Style Analysis Procedure

LMVTX Legg Mason Value Trust 1. Start with arbitrary coefficients and intercep
PCBAX BlackRock Asset Allocation 2. Compute residuals
FCNTX Fidelity ContraFund 3. Compute squared residuals and sum them
USAWX USAA World Growth 4. Minimize sum of squared residuals by chang
using Solver with constraints that coeffic
and sum to 1.
5. Calculate R^2

Fund returns

LMVTX PCBAX FCNTX USAWX Mkt-RF SMB HML RF

199501 0.95% -0.17% -1.62% -5.36% 199501 1.79 -2.96 1.64 0.42
199502 3.64% 3.01% 4.03% 0.08% 199502 3.62 -0.33 0.38 0.4
199503 1.46% 2.34% 3.65% 2.53% 199503 2.19 -0.37 -2.06 0.46
199504 4.55% 2.47% 4.51% 3.62% 199504 2.12 -0.41 1.7 0.44
199505 4.92% 2.73% 2.41% 3.02% 199505 2.9 -2.23 1.91 0.54
199506 4.31% 2.18% 6.34% 1.93% 199506 2.72 3.06 -2.98 0.47
199507 4.67% 3.61% 7.66% 5.00% 199507 3.72 2.21 -2.21 0.45
199508 1.76% 1.33% 1.32% -1.37% 199508 0.55 1.84 1.92 0.47
199509 3.97% 1.24% 1.83% 1.10% 199509 3.35 -2.07 -0.94 0.43
199510 -3.05% -2.98% -1.82% -2.32% 199510 -1.52 -3.94 -0.11 0.47
199511 4.70% 3.37% 2.63% 1.66% 199511 3.95 -0.82 0.33 0.42
199512 3.01% 1.66% 0.78% 2.69% 199512 1.03 0.37 1.41 0.49
199601 4.76% 1.68% 2.26% 2.83% 199601 2.26 -2.48 0.4 0.43
199602 0.91% 1.80% 0.59% 1.76% 199602 1.33 2.05 -2.33 0.39
199603 1.35% 1.48% 2.78% 2.22% 199603 0.73 1.3 1.28 0.39
199604 1.15% 3.22% 3.09% 4.21% 199604 2.06 4.89 -4.05 0.46
199605 3.28% 1.51% 0.84% 0.91% 199605 2.37 3.16 -1.4 0.42
199606 -0.83% -0.69% -0.78% 0.00% 199606 -1.14 -3.64 1.92 0.4
199607 -1.61% -3.20% -4.65% -8.13% 199607 -5.97 -3.59 4.38 0.45
199608 4.36% 3.17% 3.81% 3.04% 199608 2.77 2.3 -0.57 0.41
199609 5.99% 3.97% 4.11% 2.54% 199609 5.01 -0.82 -3.76 0.44
199610 5.19% 1.55% 3.21% -0.33% 199610 0.87 -4.11 4.82 0.42
199611 10.31% 4.18% 5.81% 5.58% 199611 6.25 -3.6 0.16 0.41
199612 -1.33% -0.01% -0.66% 0.51% 199612 -1.7 3.08 0.99 0.46
199701 8.31% 3.32% 3.89% 3.79% 199701 4.99 -1.52 -2.33 0.45
199702 0.95% -2.10% -2.60% 0.00% 199702 -0.49 -2.61 4.69 0.39
199703 -5.43% -2.68% -2.60% -1.01% 199703 -5.03 -0.32 3.86 0.43
199704 6.98% 1.11% 2.25% 1.27% 199704 4.04 -5.19 -1.02 0.43
199705 6.37% 5.97% 6.01% 5.78% 199705 6.74 4.83 -4.38 0.49
199706 3.73% 2.63% 4.13% 4.57% 199706 4.1 1.5 0.72 0.37
199707 13.43% 5.96% 8.48% 4.53% 199707 7.33 -2.52 -0.13 0.43
199708 -2.88% -1.00% -3.28% -4.87% 199708 -4.15 7.34 1.37 0.41
199709 5.75% 4.61% 6.68% 6.01% 199709 5.35 2.68 -0.25 0.44
199710 -5.07% -2.79% -3.04% -6.00% 199710 -3.79 -0.79 2.21 0.42
199711 0.82% -0.50% -0.16% -2.07% 199711 2.99 -5.07 1.01 0.39
199712 0.63% 0.89% 1.74% 0.95% 199712 1.32 -2.4 3.84 0.48
199801 2.95% 0.61% -0.28% 0.12% 199801 0.14 -0.94 -2.07 0.43
199802 10.45% 4.72% 7.12% 7.53% 199802 7.03 0.32 -0.86 0.39
199803 3.07% 4.11% 5.11% 5.62% 199803 4.77 -0.99 1.23 0.39
199804 2.72% 0.68% 1.13% 1.68% 199804 0.73 0.48 0.27 0.43
199805 0.06% -1.95% -2.12% -1.92% 199805 -3.06 -3.54 4.12 0.4
199806 2.34% 1.31% 5.53% -0.44% 199806 3.18 -3.15 -2.22 0.41
199807 2.22% -2.28% 0.33% -1.48% 199807 -2.46 -4.92 -1.15 0.4
199808 -19.11% -10.51% -14.80% -17.08% 199808 -16.08 -5.75 5.24 0.43
199809 6.85% 3.86% 6.06% -0.69% 199809 6.15 -0.15 -3.88 0.46
199810 11.89% 1.80% 3.33% 8.31% 199810 7.13 -3.2 -2.77 0.32
199811 7.42% 3.18% 6.68% 4.51% 199811 6.09 1.14 -3.43 0.31
199812 12.93% 3.31% 12.20% 6.54% 199812 6.15 -0.3 -4.7 0.38
199901 9.06% 0.49% 5.83% 3.18% 199901 3.5 0.86 -5.56 0.35
199902 -2.13% -4.07% -3.58% -3.31% 199902 -4.08 -5.55 1.56 0.35
199903 11.20% 4.46% 3.71% 4.24% 199903 3.45 -3.84 -2.93 0.43
199904 3.53% 3.94% 2.10% 3.51% 199904 4.34 3.18 2.45 0.37
199905 -5.84% -1.92% -2.07% -2.58% 199905 -2.46 3.64 2.69 0.34
199906 1.84% 2.58% 5.51% 5.63% 199906 4.77 3.45 -4.19 0.4
199907 -4.99% -1.00% -1.54% 1.07% 199907 -3.47 2.25 0.51 0.38
199908 -1.38% -0.94% -2.91% 0.59% 199908 -1.38 -1.32 -0.95 0.39
