Can someone help me for these 3 questions and show the working out step by step if possible
COURSEWORK QUESTIONS 1) [15 marks] In the Excel dataset file column B contains gross monthly percentage returns on a portfolio of US stocks (denoted by rp), column C contains gross monthly returns on the market portfolio (denoted by rm) and column D contains monthly returns on the risk-free asset (denoted by rf). Columns E, F and G contain values for three further variables denoted by SMB, HML and MOM, which are used in later questions. a) Import these data into EViews with the same variable names as in the Excel file (e.g. rp, rm, etc.). b) Generate two new series named rp_ex and rm_ex containing the excess returns above the risk-free rate for the industry portfolio and the market portfolio respectively (.e. the portfolio returns minus the risk-free asset returns). c) In EViews Calculate the following descriptive statistics for rp_ex and rm_ex: mean, standard deviation, skewness and kurtosis. Insert a table containing these values in the box below. d) In the same box, briefly interpret the sample values of the descriptive statistics in your table (mean, SD, skewness and kurtosis) and explain what they imply about excess returns on the two portfolios. 2) [10 marks] Estimate the following regression model using your dataset in EViews: where is an error term. Copy and paste the EViews regression output into the box provided below: Insert your EViews regression estimation output here. Make sure that it fits and is easily readable. 3) [15 marks] Interpret the estimated values of the intercept and slope coefficients and the value of R-squared, clearly explaining in each case what the value implies about the estimated relationship between the excess returns on the two portfolios. Note that all returns are in percentage terms e.g. a value of 2 corresponds to a 2% return Type your answer here. date rp Jan-81 Feb-81 Mar-81 Apr-81 May-81 Jun-81 Jul-81 Aug-81 Sep-81 Oct-81 Nov-81 Dec-81 Jan-82 Feb-82 Mar-82 Apr-82 May-82 Jun-82 Jul-82 Aug-82 Sep-82 Oct-82 Nov-82 Dec-82 Jan-83 Feb-83 Mar-83 Apr-83 May-83 Jun-83 Jul-83 Aug-83 Sep-83 Oct-83 Nov-83 Dec-83 Jan-84 Feb-84 Mar-84 Apr-84 May-84 Jun-84 rm 1.88 1.41 8.93 4.17 3.56 1.72 -2.43 -6.41 -7.71 6.80 3.54 -1.14 - 1.34 -2.98 -0.54 5.37 -1.44 -2.16 -0.71 5.72 4.67 12.15 10.78 3.33 9.85 7.44 6.87 8.91 8.58 5.14 -0.03 -3.53 0.86 -5.10 2.98 -1.52 1.69 -5.14 1.27 -1.25 -4.04 1.77 RF -4 1.64 4.77 -1.03 1.26 - 1.01 -0.3 -5.76 -5.93 6.13 4.43 -2.78 -2.44 -4.94 -0.89 4.4 -2.93 -2.13 -2.14 11.9 1.8 11.89 5.3 1.22 4.29 3.21 3.45 7.38 1.21 3.74 -3.33 0.26 1.67 -2.68 2.86 -1.05 -1.16 -4.11 1.36 0.3 -5.19 2.57 SMB 1.04 1.07 1.21 1.08 1.15 1.35 1.24 1.28 1.24 1.21 1.07 0.87 0.8 0.92 0.98 1.13 1.06 0.96 1.05 0.76 0.51 0.59 0.63 0.67 0.69 0.62 0.63 0.71 0.69 0.67 0.74 0.76 0.76 0.76 0.7 0.73 0.76 0.71 0.73 0.81 0.78 0.75 HML 2.92 -0.34 3.54 4.4 2 -0.83 -2.18 -1.94 -2.65 2.23 -1.03 1.2 -1.28 0.44 -0.21 1.47 0.52 -0.4 0.83 -4.13 2.96 2.35 4.66 -0.25 2.71 3.28 1.74 0.49 6.26 0.95 1.49 -4.27 0.62 -3.57 2.02 -0.27 -0.37 -1.69 0.07 -1.16 0.07 -0.31 MOM 6.72 1.02 0.64 2.28 -0.42 5.13 -0.49 4.79 5.17 -4.21 1.85 0.82 3.19 6.05 3.83 -2.7 1.76 1.55 0.09 0.93 0.27 -3.67 -1.85 0.01 -0.71 0.7 2.01 0.51 -1.42 -3.91 5.62 5.54 1.01 4.97 -0.73 1.7 7.57 3.34 0.47 1.19 0.29 -2.66 -7.95 -1.35 0.74 -0.91 3.7 -5.81 -2.45 -1.15 1.95 4.01 -0.27 1.3 1.72 4.88 2.96 -0.4 2.5 4.96 4.44 -3.52 4.19 0.18 5.94 0.04 -1.74 3.78 0.93 1.72 -1.56 1.8 -3.11 -5.43 -0.03 -4.52 -0.13 0.84 -2.56 0.22 1.07 2.07 1.51 -0.7 Jul-84 Aug-84 Sep-84 Oct-84 Nov-84 Dec-84 Jan-85 Feb-85 Mar-85 Apr-85 May-85 Jun-85 Jul-85 Aug-85 Sep-85 Oct-85 Nov-85 Dec-85 Jan-86 Feb-86 Mar-86 Apr-86 May-86 Jun-86 Jul-86 Aug-86 Sep-86 Oct-86 Nov-86 Dec-86 Jan-87 Feb-87 Mar-87 Apr-87 May-87 Jun-87 Jul-87 Aug-87 Sep-87 Oct-87 Nov-87 Dec-87 Jan-88 -4.28 8.48 0.83 -2.21 -2.61 0.08 12.35 5.32 -1.93 -0.83 2.49 0.34 2.18 -0.23 -5.09 2.08 5.31 3.86 3.21 6.07 5.00 1.23 4.45 -0.14 -7.43 1.74 -4.64 2.63 -0.20 -2.97 11.30 7.29 3.82 -1.71 -0.06 3.26 3.24 2.21 -0.78 -28.19 -5.00 3.51 7.15 -1.92 11.11 0.06 0.16 -1.03 2.48 8.64 1.8 -0.22 -0.24 5.75 1.82 -0.12 -0.47 -3.94 4.67 7.09 4.53 1.21 7.66 5.48 -0.79 5.11 1.55 -5.93 6.53 -8.15 5.12 1.56 -2.78 12.89 4.82 2.11 -1.67 0.49 4.42 4.31 3.99 -2.14 -22.64 -7.42 7.2 4.5 0.82 0.83 0.86 1 0.73 0.64 0.65 0.58 0.62 0.72 0.66 0.55 0.62 0.55 0.6 0.65 0.61 0.65 0.56 0.53 0.6 0.52 0.49 0.52 0.52 0.46 0.45 0.46 0.39 0.49 0.42 0.43 0.47 0.44 0.38 0.48 0.46 0.47 0.45 0.6 0.35 0.39 0.29 -2.21 -0.24 0.18 -1.23 -0.63 -0.56 3.3 0.8 -1.07 0.15 -2.22 0.56 2.85 -0.31 -1.59 -1.51 0.25 -0.51 1.21 -0.56 -0.58 2.78 -1.35 -0.95 -3.36 -4.17 2.36 -2.5 -1.91 0.13 -1.81 3.49 0.45 -1.69 -0.5 -2.12 -0.66 -0.77 0.56 -8.4 2.75 0.12 -0.76 0.33 -1.8 5.23 0.47 4.04 -0.25 -5.33 -0.1 4.07 3.72 -0.94 0.47 -1.6 2.28 1.29 0.75 -2.84 -1.54 0.44 -0.77 -0.37 -2.86 -0.21 1.3 4.7 3.51 3.22 -1.42 -0.07 0.36 -3.16 -5.91 1.61 -0.39 0.23 1.04 