Date Amarraj Returns NIFTY Returns

4/2/2018 783.323242 10211.7998

4/3/2018 784.482971 0.14794293 10245 0.32458864
4/4/2018 771.582153 -1.6581714 10128.4004 -1.1446384
4/5/2018 776.462097 0.63046779 10325.1504 1.92393068 MEAN
4/6/2018 774.626038 -0.2367447 10331.5996 0.06244175
4/9/2018 776.027344 0.18073754 10379.3496 0.46110957 VAR
4/10/2018 785.449219 1.20680509 10402.25 0.22039112
4/11/2018 790.281006 0.61327784 10417.1504 0.14313951 STDEV
4/12/2018 785.642456 -0.5886788 10458.6504 0.39759006
4/13/2018 785.739136 0.0123051 10480.5996 0.20964673 COVAR
4/16/2018 795.740906 1.26487886 10528.3496 0.45456897
4/17/2018 792.020386 -0.4686507 10548.7002 0.19310665 BETA
4/18/2018 820.286194 3.50661651 10526.2002 -0.2135242
4/19/2018 816.903931 -0.4131796 10565.2998 0.3707622 0.3970754 MARKET RISK
4/20/2018 824.731323 0.95361638 10564.0498 -0.0118319
4/23/2018 831.44751 0.81105056 10584.7002 0.19528716 2.3014455 UNSYS RISK
4/24/2018 818.78833 -1.5342569 10614.3496 0.27972417
4/25/2018 815.937561 -0.3487767 10570.5498 -0.4135008 ^^VARIANCE
4/26/2018 811.492371 -0.5462848 10617.7998 0.44600055
4/27/2018 830.529419 2.31883659 10692.2998 0.69920183 (We use variance because it is more accurate and practical)
4/30/2018 832.413879 0.22664162 10739.3496 0.43906914
5/2/2018 856.379333 2.83836562 10718.0498 -0.1985312
5/3/2018 833.766785 -2.6759695 10679.6504 -0.358912
5/4/2018 830.529419 -0.3890377 10618.25 -0.5765879
5/7/2018 856.234375 3.04807896 10715.5 0.91170726
5/8/2018 839.999695 -1.9142612 10717.7998 0.02146011
5/9/2018 858.553589 2.18475713 10741.7002 0.2227489
5/10/2018 842.463867 -1.8918327 10716.5498 -0.2344124
5/11/2018 834.346497 -0.9681993 10806.5 0.83585477
5/14/2018 837.825439 0.4160992 10806.5996 0.00092175
5/15/2018 830.674316 -0.8571972 10801.8496 -0.0439643
5/16/2018 832.46228 0.21501117 10741.0996 -0.5639911
5/17/2018 839.854675 0.88409594 10682.7002 -0.5451839
5/18/2018 803.906616 -4.3745758 10596.4004 -0.8111271
5/21/2018 781.197327 -2.8655336 10516.7002 -0.7549869
5/22/2018 772.113647 -1.1696027 10536.7002 0.18999312
5/23/2018 756.023804 -2.1058888 10430.3496 -1.0144632
5/24/2018 748.389709 -1.0149019 10513.8496 0.79736104
5/25/2018 762.015259 1.80427368 10605.1504 0.86463706
5/28/2018 762.884949 0.11406518 10688.6504 0.78426983
5/29/2018 764.914246 0.26564986 10633.2998 -0.5191899
5/30/2018 762.111877 -0.3670366 10614.3496 -0.1783746
5/31/2018 771.582153 1.23497858 10736.1504 1.14097659
6/1/2018 750.032593 -2.8326488 10696.2002 -0.3728032
6/4/2018 736.552002 -1.8136823 10628.5 -0.6349484
6/5/2018 747.133423 1.42639406 10593.1504 -0.333147
6/6/2018 748.389709 0.16800627 10684.6504 0.86005659
