.82% 0.36% 1.85% 0.52% 1.53% 0.52%
1.07% 0.44% 1.54% -1.39% -1.07% 2.40%
0.89% -0.09% 0.42% 1.31% 0.00% 4.58%
-0.80% -1.09% 0.28% -1.66% -4.32% -2.51%
0.66% 0.87% 2.18% -0.18% 2.23% -6.10%
-0.45% -0.44% 0.13% -2.32% 0.55% 7.14%
-0.15% 0.99% -0.41% -0.09% -1.20% -2.27%
1.05% 0.86% 2.67% 3.47% 3.99% -7.01%
0.51% -0.56% 0.39% 1.13% 0.71% -5.74%
1.28% 1.70% 2.08% 2.56% 4.49% -11.65%
0.25% 1.40% -1.82% -0.68% 1.01% -1.95%
0.11% -0.96% 2.46% 1.85% 0.33% 13.73%
-0.71% -0.89% 0.64% -2.78% -0.08% -2.18%
0.12% 0.43% -0.51% 0.77% 2.39% 0.78%
0.00% -1.02% 0.25% 0.42% 0.00% 6.24%
-0.45% 1.06% 1.39% 0.34% -2.06% -0.79%
1.43% -0.09% 0.38% 0.42% 1.97% -6.88%
0.24% -1.10% -1.64% -0.17% -4.84% -3.32%
0.94% 0.95% 0.25% 1.34% 0.60% 5.71%
-0.11% -0.41% 4.22% 3.26% 1.52% 15.07%
-0.57% 0.46% -2.46% -2.11% -0.17% -0.22%
-0.89% -0.07% 1.24% 0.33% 0.92% 1.74%
0.81% 1.40% 0.00% 1.22% 3.99% 3.35%
0.55% 0.08% -0.49% -0.32% 0.16% -5.42%
1.06% 0.08% -1.12% 0.16% -0.24% 5.79%
 0.41% -0.71% 1.24% -1.22% -1.77% -6.56%
0.15% -1.50% 0.74% 0.73% -1.89% -11.29%
-0.32% -0.59% 0.61% 0.81% -2.69% -1.50%
4.48% -0.85% -1.47% 3.09% -1.63% -2.75%
0.03% 0.20% 0.25% -3.01% 0.95% -4.52%
0.04% 0.11% 0.37% 0.00% 0.09% 7.27%
0.43% 0.40% 0.00% -0.89% 1.11% -2.82%
-0.23% -0.01% -0.25% -1.39% -1.88% -8.26%
0.24% -0.57% -3.00% -2.33% 0.09% 1.26%
0.64% -0.16% 0.51% 1.01% 0.43% -8.28%
-0.32% 0.71% -0.76% -0.59% 1.45% -6.25%
-0.74% 0.01% -4.16% -2.98% 2.18% 2.62%
-1.03% -1.32% -0.40% -2.45% -0.33% 13.70%
1.39% -2.59% -0.80% -2.15% -6.25% -10.07%
-2.06% -0.98% -0.81% -1.37% 1.49% -4.41%
-4.51% -2.07% -4.43% -3.93% -0.96% -8.24%
-0.02% 0.96% 1.54% 1.80% -2.04% 3.13%
-1.16% -0.65% 1.93% 1.86% -2.73% -2.79%
0.71% 2.63% 0.54% 3.88% 1.10% 5.01%
-2.87% -2.15% -0.14% -1.52% 2.88% -0.57%
-1.49% -1.72% -1.51% -2.27% 0.71% -1.24%
1.24% 1.23% 2.19% 1.01% 4.39% 5.56%
-3.40% -4.11% -4.42% -5.52% -3.69% 0.24%
0.51% -0.59% 0.84% 1.72% -0.79% 8.04%
1.39% 1.55% 1.11% 0.38% 0.44% -3.23%
0.95% 1.67% -0.69% -2.48% 2.26% 0.37%
-1.52% -0.61% 1.80% -0.29% -0.26% 1.69%
0.94% 0.99% 2.30% 0.87% -0.17% -5.48%
0.05% -0.22% -2.03% -1.45% -0.69% -2.82%
-3.60% -3.04% -2.35% -3.98% -2.99% 0.08%
0.32% 0.53% 0.56% -0.30% -0.09% 9.09%
0.90% -0.98% -2.68% -0.51% 2.12% -4.22%
1.20% 0.73% 1.42% 1.02% 1.91% 4.86%
1.58% 1.10% 2.91% 2.60% 1.20% 6.95%
0.48% 0.07% 0.27% 1.08% -2.75% -1.28%
-1.06% 0.12% 0.27% -3.78% -2.12% 8.03%
1.64% 1.06% 0.81% 2.60% 4.27% 11.43%
3.35% 1.40% 0.67% 3.40% -0.09% 0.00%
-0.28% 0.93% 0.13% 2.54% 0.60% 5.92%
1.43% 0.79% -0.27% 2.12% 2.60% 12.20%
1.70% 0.81% -0.67% -0.91% -0.83% -1.17%
-1.00% -0.19% 2.14% 0.09% -2.54% -4.29%
0.01% 0.07% 1.44% 0.18% -1.81% 2.44%
0.03% 0.91% -0.52% 0.91% -0.26% 6.16%
-0.83% 1.49% 1.04% -2.02% 11.47% 6.91%
-0.20% -0.76% -1.96% 1.01% -4.30% -3.57%
0.01% -0.48% 1.05% -0.37% -1.56% -3.88%
0.53% -0.68% 0.13% -1.86% 0.74% -9.44%
-0.77% -0.35% -1.32% -0.66% 0.08% -2.28%
0.13% 0.07% 0.26% -1.62% 0.08% -0.15%
-0.27% -1.38% 0.13% 1.43% -2.57% -4.24%
1.04% 0.29% -0.53% 0.94% -0.84% -0.59%
0.27% -0.53% -0.40% 0.93% 0.00% -8.70%
-0.22% 0.72% -1.21% 2.75% -1.19% -5.98%
1.51% -1.22% 0.54% -1.64% -2.78% -9.60%
-1.22% -2.38% -0.81% -0.83% -1.33% -4.27%
-1.38% -2.65% -0.27% -2.25% -1.89% -4.54%
0.23% 1.23% 1.21% 1.78% -0.46% 9.76%
0.68% 1.45% 1.86% 2.03% 1.00% 1.55%
-1.20% -1.39% -0.79% -3.71% 0.00% -5.92%
-2.07% -1.96% -2.14% 0.38% -1.37% -2.01%
0.93% 1.10% 1.74% 2.33% 0.91% -7.04%
1.04% 1.19% -1.07% 1.46% 1.80% -3.96%
1.15% 1.06% 0.67% 1.62% 2.03% 5.73%
-0.51% 0.29% -0.80% 0.53% -2.12% 4.55%
0.67% 0.35% -0.95% -2.34% -1.08% 3.86%
-0.62% -1.73% 0.54% 1.89% 0.72% -5.77%
-5.68% -0.13% 0.67% -1.17% 1.25% 4.00%
-0.13% -0.78% 0.67% 0.27% -0.53% 2.95%
-1.13% 1.66% -0.27% -0.18% -0.09% -10.67%
1.04% 0.51% 3.29% 5.27% 1.15% -0.54%
0.31% 0.95% -0.78% 2.70% 2.70% -2.35%
-0.23% -0.95% 1.94% 0.42% 0.68% 4.50%
1.02% 0.23% 1.27% 1.56% 0.85% -0.69%
0.39% -0.88% 0.88% 0.81% -1.53% 11.53%
-1.59% -0.29% 2.35% -1.06% -0.60% 6.84%
1.06% -1.06% -0.37% -1.57% -0.95% 7.17%
-1.13% -0.22% 0.00% -2.44% -1.49% -6.73%
1.34% 2.96% 2.42% 0.26% 3.39% 7.56%
1.57% 2.93% -0.12% -0.26% 1.02% 12.51%
0.16% 1.96% 1.55% 1.77% 1.01% 5.34%
0.64% -2.21% -1.31% -2.97% -1.01% -4.88%
-0.79% 2.10% 0.36% -0.26% 0.59% -3.89%
-0.06% -3.12% -0.12% -3.88% 0.92% -0.38%
-1.57% -0.61% 0.71% 1.07% -0.84% -17.22%
0.09% -1.39% -0.95% -2.52% -0.17% -1.55%
-0.82% -0.83% -3.65% -1.93% 0.76% 4.07%
-0.36% -0.44% -0.50% 1.02% -0.42% -3.87%
0.30% 1.00% 2.22% 1.19% 1.42% 2.56%
-0.07% -0.97% 1.09% -1.74% -1.50% -14.22%
 0.16% -1.03% -0.97% -0.56% -2.81% -5.23%
-0.99% 0.31% -1.23% -0.75% 2.81% 4.35%
0.48% 2.38% -1.87% 1.95% 2.49% 2.11%
0.37% -0.43% 0.75% 0.82% -0.74% 7.88%
1.21% -0.67% -0.75% -1.19% 0.00% -14.41%
-0.65% -0.25% -2.54% -2.62% 0.66% -6.17%
-0.98% -0.06% 0.51% -1.33% -0.41% -3.74%
0.51% -0.83% 2.28% -0.29% -4.38% -24.13%
-1.15% 0.42% 0.00% 1.05% 0.43% 0.86%
-0.60% -0.79% 1.49% 0.66% 0.77% 12.17%
-0.10% 1.13% -0.62% 1.32% 3.59% -3.66%
-0.06% -0.35% 0.62% 0.65% 0.00% 0.59%
0.99% 1.60% 1.83% -0.37% 1.06% -8.99%
0.52% 0.22% -0.12% -0.28% 0.08% -12.99%
-0.01% -0.87% 0.12% -0.19% 0.49% 1.57%
-0.11% -0.14% 0.72% 0.37% -0.73% -3.16%
1.16% 1.98% 0.84% 1.20% 0.57% 10.44%
-0.82% -1.59% 0.00% -0.55% 0.97% -4.67%
-0.06% 1.11% 0.12% 2.20% 0.80% 5.78%
0.07% -0.46% 0.36% -0.09% 1.03% -3.47%
0.14% 0.27% 0.95% 2.95% 0.16% -5.15%
0.11% -0.69% 1.17% 1.14% 0.31% 1.31%
0.76% 0.79% 0.00% -0.09% -1.18% 4.18%
-0.03% 0.50% 1.84% 0.69% 0.55% -12.18%
-0.42% -0.38% -0.57% -0.09% 0.55% -2.75%
-0.05% 0.16% 0.69% 2.56% 0.94% 7.94%
0.27% -0.34% -0.57% 0.34% 0.16% -3.04%
-1.84% -0.59% -0.81% 2.66% -0.16% -7.54%
0.92% 0.43% 0.81% -0.66% -0.62% -1.21%
1.02% 1.59% 0.91% 4.12% 0.00% -7.13%
-0.80% -0.81% 0.11% -0.40% 2.85% -1.27%
-0.18% 0.76% 0.34% -7.85% -0.15% 3.95%
0.07% -0.82% -0.91% -0.60% -0.23% 0.49%
0.83% -1.52% 1.14% -0.61% -3.65% -0.53%
1.05% 0.76% -0.11% -1.84% -1.35% 1.07%
-0.04% -0.89% -0.11% -1.43% -0.64% 5.01%
-0.07% 0.95% 0.11% 0.36% -1.71% -1.52%
-0.57% -0.86% 0.34% -0.36% 0.65% -1.78%
0.59% -0.16% -1.13% -3.85% -0.82% -8.53%
0.99% -0.39% -1.15% 0.65% 0.90% -6.24%
0.24% -0.38% 0.00% 2.74% 0.32% -9.81%
0.62% -1.44% -0.93% -6.82% -0.73% -13.56%
3.34% -0.58% 1.50% 0.48% -2.82% 1.52%
-0.71% -0.63% -0.69% 2.19% -2.04% 0.70%
-1.63% -0.68% -1.39% -1.23% -1.99% -7.06%
 -1.39% -2.41% -2.73% -1.73% -2.93% 0.51%
0.67% -0.14% 1.55% 0.10% 1.34% 5.13%
-1.34% -0.84% 0.00% -2.55% -0.80% -5.20%
-0.67% 1.06% 0.24% 0.20% -0.72% -7.07%
4.96% -4.21% -0.24% -3.94% -2.19% 1.14%
1.75% -2.26% 0.24% 1.53% -3.28% -3.53%
1.92% -1.26% 1.64% 0.10% -0.48% 9.06%
4.73% 4.50% 0.81% 0.71% 2.46% -0.99%
0.27% -1.36% -0.23% -2.45% 0.37% -1.07%
-2.16% -0.66% -1.28% 0.00% -1.50% -1.99%
0.66% -2.49% -0.70% 1.84% -1.52% -14.25%
-0.62% 0.95% 0.70% -0.71% 0.76% 3.39%
1.19% 1.22% 0.93% -0.41% 2.91% 8.33%
-0.65% -0.56% 0.69% -1.97% 0.28% -3.09%
-2.37% -0.46% -0.12% -0.84% 1.01% 0.12%
0.27% -1.28% 0.80% -2.13% 0.00% 14.18%
-0.16% 0.77% 0.80% 1.28% 2.08% 3.08%
0.24% -0.80% -1.03% -0.32% 0.89% -7.84%
-0.92% -1.23% -0.34% -0.96% -1.07% -1.73%
-2.30% -4.80% -0.92% -6.33% -3.84% -9.67%
-3.28% -3.91% -0.12% -1.15% -3.22% -1.40%
-1.39% -2.22% -1.99% -0.58% -2.04% -3.88%
-4.87% -6.21% -2.64% -0.82% -4.11% -14.58%
-2.25% 3.20% -1.10% 2.44% -3.43% -8.86%
3.14% 4.63% 0.61% 0.69% 4.85% 10.23%
-4.10% -4.91% -1.23% -2.54% -0.30% 7.41%
4.04% 2.16% 0.74% -2.01% -0.30% 5.67%
-3.54% -4.51% -1.61% -2.91% -2.57% -11.90%
-1.41% -4.95% -3.95% -3.37% -9.60% -7.88%
-8.08% -13.04% -12.58% -14.61% -29.19% 16.45%
5.74% 3.64% 0.15% 6.41% 10.47% 15.68%
-5.60% -3.35% -8.59% -10.61% -4.23% -8.59%
-13.75% -12.14% -17.66% -16.11% -5.94% -7.14%
4.88% 2.50% 12.90% 13.15% 6.22% 8.70%
-8.57% -10.01% -23.80% -19.28% -14.01% -15.32%
7.36% 6.51% -3.03% 5.23% -5.78% -13.27%
-2.95% -10.56% -20.41% -13.61% -19.25% -16.17%
-3.15% 3.88% 1.07% 4.08% 13.11% 7.54%
-5.06% -5.03% -4.36% -0.20% -8.35% -13.04%
-0.65% -4.02% -7.22% -6.63% -1.22% 2.48%
10.71% 11.94% 4.11% 15.81% 2.03% 11.78%
0.35% 5.09% 15.91% 7.06% 1.99% -2.94%
6.44% 4.02% 14.57% 1.86% -5.05% -5.59%
-4.40% -4.94% -5.22% -10.95% -7.75% -2.86%
4.44% 1.48% -2.94% 0.93% -5.52% 3.42%
-0.01% -0.20% -0.11% -0.26% -0.27% -0.86% Alpha Diario
-1.60% -39.41% -23.61% -48.06% -49.52% -88.66% Alpha Anual

2.07% 2.17% 3.05% 3.20% 3.22% 6.78% Tracking Error Diario

32.81% 34.46% 48.35% 50.80% 51.15% 107.58% Tracking Error Anual
 Banco
Walmart Disney IBM Exxon Grupo Aval Santander US Oil
de Brasil

