Hello again. I wasable to get an extension on due time, so hopefully you can help. I took into consideration the time needed for you to complete,as per our last discussion. So please let me know asap if you will accept or not. I appreciate it.

This assignment is for a Quantitative Methods in Finance class. We require completion of mainly the two highlighted partsof the project to be done. Specifically:

Analysis 1:

4) If you invest differently on each asset in the portfolio (design your own portfolio), find the portfolio return, portfolio volatility and the sharpie ratio. Compare this portfolio with the one in question (3).

Analysis 2:

For each stock, you need to use a word file to summarize your analysis results. It should include your choice of the index, the adequacy of the model estimation, and significance of coefficients. You can use excel or R to do the analysis. The model process should be saved in excel format or text file (R output and codes).

Attached is the project requirements, our completedexcel files and our analysis up to almost, the end. On the attached word document (Quant analysis) the highlighted sections are what's primarily left.

Essentially I am asking for your help to fill in what we are missing. My sincere thanks.

Timestamp FIN 6306 Quantitative Methods in Finance Group members: Net ID: Percentage of the work was done 25% 25% 25% 25% he work was done 25% 25% 25% 25% Weekly Returns Date IBM WMT GM AAL NOV 12/28/2015 -0.46% 0.77% 2.76% -3.33% -3.76% 12/21/2015 12/14/2015 12/7/2015 11/30/2015 2.48% 0.25% -4.17% 1.42% 3.36% -0.86% -0.50% 0.45% -1.52% -4.69% -0.33% 0.08% 6.62% -2.38% -6.40% 7.87% 4.60% -0.06% -9.02% -0.83% 11/23/2015 11/16/2015 11/9/2015 11/2/2015 10/26/2015 10/19/2015 10/12/2015 10/5/2015 9/28/2015 9/21/2015 9/14/2015 9/8/2015 8/31/2015 8/24/2015 8/17/2015 8/10/2015 8/3/2015 7/27/2015 7/20/2015 7/13/2015 7/6/2015 6/29/2015 6/22/2015 6/15/2015 6/8/2015 6/1/2015 5/26/2015 5/18/2015 5/11/2015 5/4/2015 4/27/2015 4/20/2015 4/13/2015 4/6/2015 3/30/2015 3/23/2015 3/16/2015 3/9/2015 3/2/2015 2/23/2015 2/17/2015 2/9/2015 2/2/2015 1/26/2015 1/20/2015 1/12/2015 1/5/2015 12/29/2014 12/22/2014 12/15/2014 12/8/2014 -0.03% 5.12% -4.70% -0.38% -3.18% -3.80% -1.31% 5.40% -0.58% 0.63% -1.94% 2.55% -2.89% -0.58% -4.43% 0.41% -3.45% 1.40% -7.40% 3.33% 1.13% -0.22% -0.92% 0.00% -0.24% -1.33% -1.49% -0.60% 0.34% 0.18% 2.29% 5.67% -1.34% 1.50% 0.03% -1.52% 5.57% -2.66% -2.12% -1.04% 2.03% 2.35% 2.94% -1.64% -0.81% -1.24% -1.82% -0.17% 2.42% 2.01% -4.83% -0.30% 6.47% -4.01% 2.69% -1.82% -1.00% -11.70% 2.63% 1.88% 0.69% -2.03% 1.19% -1.62% -2.40% -8.07% 1.59% -0.34% 0.56% -2.47% 0.37% 1.75% -0.36% -0.85% 0.43% -0.86% -1.63% -2.10% -4.27% 0.90% 0.54% -1.55% 2.52% -3.43% -0.10% -0.76% -2.27% 1.64% -0.24% -1.60% -0.44% -1.76% -1.74% 2.77% -3.99% 2.01% -2.89% 4.02% -1.16% 2.05% 1.61% -0.37% 5.92% -4.03% 2.41% -2.89% 8.45% 0.61% 3.84% 7.89% -3.61% 1.19% 5.68% -0.41% -2.03% -6.00% -0.79% 0.73% 1.45% 1.34% -2.39% -5.51% -3.34% -4.79% 1.12% 2.73% -2.36% 0.76% 2.26% -1.16% -0.28% -0.48% -2.87% 0.19% 0.19% -2.17% -4.01% 2.16% 4.13% -1.26% -0.90% 0.08% 4.50% 10.36% -3.35% 0.21% -5.37% 2.15% 3.29% 2.80% 3.93% -6.13% 1.50% -1.21% -2.88% -4.17% -1.69% 1.20% 4.48% 3.04% 9.81% -4.00% -7.47% 3.18% 3.82% 5.13% -2.84% -7.30% 3.35% 3.71% 1.19% -4.28% 0.46% 5.59% -5.82% -0.29% 2.09% -2.42% -1.53% -0.56% -12.45% -0.75% -0.71% -6.11% 9.38% 0.96% -2.95% -6.61% -5.56% 13.29% 2.54% 0.21% -6.12% 5.44% 0.50% -1.70% -11.87% 11.80% -4.25% -3.51% 3.75% 2.46% 1.48% -2.04% 0.24% -0.19% -6.18% 5.71% -3.01% -1.50% -3.43% 7.23% 1.60% -1.58% -1.53% -3.36% -2.91% 11.93% -5.92% -0.45% -5.70% -0.21% -1.84% -4.40% -5.12% -4.03% 0.39% 1.90% -0.23% -0.63% -3.00% -1.09% -3.68% -2.74% 0.98% -0.71% 0.29% 6.70% 3.57% -0.83% 1.20% -5.75% -3.33% -0.22% 2.08% 3.75% -5.51% -4.76% -1.94% -5.82% -5.51% -1.81% -0.55% 8.97% -7.98% 12/1/2014 11/24/2014 11/17/2014 11/10/2014 11/3/2014 10/27/2014 10/20/2014 10/13/2014 10/6/2014 9/29/2014 9/22/2014 9/15/2014 9/8/2014 9/2/2014 8/25/2014 8/18/2014 8/11/2014 8/4/2014 7/28/2014 7/21/2014 7/14/2014 7/7/2014 6/30/2014 6/23/2014 6/16/2014 6/9/2014 6/2/2014 5/27/2014 5/19/2014 5/12/2014 5/5/2014 4/28/2014 4/21/2014 4/14/2014 4/7/2014 3/31/2014 3/24/2014 3/17/2014 3/10/2014 3/3/2014 2/24/2014 2/18/2014 2/10/2014 2/3/2014 1/27/2014 1/21/2014 1/13/2014 1/6/2014 12/30/2013 12/23/2013 12/16/2013 12/9/2013 12/2/2013 11/25/2013 11/18/2013 11/11/2013 11/4/2013 0.68% 0.78% -1.97% 1.29% -0.74% 1.43% -10.97% -2.09% -1.45% -0.73% -2.03% 1.42% 0.04% -0.57% 0.99% 1.62% 0.40% -0.75% -2.70% 0.99% 2.39% -0.28% 3.75% 0.09% -0.55% -2.04% 1.09% -0.85% -0.60% -1.59% -0.13% 0.95% -0.20% -2.65% 1.78% 0.69% 2.02% 2.45% -2.91% 1.36% 1.30% -0.49% 3.63% 0.87% -1.65% -5.50% 1.51% 0.33% 0.84% 2.81% 4.18% -2.74% -1.12% -0.89% -1.03% 1.78% 0.96% -3.37% 3.41% 2.04% 5.32% 3.28% -0.14% 3.08% -5.35% 1.25% 1.09% -0.46% 1.41% -2.24% 2.66% -0.30% 2.48% -1.03% 2.21% -3.20% -1.45% 0.35% 1.41% 0.54% -0.45% 0.53% -2.50% 0.57% 1.53% -1.82% -2.77% 0.72% 0.64% 1.24% 1.52% -1.05% 1.71% -0.12% 2.45% -0.40% 0.48% 2.16% -3.52% 2.77% -1.25% 0.35% -2.32% -2.37% -0.78% 0.23% 1.34% -0.83% -2.33% -0.75% 1.50% 0.74% 1.62% 1.15% 4.05% 1.07% 0.63% 0.61% 4.53% -0.66% -0.17% -10.28% 1.78% -2.27% 2.01% -2.95% -0.63% 1.64% 1.18% 0.92% 0.27% -4.65% -6.26% -1.42% 0.56% 3.06% 1.10% 1.66% -2.52% 6.58% 2.82% -1.09% -0.67% -2.12% 3.71% -0.77% 6.42% -8.27% 0.23% -0.80% 2.70% -8.75% 4.12% -1.34% 2.06% -0.44% 0.08% -2.04% -4.59% -3.57% 1.16% -3.35% -0.12% 2.37% -0.32% 3.72% 2.92% -2.94% 5.76% -1.95% 5.06% 5.11% 12.05% -1.59% 1.87% 4.47% 4.10% 19.29% 8.45% -15.04% 0.83% -1.91% -2.71% -0.53% -2.65% -2.43% 1.68% 5.41% -5.71% -5.16% -2.89% 0.09% 3.03% -5.41% -1.23% 10.33% -7.98% 9.26% 2.68% 1.51% 0.71% 4.85% 1.36% 1.69% 5.11% -7.88% 3.31% -1.99% -0.63% -6.87% 5.66% 2.10% 5.11% -3.53% 6.32% 10.36% 1.27% 2.28% 10.59% 6.42% -5.28% 0.38% 16.32% -3.96% -3.26% 1.59% 2.93% 3.43% 0.47% -9.18% 3.48% -2.62% 0.85% -1.20% 4.37% 0.17% -4.33% -6.37% -2.16% -0.51% -2.94% -3.33% 2.89% 2.30% -0.24% 1.50% -4.79% -0.33% 3.26% -0.33% 0.47% 3.83% 2.63% 1.11% 4.49% -0.04% 0.33% 2.02% 0.77% -4.88% 1.34% 5.39% -1.01% 1.66% 4.30% -0.17% -5.33% 2.62% 2.99% -2.12% 1.80% 0.08% 1.36% -3.86% -1.38% -0.89% -0.87% 1.37% -0.47% -3.49% 0.43% -2.58% -0.76% 2.55% 1.69% 10/28/2013 10/21/2013 10/14/2013 10/7/2013 9/30/2013 9/23/2013 9/16/2013 9/9/2013 9/3/2013 8/26/2013 8/19/2013 8/12/2013 8/5/2013 7/29/2013 7/22/2013 7/15/2013 7/8/2013 7/1/2013 6/24/2013 6/17/2013 6/10/2013 6/3/2013 5/28/2013 5/20/2013 5/13/2013 5/6/2013 4/29/2013 4/22/2013 4/15/2013 4/8/2013 4/1/2013 3/25/2013 3/18/2013 3/11/2013 3/4/2013 2/25/2013 2/19/2013 2/11/2013 2/4/2013 1/28/2013 1/22/2013 1/14/2013 1/7/2013 12/31/2012 12/24/2012 12/17/2012 12/10/2012 12/3/2012 11/26/2012 11/19/2012 11/12/2012 11/5/2012 10/31/2012 10/22/2012 10/15/2012 10/8/2012 10/1/2012 1.35% 1.77% -6.65% 1.12% -1.51% -1.63% -1.12% 4.99% 0.42% -1.70% 0.04% -1.32% -3.28% -1.11% 1.97% 0.77% -1.47% 2.00% -2.23% -3.33% -2.01% -0.80% 1.12% -1.30% 1.94% 0.45% 5.25% 2.27% -10.11% 0.94% -1.82% 0.58% -1.32% 2.16% 3.68% 0.91% 0.05% -0.35% -1.29% 0.10% 5.40% 0.01% 0.24% 2.19% -1.86% 0.87% -0.10% 0.99% -1.77% 3.50% -1.42% -1.53% 0.08% -0.05% -6.95% -1.32% 1.51% 1.30% 0.49% 1.19% 2.77% -2.10% -1.94% 1.98% 2.44% -0.53% -0.63% -0.90% -3.63% -1.76% 0.96% -0.10% 0.58% 3.22% 0.97% 1.33% -1.82% -1.91% 1.99% -3.19% -0.72% -1.29% 0.14% 0.27% 0.96% -0.34% 2.84% 2.08% 0.74% 2.46% -0.73% 2.45% 1.90% 1.59% -3.05% 1.40% 2.16% -0.29% 0.83% -0.62% 2.14% -1.51% -0.15% -4.90% 0.93% 2.59% 3.19% -5.92% -0.63% -3.12% -0.67% -0.25% 0.91% 1.80% -0.84% 1.53% -0.98% -1.84% -1.25% 2.14% -0.25% 6.07% -2.80% 1.98% -4.55% -2.52% 0.76% 0.16% 0.58% 4.99% 4.08% 3.42% -6.07% -2.11% 3.36% 3.10% -1.65% 6.37% -2.12% 5.25% 4.63% -1.59% 7.63% -1.08% -1.42% 0.04% 0.75% 2.90% 0.37% -2.34% -2.84% 1.42% -3.10% -0.72% -3.56% 1.67% 7.22% 1.94% 11.01% -2.30% -2.67% 2.66% 5.70% -4.75% -2.91% 10.78% -5.33% 0.61% -1.45% 9.01% -8.27% 1.31% 4.78% 2.03% 0.93% 7.60% 1.01% 5.71% 6.37% 3.96% 0.00% 0.94% -13.92% -1.69% -0.89% 4.72% 3.82% 4.28% 2.56% 0.49% -3.48% -0.53% -3.13% -3.51% -4.21% 7.04% 4.35% 2.59% 3.56% -0.74% 