0.73 -0.95 0.3 4.23 2.96 -4.39 4.95 2.83 -5.59 3.62 3.15 1.64 1.49 -6.82 1.88 1.58 3.04 3.99 3.57 -3.91 1.85 1.51 4.88 -0.47 -0.23 3 2.76 2.41 -0.36 2.05 5.07 1.85 -5.28 -5.79 4.46 -0.26 0.35 2.2 -2.07 1.68 0.22 -0.74 -0.25 2.66 -0.86 0.77 -7.86 -1.17 5.87 -7.27 -1.69 0.74 1.63 2.42 -1.22 2.17 2.1 -0.75 1.69 1.3 Feb-88 Mar-88 Apr-88 May-88 Jun-88 Jul-88 Aug-88 Sep-88 Oct-88 Nov-88 Dec-88 Jan-89 Feb-89 Mar-89 Apr-89 May-89 Jun-89 Jul-89 Aug-89 Sep-89 Oct-89 Nov-89 Dec-89 Jan-90 Feb-90 Mar-90 Apr-90 May-90 Jun-90 Jul-90 Aug-90 Sep-90 Oct-90 Nov-90 Dec-90 Jan-91 Feb-91 Mar-91 Apr-91 May-91 Jun-91 Jul-91 Aug-91 7.62 5.52 1.89 -1.56 6.16 0.33 -2.00 2.29 -1.23 -3.69 3.66 5.65 1.23 3.20 3.40 2.80 -1.09 3.10 1.86 -0.25 -5.27 -0.64 -1.18 -5.10 2.34 3.38 -1.83 5.12 1.27 -3.39 -11.58 -7.75 -5.59 4.03 0.77 9.75 12.68 8.45 3.57 3.71 -3.11 2.90 4.02 5.21 -1.83 1.02 0.22 5.28 -0.74 -2.72 3.92 1.76 -1.72 2.12 6.65 -1.64 2.24 5 4.14 -0.64 7.9 2.18 -0.11 -2.99 1.72 1.77 -7.28 1.68 2.47 -2.67 9.1 -0.46 -1.22 -9.49 -5.52 -1.24 6.92 3.06 5.21 7.67 3.09 0.25 4.12 -4.52 4.73 2.78 0.46 0.44 0.46 0.51 0.49 0.51 0.59 0.62 0.61 0.57 0.63 0.55 0.61 0.67 0.67 0.79 0.71 0.7 0.74 0.65 0.68 0.69 0.61 0.57 0.57 0.64 0.69 0.68 0.63 0.68 0.66 0.6 0.68 0.57 0.6 0.52 0.48 0.44 0.53 0.47 0.42 0.49 0.46 3.34 6.14 0.98 -2.61 2.1 -0.26 0.04 -1.3 -2.92 -1.71 1.97 -2.22 2.82 0.67 -0.68 -0.05 - 1.02 -4.16 0.56 0.32 -3.24 -1.24 -2.37 -1.25 0.97 1.46 -0.45 -2.56 1.36 -3.09 -3.56 -3.67 -5.53 0.45 0.82 3.83 3.99 3.9 0.48 -0.4 0.15 -0.91 1.59 -1.61 0.62 0.93 0.54 -1.4 -0.87 2.23 -2.79 0.6 -1.27 -1.11 -1.09 0.16 0.85 0.64 -2.92 -2.59 -3.83 -1.93 -0.04 1.6 0.61 0 -2.97 -1.63 -1.57 -0.63 -1.47 0.58 2.24 0.63 -2.93 0.65 0.35 0.27 1.33 0.33 0.49 -0.16 0.99 3.51 1.77 1.52 0.43 5.39 -0.12 3.4 1.32 2.6 2.8 -3.27 -0.54 1.8 2.39 3.03 2.4 6.14 1.88 5.78 6.71 -5.48 -1.3 1.45 -0.49 1.07 - 1.32 -0.78 0.29 -6.45 4.61 2.87 -2.36 -0.11 0.47 4.22 1.57 Sep-91 Oct-91 Nov-91 Dec-91 Jan-92 Feb-92 Mar-92 Apr-92 May-92 Jun-92 Jul-92 Aug-92 Sep-92 Oct-92 Nov-92 Dec-92 Jan-93 Feb-93 Mar-93 Apr-93 May-93 Jun-93 Jul-93 Aug-93 Sep-93 Oct-93 Nov-93 Dec-93 Jan-94 Feb-94 Mar-94 Apr-94 May-94 Jun-94 Jul-94 Aug-94 Sep-94 Oct-94 Nov.94 Dec-94 Jan-95 Feb-95 Mar-95 0.53 2.64 -2.56 3.16 13.38 4.46 -0.52 -4.56 0.70 -3.98 1.69 -1.94 1.95 2.10 7.74 3.86 7.24 -0.12 2.41 -1.88 4.34 1.51 1.30 4.67 3.30 4.27 -2.36 2.10 4.88 0.67 -3.89 - 1.12 0.16 -2.72 0.45 3.89 0.93 0.02 -4.02 -1.13 3.14 2.60 1.49 -1.13 1.71 -3.8 11.22 -0.25 1.37 -2.32 1.39 0.58 -2.02 4.08 -2.12 1.45 1.25 4.36 1.81 1.16 0.34 2.55 -2.81 3.11 0.56 -0.1 3.96 0.14 1.63 -1.64 1.88 3.12 -2.34 -4.51 0.95 0.89 -2.72 3.1 4.38 -1.94 1.72 -3.67 1.3 2.22 4.03 2.65 0.46 0.42 0.39 0.38 0.34 0.28 0.34 0.32 0.28 0.32 0.31 0.26 0.26 0.23 0.23 0.28 0.23 0.22 0.25 0.24 0.22 0.25 0.24 0.25 0.26 0.22 0.25 0.23 0.25 0.21 0.27 0.27 0.31 0.31 0.28 0.37 0.37 0.38 0.37 0.44 0.42 0.4 0.46 1.64 0.81 -0.5 -2.24 8.46 0.87 -1.04 -6.06 0.41 -3.07 -0.51 -0.14 0.49 2.1 3.79 1.67 1.85 -3.49 0.23 -0.68 2.08 -0.26 0.9 0.14 2.98 2.03 -1.13 1.2 0.51 2.8 -1.14 -0.92 -2.12 -0.4 -1.76 1.43 3.11 -2.26 0.31 0.19 -3.44 -0.66 -0.21 -1.07 -0.46 -1.88 -4.18 4.7 6.47 3.55 4.32 1.19 3.25 -0.55 -1.08 -0.23 -1.98 -1.42 2.65 5.95 6.44 1.19 2.48 -3.5 2.72 2.82 0.14 -0.35 -2.78 -0.66 0.27 1.28 -1.56 1.55 1.66 0.7 1.67 0.57 -2.5 -1.84 -1.63 -0.73 -0.09 2.51 1.09 -2.08 1.79 3.06 1.14 8.19 -2.49 -0.53 -0.29 -2.58 0.21 -0.58 1.59 -0.51 1.5 2.48 -0.15 4.32 4.84 3.14 3.73 0.38 0.22 4.55 3.19 2.65 3.37 -2.72 -4.73 2.36 0 -0.3 -1.27 0.39 -2.19 -0.87 0.1 1.55 1.31 1.49 -0.18 3.48 -1.81 -0.39 0.43 1.7 2.27 -2.54 -1.59 2.81 -0.05 -0.51 0.58 0.18 0.4 -1.07 0.36 -4.05 -0.89 2.38 5.14 -0.74 Apr-95 May-95 Jun-95 Jul-95 Aug-95 Sep-95 Oct-95 Nov-95 Dec-95 Jan-96 Feb-96 Mar-96 Apr-96 May-96 Jun-96 Jul-96 Aug-96 Sep-96 Oct-96 Nov-96 Dec-96 Jan-97 Feb-97 Mar-97 Apr-97 May-97 Jun-97 Jul-97 Aug-97 Sep-97 Oct-97 Nov-97 Dec-97 Jan-98 Feb-98 Mar-98 Apr-98 May-98 Jun-98 Jul-98 Aug-98 Sep-98 Oct-98 2.55 3.44 3.19 4.17 1.02 3.78 -1.05 4.38 1.52 2.69 1.72 1.12 2.52 2.78 -0.74 -5.52 3.18 5.45 1.28 6.66 -1.24 5.43 -0.1 -4.59 4.47 7.23 4.47 7.76 -3.74 5.79 -3.38 3.37 2.57 1.51 5.78 5.57 3.95 2.70 -5.54 1.52 1.27 2.79 3.39 3.30 6.75 7.51 -2.84 -7.63 4.52 2.16 -1.26 2.71 0.31 6.99 - 1.24 -4.67 -2.36 9.86 5.56 5.31 3.95 8.64 -1.94 -2.77 -3.11 1.04 6.36 5.37 3.49 -4.62 -3.06 -6.33 -19.27 3.53 2.96 -2.7 0.44 0.54 0.47 0.45 0.47 0.43 0.47 0.42 0.49 0.43 0.39 0.39 0.46 0.42 0.4 0.45 0.41 0.44 0.42 0.41 0.46 0.45 0.39 0.43 0.43 0.49 0.37 0.43 0.41 0.44 0.42 0.39 0.48 0.43 0.39 0.39 0.43 0.4 0.41 0.4 0.43 0.46 0.32 -0.49 -2.52 3.15 2.06 1.36 -2.2 -3.8 -1.11 0.72 -2.73 1.78 1.51 5.22 3.18 -3.99 -4.31 2.46 -0.98 -4.44 -4.05 3.17 -1.93 -3.2 -0.35 -5.78 5.19 1.24 -2.73 7.31 2.53 -0.77 -5.13 -2.47 -1.06 0.34 -1.11 0.02 -3.35 -3.23 -4.91 -5.68 0.1 -3.12 1.79 -0.42 2.93 2.57 0.16 2.91 4.16 -0.68 2.52 0.54 0.59 -1.84 -0.88 1.54 0.98 -0.17 0.01 2.7 3.79 -2.37 0.63 1.95 -2.13 0.9 4.86 -5.17 2.6 