1.99% 0.05% 0.49% 0.96% 3.16% 4.38% 3.52%

-2.75% -0.34% 0.46% 0.24% 2.04% -0.12% -1.09%
0.47% 0.16% 0.01% -0.18% -0.54% -1.09% 0.38%
-0.27% -0.19% 0.45% -0.24% -0.50% -2.55% 1.06%
-0.74% 0.71% 0.31% 0.12% 1.12% 1.09% 4.70%
-0.38% -0.34% 0.46% -0.96% 2.83% -0.14% 0.00%
-0.11% -0.12% -0.26% -0.44% 0.45% -0.06% -1.80%
0.64% 0.32% -0.36% 0.40% 0.82% 2.47% -1.42%
0.29% -1.66% 0.04% -1.01% -1.80% -4.35% 1.79%
-0.12% -0.99% -0.31% -0.26% 0.51% -0.62% 0.32%
-0.35% -0.67% -0.29% -0.07% -1.93% -0.20% -1.03%
-0.29% -1.28% 0.02% -0.12% -1.90% 0.65% 1.20%
1.18% 1.03% 0.37% -0.09% -0.82% -0.46% -0.27%
1.02% 0.25% 7.90% -1.04% -0.83% 4.57% -0.85%
-0.49% -0.65% -0.41% 0.00% 2.13% -0.97% 0.94%
-2.30% -0.36% 0.24% -0.40% 1.22% -0.39% -0.13%
0.91% 0.54% 1.01% 0.12% 0.35% 0.56% -1.92%
-0.22% 0.23% 0.19% 0.52% 0.44% 0.37% 2.05%
-3.54% -2.24% -1.51% -0.46% -1.54% -2.69% 0.58%
0.22% 0.40% -0.83% 0.50% 0.60% 1.04% -1.30%
-2.17% -0.29% -0.33% 3.45% -0.81% -0.09% 2.35%
0.29% -0.23% 0.13% -2.13% 2.47% 2.29% -1.80%
0.40% 0.30% -0.20% 0.55% 0.51% -1.50% -2.31%
0.26% -0.89% 0.79% -0.21% -0.34% -4.92% 0.49%
2.07% 0.53% -1.38% 0.17% 0.38% 0.86% -1.29%
-1.26% 0.44% 0.32% -1.01% -0.49% 1.70% 0.02%
0.58% -1.94% 0.14% 0.09% -0.07% -1.84% -0.70%
-0.48% -1.50% 0.24% 0.46% -0.15% 1.10% 0.07%
0.69% 0.61% 0.77% 0.82% -0.72% -3.38% 1.30%
0.86% 0.68% -0.49% 0.29% 0.41% 3.27% 1.49%
0.40% 0.65% 0.05% 0.79% -0.10% -0.40% 0.90%
2.04% 0.66% 0.33% 0.52% 1.37% 0.00% 0.45%
-2.47% -0.03% -0.68% 0.21% -0.59% -2.39% 1.09%
-0.14% 0.89% 0.24% -0.55% 0.35% -0.19% -0.07%
-0.48% 0.20% 0.38% 0.13% 0.86% -0.56% -0.05%
-0.56% -1.57% 0.03% -0.02% 1.62% -1.92% -3.35%
-0.36% 0.00% 0.27% 0.28% 1.93% -0.32% 0.60%
-0.54% -0.58% -0.34% 1.08% -1.66% -1.22% 2.27%
1.18% 0.34% -0.47% -0.27% 3.04% -3.89% 0.79%
-1.76% 0.34% 0.08% 0.53% -2.38% -2.63% -3.14%
0.31% 0.67% -0.17% 0.78% -0.27% 0.64% 1.58%
0.61% -0.18% -0.28% -0.04% -0.15% 0.20% 0.28%
 0.57% 1.40% 0.00% -0.49% 2.63% -2.80% 0.06%
-0.01% 0.08% -0.37% 1.92% -0.63% 0.64% 1.33%
0.36% 0.04% 0.01% -1.23% -0.18% 1.35% -0.47%
-0.55% -0.63% 0.46% -0.49% -1.59% 2.30% -0.35%
-0.41% -0.31% 0.12% -0.02% 1.16% -0.04% -0.04%
-0.02% -1.25% -0.49% 0.19% -1.88% 2.51% 1.80%
-0.73% 0.43% 0.25% -0.25% 1.14% -1.79% 0.33%
-0.29% -0.08% -0.04% -0.86% -0.10% -0.83% -0.66%
0.88% -1.98% 0.19% 0.78% 1.44% 1.60% 0.53%
0.20% -2.78% 0.21% -0.25% 1.03% -1.05% -0.23%
-0.92% 0.29% -0.34% 0.85% 0.29% -0.69% 2.07%
-0.65% -2.30% 0.23% -0.50% -1.97% -4.19% -1.56%
1.13% 1.52% 0.50% 0.30% 1.14% -3.70% 0.21%
-0.03% -0.32% -0.11% -0.61% -1.21% 2.14% 0.25%
-0.56% 1.44% 0.03% 0.58% -0.19% 0.34% 1.06%
-0.67% 0.59% -0.24% -0.30% 0.07% -7.17% -0.58%
-0.44% 0.03% 0.13% 0.14% -0.36% 4.26% -0.28%
-0.26% -0.38% 0.17% -0.60% 1.01% 0.67% 0.54%
-0.85% 0.17% 0.40% -0.01% -0.77% 1.40% 1.38%
-0.91% -0.49% -0.21% -0.43% -0.51% -0.61% 1.47%
0.04% 0.28% 0.22% -0.81% 0.04% -1.53% -0.37%
0.73% 1.75% -0.80% 1.20% 1.07% 2.58% -0.75%
0.27% -0.24% -0.11% 0.07% 0.54% 1.33% 1.30%
0.30% -0.14% -0.03% 0.51% 2.13% -0.44% 1.78%
0.06% 2.25% -0.29% -0.69% 4.10% -0.67% 0.08%
0.57% -0.09% 0.29% -0.80% -0.70% 0.68% 0.25%
1.19% -0.48% 0.53% 0.47% -0.24% -2.07% -1.05%
0.09% 10.27% -0.26% -1.92% -1.38% -1.27% -0.43%
0.92% 1.57% -0.25% -0.27% -0.90% 0.50% -0.39%
0.44% -1.68% 0.81% 0.63% -0.54% 1.33% 0.93%
0.45% 1.64% -4.02% 0.51% 1.56% -3.89% -0.45%
-0.14% 0.37% 0.72% -0.53% -1.24% 2.14% 0.14%
-0.89% -0.68% -1.13% 2.06% -0.34% 0.94% 2.49%
-0.20% 0.39% 0.23% -0.30% -0.64% 0.32% -0.01%
0.66% 1.52% -0.13% -1.74% -1.99% -2.64% -0.58%
0.03% 1.61% -0.91% 0.60% -0.46% 0.82% -1.07%
-2.41% 1.47% 0.12% -2.59% -0.59% 0.75% -3.77%
-0.08% -0.55% -0.39% -0.76% -0.11% -0.19% 0.96%
1.16% -1.78% 0.78% 0.29% -1.99% -1.40% 0.36%
-0.70% 0.32% 0.96% -1.27% 0.88% -0.30% 0.22%
0.01% -1.44% -0.48% -1.56% -0.30% 0.57% -2.86%
-0.04% -0.82% -0.49% -0.73% -0.70% -0.17% -0.57%
0.82% 0.95% 0.54% 0.01% -0.58% -2.56% 1.99%
0.53% 0.50% -0.31% 1.13% 1.02% 0.40% -0.97%
-0.83% 1.32% 0.42% 0.32% 0.16% 3.30% 1.41%
-0.46% -0.74% -1.64% 0.21% -0.61% -1.84% -0.32%
1.98% -0.04% -0.39% -0.65% -1.16% -0.73% -0.14%
0.44% 0.41% -0.48% 1.33% 0.04% -1.90% 1.19%
-0.40% 0.61% 0.63% -0.67% -1.88% 2.36% 0.69%
-0.99% 0.52% 0.23% 0.15% -2.23% -2.43% 0.19%
0.54% -0.28% 0.21% -0.90% -2.42% -3.92% 0.42%
0.14% 0.25% -0.57% -0.01% -0.55% -2.24% 0.13%
1.33% -0.16% 1.27% 0.66% 0.53% 3.41% 1.21%
-1.24% -0.71% 0.13% -0.39% 0.71% 4.04% -1.00%
1.37% 0.10% 0.21% -0.63% 0.98% -0.82% -2.73%
0.84% 0.36% -1.75% -1.17% -2.06% -0.96% -4.04%
0.66% -0.09% -0.22% 0.28% 2.43% 0.81% 1.02%
0.60% 0.71% -0.54% -1.19% -2.73% 3.98% 0.84%
0.40% -0.10% 0.10% 0.07% 2.28% 3.21% 0.78%
-0.14% 0.27% -0.30% -0.47% 0.22% 1.63% -4.21%
0.59% 1.21% -0.68% -0.35% 0.18% 1.59% -4.45%
0.79% 0.60% 1.28% 1.83% 1.42% 0.36% -0.72%
-1.53% -0.36% 1.27% 0.23% -1.69% -0.66% -0.59%
0.98% 0.01% -1.72% -1.65% -2.24% -3.76% -4.37%
0.05% 0.32% -0.06% 1.19% -0.32% 0.53% 2.05%
-0.14% -0.44% -0.22% -0.68% 0.81% -0.52% 0.48%
0.90% -1.17% 0.60% -0.02% 1.07% -1.86% -1.54%
0.42% -1.43% 0.93% -0.06% 0.45% 1.34% 0.03%
1.02% 0.68% -0.59% -0.88% 0.48% -1.46% -4.12%
-0.57% 3.93% 0.25% 0.47% 1.77% -0.59% 1.82%
0.55% 0.10% -0.29% -0.28% 0.30% -2.16% 0.71%
-0.01% -0.57% -0.24% 0.90% -0.50% -0.18% -1.29%
-0.52% -2.20% 0.09% -0.11% 1.70% 2.50% 3.02%
-0.33% 0.90% 0.21% -0.85% 0.10% 0.83% 0.41%
-0.31% -0.17% 0.34% 0.76% 1.14% 1.61% 3.54%
0.86% -1.14% 0.38% 1.53% -1.69% -0.55% 1.13%
0.27% -0.55% 0.28% -0.78% 2.63% 2.02% 0.51%
0.49% 1.47% 0.24% 0.07% 1.59% -1.83% 0.87%
-0.38% 0.45% 0.24% 0.56% -0.39% 0.89% 2.51%
-0.44% -1.17% -0.38% -1.41% -0.13% 0.04% -0.38%
-0.22% -0.33% -1.02% 0.49% 0.82% -0.24% -2.63%
-0.65% 0.66% 0.66% -0.86% -0.39% -0.34% 1.21%
0.59% 0.33% -0.05% -1.40% -1.93% -0.46% -5.13%
-0.12% -0.45% 0.17% 0.18% -0.51% 0.57% -0.17%
-0.12% -0.19% 0.07% -0.23% 4.40% 3.44% 1.70%
1.14% -0.52% -0.09% 0.94% -1.98% -1.62% 0.32%
0.02% 0.29% -1.01% -0.19% 1.11% 0.20% 0.79%
-0.36% 0.90% 0.36% 0.95% -0.45% 0.77% 3.54%
0.60% -0.21% 0.32% -0.15% -0.72% -0.55% -0.07%
0.13% 0.45% 0.60% -0.38% -1.58% -0.30% -0.70%
 0.31% 0.11% 0.39% -0.73% 1.22% -1.24% -1.79%
0.15% -0.18% 0.49% -1.16% 1.08% 1.07% -1.55%
0.52% -0.55% 0.33% 0.06% 1.27% 1.46% -2.03%
-0.25% -1.02% 4.13% -1.21% -1.83% 2.74% -1.99%
-0.10% -0.65% 0.65% 0.82% 0.87% -2.39% 1.57%
-1.24% 0.42% -0.24% -0.18% 0.09% -0.28% -0.20%
-1.33% -0.38% -0.26% -0.28% -0.68% -1.57% 0.42%
-0.55% -0.45% -0.70% -0.48% -0.71% -1.86% -2.35%
0.72% 1.88% 0.77% -0.04% -2.47% -1.81% 0.61%
-0.03% 0.26% -0.09% -0.90% -0.23% 0.27% -0.31%
-0.50% 1.36% -0.16% 0.87% -0.60% -0.42% 1.61%
0.07% -0.74% -0.48% 0.27% -3.90% -2.72% 2.43%
-0.42% -0.24% 0.07% -0.23% 0.70% -1.36% 0.76%
-0.01% 0.09% 2.30% -1.68% 0.10% -1.25% -5.35%
0.75% 0.63% -1.33% -0.25% -0.08% -0.64% 2.22%
-0.30% 0.59% -1.48% 0.95% -1.40% -0.91% 2.06%
0.07% 1.26% -1.31% -0.33% 0.25% 0.51% -3.34%
0.79% -5.14% -1.23% -0.73% 1.85% 1.78% -2.81%
-1.56% 0.36% -1.15% 0.77% -1.31% 2.02% -0.76%
-0.49% 1.12% -2.21% -1.49% 0.53% -0.85% 3.54%
-0.70% -0.78% -0.25% -0.48% -0.27% -1.03% 1.95%
0.56% -0.58% -0.26% -0.27% 0.68% -0.49% 2.89%
1.84% -0.11% -0.43% -1.14% -1.45% -2.55% -0.72%
5.69% 0.17% 0.26% -0.84% 0.60% 1.47% -1.04%
-1.17% -0.10% -0.05% 0.12% -0.32% -1.05% -0.99%
-0.48% -1.14% -0.25% 0.47% -1.90% -3.68% 1.05%
-0.76% 0.68% -0.73% 0.19% 2.59% 0.50% 0.54%
-0.85% -0.36% 0.11% 0.17% 1.48% 0.05% -0.99%
-0.05% 0.29% 0.10% -0.16% -1.98% -1.40% -0.64%
1.66% -0.67% -0.97% -0.41% 0.28% -1.35% -0.36%
-0.05% 1.12% -0.77% -0.56% -0.53% -1.40% -1.18%
0.70% 0.23% 1.22% -0.66% -2.36% -0.19% 2.44%
-0.39% 0.87% 0.55% 0.07% 0.77% 0.36% 1.26%
-0.06% -0.32% 0.32% -0.16% 1.65% 1.34% -0.07%
0.09% -0.49% 0.42% 0.01% 0.21% 1.01% -2.82%
1.02% 0.00% -0.37% 0.81% 0.96% -3.09% -1.42%
0.02% 0.07% 0.56% -0.02% -0.27% 1.52% 3.20%
-1.70% -0.61% 2.06% 0.11% -0.62% 2.10% -1.38%
-0.71% 0.42% -0.38% 0.84% 0.04% 2.45% 0.51%
1.39% -0.51% 1.44% 0.80% -0.26% 2.13% 2.61%
-0.27% -2.25% 1.67% 0.78% -0.71% -0.95% -0.86%
-0.75% -0.43% -1.73% -0.91% 1.42% -0.63% -3.26%
0.49% 0.67% -0.27% -0.22% 1.16% -0.10% -2.10%
0.51% 0.45% 0.11% 0.99% -0.45% 0.98% -0.19%
-1.28% -1.31% -0.52% 1.80% 1.36% -1.70% 11.78%
 0.55% 0.12% -0.45% -1.02% -2.22% 0.76% -4.56%
0.52% 0.32% -0.02% -0.51% 1.02% -0.40% -1.59%
-0.04% -2.59% 0.52% -0.68% 0.13% -1.86% 0.74%
0.38% -0.28% -0.27% 0.14% -0.83% -0.17% 0.57%
0.56% 0.15% 0.14% 0.08% 0.27% -1.61% 0.09%
1.51% 0.47% 0.57% -0.54% 0.98% 2.27% -1.73%
-0.55% 0.23% 0.43% -0.32% -1.14% 0.33% -1.46%
0.10% -1.13% 0.52% -0.29% -0.16% 1.18% 0.24%
0.66% -0.47% 0.32% 1.25% -0.67% 3.28% -0.66%
-0.31% -0.23% 1.01% -1.73% 0.03% -2.14% -3.29%
0.53% 0.64% 0.02% -1.15% 0.43% 0.40% -0.10%
0.33% 1.49% 0.43% -0.84% 1.54% -0.44% -0.09%
-0.63% -1.56% -0.56% 0.43% 0.42% 0.99% -1.25%
0.17% 0.23% -0.73% 0.03% 0.45% 0.61% -0.41%
-0.34% 0.93% -0.75% -0.94% -0.34% -3.27% 0.45%
1.87% -0.31% -0.51% -0.39% -0.57% 1.95% 0.20%
0.24% -0.24% 0.02% 0.20% 0.84% 1.42% 0.01%
-0.07% -0.63% 0.40% 0.55% -1.71% 0.82% 1.16%
-0.56% -0.56% 0.06% -0.02% -0.42% 0.53% 0.95%
-0.76% -0.11% -0.37% 0.43% -0.67% 0.67% -1.99%
-0.69% -0.94% -0.32% -0.64% -1.94% -3.33% -2.07%
0.11% 1.04% -0.42% -1.53% 0.74% 2.09% 0.92%
0.08% 0.87% -5.96% -0.41% 0.40% -1.44% 0.97%
-0.19% -0.73% 0.27% -0.39% 1.06% 0.66% -0.14%
-0.18% -1.17% -1.82% 0.97% -0.95% -0.86% -0.77%
0.22% 1.99% 1.39% 0.87% 3.65% 5.63% 1.51%
-0.48% -1.25% 0.03% 0.67% -1.06% 2.42% 2.41%
-0.40% -0.86% -0.42% -1.14% 1.74% 0.22% 0.49%
-0.46% 0.08% 0.61% -0.18% 0.86% 1.16% 0.44%
-0.41% -0.84% -0.17% -1.44% 0.32% 0.26% -2.09%
-1.67% -0.72% -1.51% -0.21% 2.43% -0.97% -0.52%
0.48% -0.23% 0.74% -1.38% -0.69% -1.89% -1.28%
-0.41% 0.55% -0.83% 0.08% 0.30% -2.14% -1.19%
-0.66% 1.19% 0.38% 2.00% 1.46% -0.71% 2.43%
-0.41% -0.24% 1.20% 2.56% -0.49% -0.62% 0.65%
1.21% -0.99% 0.28% 2.08% 1.67% 1.89% 1.13%
0.47% -0.21% 0.57% -2.28% -1.38% -3.04% -1.08%
0.34% 1.01% -1.06% 1.83% 0.09% -0.53% 0.32%
-0.91% 3.44% -0.31% -3.37% -0.38% -4.13% 0.67%
-0.14% -0.69% -1.37% -0.41% 0.91% 1.27% -0.64%
-0.09% 1.18% -0.07% -1.54% -1.11% -2.68% -0.32%
1.48% 6.99% -0.89% -0.90% -3.73% -2.00% 0.68%
-0.36% -1.14% -0.44% -0.52% -0.58% 0.93% -0.50%
-2.25% -2.47% -0.47% 0.24% 1.45% 0.42% 0.65%
1.10% 1.99% -0.12% -1.02% 1.04% -1.79% -1.55%
-0.24% 0.55% 0.22% -0.97% -0.91% -0.50% -2.75%
-0.26% -0.61% -0.61% 0.69% -0.85% -0.37% 3.19%
0.77% 0.14% 0.64% 2.54% -1.71% 2.11% 2.65%
-0.64% 0.72% 0.16% -0.65% 0.53% 0.61% -0.96%
-1.12% 0.19% 0.46% -1.41% -1.50% -1.94% -0.75%
0.01% 1.07% -0.87% -0.47% -2.76% -2.84% 0.44%
-0.78% -0.52% -1.40% -0.47% 0.10% -1.75% -0.83%
0.68% 0.47% 0.91% -0.43% 2.68% 0.11% -3.98%
1.03% 0.23% -0.29% 1.29% 0.87% 1.92% 1.30%
0.15% -0.70% 0.07% -0.13% 2.16% 1.33% 1.43%
-0.61% -0.83% -0.73% 0.50% -1.25% 0.69% 2.96%
-0.18% -0.72% -0.21% -0.50% 0.47% 0.50% -0.15%
0.03% -0.76% 0.08% 0.69% 0.93% -1.28% 0.15%
-0.03% -0.67% 0.84% 0.53% 0.20% 0.04% 0.40%
-0.07% 0.03% 0.10% -0.76% 0.23% -0.08% 0.60%
-0.41% 0.72% -0.40% -0.44% 0.43% 0.08% -1.02%
-0.22% -0.74% 0.31% 1.13% -0.02% 0.35% -0.29%
0.43% -0.95% -0.83% -1.60% -0.01% -0.56% 0.96%
-0.50% 0.70% -0.77% 0.39% -0.59% 1.49% 0.09%
0.58% -0.53% 0.03% -0.49% 0.32% -0.12% 0.99%
-1.13% -0.96% 0.18% 0.32% 0.99% 2.99% 0.20%
-0.26% -0.52% -0.33% -1.13% 0.72% 0.69% -0.13%
-0.32% 0.00% 0.27% 0.30% -0.49% -0.58% -1.67%
-1.14% -1.60% -0.12% 0.41% 1.76% 0.61% 0.47%
0.42% 0.44% -0.40% -0.37% -0.55% -0.07% 0.57%
-0.50% -0.23% -0.56% -0.35% 0.17% 2.05% 0.42%
0.06% 0.03% 0.26% -0.35% -0.58% 0.33% 0.15%
0.42% -0.79% -1.26% -0.01% -0.23% 3.24% 0.42%
-0.76% 0.30% 0.63% 0.14% 0.51% -0.95% -0.92%
-0.75% 1.60% 0.19% 0.76% 0.08% 3.28% -0.83%
-0.18% -0.45% -0.09% -0.10% 0.82% 0.31% 3.56%
-0.56% -0.93% -0.53% 0.41% -0.01% -8.20% -0.50%
-0.65% 0.32% 0.35% -0.54% -0.63% -0.32% 0.05%
-0.83% -0.70% 0.34% -2.01% 0.65% -1.10% -4.13%
0.36% -1.06% 0.39% 0.10% -0.78% -2.51% -2.02%
-0.55% 0.14% 0.25% -0.61% 0.17% -1.14% -0.36%
-1.13% -1.21% -0.76% 0.25% -0.58% -0.34% -2.40%
0.41% 1.06% -0.42% -0.71% 0.49% -0.21% 0.81%
-0.96% -0.79% 0.40% -0.35% -1.32% -4.03% -1.00%
-0.30% -0.28% 0.16% -1.22% -1.98% -0.18% 0.07%
-1.20% -0.93% -0.15% -0.76% -0.39% 2.36% -0.06%
0.81% -0.27% 0.89% -1.17% -0.66% -6.55% -0.47%
0.41% 0.28% 3.31% -0.61% 1.47% 0.45% -2.85%
-0.36% -1.38% -0.83% -0.74% -0.80% 2.07% -2.15%
-0.34% -0.59% -0.72% 0.23% -0.49% -0.32% -1.08%
 2.88% -1.44% 0.20% -0.83% -1.14% -0.14% -1.34%
-0.36% 0.80% -0.33% -1.14% 0.55% -0.90% 0.34%
-0.52% -1.60% -1.26% -0.75% 0.09% -2.46% -0.72%
0.28% 0.97% -0.98% 0.74% -0.08% -0.11% -1.03%
-0.02% 2.15% 6.75% -2.42% 1.55% -2.16% -0.40%
-0.92% 1.43% 1.03% -2.99% -0.49% 0.81% -4.00%
-0.62% 0.90% 0.44% -2.75% 0.15% -1.39% -1.96%
0.21% -3.47% 3.61% 3.38% -0.31% -0.41% 1.34%
-0.76% 0.60% -0.06% -1.70% -0.56% -2.78% 0.04%
0.66% -0.64% -1.62% -0.12% -0.74% 0.54% -0.96%
-1.77% 0.38% -0.07% -3.22% -1.43% 1.11% -2.25%
-0.04% -1.28% -0.79% 0.78% 0.54% -0.88% 0.60%
-0.25% -0.05% 0.54% 0.57% 0.29% -1.05% 2.27%
1.53% -0.51% -0.48% -0.39% 0.86% -1.80% 0.44%
0.20% -1.15% -2.55% -0.64% -0.30% -1.02% 0.83%
1.76% 0.01% 0.56% -0.99% 1.10% -1.84% 0.29%
-2.11% 1.07% -0.63% 0.30% 0.33% 0.81% 1.61%
0.39% -0.28% 0.62% -0.42% -0.64% 0.06% 1.27%
1.81% 0.06% 0.14% -0.17% 0.71% 0.09% -0.01%
1.48% -0.97% 1.11% -1.39% 2.49% -2.92% -0.43%
1.40% -0.62% -0.20% -0.83% 2.96% 1.92% -0.14%
-0.16% -3.46% -1.01% -1.84% -1.62% -0.20% -1.66%
1.50% 0.11% -0.35% -1.69% 1.88% 3.70% 0.41%
-1.67% 0.50% -1.42% 4.03% -0.27% 3.27% -2.61%
2.84% -2.54% -1.36% 0.13% -3.89% -3.81% 0.35%
0.25% -0.14% -1.25% -2.06% 1.62% 0.31% 2.55%
-0.77% -1.82% -0.09% -1.97% -3.39% -6.14% -4.44%
2.72% -1.01% -0.09% -1.06% 1.84% 0.55% 0.88%
2.84% 2.85% 0.31% -3.23% -2.23% -1.65% -7.88%
7.84% -2.05% -0.18% -5.14% -4.68% -6.71% -21.29%
-2.60% 1.77% 0.92% -1.19% -4.67% 1.59% 5.65%
0.43% -0.48% -0.59% 1.66% -3.58% -5.60% 0.78%
0.49% -3.91% -3.76% -2.15% -7.66% -6.11% 4.06%
0.34% 2.15% -4.00% -6.38% 4.02% 4.27% -2.66%
6.12% 5.16% 4.19% 2.76% -11.03% -6.52% -1.25%
5.25% -7.39% 1.54% 0.69% -8.85% -0.60% -11.61%
8.07% 0.13% 2.37% -5.24% -15.09% -8.29% -13.93%
-3.06% 6.21% -3.62% 3.41% 0.60% 3.61% 12.64%
-0.26% -5.47% -0.63% -0.60% 0.07% 4.23% -3.91%
3.24% 2.72% 2.32% -1.05% -4.24% -3.65% 1.75%
-8.31% 4.50% 1.74% 2.98% -4.86% 6.84% -6.94%
-6.17% 1.48% -0.80% 3.94% 14.76% 5.91% 0.84%
-5.67% -1.56% 0.38% -2.03% 8.52% -4.20% -11.10%
3.21% -5.46% -0.97% -1.51% -1.79% -7.52% -4.32%
1.70% 0.17% 1.14% -1.82% -6.24% -2.37% -8.82%
Alpha Diario 0.05% -0.04% -0.02% -0.21% -0.12% -0.27% -0.29%
Alpha Anual 14.24% -10.21% -5.15% -41.60% -26.36% -49.93% -51.35%