199909 -3.62% -1.57% -0.25% -1.50% 199909 -2.81 3.16 -2.98 0.39
199910 10.35% 1.67% 3.67% 3.05% 199910 6.13 -6.78 -3.24 0.39
199911 4.90% 3.14% 4.06% 5.23% 199911 3.37 7.78 -8.02 0.36
199912 2.73% 5.85% 8.31% 8.74% 199912 7.72 7.01 -9.2 0.44
200001 -9.19% -2.30% -3.48% -4.20% 200001 -4.73 4.37 0.24 0.41
200002 0.34% 3.40% 4.61% 4.38% 200002 2.45 22.02 -12.68 0.43
200003 9.74% 3.16% 4.53% 4.10% 200003 5.2 -16.39 7.67 0.47
200004 -2.19% -2.59% -6.47% -3.25% 200004 -6.4 -7.73 9.13 0.46
200005 -1.51% -0.37% -3.84% -2.37% 200005 -4.43 -4.85 3.72 0.5
200006 0.37% 2.06% 3.87% 4.27% 200006 4.64 13.7 -10.05 0.4
200007 -0.11% -0.07% -2.15% -3.09% 200007 -2.45 -2.8 8.51 0.48
200008 8.24% 4.34% 5.31% 3.75% 200008 7.14 -0.89 -1.28 0.5
200009 -5.86% -1.01% -1.87% -6.64% 200009 -5.44 -1.87 6.85 0.51
200010 1.38% -1.57% -2.50% -3.87% 200010 -2.77 -3.66 4.79 0.56
200011 -8.93% -2.56% -7.29% -7.18% 200011 -10.73 -3.1 12.42 0.51
200012 1.80% 6.08% 3.37% 3.69% 200012 1.19 1.55 6.13 0.5
200101 7.20% 0.48% -3.95% 2.77% 200101 3.12 7.03 -5.7 0.54
200102 -7.35% -1.70% -4.66% -10.18% 200102 -10.08 -1.15 13.87 0.39
200103 -2.42% -2.56% -5.17% -8.27% 200103 -7.27 0.55 6.36 0.44
200104 7.31% 4.85% 4.82% 8.81% 200104 7.95 0.27 -4.36 0.39
200105 1.27% 0.94% 1.30% -2.45% 200105 0.73 2.99 2.77 0.32
200106 -1.23% -0.83% -2.56% -3.08% 200106 -1.93 6.38 -2.14 0.28
200107 -1.51% 0.00% -0.54% -1.62% 200107 -2.13 -4.22 5.62 0.3
200108 -6.93% -2.24% -3.00% -3.69% 200108 -6.46 2.13 3.37 0.31
200109 -12.73% -9.22% -5.47% -9.93% 200109 -9.26 -6.61 1.8 0.28
200110 -0.91% 5.07% 0.79% 3.42% 200110 2.47 6.88 -7.03 0.22
200111 8.77% 7.08% 3.42% 5.96% 200111 7.54 0.38 0.69 0.17
200112 1.15% 3.28% 2.36% 1.26% 200112 1.6 5.14 0.43 0.15
200201 -3.78% -1.97% -0.56% -2.96% 200201 -1.44 1.12 3.45 0.14
200202 -6.27% -1.36% 0.12% -0.14% 200202 -2.29 -1.61 3.91 0.13
200203 6.82% 3.26% 3.33% 5.05% 200203 4.24 4.3 1.17 0.13
200204 -2.01% -1.41% 0.09% -2.64% 200204 -5.2 5.86 4.21 0.15
200205 0.32% -1.00% 0.39% 0.28% 200205 -1.38 -3.72 2.54 0.14
200206 -12.23% -5.97% -4.14% -5.89% 200206 -7.21 3.49 1.56 0.13
200207 -7.47% -5.83% -6.84% -9.29% 200207 -8.18 -5.14 -3.63 0.15
200208 5.48% 0.00% 0.89% 0.97% 200208 0.5 -2.26 2.24 0.14
200209 -11.84% -5.29% -4.09% -7.88% 200209 -10.35 2.7 1.23 0.14
200210 11.56% 2.02% 2.36% 5.68% 200210 7.83 -2.98 -6.49 0.14
200211 9.31% 5.25% -0.54% 3.39% 200211 5.96 3.17 -1.57 0.12
200212 -7.03% -4.03% -0.62% -2.54% 200212 -5.76 -0.45 3.9 0.11
200301 -0.30% -1.72% -3.06% -3.87% 200301 -2.57 1.4 -0.88 0.1
200302 -3.01% -0.87% -1.26% -2.91% 200302 -1.89 -0.26 -1.46 0.09
200303 0.41% 0.58% 2.22% 0.35% 200303 1.09 0.77 -1.67 0.1
200304 12.08% 5.99% 4.71% 8.71% 200304 8.22 1.15 -0.06 0.1
200305 11.34% 4.98% 4.88% 5.34% 200305 6.05 4.78 0.15 0.09
200306 0.55% 1.07% 1.81% 1.15% 200306 1.42 1.51 0.68 0.1
200307 1.98% 0.86% 2.65% 1.06% 200307 2.34 5.57 -2.11 0.07
200308 3.01% 2.42% 3.16% 1.05% 200308 2.34 2.67 1.71 0.07
200309 -1.44% -0.03% -0.81% 1.12% 200309 -1.23 0.55 1 0.08
200310 6.60% 4.59% 6.49% 5.00% 200310 6.08 2.89 1.8 0.07
200311 1.80% 1.75% 1.84% 2.45% 200311 1.35 2.21 1.46 0.07
200312 4.86% 3.60% 2.66% 5.99% 200312 4.3 -2.78 2.68 0.08
200401 1.10% 1.46% -0.04% 1.81% 200401 2.15 2.63 1.64 0.07
200402 -0.71% 1.58% 3.20% 2.41% 200402 1.4 -1.15 0.42 0.06
200403 -1.59% 0.78% 0.57% -0.37% 200403 -1.33 1.85 0.04 0.09
200404 -1.49% -2.55% -1.45% -0.68% 200404 -1.83 -2.54 -1.69 0.08
200405 2.19% 0.55% 1.63% 0.81% 200405 1.18 -0.16 -0.29 0.06
200406 3.90% 1.98% 2.20% 2.11% 200406 1.86 2.32 1.66 0.08
200407 -7.83% -2.80% -4.48% -3.16% 200407 -4.07 -3.82 4.48 0.1
200408 0.43% -0.21% -0.18% -0.13% 200408 0.08 -1.59 1.13 0.11
200409 1.76% 2.15% 4.22% 2.27% 200409 1.61 2.89 0.36 0.11
200410 0.76% 1.45% 0.86% 2.71% 200410 1.43 0.43 -0.84 0.11
200411 7.63% 3.89% 5.31% 5.21% 200411 4.54 4.17 1.93 0.15
