can you review this paper

1. Compare and contrast the findings for the two companies that you analyzed. Your final cumulative report must not exceed four (4) pages in length, double spaced in a 12-point font. You are to submit it along with the cumulative Excel workbook containing all of your supporting calculations for the above work.

Goldman Sachs (GS) - From Yahoo! Finance Data Sources http://finance.yahoo.com/ Date Close GS Return GS-RF Mk-RF* SMB* HML* Risk Free* 1/3/2017 244.3 12/1/2016 239.45 11/1/2016 219.28999 23.030738 23.020738 4.53 4.62 6.38 0.01 10/3/2016 178.24001 10.522726 10.502726 -2.06 -3.65 2.82 0.02 9/1/2016 161.27 -4.8330005 -4.853001 0.34 1.64 -1.09 0.02 8/1/2016 169.46001 6.7061326 6.6861326 0.43 0.99 1.65 0.02 7/1/2016 158.81 6.8851769 6.8651769 3.91 2.33 -2.92 0.02 6/1/2016 148.58 -6.8347092 -6.854709 -0.1 0.35 -0.06 0.02 5/2/2016 159.48 -2.8212814 -2.831281 1.39 -0.02 -2.53 0.01 4/1/2016 164.11 4.5419832 4.5319832 1.12 2.27 3.74 0.01 3/1/2016 156.98 4.9822758 4.9622758 7 1.04 2.12 0.02 2/1/2016 149.53 -7.4461495 -7.46615 0.26 1.11 0.91 0.02 1/4/2016 161.56 -10.358985 -10.36898 -5.71 -3.64 3.74 0.01 12/1/2015 180.23 -5.1520934 -5.162093 -2.45 -2.69 -2.17 0.01 11/2/2015 190.02 1.3440021 1.3440021 0.44 2.64 -0.95 0 10/1/2015 187.5 7.9074617 7.9074617 7.55 -2.12 0.63 0 9/1/2015 173.76 -7.8685104 -7.86851 -3.34 -3.1 0.63 0 8/3/2015 188.60001 -8.0314041 -8.031404 -5.91 0.11 2.92 0 7/1/2015 205.07001 -1.7816879 -1.781688 1.07 -4.24 -4.94 0 6/1/2015 208.78999 1.2609685 1.2609685 -1.72 2.52 -1.28 0 5/1/2015 206.19 4.9740373 4.9740373 0.99 0.88 -2.18 0 4/1/2015 196.42 4.4953966 4.4953966 1.13 -2.44 3.39 0 3/2/2015 187.97 -0.9589505 -0.95895 -1.21 2.43 -1.04 0 2/2/2015 189.78999 10.080615 10.080615 6.15 0.91 -1.35 0 1/2/2015 172.41 -11.05092 -11.05092 -3.47 -1.07 -4.04 0 12/1/2014 193.83 2.8767039 2.8767039 -0.21 1.73 0.8 0 11/3/2014 188.41 -0.8316232 -0.831623 2.23 -2.15 -3.05 0 10/1/2014 189.99001 3.4973023 3.4973023 2.03 2.46 -3.39 0 9/2/2014 183.57001 2.4900932 2.4900932 -2.44 -3.6 -2.78 0 8/1/2014 179.11 3.6096524 3.6096524 4.06 0.35 -1.07 0 7/1/2014 172.87 3.2429485 3.2429485 -2.05 -4 -0.07 0 6/2/2014 167.44 4.7744222 4.7744222 2.8 3.15 0.38 0 5/1/2014 159.81 -0.0062627 -0.006263 1.98 -1.92 -0.53 0 4/1/2014 159.82001 -2.459566 -2.459566 0.27 -3.45 1.58 0 3/3/2014 163.85001 -1.5620253 -1.562025 0.63 -1.48 4.62 0 2/3/2014 166.45 1.4196942 1.4196942 4.73 0.28 -0.52 0 1/2/2014 164.12 -7.4128401 -7.41284 -3.44 1.04 -1.46 0 12/2/2013 177.26 4.9248212 4.9248212 2.64 -0.48 -0.11 0 11/1/2013 168.94 5.023002 5.023002 2.78 0.74 -0.43 0 10/1/2013 160.86 1.6749851 1.6749851 4.12 -1.72 0.53 0 9/3/2013 158.21001 3.9965831 3.9965831 3.81 2.12 -1.16 0 8/1/2013 152.13001 -7.2547669 -7.254767 -2.53 0.49 -2.1 0 7/1/2013 164.03 8.4495861 8.4495861 5.67 1.8 0.12 0 6/3/2013 151.25 -6.6818866 -6.681887 -1.52 0.82 0.58 0 5/1/2013 162.08 10.960494 10.960494 2.52 1.42 1.26 0 4/1/2013 146.07001 3/1/2013 147.14999 2/1/2013 149.76 1/2/2013 147.86 12/3/2012 127.56 11/1/2012 117.79 10/1/2012 122.39 9/4/2012 113.68 8/1/2012 105.72 7/2/2012 100.9 6/1/2012 95.860001 5/1/2012 95.699997 4/2/2012 115.15 3/1/2012 124.37 2/1/2012 115.14 1/3/2012 111.47 12/1/2011 90.43 11/1/2011 95.860001 10/3/2011 109.55 9/1/2011 94.550003 8/1/2011 116.22 7/1/2011 134.97 6/1/2011 133.09 5/2/2011 140.73 4/1/2011 151.01 3/1/2011 158.60001 2/1/2011 163.78 1/3/2011 163.62 12/1/2010 168.16 11/1/2010 156.14 10/1/2010 161.13001 9/1/2010 144.58 8/2/2010 136.92999 7/1/2010 150.82001 6/1/2010 131.27 5/3/2010 144.26 4/1/2010 145.2 3/1/2010 170.63001 2/1/2010 156.35001 1/4/2010 148.72 12/1/2009 168.84 11/2/2009 169.66 10/1/2009 170.17 9/1/2009 184.35001 8/3/2009 165.46001 7/1/2009 163.3 6/1/2009 147.44 5/1/2009 144.57001 -0.7339361 -0.733936 -1.7427892 -1.742789 1.2849953 1.2849953 15.914082 15.914082 8.2944197 8.2844197 -3.7584754 -3.768475 7.661857 7.651857 7.5293217 7.5193217 4.7770059 4.7670059 5.2576684 5.2576684 0.1671933 0.1671933 -16.891016 -16.90102 -7.413364 -7.413364 8.0163315 8.0163315 3.2923638 3.2923638 23.266616 23.266616 -5.6645117 -5.664512 -12.496578 -12.49658 15.864621 15.864621 -18.64567 -18.64567 -13.891976 -13.90198 1.4125818 1.4125818 -5.4288355 -5.428836 -6.8074958 -6.807496 -4.785631 -4.785631 -3.1627751 -3.172775 0.09779 0.08779 -2.699815 -2.709815 7.6982228 7.6882228 -3.0968819 -3.106882 11.446952 11.436952 5.586803 5.576803 -9.2096627 -9.219663 14.892971 14.882971 -9.0045691 -9.014569 -0.6473843 -0.657384 -14.903597 -14.9136 9.1333537 9.1233537 5.1304498 5.1304498 -11.916605 -11.9166 -0.4833243 -0.493324 -0.2996968 -0.299697 -7.6918945 -7.691895 11.416656 11.406656 1.3227213 1.3127213 10.756919 10.746919 1.9851939 1.9751939 12.505842 12.505842 1.27 3.71 0.96 5.33 1.29 0.66 -1.63 2.8 2.75 1.03 3.73 -6.69 -0.64 2.4 4.33 5.26 0.34 -0.49 11.54 -8.55 -5.91 -2.28 -1.86 -1.46 2.78 0.42 4 1.95 6.87 0.81 3.89 9.46 -4.45 6.95 -5.51 -7.85 1.94 6.29 3.71 -3.63 3.03 5.74 -2.78 4.51 3.21 8.09 -0.22 6.67 -2.81 0.68 -0.98 0.18 1.71 0.05 -0.63 1.04 0.89 -2.33 0.52 -0.6 -1 -1.47 -1.53 2.29 -0.67 -0.76 3.46 -4.06 -2.85 -0.82 -0.8 -1.03 0 2.24 2.02 -2.27 1.18 3.97 0.75 3.77 -1.61 -0.02 -0.94 0.79 3.74 1.45 0.95 0.76 5.24 -2.37 -3.23 2.9 -0.69 1.19 2.09 -1.42 0.1 -0.48 0.05 1.71 3.2 -0.77 3.24 0.71 0.39 0.71 0.48 0.64 -0.29 0.87 0.29 -3.21 2.88 -0.22 -0.19 -0.23 -1.81 -1.76 -0.1 -1.59 -2.15 -1.73 0.46 1.4 3.23 -0.04 -1.34 -1.67 -2.44 0.85 -4 -2.26 2.05 1.49 2.32 0.73 0.54 -0.09 -2.51 1.41 5.79 5.16 -3.08 -0.25 0 0 0 0 0.01 0.01 0.01 0.01 0.01 0 0 0.01 0 0 0 0 0 0 0 0 0.01 0 0 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 0.01 0 0 0.01 0.01 0.01 0.01 0 4/1/2009 128.5 3/2/2009 106.02 2/2/2009 91.080002 1/2/2009 80.730003 12/1/2008 84.389999 11/3/2008 78.989998 10/1/2008 92.5 9/2/2008 128 8/1/2008 163.97 7/1/2008 184.03999 6/2/2008 174.89999 5/1/2008 176.41 4/1/2008 191.37 3/3/2008 165.39 2/1/2008 169.63001 1/2/2008 199.55 12/3/2007 215.05 11/1/2007 226.64 10/1/2007 247.92 9/4/2007 216.74001 8/1/2007 176.01 7/2/2007 188.34 6/1/2007 216.75 5/1/2007 230.82001 4/2/2007 218.61 3/1/2007 206.63001 2/1/2007 201.75 1/3/2007 200.6 12/1/2007 195.7 11/1/2007 191 10/2/2007 168.51 21.20355 21.19355 16.403156 16.383156 12.820511 12.810511 -4.3370021 -4.337002 6.8363098 6.8363098 -14.605408 -14.63541 -27.734375 -27.81438 -21.93694 -22.08694 -10.905234 -11.03523 5.2258429 5.0758429 -0.8559662 -1.025966 -7.8173127 -7.997313 15.708323 15.528323 -2.4995613 -2.669561 -14.993735 -15.12373 -7.207626 -7.417626 -5.1138352 -5.383835 -8.5834137 -8.923414 14.385897 14.065897 23.140737 22.820737 -6.5466716 -6.966672 -13.107268 -13.50727 -6.0956618 -6.495662 5.5852916 5.1752916 5.7978008 5.3578008 2.4188377 1.9888377 0.5732802 0.1932802 2.5038324 2.0638324 2.460733 2.060733 13.346389 12.926389 10.45 8.81 -9.87 -7.51 1.49 -7.72 -18.42 -9.91 0.99 -1.54 -7.87 2.41 4.72 -1.26 -2.24 -6.38 -0.56 -5.43 2.32 3.82 0.67 -3.42 -1.73 3.68 3.86 0.9 -1.75 1.24 0.65 1.74 5.25 0.13 0 -0.29 5 -3.98 -3.85 -1.27 1.86 2.22 1.13 3.03 -2.05 -0.31 0.47 -1.6 0.74 -3.76 1.18 -1.31 -1.2 -2.3 0.59 -0.21 -1.5 -0.07 1.57 -0.04 -0.88 -0.02 4.18 0.97 -5.47 -7.39 -1.89 -3.16 -0.63 3.89 1.29 1.64 -2.86 -2.86 0.02 0.35 -0.42 4.69 -0.66 -0.83 -3.94 -2.14 -0.98 -2.91 -0.65 0.5 -1.08 0.4 0.45 -0.72 2.64 0.2 0.01 0.02 0.01 0 0 0.03 0.08 0.15 0.13 0.15 0.17 0.18 0.18 0.17 0.13 0.21 0.27 0.34 0.32 0.32 0.42 0.4 0.4 0.41 0.44 0.43 0.38 0.44 0.4 0.42 GS-RF Mean Standard Error Median Mode Standard Deviation Sample Variance Kurtosis Skewness Range Minimum Maximum Sum Count MK-RF 0.5973724635 Mean 0.8540010023 Standard Error 1.2849952571 Median #N/A Mode 9.3940110249 Standard Deviation 88.247443136 Sample Variance 0.3041351717 Kurtosis -0.0445836361 Skewness 51.080991167 Range -27.814375 Minimum 23.266616167 Maximum 72.282068089 Sum 121 Count SMB HML 0.6142975 Mean 0.0493388 Mean 0.4178818 Standard Er0.1960753 Standard Error 0.99 Median 0.11 Median 0.34 Mode -0.02 Mode 4.5966999 Standard D2.1568286 Standard Deviation 21.12965 Sample Var4.6519096 Sample Variance 1.8536752 Kurtosis -0.286312 Kurtosis -0.714945 Skewness 0.0764236 Skewness 29.96 Range 