6/7/2018 752.593323 0.56011626 10768.3496 0.78030711
6/8/2018 759.840942 0.95841183 10767.6504 -0.0064935
6/11/2018 747.954773 -1.5766612 10786.9502 0.17907833
6/12/2018 751.578735 0.48334619 10842.8496 0.51687523
6/13/2018 748.148071 -0.457506 10856.7002 0.12765784
6/14/2018 744.620911 -0.472567 10808.0498 -0.449121
6/15/2018 747.181763 0.34332349 10817.7002 0.08924907
6/18/2018 736.890137 -1.3869666 10799.8496 -0.1651491
6/19/2018 736.890137 0 10710.4502 -0.831229
6/20/2018 740.852173 0.53622955 10772.0498 0.57348799
6/21/2018 734.522522 -0.8580451 10741.0996 -0.287733
6/22/2018 739.112732 0.62297978 10821.8496 0.7489734
6/25/2018 715.727112 -3.215149 10762.4502 -0.550396
6/26/2018 722.105042 0.887165 10769.1504 0.06223593
6/27/2018 719.254272 -0.3955674 10671.4004 -0.9118299
6/28/2018 703.599365 -2.2005832 10589.0996 -0.7742169
6/29/2018 701.715027 -0.2681733 10714.2998 1.17541464
7/2/2018 721.235291 2.74380467 10657.2998 -0.5334195
7/3/2018 736.696838 2.12110377 10699.9004 0.39893471
7/4/2018 750.854004 1.90347692 10769.9004 0.65208102
7/5/2018 747.42334 -0.4579486 10749.75 -0.1872744
7/6/2018 750.467407 0.40644769 10772.6504 0.21280526
7/9/2018 758.053223 1.00573765 10852.9004 0.74218104
7/10/2018 793.131714 4.52357055 10947.25 0.86559218
7/11/2018 792.938416 -0.0243745 10948.2998 0.00958921
7/12/2018 803.713257 1.34970009 11023.2002 0.68179851
7/13/2018 777.960022 -3.2567423 11018.9004 -0.0390145
7/16/2018 752.400024 -3.3407008 10936.8496 -0.747423
7/17/2018 758.053223 0.74854689 11008.0498 0.648902
7/18/2018 750.467407 -1.0057376 10980.4502 -0.2510369
7/19/2018 736.745178 -1.8454145 10957.0996 -0.2128824
7/20/2018 737.083496 0.04591009 11010.2002 0.48345213
7/23/2018 763.513123 3.5229135 11084.75 0.67481562
7/24/2018 772.645142 1.18895647 11134.2998 0.44601266
7/25/2018 763.609741 -1.1763029 11132 -0.0206573
7/26/2018 766.025574 0.31587072 11167.2998 0.31660038
7/27/2018 765.687378 -0.0441592 11278.3496 0.98950766
7/30/2018 778.394897 1.64600114 11319.5498 0.3646378
7/31/2018 796.12738 2.25252231 11356.5 0.32589651
8/1/2018 795.25769 -0.1092998 11346.2002 -0.0907364
8/2/2018 784.793823 -1.3245163 11244.7002 -0.8985979
8/3/2018 793.002502 1.04053393 11360.7998 1.02718923
8/6/2018 808.254578 1.90507039 11387.0996 0.23122852
8/7/2018 804.271606 -0.494005 11389.4502 0.0206404
8/8/2018 797.374146 -0.8613019 11450 0.53022246
8/9/2018 798.637085 0.15826195 11470.7002 0.1806245
8/10/2018 801.065735 0.30363788 11429.5 -0.3598243
8/13/2018 805.777283 0.58643706 11355.75 -0.6473509
8/14/2018 823.166443 2.13510391 11435.0996 0.69633147
8/16/2018 830.598083 0.89876036 11385.0498 -0.4386464
