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Form a long-short portfolio by going long (buying) high B/M portfolio and going short (selling) the low B/M portfolio. The return to this long-short portfolio

Form a long-short portfolio by going long (buying) high B/M portfolio and going short (selling) the low B/M portfolio. The return to this long-short portfolio would be return on BM5 return on BM1 each month. Calculate average returns for BM5, BM1 and the BM5-BM1 portfolios and plot the monthly returns over time. Would you have consistently made money using the long short strategy? What were the average returns for the years 1998-2000? What were the returns over the 2001-2003? What was special about these two time periods? How has value (high B/M) done over the past 10 years and during the pandemic since March 2020? Why

BM1 BM2 BM3 BM4 BM5
4.88% 1.76% 3.84% 4.35% 5.39%
0.36% 0.45% 1.38% 0.83% 0.97%
-1.21% -1.46% -1.13% -0.02% 0.93%
4.38% 2.07% 2.96% 2.85% 4.56%
-0.72% 0.77% -0.53% -0.51% -2.68%
-4.68% -4.26% -6.16% -5.44% -7.16%
1.61% 0.52% 2.31% 3.56% 5.04%
3.43% 1.86% 4.17% 2.38% 3.44%
3.90% 2.62% 2.30% 3.74% 3.50%
3.26% 0.93% 3.35% 4.73% 6.22%
0.04% -0.89% 2.02% 0.99% 1.26%
1.12% 0.21% 1.67% 3.02% 4.19%
-0.13% 0.01% 2.55% 4.15% 5.02%
-0.97% -1.82% -0.60% -0.13% 0.97%
-1.35% -3.09% -1.62% -2.48% -3.77%
2.35% 2.12% 1.92% 4.07% 2.42%
-4.41% -4.40% -5.58% -7.83% -8.08%
-1.83% -1.24% -0.21% 1.23% -0.38%
-1.61% -1.54% -0.82% 0.09% -1.56%
-7.57% -8.64% -6.22% -7.03% -8.82%
-1.32% 0.50% 0.19% -0.42% -1.35%
2.42% 4.92% 7.90% 5.24% 3.78%
4.30% 2.11% -1.66% -0.17% 0.18%
-0.33% 0.77% 1.43% 0.79% 0.36%
8.34% 7.92% 6.33% 9.74% 14.72%
2.41% 0.73% -0.44% -0.01% 0.08%
4.50% 3.57% 3.68% 5.21% 5.40%
6.79% 3.03% 0.91% 3.77% 2.40%
-5.15% -3.23% -3.55% -2.84% -2.62%
1.94% 1.59% 2.31% 4.39% 4.66%
4.58% 5.59% 2.93% 6.84% 8.26%
-0.70% -0.92% -1.19% 0.72% 1.74%
3.95% 3.10% 3.29% 3.36% 1.26%
-0.77% -4.02% -2.94% -4.16% -5.28%
1.54% 0.40% 0.21% -0.40% -0.31%
2.34% 3.38% 2.96% 5.78% 4.87%
-6.31% -4.66% 0.15% -0.65% -0.72%
-3.53% -2.67% -2.44% -4.00% -3.44%
2.70% -1.17% -0.53% -0.86% 0.77%
11.33% 8.01% 4.71% 11.26% 12.42%
2.95% 2.29% 0.41% 2.77% 6.33%
-0.17% 1.18% 3.89% 2.58% -0.95%
-5.41% -1.77% 0.58% 0.37% 0.26%
1.34% 1.19% 2.02% 1.83% 3.63%
2.97% 5.64% 3.01% 4.85% 7.31%
-1.48% 1.81% 2.03% 3.11% 1.42%
6.55% 4.30% 6.21% 5.46% 5.49%
-4.68% -3.94% -3.03% -2.82% -2.27%
-2.18% -0.47% 0.44% -0.38% 0.94%
-4.60% -4.53% -5.26% -5.34% -7.01%
4.13% 2.12% 3.29% 1.95% 4.26%
3.45% 1.21% 0.78% 2.30% 1.21%
-0.43% 0.28% 0.99% 1.35% -0.23%
-3.14% -7.61% -7.89% -7.40% -9.05%
-5.25% -6.89% -6.70% -7.67% -6.16%
7.41% 5.13% 4.19% 4.12% 2.30%
-0.32% -2.07% -2.43% -4.92% -4.26%
6.87% 5.93% 5.64% 3.42% 4.33%
-1.97% -3.98% -3.86% -4.64% -2.90%
0.23% -2.22% -2.06% -2.25% -5.26%
-8.33% -7.19% -7.76% -8.48% -4.14%
