Metodología de Cálculo del Beta

Paso 1: Identificar una empresa que cotiza en la Bolsa de Valores de Lima.Paso 2: Buscar data del valor histórico de sus acciones en un periodo de tiempo.Paso 3: Aplicar la formula del cálculo del Beta:

Donde Dim es la covarianza entre la rentabilidad de la acción "i" y la rentabilidad del mercado.Donde D2m es la varianza de la rentabilidad del mercado.Paso 4: Interpretar los resultados.

b = D im

D2m

SOUTHERNFECHA IGBVL ISBVL Cierre FECHA8/15/1997 2017.31 2909.77 18.95 IGBVL ISBVL SOUTHERN PERU8/22/1997 1981.62 2841.49 17.90 8/22/1997 -0.018 -0.023 -0.0558/29/1997 1974.20 2842.24 18.20 8/29/1997 -0.004 0.000 0.0179/5/1997 2008.00 2917.76 18.50 9/5/1997 0.017 0.027 0.016

9/12/1997 1952.81 2821.47 18.00 9/12/1997 -0.027 -0.033 -0.0279/19/1997 1972.93 2861.65 17.85 9/19/1997 0.010 0.014 -0.0089/26/1997 2009.17 2908.18 17.30 9/26/1997 0.018 0.016 -0.03110/3/1997 2039.59 2991.61 17.91 10/3/1997 0.015 0.029 0.035

10/10/1997 1998.90 2945.81 17.50 10/10/1997 -0.020 -0.015 -0.02310/17/1997 1983.61 2934.27 17.65 10/17/1997 -0.008 -0.004 0.00910/24/1997 1952.51 2903.99 17.45 10/24/1997 -0.016 -0.010 -0.01110/31/1997 1859.14 2749.84 16.01 10/31/1997 -0.048 -0.053 -0.08311/7/1997 1870.06 2757.89 16.60 11/7/1997 0.006 0.003 0.037

11/14/1997 1750.57 2577.09 16.00 11/14/1997 -0.064 -0.066 -0.03611/21/1997 1802.07 2690.90 14.29 11/21/1997 0.029 0.044 -0.10711/28/1997 1780.54 2667.51 13.75 11/28/1997 -0.012 -0.009 -0.03812/5/1997 1783.46 2679.12 14.00 12/5/1997 0.002 0.004 0.018

12/12/1997 1749.62 2597.84 13.12 12/12/1997 -0.019 -0.030 -0.06312/19/1997 1727.02 2561.37 12.58 12/19/1997 -0.013 -0.014 -0.04112/26/1997 1758.03 2625.02 13.62 12/26/1997 0.018 0.025 0.083

1/2/1998 1786.36 2658.96 13.34 1/2/1998 0.016 0.013 -0.0211/9/1998 1671.81 2486.22 12.82 1/9/1998 -0.064 -0.065 -0.039

1/16/1998 1639.26 2446.47 12.80 1/16/1998 -0.019 -0.016 -0.0021/23/1998 1639.19 2447.25 12.58 1/23/1998 0.000 0.000 -0.0171/30/1998 1624.65 2420.00 12.60 1/30/1998 -0.009 -0.011 0.0022/6/1998 1690.34 2497.88 13.02 2/6/1998 0.040 0.032 0.033

2/13/1998 1653.40 2474.18 13.00 2/13/1998 -0.022 -0.009 -0.0022/20/1998 1608.58 2388.28 12.90 2/20/1998 -0.027 -0.035 -0.0082/27/1998 1585.78 2362.40 13.00 2/27/1998 -0.014 -0.011 0.0083/6/1998 1627.15 2445.78 13.75 3/6/1998 0.026 0.035 0.058

3/13/1998 1642.85 2464.71 14.20 3/13/1998 0.010 0.008 0.0333/20/1998 1614.71 2404.91 14.89 3/20/1998 -0.017 -0.024 0.0493/27/1998 1696.52 2570.85 14.61 3/27/1998 0.051 0.069 -0.0194/3/1998 1774.51 2689.39 14.71 4/3/1998 0.046 0.046 0.0074/8/1998 1762.14 2657.85 14.56 4/8/1998 -0.007 -0.012 -0.010

