Part B

Câu 4) Source of beta, dividend, stock closing price: www.vietstock.vn

DATE VNI - Closing price Rate of Return - VNI

1/4/2021 9.1
1/5/2021 9.1 0.00%
1/6/2021 9.1 0.00%
1/7/2021 9.1 0.00%
1/8/2021 10.4 14.29%
1/11/2021 10.4 0.00%
1/12/2021 10.4 0.00%
1/13/2021 10.4 0.00%
1/14/2021 10.4 0.00%
1/15/2021 9 -13.46%
1/18/2021 8.9 -1.11%
1/19/2021 8.9 0.00%
1/20/2021 8.9 0.00%
1/21/2021 8.9 0.00%
1/22/2021 10.2 14.61%
1/25/2021 10.2 0.00%
1/26/2021 10.2 0.00%
1/27/2021 10.2 0.00%
1/28/2021 10.2 0.00%
1/29/2021 10.2 0.00%
2/1/2021 10.2 0.00%
2/2/2021 10.2 0.00%
2/3/2021 10.2 0.00%
2/4/2021 10.2 0.00%
2/5/2021 10.2 0.00%
2/8/2021 10.1 -0.98%
2/9/2021 10.1 0.00%
2/17/2021 10.1 0.00%
2/18/2021 10.1 0.00%
2/19/2021 11.1 9.90%
2/22/2021 10.7 -3.60%
2/23/2021 10.7 0.00%
2/24/2021 10.7 0.00%
2/25/2021 10.7 0.00%
2/26/2021 10.7 0.00%
3/1/2021 10.7 0.00%
 3/2/2021 10.7 0.00%
3/3/2021 10.7 0.00%
3/4/2021 10.7 0.00%
3/5/2021 11 2.80%
3/8/2021 10.9 -0.91%
3/9/2021 10.9 0.00%
3/10/2021 10.9 0.00%
3/11/2021 10.9 0.00%
3/12/2021 10.9 0.00%
3/15/2021 10.9 0.00%
3/16/2021 10.9 0.00%
3/17/2021 10.9 0.00%
3/18/2021 10.9 0.00%
3/19/2021 12.5 14.68%
3/22/2021 12 -4.00%
3/23/2021 12 0.00%
3/24/2021 12 0.00%
3/25/2021 12 0.00%
3/26/2021 12.5 4.17%
3/29/2021 12 -4.00%
3/30/2021 12 0.00%
3/31/2021 12 0.00%
4/1/2021 12 0.00%
4/2/2021 10.3 -14.17%
4/5/2021 10.3 0.00%
4/6/2021 10.3 0.00%
4/7/2021 10.3 0.00%
4/8/2021 10.3 0.00%
4/9/2021 11.2 8.74%
4/12/2021 10.7 -4.46%
4/13/2021 10.7 0.00%
4/14/2021 10.7 0.00%
4/15/2021 10.7 0.00%
4/16/2021 12 12.15%
4/19/2021 12 0.00%
4/20/2021 12 0.00%
4/22/2021 12 0.00%
4/23/2021 11.9 -0.83%
4/26/2021 11.9 0.00%
4/27/2021 11.9 0.00%
4/28/2021 11.9 0.00%
4/29/2021 11.9 0.00%
5/4/2021 11.9 0.00%
5/5/2021 11.9 0.00%
5/6/2021 11.9 0.00%
5/7/2021 10.2 -14.29%
5/10/2021 10.2 0.00%
5/11/2021 10.2 0.00%
5/12/2021 10.2 0.00%
5/13/2021 10.2 0.00%
5/14/2021 9 -11.76%
5/17/2021 9 0.00%
5/18/2021 9 0.00%
5/19/2021 9 0.00%
5/20/2021 9 0.00%
5/21/2021 8 -11.11%
5/24/2021 8.2 2.50%
5/25/2021 8.2 0.00%
5/26/2021 8.2 0.00%
5/27/2021 8.2 0.00%
5/28/2021 9.3 13.41%
5/31/2021 8.8 -5.38%
6/1/2021 8.8 0.00%
6/2/2021 8.8 0.00%
6/3/2021 8.8 0.00%
6/4/2021 10 13.64%
6/7/2021 9.9 -1.00%
6/8/2021 9.9 0.00%
6/9/2021 9.9 0.00%
6/10/2021 9.9 0.00%