8/17/2018 833.026733 0.29197109 11470.75 0.74992429
8/20/2018 866.347839 3.92207555 11551.75 0.70366237
8/21/2018 839.681152 -3.1264251 11570.9004 0.16564187
8/23/2018 848.812927 1.08165781 11582.75 0.1023563
8/24/2018 839.681152 -1.0816578 11557.0996 -0.2216989
8/27/2018 850.12439 1.23604411 11691.9502 1.16006546
8/28/2018 828.752258 -2.5461414 11738.5 0.39734504
8/29/2018 837.106873 1.0030482 11691.9004 -0.397771
8/30/2018 818.454834 -2.2533534 11676.7998 -0.1292377
8/31/2018 821.757813 0.40275064 11680.5 0.03168341
9/3/2018 821.369202 -0.0473014 11582.3496 -0.8438431
9/4/2018 799.025635 -2.7579677 11520.2998 -0.5371674
9/5/2018 792.273987 -0.8485754 11476.9502 -0.3769987
9/6/2018 775.516296 -2.1378279 11536.9004 0.52099349
9/7/2018 792.371155 2.15009162 11589.0996 0.45143394
9/10/2018 784.356628 -1.0166113 11438.0996 -1.3115113
 9/11/2018 762.935974 -2.7689685 11287.5 -1.3253935
9/12/2018 800.968506 4.86475137 11369.9004 0.72736283
9/14/2018 778.090698 -2.8978532 11515.2002 1.26983717
9/17/2018 761.430176 -2.164462 11377.75 -1.2008225
9/18/2018 768.084717 0.87015602 11278.9004 -0.8725936
9/19/2018 767.113159 -0.1265711 11234.3496 -0.3957744
9/21/2018 730.926331 -4.8321649 11143.0996 -0.8155577
9/24/2018 739.912354 1.22190624 10967.4004 -1.5893165
9/25/2018 746.081116 0.83025902 11067.4502 0.90811137
9/26/2018 764.004517 2.37393726 11053.7998 -0.1234143
9/27/2018 733.695007 -4.0480281 10977.5498 -0.6921982
9/28/2018 718.831665 -2.0466214 10930.4502 -0.429977
10/1/2018 724.028931 0.7204145 11008.2998 0.70970257
10/3/2018 716.451538 -1.0520744 10858.25 -1.3724356
10/4/2018 708.437073 -1.124937 10599.25 -2.4141916
10/5/2018 698.819519 -1.3668728 10316.4502 -2.7043516
10/8/2018 708.631348 1.39429208 10348.0498 0.30583498
10/9/2018 713.14856 0.6354327 10301.0498 -0.4552264
10/10/2018 718.345947 0.72615156 10460.0996 1.53221686
10/11/2018 698.916748 -2.741964 10234.6504 -2.1788921
10/12/2018 714.848633 2.25391846 10472.5 2.29737135
10/15/2018 741.418091 3.64938734 10512.5 0.38122515
10/16/2018 738.066528 -0.4530725 10584.75 0.68492607
10/17/2018 724.320374 -1.8800167 10453.0498 -1.2520503
10/19/2018 712.419983 -1.6566199 10303.5498 -1.4405306
10/22/2018 720.871704 1.17935784 10245.25 -0.5674294
10/23/2018 725.826172 0.68493739 10146.7998 -0.9655818
10/24/2018 720.580322 -0.7253664 10224.75 0.76528861
10/25/2018 750.258362 4.03607397 10124.9004 -0.9813477
10/26/2018 747.003967 -0.4347134 10030 -0.9417173
10/29/2018 742.438049 -0.6131064 10250.8496 2.17799889
10/30/2018 731.703552 -1.4563983 10198.4004 -0.5129707
10/31/2018 723.494629 -1.1282326 10386.5996 1.82855926