3.57% 4.72% 7.99% 7.11% 7.83%
-2.96% -0.41% 2.12% 0.67% 1.51%
-12.37% -10.10% -9.69% -7.81% -8.53%
-8.74% -6.97% -6.29% -1.97% -4.97%
-6.24% -4.46% -4.04% -2.66% -8.16%
4.76% 8.24% 8.67% 10.17% 7.26%
4.26% 6.01% 4.56% 5.08% 6.39%
8.21% 2.92% 1.97% 1.28% 6.28%
-0.86% -2.10% -3.89% -0.69% -4.55%
4.79% 5.46% 5.06% 5.95% 4.52%
5.00% 6.98% 8.01% 5.94% 7.76%
4.62% 5.59% 4.82% 4.27% 8.28%
2.67% 1.19% 0.96% 0.91% 1.52%
6.23% 4.11% 4.86% 1.81% 3.12%
3.60% 4.94% 1.28% 2.82% 6.73%
-2.59% -4.13% -4.33% -4.73% -4.07%
1.15% -0.42% 0.06% 0.55% -1.79%
-4.17% -4.16% -3.60% -3.85% -5.98%
5.53% 4.69% -0.34% 2.77% 10.74%
0.53% -0.86% -1.09% -1.25% -2.89%
-3.71% -4.96% -3.42% -3.44% -5.24%
0.86% -0.10% -0.73% -0.84% -2.41%
9.06% 9.76% 9.17% 7.80% 11.00%
3.08% 1.70% 0.41% 2.15% 8.48%
4.75% 2.49% 1.35% 0.83% 1.15%
2.43% 0.76% -2.15% -1.08% 1.00%
0.73% 0.81% -0.19% 0.49% 0.65%
3.23% -0.94% 1.83% 0.34% -1.86%
-1.01% -2.81% -2.70% -2.84% -5.86%
0.87% -2.01% -0.89% -1.14% -2.07%
0.57% 5.17% 5.90% 7.74% 5.55%
-0.10% -2.18% -1.57% 0.86% -3.71%
0.58% 0.47% 1.81% 2.11% -0.04%
2.04% 6.56% 6.74% 7.70% 11.00%
3.28% -0.46% -0.83% -0.39% -2.89%
-2.25% -4.88% -2.71% -0.34% -4.18%
-3.02% -4.53% -5.25% -5.50% -3.95%
-1.24% -1.82% 0.56% 0.95% 0.67%
-6.52% -4.64% -2.66% -1.33% -3.85%
-0.65% -3.03% -1.90% -3.33% -6.13%
-0.83% -1.20% -0.41% -0.82% -2.52%
7.02% 7.10% 1.72% 2.77% 6.90%
-3.47% -2.63% -3.63% -2.74% -0.70%
1.47% 8.95% 9.20% 8.71% 9.04%
-0.10% -0.48% 0.48% -2.13% 1.99%
-12.44% -14.68% -12.08% -8.47% -12.47%
-1.85% 0.94% 6.27% 3.88% 6.46%
-1.51% 2.00% -0.79% 3.03% 5.31%
-1.43% 1.32% -0.28% 2.34% 3.30%
-1.62% -3.02% -2.59% -3.00% -2.59%
-3.59% -5.14% -5.13% -6.06% -3.90%
-1.27% -5.31% -5.78% -4.29% -7.50%
-1.71% -2.91% -2.07% -2.63% -0.58%
-10.64% -4.35% -3.42% -3.26% -2.88%
-10.12% -8.11% -5.43% -7.38% -7.19%
-14.43% -9.24% -5.23% -5.68% -7.32%
22.04% 13.34% 12.19% 9.66% 6.55%
-4.43% -2.98% -3.64% -3.36% -5.10%
-3.95% -0.76% -0.33% -2.70% -4.97%
10.27% 16.23% 16.65% 22.42% 25.24%
9.28% 2.81% 3.34% 2.93% 1.46%
3.15% 3.17% 0.74% 6.25% 6.73%
5.74% 4.53% 1.66% 4.82% 4.06%
5.38% 8.14% 5.00% 3.08% 3.89%
3.88% 7.13% 5.56% 7.87% 6.60%
-7.89% -4.35% -4.15% -4.47% -3.84%
-2.36% -2.35% -2.50% -0.93% -5.04%
-4.53% -1.81% -2.91% -3.88% -4.47%
6.81% 5.43% 4.67% 5.53% 3.52%
3.22% 2.54% 3.28% 4.07% 4.13%
-2.56% 0.65% 0.24% 0.01% 0.56%
11.36% 10.82% 15.23% 18.59% 22.77%
-1.71% 2.12% 1.82% 3.57% 10.37%
2.73% 3.07% 2.51% 2.01% 2.69%
-2.15% -0.06% 0.65% -0.45% -1.59%
-1.18% 0.02% -1.01% -2.51% -1.74%
4.42% 4.16% 5.81% 5.59% 4.19%
-1.61% 0.15% 0.33% 0.16% 1.47%
-0.59% 0.16% 1.47% -0.94% -0.85%
1.75% 3.77% 3.10% 3.32% 0.92%
-2.53% -2.14% -0.84% -2.30% -2.99%
-0.81% 1.16% 2.32% 2.46% 4.00%
4.38% 7.52% 6.26% 8.68% 9.10%
-7.02% -2.56% -0.87% -0.05% 2.15%
-1.52% -2.71% -1.05% -1.35% -1.41%
-1.52% -1.05% -0.77% -0.15% 1.36%