9.49 Range -18.42 Minimum -4.24 Minimum 11.54 Maximum 5.25 Maximum 74.33 Sum 5.97 Sum 121 Count 121 Count -0.093388 0.2123671 -0.09 3.74 2.3360382 5.4570743 0.6416237 0.1271912 13.77 -7.39 6.38 -11.3 121 Mk-RF* Independent Variable x GS-RF Dependent Variable y 4.53 23.0207376843 -2.06 10.5027262225 0.34 -4.8530005085 0.43 6.6861325698 3.91 6.8651769163 -0.1 -6.8547092259 1.39 -2.8312814404 1.12 4.5319831709 7 4.9622758308 0.26 -7.4661495104 -5.71 -10.3689848607 -2.45 -5.1620933554 0.44 1.3440021333 7.55 7.9074616686 -3.34 -7.8685103541 -5.91 -8.0314041243 1.07 -1.78168788 -1.72 1.2609685119 0.99 4.9740373177 1.13 4.4953965819 -1.21 -0.9589504543 6.15 10.0806151597 -3.47 -11.0509197642 -0.21 2.8767039355 2.23 -0.8316232214 2.03 3.4973022581 -2.44 2.4900932249 4.06 3.6096524443 -2.05 3.2429484801 2.8 4.774422186 1.98 -0.0062626702 0.27 -2.4595659765 0.63 -1.562025261 4.73 1.4196941695 -3.44 -7.4128401053 2.64 4.92482118 2.78 5.0230019581 4.12 1.6749850722 3.81 3.9965830541 -2.53 -7.2547668552 5.67 -1.52 2.52 1.27 3.71 0.96 5.33 1.29 0.66 -1.63 2.8 2.75 1.03 3.73 -6.69 -0.64 2.4 4.33 5.26 0.34 -0.49 11.54 -8.55 -5.91 -2.28 -1.86 -1.46 2.78 0.42 4 1.95 6.87 0.81 3.89 9.46 -4.45 6.95 -5.51 -7.85 1.94 6.29 3.71 -3.63 8.4495861157 -6.6818866402 10.9604944429 -0.7339361495 -1.7427891875 1.2849952571 15.9140822501 8.2844196596 -3.7684753963 7.6518569669 7.5193217222 4.7670058518 5.25766842 0.1671933177 -16.9010157726 -7.4133639765 8.0163314922 3.2923638352 23.2666161672 -5.6645117289 -12.496578389 15.8646213898 -18.6456701201 -13.9019758917 1.4125817541 -5.4288355128 -6.8074957555 -4.7856309665 -3.1727750834 0.0877900042 -2.7098149929 7.6882227981 -3.1068819246 11.4369517022 5.5768030315 -9.2196627472 14.882970522 -9.0145691461 -0.6573843109 -14.9135968205 9.1233536629 5.1304498041 -11.9166047599 3.03 5.74 -2.78 4.51 3.21 8.09 -0.22 6.67 10.45 8.81 -9.87 -7.51 1.49 -7.72 -18.42 -9.91 0.99 -1.54 -7.87 2.41 4.72 -1.26 -2.24 -6.38 -0.56 -5.43 2.32 3.82 0.67 -3.42 -1.73 3.68 3.86 0.9 -1.75 1.24 0.65 1.74 -0.4933242843 -0.2996967773 -7.691894515 11.4066555064 1.3127213474 10.7469186007 1.9751939275 12.5058420233 21.1935499303 16.3831562055 12.8105111054 -4.3370020658 6.8363098325 -14.6354075676 -27.814375 -22.0869401602 -11.0352340596 5.0758429466 -1.0259661957 -7.9973127402 15.5283234519 -2.6695613247 -15.1237346781 -7.4176260329 -5.3838351796 -8.9234136704 14.0658965953 22.8207369792 -6.9666715843 -13.5072682814 -6.4956618028 5.1752915897 5.3578007599 1.9888376704 0.1932801595 2.0638323965 2.0607329843 12.9263889383 CAPM Model Linear Regression (GS-RF) = -0.289 + 1.443 (Mk-RF*) Correlation Coefficient, r = 0.706 Coefficient of Determination, R-squared = 0.498 Adjusted R-squared = 0.493 Residual Sum of Squares, RSS = 5308.13 R-squared = 0.498 suggests that 49.8% of variation in company's excess return is determined by or due to market's excess retu Residuals = Observed Value - Predicted value We observe that there is a random pattern of residuals which supports a linear model. Sum of the residuals is always zero. due to market's excess return. Mk-RF* x1 SMB* HML* Independent Variables x2 x3 4.53 4.62 -2.06 -3.65 0.34 1.64 0.43 0.99 3.91 2.33 -0.1 0.35 1.39 -0.02 1.12 2.27 7 1.04 0.26 1.11 -5.71 -3.64 -2.45 -2.69 0.44 2.64 7.55 -2.12 -3.34 -3.1 -5.91 0.11 1.07 -4.24 -1.72 2.52 0.99 0.88 1.13 -2.44 -1.21 2.43 6.15 0.91 -3.47 -1.07 -0.21 1.73 2.23 -2.15 2.03 2.46 -2.44 -3.6 4.06 0.35 -2.05 -4 2.8 3.15 1.98 -1.92 0.27 -3.45 0.63 -1.48 4.73 0.28 -3.44 1.04 2.64 -0.48 2.78 0.74 4.12 -1.72 3.81 2.12 -2.53 0.49 5.67 1.8 -1.52 0.82 2.52 1.42 GS-RF Dependent Variable y 6.38 23.0207376843 2.82 10.5027262225 -1.09 -4.8530005085 1.65 6.6861325698 -2.92 6.8651769163 -0.06 -6.8547092259 -2.53 -2.8312814404 3.74 4.5319831709 2.12 4.9622758308 0.91 -7.4661495104 3.74 -10.3689848607 -2.17 -5.1620933554 -0.95 1.3440021333 0.63 7.9074616686 0.63 -7.8685103541 2.92 -8.0314041243 -4.94 -1.78168788 -1.28 1.2609685119 -2.18 4.9740373177 3.39 4.4953965819 -1.04 -0.9589504543 -1.35 10.0806151597 -4.04 -11.0509197642 0.8 2.8767039355 -3.05 -0.8316232214 -3.39 3.4973022581 -2.78 2.4900932249 -1.07 3.6096524443 -0.07 3.2429484801 0.38 4.774422186 -0.53 -0.0062626702 1.58 -2.4595659765 4.62 -1.562025261 -0.52 1.4196941695 -1.46 -7.4128401053 -0.11 4.92482118 -0.43 5.0230019581 0.53 1.6749850722 -1.16 3.9965830541 -2.1 -7.2547668552 0.12 8.4495861157 0.58 -6.6818866402 1.26 10.9604944429 1.27 3.71 0.96 5.33 1.29 0.66 -1.63 2.8 2.75 1.03 3.73 -6.69 -0.64 2.4 4.33 5.26 0.34 -0.49 11.54 -8.55 -5.91 -2.28 -1.86 -1.46 2.78 0.42 4 1.95 6.87 0.81 3.89 9.46 -4.45 6.95 -5.51 -7.85 1.94 6.29 3.71 -3.63 3.03 5.74 -2.78 4.51 3.21 8.09 -2.81 0.68 -0.98 0.18 1.71 0.05 -0.63 1.04 0.89 -2.33 0.52 -0.6 -1 -1.47 -1.53 2.29 -0.67 -0.76 3.46 -4.06 -2.85 -0.82 -0.8 -1.03 0 2.24 2.02 -2.27 1.18 3.97 0.75 3.77 -1.61 -0.02 -0.94 0.79 3.74 1.45 0.95 0.76 5.24 -2.37 -3.23 2.9 -0.69 1.19 0.1 -0.48 0.05 1.71 3.2 -0.77 3.24 0.71 0.39 0.71 0.48 0.64 -0.29 0.87 0.29 -3.21 2.88 -0.22 -0.19 -0.23 -1.81 -1.76 -0.1 -1.59 -2.15 -1.73 0.46 1.4 3.23 -0.04 -1.34 -1.67 -2.44 0.85 -4 -2.26 2.05 1.49 2.32 0.73 0.54 -0.09 -2.51 1.41 5.79 5.16 -0.7339361495 -1.7427891875 1.2849952571 15.9140822501 8.2844196596 -3.7684753963 7.6518569669 7.5193217222 4.7670058518 5.25766842 0.1671933177 -16.9010157726 -7.4133639765 8.0163314922 3.2923638352 23.2666161672 -5.6645117289 -12.496578389 15.8646213898 -18.6456701201 -13.9019758917 1.4125817541 -5.4288355128 -6.8074957555 -4.7856309665 -3.1727750834 0.0877900042 -2.7098149929 7.6882227981 -3.1068819246 11.4369517022 5.5768030315 -9.2196627472 14.882970522 -9.0145691461 -0.6573843109 -14.9135968205 9.1233536629 5.1304498041 -11.9166047599 -0.4933242843 -0.2996967773 -7.691894515 11.4066555064 1.3127213474 10.7469186007 -0.22 6.67 10.45 8.81 -9.87 -7.51 1.49 -7.72 -18.42 -9.91 0.99 -1.54 -7.87 2.41 4.72 -1.26 -2.24 -6.38 -0.56 -5.43 2.32 3.82 0.67 -3.42 -1.73 3.68 3.86 0.9 -1.75 1.24 0.65 1.74 2.09 -1.42 5.25 0.13 0 -0.29 5 -3.98 -3.85 -1.27 1.86 2.22 1.13 3.03 -2.05 -0.31 0.47 -1.6 0.74 -3.76 1.18 -1.31 -1.2 -2.3 0.59 -0.21 -1.5 -0.07 1.57 -0.04 -0.88 -0.02 -3.08 -0.25 4.18 0.97 -5.47 -7.39 -1.89 -3.16 -0.63 3.89 1.29 1.64 -2.86 -2.86 0.02 0.35 -0.42 4.69 -0.66 -0.83 -3.94 -2.14 -0.98 -2.91 -0.65 0.5 -1.08 0.4 0.45 -0.72 2.64 0.2 1.9751939275 12.5058420233 21.1935499303 16.3831562055 12.8105111054 -4.3370020658 6.8363098325 -14.6354075676 -27.814375 -22.0869401602 -11.0352340596 5.0758429466 -1.0259661957 -7.9973127402 15.5283234519 -2.6695613247 -15.1237346781 -7.4176260329 -5.3838351796 -8.9234136704 14.0658965953 22.8207369792 -6.9666715843 -13.5072682814 -6.4956618028 5.1752915897 5.3578007599 1.9888376704 0.1932801595 2.0638323965 2.0607329843 12.9263889383 Fama-French Model Multiple Regression (GS-RF) = -0.284 + 1.398 (Mk-RF*) + 0.2875 (SMB) - 0.091 (HML) Coefficient of Determination, R-squared = 0.502 Adjusted R-squared = 0.489 Residual Sum of Squares, RSS = 5264.56 Residuals Correlation table Mk-RF* SMB* HML* x1 x2 x3 4.53 -2.06 0.34 0.43 3.91 -0.1 1.39 1.12 7 0.26 -5.71 -2.45 0.44 7.55 -3.34 -5.91 1.07 -1.72 0.99 1.13 -1.21 6.15 -3.47 -0.21 2.23 2.03 -2.44 4.06 -2.05 2.8 1.98 0.27 0.63 4.73 -3.44 2.64 2.78 4.12 3.81 -2.53 4.62 -3.65 1.64 0.99 2.33 0.35 -0.02 2.27 1.04 1.11 -3.64 -2.69 2.64 -2.12 -3.1 0.11 -4.24 2.52 0.88 -2.44 2.43 0.91 -1.07 1.73 -2.15 2.46 -3.6 0.35 -4 3.15 -1.92 -3.45 -1.48 0.28 1.04 -0.48 0.74 -1.72 2.12 0.49 6.38 2.82 -1.09 1.65 -2.92 -0.06 -2.53 3.74 2.12 0.91 3.74 -2.17 -0.95 0.63 0.63 2.92 -4.94 -1.28 -2.18 3.39 -1.04 -1.35 -4.04 0.8 -3.05 -3.39 -2.78 -1.07 -0.07 0.38 -0.53 1.58 4.62 -0.52 -1.46 -0.11 -0.43 0.53 -1.16 -2.1 Correlation matrix: 5.67 -1.52 2.52 1.27 3.71 0.96 5.33 1.29 0.66 -1.63 2.8 2.75 1.03 3.73 -6.69 -0.64 2.4 4.33 5.26 0.34 -0.49 11.54 -8.55 -5.91 -2.28 -1.86 -1.46 2.78 0.42 4 1.95 6.87 0.81 3.89 9.46 -4.45 6.95 -5.51 -7.85 1.94 6.29 3.71 -3.63 3.03 5.74 -2.78 1.8 0.82 1.42 -2.81 0.68 -0.98 0.18 1.71 0.05 -0.63 1.04 0.89 -2.33 0.52 -0.6 -1 -1.47 -1.53 2.29 -0.67 -0.76 3.46 -4.06 -2.85 -0.82 -0.8 -1.03 0 2.24 2.02 -2.27 1.18 3.97 