Month Open Price High Price Low Price Close Price

Mar-15 914 979 849 872.9

Apr-15 873 950.4 833.45 849.5
May-15 852 906.65 829 859.8
Jun-15 856.9 919.4 807 916.45
Jul-15 915 944 872.55 921.05
Aug-15 920 925.15 848.25 861.5
Sep-15 859 863 777.5 813.3
Oct-15 816 831.45 771 801.85
Nov-15 801 825.6 779 809.45
Dec-15 811.5 873.9 807 862.35
Jan-16 859.55 868 765.35 816.9
Feb-16 817 863.65 788 829.8
Mar-16 830 883.75 819 869.5
Apr-16 868 907 844.95 866.65
May-16 860 869.45 806.75 849.9
Jun-16 850 907.3 835.1 898.6
Jul-16 901 949 886 921.5
Aug-16 925 945.85 899.75 916.65
Sep-16 918 954 865 867.8
Oct-16 872 888.55 820.05 840.25
Nov-16 835.6 866.85 783.25 844.3
Dec-16 844 854 782.95 826.3
Jan-17 826.25 875.65 817.25 855.15
Feb-17 855 871.8 839 864.9
Mar-17 867 925 862.8 909.75
Apr-17 910 950 899.1 934.7
May-17 934.7 1080 923.5 1066.8
Jun-17 1066 1128 1052.4 1081.6
Jul-17 1090 1195.1 1082 1153.35
Aug-17 1153 1221 1144.05 1217.35
Sep-17 1217 1286 1169 1175.15
Oct-17 1185 1288 1173 1236.85
Nov-17 1244 1314.5 1227 1273.75
Dec-17 1278.45 1384.1 1241.3 1368.1
Jan-18 1355 1410.65 1331.05 1369.65
Feb-18 1376 1415.15 1305 1316.35
Mar-18 1320.5 1344.05 1281.6 1335.9
Apr-18 1333 1515 1321.6 1509.05
May-18 1510 1625 1441.6 1613.65
Jun-18 1611 1655 1547 1641.85
Jul-18 1644.9 1779.95 1626.95 1731.6
Aug-18 1731.6 1807.75 1715.6 1780.6
Sep-18 1781 1786 1568 1607.65
Oct-18 1608 1650.55 1477.9 1617.85
Nov-18 1628.5 1796.7 1584.8 1753.6
Dec-18 1779.9 1870.5 1742 1818.05
Jan-19 1821 1860 1725 1762.25
Feb-19 1767 1847.15 1722 1731.35
Mar-19 1739.85 1755 1661.25 1707.8
Apr-19 1710 1762 1649.7 1753.95
May-19 1754 1803 1657 1785.15
Jun-19 1790 1864.45 1746 1787.3
Jul-19 1795 1815.6 1660 1725.95
Aug-19 1725 1888.95 1706.95 1880.1
Sep-19 1870 2101.5 1793.05 1982.45
Oct-19 1985.35 2187 1928.3 2176.75
Nov-19 2167 2186 2008.35 2036.1
Dec-19 2036.1 2062 1908.05 1923.25
Jan-20 1931 2085 1907 2034.15
Feb-20 2058 2307.2 2032.2 2174.9
Mar-20 2182 2311.85 1756 2298.15
Apr-20 2304 2614 2128.65 2195.7
May-20 2108 2159.5 1902.3 2056.9
Jun-20 2070 2199 2055 2180.75
Jul-20 2186 2350 2125 2212.9
Aug-20 2201 2234.8 2102 2116.55
Sep-20 2145.5 2185 2001 2068.35
Oct-20 2086 2207 2068.25 2072.3
Nov-20 2073 2215.75 2043.8 2137.2
Dec-20 2154 2417.4 2121 2393.55
Jan-21 2404 2456 2254 2263.4
Feb-21 2265 2287 2104.25 2132.05
Mar-21 2140.05 2437 2128 2430.8
Apr-21 2432.15 2504.3 2300 2353.85
May-21 2341.15 2446 2320 2341.35
Jun-21 2345 2531.5 2329.95 2469.6
Jul-21 2486 2512 2318.15 2334.05
Aug-21 2334 2736.9 2325 2723.25
Sep-21 2736.2 2859.1 2700.1 2812.05
Month Open PriceHigh Price Low Price Close Price
Mar-15 2300 2313.5 2130 2216.6
Apr-15 2209.4 2244 1932.65 1942.4
May-15 1961 2061 1910 2022.4
Jun-15 2030 2063 968.5 985.35
Jul-15 990 1127.75 932.55 1078.05
Aug-15 1080 1186 1045 1095.2
Sep-15 1089.95 1165.35 1052.35 1160.45
Oct-15 1169.9 1219 1087.1 1136.05
Nov-15 1130 1155.6 1012.25 1088.45
Dec-15 1088.5 1110 1023.5 1104.55
Jan-16 1100 1169.7 1031.85 1164.85
Feb-16 1170 1193.6 1067 1083.75
Mar-16 1098 1234.65 1089 1217.95
Apr-16 1212 1267.9 1151.4 1210.85
May-16 1214 1270 1171.55 1249.85
Jun-16 1241 1278 1156 1170.75
Jul-16 1180 1195.05 1056 1073.95
Aug-16 1074 1094 1009.2 1036.8
Sep-16 1036 1068.65 1024 1038.1
Oct-16 1038.1 1080.7 994 1002.5
Nov-16 1009.85 1009.85 900.3 975.45
Dec-16 976 1020.95 957.9 1010.7
Jan-17 1012 1045 905 929.3
Feb-17 921.9 1028.1 906 1012.3
Mar-17 1014.6 1043.95 999 1020.8
Apr-17 1027.1 1030.5 910.4 919.4
May-17 924.8 1000 915.65 976.95
Jun-17 969 988.7 921.2 935.65
Jul-17 935 1021 934.4 1011.3
Aug-17 1007 1028.9 861.5 915.3
Sep-17 915.2 926.2 874 898.75
Oct-17 908 957.05 897.45 921.65
Nov-17 924 1019.2 918 974.95
Dec-17 977.5 1046.1 956.45 1039.3
Jan-18 1040 1220 1006.25 1150.65
Feb-18 1150 1189.2 1091.7 1174.25
Mar-18 1173.45 1195.5 1129 1134.4
Apr-18 1135.5 1212.4 1099 1199.4
May-18 1200 1248 1156.8 1231.9
Jun-18 1231.9 1313.45 1212.75 1306.75
Jul-18 1313.9 1392.1 1268.85 1365
Aug-18 1365.85 1453 1348.05 1440
Sep-18 1458 1467 692 727.85
Oct-18 735.1 754.95 630 686.25
Nov-18 693.9 693.9 600.65 666.5
Dec-18 670.5 714 637.7 659.85
Jan-19 661 751 651.15 749.6
Feb-19 753.8 771.15 723 733.95
Mar-19 737.8 747.65 705.65 742.3
Apr-19 742.9 773.65 713 749.95
May-19 748.6 748.9 698.4 736.85
Jun-19 734 758.9 728.2 731.95
Jul-19 734.1 804.25 706.7 794
Aug-19 790.8 817.5 760.5 814.6
Sep-19 815 847.4 742.1 805.3
Oct-19 809.8 823.35 615 685.5
Nov-19 689.9 732.5 678.3 695.95
Dec-19 702.35 737.7 689 731.75
Jan-20 733.6 792.55 708.4 776.35
Feb-20 775.95 811.2 723.3 731.35
Mar-20 733 773.35 511.1 640.3
Apr-20 640 719.8 582.35 716.2
May-20 694.55 709.9 647 691.35
Jun-20 696.55 750.9 675.05 735.9
Jul-20 736 986 730 966.25
Aug-20 962.8 974.55 915.75 928.5
Sep-20 925 1037.1 912.6 1008
Oct-20 1016 1185 1011.9 1060.6
Nov-20 1070 1154.9 1051 1100.55
Dec-20 1105.55 1265 1105.55 1255.85
Jan-21 1258.95 1392.7 1231.15 1239.65
Feb-21 1246 1331.85 1230 1252.35
Mar-21 1268 1406.25 1259.7 1367.75
Apr-21 1380 1480 1320.35 1353.9
May-21 1342 1415.5 1311.8 1393.65
Jun-21 1400 1590.85 1362.2 1581.25
Jul-21 1582 1623.45 1535 1610.25
Aug-21 1620 1755.6 1620 1704.15
Sep-21 1712 1735 1663 1717.7
Month Open Price High Price Low Price Close Price
Mar-15 358.75 404.25 339.05 393.9
Apr-15 394.7 425.7 371.85 381.65
May-15 377 434.7 374.05 425.3
Jun-15 416.9 437.2 403.5 419.9
Jul-15 422 452.45 404.3 418.6
Aug-15 419.5 427.6 332.6 354.5
Sep-15 352 366 315.65 338
Oct-15 338.2 374.35 335.8 348.75
Nov-15 348 354.1 317.9 334.5
Dec-15 335 341.2 304.65 339.9
Jan-16 338 343.9 282.3 289.7
Feb-16 291 334.8 291 316.75
Mar-16 315.3 361.2 310.2 350.9
Apr-16 350.35 384.9 325.7 363.8
May-16 364 377.55 339 351.65
Jun-16 354.65 369.3 337.25 366.15
Jul-16 367.1 383.4 353.2 362.05
Aug-16 362.05 370.8 329 331.85
Sep-16 331 332.15 302 314.05
Oct-16 315 326.2 296.6 318.5
Nov-16 320 326.8 283.95 324.5
Dec-16 325.55 337.05 289.25 305.35
Jan-17 305.25 370 299.55 347.9
Feb-17 347.9 400.65 340.8 365.15
Mar-17 368 369.45 325.5 349.95
Apr-17 350 361.35 333.25 354.6
May-17 350.15 381.5 336.95 371.8
Jun-17 370 386.45 361 379.15
Jul-17 382 431 373.35 417.8
Aug-17 415.65 438 403.7 427.85
Sep-17 429 430.15 370 388.65
Oct-17 389.65 519.35 373.1 497.65
Nov-17 518 565 480 496.85
Dec-17 496.85 547.2 477 529.4
Jan-18 531.5 542.25 422.2 439.65
Feb-18 435 449.15 403 427.35
Mar-18 429.5 436.7 391.1 398.9
Apr-18 401.4 427 374.6 409.55
May-18 411 418.25 352.1 373.8
Jun-18 378.45 394 357.6 381
Jul-18 381 392.05 331.2 390.7
Aug-18 391.5 398.55 362.8 383.35
Sep-18 385.5 397.5 335.45 338.25
Oct-18 340 340.2 277 292.15
Nov-18 294.5 339.75 287.55 313.55
Dec-18 315 340 282.25 312.9
Jan-19 316.8 345 294.8 307.15
Feb-19 305.95 326.85 293.3 317.95
Mar-19 320.5 356.4 302.6 332.9
Apr-19 332 363.95 314.25 320.2
May-19 321.9 356 312.95 348.5
Jun-19 350.5 366.2 334.8 346.7
Jul-19 343.05 371 328.15 337.8
Aug-19 335.7 378.75 321.6 347.05
Sep-19 347.05 374.6 332.65 367.25
Oct-19 368.25 396.55 325.6 374.4
Nov-19 363.1 455.65 350.5 442.3
Dec-19 470 485.75 417.9 455.8
Jan-20 458 527.2 435.4 496.7
Feb-20 497.8 568.6 483.7 524.05
Mar-20 534.15 535.95 381.05 440.6
Apr-20 443 536 412.6 514.35
May-20 510 611.7 499 552.4
Jun-20 560 593.7 537 559.65
Jul-20 574 596.6 543.4 554.85
Aug-20 551.55 565.05 508.5 513.95
Sep-20 517 558.95 414.95 420.9
Oct-20 427.9 487.8 394.05 433.6
Nov-20 434.9 494.65 434.65 463.3
Dec-20 464.25 526.95 460.55 509.3
Jan-21 510.6 610 508.25 553.2
Feb-21 561.5 623 549.55 557.1
Mar-21 556.55 559.55 499.35 517.3
Apr-21 519.75 549.95 514.25 537.3
May-21 532 576.8 518.7 534.95
Jun-21 538 562.05 518.7 525.05
Jul-21 527.05 576.2 519.9 561.9
Aug-21 565.05 667.95 559.65 663.7
Sep-21 668.9 743.9 648 726.75
Month Open PriceHigh Price Low Price Close Price
Mar-15 4449.95 4450.5 3919 4096.25
Apr-15 4100 4693.7 3938.8 4009.45
May-15 4002.05 4675 3941.45 4218.75
Jun-15 4274.9 5499 4177 5456.65
Jul-15 5468 5652.2 4951.9 5496.7
Aug-15 5500 5717.7 4775 5024.05
Sep-15 4980 5267.2 4678 5097.8
Oct-15 5165.25 5400 4917 5214.55
Nov-15 5208 5646 5175 5506.95
Dec-15 5514.4 6044 5400 6013.2
Jan-16 6022.55 6385 5350 5908.3
Feb-16 5950 6838 5601.5 5927.45
Mar-16 5970 6984.95 5876 6929.2
Apr-16 7000 7532.7 6799.1 6832.2
May-16 6813.4 7852 6769.05 7575.3
Jun-16 7550 8095 7417.6 7989.15
Jul-16 7979 10480.5 7979 10357.25
Aug-16 10520 11760.05 9727.2 11020
Sep-16 11180 11735 1015 1056.6
Oct-16 1075 1163 1039.2 1080.6
Nov-16 1090.05 1090.05 762.9 919.4
Dec-16 930 930 762.3 839.25
Jan-17 855 1072.35 843.15 1036.2
Feb-17 1048.5 1118.8 1025.55 1107.3
Mar-17 1111 1204.5 1020 1174.1
Apr-17 1175 1350 1152.6 1275.85
May-17 1279 1373.9 1190.4 1324.95
Jun-17 1330 1431 1316.85 1374.2
Jul-17 1381 1740.5 1366.8 1702.1
Aug-17 1702.8 1839.7 1590.05 1783.65
Sep-17 1772 1989 1760.5 1834.95
Oct-17 1850.05 1972.45 1701 1799.65
Nov-17 1795 1845.7 1709 1729.35
Dec-17 1720 1796.05 1630.55 1756.8
Jan-18 1776.8 1865 1632.75 1677.5
Feb-18 1677 1761.7 1514.4 1642.1
Mar-18 1635 1797 1595 1769.75
Apr-18 1769.75 1967.7 1769.75 1906.05
May-18 1910 2176.7 1818.75 2108.1
Jun-18 2132 2419.55 2050 2296.95
Jul-18 2299 2798 2282 2698.55
Aug-18 2720.95 2995.1 2660.45 2859.15
Sep-18 2884.95 2884.95 2000 2167.4
Oct-18 2171 2430 1912 2374.7
Nov-18 2378 2564.15 2234 2528.4
Dec-18 2549 2667.4 2330 2641.15
Jan-19 2641.05 2662 2360.95 2570.35
Feb-19 2598 2735.1 2508 2647.4
Mar-19 2662.8 3035 2643.1 3024.85
Apr-19 3027.5 3131.9 2974.95 3094.25
May-19 3099.6 3534.8 2849.2 3469.7
Jun-19 3465 3695 3420.2 3682.3
Jul-19 3685 3761.35 2995.55 3250.9
Aug-19 3211.05 3449 2998.6 3331.6
Sep-19 3319.8 4112 3210 4050.15
Oct-19 4095 4219.5 3820.8 4024.9
Nov-19 4032.9 4277.5 4022 4073.25
Dec-19 4089 4280 3881.1 4235.1
Jan-20 4235 4485.75 3952.1 4365.25
Feb-20 4368 4923.2 4205 4463.1
Mar-20 4578 4619.8 2098.55 2216.05
Apr-20 2166 2566 1916 2317.05
May-20 2232 2258 1783.1 1952.7
Jun-20 1998 3144 1995.3 2828.9
Jul-20 2830 3517.75 2806.3 3251.6
Aug-20 3236 3750 3146 3489.45
