Date Price Return on Stock (Ri) KSE 100

13-Jan 118.5 17,242.74

13-Feb 113.3 -4.39% 18,173.67
13-Mar 110 -2.91% 18,043.31
13-Apr 111.95 1.77% 18,982.42
13-May 115.96 3.58% 21,823.05
13-Jun 107.25 -7.51% 21,005.69
13-Jul 108.66 1.31% 23,312.77
13-Aug 108.15 -0.47% 22,160.85
13-Sep 101.69 -5.97% 21,832.68
13-Oct 108.1 6.30% 22,775.85
13-Nov 108.21 0.10% 24,302.19
13-Dec 111.99 3.49% 25,261.14
14-Jan 113.01 0.91% 26,784.34
14-Feb 109 -3.55% 25,783.28
14-Mar 110.85 1.70% 27,159.91
14-Apr 113.8 2.66% 28,912.98
14-May 110.6 -2.81% 29,737.69
14-Jun 112 1.27% 29,652.53
14-Jul 110.3 -1.52% 30,314.07
14-Aug 114.89 4.16% 28,567.74
14-Sep 113.53 -1.18% 29,726.39
14-Oct 117.8 3.76% 30,376.53
14-Nov 119.35 1.32% 31,197.98
14-Dec 117 -1.97% 32,131.28
15-Jan 132.23 13.02% 34,443.87
15-Feb 141.44 6.97% 33,632.19
15-Mar 133.25 -5.79% 30,233.87
15-Apr 142.5 6.94% 33,729.96
15-May 140.4 -1.47% 33,056.79
15-Jun 150 6.84% 34,398.86
15-Jul 146.89 -2.07% 35,741.52
15-Aug 137.51 -6.39% 34,726.51
15-Sep 124.3 -9.61% 32,287.41
15-Oct 125.7 1.13% 34,261.60
15-Nov 120.25 -4.34% 32,255.20
15-Dec 118 -1.87% 32,816.31
16-Jan 111.11 -5.84% 31,298.60
16-Feb 108.6 -2.26% 31,369.51
16-Mar 106.36 -2.06% 33,139.00
16-Apr 107.01 0.61% 34,719.29
16-May 113.75 6.30% 36,061.56
16-Jun 115 1.10% 37,783.54
16-Jul 113.8 -1.04% 39,505.28
 16-Aug 110.86 -2.58% 39,809.58
16-Sep 103.9 -6.28% 40,541.81
16-Oct 104.5 0.58% 39,893.84
16-Nov 105.1 0.57% 42,622.37
16-Dec 104.4 -0.67% 47,806.97
17-Jan 115.81 10.93% 48,757.67
17-Feb 108 -6.74% 48,534.23
17-Mar 103.9 -3.80% 48,155.93
17-Apr 96 -7.60% 49,300.90
17-May 96.28 0.29% 50,591.57
17-Jun 82.5 -14.31% 46,565.29
17-Jul 80.27 -2.70% 46,010.45
17-Aug 70.86 -11.72% 41,206.99
17-Sep 83.14 17.33% 42,409.27
17-Oct 80 -3.78% 39,617.19
17-Nov 81.07 1.34% 40,010.36
17-Dec 79 -2.55% 40,471.48
18-Jan 90.3 14.30% 44,049.05
18-Feb 88.7 -1.77% 43,239.44
18-Mar 93.75 5.69% 45,560.30
18-Apr 99.65 6.29% 45,488.86
18-May 98.1 -1.56% 42,846.64
18-Jun 98.89 0.81% 41,910.90
18-Jul 99.56 0.68% 42,712.43
18-Aug 97.84 -1.73% 41,742.24
18-Sep 97.75 -0.09% 40,998.59
18-Oct 98.5 0.77% 41,649.36
18-Nov 98.75 0.25% 40,496.03
18-Dec 93 -5.82% 37,066.67

Sum -13.66%
Average -0.19%
Covarience
Varience

Beta(Covarie
nce/Varienc
e 0.570
 Col 2 (Ri)-(Ri Col 3(Rm)-(Rm
Return on Market (Rm) Bar) Bar) Col 2 *Col 3 Col 3^2