Tracking Error Diario 1.44% 1.52% 1.16% 1.21% 2.16% 2.26% 2.72%
Tracking Error Anual 22.86% 24.10% 18.45% 19.20% 34.33% 35.95% 43.13%

Alpha Anual Participacion

Walmart 14.24% 85.62%
Disney -10.21% 4.95%
IBM -5.15% 5.79%
Exxon -41.60% 0.00%
Grupo Aval -26.36% 3.37%
Banco
Santander
de Brasil -49.93% 0.27%

US Oil
-51.35% 0.00%
Gas -89.07% 0.00%
100.00%
Alpha del Portafolio
10.37%
Gas

-0.68%
6.46%
-9.12%
3.11%
1.22%
-2.03%
13.72%
28.39%
-6.77%
-5.13%
-0.23%
-0.19%
-20.37%
-3.96%
6.71%
3.65%
-19.19%
1.35%
-5.08%
-4.15%
-10.65%
-9.22%
2.09%
-1.18%
-11.72%
4.21%
4.30%
0.70%
-6.86%
-2.46%
3.75%
3.74%
-1.67%
5.65%
-0.70%
8.87%
-3.85%
3.52%
0.17%
3.59%
1.11%
3.55%
 -3.50%
2.61%
-0.12%
-10.37%
1.49%
2.25%
1.96%
-6.02%
4.68%
1.22%
-2.17%
-2.38%
-3.69%
-0.19%
-3.18%
-2.22%
-0.81%
-6.50%
2.41%
-1.34%
-2.26%
-3.61%
2.59%
4.22%
0.38%
-1.31%
-2.82%
-2.61%
-7.15%
-2.07%
-7.42%
-2.43%
2.92%
-8.11%
0.22%
4.55%
4.82%
0.97%
-2.19%
4.93%
-3.04%
-3.82%
-3.35%
2.99%
7.49%
 -1.61%
3.23%
2.05%
2.31%
-5.66%
2.82%
-0.76%
4.71%
-6.33%
-9.21%
3.81%
1.66%
-1.76%
4.90%
-7.57%
-11.09%
-6.62%
0.14%
-6.60%
-5.82%
-0.52%
1.93%
4.61%
-2.31%
-6.51%
7.30%
-2.36%
-7.98%
-6.04%
-12.59%
-1.82%
13.90%
-1.23%
0.90%
5.86%
-1.36%
-7.64%
-3.61%
4.94%
15.25%
0.27%
1.62%
2.90%
-5.65%
5.33%
 -6.58%
-10.95%
-0.85%
-3.11%
-3.90%
6.99%
-3.50%
-8.73%
1.79%
-9.01%
-6.09%
2.88%
14.79%
-9.17%
-3.68%
-5.22%
1.84%
-2.86%
3.15%
0.09%
0.00%
4.06%
3.21%
7.79%
-4.66%
-0.83%
2.49%
-6.30%
-2.77%
2.71%
8.00%
-3.89%
4.21%
5.69%
-1.35%
8.72%
10.35%
-1.29%
5.83%
12.21%
-1.21%
-5.02%
2.15%
6.23%
7.22%
 -3.83%
-3.92%
-9.44%
-1.78%
-0.14%
-3.39%
-1.20%
-8.46%
-5.45%
-10.10%
-3.04%
-2.73%
8.97%
0.14%
-5.47%
-0.44%
-7.95%
-4.60%
4.64%
4.69%
2.87%
-5.57%
3.73%
3.35%
-11.35%
-0.18%
-2.64%
4.31%
-1.09%
10.98%
6.92%
6.85%
-6.43%
6.59%
12.14%
5.46%
-4.95%
-4.16%
-0.63%
-17.02%
-1.70%
4.00%
-3.96%
1.79%
-14.27%
 -5.17%
4.73%
2.27%
7.66%
-15.16%
-6.39%
-4.16%
-23.73%
1.73%
12.84%
-4.30%
0.44%
-9.90%
-12.67%
1.68%
-3.45%
9.58%
-4.68%
5.07%
-3.51%
-5.10%
0.87%
3.68%
-12.26%
-2.73%
7.42%
-3.05%
-6.96%
-1.51%
-7.97%
-0.57%
3.60%
0.77%
-1.02%
0.41%
5.30%
-2.22%
-1.63%
-8.72%
-7.07%
-10.20%
-13.30%
1.49%
0.59%
-6.15%
 2.10%
4.13%
-5.11%
-7.39%
2.93%
-4.25%
7.57%
-2.11%
-1.40%
-1.45%
-14.98%
3.22%
7.68%
-2.93%
-0.07%
14.47%
2.61%
-7.46%
-0.67%
-6.26%
1.67%
-3.50%
-10.06%
-8.03%
5.73%
10.27%
1.53%
-8.45%
-6.16%
24.35%
10.86%
-3.58%
2.85%
-0.18%
-2.55%
-19.10%
-10.85%
7.07%
-8.61%
5.45%
2.81%
-4.09%
-11.64%
0.57%
0.12%
 -0.87%
-89.07%

