CTCP DƯỢC PHẨM TRUNG ƯƠNG 3 (DP3) đơn vị

YEAR MONTH MARKET PRICE DIVIDEND RETURN SD(RISK) tính 1,000

2019 1 70.00 đồng
2 73.40 4.86%
3 76.80 4.63% 0.00159092144619
4 76.40 -0.52% 0.03643711288727
5 64.50 -15.58% 0.10645551207818
6 61.80 5 3.57% 0.13535302031126
7 62.00 0.32% 0.02292628895425
8 62.00 0.00% 0.00228837146015
9 65.50 5.65% 0.03991731829279
10 64.50 -1.53% 0.05071284166968
11 77.00 19.38% 0.14783172128126
12 74.00 -3.90% 0.16458581275579
2020 1 75.00 1.35% 0.03710511189449
2 72.60 -3.20% 0.03218291404103
3 63.00 -13.22% 0.07087430613414
4 65.50 3.97% 0.12156151603633
5 83.50 27.48% 0.16625962787986
6 67.50 -19.16% 0.32981293574199
7 69.10 7 12.74% 0.22558415670908
8 73.50 6.37% 0.04506502905623
9 76.80 4.49% 0.01327796129473
10 82.00 6.77% 0.01612937024263
11 83.00 1.22% 0.03925376821374
12 86.80 4.58% 0.02375031004691
2021 1 98.90 13.94% 0.06619777353271
2 112.00 13.25% 0.00491007478887
3 129.00 15.18% 0.01366744563882
4 115.00 -10.85% 0.18406897868512
5 113.50 -1.30% 0.06751713889793
6 118.00 3.96% 0.03725820254825
7 110.20 8 0.17% 0.02683658454992
8 120.00 8.89% 0.06168396815549
9 116.50 -2.92% 0.08350640200991
10 116.00 -0.43% 0.0175891547323
11 117.00 0.86% 0.00913054116598
12 113.00 -3.42% 0.03027033892347
2022 1 109.90 -2.74% 0.00477608619317
2 113.00 2.82% 0.03934419180205
 DP3 VTC Expected return of portfolio
Average profit 2.37% 2.90% Standard deviation of the portfolio
Variance 0.82927484% 2.88674014%
Standard Deviation 9.10645290% 16.99040946%
Correlation 0.252483657020273
Covarience 0.00390648681381
w 0.55 0.45
 CÔNG TY CỔ PHẦN VIỄN THÔNG (VTC)
YEAR MONTH MARKET PRICE
2019 1 9.90
2 7.90
3 7.90
4 7.30
5 7.10
6 7.20
7 7.10
8 6.70
9 6.70
10 5.60
11 6.10
12 5.90
2020 1 10.50
2 10.80
3 9.30
4 9.10
5 10.00
6 9.30
7 11.50
8 9.90
9 10.10
10 8.20
11 8.40
12 9.50
2021 1 11.00
2 11.00
3 12.50
4 11.90
5 11.70
6 11.50
7 10.50
8 11.50
9 15.40
10 15.40
11 15.70
12 15.00
2022 1 15.00
2 14.18
DIVIDEND RETURN SD(RISK)
-20.20%
0.00% 0.14284985479
0.8 2.53% 0.0179014375
-2.74% 0.03727422602
1.41% 0.02933203896
-1.39% 0.01978017796
-5.63% 0.03001607424
0.00% 0.03983700176
-16.42% 0.11609215811
8.93% 0.17922669214
-3.28% 0.08631836293
77.97% 0.574487421
2.86% 0.53110054122
-13.89% 0.11841232606
-2.15% 0.08300267772
1 20.88% 0.16284427703
-7.00% 0.19713515427
23.66% 0.21677004658
-13.91% 0.2656526458
2.02% 0.11266505938
-18.81% 0.14730507303
2.44% 0.15026659441
13.10% 0.07535080973
15.79% 0.01905112255
0.00% 0.11164843913
13.64% 0.09642365198
1 4.00% 0.06813938073
-1.68% 0.04016841883
-1.71% 0.00020314782
-8.70% 0.04940025079
9.52% 0.12883104916
33.91% 0.17245792717
0.00% 0.23980143014
1.95% 0.01377480743
-4.46% 0.04530186136
0.00% 0.03152705394
-5.47% 0.0386551707

