Stocks

Date

TCS
8/1/2005
9/1/2005
10/3/2005
11/1/2005
12/1/2005
1/2/2006
2/1/2006
3/1/2006
4/3/2006
5/2/2006
6/1/2006
7/3/2006
8/1/2006
9/1/2006
10/2/2006
11/1/2006
12/1/2006
1/1/2007
2/1/2007
3/1/2007
4/2/2007
5/2/2007
6/1/2007
7/2/2007
8/1/2007
9/3/2007
10/1/2007
11/1/2007
12/3/2007
1/1/2008
2/1/2008
3/3/2008
4/1/2008
5/1/2008
6/2/2008
7/1/2008
8/1/2008
9/1/2008
10/1/2008
11/3/2008
12/1/2008
1/1/2009
2/2/2009

299.127
315.629
298.361
323.88
362.579
355.67
362.143
407.858
105.295
94.906
370.224
398.659
425.019
435.24
462.941
510.509
520.388
544.193
508.209
525.435
539.126
514.576
489.45
492.41
450.123
448.888
443.31
428.49
450.975
379.724
372.43
342.824
394.806
443.226
373.699
362.575
354.536
287.037
237.212
248.255
210.642
228.031
216.428

Asian Paints
Infosys ITC
Tata Steel
23.016 149.713 44.0847 316.9117
23.971 158.484 52.2182 343.649
22.985 162.144 45.8985 275.406
24.947 172.591 51.359 283.764
27.488 192.676 54.2611 308.3509
29.179 185.183 59.1106 328.2314
31.801 181.881 65.8502 349.7349
30.684 191.683 74.5183 435.3428
29.497 201.41 76.7139 1157.777
27.091 218.057 31.5791 944.2841
28.12 221.837 69.6497 433.0707
28.984 238.563 65.9171 402.6414
30.202
260.3 75.407 402.6819
32.112 266.533 73.9106 434.6937
31.763
304.9 74.8163 398.0161
33.867 317.152 72.8868 379.6773
34.98 326.187 69.3429 345.921
37.802 326.988 68.7522 333.5059
35.007 302.289 67.6103 317.4391
36.22 293.719 59.5183 322.5513
37.564 298.404 63.0229 394.1212
39.428 279.874 64.4995 453.4381
38.479 284.488 60.9162 428.5266
42.076 291.382 70.1337 470.722
44.919 273.567 70.0517 494.7409
47.401 278.301 77.8443 610.0479
48.635 274.883 73.3738 735.0112
47.496 239.776 77.2496 670.1764
52.057 263.679 85.9035 759.0302
58.662 227.077 80.2026 599.3368
52.483 228.549 83.1556 650.6204
56.99 214.155 84.5911 563.3896
60.562 262.035 90.1895 664.0093
61.269 314.449 89.3077 732.5768
59.517 274.804 77.024 591.3846
62.933 251.559 80.1088 545.9623
63.399 278.625 80.9236 500.6252
61.562 223.537 80.6449 356.0298
53.101 227.286 66.5358 174.848
49.544 204.275 74.448 126.1772
50.09 183.125 73.6332 181.0152
43.973 214.349 77.2355 153.8462
43.694 201.321 78.5006 144.0121

3/2/2009
4/1/2009
5/1/2009
6/1/2009
7/1/2009
8/3/2009
9/1/2009
10/1/2009
11/2/2009
12/1/2009
1/1/2010
2/1/2010
3/1/2010
4/1/2010
5/3/2010
6/1/2010
7/1/2010
8/2/2010
9/1/2010
10/1/2010
11/1/2010
12/1/2010
1/3/2011
2/1/2011
3/1/2011
4/1/2011
5/2/2011
6/1/2011
7/1/2011
8/1/2011
9/2/2011
10/3/2011
11/1/2011
12/1/2011
1/2/2012
2/1/2012
3/1/2012
4/2/2012
5/1/2012
6/1/2012
7/2/2012
8/1/2012
9/3/2012
10/1/2012
11/1/2012

239.209
278.153
311.799
353.748
477.287
482.791
563.794
575.957
628.698
683.265
714.75
696.911
714.155
700.204
679.758
695.942
780.057
783.726
861.008
977.998
1001.356
1084.787
1080.868
1034.958
1103.614
1086.601
1078.678
1111.433
1069.931
983.358
976.112
1052.907
1052.672
1095.229
1071.524
1156.26
1105.968
1179.585
1178.402
1216.556
1187.279
1282.842
1237.161
1258.752
1257.316

43.694
49.639
59.953
72.423
87.486
86.665
86.807
106.291
109.675
116.64
119.182
117.808
132.707
135.307
135.783
162.563
183.859
195.11
188.086
196.114
193.279
210.047
188.07
175.169
184.297
202.451
228.631
250.797
246.773
259.057
248.628
256.783
234.011
210.685
243.434
257.677
263.484
286.63
326.839
343.421
321.673
321.532
347.506
350.433
391.997

217.565
244.965
262.513
301.308
349.428
361.03
390.505
382.15
411.406
449.445
431.379
448.97
451.386
472.471
469.768
493.274
492.814
479.639
539.137
532.263
546.467
616.634
558.413
536.813
580.551
520.54
513.675
536.689
511.878
432.041
467.097
542.557
491.517
521.835
517.753
543.669
540.435
464.224
475.884
491.525
436.235
462.621
496.569
474.908
489.751

79.2726
80.9236
78.7579
81.8028
110.761
102.649
103.583
113.25
114.272
111.472
111.183
103.227
116.917
118.161
125.873
140.115
141.629
149.679
163.578
157.065
157.707
160.23
149.175
155.046
167.065
176.468
177.386
188.905
193.932
186.16
184.298
198.4
186.811
187.37
189.836
193.28
211.198
228.511
213.479
245.604
244.893
253.905
258.411
268.04
283.17

171.5977
198.7666
337.8616
325.6106
399.9766
367.0201
440.7182
407.9346
501.0088
534.3113
492.2722
496.7702
546.7241
535.2628
433.1062
420.0879
472.1206
459.5483
573.0506
518.1897
514.1454
598.1953
562.4125
533.8391
547.0708
542.0155
517.838
536.5206
505.9386
420.3596
372.6363
433.0978
345.5453
300.872
404.3921
423.903
423.1853
415.9192
362.0959
396.0494
382.5866
333.6151
370.0783
362.0472
356.5085

12/3/2012
1/1/2013
2/1/2013
3/1/2013
4/1/2013
5/1/2013
6/3/2013
7/1/2013
8/1/2013
9/2/2013
10/1/2013
11/1/2013
12/2/2013
1/1/2014
2/3/2014
3/3/2014
4/1/2014
5/1/2014
6/2/2014
7/1/2014
8/1/2014
9/1/2014
10/1/2014
11/3/2014
12/1/2014
1/1/2015
2/2/2015
3/2/2015
4/1/2015
5/1/2015
6/1/2015
6/2/2015