Sep-20 3510 3680 3008.85 3277.25
Oct-20 3400 3518 3101.6 3307.65
Nov-20 3340 4957.5 3276 4903.3
Dec-20 4945 5372.75 4774.9 5296
Jan-21 5317 5337 4686.3 4735.95
Feb-21 4766.05 5921.75 4666.3 5238.3
Mar-21 5310 5668.15 5106 5148.9
Apr-21 5216 5525 4361.6 5453.8
May-21 5325 5793 5267.4 5621.15
Jun-21 5625 6250.2 5625 6016.15
Jul-21 6049.7 6430.6 5868.45 6228.9
Aug-21 6270 7592.3 6060 7519.95
Sep-21 7549 7843.7 7320.05 7810.6
Month Open PriceHigh Price Low Price Close Price
Mar-15 824 848.75 769.2 808.75
Apr-15 808 864.25 731 762.9
May-15 779 818 735.4 787
Jun-15 787 794.55 693 754.45
Jul-15 756.35 884.8 755.2 881.45
Aug-15 884 924.65 812.75 848.6
Sep-15 847 848.25 778.75 841.1
Oct-15 846 892 812.5 828.7
Nov-15 828 865 785 840.45
Dec-15 840 888 830 883.85
Jan-16 882.95 912 825 868.85
Feb-16 873.55 907.85 827.2 848.55
Mar-16 856 906.75 837 868.7
Apr-16 860 894.6 843.05 868.1
May-16 866 1003.85 861 984.1
Jun-16 990 1037.3 964 1003.65
Jul-16 1003.55 1152.65 983.55 1114.7
Aug-16 1120 1172.6 1091 1159.25
Sep-16 1157.1 1212.95 1137.95 1162.1
Oct-16 1175 1230 1067 1075.35
Nov-16 1075 1087.4 871.8 969.85
Dec-16 968 968 850.1 891.35
Jan-17 895 989 882.8 970.8
Feb-17 975 1030 954 1024.45
Mar-17 1029 1100 1007 1071.2
Apr-17 1075 1123.2 1033.85 1119.6
May-17 1120 1181.65 1081.45 1152.6
Jun-17 1160 1179 1084.6 1104.15
Jul-17 1096.8 1171 1096.8 1159.45
Aug-17 1160.6 1172.4 1115.05 1168.15
Sep-17 1171 1261.25 1088.6 1117.05
Oct-17 1132 1233 1119.95 1180.7
Nov-17 1185 1197.9 1123.15 1147.75
Dec-17 1147 1170 1100.05 1157.9
Jan-18 1160 1206.3 1124 1131.05
Feb-18 1149.5 1155.1 1090.55 1118.85
Mar-18 1120.25 1163.65 1082 1120.7
Apr-18 1125 1206.15 1112.6 1200.15
May-18 1200 1335.1 1180.55 1305.6
Jun-18 1305.6 1313.1 1243.05 1264.1
Jul-18 1265.05 1488.6 1261.8 1448.3
Aug-18 1460 1461.05 1365.8 1371.1
Sep-18 1375 1387.45 1215 1294.05
Oct-18 1300 1307.5 1119.6 1227.25
Nov-18 1229 1361.75 1212.4 1344.9
Dec-18 1349.9 1444 1254.35 1373.7
Jan-19 1380 1431.5 1351.6 1412.65
Feb-19 1416 1478.6 1346.75 1405.05
Mar-19 1407.6 1507.95 1380.7 1491.9
Apr-19 1497.55 1529.95 1405 1463
May-19 1471.9 1471.9 1294.5 1406.7
Jun-19 1424.95 1464.9 1350 1357.65
Jul-19 1365 1538.35 1291.45 1521.25
Aug-19 1520.8 1621.95 1494.3 1615.2
Sep-19 1608 1819.55 1501.25 1763.7
Oct-19 1767.35 1833.65 1717.55 1810.75
Nov-19 1801 1830.5 1666 1704
Dec-19 1704 1825.9 1698.1 1786.85
Jan-20 1790.15 1861.95 1694 1795.25
Feb-20 1818 1915.65 1747.8 1798.2
Mar-20 1810 1915.9 1431.85 1666.7
Apr-20 1651 1862.5 1517.45 1760.05
May-20 1748 1751 1482.85 1684.4
Jun-20 1693.45 1813.1 1575 1687.35
Jul-20 1685 1792.2 1645.9 1716.65
Aug-20 1720.1 2015.95 1697.5 1903.4
Sep-20 1923 2087.75 1908.3 1987.55
Oct-20 2007 2242.3 1992.6 2213.05
Nov-20 2207 2249.6 2116.6 2217.35
Dec-20 2260 2771.5 2206.85 2764.45
Jan-21 2768 2871.4 2400 2407.35
Feb-21 2435 2555 2261.45 2277.45
Mar-21 2300.1 2583 2300 2536.75
Apr-21 2536.75 2692.4 2484.05 2540.1
May-21 2512 2995 2506.35 2978.15
Jun-21 2956 3091 2877.4 2990.85
Jul-21 3000 3180 2952 2958.55
Aug-21 2968.65 3210 2954.5 3200.75
Sep-21 3223 3393.7 3218.15 3306.65
Month Open Price High Price Low Price Close Price
Mar-15 358.55 359.25 311.3 316.85
Apr-15 316.5 378.45 316.1 360.5
May-15 363 384.2 322.4 328.5
Jun-15 329 333 287.55 304.7
Jul-15 305.5 310.3 245.25 247.3
Aug-15 247.3 268.2 200.4 225.05
Sep-15 221 243.9 200 211.9
Oct-15 215.95 261.95 210.4 246.75
Nov-15 247.1 247.1 213 230.05
Dec-15 230.5 266.25 225 259.55
Jan-16 261 276.2 225.3 250.05
Feb-16 251 263.5 211.3 249.1
Mar-16 250 325.85 246.7 319.5
Apr-16 318 364.15 308.4 350.55
May-16 350 355.45 311.2 334.45
Jun-16 335.5 348.25 297.4 321.9
Jul-16 325.05 379.25 312 354.75
Aug-16 359 394.6 354 370.45
Sep-16 370.8 408.5 355.4 374.4
Oct-16 376 431.65 375 404.65
Nov-16 404 440.9 366.05 414.95
Dec-16 417.55 435.4 377.45 391.1
Jan-17 390.2 476.35 388.95 462.4
Feb-17 462.55 495.85 455.7 482.65
Mar-17 483.3 508.45 462.5 482.65
Apr-17 485 505.8 442.6 448.85
May-17 450.05 520.4 428.25 504.9
Jun-17 506.2 546.8 487.5 544.35
Jul-17 544.05 572 541.95 567.55
Aug-17 569.1 642.6 558 638
Sep-17 641 696.55 623 651.05
Oct-17 655.05 734.9 654.25 703.65
Nov-17 707 717.95 669.7 695.15
Dec-17 696 744.35 660.6 732.45
Jan-18 732.5 792.55 702.05 705.05
Feb-18 706.25 720.6 633 671.7
Mar-18 671 684.8 554.1 570.9
Apr-18 574.95 623.9 558 594.7
May-18 596.7 636.3 536.6 575.45
Jun-18 570.9 607.55 538.35 567.85
Jul-18 575.2 586.5 493.5 562.85
Aug-18 565 614.3 540.55 601.65
Sep-18 602 646.7 574.5 580.35
Oct-18 583 594.45 530.1 552.4
Nov-18 556.95 610 513.25 530.25
Dec-18 541 552.5 486.9 521.85
Jan-19 522.05 524.05 442.1 475.95
Feb-19 477 511.95 452.3 501.3
Mar-19 503.9 531.8 502.75 520.85
Apr-19 527 559 509 556.45
May-19 556 560.35 455.5 487.9
Jun-19 487 516.4 463.65 504.4
Jul-19 509.1 514.75 406.25 431.9
Aug-19 428 431.65 322.45 344.95
Sep-19 341.6 388 327.35 359.8
Oct-19 364.8 399.65 320.3 380.5
Nov-19 376 434.35 376 427.4
Dec-19 424.7 476 389.05 472
Jan-20 473.1 505.95 436.5 438.75
Feb-20 432 487.25 373.45 381.55
Mar-20 390 394.25 250.9 269.75
Apr-20 267 304.3 251.05 298.45
May-20 286 298.5 262.55 295.2
Jun-20 300 350.45 300 326.65
Jul-20 328.25 378.2 320.5 366.4
Aug-20 364.5 442 362.45 413.2
Sep-20 413 443.75 343 359.75
Oct-20 364.9 425.9 361.75 410.35
Nov-20 412 582 398.85 577.85
Dec-20 590.5 653.3 577 643.55
Jan-21 644 731.35 596.3 601.15
Feb-21 604 752.85 597.45 714.8
Mar-21 725.9 823.5 681.2 811.95
Apr-21 821 1052.5 818.65 1033.95
May-21 1034.95 1246.8 1018.45 1125.65
Jun-21 1128 1195 1050.5 1166.85
Jul-21 1170.05 1481.25 1130.5 1433.75
Aug-21 1448.9 1534.6 1309.8 1450.05
Sep-21 1451 1476.65 1233.2 1292
Date Price Open High Low Change %
Mar-21 6.177 6.236 6.274 6.114 -0.83%
Feb-21 6.229 5.917 6.242 5.888 4.71% Rf 6.9950%
Jan-21 5.949 5.905 5.988 5.839 0.93%
Dec-20 5.894 5.919 5.981 5.887 -0.29%
Nov-20 5.911 5.89 5.936 5.837 0.51%
Oct-20 5.881 5.965 6.042 5.791 -2.23%
Sep-20 6.015 5.949 6.109 5.878 -1.04%
Aug-20 6.078 5.846 6.231 5.808 4.13%
Jul-20 5.837 5.907 5.907 5.747 -0.87%
Jun-20 5.888 6.055 6.089 5.755 -2.08%
May-20 6.013 6.138 6.25 5.879 -1.59%
Apr-20 6.11 6.287 6.504 6.015 -0.46%
Mar-20 6.138 6.343 6.449 5.995 -3.66%
Feb-20 6.371 6.509 6.52 6.326 -3.46%
Jan-20 6.599 6.548 6.692 6.485 0.69%
Dec-19 6.554 6.463 6.837 6.448 1.46%
Nov-19 6.46 6.431 6.574 6.415 -2.75%
Oct-19 6.643 6.68 6.739 6.582 -0.78%
Sep-19 6.695 6.498 6.874 6.488 2.12%
Aug-19 6.556 6.394 6.639 6.296 2.94%
Jul-19 6.369 6.906 6.93 6.266 -7.41%
Jun-19 6.879 6.949 7.097 6.734 -2.18%
May-19 7.032 7.411 7.426 7.03 -5.15%
Apr-19 7.414 7.356 7.497 7.229 0.93%
Mar-19 7.346 7.588 7.59 7.301 -3.23%
Feb-19 7.591 7.47 7.699 7.425 1.44%
Jan-19 7.483 7.401 7.65 7.35 1.53%
Dec-18 7.37 7.646 7.703 7.218 -3.12%
Nov-18 7.607 7.831 7.84 7.576 -3.13%
Oct-18 7.853 7.923 8.21 7.797 -2.13%
Sep-18 8.024 7.94 8.231 7.917 0.92%
Aug-18 7.951 7.767 7.958 7.681 2.30%
Jul-18 7.772 7.889 7.917 7.723 -1.66%
Jun-18 7.903 7.86 8 7.769 0.98%
May-18 7.826 7.731 7.945 7.553 0.76%
Apr-18 7.767 7.333 7.797 7.123 4.99%
Mar-18 7.398 7.726 7.8 7.286 -4.25%
Feb-18 7.726 7.446 7.816 7.399 3.98%
Jan-18 7.43 7.349 7.587 7.243 1.42%
Dec-17 7.326 7.088 7.41 7.012 3.80%
Nov-17 7.058 6.879 7.084 6.847 2.86%
Oct-17 6.862 6.674 6.898 6.625 2.99%
Sep-17 6.663 6.492 6.71 6.477 2.11%
Aug-17 6.525 6.466 6.576 6.419 0.93%
 Jul-17 6.465 6.61 6.618 6.404 -0.71%
Jun-17 6.511 6.649 6.672 6.419 -2.25%
May-17 6.661 6.968 6.994 6.653 -4.31%
Apr-17 6.961 6.658 6.983 6.554 4.55%
Mar-17 6.658 6.898 6.932 6.665 -3.09%
Feb-17 6.87 6.403 6.953 6.376 7.23%
Jan-17 6.407 6.483 6.494 6.294 -1.61%
Dec-16 6.512 6.257 6.62 6.169 4.31%
Nov-16 6.243 6.873 6.929 6.113 -9.32%
Oct-16 6.885 6.956 6.956 6.783 -1.05%
Sep-16 6.958 7.104 7.126 6.91 -2.14%
Aug-16 7.11 7.138 7.225 7.074 -0.74%
Jul-16 7.163 7.441 7.441 7.161 -3.83%
Jun-16 7.448 7.473 7.546 7.421 -0.31%
May-16 7.471 7.439 7.499 7.419 0.48%
Apr-16 7.435 7.451 7.496 7.353 -0.32%
Mar-16 7.459 7.63 7.672 7.453 -2.15%
Feb-16 7.623 7.793 7.879 7.617 -2.01%
Jan-16 7.779 7.754 7.832 7.707 0.27%
Dec-15 7.758 7.785 7.818 7.686 -0.36%
Nov-15 7.786 7.64 7.788 7.61 1.91%
Oct-15 7.64 7.527 7.648 7.496 1.34%
Sep-15 7.539 7.793 7.803 7.527 -3.15%
Aug-15 7.784 7.788 7.911 7.712 -0.28%
Jul-15 7.806 7.865 7.909 7.725 -0.70%
Jun-15 7.861 7.815 8.017 7.689 0.59%
May-15 7.815 7.875 8.007 7.809 -0.57%
Apr-15 7.86 7.722 7.873 7.711 1.58%
Date Open High Low Close Adj Close Volume Change %
3/1/2015 8937.75 9105.4 8286.15 8519.5 8519.5 55441400
4/1/2015 8513.6 8895.2 8199.45 8239.55 8239.55 49435800 -3.29%
5/1/2015 8288.65 8552.65 8028.3 8499.85 8499.85 50622200 3.16%
6/1/2015 8480 8525.3 8006.4 8440.95 8440.95 47111200 -0.69%
7/1/2015 8452.5 8753.3 8417.65 8645.85 8645.85 47813400 2.43%
8/1/2015 8632.05 8781.15 7777.3 8119.55 8119.55 60092500 -6.09%
9/1/2015 8052.6 8173.05 7657.6 8068 8068 51146900 -0.63%
10/1/2015 8115.1 8424.25 8059.15 8175.85 8175.85 48943900 1.34%
11/1/2015 8169.55 8234.1 7835.65 8057.2 8057.2 45618600 -1.45%
12/1/2015 8083.2 8109.4 7685.75 8090.9 8090.9 47889400 0.42%
1/1/2016 8085.4 8126 7340.95 7659.65 7659.65 57227100 -5.33%
2/1/2016 7688.35 7695.55 6924.4 7083.95 7083.95 73146500 -7.52%
3/1/2016 7132.05 7859.15 7132.05 7832.15 7832.15 66867300 10.56%
4/1/2016 7812.35 8098.55 7633.45 7963.65 7963.65 56589500 1.68%
5/1/2016 7939.9 8305.45 7803.05 8254.8 8254.8 71060200 3.66%
6/1/2016 8275.05 8430.15 8025.15 8416.2 8416.2 68970200 1.96%
7/1/2016 8442.8 8874.5 8437.1 8839 8839 62870200 5.02%
8/1/2016 8859.25 9037.3 8701.9 9000.5 9000.5 67508800 1.83%
9/1/2016 9009.3 9188.15 8762.55 8844.2 8844.2 65662300 -1.74%
10/1/2016 8900 9067.15 8769.05 8906.05 8906.05 49145500 0.70%
11/1/2016 8928.25 8949.75 8112.1 8466.4 8466.4 74045700 -4.94%
12/1/2016 8486.6 8517.7 8069.85 8382.5 8382.5 50164500 -0.99%
1/1/2017 8409.6 8943.45 8337.2 8825 8825 64126900 5.28%
2/1/2017 8837.3 9262.9 8803.75 9170.95 9170.95 66802000 3.92%
