RENDIMIENTO

Date ALIBABA GOOGLE MICROSOF ALIBABA GOOGLE MICROSOF

11/1/2014 111.64 549.08 47.81
12/1/2014 103.94 530.66 46.45 -6.90% -3.35% -2.84%
1/1/2015 89.08 537.55 40.40 -14.30% 1.30% -13.02%
2/1/2015 85.12 562.63 43.85 -4.45% 4.67% 8.54%
3/1/2015 83.24 554.70 40.66 -2.21% -1.41% -7.27%
4/1/2015 81.29 548.77 48.64 -2.34% -1.07% 19.63%
5/1/2015 89.32 545.32 46.86 9.88% -0.63% -3.66%
6/1/2015 82.27 540.04 44.15 -7.89% -0.97% -5.78%
7/1/2015 78.34 657.50 46.70 -4.78% 21.75% 5.78%
8/1/2015 66.12 647.82 43.52 -15.60% -1.47% -6.81%
9/1/2015 58.97 638.37 44.26 -10.81% -1.46% 1.70%
10/1/2015 83.83 737.39 52.64 42.16% 15.51% 18.93%
11/1/2015 84.08 762.85 54.35 0.30% 3.45% 3.25%
12/1/2015 81.27 778.01 55.48 -3.34% 1.99% 2.08%
1/1/2016 67.03 761.35 55.09 -17.52% -2.14% -0.70%
2/1/2016 68.81 717.22 50.88 2.66% -5.80% -7.64%
3/1/2016 79.03 762.90 55.23 14.85% 6.37% 8.55%
4/1/2016 76.94 707.88 49.87 -2.64% -7.21% -9.70%
5/1/2016 82.00 748.85 53.00 6.58% 5.79% 6.28%
6/1/2016 79.53 703.53 51.17 -3.01% -6.05% -3.45%
7/1/2016 82.48 791.34 56.68 3.71% 12.48% 10.77%
8/1/2016 97.19 789.85 57.46 17.83% -0.19% 1.38%
9/1/2016 105.79 804.06 57.60 8.85% 1.80% 0.24%
10/1/2016 101.69 809.90 59.92 -3.88% 0.73% 4.03%
11/1/2016 94.02 775.88 60.26 -7.54% -4.20% 0.57%
12/1/2016 87.81 809.45 62.14 -6.60% 4.33% 3.12%
1/1/2017 101.31 820.19 64.65 15.37% 1.33% 4.04%
2/1/2017 102.90 844.93 63.98 1.57% 3.02% -1.04%
3/1/2017 107.83 847.80 65.86 4.79% 0.34% 2.94%
4/1/2017 115.50 924.52 68.46 7.11% 9.05% 3.95%
5/1/2017 122.46 987.09 69.84 6.03% 6.77% 2.02%
6/1/2017 140.90 929.68 68.93 15.06% -5.82% -1.30%
7/1/2017 154.95 945.50 72.70 9.97% 1.70% 5.47%
8/1/2017 171.74 955.24 74.77 10.84% 1.03% 2.85%
9/1/2017 172.71 973.72 74.49 0.56% 1.93% -0.37%
10/1/2017 184.89 1033.04 83.18 7.05% 6.09% 11.67%
11/1/2017 177.08 1036.17 84.17 -4.22% 0.30% 1.19%
12/1/2017 172.43 1053.40 85.54 -2.63% 1.66% 1.63%
1/1/2018 204.29 1182.22 95.01 18.48% 12.23% 11.07%
2/1/2018 186.14 1103.92 93.77 -8.88% -6.62% -1.31%
3/1/2018 183.54 1037.14 91.27 -1.40% -6.05% -2.67%
4/1/2018 178.54 1018.58 93.52 -2.72% -1.79% 2.47%
5/1/2018 198.01 1100.00 98.84 10.91% 7.99% 5.69%
 6/1/2018 185.53 1129.19 98.61 -6.30% 2.65% -0.23%
7/1/2018 187.23 1227.22 106.08 0.92% 8.68% 7.58%
8/1/2018 175.01 1231.80 112.33 -6.53% 0.37% 5.89%
9/1/2018 164.76 1207.08 114.37 -5.86% -2.01% 1.82%
10/1/2018 142.28 1090.58 106.81 -13.64% -9.65% -6.61%
11/1/2018 160.86 1109.65 110.89 13.06% 1.75% 3.82%
12/1/2018 137.07 1044.96 101.57 -14.79% -5.83% -8.40%
1/1/2019 168.49 1125.89 104.43 22.92% 7.74% 2.82%
2/1/2019 183.03 1126.55 112.03 8.63% 0.06% 7.28%
3/1/2019 182.45 1176.89 117.94 -0.32% 4.47% 5.28%
4/1/2019 185.57 1198.96 130.60 1.71% 1.88% 10.73%
5/1/2019 149.26 1106.50 123.68 -19.57% -7.71% -5.30%
6/1/2019 168.99 1082.80 133.96 13.22% -2.14% 8.31%
7/1/2019 173.11 1218.20 136.27 2.44% 12.50% 1.72%
8/1/2019 175.03 1190.53 137.86 1.11% -2.27% 1.17%
9/1/2019 167.23 1221.14 139.03 -4.46% 2.57% 0.85%
10/1/2019 165.77 1177.92 134.65 -0.87% -3.54% -3.15%