1201.675
1289.101
1454.872
1511.216
1321.948
1437.082
1468.985
1760.675
1971.8
1869.583
2052.356
1947.7
2110.661
2181.591
2215.37
2076.554
2131.117
2084.536
2383.707
2540.574
2483.757
2694.728
2573.139
2607.821
2524.199
2453.914
2632.17
2524.999
2435.772
2580.71
2588.076
2588.076

401.248
407.458
386.733
445.125
423.762
440.223
455.253
498.406
413.326
450.932
530.798
495.572
482.141
464.134
465.414
539.162
497.048
499.459
589.036
623.396
618.983
625.972
653.266
740.467
748.024
852.875
802.562
806.688
758.116
782.576
785.261
785.261

466
560.625
584.239
580.693
449.273
508.019
526.378
625.55
654.241
634.682
714.255
723.891
752.181
798.674
825.379
708.407
686.396
670.655
742.788
768.364
821.104
855.089
953.535
513.085
928.553
1008.27
1066.58
1044.27
914.29
952.377
963.976
963.976

272.071
291.851
279.66
293.558
311.962
327.294
312.321
329.027
297.251
327.776
322.576
308.517
309.914
313.043
315.498
339.764
328.113
329.076
318.675
349.066
348.331
362.939
348.233
356.027
361.468
361.321
385.978
319.459
316.027
320.684
325.537
325.537

395.5564
373.7708
315.2451
288.7977
279.4742
269.3199
252.7038
205.3709
260.8791
258.594
318.8628
381.4167
403.8866
339
327.3366
375.1327
381.5119
452.3491
503.0968
537.6111
498.5095
445.953
476.02
459.845
388.0049
379.3102
340.6457
307.7129
350.069
319.1277
320.2449
320.2449

Stocks
Clariant ChemicalsDewan Hou
Reliance IndustSuzlon
HDFC
167.46
64.15
331.771
123.6
109.17
170.06
48.5
365.967
132.4
96.66
160.71
48.32
351.648 142.184
109.45
176.02
54.79
384.022
169.38
112.93
181.12
54.53
410.125 177.934
121.49
190.09
62.23
329.234
231.51
117.45
182.1
59.73
326.906 217.504
123.37
178.87
56.98
366.797 259.182
131.32
189.43
62.66
460.232 250.916
123.41
172.12
80.94
440.401 194.218
130.96
144.42
59.03
488.779 208.492
130.8
138.47
51.51
451.4 214.977
140.19
164.63
56.41
515.296 239.398
152.25
164.39
68.13
540.384 245.903
165.29
166.44
62.93
565.403 260.525
184.57
171.19
69.18
573.912
287.8
175.71
184.57
65.64
585.764 259.491
177.46
181.01
69.27
630.176 227.262
153.84
170.09
62.09
623.742 206.313
156.99
176.18
53.44
631.951 199.331
168.5
148.43
55.27
719.921 236.274
195.42
165.62
59.38
811.119 255.711
195.28
165.84
73.07
784.255 297.131
204.44
157.81
68.7
873.239 252.906
199.23
161.75
59.69
902.985 251.732
244.53
156.68
64.06
1059.324
287.81
283.87
147.55
98.83
1284.379 392.643
292.55
152.07
131.27
1312.511 377.185
292.37
179.53
189.04
1331.649 385.103
263.94
148.89
174.91
1150.637 305.974
246.71
146.45
165.29
1122.413 279.813
224.78
141.52
93.67
1038.894 262.206
263.92
136.95
103.11
1202.75 285.632
241.31
130.56
100.75
1118.144 275.784
175.29
115.27
78.23
970.011 214.759
188.95
136.95
99.68
1031.015
222.8
224.15
130.16
101.53
989.709
218
217.15
114.15
75.89
905.794
152.25
178.62
98.49
59.74
635.653
44.45
160.58
85.02
57.36
528.547
41.65
174.4
87.48
76.78
573.974
62.3
161.46
85.02
55.95
619.261
47.3
155.7
94.15
46.77
584.661
40.55
171.44

111.59
108.36
145.91
152.14
196.12
202.61
233.79
243.85
262.03
308.47
291.1
295.09
353.99
438.3
432.63
427.73
433.83
453.17
511.98
519.53
492.93
490.43
471.81
417.53
449.99
505.5
495.64
522.94
525.45
533.82
519.98
482.51
446.3
409.63
447.93
456.92
472.47
465.49
459.95
475.42
477.36
471.84
482.35
505.08
479.93

48.36
63.5
97.07
134.14
121.03
122.52
131.09
154.43
180.98
170.59
190.5
168.97
185.36
213.39
210.27
211.27
252.18
245.83
261.91
285.62
251.03
277.85
236.78
228.37
244.96
227.96
229.56
203.07
193.59
207.23
218.55
211.5
171.64
167.55
217.02
232.14
222.03
203.24
173.35
153.49
137.47
158.27
190.26
181.44
191.74

708.811
842.974
1051.505
944.864
919.252
930.754
1024.03
908.244
997.325
1030.647
1023.625
922.808
1012.643
974.324
992.362
1034.359
958.242
872.398
936.983
1040.433
935.417
1004.795
872.493
915.154
995.684
933.661
911.076
860.012
792.484
751.469
773.723
839.959
744.913
663.267
782.099
785.592
718.447
713.183
683.602
714.847
720.418
742.507
811.1
780.388
768.956

42.4
63.65
97.65
103.7
99.75
93.75
91.65
66.9
78.45
90.35
77.25
71.8
71.9
68.95
56.3
57.9
56.5
46.3
52.3
55.45
47.6
54.65
49.35
46.65
44.65
53.15
53.9
47.95
52.4
37
36.55
38.6
23.2
18
28
26.6
25.3
22.8
18.05
18.55
18.45
14.95
17.76
15.7
19.55

193.51
253.63
271.76
271.22
266.34
299.65
294.21
317.57
308.73
321.73
308.66
350.07
362.19
341.91
358.89
397.77
399.15
465.56
426.39
427.42
438.82
382.89
383.81
438.72
429.31
448.77
487.22
471.43
460
452.88
474.52
428.52
413.37
476.56
500.77
503.43
525.37
490.21
550.06
573.68
581.1
614.09
619.02
687.1
662.36

492.87
445.98
423.14
372.71
375.28
359.74
302.89
403.85
377.36
410.18
476.18
478.58
504.23
494.69
494.61
523.43
573.58
584.99
725.96
713.87
788.51
800.19
856.01
769.47
760.95
903.05
839.3
813.15
850.6
806.9
807.45
807.45

173.26
198.64
160.23
155.25
167.32
155.68
153
126.21
115.66
101.45
148.91
165.8
207.93
210.93
222.32
216.68
224.2
300.38
359.26
353.39
355.09
332.49
367.03
402.63
393.02
468.69
507.56
465.6
444.49
439.71
441.36
441.36