11/1/2018 725.146118 0.22800542 10380.4502 -0.0592228
11/2/2018 768.230347 5.77164426 10553 1.64859315
11/5/2018 747.635376 -2.7174225 10524 -0.2751817
11/6/2018 751.181213 0.47315244 10530 0.0569963
11/7/2018 756.815613 0.74727295 10598.4004 0.64747571
11/9/2018 750.452637 -0.8443107 10585.2002 -0.1246266
11/12/2018 736.026489 -1.9410432 10482.2002 -0.9778218
11/13/2018 722.183167 -1.8987308 10582.5 0.95230943
11/14/2018 715.140137 -0.9800281 10576.2998 -0.0586063
11/15/2018 716.208679 0.14930563 10616.7002 0.3812621
11/16/2018 712.808533 -0.4758728 10682.2002 0.61505717
11/19/2018 711.642822 -0.1636716 10763.4004 0.75727032
11/20/2018 707.11322 -0.6385337 10656.2002 -1.0009626
11/21/2018 707.648987 0.07573952 10600.0498 -0.5283201
11/22/2018 697.128479 -1.4978464 10526.75 -0.6939063
11/26/2018 703.314087 0.88338478 10628.5996 0.96288076
11/27/2018 717.097961 1.94088845 10685.5996 0.53485599
11/28/2018 711.886353 -0.7294175 10728.8496 0.40393342
11/29/2018 705.213623 -0.9417514 10858.7002 1.20302816
11/30/2018 690.894104 -2.0514207 10876.75 0.16608636
12/3/2018 696.933655 0.87036581 10883.75 0.06433676
12/4/2018 695.277588 -0.2379047 10869.5 -0.1310149
12/5/2018 690.650574 -0.6677159 10782.9004 -0.799912
12/6/2018 684.854553 -0.842753 10601.1504 -1.699906
 12/7/2018 685.049438 0.02845236 10693.7002 0.86922786
12/10/2018 679.399475 -0.8281725 10488.4502 -1.9380131
12/11/2018 700.294434 3.02915836 10549.1504 0.57706547
12/12/2018 713.493713 1.86727588 10737.5996 1.7706239
12/13/2018 710.084229 -0.479003 10791.5498 0.50118384
12/14/2018 715.539368 0.76530238 10805.4502 0.12872521
12/17/2018 718.510315 0.41434426 10888.3496 0.76427199
12/18/2018 715.149719 -0.4688144 10908.7002 0.18672795
12/19/2018 729.956299 2.049275 10967.2998 0.53574465
12/20/2018 726.352112 -0.4949768 10951.7002 -0.1423387
12/21/2018 724.01416 -0.322395 10754 -1.8216935
12/24/2018 726.400757 0.32909192 10663.5 -0.8451083
12/26/2018 712.860535 -1.8816071 10729.8496 0.62028456
12/27/2018 716.85437 0.55869116 10779.7998 0.46444537
12/28/2018 715.782837 -0.1495889 10859.9004 0.7403148
12/31/2018 723.624451 1.0895723 10862.5498 0.02439333
1/1/2019 719.679321 -0.5466818 10862.5498 0
1/2/2019 714.565186 -0.7131499 10792.5 -0.6469627
1/3/2019 697.469421 -2.4215554 10672.25 -1.1204534
1/4/2019 704.921448 1.06277035 10727.3496 0.51496039
1/7/2019 716.513367 1.63105277 10771.7998 0.41350714
1/8/2019 719.581909 0.42734583 10802.1504 0.28136346
1/9/2019 721.578796 0.27712222 10855.1504 0.48944332
1/10/2019 735.557434 1.91870418 10821.5996 -0.3095557
1/11/2019 735.898376 0.04634077 10794.9502 -0.246565
1/14/2019 742.814636 0.93545 10737.5996 -0.5326886
