den CP1 CP2 CP3 CP4 CP5 M (TP) CP1 CP2 CP3 CP4 CP5 M (TP) 1 570 98.4 669.1 53.9 103.5 333.4 2 569 98.2 715 53.8 103 338.9 -0.001755927 -0.002034589 0.066349017 -0.001857011 -0.004842624 0.016362108 3 563.8 96.6 725 53.2 101.9 346.8 -0.009180855 -0.016427474 0.013889112 -0.011215071 -0.010737048 0.023043166 4 575.3 96.5 716 53.9 100 347.8 0.020192065 -0.001035733 -0.012491488 0.013072082 -0.018821754 0.002879357 5 595.1 97 725 55.6 101.6 350.9 0.033837815 0.00516797 0.012491488 0.031052723 0.015873349 0.008873681 "odhad alfa, beta pomoci matix" 6 602.8 98.4 727.5 57 101.2 348.1 0.012856008 0.014329826 0.003442344 0.024868067 -0.003944778 -0.008011488 vps 7 601.8 99 716.6 54.7 102 349.4 -0.001660303 0.006079046 -0.015096194 -0.041187558 0.007874056 0.003727603 19 0.184867802 0.216807733 8 601.3 105.4 721.5 55.6 101.6 354.2 -0.000831186 0.062642786 0.006814573 0.016319492 -0.003929278 0.013644328 0.184867802 0.007401015 0.00073006 9 614.8 116.9 718.6 55.9 101.7 361.1 0.022203034 0.103556232 -0.004027504 0.005381179 0.000983768 0.019293203 10 628.1 119.6 717.8 56.5 100.5 372.7 0.021402378 0.022833973 -0.001113896 0.010676258 -0.011869576 0.031618878 invM 11 629 113.2 729.5 56.4 103.4 371.6 0.001431867 -0.054996676 0.016168389 -0.00177148 0.028447235 -0.0029558 0.069530193 -1.736774451 alfa 0.013806734 12 618.6 109.5 702.6 54.9 102.3 395.9 -0.016672396 -0.033231617 -0.037571628 -0.02695581 -0.010695289 0.063343647 -1.736774451 178.4989822 beta -0.246231127 13 638 105 750.8 55 102.8 397.6 0.030879423 -0.041964199 0.066351565 0.001819837 0.00487568 0.004284821 14 656 104.9 789.7 56.6 99.8 406.1 0.027822506 -0.000952835 0.050513822 0.0286758 -0.02961717 0.02115296 15 662 105.3 799.1 56.9 101.4 400.7 0.009104767 0.003805904 0.011832968 0.005286356 0.015904908 -0.013386417 16 669.4 105.7 805 56 100.9 396.6 0.011116233 0.003791474 0.007356183 -0.01594365 -0.004943164 -0.010284802 17 700.7 108.5 870 56.7 95.3 398.2 0.045698047 0.02614528 0.077650934 0.01242252 -0.057100117 0.004026176 OLS 18 709 110.3 937.6 57 65.7 400.9 0.011775691 0.016453753 0.074830207 0.005277057 -0.371930885 0.006757628 beta alfa 19 713 112.6 948.8 56.8 99.4 399.1 0.005625894 0.020637789 0.011874609 -0.003514942 0.414053188 -0.004500008 -0.246231127 0.013806734 20 708 113.9 951.5 56.5 99.2 401.1 -0.007037327 0.011479155 0.002841658 -0.005295688 -0.002014099 0.004998761 0.21660733 0.004275058 E (r ) 0.011410933 0.007698951 0.018531903 0.002479482 -0.002233347 0.009729884 0.070643624 0.016212697 "covar_i,m" -7.66363E-05 -2.00636E-05 -0.000143282 -5.79076E-05 -0.000351217 0.000311237 1.292229373 17 rf 0.03 p.a. beta_i -0.246231127 -0.064463954 -0.460363256 -0.186055958 -1.128453695 1 0.000339665 0.004468476 počet obch dnu 252 rf 0.000119048 p.d. CovM E (ri) 0.000438335 0.000267119 0.000122378 0.000257158 0.000190277 -0.000253024 0.011410933 0.000122378 0.001223278 -0.000106427 0.00016828 -1.35394E-05 0.007698951 0.000257158 -0.000106427 0.001071405 0.000203278 -0.001495229 0.018531903 0.000190277 0.00016828 0.000203278 0.000329542 -0.000260157 0.002479482 wi 1.281004945 0.17455901 0.349049953 -0.837140901 0.032526993 -0.000253024 -1.35394E-05 -0.001495229 -0.000260157 0.017556896 -0.002233347 0.000438335 2.73652E-05 0.000114984 -0.00020405 -1.05428E-05 2.73652E-05 3.72743E-05 -6.48458E-06 -2.45908E-05 -7.68752E-08 Tangencialni portfolio InvM vps 0.000114984 -6.48458E-06 0.000130536 -5.93986E-05 -1.69761E-05 7518.836014 -396.1822772 -1270.206012 -3395.350697 -50.43558186 0.011291886 -0.00020405 -2.45908E-05 -5.93986E-05 0.000230944 7.084E-06 -396.1822772 939.4911725 285.9286541 -416.9589258 13.18743242 0.007579903 -1.05428E-05 -7.68752E-08 -1.69761E-05 7.084E-06 1.85753E-05 -1270.206012 285.9286541 1452.557932 -227.8867038 102.2446465 0.018412856 -3395.350697 -416.9589258 -227.8867038 5356.944275 10.71686928 0.002360434 -50.43558186 13.18743242 102.2446465 10.71686928 65.10742655 -0.002352395 E (Rp) VarP SigmaP ratio Sharpe ratio Zi wi 0.020281623 0.000510292 0.02258965 0.897828146 0.892558139 1 50.61483508 1.281004945 2 6.897143934 0.17455901 beta_p -0.368315981 3 13.79159846 0.349049953 4 -33.07695946 -0.837140901 VarPSys 4.22214E-05 5 1.285200636 0.032526993 VarPUnsys 0.000468071 sum_Zi 39.51181865 1 wi 0.518336137 0.091635004 0.073795974 0.285903523 0.030329362 7.17675E-05 5.8127E-06 9.83657E-06 2.81979E-05 -3.97774E-06 Minimum variance portfolio vps 5.8127E-06 1.02718E-05 -7.1969E-07 4.40873E-06 -3.76292E-08 0.000534238 0.000244757 0.000514316 0.000380554 -0.000506048 1 0 9.83657E-06 -7.1969E-07 5.8347E-06 4.28886E-06 -3.3466E-06 0.000244757 0.002446556 -0.000212854 0.00033656 -2.70788E-05 1 0 2.81979E-05 4.40873E-06 4.28886E-06 2.6937E-05 -2.25589E-06 0.000514316 -0.000212854 0.002142809 0.000406556 -0.002990457 1 0 -3.97774E-06 -3.76292E-08 -3.3466E-06 -2.25589E-06 1.61501E-05 0.000380554 0.00033656 0.000406556 0.000659083 -0.000520315 1 0 -0.000506048 -2.70788E-05 -0.002990457 -0.000520315 0.035113793 1 0 1 1 1 1 1 0 1 E (Rp) VarP SigmaP ratio Sharpe ratio wi 0.008628929 0.000215376 0.01467568 0.587974718 0.57986282 InvM 3135.688208 -308.3583546 -723.9039686 -2041.711841 -61.71404383 0.518336137 1 0.518336137 -308.3583546 450.2517943 127.2654861 -269.300585 0.141659233 0.091635004 2 0.091635004 -723.9039686 127.2654861 713.6362945 -162.9241314 45.92631946 0.073795974 3 0.073795974 -2041.711841 -269.300585 -162.9241314 2488.708704 -14.77214575 0.285903523 4 0.285903523 -61.71404383 0.141659233 45.92631946 -14.77214575 30.41821088 0.030329362 5 0.030329362 0.518336137 0.091635004 0.073795974 0.285903523 0.030329362 -0.000430751 lambda1 -0.000430751 1 ##### Sheet/List 2 ##### Cpi ri ri-rf beta_i var_epsi (ri-rf)/beta_i (ri-rf)*betao_i/var_eps_i cum_sum beta_i^2/var_eps_i cum_sum Ci long/short 1 15 10 1 50 10 0.2 0.2 0.02 0.02 1.666666667 long 2 17 12 1.5 40 8 0.45 0.65 0.05625 0.07625 3.687943262 long 3 12 7 1 20 7 0.35 1 0.05 0.12625 4.419889503 long 4 17 12 2 10 6 2.4 3.4 0.4 0.52625 5.429141717 long 5 11 6 1 40 6 0.15 3.55 0.025 0.55125 5.451055662 long C* 6 11 6 1.5 30 4 0.3 3.85 0.075 0.62625 5.301204819 short 7 11 6 2 40 3 0.3 4.15 0.1 0.72625 5.02269289 short 8 7 2 0.8 16 2.5 0.1 4.25 0.04 0.76625 4.906204906 short 9 7 2 1 20 2 0.1 4.35 0.05 0.81625 4.747612551 short 10 5.6 0.6 0.6 6 1 0.06 4.41 0.06 0.87625 4.517285531 short C** var_M 10 Only long Zi wi E (Rp) beta_p VarPSys VarPUnsys VarP SigmaP ratio SR 1 0.090978887 0.234769688 15.31872214 1.406636949 19.78627506 6.84103665 26.62731171 5.160165861 2.968649178 1.999688075 2 0.095585413 0.246656761 3 0.077447217 0.199851412 4 0.109788868 0.283308569 5 0.013723608 0.035413571 sum 0.387523992 1 Long/short Zi wi E (Rp) beta_p VarPSys VarPUnsys VarP SigmaP ratio SR 1 0.109654289 6.154509522 343.9349623 25.3539346 6428.219999 12595.00713 19023.22713 137.9247154 2.493642718 2.457391057 2 0.130601793 7.330219188 3 0.124135723 6.967301473 4 0.296542894 16.64390945 5 0.037067862 2.080488681 6 -0.025864277 -1.451670859 7 -0.075864277 -4.257994969 8 -0.100864277 -5.661157025 9 -0.125864277 -7.06431908 10 -0.351728553 -19.74128638 sum 0.017816901 1 ##### Sheet/List 3 ##### Cpi ri beta_i var_epsi (ri-rf)/beta_i (ri-rf)*beta_i/var_epsi cum_sum beta_i^2/var_epsi cum_sum Ci long/short 1 19 1 20 16 0.8 0.8 0.05 0.05 5.333333333 long 3 11 0.5 10 16 0.4 1.2 0.025 0.075 6.857142857 long 2 23 1.5 30 13.33333333 1 2.2 0.075 0.15 8.8 long 6 9 0.5 50 12 0.06 2.26 0.005 0.155 8.862745098 long 4 25 2 40 11 1.1 3.36 0.1 0.255 9.464788732 