813.376
859.008
788.477
748.804
763.627
789.852
845.004
854.261
836.432
805.624
896.041
835.795
876.939
814.195
783.632
911.763
916.71
1052.473
1003.739
994.892
987.231
934.839
989.059
980.212
880.916
904.739
845.725
816.514
852.446
877
902.25
902.25

18.55
24.5
16.05
13.65
14.57
11.75
9.11
6.96
5.94
6.49
9.7
9.87
10.32
10.75
10.07
11.1
13.1
21.96
28.35
21.85
21.5
12.95
13.45
14.07
14.7
16.21
27.85
27.4
23.9
25.2
23.85
23.85

627.66
610.38
610.38
665.97
683.73
658.93
600.13
584.62
583.69
670.05
650.86
655.34
618.58
659.03
736.98
709.91
780.24
815.42
827.78
837.26
866.14
905.05
950.01
944.5
1069.31
1046.14
1015.07
981.42
1042.71
1059.19
1064.35
1064.35
Average Return
Standard Dev
Variance

Returns
TCS

Asian Paints
5.37%
-5.63%
8.21%
11.29%
-1.92%
1.80%
11.89%
-135.42%
-10.39%
136.12%
7.40%
6.40%
2.38%
6.17%
9.78%
1.92%
4.47%
-6.84%
3.33%
2.57%
-4.66%
-5.01%
0.60%
-8.98%
-0.27%
-1.25%
-3.40%
5.11%
-17.20%
-1.94%
-8.28%
14.12%
11.57%
-17.06%
-3.02%
-2.24%
-21.12%
-19.07%
4.55%
-16.43%
7.93%
-5.22%

4.07%
-4.20%
8.19%
9.70%
5.97%
8.60%
-3.58%
-3.95%
-8.51%
3.73%
3.03%
4.12%
6.13%
-1.09%
6.41%
3.23%
7.76%
-7.68%
3.41%
3.64%
4.84%
-2.44%
8.94%
6.54%
5.38%
2.57%
-2.37%
9.17%
11.95%
-11.13%
8.24%
6.08%
1.16%
-2.90%
5.58%
0.74%
-2.94%
-14.78%
-6.93%
1.10%
-13.02%
-0.64%

Infosys
5.69%
2.28%
6.24%
11.01%
-3.97%
-1.80%
5.25%
4.95%
7.94%
1.72%
7.27%
8.72%
2.37%
13.45%
3.94%
2.81%
0.25%
-7.85%
-2.88%
1.58%
-6.41%
1.64%
2.39%
-6.31%
1.72%
-1.24%
-13.66%
9.50%
-14.94%
0.65%
-6.50%
20.18%
18.23%
-13.48%
-8.84%
10.22%
-22.03%
1.66%
-10.67%
-10.93%
15.74%
-6.27%

ITC
16.93%
-12.90%
11.24%
5.50%
8.56%
10.80%
12.37%
2.90%
-88.76%
79.10%
-5.51%
13.45%
-2.00%
1.22%
-2.61%
-4.98%
-0.86%
-1.67%
-12.75%
5.72%
2.32%
-5.72%
14.09%
-0.12%
10.55%
-5.91%
5.15%
10.62%
-6.87%
3.62%
1.71%
6.41%
-0.98%
-14.80%
3.93%
1.01%
-0.34%
-19.23%
11.24%
-1.10%
4.78%
1.62%

Tata SteelClariant ChemicalsDewan Ho

8.10%
-22.14%
2.99%
8.31%
6.25%
6.35%
21.90%
97.81%
-20.38%
-77.95%
-7.29%
0.01%
7.65%
-8.81%
-4.72%
-9.31%
-3.65%
-4.94%
1.60%
20.04%
14.02%
-5.65%
9.39%
4.98%
20.95%
18.63%
-9.23%
12.45%
-23.62%
8.21%
-14.40%
16.43%
9.83%
-21.41%
-7.99%
-8.67%
-34.08%
-71.11%
-32.62%
36.09%
-16.26%
-6.61%

1.54%
-5.65%
9.10%
2.86%
4.83%
-4.29%
-1.79%
5.74%
-9.58%
-17.55%
-4.21%
17.30%
-0.15%
1.24%
2.81%
7.53%
-1.95%
-6.22%
3.52%
-17.14%
10.96%
0.13%
-4.96%
2.47%
-3.18%
-6.00%
3.02%
16.60%
-18.71%
-1.65%
-3.42%
-3.28%
-4.78%
-12.46%
17.23%
-5.09%
-13.13%
-14.76%
-14.71%
2.85%
-2.85%
10.20%

-27.97%
-0.37%
12.57%
-0.48%
13.21%
-4.10%
-4.71%
9.50%
25.60%
-31.57%
-13.63%
9.09%
18.88%
-7.94%
9.47%
-5.25%
5.38%
-10.94%
-15.00%
3.37%
7.17%
20.75%
-6.17%
-14.06%
7.07%
43.36%
28.39%
36.47%
-7.77%
-5.66%
-56.79%
9.60%
-2.32%
-25.30%
24.23%
1.84%
-29.11%
-23.93%
-4.07%
29.16%
-31.65%
-17.92%

10.01%
15.08%
11.42%
12.62%
29.95%
1.15%
15.51%
2.13%
8.76%
8.32%
4.51%
-2.53%
2.44%
-1.97%
-2.96%
2.35%
11.41%
0.47%
9.40%
12.74%
2.36%
8.00%
-0.36%
-4.34%
6.42%
-1.55%
-0.73%
2.99%
-3.81%
-8.44%
-0.74%
7.57%
-0.02%
3.96%
-2.19%
7.61%
-4.45%
6.44%
-0.10%
3.19%
-2.44%
7.74%
-3.63%
1.73%
-0.11%

0.00%
12.76%
18.88%
18.90%
18.90%
-0.94%
0.16%
20.25%
3.13%
6.16%
2.16%
-1.16%
11.91%
1.94%
0.35%
18.00%
12.31%
5.94%
-3.67%
4.18%
-1.46%
8.32%
-11.05%
-7.11%
5.08%
9.39%
12.16%
9.25%
-1.62%
4.86%
-4.11%
3.23%
-9.29%
-10.50%
14.45%
5.69%
2.23%
8.42%
13.13%
4.95%
-6.54%
-0.04%
7.77%
0.84%
11.21%

7.76%
11.86%
6.92%
13.78%
14.82%
3.27%
7.85%
-2.16%
7.38%
8.84%
-4.10%
4.00%
0.54%
4.57%
-0.57%
4.88%
-0.09%
-2.71%
11.69%
-1.28%
2.63%
12.08%
-9.92%
-3.95%
7.83%
-10.91%
-1.33%
4.38%
-4.73%
-16.96%
7.80%
14.98%
-9.88%
5.99%
-0.79%
4.88%
-0.60%
-15.20%
2.48%
3.23%
-11.93%
5.87%
7.08%
-4.46%
3.08%