1/15/2019 745.590942 0.37305816 10886.7998 1.37994643
1/16/2019 747.246826 0.22184389 10890.2998 0.03214386
1/17/2019 764.878479 2.33214166 10905.2002 0.13672907
1/18/2019 761.809998 -0.4019792 10906.9502 0.0160461
1/21/2019 756.598511 -0.6864434 10961.8496 0.50208086
1/22/2019 761.079346 0.59048737 10922.75 -0.3573257
1/23/2019 762.199646 0.14709061 10831.5 -0.8389215
1/24/2019 756.306213 -0.7762186 10849.7998 0.16880731
1/25/2019 746.808594 -1.2637418 10780.5498 -0.6403062
1/28/2019 721.043091 -3.5110018 10661.5498 -1.1099773
1/29/2019 732.927368 1.63477072 10652.2002 -0.0877331
1/30/2019 732.342896 -0.0797767 10651.7998 -0.0037588
1/31/2019 725.670166 -0.9153247 10830.9502 1.66789208
2/1/2019 749.68219 3.25537753 10893.6504 0.57722921
2/4/2019 752.020142 0.31137381 10912.25 0.17059248
2/5/2019 750.802429 -0.1620568 10934.3496 0.2023163
2/6/2019 763.125061 1.62793849 11062.4502 1.16473337
2/7/2019 762.735413 -0.0510726 11069.4004 0.06280719
2/8/2019 733.609192 -3.8934748 10943.5996 -1.1429805
2/11/2019 721.286621 -1.693986 10888.7998 -0.5020055
2/12/2019 721.091797 -0.0270143 10831.4004 -0.5285361
2/14/2019 720.458557 -0.0878554 10746.0498 -0.7911132
2/15/2019 721.286621 0.11486969 10724.4004 -0.2016671
2/18/2019 722.796448 0.20910536 10640.9502 -0.7811772
2/19/2019 719.1922 -0.4999007 10604.3496 -0.3445527
2/20/2019 705.554565 -1.9144527 10735.4502 1.22871101
2/21/2019 716.123779 1.48689171 10789.8496 0.50544736
2/22/2019 711.253235 -0.6824494 10791.6504 0.0166882
2/25/2019 713.152649 0.26669577 10880.0996 0.81626734
2/26/2019 710.132935 -0.4243307 10835.2998 -0.4126092
2/27/2019 702.680908 -1.0549297 10806.6504 -0.2647583
 2/28/2019 698.34613 -0.618802 10792.5 -0.1310273
3/1/2019 708.08728 1.38524948 10863.5 0.65570977
3/5/2019 716.269897 1.14896841 10987.4502 1.13451839
3/6/2019 727.71582 1.58535678 11053 0.59481542
3/7/2019 723.380981 -0.5974587 11058.2002 0.04703675
3/8/2019 719.581909 -0.5265667 11035.4004 -0.2063929
3/11/2019 725.816223 0.8626485 11168.0498 1.19486828
3/12/2019 727.520935 0.23459288 11301.2002 1.18519264
3/13/2019 731.173889 0.50085344 11341.7002 0.3577284
3/14/2019 727.180115 -0.5477112 11343.25 0.01366373
3/15/2019 727.228699 0.00668093 11426.8496 0.73429617
3/18/2019 715.00354 -1.6953513 11462.2002 0.30888669
3/19/2019 721.091797 0.84789545 11532.4004 0.61058172
3/20/2019 708.233398 -1.7992751 11521.0498 -0.0984719
3/22/2019 697.566772 -1.5175458 11456.9004 -0.5583577
3/25/2019 689.189392 -1.2082127 11354.25 -0.900008
3/26/2019 691.33252 0.31048109 11483.25 1.12973287
3/27/2019 702.729614 1.63512768 11445.0498 -0.3332147
3/28/2019 698.881897 -0.5490432 11570 1.08582361