-1.84% 1.95% 1.59% 3.30% 3.45%
-2.08% -0.75% 0.55% -0.93% -0.93%
6.17% 4.52% 3.70% 5.06% 5.70%
-1.10% -2.43% -0.77% -0.21% -2.27%
0.96% -2.74% -2.41% -3.65% -2.81%
-0.48% -0.33% 1.79% 0.49% -0.09%
-4.34% -3.68% -4.30% -2.42% -3.10%
4.22% 4.49% 4.16% 4.25% 7.15%
0.33% 1.12% 1.15% 0.49% 1.10%
-6.13% -6.71% -5.00% -4.26% -1.61%
-2.52% -0.85% 1.68% -0.08% -0.50%
1.97% 4.45% 3.89% 3.75% 6.09%
11.37% 8.30% 5.37% 5.42% 6.97%
2.21% 2.53% 1.29% 1.89% 4.51%
-1.13% -2.24% -1.16% -0.73% -0.11%
7.26% 5.07% 4.17% 4.79% 6.22%
3.91% 4.68% 4.79% 3.86% 4.24%
-3.12% -0.27% 1.31% 0.18% -0.19%
-11.05% -11.89% -9.07% -11.22% -15.83%
3.44% 3.24% 3.74% 3.29% 3.34%
3.22% 1.43% 0.61% 0.59% 0.43%
3.30% 5.56% 4.82% 6.52% 8.47%
-4.02% -2.57% -2.40% -2.15% -2.81%
6.03% 7.03% 5.41% 6.90% 8.48%
0.44% 0.90% 0.24% 1.55% 1.19%
-2.06% -1.12% -1.32% -0.89% -1.25%
2.96% 5.35% 5.15% 6.54% 5.12%
0.28% 2.17% 2.01% 1.92% 3.53%
6.96% 7.21% 4.93% 5.48% 6.53%
-1.18% 0.58% 1.01% -0.34% -0.65%
-6.88% -6.47% -6.60% -8.19% -9.42%
6.81% 7.23% 5.05% 6.86% 3.78%
3.10% 3.98% 0.77% 1.66% 3.94%
4.63% 7.33% 6.09% 6.16% 9.48%
-3.57% 0.23% 2.21% -0.70% 0.11%
-9.20% -12.41% -11.00% -11.85% -15.37%
3.81% 4.28% 5.84% 8.04% 4.52%
5.76% 5.84% 6.06% 5.38% 7.64%
3.19% 4.36% 2.60% 4.46% 2.28%
11.59% 6.72% 4.76% 3.81% 5.78%
3.62% 1.90% 1.93% 1.85% 1.05%
4.01% 5.34% 3.12% -0.58% 0.34%
1.72% 3.81% 3.86% -1.14% 0.81%
11.56% 13.52% 14.96% 4.41% 2.70%
-1.54% -5.26% -4.70% -1.07% -0.65%
-5.87% -6.29% -4.94% 0.37% 2.35%
2.37% 2.03% 0.55% 2.54% 1.38%
4.84% 4.14% 2.17% 5.26% 7.80%
-1.28% -2.85% -1.58% 1.98% 0.33%
2.47% -0.95% -0.58% 2.84% 2.22%
-4.92% 0.64% 2.42% 0.28% 0.20%
0.93% 1.66% -2.16% -2.25% -0.72%
-7.04% -6.70% -5.40% -5.29% -1.91%
-7.62% -6.25% -6.12% -2.98% -1.76%
8.77% 7.43% 3.93% 2.99% 4.61%
3.03% 5.33% 4.72% 4.78% 4.24%
-2.87% -3.06% -3.01% -1.98% -1.99%
-2.16% -3.74% -3.05% -1.57% 0.60%
-7.42% -6.76% -2.75% -1.20% -2.20%
-3.28% 0.17% -1.01% 1.63% 1.78%
6.53% 4.33% 3.40% 3.79% 2.34%
-4.05% -2.13% -2.28% -2.89% -1.60%
-3.32% -1.30% -0.75% -1.61% -1.83%
-0.39% -3.24% -3.63% -2.18% -1.82%
10.82% 11.57% 12.12% 13.07% 11.73%
2.07% 2.38% 2.73% 0.76% 1.11%
13.14% 12.02% 11.17% 11.60% 9.11%
7.81% 5.17% 3.02% 3.81% 4.98%
1.77% 0.27% 1.18% 0.40% 4.04%
3.91% 3.59% 3.88% 5.42% 3.29%
3.29% 3.95% 3.82% 1.94% 4.00%
2.64% 3.17% 4.57% 4.16% 3.69%
6.49% 6.31% 8.46% 8.55% 7.13%
1.68% 0.43% 1.32% -0.44% 2.15%
5.82% 5.34% 3.14% 1.26% 1.69%
-5.11% -4.98% -2.61% -0.32% -1.38%
-1.90% -1.40% -0.34% 3.21% 5.10%
2.49% 2.02% 2.27% 0.30% 1.29%
-4.63% -3.15% -1.05% -0.65% -0.95%
2.74% 3.23% 3.35% 2.50% 1.79%
-1.31% -0.24% -2.00% -0.94% 0.38%
-6.01% -1.58% 0.25% 1.18% 4.98%
-4.70% -6.11% -4.60% -2.69% -1.01%
1.26% 2.29% 0.66% 1.73% 0.18%
0.51% -0.26% 0.81% 0.61% 1.15%
-5.16% -3.81% -5.88% -4.27% -6.10%
4.06% 5.06% 1.93% -0.24% 3.98%