0.98%
2.06%
-2.71%
3.79%
30.31%
-7.61%
0.91%
8.92%
0.90%
-2.48%
-0.26%
-7.42%
12.45%
1.06%
6.32%
10.72%
1.07%
5.53%
8.88%
-4.06%
0.41%
1.59%
-7.15%
3.86%
7.47%
5.48%
0.52%
6.29%
2.63%
-4.09%
-1.01%
7.37%
-6.02%
0.30%
1.31%
1.80%
8.87%
7.88%
-6.80%
14.02%
-0.29%
3.61%
1.76%
3.66%
5.49%

17.53%
14.70%
53.05%
-3.69%
20.57%
-8.60%
18.30%
-7.73%
20.55%
6.44%
-8.19%
0.91%
9.58%
-2.12%
-21.18%
-3.05%
11.68%
-2.70%
22.07%
-10.06%
-0.78%
15.14%
-6.17%
-5.21%
2.45%
-0.93%
-4.56%
3.54%
-5.87%
-18.53%
-12.05%
15.04%
-22.58%
-13.84%
29.57%
4.71%
-0.17%
-1.73%
-13.86%
8.96%
-3.46%
-13.70%
10.37%
-2.19%
-1.54%

16.99%
-2.94%
29.75%
4.18%
25.39%
3.26%
14.31%
4.21%
7.19%
16.32%
-5.80%
1.36%
18.20%
21.36%
-1.30%
-1.14%
1.42%
4.36%
12.20%
1.46%
-5.26%
-0.51%
-3.87%
-12.22%
7.49%
11.63%
-1.97%
5.36%
0.48%
1.58%
-2.63%
-7.48%
-7.80%
-8.57%
8.94%
1.99%
3.35%
-1.49%
-1.20%
3.31%
0.41%
-1.16%
2.20%
4.60%
-5.11%

3.34%
27.24%
42.44%
32.35%
-10.28%
1.22%
6.76%
16.39%
15.86%
-5.91%
11.04%
-11.99%
9.26%
14.08%
-1.47%
0.47%
17.70%
-2.55%
6.34%
8.67%
-12.91%
10.15%
-15.99%
-3.62%
7.01%
-7.19%
0.70%
-12.26%
-4.78%
6.81%
5.32%
-3.28%
-20.88%
-2.41%
25.87%
6.74%
-4.45%
-8.84%
-15.91%
-12.17%
-11.02%
14.09%
18.41%
-4.75%
5.52%

-4.53%
7.02%
12.10%
3.80%
-13.38%
8.35%
2.20%
18.11%
11.32%
-5.32%
9.33%
-5.23%
8.04%
3.31%
1.54%
-6.47%
2.59%
-2.21%
13.41%
6.37%
-2.26%
8.15%
-4.62%
1.34%
-3.26%
-2.82%
7.01%
-4.16%
-3.60%
5.78%
0.29%
0.00%

2.33%
1.54%
-5.22%
14.06%
-4.92%
3.81%
3.36%
9.06%
-18.72%
8.71%
16.31%
-6.87%
-2.75%
-3.81%
0.28%
14.71%
-8.13%
0.48%
16.50%
5.67%
-0.71%
1.12%
4.27%
12.53%
1.02%
13.12%
-6.08%
0.51%
-6.21%
3.18%
0.34%
0.00%

1.81%
19.35%
3.75%

2.97%
7.64%
0.58%

-4.97% -4.00% 10.39%

18.49%
7.02% -5.67%
4.13% -4.27% -17.03%
-0.61%
4.85% -8.76%
-25.66%
6.08% -3.28%
12.29%
4.80% -3.70%
3.55% -4.68% -6.37%
17.26%
5.21% -20.74%
4.48% -10.16% 23.92%
-3.04%
9.78% -0.88%
11.81% -1.60% 20.95%
1.34% -4.46% 17.91%
3.83%
0.45%
5.72%
6.00%
1.00% -17.51%
3.29%
0.78% -3.50%
-15.28%
7.41% 13.63%
-3.16% -3.49%
1.69%
-2.32%
0.29% 17.03%
10.22% -3.21% 10.63%
3.39%
9.11%
6.64%
6.64% -0.21% -7.55%
4.06%
4.11% -11.14%
10.90% -4.14%
6.52%
-61.97%
2.21% -3.46%
59.32%
1.52% -16.99%
8.24% -0.04% -2.27%
5.62%
6.60% -10.75%
-2.11% -18.92% -10.17%
-13.29% -1.08% 12.90%
4.08%
1.46% -9.25%
1.21%
1.50%
0.35%
0.00%
0.00%
0.00%
1.56%
11.63%
1.35%

1.68%
13.01%
1.69%

0.01%
19.25%
3.70%

2.66%
-10.00%
-5.26%
-12.69%
0.69%
-4.23%
-17.20%
28.77%
-6.78%
8.34%
14.92%
0.50%
5.22%
-1.91%
-0.02%
5.66%
9.15%
1.97%
21.59%
-1.68%
9.94%
1.47%
6.74%
-10.66%
-1.11%
17.12%
-7.32%
-3.17%
4.50%
-5.27%
0.07%
0.00%

-10.13%
13.67%
-21.49%
-3.16%
7.49%
-7.21%
-1.74%
-19.25%
-8.73%
-13.11%
38.38%
10.74%
22.64%
1.43%
5.26%
-2.57%
3.41%
29.25%
17.90%
-1.65%
0.48%
-6.58%
9.88%
9.26%
-2.42%
17.61%
7.97%
-8.63%
-4.64%
-1.08%
0.37%
0.00%

1.32%
9.41%
0.89%

1.62%
16.18%
2.62%

De
Reliance IndustSuzlon
9.81%
6.88%
-3.99%
7.13%
8.81%
17.50%
6.58%
4.93%
-21.97%
26.32%
-0.71%
-6.24%
11.51%
17.53%
22.69%
-3.24%
-4.40% -25.61%
10.42%
7.09%
-7.96%
3.06%
13.24%
10.76%
4.75%
2.68%
4.53%
5.78%
1.49%
9.96%
2.04% -10.35%
7.31% -13.26%
-1.03%
-9.67%
1.31%
-3.44%
13.03%
17.00%
11.93%
7.91%
-3.37%
15.01%
10.75% -16.12%
3.35%
-0.47%
15.97%
13.39%
19.26%
31.06%
2.17%
-4.02%
1.45%
2.08%
-14.61% -23.00%
-2.48%
-8.94%
-7.73%
-6.50%
14.65%
8.56%
-7.29%
-3.51%
-14.21% -25.01%
6.10%
3.68%
-4.09%
-2.18%
-8.86% -35.90%
-35.42% -123.12%
-18.45%
-6.51%
8.25%
40.27%
7.59% -27.55%
-5.75% -15.40%