3.79 -2.56 1.47 -0.57 0.33 4.94 1.39 1.32 -1.46 5.69 3.4 0.07 -4.12 1.59 0.29 1.2 0.38 2.25 1.19 3.86 -1.59 -0.85 1.41 0.9 3.4 -1.96 -1.76 3.6 1.8 3.98 0.58 7.43 5.15 1.16 -2.67 3.59 -2.06 - 15.65 6.61 7.45 0.14 -1.12 2.15 0.74 1.82 7.28 3.74 1.84 -0.81 -5.37 -3.37 -2.29 Nov-98 Dec-98 Jan-99 Feb-99 Mar-99 Apr-99 May-99 Jun-99 Jul-99 Aug-99 Sep-99 Oct-99 Nov-99 Dec-99 Jan-00 Feb-00 Mar-00 Apr-00 May-00 Jun-00 Jul-00 Aug-00 Sep-00 Oct-00 Nov-00 Dec-00 Jan-01 Feb-01 Mar-01 Apr-01 May-01 Jun-01 Jul-01 Aug-01 Sep-01 Oct-01 Nov-01 Dec-01 Jan-02 Feb-02 Mar-02 Apr-02 May-02 7.22 1.36 6.13 -5.27 -1.75 9.57 4.09 4.36 1.89 -2.58 -0.89 -1.51 9.41 7.64 4.78 12.15 -0.37 -6.81 -5.87 8.02 -0.08 4.68 -1.94 -3.92 -8.02 0.17 21.94 -3.40 -2.95 5.01 7.50 3.62 -3.33 -3.16 -12.59 7.41 7.80 6.88 1.89 -3.09 8.44 1.04 -2.64 6.41 6.54 3.85 -3.73 3.88 4.7 -2.12 5.17 -3.11 -0.99 -2.4 6.51 3.73 8.16 -4.33 2.88 5.67 -5.94 -3.92 5.04 -2.03 7.53 -4.94 -2.2 - 10.21 1.69 3.67 -9.67 -6.84 8.33 1.04 -1.66 -1.83 -6.15 -8.97 2.68 7.71 1.75 -1.3 -2.16 4.37 -5.05 -1.24 0.31 0.38 0.35 0.35 0.43 0.37 0.34 0.4 0.38 0.39 0.39 0.39 0.36 0.44 0.41 0.43 0.47 0.46 0.5 0.4 0.48 0.5 0.51 0.56 0.51 0.5 0.54 0.38 0.42 0.39 0.32 0.28 0.3 0.31 0.28 0.22 0.17 0.15 0.14 0.13 0.13 0.15 0.14 1.2 -0.51 0.78 -6.06 -3.77 3.95 3.37 3.14 2.6 -0.94 3.44 -6.61 7.22 6.99 5.79 21.48 - 17.29 -6.63 -6.11 12.8 -3.08 -0.63 -1.73 -3.93 -3.39 0.73 6.68 -0.74 0.27 0.56 2.5 6.27 -4.19 2.48 -6.25 7.49 -0.47 4.73 1.19 -1 4.21 5.96 -3.21 -3.23 -4.18 -4.62 1.88 -2.77 2.41 2.3 -3.26 -0.42 -1.84 -3.48 -3.37 -6.16 -8.32 -1.89 -9.81 8.23 7.25 4.83 -8.41 8.33 -1.37 7.17 5.64 12.34 7.6 -5.11 12.48 6.43 -4.69 3.36 -1.13 5.21 2.3 1.46 -7.66 2.22 0.85 3.44 2.16 1.06 3.88 1.53 1.2 8.91 3.03 -0.1 -1.27 -9.04 -5.19 5.06 1.66 3.12 6.48 5.5 5.64 13.22 1.92 18.2 -6.83 -8.39 -8.98 16.61 -0.1 5.73 1.97 -4.48 -2.32 6.74 -25.3 12.57 8.55 -7.9 2.21 0.38 5.58 5.53 11.48 -8.47 -8.69 0.07 3.75 6.82 -1.64 7.63 3.16 0.13 0.15 0.14 0.14 0.14 4.28 -5.26 -2.87 2.43 -3.41 0.12 3.23 Jun-02 Jul-02 Aug-02 Sep-02 Oct-02 Nov-02 Dec-02 Jan-03 Feb-03 Mar-03 Apr-03 May-03 Jun-03 Jul-03 Aug-03 Sep-03 Oct-03 Nov-03 Dec-03 Jan-04 Feb-04 Mar-04 Apr-04 May-04 Jun-04 Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05 Oct-05 Nov-05 Dec-05 -5.62 -13.07 0.37 -8.25 4.89 13.00 -4.41 -0.96 -2.19 0.30 10.14 13.91 4.44 7.58 4.44 0.40 7.96 3.99 2.94 5.29 0.80 0.19 -2.85 0.04 3.32 -5.52 -0.52 4.94 2.20 8.83 5.16 -3.11 1.01 -2.33 -5.94 4.95 3.71 7.36 -0.93 0.61 -2.97 3.76 0.01 -7.08 -8.03 0.64 -10.21 7.98 6.08 -5.65 -2.47 -1.79 1.19 8.32 6.14 1.52 2.42 2.41 -1.16 6.15 1.42 4.37 2.22 1.46 -1.23 -1.75 1.23 1.94 -3.96 0.19 1.71 1.54 4.69 3.59 -2.6 2.05 -1.76 -2.4 3.89 0.8 4.16 -0.92 0.78 -1.75 3.92 0.07 0.11 0.1 0.09 0.1 0.1 0.09 0.1 0.07 0.07 0.08 0.07 0.07 0.08 0.07 0.06 0.09 0.08 0.06 0.08 0.1 0.11 0.11 0.11 0.15 0.16 0.16 0.16 0.21 0.21 0.24 0.23 0.24 0.3 0.29 0.27 0.31 0.32 0.11 1.3 -0.46 1.04 0.67 4.71 1.74 5.11 2.62 0.8 2.63 2 -2.71 2.54 -1.52 1.75 -1.74 -0.25 2.28 -3.8 -1.49 3.02 0.15 3.73 -0.03 -1.72 -0.57 -1.4 -3.93 2.88 2.59 2.9 -0.98 -0.67 -1.23 0.99 -0.41 -0.03 -3.87 3.31 1.44 -3.95 -1.27 2.13 -0.73 -1.38 -1.93 1.17 0.53 0.19 -1.19 1.54 0.1 1.92 1.81 1.6 2.46 0.87 0.23 -3.02 -0.23 1.23 3.22 1 -0.02 -0.25 1.45 -0.21 2.07 1.54 2.05 0.05 -0.59 2.81 -0.78 1.34 0.69 0.41 -1.2 0.22 6.03 3.74 1.9 9.13 -5.58 -16.33 9.64 1.55 1.17 1.48 -9.33 -10.7 -1 -0.32 -0.62 -0.19 3.99 1.46 -5.57 2.58 -1.14 0.17 -5.38 1.5 2.05 -2.28 -1.59 5.49 -1.38 3.16 -2.87 3.05 3.37 0.41 -0.69 0.45 2.05 0.06 2.08 3.43 -1.39 0.35 0.77 Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06 Aug-06 Sep-06 Oct-06 Nov-06 Dec-06 Jan-07 Feb-07 Mar-07 Apr-07 May-07 Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 8.92 0.59 4.84 0.78 -4.34 -0.74 -3.04 2.14 0.83 5.73 2.41 1.45 1.01 -0.18 0.53 1.08 2.46 -0.83 -5.43 0.38 1.05 0.30 -8.35 -1.18 -5.00 -2.64 -0.92 1.56 3.66 -9.52 2.40 2.71 -9.77 -20.93 - 14.70 4.68 -3.55 -11.37 12.80 21.16 11.08 4.24 8.93 3.39 0.04 1.83 1.09 -3.14 0.05 -0.38 2.45 2.25 3.64 2.13 1.27 1.84 -1.58 1.11 3.93 3.65 -1.56 -3.33 1.34 3.54 2.12 -4.49 -0.6 -6.15 -2.96 -0.76 4.78 2.04 -8.27 -0.62 1.66 -9.09 -17.15 -7.83 1.74 -8.12 -10.09 8.97 10.19 5.21 0.44 7.73 0.35 0.34 0.37 0.36 0.43 0.4 0.4 0.42 0.41 0.41 0.42 0.4 0.44 0.38 0.43 0.44 0.41 0.4 0.4 0.42 0.32 0.32 0.34 0.27 0.21 0.13 0.17 0.18 0.18 0.17 0.15 0.13 0.15 0.08 0.03 0 0 0.01 0.02 0.01 0 0.01 0.01 5.42 -0.4 3.45 -1.43 -2.98 -0.38 -3.99 1.01 -1.34 1.72 0.72 -1.13 0.14 1.18 0.15 -2.17 0.23 0.76 -2.61 -0.14 -2.22 0.12 -2.93 0.16 -0.98 -0.41 0.77 -1.72 2.95 1.24 2.56 3.5 -1.24 -2.52 -2.87 3.49 0.18 0.13 0 5.28 -2.52 2.66 1.87 1.09 -0.37 0.55 2.34 2.39 0.8 2.62 -2.04 0.06 -0.26 0.11 2.71 -0.7 -0.12 -0.94 -1.43 -0.62 -1.07 -3.73 -1.89 -2.23 -3.11 -0.94 -0.52 4.01 -0.84 0.35 -1.09 -1.53 -2.7 5.27 1.48 5.9 -2.22 -6.3 0.07 -11.11 -6.91 3.34 5.26 0.37 -2.72 4.84 2.53 -1.84 1.26 0.61 -3.7 1.54 -2.13 -3.38 -0.96 -0.2 -1.03 0.79 0.24 -1.35 2.56 -0.24 -0.34 