markowitz final

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microsoft Date Open High Low Close Volume Adj Close 4/17/2015 41.67 41.74 41.16 41.62 41783500 41.62 -0.03471 4/16/2015 41.95 42.34 41.82 42.16 22394200 42.16 -0.03383 4/15/2015 41.76 42.46 41.68 42.26 27122700 42.26 -0.02935 4/14/2015 41.8 42.03 41.39 41.65 24244400 41.65 -0.05338 4/13/2015 41.4 42.06 41.39 41.76 30276700 41.76 -0.05004 4/10/2015 41.63 41.95 41.41 41.72 28022000 41.72 -0.05116 4/9/2015 41.25 41.62 41.25 41.48 25723900 41.48 -0.05345 4/8/2015 41.46 41.69 41.04 41.42 24753400 41.42 -0.05142 4/7/2015 41.61 41.91 41.31 41.53 28809400 41.53 -0.0392 4/6/2015 40.34 41.78 40.18 41.55 39223700 41.55 -0.00182 4/2/2015 40.66 40.74 40.12 40.29 37487500 40.29 -0.02497 4/1/2015 40.6 40.76 40.31 40.72 36865300 40.72 -0.0134 3/31/2015 40.78 41.03 40.54 40.66 34887200 40.66 -0.0054 3/30/2015 41.1 41.54 40.91 40.96 35049700 40.96 0.002423 3/27/2015 41.12 41.43 40.83 40.97 34401400 40.97 2.76E-05 3/26/2015 41.22 41.61 40.92 41.21 37495600 41.21 0.000855 3/25/2015 42.92 42.93 41.44 41.46 43469900 41.46 0.011504 3/24/2015 42.78 43.17 42.75 42.9 25513300 42.9 0.044138 3/23/2015 42.88 43.13 42.78 42.86 26246100 42.86 0.043912 3/20/2015 42.56 42.98 42.49 42.88 71904500 42.88 0.048656 3/19/2015 42.26 42.59 42.22 42.29 33879100 42.29 0.020764 3/18/2015 41.43 42.83 41.33 42.5 44194800 42.5 0.038865 3/17/2015 41.37 41.83 41.15 41.7 31673400 41.7 0.011792 3/16/2015 41.47 41.64 41.28 41.56 35273500 41.56 0.015158 3/13/2015 40.7 41.47 40.61 41.38 58007700 41.38 0.004984 3/12/2015 41.33 41.65 40.86 41.02 59992500 41.02 0.00365 3/11/2015 42.31 42.37 41.84 41.98 32215300 41.98 0.031345 3/10/2015 42.35 42.71 42.03 42.03 39159700 42.03 0.029103 3/9/2015 42.19 43.13 42.19 42.85 32108000 42.85 0.048426 3/6/2015 43 43.11 42.15 42.36 36248800 42.36 0.040932 3/5/2015 43.07 43.24 42.82 43.11 23193500 43.11 0.066299 3/4/2015 43.01 43.21 42.88 43.06 25748700 43.06 0.082122 3/3/2015 43.56 43.83 43.09 43.28 31748600 43.28 0.080198 3/2/2015 43.67 44.19 43.55 43.88 31924000 43.88 0.088513 2/27/2015 44.13 44.2 43.66 43.85 33807700 43.85 0.083552 2/26/2015 43.99 44.23 43.89 44.06 28957300 44.06 0.083229 2/25/2015 43.95 44.09 43.8 43.99 29759800 43.99 0.088594 2/24/2015 44.15 44.3 43.92 44.09 25271700 44.09 0.115152 2/23/2015 43.7 44.19 43.65 44.15 32518800 44.15 0.117501 2/20/2015 43.51 43.88 43.29 43.86 29721100 43.86 0.096552 -0.2 -0.1 0 -0.1 0 0.1 0.2 0.3 0.4

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An Excel version of the Markowitz Portfolio optimization model

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Page 1: Markowitz Final

microsoftDate Open High Low Close Volume Adj Close norm

4/17/2015 41.67 41.74 41.16 41.62 41783500 41.62 -0.034705 0.1248494/16/2015 41.95 42.34 41.82 42.16 22394200 42.16 -0.033827 0.1905894/15/2015 41.76 42.46 41.68 42.26 27122700 42.26 -0.029354 0.2425694/14/2015 41.8 42.03 41.39 41.65 24244400 41.65 -0.053385 -0.0480154/13/2015 41.4 42.06 41.39 41.76 30276700 41.76 -0.050038 0.0416584/10/2015 41.63 41.95 41.41 41.72 28022000 41.72 -0.05116 0.079345

4/9/2015 41.25 41.62 41.25 41.48 25723900 41.48 -0.053451 0.3099684/8/2015 41.46 41.69 41.04 41.42 24753400 41.42 -0.051425 0.0949564/7/2015 41.61 41.91 41.31 41.53 28809400 41.53 -0.039196 0.2044514/6/2015 40.34 41.78 40.18 41.55 39223700 41.55 -0.001822 0.05114/2/2015 40.66 40.74 40.12 40.29 37487500 40.29 -0.024972 0.1026694/1/2015 40.6 40.76 40.31 40.72 36865300 40.72 -0.013395 0.084852

3/31/2015 40.78 41.03 40.54 40.66 34887200 40.66 -0.005397 0.3296063/30/2015 41.1 41.54 40.91 40.96 35049700 40.96 0.002423 0.3783743/27/2015 41.12 41.43 40.83 40.97 34401400 40.97 2.758E-05 0.3363743/26/2015 41.22 41.61 40.92 41.21 37495600 41.21 0.000855 0.1715913/25/2015 42.92 42.93 41.44 41.46 43469900 41.46 0.011504 0.0041933/24/2015 42.78 43.17 42.75 42.9 25513300 42.9 0.044138 0.1629153/23/2015 42.88 43.13 42.78 42.86 26246100 42.86 0.043912 -0.012243/20/2015 42.56 42.98 42.49 42.88 71904500 42.88 0.048656 0.4319983/19/2015 42.26 42.59 42.22 42.29 33879100 42.29 0.020764 0.1193123/18/2015 41.43 42.83 41.33 42.5 44194800 42.5 0.038865 -0.035653/17/2015 41.37 41.83 41.15 41.7 31673400 41.7 0.011792 -0.0202653/16/2015 41.47 41.64 41.28 41.56 35273500 41.56 0.015158 0.0764743/13/2015 40.7 41.47 40.61 41.38 58007700 41.38 0.004984 0.1970823/12/2015 41.33 41.65 40.86 41.02 59992500 41.02 0.00365 0.1679963/11/2015 42.31 42.37 41.84 41.98 32215300 41.98 0.031345 0.093913/10/2015 42.35 42.71 42.03 42.03 39159700 42.03 0.029103 0.034029

3/9/2015 42.19 43.13 42.19 42.85 32108000 42.85 0.048426 0.1597763/6/2015 43 43.11 42.15 42.36 36248800 42.36 0.040932 0.2024343/5/2015 43.07 43.24 42.82 43.11 23193500 43.11 0.066299 0.2347213/4/2015 43.01 43.21 42.88 43.06 25748700 43.06 0.082122 0.1718663/3/2015 43.56 43.83 43.09 43.28 31748600 43.28 0.080198 0.385563/2/2015 43.67 44.19 43.55 43.88 31924000 43.88 0.088513 -0.040341

2/27/2015 44.13 44.2 43.66 43.85 33807700 43.85 0.083552 0.1142982/26/2015 43.99 44.23 43.89 44.06 28957300 44.06 0.083229 0.1814692/25/2015 43.95 44.09 43.8 43.99 29759800 43.99 0.088594 0.1668572/24/2015 44.15 44.3 43.92 44.09 25271700 44.09 0.115152 -0.0349362/23/2015 43.7 44.19 43.65 44.15 32518800 44.15 0.117501 0.2123892/20/2015 43.51 43.88 43.29 43.86 29721100 43.86 0.096552 0.1218692/19/2015 43.18 43.53 43.05 43.5 27603400 43.5 0.083567 0.3996892/18/2015 43.63 43.7 43.39 43.53 27111700 43.53 0.100442 0.1688242/17/2015 43.97 44 43.19 43.58 33695700 43.58 0.110793 0.190852

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Page 2: Markowitz Final

2/13/2015 43.38 43.87 43.15 43.87 40264900 43.56 0.105311 0.3874322/12/2015 42.66 43.09 42.51 43.09 33268800 42.78551 0.087552 0.1863892/11/2015 42.65 42.65 42.21 42.38 38262500 42.08053 0.070166 0.2517842/10/2015 42.74 42.77 42.18 42.6 29670700 42.29897 0.069057 0.190855

2/9/2015 42.24 42.74 42.21 42.36 31381100 42.06067 0.080983 0.2424142/6/2015 42.68 42.79 42.15 42.41 34311700 42.11032 0.080353 0.1438582/5/2015 42.22 42.64 41.86 42.45 36548200 42.15004 0.0792 0.2556592/4/2015 41.94 42.21 41.36 41.84 41614800 41.54435 0.069871 0.3265432/3/2015 41.63 41.93 41.05 41.6 52082400 41.30604 0.046815 -0.0313552/2/2015 40.59 41.37 40.23 41.28 50352500 40.9883 0.034137 0.092212

1/30/2015 41.55 41.58 40.35 40.4 78004900 40.11452 0.030706 0.001541/29/2015 40.93 42.12 40.79 42.01 63585300 41.71314 0.083437 0.3279141/28/2015 42.74 42.79 41.16 41.19 84507100 40.89894 0.05961 0.1490591/27/2015 42.95 43.2 42.11 42.66 1.69E+08 42.35855 0.10355 0.3435251/26/2015 47 47.13 46.24 47.01 42525500 46.67781 0.227286 0.1466511/23/2015 47.36 47.39 46.8 47.18 26211600 46.84661 0.220166 -0.1010061/22/2015 46.38 47.14 46.08 47.13 35898000 46.79697 0.210889 0.0905921/21/2015 45.94 46.14 45.48 45.92 39081100 45.59551 0.170657 0.3936191/20/2015 46.3 46.65 45.57 46.39 36161900 46.06219 0.170929 0.2236041/16/2015 45.31 46.28 45.17 46.24 35695300 45.91325 0.163974 -0.0665841/15/2015 46.22 46.38 45.41 45.48 32742300 45.15862 0.134759 0.183671/14/2015 45.96 46.24 45.62 45.96 29719600 45.63523 0.174319 0.1904821/13/2015 46.97 47.91 46.06 46.36 35270600 46.03241 0.186025 0.0016671/12/2015 47.42 47.54 46.36 46.6 23651900 46.27071 0.197271 -0.109141

1/9/2015 47.61 47.82 46.9 47.19 23942800 46.85654 0.203334 0.0126711/8/2015 46.75 47.75 46.72 47.59 29645200 47.25372 0.215054 0.4765061/7/2015 45.98 46.46 45.49 46.23 29114100 45.90332 0.178265 0.2325211/6/2015 46.38 46.75 45.54 45.65 36447900 45.32742 0.152251 -0.0010841/5/2015 46.37 46.73 46.25 46.33 39673900 46.00262 0.188538 0.3072621/2/2015 46.66 47.42 46.54 46.76 27913900 46.42958 0.21702 0.046824

12/31/2014 46.73 47.44 46.45 46.45 21552500 46.12177 0.208027 -0.00919112/30/2014 47.44 47.62 46.84 47.02 16384700 46.68774 0.218191 0.06673612/29/2014 47.7 47.78 47.26 47.45 14439500 47.1147 0.195613 0.13223512/26/2014 48.41 48.41 47.82 47.88 13197800 47.54167 0.226142 0.15805812/24/2014 48.64 48.64 48.08 48.14 11437800 47.79983 0.23342 -0.12264912/23/2014 48.37 48.8 48.13 48.45 23648100 48.10764 0.239183 -0.0793612/22/2014 47.78 48.12 47.71 47.98 26566000 47.64096 0.193049 0.20350612/19/2014 47.63 48.1 47.17 47.66 64551200 47.32322 0.175348 -0.08030612/18/2014 46.58 47.52 46.34 47.52 40105600 47.18421 0.169915 0.00484612/17/2014 45.05 45.95 44.9 45.74 34970900 45.41679 0.137905 0.09948412/16/2014 45.9 46.34 45.13 45.16 47801400 44.84089 0.142712 0.03320912/15/2014 47.2 47.67 46.55 46.67 29247800 46.34021 0.209123 0.13470912/12/2014 46.78 47.73 46.67 46.95 34248400 46.61824 0.203232 0.16050312/11/2014 47.08 47.74 46.68 47.17 29060400 46.83668 0.192388 0.18660112/10/2014 47.58 47.66 46.7 46.9 30431800 46.56859 0.180879 0.420552

12/9/2014 47.11 47.92 47.05 47.59 24330500 47.25372 0.208398 -0.10438412/8/2014 48.26 48.35 47.45 47.7 26663100 47.36294 0.206085 0.06627212/5/2014 48.82 48.97 48.38 48.42 27313400 48.07785 0.257337 0.331132

Page 3: Markowitz Final

12/4/2014 48.39 49.06 48.2 48.84 30320400 48.49488 0.259264 0.21056612/3/2014 48.44 48.5 47.81 48.08 23534800 47.74025 0.288539 0.37053412/2/2014 48.84 49.05 48.2 48.46 25743000 48.11757 0.31078 0.13821412/1/2014 47.88 48.78 47.71 48.62 31191600 48.27644 0.308513 -0.128968

11/28/2014 47.95 48.2 47.61 47.81 21534400 47.47216 0.273937 -0.02996711/26/2014 47.49 47.99 47.28 47.75 27163600 47.41258 0.280705 0.24190811/25/2014 47.66 47.97 47.45 47.47 28007900 47.13456 0.279928 0.18736211/24/2014 47.99 48 47.39 47.59 35434200 47.25372 0.280455 0.2103811/21/2014 49.02 49.05 47.57 47.98 42883100 47.64096 0.282488 0.14476711/20/2014 48 48.7 47.87 48.7 21500700 48.35587 0.3031 0.19186311/19/2014 48.66 48.75 47.93 48.22 26176800 47.87926 0.280179 0.06826711/18/2014 49.13 49.33 48.7 48.74 23995500 48.39559 0.315562 0.28384411/17/2014 49.41 49.71 49.14 49.46 30315500 48.80269 0.308275 0.11370511/14/2014 49.74 50.05 49.39 49.58 29081700 48.9211 0.327037 0.06035511/13/2014 48.81 49.65 48.71 49.61 26208800 48.9507 0.341661 0.11434411/12/2014 48.56 48.92 48.52 48.78 22722000 48.13173 0.316754 -0.06268311/11/2014 48.85 48.95 48.65 48.87 23445200 48.22053 0.313933 0.1854911/10/2014 48.65 49.15 48.55 48.89 36370100 48.24026 0.304434 0.301216

11/7/2014 48.92 48.92 48.29 48.68 28000600 48.03305 0.306744 0.07006811/6/2014 47.86 48.86 47.79 48.7 33037800 48.05279 0.315646 -0.03601811/5/2014 47.8 47.9 47.26 47.86 22449600 47.22395 0.296063 0.1828611/4/2014 47.3 47.73 47.25 47.57 21530800 46.93781 0.29097 0.08337211/3/2014 46.89 47.46 46.73 47.44 23130400 46.80953 0.287784 0.301162

10/31/2014 46.94 46.97 46.48 46.95 35849700 46.32605 0.279245 0.2281410/30/2014 46.32 46.32 45.77 46.05 30073900 45.43801 0.264849 0.15449310/29/2014 46.44 46.7 46.34 46.62 30276100 46.00043 0.29338 -0.16265410/28/2014 45.86 46.5 45.77 46.49 29024600 45.87216 0.29824 0.02610710/27/2014 45.71 46.1 45.71 45.91 30371300 45.29987 0.295509 0.22956910/24/2014 46.83 46.9 45.18 46.13 61076700 45.51694 0.314799 0.20339110/23/2014 44.62 45.45 44.53 45.02 45451900 44.4217 0.264453 0.35347510/22/2014 45 45.07 44.23 44.38 33570900 43.7902 0.242036 0.22953410/21/2014 44.36 44.98 44.19 44.88 36433800 44.28356 0.210886 0.28921210/20/2014 43.06 44.14 42.81 44.08 34527900 43.49419 0.220922 0.31678110/17/2014 43.2 43.94 42.79 43.63 40683300 43.05017 0.215051 0.15008710/16/2014 42.53 43.08 42.22 42.74 49040400 42.172 0.203064 0.30682310/15/2014 43 43.39 42.1 43.22 60218700 42.64562 0.224679 0.11836810/14/2014 43.87 44.38 43.56 43.73 38115700 43.14884 0.212873 0.16829110/13/2014 43.82 44.56 43.49 43.65 37100200 43.0699 0.235834 -0.00641710/10/2014 45.6 46.12 43.95 44.03 51978100 43.44485 0.251103 0.064294

10/9/2014 46.5 46.8 45.74 45.85 34422800 45.24066 0.294173 0.24651710/8/2014 45.48 46.89 45.34 46.78 33031000 46.15831 0.312802 0.10787510/7/2014 45.86 45.93 45.42 45.53 25723700 44.92492 0.260058 0.08092510/6/2014 46.12 46.3 45.92 46.09 20604000 45.47747 0.280067 0.25703210/3/2014 45.98 46.3 45.61 46.09 32453200 45.47747 0.315128 0.09934510/2/2014 45.83 46.1 45.64 45.76 25119400 45.15186 0.335574 0.11798510/1/2014 46.27 46.53 45.85 45.9 38088400 45.29 0.300258 0.1744969/30/2014 46.37 46.48 46.01 46.36 33033100 45.74389 0.33214 0.1672919/29/2014 45.98 46.56 45.76 46.44 26091000 45.82282 0.325856 0.062246

Page 4: Markowitz Final

9/26/2014 45.93 46.62 45.76 46.41 27078800 45.79322 0.301345 0.0243059/25/2014 46.88 47.09 46.03 46.04 33077400 45.42814 0.300975 0.0732159/24/2014 46.63 47.11 46.34 47.08 26582700 46.45432 0.302249 0.2349879/23/2014 46.85 46.98 46.47 46.56 33430300 45.94123 0.279201 0.1543949/22/2014 47.3 47.38 46.98 47.06 38686100 46.43459 0.284298 0.1067169/19/2014 46.81 47.57 46.6 47.52 2.03E+08 46.88847 0.301025 0.3470549/18/2014 46.59 46.83 46.46 46.68 35556600 46.05964 0.278027 0.0967199/17/2014 46.26 46.69 46.23 46.52 38311900 45.90176 0.268544 0.1378049/16/2014 46.39 46.85 46.29 46.76 27910600 46.13857 0.287468 -0.2131289/15/2014 46.54 46.71 46.1 46.24 37667600 45.62548 0.289143 -0.1583399/12/2014 46.91 47.02 46.6 46.7 38244700 46.07937 0.295599 0.2164339/11/2014 46.74 47 46.47 47 29216400 46.37538 0.323706 -0.044369/10/2014 46.82 46.94 46.28 46.84 27302400 46.21751 0.307298 0.007716

9/9/2014 46.47 46.97 46.42 46.76 40302400 46.13857 0.30721 -0.0859919/8/2014 46.02 46.8 45.99 46.47 45736700 45.85243 0.286073 0.0040389/5/2014 45.11 45.93 45.11 45.91 36939400 45.29987 0.277501 0.0111069/4/2014 44.74 45.27 44.72 45.26 26475500 44.6585 0.24148 0.0947489/3/2014 44.53 45.11 44.53 44.96 33684500 44.36249 0.220463 0.3831369/2/2014 45.43 45.46 44.85 45.09 22976800 44.49076 0.207933 0.032572

8/29/2014 45.09 45.44 44.86 45.43 21607600 44.82625 0.198178 0.2192688/28/2014 44.75 44.98 44.61 44.88 17657600 44.28356 0.194472 0.0848358/27/2014 44.9 45 44.76 44.87 21287900 44.27369 0.205519 0.1672148/26/2014 45.31 45.4 44.94 45.01 14873100 44.41183 0.180089 0.0405838/25/2014 45.4 45.44 45.04 45.17 16910000 44.5697 0.203759 0.1511918/22/2014 45.35 45.47 45.07 45.15 18294500 44.54997 0.198845 0.0658828/21/2014 44.84 45.25 44.83 45.22 22285500 44.61904 0.21078 0.0602648/20/2014 45.34 45.4 44.9 44.95 24770500 44.35263 0.220516 -0.0902538/19/2014 44.97 45.34 44.83 45.33 28139500 44.72758 0.239072 0.0780758/18/2014 44.94 45.11 44.68 45.11 26891100 44.23422 0.215964 0.1825168/15/2014 44.58 44.9 44.4 44.79 41611300 43.92043 0.209588 0.0018668/14/2014 44.08 44.42 44.01 44.27 19313200 43.41053 0.200979 -0.0075838/13/2014 43.68 44.18 43.52 44.08 22889500 43.22422 0.206145 0.3534818/12/2014 43.04 43.59 43 43.52 21431100 42.67509 0.201842 0.0762198/11/2014 43.26 43.45 43.02 43.2 20351600 42.3613 0.187188 0.111119

8/8/2014 43.23 43.32 42.91 43.2 28942700 42.3613 0.167109 0.0844748/7/2014 42.84 43.45 42.65 43.23 30314900 42.39072 0.16239 0.0151558/6/2014 42.74 43.17 42.21 42.74 24634000 41.91023 0.144998 0.1635038/5/2014 43.31 43.46 42.83 43.08 26266400 42.24363 0.17882 0.2278488/4/2014 42.97 43.47 42.81 43.37 34277400 42.528 0.179494 0.1068948/1/2014 43.21 43.25 42.6 42.86 31170300 42.0279 0.159762 0.26529

7/31/2014 43.38 43.69 43.08 43.16 31537500 42.32208 0.1766 0.0323317/30/2014 44.07 44.1 43.29 43.58 31921400 42.73392 0.16689 0.1350217/29/2014 43.91 44.09 43.64 43.89 27763100 43.03791 0.224585 0.134277/28/2014 44.36 44.51 43.93 43.97 29684200 43.11636 0.250712 -0.0257527/25/2014 44.3 44.66 44.3 44.5 26737700 43.63606 0.280394 -0.0261197/24/2014 44.93 45 44.32 44.4 30725300 43.53801 0.281846 0.0001257/23/2014 45.45 45.45 44.62 44.87 52362900 43.99888 0.290677 0.2428127/22/2014 45 45.15 44.59 44.83 43095800 43.95966 0.290252 0.143179

Page 5: Markowitz Final

7/21/2014 44.56 45.16 44.22 44.84 37604400 43.96946 0.288726 0.3310057/18/2014 44.65 44.84 44.25 44.69 43407500 43.82237 0.278663 0.1783527/17/2014 45.45 45.71 44.25 44.53 82180300 43.66548 0.350031 0.1908257/16/2014 42.51 44.31 42.48 44.08 63318000 43.22422 0.334806 0.0081537/15/2014 42.33 42.47 42.03 42.45 28748700 41.62586 0.254964 0.1036257/14/2014 42.22 42.45 42.04 42.14 21881100 41.32188 0.231202 0.4520597/11/2014 41.7 42.09 41.48 42.09 24083000 41.27285 0.230796 0.2214927/10/2014 41.37 42 41.05 41.69 21854700 40.88062 0.220496 0.295942

7/9/2014 41.98 41.99 41.53 41.67 18445900 40.861 0.229771 0.2068547/8/2014 41.87 42 41.61 41.78 31218200 40.96887 0.23838 0.1083757/7/2014 41.75 42.12 41.71 41.99 21952400 41.17479 0.24605 0.1174657/3/2014 41.91 41.99 41.56 41.8 15969300 40.98848 0.252041 0.3752497/2/2014 41.73 41.9 41.53 41.9 20208100 41.08654 0.268792 0.1975597/1/2014 41.86 42.15 41.69 41.87 26917000 41.05712 0.294337 0.0218

6/30/2014 42.17 42.21 41.7 41.7 30805500 40.89042 0.291425 -0.3370326/27/2014 41.61 42.29 41.51 42.25 74640000 41.42974 0.297064 0.0004056/26/2014 41.93 41.94 41.43 41.72 23604400 40.91004 0.258867 0.1101556/25/2014 41.7 42.05 41.46 42.03 20049100 41.21402 0.26897 0.3117916/24/2014 41.83 41.94 41.56 41.75 26509100 40.93945 0.258286 0.1224616/23/2014 41.73 42 41.69 41.99 18743900 41.17479 0.278333 0.020836/20/2014 41.45 41.83 41.38 41.68 47764900 40.87081 0.280334 0.2783246/19/2014 41.57 41.77 41.33 41.51 19828200 40.70411 0.275495 0.0144876/18/2014 41.61 41.74 41.18 41.65 27097000 40.8414 0.299324 0.2461596/17/2014 41.29 41.91 40.34 41.68 22518600 40.87081 0.310658 -0.0837826/16/2014 41.04 41.61 41.04 41.5 24205300 40.69431 0.307411 0.1210476/13/2014 41.1 41.57 40.86 41.23 26310000 40.42955 0.2874 0.0154886/12/2014 40.81 40.88 40.29 40.58 29818900 39.79217 0.265171 0.1365086/11/2014 40.93 41.07 40.77 40.86 18040000 40.06673 0.241713 0.0365176/10/2014 41.03 41.16 40.86 41.11 15117700 40.31188 0.261308 0.221858

6/9/2014 41.39 41.48 41.02 41.27 15019200 40.46877 0.281214 0.2959746/6/2014 41.48 41.66 41.24 41.48 24060500 40.67469 0.292836 0.1460356/5/2014 40.59 41.25 40.4 41.21 31865200 40.40993 0.275477 0.1279186/4/2014 40.21 40.37 39.86 40.32 23209000 39.53722 0.260911 0.3586986/3/2014 40.6 40.68 40.25 40.29 18068900 39.5078 0.258048 0.2100736/2/2014 40.95 41.09 40.68 40.79 18504300 39.99809 0.287424 0.024195

5/30/2014 40.45 40.97 40.25 40.94 34567600 40.14518 0.321952 0.1383635/29/2014 40.15 40.35 39.91 40.34 19888200 39.55683 0.323904 -0.0856655/28/2014 40.14 40.19 39.82 40.01 25711500 39.23323 0.309711 0.2480695/27/2014 40.26 40.26 39.81 40.19 26160600 39.40974 0.316868 0.2933665/23/2014 40.37 40.37 40 40.12 18020000 39.3411 0.286534 0.0986565/22/2014 40.29 40.35 39.85 40.1 20201800 39.32148 0.227373 0.0531415/21/2014 39.8 40.35 39.74 40.35 22398700 39.56663 0.229504 0.0786535/20/2014 39.68 39.94 39.46 39.68 21320900 38.90964 0.228495 0.0122885/19/2014 39.61 39.82 39.46 39.75 24537400 38.97828 0.221782 0.2938635/16/2014 39.67 39.84 39.27 39.83 29867100 39.05673 0.192335 0.2897395/15/2014 40.09 40.4 39.51 39.6 37793200 38.83119 0.164982 0.160645/14/2014 40.3 40.45 40.05 40.24 18818700 39.45877 0.270064 0.0799645/13/2014 39.92 40.5 39.85 40.42 27004800 39.63527 0.307225 0.009347

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5/12/2014 39.74 40.02 39.65 39.97 22782600 38.91945 0.283211 0.1907885/9/2014 39.54 39.85 39.37 39.54 29647600 38.50075 0.278707 -0.000275/8/2014 39.34 39.9 38.97 39.64 32120400 38.59812 0.265413 0.1401385/7/2014 39.22 39.51 38.51 39.42 41744500 38.3839 0.258786 0.0616555/6/2014 39.29 39.35 38.95 39.06 27112400 38.03337 0.225699 0.0116585/5/2014 39.52 39.64 39.3 39.43 22460900 38.39364 0.241916 0.1955685/2/2014 40.31 40.34 39.66 39.69 43416600 38.6468 0.234402 0.1669235/1/2014 40.24 40.36 39.95 40 28787400 38.94866 0.250511 0.117371

4/30/2014 40.4 40.5 40.17 40.4 35458700 39.33815 0.25572 0.0478754/29/2014 41.1 41.19 40.39 40.51 29636200 39.44525 0.291736 0.3863054/28/2014 40.14 41.29 40.09 40.87 50610200 39.79579 0.323024 0.192754/25/2014 40.29 40.68 39.75 39.91 56876800 38.86102 0.287057 -0.1100164/24/2014 39.74 39.97 39.3 39.86 42381600 38.81234 0.277786 0.2806664/23/2014 39.99 39.99 39.47 39.69 24602800 38.6468 0.281174 0.1056174/22/2014 39.96 40.14 39.83 39.99 27056700 38.93892 0.283966 0.3652374/21/2014 40.13 40.15 39.79 39.94 22221200 38.89023 0.281958 -0.0761494/17/2014 40.01 40.2 39.51 40.01 36689400 38.95839 0.296827 0.2533074/16/2014 40.06 40.42 39.91 40.4 30615800 39.33815 0.306155 0.0711244/15/2014 39.34 39.96 39.05 39.75 33968700 38.70523 0.294557 0.1416364/14/2014 39.11 39.41 38.9 39.18 32006600 38.15021 0.253236 0.3840014/11/2014 39 39.79 39 39.21 34330200 38.17942 0.259714 0.2435314/10/2014 40.44 40.69 39.09 39.36 45960800 38.32548 0.257027 0.045341

4/9/2014 39.93 40.55 39.88 40.47 27398700 39.40631 0.317586 0.4563434/8/2014 39.75 39.93 39.2 39.82 35918600 38.77339 0.148637 0.2733874/7/2014 39.96 40.27 39.74 39.8 37559600 38.75391 0.138423 0.1180144/4/2014 41.25 41.39 39.64 39.87 51409600 38.82207 0.123761 0.1428864/3/2014 41.29 41.29 40.71 41.01 30139600 39.93211 0.159088 0.549444/2/2014 41.44 41.66 41.17 41.35 28666700 40.26317 0.18508 -0.1515634/1/2014 41.15 41.59 41.07 41.42 32605000 40.33133 0.186421 0.065864

3/31/2014 40.43 41.5 40.4 40.99 46886300 39.91264 0.207602 0.0196973/28/2014 39.79 40.64 39.68 40.3 43472700 39.24077 0.199371 0.1339493/27/2014 39.74 39.97 39.34 39.36 35369200 38.32548 0.172078 0.1441793/26/2014 40.48 40.71 39.6 39.79 41977500 38.74418 0.189039 0.1158193/25/2014 40.66 40.99 39.96 40.34 43193100 39.27972 0.212564 0.0381993/24/2014 40.34 40.64 39.86 40.5 46098400 39.43552 0.219884 -0.0289153/21/2014 40.72 40.94 40.01 40.16 80721800 39.10445 0.194856 -0.0432943/20/2014 39.25 40.65 39.24 40.33 59269800 39.26999 0.193662 0.1734383/19/2014 39.47 39.55 38.91 39.27 35597200 38.23785 0.159603 -0.065543/18/2014 38.26 39.9 38.22 39.55 64063900 38.51048 0.17705 0.0346643/17/2014 37.9 38.41 37.79 38.05 20479600 37.04991 0.155279 0.0243583/14/2014 37.65 38.14 37.51 37.7 27195600 36.70911 0.142955 -0.0207313/13/2014 38.42 38.45 37.64 37.89 32169700 36.89412 0.164252 0.165083/12/2014 37.8 38.43 37.79 38.27 30494100 37.26413 0.168204 0.2296463/11/2014 37.87 38.23 37.72 38.02 25216400 37.0207 0.123665 -0.0138093/10/2014 37.99 38.01 37.72 37.82 19006600 36.82595 0.105292 0.100358

3/7/2014 38.28 38.36 37.69 37.9 26591600 36.90385 0.106997 0.1670553/6/2014 38.14 38.24 37.89 38.15 23582200 37.14729 0.133735 -0.0163733/5/2014 38.25 38.27 37.93 38.11 20520100 37.10833 0.122107 0.479705

Page 7: Markowitz Final

3/4/2014 38.2 38.48 38.07 38.41 26802400 37.40045 0.121893 0.1094343/3/2014 37.92 38.13 37.49 37.78 29717500 36.78701 0.10856 -0.1304

2/28/2014 37.98 38.46 37.82 38.31 41215000 37.30308 0.104145 0.1097252/27/2014 37.45 37.89 37.23 37.86 33903400 36.86491 0.085058 0.3172172/26/2014 37.58 37.74 37.19 37.47 41041800 36.48516 0.09569 0.2053022/25/2014 37.61 37.85 37.35 37.54 30736500 36.55331 0.103418 0.203212/24/2014 37.69 37.98 37.54 37.69 32085100 36.69937 0.101178 0.027272/21/2014 37.94 38.35 37.86 37.98 38021300 36.98175 0.090943 0.3760412/20/2014 37.57 37.87 37.4 37.75 27526100 36.7578 0.105775 0.1167052/19/2014 37.22 37.75 37.21 37.51 29750400 36.5241 0.094667 0.215542/18/2014 37.63 37.78 37.41 37.42 32834000 36.43647 0.096737 0.32362/14/2014 37.39 37.78 37.33 37.62 31407500 36.35857 0.090018 -0.028582/13/2014 37.33 37.86 37.33 37.61 37635500 36.34891 0.113577 0.0574842/12/2014 37.35 37.6 37.3 37.47 27051800 36.2136 0.11333 0.0230662/11/2014 36.88 37.26 36.86 37.17 32141400 35.92366 0.089737 -0.0003612/10/2014 36.63 36.8 36.29 36.8 26767000 35.56607 0.07146 0.120845

2/7/2014 36.32 36.59 36.01 36.56 33260500 35.33412 0.057493 -0.1274772/6/2014 35.8 36.25 35.69 36.18 35351800 34.96686 0.052804 0.230552/5/2014 36.29 36.47 35.8 35.82 55814400 34.61893 0.06649 -0.0319292/4/2014 36.97 37.19 36.25 36.35 54697900 35.13115 0.089623 -0.0267722/3/2014 37.74 37.99 36.43 36.48 64063100 35.2568 0.103957 0.195202