0.75 3.77 -1.61 -0.02 -0.94 0.79 3.74 1.45 0.95 0.76 5.24 -2.37 -3.23 0.12 0.58 1.26 0.1 -0.48 0.05 1.71 3.2 -0.77 3.24 0.71 0.39 0.71 0.48 0.64 -0.29 0.87 0.29 -3.21 2.88 -0.22 -0.19 -0.23 -1.81 -1.76 -0.1 -1.59 -2.15 -1.73 0.46 1.4 3.23 -0.04 -1.34 -1.67 -2.44 0.85 -4 -2.26 2.05 1.49 2.32 0.73 0.54 -0.09 -2.51 4.51 3.21 8.09 -0.22 6.67 10.45 8.81 -9.87 -7.51 1.49 -7.72 -18.42 -9.91 0.99 -1.54 -7.87 2.41 4.72 -1.26 -2.24 -6.38 -0.56 -5.43 2.32 3.82 0.67 -3.42 -1.73 3.68 3.86 0.9 -1.75 1.24 0.65 1.74 2.9 -0.69 1.19 2.09 -1.42 5.25 0.13 0 -0.29 5 -3.98 -3.85 -1.27 1.86 2.22 1.13 3.03 -2.05 -0.31 0.47 -1.6 0.74 -3.76 1.18 -1.31 -1.2 -2.3 0.59 -0.21 -1.5 -0.07 1.57 -0.04 -0.88 -0.02 1.41 5.79 5.16 -3.08 -0.25 4.18 0.97 -5.47 -7.39 -1.89 -3.16 -0.63 3.89 1.29 1.64 -2.86 -2.86 0.02 0.35 -0.42 4.69 -0.66 -0.83 -3.94 -2.14 -0.98 -2.91 -0.65 0.5 -1.08 0.4 0.45 -0.72 2.64 0.2 Correlation matrix: General Mills - From Yahoo! Finance Monthly series from July 1990 through December 2016 for models estimated from July 1990 through December 2016 Data Sources http://finance.yahoo.com/ Note: The price and volume data are closing figures for the last trading day of the month. Think "mm//yy" and ignore the " Date 12/1/2016 11/1/2016 10/3/2016 9/1/2016 8/1/2016 7/1/2016 6/1/2016 5/2/2016 4/1/2016 3/1/2016 2/1/2016 1/4/2016 12/1/2015 11/2/2015 10/1/2015 9/1/2015 8/3/2015 7/1/2015 6/1/2015 5/1/2015 4/1/2015 3/2/2015 2/2/2015 1/2/2015 12/1/2014 11/3/2014 10/1/2014 9/2/2014 8/1/2014 7/1/2014 6/2/2014 5/1/2014 4/1/2014 3/3/2014 2/3/2014 1/2/2014 12/2/2013 11/1/2013 Open 60.92 62.16 63.76 70.67 71.98 71.19 62.77 61.59 62.9 59.25 56.56 56.84 58.2 58.18 55.89 55.85 58.29 55.12 56.32 55.51 56.39 53.61 52.65 53.1 52.53 52 49.71 53.4 50.28 52.18 54.87 53.22 51.65 49.52 48.07 49.6 50.22 50.55 High Low 64.06 63.93 64.02 71.33 72.15 72.95 71.78 65.11 65.49 63.73 60.18 57.91 59.33 58.61 59.36 58.44 59.87 58.53 57.06 57.25 57.73 57.25 53.84 55.59 54.61 53.44 52 53.84 53.65 53.65 55.64 54.98 53.39 52 50.32 49.94 51.96 51.66 Close 60.37 60.55 60.44 63.15 69.23 70.4 62.65 61.21 60.04 58.7 54.84 53.53 56.23 55.73 55.29 55.14 47.5 54.13 54.14 54.94 55.11 51.43 51.9 51.9 51.08 50.43 48.32 49.86 50.24 50.14 51.5 52.45 50.97 49.44 46.7 47.72 48.24 49.2 61.77 60.94 61.98 63.88 70.82 71.89 71.32 62.78 61.34 63.35 58.85 56.51 57.66 57.76 58.11 56.13 56.76 58.21 55.72 56.15 55.34 56.6 53.79 52.48 53.33 52.75 51.96 50.45 53.38 50.15 52.54 54.93 53.02 51.82 50.03 48.02 49.91 50.43 Volume 2769600 3585100 3355100 3897400 3102900 3654600 3935200 2923600 3609200 4315100 3411500 4357600 3670900 2979400 3085200 4724600 3284800 3735400 2818000 2100200 2620500 3872800 2858300 3776200 3137000 2865400 2964200 3674300 2412800 2946400 3288700 2271700 3314700 3565100 3007900 3803700 3253300 2733200 Adj Close 61.29371 60.4701 61.50208 62.90486 69.73892 70.79259 69.76669 61.41269 60.00406 61.52583 57.15541 54.88279 55.56534 55.66171 55.999 53.66364 54.26595 55.65224 52.86676 53.27474 52.50621 53.28035 50.63516 49.40199 49.81466 49.27289 48.53497 46.73947 49.45397 46.46154 48.30217 50.49939 48.74345 47.26353 45.63092 43.79766 45.17447 45.64513 10/1/2013 9/3/2013 8/1/2013 7/1/2013 6/3/2013 5/1/2013 4/1/2013 3/1/2013 2/1/2013 1/2/2013 12/3/2012 11/1/2012 10/1/2012 9/4/2012 8/1/2012 7/2/2012 6/1/2012 5/1/2012 4/2/2012 3/1/2012 2/1/2012 1/3/2012 12/1/2011 11/1/2011 10/3/2011 9/1/2011 8/1/2011 7/1/2011 6/1/2011 5/2/2011 4/1/2011 3/1/2011 2/1/2011 1/3/2011 12/1/2010 11/1/2010 10/1/2010 9/1/2010 8/2/2010 7/1/2010 6/1/2010 5/3/2010 4/1/2010 3/1/2010 2/1/2010 1/4/2010 47.73 49.67 53.03 48.54 47.14 50.45 48.25 46.22 42.31 40.9 41.03 40.17 39.79 39.15 38.79 38.41 38.09 39.06 39.16 38.36 40.16 40.59 39.91 38.11 38.26 37.94 37.91 36.88 39.61 38.68 36.55 37.27 34.93 35.75 35.64 37.7 36.86 36.41 35.03 35.61 71.05 71.58 71.09 71.99 71.83 71.19 51.12 50.36 53.07 52.38 50.02 50.97 50.9 49.37 46.47 42.24 41.88 40.99 40.62 40.76 39.76 39.33 38.96 39.72 39.9 39.59 40.41 41.06 40.8 39.95 40.25 39.88 38.09 38 39.63 40 38.75 37.48 37.45 37.23 36.78 37.7 37.7 37.43 36.2 36.83 75.68 74.45 71.78 73.95 72.48 72.46 47.31 47.5 48.25 48.53 46.18 47.08 48.13 45.51 41.72 40.44 39.75 39.14 39.07 38.78 37.9 37.72 36.75 38.2 38.41 37.91 37.76 39.63 38.52 37.9 37.37 36.54 34.64 36.59 36.55 38.29 35.89 35.03 34.54 34.72 34.96 34.82 36.45 35.52 33.11 33.84 34.95 69.41 68.54 70.27 68.07 69.61 50.42 47.92 49.32 52 48.53 47.08 50.42 49.31 46.25 41.94 40.42 40.99 40.08 39.85 39.33 38.7 38.54 38.28 38.89 39.45 38.31 39.83 40.41 39.95 38.53 38.49 37.91 37.35 37.22 39.77 38.58 36.55 37.14 34.78 35.59 35.33 37.56 36.54 36.16 34.2 35.52 71.23 71.16 70.79 72.01 71.31 2860600 4166100 3177900 2848800 4135200 4008300 3669300 4746200 4344100 3695000 3846400 3904200 3554700 4958000 3973900 4331300 4614200 4155000 3751200 4489400 5988400 3308900 3653400 3591100 4989600 6610700 5729500 4861100 4673400 3699100 4301900 3849300 5116000 5468200 4359800 4848100 3713400 5327700 5800900 6219900 8123200 6608500 5657600 5109400 4651600 5139700 45.63607 43.02984 44.28697 46.69348 43.23985 41.94791 44.92382 43.63736 40.92938 37.1152 35.48631 35.98674 35.18781 34.69954 34.24675 33.69818 33.27519 33.05071 33.57737 33.79913 32.82243 34.1247 34.3623 33.97114 32.76365 32.46722 31.97798 31.5056 31.13922 33.27262 32.27704 30.34391 30.83373 28.87445 29.321 29.1068 30.944 29.8772 29.56649 27.96388 28.82002 28.89711 28.86871 28.51794 29.00942 28.72743 12/1/2009 11/2/2009 10/1/2009 9/1/2009 8/3/2009 7/1/2009 6/1/2009 5/1/2009 4/1/2009 3/2/2009 2/2/2009 1/2/2009 12/1/2008 11/3/2008 10/1/2008 9/2/2008 8/1/2008 7/1/2008 6/2/2008 5/1/2008 4/1/2008 3/3/2008 2/1/2008 1/2/2008 12/3/2007 11/1/2007 10/1/2007 9/4/2007 8/1/2007 7/2/2007 6/1/2007 5/1/2007 4/2/2007 3/1/2007 2/1/2007 1/3/2007 12/1/2006 11/1/2006 10/2/2006 9/1/2006 8/1/2006 7/3/2006 6/1/2006 5/1/2006 4/3/2006 3/1/2006 68.48 66.16 64.36 59.61 59.3 57.36 51.51 51.02 49.48 51.65 58.51 60.93 61.92 67.67 68.33 66.3 64.9 60.3 63.08 60.47 60.18 56.03 54.52 56.86 59.71 57.53 58.14 56.04 55.32 58.6 61.1 60.05 58 56.2 57.22 57.39 56.2 56.95 56.73 54.25 51.85 51.75 51.77 49.3 50.76 49.2 72.09 69.1 66.92 64.62 60.01 60.64 56.32 54.16 51.88 54.34 60.78 61.7 65.31 69 71 72.01 67.95 65.48 63.91 63.55 62.5 60.43 57.98 57.73 61.4 60.51 58.8 59.67 57.96 59.45 61.52 61.31 60.48 58.89 58.33 57.98 59.23 57.25 56.91 57 54.47 53.01 53.15 52.16 51.05 50.97 67.96 64.48 63.19 57.98 57.09 57.08 50.91 50.3 48.51 46.37 52.1 57.9 57.49 60.38 56 66.23 64.01 60.18 59.83 60.47 58.88 54.4 53.58 51 56.85 55.56 55.52 55.93 54.17 55.16 58.04 59.22 57.51 54.71 54.57 56.08 55.79 55.33 54.7 51.5 51.6 50.77 49.27 48.82 48.56 48.51 70.81 68 65.92 64.38 59.73 58.91 56.02 51.18 50.69 49.88 52.48 59.15 60.75 63.17 67.74 68.72 66.18 64.39 60.77 63.2 60.4 59.88 55.99 54.52 57 60.15 57.73 58.01 55.88 55.62 58.42 61.24 59.9 58.22 56.32 57.24 57.6 55.95 56.82 56.6 54.23 51.9 51.66 51.89 49.34 50.68 4163500 3909400 4751300 6403700 4291600 6586100 6642400 7054400 7231100 1E+007 6767700 7297600 7290100 8495500 1E+007 7548100 5129800 6506400 6454100 4649800 4510400 5667300 4757200 6566400 3943000 6318000 4322300 4741100 5344100 6351200 4427300 3749000 5087500 3911300 3298000 3243800 2803300 3242400 3313300 4347300 2924000 4439700 4841400 3821000 3296700 3329100 28.32818 27.20402 26.3719 25.56928 23.72248 23.39681 22.07441 20.16723 19.97414 19.48863 20.50448 23.11052 23.56219 24.5008 26.2733 26.48234 25.50351 24.81371 23.25438 24.18425 23.1128 22.76333 21.28455 20.72574 21.5198 22.70906 21.79541 21.75257 20.95387 20.85637 21.76057 22.81098 22.31185 21.55001 20.84673 21.18726 21.18204 20.57527 20.89521 20.68442 19.81831 18.96681 18.75191 18.8354 17.90978 18.27296 2/1/2006 1/3/2006 12/1/2005 11/1/2005 10/3/2005 9/1/2005 8/1/2005 7/1/2005 6/1/2005 5/2/2005 4/1/2005 3/1/2005 2/1/2005 1/3/2005 12/1/2004 11/1/2004 10/1/2004 9/1/2004 8/2/2004 7/1/2004 6/1/2004 5/3/2004 4/1/2004 3/1/2004 2/2/2004 1/2/2004 12/1/2003 11/3/2003 10/1/2003 9/2/2003 8/1/2003 7/1/2003 6/2/2003 5/1/2003 4/1/2003 3/3/2003 2/3/2003 1/2/2003 12/2/2002 11/1/2002 10/1/2002 9/3/2002 8/1/2002 7/1/2002 6/3/2002 5/1/2002 48.6 