3/1/2017 9197.65 9498.9 9123.55 9467.1 9467.1 73394400 3.23%
4/1/2017 9509.4 9718.35 9408.4 9652.45 9652.45 55637400 1.96%
5/1/2017 9687.9 9938.2 9608 9909.6 9909.6 79631700 2.66%
6/1/2017 9895.9 10020.35 9752.75 9835.4 9835.4 58717900 -0.75%
7/1/2017 9898.9 10447.15 9857.5 10417.8 10417.8 62419300 5.92%
8/1/2017 10442.65 10472.15 10007.95 10286.55 10286.55 68275900 -1.26%
9/1/2017 10310.5 10566.95 10020.55 10143.9 10143.9 67617000 -1.39%
10/1/2017 10252.9 10786.2 10194.7 10740.85 10740.85 77578200 5.88%
11/1/2017 10799.75 10918.05 10487.2 10650.75 10650.75 89314600 -0.84%
12/1/2017 10690.1 11002.55 10449.95 10985.15 10985.15 64303600 3.14%
1/1/2018 10990.45 11552.8 10854.45 11393.55 11393.55 85819800 3.72%
2/1/2018 11414.3 11483 10610.75 10861.4 10861.4 90083100 -4.67%
3/1/2018 10850.7 10899.6 10301.95 10478.4 10478.4 83003000 -3.53%
4/1/2018 10521.45 11163.15 10497.2 11145.9 11145.9 79770600 6.37%
5/1/2018 11191.6 11248.95 10734.7 11064.15 11064.15 94896700 -0.73%
6/1/2018 11068.3 11226 10827.15 10993.45 10993.45 84004100 -0.64%
7/1/2018 11013.1 11643.1 10874.95 11633.85 11633.85 1E+08 5.83%
8/1/2018 11640.9 12056.85 11524.65 12003.1 12003.1 99326400 3.17%
9/1/2018 12075.8 12075.8 11039.35 11126.4 11126.4 1.07E+08 -7.30%
10/1/2018 11123.95 11224.1 10186 10604.6 10604.6 1.22E+08 -4.69%
11/1/2018 10660.5 11130 10567.45 11092.25 11092.25 1.08E+08 4.60%
12/1/2018 11146.8 11239.65 10532.65 11110.15 11110.15 1E+08 0.16%
1/1/2019 11130.55 11188.5 10763.15 10996.8 10996.8 1.08E+08 -1.02%
2/1/2019 11018.7 11272.2 10713.3 10959.9 10959.9 1.12E+08 -0.34%
3/1/2019 11009.7 11794.85 10998 11789.2 11789.2 1.17E+08 7.57%
4/1/2019 11834.85 12013.7 11706.8 11874.25 11874.25 1.13E+08 0.72%
5/1/2019 11851.45 12136.65 11201.2 12028.25 12028.25 1.58E+08 1.30%
6/1/2019 12061.15 12204.05 11686.95 11882.1 11882.1 1.08E+08 -1.22%
7/1/2019 11932.85 12081.7 11089.2 11221.2 11221.2 1.58E+08 -5.56%
8/1/2019 11164.05 11296.6 10730.9 11155.1 11155.1 1.85E+08 -0.59%
9/1/2019 11092.1 11837.65 10812.7 11613.3 11613.3 1.89E+08 4.11%
10/1/2019 11655.5 12099.1 11200.95 12037.25 12037.25 2.52E+08 3.65%
11/1/2019 12049.25 12286.6 11935.85 12182.6 12182.6 3E+08 1.21%
12/1/2019 12255.4 12387.3 11918.95 12267.75 12267.75 2.37E+08 0.70%
1/1/2020 12299.85 12544.4 12026.8 12086.9 12086.9 1.95E+08 -1.47%
2/1/2020 11736.6 12369.4 11288.4 11316.3 11316.3 2.2E+08 -6.38%
3/1/2020 11500.85 11560.15 7624.85 8731.15 8731.15 3.96E+08 -22.84%
4/1/2020 8722.1 10031.95 8213.25 10006.9 10006.9 2.49E+08 14.61%
5/1/2020 9682.65 9777.1 8988.95 9759.45 9759.45 2.81E+08 -2.47%
6/1/2020 9900.7 10753.6 9719.65 10486.9 10486.9 3.75E+08 7.45%
7/1/2020 10511.9 11428.15 10482.35 11222.95 11222.95 1.95E+08 7.02%
8/1/2020 11208.55 11927.2 11046.95 11496.05 11496.05 84774400 2.43%
9/1/2020 11570.15 11743.85 10906.7 11385.2 11385.2 7090300 -0.96%
10/1/2020 11499.65 12092.05 11484.25 11748.95 11748.95 0 3.19%
11/1/2020 11803.05 13244.8 11675.25 13080.3 13080.3 8058100 11.33%
12/1/2020 13180.2 14127.6 13088.05 14090.75 14090.75 15271800 7.72%
1/1/2021 14226 14860.85 13704.15 13743.3 13743.3 19177500 -2.47%
2/1/2021 13866.05 15513.5 13762.2 14667.6 14667.6 45208100 6.73%
3/1/2021 14834.5 15438.5 14393.5 14807.45 14807.45 9292100 0.95%
4/1/2021 14912.25 15178.85 14329.6 14790.6 14790.6 8103800 -0.11%
5/1/2021 14645.6 15822.35 14583.35 15798.7 15798.7 18968300 6.82%
6/1/2021 15848 16167.6 15665.25 15959.4 15959.4 0 1.02%
7/1/2021 15992.2 16200.3 15781.9 16040.15 16040.15 9373000 0.51%
8/1/2021 16151.8 17394.6 16112.8 17373.1 17373.1 84823300 8.31%
9/1/2021 17432.65 18072.5 17321.7 17654.1 17654.1 98662200 1.62%
ORIGINAL
HUL Infosys Bharti Airtel
Date Close Price HPR Date Close Price HPR Date Close Price HPR
Mar-15 872.9 Mar-15 2216.6 Mar-15 393.9
Apr-15 849.5 -2.68% Apr-15 1942.4 -12.37% Apr-15 381.65 -3.11%
May-15 859.8 1.21% May-15 2022.4 4.12% May-15 425.3 11.44%
Jun-15 916.45 6.59% Jun-15 985.35 -51.28% Jun-15 419.9 -1.27%
Jul-15 921.05 0.50% Jul-15 1078.05 9.41% Jul-15 418.6 -0.31%
Aug-15 861.5 -6.47% Aug-15 1095.2 1.59% Aug-15 354.5 -15.31%
Sep-15 813.3 -5.59% Sep-15 1160.45 5.96% Sep-15 338 -4.65%
Oct-15 801.85 -1.41% Oct-15 1136.05 -2.10% Oct-15 348.75 3.18%
Nov-15 809.45 0.95% Nov-15 1088.45 -4.19% Nov-15 334.5 -4.09%
Dec-15 862.35 6.54% Dec-15 1104.55 1.48% Dec-15 339.9 1.61%
Jan-16 816.9 -5.27% Jan-16 1164.85 5.46% Jan-16 289.7 -14.77%
Feb-16 829.8 1.58% Feb-16 1083.75 -6.96% Feb-16 316.75 9.34%
Mar-16 869.5 4.78% Mar-16 1217.95 12.38% Mar-16 350.9 10.78%
Apr-16 866.65 -0.33% Apr-16 1210.85 -0.58% Apr-16 363.8 3.68%
May-16 849.9 -1.93% May-16 1249.85 3.22% May-16 351.65 -3.34%
Jun-16 898.6 5.73% Jun-16 1170.75 -6.33% Jun-16 366.15 4.12%
Jul-16 921.5 2.55% Jul-16 1073.95 -8.27% Jul-16 362.05 -1.12%
Aug-16 916.65 -0.53% Aug-16 1036.8 -3.46% Aug-16 331.85 -8.34%
Sep-16 867.8 -5.33% Sep-16 1038.1 0.13% Sep-16 314.05 -5.36%
Oct-16 840.25 -3.17% Oct-16 1002.5 -3.43% Oct-16 318.5 1.42%
Nov-16 844.3 0.48% Nov-16 975.45 -2.70% Nov-16 324.5 1.88%
Dec-16 826.3 -2.13% Dec-16 1010.7 3.61% Dec-16 305.35 -5.90%
Jan-17 855.15 3.49% Jan-17 929.3 -8.05% Jan-17 347.9 13.93%
Feb-17 864.9 1.14% Feb-17 1012.3 8.93% Feb-17 365.15 4.96%
Mar-17 909.75 5.19% Mar-17 1020.8 0.84% Mar-17 349.95 -4.16%
Apr-17 934.7 2.74% Apr-17 919.4 -9.93% Apr-17 354.6 1.33%
May-17 1066.8 14.13% May-17 976.95 6.26% May-17 371.8 4.85%
Jun-17 1081.6 1.39% Jun-17 935.65 -4.23% Jun-17 379.15 1.98%
Jul-17 1153.35 6.63% Jul-17 1011.3 8.09% Jul-17 417.8 10.19%
Aug-17 1217.35 5.55% Aug-17 915.3 -9.49% Aug-17 427.85 2.41%
Sep-17 1175.15 -3.47% Sep-17 898.75 -1.81% Sep-17 388.65 -9.16%
Oct-17 1236.85 5.25% Oct-17 921.65 2.55% Oct-17 497.65 28.05%
Nov-17 1273.75 2.98% Nov-17 974.95 5.78% Nov-17 496.85 -0.16%
Dec-17 1368.1 7.41% Dec-17 1039.3 6.60% Dec-17 529.4 6.55%
Jan-18 1369.65 0.11% Jan-18 1150.65 10.71% Jan-18 439.65 -16.95%
Feb-18 1316.35 -3.89% Feb-18 1174.25 2.05% Feb-18 427.35 -2.80%
Mar-18 1335.9 1.49% Mar-18 1134.4 -3.39% Mar-18 398.9 -6.66%
Apr-18 1509.05 12.96% Apr-18 1199.4 5.73% Apr-18 409.55 2.67%
May-18 1613.65 6.93% May-18 1231.9 2.71% May-18 373.8 -8.73%
Jun-18 1641.85 1.75% Jun-18 1306.75 6.08% Jun-18 381 1.93%
 Jul-18 1731.6 5.47% Jul-18 1365 4.46% Jul-18 390.7 2.55%
Aug-18 1780.6 2.83% Aug-18 1440 5.49% Aug-18 383.35 -1.88%
Sep-18 1607.65 -9.71% Sep-18 727.85 -49.45% Sep-18 338.25 -11.76%
Oct-18 1617.85 0.63% Oct-18 686.25 -5.72% Oct-18 292.15 -13.63%
Nov-18 1753.6 8.39% Nov-18 666.5 -2.88% Nov-18 313.55 7.33%
Dec-18 1818.05 3.68% Dec-18 659.85 -1.00% Dec-18 312.9 -0.21%
Jan-19 1762.25 -3.07% Jan-19 749.6 13.60% Jan-19 307.15 -1.84%
Feb-19 1731.35 -1.75% Feb-19 733.95 -2.09% Feb-19 317.95 3.52%
Mar-19 1707.8 -1.36% Mar-19 742.3 1.14% Mar-19 332.9 4.70%
Apr-19 1753.95 2.70% Apr-19 749.95 1.03% Apr-19 320.2 -3.81%
May-19 1785.15 1.78% May-19 736.85 -1.75% May-19 348.5 8.84%
Jun-19 1787.3 0.12% Jun-19 731.95 -0.66% Jun-19 346.7 -0.52%
Jul-19 1725.95 -3.43% Jul-19 794 8.48% Jul-19 337.8 -2.57%
Aug-19 1880.1 8.93% Aug-19 814.6 2.59% Aug-19 347.05 2.74%
Sep-19 1982.45 5.44% Sep-19 805.3 -1.14% Sep-19 367.25 5.82%
Oct-19 2176.75 9.80% Oct-19 685.5 -14.88% Oct-19 374.4 1.95%
Nov-19 2036.1 -6.46% Nov-19 695.95 1.52% Nov-19 442.3 18.14%
Dec-19 1923.25 -5.54% Dec-19 731.75 5.14% Dec-19 455.8 3.05%
Jan-20 2034.15 5.77% Jan-20 776.35 6.09% Jan-20 496.7 8.97%
Feb-20 2174.9 6.92% Feb-20 731.35 -5.80% Feb-20 524.05 5.51%
Mar-20 2298.15 5.67% Mar-20 640.3 -12.45% Mar-20 440.6 -15.92%
 Bajaj Finance Mean
Date Close Price HPR Monthly
Mar-15 402.717285 HUL 1.74%
Apr-15 394.183685 -2.12% Infosys -1.22%
May-15 414.760773 5.22% Bharti Airtel 0.52%
Jun-15 536.463196 29.34% Bajaj Finance 3.67%
Jul-15 540.400574 0.73%
Aug-15 495.63736 -8.28% CORRELATION
Sep-15 502.913025 1.47%
Oct-15 514.430664 2.29% HUL
Nov-15 543.276917 5.61% HUL 1
Dec-15 593.21991 9.19% Infosys 0.0476064
Jan-16 582.871277 -1.74% Bharti Airtel 0.339430096112626
Feb-16 584.760498 0.32% Bajaj Finance 0.301683623359915
Mar-16 683.58606 16.90%
Apr-16 675.897827 -1.12% COVARIANCE
May-16 749.411499 10.88%
Jun-16 790.352966 5.46% HUL
Jul-16 1024.624878 29.64% HUL 0.0292243750936565
Aug-16 1091.07959 6.49% Infosys 0.00313493404516548
Sep-16 1046.12915 -4.12% Bharti Airtel 0.0165569204567192
Oct-16 1062.317139 1.55% Bajaj Finance 0.0211917849046083
Nov-16 910.289001 -14.31%
Dec-16 830.933105 -8.72% COVARIANCE-VARIANCE MATRIX
Jan-17 1025.931396 23.47%
Feb-17 1096.326782 6.86% Weights
Mar-17 1162.464844 6.03%
Apr-17 1261.375 8.51% 25% HUL
May-17 1311.819946 4.00% 25% Infosys
Jun-17 1360.581909 3.72% 25% Bharti Airtel
Jul-17 1685.232544 23.86% 25% Bajaj Finance
Aug-17 1770.538208 5.06% 100%
Sep-17 1821.460938 2.88%
Oct-17 1786.420654 -1.92% Portfolio Variance
Nov-17 1716.637207 -3.91% Portfolio Standard Deviation
Dec-17 1743.88562 1.59% Portfolio Return
Jan-18 1665.168457 -4.51% Portfolio Sharpe
Feb-18 1630.028809 -2.11% Portfolio Jenson's Alpha
Mar-18 1756.740356 7.77% Portfolio Treynor's Ratio
Apr-18 1892.038452 7.70%
May-18 2092.603027 10.60%
Jun-18 2280.064697 8.96%
 Portfolio Risk
Jul-18 2678.712402 17.48%
Aug-18 2843.008545 6.13% Variance
Sep-18 2155.163818 -24.19% Variance - Annual
Oct-18 2361.293457 9.56% Std Dev - Annual
Nov-18 2514.125977 6.47%
Dec-18 2626.239258 4.46% CAPM Returns
Jan-19 2555.839111 -2.68% HUL 5.55%
Feb-19 2632.454102 3.00% Infosys 3.41%
Mar-19 3007.773193 14.26% Bharti Airtel 2.65%
Apr-19 3076.781494 2.29% Bajaj Finance -1.91%
May-19 3450.111572 12.13%
Jun-19 3661.511719 6.13%
Jul-19 3232.546875 -11.72% Company Beta
Aug-19 3318.602295 2.66% β-HUL 0.288681592253805
Sep-19 4034.348633 21.57% β-Infosys 0.716829325176592
Oct-19 4009.197266 -0.62% β-Bharti Airtel 0.86867898219015
Nov-19 4057.358887 1.20% β-Bajaj Finance 1.78090194079404
Dec-19 4218.577637 3.97% Weighted Beta
Jan-20 4348.219727 3.07%
Feb-20 4445.6875 2.24% JENSENS ALPHA
Mar-20 2207.404541 -50.35% Rp
HUL 20.93%
Infosys -14.63%
Bharti Airtel 6.21%
Bajaj Finance 44.06%