2.67% -7.37% 0.65% 5.51% 7.10% 9.63% 0.29% -6.41% -1.69% 4.46% -5.68% 3.67% -2.30% 0.34% 15.17% -4.84% 4.75% 0.47% -0.93% 3.12% 6.29% -6.74% 0.64% 5.12% 3.92% 0.97% -2.57% 11.47% -2.28% 0.68% 3.58% -0.28% 1.96% -1.02% 0.73% 0.63% 4.99% 2.43% -0.26% 0.33% 0.25% 1.02% -3.34% 1.49% 1.54% 4.28% 1.01% -1.97% -0.51% -0.14% 0.46% 2.12% 0.45% 2.00% 0.84% 3.13% -6.61% 1.83% -4.42% 3.65% -3.22% 3.63% 1.84% -1.67% -1.77% 0.36% -3.06% -3.70% 1.70% 2.64% -1.20% 8.91% -3.59% 5.33% -4.99% 0.16% -5.92% 2.82% 2.38% -3.74% -3.92% -7.60% 3.17% -2.13% -0.24% 9/24/2012 9/17/2012 9/10/2012 9/4/2012 8/27/2012 8/20/2012 8/13/2012 8/6/2012 7/30/2012 7/23/2012 7/16/2012 7/9/2012 7/2/2012 6/25/2012 6/18/2012 6/11/2012 6/4/2012 5/29/2012 5/21/2012 5/14/2012 5/7/2012 4/30/2012 4/23/2012 4/16/2012 4/9/2012 4/2/2012 3/26/2012 3/19/2012 3/12/2012 3/5/2012 2/27/2012 2/21/2012 2/13/2012 2/6/2012 1/30/2012 1/23/2012 1/17/2012 1/9/2012 0.71% -0.40% 3.66% 2.39% -1.48% -1.71% 0.97% 0.82% 1.08% 2.05% 3.46% -2.82% -2.13% 0.97% -2.71% 2.03% 3.21% -2.69% -0.81% -2.63% -1.45% -0.88% 3.61% -1.58% -1.30% -1.52% 1.54% -0.26% 2.69% 0.91% 0.53% 2.24% 0.52% -0.24% 1.67% 1.03% 5.22% -1.85% -0.87% -0.07% 0.92% 1.68% 0.68% 0.17% -2.29% -0.63% 0.04% 3.14% -1.27% 2.55% 2.35% 3.60% -0.66% -0.69% 4.07% 0.37% 4.61% 5.07% 1.91% -0.56% -5.48% 4.48% -1.48% -0.87% 0.74% -0.15% 1.26% 2.49% 0.37% -5.91% 0.94% -0.21% 2.17% -0.49% 2.47% 0.92% 2.73% 3.29% 9.46% 0.80% -3.77% 7.16% 2.50% 1.88% 1.60% -1.33% -3.40% 2.99% -4.27% -5.24% -1.41% 0.18% -1.92% 5.95% -3.73% -1.61% -4.97% -0.30% -0.84% -4.07% -3.27% 1.91% -1.56% -0.20% -3.14% 1.46% -4.65% 7.22% -2.60% 7.43% -2.52% 2.92% 5.98% 13.04% -1.97% 1.33% -13.26% 13.88% -4.05% 10.22% 0.10% -7.53% -4.05% -5.50% -16.89% 4.18% 4.05% 1.21% 9.48% -0.99% -3.88% 2.76% 22.27% -11.13% 5.79% 3.78% 10.39% 19.13% 0.77% 2.50% 0.53% 5.59% 1.71% -7.86% 9.16% -21.46% 0.56% -8.20% 17.85% 28.41% 6.70% 6.61% -1.97% -3.67% 3.70% 3.96% 2.30% -1.89% 1.49% 2.65% 2.31% 6.43% 2.29% 1.50% 3.45% 2.14% -7.02% 2.08% 2.45% -4.55% 7.38% -7.32% -3.80% -5.90% -2.69% -1.07% -1.51% 0.31% -1.38% -3.57% 2.83% -1.05% -4.42% 2.67% 1.38% 0.63% 6.12% 3.48% 2.31% 3.25% S&P 500 -0.83% 2.76% -0.34% -3.79% 0.08% 0.04% 3.27% -3.63% 0.95% 0.20% 2.07% 0.90% 3.26% 1.04% -1.36% -0.15% 2.07% -3.40% 0.91% -5.77% 0.67% -1.25% 1.16% -2.21% 2.41% -0.01% -1.18% -0.40% 0.76% 0.06% -0.69% -0.88% 0.16% 0.31% 0.37% -0.44% 1.75% -0.99% 1.70% 0.29% -2.23% 2.66% -0.86% -1.58% -0.27% 0.63% 2.02% 3.03% -2.77% 1.60% -1.24% -0.65% -1.46% 0.88% 3.41% -3.52% IBM Mean Median Range Variance Standard Deviation Coefficient of Variation Skewness Kurtosis WMT -0.06% 0.01% 16.64% 0.06% 2.49% -41.496113 -0.708 2.731 Covariance IBM WMT GM AAL NOV S&P 500 IBM Correlation Matrix IBM WMT GM AAL NOV S&P 500 IBM WMT 0.00061931 0.00014136 -0.00001657 0.00010620 0.00027779 0.00021886 Portfolio 1 IBM Invest equally Portfolio Return Wi^2*Var(x) Portfolio volatility Standard deviation Sharpe ratio of the port Portfolio 2 IBM Invest equally Portfolio Return Wi^2*Var(x) Portfolio volatility Standard deviation Sharpe ratio of the port 0.09% 0.35% 18.17% 0.06% 2.35% 24.792366 -0.905 3.129 0.00014136 0.00054858 -0.00006474 0.00035746 0.00014381 0.00016965 WMT 1.00 0.24 -0.02 0.06 0.32 0.54 0.24 1.00 -0.07 0.23 0.18 0.45 WMT 20.00% 0.28% 0.0024% 0.0375% 1.94% 13.11% 20.00% 0.0024% WMT 5.00% 0.71% 0.0002% 0.1249% 3.53% 19.45% 12.00% 0.0009% 0.38% 0.20% 1.16% 0.39% 0.69% 2.72% 4.12% -1.02% -3.14% -0.75% -1.37% 1.25% -1.10% 0.22% 0.75% 1.71% 1.22% 0.33% -2.69% 0.01% 0.54% -0.90% 1.25% -0.10% 1.38% -0.68% 1.34% 1.21% 1.21% -0.03% -0.14% 0.95% -0.08% 2.71% -2.65% 0.40% -0.48% 1.38% -1.97% 1.00% 1.26% -0.13% 2.32% 0.81% -0.43% -2.63% -0.20% 0.60% -0.54% 1.27% 2.42% -1.65% -0.04% 0.06% 0.37% 1.56% 0.51% 0.11% 0.88% 2.42% 0.75% -0.07% -1.06% 1.30% 1.98% 1.36% -1.84% 0.46% -2.10% -1.07% 1.07% -0.03% 0.71% 2.96% 1.59% 0.87% -2.11% -1.01% 0.78% -1.14% -1.07% 2.07% 1.19% 2.03% 1.74% -2.11% 2.29% -1.01% 0.79% -0.24% 0.61% 2.17% 0.17% -0.28% 0.12% 0.31% 0.68% 1.14% 0.95% 0.38% 4.57% -1.94% 1.17% -0.32% 0.13% 0.50% 3.62% -1.45% -2.43% 0.16% -1.48% 0.32% -2.21% 1.41% -1.33% -0.38% 1.94% 2.23% -0.32% -0.50% 0.87% 1.07% 0.36% 1.71% 0.43% 0.16% -0.55% 2.03% -0.58% 1.30% 3.73% -3.02% 1.74% -4.30% -1.15% -2.44% 1.80% 0.60% -1.99% -0.74% 0.81% -0.50% 2.43% 0.09% 0.28% 0.33% 1.38% -0.17% 2.17% 0.07% 2.04% 0.88% GM AAL 0.37% 0.12% 23.32% 0.15% 3.87% 10.536073 0.395 0.510 GM NOV 1.20% 0.99% 49.88% 0.44% 6.63% 5.528070 0.355 2.171 AAL -0.00001657 -0.00006474 0.00149345 -0.00016718 -0.00005861 -0.00006937 GM AAL GM S&P 500 0.00027779 0.00021886 0.00014381 0.00016965 -0.00005861 -0.00006937 0.00036709 0.00039810 0.00121737 0.00033827 0.00033827 0.00026470 NOV 0.06 0.23 -0.07 1.00 0.16 0.37 AAL S&P 500 0.32 0.18 -0.04 0.16 1.00 0.60 NOV 20.00% 20.00% 20.00% 0.0060% 0.0176% 0.0048% Risk free rate 0.0243% GM AAL 30.00% 0.0135% Risk free rate 0.0243% 0.24% 0.33% 10.33% 0.03% 1.63% 6.813694 -0.398 0.731 NOV 0.00010620 0.00035746 -0.00016718 0.00436965 0.00036709 0.00039810 -0.02 -0.07 1.00 -0.07 -0.04 -0.11 S&P 500 -0.21% -0.10% 21.12% 0.12% 3.50% -16.736029 0.068 0.352 NOV 50.00% 3.00% 0.1100% 0.0001% 0.54 0.45 -0.11 0.37 0.60 1.00 Date Adjusted Close Weekly Return 12/28/2015 136.2285 -0.46% 12/21/2015 136.8521 2.48% 12/14/2015 133.536 0.25% 12/7/2015 133.2093 -4.17% 11/30/2015 139.0101 1.42% 11/23/2015 137.06 -0.03% 11/16/2015 137.0996 5.12% 11/9/2015 130.4178 -4.70% 11/2/2015 136.8521 -0.38% 10/26/2015 137.375 -3.18% 10/19/2015 141.8862 -3.80% 10/12/2015 147.4859 -1.31% 10/5/2015 149.4473 5.40% 9/28/2015 141.7881 -0.58% 9/21/2015 142.6119 0.63% 9/14/2015 141.7195 -1.94% 9/8/2015 144.5242 2.55% 8/31/2015 140.9251 -2.89% 8/24/2015 145.1225 -0.58% 8/17/2015 145.9757 -4.43% 8/10/2015 152.7424 0.41% 8/3/2015 152.1246 -3.45% 7/27/2015 157.554 1.40% 7/20/2015 155.3754 -7.40% 7/13/2015 167.7859 3.33% 7/6/2015 162.3782 1.13% 6/29/2015 160.5691 -0.22% 6/22/2015 160.929 -0.92% 6/15/2015 162.4171 0.00% 6/8/2015 162.4171 -0.24% 6/1/2015 162.8159 -1.33% 5/26/2015 165.0042 -1.49% 5/18/2015 167.5039 -0.60% 5/11/2015 168.5154 0.34% 5/4/2015 167.9513 0.18% 4/27/2015 167.6454 2.29% 4/20/2015 163.8904 5.67% 4/13/2015 155.0964 -1.34% 4/6/2015 157.2104 1.50% 3/30/2015 154.884 0.03% 3/23/2015 154.8358 -1.52% 3/16/2015 157.2298 5.57% 3/9/2015 148.9281 -2.66% 3/2/2015 153.0017 -2.12% 2/23/2015 156.3224 -1.04% Measures of Central Tendency Measures of Dispersion Skewness Kurtosis 2/17/2015 2/9/2015 2/2/2015 1/26/2015 1/20/2015 1/12/2015 1/5/2015 12/29/2014 12/22/2014 12/15/2014 12/8/2014 12/1/2014 11/24/2014 11/17/2014 11/10/2014 11/3/2014 10/27/2014 10/20/2014 10/13/2014 10/6/2014 9/29/2014 9/22/2014 9/15/2014 9/8/2014 9/2/2014 8/25/2014 8/18/2014 8/11/2014 8/4/2014 7/28/2014 7/21/2014 7/14/2014 7/7/2014 6/30/2014 6/23/2014 6/16/2014 6/9/2014 6/2/2014 5/27/2014 5/19/2014 5/12/2014 5/5/2014 4/28/2014 4/21/2014 4/14/2014 4/7/2014 157.973 154.8358 151.2834 146.9608 149.4148 150.6322 152.5206 155.3485 155.6169 151.9455 148.9451 156.5083 155.4539 154.2557 157.3615 155.358 156.5203 154.3115 173.3243 177.0183 179.627 180.9504 184.7016 182.1119 182.0358 183.083 181.2836 178.3989 177.6848 179.0253 183.9942 182.1959 177.9368 178.4384 171.9835 171.8321 172.788 176.3941 174.4917 175.9871 177.0471 179.9055 180.1438 178.4406 178.7982 183.6726 2.03% 2.35% 2.94% -1.64% -0.81% -1.24% -1.82% -0.17% 2.42% 2.01% -4.83% 0.68% 0.78% -1.97% 1.29% -0.74% 1.43% -10.97% -2.09% -1.45% -0.73% -2.03% 1.42% 0.04% -0.57% 0.99% 1.62% 0.40% -0.75% -2.70% 0.99% 2.39% -0.28% 3.75% 0.09% -0.55% -2.04% 1.09% -0.85% -0.60% -1.59% -0.13% 0.95% -0.20% -2.65% 1.78% 3/31/2014 3/24/2014 3/17/2014 3/10/2014 3/3/2014 2/24/2014 2/18/2014 2/10/2014 2/3/2014 1/27/2014 1/21/2014 1/13/2014 1/6/2014 12/30/2013 12/23/2013 12/16/2013 12/9/2013 12/2/2013 11/25/2013 11/18/2013 11/11/2013 11/4/2013 10/28/2013 10/21/2013 10/14/2013 10/7/2013 9/30/2013 9/23/2013 9/16/2013 9/9/2013 9/3/2013 8/26/2013 8/19/2013 8/12/2013 8/5/2013 7/29/2013 7/22/2013 7/15/2013 7/8/2013 7/1/2013 6/24/2013 6/17/2013 6/10/2013 6/3/2013 5/28/2013 5/20/2013 180.4544 179.2123 175.6553 171.4585 176.6057 174.2438 172.0042 172.8511 166.7911 