HDFC
-12.17%
12.43%
3.13%
7.31%
-3.38%
4.92%
6.24%
-6.21%
5.94%
-0.12%
6.93%
8.25%
8.22%
11.03%
-4.92%
0.99%
-14.28%
2.03%
7.08%
14.82%
-0.07%
4.58%
-2.58%
20.49%
14.92%
3.01%
-0.06%
-10.23%
-6.75%
-9.31%
16.05%
-8.96%
-31.96%
7.50%
17.08%
-3.17%
-19.53%
-10.65%
8.26%
-7.71%
-3.63%
9.63%

Asian Paints
3.56%
-7.44%
6.39%
9.47%
-3.74%
-0.01%
10.07%
-137.23%
-12.20%
134.31%
5.59%
4.59%
0.56%
4.36%
7.97%
0.10%
2.66%
-8.65%
1.52%
0.76%
-6.47%
-6.82%
-1.21%
-10.79%
-2.09%
-3.06%
-5.21%
3.30%
-19.01%
-3.75%
-10.10%
12.30%
9.76%
-18.88%
-4.84%
-4.06%
-22.93%
-20.88%
2.74%
-18.24%
6.12%
-7.04%

Infosys

ITC
1.10%
-7.17%
5.22%
6.73%
3.00%
5.64%
-6.54%
-6.91%
-11.47%
0.76%
0.06%
1.15%
3.17%
-4.06%
3.45%
0.27%
4.79%
-10.65%
0.44%
0.68%
1.88%
-5.40%
5.97%
3.57%
2.41%
-0.40%
-5.34%
6.20%
8.98%
-14.10%
5.27%
3.11%
-1.81%
-5.87%
2.61%
-2.23%
-5.91%
-17.75%
-9.90%
-1.87%
-15.99%
-3.60%

4.13%
0.72%
4.68%
9.44%
-5.53%
-3.36%
3.68%
3.39%
6.38%
0.15%
5.70%
7.16%
0.80%
11.88%
2.37%
1.24%
-1.32%
-9.42%
-4.44%
0.02%
-7.98%
0.07%
0.83%
-7.87%
0.15%
-2.80%
-15.23%
7.94%
-16.51%
-0.92%
-8.07%
18.61%
16.67%
-15.04%
-10.40%
8.65%
-23.59%
0.10%
-12.24%
-12.49%
14.18%
-7.84%

19.26%
17.33%
22.10%
-10.69%
-2.75%
1.24%
9.55%
-12.00%
9.36%
3.29%
-0.68%
-10.37%
9.29%
-3.86%
1.83%
4.14%
-7.64%
-9.39%
7.14%
10.47%
-10.64%
7.15%
-14.12%
4.77%
8.43%
-6.43%
-2.45%
-5.77%
-8.18%
-5.31%
2.92%
8.21%
-12.01%
-11.61%
16.48%
0.45%
-8.93%
-0.74%
-4.24%
4.47%
0.78%
3.02%
8.84%
-3.86%
-1.48%

4.46% 12.11%
40.63% 27.05%
42.80%
6.90%
6.01% -0.20%
-3.88% -1.82%
-6.20% 11.78%
-2.27% -1.83%
-31.48%
7.64%
15.93% -2.82%
14.12%
4.12%
-15.66% -4.15%
-7.32% 12.59%
0.14%
3.40%
-4.19% -5.76%
-20.27%
4.85%
2.80% 10.29%
-2.45%
0.35%
-19.91% 15.39%
12.19% -8.79%
5.85%
0.24%
-15.26%
2.63%
13.81% -13.63%
-10.20%
0.24%
-5.63% 13.37%
-4.38% -2.17%
17.43%
4.43%
1.40%
8.22%
-11.70% -3.29%
8.87% -2.45%
-34.80% -1.56%
-1.22%
4.67%
5.46% -10.20%
-50.91% -3.60%
-25.38% 14.23%
44.18%
4.96%
-5.13%
0.53%
-5.01%
4.27%
-10.40% -6.93%
-23.36% 11.52%
2.73%
4.20%
-0.54%
1.29%
-21.04%
5.52%
17.22%
0.80%
-12.33% 10.43%
21.93% -3.67%

8.19%
13.27%
9.61%
10.81%
28.14%
-0.67%
13.70%
0.32%
6.95%
6.51%
2.69%
-4.34%
0.63%
-3.79%
-4.78%
0.54%
9.60%
-1.34%
7.59%
10.93%
0.55%
6.19%
-2.18%
-6.15%
4.61%
-3.37%
-2.55%
1.18%
-5.62%
-10.25%
-2.55%
5.76%
-1.84%
2.15%
-4.00%
5.80%
-6.26%
4.63%
-1.91%
1.37%
-4.25%
5.93%
-5.44%
-0.08%
-1.93%

-2.97%
9.79%
15.91%
15.93%
15.93%
-3.91%
-2.80%
17.28%
0.17%
3.19%
-0.81%
-4.13%
8.94%
-1.03%
-2.62%
15.03%
9.34%
2.97%
-6.63%
1.21%
-4.42%
5.35%
-14.02%
-10.07%
2.11%
6.43%
9.19%
6.29%
-4.58%
1.89%
-7.08%
0.26%
-12.25%
-13.47%
11.48%
2.72%
-0.74%
5.45%
10.16%
1.98%
-9.51%
-3.01%
4.80%
-2.13%
8.24%

6.19%
10.30%
5.35%
12.22%
13.25%
1.70%
6.28%
-3.73%
5.81%
7.28%
-5.67%
2.43%
-1.03%
3.00%
-2.14%
3.32%
-1.66%
-4.27%
10.13%
-2.85%
1.07%
10.52%
-11.48%
-5.51%
6.27%
-12.48%
-2.89%
2.82%
-6.30%
-18.52%
6.24%
13.41%
-11.44%
4.42%
-2.35%
3.32%
-2.16%
-16.77%
0.92%
1.67%
-13.50%
4.31%
5.52%
-6.03%
1.51%

5.62%
5.46%
-8.57%
-5.16%
1.96%
3.38%
6.75%
1.09%
-2.11%
-3.75%
10.64%
-6.96%
4.81%
-7.42%
-3.83%
15.14%
0.54%
13.81%
-4.74%
-0.89%
-0.77%
-5.45%
5.64%
-0.90%
-10.68%
2.67%
-6.75%
-3.52%
4.31%
2.84%
2.84%
0.00%

-5.25%
27.82%
-42.30%
-16.20%
6.52%
-21.51%
-25.45%
-26.92%
-15.85%
8.86%
40.19%
1.74%
4.46%
4.08%
-6.53%
9.74%
16.57%
51.66%
25.54%
-26.04%
-1.61%
-50.70%
3.79%
4.51%
4.38%
9.78%
54.12%
-1.63%
-13.67%
5.30%
-5.51%
0.00%

-5.38%
-2.79%
0.00%
8.72%
2.63%
-3.69%
-9.35%
-2.62%
-0.16%
13.80%
-2.91%
0.69%
-5.77%
6.33%
11.18%
-3.74%
9.45%
4.41%
1.50%
1.14%
3.39%
4.39%
4.85%
-0.58%
12.41%
-2.19%
-3.01%
-3.37%
6.06%
1.57%
0.49%
0.00%