6.59%
104.56%
Date S&P 500 Walmart Disney IBM Exxon Grupo Aval
1/2/2019 2,510.03 93.34 108.97 115.21 69.69 6.07
1/3/2019 2,447.89 92.86 106.33 112.91 68.62 6.11
1/4/2019 2,531.94 93.44 109.61 117.32 71.15 6.45
1/7/2019 2,549.69 94.54 110.56 118.15 71.52 6.46
1/8/2019 2,574.41 95.20 111.42 119.83 72.04 6.49
1/9/2019 2,584.96 94.89 112.67 120.69 72.42 6.59
1/10/2019 2,596.64 94.96 112.80 121.79 72.05 6.81
1/11/2019 2,596.26 94.84 112.65 121.46 71.72 6.84
1/14/2019 2,582.61 94.95 112.42 120.39 71.63 6.86
1/15/2019 2,610.30 96.25 111.76 121.73 71.67 6.81
1/16/2019 2,616.10 96.35 110.91 121.62 71.64 6.86
1/17/2019 2,635.96 96.74 111.01 122.19 72.13 6.78
1/18/2019 2,670.71 97.73 111.04 123.82 72.99 6.74
1/22/2019 2,632.90 97.49 110.60 122.52 71.89 6.59
1/23/2019 2,638.70 98.71 111.12 132.89 71.30 6.55
1/24/2019 2,642.33 98.36 110.55 132.53 71.40 6.70
1/25/2019 2,664.76 96.94 111.09 133.97 71.72 6.84
1/28/2019 2,643.85 97.06 110.81 134.27 71.24 6.81
1/29/2019 2,640.00 96.71 110.90 134.33 71.51 6.83
1/30/2019 2,681.05 94.80 110.13 134.38 72.29 6.83
1/31/2019 2,704.10 95.83 111.52 134.42 73.28 6.93
2/1/2019 2,706.53 93.86 111.30 134.10 75.92 6.88
2/4/2019 2,724.87 94.77 111.80 135.19 74.82 7.10
2/5/2019 2,737.70 95.60 112.66 135.55 75.59 7.17
2/6/2019 2,731.61 95.64 111.41 136.32 75.26 7.13
2/7/2019 2,706.05 96.73 110.95 133.19 74.68 7.09
2/8/2019 2,707.88 95.58 111.51 133.71 73.98 7.06
2/11/2019 2,709.80 96.20 109.44 133.99 74.10 7.06
2/12/2019 2,744.73 96.97 109.20 136.05 75.40 7.14
2/13/2019 2,753.03 97.94 110.20 137.52 76.25 7.11
2/14/2019 2,745.73 98.52 110.66 136.48 76.27 7.12
2/15/2019 2,775.60 99.99 112.59 138.03 77.71 7.19
2/19/2019 2,779.76 102.20 113.51 138.70 78.23 7.30
2/20/2019 2,784.70 99.88 113.68 138.00 78.53 7.27
2/21/2019 2,774.88 99.39 114.29 137.84 77.82 7.27
2/22/2019 2,792.67 99.55 115.25 139.25 78.42 7.38
2/25/2019 2,796.11 99.12 113.59 139.46 78.50 7.51
2/26/2019 2,793.90 98.69 113.50 139.72 78.66 7.65
2/27/2019 2,792.38 98.11 112.78 139.17 79.47 7.52
2/28/2019 2,784.49 98.99 112.84 138.13 79.03 7.73
3/1/2019 2,803.69 97.93 114.01 139.20 80.00 7.60
3/4/2019 2,792.81 97.85 114.33 138.43 80.31 7.55
3/5/2019 2,789.65 98.34 114.00 137.88 80.19 7.53
 3/6/2019 2,771.45 98.26 114.85 136.98 79.28 7.68
3/7/2019 2,748.93 97.45 114.01 135.36 80.16 7.57
3/8/2019 2,743.07 97.59 113.81 135.09 79.01 7.54
3/11/2019 2,783.30 98.48 114.75 137.71 79.78 7.53
3/12/2019 2,791.52 98.37 114.73 138.28 80.00 7.64
3/13/2019 2,810.92 99.03 114.09 138.56 80.71 7.55
3/14/2019 2,808.48 98.22 114.48 138.79 80.44 7.63
3/15/2019 2,822.48 98.42 114.96 139.43 80.15 7.66
3/18/2019 2,832.94 99.66 113.12 140.21 81.08 7.80
3/19/2019 2,832.57 99.85 110.00 140.49 80.87 7.88
3/20/2019 2,824.23 98.64 109.99 139.60 81.32 7.88
3/21/2019 2,854.88 99.06 108.66 141.44 81.79 7.81
3/22/2019 2,800.71 98.28 108.23 139.45 80.48 7.75
3/25/2019 2,798.36 98.17 107.79 139.18 79.92 7.65
3/26/2019 2,818.46 98.32 110.14 140.22 80.96 7.69
3/27/2019 2,805.37 97.21 110.28 139.24 80.34 7.66
3/28/2019 2,815.44 97.13 110.71 139.92 80.74 7.66
3/29/2019 2,834.40 97.53 111.03 141.10 80.80 7.79
4/1/2019 2,867.19 97.82 112.51 143.30 81.73 7.82
4/2/2019 2,867.24 96.94 111.96 143.00 81.38 7.78
4/3/2019 2,873.40 97.19 112.52 143.63 80.90 7.80
4/4/2019 2,879.39 98.11 114.75 142.78 82.05 7.90
4/5/2019 2,892.74 98.83 115.00 143.28 82.49 7.98
4/8/2019 2,895.77 99.23 114.96 143.39 83.00 8.16
4/9/2019 2,878.20 98.69 116.86 142.11 81.93 8.45
4/10/2019 2,888.21 99.60 117.16 143.02 81.56 8.42
4/11/2019 2,888.32 100.80 116.60 143.78 81.95 8.40
4/12/2019 2,907.41 101.56 130.06 144.35 80.92 8.34
4/15/2019 2,905.58 102.43 132.04 143.90 80.65 8.26
4/16/2019 2,907.06 102.93 129.90 145.14 81.20 8.22
4/17/2019 2,900.45 103.16 131.75 139.11 81.43 8.33
4/18/2019 2,905.03 103.18 132.45 140.33 81.13 8.24
4/22/2019 2,907.97 102.37 131.68 138.89 82.90 8.22
4/23/2019 2,933.68 103.07 133.36 140.44 83.38 8.24
4/24/2019 2,927.25 103.53 135.10 139.95 81.76 8.06
4/25/2019 2,926.17 103.52 137.24 138.63 82.22 8.02
4/26/2019 2,939.88 101.53 139.92 139.44 80.49 8.01
4/29/2019 2,943.03 101.56 139.30 139.05 79.97 8.01
4/30/2019 2,945.83 102.84 136.97 140.27 80.28 7.86
5/1/2019 2,923.73 101.36 136.38 140.56 78.67 7.87
5/2/2019 2,917.52 101.15 134.14 139.59 77.29 7.83
5/3/2019 2,945.64 102.08 134.33 140.25 77.47 7.85
5/6/2019 2,932.47 102.46 135.00 140.38 77.13 7.77
5/7/2019 2,884.05 101.30 133.44 137.64 76.72 7.72
5/8/2019 2,879.42 100.30 134.99 138.00 76.84 7.72
 5/9/2019 2,870.72 99.54 133.59 135.34 76.77 7.65
5/10/2019 2,881.40 101.91 134.04 135.32 76.56 7.59
5/13/2019 2,811.87 99.89 131.34 131.42 75.71 7.41
5/14/2019 2,834.41 100.29 133.20 133.31 75.81 7.33
5/15/2019 2,850.96 99.88 134.68 134.40 76.37 7.21
5/16/2019 2,876.32 101.31 135.50 135.88 76.36 7.10
5/17/2019 2,859.53 100.86 135.04 134.32 75.91 7.02
5/20/2019 2,840.23 101.52 133.91 135.12 75.90 7.01
5/21/2019 2,864.36 101.12 134.09 136.45 76.25 7.12
5/22/2019 2,856.27 102.23 133.85 136.35 75.56 7.17
5/23/2019 2,822.24 101.86 132.73 132.39 73.79 6.94
5/24/2019 2,826.06 102.67 132.79 132.28 74.10 7.12
5/28/2019 2,802.39 102.42 132.62 130.46 72.61 6.87
5/29/2019 2,783.02 102.12 131.57 129.69 72.16 6.98
5/30/2019 2,788.86 102.19 132.20 129.57 71.97 7.01
5/31/2019 2,752.06 101.44 132.04 126.99 70.77 6.93
6/3/2019 2,744.45 101.96 132.47 128.27 71.88 7.01
6/4/2019 2,803.27 102.56 134.82 132.69 73.59 7.04
6/5/2019 2,826.15 104.42 135.94 131.49 72.98 6.94
6/6/2019 2,843.49 105.11 137.21 132.22 74.31 6.96
6/7/2019 2,873.34 106.06 138.04 133.31 74.58 7.09
6/10/2019 2,886.73 107.52 137.07 134.74 74.91 7.20
6/11/2019 2,885.72 107.94 135.08 135.95 74.84 7.23
6/12/2019 2,879.84 108.82 135.72 134.87 74.03 7.25
6/13/2019 2,891.64 108.65 141.74 135.76 74.68 7.41
6/14/2019 2,886.98 109.07 141.65 135.15 74.35 7.42
6/17/2019 2,889.67 109.16 140.97 134.95 75.09 7.39
6/18/2019 2,917.75 109.65 139.24 136.38 75.74 7.59
6/19/2019 2,926.46 109.62 140.92 137.08 75.32 7.62
6/20/2019 2,954.18 110.32 142.02 138.85 76.61 7.78
6/21/2019 2,950.46 111.13 140.23 139.20 77.69 7.64
6/24/2019 2,945.35 111.24 139.22 139.35 76.95 7.83
6/25/2019 2,917.38 110.72 139.94 138.36 76.27 7.88
6/26/2019 2,913.78 110.16 140.40 138.52 76.60 7.84
6/27/2019 2,924.92 110.10 139.30 138.52 75.82 7.86
6/28/2019 2,941.76 110.49 139.64 137.90 76.63 7.97
7/1/2019 2,964.33 110.62 141.65 139.88 76.56 8.00
7/2/2019 2,973.01 111.60 142.53 140.22 75.72 7.87
7/3/2019 2,995.82 112.32 142.98 141.54 76.44 7.89
7/5/2019 2,990.41 111.98 142.45 141.38 76.13 8.23
7/8/2019 2,975.95 112.72 141.02 140.57 76.48 8.03
7/9/2019 2,979.63 112.88 141.61 139.33 76.43 8.13
7/10/2019 2,993.07 112.98 143.54 140.47 77.51 8.13
7/11/2019 2,999.91 113.92 143.56 141.24 77.57 8.09
7/12/2019 3,013.77 114.60 144.88 142.74 77.63 8.00
7/15/2019 3,014.30 114.98 145.06 143.32 77.08 8.10
7/16/2019 3,004.04 114.76 144.30 143.53 75.93 8.16
7/17/2019 2,984.42 114.60 142.57 143.07 75.48 8.21
7/18/2019 2,995.11 114.72 141.63 149.63 74.84 8.09
7/19/2019 2,976.61 113.90 139.85 149.68 74.99 8.11
7/22/2019 2,985.03 112.82 140.84 149.74 75.07 8.14
7/23/2019 3,005.47 112.09 141.26 150.38 75.37 8.14
7/24/2019 3,019.56 112.00 141.29 150.03 75.36 8.12
7/25/2019 3,003.67 112.22 143.21 150.39 74.93 7.88
7/26/2019 3,025.86 113.02 144.65 151.36 74.81 7.92
7/29/2019 3,020.97 112.27 146.39 150.88 75.34 7.86
7/30/2019 3,013.18 112.06 144.93 149.77 75.35 7.54
7/31/2019 2,980.38 110.38 143.01 148.24 74.36 7.51
8/1/2019 2,953.56 109.38 141.85 150.32 72.46 7.45
8/2/2019 2,932.05 109.40 141.71 147.25 71.75 7.39
8/5/2019 2,844.74 105.82 138.30 140.76 70.28 7.07
8/6/2019 2,881.77 107.27 141.87 140.73 70.96 7.18
8/7/2019 2,883.98 108.20 134.86 139.11 70.50 7.32
8/8/2019 2,938.09 108.52 137.89 140.10 72.38 7.36
8/9/2019 2,918.65 107.28 138.52 136.13 70.84 7.35
8/12/2019 2,882.70 105.22 135.75 134.12 69.63 7.24
8/13/2019 2,926.32 107.41 137.01 135.79 70.49 7.40
8/14/2019 2,840.60 106.20 132.85 131.25 67.65 7.08
8/15/2019 2,847.60 112.69 133.41 131.92 67.25 7.14
8/16/2019 2,888.68 112.99 135.20 133.76 68.30 7.22
8/19/2019 2,923.65 113.81 135.29 135.04 69.45 7.17
8/20/2019 2,900.51 112.05 135.13 133.00 69.03 7.30
8/21/2019 2,924.43 112.02 135.76 134.25 69.72 7.47
8/22/2019 2,922.95 111.91 136.08 134.32 69.57 7.32
8/23/2019 2,847.11 110.83 131.67 129.57 67.49 7.15
8/26/2019 2,878.38 111.99 134.61 129.99 67.85 7.19
8/27/2019 2,869.16 112.42 134.49 131.17 67.19 7.00
8/28/2019 2,887.94 112.72 136.55 132.76 67.68 7.10
8/29/2019 2,924.58 114.08 137.84 134.88 68.43 7.31
8/30/2019 2,926.46 114.26 137.26 135.53 68.48 7.33
9/3/2019 2,906.27 114.64 136.31 134.10 68.56 7.35
9/4/2019 2,937.78 115.91 137.89 136.32 69.29 7.41
9/5/2019 2,976.00 115.44 138.84 140.97 70.27 7.46
9/6/2019 2,978.71 114.73 139.55 140.57 70.93 7.47
9/9/2019 2,978.43 116.33 138.83 142.60 71.49 7.45
9/10/2019 2,979.39 116.05 135.79 145.05 72.07 7.40
9/11/2019 3,000.93 116.02 136.19 143.60 71.93 7.56
9/12/2019 3,009.57 116.92 137.50 143.62 71.98 7.67
9/13/2019 3,007.39 117.43 138.02 143.67 72.64 7.63
9/16/2019 2,997.96 115.57 135.80 142.48 73.73 7.71
 9/17/2019 3,005.70 116.51 136.31 142.20 73.17 7.56
9/18/2019 3,006.73 117.16 136.80 142.22 72.82 7.64
9/19/2019 3,006.79 117.11 133.30 142.97 72.33 7.65
9/20/2019 2,992.07 116.98 132.27 141.88 72.08 7.55
9/23/2019 2,991.78 117.62 132.46 142.07 72.13 7.57
9/24/2019 2,966.60 118.40 131.97 141.68 71.14 7.58
9/25/2019 2,984.87 118.47 133.09 143.16 71.35 7.54
9/26/2019 2,977.62 118.30 131.27 143.55 70.97 7.51
9/27/2019 2,961.79 118.45 129.96 143.24 71.48 7.42
9/30/2019 2,976.74 118.68 130.32 145.42 70.61 7.46
10/1/2019 2,940.25 117.85 129.55 143.66 68.95 7.40
10/2/2019 2,887.61 116.12 129.14 141.69 67.15 7.38
10/3/2019 2,910.63 116.31 128.15 142.02 67.98 7.47
10/4/2019 2,952.01 118.16 130.27 142.99 68.97 7.61
10/7/2019 2,938.79 117.23 130.90 141.28 68.02 7.55
10/8/2019 2,893.06 117.58 128.47 138.38 66.70 7.39
10/9/2019 2,919.40 118.93 129.33 139.67 67.44 7.52
10/10/2019 2,938.13 119.61 129.34 141.13 68.25 7.44
10/11/2019 2,970.27 120.24 130.02 142.76 68.98 7.49
10/14/2019 2,966.15 119.17 129.70 142.04 69.18 7.43
10/15/2019 2,995.68 119.53 129.76 143.00 69.42 7.36
10/16/2019 2,989.69 119.42 130.86 142.11 68.23 7.40
10/17/2019 2,997.95 119.84 132.37 134.26 68.14 7.45
10/18/2019 2,986.20 119.14 130.89 134.09 67.61 7.50
10/21/2019 3,006.72 119.74 130.26 132.58 68.74 7.48
10/22/2019 2,995.99 119.58 132.40 133.96 69.09 7.73
10/23/2019 3,004.52 119.35 131.13 134.38 69.75 7.67
10/24/2019 3,010.29 119.10 130.26 134.07 69.09 7.82
10/25/2019 3,022.55 119.04 130.90 135.44 69.25 7.92
10/28/2019 3,039.42 119.22 130.53 135.97 68.64 7.99
10/29/2019 3,036.89 117.15 129.48 133.82 68.44 8.18
10/30/2019 3,046.77 118.10 129.60 135.25 67.72 8.15
10/31/2019 3,037.56 117.26 129.92 133.73 67.57 8.15
11/1/2019 3,066.91 117.62 132.75 135.53 69.60 8.35
11/4/2019 3,078.27 117.57 132.92 137.67 71.67 8.34
11/5/2019 3,074.62 118.86 131.45 137.89 73.09 8.47
11/6/2019 3,076.78 119.50 131.27 138.78 71.49 8.36
11/7/2019 3,085.18 120.23 132.96 137.69 73.01 8.39
11/8/2019 3,093.08 119.44 137.96 137.61 70.77 8.38
11/11/2019 3,087.01 119.04 136.74 135.47 70.34 8.44
11/12/2019 3,091.84 119.12 138.58 135.59 69.37 8.36
11/13/2019 3,094.04 120.98 148.72 134.48 68.80 8.06
11/14/2019 3,096.63 120.65 147.15 134.00 68.50 8.02
11/15/2019 3,120.46 118.87 144.67 134.40 69.19 8.20
11/18/2019 3,122.03 120.25 147.65 134.31 68.52 8.29
11/19/2019 3,120.18 119.89 148.38 134.52 67.82 8.21
11/20/2019 3,108.46 119.13 146.93 133.20 68.03 8.11
11/21/2019 3,103.54 119.86 146.90 133.84 69.67 7.96
11/22/2019 3,110.29 119.36 148.29 134.34 69.37 8.02
11/25/2019 3,133.64 118.92 149.69 135.97 68.91 7.96
11/26/2019 3,140.52 119.19 151.64 135.09 68.74 7.76
11/27/2019 3,153.63 118.76 151.48 133.77 68.70 7.80
11/29/2019 3,140.98 119.09 151.58 134.45 68.13 7.98
12/2/2019 3,113.87 119.28 150.62 132.91 68.42 7.98
12/3/2019 3,093.20 118.67 148.58 132.12 67.88 8.10
12/4/2019 3,112.76 118.69 148.28 131.99 68.65 8.05
12/5/2019 3,117.43 118.66 147.44 131.91 68.41 8.10
12/6/2019 3,145.91 119.78 147.66 133.22 69.51 8.25
12/9/2019 3,135.96 119.36 146.21 133.92 69.66 8.24
12/10/2019 3,132.52 119.14 146.10 133.91 69.06 8.25
12/11/2019 3,141.63 119.00 147.59 133.76 68.96 8.31
12/12/2019 3,168.57 119.76 147.76 135.32 70.34 8.38
12/13/2019 3,168.80 120.29 146.38 134.21 69.23 8.38
12/16/2019 3,191.45 120.54 148.46 134.13 70.00 8.39
12/17/2019 3,192.52 121.28 147.73 134.22 69.68 8.42
12/18/2019 3,191.14 119.86 146.26 134.41 69.87 8.50
12/19/2019 3,205.37 120.08 146.15 134.56 69.39 8.60
12/20/2019 3,221.22 120.29 146.88 135.59 69.94 8.60
12/23/2019 3,224.01 119.03 144.68 135.55 70.29 8.76
12/24/2019 3,223.38 119.51 145.29 134.98 70.02 8.71
12/26/2019 3,239.91 119.52 145.70 134.91 70.13 8.77
12/27/2019 3,240.02 119.59 145.75 135.27 69.89 8.72
12/30/2019 3,221.29 119.40 143.77 132.81 69.48 8.65
12/31/2019 3,230.78 118.84 144.63 134.04 69.78 8.72
1/2/2020 3,257.85 118.94 148.20 135.42 70.90 8.80
1/3/2020 3,234.85 117.89 146.50 134.34 70.33 8.81
1/6/2020 3,246.28 117.65 145.65 134.10 70.87 8.84
1/7/2020 3,237.18 116.56 145.70 134.19 70.29 8.76
1/8/2020 3,253.05 116.16 145.40 135.31 69.23 8.86
1/9/2020 3,274.70 117.36 144.83 136.74 69.76 8.85
1/10/2020 3,265.35 116.38 144.62 136.69 69.14 8.84
1/13/2020 3,288.13 115.88 143.88 136.60 69.80 8.85
1/14/2020 3,283.15 116.18 145.20 135.82 69.20 8.88
1/15/2020 3,289.29 115.28 144.32 136.62 69.09 8.78
1/16/2020 3,316.81 115.90 145.12 137.98 68.82 8.68
1/17/2020 3,329.62 114.96 144.33 138.31 68.56 8.68
1/21/2020 3,320.79 115.59 143.56 139.17 67.58 8.60
1/22/2020 3,321.75 116.10 144.01 143.89 67.19 8.73
1/23/2020 3,325.54 115.81 142.20 142.87 66.77 8.67
1/24/2020 3,295.47 114.37 140.08 140.56 66.32 8.55
1/27/2020 3,243.63 115.86 135.90 138.62 64.74 8.32
1/28/2020 3,276.24 116.60 138.37 139.55 64.65 8.45
1/29/2020 3,273.40 115.89 136.06 137.69 64.11 8.45
1/30/2020 3,283.66 116.58 137.81 136.77 64.79 8.47
1/31/2020 3,225.52 114.49 138.31 143.73 62.12 8.45
2/3/2020 3,248.92 114.27 141.32 146.27 60.73 8.47