TREYNOR PORTFOLIO PERFORMANCE MEASURE

Ri
HUL 20.93%
Infosys -14.63%
Bharti Airtel 6.21%
Bajaj Finance 44.06%

Summary
Risk
Situation 1 42.50%
Situation 2 14.67%
Situation 3 14.89%
Situation 4 15.15%
Situation 5 15.44%
 Mean Standard Deviation Return
Sharpe
Annually Monthly Annually Risk
20.93% 4.93% 17.1% 81.51% 122.43%
-14.63% 11.12% 38.5% -56.14% -37.98%
6.21% 8.24% 28.5% -2.75% 21.76%
44.06% 11.86% 41.1% 90.21% 107.23%

Infosys Bharti Airtel Bajaj Finance

0.0476064 0.3394301 0.3016836
1 0.1619542 0.0556233
0.1619542 1 0.3770367
0.0556233 0.3770367 1

Covariance = Correlatio

Infosys Bharti Airtel Bajaj Finance

0.00313493404516548 0.0165569204567192 0.0211917849046083
0.148381880321711 0.0178007847138734 0.0088042080804328
0.0178007847138734 0.081416644059138 0.0442062208461632
0.00880420808043281 0.0442062208461632 0.168844286852022

VARIANCE MATRIX

25% 25% 25% 25%

HUL Infosys Bharti Airtel Baja Finance
0.18% 0.02% 0.10% 0.13%
0.02% 0.93% 0.11% 0.06%
0.10% 0.11% 0.51% 0.28%
0.13% 0.06% 0.28% 1.06%
0.0274% 0.0696% 0.0625% 0.0949%

3.05%
17.47%
14.14%
40.91%
11.72%
7.82%

METHODS
 MMULT Contribution Method Markowitz Extended

0.25% 0.25% 5.04%

3.05% 3.05% 60.53%
17.47% 17.47% 77.80%

Weights
25%
25%
25%
25%
0.913772960103647

Rf βp Rm α
6.995% 0.288681592253805 1.99% 0.153786926
6.995% 0.716829325176592 1.99% -0.18038246
6.995% 0.86867898219015 1.99% 0.035609758
6.995% 1.78090194079404 1.99% 0.459765159

FORMANCE MEASURE

Rf βi T
6.995% 0.288681592253805 0.482692502671695
6.995% 0.716829325176592 -0.301668461645106
6.995% 0.86867898219015 -0.0090361168466676
6.995% 1.78090194079404 0.20813510142569

Summary
Return HUL Infosys Bharti Baja Finance
33.10% 31.00% 57.00% 11.00% 1.00%
19.37% 12.10% 5.00% 20.61% 2.12%
19.92% 10.53% 7.50% 21.39% 1.96%
20.48% 8.96% 10.00% 22.17% 1.80%
21.03% 7.39% 12.50% 22.95% 1.64%
 Sharpe = (Rportfolio - Rf Rate) / Sdportfolio

Rf 6.995%

Covariance = Correlation*SD-1*SD-2
 α = Rp - [Rf + βp (Rm-Rf)]

T = (Ri - Rf)/ βi
ORIGINAL
HUL Infosys Bharti Airtel
Date Close Price HPR Date Close Price HPR Date Close Price HPR
Mar-15 872.9 Mar-15 2216.6 Mar-15 393.9
Apr-15 849.5 -2.68% Apr-15 1942.4 -12.37% Apr-15 381.65 -3.11%
May-15 859.8 1.21% May-15 2022.4 4.12% May-15 425.3 11.44%
Jun-15 916.45 6.59% Jun-15 985.35 -51.28% Jun-15 419.9 -1.27%
Jul-15 921.05 0.50% Jul-15 1078.05 9.41% Jul-15 418.6 -0.31%
Aug-15 861.5 -6.47% Aug-15 1095.2 1.59% Aug-15 354.5 -15.31%
Sep-15 813.3 -5.59% Sep-15 1160.45 5.96% Sep-15 338 -4.65%
Oct-15 801.85 -1.41% Oct-15 1136.05 -2.10% Oct-15 348.75 3.18%
Nov-15 809.45 0.95% Nov-15 1088.45 -4.19% Nov-15 334.5 -4.09%
Dec-15 862.35 6.54% Dec-15 1104.55 1.48% Dec-15 339.9 1.61%
Jan-16 816.9 -5.27% Jan-16 1164.85 5.46% Jan-16 289.7 -14.77%
Feb-16 829.8 1.58% Feb-16 1083.75 -6.96% Feb-16 316.75 9.34%
Mar-16 869.5 4.78% Mar-16 1217.95 12.38% Mar-16 350.9 10.78%
Apr-16 866.65 -0.33% Apr-16 1210.85 -0.58% Apr-16 363.8 3.68%
May-16 849.9 -1.93% May-16 1249.85 3.22% May-16 351.65 -3.34%
Jun-16 898.6 5.73% Jun-16 1170.75 -6.33% Jun-16 366.15 4.12%
Jul-16 921.5 2.55% Jul-16 1073.95 -8.27% Jul-16 362.05 -1.12%
Aug-16 916.65 -0.53% Aug-16 1036.8 -3.46% Aug-16 331.85 -8.34%
Sep-16 867.8 -5.33% Sep-16 1038.1 0.13% Sep-16 314.05 -5.36%
Oct-16 840.25 -3.17% Oct-16 1002.5 -3.43% Oct-16 318.5 1.42%
Nov-16 844.3 0.48% Nov-16 975.45 -2.70% Nov-16 324.5 1.88%
Dec-16 826.3 -2.13% Dec-16 1010.7 3.61% Dec-16 305.35 -5.90%
Jan-17 855.15 3.49% Jan-17 929.3 -8.05% Jan-17 347.9 13.93%
Feb-17 864.9 1.14% Feb-17 1012.3 8.93% Feb-17 365.15 4.96%
Mar-17 909.75 5.19% Mar-17 1020.8 0.84% Mar-17 349.95 -4.16%
Apr-17 934.7 2.74% Apr-17 919.4 -9.93% Apr-17 354.6 1.33%
May-17 1066.8 14.13% May-17 976.95 6.26% May-17 371.8 4.85%
Jun-17 1081.6 1.39% Jun-17 935.65 -4.23% Jun-17 379.15 1.98%
Jul-17 1153.35 6.63% Jul-17 1011.3 8.09% Jul-17 417.8 10.19%
Aug-17 1217.35 5.55% Aug-17 915.3 -9.49% Aug-17 427.85 2.41%
Sep-17 1175.15 -3.47% Sep-17 898.75 -1.81% Sep-17 388.65 -9.16%
Oct-17 1236.85 5.25% Oct-17 921.65 2.55% Oct-17 497.65 28.05%
Nov-17 1273.75 2.98% Nov-17 974.95 5.78% Nov-17 496.85 -0.16%
Dec-17 1368.1 7.41% Dec-17 1039.3 6.60% Dec-17 529.4 6.55%
Jan-18 1369.65 0.11% Jan-18 1150.65 10.71% Jan-18 439.65 -16.95%
Feb-18 1316.35 -3.89% Feb-18 1174.25 2.05% Feb-18 427.35 -2.80%
Mar-18 1335.9 1.49% Mar-18 1134.4 -3.39% Mar-18 398.9 -6.66%
Apr-18 1509.05 12.96% Apr-18 1199.4 5.73% Apr-18 409.55 2.67%
May-18 1613.65 6.93% May-18 1231.9 2.71% May-18 373.8 -8.73%
Jun-18 1641.85 1.75% Jun-18 1306.75 6.08% Jun-18 381 1.93%
 Jul-18 1731.6 5.47% Jul-18 1365 4.46% Jul-18 390.7 2.55%
Aug-18 1780.6 2.83% Aug-18 1440 5.49% Aug-18 383.35 -1.88%
Sep-18 1607.65 -9.71% Sep-18 727.85 -49.45% Sep-18 338.25 -11.76%
Oct-18 1617.85 0.63% Oct-18 686.25 -5.72% Oct-18 292.15 -13.63%
Nov-18 1753.6 8.39% Nov-18 666.5 -2.88% Nov-18 313.55 7.33%
Dec-18 1818.05 3.68% Dec-18 659.85 -1.00% Dec-18 312.9 -0.21%
Jan-19 1762.25 -3.07% Jan-19 749.6 13.60% Jan-19 307.15 -1.84%
Feb-19 1731.35 -1.75% Feb-19 733.95 -2.09% Feb-19 317.95 3.52%
Mar-19 1707.8 -1.36% Mar-19 742.3 1.14% Mar-19 332.9 4.70%
Apr-19 1753.95 2.70% Apr-19 749.95 1.03% Apr-19 320.2 -3.81%
May-19 1785.15 1.78% May-19 736.85 -1.75% May-19 348.5 8.84%
Jun-19 1787.3 0.12% Jun-19 731.95 -0.66% Jun-19 346.7 -0.52%
Jul-19 1725.95 -3.43% Jul-19 794 8.48% Jul-19 337.8 -2.57%
Aug-19 1880.1 8.93% Aug-19 814.6 2.59% Aug-19 347.05 2.74%
Sep-19 1982.45 5.44% Sep-19 805.3 -1.14% Sep-19 367.25 5.82%
Oct-19 2176.75 9.80% Oct-19 685.5 -14.88% Oct-19 374.4 1.95%
Nov-19 2036.1 -6.46% Nov-19 695.95 1.52% Nov-19 442.3 18.14%
Dec-19 1923.25 -5.54% Dec-19 731.75 5.14% Dec-19 455.8 3.05%
Jan-20 2034.15 5.77% Jan-20 776.35 6.09% Jan-20 496.7 8.97%
Feb-20 2174.9 6.92% Feb-20 731.35 -5.80% Feb-20 524.05 5.51%
Mar-20 2298.15 5.67% Mar-20 640.3 -12.45% Mar-20 440.6 -15.92%
 Bajaj Finance Mean
Date Close Price HPR Monthly
Mar-15 402.717285 HUL 1.74%
Apr-15 394.183685 -2.12% Infosys -1.22%
May-15 414.760773 5.22% Bharti Airtel 0.52%
Jun-15 536.463196 29.34% Bajaj Finance 3.67%
Jul-15 540.400574 0.73%
Aug-15 495.63736 -8.28% CORRELATION
Sep-15 502.913025 1.47%
Oct-15 514.430664 2.29% HUL
Nov-15 543.276917 5.61% HUL 1
Dec-15 593.21991 9.19% Infosys 0.0476064
Jan-16 582.871277 -1.74% Bharti Airtel 0.339430096112626
Feb-16 584.760498 0.32% Bajaj Finance 0.301683623359915
Mar-16 683.58606 16.90%
Apr-16 675.897827 -1.12% COVARIANCE
May-16 749.411499 10.88%
Jun-16 790.352966 5.46% HUL
Jul-16 1024.624878 29.64% HUL 0.0292243750936565
Aug-16 1091.07959 6.49% Infosys 0.00313493404516548
Sep-16 1046.12915 -4.12% Bharti Airtel 0.0165569204567192
Oct-16 1062.317139 1.55% Bajaj Finance 0.0211917849046083
Nov-16 910.289001 -14.31%
Dec-16 830.933105 -8.72% COVARIANCE-VARIANCE MATRIX
Jan-17 1025.931396 23.47%
Feb-17 1096.326782 6.86% Weights
Mar-17 1162.464844 6.03%
Apr-17 1261.375 8.51% 57% HUL
May-17 1311.819946 4.00% 1% Infosys
Jun-17 1360.581909 3.72% 7% Bharti Airtel
Jul-17 1685.232544 23.86% 35% Bajaj Finance
Aug-17 1770.538208 5.06% 100%
Sep-17 1821.460938 2.88%
Oct-17 1786.420654 -1.92% Portfolio Variance
Nov-17 1716.637207 -3.91% Portfolio Standard Deviation
Dec-17 1743.88562 1.59% Portfolio Return
Jan-18 1665.168457 -4.51% Portfolio Sharpe
Feb-18 1630.028809 -2.11% Portfolio Jenson's Alpha
Mar-18 1756.740356 7.77% Portfolio Treynor's Ratio
Apr-18 1892.038452 7.70%
May-18 2092.603027 10.60%
Jun-18 2280.064697 8.96%
 Portfolio Risk
Jul-18 2678.712402 17.48%
Aug-18 2843.008545 6.13% Variance
Sep-18 2155.163818 -24.19% Variance - Annual
Oct-18 2361.293457 9.56% Std Dev - Annual
Nov-18 2514.125977 6.47%
Dec-18 2626.239258 4.46% CAPM Returns
Jan-19 2555.839111 -2.68% HUL 5.55%
Feb-19 2632.454102 3.00% Infosys 3.41%
Mar-19 3007.773193 14.26% Bharti Airtel 2.65%
Apr-19 3076.781494 2.29% Bajaj Finance -1.91%
May-19 3450.111572 12.13%
Jun-19 3661.511719 6.13%
Jul-19 3232.546875 -11.72% Company Beta
Aug-19 3318.602295 2.66% β-HUL 0.288681592253805
Sep-19 4034.348633 21.57% β-Infosys 0.716829325176592
Oct-19 4009.197266 -0.62% β-Bharti Airtel 0.86867898219015
Nov-19 4057.358887 1.20% β-Bajaj Finance 1.78090194079404
Dec-19 4218.577637 3.97% Weighted Beta
Jan-20 4348.219727 3.07%
Feb-20 4445.6875 2.24% JENSENS ALPHA
Mar-20 2207.404541 -50.35% Rp
HUL 20.93%
Infosys -14.63%
Bharti Airtel 6.21%
Bajaj Finance 44.06%