long 5 13 1 20 10 0.5 3.86 0.05 0.305 9.530864198 long C* 7 14 1.5 30 7.333333333 0.55 4.41 0.075 0.38 9.1875 short 8 10 1 50 7 0.14 4.55 0.02 0.4 9.1 short 9 9.5 1 50 6.5 0.13 4.68 0.02 0.42 9 short 11 11 1.5 30 5.333333333 0.4 5.08 0.075 0.495 8.537815126 short 10 13 2 20 5 1 6.08 0.2 0.695 7.647798742 short 12 8 1 20 5 0.25 6.33 0.05 0.745 7.49112426 short 14 7 1 20 4 0.2 6.53 0.05 0.795 7.296089385 short 13 10 2 40 3.5 0.35 6.88 0.1 0.895 6.914572864 short C** rf 3 Long only Zi wi E (Rp) beta_p VarPSys VarPUnsys VarP SigmaP ratio SR varM 10 1 0.32345679 0.337411462 17.14938828 0.994204765 9.884431147 4.875394362 14.75982551 3.841851833 4.463833855 3.68296043 2 0.32345679 0.337411462 3 0.190123457 0.198325821 4 0.024691358 0.0257566 5 0.07345679 0.076625885 6 0.02345679 0.02446877 sum 0.958641975 1 Long/short portfolio Zi wi E (Rp) beta_p VarPSys VarPUnsys VarP SigmaP ratio SR 1 0.454271357 0.468066378 22.62616822 0.712455019 5.075921534 15.1462416 20.22216313 4.496905951 5.031496872 4.364371512 2 0.454271357 0.468066378 3 0.320938023 0.330684064 4 0.050854271 0.052398581 5 0.204271357 0.210474539 6 0.154271357 0.158956171 7 0.020938023 0.021573856 8 0.001708543 0.001760427 9 -0.008291457 -0.008543247 10 -0.079061977 -0.08146288 11 -0.191457286 -0.197271339 12 -0.095728643 -0.098635669 13 -0.145728643 -0.150154037 14 -0.170728643 -0.175913221 sum 0.970527638 ##### Sheet/List 4 ##### CP 0.4 1.85 0.25 3% -0.5 0.75 0.4 2% 0.67 -0.25 0.35 0.50% "= 1,20" "= 0,80" beta_F1 1.2 beta_F2 0.8 sigma_F1 0.24 sigma_F2 0.14 beta_I var_i sigma_i 1 1.96 1 0.077197 0.277843481 2 0 2 0.025825 0.160701587 3 0.604 3 0.02710664 0.164640943 bp1 bp2 0.1345 0.675 VarP 0.010095561 SigmaP 0.100476668 ##### Sheet/List 5 ##### ", " ", " ", " ", " "= 1,20, " "= 0,56, " "= 1,58 " X Y F1 F2 F3 wi 0.65 0.35 E (ri) 0.04 0.065 0.09 alfa 0.06 0.09 b_x 0.08 0.4 1.48 e 0.025 0.0185 b_y 0.75 0.65 0.59 sigma_e 0.14 0.25 Sigma_Fi 0.1 0.095 0.12 beta_Fi 1.2 0.56 1.58 Rm 0.11 rf 0.03 ri z regrese beta_i x 0.2474 x 2.6584 y 0.23385 y 2.1962 Rp 0.2426575 CAPM rie x 0.242672 y 0.205696 Var_i Sigma_i x 0.05264976 0.20396425 y 0.076950703 0.250354152 bp1 bp2 bp3 0.3145 0.4875 1.1685 VarP 0.038732849 SigmaP 0.196806627 E (Rp) 0.2297304 E (Rp) 0.2426575 ##### Sheet/List 6 ##### F1 F2 wi Var_M 624 b_A 0.75 1.5 0.48 "cov_F1,M" 256 b_B 0.85 1.7 0.52 "cov_F2,M" 850 beta_Fi 0.41025641 1.362179487 rf 6 rm 12 beta_i A 2.350961538 B 2.664423077 CAPM rie A 20.10576923 B 21.98653846 E (Rp) 21.08376923 bp1 bp2 0.802 1.604 ##### Sheet/List 7 ##### CP A 0.5 0.8 16.2 B 1.5 1.4 21.6 0 0 10 budget 1000 wi Rp bp1 bp2 A 1.5 13.5 0 0.5 B -0.5 ##### Sheet/List 8 ##### CETV ČEZ ERSTE KB NWR ORCO PEGAS PM TELEFONICA UNI VIG PX BRENT(USD) XR(CZC/USD) CETV ČEZ ERSTE KB NWR ORCO PEGAS PM TELEFONICA UNI VIG PX BRENT(USD) XR(CZC/USD) 96.40 605.70 627.00 4 135.00 76.00 60.20 525.00 11 500.00 321.90 172.00 1 019.00 1 034.45 108.64 19.5985 98.00 619.00 640.00 4 157.00 75.50 59.90 530.00 11 470.00 321.00 173.10 1 015.00 1 038.89 108.91 19.5490 0.016461277 0.021720459 0.020521636 0.005306332 -0.006600684 -0.004995847 0.009478744 -0.002612104 -0.002799815 0.006374985 -0.003933142 0.004282951 0.002482189 -0.002528898 97.50 621.00 648.80 4 130.00 75.50 60.80 531.50 11 500.00 328.90 171.50 996.70 1 028.21 110.42 19.3960 -0.005115101 0.003225809 0.013656326 -0.006516253 0 0.014913284 0.002826191 0.002612104 0.02431263 -0.009286196 -0.01819407 -0.010333409 0.013769424 -0.007857275 97.00 618.20 638.00 4 125.00 76.30 60.00 529.00 11 500.00 324.50 170.00 998.70 1 029.17 110.27 19.6815 -0.0051414 -0.004519052 -0.016786219 -0.001211387 0.010540282 -0.013245227 -0.004714766 0 -0.013468217 -0.00878483 0.002004611 0.000933226 -0.001359373 0.014612249 