0.51 2.94 0.1 4.63 5.02 0.99 6.63 -7.75 6.1 4.27 -0.31 3.31 12.75 -5.07 -4.03 0.28 7.85 7.17 -5.09 -2.18 4.41 -11.87 -34.3 -12.49 5.48 -5.58 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep 11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 4.55 6.60 -6.45 1.04 7.23 -2.09 3.68 7.79 6.74 -7.39 -7.21 6.02 -7.34 12.01 5.30 3.52 8.58 0.76 4.83 1.89 1.26 -2.31 -1.85 -2.43 -9.91 -11.04 13.62 -2.04 0.61 9.13 2.28 3.51 -2.00 -7.47 4.34 -1.43 2.21 5.03 -2.58 -0.53 2.96 7.11 0.27 3.34 4.09 -2.59 5.56 2.76 -3.36 3.4 6.32 2.01 -7.88 -5.56 6.94 -4.76 9.55 3.89 0.61 6.83 2 3.5 0.47 2.9 -1.27 -1.75 -2.35 -5.98 -7.59 11.35 -0.28 0.74 5.05 4.42 3.11 -0.85 -6.18 3.89 0.79 2.56 2.74 -1.75 0.79 1.19 5.57 1.29 0.01 0.01 0 0 0.01 0 0 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0 0 0 0 0.01 0 -1.08 2.43 -4.34 -2.39 6.04 0.4 1.19 1.48 4.87 0.09 -1.81 0.24 -2.95 3.96 1.21 3.77 0.67 -2.44 1.47 2.56 -0.32 -0.65 -0.14 -1.29 -3.07 -3.33 3.3 -0.17 -0.6 2.06 -1.86 -0.66 -0.41 0.09 0.64 -2.72 0.48 0.54 -1.17 0.61 1.52 0.31 -0.33 7.63 1.04 -4.2 -0.33 -0.17 0.43 3.22 2.21 2.89 -2.44 -4.7 -0.3 -1.96 -3.17 -2.49 -0.88 3.78 0.77 1.24 -1.88 -2.48 -2 -0.38 -0.91 -2.4 -1.75 0.12 -0.46 1.61 -0.94 0.43 1.12 -0.77 -1.06 0.59 -0.12 -9.07 -4.79 2.61 0.3 3.02 -5.4 3.74 3.76 3.16 -0.25 -2.76 1.83 -0.06 1.41 1.58 2.66 -3.03 -0.29 1.99 3.4 0.04 -0.62 1.78 0.16 -0.28 -2.42 -1.43 3.85 1.81 -7.93 -0.29 1.3 3.75 6.49 -1.06 3.02 -2.37 -1.14 0.14 0.49 -2.86 -1.79 1.29 0 0 0 0 0 1.3 0 0 0.01 0 0 0.01 0.01 0.01 0.01 0.01 0 0 1.58 3.56 -0.83 3.53 0.95 0.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 4.16 -0.78 5.25 0.58 7.09 -2.57 6.43 3.07 5.03 3.22 -1.64 3.99 0.99 -4.11 -0.12 4.20 -5.99 4.04 -5.29 4.49 -0.87 3.78 -4.38 7.26 0.15 -0.95 1.59 -0.04 -3.92 -3.92 -5.53 5.50 4.01 -4.86 -9.33 1.23 8.26 3.20 0.56 -0.61 6.09 2.66 2.60 4.03 1.55 2.8 -1.2 5.65 -2.71 3.77 4.18 3.13 2.81 -3.32 4.65 0.43 -0.19 2.06 2.61 -2.04 4.24 -1.97 2.52 2.55 -0.06 -3.11 6.14 -1.12 0.59 1.36 -1.53 1.54 -6.04 -3.07 7.75 0.56 -2.16 -5.76 -0.06 6.98 0.93 1.79 -0.03 3.97 0.52 0.27 0 0.83 -2.36 1.72 1.32 1.87 0.26 2.9 -1.56 1.29 -0.46 0.92 0.37 -1.87 -4.2 -1.89 3.09 -4.28 0.39 -3.72 4.22 -2.05 2.5 -0.54 0.61 3.07 -3.04 0.92 2.9 -4.2 0.36 -2.63 -1.86 3.6 -2.81 -3.39 0.81 0.75 0.68 -0.19 0.58 2.51 1.17 2.13 -0.23 0.5 2.67 0.05 0.57 -2.68 -1.23 1.26 0.28 -0.01 -2.02 -0.31 4.92 1.14 -0.13 -0.69 0.02 -0.44 -1.35 -1.83 -3.09 2.27 -3.61 -1.87 -0.41 1.83 -1.13 -0.78 -4.07 2.8 0.58 -0.45 -0.39 -2.59 2.07 -0.58 1.1 3.19 -1.65 -1.45 -1.29 3.11 -1.21 1.92 0.22 -2.02 0.52 1.75 0.02 3.07 0.08 0.44 0.02 1.71 2.07 -3.29 -3.89 0.88 0.69 -0.14 0.82 0.5 -0.06 0.68 1.12 3.85 -2.79 2.74 -7.27 5.83 3.02 10.06 -2.09 5.24 -3.27 2.28 3.36 1.39 -4.27 -5.04 -6.08 1.37 4.14 -3.32 -3.49 0.15 0 0 0 0 0 0 0 0 0 0 0 0.01 0.01 0.02 0.02 0.01 0.01 0.02 0.02 0.02 0.02 10 31 2.66 0.02 0.01 0.03 0.04 4.41 5.67 0.09 -1.13 412 821 3.6 -2.74 LEO Oct-16 Nov.16 Dec-16 Jan 17 Feb-17 Mar-17 Apr-17 May-17 un-12 1.50 0.04 2.04 0.6 -4.63 -0.25 -0.94 -16 -103 0.48 1.5 -0.09 162 3.29 -132 13 4.87 1.85 1.98 3.61 0.2 1.14 1.12 0.84 1.94 0.25 2.6 2.34 3.2 1.15 5.69 3.54 -2-23 0.43 046 -322 4.28 -0.51 2.05 9.92 0.35 287 -0.37 232 -4.09 113 0.72 -2.52 2.23 -1.46 -1.65 4.45 -1.93 -0.56 -1.32 -3.18 0.26 4.06 1.1 SEO 0.03 0.05 0.06 0.06 0.07 0.09 0.09 0.09 0.08 0.09 011 0.11 012 0.14 0.14 0.14 016 0.16 015 019 0.18 019 021 0.87 1.55 4.05 3.56 -1.13 0.36 -3.33 -2.13 -3.75 1.49 -0.22 2.07 3.09 0.22 -0.05 0.03 -1.36 -1.03 0.23 0.48 3 13 -233 0.45 -3.98 -17 3.43 0.26 -19 -0.44 2.68 4.05 2.17 -2.37 2.79 TES Aue-17 Sep 17 Oct 17 Nov.17 Dec 17 Jan-18 Feb 18 Mar 18 Apr-18 May 18 un-18 Jul-18 Aug 18 Sep-18 Oct-18 Nov.18 Dec 18 Jan 19 Feb-19 Mar 19 Apr 19 May 19 Jun-19 Jul 19 Aug-19 Sep-19 Oct-19 Nov 19 Dec-19 Jan-20 Feb-20 Mar 20 Apr-20 187 - 0.83 6.50 0.10 0.29 3.12 -301 - 1103 0.04 -13.50 13.07 5.39 -168 2.74 -8.71 0.62 3.35 3.6 0.21 -7,49 1.87 9.36 8.62 1.13 -2.25 1.14 -2.3 -4.82 -0.68 -242 2.9 2.04 -2.98 -2.33 -1.43 5.28 003 -206 -1.41 2.12 -8.65 0.85 216 3.58 0.36 1.29 4.17 -6.73 -1.74 195 7.51 0.71 1.38 -134 0.25 -1.94 -2.32 -0.97 7.56 -2.23 2.9 7.47 5.81 -108 -635 2.59 0.25 2.80 524 -157 0.19 0.21 0.21 0.38 019 0.16 0.18 0.15 0.12 0.14 013 0.12 0.12 0 0.28 1.61 2.21 3.99 2.91 0.02 8.01 -13.26 13.65 0.19 0.8 0.72 -3.13 1.03 -4.89 2.47 0.42 495 6.83 -1.93 2.02 1.79 -6.24 3.79 14.02 -1.18 -26) -188 603 0.36 8.16 -5.39 21.66 16 62 5.59 2.47 4.8 -2.04 -153 2.45 2.69 -2.28 -0.26 0.02 441 5.65 0.35 -0.78 7,63 041 3.18 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct 20 Nov-20 Dec 20 Jan 21 Feb 21 Mar 21 Apr 21 May 21 Jun-21 Jul-21 Aug 21 Sep 21 412 6.82 7.04 4.75 5.00 -4.39 1.45 20.79 9.70 10.66 10.44 2.72 0.22 185 157 4.40 2.46 -29 2.62 4.16 213 -143 2.99 0.01 0.01 0.01 001 0.01 0.01 0.01 001 0 0 0 0 0 0 0 0 0 5.78 7.64 -3.62 2.09 12:48 4.64 0.03 2.78 3.08 4.93 0.29 2.75 1.27 2.9 4.37 7.12 203 718 E -2.41 -3.11 -0.28 1.8 -3.96 0.48 OR 7.41 -0.93 7.04 -7.76 -1.75 -12.45 -2.26 4.52 -793 