TREYNOR PORTFOLIO PERFORMANCE MEASURE

Ri
HUL 20.93%
Infosys -14.63%
Bharti Airtel 6.21%
Bajaj Finance 44.06%

Summary
Risk
Situation 1 19.49%
Situation 2 19.64%
Situation 3 20.02%
Situation 4 20.19%
Situation 5 20.63%
 Efficient Frontier 1
29.00%

28.00%

27.00%

26.00%

25.00%

24.00%

23.00%

22.00%
19.40% 19.60% 19.80% 20.00% 20.20% 20.40
 Mean Standard Deviation Return
Sharpe
Annually Monthly Annually Risk
20.93% 4.93% 17.1% 81.51% 122.43%
-14.63% 11.12% 38.5% -56.14% -37.98%
6.21% 8.24% 28.5% -2.75% 21.76%
44.06% 11.86% 41.1% 90.21% 107.23%

Infosys Bharti Airtel Bajaj Finance

0.0476064 0.3394301 0.3016836
1 0.1619542 0.0556233
0.1619542 1 0.3770367
0.0556233 0.3770367 1

Covariance = Correlatio

Infosys Bharti Airtel Bajaj Finance

0.00313493404516548 0.0165569204567192 0.0211917849046083
0.148381880321711 0.0178007847138734 0.0088042080804328
0.0178007847138734 0.081416644059138 0.0442062208461632
0.00880420808043281 0.0442062208461632 0.168844286852022

VARIANCE MATRIX

25% 25% 25% 25%

HUL Infosys Bharti Airtel Baja Finance
0.41% 0.04% 0.23% 0.30%
0.00% 0.04% 0.00% 0.00%
0.03% 0.03% 0.15% 0.08%
0.19% 0.08% 0.39% 1.47%
0.0753% 0.0137% 0.0697% 0.1727%

3.98%
19.94%
27.56%
90.18%
24.85%
23.98%

METHODS
 MMULT Contribution Method Markowitz Extended

0.43% 0.33% 6.40%

5.20% 3.98% 76.82%
22.80% 19.94% 87.65%

Weights
57%
1%
7%
35%
0.857417744883698

Rf βp Rm α
6.995% 0.288681592253805 1.99% 0.153786926
6.995% 0.716829325176592 1.99% -0.18038246
6.995% 0.86867898219015 1.99% 0.035609758
6.995% 1.78090194079404 1.99% 0.459765159

FORMANCE MEASURE

Rf βi T
6.995% 0.288681592253805 0.482692502671695
6.995% 0.716829325176592 -0.301668461645106
6.995% 0.86867898219015 -0.0090361168466676
6.995% 1.78090194079404 0.20813510142569

Summary
Return HUL Infosys Bharti Airtel Baja Finance
24.30% 52.00% 13.00% 1.00% 34.00%
25.20% 54.00% 10.00% 1.00% 35.00%
26.90% 70.00% 1.00% 1.00% 28.00%
27.37% 68.00% 1.00% 1.00% 30.00%
28.36% 62.00% 1.00% 2.00% 35.00%
 Efficient Frontier 1

40% 19.60% 19.80% 20.00% 20.20% 20.40% 20.60% 20.80%

 Sharpe = (Rportfolio - Rf Rate) / Sdportfolio

Rf 6.995%

Covariance = Correlation*SD-1*SD-2
 α = Rp - [Rf + βp (Rm-Rf)]

T = (Ri - Rf)/ βi
REVIEW 1
HUL Asian Paints Bharti Airtel
Date Close Price HPR Date Close Price HPR Date Close Price
Sep-15 813.3 Sep-15 841.1 Sep-15 338
Oct-15 801.85 -1.41% Oct-15 828.7 -1.47% Oct-15 348.75
Nov-15 809.45 0.95% Nov-15 840.45 1.42% Nov-15 334.5
Dec-15 862.35 6.54% Dec-15 883.85 5.16% Dec-15 339.9
Jan-16 816.9 -5.27% Jan-16 868.85 -1.70% Jan-16 289.7
Feb-16 829.8 1.58% Feb-16 848.55 -2.34% Feb-16 316.75
Mar-16 869.5 4.78% Mar-16 868.7 2.37% Mar-16 350.9
Apr-16 866.65 -0.33% Apr-16 868.1 -0.07% Apr-16 363.8
May-16 849.9 -1.93% May-16 984.1 13.36% May-16 351.65
Jun-16 898.6 5.73% Jun-16 1003.65 1.99% Jun-16 366.15
Jul-16 921.5 2.55% Jul-16 1114.7 11.06% Jul-16 362.05
Aug-16 916.65 -0.53% Aug-16 1159.25 4.00% Aug-16 331.85
Sep-16 867.8 -5.33% Sep-16 1162.1 0.25% Sep-16 314.05
Oct-16 840.25 -3.17% Oct-16 1075.35 -7.46% Oct-16 318.5
Nov-16 844.3 0.48% Nov-16 969.85 -9.81% Nov-16 324.5
Dec-16 826.3 -2.13% Dec-16 891.35 -8.09% Dec-16 305.35
Jan-17 855.15 3.49% Jan-17 970.8 8.91% Jan-17 347.9
Feb-17 864.9 1.14% Feb-17 1024.45 5.53% Feb-17 365.15
Mar-17 909.75 5.19% Mar-17 1071.2 4.56% Mar-17 349.95
Apr-17 934.7 2.74% Apr-17 1119.6 4.52% Apr-17 354.6
May-17 1066.8 14.13% May-17 1152.6 2.95% May-17 371.8
Jun-17 1081.6 1.39% Jun-17 1104.15 -4.20% Jun-17 379.15
Jul-17 1153.35 6.63% Jul-17 1159.45 5.01% Jul-17 417.8
Aug-17 1217.35 5.55% Aug-17 1168.15 0.75% Aug-17 427.85
Sep-17 1175.15 -3.47% Sep-17 1117.05 -4.37% Sep-17 388.65
Oct-17 1236.85 5.25% Oct-17 1180.7 5.70% Oct-17 497.65
Nov-17 1273.75 2.98% Nov-17 1147.75 -2.79% Nov-17 496.85
Dec-17 1368.1 7.41% Dec-17 1157.9 0.88% Dec-17 529.4
Jan-18 1369.65 0.11% Jan-18 1131.05 -2.32% Jan-18 439.65
Feb-18 1316.35 -3.89% Feb-18 1118.85 -1.08% Feb-18 427.35
Mar-18 1335.9 1.49% Mar-18 1120.7 0.17% Mar-18 398.9
Apr-18 1509.05 12.96% Apr-18 1200.15 7.09% Apr-18 409.55
May-18 1613.65 6.93% May-18 1305.6 8.79% May-18 373.8
Jun-18 1641.85 1.75% Jun-18 1264.1 -3.18% Jun-18 381
Jul-18 1731.6 5.47% Jul-18 1448.3 14.57% Jul-18 390.7
Aug-18 1780.6 2.83% Aug-18 1371.1 -5.33% Aug-18 383.35
Sep-18 1607.65 -9.71% Sep-18 1294.05 -5.62% Sep-18 338.25
Oct-18 1617.85 0.63% Oct-18 1227.25 -5.16% Oct-18 292.15
Nov-18 1753.6 8.39% Nov-18 1344.9 9.59% Nov-18 313.55
Dec-18 1818.05 3.68% Dec-18 1373.7 2.14% Dec-18 312.9

Jan-19 1762.25 -3.07% Jan-19 1412.65 2.84% Jan-19 307.15

Feb-19 1731.35 -1.75% Feb-19 1405.05 -0.54% Feb-19 317.95

Mar-19 1707.8 -1.36% Mar-19 1491.9 6.18% Mar-19 332.9

Apr-19 1753.95 2.70% Apr-19 1463 -1.94% Apr-19 320.2

May-19 1785.15 1.78% May-19 1406.7 -3.85% May-19 348.5
Jun-19 1787.3 0.12% Jun-19 1357.65 -3.49% Jun-19 346.7
Jul-19 1725.95 -3.43% Jul-19 1521.25 12.05% Jul-19 337.8
Aug-19 1880.1 8.93% Aug-19 1615.2 6.18% Aug-19 347.05
Sep-19 1982.45 5.44% Sep-19 1763.7 9.19% Sep-19 367.25
Oct-19 2176.75 9.80% Oct-19 1810.75 2.67% Oct-19 374.4
Nov-19 2036.1 -6.46% Nov-19 1704 -5.90% Nov-19 442.3
Dec-19 1923.25 -5.54% Dec-19 1786.85 4.86% Dec-19 455.8
Jan-20 2034.15 5.77% Jan-20 1795.25 0.47% Jan-20 496.7
Feb-20 2174.9 6.92% Feb-20 1798.2 0.16% Feb-20 524.05
Mar-20 2298.15 5.67% Mar-20 1666.7 -7.31% Mar-20 440.6
Apr-20 2195.70 -0.044579 Apr-20 1760.05 5.60% Apr-20 514.35
May-20 2056.90 -0.063214 May-20 1684.4 -4.30% May-20 552.4
Jun-20 2180.75 0.060212 Jun-20 1687.35 0.18% Jun-20 559.65
Jul-20 2212.90 0.014743 Jul-20 1716.65 1.74% Jul-20 554.85
Aug-20 2116.55 -0.04354 Aug-20 1903.4 10.88% Aug-20 513.95
Sep-20 2068.35 -0.022773 Sep-20 1987.55 4.42% Sep-20 420.9
harti Airtel Bajaj Finance Mean
HPR Date Close Price HPR Monthly
Sep-15 502.913025 HUL 1.69%
3.18% Oct-15 514.430664 2.29% Asian Paints 1.60%
-4.09% Nov-15 543.276917 5.61% Bharti Airtel 0.72%
1.61% Dec-15 593.21991 9.19% Bajaj Finance 4.07%
-14.77% Jan-16 582.871277 -1.74%
9.34% Feb-16 584.760498 0.32% CORRELATION
10.78% Mar-16 683.58606 16.90%
3.68% Apr-16 675.897827 -1.12% HUL
-3.34% May-16 749.411499 10.88% HUL 1
4.12% Jun-16 790.352966 5.46% Asian Paints 0.2830011
-1.12% Jul-16 1024.624878 29.64% Bharti Airtel 0.2463629
-8.34% Aug-16 1091.07959 6.49% Bajaj Finance 0.2971754
-5.36% Sep-16 1046.12915 -4.12%
1.42% Oct-16 1062.317139 1.55% COVARIANCE
1.88% Nov-16 910.289001 -14.31%
-5.90% Dec-16 830.933105 -8.72% HUL
13.93% Jan-17 1025.931396 23.47% HUL 0.0294055791
4.96% Feb-17 1096.326782 6.86% Asian Paints 0.0095104836
-4.16% Mar-17 1162.464844 6.03% Bharti Airtel 0.0125064648
1.33% Apr-17 1261.375 8.51% Bajaj Finance 0.022694376
4.85% May-17 1311.819946 4.00%
1.98% Jun-17 1360.581909 3.72% COVARIANCE-VARIANCE MATRIX
10.19% Jul-17 1685.232544 23.86%
2.41% Aug-17 1770.538208 5.06% Weights
-9.16% Sep-17 1821.460938 2.88%
28.05% Oct-17 1786.420654 -1.92% 25% HUL
-0.16% Nov-17 1716.637207 -3.91% 25% Asian Paints
6.55% Dec-17 1743.88562 1.59% 25% Bharti Airtel
-16.95% Jan-18 1665.168457 -4.51% 25% Bajaj Finance
-2.80% Feb-18 1630.028809 -2.11% 100%
-6.66% Mar-18 1756.740356 7.77%
2.67% Apr-18 1892.038452 7.70% Portfolio Variance
-8.73% May-18 2092.603027 10.60% Portfolio Standard Deviation
1.93% Jun-18 2280.064697 8.96% Portfolio Return
2.55% Jul-18 2678.712402 17.48% Portfolio Sharpe
-1.88% Aug-18 2843.008545 6.13% Portfolio Jenson's Alpha
-11.76% Sep-18 2155.163818 -24.19% Portfolio Treynor's Ratio
-13.63% Oct-18 2361.293457 9.56%
7.33% Nov-18 2514.125977 6.47%
-0.21% Dec-18 2626.239258 4.46%
Portfolio Risk
-1.84% Jan-19 2555.839111 -2.68%
 3.52% Feb-19 2632.454102 3.00% Variance
Variance -
4.70% Mar-19 3007.773193 14.26% Annual
Std Dev -
-3.81% Apr-19 3076.781494 2.29% Annual
8.84% May-19 3450.111572 12.13%
-0.52% Jun-19 3661.511719 6.13% Company Beta
-2.57% Jul-19 3232.546875 -11.72% β-HUL 0.1801664309
2.74% Aug-19 3318.602295 2.66% β-Asian Paints 0.5139195342
5.82% Sep-19 4034.348633 21.57% β-Bharti Airtel 0.7805054894
1.95% Oct-19 4009.197266 -0.62% β-Bajaj Finance 1.7542145071
18.14% Nov-19 4057.358887 1.20% Weighted Beta
3.05% Dec-19 4218.577637 3.97%
8.97% Jan-20 4348.219727 3.07%
5.51% Feb-20 4445.6875 2.24% JENSENS ALPHA
-15.92% Mar-20 2207.404541 -50.35% Rp
16.74% Apr-20 2313.312256 4.80% HUL 20.23%
7.40% May-20 1949.549805 -15.72% Asian Paints 19.17%
1.31% Jun-20 2824.336426 44.87% Bharti Airtel 8.68%
-0.86% Jul-20 3246.354736 14.94% Bajaj Finance 48.81%
-7.37% Aug-20 3483.820801 7.31%
-18.10% Sep-20 3271.963135 -6.08%
TREYNOR PORTFOLIO PERFORMANCE MEASURE