200412 6.08% 2.43% 2.65% 4.21% 200412 3.43 0.19 -0.35 0.16
200501 -3.59% 0.64% -1.34% -1.51% 200501 -2.75 -1.65 2.66 0.16
200502 -0.24% 2.19% 3.02% 2.50% 200502 1.89 -0.72 2.83 0.16
200503 -2.22% -1.43% -1.28% -1.88% 200503 -1.96 -1.38 1.75 0.21
200504 -2.89% -1.77% -3.23% -2.26% 200504 -2.61 -4 -0.46 0.21
200505 5.04% 2.35% 4.59% 1.27% 200505 3.65 2.99 -1.23 0.24
200506 1.49% 1.20% 1.72% -0.51% 200506 0.56 2.56 2.78 0.23
200507 4.42% 2.68% 4.44% 4.12% 200507 3.92 2.77 -0.45 0.24
200508 -3.24% 0.26% 0.85% 1.21% 200508 -1.22 -0.88 1.41 0.3
200509 0.95% 1.08% 2.93% 1.63% 200509 0.48 -0.68 1.16 0.29
200510 -1.14% -2.07% -1.61% -1.66% 200510 -2 -1.03 -0.7 0.27
200511 7.40% 2.44% 4.08% 2.07% 200511 3.62 1 -1.85 0.31
200512 -0.12% 0.80% 1.37% 2.75% 200512 -0.25 -0.51 0.48 0.32
200601 0.41% 3.33% 5.59% 4.54% 200601 3.04 5.33 1.17 0.35
200602 -1.38% -0.65% -2.78% 0.27% 200602 -0.3 -0.31 -0.85 0.34
200603 1.63% 1.58% 2.06% 2.19% 200603 1.46 3.56 -0.11 0.37
200604 -1.91% 1.67% 2.46% 3.19% 200604 0.72 -1.24 3.08 0.36
200605 -4.41% -3.28% -3.90% -2.03% 200605 -3.57 -3.04 2.77 0.43
200606 0.60% -0.56% 0.78% 0.67% 200606 -0.35 -0.53 1.51 0.4
200607 -4.57% 0.07% -1.39% 1.54% 200607 -0.78 -3.99 3.27 0.4
200608 3.98% 1.25% 1.12% 2.79% 200608 2.03 0.83 -1.75 0.42
200609 2.36% 1.06% 1.08% 1.68% 200609 1.84 -1.24 -0.42 0.41
200610 5.30% 2.45% 3.62% 2.67% 200610 3.23 1.64 0.48 0.41
200611 2.95% 2.08% 2.65% 2.46% 200611 1.71 0.77 0.48 0.42
200612 1.25% 0.70% 0.01% 1.81% 200612 0.87 -0.89 2.51 0.4
200701 0.87% 1.09% 2.18% 2.00% 200701 1.41 0.09 -0.02 0.44
200702 -1.46% -0.19% -2.07% -1.13% 200702 -1.95 1.38 0.24 0.38
200703 -0.98% 1.59% 1.39% 1.09% 200703 0.68 -0.26 0.39 0.43
200704 5.34% 2.89% 3.48% 4.23% 200704 3.49 -2.09 -0.96 0.44
200705 4.17% 2.74% 4.10% 1.70% 200705 3.24 -0.04 -0.13 0.41
200706 -2.93% -0.83% -0.21% -0.46% 200706 -1.96 0.76 -1.06 0.4
200707 -5.83% -2.00% -0.84% -2.10% 200707 -3.74 -2.67 -2.99 0.4
200708 0.27% 0.31% 1.83% 0.57% 200708 0.92 -0.14 -2.36 0.42
200709 -9.81% -5.68% -0.11% -4.59% 200709 3.23 -2.46 -2.13 0.32
200710 0.28% 2.56% 5.01% 2.38% 200710 1.8 0.21 -1.97 0.32
200711 -6.94% -2.92% -2.74% -1.79% 200711 -4.82 -2.77 -1.09 0.34
200712 5.21% 8.53% 5.67% 5.25% 200712 -0.86 0.05 -0.03 0.27
200801 -7.94% -4.14% -9.51% -6.86% 200801 -6.35 -0.77 3.05 0.21
200802 -7.61% -0.41% 0.67% 0.16% 200802 -3.09 -0.55 -0.03 0.13
200803 -5.60% -0.83% -1.56% 1.51% 200803 -0.94 0.83 0.28 0.17
200804 4.90% 3.72% 5.31% 3.09% 200804 4.6 -1.49 -0.03 0.18
200805 -1.25% 2.08% 3.30% 1.60% 200805 1.86 2.98 -0.34 0.18
200806 -7.57% -3.62% -4.91% -8.44% 200806 -8.44 1.07 -1.02 0.17
200807 -0.97% -2.84% -4.14% -1.39% 200807 -0.77 3.58 3.69 0.15
200808 1.42% -1.34% -0.77% -1.24% 200808 1.53 3.75 1.48 0.13
200809 -11.70% -9.04% -9.62% -8.73% 200809 -9.24 -0.34 4.4 0.15
200810 -21.35% -12.13% -15.84% -16.19% 200810 -17.23 -2.28 -2.99 0.08
200811 -15.70% -4.60% -6.99% -7.01% 200811 -7.86 -3.63 -4.94 0.03
200812 7.07% 5.29% 1.63% 7.30% 200812 1.66 3.97 -1.2 0.09
coefficients and intercept

esiduals and sum them

uared residuals by changing intercept and coefficients
h constraints that coefficients are greater than or equal to zero

In % Excess returns Style Portfolios

Mkt-RF SMB HML RF LMVTX PCBAX FCNTX USAWX SmallCap

1.79% -2.96% 1.64% 0.42% 0.53% -0.59% -2.04% -5.78% 0.77%
3.62% -0.33% 0.38% 0.40% 3.24% 2.61% 3.63% -0.32% 2.86%
2.19% -0.37% -2.06% 0.46% 1.00% 1.88% 3.19% 2.07% 1.89%
2.12% -0.41% 1.70% 0.44% 4.11% 2.03% 4.07% 3.18% 2.15%
2.90% -2.23% 1.91% 0.54% 4.38% 2.19% 1.87% 2.48% 1.53%
2.72% 3.06% -2.98% 0.47% 3.84% 1.71% 5.87% 1.46% 6.02%
3.72% 2.21% -2.21% 0.45% 4.22% 3.16% 7.21% 4.55% 5.75%
0.55% 1.84% 1.92% 0.47% 1.29% 0.86% 0.85% -1.84% 2.78%
3.35% -2.07% -0.94% 0.43% 3.54% 0.81% 1.40% 0.67% 1.76%
-1.52% -3.94% -0.11% 0.47% -3.52% -3.45% -2.29% -2.79% -5.80%