165.3483 168.1185 177.8982 175.2497 174.6695 173.2096 168.4741 161.7172 166.2748 168.1559 169.672 171.4408 168.446 166.8388 164.6233 161.7656 173.2897 171.3721 173.9971 176.8828 178.8842 170.3761 169.6686 172.6008 172.5264 174.8349 180.7638 182.7923 179.2633 177.9018 180.5508 177.0126 181.0417 187.2845 191.1284 192.6752 190.5449 0.69% 2.02% 2.45% -2.91% 1.36% 1.30% -0.49% 3.63% 0.87% -1.65% -5.50% 1.51% 0.33% 0.84% 2.81% 4.18% -2.74% -1.12% -0.89% -1.03% 1.78% 0.96% 1.35% 1.77% -6.65% 1.12% -1.51% -1.63% -1.12% 4.99% 0.42% -1.70% 0.04% -1.32% -3.28% -1.11% 1.97% 0.77% -1.47% 2.00% -2.23% -3.33% -2.01% -0.80% 1.12% -1.30% 5/13/2013 5/6/2013 4/29/2013 4/22/2013 4/15/2013 4/8/2013 4/1/2013 3/25/2013 3/18/2013 3/11/2013 3/4/2013 2/25/2013 2/19/2013 2/11/2013 2/4/2013 1/28/2013 1/22/2013 1/14/2013 1/7/2013 12/31/2012 12/24/2012 12/17/2012 12/10/2012 12/3/2012 11/26/2012 11/19/2012 11/12/2012 11/5/2012 10/31/2012 10/22/2012 10/15/2012 10/8/2012 10/1/2012 9/24/2012 9/17/2012 9/10/2012 9/4/2012 8/27/2012 8/20/2012 8/13/2012 8/6/2012 7/30/2012 7/23/2012 7/16/2012 7/9/2012 7/2/2012 193.0642 189.3871 188.5404 179.1369 175.1634 194.8739 193.0578 196.644 195.5193 198.1375 193.952 187.0653 185.3875 185.286 185.9314 188.3652 188.1724 178.5329 178.5146 178.0923 174.2732 177.569 176.045 176.2194 174.4935 177.6332 171.62 174.0987 176.8044 176.6581 176.7404 189.9392 192.4894 189.6193 188.2757 189.0343 182.3526 178.1023 180.7713 183.9248 182.1607 180.6854 178.7468 175.1607 169.2993 174.2142 1.94% 0.45% 5.25% 2.27% -10.11% 0.94% -1.82% 0.58% -1.32% 2.16% 3.68% 0.91% 0.05% -0.35% -1.29% 0.10% 5.40% 0.01% 0.24% 2.19% -1.86% 0.87% -0.10% 0.99% -1.77% 3.50% -1.42% -1.53% 0.08% -0.05% -6.95% -1.32% 1.51% 0.71% -0.40% 3.66% 2.39% -1.48% -1.71% 0.97% 0.82% 1.08% 2.05% 3.46% -2.82% -2.13% 6/25/2012 6/18/2012 6/11/2012 6/4/2012 5/29/2012 5/21/2012 5/14/2012 5/7/2012 4/30/2012 4/23/2012 4/16/2012 4/9/2012 4/2/2012 3/26/2012 3/19/2012 3/12/2012 3/5/2012 2/27/2012 2/21/2012 2/13/2012 2/6/2012 1/30/2012 1/23/2012 1/17/2012 1/9/2012 1/3/2012 178.0095 176.2984 181.2133 177.6091 172.0935 176.8445 178.2826 183.0973 185.7958 187.4454 180.9105 183.8109 186.2309 189.1131 186.2399 186.7203 181.835 180.1945 179.2428 175.3092 174.4028 174.8278 171.9567 170.2052 161.7545 164.8061 0.97% -2.71% 2.03% 3.21% -2.69% -0.81% -2.63% -1.45% -0.88% 3.61% -1.58% -1.30% -1.52% 1.54% -0.26% 2.69% 0.91% 0.53% 2.24% 0.52% -0.24% 1.67% 1.03% 5.22% -1.85% Count 208 Average -0.060116% Median 0.005126% Range 16.64% IBM 45 40 Lower Quartile -0.0146950 35 Upper Quartile 0.0142223 Variance 0.0006223 30 Standard Deviation 0.0249459 Standard Error 0.0001199 25 Frequency 20 15 -0.7081898416 10 2.7307093258 5 Return Frequency (Values not in range) 0 -11% 2 -10% 0 -9% 0 -8% 1 -7% 2 -6% 1 -5% 4 -4% 5 -3% 17 -2% 39 -1% 33 0 40 1% 26 2% 20 3% 9 4% 2 5% 7 6% 0 7% 0 8% 0 9% 0 10% 0 0 (Values not in range) -0.09 -0.06 -0.03 Return 0 09 IBM -0.06 -0.03 Return 0 0.03 0.06 0.09 Date Adjusted Closing Weekly Return 12/28/2015 12/21/2015 12/14/2015 12/7/2015 11/30/2015 11/23/2015 11/16/2015 11/9/2015 11/2/2015 10/26/2015 10/19/2015 10/12/2015 10/5/2015 9/28/2015 9/21/2015 9/14/2015 9/8/2015 8/31/2015 8/24/2015 8/17/2015 8/10/2015 8/3/2015 7/27/2015 7/20/2015 7/13/2015 7/6/2015 6/29/2015 6/22/2015 6/15/2015 6/8/2015 6/1/2015 5/26/2015 5/18/2015 5/11/2015 5/4/2015 4/27/2015 4/20/2015 4/13/2015 4/6/2015 3/30/2015 3/23/2015 3/16/2015 3/9/2015 3/2/2015 2/23/2015 60.849529 60.382988 58.417534 58.923786 59.221584 58.95607 59.133263 55.54018 57.86338 56.347397 57.390865 57.971664 65.650032 63.966702 62.785408 62.352272 63.641846 62.893696 63.927322 65.502373 71.251297 70.138924 70.376984 69.985893 71.755577 71.4916 70.259659 70.51387 71.120056 70.816963 71.43293 72.615982 74.17057 77.475296 76.781113 76.367577 77.572357 75.66803 78.35936 78.437088 79.039474 80.875793 79.573853 79.76516 81.059326 0.77% 3.36% -0.86% Measures of Central Tendency -0.50% 0.45% -0.30% 6.47% -4.01% Measures of Dispersion 2.69% -1.82% -1.00% -11.70% 2.63% 1.88% 0.69% -2.03% 1.19% -1.62% -2.40% -8.07% 1.59% -0.34% 0.56% -2.47% 0.37% 1.75% -0.36% -0.85% 0.43% -0.86% -1.63% -2.10% -4.27% 0.90% 0.54% -1.55% 2.52% -3.43% -0.10% -0.76% -2.27% 1.64% -0.24% -1.60% -0.44% Skewness Kurtosis 2/17/2015 2/9/2015 2/2/2015 1/26/2015 1/20/2015 1/12/2015 1/5/2015 12/29/2014 12/22/2014 12/15/2014 12/8/2014 12/1/2014 11/24/2014 11/17/2014 11/10/2014 11/3/2014 10/27/2014 10/20/2014 10/13/2014 10/6/2014 9/29/2014 9/22/2014 9/15/2014 9/8/2014 9/2/2014 8/25/2014 8/18/2014 8/11/2014 8/4/2014 7/28/2014 7/21/2014 7/14/2014 7/7/2014 6/30/2014 6/23/2014 6/16/2014 6/9/2014 6/2/2014 5/27/2014 5/19/2014 5/12/2014 5/5/2014 4/28/2014 4/21/2014 4/14/2014 4/7/2014 81.416679 82.875023 84.34304 82.073418 85.482681 83.802185 86.293945 82.961952 83.937408 82.247261 80.943428 81.242828 84.076157 81.300507 79.677376 75.653168 73.25209 73.357735 71.167953 75.192169 74.260544 73.463387 73.799538 72.771873 74.443031 72.512558 72.733467 70.975876 71.715401 70.167854 72.486427 73.555061 73.297447 72.276512 71.885307 72.209724 71.828064 73.669563 73.249741 72.142929 73.478737 75.568314 75.027481 74.553345 73.642998 72.542999 -1.76% -1.74% 2.77% -3.99% 2.01% -2.89% 4.02% -1.16% 2.05% 1.61% -0.37% -3.37% 3.41% 2.04% 5.32% 3.28% -0.14% 3.08% -5.35% 1.25% 1.09% -0.46% 1.41% -2.24% 2.66% -0.30% 2.48% -1.03% 2.21% -3.20% -1.45% 0.35% 1.41% 0.54% -0.45% 0.53% -2.50% 0.57% 1.53% -1.82% -2.77% 0.72% 0.64% 1.24% 1.52% -1.05% 3/31/2014 3/24/2014 3/17/2014 3/10/2014 3/3/2014 2/24/2014 2/18/2014 2/10/2014 2/3/2014 1/27/2014 1/21/2014 1/13/2014 1/6/2014 12/30/2013 12/23/2013 12/16/2013 12/9/2013 12/2/2013 11/25/2013 11/18/2013 11/11/2013 11/4/2013 10/28/2013 10/21/2013 10/14/2013 10/7/2013 9/30/2013 9/23/2013 9/16/2013 9/9/2013 9/3/2013 8/26/2013 8/19/2013 8/12/2013 8/5/2013 7/29/2013 7/22/2013 7/15/2013 7/8/2013 7/1/2013 6/24/2013 6/17/2013 6/10/2013 6/3/2013 5/28/2013 5/20/2013 73.311096 72.078346 72.163689 70.437828 70.722313 70.382019 68.893356 71.409019 69.486938 70.363182 70.11821 71.785896 73.528961 74.103699 73.934105 72.954216 73.56665 75.31913 75.885544 74.761452 74.208771 73.028473 72.194778 71.267403 70.920807 70.087105 68.194885 69.656204 71.033218 69.656204 67.998161 68.363503 68.794403 69.42202 72.03553 73.323257 72.624939 72.699432 72.280434 70.027199 69.356819 68.444351 69.710632 71.070023 69.682693 71.982491 1.71% -0.12% 2.45% -0.40% 0.48% 2.16% -3.52% 2.77% -1.25% 0.35% -2.32% -2.37% -0.78% 0.23% 1.34% -0.83% -2.33% -0.75% 1.50% 0.74% 1.62% 1.15% 1.30% 0.49% 1.19% 2.77% -2.10% -1.94% 1.98% 2.44% -0.53% -0.63% -0.90% -3.63% -1.76% 0.96% -0.10% 0.58% 3.22% 0.97% 1.33% -1.82% -1.91% 1.99% -3.19% -0.72% 5/13/2013 5/6/2013 4/29/2013 4/22/2013 4/15/2013 4/8/2013 4/1/2013 3/25/2013 3/18/2013 3/11/2013 3/4/2013 2/25/2013 2/19/2013 2/11/2013 2/4/2013 1/28/2013 1/22/2013 1/14/2013 1/7/2013 12/31/2012 12/24/2012 12/17/2012 12/10/2012 12/3/2012 11/26/2012 11/19/2012 11/12/2012 11/5/2012 10/31/2012 10/22/2012 10/15/2012 10/8/2012 10/1/2012 9/24/2012 9/17/2012 9/10/2012 9/4/2012 8/27/2012 8/20/2012 8/13/2012 8/6/2012 7/30/2012 7/23/2012 7/16/2012 7/9/2012 7/2/2012 72.503899 73.453606 73.348862 73.154495 72.460342 72.710236 70.70182 69.25798 68.748932 67.101479 67.59201 65.972443 64.740173 63.728611 65.733345 64.822937 63.452724 63.636642 63.112469 63.5079 62.174477 63.130867 63.222824 66.478226 65.864433 64.199989 62.215462 66.129646 66.550331 68.690331 69.156746 69.330505 68.708618 67.492302 68.086739 68.132469 67.51059 66.394859 65.946747 65.836998 67.382553 67.811462 67.784164 65.719353 66.565292 64.909805 -1.29% 0.14% 0.27% 0.96% -0.34% 2.84% 2.08% 0.74% 2.46% -0.73% 2.45% 1.90% 1.59% -3.05% 1.40% 2.16% -0.29% 0.83% -0.62% 2.14% -1.51% -0.15% -4.90% 0.93% 2.59% 3.19% -5.92% -0.63% -3.12% -0.67% -0.25% 0.91% 1.80% -0.87% -0.07% 0.92% 1.68% 0.68% 0.17% -2.29% -0.63% 0.04% 3.14% -1.27% 2.55% 2.35% 6/25/2012 6/18/2012 6/11/2012 6/4/2012 5/29/2012 5/21/2012 5/14/2012 5/7/2012 4/30/2012 4/23/2012 4/16/2012 4/9/2012 4/2/2012 3/26/2012 3/19/2012 3/12/2012 3/5/2012 2/27/2012 2/21/2012 2/13/2012 2/6/2012 1/30/2012 1/23/2012 1/17/2012 1/9/2012 1/3/2012 63.418041 