Ri
HUL 20.23%
Asian Paints 19.17%
Bharti Airtel 8.68%
Bajaj Finance 48.81%
 Mean Standard Deviation Return
Sharpe
Annually Monthly Annually Risk
20.23% 4.95% 17.15% 77.20% 118.00%
19.17% 5.66% 19.60% 62.13% 97.83%
8.68% 8.55% 29.60% 5.68% 29.31%
48.81% 12.86% 44.53% 93.90% 109.61%

Asian Paints Bharti Airtel Bajaj Finance

0.2830011 0.2463629 0.2971754
1 0.1747446 0.4636113
0.1747446 1 0.3129339
0.4636113 0.3129339 1

Covariance = Correlation*SD-1*SD-2

Asian Paints Bharti Airtel Bajaj Finance

0.00951048363252219 0.0125064648 0.022694376
0.0384060120386796 0.0101378906 0.0404617002
0.0101378906196202 0.0876372311 0.0412560247
0.0404617001519559 0.0412560247 0.1983266137

NCE-VARIANCE MATRIX

25% 25% 25% 25%

HUL Asian Paints Bharti Airtel Bajaj Finance
0.18% 0.06% 0.08% 0.14%
0.06% 0.24% 0.06% 0.25%
0.08% 0.06% 0.55% 0.26%
0.14% 0.25% 0.26% 1.24%
0.03% 0.04% 0.06% 0.12%

2.94%
17.14%
24.22%
100.50%
16.12%
21.34%

METHODS
Contribution Markowitz
MMULT
Method Extended
 0.24% 0.24% 4.95%

2.94% 2.94% 59.38%

17.14% 17.14% 77.06%

Weights
25%
25%
25%
25%
0.81

α = Rp - [Rf + βp (Rm-Rf)]
Rf βp Rm α
6.995% 0.1801664309 8.36% 0.1299220769
6.995% 0.5139195342 8.36% 0.1147234183
6.995% 0.7805054894 8.36% 0.0061284084
6.995% 1.7542145071 8.36% 0.3941562579

O PERFORMANCE MEASURE

Rf βi T
6.995% 0.1801664309 0.7348194332
6.995% 0.5139195342 0.2369291369
6.995% 0.7805054894 0.0215487237
6.995% 1.7542145071 0.2383879046
 Sharpe = (Rportfolio - Rf Rate) / Sdportfolio

Rf 6.995%

Covariance = Correlation*SD-1*SD-2
α = Rp - [Rf + βp (Rm-Rf)]

T = (Ri - Rf)/ βi
REVIEW 1
HUL Asian Paints Bharti Airtel
Date Close Price HPR Date Close Price HPR Date Close Price
Sep-15 813.3 Sep-15 841.1 Sep-15 338
Oct-15 801.85 -1.41% Oct-15 828.7 -1.47% Oct-15 348.75
Nov-15 809.45 0.95% Nov-15 840.45 1.42% Nov-15 334.5
Dec-15 862.35 6.54% Dec-15 883.85 5.16% Dec-15 339.9
Jan-16 816.9 -5.27% Jan-16 868.85 -1.70% Jan-16 289.7
Feb-16 829.8 1.58% Feb-16 848.55 -2.34% Feb-16 316.75
Mar-16 869.5 4.78% Mar-16 868.7 2.37% Mar-16 350.9
Apr-16 866.65 -0.33% Apr-16 868.1 -0.07% Apr-16 363.8
May-16 849.9 -1.93% May-16 984.1 13.36% May-16 351.65
Jun-16 898.6 5.73% Jun-16 1003.65 1.99% Jun-16 366.15
Jul-16 921.5 2.55% Jul-16 1114.7 11.06% Jul-16 362.05
Aug-16 916.65 -0.53% Aug-16 1159.25 4.00% Aug-16 331.85
Sep-16 867.8 -5.33% Sep-16 1162.1 0.25% Sep-16 314.05
Oct-16 840.25 -3.17% Oct-16 1075.35 -7.46% Oct-16 318.5
Nov-16 844.3 0.48% Nov-16 969.85 -9.81% Nov-16 324.5
Dec-16 826.3 -2.13% Dec-16 891.35 -8.09% Dec-16 305.35
Jan-17 855.15 3.49% Jan-17 970.8 8.91% Jan-17 347.9
Feb-17 864.9 1.14% Feb-17 1024.45 5.53% Feb-17 365.15
Mar-17 909.75 5.19% Mar-17 1071.2 4.56% Mar-17 349.95
Apr-17 934.7 2.74% Apr-17 1119.6 4.52% Apr-17 354.6
May-17 1066.8 14.13% May-17 1152.6 2.95% May-17 371.8
Jun-17 1081.6 1.39% Jun-17 1104.15 -4.20% Jun-17 379.15
Jul-17 1153.35 6.63% Jul-17 1159.45 5.01% Jul-17 417.8
Aug-17 1217.35 5.55% Aug-17 1168.15 0.75% Aug-17 427.85
Sep-17 1175.15 -3.47% Sep-17 1117.05 -4.37% Sep-17 388.65
Oct-17 1236.85 5.25% Oct-17 1180.7 5.70% Oct-17 497.65
Nov-17 1273.75 2.98% Nov-17 1147.75 -2.79% Nov-17 496.85
Dec-17 1368.1 7.41% Dec-17 1157.9 0.88% Dec-17 529.4
Jan-18 1369.65 0.11% Jan-18 1131.05 -2.32% Jan-18 439.65
Feb-18 1316.35 -3.89% Feb-18 1118.85 -1.08% Feb-18 427.35
Mar-18 1335.9 1.49% Mar-18 1120.7 0.17% Mar-18 398.9
Apr-18 1509.05 12.96% Apr-18 1200.15 7.09% Apr-18 409.55
May-18 1613.65 6.93% May-18 1305.6 8.79% May-18 373.8
Jun-18 1641.85 1.75% Jun-18 1264.1 -3.18% Jun-18 381
Jul-18 1731.6 5.47% Jul-18 1448.3 14.57% Jul-18 390.7
Aug-18 1780.6 2.83% Aug-18 1371.1 -5.33% Aug-18 383.35
Sep-18 1607.65 -9.71% Sep-18 1294.05 -5.62% Sep-18 338.25
Oct-18 1617.85 0.63% Oct-18 1227.25 -5.16% Oct-18 292.15
Nov-18 1753.6 8.39% Nov-18 1344.9 9.59% Nov-18 313.55
Dec-18 1818.05 3.68% Dec-18 1373.7 2.14% Dec-18 312.9

Jan-19 1762.25 -3.07% Jan-19 1412.65 2.84% Jan-19 307.15

Feb-19 1731.35 -1.75% Feb-19 1405.05 -0.54% Feb-19 317.95

Mar-19 1707.8 -1.36% Mar-19 1491.9 6.18% Mar-19 332.9

Apr-19 1753.95 2.70% Apr-19 1463 -1.94% Apr-19 320.2

May-19 1785.15 1.78% May-19 1406.7 -3.85% May-19 348.5
Jun-19 1787.3 0.12% Jun-19 1357.65 -3.49% Jun-19 346.7
Jul-19 1725.95 -3.43% Jul-19 1521.25 12.05% Jul-19 337.8
Aug-19 1880.1 8.93% Aug-19 1615.2 6.18% Aug-19 347.05
Sep-19 1982.45 5.44% Sep-19 1763.7 9.19% Sep-19 367.25
Oct-19 2176.75 9.80% Oct-19 1810.75 2.67% Oct-19 374.4
Nov-19 2036.1 -6.46% Nov-19 1704 -5.90% Nov-19 442.3
Dec-19 1923.25 -5.54% Dec-19 1786.85 4.86% Dec-19 455.8
Jan-20 2034.15 5.77% Jan-20 1795.25 0.47% Jan-20 496.7
Feb-20 2174.9 6.92% Feb-20 1798.2 0.16% Feb-20 524.05
Mar-20 2298.15 5.67% Mar-20 1666.7 -7.31% Mar-20 440.6
Apr-20 2195.70 -0.044579 Apr-20 1760.05 5.60% Apr-20 514.35
May-20 2056.90 -0.063214 May-20 1684.4 -4.30% May-20 552.4
Jun-20 2180.75 0.060212 Jun-20 1687.35 0.18% Jun-20 559.65
Jul-20 2212.90 0.014743 Jul-20 1716.65 1.74% Jul-20 554.85
Aug-20 2116.55 -0.04354 Aug-20 1903.4 10.88% Aug-20 513.95
Sep-20 2068.35 -0.022773 Sep-20 1987.55 4.42% Sep-20 420.9
harti Airtel Bajaj Finance Mean
HPR Date Close Price HPR Monthly
Sep-15 502.913025 HUL 1.69%
3.18% Oct-15 514.430664 2.29% Asian Paints 1.60%
-4.09% Nov-15 543.276917 5.61% Bharti Airtel 0.72%
1.61% Dec-15 593.21991 9.19% Bajaj Finance 4.07%
-14.77% Jan-16 582.871277 -1.74%
9.34% Feb-16 584.760498 0.32% CORRELATION
10.78% Mar-16 683.58606 16.90%
3.68% Apr-16 675.897827 -1.12% HUL
-3.34% May-16 749.411499 10.88% HUL 1
4.12% Jun-16 790.352966 5.46% Asian Paints 0.2830011
-1.12% Jul-16 1024.624878 29.64% Bharti Airtel 0.2463629
-8.34% Aug-16 1091.07959 6.49% Bajaj Finance 0.2971754
-5.36% Sep-16 1046.12915 -4.12%
1.42% Oct-16 1062.317139 1.55% COVARIANCE
1.88% Nov-16 910.289001 -14.31%
-5.90% Dec-16 830.933105 -8.72% HUL
13.93% Jan-17 1025.931396 23.47% HUL 0.0294055791
4.96% Feb-17 1096.326782 6.86% Asian Paints 0.0095104836
-4.16% Mar-17 1162.464844 6.03% Bharti Airtel 0.0125064648
1.33% Apr-17 1261.375 8.51% Bajaj Finance 0.022694376
4.85% May-17 1311.819946 4.00%
1.98% Jun-17 1360.581909 3.72% COVARIANCE-VARIANCE MATRIX
10.19% Jul-17 1685.232544 23.86%
2.41% Aug-17 1770.538208 5.06% Weights
-9.16% Sep-17 1821.460938 2.88%
28.05% Oct-17 1786.420654 -1.92% 55% HUL
-0.16% Nov-17 1716.637207 -3.91% 20% Asian Paints
6.55% Dec-17 1743.88562 1.59% 1% Bharti Airtel
-16.95% Jan-18 1665.168457 -4.51% 24% Bajaj Finance
-2.80% Feb-18 1630.028809 -2.11% 100%
-6.66% Mar-18 1756.740356 7.77%
2.67% Apr-18 1892.038452 7.70% Portfolio Variance
-8.73% May-18 2092.603027 10.60% Portfolio Standard Deviation
1.93% Jun-18 2280.064697 8.96% Portfolio Return
2.55% Jul-18 2678.712402 17.48% Portfolio Sharpe
-1.88% Aug-18 2843.008545 6.13% Portfolio Jenson's Alpha
-11.76% Sep-18 2155.163818 -24.19% Portfolio Treynor's Ratio
-13.63% Oct-18 2361.293457 9.56%
7.33% Nov-18 2514.125977 6.47%
-0.21% Dec-18 2626.239258 4.46%
Portfolio Risk
-1.84% Jan-19 2555.839111 -2.68%
 3.52% Feb-19 2632.454102 3.00% Variance
Variance -
4.70% Mar-19 3007.773193 14.26% Annual
Std Dev -
-3.81% Apr-19 3076.781494 2.29% Annual
8.84% May-19 3450.111572 12.13%
-0.52% Jun-19 3661.511719 6.13% Company Beta
-2.57% Jul-19 3232.546875 -11.72% β-HUL 0.1801664309
2.74% Aug-19 3318.602295 2.66% β-Asian Paints 0.5139195342
5.82% Sep-19 4034.348633 21.57% β-Bharti Airtel 0.7805054894
1.95% Oct-19 4009.197266 -0.62% β-Bajaj Finance 1.7542145071
18.14% Nov-19 4057.358887 1.20% Weighted Beta
3.05% Dec-19 4218.577637 3.97%
8.97% Jan-20 4348.219727 3.07%
5.51% Feb-20 4445.6875 2.24% JENSENS ALPHA
-15.92% Mar-20 2207.404541 -50.35% Rp
16.74% Apr-20 2313.312256 4.80% HUL 20.23%
7.40% May-20 1949.549805 -15.72% Asian Paints 19.17%
1.31% Jun-20 2824.336426 44.87% Bharti Airtel 8.68%
-0.86% Jul-20 3246.354736 14.94% Bajaj Finance 48.81%
-7.37% Aug-20 3483.820801 7.31%
-18.10% Sep-20 3271.963135 -6.08%
TREYNOR PORTFOLIO PERFORMANCE MEASURE

Ri
HUL 20.23%
Asian Paints 19.17%
Bharti Airtel 8.68%
Bajaj Finance 48.81%

Summary
Risk
Situation 1 16.61%
Situation 2 16.69%
Situation 3 17.18%
Situation 4 17.63%
Situation 5 18.05%

Efficient Fr
26.80%
26.60%
26.40%
26.20%
26.00%
25.80%
 Efficient Fr
26.80%
26.60%
26.40%
26.20%
26.00%
25.80%
25.60%
25.40%
25.20%
25.00%
24.80%
16.40% 16.60% 16.80% 17.00% 17.20%
 Mean Standard Deviation Return
Sharpe
Annually Monthly Annually Risk
20.23% 4.95% 17.1% 77.20% 118.00%
19.17% 5.66% 19.6% 62.13% 97.83%
8.68% 8.55% 29.6% 5.68% 29.31%
48.81% 12.86% 44.5% 93.90% 109.61%