-1.61% -2.71% -0.84% -3.42% -1.98%
11.90% 11.08% 10.67% 11.20% 11.59%
-2.86% -1.15% 0.13% 1.83% 3.42%
-0.16% 1.49% 1.13% -0.57% -0.68%
-3.22% -0.97% -1.30% -0.26% 1.48%
2.70% 2.34% 2.46% 2.87% 1.72%
11.19% 9.59% 8.18% 7.42% 5.31%
1.18% 2.08% 1.84% 2.44% 2.11%
-2.30% -0.23% -0.66% 1.07% 2.20%
-1.72% -2.31% -0.89% 1.38% 2.37%
5.60% 6.64% 7.31% 5.12% 4.66%
1.06% 2.46% 1.85% 1.21% 2.34%
0.69% 0.49% -0.35% -1.27% -1.33%
-1.86% -0.22% -0.09% 0.22% 0.59%
-4.59% -3.36% -2.78% -3.83% -4.11%
3.84% 4.39% 4.58% 5.48% 5.63%
9.38% 7.71% 7.55% 4.52% 5.01%
6.05% 4.07% 4.25% 3.41% 4.38%
0.80% 1.41% 1.60% -0.33% 1.96%
7.53% 9.50% 8.02% 6.81% 7.03%
5.63% 6.70% 5.66% 4.80% 4.71%
0.92% -0.17% -1.54% -2.14% -2.81%
5.27% 5.28% 4.34% 5.90% 5.10%
1.81% 1.32% 1.07% 1.21% 2.70%
-7.86% -6.82% -6.02% -3.29% -3.46%
4.22% 5.87% 6.00% 9.58% 9.94%
-9.82% -9.16% -6.99% -7.28% -6.18%
5.08% 6.11% 5.32% 4.59% 5.26%
1.98% 1.49% 1.86% 1.61% 1.38%
-2.35% -2.50% -3.89% -2.71% -2.78%
13.38% 14.95% 10.87% 12.12% 11.61%
8.35% 6.54% 4.09% 0.88% 0.24%
1.45% 2.21% 0.90% 2.81% 3.68%
-1.85% -1.64% -2.52% -1.13% -0.95%
1.63% -0.30% -0.13% 0.53% 0.63%
4.19% 4.49% 5.46% 4.87% 4.81%
5.13% 3.48% 5.42% 2.94% 3.89%
4.49% 4.74% 3.54% 4.30% 2.37%
-2.29% -3.24% -0.67% -1.90% -2.22%
-23.75% -24.66% -23.30% -16.75% -21.12%
-8.95% -7.42% -7.02% -6.63% -6.16%
9.09% 8.22% 7.96% 3.58% 5.77%
2.07% 2.44% 5.09% 8.16% 8.07%
5.55% 6.62% 5.49% 2.98% 3.91%
-2.99% -2.10% -1.88% -2.49% 0.37%
-0.48% 1.05% 1.64% 1.71% 2.17%
-0.44% -0.19% -0.51% 1.95% 1.96%
4.99% 6.99% 5.86% 3.57% 4.30%
-1.56% -1.61% 0.27% -0.08% 0.55%
-3.06% -4.52% -1.93% -1.06% -1.90%
5.21% 4.18% 2.47% 3.40% 3.88%
0.86% 3.87% 1.19% 1.83% 3.14%
-2.06% -1.66% -2.38% -0.84% -0.55%
2.91% 2.50% 1.98% 1.15% 0.75%
7.01% 6.48% 6.02% 6.08% 7.73%
-2.33% -1.82% -1.69% -0.95% -1.10%
2.43% 0.91% 3.46% 2.49% 1.94%
5.97% 5.21% 4.52% 4.45% 4.07%
4.70% 3.28% 4.10% 4.30% 3.97%
-1.13% -0.75% -0.83% -0.16% 1.27%
10.00% 8.78% 6.20% 6.80% 5.94%
0.90% 2.52% 3.09% 2.41% 2.36%
1.09% -1.13% -0.46% 0.36% -0.30%
-1.09% -3.90% -4.03% -3.42% -2.04%
1.81% 2.23% 1.95% 1.09% 0.91%
0.92% 1.01% 3.27% 3.84% 0.98%
-7.77% -6.20% -7.17% -7.55% -6.86%
0.64% 1.96% 2.30% 1.54% 2.33%
4.11% 3.77% 0.88% 1.11% 0.71%
-0.59% -1.87% -4.04% -4.31% -4.69%
11.17% 10.29% 7.79% 6.33% 7.46%
2.63% -1.70% -1.98% -2.87% -0.19%
-1.55% -1.55% 0.80% -2.09% -2.60%
-9.42% -10.84% -7.63% -9.45% -10.60%
-5.74% -5.77% -3.03% -6.89% -7.54%
0.58% -2.43% -1.99% -0.83% -1.03%
7.11% 7.75% 6.47% 6.89% 4.77%
3.52% 3.85% 2.09% 2.94% 1.73%
5.98% 5.98% 3.01% 5.87% 4.89%
8.45% 7.75% 6.04% 7.15% 8.19%
4.93% 2.45% 0.98% 3.04% 2.76%
-0.26% 0.04% 0.67% 1.53% 0.12%
4.26% 4.78% 2.60% 4.06% 5.52%
-4.54% -5.39% -3.93% -3.99% -4.05%
6.20% 3.17% 4.15% 4.67% 3.21%
4.07% 1.09% 2.83% 2.15% 3.11%
-1.67% -1.08% -0.69% 0.09% -2.20%
1.73% 0.96% 1.88% 2.74% 2.37%