RETURNS PER YEAR -11.406367 12.4871646

 AMAR MARKET

-0.0465566 0.050968

2.698521 0.6154216

1.6427176 0.7844881

0.4943367

0.8032489

0.6301392 (Systematic risk)

1.0125783

se it is more accurate and practical)

SUMMARY OUTPUT

Regression Statistics
Multiple R 0.385168
R Square 0.148354
Adjusted R Square 0.144849
Standard Error 1.519092 (Standard devation of residuals)
Observations 245

ANOVA
df SS MS F Significance F
Regression 1 97.68219 97.68219 42.32988 4.364E-10
Residual 243 560.7569 2.307642
Total 244 658.4391

Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%Lower 95.0%
Upper 95.0%
Intercept -0.087664 0.097257 -0.901371 0.368283 -0.279238 0.103909 -0.279238 0.103909
X Variable 1 0.806541 0.123966 6.506141 4.364E-10 0.562356 1.050726 0.562356 1.050726
(Beta value)

RESIDUAL OUTPUT
(Unsystematic risk)
Observation Predicted Y Residuals
1 0.17413 -0.026187 STDEV VARIANCE
2 -1.010862 -0.647309 1.515976 2.298184
3 1.464064 -0.833597
4 -0.037303 -0.199442
5 0.284239 -0.103502
6 0.09009 1.116715
7 0.027783 0.585494
8 0.233008 -0.821687
9 0.081424 -0.069119
10 0.278964 0.985915
11 0.068084 -0.536735
12 -0.25988 3.766497
13 0.211371 -0.62455
14 -0.097207 1.050824
15 0.069843 0.741208
16 0.137945 -1.672201
17 -0.42117 0.072393
18 0.272053 -0.818338
19 0.476271 1.842566
20 0.266463 -0.039821
21 -0.247788 3.086154
22 -0.377142 -2.298828
23 -0.552706 0.163668
24 0.647665 2.400414
25 -0.070356 -1.843905
26 0.091992 2.092765
27 -0.276728 -1.615105
28 0.586487 -1.554686
29 -0.086921 0.50302
30 -0.123123 -0.734074
31 -0.542546 0.757557
32 -0.527378 1.411474
33 -0.741872 -3.632704
34 -0.696592 -2.168941
35 0.065573 -1.235176
36 -0.90587 -1.200018
37 0.55544 -1.570342
38 0.609701 1.194573
39 0.544881 -0.430816
40 -0.506412 0.772062
41 -0.231531 -0.135506
42 0.83258 0.402399
43 -0.388345 -2.444303
44 -0.599776 -1.213906
45 -0.356361 1.782755
46 0.606006 -0.438
47 0.541685 0.018431
48 -0.092902 1.051313
49 0.05677 -1.633431
50 0.329217 0.15413
51 0.015297 -0.472803
52 -0.449899 -0.022668
53 -0.015681 0.359005
54 -0.220864 -1.166103
55 -0.758085 0.758085
56 0.374877 0.161352
57 -0.319733 -0.538312
58 0.516413 0.106566
59 -0.531581 -2.683568
60 -0.037469 0.924634
61 -0.823093 0.427525
62 -0.712102 -1.488481
63 0.860356 -1.128529
64 -0.517889 3.261694
65 0.234093 1.887011
66 0.438266 1.465211
 67 -0.238709 -0.21924
68 0.083972 0.322476
69 0.510935 0.494803
70 0.610471 3.913099
71 -0.07993 0.055556
72 0.462234 0.887466
73 -0.119131 -3.137611
74 -0.690492 -2.650209
75 0.435702 0.312845
76 -0.290136 -0.715602
77 -0.259363 -1.586052
78 0.30226 -0.256349
79 0.456602 3.066311
80 0.272063 0.916893
81 -0.104325 -1.071978
82 0.167687 0.148184
83 0.710414 -0.754573
84 0.206431 1.43957
85 0.175184 2.077338
86 -0.160847 0.051547
87 -0.81242 -0.512096
88 0.740806 0.299728
89 0.098831 1.80624
90 -0.071017 -0.422988
91 0.339982 -1.201284
92 0.058017 0.100245
93 -0.377877 0.681515
94 -0.609779 1.196216
95 0.473955 1.661148
96 -0.441451 1.340211
97 0.51718 -0.225209
98 0.479868 3.442207
99 0.045933 -3.172358
100 -0.00511 1.086768
101 -0.266474 -0.815184
102 0.847976 0.388068
103 0.232811 -2.778952
104 -0.408483 1.411531
105 -0.1919 -2.061454
106 -0.06211 0.464861