Rend. Promed 1.23% 1.47% 1.96%

Riesgo 10.94% 6.02% 6.33%
 Portafolio de
*
Inversión
Precios Ajustados (USD)

FECHA ALIBABA GOOGLE MICOSOFT

11/1/2014 111.64 540.35 47.81

12/1/2014 103.94 524.96 46.45
1/1/2015 89.08 533.06 40.40
2/1/2015 85.12 556.87 43.85
3/1/2015 83.24 546.50 40.66
4/1/2015 81.29 537.34 48.64
5/1/2015 89.32 532.11 46.86
6/1/2015 82.27 520.51 44.15
7/1/2015 78.34 625.61 46.70
8/1/2015 66.12 637.61 43.52
9/1/2015 58.97 608.42 44.26
10/1/2015 83.83 710.81 52.64
11/1/2015 84.08 742.60 54.35
12/1/2015 81.27 758.88 55.48
1/1/2016 67.03 742.95 55.09
2/1/2016 68.81 697.77 50.88
3/1/2016 79.03 744.95 55.23
4/1/2016 76.94 693.01 49.87
5/1/2016 82.00 735.72 53.00
6/1/2016 79.53 692.10 51.17
7/1/2016 82.48 768.79 56.68
8/1/2016 97.19 767.05 57.46
9/1/2016 105.79 777.29 57.60
10/1/2016 101.69 784.54 59.92
11/1/2016 94.02 758.04 60.26
12/1/2016 87.81 771.82 62.14
1/1/2017 101.31 796.79 64.65
2/1/2017 102.90 823.21 63.98
3/1/2017 107.83 829.56 65.86
4/1/2017 115.50 905.96 68.46
5/1/2017 122.46 964.86 69.84
6/1/2017 140.90 908.73 68.93
7/1/2017 154.95 930.50 72.70
8/1/2017 171.74 939.33 74.77
9/1/2017 172.71 959.11 74.49
10/1/2017 184.89 1016.64 83.18
11/1/2017 177.08 1021.41 84.17
12/1/2017 172.43 1046.40 85.54
1/1/2018 204.29 1169.94 95.01
2/1/2018 186.14 1104.73 93.77
3/1/2018 183.54 1031.79 91.27
4/1/2018 178.54 1017.33 93.52
5/1/2018 198.01 1084.99 98.84
6/1/2018 185.53 1115.65 98.61
7/1/2018 187.23 1217.26 106.08
8/1/2018 175.01 1218.19 112.33
9/1/2018 164.76 1193.47 114.37
10/1/2018 142.28 1076.77 106.81
11/1/2018 160.86 1094.43 110.89
12/1/2018 137.07 1035.61 101.57
1/1/2019 168.49 1116.37 104.43
2/1/2019 183.03 1119.92 112.03
3/1/2019 182.45 1173.31 117.94
4/1/2019 185.57 1188.48 130.60
5/1/2019 149.26 1103.63 123.68
6/1/2019 168.99 1080.91 133.96
7/1/2019 173.11 1216.68 136.27
8/1/2019 175.03 1188.10 137.86
9/1/2019 167.23 1219.00 139.03
10/1/2019 169.48 1187.83 136.28
10/4/2019 170.34 1209.00 138.12

Coeficiente de variación

ALIBABA
GOOGLE
MICROSOF
afolio de
ersión 24%
Retornos mensuales
11% 15%
-30% -17% -16%
Probab. ALIBABA GOOGLE MICROSOF