1/31/2014 36.95 37.89 36.56 37.84 93162300 36.5712 0.170599 -0.1451281/30/2014 36.79 36.88 36.23 36.86 35036300 35.62406 0.152142 -0.0964111/29/2014 35.98 36.88 35.9 36.66 52745900 35.43076 0.146943 0.0093321/28/2014 36.12 36.39 35.75 36.27 36205500 35.05384 0.123391 0.2199491/27/2014 36.87 36.89 35.98 36.03 44420800 34.82188 0.105236 0.0255821/24/2014 37.45 37.55 36.53 36.81 76395500 35.57573 0.114442 -0.0101961/23/2014 36.09 36.13 35.52 36.06 43954000 34.85088 0.100211 0.2114731/22/2014 36.26 36.32 35.75 35.93 21904300 34.72524 0.107155 0.1894461/21/2014 36.82 36.82 36.06 36.17 31567300 34.95719 0.129538 0.2143831/17/2014 36.83 36.83 36.15 36.38 46267500 35.16015 0.123053 0.0279151/16/2014 36.69 37 36.31 36.89 38018700 35.65305 0.155909 -0.0865641/15/2014 35.9 36.79 35.85 36.76 44812600 35.52741 0.181546 0.1115091/14/2014 34.73 35.88 34.63 35.78 41623300 34.58027 0.144646 0.1054321/13/2014 35.99 36.02 34.83 34.98 45901900 33.80709 0.125395 0.0495771/10/2014 35.9 36.15 35.75 36.04 40548800 34.83155 0.203452 0.176979

1/9/2014 35.88 35.91 35.4 35.53 36516300 34.33865 0.177571 0.0570721/8/2014 36 36.14 35.58 35.76 59971700 34.56094 0.227395 0.1442181/7/2014 36.33 36.49 36.21 36.41 35802800 35.18914 0.292244 0.0260331/6/2014 36.85 36.89 36.11 36.13 43603700 34.91853 0.280527 0.0976621/3/2014 37.2 37.22 36.6 36.91 31134800 35.67238 0.30185 0.1249781/2/2014 37.35 37.4 37.1 37.16 30632200 35.914 0.32346 0.454221

12/31/2013 37.4 37.58 37.22 37.41 17503500 36.15561 0.327735 0.27076212/30/2013 37.22 37.38 36.9 37.29 16290500 36.03964 0.316617 0.48033212/27/2013 37.58 37.62 37.17 37.29 14563000 36.03964 0.258352 0.24713712/26/2013 37.2 37.49 37.17 37.44 17612800 36.18461 0.292002 -0.18213312/24/2013 36.72 37.17 36.64 37.08 14243000 35.83668 0.325229 0.0857112/23/2013 36.81 36.89 36.55 36.62 25128700 35.3921 0.303773 0.275584

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12/20/2013 36.2 36.93 36.19 36.8 62649100 35.56607 0.314763 0.10565312/19/2013 36.51 36.55 36.08 36.25 34160100 35.03451 0.296926 0.05434112/18/2013 36.36 36.6 35.53 36.58 63192100 35.35345 0.297827 0.14635812/17/2013 36.94 37.11 36.33 36.52 45687700 35.29546 0.304303 0.15653312/16/2013 36.73 37 36.54 36.89 31734200 35.65305 0.317517 0.08015612/13/2013 37.42 37.45 36.62 36.69 40066100 35.45975 0.321459 0.12957312/12/2013 37.64 37.64 37.18 37.22 36012800 35.97198 0.350545 -0.03886412/11/2013 38.06 38.3 37.39 37.61 39853400 36.34891 0.364697 0.22672812/10/2013 38.61 38.9 38.02 38.11 37828600 36.83214 0.378434 0.159322

12/9/2013 38.56 38.87 38.37 38.71 30286000 37.41202 0.407109 0.06244512/6/2013 38.42 38.55 37.99 38.36 36457300 37.07376 0.384047 -0.00563512/5/2013 38.85 38.88 37.18 38 1.16E+08 36.72583 0.377869 -0.00187712/4/2013 38.21 38.98 38.12 38.94 51983600 37.63431 0.415973 0.13122212/3/2013 38.14 38.49 38.08 38.31 52109800 37.02544 0.396046 0.44153612/2/2013 38.09 38.78 38.06 38.45 42950400 37.16074 0.396168 0.113095

11/29/2013 37.82 38.29 37.82 38.13 22090400 36.85147 0.395458 0.20827211/27/2013 37.57 37.76 37.49 37.6 26002100 36.33924 0.376555 0.04202911/26/2013 37.57 37.65 37.35 37.35 34465300 36.09763 0.369365 0.29382711/25/2013 37.93 37.95 37.57 37.64 30646800 36.3779 0.37359 0.19789411/22/2013 37.53 37.68 37.33 37.57 27982000 36.31025 0.364215 0.07607611/21/2013 37.27 37.53 37.26 37.4 23064700 36.14595 0.360459 -0.00725811/20/2013 36.92 37.41 36.86 37.08 32229900 35.83668 0.336449 -0.02054911/19/2013 36.85 37.23 36.67 36.74 44275000 35.50808 0.333602 -0.06311511/18/2013 37.35 37.58 37.07 37.2 53277500 35.68204 0.349725 0.06821511/15/2013 37.95 38.02 37.72 37.84 50601300 36.29593 0.380355 0.38612311/14/2013 37.87 38.13 37.72 38.02 46183700 36.46858 0.386422 0.06011511/13/2013 36.98 38.16 36.9 38.16 44957600 36.60287 0.413897 0.49037311/12/2013 37.38 37.6 37.2 37.36 31651600 35.83551 0.384256 0.15010711/11/2013 37.69 37.78 37.35 37.59 26872500 36.05613 0.373211 0.094812

11/8/2013 37.67 37.78 37.34 37.78 36737800 36.23838 0.393707 0.080611/7/2013 37.96 38.01 37.43 37.5 60437400 35.9698 0.364516 0.08034911/6/2013 37.24 38.22 37.06 38.18 88948800 36.62206 0.380344 -0.12529611/5/2013 35.79 36.71 35.77 36.64 51681900 35.14489 0.337542 0.24017811/4/2013 35.59 35.98 35.55 35.94 28060700 34.47346 0.310585 0.00853211/1/2013 35.67 35.69 35.39 35.53 40264600 34.08019 0.296096 -0.059404

10/31/2013 35.66 35.69 35.34 35.41 41682300 33.96508 0.298669 0.02336810/30/2013 35.53 35.79 35.43 35.54 36997700 34.08978 0.304372 -0.01928610/29/2013 35.63 35.72 35.26 35.52 31702200 34.0706 0.318307 -0.16395910/28/2013 35.61 35.73 35.27 35.57 38383600 34.11856 0.333229 0.0655310/25/2013 35.88 36.29 35.47 35.73 1.13E+08 34.27203 0.336287 0.2447410/24/2013 33.82 34.1 33.57 33.72 53209700 32.34405 0.253777 0.42369810/23/2013 34.35 34.49 33.67 33.76 58600500 32.38241 0.258008 0.22921310/22/2013 35.02 35.1 34.52 34.58 40438500 33.16896 0.265958 0.1544810/21/2013 34.98 35.2 34.91 34.99 27433500 33.56223 0.303367 0.02424210/18/2013 34.82 34.99 34.33 34.96 41811700 33.53345 0.283546 0.154610/17/2013 34.45 34.99 34.37 34.92 31359200 33.49508 0.274754 0.22662510/16/2013 34.6 34.9 34.56 34.64 35111600 33.22651 0.269063 0.17339610/15/2013 34.67 34.99 34.47 34.49 47097800 33.08263 0.264928 -0.018038

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10/14/2013 33.9 34.5 33.78 34.45 27757900 33.04426 0.274893 0.13837610/11/2013 33.68 34.14 33.68 34.13 30033300 32.73732 0.263965 0.13547910/10/2013 33.31 33.89 33.26 33.76 42875100 32.38241 0.271446 -0.096153

10/9/2013 33.07 33.35 32.96 33.07 35878600 31.72057 0.240889 0.25306210/8/2013 33.31 33.33 32.8 33.01 41017600 31.66302 0.238638 0.23627210/7/2013 33.6 33.71 33.2 33.3 35069300 31.94118 0.259223 0.0389810/4/2013 33.69 33.99 33.62 33.88 33008100 32.49752 0.273151 0.28216410/3/2013 33.88 34 33.42 33.86 38703800 32.47833 0.287542 0.06633610/2/2013 33.36 34.03 33.29 33.92 46946800 32.53588 0.292707 0.01424310/1/2013 33.35 33.61 33.3 33.58 36718700 32.20976 0.297645 0.1119839/30/2013 33 33.31 32.7 33.28 39839500 31.922 0.274492 0.0695269/27/2013 32.88 33.75 32.87 33.27 55348000 31.91241 0.281308 0.0279669/26/2013 32.64 33 32.59 32.77 28504000 31.43281 0.255431 0.0776949/25/2013 32.49 32.8 32.4 32.51 28907500 31.18342 0.243142 0.2654379/24/2013 32.87 32.87 32.15 32.45 40685000 31.12587 0.217625 0.2174549/23/2013 32.54 32.97 32.5 32.74 39826100 31.40404 0.212049 0.2907839/20/2013 33.41 33.48 32.69 32.79 1.03E+08 31.452 0.255257 0.3229979/19/2013 33.48 33.68 33.32 33.64 42026600 32.26731 0.295557 0.1013039/18/2013 32.99 33.4 32.83 33.32 64099900 31.96037 0.263718 -0.0688619/17/2013 33.42 33.47 32.9 32.93 84716500 31.58628 0.253577 0.0312029/16/2013 33.38 33.5 32.73 32.8 52839700 31.46159 0.239399 0.2000699/13/2013 32.77 33.07 32.51 33.03 40899000 31.6822 0.230358 0.154739/12/2013 32.72 32.78 32.59 32.69 32860200 31.35607 0.207574 -0.1168619/11/2013 32.57 32.93 32.53 32.74 39087500 31.40404 0.225807 0.2813059/10/2013 31.9 32.4 31.79 32.39 56881200 31.06832 0.201702 0.260441

9/9/2013 31.22 31.79 31.2 31.66 49628500 30.3681 0.194557 0.089099/6/2013 31.31 31.39 31.13 31.15 75434900 29.87892 0.188028 0.2894949/5/2013 31.1 31.44 30.95 31.23 71644900 29.95565 0.177898 -0.0754399/4/2013 31.39 31.47 31.11 31.2 1.42E+08 29.92688 0.171151 0.1386799/3/2013 31.75 32.07 31.29 31.88 1.55E+08 30.57913 0.193171 0.15764

8/30/2013 33.37 33.48 33.09 33.4 42790200 32.03711 0.267693 0.2001528/29/2013 32.93 33.6 32.8 33.55 45284700 32.18098 0.296486 -0.1343818/28/2013 33.39 33.6 33 33.02 44257400 31.67261 0.263116 0.0464888/27/2013 33.52 34.1 33.15 33.26 58522300 31.90281 0.275159 0.2078758/26/2013 34.4 34.67 34.03 34.15 72786800 32.7565 0.324176 0.0494578/23/2013 35.17 35.2 34 34.75 2.25E+08 33.33202 0.344383 0.1721868/22/2013 32.19 32.49 32.1 32.39 31169900 31.06832 0.244137 0.2320328/21/2013 31.61 32.01 31.54 31.61 37409100 30.32015 0.199309 0.0933218/20/2013 31.44 31.9 31.37 31.62 22979600 30.32974 0.18171 0.3245378/19/2013 31.76 31.97 31.38 31.39 27902500 30.10912 0.185244 0.1961828/16/2013 31.79 31.99 31.66 31.8 32866300 30.50239 0.187135 0.3429478/15/2013 32 32.18 30.84 31.79 33338000 30.4928 0.173481 0.1363768/14/2013 32.14 33.36 31.7 32.35 48519600 31.02995 0.227385 0.3580038/13/2013 32.51 32.55 32.21 32.23 39464100 30.91484 0.233819 0.4102398/12/2013 32.46 32.97 32.46 32.87 25493700 31.30812 0.24858 0.128254

8/9/2013 32.77 32.9 32.47 32.7 26800700 31.14619 0.251958 0.1957958/8/2013 32.24 33.07 32.05 32.89 59034400 31.32717 0.25262 0.3376598/7/2013 31.54 32.1 31.25 32.06 38078600 30.53661 0.212821 0.093874

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8/6/2013 31.55 31.67 31.38 31.58 36331500 30.07941 0.183637 0.3049398/5/2013 31.9 32 31.64 31.7 30984000 30.19371 0.149932 0.133538/2/2013 31.69 31.9 31.57 31.89 29199900 30.37468 0.132347 0.1472118/1/2013 32.06 32.09 31.6 31.67 42557900 30.16514 0.125316 -0.011974

7/31/2013 31.97 32.05 31.71 31.84 43898400 30.32706 0.120852 -0.1225447/30/2013 31.78 32.12 31.55 31.85 45799500 30.33658 0.091916 -0.0469017/29/2013 31.47 31.6 31.4 31.54 28870700 30.04132 0.089682 0.013187/26/2013 31.26 31.62 31.21 31.62 38633600 30.11751 0.09726 0.0761097/25/2013 31.62 31.65 31.25 31.39 63213000 29.89844 0.08854 0.2423677/24/2013 32.04 32.19 31.89 31.96 52803100 30.44136 0.146364 -0.0108247/23/2013 31.91 32.04 31.71 31.82 65810400 30.30801 0.154694 0.1296127/22/2013 31.7 32.01 31.6 32.01 79040700 30.48898 0.175338 0.0588087/19/2013 32.4 32.67 31.02 31.4 2.48E+08 29.90797 0.152114 0.1607737/18/2013 35.72 35.89 35.22 35.44 49547100 33.756 0.293393 -0.0018337/17/2013 36.34 36.39 35.49 35.74 37285100 34.04174 0.306671 0.1832597/16/2013 36.01 36.43 35.96 36.27 36378500 34.54656 0.296416 0.0480137/15/2013 35.66 36.22 35.58 36.17 34142600 34.45131 0.255151 0.2189997/12/2013 35.58 35.73 35.28 35.67 35501200 33.97507 0.234036 0.0591727/11/2013 35 35.77 34.9 35.69 53638300 33.99412 0.238915 0.0838657/10/2013 34.34 34.81 34.32 34.7 29658800 33.05116 0.203732 0.076393

7/9/2013 34.58 34.6 34.14 34.35 25318500 32.71779 0.204242 0.3923167/8/2013 34.35 34.59 33.98 34.33 32396900 32.69874 0.213933 0.2080657/5/2013 34.09 34.24 33.58 34.21 26085900 32.58444 0.208438 0.3148257/3/2013 33.66 34.37 33.6 34.01 15994400 32.39394 0.189064 -0.0040857/2/2013 34.41 34.44 33.63 33.94 37630000 32.32727 0.166694 0.2045377/1/2013 34.75 34.99 34.33 34.36 31055400 32.72732 0.178362 0.155024

6/28/2013 34.38 34.79 34.34 34.54 65545500 32.89876 0.177434 0.2436756/27/2013 34.52 34.78 34.5 34.62 28993100 32.97496 0.186881 0.0483386/26/2013 34.12 34.48 33.89 34.35 48665900 32.71779 0.185565 -0.0334466/25/2013 34.08 34.38 33.46 33.67 44073400 32.0701 0.168794 0.1237676/24/2013 32.94 34.2 32.57 33.72 56109000 32.11773 0.15991 0.0641846/21/2013 33.66 33.73 33.05 33.27 85338500 31.68911 0.129253 0.0615956/20/2013 34.26 34.33 33.37 33.49 54493700 31.89866 0.136343 0.0781336/19/2013 34.96 35.09 34.59 34.59 30816200 32.94639 0.165171 0.2220936/18/2013 34.97 35.17 34.9 34.98 28616500 33.31786 0.163378 0.2524656/17/2013 34.69 35.16 34.63 35 49670100 33.33691 0.148742 0.216956/14/2013 34.55 34.69 34.25 34.4 53192600 32.76542 0.119715 0.074226/13/2013 34.99 35.02 34.59 34.72 45654900 33.07021 0.14469 0.0003536/12/2013 35.14 35.27 34.85 35 37372700 33.33691 0.14911 0.0836636/11/2013 35.05 35.18 34.68 34.84 39435900 33.18451 0.142758 0.2050226/10/2013 35.51 35.65 35.14 35.47 35994500 33.78457 0.163422 -0.108069

6/7/2013 35.25 35.78 35.06 35.67 40757300 33.97507 0.180192 0.1726056/6/2013 34.84 35.11 34.49 34.96 37618500 33.29881 0.162713 0.1130336/5/2013 34.6 34.89 34.43 34.78 46025100 33.12736 0.156351 0.2255766/4/2013 35.62 35.74 34.77 34.99 65529500 33.32738 0.165984 0.2411166/3/2013 34.92 35.63 34.83 35.59 51252600 33.89887 0.177164 -0.027431

5/31/2013 34.82 35.28 34.79 34.9 56165700 33.24166 0.139614 -0.2564445/30/2013 34.85 35.25 34.81 35.03 51131000 33.36548 0.179993 -0.087291

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5/29/2013 34.74 35.02 34.57 34.88 38412200 33.22261 0.17494 0.2869435/28/2013 34.42 35.18 34.41 35.02 48212100 33.35595 0.163197 0.2882745/24/2013 33.92 34.28 33.9 34.27 33174400 32.64159 0.157057 0.167525/23/2013 34.23 34.55 33.9 34.15 51102700 32.52729 0.140591 -0.1676555/22/2013 34.79 34.84 34.36 34.61 66047500 32.96544 0.15671 0.0296255/21/2013 35.1 35.27 34.72 34.85 48702400 33.19403 0.162453 0.21445/20/2013 34.73 35.1 34.68 35.08 54020800 33.41311 0.175103 -0.0314825/17/2013 34.13 34.87 34.1 34.87 60666700 33.21308 0.179649 0.0086725/16/2013 33.64 34.15 33.55 34.08 59382900 32.46062 0.142353 0.268035/15/2013 33.45 33.9 33.43 33.85 46303900 32.24155 0.125065 0.1023745/14/2013 32.86 33.53 32.8 33.53 56870100 31.93675 0.116604 0.0064735/13/2013 32.61 33.07 32.55 33.03 36027600 31.24144 0.086638 0.2670785/10/2013 32.67 32.72 32.32 32.69 36394900 30.91985 0.079646 0.138761

5/9/2013 32.85 33 32.59 32.66 46417800 30.89148 0.099371 0.0874635/8/2013 33.07 33.24 32.65 32.99 51595700 31.20361 0.113059 0.0195195/7/2013 33.65 33.79 33.24 33.31 43078300 31.50628 0.121622 0.2416545/6/2013 33.42 33.91 33.25 33.75 40978300 31.92245 0.135317 -0.0120955/3/2013 33.23 33.52 33.08 33.49 46784600 31.67653 0.123616 0.2164245/2/2013 32.63 33.17 32.39 33.16 46059500 31.3644 0.11878 0.1468695/1/2013 32.93 33.08 32.6 32.72 54330900 30.94823 0.106489 0.16718

4/30/2013 32.56 33.11 32.28 33.1 75165200 31.30765 0.130925 0.3559134/29/2013 31.8 32.68 31.77 32.61 59116400 30.84418 0.121673 0.0978284/26/2013 31.9 31.98 31.45 31.79 47799300 30.06859 0.114446 0.1411054/25/2013 31.71 32.84 31.54 31.94 1.11E+08 30.21046 0.111328 0.0908714/24/2013 30.62 31.92 30.6 31.76 90946600 30.04021 0.102816 0.2196054/23/2013 30.7 30.9 30.38 30.6 59126900 28.94303 0.056443 -0.0092774/22/2013 30.3 31.18 30.27 30.83 1.38E+08 29.16057 0.060091 0.3067194/19/2013 29.62 30.24 29.61 29.77 99790700 28.15797 0.044706 0.3096364/18/2013 28.95 28.98 28.5 28.79 56906600 27.23104 0.021879 -0.0915234/17/2013 28.85 29.04 28.6 28.83 52840700 27.26887 0.012065 0.0813274/16/2013 28.9 29.14 28.7 28.97 52797300 27.40129 0.012465 0.1279544/15/2013 28.65 28.98 28.51 28.69 56332900 27.13645 -0.025284 0.1864864/12/2013 28.85 29.02 28.66 28.79 62886300 27.23104 -0.039427 0.0364564/11/2013 29.1 29.2 28.73 28.94 1.31E+08 27.37291 -0.027446 0.1775044/10/2013 29.57 30.32 29.52 30.28 71116700 28.64035 0.044689 -0.092181

4/9/2013 28.73 29.82 28.68 29.61 77733800 28.00663 0.029208 0.0183434/8/2013 28.73 28.73 28.47 28.59 34759500 27.04187 -0.004555 0.2410044/5/2013 28.22 28.78 28.11 28.7 50927300 27.14591 0.025801 0.4518414/4/2013 28.39 28.61 28.27 28.6 45263200 27.05132 -0.001148 0.0654164/3/2013 28.75 28.95 28.54 28.56 35062800 27.01349 -0.017302 0.1574544/2/2013 28.59 28.85 28.52 28.8 28456500 27.24049 -0.017633 0.1775914/1/2013 28.64 28.66 28.36 28.61 29201100 27.06078 -0.030256 0.182295

3/28/2013 28.32 28.66 28.26 28.61 55453800 27.06078 -0.046366 0.426183/27/2013 28.14 28.45 28.08 28.37 36047400 26.83378 -0.056209 0.1593363/26/2013 28.24 28.34 28.11 28.16 27824300 26.63515 -0.057065 -0.1175193/25/2013 28.3 28.35 27.96 28.16 44154000 26.63515 -0.057989 0.0141513/22/2013 28.19 28.34 28.1 28.25 28720900 26.72028 -0.033494 -0.012293/21/2013 28.11 28.36 28.05 28.11 34233200 26.58786 -0.046572 0.019401

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3/20/2013 28.34 28.49 28.18 28.32 35447800 26.78649 -0.034649 -0.0303043/19/2013 28.12 28.22 28.03 28.18 51901600 26.65407 -0.034598 0.379833/18/2013 27.88 28.28 27.81 28.1 44809400 26.5784 -0.063365 0.2929493/15/2013 28.03 28.16 27.98 28.04 92710300 26.52165 -0.047999 0.0800773/14/2013 28 28.16 27.93 28.14 55914800 26.61623 -0.069006 0.1435823/13/2013 27.87 28.02 27.75 27.92 29093400 26.40815 -0.069365 0.4105233/12/2013 27.84 27.95 27.64 27.91 39255200 26.39869 -0.042886 0.0471923/11/2013 27.94 27.97 27.67 27.87 36627500 26.36085 -0.049989 0.139246

3/8/2013 28.25 28.33 27.96 28 37667800 26.48381 -0.023437 -0.0236823/7/2013 28.11 28.28 28.01 28.14 29196700 26.61623 -0.011478 0.1721253/6/2013 28.21 28.23 27.78 28.09 51448500 26.56894 -0.018625 0.3333233/5/2013 28.29 28.54 28.16 28.35 41432200 26.81486 0.003824 0.1043813/4/2013 27.85 28.15 27.7 28.15 38157500 26.62569 -0.02847 0.2293053/1/2013 27.72 27.98 27.52 27.95 34849700 26.43652 -0.021512 0.132437

2/28/2013 27.88 27.97 27.74 27.8 35840200 26.29464 -0.030742 0.1135012/27/2013 27.42 28 27.33 27.81 36394700 26.3041 -0.001826 0.1456062/26/2013 27.38 27.6 27.34 27.37 49923300 25.88793 -0.018995 0.0740292/25/2013 27.97 28.05 27.37 27.37 48011800 25.88793 -0.015547 0.0197762/22/2013 27.68 27.76 27.48 27.76 31425900 26.25681 -0.026832 0.3234722/21/2013 27.74 27.74 27.23 27.49 49078500 26.00143 -0.041224 0.1679332/20/2013 28.13 28.2 27.83 27.87 44110200 26.36085 -0.035205 0.0049872/19/2013 27.88 28.09 27.8 28.05 38781400 26.53111 -0.012266 0.426392/15/2013 28.04 28.16 27.88 28.01 49650900 26.27573 -0.02211 0.3113142/14/2013 27.92 28.06 27.87 28.04 32663200 26.30387 -0.022408 0.0658382/13/2013 27.93 28.11 27.88 28.03 41715600 26.29449 -0.044101 0.2164372/12/2013 27.88 28 27.75 27.88 35990900 26.15377 -0.048897 -0.0161782/11/2013 27.65 27.92 27.5 27.86 32247700 26.13501 -0.033994 0.095084

2/8/2013 27.35 27.71 27.31 27.55 33318500 25.84421 -0.059206 0.4027752/7/2013 27.35 27.39 27.1 27.28 38028300 25.59093 -0.074034 0.1307282/6/2013 27.38 27.54 27.25 27.34 41889600 25.64721 -0.08152 0.1846342/5/2013 27.62 27.66 27.36 27.5 35410400 25.7973 -0.084329 0.227632/4/2013 27.87 28.02 27.42 27.44 50540000 25.74102 -0.100402 -0.0182292/1/2013 27.67 28.05 27.55 27.93 55565900 26.20068 -0.071826 0.176976

1/31/2013 27.79 27.97 27.4 27.45 50530000 25.7504 -0.088371 0.1343931/30/2013 28.01 28.19 27.76 27.85 43580500 26.12563 -0.067203 0.1664261/29/2013 27.82 28.13 27.6 28.01 49242600 26.27573 -0.066435 -0.2444421/28/2013 28.01 28.23 27.76 27.91 56056500 26.18192 -0.079676 0.3485231/25/2013 27.58 28.23 27.39 27.88 81847700 26.15377 -0.103244 -0.0028441/24/2013 27.7 28.07 27.47 27.63 1.02E+08 25.91925 -0.112403 0.0658421/23/2013 27.2 27.64 27.2 27.61 50387700 25.90049 -0.118864 0.193941/22/2013 27.3 27.45 27 27.15 58650600 25.46897 -0.133815 0.2316271/18/2013 27.1 27.29 27.04 27.25 52167700 25.56278 -0.129537 0.1442331/17/2013 27.19 27.47 27.06 27.25 51685900 25.56278 -0.133062 0.1651291/16/2013 27.15 27.23 27.01 27.04 41077400 25.36579 -0.142147 0.2506721/15/2013 26.83 27.29 26.83 27.21 48244500 25.52526 -0.129181 0.138041/14/2013 26.9 27.08 26.76 26.89 48324400 25.22507 -0.144781 0.1019011/11/2013 26.49 26.93 26.28 26.83 55512100 25.16879 -0.154585 0.0724071/10/2013 26.65 26.98 26.29 26.46 71431300 24.8217 -0.128334 -0.020096

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1/9/2013 26.72 26.75 26.56 26.7 49047900 25.04684 -0.124099 0.0905121/8/2013 26.75 26.79 26.46 26.55 44703100 24.90612 -0.137331 0.2972431/7/2013 26.77 26.88 26.64 26.69 37110400 25.03746 -0.122737 0.1696181/4/2013 27.27 27.34 26.73 26.74 52521100 25.08436 -0.113392 0.1259561/3/2013 27.63 27.65 27.16 27.25 48294400 25.56278 -0.10144 0.3159251/2/2013 27.25 27.73 27.15 27.62 52899300 25.90987 -0.070334 0.107842

12/31/2012 26.59 26.77 26.37 26.71 42749500 25.05622 -0.104504 0.12116912/28/2012 26.71 26.9 26.55 26.55 28239900 24.90612 -0.1279 0.13332412/27/2012 26.89 27.09 26.57 26.96 39394000 25.29074 -0.126233 -0.09593812/26/2012 27.03 27.2 26.7 26.86 31631100 25.19693 -0.120827 0.29450712/24/2012 27.2 27.25 27 27.06 20842400 25.38455 -0.134524 -0.03254712/21/2012 27.45 27.49 27 27.45 98776500 25.7504 -0.131567 0.1356212/20/2012 27.36 27.68 27.15 27.68 52607300 25.96616 -0.123476 0.03123312/19/2012 27.69 27.73 27.25 27.31 53519900 25.61907 -0.131423 0.11440512/18/2012 27.25 27.63 27.14 27.56 50486900 25.85359 -0.125378 -0.035812/17/2012 26.79 27.22 26.68 27.1 42046100 25.42207 -0.148704 0.00848312/14/2012 27.11 27.13 26.7 26.81 42077500 25.15002 -0.159622 0.02799912/13/2012 27.32 27.52 26.95 27.11 45080100 25.43145 -0.134821 0.31121812/12/2012 27.53 27.62 27.08 27.24 43966300 25.5534 -0.130401 0.08111612/11/2012 27.05 27.49 27.05 27.32 52282800 25.62845 -0.125387 -0.01584612/10/2012 26.56 26.97 26.52 26.94 47031100 25.27198 -0.139709 0.088906

12/7/2012 26.82 26.82 26.37 26.46 46162100 24.8217 -0.160548 0.06936312/6/2012 26.81 26.98 26.61 26.73 39182300 25.07498 -0.162387 0.06623512/5/2012 26.38 26.93 26.26 26.67 68283800 25.01869 -0.170627 0.01709912/4/2012 26.5 26.63 26.34 26.37 49777500 24.73727 -0.177955 0.04218712/3/2012 26.78 26.82 26.4 26.43 53173800 24.79355 -0.173562 0.034166

11/30/2012 27.05 27.13 26.49 26.62 83690200 24.97179 -0.151254 0.38675811/29/2012 27.11 27.36 26.86 26.95 69551400 25.28136 -0.13939 0.25703311/28/2012 27.01 27.39 26.77 27.36 53018400 25.66597 -0.126843 0.21007711/27/2012 27.36 27.38 27.04 27.08 45018600 25.40331 -0.131164 0.14906311/26/2012 27.54 27.58 27.17 27.39 85198700 25.69411 -0.113422 0.24071411/23/2012 27.23 27.77 27.2 27.7 57845700 25.98492 -0.110154 0.24812311/21/2012 26.71 27.17 26.67 26.95 66360300 25.28136 -0.141804 0.10050611/20/2012 26.76 26.8 26.46 26.71 47070400 25.05622 -0.154978 -0.01547711/19/2012 26.8 26.8 26.47 26.73 57179300 25.07498 -0.139692 0.34485511/16/2012 26.67 26.7 26.34 26.52 64083300 24.87798 -0.149932 0.12219611/15/2012 26.88 26.97 26.63 26.66 50955600 25.00931 -0.13127 0.14595211/14/2012 27.24 27.29 26.8 26.84 76086100 25.17817 -0.129017 0.0118611/13/2012 27.02 27.3 26.75 27.09 1.32E+08 25.41269 -0.117821 0.02350411/12/2012 28.94 29.01 28.21 28.22 61112300 26.25696 -0.085598 0.07912

11/9/2012 28.88 29.19 28.81 28.83 43291200 26.82453 -0.070884 0.1309611/8/2012 29.12 29.37 28.8 28.81 49841800 26.80592 -0.065883 0.30284411/7/2012 29.53 29.83 29.05 29.08 57871800 27.05714 -0.058334 0.28063611/6/2012 29.82 30.2 29.61 29.86 43401500 27.78288 0.006823 -0.00157611/5/2012 29.62 29.74 29.33 29.63 38070800 27.56888 -0.007537 0.23773611/2/2012 29.59 29.77 29.33 29.5 57131600 27.44793 -0.01612 0.07768311/1/2012 28.84 29.56 28.82 29.52 72047900 27.46654 -0.01287 0.00744

10/31/2012 28.55 28.88 28.5 28.54 69464100 26.55471 -0.054015 0.284806

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10/26/2012 27.86 28.34 27.84 28.21 57790000 26.24766 -0.061599 -0.00595110/25/2012 28.19 28.2 27.86 27.88 54084300 25.94061 -0.063104 0.19447510/24/2012 28.16 28.2 27.87 27.9 53320400 25.95922 -0.057774 0.08548110/23/2012 27.77 28.2 27.76 28.05 64414800 26.09879 -0.053961 0.04167110/22/2012 28.73 28.83 27.83 28 83374000 26.05227 -0.046504 0.1964310/19/2012 29.05 29.08 28.5 28.64 90470800 26.64775 -0.022752 0.15811310/18/2012 29.65 29.73 29.26 29.5 59238500 27.44793 0.018864 -0.22077610/17/2012 29.3 29.64 29.09 29.59 44206100 27.53167 0.019211 0.18312910/16/2012 29.45 29.74 29.32 29.49 47739400 27.43862 0.028972 0.00230710/15/2012 29.37 29.72 29.25 29.51 42440200 27.45723 0.020246 0.2352110/12/2012 28.97 29.32 28.8 29.2 46464700 27.16879 0.007479 0.13869310/11/2012 29.22 29.25 28.87 28.95 41488500 26.93619 0.006343 0.06858710/10/2012 29.15 29.31 28.95 28.98 47227100 26.9641 -0.005829 0.139955

10/9/2012 29.68 29.74 29.18 29.28 45121100 27.24323 0.005139 0.04894610/8/2012 29.64 29.92 29.55 29.78 29752000 27.70845 0.080108 0.06398710/5/2012 30.23 30.25 29.74 29.85 41133900 27.77358 0.078428 0.10582310/4/2012 29.97 30.03 29.57 30.03 43634900 27.94106 0.083779 0.01916710/3/2012 29.75 29.99 29.67 29.86 46655900 27.78288 0.078025 0.18131110/2/2012 29.68 29.89 29.5 29.66 43338900 27.5968 0.080366 0.2506410/1/2012 29.81 29.98 29.42 29.49 54042700 27.43862 0.085024 0.2665659/28/2012 30.18 30.26 29.74 29.76 54229300 27.68984 0.090238 0.0898739/27/2012 30.17 30.4 29.89 30.16 47129900 28.06202 0.108875 0.1935979/26/2012 30.28 30.6 30.04 30.17 54672000 28.07132 0.094642 -0.0298199/25/2012 30.95 31 30.36 30.39 54266400 28.27601 0.119753 0.1761569/24/2012 31 31.07 30.64 30.78 46825900 28.63889 0.145713 0.1051699/21/2012 31.43 31.61 31.09 31.19 1.02E+08 29.02037 0.188296 0.3100469/20/2012 30.95 31.48 30.91 31.45 45543000 29.26228 0.235588 0.1837269/19/2012 31.09 31.19 31.04 31.05 48871900 28.8901 0.21706 0.0545819/18/2012 31.1 31.21 31.03 31.18 34542700 29.01106 0.231622 0.4404159/17/2012 31.19 31.26 31.04 31.21 36488500 29.03897 0.222391 -0.0206759/14/2012 31.01 31.25 30.81 31.21 51422800 29.03897 0.222861 -0.1797199/13/2012 30.89 31.18 30.4 30.94 45047300 28.78776 0.222616 0.1467869/12/2012 30.94 31.18 30.73 30.78 32775800 28.63889 0.218654 0.0554659/11/2012 30.69 30.91 30.61 30.79 25191800 28.64819 0.206405 0.1677599/10/2012 30.83 30.9 30.51 30.72 40524000 28.58306 0.227236 0.317401

9/7/2012 31.04 31.07 30.73 30.95 42649100 28.79706 0.214074 0.1150989/6/2012 30.5 31.36 30.46 31.35 48371700 29.16924 0.250934 0.1670129/5/2012 30.22 30.53 30.21 30.39 33650000 28.27601 0.211206 0.3204079/4/2012 30.45 30.66 30.15 30.39 48556700 28.27601 0.203213 0.38021