107 -0.768258 0.720957
108 -0.520912 -2.237056
109 -0.391729 -0.456846
110 0.332538 -2.470366
111 0.276436 1.873656
112 -1.145452 0.128841
113 -1.156649 -1.61232
114 0.498984 4.365768
115 0.936511 -3.834364
116 -1.056177 -1.108285
117 -0.791447 1.661603
118 -0.406873 0.280302
119 -0.745445 -4.08672
120 -1.369513 2.591419
121 0.644765 0.185494
122 -0.187203 2.56114
123 -0.645951 -3.402078
124 -0.434458 -1.612163
125 0.48474 0.235675
126 -1.19459 0.142516
127 -2.034809 0.909872
128 -2.268835 0.901962
129 0.159004 1.235288
130 -0.454823 1.090256
131 1.148131 -0.42198
132 -1.84503 -0.896934
133 1.76526 0.488659
134 0.219809 3.429578
135 0.464757 -0.917829
136 -1.097494 -0.782522
137 -1.249511 -0.407109
138 -0.545319 1.724677
139 -0.866446 1.551383
140 0.529572 -1.254939
141 -0.879161 4.915235
142 -0.847198 0.412485
143 1.668981 -2.282087
144 -0.501396 -0.955002
145 1.387144 -2.515376
146 -0.13543 0.363435
147 1.241993 4.529651
148 -0.30961 -2.407813
149 -0.041695 0.514847
150 0.434551 0.312722
151 -0.188181 -0.65613
152 -0.876318 -1.064725
153 0.680412 -2.579143
154 -0.134933 -0.845095
155 0.219839 -0.070533
156 0.408404 -0.884277
157 0.523105 -0.686777
158 -0.894982 0.256448
159 -0.513776 0.589516
160 -0.647328 -0.850518
161 0.688938 0.194446
162 0.343719 1.59717
163 0.238124 -0.967542
164 0.882627 -1.824378
165 0.046291 -2.097712
166 -0.035774 0.90614
167 -0.193333 -0.044571
168 -0.732826 0.06511
169 -1.458708 0.615955
170 0.613403 -0.584951
171 -1.650751 0.822579
172 0.377763 2.651396
173 1.340416 0.52686
174 0.316561 -0.795564
175 0.016158 0.749145
176 0.528752 -0.114408
177 0.062939 -0.531754
178 0.344436 1.704839
179 -0.202466 -0.29251
180 -1.556935 1.23454
181 -0.769279 1.098371
182 0.41262 -2.294228
183 0.28693 0.271761
184 0.50943 -0.659019
185 -0.06799 1.157562
186 -0.087664 -0.459017
187 -0.609466 -0.103684
188 -0.991356 -1.4302
189 0.327672 0.735098
190 0.245846 1.385207
191 0.139267 0.288079
192 0.307092 -0.029969
193 -0.337334 2.256038
194 -0.286529 0.33287
195 -0.5173 1.45275
196 1.025319 -0.652261
197 -0.061739 0.283583
198 0.022613 2.309528
199 -0.074723 -0.327257
200 0.317284 -1.003728
201 -0.375862 0.96635
202 -0.764289 0.91138
203 0.048486 -0.824704
204 -0.604098 -0.659644
205 -0.982907 -2.528095
206 -0.158425 1.793195
207 -0.090696 0.010919
208 1.257559 -2.172884
209 0.377895 2.877483
210 0.049925 0.261448
211 0.075512 -0.237569
212 0.851741 0.776198
213 -0.037008 -0.014065
214 -1.009525 -2.88395
215 -0.492552 -1.201434
216 -0.51395 0.486936
217 -0.72573 0.637874
218 -0.250317 0.365187
219 -0.717716 0.926821
220 -0.36556 -0.13434
221 0.903341 -2.817794
222 0.32 1.166892
223 -0.074205 -0.608245
224 0.570689 -0.303993
225 -0.420451 -0.00388
226 -0.301203 -0.753727
227 -0.193343 -0.425459
228 0.441192 0.944057
229 0.827371 0.321597
230 0.392079 1.193278
231 -0.049727 -0.547731
232 -0.254129 -0.272438
233 0.876046 -0.013397
234 0.868242 -0.633649
235 0.200858 0.299995
236 -0.076644 -0.471067
237 0.504576 -0.497895
238 0.161465 -1.856817
239 0.404795 0.443101
240 -0.167086 -1.632189
241 -0.538003 -0.979543
242 -0.813558 -0.394655
243 0.823511 -0.51303
244 -0.356416 1.991543
245 0.788097 -1.33714
 VAR of AMAR
2.698520952