-1.59% -5.34% -4.83% -3.63% -6.84%
14.82% 8.89% 8.20% 7.38% 11.10%
-2.01% -0.85% -0.34% 1.64% 8.39%
0.11% 0.28% 2.29% 3.69% 8.19%
-3.49% -1.79% -0.58% -1.06% -0.90%
-0.94% 4.08% 3.41% 2.20% 4.38%
0.92% 0.38% 0.54% 0.38% 1.31%
-3.22% -0.83% -2.16% -0.58% 0.06%
4.81% 3.75% 4.51% 3.60% 1.21%
-1.09% -2.94% -0.95% -2.91% -6.47%
0.85% 3.27% 1.15% 0.41% 0.66%
2.67% 1.66% -0.94% -0.61% 1.42%
4.76% 5.31% 1.77% 3.37% 6.88%
-0.09% 3.17% 3.20% 1.44% 3.74%
-1.82% 1.44% 1.53% 3.29% 7.53%
-3.87% 1.56% 4.04% 3.92% 2.17%
1.21% 3.65% 3.42% 1.52% 3.58%
-5.60% -2.40% -0.71% -1.62% -0.44%
4.08% 4.57% 1.69% 1.67% 1.27%
-1.85% 0.90% 1.73% 1.60% 3.75%
-2.94% 0.41% 1.01% 2.46% 0.72%
4.06% 2.84% 4.21% 4.17% 3.14%
-0.06% -0.45% 0.23% 1.15% -1.36%
3.88% 0.57% 0.00% -0.53% 3.62%
0.30% -2.04% -2.83% -3.32% 0.27%
1.00% 3.20% 1.64% 1.65% 2.85%
1.61% 3.51% 4.36% 2.87% 5.39%
-1.60% -1.14% -2.62% -4.20% -3.92%
-5.14% -4.22% -3.36% -4.30% -4.15%
0.71% -0.39% 2.57% 1.34% 1.85%
0.50% 2.26% 1.31% 0.26% 0.35%
-3.22% -2.98% -1.98% -1.71% -3.15%
2.57% 2.97% 4.02% 3.55% 3.08%
6.72% 3.41% 2.13% 3.79% 3.31%
-0.36% -3.20% -2.55% -2.81% -3.86%
2.68% 1.38% 2.71% 1.20% -0.94%
-2.41% -4.48% -3.15% -4.75% -4.41%
0.82% 2.04% 0.79% 1.71% 1.86%
2.07% 2.55% 3.20% 2.02% 1.43%
3.57% 4.62% 3.09% 4.19% 5.72%
2.98% 3.08% 2.38% 2.10% 1.57%
2.09% 2.25% 2.87% 3.17% 4.29%
3.34% 2.51% 4.02% 4.47% 4.95%
4.74% 2.30% 1.05% 2.50% 2.49%
4.22% 3.90% 4.14% 4.09% 3.63%
0.17% 1.15% 0.45% 1.99% 4.00%
5.20% 3.29% 2.14% 4.40% 2.54%
-0.33% -0.52% -0.53% -2.71% -3.62%
4.60% 2.76% 4.15% 6.06% 4.95%
0.43% 1.96% 3.16% 1.50% 1.97%
3.06% 2.51% 2.53% 2.72% 2.50%
1.96% 1.80% 1.60% 1.37% 1.69%
0.20% 1.35% 1.35% 2.09% 2.65%
2.82% 3.48% 2.05% -0.05% 1.01%
4.43% 1.28% 1.01% 2.50% 2.85%
-0.33% -0.59% -0.19% -0.41% -2.16%
-6.51% -4.95% -3.75% -4.31% -5.15%
2.47% 2.81% 4.39% 3.60% 3.56%
7.02% 4.58% 4.26% 3.50% 2.32%
0.14% 1.18% 3.56% 3.75% 3.89%
6.92% 6.33% 7.49% 7.14% 6.42%
-1.97% -0.10% -1.61% -0.43% -0.51%
6.90% 5.06% 4.59% 3.72% 3.89%
-0.54% -0.55% 0.06% 2.47% 2.68%
-5.88% -3.02% -2.81% -4.44% -4.27%
6.70% 3.05% 4.23% 3.07% 2.37%
7.36% 7.71% 5.56% 6.31% 6.60%
4.13% 3.88% 4.89% 4.81% 3.66%
7.69% 7.52% 8.89% 6.44% 7.95%
-5.63% -2.54% -3.62% -2.74% -0.88%
5.20% 5.73% 6.37% 6.77% 6.29%
-3.10% -4.16% -3.15% -2.49% -3.37%
4.11% 3.92% 2.64% 3.59% 1.71%
0.75% 1.42% 3.25% 3.77% 3.67%
3.14% -0.29% -3.00% -0.88% 0.57%
7.51% 6.50% 8.53% 6.88% 8.46%
4.51% 5.10% 5.28% 6.01% 6.90%
1.07% 1.50% 1.31% 0.92% 1.49%
-3.01% -2.21% -3.12% -1.75% 1.42%
6.79% 1.07% 1.88% 2.04% 1.66%
-0.94% -1.67% -3.77% -5.17% -2.86%
-14.33% -16.83% -17.27% -13.74% -15.75%
8.50% 4.64% 5.18% 3.09% 5.87%
7.55% 8.85% 7.18% 5.67% 5.38%
7.69% 6.15% 4.30% 4.83% 5.08%
9.37% 4.19% 2.34% 1.95% 4.00%
5.79% 2.45% -0.88% -0.96% 2.65%
-5.01% -2.81% -0.05% -3.03% -3.67%
4.58% 1.75% 4.55% 2.34% 0.43%
