Amazon Prices

Date
Open
High
Low
Close
Volume Adj Close
12/3/2012
192.57
197.24
186.53
187.77
0
187.77
11/1/2012
179.81
193.25
172.05
193.25
100
193.25
10/1/2012
199.57
200.49
168.94
178.78
100
178.78
9/3/2012
196.68
203.99
193.31
197.85
200
197.85
8/1/2012
189.05
198.84
187.73
197.64
100
197.64
7/2/2012
180.65
194.57
174.85
190.21
200
190.21
6/1/2012
171.96
181.86
166
175.35
0
175.35
5/1/2012
175.75
179.87
166.67
171.1
0
171.1
4/2/2012
151.31
175.99
141.3
175.75
300
175.75
3/1/2012
134
155.07
133.97
152.87
200
152.87
2/1/2012
136.79
146.85
132.77
135.66
400
135.66
1/2/2012
134.24
151.08
133.9
146.68
300
146.68
12/1/2011
142.63
147.94
129.95
134.05
200
134.05
11/1/2011
152.83
162.42
136.88
142.26
200
142.26
10/3/2011
160.8
179.49
141.43
153.95
300
153.95
9/1/2011
149.81
178.2
145.05
160.65
300
160.65
8/1/2011
157.3
157.3
123.85
149.04
200
149.04
7/1/2011
140.7
157
140.7
154.08
200
154.08
6/1/2011
136.18
141.7
126.39
139.3
0
139.3
5/2/2011
132.99
144.55
132.4
135.97
100
135.97
4/1/2011
126.62
132.27
122.5
131.47
200
131.47
3/1/2011
125.29
127.69
113.29
127.48
200
127.48
2/1/2011
123.45
141.37
123.45
125.57
100
125.57
1/3/2011
135.7
144.72
121
125.05
200
125.05

Apple Prices
Date
Open
High
Low
Close
Volume
Adj Close
12/3/2012
593.65
594.59
501.23
532.17 22843200
529.09
11/1/2012
598.22
603
505.75
585.28 22655000
581.89
10/1/2012
671.16
676.75
587.7
595.32 21518400
589.18
9/4/2012
665.76
705.07
656
667.1 18297200
660.22
8/1/2012
615.91
680.87
600.25
665.24 13376500
658.38
7/2/2012
584.73
619.87
570
610.76 15938700
601.88
6/1/2012
569.16
590
548.5
584 14077000
575.51
5/1/2012
584.9
596.76
522.18
577.73 18827900
569.33
4/2/2012
601.83
644
555
583.98 28759100
575.49
3/1/2012
548.17
621.45
516.22
599.55 26486000
590.83
2/1/2012
458.41
547.61
453.98
542.44 22001000
534.55
1/3/2012
409.4
458.24
409
456.48 12949100
449.84
12/1/2011
382.54
409.09
377.68
405 11030900
399.11
11/1/2011
397.41
408
363.32
382.2 15936300
376.64
10/3/2011
380.37
426.7
354.24
404.78 23004900
398.89
9/1/2011
385.82
422.86
366.48
381.32 21301100
375.77
8/1/2011
397.78
399.5
353.02
384.83 25877600
379.23
7/1/2011
335.95
404.5
334.2
390.48 20155000
384.8
6/1/2011
348.87
352.13
310.5
335.67 15563200
330.79
5/2/2011
349.74
351.83
329.42
347.83 12465600
342.77
4/1/2011
351.11
355.13
320.16
350.13 18321700
345.04
3/1/2011
355.47
361.67
326.26
348.51 17982100
343.44
2/1/2011
341.3
364.9
337.72
353.21 18231200
348.07
1/3/2011
325.64
348.6
324.84
339.32 20033500
334.38

Returns and Standar Deviation of Portfolio

MONTHS

Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12

AMAZON

125.05
125.57
127.48
131.47
135.97
139.3
154.08
149.04
160.65
153.95
142.26
134.05
146.68
135.66
152.87
175.75
171.1
175.35
190.21
197.64
197.85
178.78
193.25
187.77

APPLE

334.38
348.07
343.44
345.04
342.77
330.79
384.8
379.23
375.77
398.89
376.64
399.11
449.84
534.55
590.83
575.49
569.33
575.51
601.88
658.38
660.22
589.18
581.89
529.09
Average

Standard Deviation
of Amazon

0.0654

Amazon
(Return)
0.0042
0.0152
0.0313
0.0342
0.0245
0.1061
-0.0327
0.0779
-0.0417
-0.0759
-0.0577
0.0942
-0.0751
0.1269
0.1497
-0.0265
0.0248
0.0847
0.0391
0.0011
-0.0964
0.0809
-0.0284

Am-Am( R ) {Am-Am( R )}2

-0.0150
-0.0040
0.0121
0.0150
0.0053
0.0869
-0.0519
0.0587
-0.0609
-0.0951
-0.0769
0.0750
-0.0943
0.1077
0.1305
-0.0457
0.0056
0.0655
0.0199
-0.0181
-0.1156
0.0617
-0.0476

Apple
App-App( R ) {App-App( R )}2
(Return)

0.0002
0.0000
0.0001
0.0002
0.0000
0.0076
0.0027
0.0034
0.0037
0.0091
0.0059
0.0056
0.0089
0.0116
0.0170
0.0021
0.0000
0.0043
0.0004
0.0003
0.0134
0.0038
0.0023

0.0409
-0.0133
0.0047
-0.0066
-0.0350
0.1633
-0.0145
-0.0091
0.0615
-0.0558
0.0597
0.1271
0.1883
0.1053
-0.0260
-0.0107
0.0109
0.0458
0.0939
0.0028
-0.1076
-0.0124
-0.0907

0.4604

0.1027

0.5225

0.0192

Average

0.0218

Standard Deviation of Apple

0.0716

0.0191
-0.0351
-0.0171
-0.0284
-0.0568
0.1415
-0.0363
-0.0309
0.0397
-0.0776
0.0379
0.1053
0.1665
0.0835
-0.0478
-0.0325
-0.0109
0.0240
0.0721
-0.0190
-0.1294
-0.0342
-0.1125

0.0004
0.0012
0.0003
0.0008
0.0032
0.0200
0.0013
0.0010
0.0016
0.0060
0.0014
0.0111
0.0277
0.0070
0.0023
0.0011
0.0001
0.0006
0.0052
0.0004
0.0167
0.0012
0.0127
0.1232

COV1,2

COV1,2

-0.00029
0.00014
-0.00021
-0.00043
-0.00030
0.01229
0.00188
-0.00182
-0.00242
0.00738
-0.00291
0.00790
-0.01571
0.00899
-0.00623
0.00148
-0.00006
0.00157
0.00143
0.00034
0.01496
-0.00211
0.00535
0.0013

W1

W2

1
0.8
0.6
0.4
0.2
0

0.00136

0
0.2
0.4
0.6
0.8
1

Expected
Return E( R)

1.9183
1.97008
2.02186
2.07364
2.12542
2.1772

Standard Deviation
of Portfolio
42.7991
29.6207
24.3238
26.9083
37.3743
55.7217

Graphical Presentation

Risk & Return

2.2

R 2.15
e 2.1
t 2.05
2
u
1.95
r
n 1.9

Risk & Return

0.0

5.0

Risk

10.0

dard Deviation
f Portfolio
6.5
5.4
4.9
5.2
6.1
7.5