The correlation coefficient and positive covariance (positive) show that the 2 stocks have a positive relationship with each oth
VTC stock increase in price, DP3 shares also increase and vice versa. Positive correlation does not guarantee growth or profitab
Standard deviation measures the risk of two comparable stocks.
Invest in a portfolio of 55% in DP3 and 45% in VTC.
DP3 stock has a higher risk as shown in the standard deviation from 9.11% to 12.65%, the expected return for risk on stock DP
increases from 2.37% to 2,606%.
VTC stock has lower risk, standard deviation from 16.99% to 12.65%, profit decreases from 2.9% to 2.606% respectively.
We decided to invest in DP3 stock with a larger weight, because the profit and risk targets of these 2 stocks are at an acceptab
 The correlation coefficient and positive covariance (positive) show that the 2 stocks have a positive relationship with each oth
VTC stock increase in price, DP3 shares also increase and vice versa. Positive correlation does not guarantee growth or profitab
Standard deviation measures the risk of two comparable stocks.
Invest in a portfolio of 55% in DP3 and 45% in VTC.
DP3 stock has a higher risk as shown in the standard deviation from 9.11% to 12.65%, the expected return for risk on stock DP
increases from 2.37% to 2,606%.
VTC stock has lower risk, standard deviation from 16.99% to 12.65%, profit decreases from 2.9% to 2.606% respectively.
We decided to invest in DP3 stock with a larger weight, because the profit and risk targets of these 2 stocks are at an acceptab

portfolio 2.606537850718530%
of the portfolio 12.654233349%
 w(DP3) w(VTC) E(rp)

0.988985648736473 0.01101435126 0.0458113243

0.329442676908763 0.67055732309 0.0152602875
0.259335517591638 0.74066448241 -0.060686061
0.178109897120162 0.82189010288 0.0179271226
0.463165871281768 0.53683412872 -0.005957111
0.929162336312616 0.07083766369 -0.003990854
0.499496475327291 0.50050352467 0.0281973817
0.695975290080588 0.30402470992 -0.060540082
0.547995968870075 0.45200403113 0.1465582719
0.344029200356516 0.65597079964 -0.034910974
0.939330338585559 0.06066966141 0.0599954231
0.942865508048539 0.05713449195 -0.028539282
0.62557151916041 0.37442848084 -0.134724157
0.405753696166518 0.59424630383 0.0033218467
0.49481113594278 0.50518886406 0.2414576264
0.374107351383372 0.62589264862 -0.115497726
0.490037270961871 0.50996272904 0.1830707227
0.854964706860019 0.14503529314 0.0342617658
0.894571678340647 0.10542832166 0.0422943078
0.901309846811953 0.09869015319 0.0424607132
0.792878360558807 0.20712163944 0.0147209956
0.760342667152578 0.23965733285 0.0661945674
0.223476472142348 0.77652352786 0.1537618043
0.957874593424494 0.04212540658 0.1268772212
0.875853307538626 0.12414669246 0.1498711143
0.270170984379179 0.72982901562 -0.000127721
0.373015840543415 0.62698415946 -0.015402973
0.005422864363498 0.99457713564 -0.016786315
0.64798401675592 0.35201598324 -0.029511808
0.676225165739805 0.32377483426 0.0909718748
0.673757658822978 0.32624234118 0.090987442
0.931663565934524 0.06833643407 -0.003998556
0.601379514944744 0.39862048506 0.0129496403
0.599451401330909 0.40054859867 -0.03835292
0.868438758303453 0.1315612417 -0.023824426
0.495583161996214 0.504416838 -0.013595644

ositive relationship with each other. When

not guarantee growth or profitability.

pected return for risk on stock DP3 also

.9% to 2.606% respectively.

these 2 stocks are at an acceptable level.
YEAR MONTHMARKET PRICE
DIVIDEND RETURN SD(RISK) YEAR
2019 1 70.00 2019
2 73.40 0.048571
3 76.80 0.046322 0.001591
4 76.40 -0.005208 0.036437
5 64.50 -0.155759 0.106456
6 61.80 5 0.035659 0.135353
7 62.00 0.003236 0.022926
8 62.00 0 0.002288
9 65.50 0.056452 0.039917
10 64.50 -0.015267 0.050713
11 77.00 0.193798 0.147832
12 74.00 -0.038961 0.164586
2020 1 75.00 0.013514 0.037105 2020
2 72.60 -0.032 0.032183
3 63.00 -0.132231 0.070874
4 65.50 0.039683 0.121562
5 83.50 0.274809 0.16626
6 67.50 -0.191617 0.329813
7 69.10 7 0.127407 0.225584
8 73.50 0.063676 0.045065
9 76.80 0.044898 0.013278
10 82.00 0.067708 0.016129
11 83.00 0.012195 0.039254
12 86.80 0.045783 0.02375
2021 1 98.90 0.139401 0.066198 2021
2 112.00 0.132457 0.00491
3 129.00 0.151786 0.013667
4 115.00 -0.108527 0.184069
5 113.50 -0.013043 0.067517
6 118.00 0.039648 0.037258
7 110.20 8 0.001695 0.026837
8 120.00 0.088929 0.061684
9 116.50 -0.029167 0.083506
10 116.00 -0.004292 0.017589
11 117.00 0.008621 0.009131
12 113.00 -0.034188 0.03027
2022 1 109.90 -0.027434 0.004776 2022
2 113.00 0.028207 0.039344