Asian Paints Bharti Airtel Bajaj Finance

0.2830011 0.2463629 0.2971754
1 0.1747446 0.4636113
0.1747446 1 0.3129339
0.4636113 0.3129339 1

Covariance = Correlation*SD-1*SD-2

Asian Paints Bharti Airtel Bajaj Finance

0.00951048363252219 0.0125064648 0.022694376
0.0384060120386796 0.0101378906 0.0404617002
0.0101378906196202 0.0876372311 0.0412560247
0.0404617001519559 0.0412560247 0.1983266137

NCE-VARIANCE MATRIX

25% 25% 25% 25%

HUL Asian Paints Bharti Airtel Bajaj Finance
0.40% 0.13% 0.17% 0.31%
0.05% 0.20% 0.05% 0.21%
0.00% 0.00% 0.02% 0.01%
0.13% 0.24% 0.24% 1.17%
0.07% 0.04% 0.04% 0.12%

3.26%
18.05%
26.66%
104.14%
18.81%
31.40%

METHODS
Contribution Markowitz
MMULT
Method Extended
 0.30% 0.27% 5.16%

3.57% 3.26% 61.88%

18.88% 18.05% 78.67%

Weights
55%
20%
1%
24%
0.63

α = Rp - [Rf + βp (Rm-Rf)]
Rf βp Rm α
6.995% 0.1801664309 8.36% 0.1299220769
6.995% 0.5139195342 8.36% 0.1147234183
6.995% 0.7805054894 8.36% 0.0061284084
6.995% 1.7542145071 8.36% 0.3941562579

O PERFORMANCE MEASURE

Rf βi T
6.995% 0.1801664309 0.7348194332
6.995% 0.5139195342 0.2369291369
6.995% 0.7805054894 0.0215487237
6.995% 1.7542145071 0.2383879046

Summary
Return HUL Asian Paints Bharti Airtel Baja Finance
25.44% 38.00% 29.00% 10.00% 23.00% 100.00%
25.58% 41.00% 29.00% 8.00% 22.00% 100.00%
26.08% 45.00% 30.00% 2.00% 23.00% 100.00%
26.52% 50.00% 24.00% 2.00% 24.00% 100.00%
26.66% 55.00% 20.00% 1.00% 24.00% 100.00%

Efficient Frontier 2
 Efficient Frontier 2

0% 16.60% 16.80% 17.00% 17.20% 17.40% 17.60% 17.80% 18.00% 18.20%

 Sharpe = (Rportfolio - Rf Rate) / Sdportfolio

Rf 6.995%

Covariance = Correlation*SD-1*SD-2
α = Rp - [Rf + βp (Rm-Rf)]

T = (Ri - Rf)/ βi
REVIEW 2
JUL Asian Paints Tata Steel
Date Close Price HPR Date Close Price HPR Date Close Price
Mar-16 1217.95 Mar-16 868.7 Mar-16 319.5
Apr-16 1210.85 -0.58% Apr-16 868.1 -0.000691 Apr-16 350.55
May-16 1249.85 3.22% May-16 984.1 0.133625 May-16 334.45
Jun-16 1170.75 -6.33% Jun-16 1003.65 0.019866 Jun-16 321.9
Jul-16 1073.95 -8.27% Jul-16 1114.7 0.110646 Jul-16 354.75
Aug-16 1036.8 -3.46% Aug-16 1159.25 0.039966 Aug-16 370.45
Sep-16 1038.1 0.13% Sep-16 1162.1 0.002458 Sep-16 374.4
Oct-16 1002.5 -3.43% Oct-16 1075.35 -0.074649 Oct-16 404.65
Nov-16 975.45 -2.70% Nov-16 969.85 -0.098108 Nov-16 414.95
Dec-16 1010.7 3.61% Dec-16 891.35 -0.08094 Dec-16 391.1
Jan-17 929.3 -8.05% Jan-17 970.8 0.089134 Jan-17 462.4
Feb-17 1012.3 8.93% Feb-17 1024.45 0.055264 Feb-17 482.65
Mar-17 1020.8 0.84% Mar-17 1071.2 0.045634 Mar-17 482.65
Apr-17 919.4 -9.93% Apr-17 1119.6 0.045183 Apr-17 448.85
May-17 976.95 6.26% May-17 1152.6 0.029475 May-17 504.9
Jun-17 935.65 -4.23% Jun-17 1104.15 -0.042035 Jun-17 544.35
Jul-17 1011.3 8.09% Jul-17 1159.45 0.050084 Jul-17 567.55
Aug-17 915.3 -9.49% Aug-17 1168.15 0.007504 Aug-17 638
Sep-17 898.75 -1.81% Sep-17 1117.05 -0.043744 Sep-17 651.05
Oct-17 921.65 2.55% Oct-17 1180.7 0.05698 Oct-17 703.65
Nov-17 974.95 5.78% Nov-17 1147.75 -0.027907 Nov-17 695.15
Dec-17 1039.3 6.60% Dec-17 1157.9 0.008843 Dec-17 732.45
Jan-18 1150.65 10.71% Jan-18 1131.05 -0.023189 Jan-18 705.05
Feb-18 1174.25 2.05% Feb-18 1118.85 -0.010786 Feb-18 671.7
Mar-18 1134.4 -3.39% Mar-18 1120.7 0.001653 Mar-18 570.9
Apr-18 1199.4 5.73% Apr-18 1200.15 0.070893 Apr-18 594.7
May-18 1231.9 2.71% May-18 1305.6 0.087864 May-18 575.45
Jun-18 1306.75 6.08% Jun-18 1264.1 -0.031786 Jun-18 567.85
Jul-18 1365 4.46% Jul-18 1448.3 0.145716 Jul-18 562.85
Aug-18 1440 5.49% Aug-18 1371.1 -0.053304 Aug-18 601.65
Sep-18 727.85 -49.45% Sep-18 1294.05 -0.056196 Sep-18 580.35
Oct-18 686.25 -5.72% Oct-18 1227.25 -0.051621 Oct-18 552.4
Nov-18 666.5 -2.88% Nov-18 1344.9 0.095865 Nov-18 530.25
Dec-18 659.85 -1.00% Dec-18 1373.7 0.021414 Dec-18 521.85
Jan-19 749.6 13.60% Jan-19 1412.65 0.028354 Jan-19 475.95
Feb-19 733.95 -2.09% Feb-19 1405.05 -0.00538 Feb-19 501.3
Mar-19 742.3 1.14% Mar-19 1491.9 0.061813 Mar-19 520.85
Apr-19 749.95 1.03% Apr-19 1463 -0.019371 Apr-19 556.45
May-19 736.85 -1.75% May-19 1406.7 -0.038483 May-19 487.9
Jun-19 731.95 -0.66% Jun-19 1357.65 -0.034869 Jun-19 504.4
Jul-19 794 8.48% Jul-19 1521.25 0.120502 Jul-19 431.9
Aug-19 814.6 2.59% Aug-19 1615.2 0.061758 Aug-19 344.95
Sep-19 805.3 -1.14% Sep-19 1763.7 0.091939 Sep-19 359.8

Oct-19 685.5 -14.88% Oct-19 1810.75 0.026677 Oct-19 380.5

Nov-19 695.95 1.52% Nov-19 1704 -0.058953 Nov-19 427.4

Dec-19 731.75 5.14% Dec-19 1786.85 0.048621 Dec-19 472
Jan-20 776.35 6.09% Jan-20 1795.25 0.004701 Jan-20 438.75
Feb-20 731.35 -5.80% Feb-20 1798.2 0.001643 Feb-20 381.55
Mar-20 640.3 -12.45% Mar-20 1666.7 -0.073129 Mar-20 269.75
Apr-20 716.2 11.85% Apr-20 1760.05 0.056009 Apr-20 298.45
May-20 691.35 -3.47% May-20 1684.4 -0.042982 May-20 295.2
Jun-20 735.9 6.44% Jun-20 1687.35 0.001751 Jun-20 326.65
Jul-20 966.25 31.30% Jul-20 1716.65 0.017365 Jul-20 366.4
Aug-20 928.5 -3.91% Aug-20 1903.4 0.108787 Aug-20 413.2
Sep-20 1008 8.56% Sep-20 1987.55 0.04421 Sep-20 359.75
Oct-20 1060.6 5.22% Oct-20 2213.05 0.113456 Oct-20 410.35
Nov-20 1100.55 3.77% Nov-20 2217.35 0.001943 Nov-20 577.85
Dec-20 1255.85 14.11% Dec-20 2764.45 0.246736 Dec-20 643.55
Jan-21 1239.65 -1.29% Jan-21 2407.35 -0.129176 Jan-21 601.15
Feb-21 1252.35 1.02% Feb-21 2277.45 -0.05396 Feb-21 714.8
Mar-21 1367.75 9.21% Mar-21 2536.75 0.113855 Mar-21 811.95
Tata Steel Bajaj Finance Mean
HPR Date Close Price HPR Monthly
Mar-16 683.58606 HUL 0.77%
0.097183 Apr-16 675.897827 -0.011247 Asian Paints 2.03%
-0.045928 May-16 749.411499 0.108764 Tata Steel 2.14%
-0.037524 Jun-16 790.352966 0.054631 Bajaj Finance 4.45%
0.10205 Jul-16 1024.624878 0.296414
0.044257 Aug-16 1091.07959 0.064858 CORRELATION
0.010663 Sep-16 1046.12915 -0.041198
0.080796 Oct-16 1062.317139 0.015474 HUL
0.025454 Nov-16 910.289001 -0.14311 HUL 1
-0.057477 Dec-16 830.933105 -0.087177 Asian Paints 0.2709644
0.182306 Jan-17 1025.931396 0.234674 Tata Steel 0.1641441
0.043793 Feb-17 1096.326782 0.068616 Bajaj Finance 0.2826541
0 Mar-17 1162.464844 0.060327
-0.07003 Apr-17 1261.375 0.085087 COVARIANCE
0.124875 May-17 1311.819946 0.039992
0.078134 Jun-17 1360.581909 0.037171 HUL
0.04262 Jul-17 1685.232544 0.238612 HUL 0.1171104027
0.12413 Aug-17 1770.538208 0.05062 Asian Paints 0.0221796819
0.020455 Sep-17 1821.460938 0.028761 Tata Steel 0.0211730741
0.080793 Oct-17 1786.420654 -0.019237 Bajaj Finance 0.0473170643
-0.01208 Nov-17 1716.637207 -0.039063
0.053657 Dec-17 1743.88562 0.015873 COVARIANCE-VARIANCE MATRIX
-0.037409 Jan-18 1665.168457 -0.045139
-0.047302 Feb-18 1630.028809 -0.021103 Weights
-0.150067 Mar-18 1756.740356 0.077736
0.041689 Apr-18 1892.038452 0.077017 25% HUL
-0.032369 May-18 2092.603027 0.106004 25% Asian Paints
-0.013207 Jun-18 2280.064697 0.089583 25% Tata Steel
-0.008805 Jul-18 2678.712402 0.174841 25% Bajaj Finance
0.068935 Aug-18 2843.008545 0.061334 100%
-0.035403 Sep-18 2155.163818 -0.241943
-0.048161 Oct-18 2361.293457 0.095645 Portfolio Variance
-0.040098 Nov-18 2514.125977 0.064724 Portfolio Standard Deviation
-0.015842 Dec-18 2626.239258 0.044593 Portfolio Return
-0.087956 Jan-19 2555.839111 -0.026806 Portfolio Sharpe
0.053262 Feb-19 2632.454102 0.029976 Portfolio Jenson's Alpha
0.038999 Mar-19 3007.773193 0.142574 Portfolio Treynor's Ratio
0.06835 Apr-19 3076.781494 0.022943
-0.123192 May-19 3450.111572 0.121338
0.033818 Jun-19 3661.511719 0.061273
-0.143735 Jul-19 3232.546875 -0.117155
 Portfolio Risk
-0.20132 Aug-19 3318.602295 0.026622
0.04305 Sep-19 4034.348633 0.215677 Variance
Variance -
0.057532 Oct-19 4009.197266 -0.006234 Annual
Std Dev -
0.123259 Nov-19 4057.358887 0.012013 Annual
0.104352 Dec-19 4218.577637 0.039735
-0.070445 Jan-20 4348.219727 0.030731 β-HUL 0.7956161652
-0.13037 Feb-20 4445.6875 0.022416 β-Asian Paints 0.5814864144
-0.293015 Mar-20 2207.404541 -0.503473 β-Tata Steel 1.3926075302
0.106395 Apr-20 2313.312256 0.047978 β-Bajaj Finance 1.9904521771
-0.01089 May-20 1949.549805 -0.157247 Weighted Beta
0.106538 Jun-20 2824.336426 0.448712
0.12169 Jul-20 3246.354736 0.149422
0.127729 Aug-20 3483.820801 0.073149 JENSENS ALPHA
-0.129356 Sep-20 3271.963135 -0.060812 Rp
0.140653 Oct-20 3302.313965 0.009276 HUL 9.24%
0.408188 Nov-20 4895.389648 0.482412 Asian Paints 24.34%
0.113697 Dec-20 5287.456543 0.080089 Tata Steel 25.73%
-0.065885 Jan-21 4728.310059 -0.10575 Bajaj Finance 53.40%
0.189054 Feb-21 5229.849609 0.106072
0.135912 Mar-21 5140.59375 -0.017067
TREYNOR PORTFOLIO PERFORMANCE MEASURE

Ri
HUL 9.24%
Asian Paints 24.34%
Tata Steel 25.73%
Bajaj Finance 53.40%
 Mean Standard Deviation Return
Sharpe
Annually Monthly Annually Risk
9.24% 9.88% 34.2% 6.55% 26.99%
24.34% 6.90% 23.9% 72.51% 101.75%
25.73% 10.88% 37.7% 49.70% 68.26%
53.40% 14.12% 48.9% 94.86% 109.16%

Asian Paints Tata Steel Bajaj Finance

0.2709644 0.1641441 0.2826541
1 0.1543967 0.3512739
0.1543967 1 0.5693344
0.3512739 0.5693344 1

Covariance = Correlation*SD-1*SD-2

Asian Paints Tata Steel Bajaj Finance

0.0221796818703353 0.0211730741 0.0473170643
0.0572124635242055 0.0139201659 0.0411013421
0.0139201659154585 0.1420763793 0.1049767722
0.04110134206118 0.1049767722 0.2392927983

NCE-VARIANCE MATRIX

25% 25% 25% 25%

HUL Asian Paints Tata Steel Bajaj Finance
0.73% 0.14% 0.13% 0.30%
0.14% 0.36% 0.09% 0.26%
0.13% 0.09% 0.89% 0.66%
0.30% 0.26% 0.66% 1.50%
0.08% 0.05% 0.11% 0.17%

4.95%
22.26%
28.18%
95.16%
-12.12%
17.80%

METHODS
 Contribution Markowitz
MMULT
Method Extended
0.41290% 0.41% 0.0642574243 0.41%