2/4/2020 3,297.59 115.27 144.73 149.11 59.97 8.61
2/5/2020 3,334.69 116.81 141.37 156.33 62.73 8.68
2/6/2020 3,345.78 116.31 142.70 156.76 61.88 8.66
2/7/2020 3,327.71 116.45 141.02 153.41 61.47 8.55
2/10/2020 3,352.09 115.25 142.59 154.43 59.96 8.49
2/11/2020 3,357.75 115.40 141.01 153.48 60.53 8.55
2/12/2020 3,379.45 115.85 141.85 155.31 61.27 8.63
2/13/2020 3,373.94 117.44 140.90 154.31 60.93 8.69
2/14/2020 3,380.16 117.89 139.54 150.70 60.65 8.68
2/18/2020 3,370.29 119.63 139.14 151.10 59.88 8.75
2/19/2020 3,386.15 117.68 141.30 150.86 60.34 8.82
2/20/2020 3,373.23 117.69 140.37 151.22 59.86 8.73
2/21/2020 3,337.75 118.58 138.97 149.84 59.13 8.70
2/24/2020 3,225.89 116.32 133.01 146.43 56.36 8.62
2/25/2020 3,128.21 114.39 128.19 141.71 54.20 8.61
2/26/2020 3,116.39 113.78 123.36 139.75 53.01 8.44
2/27/2020 2,978.76 110.40 118.04 133.11 49.82 8.22
2/28/2020 2,954.22 107.68 117.65 130.15 51.44 8.13
3/2/2020 3,090.23 115.88 119.98 134.30 53.88 8.18
3/3/2020 3,003.37 112.91 116.45 128.90 51.30 8.08
3/4/2020 3,130.12 116.77 119.18 134.22 52.42 8.14
3/5/2020 3,023.94 115.92 113.98 129.55 50.11 8.01
3/6/2020 2,972.37 117.23 115.27 127.73 47.69 7.70
3/9/2020 2,746.56 117.16 104.35 117.81 41.86 6.79
3/10/2020 2,882.23 119.79 111.46 124.77 43.41 6.80
3/11/2020 2,741.38 114.43 105.51 117.97 41.98 6.24
3/12/2020 2,480.64 104.05 91.81 102.81 37.18 5.23
3/13/2020 2,711.02 114.10 102.52 107.95 38.12 5.95
3/16/2020 2,386.13 106.76 95.01 99.08 34.49 4.69
3/17/2020 2,529.19 119.26 93.53 106.65 36.81 4.55
3/18/2020 2,398.10 122.58 88.80 103.55 33.12 3.71
3/19/2020 2,409.39 119.45 94.93 100.34 34.43 3.75
3/20/2020 2,304.92 113.97 85.98 95.39 32.74 3.59
3/23/2020 2,237.40 114.28 85.76 94.77 31.45 3.34
3/24/2020 2,447.33 115.03 98.12 105.48 35.44 3.48
3/25/2020 2,475.56 109.40 100.73 105.85 37.29 4.08
3/26/2020 2,630.07 109.82 105.36 112.89 38.82 4.72
3/27/2020 2,541.47 109.58 96.40 108.03 36.95 4.48
3/30/2020 2,626.65 115.19 99.80 112.93 37.50 4.35
vr´2= beta p´2*var indice + (part´2*riesgo anual)
 Banco
Santander de US Oil Gas S&P 500 Walmart Disney
Brasil
12.16 9.85 391.70
12.39 9.95 379.40 -2.51% -0.52% -2.45%
12.8 10.18 418.60 3.38% 0.62% 3.04%
12.75 10.29 384.80 0.70% 1.17% 0.86%
12.55 10.50 400.80 0.96% 0.70% 0.77%
12.74 11.05 407.40 0.41% -0.33% 1.12%
12.78 11.10 401.00 0.45% 0.07% 0.12%
12.77 10.90 459.90 -0.01% -0.13% -0.13%
13.02 10.69 607.70 -0.53% 0.12% -0.20%
12.6 11.00 574.00 1.07% 1.36% -0.59%
12.55 11.06 546.50 0.22% 0.10% -0.76%
12.62 11.03 549.40 0.76% 0.40% 0.09%
12.87 11.31 555.60 1.31% 1.02% 0.03%
12.63 11.12 446.80 -1.43% -0.25% -0.40%
13.25 11.05 430.40 0.22% 1.24% 0.47%
13.14 11.17 460.90 0.14% -0.36% -0.51%
13.2 11.25 482.10 0.85% -1.45% 0.49%
13.17 10.95 394.80 -0.79% 0.12% -0.25%
13.2 11.16 399.60 -0.15% -0.36% 0.08%
13.05 11.40 385.70 1.54% -1.99% -0.70%
13.3 11.35 373.20 0.86% 1.08% 1.25%
13.3 11.63 335.80 0.09% -2.08% -0.20%
13.7 11.50 308.30 0.68% 0.96% 0.45%
13.56 11.29 316.30 0.47% 0.87% 0.77%
12.88 11.32 311.90 -0.22% 0.04% -1.12%
12.87 11.07 274.80 -0.94% 1.13% -0.41%
13.1 11.08 286.80 0.07% -1.20% 0.50%
12.87 11.01 299.60 0.07% 0.65% -1.87%
13.18 11.16 305.60 1.28% 0.80% -0.22%
12.78 11.34 286.20 0.30% 1.00% 0.91%
13.17 11.48 278.50 -0.27% 0.59% 0.42%
13.26 11.71 292.30 1.08% 1.48% 1.73%
13.28 11.78 303.90 0.15% 2.19% 0.81%
12.99 11.93 299.40 0.18% -2.30% 0.15%
12.92 11.88 315.70 -0.35% -0.49% 0.54%
12.93 11.95 315.50 0.64% 0.16% 0.84%
12.7 11.57 345.20 0.12% -0.43% -1.45%
12.65 11.63 331.90 -0.08% -0.43% -0.08%
12.49 11.89 343.60 -0.05% -0.59% -0.64%
11.98 11.95 343.20 -0.28% 0.89% 0.05%
11.75 11.66 358.20 0.69% -1.08% 1.03%
11.78 11.80 360.80 -0.39% -0.08% 0.28%
11.79 11.82 373.40 -0.11% 0.50% -0.29%
11.39 11.75 358.20 -0.65% -0.08% 0.74%
11.37 11.81 364.70 -0.82% -0.83% -0.73%
11.5 11.73 363.50 -0.21% 0.14% -0.18%
11.94 11.86 332.50 1.46% 0.91% 0.82%
11.97 11.89 338.50 0.29% -0.11% -0.02%
12.36 12.19 348.60 0.69% 0.67% -0.56%
12.13 12.22 355.20 -0.09% -0.82% 0.34%
12.09 12.20 336.10 0.50% 0.20% 0.42%
12.33 12.31 353.50 0.37% 1.25% -1.61%
12.2 12.28 357.80 -0.01% 0.19% -2.80%
12.08 12.50 349.10 -0.29% -1.22% -0.01%
11.71 12.44 344.60 1.08% 0.42% -1.22%
11.07 12.23 325.80 -1.92% -0.79% -0.40%
11.3 12.25 324.90 -0.08% -0.11% -0.41%
11.42 12.47 317.00 0.72% 0.15% 2.16%
10.58 12.34 308.60 -0.47% -1.14% 0.13%
11.08 12.35 307.20 0.36% -0.08% 0.39%
11.23 12.50 289.80 0.67% 0.41% 0.29%
11.52 12.82 300.30 1.15% 0.30% 1.32%
11.45 13.01 296.30 0.00% -0.90% -0.49%
11.3 12.99 290.30 0.21% 0.26% 0.50%
11.62 12.92 280.60 0.21% 0.94% 1.96%
11.83 13.15 289.30 0.46% 0.73% 0.22%
11.79 13.40 302.10 0.10% 0.40% -0.03%
11.64 13.33 301.40 -0.61% -0.55% 1.64%
11.76 13.41 298.50 0.35% 0.92% 0.26%
11.52 13.27 290.20 0.00% 1.20% -0.48%
11.45 13.30 284.60 0.66% 0.75% 10.92%
11.5 13.24 264.80 -0.06% 0.85% 1.51%
11.66 13.37 259.50 0.05% 0.49% -1.63%
11.19 13.28 240.40 -0.23% 0.22% 1.41%
11.45 13.32 235.00 0.16% 0.02% 0.53%
11.57 13.67 242.20 0.10% -0.79% -0.58%
11.71 13.79 225.30 0.88% 0.68% 1.27%
11.38 13.68 225.30 -0.22% 0.45% 1.30%
11.47 13.53 235.70 -0.04% -0.01% 1.57%
11.61 13.09 248.50 0.47% -1.94% 1.93%
11.6 13.23 251.20 0.11% 0.03% -0.44%
11.45 13.29 246.00 0.10% 1.25% -1.69%
11.33 13.22 256.50 -0.75% -1.45% -0.43%
11.37 12.82 248.30 -0.21% -0.21% -1.66%
11.46 12.87 241.30 0.96% 0.92% 0.14%
11.12 13.07 232.30 -0.45% 0.37% 0.50%
10.98 12.73 235.40 -1.66% -1.14% -1.16%
11.33 12.89 253.30 -0.16% -0.99% 1.15%
11.09 12.81 248.50 -0.30% -0.76% -1.04%
11.05 12.84 257.60 0.37% 2.35% 0.34%
10.58 12.68 256.60 -2.44% -2.00% -2.03%
10.92 12.87 264.70 0.80% 0.40% 1.41%
10.72 12.97 251.60 0.58% -0.41% 1.10%
10.4 13.14 261.10 0.89% 1.42% 0.61%
10.11 13.08 257.60 -0.59% -0.45% -0.34%
10.39 13.15 268.20 -0.68% 0.65% -0.84%
10.91 13.13 253.90 0.85% -0.39% 0.13%
10.79 12.74 230.90 -0.28% 1.09% -0.18%
10.56 12.09 237.00 -1.20% -0.36% -0.84%
10.66 12.23 241.30 0.14% 0.79% 0.05%
11 12.23 235.10 -0.84% -0.24% -0.13%
11.28 12.24 245.20 -0.69% -0.29% -0.79%
11.49 11.76 227.80 0.21% 0.07% 0.48%
11.52 11.10 201.20 -1.33% -0.74% -0.12%
11.53 10.99 187.80 -0.28% 0.51% 0.33%
11.7 11.16 192.10 2.12% 0.59% 1.76%
11.36 10.77 181.30 0.81% 1.80% 0.83%
11.49 11.06 172.10 0.61% 0.66% 0.93%
11.55 11.23 173.00 1.04% 0.90% 0.60%
11.39 11.11 177.20 0.46% 1.37% -0.71%
11.54 11.11 185.50 -0.03% 0.39% -1.46%
11.35 10.64 180.90 -0.20% 0.81% 0.47%
11.33 10.88 170.20 0.41% -0.16% 4.34%
11.07 10.94 182.80 -0.16% 0.39% -0.06%
11.06 10.81 178.70 0.09% 0.08% -0.48%
11.45 11.25 166.60 0.97% 0.45% -1.23%
11.58 11.33 157.30 0.30% -0.03% 1.20%
11.88 11.85 140.00 0.94% 0.64% 0.78%
11.8 11.97 137.30 -0.13% 0.73% -1.27%
12.02 12.01 157.50 -0.17% 0.10% -0.72%
11.69 12.00 154.10 -0.95% -0.47% 0.52%
11.78 12.29 155.30 -0.12% -0.51% 0.33%
11.83 12.29 165.30 0.38% -0.05% -0.79%
11.87 12.04 164.00 0.57% 0.35% 0.24%
11.92 12.28 153.10 0.76% 0.12% 1.43%
11.9 11.70 148.10 0.29% 0.88% 0.62%
12.06 11.77 156.80 0.76% 0.64% 0.32%
12.46 11.95 182.30 -0.18% -0.30% -0.37%
12.2 11.93 181.90 -0.48% 0.66% -1.01%
12.24 12.04 185.10 0.12% 0.14% 0.42%
12.39 12.53 191.40 0.45% 0.09% 1.35%
12.35 12.55 181.30 0.23% 0.83% 0.01%
12.37 12.52 192.10 0.46% 0.60% 0.92%
12.22 12.30 179.90 0.02% 0.33% 0.12%
12.31 12.07 160.70 -0.34% -0.19% -0.53%
12.41 11.75 158.30 -0.66% -0.14% -1.21%
12.8 11.56 154.00 0.36% 0.10% -0.66%
12.42 11.67 147.20 -0.62% -0.72% -1.26%
12.42 11.68 158.30 0.28% -0.95% 0.71%
12.31 11.81 153.90 0.68% -0.65% 0.30%
12.14 11.59 141.70 0.47% -0.08% 0.02%
11.86 11.60 143.50 -0.53% 0.20% 1.35%
11.98 11.65 132.10 0.74% 0.71% 1.00%
11.91 11.82 124.10 -0.16% -0.67% 1.20%
11.56 12.08 127.40 -0.26% -0.19% -1.00%
11.28 12.04 146.10 -1.09% -1.51% -1.33%
11.04 11.31 132.10 -0.90% -0.91% -0.81%
10.89 11.48 126.40 -0.73% 0.02% -0.10%
10.47 11.37 116.40 -3.02% -3.33% -2.44%
10.66 11.14 120.10 1.29% 1.36% 2.55%
10.86 10.84 116.80 0.08% 0.86% -5.07%
11.29 10.96 122.80 1.86% 0.30% 2.22%
11.12 11.28 122.10 -0.66% -1.15% 0.46%
10.87 11.36 120.60 -1.24% -1.94% -2.02%
10.98 11.87 127.50 1.50% 2.06% 0.92%
10.39 11.44 127.80 -2.97% -1.13% -3.08%
10.57 11.35 138.50 0.25% 5.93% 0.42%
10.61 11.40 134.10 1.43% 0.27% 1.33%
10.35 11.66 134.60 1.20% 0.72% 0.07%
10.32 11.63 136.90 -0.79% -1.56% -0.12%
10.41 11.61 129.60 0.82% -0.03% 0.47%
10.26 11.53 126.00 -0.05% -0.10% 0.24%
9.86 11.19 126.10 -2.63% -0.97% -3.29%
9.83 11.18 138.10 1.09% 1.04% 2.21%
9.78 11.42 132.40 -0.32% 0.38% -0.09%
9.88 11.64 139.00 0.65% 0.27% 1.52%
10.14 11.78 149.00 1.26% 1.20% 0.94%
10.25 11.46 147.10 0.06% 0.16% -0.42%
9.87 11.22 159.40 -0.69% 0.33% -0.69%
10.13 11.71 178.70 1.08% 1.10% 1.15%
10.48 11.70 178.70 1.29% -0.41% 0.69%
10.75 11.77 189.60 0.09% -0.62% 0.51%
10.98 12.08 214.20 -0.01% 1.38% -0.52%
10.88 11.98 211.70 0.03% -0.24% -2.21%
10.89 11.68 202.80 0.72% -0.03% 0.29%
10.91 11.47 207.80 0.29% 0.77% 0.96%
11.01 11.44 221.00 -0.07% 0.44% 0.38%
10.79 12.83 236.80 -0.31% -1.60% -1.62%
 10.9 12.29 228.50 0.26% 0.81% 0.37%
10.86 12.10 219.80 0.03% 0.56% 0.36%
10.66 12.19 200.00 0.00% -0.04% -2.59%
10.59 12.20 195.50 -0.49% -0.11% -0.78%
10.42 12.21 195.20 -0.01% 0.55% 0.14%
10.57 11.90 187.10 -0.85% 0.66% -0.37%
10.67 11.80 186.00 0.61% 0.06% 0.85%
10.77 11.80 170.50 -0.24% -0.14% -1.38%
11.07 11.66 160.60 -0.53% 0.13% -1.00%
10.89 11.34 145.90 0.50% 0.19% 0.28%
10.8 11.19 139.80 -1.23% -0.70% -0.59%
10.56 10.98 133.60 -1.81% -1.48% -0.32%
10.75 10.93 147.30 0.79% 0.16% -0.77%
10.97 11.04 149.60 1.41% 1.58% 1.64%
10.57 11.04 141.00 -0.45% -0.79% 0.48%
10.61 10.89 138.20 -1.57% 0.30% -1.87%
10.86 10.99 128.80 0.91% 1.14% 0.67%
11.02 11.19 123.80 0.64% 0.57% 0.01%
11.2 11.42 131.10 1.09% 0.53% 0.52%
11.26 11.18 137.20 -0.14% -0.89% -0.25%
11 11.06 142.60 0.99% 0.30% 0.05%
11.21 11.14 134.60 -0.20% -0.09% 0.84%
11.08 11.28 140.10 0.28% 0.35% 1.15%
11.11 11.22 144.30 -0.39% -0.59% -1.12%
11.09 11.21 129.70 0.68% 0.50% -0.48%
11.69 11.34 129.00 -0.36% -0.13% 1.63%
12.01 11.65 126.00 0.28% -0.19% -0.96%
12.06 11.73 131.80 0.19% -0.21% -0.67%
12.25 11.83 130.90 0.41% -0.05% 0.49%
12.35 11.65 146.90 0.56% 0.15% -0.28%
12.22 11.58 157.30 -0.08% -1.75% -0.81%
12.03 11.47 169.00 0.32% 0.81% 0.09%
11.74 11.30 158.00 -0.30% -0.71% 0.25%
11.77 11.69 170.40 0.96% 0.31% 2.15%
11.74 11.81 193.10 0.37% -0.04% 0.13%
11.95 11.93 203.70 -0.12% 1.09% -1.11%
11.6 11.81 194.00 0.07% 0.54% -0.14%
11.57 11.88 186.60 0.27% 0.61% 1.28%
11.13 11.99 185.90 0.26% -0.66% 3.69%
11.25 11.89 156.50 -0.20% -0.34% -0.89%
10.97 11.87 154.10 0.16% 0.07% 1.34%
10.76 11.96 160.50 0.07% 1.55% 7.06%
10.87 11.91 154.40 0.08% -0.27% -1.06%
11 12.08 158.40 0.77% -1.49% -1.70%
10.81 11.90 137.40 0.05% 1.15% 2.04%
10.75 11.57 130.40 -0.06% -0.30% 0.49%
10.67 11.90 136.20 -0.38% -0.64% -0.98%
10.88 12.20 139.10 -0.16% 0.61% -0.02%
10.97 12.11 150.50 0.22% -0.42% 0.94%
10.84 12.11 130.30 0.75% -0.37% 0.94%
10.56 12.19 122.50 0.22% 0.23% 1.29%
10.42 12.14 118.00 0.42% -0.36% -0.11%
10.39 11.62 92.70 -0.40% 0.28% 0.07%
10.5 11.67 93.50 -0.87% 0.16% -0.64%
10.57 11.76 105.60 -0.67% -0.51% -1.36%
10.71 12.19 101.80 0.63% 0.02% -0.20%
10.78 12.19 102.40 0.15% -0.03% -0.57%
10.74 12.32 93.60 0.91% 0.94% 0.15%
10.71 12.33 82.20 -0.32% -0.35% -0.99%
10.69 12.39 83.50 -0.11% -0.18% -0.08%
10.73 12.30 80.90 0.29% -0.12% 1.01%
10.86 12.37 89.80 0.85% 0.64% 0.12%
10.8 12.49 85.70 0.01% 0.44% -0.94%
11.04 12.59 90.80 0.71% 0.21% 1.41%
11.03 12.72 87.70 0.03% 0.61% -0.49%
11.36 12.74 83.30 -0.04% -1.18% -1.00%
11.49 12.78 84.40 0.44% 0.18% -0.08%
11.48 12.63 88.00 0.49% 0.17% 0.50%
11.56 12.70 77.91 0.09% -1.05% -1.51%
11.55 12.77 75.80 -0.02% 0.40% 0.42%
11.85 12.89 82.06 0.51% 0.01% 0.28%
11.89 12.91 79.60 0.00% 0.06% 0.03%
12.21 12.89 73.82 -0.58% -0.16% -1.37%
12.13 12.81 72.93 0.29% -0.47% 0.60%
12.64 12.81 67.91 0.83% 0.08% 2.44%
12.59 13.18 67.05 -0.71% -0.89% -1.15%
11.64 13.16 69.75 0.35% -0.20% -0.58%
11.57 13.13 70.09 -0.28% -0.93% 0.03%
11.5 12.66 69.72 0.49% -0.34% -0.21%
11.29 12.49 70.47 0.66% 1.03% -0.39%
11.13 12.41 74.09 -0.29% -0.84% -0.15%
11.17 12.20 72.97 0.70% -0.43% -0.51%
11.13 12.28 71.68 -0.15% 0.26% 0.91%
10.71 12.18 65.82 0.19% -0.78% -0.61%
10.78 12.29 61.84 0.83% 0.54% 0.55%
11.08 12.33 56.06 0.39% -0.81% -0.55%
10.35 12.24 48.95 -0.27% 0.55% -0.53%
10.4 11.90 49.70 0.03% 0.44% 0.31%
10.63 11.66 50.05 0.11% -0.25% -1.26%
10.5 11.43 46.64 -0.91% -1.25% -1.50%
10.32 11.10 46.88 -1.59% 1.29% -3.03%
10.33 11.25 49.35 1.00% 0.64% 1.80%
10.07 11.16 46.85 -0.09% -0.61% -1.68%
10.09 11.08 43.65 0.31% 0.59% 1.28%
9.7 10.84 44.15 -1.79% -1.81% 0.36%
9.85 10.49 42.62 0.72% -0.19% 2.15%
9.86 10.44 46.66 1.49% 0.87% 2.38%
9.93 10.70 46.20 1.12% 1.33% -2.35%
9.69 10.74 45.71 0.33% -0.43% 0.94%
9.69 10.58 44.81 -0.54% 0.12% -1.18%
9.87 10.42 38.86 0.73% -1.04% 1.11%
9.8 10.50 40.20 0.17% 0.13% -1.11%
9.76 10.81 43.69 0.64% 0.39% 0.59%
9.57 10.84 42.36 -0.16% 1.36% -0.67%
9.49 10.95 42.41 0.18% 0.38% -0.97%
9.29 10.95 48.87 -0.29% 1.47% -0.29%
9.41 11.18 50.40 0.47% -1.64% 1.54%
9.38 11.28 46.60 -0.38% 0.01% -0.66%
9.29 11.16 45.80 -1.06% 0.75% -1.00%
8.72 10.74 41.58 -3.41% -1.92% -4.38%
8.62 10.40 41.00 -3.07% -1.67% -3.69%
8.57 10.19 39.44 -0.38% -0.53% -3.84%
8.5 9.78 34.09 -4.52% -3.02% -4.41%
8.71 9.45 31.20 -0.83% -2.49% -0.33%
8.77 9.92 34.56 4.50% 7.34% 1.96%
8.55 9.89 37.22 -2.85% -2.60% -2.99%
8.38 9.86 39.39 4.13% 3.36% 2.32%
8.14 9.61 34.97 -3.45% -0.73% -4.46%
7.87 8.73 32.32 -1.72% 1.12% 1.13%
6.8 6.52 38.10 -7.90% -0.06% -9.95%
7.25 7.24 44.57 4.82% 2.22% 6.59%
6.52 6.94 40.90 -5.01% -4.58% -5.49%
5.55 6.54 38.08 -9.99% -9.51% -13.91%
6.33 6.96 41.54 8.88% 9.22% 11.03%
5.22 6.05 35.64 -12.77% -6.65% -7.61%
5.5 5.71 31.21 5.82% 11.07% -1.57%
4.8 4.71 26.55 -5.32% 2.75% -5.19%
5 5.37 28.63 0.47% -2.59% 6.68%
4.99 4.94 25.13 -4.43% -4.70% -9.90%
4.67 4.88 25.76 -2.97% 0.27% -0.26%
5.47 4.98 28.98 8.97% 0.65% 13.46%
5.87 5.08 28.14 1.15% -5.02% 2.63%
5.98 4.83 26.61 6.05% 0.38% 4.49%
5.36 4.47 25.86 -3.43% -0.22% -8.89%
5.41 4.23 26.76 3.30% 4.99% 3.47%
 Rentabilidad Diaria 0.01% 0.07% -0.03%
Rentabilidad Anual 3.74% 18.51% -6.85%