49.52 47.75 48.46 48.2 46.05 47.55 46.96 50.05 49.52 49.19 52.37 52.5 49.74 45.68 44.5 45.05 47.25 44.91 47.1 46.1 48.88 46.68 47 45.35 45.5 45 45.15 47.04 46.34 46.1 47.41 46.9 45.22 45.6 43.32 45 46.95 44.82 41.25 44.54 42.09 41.44 44.45 45.38 44.25 49.75 50.28 50.49 48.98 49.38 48.25 48.09 47.73 51.45 50.21 49.8 52.86 53.54 53.89 49.96 45.9 45.87 47.63 47.27 47.73 48.15 49.17 49.03 48 46.01 46.3 47.42 45.35 47.6 47.73 46.87 48.8 49.66 46.78 46.65 46.9 45.7 48.18 47.25 46.24 45.82 45.19 43.48 44.59 45.63 46.1 47.05 48.03 47.67 47.17 47.57 44.67 45.82 45.49 46.72 48.92 48.05 49.05 50.71 48.44 45.62 43.87 43.01 44.4 44.72 44.79 45.35 45.33 45.81 45.75 44.25 44.95 44.34 43.76 43.75 45.93 45.11 45.81 46.75 43.35 44.8 41.43 42.61 43.94 43 41.02 40 39.85 40.51 37.38 42.18 43.95 49.25 48.61 49.32 47.53 48.26 48.2 46.12 47.4 46.79 49.5 49.4 49.15 52.37 52.99 49.71 45.49 44.25 44.9 47.25 44.9 47.53 46.05 48.75 46.68 45.98 45.43 45.3 45.01 44.85 47.07 46.36 45.87 47.41 46.78 45.11 45.55 42.87 44.93 46.95 44.62 41.32 44.42 42.09 41.45 44.08 45.5 3901100 3128700 3436000 2909200 3996100 3885300 3048500 4497900 4626600 2727300 3128100 3740900 3838700 5544600 3675200 3367400 5498000 2742400 1588800 2529700 4536900 2896000 3018500 3172100 4105100 3347200 3483800 2511400 3600200 2675900 1882800 3284200 3616000 3273200 3171200 3829200 3569000 3611800 2714000 3681100 5186600 2501800 1699200 3318600 3258100 2396300 17.75737 17.52661 17.661 17.02002 17.28143 17.14138 16.40167 16.85687 16.63994 17.6037 17.56813 17.47923 18.62436 18.84485 17.56822 16.07682 15.63858 15.75923 16.58404 15.75923 16.57038 16.05441 16.99571 16.17846 15.93585 15.74523 15.60499 15.50509 15.44997 16.11883 15.87569 15.7079 16.14166 15.92717 15.35858 15.41502 14.50806 15.2052 15.79543 15.01154 13.90132 14.85079 14.07181 13.85784 14.64554 15.11733 4/1/2002 3/1/2002 2/1/2002 1/2/2002 12/3/2001 11/1/2001 10/1/2001 9/4/2001 8/1/2001 7/2/2001 6/1/2001 5/1/2001 4/2/2001 3/1/2001 2/1/2001 1/2/2001 12/1/2000 11/1/2000 10/2/2000 9/1/2000 8/1/2000 7/3/2000 6/1/2000 5/1/2000 4/3/2000 3/1/2000 2/1/2000 1/3/2000 12/1/1999 11/1/1999 10/1/1999 9/1/1999 8/2/1999 7/1/1999 6/1/1999 5/3/1999 4/1/1999 3/1/1999 2/1/1999 1/4/1999 12/1/1998 11/2/1998 10/1/1998 9/1/1998 8/3/1998 7/1/1998 48.85 46.23 49.7 51.73 49.35 45.92 45.26 44.45 44.14 44 42.49 39.75 43.3 44.85 42.15 44 41.125 41.8125 35.375 32.0625 34.5 38.4375 40 36.4375 36.0625 33.0625 31.5625 35.375 37.4375 87 80.75 83.25 82.6875 80.375 80.75 73.375 75.5625 80.4375 84.5 77.75 75.5625 73.5 69.75 65.5 62 68.75 50.4 49.45 49.78 51.73 52.86 51.16 46.25 46.59 45.36 45.21 43.9 43.1 43.43 46.35 45.4 44.8125 45.3125 43.4375 41.9375 36.4375 35.25 39 40.75 41.75 38.4375 36.6875 33.8125 35.5 38.5625 87 87.875 85.1875 86.25 85.625 81.5 81 80.5 81.5 84.5 84.6875 79.6875 76.125 73.75 72 67.125 69.375 41.6 43.8 43.22 47.63 48 45.92 42.5 43.26 42.6 42.9 42.21 39.33 37.26 40.75 41.36 39.94 38.75 39.6875 35 31.375 31.5625 33.3125 37.0625 36 34.9375 30.3125 29.375 30 32.5 37.3125 79.25 80.375 80.625 79.8125 78.625 73.25 72.5 74 80 77.75 73.3125 71.5625 68.3125 64.0625 59.1875 61.9375 44.05 48.85 46.23 49.55 52.01 49.35 45.92 45.5 44.34 43.98 43.78 42.36 39.41 43.01 44.85 41.9 44.5625 41.125 41.75 35.5 32.1406 34.375 38.25 39.6875 36.375 36.1875 32.9375 31.1875 35.75 37.6875 87.1875 81.125 83.75 82.8125 80.375 80.375 73.125 75.5625 80.625 83.9375 77.75 75.5 73.5 70 65.4375 61.9375 4975100 3577900 4984300 2496700 2605900 6956000 4057800 3617100 1501500 1676500 1696700 2373800 2910300 2064500 2104000 2311600 2441000 2522000 2478300 1991400 1860300 3184000 1748900 1938700 2044700 2686800 2590800 2027300 2769300 1814900 1990500 1407600 1258300 1727800 1133100 1934800 2235000 2347600 1987200 2317800 1465600 1452100 2113900 2847700 2340200 3201800 14.63557 16.13961 15.27398 16.37088 17.08789 16.21395 15.08702 14.8538 14.47511 14.35759 14.20242 13.74176 12.78477 13.86032 14.45328 13.50262 14.26839 13.16774 13.36786 11.28075 10.21324 10.92326 12.06821 12.52175 11.47663 11.33145 10.31377 9.765792 11.1029 11.70463 13.53894 12.51238 12.91725 12.77265 12.31298 12.31298 11.20232 11.49196 12.26189 12.76568 11.74316 11.40333 11.10125 10.49391 9.809929 9.285233 6/1/1998 68.5 72.25 67.4375 68.25 1858600 10.15276 5/1/1998 67.625 70.125 67.0625 68.25 3337900 10.15276 4/1/1998 75.75 75.875 66.4375 67.5625 3365200 10.05048 3/2/1998 71.6875 76.0625 70.6875 76 2210900 11.22567 2/2/1998 74.4375 75.4375 71.5 71.9375 2071500 10.62562 1/2/1998 71.5625 75.25 69.5625 74.4375 1795100 10.99488 12/1/1997 74.125 78.25 70.875 71.625 1586400 10.50165 11/3/1997 66.5 75.4375 66.375 74 2299900 10.84987 10/1/1997 69.125 71.6875 63.375 66 1679300 9.676911 9/2/1997 64.875 70.125 64.625 68.9375 1713700 10.03169 8/1/1997 69 71.5 63.9375 64.25 1802300 9.34957 7/1/1997 64.875 69.625 64.6875 69.125 2162000 10.05897 6/2/1997 63 66.5 60 65.125 2087600 9.402419 5/1/1997 61.875 64.625 61.625 63.25 1612300 9.131716 4/1/1997 61.875 62.125 57.75 62 1943400 8.951247 3/3/1997 64.875 65.5 60.875 62.125 2279600 8.891044 2/3/1997 67.625 68.75 65.25 65.25 1744600 9.338279 1/2/1997 63.5 68.375 62.25 67.75 1990500 9.696068 12/2/1996 63.25 67.5 62.125 63.625 1704300 9.035537 11/1/1996 57.25 63.875 57 63.5 1614500 9.017786 10/1/1996 60.125 60.125 56.875 57.125 1055200 8.112456 9/3/1996 54.75 60.625 54.375 60.375 1544400 8.502098 8/1/1996 54.125 56.25 53.875 55 1490100 7.745183 7/1/1996 54.625 56 52 54.125 2013300 7.621964 6/3/1996 57.125 58.125 52.625 54.625 2413700 7.620315 5/1/1996 55.375 58.75 54.375 57.375 1777900 8.003946 4/1/1996 58.5 58.625 53.5 55.5 2412000 7.742379 3/1/1996 58 60 56 58.375 1584600 8.073846 2/1/1996 57.5 60.5 55.125 57.5 1937700 7.952825 1/2/1996 57.75 59.375 52.875 57.5 1645800 7.952825 12/1/1995 55.375 58.5 54.5 57.75 1429400 7.919609 11/1/1995 57.25 57.625 53.5 55.125 944400 7.559627 10/2/1995 56 58.75 55 57.375 1383300 7.868183 9/1/1995 51.75 56.875 50.375 55.75 1625600 7.581738 8/1/1995 52.25 54.375 51 51.625 1200900 7.020757 7/3/1995 51.125 53 50.5 52.25 1632900 7.105754 6/1/1995 51.875 53.375 50.75 51.375 1431000 6.923457 5/1/1995 61.125 62.875 49.75 51.875 1823800 6.990839 4/3/1995 59.625 62.25 59.25 61 1212800 8.220552 3/1/1995 60.5 64.625 59.5 59.625 1781200 7.972571 2/1/1995 56.625 61.625 56.625 60.625 1764200 8.106283 1/3/1995 57 58.75 54.5 56.625 1691700 7.571436 12/1/1994 53.5 59 53.25 57.125 1240700 7.575309 11/1/1994 55.75 58.25 53.75 53.75 1197000 7.127753 10/3/1994 57.5 58.375 55.125 56.125 1052200 7.4427 9/1/1994 53.625 57.875 52.875 57.75 1605100 7.595864 8/1/1994 7/1/1994 6/1/1994 5/2/1994 4/4/1994 3/1/1994 2/1/1994 1/3/1994 12/1/1993 11/1/1993 10/1/1993 9/1/1993 8/2/1993 7/1/1993 6/1/1993 5/3/1993 4/1/1993 3/1/1993 2/1/1993 1/4/1993 12/1/1992 11/2/1992 10/1/1992 9/1/1992 8/3/1992 7/1/1992 6/1/1992 5/1/1992 4/1/1992 3/2/1992 2/3/1992 1/2/1992 12/2/1991 11/1/1991 10/1/1991 9/3/1991 8/1/1991 7/1/1991 6/3/1991 5/1/1991 4/1/1991 3/1/1991 2/1/1991 1/2/1991 12/3/1990 11/1/1990 50.125 54.125 54.75 51.5 54 55.75 59.25 60.75 60.75 63.75 60.25 62.5 60.625 68.625 65.75 66.375 71 69.125 67.5 69 70.25 67 66.375 69.25 69.75 67 63.25 63.75 65.25 68.75 69.75 73.375 64.25 61.875 60.75 64.125 63.375 57 59 56 57.625 53.375 47 48.25 47.125 83.375 55.875 54.5 57 55.25 55 57 60.25 62.25 63 64 67.75 63.25 63.875 68.75 68.125 69.875 71.375 74.125 69.375 69.5 72.5 70.625 69.875 73.875 71.125 70.5 68.125 64.75 68.5 69.25 71.25 75.875 73.625 68.625 64.25 64.5 64.375 63 59 59.625 59.875 60.875 55.625 48.375 52 88 49.5 49.375 54.125 49.875 50.25 53.625 55.5 58 59.375 60.375 59.625 59.75 56.875 58.75 62.125 64.5 64.125 69 65 66.75 66.875 65.625 64.5 65.375 68.25 66 62 58.75 62.25 63.5 66 65.5 64.125 61 58.625 59.625 60 56.75 54.25 55.625 55.25 52.125 45.875 43.5 46.25 41.625 53.875 49.875 54.625 54.75 51.625 55.625 55.625 59.375 60.75 60.75 64 60.25 62.5 60.75 68 65.25 66.375 70.875 69.125 67.5 68.5 70 67.25 66.375 69.5 69.875 67.125 63.5 64 65.25 69 69.75 73.625 65.125 61.875 61 64.375 63 56.5 58.75 55.875 57.75 53.875 47.125 49 47.375 1482800 1955400 1515100 1492500 1626100 1924600 2044100 2105000 1177500 1166300 