8/31/2012 30.6 30.96 30.38 30.82 36590100 28.6761 0.232196 0.2514528/30/2012 30.53 30.61 30.22 30.32 23982100 28.21088 0.203244 0.1797038/29/2012 30.65 30.75 30.44 30.65 23346800 28.51793 0.230706 0.1836628/28/2012 30.7 30.8 30.52 30.63 23947900 28.49932 0.220295 0.0807648/27/2012 30.93 30.96 30.59 30.69 34691100 28.55515 0.219826 0.1281238/24/2012 30.25 30.63 30.18 30.56 22943300 28.43419 0.212768 0.1782658/23/2012 30.39 30.4 30.08 30.26 28355600 28.15506 0.223719 -0.0414688/22/2012 30.59 30.76 30.47 30.54 33437400 28.41558 0.23211 -0.1018878/21/2012 30.76 30.96 30.61 30.8 28822700 28.6575 0.228027 0.196107

Page 15: Markowitz Final

8/20/2012 30.82 30.85 30.58 30.74 23737700 28.60167 0.262147 -0.1535658/17/2012 30.92 30.92 30.59 30.9 32589900 28.75054 0.267186 0.1106228/16/2012 30.36 30.94 30.26 30.78 35787200 28.63889 0.291874 0.3037198/15/2012 30.11 30.28 30.02 30.2 24351000 28.09923 0.258724 0.0680528/14/2012 30.3 30.39 30.01 30.13 34551400 28.0341 0.239596 0.0868328/13/2012 30.35 30.46 30.16 30.39 23049100 28.08993 0.231631 0.0329198/10/2012 30.5 30.62 30.25 30.42 27810300 28.11766 0.218229 0.083598

8/9/2012 30.39 30.65 30.3 30.5 24920800 28.1916 0.209954 0.0006858/8/2012 30.21 30.47 30.11 30.33 26257600 28.03447 0.178749 0.0846798/7/2012 30.07 30.35 29.87 30.26 28002900 27.96977 0.146562 0.2308148/6/2012 30 30.11 29.81 29.95 27471800 27.68323 0.142507 0.0859868/3/2012 29.53 29.94 29.48 29.75 35859400 27.49837 0.128552 0.0697858/2/2012 29.21 29.53 28.97 29.19 39520500 26.98075 0.133853 0.2381698/1/2012 29.59 29.65 29.21 29.41 31721800 27.1841 0.145887 -0.225912

7/31/2012 29.48 29.71 29.33 29.47 37620900 27.23956 0.10764 -0.0272637/30/2012 29.75 29.82 29.46 29.64 28905000 27.39669 0.128994 0.0949437/27/2012 29.48 29.85 29.18 29.76 44242600 27.50761 0.157316 0.3096697/26/2012 29.23 29.5 29.09 29.16 45301400 26.95302 0.122014 0.4003877/25/2012 29.24 29.33 28.78 28.83 45579500 26.648 0.131495 0.3235187/24/2012 29.24 29.36 28.9 29.15 47723300 26.94378 0.144934 0.1490127/23/2012 29.57 29.58 29.01 29.28 55151900 27.06394 0.122401 0.065787/20/2012 31 31.05 30.05 30.12 64021700 27.84036 0.139623 -0.0431797/19/2012 30.51 30.8 30.38 30.67 46663200 28.34874 0.148935 0.1825937/18/2012 29.6 30.45 29.46 30.45 41090400 28.14539 0.169007 -0.1090387/17/2012 29.64 29.86 29.2 29.66 33771300 27.41518 0.129334 -0.0348877/16/2012 29.48 29.53 29.04 29.44 27900600 27.21183 0.105291 -0.0823287/13/2012 28.76 29.48 28.72 29.39 39085000 27.16561 0.104633 0.1535137/12/2012 29.15 29.18 28.54 28.63 63523600 26.46313 0.080843 0.1696517/11/2012 29.71 29.74 29.11 29.3 39184900 27.08242 0.102468 0.3242157/10/2012 30.08 30.22 29.51 29.74 37534100 27.48912 0.111648 0.082472

7/9/2012 30.12 30.23 29.78 30 30680800 27.72945 0.135083 0.0739367/6/2012 30.61 30.7 29.95 30.19 38294800 27.90507 0.130124 0.3653997/5/2012 30.59 30.78 30.38 30.7 28801900 28.37647 0.153021 -0.0387137/3/2012 30.23 30.76 30.17 30.76 20938100 28.43192 0.164701 0.1514427/2/2012 30.62 30.62 30.21 30.56 30589100 28.24706 0.155414 -0.040388

6/29/2012 30.45 30.69 30.14 30.59 55227200 28.27479 0.159124 -0.2257646/28/2012 29.98 30.05 29.42 29.91 45328400 27.64626 0.163149 0.2691216/27/2012 30.19 30.5 30.03 30.17 33781700 27.88658 0.169251 0.1225126/26/2012 30 30.27 29.94 30.02 38421300 27.74793 0.183659 0.1634036/25/2012 30.3 30.32 29.62 29.87 42217200 27.60929 0.203308 0.3968486/22/2012 30.3 30.73 30.03 30.7 45098100 28.37647 0.277583 0.1847376/21/2012 30.96 31.14 30.06 30.14 48456600 27.85885 0.236137 0.1195056/20/2012 30.93 31.05 30.64 30.93 36257100 28.58906 0.240624 0.1599066/19/2012 30.19 31.11 30.05 30.7 75725800 28.37647 0.225141 0.0496816/18/2012 29.99 30.03 29.71 29.84 58679900 27.58156 0.186646 -0.0582496/15/2012 29.59 30.08 29.49 30.02 62314400 27.74793 0.204597 0.3385266/14/2012 29.33 29.46 28.88 29.34 39458900 27.1194 0.195163 -0.1417966/13/2012 29.22 29.44 29.05 29.13 32984600 26.92529 0.186609 0.457855

Page 16: Markowitz Final

6/12/2012 29.1 29.3 28.84 29.29 35337900 27.07318 0.150433 0.1460226/11/2012 29.73 29.81 28.82 28.9 46361900 26.7127 0.093463 0.168916

6/8/2012 29.21 29.68 29.05 29.65 42551100 27.40594 0.112357 0.2455266/7/2012 29.64 29.7 29.17 29.23 37792800 27.01772 0.100239 -0.0916466/6/2012 28.88 29.37 28.81 29.35 46860500 27.12864 0.110077 0.0696536/5/2012 28.51 28.75 28.39 28.51 45715400 26.35222 0.098246 0.2328236/4/2012 28.62 28.78 28.32 28.55 47926300 26.38919 0.119214 0.2993266/1/2012 28.76 28.96 28.44 28.45 56634300 26.29676 0.121756 -0.230246

5/31/2012 29.3 29.42 28.94 29.19 39134000 26.98075 0.157641 0.2114955/30/2012 29.35 29.48 29.12 29.34 41585500 27.1194 0.142288 0.2058685/29/2012 29.38 29.72 29.22 29.56 37758800 27.32275 0.160591 0.25125/25/2012 29.2 29.36 29.01 29.06 29507200 26.86059 0.162876 0.2544695/24/2012 29.16 29.3 28.76 29.07 52575000 26.86983 0.1502 0.0084735/23/2012 29.35 29.4 28.64 29.11 65171000 26.90681 0.133766 -0.1092335/22/2012 29.69 29.88 29.5 29.76 39504900 27.50761 0.142087 0.0881495/21/2012 29.1 29.79 29.06 29.75 38787900 27.49837 0.157809 0.4386575/18/2012 29.79 29.81 29.17 29.27 56205300 27.0547 0.156321 0.0386685/17/2012 29.99 30.21 29.71 29.72 48484000 27.47064 0.201533 0.1768525/16/2012 30.31 30.32 29.74 29.9 60083700 27.63701 0.242265 0.0609445/15/2012 30.64 30.8 30.15 30.21 61822800 27.92355 0.23851 0.0962095/14/2012 30.82 31.04 30.64 30.68 40528900 28.17312 0.258678 0.0327125/11/2012 30.69 31.54 30.69 31.16 43459300 28.6139 0.31782 0.1297925/10/2012 30.86 31.02 30.45 30.74 43839200 28.22821 0.296273 -0.040544

5/9/2012 30.19 30.83 30.1 30.76 50309300 28.24658 0.264518 0.2421285/8/2012 30.48 30.78 30.17 30.5 46328300 28.00783 0.225029 0.1080765/7/2012 30.7 30.86 30.57 30.65 48641400 28.14557 0.226197 0.1655245/4/2012 31.45 31.57 30.92 30.98 57927200 28.4486 0.239399 0.4872135/3/2012 31.88 31.9 31.61 31.76 31501300 29.16487 0.291359 0.1141675/2/2012 31.85 31.93 31.64 31.8 37385300 29.2016 0.288366 0.1644665/1/2012 32.05 32.34 31.95 32.01 43832300 29.39444 0.349928 0.159494

4/30/2012 31.98 32.11 31.92 32.02 35697200 29.40363 0.277501 0.0994584/27/2012 32.12 32.22 31.88 31.98 41419100 29.36689 0.333237 0.01264/26/2012 32.12 32.23 31.92 32.11 40308100 29.48627 0.276102 -0.1028194/25/2012 31.92 32.32 31.87 32.2 62495500 29.56892 0.266853 0.0501484/24/2012 32.21 32.52 31.83 31.92 40871100 29.3118 0.210119 -0.0587574/23/2012 32.31 32.5 32.03 32.12 61398200 29.49545 0.223153 0.1473154/20/2012 32.15 32.89 32.05 32.42 1.06E+08 29.77094 0.2133 0.2071024/19/2012 31.13 31.68 30.94 31.01 54781200 28.47615 0.155025 0.1681324/18/2012 31.28 31.31 31.04 31.14 40552900 28.59553 0.146478 0.2126184/17/2012 31.27 31.61 31.2 31.44 34361500 28.87102 0.174041 0.1138354/16/2012 30.99 31.19 30.77 31.08 38124800 28.54043 0.129599 0.0975374/13/2012 30.89 31.16 30.72 30.81 39749200 28.2925 0.126606 0.1309174/12/2012 30.48 31.04 30.42 30.98 38304000 28.4486 0.148459 0.0634534/11/2012 30.43 30.53 30.23 30.35 43014000 27.87008 0.142957 0.0806324/10/2012 31.06 31.19 30.3 30.47 54131300 27.98028 0.149172 0.185643

4/9/2012 31.22 31.4 30.97 31.1 31056400 28.5588 0.152489 0.1897224/5/2012 31.15 31.63 31.05 31.52 50368600 28.94448 0.209785 -0.0912614/4/2012 31.66 31.69 31.05 31.21 49455900 28.65981 0.189388 -0.024924

Page 17: Markowitz Final

4/3/2012 32.16 32.19 31.66 31.94 42752100 29.33016 0.231462 0.2277724/2/2012 32.22 32.46 31.95 32.29 35853600 29.65156 0.237477 0.136123

3/30/2012 32.4 32.41 32.04 32.26 31749400 29.62401 0.24052 0.2969983/29/2012 32.06 32.19 31.81 32.12 37038500 29.49545 0.230962 0.4410813/28/2012 32.52 32.7 32.04 32.19 41344800 29.55973 0.220355 -0.0073343/27/2012 32.65 32.7 32.4 32.52 36274900 29.86277 0.239774 0.2492933/26/2012 32.19 32.61 32.15 32.59 36758300 29.92705 0.263205 0.108123/23/2012 32.1 32.11 31.72 32.01 35912200 29.39444 0.255023 0.1193313/22/2012 31.81 32.09 31.79 32 31749500 29.38526 0.255113 0.2772263/21/2012 31.96 32.15 31.82 31.91 37928600 29.30261 0.252546 0.3237283/20/2012 32.1 32.15 31.74 31.99 41566800 29.37608 0.274311 0.246013/19/2012 32.54 32.61 32.15 32.2 44789200 29.56892 0.273727 0.0776673/16/2012 32.91 32.95 32.5 32.6 65626400 29.93623 0.320253 0.2358873/15/2012 32.79 32.94 32.58 32.85 49068300 30.1658 0.379651 0.3468153/14/2012 32.53 32.88 32.49 32.77 41986900 30.09234 0.357852 0.2422263/13/2012 32.24 32.69 32.15 32.67 48951700 30.00051 0.352609 0.0945313/12/2012 31.97 32.2 31.82 32.04 34073600 29.42199 0.320633 0.076324

3/9/2012 32.1 32.16 31.92 31.99 34628400 29.37608 0.334199 0.3823153/8/2012 32.04 32.21 31.9 32.01 36747400 29.39444 0.346589 0.1422523/7/2012 31.67 31.92 31.53 31.84 34340400 29.23833 0.353948 0.0906933/6/2012 31.54 31.98 31.49 31.56 51932900 28.98121 0.35674 0.1343853/5/2012 32.01 32.05 31.62 31.8 45240000 29.2016 0.339964 0.2494913/2/2012 32.31 32.44 32 32.08 47314200 29.45872 0.361884 0.0261443/1/2012 31.93 32.39 31.85 32.29 77344100 29.65156 0.389878 0.14733

2/29/2012 31.89 32 31.61 31.74 59323600 29.1465 0.351949 0.1313362/28/2012 31.41 31.93 31.38 31.87 45230600 29.26588 0.35862 -0.3055182/27/2012 31.24 31.5 31.1 31.35 34568400 28.78837 0.329787 0.2643162/24/2012 31.48 31.5 31.24 31.48 35575400 28.90775 0.338083 0.2295442/23/2012 31.2 31.59 31 31.37 35034700 28.80674 0.338983 -0.0043152/22/2012 31.45 31.68 31.18 31.27 49253200 28.71491 0.317632 0.309982/21/2012 31.18 31.61 31.15 31.44 50829900 28.87102 0.313407 0.0205092/17/2012 31.2 31.32 30.95 31.25 70036500 28.69654 0.275195 0.023062/16/2012 30.31 31.55 30.3 31.29 94705100 28.73327 0.289719 0.1479592/15/2012 30.33 30.39 30.03 30.05 43311300 27.59459 0.243127 0.2248862/14/2012 30.33 30.46 29.85 30.25 59644000 27.77825 0.276232 -0.0122852/13/2012 30.63 30.77 30.43 30.58 33319800 27.89763 0.28384 0.181312/10/2012 30.64 30.8 30.36 30.5 44605300 27.82465 0.279422 0.323327

2/9/2012 30.68 30.8 30.48 30.77 50481600 28.07096 0.273882 -0.1085392/8/2012 30.26 30.67 30.22 30.66 49659100 27.97061 0.257518 0.1044352/7/2012 30.15 30.49 30.05 30.35 39242400 27.68781 0.246316 -0.0049062/6/2012 30.04 30.22 29.97 30.2 28039700 27.55096 0.248754 0.0727172/3/2012 30.14 30.4 30.09 30.24 41838500 27.58745 0.256043 -0.0375982/2/2012 29.9 30.17 29.71 29.95 52223300 27.32289 0.221135 0.2288952/1/2012 29.79 30.05 29.76 29.89 67409900 27.26815 0.204731 -0.024513

1/31/2012 29.66 29.7 29.23 29.53 50572400 26.93973 0.188344 -0.1357171/30/2012 28.97 29.62 28.83 29.61 51114800 27.01272 0.177174 0.0371931/27/2012 29.45 29.53 29.17 29.23 44187700 26.66605 0.154868 -0.0216961/26/2012 29.61 29.7 29.4 29.5 49102800 26.91236 0.163733 0.235247

Page 18: Markowitz Final

1/25/2012 29.07 29.65 29.07 29.56 59231700 26.9671 0.169717 0.330681/24/2012 29.47 29.57 29.18 29.34 51703300 26.7664 0.148983 0.24121/23/2012 29.55 29.95 29.35 29.73 76078100 27.12219 0.175533 0.2747371/20/2012 28.82 29.74 28.75 29.71 1.66E+08 27.10394 0.181609 0.1793141/19/2012 28.16 28.44 28.03 28.12 74053500 25.65341 0.107154 0.071951/18/2012 28.31 28.4 27.97 28.23 64860600 25.75376 0.078611 0.0059591/17/2012 28.4 28.65 28.17 28.26 72395300 25.78113 0.093264 -0.008281/13/2012 27.93 28.25 27.79 28.25 60196100 25.77201 0.100806 0.2834721/12/2012 27.87 28.02 27.65 28 49370800 25.54394 0.115774 0.0503041/11/2012 27.43 27.98 27.37 27.72 65582400 25.2885 0.108512 0.2098081/10/2012 27.93 28.15 27.75 27.84 60014400 25.39797 0.102938 0.113315

1/9/2012 28.05 28.1 27.72 27.74 59706800 25.30675 0.125632 -0.2268581/6/2012 27.53 28.19 27.53 28.11 99455500 25.64429 0.143829 0.0780171/5/2012 27.38 27.73 27.29 27.68 56081400 25.25201 0.113457 0.2041041/4/2012 26.82 27.47 26.78 27.4 80516100 24.99657 0.100026 0.2410141/3/2012 26.55 26.96 26.39 26.77 64731500 24.42183 0.065928 0.003829

12/30/2011 26 26.12 25.91 25.96 27395700 23.68288 0.033272 0.16656512/29/2011 25.95 26.05 25.86 26.02 22616900 23.73762 0.022106 -0.02982312/28/2011 26.11 26.15 25.76 25.82 29822500 23.55516 0.010748 -0.17159512/27/2011 25.96 26.14 25.93 26.04 21287200 23.75587 0.014303 0.15390112/23/2011 25.91 26.04 25.73 26.03 23205800 23.74674 0.015852 0.31037712/22/2011 25.82 25.86 25.48 25.81 35794100 23.54604 0.021723 0.24775612/21/2011 26.01 26.19 25.44 25.76 64132500 23.50042 0.028923 0.14432512/20/2011 25.86 26.1 25.81 26.03 60767600 23.74674 0.042564 0.30592912/19/2011 26.02 26.12 25.46 25.53 52258300 23.2906 0.026162 0.12671712/16/2011 25.67 26.17 25.63 26 1.01E+08 23.71937 0.036076 0.26229812/15/2011 25.72 25.88 25.54 25.56 46213900 23.31797 0.023338 0.26390812/14/2011 25.72 25.86 25.57 25.59 47926400 23.34534 0.027764 0.09931912/13/2011 25.75 26.1 25.65 25.76 54581100 23.50042 0.026112 0.14629312/12/2011 25.41 25.57 25.29 25.51 38945900 23.27235 0.008673 -0.028041

12/9/2011 25.52 25.87 25.5 25.7 53788500 23.44569 0.026928 0.143412/8/2011 25.48 25.72 25.37 25.4 60522200 23.172 0.024569 0.09799712/7/2011 25.67 25.76 25.34 25.6 62667000 23.35446 0.031413 0.33882112/6/2011 25.81 25.87 25.61 25.66 46175300 23.40919 0.055924 0.14269912/5/2011 25.78 25.8 25.5 25.7 56818400 23.44569 0.058424 0.23896912/2/2011 25.59 25.62 25.16 25.22 52293800 23.00779 0.038237 0.00453512/1/2011 25.56 25.63 25.2 25.28 48545400 23.06253 0.016114 0.249838

11/30/2011 25.37 25.59 25.14 25.58 81350900 23.33621 0.016165 0.07557511/29/2011 24.82 25.04 24.75 24.84 40917100 22.66112 -0.012847 0.2340411/28/2011 24.94 24.97 24.69 24.87 46766700 22.68849 -0.001153 0.16030811/25/2011 24.38 24.67 24.3 24.3 26164600 22.16849 -0.04214 0.03247711/23/2011 24.61 24.79 24.47 24.47 49099700 22.32358 -0.036183 0.15836211/22/2011 24.89 24.96 24.65 24.79 49204500 22.61551 -0.016366 0.04393711/21/2011 25.24 25.25 24.9 25 61882500 22.80709 -0.016826 0.01906611/18/2011 25.48 25.5 25.15 25.3 47626200 23.08077 -0.014522 0.14518311/17/2011 26.01 26.04 25.44 25.54 70977500 23.29972 -0.000596 0.26801411/16/2011 26.47 26.51 26.04 26.07 53262800 23.78323 0.017024 0.08095111/15/2011 26.56 26.94 26.4 26.74 43874200 24.39446 0.026678 -0.014807

Page 19: Markowitz Final

11/14/2011 26.88 27 26.65 26.76 34199200 24.23025 0.020919 0.26874311/11/2011 26.58 27.08 26.57 26.91 37903000 24.36607 0.018205 0.04355911/10/2011 26.47 26.5 26.12 26.28 32514400 23.79563 0.001099 0.175597

11/9/2011 26.59 26.75 26.06 26.2 62950900 23.72319 -0.001949 0.25884511/8/2011 27.01 27.2 26.69 27.16 47822500 24.59244 0.016651 0.23065711/7/2011 26.21 26.82 26.13 26.8 42589700 24.26647 -0.002355 0.24237511/4/2011 26.38 26.4 26 26.25 36549200 23.76846 -0.015958 0.18702311/3/2011 26.24 26.59 25.98 26.53 65836100 24.02199 -0.003248 0.27550311/2/2011 26.1 26.2 25.7 26.01 53533100 23.55115 -0.026756 0.06954311/1/2011 26.19 26.32 25.86 25.99 61182600 23.53304 -0.028218 0.154988

10/31/2011 26.76 27 26.62 26.63 46799000 24.11254 -0.01334 0.08154710/28/2011 27.14 27.19 26.79 26.98 57712100 24.42945 -0.017169 0.36615710/27/2011 27.13 27.4 26.65 27.25 74512400 24.67393 -0.018215 0.30143610/26/2011 27.03 27.06 26.1 26.59 63029900 24.07632 -0.039276 0.04420210/25/2011 27.08 27.23 26.72 26.81 53554600 24.27552 -0.016328 -0.08107210/24/2011 27.06 27.4 27.04 27.19 56897800 24.6196 0.001944 0.12798510/21/2011 27.15 27.19 26.8 27.16 76620600 24.59244 -0.00955 0.23577710/20/2011 27.26 27.34 26.4 27.04 76300200 24.48378 -0.015687 -0.00756810/19/2011 27.37 27.47 27.01 27.13 42880000 24.56527 -0.003151 -0.0456710/18/2011 26.94 27.4 26.8 27.31 52487900 24.72826 0.002739 0.40697710/17/2011 27.11 27.42 26.85 26.98 39453300 24.42945 -0.047808 0.02238510/14/2011 27.31 27.5 27.02 27.27 50947700 24.69204 -0.034564 0.06627310/13/2011 26.76 27.2 26.62 27.18 43823500 24.61055 -0.026588 0.09233310/12/2011 27.18 27.31 26.9 26.96 52489800 24.41134 -0.032086 0.20321710/11/2011 26.86 27.07 26.72 27 38826200 24.44756 -0.018196 0.01642610/10/2011 26.58 26.97 26.47 26.94 41815300 24.39323 -0.031781 0.040029

10/7/2011 26.34 26.51 26.2 26.25 52741600 23.76846 -0.060556 -0.01341710/6/2011 25.9 26.4 25.7 26.34 55111400 23.84995 -0.063584 0.04680510/5/2011 25.42 26.16 25.16 25.89 94061300 23.4425 -0.067873 -0.092710/4/2011 24.3 25.39 24.26 25.34 83485400 22.94449 -0.084116 -0.05389310/3/2011 24.72 25.34 24.52 24.53 64592500 22.21106 -0.124572 0.3314589/30/2011 25.2 25.5 24.88 24.89 54060500 22.53703 -0.09782 0.16419/29/2011 25.98 26.17 25.09 25.45 63407300 23.04409 -0.081117 0.335689/28/2011 25.93 26.37 25.51 25.58 60736200 23.1618 -0.088695 -0.0086269/27/2011 25.66 25.92 25.45 25.67 55620700 23.24329 -0.09247 0.0553989/26/2011 25.19 25.52 24.73 25.44 51057600 23.03504 -0.074262 0.069669/23/2011 24.9 25.15 24.69 25.06 64768100 22.69096 -0.091011 0.3554149/22/2011 25.3 25.65 24.6 25.06 96278300 22.69096 -0.087437 0.2673119/21/2011 27.05 27.06 25.97 25.99 72750700 23.53304 -0.051198 0.0273599/20/2011 27.31 27.5 26.93 26.98 49211900 24.42945 -0.012934 -0.0741419/19/2011 26.8 27.31 26.6 27.21 52324900 24.63771 -0.008791 0.4402939/16/2011 27.05 27.27 26.83 27.12 89681500 24.55622 -0.01348 0.1946169/15/2011 26.73 27.03 26.31 26.99 67808300 24.43851 -0.020307 0.3695719/14/2011 26.17 26.8 25.89 26.5 66739200 23.99483 -0.045911 0.1020979/13/2011 25.92 26.19 25.81 26.04 48792300 23.57832 -0.058815 -0.0309349/12/2011 25.44 25.93 25.27 25.89 55046100 23.4425 -0.060236 0.286845

9/9/2011 26 26.18 25.5 25.74 64529200 23.30667 -0.056946 0.088349/8/2011 26 26.66 25.95 26.22 65811900 23.7413 -0.042458 0.043506

Page 20: Markowitz Final

9/7/2011 25.69 26 25.57 26 41961000 23.5421 -0.053545 0.1772619/6/2011 25.2 25.59 25.11 25.51 54929300 23.09842 -0.066714 0.25199/2/2011 25.78 26 25.66 25.8 43894400 23.361 -0.048245 0.035669/1/2011 26.46 26.86 26.21 26.21 60510800 23.73224 -0.019992 0.258734

8/31/2011 26.29 26.71 26.26 26.6 59300800 24.08538 -0.008683 0.2245018/30/2011 25.73 26.43 25.7 26.23 57341400 23.75035 -0.013087 0.1016228/29/2011 25.53 25.86 25.37 25.84 38863200 23.39722 -0.033117 0.1062128/26/2011 24.51 25.34 24.42 25.25 71957000 22.863 -0.042535 0.0128718/25/2011 25.08 25.16 24.5 24.57 48192000 22.24728 -0.067279 -0.011298/24/2011 24.65 24.93 24.42 24.9 45329700 22.54608 -0.061049 -0.0981368/23/2011 24.03 24.75 24.03 24.72 59670600 22.3831 -0.063329 0.2500748/22/2011 24.42 24.49 23.79 23.98 54721000 21.71306 -0.061709 0.016228/19/2011 24.41 24.62 23.91 24.05 77397900 21.77644 -0.029912 -0.0455028/18/2011 24.57 25.09 24.03 24.67 1.06E+08 22.33783 -0.006869 -0.0780578/17/2011 25.25 25.7 24.93 25.25 50923700 22.863 0.018895 -0.0888488/16/2011 25.22 25.59 25.05 25.35 54251500 22.95354 0.018091 -0.0261248/15/2011 25.24 25.58 25.15 25.51 56529400 22.95354 0.028223 0.0585358/12/2011 25.13 25.34 24.65 25.1 64787100 22.58463 -0.012287 0.13748/11/2011 24.5 25.38 24.4 25.19 90690100 22.66561 -0.007202 0.0841258/10/2011 24.95 25.09 24.1 24.2 1.28E+08 21.77482 -0.051757 0.068107

8/9/2011 24.71 25.62 24.03 25.58 1.26E+08 23.01653 0.0129 0.0065468/8/2011 25.02 25.6 24.39 24.48 1.34E+08 22.02676 -0.039671 0.0558748/5/2011 25.97 26.1 25.23 25.68 1.12E+08 23.10651 -0.001493 -0.0691568/4/2011 26.53 26.87 25.93 25.94 92949500 23.34045 0.005928 0.1293928/3/2011 26.83 27 26.48 26.92 64581200 24.22224 0.027889 0.1744328/2/2011 26.98 27.45 26.76 26.8 63883100 24.11427 0.013431 0.1392578/1/2011 27.51 27.69 26.75 27.27 61838400 24.53717 0.030822 0.070285

7/29/2011 27.52 27.71 27.26 27.4 1.04E+08 24.65414 0.041144 0.2766677/28/2011 27.29 28.07 27.21 27.72 83761400 24.94207 0.051734 -0.0692547/27/2011 27.88 27.99 27.2 27.33 71488700 24.59115 0.025857 0.2505187/26/2011 27.82 28.15 27.78 28.08 74636500 25.26599 0.058298 0.0705567/25/2011 27.26 28.09 27.19 27.91 1.08E+08 25.11303 0.038066 0.1354767/22/2011 26.86 27.55 26.68 27.53 76380600 24.77111 0.040649 0.240597/21/2011 27.04 27.31 26.65 27.1 81737400 24.3842 0.03515 0.2770447/20/2011 27.28 27.35 26.98 27.06 49795400 24.34821 0.048961 0.2497387/19/2011 26.81 27.64 26.78 27.54 86730600 24.78011 0.076994 0.1342267/18/2011 26.63 26.9 26.26 26.59 44501900 23.92531 0.045865 0.1315517/15/2011 26.47 26.93 26.47 26.78 49132400 24.09627 0.083028 -0.1777717/14/2011 26.62 27.01 26.36 26.47 46382300 23.81734 0.062477 0.1855997/13/2011 26.6 26.96 26.51 26.63 40861800 23.9613 0.067217 0.1600027/12/2011 26.55 26.79 26.34 26.54 47319300 23.88032 0.068233 0.0031477/11/2011 26.62 26.8 26.49 26.63 43999800 23.9613 0.080823 0.15522

7/8/2011 26.54 26.98 26.51 26.92 58320700 24.22224 0.062126 0.0545017/7/2011 26.49 26.88 26.36 26.77 51946500 24.08727 0.067787 0.0998037/6/2011 25.97 26.37 25.96 26.33 48744200 23.69137 0.063141 0.2153477/5/2011 26.1 26.15 25.9 26.03 37805300 23.42143 0.046465 -0.0120097/1/2011 25.93 26.17 25.84 26.02 52906200 23.41244 0.067549 0.095853

6/30/2011 25.74 26 25.66 26 52535400 23.39444 0.077139 0.04671

Page 21: Markowitz Final

6/29/2011 25.71 25.71 25.36 25.62 66051000 23.05252 0.062261 -0.1236256/28/2011 25.3 25.92 25.16 25.8 81032100 23.21448 0.071468 0.0066886/27/2011 24.23 25.46 24.23 25.2 92044200 22.67461 0.050834 0.4241046/24/2011 24.51 24.54 24.19 24.3 1.01E+08 21.8648 0.016633 0.1055486/23/2011 24.44 24.65 24.2 24.63 59470400 22.16173 0.049402 0.1853756/22/2011 24.6 24.81 24.59 24.65 44287300 22.17973 0.030008 0.0941166/21/2011 24.52 24.86 24.4 24.76 49708700 22.2787 0.029956 0.1320076/20/2011 24.17 24.66 24.16 24.47 54338400 22.01777 0.017478 0.2300266/17/2011 24.22 24.3 23.98 24.26 83320400 21.82881 0.001389 -0.0170996/16/2011 23.75 24.1 23.65 24 57184100 21.59487 -0.011346 -0.0656456/15/2011 24 24.01 23.67 23.74 49410200 21.36092 -0.02403 0.1924486/14/2011 24.3 24.45 24.19 24.22 42894500 21.79282 0.009968 0.2164826/13/2011 23.79 24.19 23.7 24.04 47572500 21.63086 -0.00487 0.0640996/10/2011 24.02 24.02 23.69 23.71 49327200 21.33393 -0.039603 0.130615

6/9/2011 24.01 24.04 23.82 23.96 42878700 21.55887 -0.040163 0.1105256/8/2011 23.9 24.02 23.86 23.94 42205000 21.54088 -0.032978 0.2600946/7/2011 24.09 24.17 23.9 24.06 41112600 21.64885 -0.032352 0.1951076/6/2011 23.89 24.25 23.77 24.01 54778700 21.60386 -0.02629 0.1119226/3/2011 24.05 24.14 23.84 23.91 60697700 21.51389 -0.026859 0.1075756/2/2011 24.49 24.65 24.18 24.22 51487800 21.79282 -0.017383 0.0164126/1/2011 24.99 25.1 24.37 24.43 74033500 21.98178 0.0435 0.076497

5/31/2011 24.96 25.06 24.7 25.01 60196300 22.50365 0.061155 0.0635235/27/2011 24.68 24.9 24.65 24.76 50251000 22.2787 0.054059 -0.0263065/26/2011 24.35 25.03 24.32 24.67 78016600 22.19772 0.048913 0.3392855/25/2011 24.17 24.31 24.16 24.19 34904200 21.76583 0.014532 0.2301885/24/2011 24.2 24.29 24.04 24.15 47691800 21.72983 0.027661 0.1968295/23/2011 24.21 24.25 24.03 24.17 52692500 21.74783 0.030234 -0.0750885/20/2011 24.72 24.87 24.44 24.49 45451500 22.03576 0.062999 0.3007585/19/2011 24.85 24.88 24.5 24.72 37783600 22.24271 0.065266 0.3298465/18/2011 24.53 24.74 24.25 24.69 53931100 22.21572 0.051079 0.103025/17/2011 24.4 24.7 24.27 24.52 82882100 22.06276 0.048663 0.0561975/16/2011 24.96 25.07 24.5 24.57 91350900 21.96378 0.031829 0.1048135/13/2011 25.28 25.32 24.95 25.03 66812300 22.37499 0.053771 0.0732225/12/2011 25.35 25.39 25.1 25.32 77400000 22.63422 0.055443 0.1631015/11/2011 25.65 25.66 25.21 25.36 78600000 22.66998 0.059291 -0.0892335/10/2011 25.38 25.85 25.25 25.67 1.21E+08 22.9471 0.063027 0.043401

5/9/2011 25.8 25.96 25.67 25.83 38696400 23.09013 0.053277 -0.0312395/6/2011 26.07 26.22 25.75 25.87 55993000 23.12589 0.059604 0.0731535/5/2011 26.05 26.08 25.68 25.79 55600000 23.05437 0.071064 0.0803495/4/2011 25.85 26.25 25.79 26.06 73292300 23.29573 0.086713 0.1519015/3/2011 25.6 25.85 25.49 25.81 71892900 23.07225 0.072332 0.1509835/2/2011 25.94 26 25.48 25.66 89825600 22.93816 0.050233 -0.001525

4/29/2011 26.55 26.64 25.36 25.92 3.19E+08 23.17058 0.051988 0.130434/28/2011 26.46 26.87 26.4 26.71 80200000 23.87678 0.061193 0.1967144/27/2011 26.3 26.39 26.13 26.38 52689000 23.58179 0.050544 0.0570724/26/2011 25.74 26.44 25.67 26.19 69200000 23.41194 0.050377 0.2780664/25/2011 25.56 25.62 25.34 25.61 33525100 22.89347 0.012745 0.2602294/21/2011 25.79 25.89 25.36 25.52 46892300 22.81301 -0.007402 0.027119