0.84%
9.35%
0.87%

-1.38%
22.19%
4.92%

1.91%
8.39%
0.70%

-6.34%
5.21%
10.28%
1.99%
-15.19%
6.54%
0.38%
16.30%
9.51%
-7.14%
7.51%
-7.05%
6.22%
1.49%
-0.28%
-8.28%
0.78%
-4.02%
11.60%
4.56%
-4.08%
6.34%
-6.43%
-0.47%
-5.07%
-4.64%
5.20%
-5.97%
-5.41%
3.97%
-1.53%
-1.81%

-0.63%
-1.43%
-8.19%
11.10%
-7.88%
0.84%
0.39%
6.09%
-21.68%
5.74%
13.34%
-9.83%
-5.71%
-6.77%
-2.69%
11.74%
-11.10%
-2.48%
13.53%
2.70%
-3.68%
-1.84%
1.30%
9.56%
-1.95%
10.15%
-9.05%
-2.45%
-9.18%
0.21%
-2.62%
-2.97%

-6.54%
16.92%
2.56%
-2.17%
-27.22%
10.72%
1.98%
15.70%
2.92%
-4.60%
10.25%
-0.22%
2.27%
4.43%
1.72%
-16.85%
-4.72%
-3.89%
8.65%
1.82%
5.07%
2.49%
9.33%
-63.54%
57.75%
6.67%
4.06%
-3.68%
-14.86%
2.52%
-0.35%
-1.56%

Demeaned Returns
Tata Steel Clariant CDewan Housing
15.25%
-14.58%
9.56%
3.82%
6.88%
9.12%
10.69%
1.22%
-90.44%
77.42%
-7.19%
11.77%
-3.68%
-0.46%
-4.29%
-6.66%
-2.54%
-3.35%
-14.43%
4.04%
0.64%
-7.40%
12.41%
-1.80%
8.87%
-7.59%
3.47%
8.94%
-8.55%
1.94%
0.03%
4.73%
-2.66%
-16.48%
2.25%
-0.67%
-2.03%
-20.91%
9.56%
-2.78%
3.10%
-0.06%

8.09%
-22.15%
2.98%
8.30%
6.24%
6.34%
21.89%
97.80%
-20.39%
-77.96%
-7.29%
0.00%
7.64%
-8.82%
-4.73%
-9.32%
-3.66%
-4.95%
1.59%
20.03%
14.01%
-5.66%
9.38%
4.97%
20.94%
18.63%
-9.24%
12.44%
-23.63%
8.20%
-14.40%
16.42%
9.82%
-21.42%
-8.00%
-8.68%
-34.09%
-71.12%
-32.63%
36.08%
-16.27%
-6.61%

0.22%
-6.98%
7.78%
1.53%
3.51%
-5.62%
-3.11%
4.41%
-10.90%
-18.87%
-5.53%
15.98%
-1.47%
-0.08%
1.49%
6.20%
-3.27%
-7.54%
2.20%
-18.46%
9.64%
-1.19%
-6.29%
1.14%
-4.51%
-7.33%
1.70%
15.28%
-20.04%
-2.97%
-4.75%
-4.60%
-6.10%
-13.78%
15.91%
-6.41%
-14.45%
-16.08%
-16.03%
1.53%
-4.17%
8.88%

Reliance I Suzlon
-29.59%
-1.99%
10.95%
-2.10%
11.59%
-5.72%
-6.33%
7.88%
23.98%
-33.19%
-15.25%
7.47%
17.26%
-9.56%
7.85%
-6.87%
3.76%
-12.56%
-16.62%
1.75%
5.55%
19.13%
-7.79%
-15.68%
5.44%
41.74%
26.76%
34.85%
-9.39%
-7.28%
-58.41%
7.98%
-3.94%
-26.92%
22.61%
0.22%
-30.73%
-25.55%
-5.69%
27.54%
-33.27%
-19.54%

HDFC

8.97%
8.26%
-4.83%
8.51%
7.97%
18.88%
5.74%
6.31%
-22.81%
27.70%
-1.55%
-4.86%
10.67%
18.91%
21.85%
-1.86%
-5.25% -24.23%
9.58%
8.47%
-8.80%
4.45%
12.40%
12.14%
3.91%
4.06%
3.69%
7.16%
0.65%
11.34%
1.20%
-8.97%
6.47% -11.88%
-1.87%
-8.29%
0.47%
-2.06%
12.19%
18.39%
11.09%
9.29%
-4.21%
16.40%
9.91% -14.73%
2.51%
0.92%
15.13%
14.78%
18.42%
32.44%
1.33%
-2.63%
0.61%
3.46%
-15.45% -21.62%
-3.32%
-7.56%
-8.57%
-5.12%
13.80%
9.94%
-8.13%
-2.13%
-15.05% -23.63%
5.26%
5.06%
-4.93%
-0.80%
-9.70% -34.51%
-36.26% -121.73%
-19.29%
-5.12%
7.40%
41.65%
6.75% -26.16%
-6.59% -14.01%

L&T
-14.08%
10.51%
1.22%
5.39%
-5.30%
3.00%
4.33%
-8.13%
4.02%
-2.04%
5.02%
6.34%
6.30%
9.12%
-6.83%
-0.92%
-16.20%
0.11%
5.16%
12.91%
-1.99%
2.67%
-4.50%
18.57%
13.00%
1.10%
-1.98%
-12.14%
-8.66%
-11.22%
14.14%
-10.87%
-33.88%
5.59%
15.17%
-5.09%
-21.45%
-12.56%
6.34%
-9.62%
-5.55%
7.72%

-0.70%
0.38%
-4.39%
2.11%
28.63%
-9.29%
-0.77%
7.24%
-0.78%
-4.16%
-1.94%
-9.10%
10.77%
-0.62%
4.64%
9.04%
-0.61%
3.85%
7.20%
-5.74%
-1.27%
-0.09%
-8.83%
2.18%
5.79%
3.80%
-1.16%
4.61%
0.95%
-5.77%
-2.69%
5.69%
-7.70%
-1.38%
-0.37%
0.12%
7.19%
6.20%
-8.48%
12.34%
-1.97%
1.93%
0.08%
1.98%
3.81%

17.52%
14.69%
53.04%
-3.70%
20.56%
-8.61%
18.29%
-7.74%
20.54%
6.43%
-8.20%
0.90%
9.57%
-2.13%
-21.19%
-3.06%
11.67%
-2.71%
22.06%
-10.07%
-0.79%
15.13%
-6.18%
-5.22%
2.44%
-0.94%
-4.57%
3.54%
-5.88%
-18.54%
-12.06%
15.03%
-22.59%
-13.85%
29.56%
4.70%
-0.18%
-1.74%
-13.87%
8.95%
-3.47%
-13.71%
10.36%
-2.20%
-1.55%