1/23 7.41% 2.93% 2.93%

1/23 16.68% -1.52% 14.98%
1/23 4.65% -4.28% -7.87%
1/23 2.26% 1.90% 7.85%
1/23 2.40% 1.70% -16.41%
1/23 -8.99% 0.98% 3.80%
1/23 8.57% 2.23% 6.14%
1/23 5.02% -16.80% -5.46%
1/23 18.48% -1.88% 7.31%
1/23 12.12% 4.80% -1.67%
1/23 -29.66% -14.40% -15.92%
1/23 -0.30% -4.28% -3.15%
1/23 3.46% -2.15% -2.04%
1/23 21.24% 2.14% 0.71%
1/23 -2.59% 6.47% 8.27%
1/23 -12.93% -6.33% -7.88%
1/23 2.72% 7.49% 10.75%
1/23 -6.17% -5.81% -5.91%
1/23 3.11% 6.30% 3.58%
1/23 -3.58% -9.98% -9.72%
1/23 -15.14% 0.23% -1.36%
1/23 -8.13% -1.32% -0.24%
1/23 4.03% -0.92% -3.87%
1/23 8.16% 3.50% -0.56%
1/23 7.07% -1.79% -3.03%
1/23 -13.33% -3.13% -3.88%
1/23 -1.55% -3.21% 1.05%
1/23 -4.57% -0.77% -2.85%
1/23 -6.64% -8.43% -3.80%
1/23 -5.68% -6.10% -1.98%
1/23 -13.09% 6.18% 1.32%
1/23 -9.07% -2.34% -5.19%
 1/23 -9.78% -0.94% -2.77%
1/23 -0.56% -2.06% 0.38%
1/23 -6.59% -5.66% -10.45%
1/23 4.41% -0.47% -1.18%
1/23 2.70% -2.39% -1.60%
1/23 -15.60% -10.56% -9.97%
1/23 9.75% 5.90% 1.32%
1/23 1.42% 7.07% 2.74%
1/23 2.80% 1.42% -2.41%
1/23 -9.83% -6.24% -5.38%
1/23 6.73% -2.75% 0.23%
1/23 -0.91% -8.35% -7.04%
1/23 6.98% -0.08% -5.56%
1/23 6.22% 2.07% -1.78%
1/23 15.80% 10.84% 7.08%
1/23 -11.55% -1.61% -3.68%
1/23 17.36% 5.68% 9.18%
1/23 -18.65% -7.23% -2.74%
1/23 -7.94% -0.32% -6.78%
1/23 0.32% -4.55% -5.01%
1/23 -1.68% -1.28% -9.69%
1/23 24.33% 7.69% 5.60%
1/23 -11.68% 2.10% -7.67%
1/23 -2.38% -11.16% -1.70%
1/23 -1.10% 2.41% -1.15%
1/23 4.66% -2.53% -0.84%
1/23 -1.33% 2.62% 2.02%
1/23 -0.50% -1.75% -1.33%
2.61

Retorno esperado -0.18% -1.18% -1.57%

Varianza 1% 0% 0%

Desviacion Estandar 10% 6% 6%

Coeficiente de variación

Desempeño

COVARIANZA
ALIBABA GOOGLE MICROSOF
0.002715761830159
 (A) (B) ©
ALIBABA GOOGLE
dif c/promed dif c/promed

7.59% 4.11% 0.31%

16.86% -0.34% -0.06%
3.62% -3.10% -0.11%
2.44% 3.08% 0.07%
-7.83% 2.88% -0.23%
-8.81% 2.16% -0.19%
8.75% 3.41% 0.30%
5.19% -15.62% -0.81%
18.66% -0.70% -0.13%
12.30% 5.98% 0.74%
-29.48% -13.23% 3.90%
-0.12% -3.10% 0.00%
3.63% -0.97% -0.04%
21.42% 3.32% 0.71%
-2.41% 7.65% -0.18%
-12.75% -5.16% 0.66%
2.89% 8.67% 0.25%
-5.99% -4.63% 0.28%
3.28% 7.48% 0.25%
-3.40% -8.80% 0.30%
-14.96% 1.41% -0.21%
-7.95% -0.14% 0.01%
4.21% 0.25% 0.01%
8.33% 4.67% 0.39%
7.25% -0.61% -0.04%
-13.15% -1.96% 0.26%
-1.37% -2.03% 0.03%
-4.40% 0.41% -0.02%
-6.46% -7.25% 0.47%
-5.51% -4.93% 0.27%
-12.91% 7.35% -0.95%
-8.89% -1.16% 0.10%
 -9.60% 0.24% -0.02%
-0.38% -0.88% 0.00%
-6.41% -4.48% 0.29%
4.59% 0.71% 0.03%
2.87% -1.21% -0.03%
-15.42% -9.38% 1.45%
9.93% 7.08% 0.70%
1.59% 8.25% 0.13%
2.98% 2.60% 0.08%
-9.66% -5.06% 0.49%
6.90% -1.57% -0.11%
-0.73% -7.17% 0.05%
7.16% 1.10% 0.08%
6.40% 3.25% 0.21%
15.98% 12.02% 1.92%
-11.37% -0.44% 0.05%
17.53% 6.86% 1.20%
-18.47% -6.06% 1.12%
-7.77% 0.86% -0.07%
0.49% -3.37% -0.02%
-1.50% -0.10% 0.00%
24.50% 8.87% 2.17%
-11.50% 3.28% -0.38%
-2.20% -9.98% 0.22%
-0.92% 3.58% -0.03%
4.84% -1.36% -0.07%
-1.15% 3.80% -0.04%
-0.33% -0.57% 0.00%