6/11/2021 11.3 14.14%
6/14/2021 11.1 -1.77%
6/15/2021 11.1 0.00%
6/16/2021 11.1 0.00%
6/17/2021 11.1 0.00%
6/18/2021 11.3 1.80%
6/21/2021 11.3 0.00%
6/22/2021 11.3 0.00%
6/23/2021 11.3 0.00%
6/24/2021 11.3 0.00%
6/25/2021 10 -11.50%
6/28/2021 9.7 -3.00%
6/29/2021 9.7 0.00%
6/30/2021 9.7 0.00%
7/1/2021 9.7 0.00%
7/2/2021 10.1 4.12%
7/5/2021 10.2 0.99%
7/6/2021 10.2 0.00%
7/7/2021 10.2 0.00%
7/8/2021 10.2 0.00%
7/9/2021 10 -1.96%
7/12/2021 10 0.00%
7/13/2021 10 0.00%
7/14/2021 10 0.00%
7/15/2021 10 0.00%
7/16/2021 11 10.00%
7/19/2021 11 0.00%
7/20/2021 11 0.00%
7/21/2021 11 0.00%
7/22/2021 11 0.00%
7/23/2021 12 9.09%
7/26/2021 11.8 -1.67%
7/27/2021 11.8 0.00%
7/28/2021 11.8 0.00%
7/29/2021 11.8 0.00%
7/30/2021 11.8 0.00%
8/2/2021 11.8 0.00%
8/3/2021 11.8 0.00%
8/4/2021 11.8 0.00%
8/5/2021 11.8 0.00%
8/6/2021 11.8 0.00%
8/9/2021 11.8 0.00%
8/10/2021 11.8 0.00%
8/11/2021 11.8 0.00%
8/12/2021 11.8 0.00%
8/13/2021 13.4 13.56%
8/16/2021 13.4 0.00%
8/17/2021 13.4 0.00%
8/18/2021 13.4 0.00%
8/19/2021 13.4 0.00%
8/20/2021 13.4 0.00%
8/23/2021 13.4 0.00%
8/24/2021 13.4 0.00%
8/25/2021 13.4 0.00%
8/26/2021 13.4 0.00%
8/27/2021 12.9 -3.73%
8/30/2021 13 0.78%
8/31/2021 13 0.00%
9/1/2021 13 0.00%
9/6/2021 13 0.00%
9/7/2021 13 0.00%
9/8/2021 13 0.00%
9/9/2021 13 0.00%
9/10/2021 13 0.00%
9/13/2021 13 0.00%
9/14/2021 13 0.00%
9/15/2021 13 0.00%
9/16/2021 13 0.00%
9/17/2021 14 7.69%
9/20/2021 14 0.00%
9/21/2021 14 0.00%
9/22/2021 14 0.00%
9/23/2021 14 0.00%
9/24/2021 15 7.14%
9/27/2021 14 -6.67%
9/28/2021 14 0.00%
9/29/2021 14 0.00%
9/30/2021 14 0.00%
10/1/2021 11.9 -15.00%
10/4/2021 11.9 0.00%
10/5/2021 11.9 0.00%
10/6/2021 11.9 0.00%
10/7/2021 11.9 0.00%
10/8/2021 10.3 -13.45%
10/11/2021 10.3 0.00%
10/12/2021 10.3 0.00%
10/13/2021 10.3 0.00%
10/14/2021 10.3 0.00%
10/15/2021 11.8 14.56%
10/18/2021 11.8 0.00%
10/19/2021 11.8 0.00%
10/20/2021 11.8 0.00%
10/21/2021 11.8 0.00%
10/22/2021 13.5 14.41%
10/25/2021 13.3 -1.48%
10/26/2021 13.3 0.00%
10/27/2021 13.3 0.00%
10/28/2021 13.3 0.00%
10/29/2021 14 5.26%
11/1/2021 13.5 -3.57%
11/2/2021 13.5 0.00%
11/3/2021 13.5 0.00%
11/4/2021 13.5 0.00%
11/5/2021 13.5 0.00%
11/8/2021 13.5 0.00%
11/9/2021 13.5 0.00%
11/10/2021 13.5 0.00%
11/11/2021 13.5 0.00%
11/12/2021 15 11.11%
11/15/2021 14 -6.67%
11/16/2021 14 0.00%