61.216785 61.626106 62.053627 59.624969 59.406658 56.78698 54.049053 53.034256 53.332401 56.422302 54.000977 54.814106 55.292953 54.886387 54.967701 54.281059 52.95985 52.762409 56.074081 55.553551 55.670219 54.485554 54.754795 53.435513 52.950878 3.60% -0.66% -0.69% 4.07% 0.37% 4.61% 5.07% 1.91% -0.56% -5.48% 4.48% -1.48% -0.87% 0.74% -0.15% 1.26% 2.49% 0.37% -5.91% 0.94% -0.21% 2.17% -0.49% 2.47% 0.92% Count 208 WMT Shape Average 0.09% Median 0.35% 60 Range 11.19% 50 Lower Quartile -0.0103532627 40 Upper Quartile 0.0162119725 30 Variance 0.0005512286 Standard Deviation 0.0234782584 Standard Error 0.0001128762 Frequency 20 10 0 -0.9050520953 3.1289852117 Return Frequency (values not in range) 0 -11.70% 1 -10.40% 0 -8.38% 1 -6.72% 4 -5.06% 7 -3.40% 27 -1.74% 57 -0.08% 55 1.58% 45 3.24% 8 4.90% 3 6.56% 0 Return WMT Shape Frequency Return Date Adjusted Close 12/28/2015 12/21/2015 12/14/2015 12/7/2015 11/30/2015 11/23/2015 11/16/2015 11/9/2015 11/2/2015 10/26/2015 10/19/2015 10/12/2015 10/5/2015 9/28/2015 9/21/2015 9/14/2015 9/8/2015 8/31/2015 8/24/2015 8/17/2015 8/10/2015 8/3/2015 7/27/2015 7/20/2015 7/13/2015 7/6/2015 6/29/2015 6/22/2015 6/15/2015 6/8/2015 6/1/2015 5/26/2015 5/18/2015 5/11/2015 5/4/2015 4/27/2015 4/20/2015 4/13/2015 4/6/2015 3/30/2015 3/23/2015 3/16/2015 3/9/2015 3/2/2015 2/23/2015 33.588753 34.171448 33.252964 33.766422 35.427868 35.545147 35.515827 33.531868 34.939209 34.118259 35.134674 32.398174 32.202709 31.010378 28.742996 29.818048 29.466213 27.881969 27.997824 28.577089 30.401773 30.643135 30.421083 29.986633 29.590803 30.314884 32.081642 33.191902 34.862118 34.475941 33.558769 34.370987 34.112988 33.358105 33.749878 33.845432 34.007877 35.0112 34.944313 34.877422 35.651417 37.142067 36.358517 34.915646 35.361095 Weekly Return -1.71% 2.76% -1.52% Measures of Central Tendency -4.69% -0.33% 0.08% 5.92% -4.03% Measures of Dispersion 2.41% -2.89% 8.45% 0.61% Skewness 3.84% Kurtosis 7.89% -3.61% 1.19% 5.68% -0.41% -2.03% -6.00% -0.79% 0.73% 1.45% 1.34% -2.39% -5.51% -3.34% -4.79% 1.12% 2.73% -2.36% 0.76% 2.26% -1.16% -0.28% -0.48% -2.87% 0.19% 0.19% -2.17% -4.01% 2.16% 4.13% -1.26% -0.90% 2/17/2015 2/9/2015 2/2/2015 1/26/2015 1/20/2015 1/12/2015 1/5/2015 12/29/2014 12/22/2014 12/15/2014 12/8/2014 12/1/2014 11/24/2014 11/17/2014 11/10/2014 11/3/2014 10/27/2014 10/20/2014 10/13/2014 10/6/2014 9/29/2014 9/22/2014 9/15/2014 9/8/2014 9/2/2014 8/25/2014 8/18/2014 8/11/2014 8/4/2014 7/28/2014 7/21/2014 7/14/2014 7/7/2014 6/30/2014 6/23/2014 6/16/2014 6/9/2014 6/2/2014 5/27/2014 5/19/2014 5/12/2014 5/5/2014 4/28/2014 4/21/2014 4/14/2014 4/7/2014 35.683334 35.6549 34.119522 30.916077 31.987053 31.92071 33.730938 33.020115 31.968096 31.096155 29.920925 31.873322 31.403629 30.18243 29.863039 29.675161 29.496677 28.219116 28.406992 28.453962 31.713623 31.159388 31.882713 31.253328 32.202106 32.406975 31.885487 31.512991 31.224306 31.140495 32.658409 34.837498 35.340366 35.14481 34.101822 33.729332 33.179901 34.036636 31.935753 31.058397 31.400103 31.612514 32.295929 31.141514 31.381632 29.48839 0.08% 4.50% 10.36% -3.35% 0.21% -5.37% 2.15% 3.29% 2.80% 3.93% -6.13% 1.50% 4.05% 1.07% 0.63% 0.61% 4.53% -0.66% -0.17% -10.28% 1.78% -2.27% 2.01% -2.95% -0.63% 1.64% 1.18% 0.92% 0.27% -4.65% -6.26% -1.42% 0.56% 3.06% 1.10% 1.66% -2.52% 6.58% 2.82% -1.09% -0.67% -2.12% 3.71% -0.77% 6.42% -8.27% 3/31/2014 3/24/2014 3/17/2014 3/10/2014 3/3/2014 2/24/2014 2/18/2014 2/10/2014 2/3/2014 1/27/2014 1/21/2014 1/13/2014 1/6/2014 12/30/2013 12/23/2013 12/16/2013 12/9/2013 12/2/2013 11/25/2013 11/18/2013 11/11/2013 11/4/2013 10/28/2013 10/21/2013 10/14/2013 10/7/2013 9/30/2013 9/23/2013 9/16/2013 9/9/2013 9/3/2013 8/26/2013 8/19/2013 8/12/2013 8/5/2013 7/29/2013 7/22/2013 7/15/2013 7/8/2013 7/1/2013 6/24/2013 6/17/2013 6/10/2013 6/3/2013 5/28/2013 5/20/2013 32.148167 32.07428 32.33287 31.483221 34.501617 33.137669 33.586212 32.908817 33.055279 33.027821 33.714375 35.334637 36.643665 36.22258 37.476685 37.522457 36.652824 36.771824 35.45364 34.446697 35.490257 33.558754 34.226997 32.579269 32.853889 32.35957 32.679966 33.293285 33.714375 33.00951 33.091896 31.19701 32.094105 31.47163 32.972893 33.824223 33.567905 33.512981 33.320747 31.737095 30.492147 29.485199 31.389244 32.066643 31.023081 30.089367 0.23% -0.80% 2.70% -8.75% 4.12% -1.34% 2.06% -0.44% 0.08% -2.04% -4.59% -3.57% 1.16% -3.35% -0.12% 2.37% -0.32% 3.72% 2.92% -2.94% 5.76% -1.95% 5.06% -0.84% 1.53% -0.98% -1.84% -1.25% 2.14% -0.25% 6.07% -2.80% 1.98% -4.55% -2.52% 0.76% 0.16% 0.58% 4.99% 4.08% 3.42% -6.07% -2.11% 3.36% 3.10% -1.65% 5/13/2013 5/6/2013 4/29/2013 4/22/2013 4/15/2013 4/8/2013 4/1/2013 3/25/2013 3/18/2013 3/11/2013 3/4/2013 2/25/2013 2/19/2013 2/11/2013 2/4/2013 1/28/2013 1/22/2013 1/14/2013 1/7/2013 12/31/2012 12/24/2012 12/17/2012 12/10/2012 12/3/2012 11/26/2012 11/19/2012 11/12/2012 11/5/2012 10/31/2012 10/22/2012 10/15/2012 10/8/2012 10/1/2012 9/24/2012 9/17/2012 9/10/2012 9/4/2012 8/27/2012 8/20/2012 8/13/2012 8/6/2012 7/30/2012 7/23/2012 7/16/2012 7/9/2012 7/2/2012 30.592838 28.76203 29.384504 27.919857 26.684059 27.114302 25.19195 25.466572 25.832733 25.823578 25.631344 24.908173 24.816635 25.411648 26.153126 25.786963 26.610828 26.803064 27.7917 27.333998 25.494034 25.008869 22.528122 23.059057 23.690685 23.077364 21.832413 22.921745 23.608299 21.310633 22.509813 22.372503 22.702047 20.825468 22.702047 22.097879 21.393019 19.5439 19.388281 20.148067 18.802423 18.344721 18.00602 17.722244 17.960249 18.591879 6.37% -2.12% 5.25% 4.63% -1.59% 7.63% -1.08% -1.42% 0.04% 0.75% 2.90% 0.37% -2.34% -2.84% 1.42% -3.10% -0.72% -3.56% 1.67% 7.22% 1.94% 11.01% -2.30% -2.67% 2.66% 5.70% -4.75% -2.91% 10.78% -5.33% 0.61% -1.45% 9.01% -8.27% 2.73% 3.29% 9.46% 0.80% -3.77% 7.16% 2.50% 1.88% 1.60% -1.33% -3.40% 2.99% 6/25/2012 6/18/2012 6/11/2012 6/4/2012 5/29/2012 5/21/2012 5/14/2012 5/7/2012 4/30/2012 4/23/2012 4/16/2012 4/9/2012 4/2/2012 3/26/2012 3/19/2012 3/12/2012 3/5/2012 2/27/2012 2/21/2012 2/13/2012 2/6/2012 1/30/2012 1/23/2012 1/17/2012 1/9/2012 1/3/2012 18.051788 18.857346 19.900908 20.184683 20.148067 20.541693 19.388281 20.138914 20.46846 21.539484 21.603561 21.786642 22.711201 23.480143 23.040749 23.40691 23.452681 24.212467 23.864613 25.027178 23.342831 23.965307 22.308424 22.885128 22.235191 20.981087 -4.27% -5.24% -1.41% 0.18% -1.92% 5.95% -3.73% -1.61% -4.97% -0.30% -0.84% -4.07% -3.27% 1.91% -1.56% -0.20% -3.14% 1.46% -4.65% 7.22% -2.60% 7.43% -2.52% 2.92% 5.98% 13.04% Count GM Shape 209 Average 0.36% Median 0.08% Range 23.32% Lower Quartile -0.0226870593 Upper Quartile 0.0270731003 Variance 0.001495509 Standard Deviation 0.0386718113 Standard Error 0.0001850326 0.4016715421 60 50 40 30 Frequency 20 10 0 0.521459082 Return Frequency (Values not in range) 0 -12.61% 1 -10.28% 3 -7.95% 4 -5.61% 25 -3.28% 47 -0.95% 52 1.38% 41 3.71% 19 6.05% 10 8.38% 4 10.71% 3 13.04% 0 Return of GM GM Shape Column G Return of GM Date Adj Close Weekly Returns 12/28/2015 42.23476 -3.33% 12/21/2015 43.690792 6.62% 12/14/2015 40.978191 -2.38% 12/7/2015 41.975471 -6.40% 11/30/2015 44.847633 7.87% 11/23/2015 41.576557 -1.21% 11/16/2015 42.085171 -2.88% 11/9/2015 43.331772 -4.17% 11/2/2015 45.216625 -1.69% 10/26/2015 45.995041 1.20% 10/19/2015 45.447716 4.48% 10/12/2015 43.497257 3.04% 10/5/2015 42.213535 9.81% 9/28/2015 38.441982 -4.00% Skewness 9/21/2015 40.044147 -7.47% Kurtosis 9/14/2015 43.278332 3.18% 9/8/2015 41.944851 3.82% 8/31/2015 40.402393 5.13% 8/24/2015 38.43203 -2.84% 8/17/2015 39.55653 -7.30% 8/10/2015 42.671299 3.35% 8/3/2015 41.288063 3.71% 7/27/2015 39.811939 1.19% 7/20/2015 39.345318 -4.28% 7/13/2015 41.102604 0.46% 7/6/2015 40.913963 5.59% 6/29/2015 38.749626 -5.82% 6/22/2015 41.142311 -0.29% 6/15/2015 41.261452 2.09% 6/8/2015 40.417557 -2.42% 6/1/2015 41.420303 -1.53% 5/26/2015 42.065632 -0.56% 5/18/2015 42.303909 -12.45% 5/11/2015 48.320374 -0.75% 5/4/2015 48.687721 -0.71% 4/27/2015 49.035202 -6.11% 4/20/2015 4/13/2015 4/6/2015 3/30/2015 3/23/2015 3/16/2015 3/9/2015 3/2/2015 2/23/2015 2/17/2015 2/9/2015 52.224293 47.745941 47.29018 48.726822 52.174755 55.246185 48.766453 47.557693 47.458618 50.549866 47.944099 9.38% 0.96% -2.95% -6.61% -5.56% 