0.48% 9.33% 8.23% 8.35% 6.76%
-3.12% -0.17% -1.04% 1.05% 0.10%
6.76% 5.44% 2.83% 1.28% 1.60%
-2.97% -3.33% -3.44% -2.03% -3.43%
0.56% -3.80% -2.39% -3.61% -1.86%
-1.60% -2.86% -5.66% -6.30% -4.23%
6.42% 8.48% 5.15% 1.84% 2.43%
5.22% -0.13% -2.58% -2.13% 2.38%
9.37% 3.06% 1.74% 3.28% 3.71%
-4.83% -3.12% -4.41% -4.56% -3.38%
3.14% -2.41% -5.76% -0.97% 0.59%
7.21% 9.78% 9.00% 9.20% 8.18%
-5.04% -3.56% 2.03% 0.24% 0.53%
-4.15% -0.24% 1.97% -1.18% -2.83%
6.57% -2.25% -4.92% -3.03% -0.38%
-3.39% -0.23% 4.56% 5.16% 2.33%
7.76% 7.29% 8.38% 4.61% 8.83%
-6.32% -2.26% 2.51% 3.91% -2.68%
-2.58% 1.37% -2.24% 1.02% 0.40%
-11.23% -5.10% -3.86% -0.84% -3.34%
-1.02% 8.61% 8.49% 9.36% 6.89%
3.74% 3.01% 2.67% -0.32% 4.81%
-12.23% -2.96% -0.53% 1.42% 1.54%
-8.68% -2.62% -1.16% -1.31% -1.63%
9.45% 5.62% 4.24% 4.70% 6.45%
0.32% 2.15% 3.16% 1.98% 5.01%
-1.74% -2.71% 0.26% -1.12% 1.97%
-2.17% -1.16% -1.89% -1.28% 2.49%
-7.29% -4.14% -3.08% -5.38% -6.23%
-8.31% -10.08% -8.48% -12.02% -8.99%
4.06% 1.01% -0.13% 2.41% -5.35%
8.12% 6.70% 5.70% 10.18% 11.45%
0.48% 3.50% 4.55% 1.87% 3.94%
-1.10% -1.89% -0.48% 0.45% -2.50%
-3.00% 0.34% -0.06% -1.11% -4.96%
3.44% 6.10% 5.07% 6.54% 6.61%
-7.54% -2.49% 0.65% -0.35% -6.17%
-1.73% -0.37% -0.63% 0.65% -3.66%
-7.69% -5.40% -5.49% -7.42% -8.56%
-5.91% -10.19% -9.02% -11.10% -15.22%
0.15% 0.03% 1.32% 2.66% 4.60%
-10.74% -10.71% -8.91% -8.90% -10.52%
9.36% 9.25% 3.60% 5.24% 5.10%
5.31% 6.71% 5.99% 7.09% 8.93%
-6.49% -5.77% -3.31% -4.31% -5.92%
-2.68% -2.84% -1.61% -4.12% -3.97%
-0.86% -3.29% -2.63% -3.15% -4.88%
1.98% 0.09% 0.88% -0.08% -2.27%
7.41% 9.28% 8.86% 9.96% 11.48%
5.02% 7.41% 7.50% 7.93% 8.56%
1.10% 1.86% 1.94% -0.14% 4.47%
1.71% 4.08% 2.01% 1.54% 3.63%
2.28% 1.55% 2.01% 3.64% 6.10%
-0.75% -1.49% -1.12% -2.57% -1.15%
4.49% 7.63% 8.05% 7.51% 7.77%
1.03% 1.10% 1.68% 2.10% 4.65%
4.09% 4.55% 4.34% 5.49% 5.47%
1.60% 1.66% 3.16% 2.38% 5.33%
1.10% 2.15% 1.50% 1.85% 2.10%
-1.94% -0.59% -1.10% 0.21% -0.67%
0.00% -3.44% -3.22% -3.11% -3.71%
1.35% 1.28% 0.89% 0.74% 1.49%
1.46% 2.02% 1.19% 3.34% 4.04%
-5.42% -2.59% -2.22% -2.85% -2.08%
-0.62% 1.04% 0.79% 0.74% -0.07%
0.67% 2.04% 2.81% 1.98% 3.88%
1.73% 1.21% 2.75% 0.45% 1.65%
3.55% 5.16% 6.53% 4.81% 7.53%
3.95% 3.04% 2.04% 4.92% 3.03%
-3.28% -2.06% -2.30% -2.18% -0.92%
0.82% 4.11% 2.72% 1.28% 4.49%
-1.41% -3.21% -0.88% -0.92% -1.05%
-1.64% -2.96% -3.19% -2.18% -3.62%
4.27% 3.59% 2.78% 3.26% 4.60%
-1.10% 1.54% 2.34% 2.35% 3.34%
4.96% 3.65% 2.34% 4.60% 4.82%
-1.64% -0.87% -0.73% 0.53% -0.88%
-0.13% 1.09% 1.42% 1.47% 1.84%
-0.69% -3.12% -1.65% -2.00% -2.09%
3.99% 4.40% 3.94% 3.49% 2.86%
-0.69% 0.27% 0.75% 0.76% -0.02%
2.24% 3.54% 3.12% 5.45% 4.92%
-0.08% 0.22% 0.68% -0.18% -0.55%
1.48% 2.39% 1.88% 1.75% 1.91%
-0.74% 1.64% 2.35% 1.80% 4.01%
-3.55% -3.10% -2.75% -1.85% -2.74%
0.20% -0.81% 0.26% 0.92% 0.54%