Riesgo Diario 1.76% 1.59% 2.32%

Riesgo Anual 27.94% 25.17% 36.84%

Rentab. Anual ParticipaciBeta activos Parcipacion Beta PortafolioVar Indice

S&P 500 0.75 0
Walmart 18.51% 63.62% 0.57 40.47%
Disney -6.85% 9.00% 1.00 0.81%
IBM -1.60% 9.73% 0.97 0.95%
Exxon -39.41% 4.52% 1.02 0.20%

Grupo Aval 6.69% 1.24 0.45%

-23.61%
Banco
Santander de 3.32% 1.33 0.11%
Brasil -48.06%
US Oil -49.52% 3.12% 0.98 0.10%
Gas -88.66% 0.00% 0.91 0.00%
100.00%

Rentabilidad de Portafolio Restriccion con rentabilidad de portafolio fija

4.50% 4.50%

Riesgo del Portafolio

12.39%
t´2*riesgo anual)
 Banco
IBM Exxon Grupo Aval Santander US Oil Gas
de Brasil

-2.02% -1.55% 0.66% 1.87% 1.01% -3.19%

3.83% 3.62% 5.42% 3.26% 2.29% 9.83%
0.70% 0.52% 0.15% -0.39% 1.07% -8.42%
1.41% 0.72% 0.46% -1.58% 2.02% 4.07%
0.72% 0.53% 1.53% 1.50% 5.11% 1.63%
0.91% -0.51% 3.28% 0.31% 0.45% -1.58%
-0.27% -0.46% 0.44% -0.08% -1.82% 13.70%
-0.88% -0.13% 0.29% 1.94% -1.95% 27.87%
1.11% 0.06% -0.73% -3.28% 2.86% -5.71%
-0.09% -0.04% 0.73% -0.40% 0.54% -4.91%
0.47% 0.68% -1.17% 0.56% -0.27% 0.53%
1.33% 1.19% -0.59% 1.96% 2.51% 1.12%
-1.06% -1.52% -2.25% -1.88% -1.69% -21.79%
8.12% -0.82% -0.61% 4.79% -0.63% -3.74%
-0.27% 0.14% 2.26% -0.83% 1.08% 6.85%
1.08% 0.45% 2.07% 0.46% 0.71% 4.50%
0.22% -0.67% -0.44% -0.23% -2.70% -19.98%
0.04% 0.38% 0.29% 0.23% 1.90% 1.21%
0.04% 1.08% 0.00% -1.14% 2.13% -3.54%
0.03% 1.36% 1.45% 1.90% -0.44% -3.29%
-0.24% 3.54% -0.72% 0.00% 2.44% -10.56%
0.81% -1.46% 3.15% 2.96% -1.12% -8.54%
0.27% 1.02% 0.98% -1.03% -1.84% 2.56%
0.57% -0.44% -0.56% -5.14% 0.27% -1.40%
-2.32% -0.77% -0.56% -0.08% -2.23% -12.66%
0.39% -0.94% -0.42% 1.77% 0.09% 4.27%
0.21% 0.16% 0.00% -1.77% -0.63% 4.37%
1.53% 1.74% 1.13% 2.38% 1.35% 1.98%
1.07% 1.12% -0.42% -3.08% 1.60% -6.56%
-0.76% 0.03% 0.14% 3.01% 1.23% -2.73%
1.13% 1.87% 0.98% 0.68% 1.98% 4.84%
0.48% 0.67% 1.52% 0.15% 0.60% 3.89%
-0.51% 0.38% -0.41% -2.21% 1.27% -1.49%
-0.12% -0.91% 0.00% -0.54% -0.42% 5.30%
1.02% 0.77% 1.50% 0.08% 0.59% -0.06%
0.15% 0.10% 1.75% -1.79% -3.23% 9.00%
0.19% 0.20% 1.85% -0.39% 0.52% -3.93%
-0.39% 1.02% -1.71% -1.27% 2.21% 3.46%
-0.75% -0.56% 2.75% -4.17% 0.50% -0.12%
0.77% 1.22% -1.70% -1.94% -2.46% 4.28%
-0.55% 0.39% -0.66% 0.25% 1.19% 0.72%
-0.40% -0.15% -0.27% 0.08% 0.17% 3.43%
-0.65% -1.14% 1.97% -3.45% -0.59% -4.16%
-1.19% 1.10% -1.44% -0.18% 0.51% 1.80%
-0.20% -1.45% -0.40% 1.14% -0.68% -0.33%
1.92% 0.97% -0.13% 3.75% 1.10% -8.91%
0.41% 0.28% 1.45% 0.25% 0.25% 1.79%
0.20% 0.88% -1.19% 3.21% 2.49% 2.94%
0.17% -0.34% 1.05% -1.88% 0.25% 1.88%
0.46% -0.36% 0.39% -0.33% -0.16% -5.53%
0.56% 1.15% 1.81% 1.97% 0.90% 5.05%
0.20% -0.26% 1.02% -1.06% -0.24% 1.21%
-0.64% 0.55% 0.00% -0.99% 1.78% -2.46%
1.31% 0.58% -0.89% -3.11% -0.48% -1.30%
-1.42% -1.61% -0.77% -5.62% -1.70% -5.61%
-0.19% -0.70% -1.30% 2.06% 0.16% -0.28%
0.74% 1.29% 0.52% 1.06% 1.78% -2.46%
-0.70% -0.77% -0.39% -7.64% -1.05% -2.69%
0.49% 0.50% 0.00% 4.62% 0.08% -0.45%
0.84% 0.07% 1.68% 1.34% 1.21% -5.83%
1.55% 1.14% 0.38% 2.55% 2.53% 3.56%
-0.21% -0.43% -0.51% -0.61% 1.47% -1.34%
0.44% -0.59% 0.26% -1.32% -0.15% -2.05%
-0.59% 1.41% 1.27% 2.79% -0.54% -3.40%
0.35% 0.53% 1.01% 1.79% 1.76% 3.05%
0.08% 0.62% 2.23% -0.34% 1.88% 4.33%
-0.90% -1.30% 3.49% -1.28% -0.52% -0.23%
0.64% -0.45% -0.36% 1.03% 0.60% -0.97%
0.53% 0.48% -0.24% -2.06% -1.05% -2.82%
0.40% -1.26% -0.72% -0.61% 0.23% -1.95%
-0.31% -0.33% -0.96% 0.44% -0.45% -7.21%
0.86% 0.68% -0.49% 1.38% 0.98% -2.02%
-4.24% 0.28% 1.33% -4.11% -0.68% -7.65%
0.87% -0.37% -1.09% 2.30% 0.30% -2.27%
-1.03% 2.16% -0.24% 1.04% 2.59% 3.02%
1.11% 0.58% 0.24% 1.20% 0.87% -7.23%
-0.35% -1.96% -2.21% -2.86% -0.80% 0.00%
-0.95% 0.56% -0.50% 0.79% -1.10% 4.51%
0.58% -2.13% -0.12% 1.21% -3.31% 5.29%
-0.28% -0.65% 0.00% -0.09% 1.06% 1.08%
0.87% 0.39% -1.89% -1.30% 0.45% -2.09%
0.21% -2.03% 0.13% -1.05% -0.53% 4.18%
-0.69% -1.77% -0.51% 0.35% -3.07% -3.25%
0.47% 0.23% 0.26% 0.79% 0.39% -2.86%
0.09% -0.44% -1.02% -3.01% 1.54% -3.80%
-1.97% -0.53% -0.65% -1.27% -2.64% 1.33%
0.26% 0.16% 0.00% 3.14% 1.25% 7.33%
-1.95% -0.09% -0.91% -2.14% -0.62% -1.91%
-0.01% -0.27% -0.79% -0.36% 0.23% 3.60%
-2.92% -1.12% -2.40% -4.35% -1.25% -0.39%
1.43% 0.13% -1.09% 3.16% 1.49% 3.11%
0.81% 0.74% -1.65% -1.85% 0.77% -5.08%
1.10% -0.01% -1.54% -3.03% 1.30% 3.71%
-1.15% -0.59% -1.13% -2.83% -0.46% -1.35%
0.59% -0.01% -0.14% 2.73% 0.53% 4.03%
0.98% 0.46% 1.56% 4.88% -0.15% -5.48%
-0.07% -0.91% 0.70% -1.11% -3.02% -9.50%
-2.95% -2.37% -3.26% -2.15% -5.24% 2.61%
-0.08% 0.42% 2.56% 0.94% 1.15% 1.80%
-1.39% -2.03% -3.57% 3.14% 0.00% -2.60%
-0.59% -0.62% 1.59% 2.51% 0.08% 4.21%
-0.09% -0.26% 0.43% 1.84% -4.00% -7.36%
-2.01% -1.68% -1.15% 0.26% -5.78% -12.42%
1.00% 1.56% 1.15% 0.09% -1.00% -6.89%
3.39% 2.35% 0.43% 1.46% 1.54% 2.26%
-0.91% -0.83% -1.43% -2.95% -3.56% -5.79%
0.55% 1.81% 0.29% 1.14% 2.66% -5.21%
0.82% 0.36% 1.85% 0.52% 1.53% 0.52%
1.07% 0.44% 1.54% -1.39% -1.07% 2.40%
0.89% -0.09% 0.42% 1.31% 0.00% 4.58%
-0.80% -1.09% 0.28% -1.66% -4.32% -2.51%
0.66% 0.87% 2.18% -0.18% 2.23% -6.10%
-0.45% -0.44% 0.13% -2.32% 0.55% 7.14%
-0.15% 0.99% -0.41% -0.09% -1.20% -2.27%
1.05% 0.86% 2.67% 3.47% 3.99% -7.01%
0.51% -0.56% 0.39% 1.13% 0.71% -5.74%
1.28% 1.70% 2.08% 2.56% 4.49% -11.65%
0.25% 1.40% -1.82% -0.68% 1.01% -1.95%
0.11% -0.96% 2.46% 1.85% 0.33% 13.73%
-0.71% -0.89% 0.64% -2.78% -0.08% -2.18%
0.12% 0.43% -0.51% 0.77% 2.39% 0.78%
0.00% -1.02% 0.25% 0.42% 0.00% 6.24%
-0.45% 1.06% 1.39% 0.34% -2.06% -0.79%
1.43% -0.09% 0.38% 0.42% 1.97% -6.88%
0.24% -1.10% -1.64% -0.17% -4.84% -3.32%
0.94% 0.95% 0.25% 1.34% 0.60% 5.71%
-0.11% -0.41% 4.22% 3.26% 1.52% 15.07%
-0.57% 0.46% -2.46% -2.11% -0.17% -0.22%
-0.89% -0.07% 1.24% 0.33% 0.92% 1.74%
0.81% 1.40% 0.00% 1.22% 3.99% 3.35%
0.55% 0.08% -0.49% -0.32% 0.16% -5.42%
1.06% 0.08% -1.12% 0.16% -0.24% 5.79%
 0.41% -0.71% 1.24% -1.22% -1.77% -6.56%
0.15% -1.50% 0.74% 0.73% -1.89% -11.29%
-0.32% -0.59% 0.61% 0.81% -2.69% -1.50%
4.48% -0.85% -1.47% 3.09% -1.63% -2.75%
0.03% 0.20% 0.25% -3.01% 0.95% -4.52%
0.04% 0.11% 0.37% 0.00% 0.09% 7.27%
0.43% 0.40% 0.00% -0.89% 1.11% -2.82%
-0.23% -0.01% -0.25% -1.39% -1.88% -8.26%
0.24% -0.57% -3.00% -2.33% 0.09% 1.26%
0.64% -0.16% 0.51% 1.01% 0.43% -8.28%
-0.32% 0.71% -0.76% -0.59% 1.45% -6.25%
-0.74% 0.01% -4.16% -2.98% 2.18% 2.62%
-1.03% -1.32% -0.40% -2.45% -0.33% 13.70%
1.39% -2.59% -0.80% -2.15% -6.25% -10.07%
-2.06% -0.98% -0.81% -1.37% 1.49% -4.41%
-4.51% -2.07% -4.43% -3.93% -0.96% -8.24%
-0.02% 0.96% 1.54% 1.80% -2.04% 3.13%
-1.16% -0.65% 1.93% 1.86% -2.73% -2.79%
0.71% 2.63% 0.54% 3.88% 1.10% 5.01%
-2.87% -2.15% -0.14% -1.52% 2.88% -0.57%
-1.49% -1.72% -1.51% -2.27% 0.71% -1.24%
1.24% 1.23% 2.19% 1.01% 4.39% 5.56%
-3.40% -4.11% -4.42% -5.52% -3.69% 0.24%
0.51% -0.59% 0.84% 1.72% -0.79% 8.04%
1.39% 1.55% 1.11% 0.38% 0.44% -3.23%
0.95% 1.67% -0.69% -2.48% 2.26% 0.37%
-1.52% -0.61% 1.80% -0.29% -0.26% 1.69%
0.94% 0.99% 2.30% 0.87% -0.17% -5.48%
0.05% -0.22% -2.03% -1.45% -0.69% -2.82%
-3.60% -3.04% -2.35% -3.98% -2.99% 0.08%
0.32% 0.53% 0.56% -0.30% -0.09% 9.09%
0.90% -0.98% -2.68% -0.51% 2.12% -4.22%
1.20% 0.73% 1.42% 1.02% 1.91% 4.86%
1.58% 1.10% 2.91% 2.60% 1.20% 6.95%
0.48% 0.07% 0.27% 1.08% -2.75% -1.28%
-1.06% 0.12% 0.27% -3.78% -2.12% 8.03%
1.64% 1.06% 0.81% 2.60% 4.27% 11.43%
3.35% 1.40% 0.67% 3.40% -0.09% 0.00%
-0.28% 0.93% 0.13% 2.54% 0.60% 5.92%
1.43% 0.79% -0.27% 2.12% 2.60% 12.20%
1.70% 0.81% -0.67% -0.91% -0.83% -1.17%
-1.00% -0.19% 2.14% 0.09% -2.54% -4.29%
0.01% 0.07% 1.44% 0.18% -1.81% 2.44%
0.03% 0.91% -0.52% 0.91% -0.26% 6.16%
-0.83% 1.49% 1.04% -2.02% 11.47% 6.91%
-0.20% -0.76% -1.96% 1.01% -4.30% -3.57%
0.01% -0.48% 1.05% -0.37% -1.56% -3.88%
0.53% -0.68% 0.13% -1.86% 0.74% -9.44%
-0.77% -0.35% -1.32% -0.66% 0.08% -2.28%
0.13% 0.07% 0.26% -1.62% 0.08% -0.15%
-0.27% -1.38% 0.13% 1.43% -2.57% -4.24%
1.04% 0.29% -0.53% 0.94% -0.84% -0.59%
0.27% -0.53% -0.40% 0.93% 0.00% -8.70%
-0.22% 0.72% -1.21% 2.75% -1.19% -5.98%
1.51% -1.22% 0.54% -1.64% -2.78% -9.60%
-1.22% -2.38% -0.81% -0.83% -1.33% -4.27%
-1.38% -2.65% -0.27% -2.25% -1.89% -4.54%
0.23% 1.23% 1.21% 1.78% -0.46% 9.76%
0.68% 1.45% 1.86% 2.03% 1.00% 1.55%
-1.20% -1.39% -0.79% -3.71% 0.00% -5.92%
-2.07% -1.96% -2.14% 0.38% -1.37% -2.01%
0.93% 1.10% 1.74% 2.33% 0.91% -7.04%
1.04% 1.19% -1.07% 1.46% 1.80% -3.96%
1.15% 1.06% 0.67% 1.62% 2.03% 5.73%
-0.51% 0.29% -0.80% 0.53% -2.12% 4.55%
0.67% 0.35% -0.95% -2.34% -1.08% 3.86%
-0.62% -1.73% 0.54% 1.89% 0.72% -5.77%
-5.68% -0.13% 0.67% -1.17% 1.25% 4.00%
-0.13% -0.78% 0.67% 0.27% -0.53% 2.95%
-1.13% 1.66% -0.27% -0.18% -0.09% -10.67%
1.04% 0.51% 3.29% 5.27% 1.15% -0.54%
0.31% 0.95% -0.78% 2.70% 2.70% -2.35%
-0.23% -0.95% 1.94% 0.42% 0.68% 4.50%
1.02% 0.23% 1.27% 1.56% 0.85% -0.69%
0.39% -0.88% 0.88% 0.81% -1.53% 11.53%
-1.59% -0.29% 2.35% -1.06% -0.60% 6.84%
1.06% -1.06% -0.37% -1.57% -0.95% 7.17%
-1.13% -0.22% 0.00% -2.44% -1.49% -6.73%
1.34% 2.96% 2.42% 0.26% 3.39% 7.56%
1.57% 2.93% -0.12% -0.26% 1.02% 12.51%
0.16% 1.96% 1.55% 1.77% 1.01% 5.34%
0.64% -2.21% -1.31% -2.97% -1.01% -4.88%
-0.79% 2.10% 0.36% -0.26% 0.59% -3.89%
-0.06% -3.12% -0.12% -3.88% 0.92% -0.38%
-1.57% -0.61% 0.71% 1.07% -0.84% -17.22%
0.09% -1.39% -0.95% -2.52% -0.17% -1.55%
-0.82% -0.83% -3.65% -1.93% 0.76% 4.07%
-0.36% -0.44% -0.50% 1.02% -0.42% -3.87%
0.30% 1.00% 2.22% 1.19% 1.42% 2.56%
-0.07% -0.97% 1.09% -1.74% -1.50% -14.22%
 0.16% -1.03% -0.97% -0.56% -2.81% -5.23%
-0.99% 0.31% -1.23% -0.75% 2.81% 4.35%
0.48% 2.38% -1.87% 1.95% 2.49% 2.11%
0.37% -0.43% 0.75% 0.82% -0.74% 7.88%
1.21% -0.67% -0.75% -1.19% 0.00% -14.41%
-0.65% -0.25% -2.54% -2.62% 0.66% -6.17%
-0.98% -0.06% 0.51% -1.33% -0.41% -3.74%
0.51% -0.83% 2.28% -0.29% -4.38% -24.13%
-1.15% 0.42% 0.00% 1.05% 0.43% 0.86%
-0.60% -0.79% 1.49% 0.66% 0.77% 12.17%
-0.10% 1.13% -0.62% 1.32% 3.59% -3.66%
-0.06% -0.35% 0.62% 0.65% 0.00% 0.59%
0.99% 1.60% 1.83% -0.37% 1.06% -8.99%
0.52% 0.22% -0.12% -0.28% 0.08% -12.99%
-0.01% -0.87% 0.12% -0.19% 0.49% 1.57%
-0.11% -0.14% 0.72% 0.37% -0.73% -3.16%
1.16% 1.98% 0.84% 1.20% 0.57% 10.44%
-0.82% -1.59% 0.00% -0.55% 0.97% -4.67%
-0.06% 1.11% 0.12% 2.20% 0.80% 5.78%
0.07% -0.46% 0.36% -0.09% 1.03% -3.47%
0.14% 0.27% 0.95% 2.95% 0.16% -5.15%
0.11% -0.69% 1.17% 1.14% 0.31% 1.31%
0.76% 0.79% 0.00% -0.09% -1.18% 4.18%
-0.03% 0.50% 1.84% 0.69% 0.55% -12.18%
-0.42% -0.38% -0.57% -0.09% 0.55% -2.75%
-0.05% 0.16% 0.69% 2.56% 0.94% 7.94%
0.27% -0.34% -0.57% 0.34% 0.16% -3.04%
-1.84% -0.59% -0.81% 2.66% -0.16% -7.54%
0.92% 0.43% 0.81% -0.66% -0.62% -1.21%
1.02% 1.59% 0.91% 4.12% 0.00% -7.13%
-0.80% -0.81% 0.11% -0.40% 2.85% -1.27%
-0.18% 0.76% 0.34% -7.85% -0.15% 3.95%
0.07% -0.82% -0.91% -0.60% -0.23% 0.49%
0.83% -1.52% 1.14% -0.61% -3.65% -0.53%
1.05% 0.76% -0.11% -1.84% -1.35% 1.07%
-0.04% -0.89% -0.11% -1.43% -0.64% 5.01%
-0.07% 0.95% 0.11% 0.36% -1.71% -1.52%
-0.57% -0.86% 0.34% -0.36% 0.65% -1.78%
0.59% -0.16% -1.13% -3.85% -0.82% -8.53%
0.99% -0.39% -1.15% 0.65% 0.90% -6.24%
0.24% -0.38% 0.00% 2.74% 0.32% -9.81%
0.62% -1.44% -0.93% -6.82% -0.73% -13.56%
3.34% -0.58% 1.50% 0.48% -2.82% 1.52%
-0.71% -0.63% -0.69% 2.19% -2.04% 0.70%
-1.63% -0.68% -1.39% -1.23% -1.99% -7.06%
 -1.39% -2.41% -2.73% -1.73% -2.93% 0.51%
0.67% -0.14% 1.55% 0.10% 1.34% 5.13%
-1.34% -0.84% 0.00% -2.55% -0.80% -5.20%
-0.67% 1.06% 0.24% 0.20% -0.72% -7.07%
4.96% -4.21% -0.24% -3.94% -2.19% 1.14%
1.75% -2.26% 0.24% 1.53% -3.28% -3.53%
1.92% -1.26% 1.64% 0.10% -0.48% 9.06%
4.73% 4.50% 0.81% 0.71% 2.46% -0.99%
0.27% -1.36% -0.23% -2.45% 0.37% -1.07%
-2.16% -0.66% -1.28% 0.00% -1.50% -1.99%
0.66% -2.49% -0.70% 1.84% -1.52% -14.25%
-0.62% 0.95% 0.70% -0.71% 0.76% 3.39%
1.19% 1.22% 0.93% -0.41% 2.91% 8.33%
-0.65% -0.56% 0.69% -1.97% 0.28% -3.09%
-2.37% -0.46% -0.12% -0.84% 1.01% 0.12%
0.27% -1.28% 0.80% -2.13% 0.00% 14.18%
-0.16% 0.77% 0.80% 1.28% 2.08% 3.08%
0.24% -0.80% -1.03% -0.32% 0.89% -7.84%
-0.92% -1.23% -0.34% -0.96% -1.07% -1.73%
-2.30% -4.80% -0.92% -6.33% -3.84% -9.67%
-3.28% -3.91% -0.12% -1.15% -3.22% -1.40%
-1.39% -2.22% -1.99% -0.58% -2.04% -3.88%
-4.87% -6.21% -2.64% -0.82% -4.11% -14.58%
-2.25% 3.20% -1.10% 2.44% -3.43% -8.86%
3.14% 4.63% 0.61% 0.69% 4.85% 10.23%
-4.10% -4.91% -1.23% -2.54% -0.30% 7.41%
4.04% 2.16% 0.74% -2.01% -0.30% 5.67%
-3.54% -4.51% -1.61% -2.91% -2.57% -11.90%
-1.41% -4.95% -3.95% -3.37% -9.60% -7.88%
-8.08% -13.04% -12.58% -14.61% -29.19% 16.45%
5.74% 3.64% 0.15% 6.41% 10.47% 15.68%
-5.60% -3.35% -8.59% -10.61% -4.23% -8.59%
-13.75% -12.14% -17.66% -16.11% -5.94% -7.14%
4.88% 2.50% 12.90% 13.15% 6.22% 8.70%
-8.57% -10.01% -23.80% -19.28% -14.01% -15.32%
7.36% 6.51% -3.03% 5.23% -5.78% -13.27%
-2.95% -10.56% -20.41% -13.61% -19.25% -16.17%
-3.15% 3.88% 1.07% 4.08% 13.11% 7.54%
-5.06% -5.03% -4.36% -0.20% -8.35% -13.04%
-0.65% -4.02% -7.22% -6.63% -1.22% 2.48%
10.71% 11.94% 4.11% 15.81% 2.03% 11.78%
0.35% 5.09% 15.91% 7.06% 1.99% -2.94%
6.44% 4.02% 14.57% 1.86% -5.05% -5.59%
-4.40% -4.94% -5.22% -10.95% -7.75% -2.86%
4.44% 1.48% -2.94% 0.93% -5.52% 3.42%
-0.01% -0.20% -0.11% -0.26% -0.27% -0.86% Alpha Diario
-1.60% -39.41% -23.61% -48.06% -49.52% -88.66% Alpha Anual