13.29% 2.54% 0.21% -6.12% 5.44% 0.50% Measures of Central Tendancy Measures of Dispersion 2/2/2015 1/26/2015 1/20/2015 1/12/2015 1/5/2015 12/29/2014 12/22/2014 12/15/2014 12/8/2014 12/1/2014 11/24/2014 11/17/2014 11/10/2014 11/3/2014 10/27/2014 10/20/2014 10/13/2014 10/6/2014 9/29/2014 9/22/2014 9/15/2014 9/8/2014 9/2/2014 8/25/2014 8/18/2014 8/11/2014 8/4/2014 7/28/2014 7/21/2014 7/14/2014 7/7/2014 6/30/2014 6/23/2014 6/16/2014 6/9/2014 6/2/2014 5/27/2014 5/19/2014 5/12/2014 5/5/2014 4/28/2014 4/21/2014 4/14/2014 4/7/2014 3/31/2014 3/24/2014 3/17/2014 3/10/2014 3/3/2014 2/24/2014 2/18/2014 2/10/2014 2/3/2014 1/27/2014 1/21/2014 1/13/2014 1/6/2014 47.706314 48.529427 55.065273 49.25124 51.436447 53.305244 51.377117 50.14114 49.409443 50.437775 47.985596 42.824154 43.5163 42.715389 40.886139 39.274723 32.922909 30.358513 35.733883 35.437992 36.128407 37.134438 37.331696 38.347595 39.30431 38.653347 36.670872 38.890064 41.00531 42.225235 42.185883 40.946278 43.287754 43.82885 39.726353 43.169697 39.509914 38.47691 37.906296 37.640667 35.899323 35.417252 34.826965 33.134808 35.968189 34.817127 35.525471 35.751747 38.388367 36.332199 35.584499 33.852989 35.092594 33.006912 29.907902 29.534054 28.874899 -1.70% -11.87% 11.80% -4.25% -3.51% 3.75% 2.46% 1.48% -2.04% 5.11% 12.05% -1.59% 1.87% 4.47% 4.10% 19.29% 8.45% -15.04% 0.83% -1.91% -2.71% -0.53% -2.65% -2.43% 1.68% 5.41% -5.71% -5.16% -2.89% 0.09% 3.03% -5.41% -1.23% 10.33% -7.98% 9.26% 2.68% 1.51% 0.71% 4.85% 1.36% 1.69% 5.11% -7.88% 3.31% -1.99% -0.63% -6.87% 5.66% 2.10% 5.11% -3.53% 6.32% 10.36% 1.27% 2.28% 10.59% 12/30/2013 12/23/2013 12/16/2013 12/9/2013 12/2/2013 11/25/2013 11/18/2013 11/11/2013 11/4/2013 10/28/2013 10/21/2013 10/14/2013 10/7/2013 9/30/2013 9/23/2013 9/16/2013 9/9/2013 9/3/2013 8/26/2013 8/19/2013 8/12/2013 8/5/2013 7/29/2013 7/22/2013 7/15/2013 7/8/2013 7/1/2013 6/24/2013 6/17/2013 6/10/2013 6/3/2013 5/28/2013 5/20/2013 5/13/2013 5/6/2013 4/29/2013 4/22/2013 4/15/2013 4/8/2013 4/1/2013 3/25/2013 3/18/2013 3/11/2013 3/4/2013 2/25/2013 2/19/2013 2/11/2013 2/4/2013 1/28/2013 1/22/2013 1/14/2013 1/7/2013 12/31/2012 12/24/2012 12/17/2012 12/10/2012 12/3/2012 26.110386 24.536285 25.903786 25.805403 22.184973 23.099918 23.877132 23.503283 22.83429 22.076756 21.791449 20.797796 20.384596 20.197672 18.771143 18.584219 17.580732 16.528051 15.898411 15.898411 15.750839 18.298914 18.613733 18.780983 17.934902 17.275747 16.567404 16.154203 16.075497 16.655947 16.74449 17.285587 17.915226 18.702278 17.472511 16.74449 16.321451 15.760678 15.878735 15.465534 16.695299 16.58708 15.721324 14.678484 13.389688 13.350336 14.265283 14.511235 13.891434 14.727674 14.206253 14.54075 14.491559 12.582963 13.222441 12.622315 12.563287 6.42% -5.28% 0.38% 16.32% -3.96% -3.26% 1.59% 2.93% 3.43% 1.31% 4.78% 2.03% 0.93% 7.60% 1.01% 5.71% 6.37% 3.96% 0.00% 0.94% -13.92% -1.69% -0.89% 4.72% 3.82% 4.28% 2.56% 0.49% -3.48% -0.53% -3.13% -3.51% -4.21% 7.04% 4.35% 2.59% 3.56% -0.74% 2.67% -7.37% 0.65% 5.51% 7.10% 9.63% 0.29% -6.41% -1.69% 4.46% -5.68% 3.67% -2.30% 0.34% 15.17% -4.84% 4.75% 0.47% -0.93% 11/26/2012 11/19/2012 11/12/2012 11/5/2012 10/31/2012 10/22/2012 10/15/2012 10/8/2012 10/1/2012 9/24/2012 9/17/2012 9/10/2012 9/4/2012 8/27/2012 8/20/2012 8/13/2012 8/6/2012 7/30/2012 7/23/2012 7/16/2012 7/9/2012 7/2/2012 6/25/2012 6/18/2012 6/11/2012 6/4/2012 5/29/2012 5/21/2012 5/14/2012 5/7/2012 4/30/2012 4/23/2012 4/16/2012 4/9/2012 4/2/2012 3/26/2012 3/19/2012 3/12/2012 3/5/2012 2/27/2012 2/21/2012 2/13/2012 2/6/2012 1/30/2012 1/23/2012 1/17/2012 1/9/2012 1/3/2012 12.681344 12.297657 11.569636 12.405876 12.327171 11.727046 11.28433 11.17611 11.471254 10.29068 10.49728 10.359546 11.943485 10.487442 10.930158 9.916831 9.906992 10.713719 11.166273 11.815589 14.216091 13.64548 13.114222 12.956812 11.835265 11.953322 12.435391 12.100895 9.897155 11.136758 10.526794 10.143108 9.188809 7.713091 7.654062 7.467137 7.427785 7.03426 6.916203 7.50649 6.87685 8.755932 8.706741 9.483953 8.047587 6.266886 5.873361 5.50935 3.12% 6.29% -6.74% 0.64% 5.12% 3.92% 0.97% -2.57% 11.47% -1.97% 1.33% -13.26% 13.88% -4.05% 10.22% 0.10% -7.53% -4.05% -5.50% -16.89% 4.18% 4.05% 1.21% 9.48% -0.99% -3.88% 2.76% 22.27% -11.13% 5.79% 3.78% 10.39% 19.13% 0.77% 2.50% 0.53% 5.59% 1.71% -7.86% 9.16% -21.46% 0.56% -8.20% 17.85% 28.41% 6.70% 6.61% Count 208 AAL Shape AVERAGE 1.20% Median 0.99% 40 RANGE 49.88% 35 30 Lower quartile -0.027425611 25 Upper Quartile 0.045424502 20 Variance 0.004390764 15 Standard Deviation 0.066262841 Standard Error 0.000318571 Frequency 10 5 0 0.355107371 2.170632684 Return Frequency (Values not in range) 0 -23.95% 1 -21.46% 0 -18.97% 1 -16.47% 1 -13.98% 4 -11.48% 1 -8.99% 11 -6.50% 19 -4.00% 31 -1.51% 35 0.98% 35 3.48% 34 5.97% 12 8.47% 11 10.96% 4 13.45% 2 15.95% 2 18.44% 2 20.93% 23.43% 25.92% 28.42% 1 0 1 0 Return AAL Shape Frequency Return Date Adjusted Close 12/28/2015 12/21/2015 12/14/2015 12/7/2015 11/30/2015 11/23/2015 11/16/2015 11/9/2015 11/2/2015 10/26/2015 10/19/2015 10/12/2015 10/5/2015 9/28/2015 9/21/2015 9/14/2015 9/8/2015 8/31/2015 8/24/2015 8/17/2015 8/10/2015 8/3/2015 7/27/2015 7/20/2015 7/13/2015 7/6/2015 6/29/2015 6/22/2015 6/15/2015 6/8/2015 6/1/2015 5/26/2015 5/18/2015 5/11/2015 5/4/2015 4/27/2015 4/20/2015 4/13/2015 4/6/2015 3/30/2015 3/23/2015 3/16/2015 3/9/2015 3/2/2015 2/23/2015 33.00094 34.29181 32.78415 32.80386 36.05567 36.35573 36.26813 36.33627 38.73078 36.63802 37.77687 38.35117 39.71389 37.0371 36.45308 37.0371 37.61139 38.91771 40.08216 35.8093 38.06121 38.23444 40.54409 40.63071 41.39097 43.29643 45.63496 47.55005 47.3672 46.48183 46.58826 46.88372 48.33246 48.8662 50.73431 52.16398 51.65883 52.03054 51.87804 48.61839 46.94091 47.33169 46.76935 49.62214 51.33161 Weekly Return -3.76% 4.60% -0.06% Count Measures of Central Tendency -9.02% Average Median Range -0.83% 0.24% -0.19% -6.18% Lower Quartile Measures of Dispersion Upper Quartile Variance 5.71% Standard Deviation -3.01% Standard Error -1.50% -3.43% Skewness 0.0676698377 7.23% Kurtosis 0.3518233731 1.60% -1.58% Return -1.53% (Values not in ran -3.36% -11% -2.91% -10% 11.93% -9% -5.92% -8% -0.45% -7% -5.70% -6% -0.21% -5% -1.84% -4% -4.40% -3% -5.12% -2% -4.03% -1% 0.39% 0 1.90% 1% -0.23% 2% -0.63% 3% -3.00% 4% -1.09% 5% -3.68% 6% -2.74% 7% 0.98% 8% -0.71% 9% 0.29% 10% 6.70% 11% 3.57% 12% -0.83% 1.20% -5.75% -3.33% -0.22% 2/17/2015 2/9/2015 2/2/2015 1/26/2015 1/20/2015 1/12/2015 1/5/2015 12/29/2014 12/22/2014 12/15/2014 12/8/2014 12/1/2014 11/24/2014 11/17/2014 11/10/2014 11/3/2014 10/27/2014 10/20/2014 10/13/2014 10/6/2014 9/29/2014 9/22/2014 9/15/2014 9/8/2014 9/2/2014 8/25/2014 8/18/2014 8/11/2014 8/4/2014 7/28/2014 7/21/2014 7/14/2014 7/7/2014 6/30/2014 6/23/2014 6/16/2014 6/9/2014 6/2/2014 5/27/2014 5/19/2014 5/12/2014 5/5/2014 4/28/2014 4/21/2014 4/14/2014 4/7/2014 51.44495 50.3966 48.57378 51.40717 53.97611 55.04335 58.44343 61.85294 62.99574 63.3452 58.13175 63.17519 62.87954 69.23878 66.91268 68.71353 68.132 68.95739 66.06854 65.95599 68.93864 73.62833 75.25098 75.63553 77.92399 80.61005 78.34368 76.58095 76.76748 75.62963 79.4349 79.69605 77.17786 77.42967 77.06593 74.22131 72.31868 71.52381 68.44856 68.47363 68.24789 66.89347 66.38347 69.78625 68.86658 65.34676 2.08% 3.75% -5.51% -4.76% -1.94% -5.82% -5.51% -1.81% -0.55% 8.97% -7.98% 0.47% -9.18% 3.48% -2.62% 0.85% -1.20% 4.37% 0.17% -4.33% -6.37% -2.16% -0.51% -2.94% -3.33% 2.89% 2.30% -0.24% 1.50% -4.79% -0.33% 3.26% -0.33% 0.47% 3.83% 2.63% 1.11% 4.49% -0.04% 0.33% 2.02% 0.77% -4.88% 1.34% 5.39% -1.01% 3/31/2014 3/24/2014 3/17/2014 3/10/2014 3/3/2014 2/24/2014 2/18/2014 2/10/2014 2/3/2014 1/27/2014 1/21/2014 1/13/2014 1/6/2014 12/30/2013 12/23/2013 12/16/2013 12/9/2013 12/2/2013 11/25/2013 11/18/2013 11/11/2013 11/4/2013 10/28/2013 10/21/2013 10/14/2013 10/7/2013 9/30/2013 9/23/2013 9/16/2013 9/9/2013 9/3/2013 8/26/2013 8/19/2013 8/12/2013 8/5/2013 7/29/2013 7/22/2013 7/15/2013 7/8/2013 7/1/2013 6/24/2013 6/17/2013 6/10/2013 6/3/2013 5/28/2013 5/20/2013 66.0156 64.93708 62.26168 62.37036 65.87911 64.19587 62.32933 63.67924 62.55431 62.50432 61.66271 64.13754 65.03749 65.62078 66.19575 65.30414 