15.67%
-4.26%
28.43%
2.86%
24.07%
1.93%
12.99%
2.89%
5.87%
14.99%
-7.12%
0.04%
16.88%
20.04%
-2.62%
-2.46%
0.09%
3.04%
10.88%
0.14%
-6.58%
-1.83%
-5.19%
-13.54%
6.16%
10.31%
-3.29%
4.04%
-0.84%
0.26%
-3.95%
-8.80%
-9.12%
-9.90%
7.62%
0.67%
2.02%
-2.81%
-2.52%
1.99%
-0.91%
-2.49%
0.88%
3.28%
-6.43%

1.72%
25.62%
40.82%
30.72%
-11.91%
-0.40%
5.14%
14.76%
14.24%
-7.53%
9.42%
-13.61%
7.64%
12.46%
-3.09%
-1.15%
16.08%
-4.17%
4.72%
7.05%
-14.53%
8.53%
-17.62%
-5.24%
5.39%
-8.81%
-0.92%
-13.88%
-6.40%
5.19%
3.70%
-4.90%
-22.50%
-4.03%
24.25%
5.11%
-6.07%
-10.46%
-17.53%
-13.79%
-12.64%
12.47%
16.79%
-6.37%
3.90%

18.41%
16.49%
21.26%
-11.53%
-3.59%
0.40%
8.71%
-12.84%
8.52%
2.45%
-1.52%
-11.21%
8.45%
-4.70%
0.99%
3.30%
-8.48%
-10.23%
6.30%
9.63%
-11.48%
6.31%
-14.96%
3.93%
7.59%
-7.27%
-3.29%
-6.61%
-9.02%
-6.15%
2.08%
7.37%
-12.85%
-12.45%
15.64%
-0.40%
-9.78%
-1.58%
-5.08%
3.63%
-0.06%
2.18%
8.00%
-4.70%
-2.32%

5.84% 10.20%
42.01% 25.14%
44.18%
4.99%
7.39% -2.11%
-2.50% -3.73%
-4.82%
9.87%
-0.88% -3.75%
-30.10%
5.73%
17.31% -4.74%
15.51%
2.21%
-14.28% -6.06%
-5.93% 10.68%
1.52%
1.49%
-2.81% -7.68%
-18.89%
2.93%
4.18%
8.37%
-1.07% -1.57%
-18.53% 13.48%
13.57% -10.70%
7.23% -1.67%
-13.88%
0.72%
15.19% -15.55%
-8.82% -1.67%
-4.24% 11.46%
-3.00% -4.08%
18.81%
2.52%
2.78%
6.31%
-10.31% -5.21%
10.26% -4.37%
-33.42% -3.47%
0.16%
2.75%
6.84% -12.11%
-49.53% -5.51%
-24.00% 12.31%
45.57%
3.04%
-3.75% -1.38%
-3.63%
2.35%
-9.02% -8.84%
-21.98%
9.61%
4.11%
2.29%
0.84% -0.63%
-19.65%
3.61%
18.61% -1.11%
-10.95%
8.52%
23.31% -5.58%

-5.68%
5.34%
-5.95%
3.17%
4.40%
3.12%
-6.36%
3.53%
-11.84%
8.09%
-3.28%
-6.14%
-1.23%
-0.68%
-0.90%
5.73%
-5.17%
-1.39%
-4.89%
7.43%
-1.89%
2.43%
-5.82%
0.53%
-0.16%
-1.72%
4.92%
-20.60%
-2.76%
-0.22%
-0.18%
-1.68%

10.38%
-5.67%
-17.04%
-8.77%
-3.29%
-3.71%
-6.38%
-20.75%
23.92%
-0.89%
20.94%
17.90%
5.72%
-17.52%
-3.51%
13.62%
1.68%
17.02%
10.62%
6.63%
-7.56%
-11.15%
6.52%
-3.47%
-17.00%
-2.28%
-10.76%
-10.18%
12.89%
-9.26%
0.34%
-0.01%

1.34%
-11.32%
-6.58%
-14.01%
-0.63%
-5.55%
-18.52%
27.45%
-8.11%
7.02%
13.60%
-0.82%
3.90%
-3.23%
-1.34%
4.34%
7.83%
0.65%
20.27%
-3.00%
8.62%
0.15%
5.42%
-11.98%
-2.44%
15.80%
-8.64%
-4.49%
3.18%
-6.60%
-1.25%
-1.32%

-11.76%
12.05%
-23.11%
-4.78%
5.87%
-8.83%
-3.36%
-20.87%
-10.35%
-14.73%
36.76%
9.12%
21.02%
-0.19%
3.64%
-4.19%
1.79%
27.63%
16.28%
-3.27%
-1.14%
-8.20%
8.26%
7.64%
-4.04%
15.99%
6.35%
-10.25%
-6.26%
-2.70%
-1.25%
-1.62%

4.78%
4.62%
-9.41%
-6.00%
1.12%
2.54%
5.91%
0.25%
-2.95%
-4.59%
9.80%
-7.80%
3.96%
-8.26%
-4.67%
14.30%
-0.30%
12.97%
-5.58%
-1.73%
-1.61%
-6.29%
4.80%
-1.74%
-11.52%
1.83%
-7.59%
-4.36%
3.47%
2.00%
2.00%
-0.84%

-3.87% -7.29%
29.20% -4.71%
-40.91% -1.91%
-14.81%
6.80%
7.91%
0.72%
-20.13% -5.61%
-24.07% -11.26%
-25.54% -4.53%
-14.46% -2.07%
10.24% 11.88%
41.57% -4.82%
3.12% -1.23%
5.84% -7.69%
5.46%
4.42%
-5.15%
9.27%
11.12% -5.66%
17.95%
7.53%
53.04%
2.50%
26.92% -0.41%
-24.66% -0.77%
-0.23%
1.48%
-49.31%
2.48%
5.17%
2.93%
5.89% -2.50%
5.76% 10.50%
11.16% -4.10%
55.50% -4.93%
-0.25% -5.28%
-12.28%
4.14%
6.68% -0.35%
-4.12% -1.43%
1.38% -1.91%

TCS
TCS
Asian Paints
Infosys
ITC
Tata Steel
Clariant Chemicals
Dewan Housing
Reliance Industries
Suzlon
HDFC

TCS

3.715%
0.299%
0.415%
1.175%
-1.546%
0.011%
-0.224%
0.093%
0.471%
0.066%

Asian Paints
Infosys
ITC
0.299%
0.415%
0.661%
0.088%
0.088%
1.354%
0.324%
0.079%
0.326%
0.257%
0.300%
0.243%
0.404%
0.227%
0.193%
0.164%
0.496%
0.289%
0.098%
0.017%