2.07% 2.17% 3.05% 3.20% 3.22% 6.78% Tracking Error Diario

32.81% 34.46% 48.35% 50.80% 51.15% 107.58% Tracking Error Anual
 Banco
Walmart Disney IBM Exxon Grupo Aval Santander US Oil
de Brasil

1.99% 0.05% 0.49% 0.96% 3.16% 4.38% 3.52%

-2.75% -0.34% 0.46% 0.24% 2.04% -0.12% -1.09%
0.47% 0.16% 0.01% -0.18% -0.54% -1.09% 0.38%
-0.27% -0.19% 0.45% -0.24% -0.50% -2.55% 1.06%
-0.74% 0.71% 0.31% 0.12% 1.12% 1.09% 4.70%
-0.38% -0.34% 0.46% -0.96% 2.83% -0.14% 0.00%
-0.11% -0.12% -0.26% -0.44% 0.45% -0.06% -1.80%
0.64% 0.32% -0.36% 0.40% 0.82% 2.47% -1.42%
0.29% -1.66% 0.04% -1.01% -1.80% -4.35% 1.79%
-0.12% -0.99% -0.31% -0.26% 0.51% -0.62% 0.32%
-0.35% -0.67% -0.29% -0.07% -1.93% -0.20% -1.03%
-0.29% -1.28% 0.02% -0.12% -1.90% 0.65% 1.20%
1.18% 1.03% 0.37% -0.09% -0.82% -0.46% -0.27%
1.02% 0.25% 7.90% -1.04% -0.83% 4.57% -0.85%
-0.49% -0.65% -0.41% 0.00% 2.13% -0.97% 0.94%
-2.30% -0.36% 0.24% -0.40% 1.22% -0.39% -0.13%
0.91% 0.54% 1.01% 0.12% 0.35% 0.56% -1.92%
-0.22% 0.23% 0.19% 0.52% 0.44% 0.37% 2.05%
-3.54% -2.24% -1.51% -0.46% -1.54% -2.69% 0.58%
0.22% 0.40% -0.83% 0.50% 0.60% 1.04% -1.30%
-2.17% -0.29% -0.33% 3.45% -0.81% -0.09% 2.35%
0.29% -0.23% 0.13% -2.13% 2.47% 2.29% -1.80%
0.40% 0.30% -0.20% 0.55% 0.51% -1.50% -2.31%
0.26% -0.89% 0.79% -0.21% -0.34% -4.92% 0.49%
2.07% 0.53% -1.38% 0.17% 0.38% 0.86% -1.29%
-1.26% 0.44% 0.32% -1.01% -0.49% 1.70% 0.02%
0.58% -1.94% 0.14% 0.09% -0.07% -1.84% -0.70%
-0.48% -1.50% 0.24% 0.46% -0.15% 1.10% 0.07%
0.69% 0.61% 0.77% 0.82% -0.72% -3.38% 1.30%
0.86% 0.68% -0.49% 0.29% 0.41% 3.27% 1.49%
0.40% 0.65% 0.05% 0.79% -0.10% -0.40% 0.90%
2.04% 0.66% 0.33% 0.52% 1.37% 0.00% 0.45%
-2.47% -0.03% -0.68% 0.21% -0.59% -2.39% 1.09%
-0.14% 0.89% 0.24% -0.55% 0.35% -0.19% -0.07%
-0.48% 0.20% 0.38% 0.13% 0.86% -0.56% -0.05%
-0.56% -1.57% 0.03% -0.02% 1.62% -1.92% -3.35%
-0.36% 0.00% 0.27% 0.28% 1.93% -0.32% 0.60%
-0.54% -0.58% -0.34% 1.08% -1.66% -1.22% 2.27%
1.18% 0.34% -0.47% -0.27% 3.04% -3.89% 0.79%
-1.76% 0.34% 0.08% 0.53% -2.38% -2.63% -3.14%
0.31% 0.67% -0.17% 0.78% -0.27% 0.64% 1.58%
0.61% -0.18% -0.28% -0.04% -0.15% 0.20% 0.28%
 0.57% 1.40% 0.00% -0.49% 2.63% -2.80% 0.06%
-0.01% 0.08% -0.37% 1.92% -0.63% 0.64% 1.33%
0.36% 0.04% 0.01% -1.23% -0.18% 1.35% -0.47%
-0.55% -0.63% 0.46% -0.49% -1.59% 2.30% -0.35%
-0.41% -0.31% 0.12% -0.02% 1.16% -0.04% -0.04%
-0.02% -1.25% -0.49% 0.19% -1.88% 2.51% 1.80%
-0.73% 0.43% 0.25% -0.25% 1.14% -1.79% 0.33%
-0.29% -0.08% -0.04% -0.86% -0.10% -0.83% -0.66%
0.88% -1.98% 0.19% 0.78% 1.44% 1.60% 0.53%
0.20% -2.78% 0.21% -0.25% 1.03% -1.05% -0.23%
-0.92% 0.29% -0.34% 0.85% 0.29% -0.69% 2.07%
-0.65% -2.30% 0.23% -0.50% -1.97% -4.19% -1.56%
1.13% 1.52% 0.50% 0.30% 1.14% -3.70% 0.21%
-0.03% -0.32% -0.11% -0.61% -1.21% 2.14% 0.25%
-0.56% 1.44% 0.03% 0.58% -0.19% 0.34% 1.06%
-0.67% 0.59% -0.24% -0.30% 0.07% -7.17% -0.58%
-0.44% 0.03% 0.13% 0.14% -0.36% 4.26% -0.28%
-0.26% -0.38% 0.17% -0.60% 1.01% 0.67% 0.54%
-0.85% 0.17% 0.40% -0.01% -0.77% 1.40% 1.38%
-0.91% -0.49% -0.21% -0.43% -0.51% -0.61% 1.47%
0.04% 0.28% 0.22% -0.81% 0.04% -1.53% -0.37%
0.73% 1.75% -0.80% 1.20% 1.07% 2.58% -0.75%
0.27% -0.24% -0.11% 0.07% 0.54% 1.33% 1.30%
0.30% -0.14% -0.03% 0.51% 2.13% -0.44% 1.78%
0.06% 2.25% -0.29% -0.69% 4.10% -0.67% 0.08%
0.57% -0.09% 0.29% -0.80% -0.70% 0.68% 0.25%
1.19% -0.48% 0.53% 0.47% -0.24% -2.07% -1.05%
0.09% 10.27% -0.26% -1.92% -1.38% -1.27% -0.43%
0.92% 1.57% -0.25% -0.27% -0.90% 0.50% -0.39%
0.44% -1.68% 0.81% 0.63% -0.54% 1.33% 0.93%
0.45% 1.64% -4.02% 0.51% 1.56% -3.89% -0.45%
-0.14% 0.37% 0.72% -0.53% -1.24% 2.14% 0.14%
-0.89% -0.68% -1.13% 2.06% -0.34% 0.94% 2.49%
-0.20% 0.39% 0.23% -0.30% -0.64% 0.32% -0.01%
0.66% 1.52% -0.13% -1.74% -1.99% -2.64% -0.58%
0.03% 1.61% -0.91% 0.60% -0.46% 0.82% -1.07%
-2.41% 1.47% 0.12% -2.59% -0.59% 0.75% -3.77%
-0.08% -0.55% -0.39% -0.76% -0.11% -0.19% 0.96%
1.16% -1.78% 0.78% 0.29% -1.99% -1.40% 0.36%
-0.70% 0.32% 0.96% -1.27% 0.88% -0.30% 0.22%
0.01% -1.44% -0.48% -1.56% -0.30% 0.57% -2.86%
-0.04% -0.82% -0.49% -0.73% -0.70% -0.17% -0.57%
0.82% 0.95% 0.54% 0.01% -0.58% -2.56% 1.99%
0.53% 0.50% -0.31% 1.13% 1.02% 0.40% -0.97%
-0.83% 1.32% 0.42% 0.32% 0.16% 3.30% 1.41%
-0.46% -0.74% -1.64% 0.21% -0.61% -1.84% -0.32%
1.98% -0.04% -0.39% -0.65% -1.16% -0.73% -0.14%
0.44% 0.41% -0.48% 1.33% 0.04% -1.90% 1.19%
-0.40% 0.61% 0.63% -0.67% -1.88% 2.36% 0.69%
-0.99% 0.52% 0.23% 0.15% -2.23% -2.43% 0.19%
0.54% -0.28% 0.21% -0.90% -2.42% -3.92% 0.42%
0.14% 0.25% -0.57% -0.01% -0.55% -2.24% 0.13%
1.33% -0.16% 1.27% 0.66% 0.53% 3.41% 1.21%
-1.24% -0.71% 0.13% -0.39% 0.71% 4.04% -1.00%
1.37% 0.10% 0.21% -0.63% 0.98% -0.82% -2.73%
0.84% 0.36% -1.75% -1.17% -2.06% -0.96% -4.04%
0.66% -0.09% -0.22% 0.28% 2.43% 0.81% 1.02%
0.60% 0.71% -0.54% -1.19% -2.73% 3.98% 0.84%
0.40% -0.10% 0.10% 0.07% 2.28% 3.21% 0.78%
-0.14% 0.27% -0.30% -0.47% 0.22% 1.63% -4.21%
0.59% 1.21% -0.68% -0.35% 0.18% 1.59% -4.45%
0.79% 0.60% 1.28% 1.83% 1.42% 0.36% -0.72%
-1.53% -0.36% 1.27% 0.23% -1.69% -0.66% -0.59%
0.98% 0.01% -1.72% -1.65% -2.24% -3.76% -4.37%
0.05% 0.32% -0.06% 1.19% -0.32% 0.53% 2.05%
-0.14% -0.44% -0.22% -0.68% 0.81% -0.52% 0.48%
0.90% -1.17% 0.60% -0.02% 1.07% -1.86% -1.54%
0.42% -1.43% 0.93% -0.06% 0.45% 1.34% 0.03%
1.02% 0.68% -0.59% -0.88% 0.48% -1.46% -4.12%
-0.57% 3.93% 0.25% 0.47% 1.77% -0.59% 1.82%
0.55% 0.10% -0.29% -0.28% 0.30% -2.16% 0.71%
-0.01% -0.57% -0.24% 0.90% -0.50% -0.18% -1.29%
-0.52% -2.20% 0.09% -0.11% 1.70% 2.50% 3.02%
-0.33% 0.90% 0.21% -0.85% 0.10% 0.83% 0.41%
-0.31% -0.17% 0.34% 0.76% 1.14% 1.61% 3.54%
0.86% -1.14% 0.38% 1.53% -1.69% -0.55% 1.13%
0.27% -0.55% 0.28% -0.78% 2.63% 2.02% 0.51%
0.49% 1.47% 0.24% 0.07% 1.59% -1.83% 0.87%
-0.38% 0.45% 0.24% 0.56% -0.39% 0.89% 2.51%
-0.44% -1.17% -0.38% -1.41% -0.13% 0.04% -0.38%
-0.22% -0.33% -1.02% 0.49% 0.82% -0.24% -2.63%
-0.65% 0.66% 0.66% -0.86% -0.39% -0.34% 1.21%
0.59% 0.33% -0.05% -1.40% -1.93% -0.46% -5.13%
-0.12% -0.45% 0.17% 0.18% -0.51% 0.57% -0.17%
-0.12% -0.19% 0.07% -0.23% 4.40% 3.44% 1.70%
1.14% -0.52% -0.09% 0.94% -1.98% -1.62% 0.32%
0.02% 0.29% -1.01% -0.19% 1.11% 0.20% 0.79%
-0.36% 0.90% 0.36% 0.95% -0.45% 0.77% 3.54%
0.60% -0.21% 0.32% -0.15% -0.72% -0.55% -0.07%
0.13% 0.45% 0.60% -0.38% -1.58% -0.30% -0.70%
 0.31% 0.11% 0.39% -0.73% 1.22% -1.24% -1.79%
0.15% -0.18% 0.49% -1.16% 1.08% 1.07% -1.55%
0.52% -0.55% 0.33% 0.06% 1.27% 1.46% -2.03%
-0.25% -1.02% 4.13% -1.21% -1.83% 2.74% -1.99%
-0.10% -0.65% 0.65% 0.82% 0.87% -2.39% 1.57%
-1.24% 0.42% -0.24% -0.18% 0.09% -0.28% -0.20%
-1.33% -0.38% -0.26% -0.28% -0.68% -1.57% 0.42%
-0.55% -0.45% -0.70% -0.48% -0.71% -1.86% -2.35%
0.72% 1.88% 0.77% -0.04% -2.47% -1.81% 0.61%
-0.03% 0.26% -0.09% -0.90% -0.23% 0.27% -0.31%
-0.50% 1.36% -0.16% 0.87% -0.60% -0.42% 1.61%
0.07% -0.74% -0.48% 0.27% -3.90% -2.72% 2.43%
-0.42% -0.24% 0.07% -0.23% 0.70% -1.36% 0.76%
-0.01% 0.09% 2.30% -1.68% 0.10% -1.25% -5.35%
0.75% 0.63% -1.33% -0.25% -0.08% -0.64% 2.22%
-0.30% 0.59% -1.48% 0.95% -1.40% -0.91% 2.06%
0.07% 1.26% -1.31% -0.33% 0.25% 0.51% -3.34%
0.79% -5.14% -1.23% -0.73% 1.85% 1.78% -2.81%
-1.56% 0.36% -1.15% 0.77% -1.31% 2.02% -0.76%
-0.49% 1.12% -2.21% -1.49% 0.53% -0.85% 3.54%
-0.70% -0.78% -0.25% -0.48% -0.27% -1.03% 1.95%
0.56% -0.58% -0.26% -0.27% 0.68% -0.49% 2.89%
1.84% -0.11% -0.43% -1.14% -1.45% -2.55% -0.72%
5.69% 0.17% 0.26% -0.84% 0.60% 1.47% -1.04%
-1.17% -0.10% -0.05% 0.12% -0.32% -1.05% -0.99%
-0.48% -1.14% -0.25% 0.47% -1.90% -3.68% 1.05%
-0.76% 0.68% -0.73% 0.19% 2.59% 0.50% 0.54%
-0.85% -0.36% 0.11% 0.17% 1.48% 0.05% -0.99%
-0.05% 0.29% 0.10% -0.16% -1.98% -1.40% -0.64%
1.66% -0.67% -0.97% -0.41% 0.28% -1.35% -0.36%
-0.05% 1.12% -0.77% -0.56% -0.53% -1.40% -1.18%
0.70% 0.23% 1.22% -0.66% -2.36% -0.19% 2.44%
-0.39% 0.87% 0.55% 0.07% 0.77% 0.36% 1.26%
-0.06% -0.32% 0.32% -0.16% 1.65% 1.34% -0.07%
0.09% -0.49% 0.42% 0.01% 0.21% 1.01% -2.82%
1.02% 0.00% -0.37% 0.81% 0.96% -3.09% -1.42%
0.02% 0.07% 0.56% -0.02% -0.27% 1.52% 3.20%
-1.70% -0.61% 2.06% 0.11% -0.62% 2.10% -1.38%
-0.71% 0.42% -0.38% 0.84% 0.04% 2.45% 0.51%
1.39% -0.51% 1.44% 0.80% -0.26% 2.13% 2.61%
-0.27% -2.25% 1.67% 0.78% -0.71% -0.95% -0.86%
-0.75% -0.43% -1.73% -0.91% 1.42% -0.63% -3.26%
0.49% 0.67% -0.27% -0.22% 1.16% -0.10% -2.10%
0.51% 0.45% 0.11% 0.99% -0.45% 0.98% -0.19%
-1.28% -1.31% -0.52% 1.80% 1.36% -1.70% 11.78%
 0.55% 0.12% -0.45% -1.02% -2.22% 0.76% -4.56%
0.52% 0.32% -0.02% -0.51% 1.02% -0.40% -1.59%
-0.04% -2.59% 0.52% -0.68% 0.13% -1.86% 0.74%
0.38% -0.28% -0.27% 0.14% -0.83% -0.17% 0.57%
0.56% 0.15% 0.14% 0.08% 0.27% -1.61% 0.09%
1.51% 0.47% 0.57% -0.54% 0.98% 2.27% -1.73%