65.61245 67.98729 67.69859 69.49281 70.02442 68.28004 67.14204 68.71198 68.24682 65.88776 66.07049 64.79959 65.46411 64.99064 64.58531 61.51377 60.05664 60.21395 60.01524 59.86622 59.26185 61.30679 60.40437 59.48539 57.04305 56.47179 57.60603 57.90087 57.98335 57.71941 1.66% 4.30% -0.17% -5.33% 2.62% 2.99% -2.12% 1.80% 0.08% 1.36% -3.86% -1.38% -0.89% -0.87% 1.37% -0.47% -3.49% 0.43% -2.58% -0.76% 2.55% 1.69% -2.28% 0.68% 3.58% -0.28% 1.96% -1.02% 0.73% 0.63% 4.99% 2.43% -0.26% 0.33% 0.25% 1.02% -3.34% 1.49% 1.54% 4.28% 1.01% -1.97% -0.51% -0.14% 0.46% 2.12% 5/13/2013 5/6/2013 4/29/2013 4/22/2013 4/15/2013 4/8/2013 4/1/2013 3/25/2013 3/18/2013 3/11/2013 3/4/2013 2/25/2013 2/19/2013 2/11/2013 2/4/2013 1/28/2013 1/22/2013 1/14/2013 1/7/2013 12/31/2012 12/24/2012 12/17/2012 12/10/2012 12/3/2012 11/26/2012 11/19/2012 11/12/2012 11/5/2012 10/31/2012 10/22/2012 10/15/2012 10/8/2012 10/1/2012 9/24/2012 9/17/2012 9/10/2012 9/4/2012 8/27/2012 8/20/2012 8/13/2012 8/6/2012 7/30/2012 7/23/2012 7/16/2012 7/9/2012 7/2/2012 56.52345 56.26777 55.16253 54.70065 53.04281 56.79564 55.77289 58.3545 56.30076 58.17305 56.13491 55.12236 56.06082 57.07337 56.86757 58.66217 60.91778 59.897 58.35758 59.06555 54.23329 56.25016 53.40184 56.209 56.11922 59.65234 58.01724 56.66972 58.87177 61.27101 66.30776 64.27006 65.66687 65.82299 67.14586 69.70122 67.21302 64.65315 63.20091 64.41522 63.47167 61.83073 60.43593 56.78482 55.5131 54.69263 0.45% 2.00% 0.84% 3.13% -6.61% 1.83% -4.42% 3.65% -3.22% 3.63% 1.84% -1.67% -1.77% 0.36% -3.06% -3.70% 1.70% 2.64% -1.20% 8.91% -3.59% 5.33% -4.99% 0.16% -5.92% 2.82% 2.38% -3.74% -3.92% -7.60% 3.17% -2.13% -0.24% -1.97% -3.67% 3.70% 3.96% 2.30% -1.89% 1.49% 2.65% 2.31% 6.43% 2.29% 1.50% 3.45% 6/25/2012 6/18/2012 6/11/2012 6/4/2012 5/29/2012 5/21/2012 5/14/2012 5/7/2012 4/30/2012 4/23/2012 4/16/2012 4/9/2012 4/2/2012 3/26/2012 3/19/2012 3/12/2012 3/5/2012 2/27/2012 2/21/2012 2/13/2012 2/6/2012 1/30/2012 1/23/2012 1/17/2012 1/9/2012 1/3/2012 52.87118 51.76355 55.66898 54.53721 53.235 55.7739 51.94098 56.04418 58.25547 61.90821 63.61993 64.30788 65.29069 65.08594 65.99503 68.43565 66.55251 67.25583 70.36347 68.53159 67.5993 67.17405 63.29768 61.1714 59.78933 57.90838 2.14% -7.02% 2.08% 2.45% -4.55% 7.38% -7.32% -3.80% -5.90% -2.69% -1.07% -1.51% 0.31% -1.38% -3.57% 2.83% -1.05% -4.42% 2.67% 1.38% 0.63% 6.12% 3.48% 2.31% 3.25% 208 -0.21% -0.10% NOV Shape 21.12% 30 -0.0270308605 25 0.0208911619 20 0.0012232504 15 0.034974997 0.000168149 10 Frequency 5 0 Frequency 0 0 2 0 4 3 10 10 19 11 21 26 24 22 24 15 6 3 3 2 2 0 0 1 0 Return Frequency Adj Close Date 12/28/2015 12/21/2015 12/14/2015 12/7/2015 11/30/2015 11/23/2015 11/16/2015 11/9/2015 11/2/2015 10/26/2015 10/19/2015 10/12/2015 10/5/2015 9/28/2015 9/21/2015 9/14/2015 9/8/2015 8/31/2015 8/24/2015 8/17/2015 8/10/2015 8/3/2015 7/27/2015 7/20/2015 7/13/2015 7/6/2015 6/29/2015 6/22/2015 6/15/2015 6/8/2015 6/1/2015 5/26/2015 5/18/2015 5/11/2015 5/4/2015 4/27/2015 4/20/2015 4/13/2015 4/6/2015 3/30/2015 3/23/2015 3/16/2015 3/9/2015 3/2/2015 2/23/2015 Weekly Return 2043.94 2060.99 2005.55 2012.37 2091.69 2090.11 2089.17 2023.04 2099.2 2079.36 2075.15 2033.11 2014.89 1951.36 1931.34 1958.03 1961.05 1921.22 1988.87 1970.89 2091.54 2077.57 2103.84 2079.65 2126.64 2076.62 2076.78 2101.49 2109.99 2094.11 2092.83 2107.39 2126.06 2122.73 2116.1 2108.29 2117.69 2081.18 2102.06 2066.96 2061.02 2108.1 2053.4 2071.26 2104.5 -0.83% 2.76% -0.34% Count Measures of Central Tendency Average Median -3.79% Range 0.08% 0.04% 3.27% -3.63% Lower Quartile Measures of Dispersion Upper Quartile Variance 0.95% Standard Deviation 0.20% Standard Error 2.07% 0.90% Skewness 3.26% Kurtosis -0.3979933216 0.7310481813 1.04% -1.36% Return -0.15% (Values not in range) 2.07% -11% -3.40% -10% 0.91% -9% -5.77% -8% 0.67% -7% -1.25% -6% 1.16% -5% -2.21% -4% 2.41% -3% -0.01% -2% -1.18% -1% -0.40% 0 0.76% 1% 0.06% 2% -0.69% 3% -0.88% 4% 0.16% 5% 0.31% 6% 0.37% 7% -0.44% 8% 1.75% 9% -0.99% 10% 1.70% 0.29% -2.23% 2.66% -0.86% -1.58% -0.27% 2/17/2015 2/9/2015 2/2/2015 1/26/2015 1/20/2015 1/12/2015 1/5/2015 12/29/2014 12/22/2014 12/15/2014 12/8/2014 12/1/2014 11/24/2014 11/17/2014 11/10/2014 11/3/2014 10/27/2014 10/20/2014 10/13/2014 10/6/2014 9/29/2014 9/22/2014 9/15/2014 9/8/2014 9/2/2014 8/25/2014 8/18/2014 8/11/2014 8/4/2014 7/28/2014 7/21/2014 7/14/2014 7/7/2014 6/30/2014 6/23/2014 6/16/2014 6/9/2014 6/2/2014 5/27/2014 5/19/2014 5/12/2014 5/5/2014 4/28/2014 4/21/2014 4/14/2014 4/7/2014 2110.3 2096.99 2055.47 1994.99 2051.82 2019.42 2044.81 2058.2 2088.77 2070.65 2002.33 2075.37 2067.56 2063.5 2039.82 2031.92 2018.05 1964.58 1886.76 1906.13 1967.9 1982.85 2010.4 1985.54 2007.71 2003.37 1988.4 1955.06 1931.59 1925.15 1978.34 1978.22 1967.57 1985.44 1960.96 1962.87 1936.16 1949.44 1923.57 1900.53 1877.86 1878.48 1881.14 1863.4 1864.85 1815.69 0.63% 2.02% 3.03% -2.77% 1.60% -1.24% -0.65% -1.46% 0.88% 3.41% -3.52% 0.38% 0.20% 1.16% 0.39% 0.69% 2.72% 4.12% -1.02% -3.14% -0.75% -1.37% 1.25% -1.10% 0.22% 0.75% 1.71% 1.22% 0.33% -2.69% 0.01% 0.54% -0.90% 1.25% -0.10% 1.38% -0.68% 1.34% 1.21% 1.21% -0.03% -0.14% 0.95% -0.08% 2.71% -2.65% 3/31/2014 3/24/2014 3/17/2014 3/10/2014 3/3/2014 2/24/2014 2/18/2014 2/10/2014 2/3/2014 1/27/2014 1/21/2014 1/13/2014 1/6/2014 12/30/2013 12/23/2013 12/16/2013 12/9/2013 12/2/2013 11/25/2013 11/18/2013 11/11/2013 11/4/2013 10/28/2013 10/21/2013 10/14/2013 10/7/2013 9/30/2013 9/23/2013 9/16/2013 9/9/2013 9/3/2013 8/26/2013 8/19/2013 8/12/2013 8/5/2013 7/29/2013 7/22/2013 7/15/2013 7/8/2013 7/1/2013 6/24/2013 6/17/2013 6/10/2013 6/3/2013 5/28/2013 5/20/2013 1865.09 1857.62 1866.52 1841.13 1878.04 1859.45 1836.25 1838.63 1797.02 1782.59 1790.29 1838.7 1842.37 1831.37 1841.4 1818.32 1775.32 1805.09 1805.81 1804.76 1798.18 1770.61 1761.64 1759.77 1744.5 1703.2 1690.5 1691.75 1709.91 1687.99 1655.17 1632.97 1663.5 1655.83 1691.42 1709.67 1691.65 1692.09 1680.19 1631.89 1606.28 1592.43 1626.73 1643.38 1630.74 1649.6 0.40% -0.48% 1.38% -1.97% 1.00% 1.26% -0.13% 2.32% 0.81% -0.43% -2.63% -0.20% 0.60% -0.54% 1.27% 2.42% -1.65% -0.04% 0.06% 0.37% 1.56% 0.51% 0.11% 0.88% 2.42% 0.75% -0.07% -1.06% 1.30% 1.98% 1.36% -1.84% 0.46% -2.10% -1.07% 1.07% -0.03% 0.71% 2.96% 1.59% 0.87% -2.11% -1.01% 0.78% -1.14% -1.07% 5/13/2013 5/6/2013 4/29/2013 4/22/2013 4/15/2013 4/8/2013 4/1/2013 3/25/2013 3/18/2013 3/11/2013 3/4/2013 2/25/2013 2/19/2013 2/11/2013 2/4/2013 1/28/2013 1/22/2013 1/14/2013 1/7/2013 12/31/2012 12/24/2012 12/17/2012 12/10/2012 12/3/2012 11/26/2012 11/19/2012 11/12/2012 11/5/2012 10/31/2012 10/22/2012 10/15/2012 10/8/2012 10/1/2012 9/24/2012 9/17/2012 9/10/2012 9/4/2012 8/27/2012 8/20/2012 8/13/2012 8/6/2012 7/30/2012 7/23/2012 7/16/2012 7/9/2012 7/2/2012 1667.47 1633.7 1614.42 1582.24 1555.25 1588.85 1553.28 1569.19 1556.89 1560.7 1551.18 1518.2 1515.6 1519.79 1517.93 1513.17 1502.96 1485.98 1472.05 1466.47 1402.43 1430.15 1413.58 1418.07 1416.18 1409.15 1359.88 1379.85 1414.2 1411.94 1433.19 1428.59 1460.93 1440.67 1460.15 1465.77 1437.92 1406.58 1411.13 1418.16 1405.87 1390.99 1385.97 1362.66 1356.78 1354.68 2.07% 1.19% 2.03% 1.74% -2.11% 2.29% -1.01% 0.79% -0.24% 0.61% 2.17% 0.17% -0.28% 0.12% 0.31% 0.68% 1.14% 0.95% 0.38% 4.57% -1.94% 1.17% -0.32% 0.13% 0.50% 3.62% -1.45% -2.43% 0.16% -1.48% 0.32% -2.21% 1.41% -1.33% -0.38% 1.94% 2.23% -0.32% -0.50% 0.87% 1.07% 0.36% 1.71% 0.43% 0.16% -0.55% 6/25/2012 6/18/2012 6/11/2012 6/4/2012 5/29/2012 5/21/2012 5/14/2012 5/7/2012 4/30/2012 4/23/2012 4/16/2012 4/9/2012 4/2/2012 3/26/2012 3/19/2012 3/12/2012 3/5/2012 2/27/2012 2/21/2012 2/13/2012 2/6/2012 1/30/2012 1/23/2012 1/17/2012 1/9/2012 1/3/2012 1362.16 1335.02 1342.84 1325.66 1278.04 1317.82 1295.22 1353.39 1369.1 1403.36 1378.53 1370.26 1398.08 1408.47 1397.11 1404.17 1370.87 1369.63 1365.74 1361.23 1342.64 1344.9 1316.33 1315.38 1289.09 1277.81 2.03% -0.58% 1.30% 3.73% -3.02% 1.74% -4.30% -1.15% -2.44% 1.80% 0.60% -1.99% -0.74% 0.81% -0.50% 2.43% 0.09% 0.28% 0.33% 1.38% -0.17% 2.17% 0.07% 2.04% 0.88% 208 Frequency vs. Return 0.23935% 0.32666% 70 10.33484% 60 50 -0.0068364 0.0124929 40 0.0002660 30 0.0163088 0.0000784 Frequency 20 Fr 10 0 Frequency 0 0 0 0 0 0 1 1 6 12 24 