11/17/2021 14 0.00%
11/18/2021 14 0.00%
11/19/2021 14 0.00%
11/22/2021 14 0.00%
11/23/2021 14 0.00%
11/24/2021 14 0.00%
11/25/2021 14 0.00%
11/26/2021 16.1 15.00%
11/29/2021 15.9 -1.24%
11/30/2021 15.9 0.00%
12/1/2021 15.9 0.00%
12/2/2021 15.9 0.00%
12/3/2021 16.8 5.66%
12/6/2021 16.8 0.00%
12/7/2021 16.8 0.00%
12/8/2021 16.8 0.00%
12/9/2021 16.8 0.00%
12/10/2021 15.6 -7.14%
12/13/2021 16.8 7.69%
12/14/2021 16.8 0.00%
12/15/2021 16.8 0.00%
12/16/2021 16.8 0.00%
12/17/2021 16.5 -1.79%
12/20/2021 17.3 4.85%
12/21/2021 17.3 0.00%
12/22/2021 17.3 0.00%
12/23/2021 17.3 0.00%
12/24/2021 16.8 -2.89%
12/27/2021 16.8 0.00%
.vietstock.vn

VCI - Closing price Rate of Return - VCI HPG - Closing price

60.3 42.3
62.8 4.15% 42.35
61 -2.87% 42.8
61.4 0.66% 42.8
60.4 -1.63% 42.75
58.4 -3.31% 43.05
60.4 3.42% 44.9
59 -2.32% 44.7
60.5 2.54% 44.45
62.3 2.98% 44.5
64 2.73% 44.6
60.5 -5.47% 41.6
59.5 -1.65% 41.7
61.2 2.86% 44.2
61 -0.33% 43.65
60.3 -1.15% 43.7
56.6 -6.14% 42.3
52.7 -6.89% 40.3
49.05 -6.93% 37.5
49 -0.10% 39.15
47.6 -2.86% 38.35
48.5 1.89% 40.5
51.8 6.80% 42
53 2.32% 41.8
54.2 2.26% 42.5
51.4 -5.17% 40.9
52.9 2.92% 41.8
55.5 4.91% 43.45
55 -0.90% 43.85
55.8 1.45% 43.45
55 -1.43% 43.4
55 0.00% 43.3
54 -1.82% 43.6
54 0.00% 44.15
53.8 -0.37% 45.6
55 2.23% 46.2
54.5 -0.91% 46.7
54.5 0.00% 46.8
53.5 -1.83% 45.9
53 -0.93% 46
53.6 1.13% 46.3
53.7 0.19% 45.85
57.4 6.89% 45.6
59.2 3.14% 46.4
58.8 -0.68% 46.45
61 3.74% 46.5
61.3 0.49% 46.1
61 -0.49% 46.3
64.7 6.07% 46.6
67.4 4.17% 47.15
66.5 -1.34% 46.75
64.9 -2.41% 46.6
61.6 -5.08% 45.45
60.7 -1.46% 45
63.9 5.27% 46.2
64.3 0.63% 46.3
64.8 0.78% 46.45
63.9 -1.39% 46.8
67.3 5.32% 48.5
66.3 -1.49% 49.05
66.8 0.75% 49.3
67.4 0.90% 49.4
68.6 1.78% 49.45
67.5 -1.60% 49.35
68.4 1.33% 49.55
67.6 -1.17% 51.2
65.8 -2.66% 50.1
67.2 2.13% 53
65.6 -2.38% 54.5
64.4 -1.83% 54.6
64.5 0.16% 57.8
63.3 -1.86% 57.2
60.8 -3.95% 55
62.2 2.30% 56.4
61 -1.93% 55.1
62.3 2.13% 56.3
64 2.73% 56
62.1 -2.97% 58.1
62.2 0.16% 59.8
64 2.89% 59.3
63.8 -0.31% 59.4
63.8 0.00% 60.8
68.2 6.90% 63
68.2 0.00% 62
71 4.11% 62.7
69.4 -2.25% 61.5
73.3 5.62% 61.4
73 -0.41% 61.9
72 -1.37% 63.4
73 1.39% 66.1
73.9 1.23% 66.6
73.7 -0.27% 65.6
73 -0.95% 65.4
74.3 1.78% 67.4
75.2 1.21% 67.8
73.3 -2.53% 66.8
74.5 1.64% 67.1
79.5 6.71% 52.7
77.6 -2.39% 55.5