3.95% -0.82% 0.33% 0.42% 4.28% 2.95% 2.21% 1.24% 2.35%
1.03% 0.37% 1.41% 0.49% 2.52% 1.17% 0.29% 2.20% 1.79%
2.26% -2.48% 0.40% 0.43% 4.33% 1.25% 1.83% 2.40% 0.16%
1.33% 2.05% -2.33% 0.39% 0.52% 1.41% 0.20% 1.37% 2.83%
0.73% 1.30% 1.28% 0.39% 0.96% 1.09% 2.39% 1.83% 2.05%
2.06% 4.89% -4.05% 0.46% 0.69% 2.76% 2.63% 3.75% 7.13%
2.37% 3.16% -1.40% 0.42% 2.86% 1.09% 0.42% 0.49% 6.10%
-1.14% -3.64% 1.92% 0.40% -1.23% -1.09% -1.18% -0.40% -4.51%
-5.97% -3.59% 4.38% 0.45% -2.06% -3.65% -5.10% -8.58% -10.49%
2.77% 2.30% -0.57% 0.41% 3.95% 2.76% 3.40% 2.63% 4.41%
5.01% -0.82% -3.76% 0.44% 5.55% 3.53% 3.67% 2.10% 2.99%
0.87% -4.11% 4.82% 0.42% 4.77% 1.13% 2.79% -0.75% -2.26%
6.25% -3.60% 0.16% 0.41% 9.90% 3.77% 5.40% 5.17% 2.24%
-1.70% 3.08% 0.99% 0.46% -1.79% -0.47% -1.12% 0.05% 1.38%
4.99% -1.52% -2.33% 0.45% 7.86% 2.87% 3.44% 3.34% 3.85%
-0.49% -2.61% 4.69% 0.39% 0.56% -2.49% -2.99% -0.39% -3.21%
-5.03% -0.32% 3.86% 0.43% -5.86% -3.11% -3.03% -1.44% -5.72%
4.04% -5.19% -1.02% 0.43% 6.55% 0.68% 1.82% 0.84% -3.06%
6.74% 4.83% -4.38% 0.49% 5.88% 5.48% 5.52% 5.29% 10.49%
4.10% 1.50% 0.72% 0.37% 3.36% 2.26% 3.76% 4.20% 5.35%
 7.33% -2.52% -0.13% 0.43% 13.00% 5.53% 8.05% 4.10% 4.24%
-4.15% 7.34% 1.37% 0.41% -3.29% -1.41% -3.69% -5.28% 3.73%
5.35% 2.68% -0.25% 0.44% 5.31% 4.17% 6.24% 5.57% 8.72%
-3.79% -0.79% 2.21% 0.42% -5.49% -3.21% -3.46% -6.42% -4.20%
2.99% -5.07% 1.01% 0.39% 0.43% -0.89% -0.55% -2.46% -2.22%
1.32% -2.40% 3.84% 0.48% 0.15% 0.41% 1.26% 0.47% -1.39%
0.14% -0.94% -2.07% 0.43% 2.52% 0.18% -0.71% -0.31% -1.03%
7.03% 0.32% -0.86% 0.39% 10.06% 4.33% 6.73% 7.14% 6.29%
4.77% -0.99% 1.23% 0.39% 2.68% 3.72% 4.72% 5.23% 4.51%
0.73% 0.48% 0.27% 0.43% 2.29% 0.25% 0.70% 1.25% 1.42%
-3.06% -3.54% 4.12% 0.40% -0.34% -2.35% -2.52% -2.32% -5.22%
3.18% -3.15% -2.22% 0.41% 1.93% 0.90% 5.12% -0.85% -0.97%
-2.46% -4.92% -1.15% 0.40% 1.82% -2.68% -0.07% -1.88% -7.16%
-16.08% -5.75% 5.24% 0.43% -19.54% -10.94% -15.23% -17.51% -21.96%
6.15% -0.15% -3.88% 0.46% 6.39% 3.40% 5.60% -1.15% 4.29%
7.13% -3.20% -2.77% 0.32% 11.57% 1.48% 3.01% 7.99% 2.34%
6.09% 1.14% -3.43% 0.31% 7.11% 2.87% 6.37% 4.20% 7.43%
6.15% -0.30% -4.70% 0.38% 12.55% 2.93% 11.82% 6.16% 3.39%
3.50% 0.86% -5.56% 0.35% 8.71% 0.14% 5.48% 2.83% 3.85%
-4.08% -5.55% 1.56% 0.35% -2.48% -4.42% -3.93% -3.66% -7.47%
3.45% -3.84% -2.93% 0.43% 10.77% 4.03% 3.28% 3.81% -2.22%
4.34% 3.18% 2.45% 0.37% 3.16% 3.57% 1.73% 3.14% 9.29%
-2.46% 3.64% 2.69% 0.34% -6.18% -2.26% -2.41% -2.92% 1.52%
4.77% 3.45% -4.19% 0.40% 1.44% 2.18% 5.11% 5.23% 6.63%
-3.47% 2.25% 0.51% 0.38% -5.37% -1.38% -1.92% 0.69% 0.07%
-1.38% -1.32% -0.95% 0.39% -1.77% -1.33% -3.30% 0.20% -3.93%
-2.81% 3.16% -2.98% 0.39% -4.01% -1.96% -0.64% -1.89% -1.20%
6.13% -6.78% -3.24% 0.39% 9.96% 1.28% 3.28% 2.66% -1.15%
3.37% 7.78% -8.02% 0.36% 4.54% 2.78% 3.70% 4.87% 9.81%
7.72% 7.01% -9.20% 0.44% 2.29% 5.41% 7.87% 8.30% 12.11%
-4.73% 4.37% 0.24% 0.41% -9.60% -2.71% -3.89% -4.61% 3.64%
2.45% 22.02% -12.68% 0.43% -0.09% 2.97% 4.18% 3.95% 23.79%
5.20% -16.39% 7.67% 0.47% 9.27% 2.69% 4.06% 3.63% -9.31%
-6.40% -7.73% 9.13% 0.46% -2.65% -3.05% -6.93% -3.71% -14.55%
-4.43% -4.85% 3.72% 0.50% -2.01% -0.87% -4.34% -2.87% -9.10%
4.64% 13.70% -10.05% 0.40% -0.03% 1.66% 3.47% 3.87% 17.12%
-2.45% -2.80% 8.51% 0.48% -0.59% -0.55% -2.63% -3.57% -2.22%
7.14% -0.89% -1.28% 0.50% 7.74% 3.84% 4.81% 3.25% 5.44%
-5.44% -1.87% 6.85% 0.51% -6.37% -1.52% -2.38% -7.15% -4.06%
-2.77% -3.66% 4.79% 0.56% 0.82% -2.13% -3.06% -4.43% -6.90%
-10.73% -3.10% 12.42% 0.51% -9.44% -3.07% -7.80% -7.69% -10.19%
1.19% 1.55% 6.13% 0.50% 1.30% 5.58% 2.87% 3.19% 2.02%
3.12% 7.03% -5.70% 0.54% 6.66% -0.06% -4.49% 2.23% 13.19%
-10.08% -1.15% 13.87% 0.39% -7.74% -2.09% -5.05% -10.57% -5.23%
-7.27% 0.55% 6.36% 0.44% -2.86% -3.00% -5.61% -8.71% -3.49%
7.95% 0.27% -4.36% 0.39% 6.92% 4.46% 4.43% 8.42% 5.87%