-1.88% 0.41% 0.15% 0.70% 1.39%
3.81% 2.16% 2.31% 0.85% 1.27%
2.40% 2.50% 1.64% 2.01% 3.02%
3.59% 2.83% 3.95% 3.60% 4.76%
1.40% 2.63% 2.78% 2.27% 1.37%
-0.25% 1.04% 2.66% 2.40% 3.06%
2.42% 1.49% 1.14% 0.82% 3.13%
-2.00% -1.11% -2.05% -1.00% -1.61%
0.72% 1.17% 2.13% 0.93% 1.16%
4.94% 4.06% 3.85% 2.84% 3.22%
2.95% 4.09% 3.98% 3.74% 3.31%
-1.37% -0.88% -1.99% -2.81% -1.70%
-1.70% -2.12% -4.96% -5.00% -6.14%
1.79% 2.14% 1.31% 1.33% -0.78%
4.63% 3.50% 2.52% 2.36% 3.05%
4.30% 1.76% 1.11% 0.97% -0.52%
-4.04% -3.12% -5.65% -5.41% -6.39%
-0.83% 0.20% -1.21% -1.05% -0.02%
-8.30% -5.22% -5.14% -3.92% -3.95%
-2.51% -1.69% -3.59% -4.30% -5.60%
-0.06% 1.04% -3.48% -2.65% 0.21%
3.82% 3.96% 6.79% 4.77% 5.55%
3.78% 0.56% 1.87% 0.22% 2.07%
-7.12% -7.33% -8.89% -11.13% -10.99%
-1.05% -1.62% -1.82% 2.16% 5.05%
1.29% 1.74% 2.49% -0.28% 3.29%
-10.05% -9.34% -7.97% -7.69% -5.57%
-15.70% -16.42% -15.04% -24.64% -18.63%
-6.62% -5.55% -7.47% -12.43% -15.48%
2.01% 1.79% 1.33% -0.27% 4.48%
-3.59% -9.24% -10.33% -15.68% -15.24%
-7.76% -9.32% -11.62% -17.13% -13.66%
8.15% 8.61% 9.52% 10.66% 11.70%
7.78% 8.77% 11.97% 14.32% 20.23%
4.97% 4.83% 4.61% 6.68% 4.99%
2.02% -1.00% -0.24% -0.59% -0.43%
6.09% 8.73% 8.21% 9.60% 11.27%
1.30% 3.98% 2.82% 5.85% 13.32%
3.95% 2.98% 5.02% 5.66% 4.48%
-0.58% -1.60% -3.76% -4.76% -9.09%
6.58% 5.01% 3.98% 4.55% 5.19%
1.70% 3.35% 4.09% 3.47% 3.43%
-4.04% -3.50% -1.91% -4.18% -2.02%
2.75% 3.51% 3.05% 4.56% 6.54%
5.56% 5.68% 6.92% 6.76% 9.57%
0.82% 3.05% 2.48% 1.43% 5.05%
-7.17% -7.67% -8.91% -7.88% -9.50%
-4.04% -6.62% -4.39% -7.69% -10.51%
6.92% 6.13% 7.78% 7.33% 5.90%
-4.24% -4.29% -3.37% -5.70% -8.16%
10.63% 9.36% 9.31% 7.81% 8.48%
4.67% 4.46% 4.03% 2.13% 0.77%
-0.10% 2.81% 0.25% 0.54% -1.41%
4.69% 6.52% 7.22% 8.82% 12.07%
1.35% 3.22% 2.24% 2.41% 2.23%
2.36% 4.14% 4.94% 3.95% 4.22%
0.39% 0.80% 1.87% -0.17% -1.16%
3.63% 3.90% 2.86% 1.15% 1.18%
-0.08% -1.98% -1.40% -2.30% -2.70%
-1.24% -1.89% -2.09% -1.60% -2.53%
-0.80% -2.11% -2.20% -3.83% -4.88%
-4.70% -5.43% -7.60% -4.93% -10.55%
-6.94% -6.42% -8.59% -6.71% -12.51%
10.42% 11.58% 13.60% 9.82% 14.06%
-0.65% 0.98% 0.60% 0.26% -4.35%
-0.79% 0.69% 1.56% 3.18% 1.17%
7.62% 3.25% 3.26% 2.72% 7.59%
5.05% 3.25% 3.73% 4.33% 6.11%
4.01% 1.88% 0.57% 3.45% 5.85%
-0.45% -0.75% -0.35% -0.67% -3.28%
-6.39% -5.76% -6.09% -3.51% -10.49%
2.66% 4.13% 4.34% 5.01% 5.29%
0.44% 2.11% 0.78% 1.22% -1.54%
2.96% 2.25% 1.80% 0.87% 5.90%
1.79% 2.36% 3.65% 3.17% 4.74%
-3.83% -0.88% -1.44% -1.30% 2.70%
1.80% 0.66% -0.10% -0.36% -0.57%
-0.49% 0.39% 2.04% 2.13% 6.32%
4.25% 5.59% 5.97% 6.88% 7.07%
0.87% 1.39% 1.82% 2.42% 0.65%
3.81% 3.58% 4.47% 4.54% 3.96%
1.51% 1.35% 1.74% 1.12% 2.38%
2.34% 2.72% 1.12% 2.64% 7.60%
-2.47% -0.52% -0.05% -0.39% -2.23%
5.82% 5.05% 5.17% 5.74% 6.96%
-1.07% -3.07% -3.44% -3.60% -4.16%
4.57% 3.23% 3.32% 3.57% 2.83%