Covarianza 0.69%
0.27%
 VARIANZA Varianza ALIBABA

Diferencias con el Cuadrado de

Probab. RETORNOS
promedio las diferencias

1/23 7.41% 7.59% 1%

1/23 16.68% 16.86% 3%
1/23 4.65% 4.65% 0%
1/23 2.26% 1.23% 0%
1/23 2.40% -7.75% 1%
1/23 -8.99% -8.99% 1%
1/23 8.57% 8.57% 1%
1/23 5.02% 5.02% 0%
1/23 18.48% 18.48% 3%
1/23 12.12% 12.12% 1%
1/23 -29.66% -29.66% 9%
1/23 -0.30% -0.30% 0%
1/23 3.46% 3.46% 0%
1/23 21.24% 21.24% 5%
1/23 -2.59% -2.59% 0%
1/23 -12.93% -12.93% 2%
1/23 2.72% 2.72% 0%
1/23 -6.17% -6.17% 0%
1/23 3.11% 3.11% 0%
1/23 -3.58% -3.58% 0%
1/23 -15.14% -15.14% 2%
1/23 -8.13% -8.13% 1%
1/23 4.03% 4.03% 0%
1/23 8.16% 8.16% 1%
1/23 7.07% 7.07% 1%
1/23 -13.33% -13.33% 2%
1/23 -1.55% -1.55% 0%
1/23 -4.57% -4.57% 0%
1/23 -6.64% -6.64% 0%
1/23 -5.68% -5.68% 0%
1/23 -13.09% -13.09% 2%
1/23 -9.07% -9.07% 1%
 1/23 -9.78% -9.78% 1%
1/23 -0.56% -0.56% 0%
1/23 -6.59% -6.59% 0%
1/23 4.41% 4.41% 0%
1/23 2.70% 2.70% 0%
1/23 -15.60% -15.60% 2%
1/23 9.75% 9.75% 1%
1/23 1.42% 1.42% 0%
1/23 2.80% 2.80% 0%
1/23 -9.83% -9.83% 1%
1/23 6.73% 6.73% 0%
1/23 -0.91% -0.91% 0%
1/23 6.98% 6.98% 0%
1/23 6.22% 6.22% 0%
1/23 15.80% 15.80% 2%
1/23 -11.55% -11.55% 1%
1/23 17.36% 17.36% 3%
1/23 -18.65% -18.65% 3%
1/23 -7.94% -7.94% 1%
1/23 0.32% 0.32% 0%
1/23 -1.68% -1.68% 0%
1/23 24.33% 24.33% 6%
1/23 -11.68% -11.68% 1%
1/23 -2.38% -2.38% 0%
1/23 -1.10% -1.10% 0%
1/23 4.66% 4.66% 0%
1/23 -1.33% -1.33% 0%
1/23 -0.50% -0.50% 0%

Retorno esperado -0.18%

Varianza 0.01029385
Desviación Estandar 0.10145859
nza ALIBABA

Cuadrado*probab

0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
 0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%