6.11 1.14 0.88 2.24 -2.29 2.52 1.57 1 5.09 COURSEWORK QUESTIONS 1) [15 marks] In the Excel dataset file column B contains gross monthly percentage returns on a portfolio of US stocks (denoted by rp), column C contains gross monthly returns on the market portfolio (denoted by rm) and column D contains monthly returns on the risk-free asset (denoted by rf). Columns E, F and G contain values for three further variables denoted by SMB, HML and MOM, which are used in later questions. a) Import these data into EViews with the same variable names as in the Excel file (e.g. rp, rm, etc.). b) Generate two new series named rp_ex and rm_ex containing the excess returns above the risk-free rate for the industry portfolio and the market portfolio respectively (.e. the portfolio returns minus the risk-free asset returns). c) In EViews Calculate the following descriptive statistics for rp_ex and rm_ex: mean, standard deviation, skewness and kurtosis. Insert a table containing these values in the box below. d) In the same box, briefly interpret the sample values of the descriptive statistics in your table (mean, SD, skewness and kurtosis) and explain what they imply about excess returns on the two portfolios. 2) [10 marks] Estimate the following regression model using your dataset in EViews: where is an error term. Copy and paste the EViews regression output into the box provided below: Insert your EViews regression estimation output here. Make sure that it fits and is easily readable. 3) [15 marks] Interpret the estimated values of the intercept and slope coefficients and the value of R-squared, clearly explaining in each case what the value implies about the estimated relationship between the excess returns on the two portfolios. Note that all returns are in percentage terms e.g. a value of 2 corresponds to a 2% return Type your answer here. date rp Jan-81 Feb-81 Mar-81 Apr-81 May-81 Jun-81 Jul-81 Aug-81 Sep-81 Oct-81 Nov-81 Dec-81 Jan-82 Feb-82 Mar-82 Apr-82 May-82 Jun-82 Jul-82 Aug-82 Sep-82 Oct-82 Nov-82 Dec-82 Jan-83 Feb-83 Mar-83 Apr-83 May-83 Jun-83 Jul-83 Aug-83 Sep-83 Oct-83 Nov-83 Dec-83 Jan-84 Feb-84 Mar-84 Apr-84 May-84 Jun-84 rm 1.88 1.41 8.93 4.17 3.56 1.72 -2.43 -6.41 -7.71 6.80 3.54 -1.14 - 1.34 -2.98 -0.54 5.37 -1.44 -2.16 -0.71 5.72 4.67 12.15 10.78 3.33 9.85 7.44 6.87 8.91 8.58 5.14 -0.03 -3.53 0.86 -5.10 2.98 -1.52 1.69 -5.14 1.27 -1.25 -4.04 1.77 RF -4 1.64 4.77 -1.03 1.26 - 1.01 -0.3 -5.76 -5.93 6.13 4.43 -2.78 -2.44 -4.94 -0.89 4.4 -2.93 -2.13 -2.14 11.9 1.8 11.89 5.3 1.22 4.29 3.21 3.45 7.38 1.21 3.74 -3.33 0.26 1.67 -2.68 2.86 -1.05 -1.16 -4.11 1.36 0.3 -5.19 2.57 SMB 1.04 1.07 1.21 1.08 1.15 1.35 1.24 1.28 1.24 1.21 1.07 0.87 0.8 0.92 0.98 1.13 1.06 0.96 1.05 0.76 0.51 0.59 0.63 0.67 0.69 0.62 0.63 0.71 0.69 0.67 0.74 0.76 0.76 0.76 0.7 0.73 0.76 0.71 0.73 0.81 0.78 0.75 HML 2.92 -0.34 3.54 4.4 2 -0.83 -2.18 -1.94 -2.65 2.23 -1.03 1.2 -1.28 0.44 -0.21 1.47 0.52 -0.4 0.83 -4.13 2.96 2.35 4.66 -0.25 2.71 3.28 1.74 0.49 6.26 0.95 1.49 -4.27 0.62 -3.57 2.02 -0.27 -0.37 -1.69 0.07 -1.16 0.07 -0.31 MOM 6.72 1.02 0.64 2.28 -0.42 5.13 -0.49 4.79 5.17 -4.21 1.85 0.82 3.19 6.05 3.83 -2.7 1.76 1.55 0.09 0.93 0.27 -3.67 -1.85 0.01 -0.71 0.7 2.01 0.51 -1.42 -3.91 5.62 5.54 1.01 4.97 -0.73 1.7 7.57 3.34 0.47 1.19 0.29 -2.66 -7.95 -1.35 0.74 -0.91 3.7 -5.81 -2.45 -1.15 1.95 4.01 -0.27 1.3 1.72 4.88 2.96 -0.4 2.5 4.96 4.44 -3.52 4.19 0.18 5.94 0.04 -1.74 3.78 0.93 1.72 -1.56 1.8 -3.11 -5.43 -0.03 -4.52 -0.13 0.84 -2.56 0.22 1.07 2.07 1.51 -0.7 Jul-84 Aug-84 Sep-84 Oct-84 Nov-84 Dec-84 Jan-85 Feb-85 Mar-85 Apr-85 May-85 Jun-85 Jul-85 Aug-85 Sep-85 Oct-85 Nov-85 Dec-85 Jan-86 Feb-86 Mar-86 Apr-86 May-86 Jun-86 Jul-86 Aug-86 Sep-86 Oct-86 Nov-86 Dec-86 Jan-87 Feb-87 Mar-87 Apr-87 May-87 Jun-87 Jul-87 Aug-87 Sep-87 Oct-87 Nov-87 Dec-87 Jan-88 -4.28 8.48 0.83 -2.21 -2.61 0.08 12.35 5.32 -1.93 -0.83 2.49 0.34 2.18 -0.23 -5.09 2.08 5.31 3.86 3.21 6.07 5.00 1.23 4.45 -0.14 -7.43 1.74 -4.64 2.63 -0.20 -2.97 11.30 7.29 3.82 -1.71 -0.06 3.26 3.24 2.21 -0.78 -28.19 -5.00 3.51 7.15 -1.92 11.11 0.06 0.16 -1.03 2.48 8.64 1.8 -0.22 -0.24 5.75 1.82 -0.12 -0.47 -3.94 4.67 7.09 4.53 1.21 7.66 5.48 -0.79 5.11 1.55 -5.93 6.53 -8.15 5.12 1.56 -2.78 12.89 4.82 2.11 -1.67 0.49 4.42 4.31 3.99 -2.14 -22.64 -7.42 7.2 4.5 0.82 0.83 0.86 1 0.73 0.64 0.65 0.58 0.62 0.72 0.66 0.55 0.62 0.55 0.6 0.65 0.61 0.65 0.56 0.53 0.6 0.52 0.49 0.52 0.52 0.46 0.45 0.46 0.39 0.49 0.42 0.43 0.47 0.44 0.38 0.48 0.46 0.47 0.45 0.6 0.35 0.39 0.29 -2.21 -0.24 0.18 -1.23 -0.63 -0.56 3.3 0.8 -1.07 0.15 -2.22 0.56 2.85 -0.31 -1.59 -1.51 0.25 -0.51 1.21 -0.56 -0.58 2.78 -1.35 -0.95 -3.36 -4.17 2.36 -2.5 -1.91 0.13 -1.81 3.49 0.45 -1.69 -0.5 -2.12 -0.66 -0.77 0.56 -8.4 2.75 0.12 -0.76 0.33 -1.8 5.23 0.47 4.04 -0.25 -5.33 -0.1 4.07 3.72 -0.94 0.47 -1.6 2.28 1.29 0.75 -2.84 -1.54 0.44 -0.77 -0.37 -2.86 -0.21 1.3 4.7 3.51 3.22 -1.42 -0.07 0.36 -3.16 -5.91 1.61 -0.39 0.23 1.04 0.73 -0.95 0.3 4.23 2.96 -4.39 4.95 2.83 -5.59 3.62 