0.73% 2.99% 2.77% 0.32% 0.95% 0.62% 0.98% -2.77% 8.03%
-1.93% 6.38% -2.14% 0.28% -1.51% -1.11% -2.84% -3.36% 4.60%
 -2.13% -4.22% 5.62% 0.30% -1.81% -0.30% -0.84% -1.92% -4.74%
-6.46% 2.13% 3.37% 0.31% -7.24% -2.55% -3.31% -4.00% -4.00%
-9.26% -6.61% 1.80% 0.28% -13.01% -9.50% -5.75% -10.21% -14.25%
2.47% 6.88% -7.03% 0.22% -1.13% 4.85% 0.57% 3.20% 6.10%
7.54% 0.38% 0.69% 0.17% 8.60% 6.91% 3.25% 5.79% 7.46%
1.60% 5.14% 0.43% 0.15% 1.00% 3.13% 2.21% 1.11% 7.28%
-1.44% 1.12% 3.45% 0.14% -3.92% -2.11% -0.70% -3.10% 0.19%
-2.29% -1.61% 3.91% 0.13% -6.40% -1.49% -0.01% -0.27% -4.15%
4.24% 4.30% 1.17% 0.13% 6.69% 3.13% 3.20% 4.92% 8.51%
-5.20% 5.86% 4.21% 0.15% -2.16% -1.56% -0.06% -2.79% 1.50%
-1.38% -3.72% 2.54% 0.14% 0.18% -1.14% 0.25% 0.14% -3.38%
-7.21% 3.49% 1.56% 0.13% -12.36% -6.10% -4.27% -6.02% -2.72%
-8.18% -5.14% -3.63% 0.15% -7.62% -5.98% -6.99% -9.44% -15.05%
0.50% -2.26% 2.24% 0.14% 5.34% -0.14% 0.75% 0.83% -1.14%
-10.35% 2.70% 1.23% 0.14% -11.98% -5.43% -4.23% -8.02% -7.90%
7.83% -2.98% -6.49% 0.14% 11.42% 1.88% 2.22% 5.54% 3.36%
5.96% 3.17% -1.57% 0.12% 9.19% 5.13% -0.66% 3.27% 11.08%
-5.76% -0.45% 3.90% 0.11% -7.14% -4.14% -0.73% -2.65% -5.90%
-2.57% 1.40% -0.88% 0.10% -0.40% -1.82% -3.16% -3.97% -1.49%
-1.89% -0.26% -1.46% 0.09% -3.10% -0.96% -1.35% -3.00% -2.94%
1.09% 0.77% -1.67% 0.10% 0.31% 0.48% 2.12% 0.25% 1.02%
8.22% 1.15% -0.06% 0.10% 11.98% 5.89% 4.61% 8.61% 9.91%
6.05% 4.78% 0.15% 0.09% 11.25% 4.89% 4.79% 5.25% 12.73%
1.42% 1.51% 0.68% 0.10% 0.45% 0.97% 1.71% 1.05% 3.99%
2.34% 5.57% -2.11% 0.07% 1.91% 0.79% 2.58% 0.99% 8.15%
2.34% 2.67% 1.71% 0.07% 2.94% 2.35% 3.09% 0.98% 4.90%
-1.23% 0.55% 1.00% 0.08% -1.52% -0.11% -0.89% 1.04% 0.45%
6.08% 2.89% 1.80% 0.07% 6.53% 4.52% 6.42% 4.93% 9.01%
1.35% 2.21% 1.46% 0.07% 1.73% 1.68% 1.77% 2.38% 4.04%
4.30% -2.78% 2.68% 0.08% 4.78% 3.52% 2.58% 5.91% 2.36%
2.15% 2.63% 1.64% 0.07% 1.03% 1.39% -0.11% 1.74% 6.21%
1.40% -1.15% 0.42% 0.06% -0.77% 1.52% 3.14% 2.35% 0.07%
-1.33% 1.85% 0.04% 0.09% -1.68% 0.69% 0.48% -0.46% -0.28%
-1.83% -2.54% -1.69% 0.08% -1.57% -2.63% -1.53% -0.76% -4.88%
1.18% -0.16% -0.29% 0.06% 2.13% 0.49% 1.57% 0.75% 0.27%
1.86% 2.32% 1.66% 0.08% 3.82% 1.90% 2.12% 2.03% 4.06%
-4.07% -3.82% 4.48% 0.10% -7.93% -2.90% -4.58% -3.26% -7.98%
0.08% -1.59% 1.13% 0.11% 0.32% -0.32% -0.29% -0.24% -1.17%
1.61% 2.89% 0.36% 0.11% 1.65% 2.04% 4.11% 2.16% 4.86%
1.43% 0.43% -0.84% 0.11% 0.65% 1.34% 0.75% 2.60% 1.89%
4.54% 4.17% 1.93% 0.15% 7.48% 3.74% 5.16% 5.06% 9.03%
3.43% 0.19% -0.35% 0.16% 5.92% 2.27% 2.49% 4.05% 4.31%
-2.75% -1.65% 2.66% 0.16% -3.75% 0.48% -1.50% -1.67% -4.26%
1.89% -0.72% 2.83% 0.16% -0.40% 2.03% 2.86% 2.34% 0.93%
-1.96% -1.38% 1.75% 0.21% -2.43% -1.64% -1.49% -2.09% -3.63%
-2.61% -4.00% -0.46% 0.21% -3.10% -1.98% -3.44% -2.47% -6.57%
3.65% 2.99% -1.23% 0.24% 4.80% 2.11% 4.35% 1.03% 5.83%
0.56% 2.56% 2.78% 0.23% 1.26% 0.97% 1.49% -0.74% 4.15%
 3.92% 2.77% -0.45% 0.24% 4.18% 2.44% 4.20% 3.88% 7.03%
-1.22% -0.88% 1.41% 0.30% -3.54% -0.04% 0.55% 0.91% -1.73%
0.48% -0.68% 1.16% 0.29% 0.66% 0.79% 2.64% 1.34% 0.17%
-2.00% -1.03% -0.70% 0.27% -1.41% -2.34% -1.88% -1.93% -3.25%
3.62% 1.00% -1.85% 0.31% 7.09% 2.13% 3.77% 1.76% 4.37%
-0.25% -0.51% 0.48% 0.32% -0.44% 0.48% 1.05% 2.43% 0.05%
3.04% 5.33% 1.17% 0.35% 0.06% 2.98% 5.24% 4.19% 9.00%
-0.30% -0.31% -0.85% 0.34% -1.72% -0.99% -3.12% -0.07% -0.26%
1.46% 3.56% -0.11% 0.37% 1.26% 1.21% 1.69% 1.82% 4.60%
0.72% -1.24% 3.08% 0.36% -2.27% 1.31% 2.10% 2.83% 0.20%
-3.57% -3.04% 2.77% 0.43% -4.84% -3.71% -4.33% -2.46% -5.90%
-0.35% -0.53% 1.51% 0.40% 0.20% -0.96% 0.38% 0.27% -0.94%
-0.78% -3.99% 3.27% 0.40% -4.97% -0.33% -1.79% 1.14% -4.15%
2.03% 0.83% -1.75% 0.42% 3.56% 0.83% 0.70% 2.37% 2.66%
1.84% -1.24% -0.42% 0.41% 1.95% 0.65% 0.67% 1.27% 0.47%
3.23% 1.64% 0.48% 0.41% 4.89% 2.04% 3.21% 2.26% 5.45%