Page 22: Markowitz Final

4/20/2011 25.54 26 25.51 25.76 61608600 23.02755 -0.004537 0.0927414/19/2011 25 25.17 24.87 25.15 38892400 22.48226 -0.008529 0.1224184/18/2011 25.1 25.28 24.72 25.08 58045100 22.41968 -0.019645 0.255634/15/2011 25.46 25.56 25.18 25.37 65080400 22.67892 -0.005252 0.0770354/14/2011 25.42 25.44 25.09 25.42 55239900 22.72362 -0.011292 0.3049564/13/2011 25.65 25.87 25.56 25.63 38144700 22.91134 -0.000833 0.254634/12/2011 25.83 25.85 25.55 25.64 36920400 22.92028 0.010788 0.1288024/11/2011 26.19 26.25 25.8 25.98 34286300 23.22422 0.023003 -0.031502

4/8/2011 26.17 26.28 25.96 26.07 39887600 23.30467 0.05597 0.0579674/7/2011 26.19 26.26 25.97 26.2 46134700 23.42088 0.046242 0.069564/6/2011 25.98 26.31 25.86 26.15 65581400 23.37618 0.054592 0.2133844/5/2011 25.82 26.18 25.74 25.78 73651100 23.04543 0.053873 0.20314/4/2011 25.45 25.66 25.41 25.55 35433700 22.83983 0.019086 0.2697134/1/2011 25.53 25.53 25.31 25.48 63114200 22.77725 0.01909 0.120726

3/31/2011 25.6 25.68 25.34 25.39 63233700 22.6968 0.028018 0.1109023/30/2011 25.6 25.72 25.5 25.61 41999300 22.89347 0.049453 0.1793273/29/2011 25.34 25.52 25.3 25.49 40763500 22.78619 0.068637 0.2228623/28/2011 25.66 25.72 25.38 25.41 48973200 22.71468 0.059174 -0.0522633/25/2011 25.93 25.95 25.59 25.62 57029800 22.9024 0.072761 0.076333/24/2011 25.6 25.87 25.5 25.81 38696700 23.07225 0.102495 -0.1363333/23/2011 25.23 25.61 25.18 25.54 43969000 22.83089 0.116747 0.3046763/22/2011 25.3 25.46 25.23 25.3 30895600 22.61635 0.111507 0.1502963/21/2011 25.18 25.58 25.15 25.33 46878100 22.64316 0.120079 0.2376933/18/2011 25.06 25.18 24.8 24.8 85486700 22.16938 0.082529 0.0706883/17/2011 25.06 25.22 24.75 24.78 62497000 22.1515 0.037162 0.2341013/16/2011 25.22 25.28 24.68 24.79 1.01E+08 22.16044 0.028275 0.16643/15/2011 25.08 25.47 25 25.39 76067300 22.6968 0.033363 -0.0473063/14/2011 25.49 25.76 25.35 25.69 54473400 22.96498 0.032767 0.2797453/11/2011 25.41 25.85 25.36 25.68 49905800 22.95604 0.013937 0.3345713/10/2011 25.62 25.71 25.35 25.41 66549500 22.71468 -0.003683 0.049896

3/9/2011 25.81 25.98 25.66 25.89 39789100 23.14376 -0.003676 0.4233233/8/2011 25.77 26.02 25.65 25.91 50549800 23.16164 -0.000259 -0.0189323/7/2011 26.13 26.27 25.55 25.72 64980400 22.99179 -0.005705 0.2090293/4/2011 26.22 26.24 25.8 25.95 70437200 23.1974 -0.006626 0.1612363/3/2011 26.26 26.4 26.18 26.2 68271500 23.42088 0.045421 0.2174923/2/2011 26.11 26.37 26.04 26.08 48658200 23.31361 0.034145 0.3420593/1/2011 26.6 26.78 26.15 26.16 60055000 23.38512 0.064702 0.198234

2/28/2011 26.69 26.86 26.51 26.58 51379900 23.76057 0.09096 0.2960792/25/2011 26.91 26.95 26.5 26.55 53006300 23.73376 0.075841 0.1604222/24/2011 26.64 27.06 26.5 26.77 64494200 23.93042 0.077035 0.0537632/23/2011 26.53 26.86 26.43 26.59 60234100 23.76951 0.049052 -0.1048632/22/2011 26.78 27.1 26.52 26.59 60889000 23.76951 0.007262 0.1010212/18/2011 27.13 27.21 26.99 27.06 68667800 24.18966 0.040563 0.058212/17/2011 26.97 27.37 26.91 27.21 57207300 24.32375 0.069367 -0.0457932/16/2011 27.05 27.07 26.6 27.02 70817900 24.1539 0.065604 0.125012/15/2011 27.04 27.33 26.95 26.96 44116500 24.10026 0.055059 0.0968682/14/2011 27.21 27.27 26.95 27.23 56766200 24.1986 0.101298 0.3065082/11/2011 27.76 27.81 27.07 27.25 83939700 24.21637 0.057295 0.043254

Page 23: Markowitz Final

2/10/2011 27.93 27.94 27.29 27.5 76672400 24.43854 0.058872 0.182992/9/2011 28.19 28.26 27.91 27.97 52905100 24.85621 0.054098 0.1736682/8/2011 28.1 28.34 28.05 28.28 34904200 25.13171 0.055166 0.1785942/7/2011 27.8 28.34 27.79 28.2 68980900 25.06061 0.010079 0.0027162/4/2011 27.7 27.84 27.51 27.77 40412200 24.67848 -0.017843 0.291122/3/2011 27.97 27.97 27.54 27.65 60340100 24.57184 -0.029216 0.2284842/2/2011 27.93 28.11 27.88 27.94 45824000 24.82956 -0.018695 0.302762/1/2011 27.8 28.06 27.61 27.99 62810700 24.87399 -0.027361 0.128877

1/31/2011 27.77 27.9 27.42 27.73 65029000 24.64293 -0.042942 -0.0955171/28/2011 28.9 28.93 27.45 27.75 1.41E+08 24.66071 -0.02368 -0.1231811/27/2011 28.75 29.46 28.49 28.87 1.47E+08 25.65602 0.013618 0.0363161/26/2011 28.51 28.99 28.5 28.78 74628800 25.57604 0.036606 0.2886241/25/2011 28.14 28.45 28.12 28.45 42436600 25.28278 -0.002506 0.0101841/24/2011 28.02 28.56 27.99 28.38 52047800 25.22057 -0.033962 -0.0018491/21/2011 28.4 28.43 28.02 28.02 58080300 24.90065 -0.05508 -0.0435821/20/2011 28.5 28.55 28.13 28.35 58613600 25.19391 -0.066567 0.0814961/19/2011 28.46 28.68 28.27 28.47 50005900 25.30055 -0.052794 0.2356961/18/2011 28.16 28.74 28.14 28.66 53322700 25.4694 -0.060621 0.0659721/14/2011 28.08 28.38 27.91 28.3 62688400 25.14948 -0.06972 0.2585231/13/2011 28.33 28.39 28.01 28.19 67077600 25.05173 -0.071534 -0.0119991/12/2011 28.12 28.59 28.07 28.55 52631100 25.37165 -0.067536 0.1107911/11/2011 28.2 28.25 28.05 28.11 50298900 24.98063 -0.077458 0.06381/10/2011 28.26 28.4 28.04 28.22 57573600 25.07838 -0.086535 0.06063

1/7/2011 28.64 28.74 28.25 28.6 73762000 25.41608 -0.072462 0.1455151/6/2011 28.04 28.85 27.86 28.82 88026300 25.61159 -0.066221 0.1617131/5/2011 27.9 28.01 27.77 28 58998700 24.88288 -0.083437 0.2684181/4/2011 27.94 28.17 27.85 28.09 54405600 24.96286 -0.069398 0.0445131/3/2011 28.05 28.18 27.92 27.98 53443800 24.8651 -0.079048 0.180109

12/31/2010 27.8 27.92 27.63 27.91 24752000 24.80289 -0.079861 0.02845712/30/2010 27.92 28 27.78 27.85 20786100 24.74957 -0.070683 -0.08347212/29/2010 27.94 28.12 27.88 27.97 19502500 24.85621 -0.062677 -0.0072812/28/2010 27.97 28.17 27.96 28.01 23042200 24.89176 -0.061955 0.24651912/27/2010 28.12 28.2 27.88 28.07 21652800 24.94508 -0.04675 -0.0570512/23/2010 27.97 28.32 27.96 28.3 24902500 25.14948 -0.020274 0.01516512/22/2010 28.01 28.4 27.98 28.19 42252300 25.05173 -0.023084 0.17961612/21/2010 27.85 28.14 27.76 28.07 38153000 24.94508 -0.025581 0.1600812/20/2010 27.95 27.99 27.68 27.81 52811000 24.71403 -0.030964 0.08582512/17/2010 27.92 28.09 27.75 27.9 87456500 24.79401 -0.032143 0.09564812/16/2010 27.76 27.99 27.66 27.99 57680200 24.87399 -0.044677 0.07218712/15/2010 27.53 27.99 27.53 27.85 69634200 24.74957 -0.043673 0.01995412/14/2010 27.31 27.75 27.26 27.62 64070500 24.54518 -0.053809 0.10710212/13/2010 27.27 27.45 27.17 27.25 47943900 24.21637 -0.077372 0.28664712/10/2010 27.19 27.4 27.11 27.34 37625800 24.29635 -0.063085 0.076375

12/9/2010 27.28 27.34 27.01 27.08 47148300 24.0653 -0.079138 0.07407612/8/2010 26.83 27.24 26.8 27.23 41666800 24.1986 -0.065279 0.09136912/7/2010 27.08 27.13 26.85 26.87 57860500 23.87868 -0.077325 -0.08493612/6/2010 26.93 26.98 26.76 26.84 36264200 23.85201 -0.078978 0.16199312/3/2010 26.81 27.06 26.78 27.02 52622000 24.01198 -0.073426 0.115507

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12/2/2010 26.24 26.98 26.2 26.89 91759200 23.89645 -0.069721 0.04345112/1/2010 25.57 26.25 25.56 26.04 74123500 23.14108 -0.096667 0.218355

11/30/2010 25.05 25.47 25 25.26 75282100 22.44791 -0.123127 0.06476511/29/2010 25.19 25.42 24.93 25.31 56603600 22.49234 -0.118681 0.00050411/26/2010 25.21 25.41 25.17 25.25 21356500 22.43902 -0.114397 0.05158511/24/2010 25.2 25.46 25.16 25.37 56825900 22.54566 -0.104936 -0.08140811/23/2010 25.57 25.6 25.09 25.12 69742500 22.3235 -0.108494 0.24105411/22/2010 25.65 25.74 25.44 25.73 53350500 22.86559 -0.085567 0.00630511/19/2010 25.8 25.83 25.6 25.69 52423200 22.83004 -0.088264 0.18394911/18/2010 25.71 26.08 25.61 25.84 59514000 22.96334 -0.077463 0.12573111/17/2010 25.9 25.91 25.55 25.57 58299700 22.7234 -0.087102 0.40391111/16/2010 26.04 26.04 25.65 25.81 65339200 22.93668 -0.096316 0.2876211/15/2010 26.33 26.5 26.17 26.2 51794600 23.14107 -0.077132 0.22060611/12/2010 26.47 26.52 26.1 26.27 64962200 23.2029 -0.072402 0.18432411/11/2010 26.68 26.72 26.28 26.68 62073100 23.56503 -0.058912 0.00018911/10/2010 27.01 27.08 26.81 26.94 52277300 23.79468 -0.039678 0.222833

11/9/2010 26.81 27.11 26.71 26.95 58538600 23.80351 -0.052697 0.14493611/8/2010 26.68 28.87 26.58 26.81 71670800 23.67985 -0.058928 0.18993511/5/2010 27.17 27.19 26.53 26.85 1.11E+08 23.71519 -0.06403 -0.02056111/4/2010 27.41 27.43 27.01 27.14 93599300 23.97132 -0.041347 0.16029911/3/2010 27.46 27.49 26.96 27.03 1.1E+08 23.87417 -0.03715 -0.17066611/2/2010 27.06 27.42 27.02 27.39 54402100 24.19214 -0.005023 0.27645511/1/2010 26.88 27.22 26.7 26.95 61912100 23.80351 -0.027621 0.14637

10/29/2010 27.15 27.2 26.48 26.67 1.14E+08 23.5562 -0.033255 0.26936510/28/2010 26.21 26.38 25.92 26.28 80730300 23.21173 -0.048072 0.22552910/27/2010 25.79 26.11 25.62 26.05 64805500 23.00858 -0.046531 0.33492410/26/2010 25.12 25.97 25.06 25.9 69304200 22.8761 -0.062171 0.00492210/25/2010 25.24 25.35 25.17 25.19 50912400 22.24899 -0.081983 -0.02757910/22/2010 25.52 25.54 25.27 25.38 25837900 22.41681 -0.100581 0.00681610/21/2010 25.4 25.54 25.05 25.42 50032400 22.45214 -0.093782 0.2170610/20/2010 25.26 25.4 25.1 25.31 56283600 22.35498 -0.096116 0.25983710/19/2010 25.27 25.37 24.95 25.1 66150900 22.1695 -0.096299 0.2300810/18/2010 25.59 25.95 25.45 25.82 48330500 22.80544 -0.101619 0.17739210/15/2010 25.36 25.55 25.23 25.54 68954800 22.55813 -0.126636 -0.24372910/14/2010 25.29 25.34 25 25.23 51949100 22.28432 -0.132265 0.3157510/13/2010 25.02 25.54 24.89 25.34 75336500 22.38148 -0.123131 0.38131110/12/2010 24.65 24.93 24.43 24.83 50141500 21.93102 -0.130099 -0.15744410/11/2010 24.74 24.74 24.5 24.59 27587800 21.71905 -0.168649 -0.061053

10/8/2010 24.62 24.65 24.37 24.57 41327800 21.70138 -0.185075 0.17866610/7/2010 24.62 24.75 24.28 24.53 50096100 21.66605 -0.199744 0.10310/6/2010 24.32 24.54 24.13 24.43 50489700 21.57773 -0.196808 0.29798510/5/2010 24.06 24.45 23.91 24.35 78152900 21.50707 -0.202024 -0.01598210/4/2010 23.96 23.99 23.78 23.91 98143400 21.11844 -0.200694 0.0428310/1/2010 24.77 24.82 24.3 24.38 62672300 21.53356 -0.177393 0.2033999/30/2010 24.61 24.83 24.36 24.49 61262700 21.63072 -0.179142 0.3012379/29/2010 24.63 24.66 24.4 24.5 44318900 21.63955 -0.189252 -0.1032279/28/2010 24.8 24.9 24.35 24.68 56041200 21.79854 -0.177663 0.2105689/27/2010 24.85 24.99 24.59 24.73 43603300 21.8427 -0.184566 0.124939

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9/24/2010 24.64 24.8 24.58 24.78 51948800 21.88686 -0.187932 0.2786379/23/2010 24.51 24.59 24.36 24.43 46201800 21.57773 -0.199143 -0.0368759/22/2010 24.89 24.97 24.36 24.61 94299400 21.73671 -0.180802 0.2387369/21/2010 25.42 25.42 25.08 25.15 52675700 22.21366 -0.175807 0.1628249/20/2010 25.28 25.52 25.11 25.43 49838700 22.46097 -0.178047 0.2779249/17/2010 25.4 25.53 25.08 25.22 70341600 22.27549 -0.179081 0.3650349/16/2010 25.06 25.37 25.05 25.33 44548300 22.37265 -0.170979 -0.0489349/15/2010 25.1 25.22 24.92 25.12 56201900 22.18717 -0.175725 -0.0428239/14/2010 25.04 25.35 24.89 25.03 87160400 22.10768 -0.176013 -0.0602169/13/2010 24.2 25.29 24.09 25.11 1.15E+08 22.17834 -0.165254 0.1910519/10/2010 23.98 24.03 23.79 23.85 58284300 21.06544 -0.202963 0.15648

9/9/2010 24.19 24.21 23.99 24.01 46028900 21.20676 -0.177014 0.192979/8/2010 24.07 24.2 23.74 23.93 65512400 21.1361 -0.193382 0.0074829/7/2010 24.1 24.3 23.92 23.96 51928700 21.1626 -0.190218 0.0779449/3/2010 24.24 24.45 24.2 24.29 64189100 21.45407 -0.181519 0.2136639/2/2010 23.88 23.95 23.71 23.94 48837100 21.14494 -0.186286 0.0580599/1/2010 23.67 23.95 23.54 23.9 65235900 21.1096 -0.18819 0.070599

8/31/2010 23.6 23.73 23.32 23.47 66074600 20.72981 -0.198502 0.1660068/30/2010 23.74 23.82 23.6 23.64 45453100 20.87996 -0.188875 0.0968568/27/2010 23.88 24.02 23.51 23.93 60939400 21.1361 -0.184988 0.1906168/26/2010 24.09 24.19 23.79 23.82 49105300 21.03894 -0.193876 0.0076098/25/2010 24 24.22 23.87 24.1 47404800 21.28625 -0.180299 -0.0332568/24/2010 24.09 24.35 24 24.04 66522500 21.23326 -0.180966 0.1243748/23/2010 24.44 24.64 24.24 24.28 51643000 21.44524 -0.17913 -0.0110088/20/2010 24.31 24.4 24.2 24.23 49560100 21.40108 -0.164107 0.1610898/19/2010 24.62 24.74 24.21 24.44 54064600 21.58656 -0.151381 0.1212548/18/2010 24.68 24.95 24.41 24.82 46818900 21.92219 -0.154676 -0.0332588/17/2010 24.71 24.96 24.6 24.71 52912600 21.82504 -0.161799 0.0289968/16/2010 24.36 24.61 24.3 24.5 40909700 21.52473 -0.174161 0.1021168/13/2010 24.35 24.67 24.24 24.4 45263500 21.43688 -0.168646 -0.012088/12/2010 24.42 24.68 24.36 24.49 70240500 21.51595 -0.170062 0.2703778/11/2010 24.68 24.9 24.56 24.86 76746900 21.84101 -0.166757 0.160158/10/2010 25.33 25.34 24.88 25.07 87257700 22.02551 -0.156637 0.346977

8/9/2010 25.55 25.73 25.37 25.61 57096500 22.49994 -0.121188 0.2717688/6/2010 25.18 25.56 25.02 25.55 55982100 22.44722 -0.12591 0.1150848/5/2010 25.49 25.58 25.21 25.37 64922100 22.28908 -0.124086 0.0114848/4/2010 26.15 26.24 25.44 25.73 78531900 22.60536 -0.104336 0.2790258/3/2010 26.2 26.35 25.97 26.16 56877700 22.98314 -0.085914 0.1816268/2/2010 25.99 26.38 25.75 26.33 55044600 23.1325 -0.079339 0.039692

7/30/2010 25.75 25.84 25.35 25.81 83534800 22.67565 -0.082649 0.2512427/29/2010 26.13 26.41 25.6 26.03 69446200 22.86893 -0.073205 -0.1241237/28/2010 26.07 26.19 25.83 25.95 69704800 22.79865 -0.062553 -0.0123577/27/2010 26.14 26.24 25.96 26.16 60672100 22.98314 -0.036774 0.1568497/26/2010 25.86 26.2 25.8 26.1 67249900 22.93043 -0.051047 0.1557547/23/2010 25.84 26.02 25.25 25.81 1.09E+08 22.67565 -0.056515 0.0613887/22/2010 25.51 25.99 25.47 25.84 73016400 22.702 -0.07182 -0.0659777/21/2010 25.6 25.65 24.98 25.12 73297300 22.06944 -0.091242 0.1183567/20/2010 24.86 25.48 24.7 25.48 45530700 22.38572 -0.096596 0.067705

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7/19/2010 24.96 25.3 24.91 25.23 38181800 22.16608 -0.108267 0.1676237/16/2010 25.51 25.64 24.88 24.89 65064800 21.86737 -0.099562 0.1676387/15/2010 25.5 25.59 24.98 25.51 56934700 22.41208 -0.027501 0.4991887/14/2010 25.5 25.61 25.12 25.44 72808100 22.35058 -0.029805 -0.0218687/13/2010 25.14 25.3 24.9 25.13 61928700 22.07822 -0.033996 0.1901867/12/2010 24.43 24.89 24.42 24.83 49854200 21.81466 -0.045165 -0.131835

7/9/2010 24.33 24.41 24.15 24.27 53806100 21.32266 -0.071631 0.430017/8/2010 24.6 24.62 23.97 24.41 50758100 21.44566 -0.073617 0.2595237/7/2010 23.82 24.32 23.61 24.3 79965300 21.34902 -0.051148 0.3307867/6/2010 23.7 24.09 23.58 23.82 73592000 20.92731 -0.064485 0.0089127/2/2010 23.36 23.48 23.05 23.27 62485100 20.4441 -0.082888 0.2117067/1/2010 23.09 23.32 22.73 23.16 92239400 20.34746 -0.08115 0.369668

6/30/2010 23.3 23.68 22.95 23.01 81050500 20.21568 -0.091369 0.2427396/29/2010 24.13 24.2 23.11 23.31 1.2E+08 20.47924 -0.058619 0.3102716/28/2010 24.51 24.61 24.12 24.31 73784800 21.35781 -0.018625 0.0740516/25/2010 25.05 25.11 24.31 24.53 1.56E+08 21.55109 0.009146 0.2074776/24/2010 25.46 25.72 24.93 25 85243400 21.96401 0.015295 0.2483086/23/2010 25.78 25.78 25.22 25.31 61466200 22.23637 0.03119 -0.0685466/22/2010 26.16 26.45 25.76 25.77 55985400 22.6405 0.1422216/21/2010 26.78 26.89 25.89 25.95 54625300 22.79865 0.0823936/18/2010 26.37 26.53 26.17 26.44 52075600 23.22914 -0.1019046/17/2010 26.56 26.67 26.04 26.37 47995500 23.16764 0.0001816/16/2010 26.47 26.58 26.23 26.32 48698000 23.12371 0.2544336/15/2010 25.75 26.65 25.74 26.58 81641500 23.35214 0.2455526/14/2010 25.86 25.96 25.47 25.5 50972400 22.40329 0.0977616/11/2010 25.04 25.72 24.77 25.66 68057700 22.54386 0.019476/10/2010 25.13 25.15 24.78 25 78930900 21.96401 -0.083327

6/9/2010 25.22 25.52 24.75 24.79 87794000 21.77951 0.102036/8/2010 25.25 25.26 24.65 25.11 87355000 22.06065 0.0932336/7/2010 25.82 25.83 25.24 25.29 80456200 22.2188 0.2753866/4/2010 26.1 26.57 25.62 25.79 89832200 22.65808 -0.1865916/3/2010 26.55 26.93 26.41 26.86 67837000 23.59813 -0.0046126/2/2010 26.06 26.48 25.73 26.46 65718800 23.24671 -0.2253896/1/2010 25.53 26.31 25.52 25.89 76152400 22.74593 0.038261

5/28/2010 25.84 26.12 25.66 25.8 67496900 22.66686 -0.0914845/27/2010 25.73 26.36 25.73 26 1.36E+08 22.84257 0.0273745/26/2010 26.23 26.61 24.56 25.01 1.77E+08 21.9728 0.0406945/25/2010 25.65 26.33 25.38 26.07 98373600 22.90407 0.199225/24/2010 26.85 26.86 26.26 26.27 73711700 23.07978 0.2525325/21/2010 26.63 27.11 26.44 26.84 1.18E+08 23.58056 0.1642275/20/2010 27.65 27.84 27.04 27.11 87991100 23.81778 0.0635795/19/2010 28.52 28.69 27.79 28.24 61746700 24.81055 0.1167365/18/2010 28.87 29 28.4 28.6 52690600 25.12683 0.2277515/17/2010 29.12 29.23 28.45 28.94 46053300 25.31133 0.0065765/14/2010 29.2 29.21 28.64 28.93 63334000 25.30258 0.2627495/13/2010 29.26 29.73 29.18 29.24 45188800 25.57371 0.0985735/12/2010 28.98 29.58 28.92 29.44 47146800 25.74863 0.0674495/11/2010 28.68 29.65 28.57 28.88 63789400 25.25885 -0.085541

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5/10/2010 29.01 29.48 28.71 28.94 86653300 25.31133 -0.0260785/7/2010 28.93 28.95 27.32 28.21 1.74E+08 24.67286 0.0744225/6/2010 29.59 29.88 27.91 28.98 1.29E+08 25.34631 0.1681525/5/2010 29.77 30.09 29.69 29.85 66833800 26.10723 0.0904815/4/2010 30.52 30.55 29.75 30.13 82085600 26.35212 0.1887385/3/2010 30.67 31.06 30.58 30.86 43989500 26.99059 0.048558

4/30/2010 31.07 31.08 30.52 30.54 63214800 26.71071 0.0475784/29/2010 30.93 31.43 30.67 31 52665200 27.11303 0.1227494/28/2010 30.92 31 30.62 30.91 64557900 27.03432 0.2151234/27/2010 30.95 31.25 30.75 30.85 68730900 26.98184 -0.1894054/26/2010 31 31.28 30.86 31.11 63649300 27.20924 0.3506454/23/2010 31.12 31.58 30.65 30.96 1.27E+08 27.07805 0.1000684/22/2010 31.04 31.53 30.9 31.39 84847600 27.45413 0.0767824/21/2010 31.33 31.5 31.23 31.33 55343100 27.40166 -0.0031384/20/2010 31.22 31.44 31.13 31.36 52199500 27.42789 0.2245564/19/2010 30.77 31.25 30.76 31.04 64970300 27.14802 0.2117374/16/2010 30.79 30.98 30.6 30.67 88703100 26.82441 0.019474/15/2010 30.82 30.95 30.71 30.87 52745400 26.99933 0.2079584/14/2010 30.79 31 30.66 30.82 68941200 26.9556 0.1048194/13/2010 30.15 30.5 30.13 30.45 41374600 26.63199 0.1257594/12/2010 30.25 30.49 30.21 30.32 37068800 26.5183 -0.056288

4/9/2010 29.95 30.41 29.9 30.34 54752500 26.53579 -0.0825544/8/2010 29.32 29.98 29.3 29.92 63713800 26.16845 -0.0908094/7/2010 29.16 29.56 29.14 29.35 58318800 25.66992 0.1155024/6/2010 29.15 29.58 28.98 29.32 47366800 25.64368 0.2669914/5/2010 29.13 29.43 29.03 29.27 34331200 25.59995 0.0757414/1/2010 29.35 29.54 28.62 29.16 74768100 25.50374 0.061822

3/31/2010 29.64 29.72 29.17 29.29 63760000 25.61744 0.3064863/30/2010 29.63 29.86 29.5 29.77 34954800 26.03726 0.0941683/29/2010 29.71 29.82 29.55 29.59 33336000 25.87983 0.2136053/26/2010 30.09 30.2 29.59 29.66 55595500 25.94105 0.1206173/25/2010 29.83 30.57 29.8 30.01 73168700 26.24716 0.2641283/24/2010 29.72 29.85 29.6 29.65 33987700 25.9323 0.0972973/23/2010 29.59 29.9 29.41 29.88 42026600 26.13346 0.3430513/22/2010 29.5 29.7 29.39 29.6 37718200 25.88857 0.1976483/19/2010 29.76 29.9 29.35 29.59 81332100 25.87983 0.0569663/18/2010 29.63 29.72 29.5 29.61 43845200 25.89732 0.2333883/17/2010 29.5 29.87 29.4 29.63 50385700 25.91481 -0.0491653/16/2010 29.42 29.49 29.2 29.37 36723500 25.68741 0.1087843/15/2010 29.18 29.37 29.01 29.29 37512000 25.61744 0.2431333/12/2010 29.32 29.38 29.04 29.27 31700200 25.59995 0.2333653/11/2010 28.89 29.19 28.85 29.18 35349700 25.52123 0.0327183/10/2010 28.86 29.11 28.8 28.97 44891400 25.33756 0.085426

3/9/2010 28.56 29.11 28.55 28.8 50271600 25.18888 0.1390973/8/2010 28.52 28.93 28.5 28.63 39414500 25.0402 0.233773/5/2010 28.66 28.68 28.42 28.59 56001800 25.00521 -0.1026783/4/2010 28.46 28.65 28.27 28.63 42890600 25.0402 0.2022173/3/2010 28.51 28.61 28.35 28.46 48442100 24.89151 0.215457

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3/2/2010 29.08 29.3 28.24 28.46 93123900 24.89151 0.0364513/1/2010 28.77 29.05 28.53 29.02 43805400 25.3813 0.126134

2/26/2010 28.65 28.85 28.51 28.67 40370600 25.07518 0.1342172/25/2010 28.27 28.65 28.02 28.6 48735300 25.01396 -0.1168412/24/2010 28.52 28.79 28.38 28.63 43165900 25.0402 0.3312182/23/2010 28.68 28.83 28.09 28.33 52266200 24.77781 -0.0537332/22/2010 28.84 28.94 28.65 28.73 36707100 25.12766 -0.1646242/19/2010 28.79 28.92 28.69 28.77 44451800 25.16264 0.0539672/18/2010 28.59 29.03 28.51 28.97 42856500 25.33756 0.2715592/17/2010 28.53 28.65 28.36 28.59 45882900 25.00521 -0.1210622/16/2010 28.13 28.37 28.02 28.35 51935600 24.79531 0.0852032/12/2010 27.81 28.06 27.58 27.93 81117200 24.31427 0.166372/11/2010 27.93 28.4 27.7 28.12 65993700 24.47967 0.0578092/10/2010 28.03 28.24 27.84 27.99 48591300 24.3665 0.390729

2/9/2010 27.97 28.34 27.75 28.01 59195800 24.38391 -0.1212262/8/2010 28.01 28.08 27.57 27.72 52820600 24.13145 -0.0469592/5/2010 28 28.28 27.57 28.02 80960100 24.39262 0.0613512/4/2010 28.38 28.5 27.81 27.84 77850000 24.23592 0.3567562/3/2010 28.26 28.79 28.12 28.63 61397900 24.92365 0.3355022/2/2010 28.37 28.5 28.14 28.46 54413700 24.77565 0.1387472/1/2010 28.39 28.48 27.92 28.41 85931100 24.73213 0.189535

1/29/2010 29.9 29.92 27.66 28.18 1.94E+08 24.5319 -0.2551321/28/2010 29.84 29.87 28.89 29.16 1.18E+08 25.38504 0.5411831/27/2010 29.35 29.82 29.02 29.67 63949500 25.82901 -0.1342991/26/2010 29.2 29.85 29.09 29.5 66639900 25.68102 0.0256891/25/2010 29.24 29.66 29.1 29.32 63373000 25.52432 -0.0164891/22/2010 30 30.2 28.84 28.96 1.02E+08 25.21093 0.1755541/21/2010 30.61 30.72 30 30.01 73086700 26.125 -0.0417151/20/2010 30.81 30.94 30.31 30.59 54849500 26.62991 0.5237161/19/2010 30.75 31.24 30.68 31.1 46575700 27.07389 0.0410441/15/2010 31.08 31.24 30.71 30.86 79913200 26.86496 0.0425451/14/2010 30.31 31.1 30.26 30.96 63228100 26.95201 0.095941/13/2010 30.26 30.52 30.01 30.35 51863500 26.42098 0.3739271/12/2010 30.15 30.4 29.91 30.07 65912100 26.17723 0.1965161/11/2010 30.71 30.76 30.12 30.27 68754700 26.35134 0.260609

1/8/2010 30.28 30.88 30.24 30.66 51197400 26.69085 0.304911/7/2010 30.63 30.7 30.19 30.45 50559700 26.50804 0.0819681/6/2010 30.88 31.08 30.52 30.77 58182400 26.78661 0.2573381/5/2010 30.85 31.1 30.64 30.96 49749600 26.95201 0.0806831/4/2010 30.62 31.1 30.59 30.95 38409100 26.94331 0.051237

12/31/2009 30.98 30.99 30.48 30.48 31929700 26.53415 0.06409412/30/2009 31.15 31.29 30.8 30.96 42006200 26.95201 0.07508212/29/2009 31.35 31.5 31.23 31.39 29716200 27.32635 0.34187912/28/2009 31 31.18 30.89 31.17 25384000 27.13483 -0.06575412/24/2009 30.88 31 30.76 31 11083900 26.98684 0.12669812/23/2009 30.71 30.95 30.69 30.92 28362700 26.91719 0.1351312/22/2009 30.6 30.93 30.54 30.82 36321000 26.83014 0.08240612/21/2009 30.4 30.84 30.37 30.52 40129100 26.56898 0.069125

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12/18/2009 29.84 30.45 29.8 30.36 94118000 26.42969 0.27647912/17/2009 29.95 29.96 29.57 29.6 43691200 25.76807 0.40845312/16/2009 30.07 30.41 30.04 30.1 55737800 26.20335 0.33911512/15/2009 29.89 30.21 29.88 30.02 49473200 26.1337 0.15631812/14/2009 29.91 30.16 29.9 30.11 34651200 26.21205 0.29264512/11/2009 29.97 30 29.79 29.85 43744200 25.98571 0.06545612/10/2009 29.71 29.96 29.66 29.87 45940200 26.00312 0.130768

12/9/2009 29.47 29.81 29.25 29.71 44713300 25.86383 0.05061312/8/2009 29.52 29.74 29.38 29.57 37402200 25.74196 0.02477712/7/2009 29.78 30.08 29.68 29.79 38082700 25.93348 0.24322312/4/2009 30.05 30.37 29.83 29.98 58810700 26.09888 0.00801412/3/2009 29.84 30.2 29.76 29.83 43095200 25.9683 0.09448312/2/2009 29.9 29.99 29.65 29.78 36308600 25.92477 0.01579112/1/2009 29.52 30.05 29.41 30.01 49904200 26.125 0.099597

11/30/2009 29.15 29.45 29 29.41 44172000 25.60267 0.06781111/27/2009 29.11 29.39 28.75 29.22 29357900 25.43727 -0.15074611/25/2009 29.81 29.86 29.58 29.79 32033500 25.93348 0.06029211/24/2009 29.95 29.99 29.75 29.91 37341400 26.03794 0.20483811/23/2009 29.84 30.01 29.7 29.94 41832700 26.06406 0.12559911/20/2009 29.66 29.77 29.43 29.62 42647100 25.78549 0.32001911/19/2009 29.99 30 29.7 29.78 51967700 25.92477 0.04751611/18/2009 30 30.14 29.81 30.11 59431200 26.21205 0.18421511/17/2009 29.5 30 29.47 30 75648900 26.11629 0.11789311/16/2009 29.61 29.8 29.37 29.54 54129500 25.60267 -0.00682111/13/2009 29.47 29.79 29.37 29.63 53037600 25.68068 0.12187411/12/2009 29.01 29.49 29 29.36 55352400 25.44666 0.1723311/11/2009 29.08 29.3 29.02 29.12 49693400 25.23865 -0.01558311/10/2009 28.9 29.28 28.81 29.01 65881100 25.14331 0.226786