3.15 1.64 1.49 -6.82 1.88 1.58 3.04 3.99 3.57 -3.91 1.85 1.51 4.88 -0.47 -0.23 3 2.76 2.41 -0.36 2.05 5.07 1.85 -5.28 -5.79 4.46 -0.26 0.35 2.2 -2.07 1.68 0.22 -0.74 -0.25 2.66 -0.86 0.77 -7.86 -1.17 5.87 -7.27 -1.69 0.74 1.63 2.42 -1.22 2.17 2.1 -0.75 1.69 1.3 Feb-88 Mar-88 Apr-88 May-88 Jun-88 Jul-88 Aug-88 Sep-88 Oct-88 Nov-88 Dec-88 Jan-89 Feb-89 Mar-89 Apr-89 May-89 Jun-89 Jul-89 Aug-89 Sep-89 Oct-89 Nov-89 Dec-89 Jan-90 Feb-90 Mar-90 Apr-90 May-90 Jun-90 Jul-90 Aug-90 Sep-90 Oct-90 Nov-90 Dec-90 Jan-91 Feb-91 Mar-91 Apr-91 May-91 Jun-91 Jul-91 Aug-91 7.62 5.52 1.89 -1.56 6.16 0.33 -2.00 2.29 -1.23 -3.69 3.66 5.65 1.23 3.20 3.40 2.80 -1.09 3.10 1.86 -0.25 -5.27 -0.64 -1.18 -5.10 2.34 3.38 -1.83 5.12 1.27 -3.39 -11.58 -7.75 -5.59 4.03 0.77 9.75 12.68 8.45 3.57 3.71 -3.11 2.90 4.02 5.21 -1.83 1.02 0.22 5.28 -0.74 -2.72 3.92 1.76 -1.72 2.12 6.65 -1.64 2.24 5 4.14 -0.64 7.9 2.18 -0.11 -2.99 1.72 1.77 -7.28 1.68 2.47 -2.67 9.1 -0.46 -1.22 -9.49 -5.52 -1.24 6.92 3.06 5.21 7.67 3.09 0.25 4.12 -4.52 4.73 2.78 0.46 0.44 0.46 0.51 0.49 0.51 0.59 0.62 0.61 0.57 0.63 0.55 0.61 0.67 0.67 0.79 0.71 0.7 0.74 0.65 0.68 0.69 0.61 0.57 0.57 0.64 0.69 0.68 0.63 0.68 0.66 0.6 0.68 0.57 0.6 0.52 0.48 0.44 0.53 0.47 0.42 0.49 0.46 3.34 6.14 0.98 -2.61 2.1 -0.26 0.04 -1.3 -2.92 -1.71 1.97 -2.22 2.82 0.67 -0.68 -0.05 - 1.02 -4.16 0.56 0.32 -3.24 -1.24 -2.37 -1.25 0.97 1.46 -0.45 -2.56 1.36 -3.09 -3.56 -3.67 -5.53 0.45 0.82 3.83 3.99 3.9 0.48 -0.4 0.15 -0.91 1.59 -1.61 0.62 0.93 0.54 -1.4 -0.87 2.23 -2.79 0.6 -1.27 -1.11 -1.09 0.16 0.85 0.64 -2.92 -2.59 -3.83 -1.93 -0.04 1.6 0.61 0 -2.97 -1.63 -1.57 -0.63 -1.47 0.58 2.24 0.63 -2.93 0.65 0.35 0.27 1.33 0.33 0.49 -0.16 0.99 3.51 1.77 1.52 0.43 5.39 -0.12 3.4 1.32 2.6 2.8 -3.27 -0.54 1.8 2.39 3.03 2.4 6.14 1.88 5.78 6.71 -5.48 -1.3 1.45 -0.49 1.07 - 1.32 -0.78 0.29 -6.45 4.61 2.87 -2.36 -0.11 0.47 4.22 1.57 Sep-91 Oct-91 Nov-91 Dec-91 Jan-92 Feb-92 Mar-92 Apr-92 May-92 Jun-92 Jul-92 Aug-92 Sep-92 Oct-92 Nov-92 Dec-92 Jan-93 Feb-93 Mar-93 Apr-93 May-93 Jun-93 Jul-93 Aug-93 Sep-93 Oct-93 Nov-93 Dec-93 Jan-94 Feb-94 Mar-94 Apr-94 May-94 Jun-94 Jul-94 Aug-94 Sep-94 Oct-94 Nov.94 Dec-94 Jan-95 Feb-95 Mar-95 0.53 2.64 -2.56 3.16 13.38 4.46 -0.52 -4.56 0.70 -3.98 1.69 -1.94 1.95 2.10 7.74 3.86 7.24 -0.12 2.41 -1.88 4.34 1.51 1.30 4.67 3.30 4.27 -2.36 2.10 4.88 0.67 -3.89 - 1.12 0.16 -2.72 0.45 3.89 0.93 0.02 -4.02 -1.13 3.14 2.60 1.49 -1.13 1.71 -3.8 11.22 -0.25 1.37 -2.32 1.39 0.58 -2.02 4.08 -2.12 1.45 1.25 4.36 1.81 1.16 0.34 2.55 -2.81 3.11 0.56 -0.1 3.96 0.14 1.63 -1.64 1.88 3.12 -2.34 -4.51 0.95 0.89 -2.72 3.1 4.38 -1.94 1.72 -3.67 1.3 2.22 4.03 2.65 0.46 0.42 0.39 0.38 0.34 0.28 0.34 0.32 0.28 0.32 0.31 0.26 0.26 0.23 0.23 0.28 0.23 0.22 0.25 0.24 0.22 0.25 0.24 0.25 0.26 0.22 0.25 0.23 0.25 0.21 0.27 0.27 0.31 0.31 0.28 0.37 0.37 0.38 0.37 0.44 0.42 0.4 0.46 1.64 0.81 -0.5 -2.24 8.46 0.87 -1.04 -6.06 0.41 -3.07 -0.51 -0.14 0.49 2.1 3.79 1.67 1.85 -3.49 0.23 -0.68 2.08 -0.26 0.9 0.14 2.98 2.03 -1.13 1.2 0.51 2.8 -1.14 -0.92 -2.12 -0.4 -1.76 1.43 3.11 -2.26 0.31 0.19 -3.44 -0.66 -0.21 -1.07 -0.46 -1.88 -4.18 4.7 6.47 3.55 4.32 1.19 3.25 -0.55 -1.08 -0.23 -1.98 -1.42 2.65 5.95 6.44 1.19 2.48 -3.5 2.72 2.82 0.14 -0.35 -2.78 -0.66 0.27 1.28 -1.56 1.55 1.66 0.7 1.67 0.57 -2.5 -1.84 -1.63 -0.73 -0.09 2.51 1.09 -2.08 1.79 3.06 1.14 8.19 -2.49 -0.53 -0.29 -2.58 0.21 -0.58 1.59 -0.51 1.5 2.48 -0.15 4.32 4.84 3.14 3.73 0.38 0.22 4.55 3.19 2.65 3.37 -2.72 -4.73 2.36 0 -0.3 -1.27 0.39 -2.19 -0.87 0.1 1.55 1.31 1.49 -0.18 3.48 -1.81 -0.39 0.43 1.7 2.27 -2.54 -1.59 2.81 -0.05 -0.51 0.58 0.18 0.4 -1.07 0.36 -4.05 -0.89 2.38 5.14 -0.74 Apr-95 May-95 Jun-95 Jul-95 Aug-95 Sep-95 Oct-95 Nov-95 Dec-95 Jan-96 Feb-96 Mar-96 Apr-96 May-96 Jun-96 Jul-96 Aug-96 Sep-96 Oct-96 Nov-96 Dec-96 Jan-97 Feb-97 Mar-97 Apr-97 May-97 Jun-97 Jul-97 Aug-97 Sep-97 Oct-97 Nov-97 Dec-97 Jan-98 Feb-98 Mar-98 Apr-98 May-98 Jun-98 Jul-98 Aug-98 Sep-98 Oct-98 2.55 3.44 3.19 4.17 1.02 3.78 -1.05 4.38 1.52 2.69 1.72 1.12 2.52 2.78 -0.74 -5.52 3.18 5.45 1.28 6.66 -1.24 5.43 -0.1 -4.59 4.47 7.23 4.47 7.76 -3.74 5.79 -3.38 3.37 2.57 1.51 5.78 5.57 3.95 2.70 -5.54 1.52 1.27 2.79 3.39 3.30 6.75 7.51 -2.84 -7.63 4.52 2.16 -1.26 2.71 0.31 6.99 - 1.24 -4.67 -2.36 9.86 5.56 5.31 3.95 8.64 -1.94 -2.77 -3.11 1.04 6.36 5.37 3.49 -4.62 -3.06 -6.33 -19.27 3.53 2.96 -2.7 0.44 0.54 0.47 0.45 0.47 0.43 0.47 0.42 0.49 0.43 0.39 0.39 0.46 0.42 0.4 0.45 0.41 0.44 0.42 0.41 0.46 0.45 0.39 0.43 0.43 0.49 0.37 0.43 0.41 0.44 0.42 0.39 0.48 0.43 0.39 0.39 0.43 0.4 0.41 0.4 0.43 0.46 0.32 -0.49 -2.52 3.15 2.06 1.36 -2.2 -3.8 -1.11 0.72 -2.73 1.78 1.51 5.22 3.18 -3.99 -4.31 2.46 -0.98 -4.44 -4.05 3.17 -1.93 -3.2 -0.35 -5.78 5.19 1.24 -2.73 7.31 2.53 -0.77 -5.13 -2.47 -1.06 0.34 -1.11 0.02 -3.35 -3.23 -4.91 -5.68 0.1 -3.12 1.79 -0.42 2.93 2.57 0.16 2.91 4.16 -0.68 2.52 0.54 0.59 -1.84 -0.88 1.54 0.98 -0.17 0.01 2.7 3.79 -2.37 0.63 1.95 -2.13 0.9 4.86 -5.17 2.6 3.79 -2.56 1.47 -0.57 0.33 4.94 1.39 1.32 -1.46 