4.95% 4.95% 77.11%

22.26% 22.26% 87.81%

25%
25%
25%
25%
1.19

Rf βp Rm α
6.995% 0.7956161652 34.98% -0.200202565
6.995% 0.5814864144 34.98% 0.0107223844
6.995% 1.3926075302 34.98% -0.202354665
6.995% 1.9904521771 34.98% -0.092927151

O PERFORMANCE MEASURE

Rf βi T
6.995% 0.7956161652 0.0281920005
6.995% 0.5814864144 0.2982637113
6.995% 1.3926075302 0.134517786
6.995% 1.9904521771 0.2331376457
 Sharpe = (Rportfolio - Rf Rate) / Sdportfolio

Rf 6.995%

Covariance = Correlation*SD-1*SD-2
α = Rp - [Rf + βp (Rm-Rf)]

T = (Ri - Rf)/ βi
REVIEW 2
JUL Asian Paints Tata Steel
Date Close Price HPR Date Close Price HPR Date Close Price
Mar-16 1217.95 Mar-16 868.7 Mar-16 319.5
Apr-16 1210.85 -0.58% Apr-16 868.1 -0.000691 Apr-16 350.55
May-16 1249.85 3.22% May-16 984.1 0.133625 May-16 334.45
Jun-16 1170.75 -6.33% Jun-16 1003.65 0.019866 Jun-16 321.9
Jul-16 1073.95 -8.27% Jul-16 1114.7 0.110646 Jul-16 354.75
Aug-16 1036.8 -3.46% Aug-16 1159.25 0.039966 Aug-16 370.45
Sep-16 1038.1 0.13% Sep-16 1162.1 0.002458 Sep-16 374.4
Oct-16 1002.5 -3.43% Oct-16 1075.35 -0.074649 Oct-16 404.65
Nov-16 975.45 -2.70% Nov-16 969.85 -0.098108 Nov-16 414.95
Dec-16 1010.7 3.61% Dec-16 891.35 -0.08094 Dec-16 391.1
Jan-17 929.3 -8.05% Jan-17 970.8 0.089134 Jan-17 462.4
Feb-17 1012.3 8.93% Feb-17 1024.45 0.055264 Feb-17 482.65
Mar-17 1020.8 0.84% Mar-17 1071.2 0.045634 Mar-17 482.65
Apr-17 919.4 -9.93% Apr-17 1119.6 0.045183 Apr-17 448.85
May-17 976.95 6.26% May-17 1152.6 0.029475 May-17 504.9
Jun-17 935.65 -4.23% Jun-17 1104.15 -0.042035 Jun-17 544.35
Jul-17 1011.3 8.09% Jul-17 1159.45 0.050084 Jul-17 567.55
Aug-17 915.3 -9.49% Aug-17 1168.15 0.007504 Aug-17 638
Sep-17 898.75 -1.81% Sep-17 1117.05 -0.043744 Sep-17 651.05
Oct-17 921.65 2.55% Oct-17 1180.7 0.05698 Oct-17 703.65
Nov-17 974.95 5.78% Nov-17 1147.75 -0.027907 Nov-17 695.15
Dec-17 1039.3 6.60% Dec-17 1157.9 0.008843 Dec-17 732.45
Jan-18 1150.65 10.71% Jan-18 1131.05 -0.023189 Jan-18 705.05
Feb-18 1174.25 2.05% Feb-18 1118.85 -0.010786 Feb-18 671.7
Mar-18 1134.4 -3.39% Mar-18 1120.7 0.001653 Mar-18 570.9
Apr-18 1199.4 5.73% Apr-18 1200.15 0.070893 Apr-18 594.7
May-18 1231.9 2.71% May-18 1305.6 0.087864 May-18 575.45
Jun-18 1306.75 6.08% Jun-18 1264.1 -0.031786 Jun-18 567.85
Jul-18 1365 4.46% Jul-18 1448.3 0.145716 Jul-18 562.85
Aug-18 1440 5.49% Aug-18 1371.1 -0.053304 Aug-18 601.65
Sep-18 727.85 -49.45% Sep-18 1294.05 -0.056196 Sep-18 580.35
Oct-18 686.25 -5.72% Oct-18 1227.25 -0.051621 Oct-18 552.4
Nov-18 666.5 -2.88% Nov-18 1344.9 0.095865 Nov-18 530.25
Dec-18 659.85 -1.00% Dec-18 1373.7 0.021414 Dec-18 521.85
Jan-19 749.6 13.60% Jan-19 1412.65 0.028354 Jan-19 475.95
Feb-19 733.95 -2.09% Feb-19 1405.05 -0.00538 Feb-19 501.3
Mar-19 742.3 1.14% Mar-19 1491.9 0.061813 Mar-19 520.85
Apr-19 749.95 1.03% Apr-19 1463 -0.019371 Apr-19 556.45
May-19 736.85 -1.75% May-19 1406.7 -0.038483 May-19 487.9
Jun-19 731.95 -0.66% Jun-19 1357.65 -0.034869 Jun-19 504.4
Jul-19 794 8.48% Jul-19 1521.25 0.120502 Jul-19 431.9
Aug-19 814.6 2.59% Aug-19 1615.2 0.061758 Aug-19 344.95
Sep-19 805.3 -1.14% Sep-19 1763.7 0.091939 Sep-19 359.8

Oct-19 685.5 -14.88% Oct-19 1810.75 0.026677 Oct-19 380.5

Nov-19 695.95 1.52% Nov-19 1704 -0.058953 Nov-19 427.4

Dec-19 731.75 5.14% Dec-19 1786.85 0.048621 Dec-19 472
Jan-20 776.35 6.09% Jan-20 1795.25 0.004701 Jan-20 438.75
Feb-20 731.35 -5.80% Feb-20 1798.2 0.001643 Feb-20 381.55
Mar-20 640.3 -12.45% Mar-20 1666.7 -0.073129 Mar-20 269.75
Apr-20 716.2 11.85% Apr-20 1760.05 0.056009 Apr-20 298.45
May-20 691.35 -3.47% May-20 1684.4 -0.042982 May-20 295.2
Jun-20 735.9 6.44% Jun-20 1687.35 0.001751 Jun-20 326.65
Jul-20 966.25 31.30% Jul-20 1716.65 0.017365 Jul-20 366.4
Aug-20 928.5 -3.91% Aug-20 1903.4 0.108787 Aug-20 413.2
Sep-20 1008 8.56% Sep-20 1987.55 0.04421 Sep-20 359.75
Oct-20 1060.6 5.22% Oct-20 2213.05 0.113456 Oct-20 410.35
Nov-20 1100.55 3.77% Nov-20 2217.35 0.001943 Nov-20 577.85
Dec-20 1255.85 14.11% Dec-20 2764.45 0.246736 Dec-20 643.55
Jan-21 1239.65 -1.29% Jan-21 2407.35 -0.129176 Jan-21 601.15
Feb-21 1252.35 1.02% Feb-21 2277.45 -0.05396 Feb-21 714.8
Mar-21 1367.75 9.21% Mar-21 2536.75 0.113855 Mar-21 811.95
Tata Steel Bajaj Finance Mean
HPR Date Close Price HPR Monthly
Mar-16 683.58606 HUL 0.77%
0.097183 Apr-16 675.897827 -0.011247 Asian Paints 2.03%
-0.045928 May-16 749.411499 0.108764 Tata Steel 2.14%
-0.037524 Jun-16 790.352966 0.054631 Bajaj Finance 4.45%
0.10205 Jul-16 1024.624878 0.296414
0.044257 Aug-16 1091.07959 0.064858 CORRELATION
0.010663 Sep-16 1046.12915 -0.041198
0.080796 Oct-16 1062.317139 0.015474 HUL
0.025454 Nov-16 910.289001 -0.14311 HUL 1
-0.057477 Dec-16 830.933105 -0.087177 Asian Paints 0.2709644
0.182306 Jan-17 1025.931396 0.234674 Tata Steel 0.1641441
0.043793 Feb-17 1096.326782 0.068616 Bajaj Finance 0.2826541
0 Mar-17 1162.464844 0.060327
-0.07003 Apr-17 1261.375 0.085087 COVARIANCE
0.124875 May-17 1311.819946 0.039992
0.078134 Jun-17 1360.581909 0.037171 HUL
0.04262 Jul-17 1685.232544 0.238612 HUL 0.1171104027
0.12413 Aug-17 1770.538208 0.05062 Asian Paints 0.0221796819
0.020455 Sep-17 1821.460938 0.028761 Tata Steel 0.0211730741
0.080793 Oct-17 1786.420654 -0.019237 Bajaj Finance 0.0473170643
-0.01208 Nov-17 1716.637207 -0.039063
0.053657 Dec-17 1743.88562 0.015873 COVARIANCE-VARIANCE MATRIX
-0.037409 Jan-18 1665.168457 -0.045139
-0.047302 Feb-18 1630.028809 -0.021103 Weights
-0.150067 Mar-18 1756.740356 0.077736
0.041689 Apr-18 1892.038452 0.077017 10% HUL
-0.032369 May-18 2092.603027 0.106004 44% Asian Paints
-0.013207 Jun-18 2280.064697 0.089583 20% Tata Steel
-0.008805 Jul-18 2678.712402 0.174841 26% Bajaj Finance
0.068935 Aug-18 2843.008545 0.061334 100%
-0.035403 Sep-18 2155.163818 -0.241943
-0.048161 Oct-18 2361.293457 0.095645 Portfolio Variance
-0.040098 Nov-18 2514.125977 0.064724 Portfolio Standard Deviation
-0.015842 Dec-18 2626.239258 0.044593 Portfolio Return
-0.087956 Jan-19 2555.839111 -0.026806 Portfolio Sharpe
0.053262 Feb-19 2632.454102 0.029976 Portfolio Jenson's Alpha
0.038999 Mar-19 3007.773193 0.142574 Portfolio Treynor's Ratio
0.06835 Apr-19 3076.781494 0.022943
-0.123192 May-19 3450.111572 0.121338
0.033818 Jun-19 3661.511719 0.061273
-0.143735 Jul-19 3232.546875 -0.117155
 Portfolio Risk
-0.20132 Aug-19 3318.602295 0.026622
0.04305 Sep-19 4034.348633 0.215677 Variance
Variance -
0.057532 Oct-19 4009.197266 -0.006234 Annual
Std Dev -
0.123259 Nov-19 4057.358887 0.012013 Annual
0.104352 Dec-19 4218.577637 0.039735
-0.070445 Jan-20 4348.219727 0.030731 β-HUL 0.7956161652
-0.13037 Feb-20 4445.6875 0.022416 β-Asian Paints 0.5814864144
-0.293015 Mar-20 2207.404541 -0.503473 β-Tata Steel 1.3926075302
0.106395 Apr-20 2313.312256 0.047978 β-Bajaj Finance 1.9904521771
-0.01089 May-20 1949.549805 -0.157247 Weighted Beta
0.106538 Jun-20 2824.336426 0.448712
0.12169 Jul-20 3246.354736 0.149422
0.127729 Aug-20 3483.820801 0.073149 JENSENS ALPHA
-0.129356 Sep-20 3271.963135 -0.060812 Rp
0.140653 Oct-20 3302.313965 0.009276 HUL 9.24%
0.408188 Nov-20 4895.389648 0.482412 Asian Paints 24.34%
0.113697 Dec-20 5287.456543 0.080089 Tata Steel 25.73%
-0.065885 Jan-21 4728.310059 -0.10575 Bajaj Finance 53.40%
0.189054 Feb-21 5229.849609 0.106072
0.135912 Mar-21 5140.59375 -0.017067
TREYNOR PORTFOLIO PERFORMANCE MEASURE

Ri
HUL 9.24%
Asian Paints 24.34%
Tata Steel 25.73%
Bajaj Finance 53.40%

Summary
Risk
Situation 1 22.12%
Situation 2 22.45%
Situation 3 22.73%
Situation 4 23.24%
Situation 5 23.61%

Efficient Fro
32.00%

31.50%

31.00%

30.50%
 Efficient Fro
32.00%

31.50%

31.00%

30.50%

30.00%

29.50%

29.00%

28.50%
22.00% 22.20% 22.40% 22.60% 22.80%
 Mean Standard Deviation Return
Sharpe
Annually Monthly Annually Risk
9.24% 9.88% 34.2% 6.55% 26.99%
24.34% 6.90% 23.9% 72.51% 101.75%
25.73% 10.88% 37.7% 49.70% 68.26%
53.40% 14.12% 48.9% 94.86% 109.16%

Asian Paints Tata Steel Bajaj Finance

0.2709644 0.1641441 0.2826541
1 0.1543967 0.3512739
0.1543967 1 0.5693344
0.3512739 0.5693344 1

Covariance = Correlation*SD-1*SD-2

Asian Paints Tata Steel Bajaj Finance

0.0221796818703353 0.0211730741 0.0473170643
0.0572124635242055 0.0139201659 0.0411013421
0.0139201659154585 0.1420763793 0.1049767722
0.04110134206118 0.1049767722 0.2392927983

NCE-VARIANCE MATRIX

25% 25% 25% 25%

HUL Asian Paints Tata Steel Bajaj Finance
0.28% 0.05% 0.05% 0.11%
0.24% 0.63% 0.15% 0.45%
0.11% 0.07% 0.72% 0.53%
0.31% 0.27% 0.68% 1.56%
0.06% 0.09% 0.10% 0.18%

5.16%
22.73%
30.71%
101.81%
-7.99%
20.93%

METHODS
 Contribution Markowitz
MMULT
Method Extended
0.45237% 0.43% 0.0667721687 0.45%

5.43% 5.16% 80.13%

23.30% 22.73% 89.51%

10%
44%
20%
26%
1.13

α = Rp - [Rf + βp (Rm-Rf)]
Rf βp Rm α
6.995% 0.7956161652 34.98% -0.200202565
6.995% 0.5814864144 34.98% 0.0107223844
6.995% 1.3926075302 34.98% -0.202354665
6.995% 1.9904521771 34.98% -0.092927151

O PERFORMANCE MEASURE

Rf βi T
6.995% 0.7956161652 0.0281920005
6.995% 0.5814864144 0.2982637113
6.995% 1.3926075302 0.134517786
6.995% 1.9904521771 0.2331376457

Summary
Return HUL Asian Paints Tata Steel Baja Finance
29.73% 23.00% 34.00% 19.00% 24.00%
30.33% 14.00% 39.00% 21.00% 26.00%
30.71% 10.00% 44.00% 20.00% 26.00%
31.23% 6.00% 48.00% 21.00% 25.00%
31.56% 5.00% 50.00% 19.00% 26.00%

Efficient Frontier 3
32.00%

31.50%

31.00%

30.50%
 Efficient Frontier 3
32.00%

31.50%

31.00%

30.50%

30.00%

29.50%

29.00%

28.50%
22.00% 22.20% 22.40% 22.60% 22.80% 23.00% 23.20% 23.40% 23.60% 23.80%
 Sharpe = (Rportfolio - Rf Rate) / Sdportfolio

Rf 6.995%

Covariance = Correlation*SD-1*SD-2
α = Rp - [Rf + βp (Rm-Rf)]

T = (Ri - Rf)/ βi