11/9/2009 28.62 29 28.53 28.99 57518000 25.12598 0.03843411/6/2009 28.38 28.63 28.2 28.52 38908500 24.71863 0.17052611/5/2009 28.52 28.74 28.28 28.47 52681700 24.67529 0.21870511/4/2009 27.69 28.39 27.62 28.06 63898400 24.31994 0.20958211/3/2009 27.64 27.74 27.43 27.53 50294800 23.86058 0.36047611/2/2009 27.7 28.05 27.41 27.88 62428900 24.16393 -0.018968

10/30/2009 28.03 28.4 27.66 27.73 73371800 24.03392 0.23425510/29/2009 28.07 28.41 27.85 28.22 65225500 24.45861 0.26735910/28/2009 28.24 28.77 27.95 28.02 73542400 24.28527 0.27591110/27/2009 28.73 28.88 28.44 28.59 69685800 24.77929 0.31146310/26/2009 28.13 29.02 28.11 28.68 1.24E+08 24.8573 0.26140910/23/2009 29.2 29.35 27.88 28.02 2.82E+08 24.28527 -0.01822410/22/2009 26.56 26.72 26.13 26.59 61600000 23.04587 0.30529810/21/2009 26.46 26.75 26.39 26.58 61672700 23.0372 0.30860710/20/2009 26.42 26.51 25.94 26.37 54604700 22.8552 0.25296710/19/2009 26.49 26.58 26.25 26.36 48143200 22.84653 -0.09705810/16/2009 26.45 26.63 26.1 26.5 56500900 22.96787 0.11667310/15/2009 25.9 26.71 25.9 26.71 65620100 23.14988 0.01239110/14/2009 26.14 26.2 25.82 25.96 45365500 22.49984 0.0782810/13/2009 25.59 25.94 25.52 25.81 37749000 22.36983 0.033799

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10/12/2009 25.66 25.89 25.55 25.72 29145800 22.29183 0.09652410/9/2009 25.57 25.79 25.46 25.55 39520000 22.14449 0.19301810/8/2009 25.44 25.9 25.22 25.67 60521300 22.2485 0.33658310/7/2009 24.99 25.18 24.88 25.1 38472700 21.75447 0.03568510/6/2009 24.68 25.21 24.66 25.11 48795300 21.76314 0.08104910/5/2009 24.98 25.06 24.52 24.64 60804900 21.35578 0.10134510/2/2009 24.46 25.09 24.43 24.96 51219700 21.63313 0.00959910/1/2009 25.41 25.47 24.8 24.88 75958100 21.56379 -0.007278

Page 31: Markowitz Final

corr cov0.699882849 0.017812

intelavg rate of return on 6 month Date Open High Low Close0.122079 4/17/2015 32.51 32.7 32.22 32.47

variance 4/16/2015 32.85 32.99 32.7 32.870.018795 4/15/2015 32.26 32.99 32.07 32.83

sd 4/14/2015 31.68 31.94 31.27 31.490.137095 4/13/2015 31.81 32.05 31.71 31.73

4/10/2015 31.33 31.94 31.33 31.93q%change qnorm 4/9/2015 30.68 31.62 30.57 31.24

0.05 -0.13948 -0.09156 4/8/2015 31.23 31.56 31.06 31.310.1 -0.091318 -0.035931 4/7/2015 31.07 31.59 31 31.26

0.15 -0.06444 -0.011997 4/6/2015 30.81 31.25 30.45 31.040.2 -0.043088 0.008481 4/2/2015 30.8 31.23 30.67 30.81

0.25 -0.022259 0.031782 4/1/2015 31.13 31.32 30.65 30.810.3 -0.001924 0.057072 3/31/2015 31.43 31.93 31.2 31.27

0.35 0.021642 0.072385 3/30/2015 31.66 32.1 31.3 31.460.4 0.048813 0.087875 3/27/2015 30.01 33 29.85 32

0.45 0.071727 0.10594 3/26/2015 29.5 30.4 29.31 30.080.5 0.102495 0.12501 3/25/2015 30.81 30.89 29.86 29.89

0.55 0.127968 0.143528 3/24/2015 31.16 31.32 30.74 30.790.6 0.155612 0.16021 3/23/2015 31.29 31.79 31.2 31.2

0.65 0.178757 0.177512 3/20/2015 30.99 31.62 30.93 31.310.7 0.205362 0.19575 3/19/2015 30.78 31.1 30.69 30.74

0.75 0.227261 0.219777 3/18/2015 30.41 31.2 30.3 30.890.8 0.253617 0.241952 3/17/2015 30.58 30.73 30.41 30.59

0.85 0.276219 0.268029 3/16/2015 30.93 31.11 30.65 30.830.9 0.295538 0.304293 3/13/2015 30.63 30.98 30.36 30.93

0.95 0.323155 0.354061 3/12/2015 31.01 31.6 30.58 30.83/11/2015 31.97 32.96 31.95 32.333/10/2015 32.24 32.41 31.5 31.7

3/9/2015 33.2 33.27 32.48 32.723/6/2015 33.54 33.68 33.08 33.193/5/2015 34.26 34.5 33.59 33.733/4/2015 33.86 34.41 33.72 34.123/3/2015 33.95 34.38 33.91 34.13/2/2015 33.29 34.13 33.12 34.06

2/27/2015 33.63 33.64 33.21 33.252/26/2015 33.62 33.88 33.43 33.652/25/2015 34.03 34.15 33.73 33.952/24/2015 33.61 34.49 33.51 34.412/23/2015 34.4 34.5 33.58 33.762/20/2015 34.15 34.57 33.91 34.412/19/2015 34.25 34.42 34.05 34.212/18/2015 34.65 34.71 34.19 34.272/17/2015 34.4 34.75 34.26 34.74

-0.2 -0.1 0 0.1 0.2 0.3 0.4

-0.2

-0.1

0

0.1

0.2

0.3

0.4

qnorm

Page 32: Markowitz Final

2/13/2015 34.25 34.37 33.95 34.362/12/2015 33.98 34.13 33.76 34.132/11/2015 33.67 33.76 33.32 33.552/10/2015 33.2 33.73 33.05 33.7

2/9/2015 33 33.24 32.67 32.932/6/2015 33.92 34 33.14 33.32/5/2015 33.68 33.99 33.45 33.942/4/2015 33.67 33.84 33.3 33.62/3/2015 33.78 34.05 32.61 33.72/2/2015 33.06 33.75 32.65 33.65

1/30/2015 33.7 33.99 33 33.041/29/2015 33.84 34.28 33.46 34.211/28/2015 34.47 34.7 33.72 33.781/27/2015 34.4 34.72 33.55 34.191/26/2015 36.19 36.3 35.57 35.811/23/2015 36.96 37.03 36.38 36.451/22/2015 36.56 37 36.14 36.911/21/2015 35.85 36.68 35.77 36.481/20/2015 36.1 36.46 35.57 36.091/16/2015 36.12 36.66 35.51 36.451/15/2015 36.53 36.88 36.03 36.191/14/2015 36.33 36.91 35.91 36.351/13/2015 36.87 37.49 36.29 36.51/12/2015 36.9 37 36.23 36.6

1/9/2015 36.77 37.11 36.4 36.761/8/2015 36.37 37 36.26 36.691/7/2015 35.64 36.07 35.27 36.021/6/2015 36.08 36.23 35.26 35.281/5/2015 36.2 36.45 35.94 35.951/2/2015 36.67 37.16 36.11 36.36

12/31/2014 36.63 37.04 36.29 36.2912/30/2014 37.08 37.19 36.76 36.7612/29/2014 37.45 37.52 37.17 37.1812/26/2014 37.52 37.74 37.52 37.5512/24/2014 37.47 37.6 37.18 37.4412/23/2014 37.4 37.7 37.3 37.4312/22/2014 36.39 37.26 36.39 37.2112/19/2014 37.02 37.16 36.23 36.3712/18/2014 36.75 37.02 36.43 37.0212/17/2014 35.62 36.33 35.33 36.2412/16/2014 35.86 36.5 35.56 35.5612/15/2014 36.39 36.78 35.9 35.9212/12/2014 36.45 36.82 36.22 36.2312/11/2014 36.5 37.21 36.44 36.712/10/2014 36.93 37.02 36.3 36.42

12/9/2014 36.67 37.09 36.3 36.8912/8/2014 37.46 37.73 36.94 37.212/5/2014 37.57 37.9 37.52 37.67

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12/4/2014 37.4 37.46 37.04 37.4612/3/2014 37.68 37.89 37.41 37.4312/2/2014 37.18 37.6 37.18 37.612/1/2014 37.21 37.62 36.9 37.17

11/28/2014 37.04 37.69 36.94 37.2511/26/2014 36.37 36.99 36.28 36.911/25/2014 36.36 36.48 36.15 36.3211/24/2014 35.89 36.43 35.84 36.2511/21/2014 35.98 36.46 35.5 35.5911/20/2014 34.14 35.97 34 35.9511/19/2014 34.69 34.79 34.25 34.3511/18/2014 34.19 34.9 34.16 34.7111/17/2014 33.82 34.25 33.76 34.2411/14/2014 33.75 33.97 33.35 33.9511/13/2014 33.35 33.86 33.34 33.6811/12/2014 33.23 33.42 33 33.3811/11/2014 33.36 33.54 33.2 33.3111/10/2014 33.43 33.49 33.08 33.26

11/7/2014 33.98 34 33.19 33.5811/6/2014 33.69 34.23 33.41 33.8211/5/2014 34.05 34.1 33.6 33.7611/4/2014 34.25 34.78 34.21 34.5411/3/2014 33.81 34.48 33.79 34.31

10/31/2014 33.74 34.01 32.63 34.0110/30/2014 33.58 33.61 32.4 32.5810/29/2014 33.76 33.97 33.51 33.9210/28/2014 33.23 33.75 33.23 33.7410/27/2014 33.08 33.3 32.77 33.210/24/2014 32.72 33.33 32.57 33.1810/23/2014 32.72 32.91 32.6 32.6910/22/2014 32.66 32.87 32.22 32.2710/21/2014 31.67 32.62 31.58 32.6110/20/2014 31.04 31.7 30.9 31.5810/17/2014 31.2 31.71 30.97 31.3810/16/2014 30.89 31.51 30.75 30.8510/15/2014 30.54 31.65 29.65 31.2810/14/2014 31.99 32.67 31.71 32.1410/13/2014 31.72 32.37 31.47 31.4710/10/2014 32.62 32.86 30.5 31.91

10/9/2014 34.15 34.43 33.58 33.6210/8/2014 33.49 34.37 33.14 34.2710/7/2014 34.04 34.05 33.42 33.4710/6/2014 34.15 34.48 33.87 34.1110/3/2014 33.66 34.18 33.47 34.0310/2/2014 33.96 34 33.26 33.5210/1/2014 34.61 34.78 33.84 33.999/30/2014 34.9 35 34.41 34.829/29/2014 34.06 34.99 33.94 34.9

Page 34: Markowitz Final

9/26/2014 34.26 34.36 33.63 34.269/25/2014 34.68 34.79 33.88 34.149/24/2014 34.4 34.85 34.37 34.759/23/2014 34.71 34.71 34.38 34.429/22/2014 34.78 35.03 34.55 34.719/19/2014 35.16 35.22 34.82 34.829/18/2014 35.12 35.17 34.86 35.179/17/2014 34.91 35.2 34.74 34.989/16/2014 34.47 35.08 34.47 34.939/15/2014 34.71 34.77 34.23 34.549/12/2014 34.9 34.91 34.5 34.629/11/2014 34.79 35.02 34.53 35.029/10/2014 34.85 35.13 34.67 35.02

9/9/2014 35.29 35.29 34.85 34.919/8/2014 34.96 35.56 34.88 35.339/5/2014 34.92 35.12 34.83 359/4/2014 34.53 35.09 34.52 34.919/3/2014 34.82 34.88 34.45 34.579/2/2014 34.76 34.91 34.43 34.57

8/29/2014 34.81 34.94 34.67 34.928/28/2014 34.61 34.81 34.61 34.658/27/2014 34.89 34.94 34.63 34.798/26/2014 34.79 35.05 34.69 34.88/25/2014 35.09 35.15 34.65 34.818/22/2014 35.2 35.2 34.91 34.948/21/2014 34.46 35.19 34.45 35.158/20/2014 34.23 34.51 34.18 34.58/19/2014 34.5 34.5 34.25 34.348/18/2014 34.26 34.47 33.98 34.418/15/2014 34.1 34.21 33.71 34.178/14/2014 34.05 34.23 33.74 33.948/13/2014 33.24 34.15 33.23 34.18/12/2014 32.91 33.15 32.68 33.138/11/2014 32.82 33.24 32.81 33.02

8/8/2014 32.78 33 32.54 32.68/7/2014 32.93 33.15 32.54 32.688/6/2014 32.6 33.19 32.39 32.858/5/2014 33.76 33.78 32.6 32.828/4/2014 33.79 34.09 33.55 34.058/1/2014 33.75 34.03 33.61 33.74

7/31/2014 34.09 34.25 33.81 33.897/30/2014 34.31 34.57 34.04 34.357/29/2014 34.27 34.37 34.09 34.197/28/2014 34.23 34.32 33.88 34.237/25/2014 34.15 34.37 33.93 34.257/24/2014 34.38 34.67 34.1 34.257/23/2014 34.68 34.71 34.3 34.57/22/2014 34.16 34.83 34.07 34.79

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7/21/2014 33.55 34.23 33.54 34.067/18/2014 33.8 33.84 33.39 33.77/17/2014 34.2 34.36 33.63 33.77/16/2014 33.31 34.74 33.21 34.657/15/2014 31.58 31.8 31.16 31.717/14/2014 31.41 31.58 31.34 31.497/11/2014 31.26 31.45 31.04 31.257/10/2014 30.6 31.33 30.44 31.26

7/9/2014 30.84 30.98 30.69 30.897/8/2014 31 31.08 30.7 30.797/7/2014 31.09 31.2 30.92 31.037/3/2014 31.08 31.36 31.02 31.147/2/2014 30.99 31.05 30.8 30.987/1/2014 30.99 31.09 30.87 30.98

6/30/2014 30.87 31 30.66 30.96/27/2014 30.87 31 30.7 30.936/26/2014 30.81 30.9 30.61 30.786/25/2014 30.48 31 30.45 30.886/24/2014 30.16 30.83 30.09 30.56/23/2014 30.1 30.31 29.85 30.236/20/2014 30.07 30.2 30.03 30.26/19/2014 29.97 30.09 29.89 30.096/18/2014 29.88 29.98 29.67 29.936/17/2014 29.88 30.1 29.84 29.956/16/2014 29.72 30.15 29.67 30.016/13/2014 29.75 30.06 29.56 29.876/12/2014 27.86 28.1 27.77 27.966/11/2014 28.14 28.21 27.8 27.936/10/2014 27.85 28.33 27.72 28.24

6/9/2014 28.1 28.42 27.83 27.916/6/2014 27.78 28.21 27.73 28.176/5/2014 27.56 27.66 27.43 27.666/4/2014 27.51 27.76 27.5 27.66/3/2014 27.22 27.7 27.12 27.666/2/2014 27.31 27.35 27.12 27.26

5/30/2014 26.94 27.32 26.93 27.325/29/2014 26.91 26.96 26.72 26.965/28/2014 26.7 26.94 26.66 26.885/27/2014 26.33 26.74 26.18 26.715/23/2014 26.15 26.3 26.14 26.295/22/2014 26.21 26.27 26.08 26.155/21/2014 26.1 26.25 26 26.25/20/2014 26.02 26.17 25.88 26.045/19/2014 25.75 26.09 25.75 26.045/16/2014 26.05 26.07 25.74 25.825/15/2014 26.33 26.5 26.01 26.015/14/2014 26.49 26.52 26.33 26.335/13/2014 26.49 26.54 26.33 26.45

Page 36: Markowitz Final

5/12/2014 26.41 26.54 26.3 26.375/9/2014 26.37 26.41 26.22 26.35/8/2014 26.32 26.53 26.22 26.345/7/2014 26.26 26.45 26.22 26.375/6/2014 26.16 26.38 26 26.25/5/2014 26.16 26.26 25.99 26.175/2/2014 26.56 26.64 26.4 26.415/1/2014 26.51 26.67 26.39 26.45

4/30/2014 26.32 26.7 26.22 26.694/29/2014 26.36 26.66 26.35 26.484/28/2014 26.17 26.39 26.01 26.334/25/2014 26.65 26.72 26.19 26.264/24/2014 26.81 26.96 26.64 26.754/23/2014 26.8 26.97 26.72 26.754/22/2014 26.91 26.98 26.66 26.844/21/2014 27.05 27.05 26.73 26.954/17/2014 26.88 27.16 26.79 27.044/16/2014 26.98 27.24 26.6 26.934/15/2014 26.51 26.83 26.36 26.774/14/2014 26.31 26.65 26.14 26.564/11/2014 26.27 26.59 26.17 26.184/10/2014 27.01 27.09 26.36 26.43

4/9/2014 26.93 27.02 26.73 26.984/8/2014 26.36 26.98 26.35 26.914/7/2014 26.3 26.74 26.2 26.494/4/2014 26.49 26.73 26.11 26.164/3/2014 26.15 26.46 26.14 26.414/2/2014 25.96 26.05 25.64 25.894/1/2014 25.8 26 25.64 25.99

3/31/2014 25.65 26.06 25.62 25.813/28/2014 25.41 25.81 25.32 25.623/27/2014 25.36 25.75 25.29 25.313/26/2014 25.59 25.74 25.32 25.383/25/2014 25.19 25.67 25.17 25.463/24/2014 25.21 25.38 24.92 25.123/21/2014 25.61 25.68 25.16 25.173/20/2014 25 25.59 24.94 25.433/19/2014 24.85 25.25 24.77 25.023/18/2014 24.68 24.9 24.55 24.823/17/2014 24.64 24.82 24.49 24.73/14/2014 24.48 24.65 24.4 24.53/13/2014 24.8 25 24.43 24.573/12/2014 24.65 24.88 24.61 24.763/11/2014 24.78 24.85 24.61 24.733/10/2014 24.61 24.89 24.58 24.84

3/7/2014 24.7 24.85 24.57 24.643/6/2014 24.57 24.65 24.38 24.633/5/2014 24.7 24.71 24.4 24.5

Page 37: Markowitz Final

3/4/2014 24.72 24.78 24.5 24.613/3/2014 24.55 24.59 24.3 24.5

2/28/2014 24.79 24.85 24.57 24.762/27/2014 24.8 24.8 24.51 24.762/26/2014 24.74 24.98 24.61 24.82/25/2014 24.67 24.71 24.46 24.622/24/2014 24.51 24.88 24.41 24.632/21/2014 24.95 24.96 24.35 24.422/20/2014 24.54 24.85 24.5 24.742/19/2014 24.65 24.72 24.42 24.52/18/2014 24.67 24.78 24.55 24.762/14/2014 24.58 24.76 24.41 24.762/13/2014 24.43 24.74 24.31 24.72/12/2014 24.51 24.69 24.37 24.552/11/2014 24.35 24.52 24.33 24.472/10/2014 24.11 24.37 24.06 24.29

2/7/2014 24.2 24.26 23.77 24.212/6/2014 23.6 24.08 23.55 23.992/5/2014 23.7 23.76 23.5 23.522/4/2014 23.99 24.04 23.58 23.822/3/2014 24.5 24.51 23.89 23.95

1/31/2014 24.45 24.65 24.4 24.541/30/2014 24.75 24.89 24.54 24.741/29/2014 24.75 24.96 24.63 24.681/28/2014 24.71 25.05 24.57 24.91/27/2014 24.77 24.99 24.66 24.721/24/2014 24.88 25.19 24.79 24.811/23/2014 25.17 25.25 24.9 25.131/22/2014 25.39 25.54 25.15 25.311/21/2014 25.79 25.8 25.27 25.591/17/2014 25.36 25.86 25.25 25.851/16/2014 26.64 26.74 26.33 26.541/15/2014 26.72 27.12 26.61 26.671/14/2014 26.01 26.55 25.9 26.511/13/2014 25.63 25.99 25.42 25.51/10/2014 25.5 25.85 25.5 25.53

1/9/2014 25.42 25.55 25.25 25.311/8/2014 25.64 25.71 25.3 25.431/7/2014 25.54 25.73 25.47 25.591/6/2014 25.77 25.79 25.45 25.461/3/2014 25.86 25.9 25.6 25.781/2/2014 25.78 25.82 25.47 25.79

12/31/2013 25.81 26.04 25.77 25.9612/30/2013 25.67 25.85 25.6 25.8512/27/2013 25.75 25.8 25.48 25.612/26/2013 25.43 25.7 25.43 25.712/24/2013 25.38 25.62 25.35 25.4312/23/2013 25.27 25.43 25.18 25.32

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12/20/2013 25.11 25.35 25.04 25.0612/19/2013 25.12 25.24 24.89 25.1412/18/2013 24.71 25.2 24.53 25.1512/17/2013 24.42 24.77 24.38 24.6612/16/2013 24.33 24.71 24.33 24.4512/13/2013 24.21 24.49 24.16 24.2912/12/2013 24.72 24.89 24.42 24.4712/11/2013 24.74 24.88 24.4 24.4212/10/2013 24.89 24.97 24.66 24.82

12/9/2013 24.84 25.08 24.68 24.9312/6/2013 24.97 25.25 24.75 24.8212/5/2013 23.82 24.35 23.75 24.2612/4/2013 23.52 23.85 23.52 23.7412/3/2013 23.69 23.73 23.4 23.5512/2/2013 24 24 23.65 23.7

11/29/2013 23.9 23.99 23.76 23.8411/27/2013 23.64 23.92 23.52 23.911/26/2013 23.79 23.84 23.52 23.6511/25/2013 24.02 24.02 23.5 23.7511/22/2013 24.5 24.51 23.84 23.8711/21/2013 24.61 25.29 24.52 25.2311/20/2013 24.7 24.82 24.46 24.5611/19/2013 24.74 24.87 24.61 24.711/18/2013 24.61 24.7 24.48 24.611/15/2013 24.4 24.55 24.25 24.5211/14/2013 24.43 24.5 24.35 24.3911/13/2013 24.25 24.62 24.2 24.611/12/2013 23.99 24.5 23.98 24.4311/11/2013 24.04 24.29 23.93 24.17

11/8/2013 24.03 24.12 23.84 24.0911/7/2013 24.37 24.38 24 24.0611/6/2013 24.06 24.31 23.89 24.2511/5/2013 23.92 24.11 23.77 24.0311/4/2013 24.32 24.4 24.15 24.2611/1/2013 24.51 24.65 24.22 24.33

10/31/2013 24.52 24.73 24.43 24.4710/30/2013 24.53 24.68 24.4 24.510/29/2013 24.4 24.67 24.35 24.5210/28/2013 24.18 24.49 24.17 24.3610/25/2013 24.11 24.24 24.02 24.2410/24/2013 23.86 23.97 23.78 23.7810/23/2013 23.93 24.05 23.56 23.7410/22/2013 24.17 24.2 24.01 24.0710/21/2013 23.94 24.17 23.82 24.1410/18/2013 23.86 23.98 23.68 23.8810/17/2013 23.58 23.94 23.49 23.9210/16/2013 23.26 23.74 23.22 23.710/15/2013 23.4 23.59 23.32 23.39

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10/14/2013 23.09 23.49 23.03 23.4510/11/2013 22.83 23.26 22.82 23.2610/10/2013 22.99 23.22 22.92 23.1

10/9/2013 22.51 22.96 22.48 22.5910/8/2013 22.87 22.88 22.48 22.4810/7/2013 22.71 23 22.57 22.8310/4/2013 22.6 22.85 22.6 22.8110/3/2013 22.82 22.84 22.5 22.610/2/2013 22.71 22.9 22.67 22.8910/1/2013 22.94 23.04 22.7 22.839/30/2013 22.72 23.17 22.6 22.929/27/2013 23.21 23.39 22.88 22.989/26/2013 23.75 23.8 23.2 23.419/25/2013 23.78 23.81 23.58 23.79/24/2013 23.58 23.85 23.58 23.79/23/2013 23.7 23.85 23.61 23.629/20/2013 23.94 23.96 23.57 23.779/19/2013 23.96 24.09 23.84 23.919/18/2013 23.85 23.92 23.56 23.99/17/2013 23.69 23.89 23.67 23.749/16/2013 23.63 23.71 23.35 23.399/13/2013 23.05 23.46 23.04 23.449/12/2013 22.78 22.84 22.6 22.639/11/2013 22.91 22.98 22.71 22.819/10/2013 23.07 23.13 22.93 22.98

9/9/2013 22.72 23.03 22.7 22.919/6/2013 22.69 22.82 22.4 22.679/5/2013 22.68 22.73 22.49 22.69/4/2013 22.38 22.78 22.28 22.649/3/2013 22.21 22.24 21.97 22.07

8/30/2013 22.24 22.25 21.9 21.988/29/2013 22.24 22.43 22.05 22.068/28/2013 22.2 22.41 22.13 22.298/27/2013 22.12 22.22 22 22.198/26/2013 22.4 22.52 22.23 22.278/23/2013 22.34 22.57 22.33 22.448/22/2013 22.26 22.39 22.17 22.268/21/2013 22.54 22.58 22.06 22.178/20/2013 22.31 22.68 22.3 22.528/19/2013 22.08 22.7 22.05 22.288/16/2013 22.06 22.19 21.89 21.918/15/2013 22.28 22.41 21.97 22.038/14/2013 22.4 22.74 22.35 22.578/13/2013 22.69 22.7 22.39 22.528/12/2013 22.48 22.7 22.45 22.64

8/9/2013 22.41 22.55 22.31 22.518/8/2013 22.75 22.78 22.41 22.458/7/2013 22.71 22.79 22.55 22.7

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8/6/2013 22.88 22.93 22.71 22.88/5/2013 23 23.02 22.85 22.928/2/2013 23.18 23.22 23 23.228/1/2013 23.41 23.49 23.02 23.2

7/31/2013 23.37 23.46 23.26 23.347/30/2013 23.3 23.5 23.28 23.387/29/2013 23.17 23.3 23.07 23.247/26/2013 22.94 23.26 22.9 23.267/25/2013 22.85 23.06 22.82 23.067/24/2013 22.93 23 22.63 22.937/23/2013 22.85 22.99 22.64 22.757/22/2013 23.07 23.12 22.73 22.777/19/2013 23.11 23.15 22.81 23.047/18/2013 23.47 23.61 23.16 23.247/17/2013 24.3 24.43 24.04 24.157/16/2013 24 24.3 23.9 24.257/15/2013 23.84 23.97 23.76 23.947/12/2013 23.95 24 23.65 23.97/11/2013 23.56 24 23.47 23.997/10/2013 23.14 23.3 22.64 23.25

7/9/2013 23.3 23.42 23.11 23.147/8/2013 23.86 23.91 23.03 23.197/5/2013 23.95 24.08 23.68 24.067/3/2013 23.7 23.9 23.45 23.767/2/2013 23.87 24.04 23.54 23.727/1/2013 24.35 24.42 23.84 23.89

6/28/2013 23.93 24.41 23.73 24.236/27/2013 24.1 24.35 24.01 24.056/26/2013 24.2 24.24 23.89 24.016/25/2013 23.83 23.94 23.57 23.886/24/2013 24.08 24.22 23.41 23.586/21/2013 24.31 24.35 24.09 24.26/20/2013 24.73 24.75 24.1 24.196/19/2013 25.49 25.68 25 256/18/2013 25.07 25.65 25.07 25.476/17/2013 25.11 25.35 24.91 25.16/14/2013 25.02 25.14 24.84 24.926/13/2013 24.46 25.01 24.4 24.996/12/2013 24.96 25 24.41 24.466/11/2013 24.83 25.08 24.63 24.716/10/2013 24.71 25.09 24.64 25.01

6/7/2013 24.4 24.7 24.22 24.596/6/2013 24.75 24.94 24.27 24.656/5/2013 25.11 25.28 24.65 24.76/4/2013 25.56 25.98 25.35 25.366/3/2013 24.88 25.45 24.83 25.24

5/31/2013 24.23 24.71 24.13 24.285/30/2013 24.28 24.5 24.21 24.21

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5/29/2013 23.96 24.38 23.89 24.275/28/2013 24.16 24.4 24 24.085/24/2013 23.92 24.04 23.58 23.925/23/2013 23.88 24.12 23.84 24.055/22/2013 24.13 24.53 23.94 24.075/21/2013 24.1 24.25 24 24.155/20/2013 24.08 24.25 24 24.085/17/2013 24.12 24.22 23.9 24.045/16/2013 24.06 24.4 23.93 23.945/15/2013 23.89 24.2 23.81 24.25/14/2013 24.08 24.17 23.78 23.845/13/2013 24.41 24.49 24.03 24.085/10/2013 24.42 24.54 24.35 24.5

5/9/2013 24.2 24.57 24.1 24.365/8/2013 24.04 24.29 23.96 24.255/7/2013 23.97 24.25 23.94 24.155/6/2013 24.17 24.21 23.85 23.915/3/2013 24.22 24.22 23.95 23.965/2/2013 23.73 24.15 23.67 24.115/1/2013 23.82 24.17 23.81 23.99

4/30/2013 23.72 24 23.64 23.954/29/2013 23.44 23.83 23.4 23.764/26/2013 23.31 23.56 23.14 23.44/25/2013 23.65 23.87 23.32 23.384/24/2013 23.28 23.79 23.25 23.664/23/2013 22.98 23.45 22.93 23.384/22/2013 22.48 22.94 22.35 22.884/19/2013 22.27 22.45 22.21 22.444/18/2013 22.05 22.4 21.9 22.244/17/2013 21.79 22.14 21.57 21.934/16/2013 21.47 21.93 21.42 21.924/15/2013 21.5 21.71 21.36 21.384/12/2013 21.74 21.8 21.47 21.684/11/2013 21.73 21.91 21.49 21.834/10/2013 21.72 22.42 21.71 22.26

4/9/2013 21.11 21.89 21.06 21.754/8/2013 20.89 21.09 20.8 21.094/5/2013 20.94 20.97 20.75 20.944/4/2013 21.05 21.19 20.96 21.144/3/2013 21.45 21.5 21.01 21.054/2/2013 21.52 21.58 21.32 21.464/1/2013 21.67 21.7 21.32 21.43

3/28/2013 21.85 21.91 21.6 21.843/27/2013 21.62 21.98 21.51 21.833/26/2013 21.28 21.77 21.25 21.773/25/2013 21.39 21.42 21.08 21.153/22/2013 21.15 21.34 21.08 21.333/21/2013 21.01 21.14 20.9 21.04

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3/20/2013 21.31 21.36 21.11 21.183/19/2013 21.26 21.36 21.01 21.143/18/2013 21.24 21.49 21.19 21.263/15/2013 21.61 21.7 21.27 21.383/14/2013 21.74 21.85 21.51 21.653/13/2013 21.56 21.7 21.46 21.663/12/2013 21.66 21.73 21.45 21.643/11/2013 21.53 21.74 21.28 21.69

3/8/2013 21.95 22.04 21.47 21.583/7/2013 21.8 21.99 21.75 21.893/6/2013 21.53 21.79 21.51 21.753/5/2013 21.34 21.59 21.3 21.513/4/2013 21.16 21.29 20.96 21.273/1/2013 20.79 21.19 20.66 21.03

2/28/2013 20.91 21.08 20.82 20.882/27/2013 20.6 21.04 20.51 20.932/26/2013 20.49 20.85 20.41 20.582/25/2013 20.57 20.65 20.23 20.232/22/2013 20.32 20.49 20.1 20.422/21/2013 20.75 20.76 20.12 20.252/20/2013 21.09 21.1 20.7 20.732/19/2013 21.18 21.21 21.06 21.092/15/2013 21.23 21.3 20.99 21.122/14/2013 21.13 21.28 21.06 21.232/13/2013 21.22 21.3 21.15 21.252/12/2013 21.03 21.25 20.99 21.192/11/2013 21 21.06 20.92 21.03

2/8/2013 20.9 21.09 20.88 212/7/2013 20.97 20.97 20.7 20.812/6/2013 21.16 21.2 20.91 20.992/5/2013 21.14 21.33 21.06 21.182/4/2013 21.3 21.38 21.15 21.162/1/2013 21.19 21.36 21.09 21.36

1/31/2013 21.3 21.32 21.02 21.041/30/2013 21.29 21.46 21.22 21.371/29/2013 21.09 21.3 21.01 21.281/28/2013 21.01 21.09 20.99 21.051/25/2013 21.04 21.07 20.88 20.961/24/2013 21.1 21.18 20.93 20.951/23/2013 21.2 21.22 21.04 21.111/22/2013 21.28 21.29 21.03 21.171/18/2013 21.36 21.44 21.03 21.251/17/2013 22.12 23.06 22.11 22.681/16/2013 21.91 22.2 21.85 22.111/15/2013 21.95 22.13 21.78 21.881/14/2013 21.98 22.13 21.75 221/11/2013 21.8 22.07 21.77 221/10/2013 21.61 21.82 21.53 21.8

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1/9/2013 21.22 21.47 21.2 21.451/8/2013 21.23 21.56 21.02 21.091/7/2013 21.28 21.45 21.18 21.251/4/2013 21.36 21.39 21.05 21.161/3/2013 21.4 21.48 21.14 21.321/2/2013 21.15 21.38 21.05 21.38

12/31/2012 20.25 20.66 20.16 20.6212/28/2012 20.35 20.49 20.21 20.2312/27/2012 20.7 20.76 20.31 20.5112/26/2012 20.74 20.93 20.64 20.6512/24/2012 20.65 20.73 20.51 20.6412/21/2012 20.66 20.85 20.48 20.7712/20/2012 21.21 21.24 20.88 21.0312/19/2012 21.07 21.31 20.86 21.112/18/2012 20.68 20.99 20.57 20.9612/17/2012 20.55 20.69 20.36 20.5712/14/2012 20.52 20.74 20.35 20.5312/13/2012 20.63 20.92 20.44 20.4912/12/2012 20.86 20.99 20.54 20.6712/11/2012 20.16 20.74 20.15 20.6512/10/2012 20.15 20.17 19.98 20.08

12/7/2012 20.33 20.36 20.03 20.1612/6/2012 19.99 20.29 19.97 20.1612/5/2012 19.94 20.02 19.74 19.8512/4/2012 19.63 20.05 19.61 19.9712/3/2012 19.88 19.92 19.5 19.54

