46 F69 d. What is the Variance for the market index and its Value (0.4 points) 47 48 Value fx A LAN o a 0 A B C D Inth# Date SPY Date 1 10/1/21 459.25 10/1/21 2 9/1/21 429.14 9/1/21 3 8/1/21 451.56 8/1/21 4 7/1/21 438.51 7/1/21 5 6/1/21 428.06 6/1/21 6 5/1/21 420.04 S/1/21 7 4/1/21 417.3 4/1/21 8 3/1/21 396,33 3/1/21 2/1/21 380.36 2/1/21 10 1/1/21 370.07 1/1/21 11 12/1/20 373.88 12/1/20 12 11/1/20 362.06 11/1/20 13 10/1/20 326.54 10/1/20 14 9/1/20 334.89 9/1/20 15 8/1/20 349.31 8/1/20 16 7/1/20 326.52 7/1/20 17 6/1/20 308.36 6/1/20 18 5/1/20 304.32 5/1/20 19 4/1/20 290.48 4/1/20 20 3/1/20 257.75 3/1/20 21 2/1/20 296.26 2/1/20 22 1/1/20 321.73 1/1/20 23 12/1/19 321.86 12/1/19 24 11/1/19 314.31 11/1/19 25 10/1/19 303.33 10/1/19 26 9/1/19 296.77 9/1/19 27 8/1/19 292.45 8/1/19 28 7/1/19 297,43 7/1/19 29 6/1/19 293 6/1/19 30 5/1/19 275.27 5/1/19 31 4/1/19 294.02 4/1/19 32 3/1/19 282.48 3/1/19 33 2/1/19 278.68 2/1/19 34 1/1/19 269.93 1/1/19 35 12/1/18 249.92 12/1/18 11 E F G AMZN Mkt Returns Co. Return 3,372.43 7.016358% 2.660242" 3285.04 4.965010% -5.3518084 3470.79 2.975987% 4.3034159 3327.59 2.441247% -3.2722329 3440,16 1.909342% 6.7355049 3223.07 0.656602% -7.047026% 3467.42 5.291045% 12.066268% 3094.08 4.198654% 0.037182% 3092.93 2.780555% -3.532843% 3206-2 -1.019044% -1.557602% 3256.93 3.264652% 2.805836% 3168.04 10.877687% 4.343988% 3036.15 -2.493356% -3.575410% 3148.73 4.128138% -8.757853% 3450.96 6.979664% 9.046096% 3164.68 5.889220% 14.711362% 2758.82 1.327550% 12.956677% 244237 4.764528% 1.278496% 2474 12.698351% 26.890015% 1949.72 -12.998717% 3.502057% 1883.75 -7.916576% -6.221375% 2008.72 -0.040390% 8.706382% 1847,84 2.402087% 2.612172% 1800.8 3.619820% 1.358729% 1776.66 2.210466% 2.347472% 1735.91 1.477176% -2.273277% 1776.29 -1.674344% 4.847384% 1866.78 1.511945% - 1.417912% 1893.63 6.440949% 6.679173% 1775.07 -6.377117% -7.861325% 1926 52 4.085245% 8.185877% 1780.75 1.363571% 8.593574% 1639.83 3.24158196 -4.590599% 1718.73 8.006562% 14.43171396 150197 -9.334301% -11,134975% Times New Roman 111 12 B IVB v E fs B C D E F G 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 SO 51 52 53 54 SS 56 57 58 59 GO 61 8/1/19 7/1/19 6/1/19 S/1/19 4/1/19 3/1/19 2/1/19 1/1/19 12/1/18 11/1/18 10/1/18 9/1/18 8/1/18 7/1/18 6/1/18 5/1/18 4/1/18 3/1/18 2/1/18 1/1/18 12/1/17 11/1/17 10/1/17 971/17 81/17 7/1/17 6/1/17 5/1/17 4/1/17 3/1/17 2/1/17 1/1/17 12/1/16 11/1/16 10/1/16 292.45 297.43 293 275.27 294.02 282.48 278.68 269.93 249.92 275,65 270.63 290.72 290.31 281.33 271.28 270.94 264.51 263.15 271.65 281.9 266.86 265.01 257.15 251.23 247.49 246.77 241.8 241.44 238.08 235.74 236.47 227.53 223.53 220.38 212 55 8/1/19 7/1/19 6/1/19 S/1/19 4/1/19 3/1/19 2/1/19 1/1/19 12/1/18 11/1/18 10/1/18 9/1/18 8/1/18 7/1/18 6/1/18 5/1/18 4/1/18 3/1/18 2/1/18 1/1/18 12/1/17 11/1/17 10/1/17 9/1/17 8/1/17 