Upper 95.0%
Q.1 Total return Return relative
A 24.67% 1.2467

B 2.36% 1.0236

C 7.71% 1.071

Q.2 Year Returns

1 7% 3.6 12.96
2 3% -0.4 0.16
3 -9% -12.4 153.76
4 6% 2.6 6.76
5 10% 6.6 43.56
MEAN 3.40% TOTAL 217.2

a) Cumulative wealth index

1.169394226

b) Arithmetic mean

3.40%

c) Geometric mean

3.18%

d) Variance

54.30

e) SD

7.37
 (returns- (returns-
Q.1 YEAR A mean) Squared (A,E) E mean)
1 6.2 2.92 8.5264 -25.8712 -9.5 -8.86
2 3.6 0.32 0.1024 -3.5392 -11.7 -11.06
3 4 0.72 0.5184 10.3968 13.8 14.44
4 2.4 -0.88 0.7744 4.1008 -5.3 -4.66
5 0.2 -3.08 9.4864 -31.2312 9.5 10.14

MEAN 3.28 19.408 -46.144 MEAN -0.64

N 5

Var A 3.8816 SD A 1.9701777

Var E 106.7744 SD E 10.33317

Var F 157.748 SD F 12.559777

COV(A,E) -9.2288 CORR(A,E) -0.4533215

COV(E,F) -3.37 CORR(E,F) -0.0259666

COV(A,F) 7.548 CORR(A,F) 0.3050314

Q.2 A E F
6.2 -9.5 26.5
3.6 -11.7 -12.3
4 13.8 2.6
2.4 -5.3 10.5
0.2 9.5 9.2

MEAN 3.28 -0.64 7.3

A) A AND E IN EQUAL WEIGHT B) A & F IN EQUAL WEIGHT

W W^2
A 0.5 0.25 A 0.5 0.25
E 0.5 0.25 F 0.5 0.25

Mean of Mean of
portfolio 1.32 portfolio 5.29

Variance of Variance of
portfolio 23.0496 portfolio 44.1814

SD 4.8009999 SD 6.6469091

D) A,E & F IN EQUAL PROPORTION

A 0.33 0.1089
E 0.33 0.1089
F 0.33 0.1089

Mean of
portfolio 3.2802
 Variance of
portfolio 28.129131

SD 5.3036904

Q.3 A E
Squared*Pr
Ps Ri RiPs (Ri-mean) Squared ob Ps Ri
0.2 -13 -2.6 -28.6 817.96 163.592 0.2 -4
0.15 16 2.4 0.4 0.16 0.024 0.15 -2
0.4 32 12.8 16.4 268.96 107.584 0.4 21
0.25 12 3 -3.6 12.96 3.24 0.25 20

MEAN 15.6 VARIANCE 274.44 MEAN

SD 16.566231 SD

A&E A&F

Covariance 142.52 Covariance 138.92

Corelation 0.76 Corelation 0.7939384

 (returns-
Squared (E,F) F mean) Squared (A,F)
78.4996 -170.112 26.5 19.2 368.64 56.064
122.3236 216.776 -12.3 -19.6 384.16 -6.272
208.5136 -67.868 2.6 -4.7 22.09 -3.384
21.7156 -14.912 10.5 3.2 10.24 -2.816
102.8196 19.266 9.2 1.9 3.61 -5.852

533.872 -16.85 MEAN 7.3 788.74 37.74

C) E AND F IN EQUAL WEIGHT

E 0.5 0.25
F 0.5 0.25

Mean of
portfolio 3.33

Variance of
portfolio 64.4456

SD 8.0278017
 F
Squared*Pr
RiPs (Ri-mean) Squared ob Ps Ri RiPs (Ri-mean) Squared
-0.8 -16.3 265.69 53.138 0.2 -9 -1.8 -19.8 392.04
-0.3 -14.3 204.49 30.6735 0.15 8 1.2 -2.8 7.84
8.4 8.7 75.69 30.276 0.4 16 6.4 5.2 27.04
5 7.7 59.29 14.8225 0.25 20 5 9.2 84.64

12.3 VARIANCE 128.91 MEAN 10.8 VARIANCE

11.353854 SD 10.562197

E&F

Covariance 106.36

Corelation 0.8869125
Squared*Pr
ob
78.408
1.176
10.816
21.16

111.56