R17 = 0.4 x 429.73% + 0.3 x 73% + 0.3 x 6% = 196% x 0.2 = 0.

384

R18 = 0.4 x 600.75% + 0.3 x 65% + 0.3 x -15.10% = 255% x 0.2 = 0.51

R19 = 0.4 x 655.36% + 0.3 x 34% + 0.3 x 33% = 282% x 0.2 = 0.564

R20 = 0.4 x 832.92% + 0.3 x 32% + 0.3 x 3.80% = 344% x 0.2 = 0.688

R21 = 0.4 x 721.42% + 0.3 x 37% + 0.3 x 29% = 308% x 0.2 = 0.616

Rendimiento portafolio = 0.384 + 0.51 + 0.564 + 0.688 + 0.616 = 2.762

Rendimiento portafolio = 276.2%

196% - 276.2% = -80.6%^2 x 0.2 = 0.129952993

255% - 276.2% = -20.9%^2 x 0.2 = 0.008761298

282% - 276.2% = 6.0%^2 x 0.2 = 0.000730599

344% - 276.2% = 67.7%^2 x 0.2 = 0.091687465

308% - 276.2% = 32.2%^2 x 0.2 = 0.020695604

0.12995 + 0.00876 + 0.00073 + 0.09168 + 0.02069 = 0.2518

Desviación portafolio = Raiz (0.2518) = 50.18%