38 62 35 21 6 2 0 0 0 0 0 0 Return Frequency Date 5 Year Treasury Weekly Return Risk Free Rate 12/28/2015 1.758 0.0335% 0.0243% 12/21/2015 1.718 0.0328% 12/14/2015 1.676 0.0320% 12/7/2015 1.571 0.0300% 11/30/2015 1.712 0.0326% 11/23/2015 1.653 0.0315% 11/16/2015 1.686 0.0322% 11/9/2015 1.67 0.0319% 11/2/2015 1.739 0.0332% 10/26/2015 1.528 0.0292% 10/19/2015 1.415 0.0270% 10/12/2015 1.346 0.0257% 10/5/2015 1.406 0.0269% 9/28/2015 1.286 0.0246% 9/21/2015 1.479 0.0282% 9/14/2015 1.437 0.0274% 9/8/2015 1.506 0.0287% 8/31/2015 1.465 0.0280% 8/24/2015 1.525 0.0291% 8/17/2015 1.439 0.0275% 8/10/2015 1.597 0.0305% 8/3/2015 1.582 0.0302% 7/27/2015 1.548 0.0295% 7/20/2015 1.623 0.0310% 7/13/2015 1.67 0.0319% 7/6/2015 1.678 0.0320% 6/29/2015 1.645 0.0314% 6/22/2015 1.755 0.0335% 6/15/2015 1.578 0.0301% 6/8/2015 1.734 0.0331% 6/1/2015 1.74 0.0332% 5/26/2015 1.467 0.0280% 5/18/2015 1.562 0.0298% 5/11/2015 1.46 0.0279% 5/4/2015 1.495 0.0285% 4/27/2015 1.507 0.0288% 4/20/2015 1.322 0.0253% 4/13/2015 1.292 0.0247% 4/6/2015 1.403 0.0268% 3/30/2015 1.346 0.0257% 3/23/2015 1.417 0.0271% 3/16/2015 1.416 0.0270% 3/9/2015 1.582 0.0302% 3/2/2015 1.696 0.0323% 2/23/2015 1.505 0.0287% 2/17/2015 2/9/2015 2/2/2015 1/26/2015 1/20/2015 1/12/2015 1/5/2015 12/29/2014 12/22/2014 12/15/2014 12/8/2014 12/1/2014 11/24/2014 11/17/2014 11/10/2014 11/3/2014 10/27/2014 10/20/2014 10/13/2014 10/6/2014 9/29/2014 9/22/2014 9/15/2014 9/8/2014 9/2/2014 8/25/2014 8/18/2014 8/11/2014 8/4/2014 7/28/2014 7/21/2014 7/14/2014 7/7/2014 6/30/2014 6/23/2014 6/16/2014 6/9/2014 6/2/2014 5/27/2014 5/19/2014 5/12/2014 5/5/2014 4/28/2014 4/21/2014 4/14/2014 4/7/2014 1.605 1.516 1.464 1.187 1.324 1.283 1.443 1.618 1.756 1.654 1.53 1.682 1.511 1.611 1.604 1.593 1.613 1.497 1.42 1.559 1.737 1.802 1.819 1.819 1.689 1.628 1.661 1.541 1.61 1.673 1.676 1.666 1.641 1.74 1.638 1.7 1.696 1.651 1.528 1.529 1.548 1.625 1.674 1.728 1.731 1.567 0.0306% 0.0289% 0.0280% 0.0227% 0.0253% 0.0245% 0.0276% 0.0309% 0.0335% 0.0316% 0.0292% 0.0321% 0.0288% 0.0307% 0.0306% 0.0304% 0.0308% 0.0286% 0.0271% 0.0298% 0.0331% 0.0344% 0.0347% 0.0347% 0.0322% 0.0311% 0.0317% 0.0294% 0.0307% 0.0319% 0.0320% 0.0318% 0.0313% 0.0332% 0.0312% 0.0324% 0.0323% 0.0315% 0.0292% 0.0292% 0.0295% 0.0310% 0.0319% 0.0330% 0.0330% 0.0299% 3/31/2014 3/24/2014 3/17/2014 3/10/2014 3/3/2014 2/24/2014 2/18/2014 2/10/2014 2/3/2014 1/27/2014 1/21/2014 1/13/2014 1/6/2014 12/30/2013 12/23/2013 12/16/2013 12/9/2013 12/2/2013 11/25/2013 11/18/2013 11/11/2013 11/4/2013 10/28/2013 10/21/2013 10/14/2013 10/7/2013 9/30/2013 9/23/2013 9/16/2013 9/9/2013 9/3/2013 8/26/2013 8/19/2013 8/12/2013 8/5/2013 7/29/2013 7/22/2013 7/15/2013 7/8/2013 7/1/2013 6/24/2013 6/17/2013 6/10/2013 6/3/2013 5/28/2013 5/20/2013 1.704 1.736 1.715 1.528 1.64 1.511 1.533 1.525 1.462 1.51 1.564 1.63 1.623 1.727 1.744 1.67 1.532 1.505 1.367 1.353 1.35 1.417 1.373 1.278 1.337 1.413 1.409 1.396 1.474 1.705 1.768 1.601 1.633 1.569 1.357 1.359 1.362 1.303 1.434 1.596 1.385 1.406 1.021 1.086 1.053 0.888 0.0325% 0.0331% 0.0327% 0.0292% 0.0313% 0.0288% 0.0293% 0.0291% 0.0279% 0.0288% 0.0298% 0.0311% 0.0310% 0.0329% 0.0333% 0.0319% 0.0292% 0.0287% 0.0261% 0.0258% 0.0258% 0.0271% 0.0262% 0.0244% 0.0255% 0.0270% 0.0269% 0.0267% 0.0281% 0.0325% 0.0337% 0.0305% 0.0312% 0.0299% 0.0259% 0.0260% 0.0260% 0.0249% 0.0274% 0.0305% 0.0265% 0.0269% 0.0195% 0.0208% 0.0201% 0.0170% 5/13/2013 5/6/2013 4/29/2013 4/22/2013 4/15/2013 4/8/2013 4/1/2013 3/25/2013 3/18/2013 3/11/2013 3/4/2013 2/25/2013 2/19/2013 2/11/2013 2/4/2013 1/28/2013 1/22/2013 1/14/2013 1/7/2013 12/31/2012 12/24/2012 12/17/2012 12/10/2012 12/3/2012 11/26/2012 11/19/2012 11/12/2012 11/5/2012 10/31/2012 10/22/2012 10/15/2012 10/8/2012 10/1/2012 9/24/2012 9/17/2012 9/10/2012 9/4/2012 8/27/2012 8/20/2012 8/13/2012 8/6/2012 7/30/2012 7/23/2012 7/16/2012 7/9/2012 7/2/2012 0.83 0.817 0.732 0.681 0.707 0.694 0.675 0.769 0.79 0.834 0.897 0.748 0.828 0.865 0.828 0.877 0.847 0.763 0.782 0.819 0.717 0.753 0.688 0.622 0.614 0.69 0.607 0.639 0.728 0.761 0.751 0.663 0.667 0.63 0.672 0.715 0.638 0.596 0.704 0.799 0.696 0.674 0.661 0.58 0.63 0.64 0.0159% 0.0156% 0.0140% 0.0131% 0.0135% 0.0133% 0.0129% 0.0147% 0.0151% 0.0160% 0.0172% 0.0143% 0.0159% 0.0166% 0.0159% 0.0168% 0.0162% 0.0146% 0.0150% 0.0157% 0.0137% 0.0144% 0.0132% 0.0119% 0.0118% 0.0132% 0.0116% 0.0123% 0.0140% 0.0146% 0.0144% 0.0127% 0.0128% 0.0121% 0.0129% 0.0137% 0.0122% 0.0114% 0.0135% 0.0153% 0.0133% 0.0129% 0.0127% 0.0111% 0.0121% 0.0123% 6/25/2012 6/18/2012 6/11/2012 6/4/2012 5/29/2012 5/21/2012 5/14/2012 5/7/2012 4/30/2012 4/23/2012 4/16/2012 4/9/2012 4/2/2012 3/26/2012 3/19/2012 3/12/2012 3/5/2012 2/27/2012 2/21/2012 2/13/2012 2/6/2012 1/30/2012 1/23/2012 1/17/2012 1/9/2012 1/3/2012 0.729 0.751 0.678 0.712 0.62 0.762 0.73 0.748 0.784 0.822 0.846 0.855 1.006 1.043 1.084 1.116 0.904 0.846 0.894 0.865 0.804 0.785 0.752 0.891 0.782 0.856 0.0140% 0.0144% 0.0130% 0.0136% 0.0119% 0.0146% 0.0140% 0.0143% 0.0150% 0.0157% 0.0162% 0.0164% 0.0193% 0.0200% 0.0207% 0.0213% 0.0173% 0.0162% 0.0171% 0.0166% 0.0154% 0.0150% 0.0144% 0.0171% 0.0150% 0.0164% Excess Returns Date IBM WMT GM AAL NOV 12/28/2015 -0.49% 0.74% -1.74% -3.37% -3.80% 12/21/2015 2.45% 3.33% 2.73% 6.59% 4.57% 12/14/2015 0.21% -0.89% -1.55% -2.41% -0.09% 12/7/2015 -4.20% -0.53% -4.72% -6.43% -9.05% 11/30/2015 1.39% 0.42% -0.36% 7.83% -0.86% 11/23/2015 -0.06% -0.33% 0.05% -1.24% 0.21% 11/16/2015 5.09% 6.44% 5.88% -2.91% -0.22% 11/9/2015 -4.73% -4.05% -4.06% -4.20% -6.21% 11/2/2015 -0.41% 2.66% 2.37% -1.73% 5.68% 10/26/2015 -3.21% -1.85% -2.92% 1.18% -3.04% 10/19/2015 -3.82% -1.03% 8.42% 4.46% -1.52% 10/12/2015 -1.34% -11.72% 0.58% 3.02% -3.46% 10/5/2015 5.38% 2.60% 3.82% 9.78% 7.20% 9/28/2015 -0.60% 1.86% 7.86% -4.03% 1.58% 9/21/2015 0.60% 0.67% -3.63% -7.50% -1.61% 9/14/2015 -1.97% -2.05% 1.17% 3.15% -1.55% 9/8/2015 2.53% 1.16% 5.65% 3.79% -3.39% 8/31/2015 -2.92% -1.64% -0.44% 5.10% -2.93% 8/24/2015 -0.61% -2.43% -2.06% -2.87% 11.90% 8/17/2015 -4.46% -8.10% -6.03% -7.33% -5.94% 8/10/2015 0.38% 1.56% -0.82% 3.32% -0.48% 8/3/2015 -3.48% -0.37% 0.70% 3.68% -5.73% 7/27/2015 1.37% 0.53% 1.42% 1.16% -0.24% 7/20/2015 -7.43% -2.50% 1.31% -4.31% -1.87% 7/13/2015 3.30% 0.34% -2.42% 0.43% -4.43% 7/6/2015 1.09% 1.72% -5.54% 5.55% -5.16% 6/29/2015 -0.26% -0.39% -3.38% -5.85% -4.06% 6/22/2015 -0.95% -0.89% -4.82% -0.32% 0.35% 6/15/2015 -0.03% 0.40% 1.09% 2.06% 1.87% 6/8/2015 -0.28% -0.90% 2.70% -2.45% -0.26% 6/1/2015 -1.36% -1.66% -2.40% -1.57% -0.66% 5/26/2015 -1.52% -2.12% 0.73% -0.59% -3.03% 5/18/2015 -0.63% -4.30% 2.23% -12.48% -1.12% 5/11/2015 0.31% 0.88% -1.19% -0.78% -3.71% 5/4/2015 0.15% 0.51% -0.31% -0.74% -2.77% 4/27/2015 4/20/2015 4/13/2015 4/6/2015 3/30/2015 3/23/2015 3/16/2015 3/9/2015 3/2/2015 2/23/2015 2/17/2015 2.26% 5.64% -1.37% 1.48% 0.01% -1.55% 5.55% -2.69% -2.16% -1.07% 2.00% -1.58% 2.49% -3.46% -0.13% -0.79% -2.30% 1.61% -0.27% -1.63% -0.47% -1.79% -0.51% -2.89% 0.17% 0.16% -2.20% -4.04% 2.13% 4.10% -1.29% -0.93% 0.05% -6.14% 9.35% 0.94% -2.98% -6.63% -5.59% 13.26% 2.51% 0.18% -6.14% 5.40% 0.95% -0.74% 0.27% 6.68% 3.55% -0.85% 1.18% -5.78% -3.36% -0.25% 2.05% 2/9/2015 2/2/2015 1/26/2015 1/20/2015 1/12/2015 1/5/2015 12/29/2014 12/22/2014 12/15/2014 12/8/2014 12/1/2014 11/24/2014 11/17/2014 11/10/2014 11/3/2014 10/27/2014 10/20/2014 10/13/2014 10/6/2014 9/29/2014 9/22/2014 9/15/2014 9/8/2014 9/2/2014 8/25/2014 8/18/2014 8/11/2014 8/4/2014 7/28/2014 7/21/2014 7/14/2014 7/7/2014 6/30/2014 6/23/2014 6/16/2014 6/9/2014 6/2/2014 5/27/2014 5/19/2014 5/12/2014 5/5/2014 4/28/2014 4/21/2014 4/14/2014 4/7/2014 3/31/2014 3/24/2014 3/17/2014 3/10/2014 3/3/2014 2/24/2014 2/18/2014 2/10/2014 2/3/2014 1/27/2014 1/21/2014 1/13/2014 2.32% 2.91% -1.67% -0.83% -1.26% -1.85% -0.20% 2.38% 1.98% -4.86% 0.65% 0.75% -2.00% 1.26% -0.77% 1.40% -11.00% -2.11% -1.48% -0.76% -2.07% 1.39% 0.01% -0.60% 0.96% 1.59% 0.37% -0.78% -2.73% 0.96% 2.36% -0.31% 3.72% 0.06% -0.59% -2.08% 1.06% -0.88% -0.63% -1.62% -0.16% 0.92% -0.23% -2.69% 1.75% 0.66% 1.99% 2.41% -2.94% 1.32% 1.27% -0.52% 3.60% 0.84% -1.68% -5.53% 1.48% -1.77% 2.74% -4.01% 1.98% -2.91% 3.99% -1.19% 2.02% 1.58% -0.40% -3.40% 3.39% 2.01% 5.29% 3.25% -0.17% 