4.20% 4.29% 4.49% 3.73% 4.06%
3.53% 2.97% 1.67% 2.22% 5.26%
2.43% 2.74% 3.61% 2.56% 1.96%
-3.31% -3.01% -2.88% -4.27% -4.15%
5.26% 5.04% 3.53% 4.52% 3.23%
-1.49% 0.22% 1.92% 2.92% 3.61%
0.05% -0.08% 0.90% 0.92% -1.88%
2.75% 1.44% 2.31% 1.32% 1.33%
2.21% 1.64% 2.81% 3.63% 3.65%
-2.17% -1.78% -1.28% -2.79% -2.24%
5.16% 4.75% 2.81% 2.65% 4.99%
-1.21% -1.47% -2.11% -4.27% -1.64%
2.92% 2.73% 2.61% 1.32% 1.58%
3.36% 3.48% 2.75% 0.18% 0.54%
-0.83% -0.65% -0.04% 0.77% 2.18%
-0.92% -2.69% -3.86% -3.77% -7.00%
6.70% 5.83% 6.91% 4.63% 6.10%
-0.90% -1.29% -1.35% -1.43% -1.10%
-0.41% 0.58% 0.77% 2.23% 1.27%
2.04% 0.94% 1.44% 0.59% 1.39%
-0.53% -2.58% -2.00% -2.07% -0.55%
3.22% 2.27% -0.16% -0.43% -1.06%
-6.36% -6.25% -5.56% -4.86% -6.61%
-2.51% -3.04% -3.22% -1.84% -5.63%
7.92% 8.34% 8.21% 6.37% 7.09%
0.55% 0.28% -0.22% 1.04% 2.85%
-1.50% -1.69% -3.17% -2.07% -4.92%
-6.81% -4.02% -5.65% -4.07% -10.91%
-0.10% 0.14% 1.63% 0.49% -4.44%
6.69% 6.60% 6.91% 7.70% 8.25%
-0.33% -0.79% 3.09% 1.71% 6.46%
2.09% 2.06% 2.68% 0.06% 1.36%
-0.26% 0.02% 0.81% 1.67% -5.26%
5.21% 3.65% 2.62% 1.83% 5.25%
-0.49% -0.04% 1.08% 1.78% 4.10%
0.55% 0.19% 1.15% -1.62% 0.79%
-2.78% -2.29% -1.70% -0.56% 0.45%
1.49% 4.52% 5.79% 8.61% 14.13%
1.07% 1.28% 1.63% 4.57% 3.08%
3.45% 2.33% -0.16% 0.57% 0.34%
4.76% 3.04% 2.40% 2.99% 3.42%
1.48% 0.29% -0.30% -1.29% -2.80%
1.86% 1.83% 1.02% -0.51% -0.75%
2.70% 1.65% 0.51% -1.47% -2.02%
-0.09% 0.65% 0.22% 2.95% 3.74%
2.33% 1.90% 1.48% 2.15% 2.19%
1.89% -0.05% -0.51% -0.76% -1.92%
1.30% 1.92% 4.06% 3.78% 5.40%
3.77% 1.46% 2.60% -0.20% 3.62%
3.31% 2.81% 4.29% 3.25% 2.73%
0.98% 1.08% 1.05% 1.27% 1.31%
7.52% 5.01% 5.33% 3.60% 4.66%
-1.65% -4.72% -4.94% -5.24% -2.68%
-2.31% -3.11% -1.22% -0.87% -3.24%
0.16% 0.78% 0.85% 0.33% 0.41%
4.53% 2.84% 1.92% 1.31% -0.17%
1.02% 1.29% -0.04% 0.19% -1.80%
2.73% 4.76% 3.09% 3.21% 3.81%
6.28% 2.43% 2.05% 0.60% 1.33%
0.80% 0.87% -0.90% -1.32% -1.50%
-9.53% -5.65% -6.15% -5.55% -7.68%
0.99% 3.02% 2.16% 2.35% 0.89%
-8.71% -7.90% -10.64% -10.60% -13.07%
8.85% 6.78% 10.21% 7.36% 13.00%
4.32% 3.43% 3.45% 2.10% 1.99%
2.99% 1.58% -0.54% -0.99% -3.14%
4.39% 3.16% 3.93% 5.11% 7.24%
-6.82% -6.10% -5.79% -8.36% -8.88%
7.76% 6.45% 6.71% 6.75% 7.46%
1.61% 1.77% 1.42% 0.72% 1.22%
-0.61% -2.58% -3.87% -4.39% -8.36%
-0.07% 1.76% 3.39% 5.14% 5.17%
2.95% 1.91% 1.98% 1.90% 0.79%
4.34% 4.20% 2.50% 3.39% 3.69%
3% 2% 3% 3% 4%
2% 0% -1% -5% -5%
-7% -8% -9% -11% -11%
-9% -12% -18% -22% -31%
14% 14% 11% 11% 18%
6% 6% 4% 2% 4%
5% -1% 0% -1% 3%
7% 5% 4% 2% 3%
10% 6% 3% 3% 4%
-4% -3% -2% -4% -6%
-4% 1% 1% -1% 2%
11% 10% 15% 16% 21%
6% 3% 4% 5% 7%
-1% 0% -1% 1% 5%
0% 4% 7% 9% 12%
1% 5% 5% 7% 7%
6% 5% 4% 4% 4%
-1% 1% 3% 3% 7%
6% 1% -2% -3% -3%
3% 3% 0% -1% -4%
3% 4% 1% 2% 4%
-5% -6% -4% -1% 1%
9% 5% 2% 5% 6%
0% -3% -3% -4% -6%
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