11/30/2012 19.63 19.77 19.42 19.5711/29/2012 19.83 20.04 19.46 19.5311/28/2012 19.89 20.11 19.64 20.0911/27/2012 19.95 20.19 19.92 19.9311/26/2012 19.69 19.92 19.62 19.8911/23/2012 19.53 19.84 19.51 19.7211/21/2012 19.52 19.55 19.23 19.3611/20/2012 19.88 19.88 19.35 19.5111/19/2012 19.99 20.45 19.73 20.2511/16/2012 20.07 20.26 19.77 20.1911/15/2012 20.01 20.29 19.98 20.0311/14/2012 20.42 20.5 19.95 19.9611/13/2012 20.57 20.82 20.18 20.2811/12/2012 20.88 20.91 20.65 20.77

11/9/2012 20.81 21.14 20.8 20.811/8/2012 20.9 21.13 20.82 20.8311/7/2012 21.54 21.55 20.9 20.9111/6/2012 21.73 22 21.63 21.7311/5/2012 22.02 22.11 21.72 21.8411/2/2012 22.39 22.54 22.02 22.0611/1/2012 21.76 22.41 21.72 22.26

10/31/2012 22.01 22.09 21.59 21.63

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10/26/2012 21.77 22.02 21.6 21.9510/25/2012 21.58 21.75 21.51 21.6910/24/2012 21.73 21.74 21.41 21.4610/23/2012 21.32 21.77 21.3 21.5910/22/2012 21.4 21.57 21.3 21.4610/19/2012 21.67 21.69 21.22 21.2710/18/2012 21.82 21.86 21.6 21.6710/17/2012 21.27 21.98 21.27 21.7910/16/2012 21.99 22.47 21.95 22.3510/15/2012 21.53 21.9 21.5 21.7310/12/2012 21.58 21.85 21.4 21.4810/11/2012 21.87 21.88 21.52 21.6810/10/2012 21.9 22 21.7 21.76

10/9/2012 22.16 22.19 21.85 21.910/8/2012 22.62 22.62 22.4 22.5110/5/2012 22.66 22.9 22.58 22.6810/4/2012 22.58 22.62 22.27 22.4710/3/2012 22.86 22.97 22.49 22.5510/2/2012 22.89 23 22.66 22.8410/1/2012 22.75 23.17 22.68 22.769/28/2012 23.06 23.06 22.59 22.669/27/2012 22.76 23.14 22.65 23.099/26/2012 22.57 22.75 22.48 22.659/25/2012 22.95 22.97 22.51 22.549/24/2012 22.93 22.95 22.52 22.89/21/2012 23.22 23.27 23.01 23.139/20/2012 23.09 23.18 22.99 23.189/19/2012 23.5 23.51 23.14 23.159/18/2012 23.31 23.52 23.14 23.379/17/2012 23.29 23.44 23.16 23.319/14/2012 23.45 23.54 23.23 23.379/13/2012 23.01 23.41 22.83 23.369/12/2012 23.39 23.58 23.06 23.199/11/2012 23.3 23.65 23.2 23.349/10/2012 23.95 24.6 23.17 23.26

9/7/2012 24.13 24.7 24.01 24.199/6/2012 24.47 25.1 24.46 25.19/5/2012 24.4 24.78 24.19 24.399/4/2012 25.03 25.06 24.27 24.42

8/31/2012 24.5 25 24.48 24.838/30/2012 24.57 24.64 24.15 24.278/29/2012 24.93 24.96 24.54 24.678/28/2012 24.79 25.01 24.68 258/27/2012 24.86 24.94 24.75 24.848/24/2012 25.05 25.07 24.7 24.918/23/2012 25.58 25.59 24.93 25.048/22/2012 25.89 26.01 25.66 25.738/21/2012 26.33 26.34 25.99 26.11

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8/20/2012 26.22 26.33 26.1 26.238/17/2012 26.57 26.63 26.21 26.338/16/2012 26.44 26.65 26.34 26.598/15/2012 26.23 26.47 26.19 26.278/14/2012 26.8 26.81 26.38 26.488/13/2012 26.76 26.83 26.41 26.698/10/2012 26.7 26.9 26.53 26.88

8/9/2012 26.64 26.89 26.57 26.78/8/2012 26.48 26.74 26.3 26.68/7/2012 26.46 26.64 26.35 26.58/6/2012 26.22 26.56 26.2 26.318/3/2012 26.25 26.35 25.98 26.238/2/2012 25.74 26.26 25.68 25.918/1/2012 25.83 26 25.67 25.93

7/31/2012 25.76 26.04 25.7 25.77/30/2012 25.98 26.2 25.68 25.767/27/2012 25.68 26.07 25.47 26.027/26/2012 25.59 25.84 25.34 25.57/25/2012 25.02 25.53 25 25.137/24/2012 25.19 25.22 24.79 25.017/23/2012 25.05 25.36 24.8 25.267/20/2012 25.87 26 25.5 25.527/19/2012 26.35 26.35 25.82 26.067/18/2012 25.2 26.42 25.05 26.217/17/2012 25.33 25.66 24.85 25.387/16/2012 25.23 25.31 25 25.137/13/2012 24.8 25.39 24.76 25.257/12/2012 25.16 25.17 24.68 24.747/11/2012 25.57 25.62 25.22 25.397/10/2012 25.85 26.42 25.44 25.56

7/9/2012 26.05 26.21 25.81 26.177/6/2012 26.44 26.5 25.93 26.167/5/2012 26.81 26.84 26.37 26.557/3/2012 26.72 26.86 26.56 26.867/2/2012 26.51 26.73 26.39 26.67

6/29/2012 26.28 26.65 26.21 26.656/28/2012 26 26.03 25.45 25.836/27/2012 26.11 26.34 26.06 26.226/26/2012 26.16 26.28 25.74 26.016/25/2012 26.6 26.65 25.88 26.056/22/2012 26.88 26.96 26.67 26.946/21/2012 27.51 27.59 26.61 26.716/20/2012 27.48 27.75 27.38 27.646/19/2012 27.59 27.63 27.25 27.516/18/2012 27.29 27.61 27.22 27.426/15/2012 27.02 27.44 26.88 27.346/14/2012 26.58 27.06 26.42 26.986/13/2012 26.46 26.87 26.34 26.54

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6/12/2012 26.12 26.54 26.05 26.526/11/2012 26.55 26.63 25.96 25.99

6/8/2012 25.88 26.48 25.85 26.416/7/2012 26.37 26.43 25.89 25.946/6/2012 25.51 26.11 25.43 26.076/5/2012 25.04 25.57 25 25.436/4/2012 25.28 25.36 24.84 25.046/1/2012 25.4 25.71 25.12 25.14

5/31/2012 25.78 26.07 25.7 25.845/30/2012 25.9 26.19 25.8 26.135/29/2012 26.04 26.32 25.86 26.095/25/2012 25.72 25.85 25.57 25.745/24/2012 25.57 25.78 25.31 25.655/23/2012 25.47 25.51 24.92 25.445/22/2012 26.27 26.28 25.78 26.035/21/2012 26.06 26.19 25.68 26.155/18/2012 26.24 26.57 26.05 26.075/17/2012 26.47 26.66 26.19 26.195/16/2012 26.91 26.99 26.49 26.55/15/2012 27.05 27.25 26.82 26.885/14/2012 27.35 27.4 26.88 27.025/11/2012 27.26 27.95 27.2 27.635/10/2012 27.34 27.46 26.96 27.24

5/9/2012 27.08 27.35 26.75 27.195/8/2012 27.48 27.6 27.01 27.375/7/2012 27.83 27.98 27.65 27.765/4/2012 28.32 28.38 27.84 27.95/3/2012 29.26 29.27 28.42 28.565/2/2012 28.82 29.27 28.72 29.185/1/2012 28.47 29.05 28.37 28.95

4/30/2012 28.42 28.54 28.29 28.44/27/2012 28.11 28.53 28.1 28.384/26/2012 27.8 28.3 27.75 28.224/25/2012 27.43 27.91 27.35 27.864/24/2012 27.35 27.6 27.24 27.314/23/2012 27.33 27.57 27.24 27.454/20/2012 27.72 27.97 27.57 27.64/19/2012 27.87 28.09 27.44 27.694/18/2012 27.58 28.11 27.46 27.954/17/2012 28.45 28.78 28.41 28.474/16/2012 28.26 28.55 28.14 28.414/13/2012 28.35 28.39 28.08 28.094/12/2012 27.97 28.52 27.93 28.484/11/2012 27.68 28 27.63 27.854/10/2012 27.7 27.86 27.41 27.45

4/9/2012 27.73 27.9 27.59 27.764/5/2012 27.87 28.1 27.8 28.074/4/2012 27.87 28.03 27.6 27.93

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4/3/2012 28.31 28.37 27.95 28.114/2/2012 28.04 28.45 27.99 28.38

3/30/2012 28.39 28.45 28.02 28.123/29/2012 27.75 28.18 27.67 28.163/28/2012 28.13 28.25 27.8 27.83/27/2012 28.24 28.28 28.07 28.193/26/2012 28.01 28.26 27.96 28.193/23/2012 27.94 27.99 27.68 27.883/22/2012 27.73 27.95 27.61 27.93/21/2012 27.79 27.89 27.7 27.783/20/2012 27.65 27.9 27.56 27.753/19/2012 27.66 27.9 27.54 27.743/16/2012 27.82 27.96 27.7 27.733/15/2012 27.5 27.85 27.43 27.753/14/2012 27.45 27.9 27.34 27.463/13/2012 27.12 27.5 27.12 27.493/12/2012 27 27.08 26.91 26.99

3/9/2012 26.94 27.17 26.87 27.073/8/2012 27 27.04 26.75 26.843/7/2012 26.58 27 26.52 26.913/6/2012 26.25 26.63 26.2 26.613/5/2012 26.91 26.91 26.36 26.543/2/2012 26.9 27.03 26.77 26.923/1/2012 27.06 27.14 26.71 26.86

2/29/2012 27.25 27.3 26.84 26.882/28/2012 26.93 27.3 26.82 27.242/27/2012 26.52 27.2 26.45 26.892/24/2012 26.72 26.8 26.45 26.72/23/2012 26.56 26.86 26.35 26.662/22/2012 27.06 27.35 26.51 26.732/21/2012 27.34 27.37 27.01 27.162/17/2012 26.86 27.5 26.82 27.372/16/2012 26.4 26.95 26.35 26.832/15/2012 26.88 26.88 26.5 26.582/14/2012 26.57 26.78 26.5 26.782/13/2012 26.83 26.84 26.52 26.72/10/2012 26.74 26.79 26.45 26.7

2/9/2012 26.91 27 26.79 26.862/8/2012 26.66 26.99 26.61 26.852/7/2012 26.63 26.74 26.43 26.642/6/2012 26.55 26.73 26.36 26.722/3/2012 26.67 26.95 26.58 26.742/2/2012 26.59 26.74 26.46 26.492/1/2012 26.74 26.84 26.51 26.55

1/31/2012 26.79 26.8 26.28 26.421/30/2012 26.51 26.8 26.27 26.741/27/2012 26.66 26.84 26.59 26.731/26/2012 26.95 27 26.6 26.75

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1/25/2012 26.84 26.95 26.5 26.91/24/2012 26.7 26.98 26.61 26.91/23/2012 26.35 26.89 26.34 26.711/20/2012 25.87 26.47 25.5 26.381/19/2012 25.52 25.68 25.37 25.631/18/2012 25.13 25.48 25.01 25.391/17/2012 25.18 25.4 24.97 25.041/13/2012 25.69 25.72 25.1 25.141/12/2012 25.85 25.9 25.54 25.751/11/2012 25.43 25.89 25.34 25.81/10/2012 25.71 25.92 25.51 25.59

1/9/2012 25.4 25.56 25.22 25.471/6/2012 25.21 25.4 25.01 25.251/5/2012 25.06 25.45 24.98 25.41/4/2012 24.57 25.13 24.53 25.111/3/2012 24.62 24.89 24.39 24.54

12/30/2011 24.43 24.62 24.25 24.2512/29/2011 24.36 24.58 24.28 24.5512/28/2011 24.52 24.56 24.18 24.2312/27/2011 24.45 24.7 24.4 24.5612/23/2011 24.13 24.4 24.04 24.412/22/2011 23.83 24.1 23.76 24.0212/21/2011 23.95 24.09 23.43 23.6812/20/2011 23.49 23.98 23.44 23.8412/19/2011 23.39 23.48 23.05 23.112/16/2011 23.47 23.89 23.23 23.2312/15/2011 23.58 23.67 23.25 23.3112/14/2011 23.48 23.56 23.14 23.3112/13/2011 24.05 24.06 23.42 23.5612/12/2011 24.18 24.29 23.61 24

12/9/2011 24.41 25.1 24.38 25.0112/8/2011 25.45 25.53 24.63 24.7112/7/2011 25.33 25.78 25.13 25.6612/6/2011 25.09 25.48 25 25.3512/5/2011 25.03 25.2 24.79 25.0112/2/2011 25.01 25.14 24.6 24.6412/1/2011 24.87 24.97 24.4 24.92

11/30/2011 24.28 24.94 24.23 24.9111/29/2011 23.49 23.9 23.42 23.5811/28/2011 23.28 23.57 23.25 23.4611/25/2011 22.55 23.22 22.51 22.7311/23/2011 23.04 23.14 22.69 22.711/22/2011 23.38 23.53 23.09 23.2411/21/2011 24.03 24.15 23.35 23.5711/18/2011 24.17 24.43 24.02 24.2911/17/2011 24.9 24.95 24.12 24.3411/16/2011 25.13 25.5 24.88 24.9411/15/2011 24.66 25.46 24.62 25.34

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11/14/2011 24.78 24.9 24.48 24.6311/11/2011 24.31 24.9 24.3 24.8511/10/2011 24.14 24.25 23.74 24.06

11/9/2011 24.24 24.32 23.8 23.8411/8/2011 24.48 24.77 24.26 24.7511/7/2011 23.7 24.31 23.63 24.2811/4/2011 24.04 24.07 23.66 23.7411/3/2011 23.79 24.23 23.28 24.211/2/2011 24.02 24.06 23.55 23.8511/1/2011 24.11 24.35 23.82 23.9

10/31/2011 24.57 24.92 24.49 24.5410/28/2011 24.87 25.03 24.73 24.9810/27/2011 24.93 25.2 24.85 25.1310/26/2011 24.8 24.84 24.34 24.710/25/2011 24.47 24.85 24.39 24.6310/24/2011 24.05 24.79 24.02 24.5910/21/2011 23.86 24.25 23.8 24.0310/20/2011 23.88 23.88 23.35 23.6110/19/2011 24.01 24.5 23.86 24.2410/18/2011 23.17 23.49 23.07 23.410/17/2011 23.32 23.6 23.14 23.2810/14/2011 23.44 23.5 23.25 23.510/13/2011 23.02 23.46 22.96 23.3910/12/2011 23 23.28 22.98 23.1210/11/2011 22.76 23 22.61 22.9910/10/2011 22.48 22.89 22.47 22.88

10/7/2011 22.07 22.5 21.91 22.2910/6/2011 21.92 22.05 21.67 22.0310/5/2011 21.25 21.97 21.06 21.8510/4/2011 20.45 21.27 20.4 21.2210/3/2011 21.18 21.4 20.57 20.629/30/2011 21.93 22.07 21.33 21.349/29/2011 22.38 22.6 21.87 22.219/28/2011 22.61 22.71 22.3 22.319/27/2011 22.5 22.98 22.37 22.549/26/2011 22.16 22.44 21.79 22.249/23/2011 21.39 22.27 21.22 22.169/22/2011 21.55 21.9 21.34 21.629/21/2011 22.18 22.5 21.9 21.949/20/2011 21.99 22.47 21.86 22.29/19/2011 21.77 22.06 21.63 21.939/16/2011 21.65 22.09 21.43 21.979/15/2011 21.31 21.67 21.22 21.549/14/2011 20.89 21.4 20.71 21.129/13/2011 20.32 20.9 20.21 20.769/12/2011 19.53 20.29 19.52 20.28

9/9/2011 19.75 20.22 19.66 19.79/8/2011 20.05 20.3 19.81 19.9

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9/7/2011 20.02 20.14 19.86 20.089/6/2011 19.25 19.58 19.16 19.549/2/2011 19.8 19.93 19.57 19.649/1/2011 20.28 20.35 19.99 19.99

8/31/2011 20.23 20.41 20.02 20.138/30/2011 20.19 20.35 19.92 20.248/29/2011 19.94 20.31 19.83 20.38/26/2011 19.43 19.97 19.27 19.778/25/2011 19.83 19.88 19.4 19.428/24/2011 19.58 19.88 19.37 19.88/23/2011 19.36 19.71 19.3 19.718/22/2011 19.55 19.68 19.26 19.388/19/2011 19.61 19.96 19.16 19.198/18/2011 20.15 20.18 19.55 19.778/17/2011 20.58 20.98 20.4 20.678/16/2011 20.74 21.07 20.5 20.798/15/2011 20.75 20.93 20.63 20.898/12/2011 20.78 20.91 20.56 20.658/11/2011 20.14 21 20.07 20.768/10/2011 20.27 20.51 19.77 19.93

8/9/2011 20.28 20.62 19.52 20.68/8/2011 20.24 20.87 20.08 20.118/5/2011 21 21.2 20.21 20.798/4/2011 21.47 21.81 20.84 20.858/3/2011 21.6 21.97 21.35 21.818/2/2011 22.01 22.19 21.71 21.728/1/2011 22.57 22.69 21.9 22.24

7/29/2011 22.35 22.62 22.22 22.337/28/2011 22.47 22.88 22.33 22.557/27/2011 22.65 22.75 22.35 22.537/26/2011 23.03 23.15 22.83 22.97/25/2011 22.94 23.28 22.8 23.037/22/2011 22.94 23.25 22.78 23.137/21/2011 22.35 22.88 22.17 22.817/20/2011 23.1 23.22 22.9 22.997/19/2011 22.44 23.1 22.44 23.067/18/2011 22.29 22.43 22.08 22.287/15/2011 22.27 22.56 22.2 22.377/14/2011 22.56 22.7 22.21 22.277/13/2011 22.57 22.73 22.32 22.487/12/2011 22.62 22.72 22.24 22.457/11/2011 22.84 22.98 22.73 22.85

7/8/2011 22.96 23.2 22.81 23.097/7/2011 22.89 23.39 22.86 23.237/6/2011 22.45 22.82 22.44 22.757/5/2011 22.69 22.69 22.36 22.447/1/2011 22.21 22.58 22.1 22.53

6/30/2011 21.48 22.22 21.48 22.16

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6/29/2011 21.53 21.57 21.31 21.396/28/2011 21.42 21.54 21.26 21.496/27/2011 21.17 21.48 21 21.346/24/2011 21.61 21.74 21.18 21.26/23/2011 21.2 21.72 21.06 21.716/22/2011 21.54 21.61 21.38 21.46/21/2011 21.46 21.69 21.22 21.656/20/2011 21.19 21.42 21.17 21.336/17/2011 21.68 21.68 21.07 21.196/16/2011 21.46 21.79 21.27 21.426/15/2011 21.68 21.83 21.4 21.426/14/2011 21.6 21.92 21.55 21.826/13/2011 21.43 21.6 21.28 21.396/10/2011 21.73 21.8 21.26 21.38

6/9/2011 21.87 22.01 21.7 21.766/8/2011 21.96 22.13 21.73 21.826/7/2011 22.04 22.44 22 22.066/6/2011 21.74 21.95 21.66 21.836/3/2011 21.79 22.1 21.67 21.736/2/2011 22.01 22.33 21.86 22.096/1/2011 22.45 22.48 21.98 22

5/31/2011 22.45 22.64 22.32 22.515/27/2011 22.46 22.52 22.11 22.215/26/2011 22.62 22.64 22.45 22.55/25/2011 22.52 22.83 22.41 22.685/24/2011 22.89 22.91 22.59 22.615/23/2011 22.92 23.03 22.76 22.865/20/2011 23.46 23.54 23.15 23.225/19/2011 23.32 23.87 23.2 23.545/18/2011 23.6 23.96 23.52 23.885/17/2011 23.37 23.57 23.08 23.555/16/2011 23.32 23.95 23.27 23.645/13/2011 23.66 23.8 23.36 23.415/12/2011 23.25 23.83 23.23 23.715/11/2011 23.29 23.63 23.2 23.415/10/2011 22.85 23.2 22.82 23.03

5/9/2011 23.13 23.2 22.65 22.765/6/2011 23.46 23.59 23.13 23.255/5/2011 23.43 23.86 23.17 23.615/4/2011 23.05 23.56 22.72 23.55/3/2011 22.81 23.46 22.67 23.235/2/2011 23.02 23.18 22.81 22.91

4/29/2011 22.8 23.19 22.63 23.154/28/2011 22.45 22.87 22.45 22.84/27/2011 22.54 22.68 22.33 22.634/26/2011 21.82 22.53 21.81 22.484/25/2011 21.37 22.01 21.33 21.944/21/2011 21.39 21.49 21.19 21.46

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4/20/2011 21.21 21.44 20.94 21.414/19/2011 19.67 19.98 19.62 19.864/18/2011 19.53 19.74 19.45 19.624/15/2011 19.6 19.75 19.53 19.754/14/2011 19.64 19.66 19.41 19.584/13/2011 19.88 19.95 19.72 19.784/12/2011 20.01 20.07 19.69 19.764/11/2011 20.07 20.2 20.01 20.12

4/8/2011 20.04 20.2 19.95 20.024/7/2011 19.92 20.09 19.82 20.034/6/2011 19.86 19.95 19.71 19.954/5/2011 19.59 19.88 19.55 19.714/4/2011 19.79 19.8 19.36 19.494/1/2011 20.38 20.38 19.56 19.72

3/31/2011 20.29 20.37 19.94 20.183/30/2011 20.42 20.46 20.11 20.463/29/2011 20.27 20.29 19.98 20.283/28/2011 20.44 20.66 20.33 20.343/25/2011 20.3 20.6 20.21 20.373/24/2011 20.51 20.51 20.28 20.383/23/2011 20.09 20.36 20.01 20.293/22/2011 20.18 20.21 19.98 20.153/21/2011 19.9 20.39 19.88 20.193/18/2011 19.98 20.15 19.88 19.933/17/2011 20.02 20.06 19.8 19.93/16/2011 20.03 20.37 19.71 19.813/15/2011 20.23 20.33 20.01 20.183/14/2011 20.66 20.88 20.62 20.843/11/2011 20.63 20.96 20.61 20.873/10/2011 20.94 21.02 20.72 20.79

3/9/2011 21.08 21.34 20.94 21.23/8/2011 21.26 21.26 21.02 21.133/7/2011 21.69 21.74 21.08 21.213/4/2011 21.88 22.08 21.4 21.563/3/2011 21.66 21.88 21.65 21.793/2/2011 21.42 21.7 21.4 21.493/1/2011 21.61 21.69 21.35 21.39

2/28/2011 21.75 21.84 21.37 21.472/25/2011 21.52 22 21.46 21.862/24/2011 21.1 21.41 21.03 21.292/23/2011 21.7 21.72 21.01 21.152/22/2011 21.95 22.19 21.73 21.812/18/2011 22.09 22.21 22.01 22.142/17/2011 21.68 22.06 21.67 21.972/16/2011 21.57 21.88 21.43 21.752/15/2011 21.48 21.55 21.28 21.452/14/2011 21.63 21.8 21.5 21.572/11/2011 21.63 21.85 21.52 21.76

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2/10/2011 21.43 21.84 21.35 21.82/9/2011 21.53 21.6 21.42 21.462/8/2011 21.65 21.68 21.4 21.642/7/2011 21.74 21.86 21.63 21.692/4/2011 21.47 21.7 21.43 21.682/3/2011 21.41 21.65 21.3 21.572/2/2011 21.48 21.71 21.47 21.562/1/2011 21.49 21.7 21.28 21.48

1/31/2011 21.55 21.64 21.03 21.461/28/2011 21.76 21.89 21.35 21.461/27/2011 21.76 21.94 21.65 21.751/26/2011 21.77 21.9 21.66 21.751/25/2011 21.28 21.57 21.17 21.551/24/2011 21.03 21.24 20.93 21.241/21/2011 20.95 21.04 20.81 20.821/20/2011 20.94 20.95 20.62 20.951/19/2011 21.07 21.13 20.95 21.011/18/2011 21.03 21.2 20.94 21.081/14/2011 21.35 21.42 20.97 21.081/13/2011 21.26 21.32 21.08 21.291/12/2011 21.27 21.33 21.07 21.31/11/2011 20.83 21.12 20.74 21.051/10/2011 20.71 20.77 20.57 20.69

1/7/2011 20.71 20.77 20.27 20.661/6/2011 20.67 20.82 20.55 20.771/5/2011 21.19 21.21 20.9 20.941/4/2011 21.12 21.2 21.05 21.151/3/2011 21.01 21.05 20.78 20.85

12/31/2010 21.03 21.06 20.94 21.0312/30/2010 20.95 21.08 20.93 21.0212/29/2010 20.94 21.06 20.88 20.9412/28/2010 20.81 20.93 20.76 20.8812/27/2010 20.75 20.86 20.65 20.8412/23/2010 20.84 20.92 20.7 20.8412/22/2010 20.95 21.02 20.81 20.8912/21/2010 21.27 21.27 21.08 21.112/20/2010 21.39 21.43 21.2 21.2312/17/2010 21.31 21.49 21.27 21.4612/16/2010 21.35 21.39 21.25 21.312/15/2010 21.35 21.5 21.28 21.2812/14/2010 21.4 21.56 21.3 21.4712/13/2010 22.01 22.02 21.34 21.512/10/2010 21.91 21.98 21.8 21.91

12/9/2010 22.01 22.07 21.72 21.8112/8/2010 21.69 21.9 21.66 21.8212/7/2010 21.84 21.86 21.58 21.5812/6/2010 21.61 21.76 21.55 21.712/3/2010 21.63 21.78 21.62 21.69

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12/2/2010 21.5 21.77 21.48 21.712/1/2010 21.46 21.6 21.42 21.48

11/30/2010 21.18 21.3 21.07 21.1611/29/2010 21.15 21.45 21.12 21.3311/26/2010 21.24 21.43 21.1 21.3411/24/2010 21.23 21.57 21.17 21.3911/23/2010 21.04 21.22 20.81 21.0911/22/2010 20.92 21.28 20.88 21.2511/19/2010 20.97 21.2 20.88 21.1411/18/2010 21.05 21.24 20.92 21.0211/17/2010 21.02 21.22 20.93 21.0811/16/2010 21.13 21.27 20.88 21.0711/15/2010 21.65 21.66 21.26 21.311/12/2010 21.44 21.81 21.33 21.5311/11/2010 20.69 21.23 20.55 21.2111/10/2010 21.15 21.17 20.82 21.04

11/9/2010 21.2 21.35 21.03 21.1611/8/2010 21.34 21.5 21.17 21.2311/5/2010 21.01 21.29 20.97 21.2411/4/2010 20.66 21.02 20.56 20.9711/3/2010 20.34 20.52 20.22 20.4811/2/2010 20.64 20.7 20.29 20.3411/1/2010 20.35 20.67 20.34 20.57

10/29/2010 20.45 20.56 20.01 20.0510/28/2010 20.29 20.53 20.02 20.4710/27/2010 19.93 20.2 19.81 20.1910/26/2010 19.79 20.11 19.73 20.0410/25/2010 19.95 20 19.8 19.8710/22/2010 19.79 19.93 19.75 19.8410/21/2010 19.75 19.86 19.57 19.7610/20/2010 19.3 19.78 19.29 19.6410/19/2010 19.01 19.39 18.9 19.2110/18/2010 19.26 19.32 18.97 19.1910/15/2010 19.44 19.47 19.2 19.3210/14/2010 19.31 19.46 19.2 19.3210/13/2010 19.98 20.03 19.16 19.2410/12/2010 19.65 19.8 19.44 19.7710/11/2010 19.59 19.75 19.53 19.56

10/8/2010 19.4 19.58 19.21 19.5210/7/2010 19.37 19.54 19.21 19.410/6/2010 19.21 19.37 19.13 19.3110/5/2010 19.08 19.29 19.03 19.1510/4/2010 19.25 19.3 18.77 18.8710/1/2010 19.47 20.35 18.88 19.329/30/2010 19.34 19.6 19.11 19.29/29/2010 19.48 19.62 19.12 19.249/28/2010 19.31 19.57 19.1 19.519/27/2010 19.4 19.43 19.18 19.24

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9/24/2010 19.23 19.45 19.18 19.429/23/2010 18.85 19.31 18.75 18.989/22/2010 19.04 19.25 18.89 19.019/21/2010 18.88 19.27 18.84 19.149/20/2010 18.89 18.96 18.69 18.939/17/2010 19.03 19.08 18.67 18.819/16/2010 18.7 18.98 18.58 18.979/15/2010 18.73 18.77 18.54 18.729/14/2010 18.53 18.8 18.34 18.749/13/2010 18.22 18.56 18.2 18.569/10/2010 17.95 18.1 17.84 17.97

9/9/2010 18.05 18.08 17.93 189/8/2010 18.04 18.05 17.75 17.99/7/2010 18.36 18.41 18.05 18.129/3/2010 18.52 18.59 18.2 18.439/2/2010 18.23 18.33 18.08 18.289/1/2010 17.94 18.27 17.89 18.14

8/31/2010 17.88 17.92 17.6 17.678/30/2010 18.25 18.31 17.94 17.968/27/2010 18.23 18.52 17.81 18.378/26/2010 18.6 18.61 18.12 18.188/25/2010 18.26 18.59 18.18 18.488/24/2010 18.56 18.68 18.39 18.418/23/2010 18.92 18.98 18.6 18.78/20/2010 18.92 19 18.76 18.918/19/2010 18.97 19.13 18.81 18.98/18/2010 19.53 19.78 19.47 19.598/17/2010 19.72 19.87 19.5 19.538/16/2010 19.14 19.56 19.11 19.478/13/2010 19.33 19.49 19.15 19.158/12/2010 19.17 19.73 19.08 19.458/11/2010 19.53 19.58 19.3 19.438/10/2010 20.11 20.17 19.7 19.82

8/9/2010 20.79 20.79 20.41 20.658/6/2010 20.45 20.81 20.41 20.658/5/2010 20.64 20.79 20.46 20.678/4/2010 20.81 20.86 20.45 20.738/3/2010 21.01 21.03 20.71 20.878/2/2010 20.9 21.28 20.73 21.15

7/30/2010 20.77 20.92 20.58 20.67/29/2010 21.39 21.48 20.76 21.037/28/2010 21.64 21.69 21.29 21.337/27/2010 21.68 21.74 21.39 21.587/26/2010 21.68 21.74 21.41 21.717/23/2010 21.64 21.72 21.33 21.697/22/2010 21.35 21.98 21.34 21.787/21/2010 21.57 21.65 21.18 21.267/20/2010 21.16 21.73 21.1 21.65

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7/19/2010 21.17 21.61 21.16 21.597/16/2010 21.43 21.48 21 21.027/15/2010 21.34 21.59 21.01 21.517/14/2010 22.06 22.25 21.28 21.367/13/2010 20.97 22.28 20.82 21.017/12/2010 20.31 20.65 20.3 20.57

7/9/2010 20.06 20.28 19.96 20.247/8/2010 20.34 20.36 19.83 20.17/7/2010 19.46 20.17 19.39 20.147/6/2010 19.55 19.76 19.25 19.487/2/2010 19.21 19.37 18.96 19.27/1/2010 19.43 19.62 19 19.25

6/30/2010 19.7 20.03 19.4 19.456/29/2010 20 20.05 19.65 19.796/28/2010 20.11 20.59 19.91 20.366/25/2010 20.4 20.41 19.89 20.036/24/2010 20.62 20.79 20.2 20.326/23/2010 20.94 21.02 20.66 20.816/22/2010 21.13 21.33 20.86 20.986/21/2010 21.67 21.69 21.06 21.196/18/2010 21.56 21.65 21.18 21.46/17/2010 21.59 21.69 21.2 21.526/16/2010 21.41 21.65 21.21 21.496/15/2010 21.11 21.56 21.01 21.486/14/2010 20.95 21.14 20.82 20.896/11/2010 20.31 20.75 20.28 20.646/10/2010 20.35 20.6 20.25 20.55

6/9/2010 20.39 20.6 19.86 19.936/8/2010 20.22 20.23 19.74 20.186/7/2010 20.94 21.03 20.24 20.316/4/2010 21.54 21.6 20.79 20.956/3/2010 21.96 22 21.47 21.96/2/2010 21.39 21.83 21.16 21.816/1/2010 21.3 21.74 21.13 21.18

5/28/2010 21.68 21.75 21.23 21.425/27/2010 21.16 21.8 21.12 21.765/26/2010 21.1 21.5 20.7 20.75/25/2010 20.12 20.87 20.03 20.855/24/2010 20.95 21.22 20.61 20.675/21/2010 20.41 21.17 20.18 20.915/20/2010 21.02 21.24 20.63 20.795/19/2010 21.52 21.71 21 21.65/18/2010 22.14 22.23 21.33 21.435/17/2010 21.75 22.05 21.41 22.025/14/2010 22.19 22.21 21.53 21.895/13/2010 23.03 23.17 22.36 22.55/12/2010 22.6 23.14 22.49 23.095/11/2010 22.32 22.86 22.1 22.28

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5/10/2010 22.29 22.56 22.16 22.555/7/2010 21.26 21.7 20.46 21.315/6/2010 22.15 22.38 19.9 21.515/5/2010 22.1 22.38 21.9 22.175/4/2010 22.93 22.95 22.4 22.565/3/2010 22.98 23.44 22.9 23.26

4/30/2010 23.45 23.46 22.81 22.844/29/2010 23.33 23.51 23.3 23.494/28/2010 23.41 23.46 22.91 23.264/27/2010 23.73 23.88 23.3 23.354/26/2010 24.08 24.13 23.81 23.824/23/2010 23.95 24.06 23.73 24.044/22/2010 23.55 24.06 23.32 23.994/21/2010 24.1 24.13 23.54 23.84/20/2010 24.2 24.25 23.9 24.124/19/2010 23.91 24.04 23.54 244/16/2010 24.06 24.16 23.77 23.924/15/2010 23.83 24.37 23.8 24.224/14/2010 23.57 23.69 23.27 23.524/13/2010 22.65 22.82 22.47 22.774/12/2010 22.69 22.73 22.44 22.54

4/9/2010 22.4 22.57 22.36 22.554/8/2010 22.38 22.41 22.16 22.314/7/2010 22.43 22.68 22.25 22.454/6/2010 22.43 22.48 22.26 22.44/5/2010 22.48 22.65 22.34 22.594/1/2010 22.4 22.64 22.2 22.39