5.69 3.4 0.07 -4.12 1.59 0.29 1.2 0.38 2.25 1.19 3.86 -1.59 -0.85 1.41 0.9 3.4 -1.96 -1.76 3.6 1.8 3.98 0.58 7.43 5.15 1.16 -2.67 3.59 -2.06 - 15.65 6.61 7.45 0.14 -1.12 2.15 0.74 1.82 7.28 3.74 1.84 -0.81 -5.37 -3.37 -2.29 Nov-98 Dec-98 Jan-99 Feb-99 Mar-99 Apr-99 May-99 Jun-99 Jul-99 Aug-99 Sep-99 Oct-99 Nov-99 Dec-99 Jan-00 Feb-00 Mar-00 Apr-00 May-00 Jun-00 Jul-00 Aug-00 Sep-00 Oct-00 Nov-00 Dec-00 Jan-01 Feb-01 Mar-01 Apr-01 May-01 Jun-01 Jul-01 Aug-01 Sep-01 Oct-01 Nov-01 Dec-01 Jan-02 Feb-02 Mar-02 Apr-02 May-02 7.22 1.36 6.13 -5.27 -1.75 9.57 4.09 4.36 1.89 -2.58 -0.89 -1.51 9.41 7.64 4.78 12.15 -0.37 -6.81 -5.87 8.02 -0.08 4.68 -1.94 -3.92 -8.02 0.17 21.94 -3.40 -2.95 5.01 7.50 3.62 -3.33 -3.16 -12.59 7.41 7.80 6.88 1.89 -3.09 8.44 1.04 -2.64 6.41 6.54 3.85 -3.73 3.88 4.7 -2.12 5.17 -3.11 -0.99 -2.4 6.51 3.73 8.16 -4.33 2.88 5.67 -5.94 -3.92 5.04 -2.03 7.53 -4.94 -2.2 - 10.21 1.69 3.67 -9.67 -6.84 8.33 1.04 -1.66 -1.83 -6.15 -8.97 2.68 7.71 1.75 -1.3 -2.16 4.37 -5.05 -1.24 0.31 0.38 0.35 0.35 0.43 0.37 0.34 0.4 0.38 0.39 0.39 0.39 0.36 0.44 0.41 0.43 0.47 0.46 0.5 0.4 0.48 0.5 0.51 0.56 0.51 0.5 0.54 0.38 0.42 0.39 0.32 0.28 0.3 0.31 0.28 0.22 0.17 0.15 0.14 0.13 0.13 0.15 0.14 1.2 -0.51 0.78 -6.06 -3.77 3.95 3.37 3.14 2.6 -0.94 3.44 -6.61 7.22 6.99 5.79 21.48 - 17.29 -6.63 -6.11 12.8 -3.08 -0.63 -1.73 -3.93 -3.39 0.73 6.68 -0.74 0.27 0.56 2.5 6.27 -4.19 2.48 -6.25 7.49 -0.47 4.73 1.19 -1 4.21 5.96 -3.21 -3.23 -4.18 -4.62 1.88 -2.77 2.41 2.3 -3.26 -0.42 -1.84 -3.48 -3.37 -6.16 -8.32 -1.89 -9.81 8.23 7.25 4.83 -8.41 8.33 -1.37 7.17 5.64 12.34 7.6 -5.11 12.48 6.43 -4.69 3.36 -1.13 5.21 2.3 1.46 -7.66 2.22 0.85 3.44 2.16 1.06 3.88 1.53 1.2 8.91 3.03 -0.1 -1.27 -9.04 -5.19 5.06 1.66 3.12 6.48 5.5 5.64 13.22 1.92 18.2 -6.83 -8.39 -8.98 16.61 -0.1 5.73 1.97 -4.48 -2.32 6.74 -25.3 12.57 8.55 -7.9 2.21 0.38 5.58 5.53 11.48 -8.47 -8.69 0.07 3.75 6.82 -1.64 7.63 3.16 0.13 0.15 0.14 0.14 0.14 4.28 -5.26 -2.87 2.43 -3.41 0.12 3.23 Jun-02 Jul-02 Aug-02 Sep-02 Oct-02 Nov-02 Dec-02 Jan-03 Feb-03 Mar-03 Apr-03 May-03 Jun-03 Jul-03 Aug-03 Sep-03 Oct-03 Nov-03 Dec-03 Jan-04 Feb-04 Mar-04 Apr-04 May-04 Jun-04 Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Sep-05 Oct-05 Nov-05 Dec-05 -5.62 -13.07 0.37 -8.25 4.89 13.00 -4.41 -0.96 -2.19 0.30 10.14 13.91 4.44 7.58 4.44 0.40 7.96 3.99 2.94 5.29 0.80 0.19 -2.85 0.04 3.32 -5.52 -0.52 4.94 2.20 8.83 5.16 -3.11 1.01 -2.33 -5.94 4.95 3.71 7.36 -0.93 0.61 -2.97 3.76 0.01 -7.08 -8.03 0.64 -10.21 7.98 6.08 -5.65 -2.47 -1.79 1.19 8.32 6.14 1.52 2.42 2.41 -1.16 6.15 1.42 4.37 2.22 1.46 -1.23 -1.75 1.23 1.94 -3.96 0.19 1.71 1.54 4.69 3.59 -2.6 2.05 -1.76 -2.4 3.89 0.8 4.16 -0.92 0.78 -1.75 3.92 0.07 0.11 0.1 0.09 0.1 0.1 0.09 0.1 0.07 0.07 0.08 0.07 0.07 0.08 0.07 0.06 0.09 0.08 0.06 0.08 0.1 0.11 0.11 0.11 0.15 0.16 0.16 0.16 0.21 0.21 0.24 0.23 0.24 0.3 0.29 0.27 0.31 0.32 0.11 1.3 -0.46 1.04 0.67 4.71 1.74 5.11 2.62 0.8 2.63 2 -2.71 2.54 -1.52 1.75 -1.74 -0.25 2.28 -3.8 -1.49 3.02 0.15 3.73 -0.03 -1.72 -0.57 -1.4 -3.93 2.88 2.59 2.9 -0.98 -0.67 -1.23 0.99 -0.41 -0.03 -3.87 3.31 1.44 -3.95 -1.27 2.13 -0.73 -1.38 -1.93 1.17 0.53 0.19 -1.19 1.54 0.1 1.92 1.81 1.6 2.46 0.87 0.23 -3.02 -0.23 1.23 3.22 1 -0.02 -0.25 1.45 -0.21 2.07 1.54 2.05 0.05 -0.59 2.81 -0.78 1.34 0.69 0.41 -1.2 0.22 6.03 3.74 1.9 9.13 -5.58 -16.33 9.64 1.55 1.17 1.48 -9.33 -10.7 -1 -0.32 -0.62 -0.19 3.99 1.46 -5.57 2.58 -1.14 0.17 -5.38 1.5 2.05 -2.28 -1.59 5.49 -1.38 3.16 -2.87 3.05 3.37 0.41 -0.69 0.45 2.05 0.06 2.08 3.43 -1.39 0.35 0.77 Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06 Aug-06 Sep-06 Oct-06 Nov-06 Dec-06 Jan-07 Feb-07 Mar-07 Apr-07 May-07 Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 8.92 0.59 4.84 0.78 -4.34 -0.74 -3.04 2.14 0.83 5.73 2.41 1.45 1.01 -0.18 0.53 1.08 2.46 -0.83 -5.43 0.38 1.05 0.30 -8.35 -1.18 -5.00 -2.64 -0.92 1.56 3.66 -9.52 2.40 2.71 -9.77 -20.93 - 14.70 4.68 -3.55 -11.37 12.80 21.16 11.08 4.24 8.93 3.39 0.04 1.83 1.09 -3.14 0.05 -0.38 2.45 2.25 3.64 2.13 1.27 1.84 -1.58 1.11 3.93 3.65 -1.56 -3.33 1.34 3.54 2.12 -4.49 -0.6 -6.15 -2.96 -0.76 4.78 2.04 -8.27 -0.62 1.66 -9.09 -17.15 -7.83 1.74 -8.12 -10.09 8.97 10.19 5.21 0.44 7.73 0.35 0.34 0.37 0.36 0.43 0.4 0.4 0.42 0.41 0.41 0.42 0.4 0.44 0.38 0.43 0.44 0.41 0.4 0.4 0.42 0.32 0.32 0.34 0.27 0.21 0.13 0.17 0.18 0.18 0.17 0.15 0.13 0.15 0.08 0.03 0 0 0.01 0.02 0.01 0 0.01 0.01 5.42 -0.4 3.45 -1.43 -2.98 -0.38 -3.99 1.01 -1.34 1.72 0.72 -1.13 0.14 1.18 0.15 -2.17 0.23 0.76 -2.61 -0.14 -2.22 0.12 -2.93 0.16 -0.98 -0.41 0.77 -1.72 2.95 1.24 2.56 3.5 -1.24 -2.52 -2.87 3.49 0.18 0.13 0 5.28 -2.52 2.66 1.87 1.09 -0.37 0.55 2.34 2.39 0.8 2.62 -2.04 0.06 -0.26 0.11 2.71 -0.7 -0.12 -0.94 -1.43 -0.62 -1.07 -3.73 -1.89 -2.23 -3.11 -0.94 -0.52 4.01 -0.84 0.35 -1.09 -1.53 -2.7 5.27 1.48 5.9 -2.22 -6.3 0.07 -11.11 -6.91 3.34 5.26 0.37 -2.72 4.84 2.53 -1.84 1.26 0.61 -3.7 1.54 -2.13 -3.38 -0.96 -0.2 -1.03 0.79 0.24 -1.35 2.56 -0.24 -0.34 0.51 2.94 0.1 4.63 5.02 0.99 6.63 -7.75 6.1 