RISK AND RETURN

PAK SUZUKI

CLOSING ANNUALIZED ANNUALIZED

DATE HPR HPY (Rs) RS RS-ŔS (RS-ŔS)²
PRICE HPR HPY
Dec/05 208.00
Jan/06 288.95 1.38918 0.38918 51.65500 50.65500 0.38918 0.36322 0.13193
Feb/06 262.50 0.90846 -0.09154 0.31599 -0.68401 -0.09154 -0.09154 0.00838
Mar/06 258.00 0.98286 -0.01714 0.81261 -0.18739 -0.01714 -0.01714 0.00029
Apr/06 301.00 1.16667 0.16667 6.35860 5.35860 0.16667 0.16667 0.02778
May/06 295.00 0.98007 -0.01993 0.78536 -0.21464 -0.01993 -0.01993 0.00040
Jun/06 313.00 1.06102 0.06102 2.03548 1.03548 0.06102 0.06102 0.00372
Jul/06 346.05 1.10559 0.10559 3.33529 2.33529 0.10559 0.10559 0.01115
Aug/06 374.90 1.08337 0.08337 2.61408 1.61408 0.08337 0.08337 0.00695
Sep/06 402.45 1.07349 0.07349 2.34184 1.34184 0.07349 0.07349 0.00540
Oct/06 418.50 1.03988 0.03988 1.59883 0.59883 0.03988 0.03988 0.00159
Nov/06 410.00 0.97969 -0.02031 0.78174 -0.21826 -0.02031 -0.02031 0.00041
Dec/06 420.00 1.02439 0.02439 1.33532 0.33532 0.02439 0.02439 0.00059
Jan/07 445.00 1.05952 0.05952 2.00138 1.00138 0.05952 0.05952 0.00354
Feb/07 476.00 1.06966 0.06966 2.24369 1.24369 0.06966 0.06966 0.00485
Mar/07 519.95 1.09233 0.09233 2.88573 1.88573 0.09233 0.09233 0.00853
Apr/07 374.05 0.71940 -0.28060 0.01921 -0.98079 -0.28060 -0.28060 0.07874
May/07 367.50 0.98249 -0.01751 0.80897 -0.19103 -0.01751 -0.01751 0.00031
Jun/06 392.00 1.06667 0.06667 2.16943 1.16943 0.06667 0.06667 0.00444
Jul/07 403.10 1.02832 0.02832 1.39804 0.39804 0.02832 0.02832 0.00080
Aug/07 372.00 0.92285 -0.07715 0.38156 -0.61844 -0.07715 -0.07715 0.00595
Sep/07 385.50 1.03629 0.03629 1.53383 0.53383 0.03629 0.03629 0.00132
Oct/07 384.75 0.99805 -0.00195 0.97690 -0.02310 -0.00195 -0.00195 0.00000
Nov/07 370.75 0.96361 -0.03639 0.64096 -0.35904 -0.03639 -0.03639 0.00132
Dec/07 329.65 0.88914 -0.11086 0.24415 -0.75585 -0.11086 -0.11086 0.01229

1.58486 0.62299 65.27401 0.62299 0.32070

A.M= ∑HPY/n ŔS=∑RS/N TOTAL RISK Ŕm=∑Rm/n

0.02596 0.02596 бѕ²=∑(RS-ŔS)²/n 0.01849
G.M= (∏HPR)^1/n -1 0.01336
-0.93396 бѕ= 0.11560
URN
KI

KSE INDEX Rm Rm-Ŕm (Rm-Ŕm)² (RS-ŔS)(Rm-

Ŕm)
9556.61
10523.37 0.10116 0.08267 0.00683 0.03003
11456.12 0.08864 0.08864 0.00786 -0.00811
11485.90 0.00260 0.00260 0.00001 -0.00004
11342.17 -0.01251 -0.01251 0.00016 -0.00209
9800.69 -0.13591 -0.13591 0.01847 0.00271
9989.41 0.01926 0.01926 0.00037 0.00117
10497.66 0.05088 0.05088 0.00259 0.00537
10063.54 -0.04135 -0.04135 0.00171 -0.00345
10512.52 0.04461 0.04461 0.00199 0.00328
11327.71 0.07754 0.07754 0.00601 0.00309
10619.47 -0.06252 -0.06252 0.00391 0.00127
10040.50 -0.05452 -0.05452 0.00297 -0.00133
11272.33 0.12269 0.12269 0.01505 0.00730
11180.02 -0.00819 -0.00819 0.00007 -0.00057
11271.59 0.00819 0.00819 0.00007 0.00076
12369.70 0.09742 0.09742 0.00949 -0.02734
12961.14 0.04781 0.04781 0.00229 -0.00084
13772.46 0.06260 0.06260 0.00392 0.00417
13739.53 -0.00239 -0.00239 0.00001 -0.00007
12214.26 -0.11101 -0.11101 0.01232 0.00856
13353.68 0.09329 0.09329 0.00870 0.00339
14321.39 0.07247 0.07247 0.00525 -0.00014
13998.52 -0.02254 -0.02254 0.00051 0.00082
14077.16 0.00562 0.00562 0.00003 -0.00062

0.44382 0.11058 0.02733

RELATIVE RISK бm²=∑(Rm-Ŕm)²/n SYSTEMATIC RISK

C.V=бѕ/ŔS 0.00461 β=C.V(Rs,Rm)/бm²
4.45319 0.24714
C.V(Rs,Rm)
0.00114

UNSYSTEMATIC RISK
бѕ²=β²бm²+бe²
бe²= 0.01308