99.90 612.00 647.00 4 080.00 75.50 61.60 525.00 11 650.00 325.50 170.00 970.00 1 017.01 110.42 19.5845 0.029458707 -0.010079747 0.014008011 -0.010969031 -0.010540282 0.026317308 -0.007590169 0.012959145 0.003076926 0 -0.029158362 -0.011885702 0.001359373 -0.004940671 100.50 608.00 657.10 3 960.00 76.00 61.45 530.00 11 599.00 316.80 170.00 971.00 1 005.88 109.9 19.7185 0.005988042 -0.006557401 0.015489919 -0.029852963 0.006600684 -0.002438035 0.009478744 -0.004387293 -0.027091802 0 0.001030397 -0.01100417 -0.004720415 0.006818844 99.00 603.00 637.40 3 908.00 76.50 60.05 532.00 11 515.00 316.00 171.45 988.60 1 013.10 110.14 19.7125 -0.015037877 -0.008257685 -0.030438812 -0.013218291 0.006557401 -0.023046287 0.003766483 -0.007268354 -0.002528446 0.008493242 0.017963333 0.007152157 0.002181422 -0.000304329 102.00 596.60 635.00 3 969.00 77.80 61.00 530.00 11 600.00 324.50 170.00 991.50 1 014.57 112.2 19.6540 0.029852963 -0.010670325 -0.003772403 0.01548844 0.01685069 0.015696316 -0.003766483 0.007354565 0.026543323 -0.008493242 0.002929147 0.00144994 0.018530709 -0.002972072 102.40 592.00 635.00 3 999.00 78.50 62.90 530.00 11 785.00 325.00 168.50 984.50 995.93 112.24 19.5100 0.003913899 -0.007740237 0 0.007530156 0.008957194 0.0306723 0 0.015822438 0.001539646 -0.008862687 -0.00708505 -0.018543182 0.000356443 -0.007353725 beta3 beta2 beta1 alfa 95.00 597.00 598.50 3 929.00 78.00 65.00 526.00 11 565.00 320.00 168.50 974.50 992.74 112.96 19.5800 -0.075009821 0.008410479 -0.059198474 -0.017659389 -0.006389798 0.032841106 -0.007575794 -0.018844241 -0.015504187 0 -0.010209379 -0.003208177 0.006394338 0.003581482 -0.977691618 -0.437793874 -0.032670135 -0.002326203 104.05 607.00 590.00 3 916.00 79.50 65.60 517.00 11 650.00 316.00 167.00 995.60 1 013.75 114.55 19.5125 0.090994661 0.016611678 -0.014303988 -0.003314216 0.019048195 0.009188426 -0.017258338 0.007322884 -0.012578782 -0.008941937 0.021421052 0.020942808 0.013977635 -0.003453351 0.42515509 0.288471312 0.282295454 0.002540523 109.10 613.50 611.00 4 050.00 81.10 66.70 520.00 11 650.00 316.00 168.00 977.90 1 000.07 113.74 19.3590 0.04739334 0.010651473 0.034974422 0.033646156 0.019925939 0.016629257 0.005785937 0 0 0.005970167 -0.017938155 -0.013586329 -0.007096267 -0.007897858 0.098566216 0.020917177 #N/A #N/A 113.20 605.00 592.00 4 026.00 81.30 65.50 524.00 11 630.00 314.00 168.00 964.70 993.06 114.19 19.3155 0.036891273 -0.013951806 -0.031590324 -0.005943554 0.002463055 -0.01815481 0.007662873 -0.001718213 -0.006349228 0 -0.013590243 -0.007034191 0.003948586 -0.002249545 2.369116155 65 #N/A #N/A 111.45 599.00 586.50 4 050.00 87.15 66.45 517.00 11 579.00 309.80 168.00 964.00 1 003.72 116.23 19.1000 -0.015580106 -0.00996686 -0.009333967 0.005943554 0.069484755 0.014399643 -0.01344881 -0.004394854 -0.013466058 0 -0.000725878 0.010677292 0.017707259 -0.011219547 0.003109666 0.02843934 #N/A #N/A 113.10 605.40 602.00 4 085.00 88.60 68.45 520.00 11 555.00 307.60 169.00 963.50 1 000.90 117.04 18.9420 0.014696323 0.010627798 0.026084777 0.008604847 0.016501086 0.029653767 0.005785937 -0.002074869 -0.00712669 0.005934736 -0.000518807 -0.002813503 0.00694477 -0.008306656 112.50 616.20 585.00 4 084.00 86.00 68.00 515.00 11 600.00 308.40 169.95 975.90 1 003.69 117.4 19.0240 -0.005319161 0.01768219 -0.028645598 -0.000244828 -0.029784561 -0.006595847 -0.009661911 0.003886854 0.002597404 0.005605561 0.012787634 0.002783613 0.003071151 0.004319661 113.20 618.90 590.80 4 020.00 85.30 68.80 524.00 11 700.00 308.00 170.00 955.00 999.06 118.48 18.9560 0.006202944 0.004372123 0.009865703 -0.015794998 -0.008172842 0.01169604 0.017324784 0.008583744 -0.001297859 0.000294161 -0.021648782 -0.004623651 0.009157263 -0.003580836 Pmoci matic 113.10 