1.71% 0.77% 0.48% 0.42% 2.53% 1.66% 2.23% 2.04% 2.07%
0.87% -0.89% 2.51% 0.40% 0.85% 0.30% -0.39% 1.41% 0.77%
1.41% 0.09% -0.02% 0.44% 0.43% 0.65% 1.74% 1.56% 1.04%
-1.95% 1.38% 0.24% 0.38% -1.84% -0.57% -2.45% -1.51% -0.92%
0.68% -0.26% 0.39% 0.43% -1.41% 1.16% 0.96% 0.66% 0.41%
3.49% -2.09% -0.96% 0.44% 4.90% 2.45% 3.04% 3.79% 1.24%
3.24% -0.04% -0.13% 0.41% 3.76% 2.33% 3.69% 1.29% 2.66%
-1.96% 0.76% -1.06% 0.40% -3.33% -1.23% -0.61% -0.86% -0.97%
-3.74% -2.67% -2.99% 0.40% -6.23% -2.40% -1.24% -2.50% -7.12%
0.92% -0.14% -2.36% 0.42% -0.15% -0.11% 1.41% 0.15% 0.35%
3.23% -2.46% -2.13% 0.32% -10.13% -6.00% -0.43% -4.91% 0.94%
1.80% 0.21% -1.97% 0.32% -0.04% 2.24% 4.69% 2.06% 1.31%
-4.82% -2.77% -1.09% 0.34% -7.28% -3.26% -3.08% -2.13% -8.63%
-0.86% 0.05% -0.03% 0.27% 4.94% 8.26% 5.40% 4.98% -0.85%
-6.35% -0.77% 3.05% 0.21% -8.15% -4.35% -9.72% -7.07% -7.67%
-3.09% -0.55% -0.03% 0.13% -7.74% -0.54% 0.54% 0.03% -3.65%
-0.94% 0.83% 0.28% 0.17% -5.77% -1.00% -1.73% 1.34% -0.70%
4.60% -1.49% -0.03% 0.18% 4.72% 3.54% 5.13% 2.91% 1.97%
1.86% 2.98% -0.34% 0.18% -1.43% 1.90% 3.12% 1.42% 3.97%
-8.44% 1.07% -1.02% 0.17% -7.74% -3.79% -5.08% -8.61% -8.76%
-0.77% 3.58% 3.69% 0.15% -1.12% -2.99% -4.29% -1.54% 4.27%
1.53% 3.75% 1.48% 0.13% 1.29% -1.47% -0.90% -1.37% 3.80%
-9.24% -0.34% 4.40% 0.15% -11.85% -9.19% -9.77% -8.88% -8.15%
-17.23% -2.28% -2.99% 0.08% -21.43% -12.21% -15.92% -16.27% -20.97%
-7.86% -3.63% -4.94% 0.03% -15.73% -4.63% -7.02% -7.04% -13.02%
1.66% 3.97% -1.20% 0.09% 6.98% 5.20% 1.54% 7.21% 4.82%
yle Portfolios
Residuals Sqd Resids
MidCap LargeCap Growth MidBM Value PCBAX PCBAX
-0.55% 2.41% -0.83% 1.45% 2.16% -2.1291% 0.0453%
4.62% 3.51% 3.63% 3.58% 3.63% -1.1176% 0.0125%
1.97% 2.25% 0.28% 2.50% 2.5900% -0.5727% 0.0033%
1.50% 2.27% 0.62% 1.55% 2.62% -0.1558% 0.0002%
1.21% 3.43% 0.11% 2.73% 2.88% -0.3587% 0.0013%
4.40% 1.98% 4.16% 3.77% 1.61% -1.0015% 0.0100%
5.83% 3.16% 9.09% 3.90% 3.71% -0.9882% 0.0098%
1.06% 0.28% 1.18% -0.17% 0.90% 0.1214% 0.0001%
1.56% 3.91% 1.97% 4.19% 2.71% -2.0480% 0.0419%
-3.11% -0.89% -6.21% -0.58% -2.15% -1.3860% 0.0192%
4.35% 4.01% 1.75% 3.50% 4.62% -1.2728% 0.0162%
1.11% 0.99% 1.45% -0.08% 2.01% -0.1972% 0.0004%
-0.42% 2.96% -1.09% 2.33% 2.40% -0.6275% 0.0039%
2.91% 0.98% 2.51% 1.84% 1.37% -0.3582% 0.0013%
2.23% 0.40% 1.89% -0.02% 1.29% -0.0545% 0.0000%
3.88% 1.06% 1.91% 2.90% 1.14% 0.5557% 0.0031%
1.97% 2.06% -1.47% 3.59% 0.88% -0.8075% 0.0065%
-3.45% -0.12% -1.26% -0.99% -0.82% 0.3023% 0.0009%
-8.26% -5.16% -9.86% -6.72% -4.46% 2.1469% 0.0461%
5.74% 2.07% 4.72% 2.04% 3.54% -0.7828% 0.0061%
4.02% 5.33% 4.56% 6.25% 4.00% -0.9699% 0.0094%
-1.68% 1.68% -3.71% -0.23% 2.72% -0.0389% 0.0000%
4.08% 7.09% 1.26% 6.42% 7.12% -2.5402% 0.0645%
0.41% -2.29% 1.25% -2.00% -1.42% 0.7101% 0.0050%
2.06% 5.65% 2.44% 5.99% 4.48% -1.5894% 0.0253%
-2.02% 0.13% 0.26% -0.84% -0.03% -1.8465% 0.0341%
-5.26% -4.87% -7.01% -6.14% -3.11% 1.1408% 0.0130%
1.09% 5.21% 1.06% 5.62% 3.64% -2.7937% 0.0780%
9.72% 5.85% 11.46% 7.04% 5.78% -1.3649% 0.0186%
4.08% 3.92% 2.50% 3.77% 4.40% -1.9754% 0.0390%
 5.81% 7.78% 3.05% 7.11% 8.04% -1.8075% 0.0327%
1.01% -5.50% 0.07% -5.50% -3.23% 1.4624% 0.0214%
6.51% 4.91% 4.09% 4.92% 5.79% -1.6398% 0.0269%
-4.75% -3.53% -2.79% -4.12% -3.52% 0.6633% 0.0044%
-0.57% 4.04% -0.66% 3.85% 2.58% -3.1183% 0.0972%
1.64% 1.52% 1.36% 0.31% 2.27% -1.1485% 0.0132%
-1.58% 0.56% 2.39% 2.32% -2.38% 1.2634% 0.0160%
7.86% 6.93% 9.28% 6.90% 7.42% -2.9876% 0.0893%
4.43% 4.78% 7.25% 4.21% 5.01% -0.9886% 0.0098%
0.49% 0.84% -0.53% 0.73% 1.18% -0.7279% 0.0053%
-5.61% -2.25% -4.46% -3.29% -2.85% 1.1082% 0.0123%
0.66% 3.91% 3.97% 5.16% 1.20% -1.0839% 0.0117%
-7.42% -1.54% -3.80% -1.25% -4.13% 1.3687% 0.0187%
-19.92% -15.12% -18.86% -15.50% -17.92% 6.8534% 0.4697%
5.91% 6.14% 6.32% 7.31% 3.68% -1.4985% 0.0225%
5.19% 7.66% 5.29% 7.84% 7.09% -5.3215% 0.2832%