3.05% -5.38% 1.22% 1.05% -0.49% 1.38% -2.28% 2.63% -0.33% 2.44% -1.06% 2.17% -3.23% -1.48% 0.32% 1.38% 0.51% -0.48% 0.50% -2.53% 0.54% 1.51% -1.85% -2.79% 0.69% 0.60% 1.20% 1.48% -1.08% 1.68% -0.15% 2.42% -0.43% 0.45% 2.13% -3.55% 2.74% -1.27% 0.32% -2.35% -2.40% 4.47% 10.33% -3.37% 0.18% -5.39% 2.13% 3.26% 2.77% 3.90% -6.15% 1.46% 4.02% 1.04% 0.60% 0.57% 4.50% -0.69% -0.19% -10.31% 1.75% -2.30% 1.98% -2.98% -0.66% 1.60% 1.15% 0.90% 0.24% -4.68% -6.29% -1.45% 0.53% 3.03% 1.07% 1.62% -2.55% 6.55% 2.80% -1.12% -0.70% -2.15% 3.68% -0.80% 6.39% -8.30% 0.20% -0.83% 2.67% -8.78% 4.08% -1.36% 2.03% -0.47% 0.06% -2.07% -4.62% -3.60% 0.47% -1.72% -11.89% 11.78% -4.27% -3.53% 3.72% 2.43% 1.45% -2.07% 5.08% 12.02% -1.62% 1.84% 4.44% 4.07% 19.26% 8.42% -15.07% 0.80% -1.95% -2.74% -0.56% -2.68% -2.47% 1.65% 5.38% -5.74% -5.19% -2.92% 0.06% 3.00% -5.44% -1.27% 10.29% -8.01% 9.23% 2.66% 1.48% 0.68% 4.82% 1.33% 1.66% 5.07% -7.91% 3.27% -2.03% -0.67% -6.90% 5.63% 2.07% 5.09% -3.56% 6.29% 10.33% 1.24% 2.25% 3.72% -5.54% -4.78% -1.96% -5.84% -5.54% -1.84% -0.59% 8.94% -8.01% 0.44% -9.21% 3.45% -2.65% 0.82% -1.23% 4.34% 0.14% -4.36% -6.40% -2.19% -0.54% -2.97% -3.36% 2.86% 2.27% -0.27% 1.47% -4.82% -0.36% 3.23% -0.36% 0.44% 3.80% 2.60% 1.08% 4.46% -0.07% 0.30% 2.00% 0.74% -4.91% 1.30% 5.35% -1.04% 1.63% 4.26% -0.21% -5.36% 2.59% 2.97% -2.15% 1.77% 0.05% 1.34% -3.89% -1.41% 1/6/2014 12/30/2013 12/23/2013 12/16/2013 12/9/2013 12/2/2013 11/25/2013 11/18/2013 11/11/2013 11/4/2013 10/28/2013 10/21/2013 10/14/2013 10/7/2013 9/30/2013 9/23/2013 9/16/2013 9/9/2013 9/3/2013 8/26/2013 8/19/2013 8/12/2013 8/5/2013 7/29/2013 7/22/2013 7/15/2013 7/8/2013 7/1/2013 6/24/2013 6/17/2013 6/10/2013 6/3/2013 5/28/2013 5/20/2013 5/13/2013 5/6/2013 4/29/2013 4/22/2013 4/15/2013 4/8/2013 4/1/2013 3/25/2013 3/18/2013 3/11/2013 3/4/2013 2/25/2013 2/19/2013 2/11/2013 2/4/2013 1/28/2013 1/22/2013 1/14/2013 1/7/2013 12/31/2012 12/24/2012 12/17/2012 12/10/2012 0.30% 0.81% 2.78% 4.15% -2.77% -1.15% -0.92% -1.06% 1.75% 0.94% 1.32% 1.74% -6.68% 1.09% -1.54% -1.66% -1.15% 4.96% 0.38% -1.73% 0.01% -1.35% -3.31% -1.14% 1.94% 0.74% -1.49% 1.97% -2.25% -3.36% -2.03% -0.82% 1.10% -1.32% 1.93% 0.43% 5.24% 2.26% -10.13% 0.93% -1.84% 0.56% -1.34% 2.14% 3.66% 0.89% 0.04% -0.36% -1.31% 0.09% 5.38% 0.00% 0.22% 2.18% -1.87% 0.85% -0.11% -0.81% 0.20% 1.31% -0.86% -2.36% -0.78% 1.48% 0.72% 1.59% 1.13% 1.28% 0.46% 1.16% 2.75% -2.12% -1.97% 1.95% 2.41% -0.57% -0.66% -0.94% -3.66% -1.78% 0.94% -0.13% 0.55% 3.19% 0.94% 1.31% -1.84% -1.93% 1.97% -3.22% -0.74% -1.31% 0.13% 0.25% 0.94% -0.36% 2.83% 2.07% 0.73% 2.44% -0.74% 2.44% 1.89% 1.57% -3.07% 1.39% 2.14% -0.31% 0.82% -0.64% 2.13% -1.53% -0.16% -4.91% 1.13% -3.38% -0.16% 2.34% -0.35% 3.69% 2.90% -2.97% 5.73% -1.98% 5.03% -0.86% 1.50% -1.01% -1.87% -1.28% 2.11% -0.28% 6.04% -2.83% 1.95% -4.58% -2.54% 0.74% 0.14% 0.55% 4.96% 4.05% 3.39% -6.09% -2.13% 3.34% 3.08% -1.66% 6.35% -2.13% 5.23% 4.62% -1.60% 7.62% -1.09% -1.43% 0.02% 0.73% 2.89% 0.35% -2.36% -2.85% 1.40% -3.11% -0.73% -3.57% 1.66% 7.20% 1.93% 11.00% -2.32% 10.56% 6.38% -5.31% 0.35% 16.29% -3.99% -3.28% 1.56% 2.90% 3.40% 1.28% 4.75% 2.00% 0.90% 7.57% 0.98% 5.68% 6.34% 3.93% -0.03% 0.91% -13.95% -1.72% -0.92% 4.69% 3.79% 4.25% 2.53% 0.46% -3.51% -0.55% -3.15% -3.53% -4.23% 7.02% 4.33% 2.58% 3.54% -0.76% 2.66% -7.38% 0.64% 5.49% 7.09% 9.61% 0.28% -6.43% -1.71% 4.45% -5.69% 3.65% -2.32% 0.32% 15.15% -4.85% 4.74% 0.46% -0.92% -0.90% 1.33% -0.50% -3.52% 0.40% -2.61% -0.79% 2.53% 1.67% -2.31% 0.66% 3.55% -0.30% 1.93% -1.04% 0.70% 0.60% 4.96% 2.40% -0.29% 0.30% 0.22% 0.99% -3.36% 1.47% 1.52% 4.25% 0.99% -2.00% -0.53% -0.16% 0.44% 2.10% 0.44% 1.99% 0.83% 3.11% -6.62% 1.82% -4.44% 3.63% -3.23% 3.61% 1.82% -1.69% -1.79% 0.35% -3.08% -3.72% 1.69% 2.62% -1.21% 8.89% -3.60% 5.32% -5.01% 12/3/2012 11/26/2012 11/19/2012 11/12/2012 11/5/2012 10/31/2012 10/22/2012 10/15/2012 10/8/2012 10/1/2012 9/24/2012 9/17/2012 9/10/2012 9/4/2012 8/27/2012 8/20/2012 8/13/2012 8/6/2012 7/30/2012 7/23/2012 7/16/2012 7/9/2012 7/2/2012 6/25/2012 6/18/2012 6/11/2012 6/4/2012 5/29/2012 5/21/2012 5/14/2012 5/7/2012 4/30/2012 4/23/2012 4/16/2012 4/9/2012 4/2/2012 3/26/2012 3/19/2012 3/12/2012 3/5/2012 2/27/2012 2/21/2012 2/13/2012 2/6/2012 1/30/2012 1/23/2012 1/17/2012 1/9/2012 0.98% -1.78% 3.49% -1.44% -1.54% 0.07% -0.06% -6.96% -1.34% 1.50% 0.70% -0.41% 3.65% 2.37% -1.49% -1.73% 0.95% 0.80% 1.07% 2.03% 3.45% -2.83% -2.14% 0.96% -2.73% 2.02% 3.19% -2.70% -0.82% -2.64% -1.47% -0.90% 3.60% -1.59% -1.32% -1.54% 1.52% -0.28% 2.67% 0.89% 0.51% 2.23% 0.50% -0.26% 1.65% 1.01% 5.21% -1.87% 0.92% 2.58% 3.18% -5.93% -0.64% -3.13% -0.69% -0.27% 0.89% 1.79% -0.89% -0.08% 0.91% 1.67% 0.67% 0.15% -2.31% -0.65% 0.03% 3.13% -1.28% 2.54% 2.34% 3.58% -0.68% -0.70% 4.06% 0.36% 4.60% 5.05% 1.90% -0.57% -5.49% 4.47% -1.50% -0.89% 0.72% -0.17% 1.24% 2.48% 0.36% -5.92% 0.92% -0.22% 2.16% -0.51% 2.45% 0.90% -2.68% 2.65% 5.69% -4.76% -2.92% 10.77% -5.34% 0.60% -1.46% 9.00% -8.28% 2.72% 3.28% 9.45% 0.79% -3.78% 7.14% 2.48% 1.87% 1.59% -1.34% -3.41% 2.98% -4.29% -5.26% -1.42% 0.17% -1.93% 5.93% -3.74% -1.62% -4.99% -0.31% -0.86% -4.09% -3.29% 1.89% -1.59% -0.22% -3.16% 1.44% -4.66% 7.20% -2.61% 7.41% -2.53% 2.91% 5.96% -0.94% 3.11% 6.28% -6.75% 0.63% 5.10% 3.91% 0.95% -2.59% 11.46% -1.98% 1.32% -13.28% 13.87% -4.06% 10.20% 0.08% -7.54% -4.07% -5.51% -16.90% 4.17% 4.04% 1.20% 9.46% -1.00% -3.89% 2.75% 22.25% -11.14% 5.78% 3.77% 10.37% 19.12% 0.75% 2.48% 0.51% 5.57% 1.69% -7.88% 9.14% -21.48% 0.55% -8.21% 17.83% 28.40% 6.68% 6.59% 0.15% -5.93% 2.81% 2.37% -3.75% -3.93% -7.61% 3.16% -2.14% -0.25% -1.98% -3.68% 3.69% 3.95% 2.29% -1.90% 1.47% 2.64% 2.29% 6.42% 2.28% 1.49% 3.43% 2.13% -7.03% 2.06% 2.43% -4.56% 7.36% -7.34% -3.81% -5.92% -2.71% -1.09% -1.52% 0.30% -1.40% -3.59% 2.81% -1.06% -4.43% 2.66% 1.36% 0.62% 6.11% 3.46% 2.29% 3.23% S&P 500 Regression Analysis -0.86% 2.73% IBM -0.37% -3.82% SUMMARY OUTPUT 0.04% 0.01% Regression Statistics 3.24% Multiple R 0.54065569 -3.66% R Square 0.292308575 0.92% Adjusted R Square 0.17% Standard Error 2.04% Observations 0.28887318 0.021038139 208 0.88% 3.23% ANOVA 1.01% df -1.39% Regression -0.18% 2.04% SS MS 1 0.037659929 0.037659929 Residual 206 0.091176282 0.000442603 Total 207 0.128836212 -3.43% 0.88% Coefficients Standard Error t Stat -5.80% Intercept -0.002622603 0.001471412 -1.782371275 0.64% S&P 500 0.826942642 0.089648487 9.224278816 -1.28% 1.13% -2.24% 2.38% RESIDUAL OUTPUT -0.04% -1.21% Observation Predicted IBM Residuals -0.44% 1 -0.009740858 0.004848918 0.73% 2 0.019965879 0.004539492 0.03% 3 -0.005689507 0.007822351 -0.72% 4 -0.034229427 -0.007799727 -0.91% 5 -0.002267478 0.016169056 0.13% 6 -0.002511293 0.001907117 0.29% 7 0.024142925 0.026769299 0.34% 8 -0.03288791 -0.014447093 -0.47% 1.73% -1.02% 1.67% 0.26% -2.26% 2.64% -0.89% -1.61% -0.30% 0.60% 9 10 11 12 13 14 15 16 17 18 19 0.004993368 -0.001186119 0.014253176 0.004642522 0.024077922 0.005746138 -0.01412821 -0.004123015 0.014283512 -0.030981787 0.004680693 -0.009131341 -0.030900042 -0.052491118 -0.018024033 0.029672178 -0.011768416 0.020142775 -0.015557841 0.010968089 0.00177891 -0.0108166 1.99% 3.00% -2.79% 1.58% -1.27% -0.68% -1.49% 0.84% 3.38% -3.55% 0.35% 0.17% 1.13% 0.36% 0.66% 2.69% 4.10% -1.04% -3.17% -0.79% -1.40% 1.22% -1.14% 0.18% 0.72% 1.67% 1.19% 0.30% -2.72% -0.03% 0.51% -0.93% 1.22% -0.13% 1.35% -0.71% 1.31% 1.18% 1.18% -0.06% -0.17% 0.92% -0.11% 2.67% -2.68% 0.37% -0.51% 1.35% -1.99% 0.97% 1.23% -0.16% 2.29% 0.78% -0.46% -2.66% -0.23% 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 -0.050551838 0.002685928 -0.01319803 0.006751875 -0.021150704 0.017032721 -0.002950989 -0.012605575 -0.006230623 0.003399223 -0.00239027 -0.00861034 -0.010116032 -0.001571867 -0.000262224 0.000204723 -0.006531136 0.011675513 -0.011040891 0.011198496 -0.000451949 -0.021314426 0.019182478 -0.01000279 -0.015951427 -0.00513298 0.00237291 0.013842129 0.022215781 -0.025714408 0.010435842 -0.013093345 -0.008230299 -0.014980532 0.004336994 0.025331966 -0.031967299 0.000235788 -0.001234095 0.006723074 0.000339413 0.002809578 0.019629802 0.031248569 -0.011250215 -0.02882538 -0.009131368 -0.014238875 0.007444431 -0.0120407