1.175%
0.324%
0.079%
1.693%
-0.026%
0.143%
-0.294%
0.281%
0.556%
-0.014%

Asian Paints
Infosys
ITC
TCS
1
0.4284096548 0.418678974 0.265873865
Asian Paints
0.4284096548
1 0.2912221626 0.2354344546
Infosys
0.418678974
0.2912221626
1 0.2660011239
ITC
0.265873865
0.2354344546 0.2660011239
1
Tata Steel
0.4828340844
0.3503874185
0.39588406 0.6639450777
Clariant Chemicals0.3739682131
0.2574909609 0.3955185636 0.4027768951
Dewan Housing
0.370513425
0.5104853791 0.3431505369 0.189143486
Reliance Industries0.3981581536
0.1985211703 0.3353832934 0.4714444986
Suzlon
0.3600547832
0.3124401389 0.3071816155 0.5002743536
HDFC
0.3623089525
0.3316092489 0.2532990648 0.6972639457

Tata Steel
Clariant ChemicDewan HousingReliance IndustSuzlon
-1.546%
0.011%
-0.224%
0.093%
0.326%
0.300%
0.404%
0.193%
0.257%
0.243%
0.227%
0.164%
-0.026%
0.143%
-0.294%
0.281%
3.642%
0.760%
1.384%
1.048%
0.760%
0.888%
0.506%
0.267%
1.384%
0.506%
2.601%
0.586%
1.048%
0.267%
0.586%
0.867%
2.195%
0.600%
1.853%
1.104%
-0.070%
0.072%
0.026%
0.050%

HDFC
0.471%
0.496%
0.289%
0.556%
2.195%
0.600%
1.853%
1.104%
4.861%
0.217%

0.066%
0.098%
0.017%
-0.014%
-0.070%
0.072%
0.026%
0.050%
0.217%
0.729%

Tata Steel
Clariant ChemicDewan HousingReliance IndustSuzlon
HDFC
0.4828340844 0.3739682131 0.370513425 0.3981581536 0.3600547832 0.3623089525
0.3503874185 0.2574909609 0.5104853791 0.1985211703 0.3124401389 0.3316092489
0.39588406 0.3955185636 0.3431505369 0.3353832934 0.3071816155 0.2532990648
0.6639450777 0.4027768951 0.189143486 0.4714444986 0.5002743536 0.6972639457
1 0.4636359157 0.3584789768 0.4711261564 0.5815187079 0.6913758256
0.4636359157
1 0.2918261477 0.287145845 0.3699187938 0.4131708406
0.3584789768 0.2918261477
1 0.2697888071 0.2583660545 0.2404430947
0.4711261564 0.287145845 0.2697888071
1 0.4255565884 0.510604137
0.5815187079 0.3699187938 0.2583660545 0.4255565884
1 0.6744132677
0.6913758256 0.4131708406 0.2404430947 0.510604137 0.6744132677
1

Standard Deviation
Variance
19.35%
0.54%
7.64%
0.72%
11.63%
0.49%
13.01%
1.33%
19.25%
0.75%
9.41%
0.64%
16.18%
0.71%
9.35%
0.84%
22.19%
1.04%
8.39%
1.50%

Expected Return
Standard Deviation
Variance
TCS
1.81%
19.35%
3.75%
Asian Paints
2.97%
7.64%
0.58%
Infosys
1.56%
11.63%
1.35%
ITC
1.68%
13.01%
1.69%
Tata Steel
0.01%
19.25%
3.70%
Clariant Chemicals
1.32%
9.41%
0.89%
Dewan Housing
1.62%
16.18%
2.62%
Reliance Industries
0.84%
9.35%
0.87%
Suzlon
-1.38%
22.19%
4.92%
HDFC
1.91%
8.39%
0.70%
13.64%
Covariance

0.08%

Portfolio A
Portfolio B
10.00%
-8.08%
10.00%
71.91%
10.00%
11.21%
10.00%
13.27%
10.00%
-2.84%
10.00%
-8.52%
10.00%
18.74%
10.00%
1.27%
10.00%
-25.28%
10.00%
28.31%

Sum
Portfolio Return
Portfolio Std. Dev

100.00%
1.23%
7.21%

Weight of Portfolio A
100.00%
90.00%
80.00%
70.00%
60.00%
50.00%
40.00%
30.00%
20.00%
10.00%
0.00%

100.00%
3.48%
7.64%

Expecte
4.00%
3.00%
Return

2.00%
1.00%
0.00%
1.00%

1.50%

2.00%

Weight of Portfolio B
Standard Deviation
Expected Return
0.00%
1.23%
1.23%
10.00%
1.16%
1.46%
20.00%
1.21%
1.68%
30.00%
1.35%
1.91%
40.00%
1.58%
2.13%
50.00%
1.85%
2.36%
60.00%
2.14%
2.58%
70.00%
2.46%
2.81%
80.00%
2.79%
3.03%
90.00%
3.13%
3.25%
100.00%
3.48%
3.48%

Expected Return

00%

00%

00%

00%

00%
1.00%

1.50%

2.00%

2.50%

Std. Deviation

3.00%

3.50%

4.00%

Expected Return
Standard Deviation
Variance
TCS
1.81%
19.35%
3.75%
Asian Paints
2.97%
7.64%
0.58%
Infosys
1.56%
11.63%
1.35%
ITC
1.68%
13.01%
1.69%
Tata Steel
0.01%
19.25%
3.70%
Clariant Chemicals
1.32%
9.41%
0.89%
Dewan Housing
1.62%
16.18%
2.62%
Reliance Industries
0.84%
9.35%
0.87%
Suzlon
-1.38%
22.19%
4.92%
HDFC
1.91%
8.39%
0.70%
Covariance

0.30%

Portfolio A
Portfolio B
10.00%
0.00%
10.00%
92.53%
10.00%
0.00%
10.00%
0.00%
10.00%
0.00%
10.00%
0.00%
10.00%
0.00%
10.00%
0.00%
10.00%
0.00%
10.00%
7.47%

Sum
Portfolio Return
Portfolio Std. Dev

100.00%
1.23%
7.21%

100.00%
2.89%
7.64%

Weight of Portfolio A
100.00%
90.00%
80.00%
70.00%
60.00%
50.00%
40.00%
30.00%
20.00%
10.00%
0.00%

Expected
3.50%
3.00%
2.50%
2.00%
Expected Portfolio Return

1.50%
1.00%
0.50%
0.00%
1.00%

Weight of Portfolio B
Standard Deviation
Expected Return
0.00%
1.23%
1.23%
10.00%
1.15%
1.40%
20.00%
1.14%
1.57%
30.00%
1.22%
1.73%
40.00%
1.37%
1.90%
50.00%
1.57%
2.06%
60.00%
1.80%
2.23%
70.00%
2.05%
2.39%
80.00%
2.32%
2.56%
90.00%
2.60%
2.72%
100.00%
2.89%
2.89%

Expected Return

rtfolio Return

3.50%
3.00%
2.50%
2.00%
1.50%
1.00%

1.91%
8.39%
0.70%

0.50%
0.00%
1.00%

1.50%

2.00%

2.50%

Standard Deviation

3.00%