Covarience 0.0006459
Standard Deviation 0.0089062
Correlation 0.0725188
MONTHMARKET PRICE
DIVIDEND RETURN SD(RISK) w(DP3) w(VCB) Er(p)
1 56.80 0.8
2 60.50 0.0651408
3 67.30 0.1123967 0.0334149 0.954553 0.045447 0.003037
4 67.90 0.0089153 0.0731724 0.667573 0.332427 0.048649
5 67.20 -0.010309 0.0135938 0.113235 0.886765 0.024109
6 70.50 0.0491071 0.0420138 0.236875 0.763125 0.064123
7 80.20 0.1375887 0.0625659 0.731832 0.268168 0.033556
8 77.70 -0.031172 0.1193319 0.981184 0.018816 0.004491
9 82.10 0.0566281 0.0620841 0.608659 0.391341 0.048592
10 87.70 0.0682095 0.0081893 0.139033 0.860967 0.014101
11 85.30 -0.027366 0.0675821 0.313731 0.686269 0.092759
12 90.20 0.0574443 0.05997 0.26706 0.73294 0.087909
1 88.70 0.8 -0.007761 0.0461068 0.554089 0.445911 0.041119
2 82.40 -0.071026 0.0447354 0.581596 0.418404 0.037435
3 62.00 -0.247573 0.1248375 0.637864 0.362136 0.090416
4 68.00 0.0967742 0.2434901 0.667002 0.332998 0.162164
5 85.20 0.2529412 0.1104267 0.399104 0.600896 0.13271
6 80.30 -0.057512 0.2195234 0.399616 0.600384 0.263597
7 76.40 -0.048568 0.0063243 0.027271 0.972729 0.012304
8 83.00 0.0863874 0.0954278 0.679236 0.320764 0.06122
9 84.10 0.013253 0.0517138 0.795698 0.204302 0.02113
10 83.00 -0.01308 0.01862 0.535837 0.464163 0.017285
11 93.00 0.1204819 0.0944423 0.706396 0.293604 0.055457
12 97.90 0.0526882 0.0479374 0.668698 0.331302 0.031764
1 93.00 0.8 -0.041879 0.0668694 0.502524 0.497476 0.066532
2 98.20 0.055914 0.0691504 0.933702 0.066298 0.009169
3 94.80 -0.034623 0.0640195 0.82407 0.17593 0.022526
4 100.00 0.0548523 0.0632688 0.255799 0.744201 0.094169
5 98.60 -0.014 0.0486859 0.418973 0.581027 0.056576
6 116.40 0.1805274 0.1375516 0.786864 0.213136 0.058634
7 98.00 -0.158076 0.2394285 0.899211 0.100789 0.048264
8 99.40 0.0142857 0.1218779 0.663961 0.336039 0.081911
9 97.20 -0.022133 0.0257518 0.235697 0.764303 0.039364
10 98.00 0.0082305 0.0214701 0.54968 0.45032 0.019337
11 98.90 0.0091837 0.000674 0.068746 0.931254 0.001255
12 78.80 -0.203236 0.1502031 0.832273 0.167727 0.050386
1 89.00 1.2 0.1446701 0.2460064 0.980955 0.019045 0.00937
2 84.50 -0.050562 0.1380498 0.77821 0.22179 0.061236
CTCP dược phẩm trung ương 3 Cột1 Cột2 Cột3 Cột4 Cột5
YEAR MONTH MARKET PRICE DIVIDEND RETURN SD(RISK)
2019 1 70.00
2 73.40 0.0485714
3 76.80 0.0463215 0.00159092
4 76.40 -0.0052083 0.03643711
5 64.50 -0.1557592 0.10645551
6 61.80 5 0.0356589 0.13535302
7 62.00 0.0032362 0.02292629
8 62.00 0 0.00228837
9 65.50 0.0564516 0.03991732
10 64.50 -0.0152672 0.05071284
11 77.00 0.1937984 0.14783172
12 74.00 -0.038961 0.16458581
2020 1 75.00 0.0135135 0.03710511
2 72.60 -0.032 0.03218291
3 63.00 -0.1322314 0.07087431
4 65.50 0.0396825 0.12156152
5 83.50 0.2748092 0.16625963
6 67.50 -0.1916168 0.32981294
7 69.10 7 0.1274074 0.22558416
8 73.50 0.0636758 0.04506503
9 76.80 0.044898 0.01327796
10 82.00 0.0677083 0.01612937
11 83.00 0.0121951 0.03925377
12 86.80 0.0457831 0.02375031
2021 1 98.90 0.1394009 0.06619777
2 112.00 0.132457 0.00491007
3 129.00 0.1517857 0.01366745
4 115.00 -0.1085271 0.18406898
5 113.50 -0.0130435 0.06751714
6 118.00 0.0396476 0.0372582
7 110.20 8 0.0016949 0.02683658
8 120.00 0.0889292 0.06168397
9 116.50 -0.0291667 0.0835064
10 116.00 -0.0042918 0.01758915
11 117.00 0.0086207 0.00913054
12 113.00 -0.034188 0.03027034
2022 1 109.90 -0.0274336 0.00477609
2 113.00 0.0282075 0.03934419

