0 0.1 0.2 0.3 0.4 0.

5
Inversion conservadora -9 -7.5 -6 -4.5 -3 -1.5
Inversion especulativa -27 -23 -19 -15 -11 -7
Inversion contraciclica 13.5 12 10.5 9 7.5 6

Chart Title
20

15

10

5
Invers i on cons erva
0
1 2 3 4 5 6 7 8 9 10 Invers i on es pecul
-5 Invers i on contraci

-10

-15

-20

-25

-30
 0.6 0.7 0.8 0.9
0 1.5 3 4.5
-3 1 5 9
4.5 3 1.5 0

Invers i on cons erva dora

10 Invers i on es pecul ativa
Invers i on contraci cl i ca