5.32% 6.07% 1.79% 6.86% 5.35% -2.9204% 0.0853%
6.05% 6.25% 9.10% 8.23% 1.62% -0.9904% 0.0098%
-0.07% 3.62% 3.57% 5.30% -0.78% -0.8306% 0.0069%
-7.16% -3.59% -0.08% -4.81% -2.30% -0.6006% 0.0036%
1.74% 3.61% 4.66% 3.62% 2.78% 1.3987% 0.0196%
8.27% 3.49% 3.76% 1.63% 9.15% -3.6513% 0.1333%
0.97% -2.54% -0.48% -2.73% -0.89% -1.3031% 0.0170%
4.85% 4.66% 1.81% 6.42% 2.60% -1.8214% 0.0332%
-1.95% -3.73% -3.28% -3.45% -3.56% 1.7711% 0.0314%
-4.10% -0.89% -3.98% -0.72% -3.03% 1.3364% 0.0179%
-0.72% -3.19% -1.43% -2.27% -5.36% 1.8143% 0.0329%
2.64% 6.40% 2.44% 6.51% 4.63% -3.2796% 0.1076%
6.00% 2.30% 8.17% 4.04% -1.92% 1.6424% 0.0270%
10.29% 6.14% 20.18% 7.72% 2.26% 0.2738% 0.0007%
-4.15% -4.84% 0.93% -5.00% -3.67% 1.0548% 0.0111%
13.14% -0.72% 21.61% 1.71% -2.40% 1.0562% 0.0112%
-1.76% 8.90% -5.55% 7.31% 7.99% -3.0138% 0.0908%
-6.11% -4.30% -13.58% -5.08% -2.22% 0.9245% 0.0085%
-4.90% -3.21% -12.61% -4.06% -0.30% 1.3567% 0.0184%
6.12% 2.76% 13.42% 4.97% -4.43% 1.4234% 0.0203%
-4.02% -2.17% -5.97% -3.58% 2.67% -0.5459% 0.0030%
6.84% 7.22% 9.70% 7.09% 7.57% -3.4207% 0.1170%
-4.70% -5.41% -8.48% -6.74% 1.19% 0.2633% 0.0007%
-5.12% -2.25% -15.74% -2.92% 0.15% -0.4856% 0.0024%
-10.24% -10.29% -25.47% -11.55% -3.69% 3.7234% 0.1386%
8.24% 0.65% -0.86% -0.71% 8.79% -0.5854% 0.0034%
3.78% 2.71% 9.93% 3.44% 0.96% -2.5210% 0.0636%
-6.80% -10.10% -19.00% -12.08% -0.89% 2.5224% 0.0636%
-6.53% -7.41% -10.67% -8.60% -2.14% 1.3842% 0.0192%
7.91% 7.75% 6.69% 8.58% 4.82% -1.7589% 0.0309%
2.52% 0.41% 1.85% 0.18% 1.96% -1.2438% 0.0155%
1.98% -2.42% 2.66% -1.96% -1.27% -0.3883% 0.0015%
 -4.13% -1.78% -4.87% -2.27% -1.99% 2.1812% 0.0476%
-4.60% -6.72% -9.42% -7.32% -4.09% 2.3885% 0.0570%
-13.94% -8.47% -15.16% -8.90% -9.67% 0.7907% 0.0063%
6.42% 1.97% 5.06% 3.33% 1.01% 2.2843% 0.0522%
7.98% 7.72% 9.58% 8.14% 5.85% 0.1382% 0.0002%
5.98% 0.84% 9.23% 0.80% 3.29% -0.1227% 0.0002%
-1.39% -1.77% -2.61% -1.15% -1.75% -0.6305% 0.0040%
-2.20% -2.27% -5.36% -2.92% -0.22% -0.1762% 0.0003%
7.00% 3.80% 2.96% 3.66% 5.34% -2.1744% 0.0473%
-0.83% -6.30% -1.20% -6.97% -1.10% 0.7984% 0.0064%
-3.29% -1.01% -2.55% -1.68% -0.54% 0.1916% 0.0004%
-6.79% -7.61% -12.77% -7.47% -6.20% 0.3533% 0.0012%
-11.71% -7.39% -7.34% -6.51% -10.19% 3.7449% 0.1402%
0.86% 0.62% 4.29% 0.07% 0.64% -0.6044% 0.0037%
-8.43% -10.66% -2.92% -10.64% -10.06% 4.4437% 0.1975%
4.37% 8.55% 9.21% 9.45% 6.05% -4.6321% 0.2146%
8.39% 5.42% 12.25% 5.26% 6.58% -1.5850% 0.0251%
-5.43% -5.86% -7.79% -6.52% -4.65% 1.1264% 0.0127%
-2.47% -2.85% 4.48% -2.76% -2.38% 0.6318% 0.0040%
-2.60% -1.85% 0.67% -1.22% -3.24% 1.6871% 0.0285%
0.97% 1.00% 5.27% 1.61% 0.06% -0.1254% 0.0002%
9.28% 8.02% 10.61% 7.69% 9.03% -2.8952% 0.0838%
9.54% 5.43% 11.07% 5.26% 7.29% -2.4589% 0.0605%
1.86% 1.14% 6.84% 1.17% 1.39% -0.5382% 0.0029%
4.63% 1.69% 4.99% 2.51% 2.25% -2.1033% 0.0442%
5.13% 1.87% 6.04% 1.85% 2.54% -0.5031% 0.0025%
-1.97% -1.24% 0.81% -0.93% -1.98% 1.5157% 0.0230%
8.19% 5.56% 10.96% 5.18% 7.48% -2.5776% 0.0664%
3.33% 0.96% 1.28% 0.87% 1.95% -0.2933% 0.0009%
2.11% 4.79% -1.16% 4.04% 4.46% -0.4068% 0.0017%
3.26% 1.72% 11.30% 1.63% 2.35% -1.0758% 0.0116%
1.91% 1.42% -4.49% 1.10% 2.12% -0.2462% 0.0006%
0.56% -1.63% -1.18% -1.78% -0.49% 1.3263% 0.0176%
-3.59% -1.38% -5.55% -0.90% -3.30% 0.1975% 0.0004%
1.94% 1.14% 3.85% 1.31% 0.77% -0.5579% 0.0031%
3.32% 1.53% 4.49% 1.24% 2.40% -0.4235% 0.0018%
-5.75% -3.59% -16.01% -5.32% -2.24% 0.8238% 0.0068%
-1.08% 0.26% -0.96% -0.41% 0.69% -0.4132% 0.0017%
4.03% 1.07% 2.82% 0.73% 2.45% -0.3263% 0.0011%
2.07% 1.28% -4.57% 1.74% 0.88% 0.0414% 0.0000%
6.91% 3.95% 5.09% 3.59% 5.52% -1.6672% 0.0278%
3.89% 3.32% 10.47% 3.88% 2.40% -0.7750% 0.0060%
-2.74% -2.59% -1.60% -3.29% -2.12% 3.0538% 0.0933%
2.67% 1.90% -1.02% 0.63% 3.89% -0.7859% 0.0062%
-1.86% -1.80% -4.93% -1.62% -2.96% 0.8629% 0.0074%