Covarience 0.000758657394388
Standard Deviation 0.015472236341603
Correlation 0.049033467278924
Cột6 Cột1 Cột2 Cột3 Cột4
Công ty cổ phần Viễn Thông
YEAR MONTH MARKET PRICE DIVIDEND
2019 1 9.90
2 7.90
3 7.90
4 7.30 0.8
5 7.10
6 7.20
7 7.10
8 6.70
9 6.70
10 5.60
11 6.10
12 5.90
2020 1 10.50
2 10.80
3 9.30
4 9.10
5 10.00 1
6 9.30
7 11.50
8 9.90
9 10.10
10 8.20
11 8.40
12 9.50
2021 1 11.00
2 11.00
3 12.50
4 11.90 1
5 11.70
6 11.50
7 10.50
8 11.50
9 15.40
10 15.40
11 15.70
12 15.00
2022 1 15.00
2 14.18
 Cột5 Cột6 Cột7 Cột8 Cột9 Cột10

RETURN SD(RISK) w(DP3) w(VTC) E(rp)

-0.2020202020202
0 0.14284985479 0.98898564874 0.01101435126 0.04581132433
0.0253164556962 0.0179014375 0.32944267691 0.67055732309 0.01526028749
-0.027397260274 0.03727422602 0.25933551759 0.74066448241 -0.0606860606
0.01408450704225 0.02933203896 0.17810989712 0.82189010288 0.01792712258
-0.0138888888889 0.01978017796 0.46316587128 0.53683412872 -0.0059571109
-0.056338028169 0.03001607424 0.92916233631 0.07083766369 -0.0039908543
0 0.03983700176 0.49949647533 0.50050352467 0.02819738167
-0.1641791044776 0.11609215811 0.69597529008 0.30402470992 -0.0605400816
0.08928571428571 0.17922669214 0.54799596887 0.45200403113 0.14655827194
-0.0327868852459 0.08631836293 0.34402920036 0.65597079964 -0.0349109744
0.77966101694915 0.574487421 0.93933033859 0.06066966141 0.05999542314
0.02857142857143 0.53110054122 0.94286550805 0.05713449195 -0.0285392822
-0.1388888888889 0.11841232606 0.62557151916 0.37442848084 -0.1347241566
-0.0215053763441 0.08300267772 0.40575369617 0.59424630383 0.00332184674
0.20879120879121 0.16284427703 0.49481113594 0.50518886406 0.24145762637
-0.07 0.19713515427 0.37410735138 0.62589264862 -0.1154977264
0.23655913978495 0.21677004658 0.49003727096 0.50996272904 0.18307072273
-0.1391304347826 0.2656526458 0.85496470686 0.14503529314 0.03426176576
0.02020202020202 0.11266505938 0.89457167834 0.10542832166 0.04229430779
-0.1881188118812 0.14730507303 0.90130984681 0.09869015319 0.04246071318
0.02439024390244 0.15026659441 0.79287836056 0.20712163944 0.0147209956
0.13095238095238 0.07535080973 0.76034266715 0.23965733285 0.06619456745
0.15789473684211 0.01905112255 0.22347647214 0.77652352786 0.15376180427
0 0.11164843913 0.95787459342 0.04212540658 0.12687722117
0.13636363636364 0.09642365198 0.87585330754 0.12414669246 0.14987111432
0.04 0.06813938073 0.27017098438 0.72982901562 -0.0001277214
-0.0168067226891 0.04016841883 0.37301584054 0.62698415946 -0.0154029729
-0.017094017094 0.00020314782 0.00542286436 0.99457713564 -0.0167863151
-0.0869565217391 0.04940025079 0.64798401676 0.35201598324 -0.0295118075
0.0952380952381 0.12883104916 0.67622516574 0.32377483426 0.09097187476
0.33913043478261 0.17245792717 0.67375765882 0.32624234118 0.09098744196
0 0.23980143014 0.93166356593 0.06833643407 -0.0039985561
0.01948051948052 0.01377480743 0.60137951494 0.39862048506 0.01294964029
-0.0445859872611 0.04530186136 0.59945140133 0.40054859867 -0.0383529197
0 0.03152705394 0.8684387583 0.1315612417 -0.0238244261
-0.0546666666667 0.0386551707 0.495583162 0.504416838 -0.0135956443