5.40% -4.20% 4.18% -0.1754% 0.1746%

-0.72% -2.72% -1.94% 0.0527% 0.0375%
5.20% 1.96% 3.98% 0.0782% 0.1588%
14.96% 3.77% 13.74% 0.5184% 1.8891%
-3.75% -7.32% -4.97% 0.3635% 0.2466%
10.98% 1.50% 9.76% 0.1469% 0.9532%
-4.94% -0.28% -6.16% 0.0172% 0.3796%
-1.48% -5.78% -2.70% 0.1562% 0.0729%
4.32% 6.49% 3.10% 0.2013% 0.0961%
6.70% 0.29% 5.48% 0.0160% 0.3005%
3.95% 3.68% 2.73% 0.1004% 0.0743%
6.03% 1.10% 4.81% 0.0529% 0.2313%
-3.74% -3.36% -4.96% 0.1665% 0.2458%
5.34% 1.89% 4.12% 0.0777% 0.1697%
6.45% 2.85% 5.23% 0.1493% 0.2740%
2.85% -2.62% 1.63% -0.0428% 0.0266%
-0.29% 1.46% -1.51% -0.0219% 0.0227%
2.23% -1.33% 1.01% -0.0134% 0.0102%
-5.76% 4.35% -6.98% -0.3038% 0.4873%
4.06% -0.99% 2.84% -0.0282% 0.0804%
2.19% 3.95% 0.97% 0.0382% 0.0094%
2.70% 1.51% 1.48% 0.0223% 0.0220%
2.99% -1.78% 1.77% -0.0315% 0.0314%
7.20% 13.21% 5.98% 0.7894% 0.3573%
-2.36% 7.16% -3.58% -0.2559% 0.1279%
-10.10% -5.60% -11.32% 0.6342% 1.2824%
11.56% 7.13% 10.34% 0.7377% 1.0699%
-2.00% -1.28% -3.22% 0.0413% 0.1034%
4.06% 7.03% 2.84% 0.1996% 0.0806%
3.90% -1.88% 2.68% -0.0505% 0.0720%
-2.84% -6.20% -4.06% 0.2515% 0.1648%
-7.02% -9.42% -8.24% 0.7763% 0.6796%
6.11% 1.32% 4.89% 0.0644% 0.2396%
-5.86% -4.15% -7.08% 0.2934% 0.5007%
1.74% -1.68% 0.52% -0.0087% 0.0027%
-4.62% -5.65% -5.84% 0.3302% 0.3416%
0.23% -2.07% -0.99% 0.0206% 0.0099%
5.64% -1.87% 4.42% -0.0828% 0.1954%
4.77% 0.80% 3.55% 0.0284% 0.1259%
3.87% 6.49% 2.65% 0.1717% 0.0700%
4.78% 1.29% 3.56% 0.0458% 0.1264%
4.56% -0.85% 3.34% -0.0285% 0.1113%
 0.77% -2.39% -0.45% 0.0108% 0.0020%
1.84% -6.09% 0.62% -0.0377% 0.0038%
-1.60% 0.77% -2.82% -0.0216% 0.0794%
6.84% 0.76% 5.62% 0.0429% 0.3158%
12.16% -0.48% 10.94% -0.0521% 1.1977%
1.99% 11.12% 0.77% 0.0855% 0.0059%
-0.46% -6.55% -1.68% 0.1100% 0.0282%
-0.78% -3.61% -2.00% 0.0721% 0.0400%
2.38% -7.41% 1.16% -0.0858% 0.0134%
2.62% 0.48% 1.40% 0.0067% 0.0195%
-7.96% -14.12% -9.18% 1.2962% 0.8424%
-1.19% -2.51% -2.41% 0.0606% 0.0582%
-10.44% -11.53% -11.66% 1.3447% 1.3595%
2.92% 17.52% 1.70% 0.2974% 0.0288%
-6.58% -3.59% -7.80% 0.2799% 0.6090%
0.99% 1.53% -0.23% -0.0035% 0.0005%
1.15% -2.36% -0.07% 0.0016% 0.0000%
8.84% 14.49% 7.62% 1.1044% 0.5806%
-1.84% -1.58% -3.06% 0.0484% 0.0935%
5.37% 5.88% 4.15% 0.2440% 0.1720%
-0.16% 6.48% -1.38% -0.0893% 0.0190%
-5.81% -1.37% -7.03% 0.0960% 0.4940%
-2.18% 1.00% -3.40% -0.0339% 0.1159%
1.91% 0.87% 0.69% 0.0060% 0.0048%
-2.27% -1.54% -3.49% 0.0537% 0.1219%
-1.78% 0.10% -3.00% -0.0029% 0.0901%
1.59% 0.96% 0.37% 0.0035% 0.0013%
-2.77% 0.44% -3.99% -0.0177% 0.1591%
-8.47% -5.63% -9.69% 0.5457% 0.9386%

86.39% 10.8645% 19.0508%

1.22%
0.15%
0.27%