3/31/2010 22.32 22.5 22.2 22.293/30/2010 22.4 22.54 22.18 22.343/29/2010 22.42 22.49 22.26 22.333/26/2010 22.43 22.59 22.07 22.243/25/2010 22.69 22.73 22.31 22.353/24/2010 22.53 22.67 22.32 22.433/23/2010 22.39 22.75 22.36 22.673/22/2010 21.87 22.3 21.84 22.243/19/2010 22.25 22.39 21.81 21.993/18/2010 22.19 22.35 22.01 22.23/17/2010 22.06 22.35 21.91 22.243/16/2010 21.23 22.04 21.2 22.013/15/2010 21.16 21.32 21.05 21.173/12/2010 21.31 21.37 21.18 21.273/11/2010 21.14 21.27 20.99 21.253/10/2010 20.95 21.29 20.91 21.19

3/9/2010 20.68 21.2 20.66 20.943/8/2010 20.81 20.88 20.7 20.773/5/2010 20.66 20.84 20.45 20.793/4/2010 20.6 20.61 20.26 20.533/3/2010 20.76 20.82 20.44 20.52

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3/2/2010 20.99 21.09 20.58 20.73/1/2010 20.68 20.94 20.62 20.87

2/26/2010 20.6 20.68 20.43 20.532/25/2010 20.37 20.66 20.22 20.632/24/2010 20.52 20.81 20.5 20.72/23/2010 20.84 20.95 20.29 20.392/22/2010 20.95 20.96 20.65 20.872/19/2010 20.72 20.97 20.58 20.822/18/2010 20.64 20.85 20.55 20.842/17/2010 20.86 20.86 20.53 20.662/16/2010 20.62 20.85 20.55 20.722/12/2010 19.96 20.68 19.79 20.432/11/2010 19.63 20.2 19.55 20.062/10/2010 19.59 19.87 19.45 19.69

2/9/2010 19.64 19.89 19.44 19.652/8/2010 19.48 19.79 19.3 19.352/5/2010 19.1 19.58 19 19.472/4/2010 19.57 19.58 18.95 19.022/3/2010 19.78 19.88 19.47 19.682/2/2010 19.68 20.04 19.56 19.912/1/2010 19.47 19.75 19.44 19.61

1/29/2010 20.13 20.23 19.3 19.41/28/2010 20.3 20.39 19.68 19.921/27/2010 20 20.33 19.82 20.241/26/2010 20.18 20.38 19.95 201/25/2010 20.24 20.58 20.14 20.321/22/2010 20.77 20.79 19.81 19.911/21/2010 21.15 21.31 20.68 20.841/20/2010 20.99 21.14 20.85 21.081/19/2010 20.9 21.17 20.85 21.051/15/2010 21.39 21.4 20.77 20.81/14/2010 21.11 21.55 21.05 21.481/13/2010 20.72 21.08 20.44 20.961/12/2010 20.87 20.9 20.38 20.611/11/2010 21.11 21.15 20.82 20.95

1/8/2010 20.54 20.89 20.4 20.831/7/2010 20.73 20.76 20.34 20.61/6/2010 20.81 20.93 20.67 20.81/5/2010 20.94 20.99 20.6 20.871/4/2010 20.79 21.03 20.73 20.88

12/31/2009 20.6 20.72 20.4 20.412/30/2009 20.25 20.6 20.25 20.5912/29/2009 20.41 20.48 20.23 20.412/28/2009 20.41 20.5 20.16 20.312/24/2009 20.2 20.35 20.18 20.3312/23/2009 20.06 20.24 20.03 20.112/22/2009 20.15 20.3 19.95 20.0412/21/2009 19.98 20.33 19 20.09

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12/18/2009 19.21 19.71 19.1 19.6312/17/2009 19.24 19.29 19.07 19.0712/16/2009 19.5 19.8 19.28 19.3812/15/2009 19.84 20.06 19.68 19.812/14/2009 20.02 20.11 19.9 19.9812/11/2009 20.2 20.23 19.81 19.912/10/2009 20.16 20.23 20.03 20.15

12/9/2009 19.99 20.08 19.71 20.0112/8/2009 20.25 20.28 19.8 19.9912/7/2009 20.21 20.51 20.19 20.3712/4/2009 20.19 20.59 20.15 20.4612/3/2009 19.76 20.08 19.7 19.8712/2/2009 19.7 19.84 19.55 19.7212/1/2009 19.46 19.69 19.45 19.66

11/30/2009 19.11 19.26 19 19.211/27/2009 18.91 19.25 18.82 19.1111/25/2009 19.49 19.5 19.28 19.3411/24/2009 19.44 19.5 19.25 19.3911/23/2009 19.48 19.5 19.32 19.411/20/2009 19.16 19.31 19.08 19.2411/19/2009 19.4 19.4 18.95 19.311/18/2009 20.24 20.28 20 20.1211/17/2009 20.1 20.35 20 20.3211/16/2009 20.11 20.32 20.01 20.2311/13/2009 19.72 19.95 19.58 19.8211/12/2009 20 20.5 19.63 19.6811/11/2009 19.65 19.9 19.64 19.8411/10/2009 19.43 19.69 19.42 19.5

11/9/2009 19.15 19.46 19.12 19.4611/6/2009 18.81 19.11 18.74 18.9311/5/2009 18.72 19.11 18.62 18.8911/4/2009 18.61 18.83 18.5 18.5911/3/2009 18.63 18.65 18.31 18.511/2/2009 19.05 19.15 18.75 19.01

10/30/2009 19.31 19.34 18.74 19.1110/29/2009 19.17 19.41 19.1 19.2210/28/2009 19.6 19.75 19.02 19.0310/27/2009 20.01 20.13 19.67 19.7410/26/2009 19.78 20.04 19.56 19.8310/23/2009 20.4 20.4 19.61 19.7810/22/2009 19.87 20.18 19.62 20.1210/21/2009 20.17 20.42 19.66 19.8610/20/2009 20.47 20.58 20.11 20.1810/19/2009 20.29 20.48 20.05 20.4110/16/2009 20.47 20.57 20.02 20.1810/15/2009 20.81 20.93 20.54 20.6710/14/2009 21.26 21.27 20.78 20.8310/13/2009 20.51 20.69 20.35 20.49

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10/12/2009 20.38 20.65 20.24 20.410/9/2009 19.84 20.32 19.81 20.1710/8/2009 19.74 19.98 19.5 19.8810/7/2009 19.63 19.87 19.47 19.7510/6/2009 19.3 19.78 19.28 19.6310/5/2009 19.12 19.27 18.95 19.110/2/2009 18.95 19.22 18.95 18.9710/1/2009 19.49 19.53 18.89 18.9

Page 61: Markowitz Final

Volume Adj Close norm avg 6 mo29672100 32.47 -0.031952 0.232236 0.12883528783700 32.87 -0.020599 0.365852 variance61008800 32.83 -0.021791 -0.235494 0.03446139754000 31.49 -0.068517 -0.054102 sd23489000 31.73 -0.069241 0.160326 0.18563728084900 31.93 -0.0433 0.33276434167600 31.24 -0.053975 0.040891 q%change qnorm18250300 31.31 -0.051855 -0.177207 0.05 -0.189583 -0.17697423258300 31.26 -0.079323 0.50327 0.1 -0.141366 -0.11109921490900 31.04 -0.001042 0.377854 0.15 -0.067284 -0.07273820909600 30.81 -0.001517 0.012925 0.2 -0.043633 -0.03466131532100 30.81 0.006151 0.337407 0.25 -0.002398 -0.00391132098500 31.27 0.020847 -0.101601 0.3 0.020911 0.02531151391500 31.46 0.039351 0.109948 0.35 0.042767 0.05299973857200 32 0.060625 -0.117802 0.4 0.068582 0.07520645450100 30.08 -0.010724 -0.033775 0.45 0.09246 0.10066737691000 29.89 -0.020445 0.394669 0.5 0.120673 0.12153228471400 30.79 0.014261 0.003793 0.55 0.139602 0.14568829694000 31.2 0.027767 0.135899 0.6 0.160016 0.16869164777100 31.31 0.034061 0.364503 0.65 0.184685 0.19911627414200 30.74 0.014251 0.107281 0.7 0.205995 0.22549939834100 30.89 0.024167 0.305143 0.75 0.240107 0.2553529215600 30.59 0.010936 0.139316 0.8 0.274033 0.28674733074600 30.83 0.031562 0.196088 0.85 0.31887 0.31968647954700 30.93 0.044151 -0.020519 0.9 0.379764 0.3656721.07E+08 30.8 0.040795 0.042705 0.95 0.427941 0.422232

49683600 32.33 0.096491 0.32296350278900 31.7 0.080872 0.09842533058800 32.72 0.114905 0.40253932373100 33.19 0.128659 0.16975221225800 33.73 0.152398 -0.21226123005800 34.12 0.245356 -0.23438927332000 34.1 0.245962 -0.12999525406400 34.06 0.23084 0.22196724427300 33.25 0.215775 -0.05686225928400 33.65 0.219045 0.04413924686300 33.95 0.252591 0.26285229607500 34.41 0.272322 0.05084625565500 33.76 0.245581 0.06143620955600 34.41 0.288191 0.45880911017500 34.21 0.277892 -0.09978719992900 34.27 0.297227 0.1435519374100 34.74 0.318931 -0.08237

-0.3 -0.2 -0.1 0 0.1 0.2 0.3 0.4 0.5

-0.3

-0.2

-0.1

0

0.1

0.2

0.3

0.4

0.5

Chart Title

Page 62: Markowitz Final

18037900 34.36 0.312807 0.0987820056700 34.13 0.324852 0.30679118364200 33.55 0.30931 0.61068420200000 33.7 0.312654 -0.07491928705500 32.93 0.290543 0.34839929124600 33.3 0.305043 -0.06840320491400 33.94 0.341458 -0.00492625052800 33.6 0.318319 -0.05246136038300 33.46 0.296871 0.11100638733800 33.41036 0.289071 0.05018338719700 32.8047 0.269544 -0.05078129569400 33.96637 0.317999 0.09544734929100 33.53943 0.299456 -0.17357658456200 33.94651 0.313732 0.31338630906800 35.55497 0.384907 0.16755727427100 36.19041 0.411274 0.123131809900 36.64714 0.428266 0.22532227442600 36.2202 0.409492 -0.29683235929400 35.83298 0.381884 -0.12373562812200 36.19041 0.406737 0.23493647181800 35.93227 0.40466 0.08032434250300 36.09113 0.414631 -0.07841931478000 36.24006 0.394449 0.19483929400800 36.33934 0.398269 -0.04060622846000 36.49821 0.399672 0.2626631765400 36.4287 0.391305 0.02041727725200 35.76348 0.361352 -0.01816630847600 35.02875 0.338831 0.25429632785000 35.69398 0.37241 0.28074323605600 36.10106 0.399038 0.36956820393600 36.03156 0.416612 -0.01623415214100 36.49821 0.421386 0.58397212203300 36.91521 0.408318 0.1216814037200 37.28258 0.426034 0.41483512109100 37.17336 0.444399 0.13010722169700 37.16344 0.462229 -0.10866229227100 36.945 0.439875 0.12420276786800 36.11098 0.435637 0.05121432128100 36.75636 0.455673 -0.12333531637700 35.98191 0.434939 0.42374431166300 35.30676 0.418457 0.09276130633400 35.66419 0.450366 0.1456329322500 35.97198 0.458849 0.47673625088200 36.43864 0.473131 0.31090227499900 36.16063 0.481678 -0.01780328487300 36.62728 0.497817 -0.0797928134800 36.93507 0.494961 -0.08958520527600 37.40173 0.538657 0.237109

Page 63: Markowitz Final

23359100 37.19322 0.542408 0.16935130660800 37.16344 0.548661 0.31980428343700 37.33222 0.568394 -0.26626130904000 36.90528 0.54604 0.00124519128500 36.98472 0.537478 0.26820824060000 36.63721 0.52488 0.00089229088500 36.06134 0.494265 0.17107333317900 35.99184 0.503491 0.0298156720400 35.33654 0.476716 0.08489961994700 35.69398 0.499569 0.05371621289500 34.10537 0.426424 0.19889130674800 34.46281 0.447845 0.19964617646000 33.99615 0.413242 0.27941618102500 33.70822 0.401272 0.15701426447400 33.44014 0.387886 -0.00066222854400 33.14228 0.38558 0.01452119676600 33.07278 0.382114 0.11105430653600 33.02313 0.391906 -0.1704427604500 33.34085 0.387121 0.07154325240600 33.57914 0.41072 -0.15948834705500 33.51957 0.39343 0.14765234695900 34.07062 0.416337 -0.19972928703600 33.84375 0.410324 0.2468552089700 33.54782 0.406534 0.20801455217900 32.13726 0.351799 -0.03889524615200 33.45905 0.417828 0.27520621857800 33.28149 0.414964 0.22303923751900 32.74883 0.405087 0.0517827814300 32.7291 0.432301 0.01129122254900 32.24576 0.406663 0.17687826725600 31.83147 0.381053 0.40684333278400 32.16685 0.36205 0.04115230523700 31.15084 0.308366 -0.09370937504500 30.95356 0.303241 0.31050447787400 30.43077 0.26991 0.01719792305200 30.85492 0.296985 0.38402968671000 31.70324 0.32781 0.27610342110200 31.04234 0.283575 -0.08948980917600 31.47636 0.292265 0.292728185700 33.16312 0.346617 0.30461334960600 33.80429 0.358847 0.12059225972100 33.01516 0.292622 0.15649624321100 33.64647 0.310919 0.47809325834600 33.56755 0.315737 0.15923332910800 33.06448 0.347351 0.2143235086600 33.5281 0.364638 0.08454335274600 34.34682 0.410112 0.26516629003100 34.42573 0.406682 0.298874

Page 64: Markowitz Final

25882300 33.79443 0.372252 0.20493734639700 33.67606 0.374428 0.16195318829000 34.27777 0.381621 0.11814925690700 33.95225 0.367969 0.11644425447700 34.23831 0.370462 0.32379546851900 34.34682 0.380655 0.05835523809600 34.69206 0.408151 0.38005926278900 34.50464 0.395094 0.64758920875700 34.45532 0.407891 0.38823822438000 34.07062 0.39822 -0.06824626732600 34.14953 0.415999 0.10908121949000 34.5441 0.427801 0.3845319964200 34.5441 0.427233 -0.07900922333100 34.43559 0.451021 -0.13298724859600 34.84989 0.481091 0.05252920841900 34.52437 0.476922 -0.0569327632400 34.43559 0.462288 -0.04318826668800 34.10021 0.45101 0.36540232094800 34.10021 0.427626 0.4177532302800 34.44545 0.435717 0.17545618908900 34.17913 0.43093 -0.11671117168900 34.31722 0.469875 0.18274419664700 34.32709 0.502503 0.27817518614500 34.33695 0.51506 0.25504521196700 34.46518 0.511094 0.21800137164900 34.67233 0.511249 0.26948727140300 34.03117 0.479579 0.10290729281900 33.87334 0.488285 -0.00597927232200 33.94239 0.48504 -0.0650728577600 33.70565 0.467268 0.15246325458000 33.47877 0.378832 -0.09568936291000 33.6366 0.423124 0.09608324805600 32.67978 0.374806 0.07960327718600 32.57128 0.375812 0.3092735484000 32.15698 0.362743 0.00264127820100 32.2359 0.373369 0.44019627923900 32.40358 0.368728 0.27775349845100 32.37399 0.376994 0.16472327250100 33.36534 0.434426 0.40351333472400 33.06157 0.426086 0.21523935431200 33.20855 0.434213 0.22309532782800 33.6593 0.44229 -0.11598426141700 33.50252 0.448715 0.17340530972200 33.54172 0.450108 -0.04986131614000 33.56132 0.446781 0.11090433180400 33.56132 0.438503 0.28018126077000 33.80629 0.447229 -0.08774642915100 34.09046 0.458204 0.281533

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32097200 33.37514 0.436983 0.332246528800 33.02238 0.428833 0.10586970591100 33.02238 0.456473 0.4473211.36E+08 33.95327 0.500054 0.121154

61006100 31.07239 0.353956 0.18561624244600 30.85681 0.340663 0.0691220045000 30.62164 0.344931 0.29192932455100 30.63144 0.343111 0.47830628302400 30.26888 0.339534 0.34923737608700 30.17089 0.352894 0.08318222233400 30.40606 0.359951 0.06428720437600 30.51385 0.37592 0.14651416831200 30.35707 0.378332 0.04882728240000 30.35707 0.409449 0.31136121558400 30.27868 0.412689 0.26349430776300 30.30807 0.392382 0.14918826722300 30.16109 0.386844 0.2045944293300 30.25908 0.404278 0.12921753397600 29.88672 0.369425 0.34407926528900 29.62215 0.36087 0.17628439826400 29.59275 0.354181 -0.00115827166600 29.48496 0.345725 0.37377834412300 29.32818 0.313982 0.12165528440600 29.34778 0.298771 0.08593436407800 29.40657 0.301373 0.1038141.22E+08 29.26939 0.29969 -0.008846

31211400 27.39779 0.208905 0.35426227747700 27.3684 0.200537 0.53123134256900 27.67216 0.21437 0.27501539933000 27.3488 0.208269 0.11964634795600 27.60357 0.237773 0.23302626546200 27.10382 0.212771 0.21285921612500 27.04503 0.253455 0.40980233256300 27.10382 0.246267 0.04728820264900 26.71187 0.219158 0.12302343641000 26.77066 0.225575 -0.01056620638900 26.4179 0.222229 0.14304327150100 26.33951 0.222377 0.20542727271900 26.17293 0.2125 0.38001417172200 25.76137 0.224257 -0.08181715926500 25.62419 0.222724 0.05834118721300 25.67318 0.220619 0.01172622292600 25.5164 0.200646 0.51893922679600 25.5164 0.206057 0.2143330017200 25.30082 0.191572 0.00758631752700 25.487 0.191247 0.13396517811900 25.80057 0.215654 0.21770320525000 25.91816 0.226152 0.088334

Page 66: Markowitz Final

20607800 25.83976 0.203444 0.17055120324400 25.77117 0.213179 0.07415224166900 25.81037 0.235542 -0.25764524692800 25.83976 0.230212 0.05415821818000 25.67318 0.193037 0.51001920738900 25.64379 0.194317 0.19999724235200 25.65848 0.188667 0.18165519755200 25.69735 0.197343 0.13367825863900 25.93052 0.211437 0.25252822146000 25.72649 0.188668 0.12476933472800 25.58076 0.176751 0.44391333614400 25.51275 0.167478 0.20871125432800 25.98881 0.185383 0.10367525574300 25.98881 0.186405 -0.25765129601600 26.07625 0.183257 0.05407420398600 26.18312 0.186074 0.34894938112600 26.27056 0.197203 0.35058659033600 26.16368 0.191307 0.35119945074400 26.00824 0.1945 -0.07295726957900 25.80421 0.191849 0.59116136121100 25.43503 0.184092 -0.05599240478200 25.67791 0.194349 0.18145334481800 26.21226 0.204915 0.06811556699500 26.14425 0.191447 0.24002449813500 25.73621 0.128657 0.14019447918000 25.4156 0.110001 0.17002738581300 25.65848 0.135119 -0.00283822464700 25.15328 0.114632 0.29016723778700 25.25043 0.114739 0.07292729336300 25.07556 0.142253 0.07008222884500 24.89096 0.139234 0.16787727201100 24.58978 0.123023 -0.08725126442800 24.65779 0.085409 -0.07657232317400 24.73551 0.102577 0.09567336950600 24.40519 0.089688 0.10185656861900 24.45377 0.084087 0.33591237009100 24.70637 0.079916 0.23145134229400 24.30804 0.070458 0.01461926344000 24.11373 0.06367 0.10198518525800 23.99714 0.06429 0.12106621807200 23.80283 0.069103 -0.20675126243300 23.87084 0.044689 0.23938821244800 24.05544 0.053203 0.33276326656800 24.02629 0.017844 0.31538524908100 24.13316 0.003506 -0.11107925373400 23.93885 0.0101 0.0677822371700 23.92913 0.016982 0.39329321036200 23.80283 0.008781 -0.03038

Page 67: Markowitz Final

23661200 23.9097 0.035267 -0.14593325728500 23.80283 0.020212 -0.00307523482700 24.05544 0.018672 0.18079820863900 24.05544 0.036071 0.25925419820200 24.0943 0.035219 -0.00312321539100 23.91942 0.025625 0.07991524145500 23.92913 -0.000662 0.41015530579800 23.72511 -0.004472 0.08071920193800 24.036 0.048451 0.14372925686000 23.80283 0.041282 0.3692817738100 24.05544 0.049732 0.08286120539700 24.05544 0.058014 0.04039622922000 23.99714 0.06251 0.02790525874100 23.85141 0.050349 0.38450217911700 23.77369 0.046057 0.07425524571300 23.59881 0.034922 -0.11587730808400 23.52108 0.034512 0.2128928008400 23.30734 0.026817 0.21429932476200 22.85072 0.010905 0.1393450816300 22.92359 0.003233 0.10161552868200 23.04869 0.02394 0.10638328623300 23.61649 0.038708 -0.00414224610100 23.80896 0.029222 0.0692727145700 23.75122 0.032627 0.28130232453800 23.96294 0.046557 0.12207932564900 23.78972 0.043294 -0.01762634838700 23.87633 0.057603 0.25777540241000 24.18429 0.069009 0.17057548749900 24.35751 0.080046 0.39108842286400 24.62698 0.097457 -0.1382981.12E+08 24.87719 0.110459 0.317818

48960800 25.54123 0.149217 0.10773158277700 25.66633 0.172612 0.32547474142900 25.51235 0.166575 -0.01144440274500 24.54036 0.10885 0.35706630588800 24.56923 0.12345 -0.04395620878000 24.35751 0.138108 -0.22570529680500 24.473 0.165926 0.54630919665100 24.62698 0.183813 0.13008228682300 24.50187 0.194448 -0.39921627796700 24.80983 0.210012 0.30936431833300 24.81945 0.241055 0.25373222808100 24.98305 0.231949 -0.06105819787200 24.87719 0.2183 0.05995612970600 24.6366 0.183211 -0.05404316957000 24.73284 0.215686 -0.2296912157900 24.473 0.240559 -0.07227228120800 24.36714 0.24404 -0.195694

Page 68: Markowitz Final

55380100 24.11692 0.219617 -0.33704131880600 24.19391 0.228742 -0.03142542680500 24.20354 0.205746 0.30993328158500 23.73197 0.183909 -0.07906925061100 23.52988 0.151791 -0.00756620631200 23.3759 0.144778 0.34715121917800 23.54912 0.156439 0.40700324682400 23.50101 0.187908 0.13789618203700 23.88595 0.197177 -0.12818729614700 23.99181 0.219056 -0.03097353871400 23.88595 0.205655 0.08762545399100 23.34703 0.180683 0.23527543501500 22.8466 0.148854 -0.03970835066400 22.66375 0.133263 0.10086125685300 22.8081 0.126258 0.20134213802900 22.94283 0.132388 0.15008928419200 23.00058 0.136287 -0.25680330600800 22.75998 0.121809 -0.30044243389300 22.85622 0.132295 -0.16427277908100 22.9717 0.121899 -0.02719344050600 24.28052 0.193453 0.0217220288600 23.63574 0.174723 0.19679324870200 23.77047 0.19475 0.05806324712500 23.67423 0.203492 -0.1342622866500 23.59724 0.208196 0.14748420198900 23.47214 0.19892 0.08040322990300 23.67423 0.229808 -0.10240537813500 23.51063 0.242439 -0.08288119236500 23.26041 0.217779 -0.08047731502900 23.18343 0.223937 0.31155825631100 23.15455 0.194108 0.16008825525700 23.3374 0.182994 0.11713322849900 23.12568 0.170596 0.46232526639800 23.1305 0.164774 0.08213328302100 23.19724 0.167035 0.32554730901400 23.33072 0.177074 0.16718824091800 23.35932 0.187483 -0.04911729961700 23.37839 0.190151 -0.16994165581600 23.22584 0.19318 0.10253759634700 23.11143 0.17712 0.32349147590200 22.67284 0.144423 0.20673431651100 22.6347 0.155868 0.06340529010800 22.94934 0.160963 0.25717135297600 23.01608 0.182048 0.29476529579100 22.76819 0.15126 0.46281628694900 22.80633 0.158066 0.14357847723400 22.59657 0.159951 -0.1192142957700 22.301 0.149694 -0.208107

Page 69: Markowitz Final

27176700 22.35821 0.153194 0.02523224550600 22.17705 0.13518 0.28671839189400 22.0245 0.124177 0.18246840435400 21.53825 0.095219 -0.06784436111200 21.43337 0.021167 0.13630821321300 21.76707 0.063801 0.2059522550000 21.748 0.074042 0.2316134888500 21.54778 0.05835 0.07807223205400 21.82428 0.071931 0.2159625888800 21.76707 0.078929 0.1059232489600 21.85288 0.100856 -0.19214628924100 21.91009 0.122579 0.00035932003300 22.32007 0.134974 0.27808919879900 22.59657 0.153921 0.02497424410100 22.59657 0.145261 0.30505722437100 22.52029 0.138193 0.10288447069000 22.66331 0.187638 -0.02561128261400 22.79679 0.217663 0.49042431975400 22.78726 0.200538 0.11363737540700 22.6347 0.184415 -0.04678330088500 22.301 0.167519 0.20288461134800 22.34867 0.162692 0.19497329517900 21.57638 0.108635 0.14003245815300 21.748 0.113746 -0.03030931705400 21.91009 0.129542 0.01713427770600 21.84335 0.147451 0.2957627606600 21.61452 0.137643 0.23849922552800 21.54778 0.136344 0.26871837941800 21.58592 0.128442 0.24605226427300 21.04246 0.101098 -0.15899233896300 20.95665 0.127736 0.11310328303500 21.03292 0.127349 -0.01605928090000 21.25222 0.139104 -0.14399937638500 21.15687 0.151703 0.04065622267800 21.23315 0.148909 -0.0322123088700 21.39523 0.183155 0.23582117380600 21.22361 0.171866 -0.12756932403300 21.1378 0.169518 0.19068132084300 21.47151 0.154867 0.14105143412200 21.24268 0.151732 0.19399730079000 20.88991 0.134883 0.22306640451200 21.00432 0.150936 -0.11896823202500 21.51918 0.201074 0.07802526099200 21.47151 0.1892 0.01321123520400 21.58592 0.151847 0.0838725145400 21.46197 0.148636 -0.09992934792500 21.40477 0.154726 0.37650623350900 21.64313 0.17168 -0.407478

Page 70: Markowitz Final

28843300 21.73847 0.158271 -0.07241720869000 21.85288 0.136898 0.17675736242100 21.92439 0.138973 0.69025437832700 21.90551 0.136354 0.039127679200 22.03769 0.138836 0.39142828855200 22.07546 0.09774 0.27364585543100 21.94328 0.085671 0.337585

1.1E+08 21.96216 0.086854 0.0039021.15E+08 21.77332 0.067827 0.211599

33432700 21.65057 0.092734 -0.12044528521400 21.48062 0.068351 0.15792535890900 21.4995 0.082108 -0.0176245866700 21.75444 0.106674 0.01455277863900 21.94328 0.109559 -0.03462844084200 22.8025 0.15999 -0.2057434496100 22.89692 0.175198 -0.06753525650100 22.60422 0.13876 0.30071334561900 22.56645 0.130597 0.0387141313800 22.65143 0.106419 0.32754450037500 21.95272 0.102885 0.21148234739800 21.84885 0.110442 0.3368568826600 21.89607 0.102576 0.13060617830400 22.71752 0.139735 0.14121218167200 22.43426 0.118328 0.20987328290100 22.39649 0.086191 0.34401429698200 22.55701 0.085776 0.12425880413900 22.87804 0.11152 0.44837325564500 22.70808 0.099349 0.0604433645000 22.67031 0.083585 0.06551234571300 22.54756 0.081506 0.19142149145200 22.26431 0.072632 0.30995467754000 22.84971 0.080335 0.11148963565700 22.84027 0.100866 0.04690728843900 23.60507 0.143281 0.05050136674300 24.04885 0.151492 -0.04045542643200 23.69949 0.118575 -0.02924824762700 23.52954 0.108158 0.01039727707000 23.59563 0.112711 -0.02833924535200 23.0952 0.078859 -0.06773827077800 23.33125 0.092691 -0.12603129780800 23.61452 0.103118 0.05711535539400 23.21795 0.085057 0.00983340020000 23.2746 0.095679 0.07810653335200 23.32181 0.090845 -0.07958668515500 23.94499 0.123846 0.45960876493500 23.83168 0.075525 0.15028247793200 22.92525 -0.002892 0.12426299900 22.85915 0.023175 0.364972

Page 71: Markowitz Final

31653900 22.9158 0.02445 0.27164331153700 22.73641 -0.000353 0.07780530861700 22.58533 0.015917 0.22398238132900 22.70808 0.004877 0.37185649686400 22.72696 -0.007563 -0.08991537917900 22.8025 0.00215 0.25095731324400 22.73641 -0.003563 0.17943536277400 22.69864 -0.010383 0.07396529812900 22.60422 -0.040928 -0.11111233568900 22.84971 -0.044622 0.06361436694400 22.5098 -0.063139 -0.04732728535200 22.73641 -0.057302 -0.12952722554800 23.13297 -0.050238 0.49376131333900 23.00078 -0.044162 0.09731224900600 22.89692 -0.056024 0.21681938605600 22.8025 -0.067314 -0.10299631009100 22.57589 -0.08311 -0.12818830085800 22.6231 -0.074998 0.46001533486300 22.55229 -0.074427 0.05869238373800 22.44004 -0.075559 0.10501541468900 22.40262 -0.070435 -0.1075051.02E+08 22.2249 -0.074997 0.1727311.01E+08 21.88816 -0.069682 0.2163341.09E+08 21.86945 -0.071194 0.04088

54282000 22.13136 -0.051659 0.40266762494100 21.86945 -0.065065 0.20274252817000 21.40175 -0.094202 0.22893349101000 20.99018 -0.093505 0.29272776237300 20.8031 -0.088356 0.05118579461200 20.51313 -0.096751 0.0541264767000 20.50378 -0.106098 -0.16206938459200 19.99867 -0.137002 0.00717934028000 20.27929 -0.143026 -0.15918459295600 20.41959 -0.142035 0.09970367102900 20.82181 -0.096525 -0.08028561518700 20.34476 -0.108442 0.15392134213000 19.7274 -0.139605 0.34252636721600 19.5871 -0.128113 0.25617628702500 19.77417 -0.14232 0.13418536620800 19.68999 -0.151652 0.37877128166700 20.0735 -0.155288 -0.03694133718100 20.04544 -0.156146 0.13988933336700 20.42895 -0.152634 0.25362345370900 20.41959 -0.162797 0.04658939548500 20.36347 -0.159151 0.0507332740700 19.78353 -0.182484 0.13998630803200 19.9519 -0.149353 0.21630532607200 19.68064 -0.173399 -0.319383

Page 72: Markowitz Final

29919000 19.81159 -0.161181 0.34156742546000 19.77417 -0.16405 0.00642335154400 19.88642 -0.187079 0.16668352949600 19.99867 -0.175451 0.25014128836500 20.25122 -0.193132 -0.04815324617400 20.26058 -0.188944 0.13957928617300 20.24187 -0.187033 0.29053342148200 20.28864 -0.182771 0.06817244990500 20.18575 -0.176066 -0.07881242380000 20.47572 -0.150374 -0.25944137188900 20.34476 -0.155172 0.07294938796400 20.12027 -0.147456 -0.06496747545800 19.89577 -0.170375 0.16599245695700 19.67128 -0.164874 0.15400634808000 19.53097 -0.174965 0.24846966600 19.57774 -0.152176 0.15351567247100 19.25035 -0.15337 -0.0112841525600 18.92297 -0.171078 0.26330334534800 19.10069 -0.185959 -0.17632760754500 18.94168 -0.201696 -0.03965346119800 19.39066 -0.18152 0.13784231061600 19.7274 -0.155984 0.27502133809100 19.75547 -0.151817 0.06500135262200 19.85836 -0.140362 0.27285521267200 19.87707 -0.159055 0.1116328391400 19.82094 -0.165278 -0.08470418897200 19.67128 -0.169038 0.04683728150100 19.64322 -0.174025 0.21686941015200 19.46549 -0.191074 -0.15710632361000 19.63387 -0.195611 0.04151530076500 19.81159 -0.192535 0.72554938345600 19.58242 -0.219496 0.22116531867100 19.76751 -0.200839 0.3634936534100 19.47136 -0.211364 -0.07359234151300 19.77676 -0.204262 0.2630421.06E+08 19.69347 -0.218746 0.0641091.05E+08 19.48062 -0.231068 0.1420091.08E+08 19.39733 -0.252049 0.180172

58396800 19.38807 -0.262986 0.36289242432300 19.53615 -0.251457 0.12539151127400 19.59167 -0.234792 -0.112951.44E+08 19.66571 -0.231359 0.0933151.01E+08 20.98909 -0.174983 0.187715

36763700 20.46159 -0.185325 0.24503433990300 20.24874 -0.177563 0.02585735724500 20.35979 -0.17727 0.16241844944700 20.35979 -0.181742 0.26607444621600 20.1747 -0.191816 -0.101665

Page 73: Markowitz Final

34290000 19.8508 -0.212188 0.28721148672000 19.51764 -0.239558 0.00148236352100 19.66571 -0.232171 0.16020530142500 19.58242 -0.226713 0.09826341054100 19.73049 -0.231535 -0.09769247623000 19.78601 -0.21194 0.23282341139500 19.08268 -0.228878 0.22898325906900 18.72175 -0.251911 0.02623531704300 18.98088 -0.249933 0.03486322488700 19.11044 -0.241028 0.0742614193100 19.10119 -0.246253 0.01107561993100 19.22149 -0.248722 0.22252234005500 19.46211 -0.232284 0.40236752804600 19.52689 -0.230822 0.06055841601200 19.39733 -0.226031 0.1134234959900 19.03641 -0.250941 0.1248934149500 18.99939 -0.252397 0.01697541607600 18.96237 -0.245557 0.31185148354700 19.12895 -0.239475 0.30320751036500 19.11044 -0.236929 0.12245227273200 18.58294 -0.25719 0.33328841701200 18.65697 -0.253962 0.07081246291200 18.65697 -0.253693 0.26842545847000 18.37008 -0.265698 0.52331757942400 18.48114 -0.253457 -0.13808150637000 18.0832 -0.270329 0.14816551427800 18.11096 -0.255671 0.15843464926300 18.07394 -0.259388 0.08710443226300 18.59219 -0.231623 -0.02295244893200 18.44412 -0.239725 -0.09975967047900 18.4071 -0.232697 0.17704351711900 18.24978 -0.237249 0.38948595636000 17.91662 -0.261744 -0.10967685743300 18.05543 -0.254362 0.00756169433800 18.74026 -0.226656 -0.01214350855500 18.68474 -0.239137 0.37465645733800 18.53666 -0.235342 0.3536758961300 18.47188 -0.232592 0.02648656379200 18.76803 -0.219119 -0.00157627267000 19.22149 -0.202346 0.29635335017900 19.24926 -0.213841 0.31193338090000 19.27702 -0.218748 0.38204270960100 19.35106 -0.199962 -0.06087849860500 20.10992 -0.160769 0.38007248797400 20.21172 -0.16282 0.16051651737600 20.20709 -0.160504 0.45554850359300 20.3903 -0.152892 0.26719340612800 19.81321 -0.181771 0.329579