79.7 2.71% 54
84 5.40% 54.3
85 1.19% 54.5
81 -4.71% 52.7
79.5 -1.85% 50
84.5 6.29% 50.3
90.4 6.98% 51.6
91.8 1.55% 53.1
98 6.75% 53.6
102 4.08% 53.2
98.5 -3.43% 51.8
98.3 -0.20% 51.4
52.5 -46.59% 52.1
53.2 1.33% 51.2
52.5 -1.32% 51.7
52 -0.95% 51.4
51.3 -1.35% 50.6
53.2 3.70% 50.7
53.1 -0.19% 52.4
 53 -0.19% 51.8
52.2 -1.51% 51.5
54.4 4.21% 52.8
58.2 6.99% 52.3
59 1.37% 51.2
54.9 -6.95% 48
55.9 1.82% 49.9
54.3 -2.86% 49
55 1.29% 47.3
51.5 -6.36% 44.95
52.7 2.33% 45.5
51 -3.23% 45
53 3.92% 46.5
52.1 -1.70% 46.75
48.5 -6.91% 44.3
50.4 3.92% 47.3
49 -2.78% 46.75
49.5 1.02% 47.2
47.4 -4.24% 45.8
46 -2.95% 45.6
47.5 3.26% 46.2
46.9 -1.26% 46.7
47.75 1.81% 47.1
49.8 4.29% 47.3
49.9 0.20% 47.25
51.5 3.21% 47.25
53.4 3.69% 47.5
55.8 4.49% 48.8
54.4 -2.51% 48.4
57 4.78% 49.7
57 0.00% 49.4
55.1 -3.33% 48.95
55.2 0.18% 48.4
57 3.26% 48.65
60.9 6.84% 49.45
61.9 1.64% 50.4
63.1 1.94% 50.4
63.9 1.27% 50.9
62.1 -2.82% 49
62.2 0.16% 47.5
58.1 -6.59% 47.75
59.8 2.93% 48.4
58.6 -2.01% 47.7
59.8 2.05% 47.6
60.9 1.84% 48.7
60.2 -1.15% 49.3
60.2 0.00% 49.2
61.3 1.83% 51.2
64.3 4.89% 50.7
63.2 -1.71% 51.3
63.5 0.47% 51.9
64 0.79% 51.5
63.6 -0.62% 50.8
62.6 -1.57% 50.3
62.5 -0.16% 51.6
62.8 0.48% 51.3
63.5 1.11% 51.8
64.1 0.94% 51.3
63.7 -0.62% 50.8
63.4 -0.47% 50.9
63.2 -0.32% 51
62.5 -1.11% 50.8
58.5 -6.40% 50.8
60.5 3.42% 52.6
59.6 -1.49% 53.3
59.5 -0.17% 52.9
57.7 -3.03% 53.4
55.7 -3.47% 55.5
59.5 6.82% 55.3
59.5 0.00% 56.1
60.5 1.68% 55.6
61.5 1.65% 55.7
62.1 0.98% 57.2
61.7 -0.64% 57
61.2 -0.81% 56.8
61.9 1.14% 56.8
62.3 0.65% 57.3
64.2 3.05% 57.9
64.9 1.09% 57.2
63.9 -1.54% 56.9
63.5 -0.63% 57.2
61.9 -2.52% 56.7
 60 -3.07% 55.1
61.3 2.17% 56.3
63.3 3.26% 57.9
63.9 0.95% 58
64.1 0.31% 57.1
68 6.08% 55.7
69.5 2.21% 55.5
68.4 -1.58% 55.6
71.9 5.12% 56.3
71.7 -0.28% 56.6
72.7 1.39% 56.8
72.5 -0.28% 56.5
73.1 0.83% 55.3
71.4 -2.33% 54
72 0.84% 54.6
72.7 0.97% 53.6
71.3 -1.93% 52
72.6 1.82% 51.4
76.5 5.37% 49.95
74 -3.27% 48
72.5 -2.03% 48.65
75.2 3.72% 49.55
77.4 2.93% 48.65
80.6 4.13% 49.25
78.6 -2.48% 49.05
78.7 0.13% 48.4
79.8 1.40% 48.95
78.2 -2.01% 49
78.2 0.00% 48.6
73.3 -6.27% 47.7
72 -1.77% 45.75
72.8 1.11% 47.6
73.7 1.24% 47.2
76 3.12% 47.1
76.2 0.26% 46.5
77.3 1.44% 46.55
76.5 -1.03% 47.7
75.3 -1.57% 47.8
73.9 -1.86% 47.5
75 1.49% 46.7
76.7 2.27% 46.9