-4.89% -2.05% -6.00% -1.86% -3.48% 1.4454% 0.0209%
6.02% 3.06% 3.78% 3.89% 3.09% -1.7081% 0.0292%
2.84% -0.09% 2.20% -0.99% 2.01% -0.5333% 0.0028%
 5.43% 3.50% 8.00% 4.55% 2.78% -1.3220% 0.0175%
-1.35% -1.16% -1.89% -1.97% -0.51% 0.9927% 0.0099%
0.61% 0.49% 3.80% -0.47% 1.31% 0.0578% 0.0000%
-3.38% -1.71% -8.80% -0.81% -2.97% 0.1871% 0.0004%
4.51% 3.47% 7.83% 4.03% 3.62% -1.7480% 0.0306%
0.19% -0.32% -0.32% -0.95% 0.59% 0.3439% 0.0012%
6.24% 2.07% 5.56% 1.49% 4.29% -1.1114% 0.0124%
-0.84% -0.23% -3.65% -0.07% -0.07% -0.7946% 0.0063%
3.18% 0.99% 3.35% 1.44% 1.62% -0.7199% 0.0052%
0.54% 0.81% -0.26% -0.70% 1.78% 0.3665% 0.0013%
-5.03% -2.99% -4.26% -3.93% -3.33% 0.1151% 0.0001%
-0.69% -0.23% 2.12% -0.78% -0.35% -0.4333% 0.0019%
-4.36% -0.04% -4.90% -1.99% 0.48% 0.6725% 0.0045%
1.67% 1.96% 1.29% 3.03% 1.34% -1.0159% 0.0103%
0.90% 2.09% 2.16% 2.15% 1.69% -0.9810% 0.0096%
4.08% 2.93% 7.72% 2.94% 2.86% -1.1205% 0.0126%
3.31% 1.50% 2.60% 1.12% 2.33% -0.5154% 0.0027%
0.00% 0.95% 3.61% -0.05% 1.33% -0.4840% 0.0023%
2.44% 1.26% 5.25% 1.83% 0.68% -0.5801% 0.0034%
-0.11% -2.34% -1.56% -2.25% -1.84% 1.0777% 0.0116%
1.13% 0.70% -0.40% 0.23% 0.92% 0.3901% 0.0015%
3.12% 3.90% 5.43% 4.24% 3.21% -0.9110% 0.0083%
4.37% 3.10% 3.45% 2.66% 3.64% -1.1425% 0.0131%
-1.62% -2.05% -4.00% -1.56% -2.27% 0.7227% 0.0052%
-5.30% -3.27% -6.36% -2.24% -4.88% 2.0032% 0.0401%
-0.33% 1.12% -1.34% 1.22% 1.87% -1.4442% 0.0209%
2.13% 3.53% 3.19% 4.10% 2.26% -8.6296% 0.7447%
2.26% 1.65% -0.59% 2.70% 0.64% 0.8401% 0.0071%
-6.27% -4.29% -6.78% -4.02% -5.65% 2.2134% 0.0490%
-1.26% -0.78% -3.57% -0.66% -1.73% 9.6279% 0.9270%
-6.04% -6.23% -7.64% -7.53% -4.79% 1.3901% 0.0193%
-2.45% -3.03% -3.79% -2.62% -3.90% 2.8291% 0.0800%
-1.50% -0.73% -2.50% 0.22% -2.62% 0.7017% 0.0049%
6.08% 4.42% 3.89% 3.85% 4.88% -1.1505% 0.0132%
5.05% 1.33% 4.61% 2.26% 0.32% 0.2802% 0.0008%
-7.32% -8.53% -10.53% -7.51% -9.71% 5.0016% 0.2502%
-0.02% -1.31% 3.31% -0.76% -2.50% -1.5430% 0.0238%
3.11% 1.03% 5.43% 1.53% 1.07% -3.0635% 0.0938%
-10.44% -9.19% -10.17% -9.84% -9.63% 0.5506% 0.0030%
-20.82% -16.46% -23.19% -15.51% -17.42% 5.3931% 0.2909%
-10.23% -7.20% -9.97% -6.60% -7.18% 3.0903% 0.0955%
4.49% 1.12% 4.19% 2.29% 1.08% 3.1836% 0.1014%
Sqd Return Deviation
PCBAX
0.0105%
0.0789%
0.0032%
0.1353%
0.1559%
0.1158%
0.1432%
0.0074%
0.0964%
0.1559%
0.1480%
0.0437%
0.1521%
0.0001%
0.0028%
0.0007%
0.0588%
0.0278%
0.0621%
0.1234%
0.2622%
0.1884%
0.8969%
0.0493%
0.5509%
0.0002%
0.3966%
0.3738%
0.2968%
0.0856%
1.5785%
0.1388%
0.2380%
0.3511%
0.0000%
0.0008%
0.0435%
0.9276%
0.0503%
0.0343%
0.0060%
0.0225%
0.0193%
3.9897%
0.3553%
1.2396%
0.4451%
1.4687%
0.6852%
0.0848%
1.0679%
0.0743%
0.4375%
0.0101%
0.3371%
0.0486%
0.1978%
0.9071%
0.1683%
0.0345%
1.0074%
0.0028%
0.7809%
0.0952%
0.0596%
0.0021%
0.0104%
0.5333%
0.4630%
0.0015%
0.9740%
0.0076%
0.3873%
0.6686%
0.1082%
0.4213%
0.0026%
0.0379%
0.0503%
0.5893%
1.8080%
0.0246%
0.6668%
0.0032%
0.1891%
0.4669%
0.3917%
0.0673%
0.0007%
1.6377%
0.6493%
0.2408%
1.5420%
1.2080%
0.7675%
0.5738%
0.0069%
0.1252%
0.0002%
1.3328%
1.1705%
0.0000%
0.0219%
0.0630%
0.0383%
0.3719%
0.0167%
0.1889%
0.0035%
0.0146%
0.0447%
0.0403%
0.0287%
0.1148%
0.6987%
0.0001%
0.0148%
0.0005%
0.4968%
0.3013%
0.1748%
0.0069%
0.0817%
0.1245%
0.1903%
0.0068%
0.1407%
0.1580%
0.0005%
0.0341%
0.4433%
0.0076%
0.0014%
0.0463%
0.0069%
0.0730%
0.2780%
0.0005%
0.2919%
0.0980%
0.0231%
0.1984%
0.0441%
0.0018%
0.0000%
0.0516%
0.0341%
0.1993%
0.1103%
0.1413%
0.4441%
0.0034%
1.1151%
0.0022%
0.5944%
0.2027%
0.7371%
0.6688%
0.3852%
0.1840%
0.0347%
0.6685%
0.0240%
0.0073%
1.5087%
4.7787%
2.6132%
0.4289%
 Intercept 0.00%
B1 0.04
B2 0.15
B3 0.00
B4 0.00
B5 0.24
B6 0.57
Sum of coefficients = 1 1.00
Sum of Squared Residuals 7.1% <-- Minimize this!
Average Residual -0.14%
Average Return 0.43%
Total Sum of Squares 58.5%
R-squared 88%
12%