Page 74: Markowitz Final

92415400 20.10633 -0.169356 -0.09470279226400 19.86817 -0.172725 0.2444633237800 19.65749 -0.183948 0.24882547194400 19.77657 -0.179618 0.26603836500300 19.65749 -0.170285 0.13170655622300 19.48345 -0.179489 -0.00502142921800 19.84985 -0.159946 0.38001899053800 19.95977 -0.165403 0.73578180707000 20.47274 -0.143633 -0.30799849513800 19.90481 -0.168012 0.10582446274000 19.67581 -0.18217 0.46974736817700 19.85901 -0.174555 0.3083147188900 19.93229 -0.165616 0.34711166317400 20.06053 -0.149742 0.30929929698200 20.6193 -0.100486 0.38396638344600 20.77502 -0.085125 -0.20007552980100 20.58266 -0.080927 0.11131849772700 20.65594 -0.081324 0.26438336381100 20.92158 -0.091552 -0.27960655261300 20.8483 -0.096488 0.2619347920800 20.7567 -0.093076 -0.12803743872200 21.15058 -0.071512 0.15948149734700 20.74754 -0.08127 -0.08168149535100 20.64678 -0.09113 0.27122448846500 20.88494 -0.070029 0.14571356246600 21.18722 -0.034656 0.28447333083000 21.23302 -0.021 0.26179439459800 21.20554 -0.034214 0.18413841948200 21.40706 -0.01216 0.46003936169000 21.3521 -0.027935 -0.08227147983700 21.40706 -0.019043 0.31201452998300 21.3979 -0.00395 -0.0503944862700 21.24218 0.002998 -0.01575654237700 21.37958 0.002711 0.10036180584600 21.3063 0.031286 0.18266586282100 22.15819 0.066517 0.27578540187600 22.99175 0.10284 0.08868338595800 22.34139 0.071645 -0.02456240688000 22.36887 0.061577 0.38853243447800 22.74443 0.059612 -0.0038537182200 22.23147 -0.006112 -0.02808760462600 22.59787 0.022534 0.25391533119500 22.90015 -0.002152 0.23410834424700 22.75359 0.003587 0.0724445187500 22.81771 0.020096 0.1232551397600 22.93679 0.040818 -0.07500933619400 23.56884 0.057482 0.26227331661300 23.91692 0.073531 0.282312

Page 75: Markowitz Final

25600800 24.02684 0.139294 0.0041830376900 24.11844 0.149487 0.01061525699700 24.3566 0.198119 0.35365226081000 24.06348 0.185265 -0.30354627470400 24.25584 0.166979 0.0293523619700 24.4482 0.159765 0.37934324930300 24.62224 0.133399 0.17855126465300 24.45736 0.123497 0.19518227034400 24.36576 0.092362 0.2110327077800 24.27416 0.071076 0.32406824613200 24.10012 0.094051 -0.16433330692600 24.02684 0.081068 0.29625334309900 23.52761 0.093365 -0.18992729207700 23.54578 0.104306 -0.0259626616900 23.33693 0.054269 0.09948725878100 23.39141 0.077186 0.1206333344000 23.6275 0.112807 0.00118437808200 23.15532 0.069839 0.2231734407600 22.81933 0.07929 -0.36300533637600 22.71037 0.07189 0.15539336378200 22.93738 0.05437 0.05342448844000 23.17348 0.04646 0.07039836555800 23.66382 0.062224 0.02509367503500 23.80003 0.086937 -0.00892863631500 23.04635 0.055508 -0.24628936984500 22.81933 0.046811 0.08729335972100 22.9283 0.076321 0.24582553147600 22.46519 0.073342 0.2281534809100 23.05543 0.072913 -0.24916647231600 23.2098 0.118869 0.03233327910200 23.76371 0.151476 -0.06919832515300 23.75463 0.140261 -0.17700820324500 24.10877 0.162703 0.0319612515500 24.39026 0.190015 -0.19819621739700 24.21774 0.188279 -0.02552135082300 24.19957 0.193096 0.27577540166600 23.45497 0.186994 -0.00928123642100 23.80911 0.219137 0.02097934935400 23.61842 0.219336 -0.1558941787800 23.65474 0.257467 0.011121

1E+08 24.46291 0.338269 0.33032947571100 24.25406 0.282076 0.05121628164900 25.09855 0.274747 0.24797830060200 24.9805 0.263064 0.19930730432300 24.89877 0.246086 0.3105251838900 24.82613 0.25921 0.00164338301200 24.49923 0.247115 0.35539130496500 24.09969 0.257418 0.235411

Page 76: Markowitz Final

29132000 24.08153 0.238144 -0.08151728041300 23.60026 0.199189 0.21886626750500 23.98164 0.233571 0.08607329534200 23.55486 0.209412 0.12134833553600 23.6729 0.239737 0.12153229491300 23.09175 0.233351 -0.2566139903700 22.73761 0.235496 0.05776840246400 22.82841 0.269788 0.35927642240200 23.46405 0.343571 0.24175533089800 23.72739 0.344995 0.14630435052800 23.69106 0.330897 0.42486319122200 23.37325 0.34933 0.17593137129200 23.29152 0.337766 0.16333861969600 23.10083 0.303583 0.28287846037700 23.63658 0.324539 0.01007941389400 23.74555 0.323413 -0.0460843444900 23.6729 0.315465 0.21149331503200 23.78187 0.356948 -0.1769644629300 24.06337 0.397755 0.22809535712100 24.40842 0.390587 -0.04287539447300 24.53555 0.404213 -0.02884734937400 25.08946 0.460365 0.28701236239000 24.73532 0.454006 0.03261240599300 24.68992 0.40876 0.45210853087400 24.85337 0.35634 -0.16182337385900 25.20751 0.367726 -0.20275434573600 25.33464 0.368044 0.22283641219000 25.93395 0.416682 0.07245840434700 26.30625 0.429406 0.16645143316200 26.09891 0.477199 0.36718228810500 25.60307 0.402002 -0.10673433310200 25.58504 0.435152 -0.0889946644900 25.4408 0.380384 -0.07492340854600 25.11625 0.358853 0.17881235010600 24.62042 0.273396 -0.11596937791200 24.74663 0.297775 0.36040138058500 24.88186 0.274358 0.10239643035900 24.96299 0.273359 -0.27726472249100 25.19739 0.272777 0.20101361288000 25.66618 0.297607 0.20566637480000 25.61209 0.273951 -0.00397234480900 25.3236 0.252492 0.17205637053200 25.67519 0.26439 0.02165626668200 25.10724 0.253767 0.22849936272100 24.74663 0.226084 0.09477922965500 25.0261 0.236167 0.15009122033800 25.30557 0.293732 -0.17897630845100 25.17936 0.2821 0.040754

Page 77: Markowitz Final

34152500 25.34163 0.296157 -0.32335328853500 25.58504 0.296382 0.41591143024400 25.35065 0.286222 0.0099239616000 25.38671 0.265504 0.21970435152000 25.06216 0.23634 0.10762824365100 25.41375 0.246128 -0.10031332799700 25.41375 0.272421 0.29603224899500 25.13428 0.275812 -0.04783323395100 25.15231 0.271628 0.30867122212900 25.04413 0.287299 0.12855222684900 25.01708 0.332199 0.00788526937200 25.00807 0.325522 0.16418854672100 24.99905 0.334358 0.05226634191900 25.01708 0.344139 -0.03436446835700 24.75564 0.298846 0.00429133796800 24.78269 0.3191 0.38963224006900 24.33193 0.280153 -0.13731529396700 24.40405 0.30321 0.24787237261600 24.1967 0.300674 0.16399632720900 24.25981 0.290063 0.05581137196700 23.98936 0.275682 0.05544332332200 23.92625 0.249002 0.28879629632800 24.26883 0.292353 0.31861639413000 24.21474 0.290076 -0.11907441856200 24.23277 0.268491 0.43620132820500 24.55731 0.281944 0.14823246022400 24.24178 0.251705 0.36360439309500 24.07049 0.255956 -0.06891133800100 24.03443 0.259846 0.25138251973800 24.09754 0.242568 0.15896534911800 24.48519 0.267722 0.06119374254100 24.67451 0.24858 0.27388542450700 24.18769 0.240478 0.31000135832700 23.96231 0.21308 0.48916625409300 24.14261 0.212507 0.07543624723000 24.07049 0.212628 0.0404933616000 24.07049 0.199366 0.15601635754200 24.21474 0.187848 0.23874137072100 24.20572 0.171264 -0.1048533101300 24.0164 0.145557 0.04473136772600 24.08852 0.165098 0.22778342191600 24.10655 0.161531 0.41011634780300 23.69185 0.152765 -0.07666246330600 23.74552 0.140758 0.26280145325300 23.62925 0.149719 0.65018860694100 23.91545 0.182845 0.43033750587400 23.9065 0.196429 0.13381261678200 23.92439 0.17209 -0.026021

Page 78: Markowitz Final

54757900 24.05855 0.160691 -0.08279756220400 24.05855 0.166124 0.25565669663500 23.88862 0.180544 -0.0276891.01E+08 23.59347 0.182244 0.216637

64946300 22.9227 0.136724 -0.02693362687000 22.70805 0.143366 0.05809860438600 22.39502 0.136076 0.38614663313400 22.48446 0.148224 -0.0023644420500 23.03002 0.20503 -0.28781357170000 23.07474 0.234376 0.12112341060900 22.88692 0.227188 0.07781147478600 22.7796 0.316762 0.26633336343500 22.58284 0.321356 -0.03479149490600 22.71699 0.320457 0.19886247504000 22.45763 0.316714 0.47280444845600 21.94784 0.273813 0.20136221710100 21.68847 0.260035 0.52753322319300 21.95678 0.252798 0.44058223703400 21.67058 0.242644 -0.09783824136000 21.96572 0.258939 0.06471724832700 21.82262 0.255753 -0.15985532002200 21.48276 0.251249 0.26930745222100 21.17868 0.247462 0.27394346309500 21.32178 0.241243 -0.02105842243000 20.65994 0.175299 0.45190194567200 20.77621 0.165738 0.4783338692600 20.84776 0.180135 0.0733356395100 20.84776 0.176654 0.22300378519000 21.07135 0.187522 0.03777594831300 21.46487 0.209106 0.30045544071500 22.36819 0.265579 -0.13606658000600 22.09988 0.259085 0.28820554791500 22.94953 0.304902 -0.08919849516000 22.67227 0.305954 -0.0330942526800 22.36819 0.290381 0.28686441486500 22.03727 0.277067 0.09861851820400 22.28769 0.267898 0.23939973450200 22.27875 0.227251 0.11454544191100 21.08924 0.160055 0.32053639753000 20.98191 0.158593 -0.1763728346900 20.32903 0.100832 0.24438352698400 20.30219 0.103021 0.23678848479200 20.78515 0.125001 -0.31863358579300 21.0803 0.122454 0.48415145683600 21.72424 0.144531 0.17569862125300 21.76896 0.162898 0.20036974241700 22.30558 0.197135 0.03795577391300 22.66333 0.211803 0.097137

Page 79: Markowitz Final

49418100 22.02833 0.156836 0.07781243867200 22.22509 0.198418 0.30294845508700 21.51854 0.168 0.11263556872200 21.32178 0.122298 0.20720155961900 22.13565 0.147771 -0.00444251137900 21.7153 0.134687 0.22855346476000 21.23234 0.120673 0.21865358297700 21.64375 0.158365 0.2501756626000 21.1429 0.125265 0.29843568002400 21.18723 0.117778 0.03911143121800 21.75458 0.145604 0.03602244897400 22.14464 0.18462 0.15912784559200 22.27761 0.181821 0.15401858249900 21.89642 0.158921 0.15107660939200 21.83437 0.15617 0.2540721.38E+08 21.79891 0.160179 0.2255431.23E+08 21.30247 0.143886 0.122767

88682000 20.93014 0.128079 0.1530141.4E+08 21.48863 0.15926 0.4013

85272200 20.74398 0.119088 0.38506347936100 20.6376 0.098504 0.05685744894100 20.83263 0.108885 -0.28259251288900 20.73511 0.113937 0.02991759913300 20.49576 0.117149 0.30529150604700 20.38052 0.133277 -0.18865140172800 20.283 0.120856 0.05400858425800 19.75997 0.088834 0.18585658483000 19.52948 0.07256 0.48686870932100 19.36991 0.063797 0.10708677896900 18.81142 0.022934 0.1214395768300 18.27952 -0.006457 0.60158264453700 18.9178 0.040447 0.03161385510500 19.68905 0.101707 0.17236974789100 19.7777 0.108274 0.2357688219700 19.98159 0.113769 0.140964847800 19.71564 0.090024 0.51173574135600 19.64473 0.075319 0.37001494232800 19.16602 0.064211 0.0852866811700 19.4497 0.070719 -0.14877471495200 19.68019 0.083923 0.17051757738000 19.44083 0.07483 0.10151290738900 19.47629 0.079885 -0.04896753239300 19.0951 0.060782 0.02161458352700 18.72277 0.040098 0.06441860222400 18.40363 0.019922 -0.14762153318000 17.97812 -0.013577 0.13819761406600 17.46395 -0.047655 0.14008342985100 17.64125 -0.048297 -0.294543

Page 80: Markowitz Final

46090100 17.80082 -0.032475 -0.10919244255600 17.32211 -0.057609 0.03523842807600 17.41076 -0.061169 -0.04570440781200 17.72103 -0.045772 0.36342555288500 17.84514 -0.05707 0.0717939098800 17.94266 -0.04757 0.01217240646100 17.99584 -0.045185 0.13390553819400 17.526 -0.059773 0.21406351597200 17.21573 -0.081525 0.08637653521400 17.5526 -0.063121 0.03291854210800 17.47281 -0.06781 0.51808448904000 17.18027 -0.074029 0.09120279157400 17.01184 -0.069241 0.01404392196400 17.526 -0.048752 -0.03179651304900 18.32385 -0.005914 0.34224344763700 18.43023 -0.00248 0.06788846288900 18.51888 0.016576 -0.13391154183200 18.30612 -0.00267 0.32440675327100 18.40363 0.00786 0.28892495403800 17.66784 -0.026911 0.1541851.17E+08 18.26179 0.002939 0.2562241.37E+08 17.82741 -0.020453 0.1505741.02E+08 18.43023 0.001735 0.307911

86743900 18.48342 -0.006106 0.41049165640300 19.33445 0.055341 0.39958856976600 19.0685 0.049234 0.09139351674300 19.52502 0.068261 -0.01624451897500 19.60404 0.069048 0.11280436736700 19.79718 0.079072 0.3835959198500 19.77962 0.091997 0.05849945573600 20.10445 0.136485 0.10966140716100 20.21858 0.159814 -0.07854145085500 20.30638 0.151825 0.18337580125400 20.02544 0.16535 0.16622457158800 20.18347 0.150447 0.37401655706900 20.24492 0.169952 -0.05144845195400 19.56014 0.13884 0.23267849959400 19.63915 0.153223 0.17984647571900 19.55136 0.149804 0.11147343265500 19.73573 0.165345 0.04251851048100 19.70939 0.170901 -0.27050634663100 20.06056 0.21844 -0.21490735838800 20.27126 0.232521 0.29818753107000 20.39417 0.23165 0.47120743269800 19.97276 0.2062 -0.14591733358200 19.70061 0.194711 0.02067135837100 19.77962 0.167346 0.16349753930200 19.45479 0.160502 0.265439

Page 81: Markowitz Final

31660400 18.77879 0.122474 0.26907236515100 18.86658 0.134697 0.11729345183400 18.73489 0.132028 0.4698651.24E+08 18.61198 0.133998 -0.072774

54189000 19.05972 0.178509 0.51504837679600 18.78757 0.134624 0.28701555384300 19.00705 0.155053 0.32751637358400 18.72611 0.135614 0.10053296504000 18.6032 0.112548 0.15369453634800 18.80513 0.140406 0.31745948556700 18.80513 0.129836 0.47212751995000 19.1563 0.177617 0.25769943550000 18.77879 0.152588 0.19725853233300 18.77001 0.144224 0.04503436986100 19.10362 0.17748 -0.01438949513200 19.1563 0.18826 0.1101460300000 19.367 0.191197 -0.10730349667100 19.16508 0.194519 -0.00756953937700 19.07728 0.187778 0.31389153445700 19.39334 0.219166 -0.1064556011400 19.31432 0.254064 0.18050159575300 19.76206 0.280997 -0.01063667162300 19.49869 0.270986 -0.05219644432200 19.75328 0.271948 0.08087249375900 19.91131 0.260558 0.05259551736300 19.84986 0.26698 0.2464464900000 20.06934 0.290875 0.27298863124700 20.38539 0.34608 -0.05993598367500 20.66632 0.342596 0.32404865592900 20.96482 0.331589 -0.10949186074100 20.6751 0.326912 0.51669974471600 20.75412 0.310361 0.1920153099500 20.55219 0.302545 0.06365466300000 20.81557 0.298779 0.25113685800000 20.55219 0.268104 0.14293266314300 20.21858 0.24818 0.23522273296400 19.98154 0.190099 0.114985

1E+08 20.41173 0.219455 0.26373494292200 20.72778 0.242154 -0.0649841.37E+08 20.63121 0.257026 0.1929531.11E+08 20.23526 0.213885 0.149069

71970500 19.95652 0.198396 0.0881171.56E+08 20.16558 0.187123 0.132069

55000000 19.8607 0.122181 0.23075268452900 19.71261 0.113814 0.232511.05E+08 19.58195 0.105361 -0.018366

81676700 19.11157 0.075686 -0.19547977640100 18.69345 0.053067 -0.158896

Page 82: Markowitz Final

1.75E+08 18.64989 0.036704 0.02805981426500 17.29971 -0.012675 -0.03955946481400 17.09065 -0.044549 0.15532944283000 17.20389 -0.051746 -0.043752706900 17.05581 -0.070799 0.34845738977500 17.23003 -0.066928 0.19034952110300 17.2126 -0.067013 -0.25024643166300 17.5262 -0.05394 -0.03619946474900 17.43909 -0.035617 0.01172351606400 17.4478 -0.052517 -0.01292756267400 17.37811 -0.053678 0.11452762605700 17.16905 -0.03971 0.33755669372800 16.97741 -0.07206 0.09267282621500 17.17776 -0.054516 0.11395887528000 17.57846 -0.016343 -0.05612154565700 17.82236 0.018638 0.1638259545200 17.66557 0.026139 -0.11493437109400 17.71783 0.036343 -0.06363752478400 17.74397 0.03581 0.13084849378300 17.75268 0.07143 0.01895537924600 17.67428 0.082254 0.31344145962800 17.55233 0.071996 -0.13699943392300 17.58717 0.063078 -0.30244474001300 17.36069 0.03136 -0.43732859048300 17.33456 0.000976 0.0853284812700 17.25616 0.012866 0.07843880464000 17.57846 0.017059 0.25492748954200 18.15338 0.025591 -0.17104345640700 18.17951 0.018745 0.37059769121300 18.10982 0.004783 0.05489260415900 18.46697 0.014544 0.39233957165700 18.40599 0.005555 0.1280157520200 18.47568 0.010771 0.03824764664800 18.78055 0.027928 -0.01810350504000 18.98091 0.068237 0.00247252192300 18.71958 0.06629 0.18514157987400 18.63247 0.065976 0.42158466390100 18.70216 0.103249 -0.13332653475700 19.04188 0.109373 0.07145854496400 18.54536 0.07353 0.38717983648300 18.42341 0.033891 0.10664964515600 18.99833 0.019906 -0.19522255060500 19.28578 0.03961 -0.03932850185500 19.1377 0.062313 0.21751755214100 18.94606 0.039892 0.30602550640200 18.68474 0.009525 0.11119645134600 18.78927 0.067157 -0.01519643716600 18.95477 0.068812 0.249052

Page 83: Markowitz Final

56661800 18.98961 0.080101 0.1684544601400 18.69345 0.051052 0.5425848215100 18.85024 0.065985 0.17153243643100 18.8938 0.028382 0.45879739353500 18.88509 0.036062 0.10058439846000 18.78927 0.003186 0.3394546928100 18.62289 0.000208 0.22000560971000 18.55379 -0.03052 -0.00918790844300 18.53651 -0.056172 0.25996155193100 18.53651 -0.021859 0.49637458069200 18.78701 -0.02051 -0.23251757196100 18.78701 0.036485 0.13739772327200 18.61425 0.017405 -0.10218482375700 18.34648 -0.027083 -0.12457263697600 17.9837 -0.056198 0.0620256170800 18.09599 -0.078885 0.06692343339000 18.14782 -0.05926 0.09572555272100 18.20828 -0.082244 0.2730741.55E+08 18.20828 -0.07317 -0.0428921.04E+08 18.38967 -0.067544 -0.005911

53380600 18.39831 -0.085513 0.18911864452600 18.18237 -0.104517 -0.0656851449700 17.87141 -0.117998 0.31533474806100 17.8455 -0.112245 0.2834651.17E+08 17.94051 -0.11936 0.347139

61810500 18.08735 -0.107712 0.13416375206200 18.26874 -0.09575 0.25705558223800 18.00961 -0.119618 0.19377215743700 18.16509 -0.085589 0.45540818876000 18.15645 -0.05592 0.38270420848400 18.08735 -0.049915 0.19983221169600 18.03552 -0.053058 -0.25803618604300 18.00097 -0.044705 0.27156327960800 18.00097 -0.050662 0.12254749206900 18.04416 -0.046261 0.1047334102300 18.22556 -0.044774 0.13159334211900 18.33784 -0.030305 0.18859257138100 18.53651 -0.015402 -0.0604335224900 18.39831 -0.02493 0.30363642701400 18.38103 -0.025409 0.08546341699300 18.54515 -0.012728 0.16926578296300 18.57106 -0.016215 0.06697752407700 18.92521 -0.00103 0.16905179874700 18.83883 -0.016117 -0.17553268959600 18.84747 0.003366 0.10594846991400 18.64017 0.003612 0.08695531861200 18.74382 -0.000354 -0.16882143907400 18.73518 -0.002612 0.396424

Page 84: Markowitz Final

48095800 18.74382 0.008275 0.13894452939300 18.55379 0.037655 0.04619452406500 18.27738 0.017391 -0.07849146887900 18.42422 0.026529 -0.11178619147500 18.43286 0.029919 -0.09199242449700 18.47605 0.044657 0.13654444856200 18.21692 0.038435 0.37780840328600 18.35512 0.045307 0.45840849134200 18.26011 0.053066 0.09615468847000 18.15645 0.047598 0.33249244262100 18.20828 0.041453 0.3617362890100 18.19964 0.032479 0.15776950076900 18.39831 0.061036 0.4031651.01E+08 18.59698 0.067295 -0.214084

69682800 18.32057 0.047876 -0.02463248072100 18.17373 0.055281 0.3284146639500 18.27738 0.03689 0.19909553006900 18.33784 0.042818 0.39630255960500 18.34648 0.042308 -0.17711966048200 18.11326 0.038024 0.22510153044600 17.69002 0.010834 0.32779260959100 17.43261 0.010265 -0.09147751593700 17.62974 0.040534 -0.2912260774400 17.18406 0.033288 -0.16130271144000 17.54403 0.05708 0.05733948151900 17.30406 0.058786 0.0038456344600 17.1755 0.044442 0.12791745769400 17.0298 0.060084 -0.18407350129800 17.00408 0.022985 0.06902674287500 16.93552 0.015146 -0.20422484884600 16.83267 0.024417 -0.0527185409800 16.46413 0.012834 0.25681654985100 16.44699 -0.014632 -0.05587164052800 16.55841 -0.023641 0.00921859255900 16.55841 -0.011925 -0.0082611.74E+08 16.48985 -0.031512 0.168323

94743400 16.94409 0.01566 0.11878452722400 16.76411 -0.039972 0.3316646528700 16.72982 -0.052843 0.29206551794600 16.62698 -0.057324 0.16144154990000 16.54984 -0.050419 0.24648961004600 16.41271 -0.0881 0.11967167082000 16.17274 -0.07914 0.17755141275000 16.55841 -0.041169 0.09918475382200 16.45557 -0.062589 -0.1405462484300 16.48985 -0.055224 0.05304461019600 16.72125 -0.03127 -0.12604551071000 16.48985 -0.053862 -0.042071

Page 85: Markowitz Final

55749300 16.64412 -0.048213 0.03039251954700 16.26701 -0.070223 0.29182161569400 16.29272 -0.046842 0.29406269131400 16.40414 -0.04918 0.36783544935100 16.22416 -0.050853 0.1170436600 16.12131 -0.052224 0.04384969165800 16.25844 -0.045573 0.25137856107300 16.04418 -0.047373 -0.01393864479500 16.06132 -0.0435 0.02233273870900 15.90705 -0.055045 0.09901968814700 15.40138 -0.063645 0.17306365019600 15.42709 -0.034539 0.3375381.02E+08 15.34139 -0.05526 0.005776

58636500 15.52994 -0.063935 0.12959359143200 15.79563 -0.056498 0.20251653192100 15.66707 -0.060415 0.2163473611500 15.54708 -0.079179 -0.0543591.12E+08 15.14426 -0.096762 -0.0479

73718900 15.39281 -0.081019 0.0412921.35E+08 15.74421 -0.077575 0.08268

69586000 15.58136 -0.091131 -0.18351463350600 15.83848 -0.048701 0.19163975107400 15.77849 -0.045095 0.11263171954400 16.02703 -0.027094 0.22379195174400 16.20702 0.007403 -0.323533

1.6E+08 16.19845 0.011612 0.03739458982400 16.78982 0.036074 0.09083360836400 16.7384 0.030238 0.1546648721100 16.68697 0.026543 -0.02471957384800 16.41271 0.018067 0.3820786580600 16.66983 0.030802 0.15483499079200 16.65269 -0.012226 0.2898051.36E+08 16.98694 -0.002316 0.091587

46082800 17.6983 0.044088 0.33245450833800 17.6983 0.065686 -0.1157644475000 17.71544 0.074306 0.04151285639700 17.76687 0.068737 0.24261760929200 17.75144 0.086427 0.20985850316200 17.9896 0.103265 0.02562867395900 17.52179 0.104662 -0.23287883811400 17.88753 0.130107 0.15837251673900 18.1427 0.164726 0.0748653975800 18.35535 0.19314 -0.09104750929500 18.46592 0.168124 0.51911262115500 18.44891 0.160942 0.25175874465500 18.52546 0.159087 0.00294371775300 18.08316 0.142709 0.02920272666400 18.41489 0.121818 0.326579

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63430400 18.36385 0.113631 0.15458180451500 17.87903 0.086972 0.3898041.19E+08 18.29581 0.093513 0.0821831.99E+08 18.16822 0.100103 0.5983811.03E+08 17.87052 0.064919 0.054591

56587900 17.49627 0.030868 -0.02425952843800 17.21558 0.02589 -0.05281865407600 17.0965 -0.005357 0.17299872806800 17.13052 -0.011033 0.16841660697600 16.56915 -0.027569 0.32184758093400 16.33099 -0.037318 0.25285588020000 16.37351 -0.023806 -0.08004464294700 16.54363 0.000725 0.5593779050800 16.83282 0.02492 0.13312654468400 17.31765 0.060887 -0.03745794683200 17.03696 0.072652 0.37752362003900 17.28362 0.09564 0.02308561352400 17.70041 0.126217 0.03596158831100 17.845 0.00515248844300 18.02362 -0.04480564872600 18.20224 -0.09925837270900 18.30431 0.27657943764600 18.2788 0.16760362082000 18.27029 -0.05689268877500 17.76845 -0.03304849491800 17.55581 0.05538757168300 17.47926 0.34409658981200 16.9519 0.13716591377800 17.16455 0.04136365435200 17.27512 -0.01880567919400 17.81949 0.06634554614400 18.62753 0.21629861537200 18.55098 0.15200957164500 18.01512 0.02228172712600 18.21926 0.17000783236800 18.50845 0.19181485666800 17.60684 0.08037296151400 17.73443 0.09030856436100 17.58133 0.0720951.12E+08 17.78546 0.0988621.07E+08 17.6834 -0.248116

89530600 18.37236 0.42564776636100 18.22776 -0.19353664550400 18.7296 0.08781983526200 18.61902 0.26471462099000 19.13787 0.10931183343400 19.63971 0.3614371.03E+08 18.95075 -0.183835

Page 87: Markowitz Final

1.13E+08 19.1804 -0.0368681.39E+08 18.12569 -0.0837551.61E+08 18.29581 0.157058

96854100 18.85718 0.36783290704300 19.05452 0.04054155449900 19.64575 0.30248681864000 19.29101 0.3263259059400 19.84001 -0.0541391.09E+08 19.64575 0.366188

78937600 19.72176 -0.25702457727600 20.11873 0.03062956963700 20.30455 -0.11237573666100 20.26232 0.25530973899300 20.10184 0.03001365991400 20.37212 -0.11720971310800 20.27076 -0.1374071.03E+08 20.20319 0.2915121.11E+08 20.45658 0.093243

1.6E+08 19.86535 -0.0515261.22E+08 19.23189 -0.225594

49353000 19.03762 -0.053745528700 19.04607 0.16975140824500 18.84336 -0.06046662539800 18.96161 0.13701847056500 18.91938 0.06072134942900 19.07985 0.06315745491000 18.91093 0.17776145983800 18.82647 -0.10268437886300 18.8687 -0.15034834467900 18.86025 0.2956545700500 18.78424 0.20206452428700 18.87715 -0.04751354729000 18.94472 0.22951664740900 19.14742 0.06036847405700 18.78424 0.21066177998500 18.57309 0.06065354458500 18.75046 0.30217277805900 18.78424 0.2236951.23E+08 18.58998 0.195404

34378000 17.8805 0.06607639584500 17.96496 0.22611853778700 17.94807 -0.22451758435600 17.89739 0.04870883168700 17.68624 0.22676635742100 17.54266 0.13284945879700 17.55955 -0.05784362750100 17.33995 -0.09063749909900 17.3315 0.221595

Page 88: Markowitz Final

59399000 17.48353 0.16313751203300 17.62712 0.41178347795300 17.33995 0.05201948789400 17.42441 0.46112251070100 17.48353 0.17635962245300 17.2217 -0.05704538730600 17.62712 -0.29802340760000 17.58489 0.50614442613600 17.60178 0.20281747296700 17.44975 0.01942569083400 17.50042 0.1190691108900 17.25549 0.131158837300 16.94298 -0.27843956250600 16.63047 0.16382569454100 16.59669 0.0756562563200 16.3433 0.16352888711700 16.44466 0.3540990931100 16.06458 -0.05310545582300 16.62202 0.31763363332500 16.68284 -0.09568950338300 16.43147 0.11401896053900 16.2555 0.32224976974600 16.69122 -0.06243574926200 16.95935 0.25376865298900 16.75825 0.39409473785600 17.02638 0.0799551.16E+08 16.68284 -0.075409

73633300 17.4621 0.29743165670100 17.66319 0.39552982573500 17.63806 0.3011711.98E+08 17.42858 0.4101851.51E+08 17.99836 -0.086229

71446700 17.56264 -0.36600369958400 17.26938 0.26874151086400 17.55427 -0.08357548234700 17.45372 0.07010554041500 17.261 -0.1706640037400 17.42858 0.01994252357700 17.48723 -0.18294647800900 17.49561 0.06612326429200 17.09341 0.00848926273600 17.25262 -0.07717929331800 17.09341 0.00166427397000 17.00962 -0.01164812189200 17.03476 0.29398730573800 16.84204 0.07020236092900 16.79177 -0.01462556874600 16.83366 -0.067832

Page 89: Markowitz Final

98974800 16.44822 -0.01444752267400 15.97899 0.10156696648500 16.23874 0.05405543142500 16.59067 0.09918935705000 16.74149 0.19904239141600 16.67446 0.11839243211800 16.88394 -0.08240753660100 16.76663 0.08139163988900 16.74987 0.03320947082900 17.06828 -0.0499986311300 17.14369 0.00152649758300 16.64932 -0.21804435774000 16.52363 0.05562747225800 16.47336 -0.12641848593600 16.08792 -0.06817435747700 16.01251 -0.00521546706900 16.20523 0.16621852428500 16.24712 0.13436842994500 16.2555 0.2835349130500 16.12144 0.4477341.09E+08 16.17171 -0.425684

43215700 16.8588 0.02830437596600 17.02638 0.08948664782200 16.95097 0.05452143957400 16.60743 0.22706277009600 16.49012 0.1550861333700 16.62418 0.22263759517800 16.33929 0.34806651383100 16.30578 0.07023644158900 15.86168 0.16780666146600 15.82817 -0.18969585837100 15.57679 0.0156341.02E+08 15.38407 0.31588

63613700 15.80818 0.1582892276300 15.89133 0.04656277273500 15.9828 -0.0302587595200 15.82481 0.04672668171500 16.41522 0.0431663005700 16.49006 -0.07137482639200 16.44848 0.16782166659000 16.73122 0.23732388171800 16.51501 0.05159467829000 16.78111 -0.07290968147600 16.97237 0.23218775760800 16.78111 0.12430380532900 17.18858 0.3957551.65E+08 17.32163 0.0139751.17E+08 17.0389 0.40066

Page 90: Markowitz Final

65087300 16.96406 0.06260555944900 16.7728 0.30495874199400 16.53164 0.45340149526400 16.42354 0.16129674185400 16.32375 0.18700756630400 15.88302 0.300858171800 15.77491 0.1492370648800 15.7167 -0.091405

Page 91: Markowitz Final

corr cov0.699883 0.017812 desired return: prop proportion in:

0.122 0.129907 intel 0.114163micro avg 6 avg 6 mo micro 0.8788040.122079 0.128835 tbill 0.007033

variance variance total 10.018795 0.034461

sd sd0.137095 0.185637 covariance matrix

intel micro tbilltbill avg intel 0.034461 0.017812 0

0.0012 micro 0.017812 0.018795 0tbill 0 0 0

unitized risk total var. 0.002236 0.016302 01.116031

Page 92: Markowitz Final

return0.1288350.122079

0.0012

0.018538

0.136156