3% suma(cuadrado*prob)
0.16467949794118 Raiz(S74)
 Portafolio de
* Inversión
24.33%
-29.66%
Retornos mensuales
10.84%
-16.80%
14.98%
-16.41%
FECHA Probab. ALIBABA GOOGLE MICROSOF
11/1/2014
12/1/2014 1/23 7.41% 2.93% 2.93%
1/1/2015 1/23 16.68% -1.52% 14.98%
2/1/2015 1/23 4.65% -4.28% -7.87%
3/1/2015 1/23 2.26% 1.90% 7.85%
4/1/2015 1/23 2.40% 1.70% -16.41%
5/1/2015 1/23 -8.99% 0.98% 3.80%
6/1/2015 1/23 8.57% 2.23% 6.14%
7/1/2015 1/23 5.02% -16.80% -5.46%
8/1/2015 1/23 18.48% -1.88% 7.31%
9/1/2015 1/23 12.12% 4.80% -1.67%
10/1/2015 1/23 -29.66% -14.40% -15.92%
11/1/2015 1/23 -0.30% -4.28% -3.15%
12/1/2015 1/23 3.46% -2.15% -2.04%
1/1/2016 1/23 21.24% 2.14% 0.71%
2/1/2016 1/23 -2.59% 6.47% 8.27%
3/1/2016 1/23 -12.93% -6.33% -7.88%
4/1/2016 1/23 2.72% 7.49% 10.75%
5/1/2016 1/23 -6.17% -5.81% -5.91%
6/1/2016 1/23 3.11% 6.30% 3.58%
7/1/2016 1/23 -3.58% -9.98% -9.72%
8/1/2016 1/23 -15.14% 0.23% -1.36%
9/1/2016 1/23 -8.13% -1.32% -0.24%
10/1/2016 1/23 4.03% -0.92% -3.87%
11/1/2016 1/23 8.16% 3.50% -0.56%
12/1/2016 1/23 7.07% -1.79% -3.03%
1/1/2017 1/23 -13.33% -3.13% -3.88%
2/1/2017 1/23 -1.55% -3.21% 1.05%
3/1/2017 1/23 -4.57% -0.77% -2.85%
4/1/2017 1/23 -6.64% -8.43% -3.80%
5/1/2017 1/23 -5.68% -6.10% -1.98%
6/1/2017 1/23 -13.09% 6.18% 1.32%
7/1/2017 1/23 -9.07% -2.34% -5.19%
8/1/2017 1/23 -9.78% -0.94% -2.77%
9/1/2017 1/23 -0.56% -2.06% 0.38%
10/1/2017 1/23 -6.59% -5.66% -10.45%
11/1/2017 1/23 4.41% -0.47% -1.18%
12/1/2017 1/23 2.70% -2.39% -1.60%
1/1/2018 1/23 -15.60% -10.56% -9.97%
2/1/2018 1/23 9.75% 5.90% 1.32%
3/1/2018 1/23 1.42% 7.07% 2.74%
4/1/2018 1/23 2.80% 1.42% -2.41%
5/1/2018 1/23 -9.83% -6.24% -5.38%
6/1/2018 1/23 6.73% -2.75% 0.23%
7/1/2018 1/23 -0.91% -8.35% -7.04%
8/1/2018 1/23 6.98% -0.08% -5.56%
9/1/2018 1/23 6.22% 2.07% -1.78%
10/1/2018 1/23 15.80% 10.84% 7.08%
11/1/2018 1/23 -11.55% -1.61% -3.68%
12/1/2018 1/23 17.36% 5.68% 9.18%
1/1/2019 1/23 -18.65% -7.23% -2.74%
2/1/2019 1/23 -7.94% -0.32% -6.78%
3/1/2019 1/23 0.32% -4.55% -5.01%
4/1/2019 1/23 -1.68% -1.28% -9.69%
5/1/2019 1/23 24.33% 7.69% 5.60%
6/1/2019 1/23 -11.68% 2.10% -7.67%
7/1/2019 1/23 -2.38% -11.16% -1.70%
8/1/2019 1/23 -1.10% 2.41% -1.15%
9/1/2019 1/23 4.66% -2.53% -0.84%
10/1/2019 1/23 -1.33% 2.62% 2.02%
10/4/2019 1/23 -0.50% -1.75% -1.33%
2 14/23

Retorno esperado -0.18% -1.18% -1.57%

Varianza 1.03% 0.30% 0.36%

Desviacion Estandar 10.23% 5.53% 6.02%

Coeficiente de variación

Desempeño

COVARIANZA
ALIBABA GOOGLE MICROSOF
ALIBABA 0
GOOGLE
MICROSOF
olio de
sión
correlacion
ALIBAB.GOOGLE 47.21%

Covarianza
ALIBAB.GOOGLE 0.27%

desv est
ALIBABA 10.23%
GOOGLE 5.53%
MICROSOF 6.02%