1340000 963000 1643700 1392900 1078600 1181600 1380300 1073700 1218600 1099800 1081300 843200 943300 1319500 586800 782700 1245300 1796500 1321000 1118200 927100 1311700 954300 1028800 900800 973800 703300 844200 1067700 764400 915200 1269700 1471600 1397500 1013000 1108200 7.086185 6.560064 7.123013 7.139313 6.731818 7.192124 7.192124 7.676987 7.795105 7.795105 8.212127 7.671012 7.957482 7.734672 8.598445 8.250714 8.392967 8.909246 8.689264 8.484996 8.557904 8.745304 8.401738 8.23995 8.627895 8.674449 8.281111 7.8339 7.895585 8.004148 8.464157 8.556159 8.98746 7.949858 7.553128 7.399717 7.809128 7.642331 6.809734 7.080918 6.734405 6.922399 6.457909 5.648798 5.832691 5.63926 10/1/1990 9/4/1990 8/1/1990 7/2/1990 6/1/1990 5/1/1990 4/2/1990 3/1/1990 2/1/1990 1/2/1990 12/1/1989 11/1/1989 10/2/1989 9/1/1989 8/1/1989 7/3/1989 6/1/1989 5/1/1989 4/3/1989 3/1/1989 2/1/1989 1/3/1989 12/1/1988 11/1/1988 10/3/1988 9/1/1988 8/1/1988 7/1/1988 6/1/1988 5/2/1988 4/4/1988 3/1/1988 2/1/1988 1/4/1988 12/1/1987 11/2/1987 10/1/1987 9/1/1987 8/3/1987 7/1/1987 6/1/1987 5/1/1987 4/1/1987 3/2/1987 2/2/1987 1/2/1987 82.25 87.75 92 90 80.75 72.75 73.5 64.125 68.875 72.125 75.375 71 70.25 68.75 71.25 64.125 65.25 62.125 59.375 55.5 55.875 51.875 52.375 53.875 51 49.75 47.875 46.125 47.375 46.5 47 50.5 50.375 49.375 44.25 49 58 58.5 57 55.5 54.75 45.125 50.25 50.875 48.125 43 90.625 87.75 93.25 95 90.25 80.625 76.75 73.75 68.875 73.875 76.875 74.625 73.75 71 71.75 71.375 69.5 67.75 64.125 59.75 57.5 55.875 53 55 58 51.625 51.125 47.875 49 47.125 49.25 51.375 51.25 52.75 50.25 49.25 59.25 59.25 62.125 58 58.875 56 52.75 54.375 51.875 49.875 79 79.5 75.875 87.25 79.625 72.75 71.625 64.125 62.75 65.625 69.875 69.625 66.5 66.625 66.75 64.125 64.125 61.375 58.875 55 53.625 50.375 50.125 49 50.75 48.625 47.625 44.875 45.625 43.125 45.5 46 47.625 47.25 41.5 43 40.75 53.375 54.75 52.25 52.875 44.625 43 49.75 47 43 83.125 81.5 87 92.25 89.875 80.625 72.5 73.625 64.25 68.5 72.375 74.625 71 70.25 69.125 71.125 64.875 65.5 62.125 59.25 55.125 55.875 51.875 52.25 53.875 51.5 49.75 47.5 46.875 47.125 46.5 47.5 50.25 50.25 49.625 44 49 58 58.5 57.25 55.625 54 45.375 51 50.5 48.125 1674200 1344200 1647200 1639500 1530500 1362900 1066200 1323400 1613300 1721800 1280600 916900 1267200 1000800 1479800 1168000 1281300 1288000 1614800 1556100 1647200 1851400 1126700 1133500 2555100 1421800 1944300 1777100 2010600 1844300 2038900 2360100 1702700 2103800 2467000 1823200 3494300 1830000 2316800 1799400 2397700 4173000 2244500 1837300 1508300 2360600 4.947372 4.814663 5.139579 5.449726 5.271454 4.728913 4.252356 4.28662 3.740785 3.98823 4.182148 4.312163 4.102695 4.027575 3.963076 4.07774 3.687882 3.723411 3.531556 3.341406 3.108777 3.151073 2.898598 2.919552 3.010351 2.851382 2.754491 2.629916 2.569289 2.582992 2.548735 2.581622 2.731084 2.731084 2.675376 2.372122 2.641681 3.126888 3.153843 3.086454 2.97733 2.890352 2.428699 2.712978 2.686381 2.560041 12/1/1986 11/3/1986 10/1/1986 9/2/1986 8/1/1986 7/1/1986 6/2/1986 5/1/1986 4/1/1986 3/3/1986 2/3/1986 1/2/1986 12/2/1985 11/1/1985 10/1/1985 9/3/1985 8/1/1985 7/1/1985 6/3/1985 5/1/1985 4/1/1985 3/1/1985 2/1/1985 1/2/1985 12/3/1984 11/1/1984 10/1/1984 9/4/1984 8/1/1984 7/2/1984 6/1/1984 5/1/1984 4/2/1984 3/1/1984 2/1/1984 1/3/1984 12/1/1983 11/1/1983 10/3/1983 9/1/1983 8/1/1983 7/1/1983 6/1/1983 5/2/1983 4/4/1983 3/1/1983 44.5 88.25 78.875 86.5 87 83.125 77.75 69.625 74 69.25 61.875 61 59.75 61.5 61.5 56.875 56.5 63.375 60.25 53 58.125 55.125 55 50.75 49.875 54 55 54.25 51 52.875 50.5 49.125 46.625 47.5 51.25 51.625 52.875 54 46.75 50.25 50.5 54.875 56.75 55.5 52.5 49.5 44.75 94.75 89.25 87.25 90.75 89 83.75 77.875 75.5 80.25 70.125 63.375 62.875 69.25 65.25 61.75 57.125 63.625 64 60.625 58.75 60.625 59.5 55.25 53.875 55.125 58.5 60 55.75 53 54.25 51.5 50.25 48 51.25 53.75 54.625 57 54.25 55.125 51.5 56.25 57.125 57.75 56.25 55.5 40.75 39 77.375 74.75 85 79.625 74.125 69 68.75 68.75 60.125 56.5 56.875 59.5 60.75 55.875 55.125 55.75 57 52 52.625 54.625 54.875 47.75 48.375 49.5 51.125 53.625 51 50.25 50 48.75 45.5 46 44.375 50.625 51.125 51.75 46.75 47.5 47.625 50 52.125 53.875 50.25 47.75 43.125 44.625 88.25 79.125 86.75 86.5 83 77.5 69.875 74.25 69.25 61.75 61.125 59.5 61.75 61.5 56.875 56.75 63.625 60 52.75 58.125 55.125 55.125 50.875 50 53.875 55 54.375 51.25 52.75 50 49.125 46.625 47.5 51.25 52.25 52.75 53.5 48.375 50.25 50.75 55.25 56.75 55.5 52.5 1903400 2571400 2952800 3436800 1851600 2208000 1960800 2297600 2266100 4160300 2594000 1867300 1810400 2354700 3900300 2523300 965200 2059300 2463200 3884400 2625900 2208300 3046200 4334900 1765200 1644800 1317900 1603300 1148500 986500 1015700 1488500 936400 994900 1805700 1471600 1570600 2147800 2961600 2089600 1552900 1476000 2017300 2275800 2122300 1377000 2.277379 2.356592 2.330187 2.072295 2.271995 2.265447 2.159164 2.016087 1.81773 1.916247 1.787207 1.593647 1.562884 1.521335 1.578865 1.558578 1.441368 1.4382 1.597808 1.506774 1.324705 1.445714 1.371097 1.371097 1.251391 1.229869 1.325183 1.339174 1.323956 1.247867 1.270819 1.204568 1.183488 1.110838 1.131684 1.221028 1.232671 1.244467 1.262161 1.129219 1.172987 1.184659 1.277796 1.312487 1.283578 1.214195 2/1/1983 1/3/1983 12/1/1982 11/1/1982 10/1/1982 9/1/1982 8/2/1982 7/1/1982 6/1/1982 5/3/1982 4/1/1982 3/1/1982 2/1/1982 1/4/1982 12/1/1981 11/2/1981 10/1/1981 9/1/1981 8/3/1981 7/1/1981 6/1/1981 5/1/1981 4/1/1981 3/2/1981 2/2/1981 1/2/1981 12/1/1980 11/3/1980 10/1/1980 9/2/1980 8/1/1980 7/1/1980 6/2/1980 5/1/1980 4/1/1980 46.5 48.75 49.875 51.375 44.375 44.375 43.125 41.875 39.875 41 38.375 37.75 34.375 35.375 36.625 37.875 35.875 34.625 35.75 37.5 34.625 33.625 33.375 29.125 28.625 27 24.5 25.25 27.625 28 27.5 27.5 27.875 23.625 22.625 49.875 49.375 51 54.75 54.25 47.125 46 46 42.625 42.125 41.375 39 38.375 35.375 38.375 38.125 38.5 37.25 35.75 37.5 39.5 35 35.125 35.75 29.25 29.875 27.375 26.75 27.875 29.5 30.625 27.875 28.25 28.25 25 45.375 44.25 46.625 47.875 43.125 41.5 38.625 40.625 39.625 39.625 38 36.375 33.875 32.875 35.875 34.25 34.875 32.875 32.625 33 34.625 32.375 32.75 28.75 27.125 26.75 23.875 23.375 24.5 26.75 27.25 25.75 26 23 22.25 49.5 46.375 48.75 49.75 51 44.375 44.375 43 41.875 39.875 41 38.5 37.75 34.375 35.875 36.75 37.875 35.875 34.625 35.75 37.875 34.625 33.625 33.375 29.125 28.75 27 24.5 25.25 27.625 28 27.5 27.5 27.875 23.625 2104200 2434500 1820800 1713200 1774600 2120000 1729300 1383200 1679100 882700 2144700 1526800 1107000 1237600 696000 1190400 1109800 1326700 870700 904500 972200 989600 1088000 1726600 1029800 878700 896800 1680200 833300 658100 986800 1237600 788800 1307300 829400 1.144812 1.072539 1.127467 1.150594 1.179504 1.026284 1.026284 0.994484 0.968465 0.92221 0.948228 0.89041 0.873064 0.795009 0.8297 0.849936 0.875955 0.8297 0.800791 0.826809 0.875955 0.800791 0.777663 0.771881 0.673589 0.664916 0.624443 0.566624 0.58397 0.638898 0.647571 0.636007 0.636007 0.64468 0.546388 0 through December 2016 hink "mm//yy" and ignore the "/dd/" Fama-French Return Series - From Kenneth R. French's Data Library Monthly and annual series on the excess market return (Mkt-RF), small minus big (SMB), high minus low (HML) and the risk Data Sources http://mba.tuck.dartmouth.edu/pages/faculty/ken.french/data_library.html Select the Fama/French Factors under U.S. Research Returns Data (Downloadable Files) The downloadable file is a text file named F-F_Research_Data_Factors.txt and will appear as below ( You will need to sort the monthly data to align to the Yahoo! price series, i.e., most recent to earliest Sorted Monthly 199007 199008 199009 199010 199011 199012 199101 199102 199103 199104 199105 199106 199107 199108 199109 199110 199111 199112 199201 199202 199203 199204 199205 199206 199207 199208 199209 199210 199211 199212 199301 199302 199303 199304 199305 199306 Mkt-RF 0.86 -10.82 -11.97 9.57 -3.87 1.1 2.44 9.1 -2.38 0.55 0.72 -6.09 3.43 -1.35 2.9 1.35 -5.1 6.26 -2.21 -1.93 -5.48 -0.11 4.13 -3.71 -0.64 2.52 -1.41 -3.08 1.78 0.73 0.3 1.92 6.73 4.43 3.13 -2.18 SMB 0.77 -1.59 1.24 -7.41 1.24 -0.78 -2.02 2.53 3.04 0.03 -0.61 1.37 -1.75 0.27 0.48 -0.14 0.86 -1.95 3.61 2.24 0.75 -1.76 0.24 0.61 -2.34 -2.57 -0.09 -0.49 -0.18 1.41 1.64 -1.17 0.37 0.67 4.45 -0.93 HML -0.25 0.57 0.74 -4.17 1.12 -1.64 0.44 0 -0.83 0.51 0.39 1.01 -0.54 -0.58 0 -1.42 -1.34 -2.69 3 1.88 2.45 2.59 0.68 0.93 -1.37 -1.65 -0.98 -0.36 -1.62 0.78 3.06 3.43 2.03 2.85 -1.46 0.4 RF 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 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 201612 201611 201610 201609 201608 201607 201606 201605 201604 201603 201602 201601 201512 201511 201510 201509 201508 201507 201506 201505 201504 201503 201502 201501 201412 201411 201410 201409 201408 201407 201406 201405 201404 201403 201402 201401 199307 199308 199309 199310 199311 199312 199401 199402 199403 199404 199405 199406 199407 199408 199409 199410 199411 199412 199501 199502 199503 199504 199505 199506 199507 199508 199509 199510 199511 199512 199601 199602 199603 199604 199605 199606 199607 199608 199609 199610 199611 199612 199701 199702 199703 199704 199705 199706 2.3 4.37 -2.01 1.11 -6.29 4.08 7.32 -1.13 -3.7 2.35 -0.21 0.13 1.08 2.09 -2.84 2.1 -5.16 0.76 -2.35 0.59 4.25 2.66 -0.14 -0.07 4.37 -1.82 1.67 -1.97 2.63 2.17 1.08 0.61 1.2 2.69 0.1 -0.49 -4.52 0.94 3.18 -0.48 4.44 -1.77 0.04 0.31 -2.78 1.95 6.99 4.02 -1.51 0.94 1.87 -0.42 1.56 0.21 0.5 1.42 0.79 -0.1 -1.43 -0.63 -0.39 0.05 1.84 -1.84 -0.35 -0.06 0.2 0.38 -1.97 -1.21 -0.13 2.04 0.7 2.16 -1.22 -1.59 -1.4 0.43 -0.07 1.28 0.4 3.52 2.24 -2.53 -2.02 1.29 -2.6 -0.7 -3.38 0.81 -0.12 -1.43 -1.13 -4.4 1.83 -1.64 1.37 1.06 0.32 -0.77 -0.17 2.29 3.16 0.57 1.74 1.15 1.33 1.28 0.62 -1.87 -0.32 -0.14 -0.31 -0.56 0.29 0.34 -1.33 0.08 0.49 -1.01 -1.93 -0.3 -1.29 -0.21 -0.32 0.86 0.66 -0.52 -0.07 -1.21 -0.57 1.44 3 -0.66 -0.92 2.09 1.74 1.09 0.15 2.08 2.46 -0.38 -1.68 0.85 0.24 0.25 0.26 0.22 0.25 0.23 0.25 0.21 0.27 0.27 0.32 0.31 0.28 0.37 0.37 0.38 0.37 0.44 0.42 0.4 0.46 0.45 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 201312 201311 201310 201309 201308 201307 201306 201305 201304 201303 201302 201301 201212 201211 201210 201209 201208 201207 201206 201205 201204 201203 201202 201201 201112 201111 201110 201109 201108 201107 201106 201105 201104 201103 201102 201101 201012 201011 201010 201009 201008 201007 201006 201005 201004 201003 201002 201001 199707 199708 199709 199710 199711 199712 199801 199802 199803 199804 199805 199806 199807 199808 199809 199810 199811 199812 199901 199902 199903 199904 199905 199906 199907 199908 199909 199910 199911 199912 200001 200002 200003 200004 200005 200006 200007 200008 200009 200010 200011 200012 200101 200102 200103 200104 200105 200106 3.73 -5.61 4.98 -5.56 0.31 0.28 1.98 6.51 3.78 0.72 -1.64 1.22 -1.2 -14.03 1.24 8.14 5 4.35 1.72 -3.28 3.56 4.29 -3.14 4.63 -0.34 0.03 -0.61 4.43 3.62 7.1 -5.41 2.25 4.76 -5.76 -3.24 3.29 -3.34 4.12 -5.25 -3.5 -7.41 1.39 1.81 -8.81 -7.75 7.67 -1.12 -2.77 -4.52 5.36 -2.13 0.8 -5.76 -3.61 -0.27 0.09 -0.68 0.42 -0.95 -3.78 -3.33 -0.86 -0.29 -3.04 -0.49 -1.53 -0.11 -0.85 -0.86 2.51 2.97 3.12 1.93 1.25 2.16 -4.73 2.19 -1.05 5.59 10.4 -9.81 -5.22 -1.08 4.96 -2.3 0.17 -0.7 -5.55 -1.55 0.72 2.51 2.44 -0.88 -0.62 2.12 1.65 -0.23 0.52 -0.45 1.15 -0.59 2.08 -1.13 0.57 2.13 -0.18 1.79 -1.7 -1.03 -0.34 -3.08 1.41 -1.27 -3.23 -3.77 0.22 0.17 3.65 0.43 -1.65 0.95 -1.64 -2.01 -3.97 -9.39 -5.75 -1.94 -9.54 6.49 5.08 5.57 -1.42 5.65 -1.45 6.18 6.55 11.62 7.34 -3.64 11.65 7.06 -3.26 2.73 3.51 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 0.31 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 200912 200911 200910 200909 200908 200907 200906 200905 200904 200903 200902 200901 200812 200811 200810 200809 200808 200807 200806 200805 200804 200803 200802 200801 200712 200711 200710 200709 200708 200707 200706 200705 200704 200703 200702 200701 200612 200611 200610 200609 200608 200607 200606 200605 200604 200603 200602 200601 200107 200108 200109 200110 200111 200112 200201 200202 200203 200204 200205 200206 200207 200208 200209 200210 200211 200212 200301 200302 200303 200304 200305 200306 200307 200308 200309 200310 200311 200312 200401 200402 200403 200404 200405 200406 200407 200408 200409 200410 200411 200412 200501 200502 200503 200504 200505 200506 -2.58 -4.45 -9.98 2.57 5.53 0.64 -3.1 -0.73 4.65 -2.48 0.33 -5.47 -8.71 0.22 -10.39 5.98 5.14 -4.27 -2.7 -1.85 -0.35 8.74 6.55 2.03 2.2 2.71 1.34 5.87 1.66 5.62 2.29 1.9 -0.02 -2.33 0.65 2.39 -3.81 0.36 2.12 2.58 5.36 3.8 -1.91 2.96 -2.02 -2.58 1.4 1.21 -3.18 2.2 -4.95 4.09 -0.68 0.25 1.11 -0.22 1.39 3.78 0.15 2.06 -1.37 -1.53 2.85 -5.02 -0.05 1.88 1.87 0.46 0.45 -0.13 3.14 1.97 2.21 2.73 2.8 0.81 -0.13 -1.63 2.56 -0.01 3.79 -0.54 -1.6 2.23 -1.63 -0.71 1.27 0.47 2.1 0 2.06 0.41 -0.48 -0.94 -0.88 1.9 2.97 3.92 1.9 -5.12 -1.8 1.32 1.97 3.36 0.56 5.42 3.25 2.23 -0.01 1.67 0.94 -3.58 -0.54 3.45 0.81 1.7 -1.06 -0.71 0.61 0.79 1.51 1.31 0.02 2.49 0.25 0.96 1.84 0.67 0.24 -1.86 0.42 0.96 2.47 1.26 0.52 0.18 1.3 0.55 1.36 1.35 1.52 -0.04 -0.1 1.6 0.3 0.31 0.28 0.22 0.17 0.15 0.14 0.13 0.13 0.15 0.14 0.13 0.15 0.14 0.14 0.14 0.12 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 200512 200511 200510 200509 200508 200507 200506 200505 200504 200503 200502 200501 200412 200411 200410 200409 200408 200407 200406 200405 200404 200403 200402 200401 200312 200311 200310 200309 200308 200307 200306 200305 200304 200303 200302 200301 200212 200211 200210 200209 200208 200207 200206 200205 200204 200203 200202 200201 200507 200508 200509 200510 200511 200512 200601 200602 200603 200604 200605 200606 200607 200608 200609 200610 200611 200612 200701 200702 200703 200704 200705 200706 200707 200708 200709 200710 200711 200712 200801 200802 200803 200804 200805 200806 200807 200808 200809 200810 200811 200812 200901 200902 200903 200904 200905 200906 3.53 1.04 2.07 -2.67 2.91 2.59 4.49 -0.44 2.44 2.85 -4.12 -0.6 -0.26 2.23 0.61 3.32 2.3 1.84 0.96 -0.54 1.75 3.73 2.48 -0.82 -2.38 -1.15 4.4 3.18 -4.66 -1.59 -7.8 -0.07 -1.24 4.92 1.83 -8.08 -2.76 -2.08 -12.24 -19.54 -6.56 4.42 -8.56 -9.97 7.28 11.45 9.93 -0.27 0.92 0.63 -0.31 -0.21 0.17 2.29 2.73 -0.72 1.99 0.38 -2.32 -1.62 -2.96 0.22 -1.46 0.49 0.36 -0.17 0.88 1.48 0.19 -0.95 -0.87 0.99 0.25 -3.54 -2.14 0.85 -3.49 -0.72 -1.15 2.17 -0.82 -2.78 1.7 1.29 -0.41 -0.46 -1.26 -2.78 -0.46 2.22 2.27 1.17 -1.36 1.68 1.64 2.78 0.05 0.78 0.99 0.11 -0.6 -0.71 1.37 1.39 0.59 1.37 1.15 0 2.4 -0.78 0.52 -0.34 0.43 1.27 0.13 0.75 0.43 0.36 0.57 0.15 -0.94 -0.34 -1.49 -2.63 -0.65 0.56 2.67 -0.86 1.58 -0.38 -1.28 -1.12 2.02 0.18 2.34 0.01 -1.69 0.49 -4.6 -4.19 -0.04 2.68 -0.09 -1.63 0.24 0.3 0.29 0.27 0.31 0.32 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 200112 200111 200110 200109 200108 200107 200106 200105 200104 200103 200102 200101 200012 200011 200010 200009 200008 200007 200006 200005 200004 200003 200002 200001 199912 199911 199910 199909 199908 199907 199906 199905 199904 199903 199902 199901 199812 199811 199810 199809 199808 199807 199806 199805 199804 199803 199802 199801 200907 200908 200909 200910 200911 200912 201001 201002 201003 201004 201005 201006 201007 201008 201009 201010 201011 201012 201101 201102 201103 201104 201105 201106 201107 201108 201109 201110 201111 201112 201201 201202 201203 201204 201205 201206 201207 201208 201209 201210 201211 201212 201301 201302 201303 201304 201305 201306 8.61 3.98 4.43 -2.15 3.63 1.96 -3.73 1.3 6.27 0.41 -9.53 -3.15 8.21 -3.91 9.85 3.94 -2.17 7.62 2.11 3.48 -0.69 4.46 -2.1 -1.52 -1.7 -7.51 -9.19 10.02 -2.63 -0.45 5.6 4.93 1.23 -1.11 -8.89 4.85 0.85 2.79 3.08 -0.43 1.32 2.31 5.45 0.09 2.28 3.01 0.55 -2.51 -1.39 0.87 1.68 -0.39 -2.43 0.65 2.64 -0.02 -0.18 3.9 0.07 0.3 -1.51 -0.15 1.59 -0.04 2.1 1.97 -1.59 0.19 1.45 -0.64 -0.52 -0.46 1.18 -0.66 -1.34 -1.97 -1.12 -0.49 2.13 -0.85 -0.37 0.23 -0.54 -1.59 -1.64 -0.21 1.11 -0.7 -1.19 1.29 0.03 0.32 0.69 -1.32 -0.63 0.44 4 4.79 0.39 -2.19 -1.44 0.79 -0.1 0.14 3 0.77 -2.45 -2.76 1.4 -1.99 -1.63 -1.2 -0.67 1.92 2.72 0.46 -1.66 -1.83 -1.34 0.58 -2.17 -1.78 0.86 -1.92 -0.72 1.94 -1.09 -0.21 -0.03 -1.75 0.18 1.53 -1.05 0.74 1.26 2.18 0.03 3.52 2.11 -0.72 -2.01 1.05 1.01 -0.24 0.01 