-0.55% 0.23% 0.43% -0.32% -1.14% 0.33% -1.46%
0.10% -1.13% 0.52% -0.29% -0.16% 1.18% 0.24%
0.66% -0.47% 0.32% 1.25% -0.67% 3.28% -0.66%
-0.31% -0.23% 1.01% -1.73% 0.03% -2.14% -3.29%
0.53% 0.64% 0.02% -1.15% 0.43% 0.40% -0.10%
0.33% 1.49% 0.43% -0.84% 1.54% -0.44% -0.09%
-0.63% -1.56% -0.56% 0.43% 0.42% 0.99% -1.25%
0.17% 0.23% -0.73% 0.03% 0.45% 0.61% -0.41%
-0.34% 0.93% -0.75% -0.94% -0.34% -3.27% 0.45%
1.87% -0.31% -0.51% -0.39% -0.57% 1.95% 0.20%
0.24% -0.24% 0.02% 0.20% 0.84% 1.42% 0.01%
-0.07% -0.63% 0.40% 0.55% -1.71% 0.82% 1.16%
-0.56% -0.56% 0.06% -0.02% -0.42% 0.53% 0.95%
-0.76% -0.11% -0.37% 0.43% -0.67% 0.67% -1.99%
-0.69% -0.94% -0.32% -0.64% -1.94% -3.33% -2.07%
0.11% 1.04% -0.42% -1.53% 0.74% 2.09% 0.92%
0.08% 0.87% -5.96% -0.41% 0.40% -1.44% 0.97%
-0.19% -0.73% 0.27% -0.39% 1.06% 0.66% -0.14%
-0.18% -1.17% -1.82% 0.97% -0.95% -0.86% -0.77%
0.22% 1.99% 1.39% 0.87% 3.65% 5.63% 1.51%
-0.48% -1.25% 0.03% 0.67% -1.06% 2.42% 2.41%
-0.40% -0.86% -0.42% -1.14% 1.74% 0.22% 0.49%
-0.46% 0.08% 0.61% -0.18% 0.86% 1.16% 0.44%
-0.41% -0.84% -0.17% -1.44% 0.32% 0.26% -2.09%
-1.67% -0.72% -1.51% -0.21% 2.43% -0.97% -0.52%
0.48% -0.23% 0.74% -1.38% -0.69% -1.89% -1.28%
-0.41% 0.55% -0.83% 0.08% 0.30% -2.14% -1.19%
-0.66% 1.19% 0.38% 2.00% 1.46% -0.71% 2.43%
-0.41% -0.24% 1.20% 2.56% -0.49% -0.62% 0.65%
1.21% -0.99% 0.28% 2.08% 1.67% 1.89% 1.13%
0.47% -0.21% 0.57% -2.28% -1.38% -3.04% -1.08%
0.34% 1.01% -1.06% 1.83% 0.09% -0.53% 0.32%
-0.91% 3.44% -0.31% -3.37% -0.38% -4.13% 0.67%
-0.14% -0.69% -1.37% -0.41% 0.91% 1.27% -0.64%
-0.09% 1.18% -0.07% -1.54% -1.11% -2.68% -0.32%
1.48% 6.99% -0.89% -0.90% -3.73% -2.00% 0.68%
-0.36% -1.14% -0.44% -0.52% -0.58% 0.93% -0.50%
-2.25% -2.47% -0.47% 0.24% 1.45% 0.42% 0.65%
1.10% 1.99% -0.12% -1.02% 1.04% -1.79% -1.55%
-0.24% 0.55% 0.22% -0.97% -0.91% -0.50% -2.75%
-0.26% -0.61% -0.61% 0.69% -0.85% -0.37% 3.19%
0.77% 0.14% 0.64% 2.54% -1.71% 2.11% 2.65%
-0.64% 0.72% 0.16% -0.65% 0.53% 0.61% -0.96%
-1.12% 0.19% 0.46% -1.41% -1.50% -1.94% -0.75%
0.01% 1.07% -0.87% -0.47% -2.76% -2.84% 0.44%
-0.78% -0.52% -1.40% -0.47% 0.10% -1.75% -0.83%
0.68% 0.47% 0.91% -0.43% 2.68% 0.11% -3.98%
1.03% 0.23% -0.29% 1.29% 0.87% 1.92% 1.30%
0.15% -0.70% 0.07% -0.13% 2.16% 1.33% 1.43%
-0.61% -0.83% -0.73% 0.50% -1.25% 0.69% 2.96%
-0.18% -0.72% -0.21% -0.50% 0.47% 0.50% -0.15%
0.03% -0.76% 0.08% 0.69% 0.93% -1.28% 0.15%
-0.03% -0.67% 0.84% 0.53% 0.20% 0.04% 0.40%
-0.07% 0.03% 0.10% -0.76% 0.23% -0.08% 0.60%
-0.41% 0.72% -0.40% -0.44% 0.43% 0.08% -1.02%
-0.22% -0.74% 0.31% 1.13% -0.02% 0.35% -0.29%
0.43% -0.95% -0.83% -1.60% -0.01% -0.56% 0.96%
-0.50% 0.70% -0.77% 0.39% -0.59% 1.49% 0.09%
0.58% -0.53% 0.03% -0.49% 0.32% -0.12% 0.99%
-1.13% -0.96% 0.18% 0.32% 0.99% 2.99% 0.20%
-0.26% -0.52% -0.33% -1.13% 0.72% 0.69% -0.13%
-0.32% 0.00% 0.27% 0.30% -0.49% -0.58% -1.67%
-1.14% -1.60% -0.12% 0.41% 1.76% 0.61% 0.47%
0.42% 0.44% -0.40% -0.37% -0.55% -0.07% 0.57%
-0.50% -0.23% -0.56% -0.35% 0.17% 2.05% 0.42%
0.06% 0.03% 0.26% -0.35% -0.58% 0.33% 0.15%
0.42% -0.79% -1.26% -0.01% -0.23% 3.24% 0.42%
-0.76% 0.30% 0.63% 0.14% 0.51% -0.95% -0.92%
-0.75% 1.60% 0.19% 0.76% 0.08% 3.28% -0.83%
-0.18% -0.45% -0.09% -0.10% 0.82% 0.31% 3.56%
-0.56% -0.93% -0.53% 0.41% -0.01% -8.20% -0.50%
-0.65% 0.32% 0.35% -0.54% -0.63% -0.32% 0.05%
-0.83% -0.70% 0.34% -2.01% 0.65% -1.10% -4.13%
0.36% -1.06% 0.39% 0.10% -0.78% -2.51% -2.02%
-0.55% 0.14% 0.25% -0.61% 0.17% -1.14% -0.36%
-1.13% -1.21% -0.76% 0.25% -0.58% -0.34% -2.40%
0.41% 1.06% -0.42% -0.71% 0.49% -0.21% 0.81%
-0.96% -0.79% 0.40% -0.35% -1.32% -4.03% -1.00%
-0.30% -0.28% 0.16% -1.22% -1.98% -0.18% 0.07%
-1.20% -0.93% -0.15% -0.76% -0.39% 2.36% -0.06%
0.81% -0.27% 0.89% -1.17% -0.66% -6.55% -0.47%
0.41% 0.28% 3.31% -0.61% 1.47% 0.45% -2.85%
-0.36% -1.38% -0.83% -0.74% -0.80% 2.07% -2.15%
-0.34% -0.59% -0.72% 0.23% -0.49% -0.32% -1.08%
 2.88% -1.44% 0.20% -0.83% -1.14% -0.14% -1.34%
-0.36% 0.80% -0.33% -1.14% 0.55% -0.90% 0.34%
-0.52% -1.60% -1.26% -0.75% 0.09% -2.46% -0.72%
0.28% 0.97% -0.98% 0.74% -0.08% -0.11% -1.03%
-0.02% 2.15% 6.75% -2.42% 1.55% -2.16% -0.40%
-0.92% 1.43% 1.03% -2.99% -0.49% 0.81% -4.00%
-0.62% 0.90% 0.44% -2.75% 0.15% -1.39% -1.96%
0.21% -3.47% 3.61% 3.38% -0.31% -0.41% 1.34%
-0.76% 0.60% -0.06% -1.70% -0.56% -2.78% 0.04%
0.66% -0.64% -1.62% -0.12% -0.74% 0.54% -0.96%
-1.77% 0.38% -0.07% -3.22% -1.43% 1.11% -2.25%
-0.04% -1.28% -0.79% 0.78% 0.54% -0.88% 0.60%
-0.25% -0.05% 0.54% 0.57% 0.29% -1.05% 2.27%
1.53% -0.51% -0.48% -0.39% 0.86% -1.80% 0.44%
0.20% -1.15% -2.55% -0.64% -0.30% -1.02% 0.83%
1.76% 0.01% 0.56% -0.99% 1.10% -1.84% 0.29%
-2.11% 1.07% -0.63% 0.30% 0.33% 0.81% 1.61%
0.39% -0.28% 0.62% -0.42% -0.64% 0.06% 1.27%
1.81% 0.06% 0.14% -0.17% 0.71% 0.09% -0.01%
1.48% -0.97% 1.11% -1.39% 2.49% -2.92% -0.43%
1.40% -0.62% -0.20% -0.83% 2.96% 1.92% -0.14%
-0.16% -3.46% -1.01% -1.84% -1.62% -0.20% -1.66%
1.50% 0.11% -0.35% -1.69% 1.88% 3.70% 0.41%
-1.67% 0.50% -1.42% 4.03% -0.27% 3.27% -2.61%
2.84% -2.54% -1.36% 0.13% -3.89% -3.81% 0.35%
0.25% -0.14% -1.25% -2.06% 1.62% 0.31% 2.55%
-0.77% -1.82% -0.09% -1.97% -3.39% -6.14% -4.44%
2.72% -1.01% -0.09% -1.06% 1.84% 0.55% 0.88%
2.84% 2.85% 0.31% -3.23% -2.23% -1.65% -7.88%
7.84% -2.05% -0.18% -5.14% -4.68% -6.71% -21.29%
-2.60% 1.77% 0.92% -1.19% -4.67% 1.59% 5.65%
0.43% -0.48% -0.59% 1.66% -3.58% -5.60% 0.78%
0.49% -3.91% -3.76% -2.15% -7.66% -6.11% 4.06%
0.34% 2.15% -4.00% -6.38% 4.02% 4.27% -2.66%
6.12% 5.16% 4.19% 2.76% -11.03% -6.52% -1.25%
5.25% -7.39% 1.54% 0.69% -8.85% -0.60% -11.61%
8.07% 0.13% 2.37% -5.24% -15.09% -8.29% -13.93%
-3.06% 6.21% -3.62% 3.41% 0.60% 3.61% 12.64%
-0.26% -5.47% -0.63% -0.60% 0.07% 4.23% -3.91%
3.24% 2.72% 2.32% -1.05% -4.24% -3.65% 1.75%
-8.31% 4.50% 1.74% 2.98% -4.86% 6.84% -6.94%
-6.17% 1.48% -0.80% 3.94% 14.76% 5.91% 0.84%
-5.67% -1.56% 0.38% -2.03% 8.52% -4.20% -11.10%
3.21% -5.46% -0.97% -1.51% -1.79% -7.52% -4.32%
1.70% 0.17% 1.14% -1.82% -6.24% -2.37% -8.82%
Alpha Diario 0.05% -0.04% -0.02% -0.21% -0.12% -0.27% -0.29%
Alpha Anual 14.24% -10.21% -5.15% -41.60% -26.36% -49.93% -51.35%

Tracking Error Diario 1.44% 1.52% 1.16% 1.21% 2.16% 2.26% 2.72%
Tracking Error Anual 22.86% 24.10% 18.45% 19.20% 34.33% 35.95% 43.13%

Alpha Anual Participacion

Walmart 14.24% 63.62%
Disney -10.21% 9.00%
IBM -5.15% 9.73%
Exxon -41.60% 4.52%
Grupo Aval -26.36% 6.69%
Banco
Santander
de Brasil -49.93% 3.32%

US Oil
-51.35% 3.12%
Gas -89.07% 0.00%

Alpha del Portafolio

0.74%
Gas

-0.68%
6.46%
-9.12%
3.11%
1.22%
-2.03%
13.72%
28.39%
-6.77%
-5.13%
-0.23%
-0.19%
-20.37%
-3.96%
6.71%
3.65%
-19.19%
1.35%
-5.08%
-4.15%
-10.65%
-9.22%
2.09%
-1.18%
-11.72%
4.21%
4.30%
0.70%
-6.86%
-2.46%
3.75%
3.74%
-1.67%
5.65%
-0.70%
8.87%
-3.85%
3.52%
0.17%
3.59%
1.11%
3.55%
 -3.50%
2.61%
-0.12%
-10.37%
1.49%
2.25%
1.96%
-6.02%
4.68%
1.22%
-2.17%
-2.38%
-3.69%
-0.19%
-3.18%
-2.22%
-0.81%
-6.50%
2.41%
-1.34%
-2.26%
-3.61%
2.59%
4.22%
0.38%
-1.31%
-2.82%
-2.61%
-7.15%
-2.07%
-7.42%
-2.43%
2.92%
-8.11%
0.22%
4.55%
4.82%
0.97%
-2.19%
4.93%
-3.04%
-3.82%
-3.35%
2.99%
7.49%
 -1.61%
3.23%
2.05%
2.31%
-5.66%
2.82%
-0.76%
4.71%
-6.33%
-9.21%
3.81%
1.66%
-1.76%
4.90%
-7.57%
-11.09%
-6.62%
0.14%
-6.60%
-5.82%
-0.52%
1.93%
4.61%
-2.31%
-6.51%
7.30%
-2.36%
-7.98%
-6.04%
-12.59%
-1.82%
13.90%
-1.23%
0.90%
5.86%
-1.36%
-7.64%
-3.61%
4.94%
15.25%
0.27%
1.62%
2.90%
-5.65%
5.33%
 -6.58%
-10.95%
-0.85%
-3.11%
-3.90%
6.99%
-3.50%
-8.73%
1.79%
-9.01%
-6.09%
2.88%
14.79%
-9.17%
-3.68%
-5.22%
1.84%
-2.86%
3.15%
0.09%
0.00%
4.06%
3.21%
7.79%
-4.66%
-0.83%
2.49%
-6.30%
-2.77%
2.71%
8.00%
-3.89%
4.21%
5.69%
-1.35%
8.72%
10.35%
-1.29%
5.83%
12.21%
-1.21%
-5.02%
2.15%
6.23%
7.22%
 -3.83%
-3.92%
-9.44%
-1.78%
-0.14%
-3.39%
-1.20%
-8.46%
-5.45%
-10.10%
-3.04%
-2.73%
8.97%
0.14%
-5.47%
-0.44%
-7.95%
-4.60%
4.64%
4.69%
2.87%
-5.57%
3.73%
3.35%
-11.35%
-0.18%
-2.64%
4.31%
-1.09%
10.98%
6.92%
6.85%
-6.43%
6.59%
12.14%
5.46%
-4.95%
-4.16%
-0.63%
-17.02%
-1.70%
4.00%
-3.96%
1.79%
-14.27%
 -5.17%
4.73%
2.27%
7.66%
-15.16%
-6.39%
-4.16%
-23.73%
1.73%
12.84%
-4.30%
0.44%
-9.90%
-12.67%
1.68%
-3.45%
9.58%
-4.68%
5.07%
-3.51%
-5.10%
0.87%
3.68%
-12.26%
-2.73%
7.42%
-3.05%
-6.96%
-1.51%
-7.97%
-0.57%
3.60%
0.77%
-1.02%
0.41%
5.30%
-2.22%
-1.63%
-8.72%
-7.07%
-10.20%
-13.30%
1.49%
0.59%
-6.15%
 2.10%
4.13%
-5.11%
-7.39%
2.93%
-4.25%
7.57%
-2.11%
-1.40%
-1.45%
-14.98%
3.22%
7.68%
-2.93%
-0.07%
14.47%
2.61%
-7.46%
-0.67%
-6.26%
1.67%
-3.50%
-10.06%
-8.03%
5.73%
10.27%
1.53%
-8.45%
-6.16%
24.35%
10.86%
-3.58%
2.85%
-0.18%
-2.55%
-19.10%
-10.85%
7.07%
-8.61%
5.45%
2.81%
-4.09%
-11.64%
0.57%
0.12%
 -0.87%
-89.07%

6.59%
104.56%