7/1/17 6/1/17 5/1/17 4/1/17 371/17 2/1/17 1/1/17 12/1/16 11/1/16 10/1/16 1776.29 1866.78 1893.63 1775.07 1926:52 1780.75 1639.83 1718,73 150197 1690.17 1598.01 2003 2012.71 177.44 1699 8 1629.62 1566.13 144734 1512.45 1450.89 1169.47 1176,75 1105 28 96135 9506 987.78 1968 9462 924.99 886.54 145.04 -1.674344% 4.847384% 1.511945% -1.417912% 6.440949% 6.679173% -6.377117% -7.861325% 4.085245% 8.185877% 1.363571% 8.593574% 3.241581% -4.590599% 8.006562% 14,431713% -9.334301% -11.134975% 1.854931% 5.767173% -6.910429% -20.219171% 0.141228% -0.482434% 3.191981% 13.236452% 3.704659% 4.567596% 0.125489% 4.306525% 2.430910% 4,0539429 0.516816% 8.207470% -3.129026% -4.304936% 3.636041% 4.242913% 5.635914% 24.063892% 0.698087% -0.618653% 3.056582% 6.466235% 2.356406% 14.971654% 1.511172% -1.963084% 0.291770% -0.726883% 2.055418% 2.043388% 0.149105% -2.6763999% 1411290 7.52764996 0.992619% 4.337086% -0.3087079 4.911010% 3.9291529 2.61815294 1.78946996 9.816368% 1.4293-49% -0.0932629 3.6838399 -4.9694879 749.57 75057 789 83 27 1 This spreadsheet calculates the Expected Returns, Variances, and Standard Deviations of 2 Return Serie 2 Page down to bottom for results 3 Distance 4 Market Company from Mean Variance(M) Variance() 5 Date Returns Returns (Ry - E(R)) (RAL-ER.))? (Re-ER) (R-ER.) 6 Oct-21 0.07016 0.02660 0.05625 0.00316 -0.00095 0.00000 7 Sep-211-0.04965 -0.05352 -0.06356 0.00404 -0.08107 0.00657 8 Aug-21 0.02976 0.04303 0.01585 0.00025 0.01548 0.00024 9 Jul-21 0.02441 -0.03272 0.01050 0.00011 -0.06028 0.00363 10 Jun-21 0.01909 0.06736 0.00518 0.00003 0.03980 0.00158 11 May-21 0.00657 -0.07047 -0.00734 0.00005 -0.09803 0.00961 12 Apr-21 0.05291 0.12066 0.03900 0.00152 0.09311 0.00867 13 Mar-21 0.04199 0.00037 0.02808 0.00079 -0.02718 0.00074 14 Feb-21 0.02781 -0.03533 0.01390 0.00019 -0.06288 0.00395 15 Jan-21 -0.01019 -0.01558 -0.02410 0.00058 -0.04313 0.00186 16 Dec-20 0.03265 0.02806 0.01874 0.00035 0.00050 0.00000 Nov-20 0.10878 0.04344 0.09487 0.00900 0.01588 0.00025 18 Oct-20 -0.02493 -0.03575 -0.03884 0.00151 -0.06331 0.00401 19 Sep-20 -0.04128 -0,08758 -0.05519 0.00305 -0.11513 0.01326 20 Aug-20 0.06980 0.09046 0.05589 0.00312 0.06290 0.00396 21 Jul-20 0.05889 0.14711 0.04498 0.00202 0.11956 0.01429 22 Jun-20 0.01328 0.12957 -0.00063 0.00000 0.10201 0.01041 23 May-20 0.04765 -0.01278 0.03374 0.00114 -0.04034 0.00163 24 Apr-20 0.12698 0.26890 0.11307 0.01279 0.24134 0.05825 25 Mar-20 -0.12999 0.03502 -0.14390 0.02071 0.00746 0.00006 Feb-20 -0.07917 -0.06221 -0.09308 0.00866 -0.08977 0.00806 Jan-20 -0.00040 0.08706 -0.01431 0.00020 0.05951 0.00354 28 Dec-19 0.02402 0.02612 0.01011 0.00010 -0.00143 0.00000 29 Nov-19 0.03620 0.01359 0.02229 0.00050 -0.01397 0.00020 30 Oct-19 0.02210 0.02347 0.00820 0.00007 -0.00408 0.00002 31 Sep-19 0.01477 -0.02273 0.00086 0.00000 -0.05029 0.00253 32 Aug-19 -0.01674 -0.04847 -0.03065 0.00094 -0.07603 0.00578 33 Jul-19 0.01512 -0.01418 0.00121 0.00000 -0.04174 0.00174 34 Jun-19 0.06441 0.06679 0.05050 0.00255 0.03924 0.00154 35 May-19 -0.06377 -0.07861 -0.07768 0.00603 -0.10617 0.01127 Apr-19 0.04085 0.08186 0.02694 0.00073 0.05430 0.00295 37 Mar-19 0.01364 0.08594 -0.00027 0.00000 0.05838 0.00341 38 Feb-19 0.03242 -0.04591 0.01851 0.00034 -0.07346 0.00540 39 Jan-19 0.08007 0.14432 0.06616 0.00438 0.11676 0.01363 40 Dec-18 -0.09334 -0.11135 -0.10725 0.01150 -0.13891 0.01929 41 Nor-18 00185 0.00454 000002 0.03012 0.00091 26 27 36 F G B C D 31 Sep-19 0.01477 -0.02273 32 Aug-19 -0.01674 -0.04847 33 Jul-19 0.01512 -0.01418 34 Jun-19 0.06441 0.06679 35 May-19 -0,06377 -0.07861 36 Apr-19 0.04085 0.08186 37 Mar-19 0.01364 0.08594 38 Feb-19 0.03242 -0.04591 39 Jan-19 0.08007 0.14432 40 Dec-18 -0.09334 -0.11135 41 Nov-18 0.01855 0.05767 42 Oct-18 -0.06910 -0.20219 43 Sep-18 0.00141 -0.00482 44 Aug-18 0.03192 0.13236 45 Jul-18 0.03705 0.04568 46 Jun-18 0.00125 0.04307 47 May-18 0.02431 0.04054 48 Apr-18 0.00517 0.08207 49 Mar-18 -0.03129 -0.04305 SO Feb-18 -0.03636 0.04243 S1 Jan-18 0.05636 0.24064 52 Dec-17 0.00698 -0.00619 53 Nov-17 0.03057 0.06466 54 Oct-17 0.02356 0.14972 55 Sep-17 0.01511 -0.01963 56 Aug-17 0.00292 -0.00727 57 Jul-17 0.02055 0.02043 58 Jun-17 0.00149 -0.02676 59 May-17 0.01411 0.07528 60 Apr-17 0.00993 0.04337 61 Mar-17 -0.00309 0.04911 62 Feb-17 0.03929 0.02618 63 Jan-17 0.01789 0.09816 64 Dec-16 0.01429 -0.00093 65 Nov-16 0.03684 -0.04969 66 Sums: 0.83456 1.65337 67 68 ER 69 Variance 70 Standard Deviation 71 E 0.00086 -0.03065 0.00121 0.05050 -0.07768 0.02694 -0.00027 0.01851 0.06616 -0.10725 0.00464 -0.08301 -0.01250 0.01801 0.02314 -0.01265 0.01040 -0.00874 -0.04520 -0.05027 0.04245 -0.00693 0.01666 0.00965 0.00120 -0.01099 0.00664 -0.01242 0.00020 -0.00398 -0.01700 0.02538 0.00399 0.00038 0.02293 0.00000 0.00094 0.00000 0.00255 0.00603 0.00073 0.00000 0.00034 0.00438 0.01150 0.00002 0.00689 0.00016 0.00032 0.00054 0.00016 0.00011 0.00008 0.00204 0.00253 0.00180 0.00005 0.00028 0.00009 0.00000 0.00012 0.00004 0.00015 0.00000 0.00002 0.00029 0.00064 0.00002 0.00000 0.00053 0.11730 Market 0.01391 0.00195 0.04421 H -0.05029 -0.07603 -0.04174 0.03924 -0.10617 0.05430 0.05838 -0.07346 0.11676 -0.13891 0.03012 -0.22975 -0.03238 0.10481 0.01812 0.01551 0.01298 0.05452 -0.07061 0.01487 0.21308 -0.03374 0.03711 0.12216 -0.04719 10.03482 -0.00712 -0.05432 0.04772 0.01581 0.02155 -0.00137 0.07061 -0.02849 -0.007725 0.00253 0.00578 0.00174 0.00154 0.01127 0.00295 0.00341 0.00540 0.01363 0.01929 0.00091 0.05278 0.00105 0.01098 0.00033 0.00024 0.00017 0.00297 0.00499 0.00022 0.04540 0.00114 0.00138 0.01492 0.00223 0.00121 0.00005 0.00295 0.00228 0.00025 0.00046 0.00000 0.00499 0.00081 0.00597 0.38101 Company 0.02754 0.00635 0.07969