4.27 -0.31 3.31 12.75 -5.07 -4.03 0.28 7.85 7.17 -5.09 -2.18 4.41 -11.87 -34.3 -12.49 5.48 -5.58 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep 11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 4.55 6.60 -6.45 1.04 7.23 -2.09 3.68 7.79 6.74 -7.39 -7.21 6.02 -7.34 12.01 5.30 3.52 8.58 0.76 4.83 1.89 1.26 -2.31 -1.85 -2.43 -9.91 -11.04 13.62 -2.04 0.61 9.13 2.28 3.51 -2.00 -7.47 4.34 -1.43 2.21 5.03 -2.58 -0.53 2.96 7.11 0.27 3.34 4.09 -2.59 5.56 2.76 -3.36 3.4 6.32 2.01 -7.88 -5.56 6.94 -4.76 9.55 3.89 0.61 6.83 2 3.5 0.47 2.9 -1.27 -1.75 -2.35 -5.98 -7.59 11.35 -0.28 0.74 5.05 4.42 3.11 -0.85 -6.18 3.89 0.79 2.56 2.74 -1.75 0.79 1.19 5.57 1.29 0.01 0.01 0 0 0.01 0 0 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0 0 0 0 0.01 0 -1.08 2.43 -4.34 -2.39 6.04 0.4 1.19 1.48 4.87 0.09 -1.81 0.24 -2.95 3.96 1.21 3.77 0.67 -2.44 1.47 2.56 -0.32 -0.65 -0.14 -1.29 -3.07 -3.33 3.3 -0.17 -0.6 2.06 -1.86 -0.66 -0.41 0.09 0.64 -2.72 0.48 0.54 -1.17 0.61 1.52 0.31 -0.33 7.63 1.04 -4.2 -0.33 -0.17 0.43 3.22 2.21 2.89 -2.44 -4.7 -0.3 -1.96 -3.17 -2.49 -0.88 3.78 0.77 1.24 -1.88 -2.48 -2 -0.38 -0.91 -2.4 -1.75 0.12 -0.46 1.61 -0.94 0.43 1.12 -0.77 -1.06 0.59 -0.12 -9.07 -4.79 2.61 0.3 3.02 -5.4 3.74 3.76 3.16 -0.25 -2.76 1.83 -0.06 1.41 1.58 2.66 -3.03 -0.29 1.99 3.4 0.04 -0.62 1.78 0.16 -0.28 -2.42 -1.43 3.85 1.81 -7.93 -0.29 1.3 3.75 6.49 -1.06 3.02 -2.37 -1.14 0.14 0.49 -2.86 -1.79 1.29 0 0 0 0 0 1.3 0 0 0.01 0 0 0.01 0.01 0.01 0.01 0.01 0 0 1.58 3.56 -0.83 3.53 0.95 0.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 4.16 -0.78 5.25 0.58 7.09 -2.57 6.43 3.07 5.03 3.22 -1.64 3.99 0.99 -4.11 -0.12 4.20 -5.99 4.04 -5.29 4.49 -0.87 3.78 -4.38 7.26 0.15 -0.95 1.59 -0.04 -3.92 -3.92 -5.53 5.50 4.01 -4.86 -9.33 1.23 8.26 3.20 0.56 -0.61 6.09 2.66 2.60 4.03 1.55 2.8 -1.2 5.65 -2.71 3.77 4.18 3.13 2.81 -3.32 4.65 0.43 -0.19 2.06 2.61 -2.04 4.24 -1.97 2.52 2.55 -0.06 -3.11 6.14 -1.12 0.59 1.36 -1.53 1.54 -6.04 -3.07 7.75 0.56 -2.16 -5.76 -0.06 6.98 0.93 1.79 -0.03 3.97 0.52 0.27 0 0.83 -2.36 1.72 1.32 1.87 0.26 2.9 -1.56 1.29 -0.46 0.92 0.37 -1.87 -4.2 -1.89 3.09 -4.28 0.39 -3.72 4.22 -2.05 2.5 -0.54 0.61 3.07 -3.04 0.92 2.9 -4.2 0.36 -2.63 -1.86 3.6 -2.81 -3.39 0.81 0.75 0.68 -0.19 0.58 2.51 1.17 2.13 -0.23 0.5 2.67 0.05 0.57 -2.68 -1.23 1.26 0.28 -0.01 -2.02 -0.31 4.92 1.14 -0.13 -0.69 0.02 -0.44 -1.35 -1.83 -3.09 2.27 -3.61 -1.87 -0.41 1.83 -1.13 -0.78 -4.07 2.8 0.58 -0.45 -0.39 -2.59 2.07 -0.58 1.1 3.19 -1.65 -1.45 -1.29 3.11 -1.21 1.92 0.22 -2.02 0.52 1.75 0.02 3.07 0.08 0.44 0.02 1.71 2.07 -3.29 -3.89 0.88 0.69 -0.14 0.82 0.5 -0.06 0.68 1.12 3.85 -2.79 2.74 -7.27 5.83 3.02 10.06 -2.09 5.24 -3.27 2.28 3.36 1.39 -4.27 -5.04 -6.08 1.37 4.14 -3.32 -3.49 0.15 0 0 0 0 0 0 0 0 0 0 0 0.01 0.01 0.02 0.02 0.01 0.01 0.02 0.02 0.02 0.02 10 31 2.66 0.02 0.01 0.03 0.04 4.41 5.67 0.09 -1.13 412 821 3.6 -2.74 LEO Oct-16 Nov.16 Dec-16 Jan 17 Feb-17 Mar-17 Apr-17 May-17 un-12 1.50 0.04 2.04 0.6 -4.63 -0.25 -0.94 -16 -103 0.48 1.5 -0.09 162 3.29 -132 13 4.87 1.85 1.98 3.61 0.2 1.14 1.12 0.84 1.94 0.25 2.6 2.34 3.2 1.15 5.69 3.54 -2-23 0.43 046 -322 4.28 -0.51 2.05 9.92 0.35 287 -0.37 232 -4.09 113 0.72 -2.52 2.23 -1.46 -1.65 4.45 -1.93 -0.56 -1.32 -3.18 0.26 4.06 1.1 SEO 0.03 0.05 0.06 0.06 0.07 0.09 0.09 0.09 0.08 0.09 011 0.11 012 0.14 0.14 0.14 016 0.16 015 019 0.18 019 021 0.87 1.55 4.05 3.56 -1.13 0.36 -3.33 -2.13 -3.75 1.49 -0.22 2.07 3.09 0.22 -0.05 0.03 -1.36 -1.03 0.23 0.48 3 13 -233 0.45 -3.98 -17 3.43 0.26 -19 -0.44 2.68 4.05 2.17 -2.37 2.79 TES Aue-17 Sep 17 Oct 17 Nov.17 Dec 17 Jan-18 Feb 18 Mar 18 Apr-18 May 18 un-18 Jul-18 Aug 18 Sep-18 Oct-18 Nov.18 Dec 18 Jan 19 Feb-19 Mar 19 Apr 19 May 19 Jun-19 Jul 19 Aug-19 Sep-19 Oct-19 Nov 19 Dec-19 Jan-20 Feb-20 Mar 20 Apr-20 187 - 0.83 6.50 0.10 0.29 3.12 -301 - 1103 0.04 -13.50 13.07 5.39 -168 2.74 -8.71 0.62 3.35 3.6 0.21 -7,49 1.87 9.36 8.62 1.13 -2.25 1.14 -2.3 -4.82 -0.68 -242 2.9 2.04 -2.98 -2.33 -1.43 5.28 003 -206 -1.41 2.12 -8.65 0.85 216 3.58 0.36 1.29 4.17 -6.73 -1.74 195 7.51 0.71 1.38 -134 0.25 -1.94 -2.32 -0.97 7.56 -2.23 2.9 7.47 5.81 -108 -635 2.59 0.25 2.80 524 -157 0.19 0.21 0.21 0.38 019 0.16 0.18 0.15 0.12 0.14 013 0.12 0.12 0 0.28 1.61 2.21 3.99 2.91 0.02 8.01 -13.26 13.65 0.19 0.8 0.72 -3.13 1.03 -4.89 2.47 0.42 495 6.83 -1.93 2.02 1.79 -6.24 3.79 14.02 -1.18 -26) -188 603 0.36 8.16 -5.39 21.66 16 62 5.59 2.47 4.8 -2.04 -153 2.45 2.69 -2.28 -0.26 0.02 441 5.65 0.35 -0.78 7,63 041 3.18 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct 20 Nov-20 Dec 20 Jan 21 Feb 21 Mar 21 Apr 21 May 21 Jun-21 Jul-21 Aug 21 Sep 21 412 6.82 7.04 4.75 5.00 -4.39 1.45 20.79 9.70 10.66 10.44 2.72 0.22 185 157 4.40 2.46 -29 2.62 4.16 213 -143 2.99 0.01 0.01 0.01 001 0.01 0.01 0.01 001 0 0 0 0 0 0 0 0 0 5.78 7.64 -3.62 2.09 12:48 4.64 0.03 2.78 3.08 4.93 0.29 2.75 1.27 2.9 4.37 7.12 203 718 E -2.41 -3.11 -0.28 1.8 -3.96 0.48 OR 7.41 -0.93 7.04 -7.76 -1.75 -12.45 -2.26 4.52 -793 6.11 1.14 0.88 2.24 -2.29 2.52 1.57 1 5.09