625.00 592.20 3 940.00 87.40 69.80 530.00 11 595.00 308.50 172.00 968.50 1 009.84 118.43 18.8520 -0.000883783 0.009807941 0.002366865 -0.020101179 0.024320828 0.014430265 0.011385322 -0.009014871 0.00162206 0.01169604 0.014037142 0.010732345 -0.000422101 -0.005501495 vps 110.00 633.90 608.50 3 908.00 87.00 69.80 530.10 11 340.00 313.00 170.20 944.90 1 002.37 117.89 18.8245 -0.027792017 0.014139564 0.027152497 -0.008154989 -0.004587164 0 0.000188661 -0.022237672 0.014481347 -0.010520261 -0.024669381 -0.007424706 -0.004570082 -0.001459796 69 -0.071945653 0.019777359 0.012927281 -0.179454856 106.70 638.00 605.50 3 850.00 85.00 70.20 528.00 11 200.00 313.50 171.00 940.00 998.96 118.29 18.8370 -0.030459207 0.00644707 -0.004942349 -0.014952586 -0.023256862 0.005714301 -0.003969384 -0.01242252 0.00159617 0.00468934 -0.005199227 -0.003407737 0.00338725 0.000663808 -0.071945653 0.00586809 0.001279415 -4.23613E-05 -0.000543055 106.50 635.00 585.00 3 851.00 83.80 70.15 530.00 11 554.00 328.70 169.00 940.40 994.13 118.9 18.8785 -0.001876173 -0.004713284 -0.034442716 0.000259707 -0.014218249 -0.000712504 0.003780723 0.031117919 0.047346121 -0.011764842 0.000425441 -0.004846755 0.005143567 0.002200688 0.019777359 0.001279415 0.005621785 -0.000406851 -0.002151213 103.30 628.00 587.40 3 788.00 80.60 71.50 533.00 11 450.00 328.80 168.50 963.00 986.17 117.17 18.8435 -0.030507609 -0.011084832 0.004094172 -0.01649468 -0.038934358 0.019061643 0.005644418 -0.009041967 0.000304183 -0.002962965 0.023748095 -0.008039229 -0.014656932 -0.001855682 0.012927281 -4.23613E-05 -0.000406851 0.002453767 -0.002249598 101.00 626.70 578.00 3 800.00 81.00 69.00 528.60 11 565.00 328.20 170.85 972.10 998.74 117.03 18.8635 -0.022516859 -0.002072209 -0.01613215 0.003162891 0.004950505 -0.035590945 -0.008289422 0.009993566 -0.001826485 0.013850229 0.009405268 0.012665731 -0.001195559 0.001060811 105.20 615.00 597.80 3 780.00 83.45 70.10 529.00 11 500.00 329.00 169.00 999.20 1 007.53 116.06 18.9900 0.040742783 -0.018845689 0.033682381 -0.005277057 0.029798495 0.015816289 0.00075643 -0.00563626 0.002434572 -0.010887264 0.027496279 0.008762586 -0.008323013 0.006683687 InvM 108.00 612.00 610.00 3 780.00 83.00 70.40 529.00 11 570.00 326.00 169.85 1 003.00 1 016.81 115.55 18.8310 0.026267927 -0.004889985 0.020202707 0 -0.005407042 0.004270469 0 0.006068506 -0.009160369 0.00501698 0.003795829 0.009168485 -0.004403962 -0.008408077 0.014751633 0.203035459 -0.104730595 -0.091576495 alfa -0.002326203 110.70 613.80 632.30 3 790.00 83.00 70.75 522.50 11 490.00 325.90 169.00 1 002.00 1 021.44 115.55 18.9010 0.024692613 0.00293686 0.035905008 0.002642009 0 0.004959273 -0.012363448 -0.006938449 -0.000306796 -0.00501698 -0.000997506 0.004543121 0 0.003710383 0.203035459 182.1384378 -42.52577596 -4.976314367 beta1 -0.032670135 110.05 612.10 643.00 3 818.00 88.50 69.90 526.00 11 420.00 326.80 170.40 995.00 1 017.86 115.42 18.8800 -0.005889032 -0.002773474 0.016780759 0.007360706 0.064161944 -0.012086887 0.006676229 -0.006110888 0.002757777 0.008249899 -0.007010544 -0.003511012 -0.001125687 -0.00111167 -0.104730595 -42.52577596 190.195001 31.35318585 beta2 -0.437793874 114.50 615.00 631.10 3 808.00 87.40 70.00 526.00 11 250.00 325.50 169.95 995.00 1 019.97 115.22 19.0205 0.039640015 0.0047266 -0.018680396 -0.002622608 -0.012507269 0.001429593 0 -0.014998076 -0.003985901 -0.002644338 0 0.002070831 -0.001734305 0.007414184 -0.091576495 -4.976314367 31.35318585 413.1317796 beta3 -0.977691618 115.20 615.00 632.50 3 838.00 88.00 72.50 512.00 11 220.00 326.50 170.50 1 003.00 1 012.57 113.92 19.1020 0.006094925 0 0.002215892 0.007847281 0.006841532 0.03509132 -0.026976588 -0.002670229 0.003067487 0.003231021 0.008008051 -0.007281562 -0.011346897 0.004275697 109.50 613.00 627.60 3 745.00 90.50 73.70 503.70 11 175.00 322.50 170.00 1 000.00 1 024.29 113.88 18.9830 -0.050745199 -0.003257332 -0.0077772 -0.024529781 0.028013036 0.016416237 -0.016343772 -0.00401876 -0.012326812 -0.00293686 -0.002995509 0.011508036 -0.000351185 -0.0062492 110.05 617.00 633.30 3 899.00 90.00 70.00 501.00 11 050.00 327.00 171.95 1 018.00 1 021.86 114.59 19.1180 0.005010259 0.006504088 0.009041223 0.040298493 -0.00554018 -0.051507557 -0.005374752 -0.011248713 0.013857035 0.0114053 0.017839918 -0.002375194 0.006215278 0.007086458 109.00 622.00 614.30 3 887.00 87.90 72.00 505.00 10 860.00 327.00 171.80 995.90 1 026.82 113.68 19.2230 -0.009586926 0.008071069 -0.030460835 -0.003082458 -0.023609866 0.028170877 0.007952328 -0.017344113 0 -0.000872727 -0.021948346 0.004842152 -0.007973057 0.005477179 108.00 643.00 615.60 3 937.00 88.30 71.50 505.00 10 900.00 329.00 172.00 985.00 1 025.26 112.72 19.2515 -0.009216655 0.033204631 0.002113994 0.01278136 0.004540303 -0.006968669 0 0.003676475 0.00609758 0.001163467 -0.01100521 -0.001520409 -0.008480616 0.001481501 109.00 647.10 624.50 3 926.00 89.80 68.10 505.10 10 800.00 329.30 170.00 994.90 1 042.52 111.71 19.2350 0.009216655 0.006356118 0.014353928 -0.002797916 0.016844868 -0.048720237 0.000198 -0.009216655 0.000911439 -0.01169604 0.010000588 0.01669462 -0.00900064 -0.000857444 111.90 652.90 645.50 3 980.00 92.65 68.05 507.30 10 725.00 330.00 170.00 988.90 1 042.26 111.01 19.0975 0.026257733 0.008923136 0.033073881 0.013660723 0.031243977 -0.000734484 0.004346115 -0.006968669 0.002123465 0 -0.006049015 -0.000249427 -0.00628594 -0.0071741 110.80 651.70 648.90 3 970.00 90.55 68.00 504.00 10 753.00 329.50 170.30 984.90 1 039.31 110.97 19.2240 -0.009878841 -0.001839645 0.005253411 -0.002515725 -0.022926768 -0.000735024 -0.006526277 0.002607321 -0.001516301 0.001763151 -0.004053101 -0.002834401 -0.000360393 0.006602062 116.30 648.50 651.90 3 935.00 89.00 65.25 504.50 10 715.00 327.80 172.65 986.90 1 042.34 111.72 19.2410 0.048446285 -0.00492233 0.004612554 -0.008855213 -0.017265815 -0.041281659 0.000991572 -0.003540156 -0.005172688 0.013704836 0.002028604 0.002911154 0.006735847 0.000883921 109.00 644.00 664.80 3 959.00 94.60 65.20 505.00 10 800.00 326.50 174.40 990.00 1 047.43 111.32 19.1100 -0.064825177 -0.006963278 0.019595068 0.006080586 0.061021106 -0.000766577 0.000990589 0.007901505 -0.003973718 0.010085088 0.003136226 0.004871359 -0.003586804 -0.006831661 112.25 644.90 671.00 3 961.00 100.00 67.50 502.00 10 840.00 325.00 173.80 1 004.00 1 053.70 110.3 19.2150 0.029380644 0.00139654 0.009282893 0.000505051 0.05551271 0.034668129 -0.00595831 0.003696862 -0.004604766 -0.003446299 0.014042357 0.005968235 -0.00920501 0.005479466 108.30 655.10 667.00 3 999.00 100.50 68.60 498.00 10 800.00 323.50 171.00 985.00 1 048.08 112.97 19.3080 -0.035823373 0.01569263 -0.005979091 0.009547811 0.004987542 0.016164937 -0.008000043 -0.003696862 -0.004626068 -0.016241656 -0.019105659 -0.005347861 0.02391837 0.004828294 110.00 661.50 664.70 3 983.00 100.00 63.15 489.00 10 550.00 321.00 169.50 1 007.00 1 066.14 113.07 19.6095 0.015575212 0.009722088 -0.003454235 -0.004009026 -0.004987542 -0.082779686 -0.018237588 -0.023420274 -0.007757991 -0.00881063 0.022089252 0.01708473 0.000884799 0.015494625 118.70 673.50 674.10 4 030.00 98.90 61.40 493.00 11 030.00 328.10 171.10 1 030.00 1 061.20 113.03 19.5175 0.076118936 0.017978012 0.014042657 0.011731072 -0.011060947 -0.028103014 0.008146685 0.044492973 0.021877317 0.009395254 0.022583189 -0.004644306 -0.000353826 -0.004702644 118.85 663.50 658.10 4 010.00 100.90 61.50 493.80 10 800.00 328.30 176.40 1 039.00 1 054.60 112.49 19.4825 0.001262892 -0.014959142 -0.024021572 -0.004975135 0.020020689 0.00162734 0.001621403 -0.021072699 0.000609385 0.030505963 0.00869991 -0.006238795 -0.004788941 -0.001794872 119.35 658.50 640.70 3 990.00 101.55 62.00 490.00 10 724.00 328.00 175.00 1 033.00 1 062.47 112.58 19.4085 0.004198159 -0.007564333 -0.026795567 -0.00500001 0.006421361 0.00809721 -0.007725186 -0.007061914 -0.000914216 -0.00796817 -0.005791522 0.007434838 0.000799751 -0.003805512 120.90 680.00 632.20 4 050.00 101.00 63.50 492.00 10 801.00 332.00 177.00 1 029.00 1 063.04 113.03 19.3600 0.012903405 0.032128277 -0.013355529 0.01492565 -0.005430771 0.023905521 0.004073325 0.007154502 0.012121361 0.011363759 -0.003879733 0.000536342 0.00398919 -0.002502033 121.45 675.00 634.00 4 104.00 101.00 62.45 490.00 10 738.00 333.50 175.00 1 035.00 1 066.01 112.98 19.1155 0.004538898 -0.007380107 0.002843155 0.013245227 0 -0.016673669 -0.004073325 -0.00584987 0.004507896 -0.011363759 0.00581397 0.002789979 -0.000442458 -0.012709558 119.85 680.20 632.00 4 130.00 97.60 63.70 491.00 10 727.00 333.00 174.80 1 000.00 1 038.70 110.05 19.0010 -0.013261695 0.007674182 -0.00315956 0.006315299 -0.034243023 0.019818326 0.002038737 -0.001024924 -0.001500375 -0.001143511 -0.034401427 -0.025952775 -0.026276004 -0.006007915 109.95 680.00 607.00 4 010.00 98.70 61.30 493.00 10 700.00 323.60 175.00 998.00 1 035.95 110.04 18.9565 -0.086215244 -0.000294074 -0.040360603 -0.029486166 0.011207453 -0.03840472 0.004065046 -0.002520186 -0.028634305 0.001143511 -0.002002003 -0.002651051 -9.08719E-05 -0.002344729 110.00 670.10 609.00 4 031.00 96.00 62.00 492.00 10 700.00 320.00 175.00 1 016.00 1 036.38 109.13 19.0670 0.000454649 -0.014665843 0.003289477 0.005223243 -0.027736755 0.011354542 -0.002030458 0 -0.011187189 0 0.017875352 0.000414992 -0.008304104 0.005812211 110.90 675.50 590.60 4 105.00 95.85 59.00 492.00 10 550.00 319.60 175.00 994.00 1 033.79 110.57 19.0190 0.008148529 0.008026202 -0.030679298 0.018191259 -0.001563722 -0.049596941 0 -0.014117882 -0.001250782 0 -0.021891421 -0.002502211 0.013108972 -0.002520613 109.80 668.00 604.00 4 027.00 95.50 63.60 487.00 10 635.00 317.50 172.90 988.10 1 041.29 109.95 19.0310 -0.009968365 -0.011164984 0.022435229 -0.019184061 -0.003658222 0.075076026 -0.010214593 0.008024589 -0.006592396 -0.012072581 -0.005953299 0.007228668 -0.005623088 0.000630749 109.45 660.50 617.30 4 075.00 90.50 64.95 480.00 10 700.00 323.00 171.00 977.00 1 031.01 109.96 19.0320 -0.003192705 -0.01129105 0.021780931 0.011849065 -0.053776397 0.021004273 -0.014478019 0.006093293 0.017174505 -0.011049836 -0.011297255 -0.009921425 9.09463E-05 5.25445E-05 109.50 658.00 611.00 4 019.00 87.20 63.70 475.00 10 630.00 322.00 172.00 977.00 1 011.36 109.35 19.1775 0.000456725 -0.003792193 -0.01025817 -0.013837631 -0.03714552 -0.019433181 -0.0104713 -0.006563549 -0.003100778 0.00583092 0 -0.019242945 -0.005562916 0.007615944 106.90 645.00 584.90 3 946.00 86.05 65.40 472.60 10 765.00 321.00 172.75 963.00 1 008.02 109.28 19.1630 -0.024030731 -0.019954615 -0.043656067 -0.018330708 -0.013275808 0.026337696 -0.005065439 0.012619938 -0.003110422 0.004350986 -0.01443324 -0.003307949 -0.000640351 -0.00075638 104.90 646.00 582.90 3 920.00 85.30 65.00 474.00 10 840.00 326.00 171.00 954.00 1 002.18 110.18 19.3150 -0.018886303 0.001549187 -0.003425247 -0.006610754 -0.008754068 -0.006134989 0.002957957 0.006942865 0.015456258 -0.010181906 -0.00938974 -0.005810383 0.008201996 0.00790066 102.00 646.00 578.30 3 929.00 85.00 64.90 475.20 10 780.00 322.00 169.00 955.00 1 001.59 110.17 19.3185 -0.028034702 0 -0.00792288 0.002293287 -0.003523198 -0.001539646 0.002528446 -0.005550431 -0.012345836 -0.011764842 0.001047669 -0.00058889 -9.07647E-05 0.00018119 100.90 646.00 574.50 3 980.00 