75.3 -1.83% 46.1
73.6 -2.26% 45.1
70.5 -4.21% 44.95
71.7 1.70% 46.05
71.6 -0.14% 45.9
 4.1)
Rate of Return - HPG

0.12%
1.06%
0.00%
-0.12%
0.70%
4.30%
-0.45%
-0.56%
0.11%
0.22% 4.3)
-6.73%
0.24%
6.00%
-1.24%
0.11%
-3.20%
-4.73%
-6.95%
4.40%
-2.04%
5.61%
3.70%
-0.48%
1.67%
-3.76%
2.20%
3.95%
0.92%
-0.91%
-0.12%
-0.23%
0.69%
1.26%
3.28%
1.32%
 1.08%
0.21%
-1.92%
0.22%
0.65%
-0.97%
-0.55%
1.75%
0.11%
0.11%
-0.86%
0.43%
0.65%
1.18%
-0.85%
-0.32%
-2.47%
-0.99%
2.67%
0.22%
0.32%
0.75%
3.63%
1.13%
0.51%
0.20%
0.10%
-0.20%
0.41%
3.33%
-2.15%
5.79%
2.83%
0.18%
5.86%
-1.04%
-3.85%
2.55%
-2.30%
2.18%
-0.53%
 3.75%
2.93%
-0.84%
0.17%
2.36%
3.62%
-1.59%
1.13%
-1.91%
-0.16%
0.81%
2.42%
4.26%
0.76%
-1.50%
-0.30%
3.06%
0.59%
-1.47%
0.45%
-21.46%
5.31%
-2.70%
0.56%
0.37%
-3.30%
-5.12%
0.60%
2.58%
2.91%
0.94%
-0.75%
-2.63%
-0.77%
1.36%
-1.73%
0.98%
-0.58%
-1.56%
0.20%
3.35%
-1.15%
-0.58%
2.52%
-0.95%
-2.10%
-6.25%
3.96%
-1.80%
-3.47%
-4.97%
1.22%
-1.10%
3.33%
0.54%
-5.24%
6.77%
-1.16%
0.96%
-2.97%
-0.44%
1.32%
1.08%
0.86%
0.42%
-0.11%
0.00%
0.53%
2.74%
-0.82%
2.69%
-0.60%
-0.91%
-1.12%
0.52%
1.64%
1.92%
0.00%
0.99%
-3.73%
-3.06%
0.53%
 1.36%
-1.45%
-0.21%
2.31%
1.23%
-0.20%
4.07%
-0.98%
1.18%
1.17%
-0.77%
-1.36%
-0.98%
2.58%
-0.58%
0.97%
-0.97%
-0.97%
0.20%
0.20%
-0.39%
0.00%
3.54%
1.33%
-0.75%
0.95%
3.93%
-0.36%
1.45%
-0.89%
0.18%
2.69%
-0.35%
-0.35%
0.00%
0.88%
1.05%
-1.21%
-0.52%
0.53%
-0.87%
-2.82%
2.18%
2.84%
0.17%
-1.55%
-2.45%
-0.36%
0.18%
1.26%
0.53%
0.35%
-0.53%
-2.12%
-2.35%
1.11%
-1.83%
-2.99%
-1.15%
-2.82%
-3.90%
1.35%
1.85%
-1.82%
1.23%
-0.41%
-1.33%
1.14%
0.10%
-0.82%
-1.85%
-4.09%
4.04%
-0.84%
-0.21%
-1.27%
0.11%
2.47%
0.21%
-0.63%
-1.68%
0.43%
-1.71%
-2.17%
-0.33%
2.45%
-0.33%
The risk rate
Beta
Expected return of the market (daily) E(Rm)
Expected return of the market (annually) E(Rm)
Expected return of the stock (daily)
Expected return of the stock (annually)
CAPM (Capital asset pricing model ) Expected return of assets E(Ri)= Rf+ beta*(E(Rm)-Rf)

Weight
Correlation
Portfolio Expected return
Portfolio Variance
Porrfolio Standard Deviation
Return
Risk
 VCI HPG
5% 5%
-0.0343 0.0249
0.0034 0.0007
2.4957 0.2842
0.0018 0.0007
0.9311 0.2842
-0.0339 0.0558

VCI HPG
50% 50%
0.00022
0.0034 0.0007
0.0018 0.0007
0.0423 0.0260
0.0021
0.0248