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 0 0 0 0 0 0 0 0.01 0 0 0.01 0.01 0.01 0.01 0.01 0 0 0 0 0 0 199712 199711 199710 199709 199708 199707 199706 199705 199704 199703 199702 199701 199612 199611 199610 199609 199608 199607 199606 199605 199604 199603 199602 199601 199512 199511 199510 199509 199508 199507 199506 199505 199504 199503 199502 199501 199412 199411 199410 199409 199408 199407 199406 199405 199404 199403 199402 199401 201307 201308 201309 201310 201311 201312 201401 201402 201403 201404 201405 201406 201407 201408 201409 201410 201411 201412 201501 201502 201503 201504 201505 201506 201507 201508 201509 201510 201511 201512 201601 201602 201603 201604 201605 201606 201607 201608 201609 201610 201611 201612 5.57 -1.82 5.5 3.74 1.81 2.18 -3.32 5.05 0.15 0.56 1.75 2 -2.05 1.93 -3.09 0.34 1.65 -1.44 -1.75 5.93 -1.18 2.7 0.5 -2.1 1.15 -6.17 -3.92 7.33 -0.31 -1.74 -6.31 -0.51 6.91 1.9 0.45 -1.67 4.49 0.3 0.89 -1.88 1.4 2.27 0.01 1.29 2.04 -1.65 -0.21 -0.22 2.72 -0.71 -0.46 -2.65 -1.12 2.09 -1.17 -0.47 -2.68 -0.17 -2.09 1.76 -0.03 -0.17 1.4 0.8 1.26 2.09 -3.07 1.38 -0.26 -2.32 1.77 0.97 -2.1 0.84 1.29 0.99 0 -0.48 1.34 0.34 2.25 -1.59 0.3 -0.45 0.43 -0.69 -0.34 1.9 -0.17 -0.15 -0.04 0.03 2.72 1.07 -0.32 -0.11 0.21 -0.8 -0.86 -3.04 -2.14 -0.12 -2.44 -0.45 -0.86 2.15 -1.25 -0.68 -3.21 0.98 -0.93 0.27 -1.92 -1.68 0.79 -0.17 0.56 2.99 -2.04 -0.72 0.3 2.23 -1.26 4.26 4.32 2.75 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0.02 0.01 0.03 199312 199311 199310 199309 199308 199307 199306 199305 199304 199303 199302 199301 199212 199211 199210 199209 199208 199207 199206 199205 199204 199203 199202 199201 199112 199111 199110 199109 199108 199107 199106 199105 199104 199103 199102 199101 199012 199011 199010 199009 199008 199007 high minus low (HML) and the risk-free return (RF) Downloadable Files) ors.txt and will appear as below (Columns A-E). series, i.e., most recent to earliest. Sorted Monthly Series Mkt-RF SMB HML 2.27 -0.45 2.75 1.4 0.3 4.32 -1.88 -1.59 4.26 0.89 2.25 -1.26 0.3 0.34 2.23 4.49 1.34 0.3 -1.67 -0.48 -0.72 0.45 0 -2.04 1.9 0.99 2.99 6.91 1.29 0.56 -0.51 0.84 -0.17 -6.31 -2.1 0.79 -1.74 0.97 -1.68 -0.31 1.77 -1.92 7.33 -2.32 0.27 -3.92 -0.26 -0.93 -6.17 1.38 0.98 1.15 -3.07 -3.21 -2.1 2.09 -0.68 0.5 1.26 -1.25 2.7 0.8 2.15 -1.18 1.4 -0.86 5.93 -0.17 -0.45 -1.75 -0.03 -2.44 -1.44 1.76 -0.12 1.65 -2.09 -2.14 0.34 -0.17 -3.04 -3.09 -2.68 -0.86 1.93 -0.47 -0.8 -2.05 -1.17 0.21 2 2.09 -0.11 1.75 -1.12 -0.32 0.56 -2.65 1.07 0.15 -0.46 2.72 5.05 -0.71 0.03 -3.32 2.72 -0.04 RF 0.03 0.01 0.02 0.02 0.02 0.02 0.02 0.01 0.01 0.02 0.02 0.01 0.01 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2.18 1.81 3.74 5.5 -1.82 5.57 -2.51 0.55 3.01 2.28 0.09 5.45 2.31 1.32 -0.43 3.08 2.79 0.85 4.85 -8.89 -1.11 1.23 4.93 5.6 -0.45 -2.63 10.02 -9.19 -7.51 -1.7 -1.52 -2.1 4.46 -0.69 3.48 2.11 7.62 -2.17 3.94 9.85 -3.91 8.21 -3.15 -9.53 0.41 6.27 1.3 -3.73 -0.22 -0.21 -1.65 2.04 1.29 0.01 0.44 -0.63 -1.32 0.69 0.32 0.03 1.29 -1.19 -0.7 1.11 -0.21 -1.64 -1.59 -0.54 0.23 -0.37 -0.85 2.13 -0.49 -1.12 -1.97 -1.34 -0.66 1.18 -0.46 -0.52 -0.64 1.45 0.19 -1.59 1.97 2.1 -0.04 1.59 -0.15 -1.51 0.3 0.07 3.9 -0.18 -0.02 2.64 -0.15 -0.17 1.9 -0.34 -0.69 0.43 -0.24 1.01 1.05 -2.01 -0.72 2.11 3.52 0.03 2.18 1.26 0.74 -1.05 1.53 0.18 -1.75 -0.03 -0.21 -1.09 1.94 -0.72 -1.92 0.86 -1.78 -2.17 0.58 -1.34 -1.83 -1.66 0.46 2.72 1.92 -0.67 -1.2 -1.63 -1.99 1.4 -2.76 -2.45 0.77 3 0.14 -0.1 0 0 0 0 0 0 0 0 0 0 0 0 0.01 0.01 0.01 0.01 0.01 0 0 0.01 0 0 0 0 0 0 0 0 0.01 0 0 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 1.96 3.63 -2.15 4.43 3.98 8.61 -0.27 9.93 11.45 7.28 -9.97 -8.56 4.42 -6.56 -19.54 -12.24 -2.08 -2.76 -8.08 1.83 4.92 -1.24 -0.07 -7.8 -1.59 -4.66 3.18 4.4 -1.15 -2.38 -0.82 2.48 3.73 1.75 -0.54 0.96 1.84 2.3 3.32 0.61 2.23 -0.26 -0.6 -4.12 2.85 2.44 -0.44 4.49 0.65 -2.43 -0.39 1.68 0.87 -1.39 2.78 1.64 1.68 -1.36 1.17 2.27 2.22 -0.46 -2.78 -1.26 -0.46 -0.41 1.29 1.7 -2.78 -0.82 2.17 -1.15 -0.72 -3.49 0.85 -2.14 -3.54 0.25 0.99 -0.87 -0.95 0.19 1.48 0.88 -0.17 0.36 0.49 -1.46 0.22 -2.96 -1.62 -2.32 0.38 1.99 -0.72 2.73 0.79 -1.44 -2.19 0.39 4.79 4 -1.63 -0.09 2.68 -0.04 -4.19 -4.6 0.49 -1.69 0.01 2.34 0.18 2.02 -1.12 -1.28 -0.38 1.58 -0.86 2.67 0.56 -0.65 -2.63 -1.49 -0.34 -0.94 0.15 0.57 0.36 0.43 0.75 0.13 1.27 0.43 -0.34 0.52 -0.78 2.4 0 1.15 1.37 0.59 1.39 1.37 0.01 0 0 0.01 0.01 0.01 0.01 0 0.01 0.02 0.01 0 0 0.03 0.08 0.15 0.13 0.15 0.17 0.18 0.18 0.17 0.13 0.21 0.27 0.34 0.32 0.32 0.42 0.4 0.4 0.41 0.44 0.43 0.38 0.44 0.4 0.42 0.41 0.41 0.42 0.4 0.4 0.43 0.36 0.37 0.34 0.35 2.59 2.91 -2.67 2.07 1.04 3.53 1.21 1.4 -2.58 -2.02 2.96 -1.91 3.8 5.36 2.58 2.12 0.36 -3.81 2.39 0.65 -2.33 -0.02 1.9 2.29 5.62 1.66 5.87 1.34 2.71 2.2 2.03 6.55 8.74 -0.35 -1.85 -2.7 -4.27 5.14 5.98 -10.39 0.22 -8.71 -5.47 0.33 -2.48 4.65 -0.73 -3.1 2.29 0.17 -0.21 -0.31 0.63 0.92 1.9 -0.88 -0.94 -0.48 0.41 2.06 0 2.1 0.47 1.27 -0.71 -1.63 2.23 -1.6 -0.54 3.79 -0.01 2.56 -1.63 -0.13 0.81 2.8 2.73 2.21 1.97 3.14 -0.13 0.45 0.46 1.87 1.88 -0.05 -5.02 2.85 -1.53 -1.37 2.06 0.15 3.78 1.39 -0.22 1.11 -0.71 -0.6 0.11 0.99 0.78 0.05 1.6 -0.1 -0.04 1.52 1.35 1.36 0.55 1.3 0.18 0.52 1.26 2.47 0.96 0.42 -1.86 0.24 0.67 1.84 0.96 0.25 2.49 0.02 1.31 1.51 0.79 0.61 -0.71 -1.06 1.7 0.81 3.45 -0.54 -3.58 0.94 1.67 -0.01 2.23 3.25 5.42 0.56 3.36 1.97 0.32 0.31 0.27 0.29 0.3 0.24 0.23 0.24 0.21 0.21 0.16 0.16 0.16 0.15 0.11 0.11 0.11 0.1 0.08 0.06 0.08 0.09 0.06 0.07 0.08 0.07 0.07 0.08 0.07 0.07 0.1 0.09 0.1 0.1 0.09 0.1 0.11 0.12 0.14 0.14 0.14 0.15 0.13 0.14 0.15 0.13 0.13 0.14 0.64 5.53 2.57 -9.98 -4.45 -2.58 -2.77 -1.12 7.67 -7.75 -8.81 1.81 1.39 -7.41 -3.5 -5.25 4.12 -3.34 3.29 -3.24 -5.76 4.76 2.25 -5.41 7.1 3.62 4.43 -0.61 0.03 -0.34 4.63 -3.14 4.29 3.56 -3.28 1.72 4.35 5 8.14 1.24 -14.03 -1.2 1.22 -1.64 0.72 3.78 6.51 1.98 0.25 -0.68 4.09 -4.95 2.2 -3.18 1.65 2.12 -0.62 -0.88 2.44 2.51 0.72 -1.55 -5.55 -0.7 0.17 -2.3 4.96 -1.08 -5.22 -9.81 10.4 5.59 -1.05 2.19 -4.73 2.16 1.25 1.93 3.12 2.97 2.51 -0.86 -0.85 -0.11 -1.53 -0.49 -3.04 -0.29 -0.86 -3.33 -3.78 -0.95 0.42 -0.68 0.09 -0.27 1.32 -1.8 -5.12 1.9 3.92 2.97 3.51 2.73 -3.26 7.06 11.65 -3.64 7.34 11.62 6.55 6.18 -1.45 5.65 -1.42 5.57 5.08 6.49 -9.54 -1.94 -5.75 -9.39 -3.97 -2.01 -1.64 0.95 -1.65 0.43 3.65 0.17 0.22 -3.77 -3.23 -1.27 1.41 -3.08 -0.34 -1.03 -1.7 1.79 -0.18 2.13 0.57 -1.13 0.15 0.17 0.22 0.28 0.31 0.3 0.28 0.32 0.39 0.42 0.38 0.54 0.5 0.51 0.56 0.51 0.5 0.48 0.4 0.5 0.46 0.47 0.43 0.41 0.44 0.36 0.39 0.39 0.39 0.38 0.4 0.34 0.37 0.43 0.35 0.35 0.38 0.31 0.32 0.46 0.43 0.4 0.41 0.4 0.43 0.39 0.39 0.43 0.28 0.31 -5.56 4.98 -5.61 3.73 4.02 6.99 1.95 -2.78 0.31 0.04 -1.77 4.44 -0.48 3.18 0.94 -4.52 -0.49 0.1 2.69 1.2 0.61 1.08 2.17 2.63 -1.97 1.67 -1.82 4.37 -0.07 -0.14 2.66 4.25 0.59 -2.35 0.76 -5.16 2.1 -2.84 2.09 1.08 0.13 -0.21 2.35 -3.7 -1.13 7.32 -3.61 -5.76 0.8 -2.13 5.36 -4.52 -1.64 1.83 -4.4 -1.13 -1.43 -0.12 0.81 -3.38 -0.7 -2.6 1.29 -2.02 -2.53 2.24 3.52 0.4 1.28 -0.07 0.43 -1.4 -1.59 -1.22 2.16 0.7 2.04 -0.13 -1.21 -1.97 0.38 0.2 -0.06 -0.35 -1.84 1.84 0.05 -0.39 -0.63 -1.43 -0.1 0.79 1.42 0.5 2.08 -0.59 1.15 -0.45 0.52 -0.23 0.85 -1.68 -0.38 2.46 2.08 0.15 1.09 1.74 2.09 -0.92 -0.66 3 1.44 -0.57 -1.21 -0.07 -0.52 0.66 0.86 -0.32 -0.21 -1.29 -0.3 -1.93 -1.01 0.49 0.08 -1.33 0.34 0.29 -0.56 -0.31 -0.14 -0.32 -1.87 0.62 1.28 1.33 1.15 1.74 0.57 3.16 0.48 0.39 0.42 0.44 0.41 0.43 0.37 0.49 0.43 0.43 0.39 0.45 0.46 0.41 0.42 0.44 0.41 0.45 0.4 0.42 0.46 0.39 0.39 0.43 0.49 0.42 0.47 0.43 0.47 0.45 0.47 0.54 0.45 0.46 0.4 0.42 0.44 0.37 0.38 0.37 0.37 0.28 0.31 0.32 0.27 0.27 0.21 0.25 4.08 -6.29 1.11 -2.01 4.37 2.3 -2.18 3.13 4.43 6.73 1.92 0.3 0.73 1.78 -3.08 -1.41 2.52 -0.64 -3.71 4.13 -0.11 -5.48 -1.93 -2.21 6.26 -5.1 1.35 2.9 -1.35 3.43 -6.09 0.72 0.55 -2.38 9.1 2.44 1.1 -3.87 9.57 -11.97 -10.82 0.86 0.21 1.56 -0.42 1.87 0.94 -1.51 -0.93 4.45 0.67 0.37 -1.17 1.64 1.41 -0.18 -0.49 -0.09 -2.57 -2.34 0.61 0.24 -1.76 0.75 2.24 3.61 -1.95 0.86 -0.14 0.48 0.27 -1.75 1.37 -0.61 0.03 3.04 2.53 -2.02 -0.78 1.24 -7.41 1.24 -1.59 0.77 2.29 -0.17 -0.77 0.32 1.06 1.37 0.4 -1.46 2.85 2.03 3.43 3.06 0.78 -1.62 -0.36 -0.98 -1.65 -1.37 0.93 0.68 2.59 2.45 1.88 3 -2.69 -1.34 -1.42 0 -0.58 -0.54 1.01 0.39 0.51 -0.83 0 0.44 -1.64 1.12 -4.17 0.74 0.57 -0.25 0.23 0.25 0.22 0.26 0.25 0.24 0.25 0.22 0.24 0.25 0.22 0.23 0.28 0.23 0.23 0.26 0.26 0.31 0.32 0.28 0.32 0.34 0.28 0.34 0.38 0.39 0.42 0.46 0.46 0.49 0.42 0.47 0.53 0.44 0.48 0.52 0.6 0.57 0.68 0.6 0.66 0.68 General Mills and Fama-French Data for Models & Computations From the "Raw Data" worksheets Date 12/1/2016 11/1/2016 10/3/2016 9/1/2016 8/1/2016 7/1/2016 6/1/2016 5/2/2016 4/1/2016 3/1/2016 2/1/2016 1/4/2016 12/1/2015 11/2/2015 10/1/2015 9/1/2015 8/3/2015 7/1/2015 6/1/2015 5/1/2015 4/1/2015 3/2/2015 2/2/2015 1/2/2015 12/1/2014 11/3/2014 10/1/2014 9/2/2014 8/1/2014 7/1/2014 6/2/2014 5/1/2014 4/1/2014 3/3/2014 2/3/2014 1/2/2014 12/2/2013 11/1/2013 10/1/2013 9/3/2013 8/1/2013 7/1/2013 6/3/2013 5/1/2013 Adj Close (AC) 61.293705 60.4701 61.502083 62.90 69.74 70.79 69.77 61.41 60.00 61.53 57.16 54.88 55.57 55.66 56.00 53.66 54.27 55.65 52.87 53.27 52.51 53.28 50.64 49.40 49.81 49.27 48.53 46.74 49.45 46.46 48.30 50.50 48.74 47.26 45.63 43.80 45.17 45.65 45.64 43.03 44.29 46.69 43.24 41.95 Adj Close (AC) Lagged 60.4701 61.502083 62.904861 69.74 70.79 69.77 61.41 60.00 61.53 57.16 54.88 55.57 55.66 56.00 53.66 54.27 55.65 52.87 53.27 52.51 53.28 50.64 49.40 49.81 49.27 48.53 46.74 49.45 46.46 48.30 50.50 48.74 47.26 45.63 43.80 45.17 45.65 45.64 43.03 44.29 46.69 43.24 41.95 44.92 RJNJ, Monthly Return 1.362 -1.678 -2.230 -9.799 -1.488 1.470 13.603 2.348 -2.473 7.647 4.141 -1.228 -0.173 -0.602 4.352 -1.110 -2.491 5.269 -0.766 1.464 -1.453 5.224 2.496 -0.828 1.100 1.520 3.841 -5.489 6.441 -3.811 -4.351 3.602 3.131 3.578 4.186 -3.048 -1.031 0.020 6.057 -2.839 -5.154 7.987 3.080 -6.624 4/1/2013 3/1/2013 2/1/2013 1/2/2013 12/3/2012 11/1/2012 10/1/2012 9/4/2012 8/1/2012 7/2/2012 6/1/2012 5/1/2012 4/2/2012 3/1/2012 2/1/2012 1/3/2012 12/1/2011 11/1/2011 10/3/2011 9/1/2011 8/1/2011 7/1/2011 6/1/2011 5/2/2011 4/1/2011 3/1/2011 2/1/2011 1/3/2011 12/1/2010 11/1/2010 10/1/2010 9/1/2010 8/2/2010 7/1/2010 6/1/2010 5/3/2010 4/1/2010 3/1/2010 2/1/2010 1/4/2010 12/1/2009 11/2/2009 10/1/2009 9/1/2009 8/3/2009 7/1/2009 6/1/2009 5/1/2009 44.92 43.64 40.93 37.12 35.49 35.99 35.19 34.70 34.25 33.70 33.28 33.05 33.58 33.80 32.82 34.12 34.36 33.97 32.76 32.47 31.98 31.51 31.14 33.27 32.28 30.34 30.83 28.87 29.32 29.11 30.94 29.88 29.57 27.96 28.82 28.90 28.87 28.52 29.01 28.73 28.33 27.20 26.37 25.57 23.72 23.40 22.07 20.17 43.64 40.93 37.12 35.49 35.99 35.19 34.70 34.25 33.70 33.28 33.05 33.58 33.80 32.82 34.12 34.36 33.97 32.76 32.47 31.98 31.51 31.14 33.27 32.28 30.34 30.83 28.87 29.32 29.11 30.94 29.88 29.57 27.96 28.82 28.90 28.87 28.52 29.01 28.73 28.33 27.20 26.37 25.57 23.72 23.40 22.07 20.17 19.97 2.948 6.616 10.277 4.590 -1.391 2.270 1.407 1.322 1.628 1.271 0.679 -1.569 -0.656 2.976 -3.816 -0.691 1.151 3.685 0.913 1.530 1.499 1.177 -6.412 3.084 6.371 -1.589 6.786 -1.523 0.736 -5.937 3.571 1.051 5.731 -2.971 -0.267 0.098 1.230 -1.694 0.982 1.409 4.132 3.155 3.139 7.785 1.392 5.991 9.457 0.967 4/1/2009 3/2/2009 2/2/2009 1/2/2009 12/1/2008 11/3/2008 10/1/2008 9/2/2008 8/1/2008 7/1/2008 6/2/2008 5/1/2008 4/1/2008 3/3/2008 2/1/2008 1/2/2008 12/3/2007 11/1/2007 10/1/2007 9/4/2007 8/1/2007 7/2/2007 6/1/2007 5/1/2007 4/2/2007 3/1/2007 2/1/2007 1/3/2007 12/1/2006 11/1/2006 10/2/2006 9/1/2006 8/1/2006 7/3/2006 6/1/2006 5/1/2006 4/3/2006 3/1/2006 2/1/2006 1/3/2006 12/1/2005 11/1/2005 10/3/2005 9/1/2005 8/1/2005 7/1/2005 6/1/2005 5/2/2005 19.97 19.49 20.50 23.11 23.56 24.50 26.27 26.48 25.50 24.81 23.25 24.18 23.11 22.76 21.28 20.73 21.52 22.71 21.80 21.75 20.95 20.86 21.76 22.81 22.31 21.55 20.85 21.19 21.18 20.58 20.90 20.68 19.82 18.97 18.75 18.84 17.91 18.27 17.76 17.53 17.66 17.02 17.28 17.14 16.40 16.86 16.64 17.60 19.49 20.50 23.11 23.56 24.50 26.27 26.48 25.50 24.81 23.25 24.18 23.11 22.76 21.28 20.73 21.52 22.71 21.80 21.75 20.95 20.86 21.76 22.81 22.31 21.55 20.85 21.19 21.18 20.58 20.90 20.68 19.82 18.97 18.75 18.84 17.91 18.27 17.76 17.53 17.66 17.02 17.28 17.14 16.40 16.86 16.64 17.60 17.57 2.491 -4.954 -11.276 -1.917 -3.831 -6.746 -0.789 3.838 2.780 6.706 -3.845 4.636 1.535 6.948 2.696 -3.690 -5.237 4.192 0.197 3.812 0.467 -4.155 -4.605 2.237 3.535 3.374 -1.607 0.025 2.949 -1.531 1.019 4.370 4.489 1.146 -0.443 5.168 -1.988 2.904 1.317 -0.761 3.766 -1.513 0.817 4.510 -2.700 1.304 -5.475 0.202 4/1/2005 3/1/2005 2/1/2005 1/3/2005 12/1/2004 11/1/2004 10/1/2004 9/1/2004 8/2/2004 7/1/2004 6/1/2004 5/3/2004 4/1/2004 3/1/2004 2/2/2004 1/2/2004 12/1/2003 11/3/2003 10/1/2003 9/2/2003 8/1/2003 7/1/2003 6/2/2003 5/1/2003 4/1/2003 3/3/2003 2/3/2003 1/2/2003 12/2/2002 11/1/2002 10/1/2002 9/3/2002 8/1/2002 7/1/2002 6/3/2002 5/1/2002 4/1/2002 3/1/2002 2/1/2002 1/2/2002 12/3/2001 11/1/2001 10/1/2001 9/4/2001 8/1/2001 7/2/2001 6/1/2001 5/1/2001 17.57 17.48 18.62 18.84 17.57 16.08 15.64 15.76 16.58 15.76 16.57 16.05 17.00 16.18 15.94 15.75 15.60 15.51 15.45 16.12 15.88 15.71 16.14 15.93 15.36 15.42 14.51 15.21 15.80 15.01 13.90 14.85 14.07 13.86 14.65 15.12 14.64 16.14 15.27 16.37 17.09 16.21 15.09 14.85 14.48 14.36 14.20 13.74 17.48 18.62 18.84 17.57 16.08 15.64 15.76 16.58 15.76 16.57 16.05 17.00 16.18 15.94 15.75 15.60 15.51 15.45 16.12 15.88 15.71 16.14 15.93 15.36 15.42 14.51 15.21 15.80 15.01 13.90 14.85 14.07 13.86 14.65 15.12 14.64 16.14 15.27 16.37 17.09 16.21 15.09 14.85 14.48 14.36 14.20 13.74 12.78 0.509 -6.149 -1.170 7.267 9.277 2.802 -0.766 -4.974 5.234 -4.895 3.214 -5.538 5.051 1.522 1.211 0.899 0.644 0.357 -4.150 1.531 1.068 -2.687 1.347 3.702 -0.366 6.251 -4.585 -3.737 5.222 7.986 -6.393 5.536 1.544 -5.378 -3.121 3.292 -9.319 5.667 -6.700 -4.196 5.390 7.470 1.570 2.616 0.819 1.093 3.352 7.485 4/2/2001 3/1/2001 2/1/2001 1/2/2001 12/1/2000 11/1/2000 10/2/2000 9/1/2000 8/1/2000 7/3/2000 6/1/2000 5/1/2000 4/3/2000 3/1/2000 2/1/2000 1/3/2000 12/1/1999 11/1/1999 10/1/1999 9/1/1999 8/2/1999 7/1/1999 6/1/1999 5/3/1999 4/1/1999 3/1/1999 2/1/1999 1/4/1999 12/1/1998 11/2/1998 10/1/1998 9/1/1998 8/3/1998 7/1/1998 6/1/1998 5/1/1998 4/1/1998 3/2/1998 2/2/1998 1/2/1998 12/1/1997 11/3/1997 10/1/1997 9/2/1997 8/1/1997 7/1/1997 6/2/1997 5/1/1997 12.78 13.86 14.45 13.50 14.27 13.17 13.37 11.28 10.21 10.92 12.07 12.52 11.48 11.33 10.31 9.77 11.10 11.70 13.54 12.51 12.92 12.77 12.31 12.31 11.20 11.49 12.26 12.77 11.74 11.40 11.10 10.49 9.81 9.29 10.15 10.15 10.05 11.23 10.63 10.99 10.50 10.85 9.68 10.03 9.35 10.06 9.40 9.13 13.86 14.45 13.50 14.27 13.17 13.37 11.28 10.21 10.92 12.07 12.52 11.48 11.33 10.31 9.77 11.10 11.70 13.54 12.51 12.92 12.77 12.31 12.31 11.20 11.49 12.26 12.77 11.74 11.40 11.10 10.49 9.81 9.29 10.15 10.15 10.05 11.23 10.63 10.99 10.50 10.85 9.68 10.03 9.35 10.06 9.40 9.13 8.95 -7.760 -4.103 7.041 -5.367 8.359 -1.497 18.502 10.452 -6.500 -9.487 -3.622 9.107 1.281 9.867 5.611 -12.043 -5.141 -13.548 8.204 -3.134 1.132 3.733 0.000 9.915 -2.520 -6.279 -3.946 8.707 2.980 2.721 5.788 6.972 5.651 -8.545 0.000 1.018 -10.469 5.647 -3.359 4.697 -3.209 12.121 -3.537 7.296 -7.052 6.983 2.964 2.016 4/1/1997 3/3/1997 2/3/1997 1/2/1997 12/2/1996 11/1/1996 10/1/1996 9/3/1996 8/1/1996 7/1/1996 6/3/1996 5/1/1996 4/1/1996 3/1/1996 2/1/1996 1/2/1996 12/1/1995 11/1/1995 10/2/1995 9/1/1995 8/1/1995 7/3/1995 6/1/1995 5/1/1995 4/3/1995 3/1/1995 2/1/1995 1/3/1995 12/1/1994 11/1/1994 10/3/1994 9/1/1994 8/1/1994 7/1/1994 6/1/1994 5/2/1994 4/4/1994 3/1/1994 2/1/1994 1/3/1994 12/1/1993 11/1/1993 10/1/1993 9/1/1993 8/2/1993 7/1/1993 6/1/1993 5/3/1993 8.95 8.89 9.34 9.70 9.04 9.02 8.11 8.50 7.75 7.62 7.62 8.00 7.74 8.07 7.95 7.95 7.92 7.56 7.87 7.58 7.02 7.11 6.92 6.99 8.22 7.97 8.11 7.57 7.58 7.13 7.44 7.60 7.09 6.56 7.12 7.14 6.73 7.19 7.19 7.68 7.80 7.80 8.21 7.67 7.96 7.73 8.60 8.25 8.89 9.34 9.70 9.04 9.02 8.11 8.50 7.75 7.62 7.62 8.00 7.74 8.07 7.95 7.95 7.92 7.56 7.87 7.58 7.02 7.11 6.92 6.99 8.22 7.97 8.11 7.57 7.58 7.13 7.44 7.60 7.09 6.56 7.12 7.14 6.73 7.19 7.19 7.68 7.80 7.80 8.21 7.67 7.96 7.73 8.60 8.25 8.39 0.677 -4.789 -3.690 7.310 0.197 11.160 -4.583 9.773 1.617 0.022 -4.793 3.378 -4.105 1.522 0.000 0.419 4.762 -3.922 3.778 7.990 -1.196