84.00 67.80 470.00 10 700.00 318.00 169.00 953.10 992.62 107.6 19.4125 -0.010842886 0 -0.006592668 0.012896879 -0.011834458 0.043714571 -0.011003073 -0.007448824 -0.012500163 0 -0.001991511 -0.008996104 -0.02360398 0.004854002 102.50 635.50 563.90 4 009.00 86.30 65.65 472.00 10 510.00 315.90 166.00 948.00 985.84 108.25 19.5265 0.015732871 -0.016387413 -0.018623166 0.007260014 0.027012799 -0.032224594 0.004246291 -0.017916557 -0.006625675 -0.017910927 -0.005365328 -0.006853842 0.006022719 0.005855329 96.00 622.50 557.80 3 945.00 84.90 66.95 470.00 10 550.00 321.90 169.00 958.00 993.52 107.16 19.4965 -0.065514607 -0.020668462 -0.010876456 -0.016092879 -0.016355505 0.019608471 -0.004246291 0.003798675 0.01881523 0.017910927 0.010493276 0.007760123 -0.010120322 -0.001537555 90.00 625.00 564.50 4 005.00 83.90 68.00 470.00 10 550.00 323.50 167.00 949.70 999.56 108.01 19.4405 -0.064538521 0.004008021 0.011939908 0.015094626 -0.01184848 0.015561633 0 0 0.004958176 -0.011904903 -0.008701633 0.00606099 0.007900771 -0.002876443 90.95 632.50 564.60 4 064.00 83.00 70.00 469.80 10 600.00 330.00 169.60 943.00 997.73 108.96 19.2930 0.010500235 0.011928571 0.000177132 0.01462413 -0.010785006 0.028987537 -0.000425622 0.004728141 0.019893541 0.015448911 -0.007079863 -0.001832484 0.008757027 -0.007616183 89.80 644.50 560.00 3 941.00 82.60 70.10 471.90 10 700.00 341.50 168.95 932.00 994.30 109.99 19.2755 -0.01272493 0.018794602 -0.008180732 -0.030733212 -0.004830927 0.001427552 0.004460027 0.00938974 0.034255025 -0.00383991 -0.011733468 -0.003443727 0.00940861 -0.000907476 91.85 652.00 557.00 3 880.00 82.55 72.00 470.00 10 600.00 343.50 166.80 926.50 994.33 111.27 19.3205 0.022571836 0.01156974 -0.005371544 -0.015599345 -0.00060551 0.026743325 -0.004034404 -0.00938974 0.005839433 -0.012807323 -0.005918769 3.01715E-05 0.011570228 0.002331849 90.30 652.00 568.40 3 809.00 83.00 71.80 464.00 10 670.00 339.60 169.00 923.50 997.31 110.84 19.4450 -0.017019351 0 0.020260156 -0.018468466 0.005436437 -0.002781643 -0.012848142 0.006582064 -0.011418657 0.013103225 -0.003243246 0.002992511 -0.00387196 0.006423259 90.00 645.00 570.00 3 871.00 83.90 68.80 465.00 10 700.00 346.00 170.00 912.00 992.14 110.47 19.4210 -0.00332779 -0.010794245 0.002810965 0.016146184 0.010785006 -0.042680731 0.002152853 0.002807676 0.018670321 0.005899722 -0.01253081 -0.005197428 -0.003343729 -0.001235013 93.00 657.00 557.50 3 877.00 82.00 66.00 459.00 10 685.00 346.00 170.10 885.10 975.62 108.26 19.5050 0.032789823 0.018433702 -0.022173857 0.001548787 -0.022906366 -0.041549003 -0.012987196 -0.001402853 0 0.000588062 -0.029939357 -0.01679106 -0.02020825 0.004315888 91.40 662.00 533.40 3 845.00 82.00 65.95 459.00 10 700.00 348.00 170.25 895.00 995.11 109.33 19.5830 -0.017354015 0.007581537 -0.044190892 -0.008288056 0 -0.000757863 0 0.001402853 0.005763705 0.000881446 0.011123085 0.019780117 0.00983509 0.003991 95.30 677.90 552.10 3 920.00 76.80 68.26 460.00 10 900.00 349.00 170.00 892.60 983.25 110.18 19.4940 0.041784332 0.023734228 0.034457578 0.019318051 -0.065514607 0.034427064 0.002176279 0.018519048 0.002869442 -0.001469508 -0.002685166 -0.011989872 0.007744561 -0.004555117 94.99 677.00 538.00 3 850.00 73.00 68.90 463.00 10 788.00 348.50 171.00 889.80 976.90 110.14 19.5295 -0.003258188 -0.001328512 -0.025870629 -0.018018506 -0.050745199 0.009332235 0.006500565 -0.010328384 -0.001433692 0.005865119 -0.003141834 -0.006479119 -0.000363108 0.001819417 93.00 643.10 524.00 3 840.00 74.20 67.86 464.30 10 426.00 347.00 168.00 867.00 962.64 110.81 19.8535 -0.02117213 -0.05137104 -0.026366876 -0.002600782 0.016304709 -0.015209419 0.002803841 -0.034131719 -0.00431345 -0.017699577 -0.025957742 -0.014704783 0.006064739 0.016454171