4/17/1998 1799.90 2722.66 16.50 4/17/1998 0.021 0.024 0.1334/24/1998 1861.02 2785.81 15.05 4/24/1998 0.034 0.023 -0.0884/30/1998 1889.50 2809.38 15.20 4/30/1998 0.015 0.008 0.0105/8/1998 1845.60 2760.17 14.01 5/8/1998 -0.023 -0.018 -0.078

5/15/1998 1830.14 2745.40 14.63 5/15/1998 -0.008 -0.005 0.0445/22/1998 1785.01 2650.31 14.11 5/22/1998 -0.025 -0.035 -0.0365/29/1998 1815.12 2671.61 13.50 5/29/1998 0.017 0.008 -0.0436/5/1998 1810.84 2682.40 13.50 6/5/1998 -0.002 0.004 0.000

6/12/1998 1723.35 2539.81 13.60 6/12/1998 -0.048 -0.053 0.0076/19/1998 1662.18 2446.47 13.40 6/19/1998 -0.035 -0.037 -0.0156/26/1998 1626.65 2404.44 12.95 6/26/1998 -0.021 -0.017 -0.0347/3/1998 1649.29 2445.16 13.35 7/3/1998 0.014 0.017 0.031

7/10/1998 1712.44 2557.96 12.87 7/10/1998 0.038 0.046 -0.0367/17/1998 1730.01 2608.47 12.90 7/17/1998 0.010 0.020 0.0027/24/1998 1725.23 2592.18 12.50 7/24/1998 -0.003 -0.006 -0.0317/31/1998 1714.74 2562.23 12.40 7/31/1998 -0.006 -0.012 -0.008

8/7/1998 1630.51 2401.39 12.45 8/7/1998 -0.049 -0.063 0.0048/14/1998 1562.91 2296.41 11.70 8/14/1998 -0.041 -0.044 -0.0608/21/1998 1454.70 2104.54 11.18 8/21/1998 -0.069 -0.084 -0.0448/28/1998 1300.49 1877.96 9.00 8/28/1998 -0.106 -0.108 -0.1959/4/1998 1280.99 1846.97 9.60 9/4/1998 -0.015 -0.017 0.067

9/11/1998 1248.43 1810.19 10.50 9/11/1998 -0.025 -0.020 0.0949/18/1998 1184.34 1702.79 10.80 9/18/1998 -0.051 -0.059 0.0299/25/1998 1259.76 1841.71 11.43 9/25/1998 0.064 0.082 0.05810/2/1998 1248.33 1843.11 10.93 10/2/1998 -0.009 0.001 -0.04410/9/1998 1197.01 1763.58 10.00 10/9/1998 -0.041 -0.043 -0.085

10/16/1998 1258.18 1903.33 9.37 10/16/1998 0.051 0.079 -0.06310/23/1998 1273.07 1926.73 11.00 10/23/1998 0.012 0.012 0.17410/30/1998 1231.62 1856.58 12.25 10/30/1998 -0.033 -0.036 0.11411/6/1998 1872.96 95.56 12.30 11/6/1998 0.521 -0.949 0.004

11/13/1998 2021.00 103.61 12.02 11/13/1998 0.079 0.084 -0.02311/20/1998 2315.26 121.30 12.00 11/20/1998 0.146 0.171 -0.00211/27/1998 2421.29 126.31 12.01 11/27/1998 0.046 0.041 0.00112/4/1998 2200.55 123.22 11.60 12/4/1998 -0.091 -0.024 -0.034

12/11/1998 2182.77 119.39 9.98 12/11/1998 -0.008 -0.031 -0.14012/18/1998 2101.52 116.69 9.06 12/18/1998 -0.037 -0.023 -0.09212/23/1998 2076.31 115.51 9.30 12/23/1998 -0.012 -0.010 0.02612/31/1998 2030.87 115.41 9.15 12/31/1998 -0.022 -0.001 -0.016

1/8/1999 1372.99 2098.38 10.17 1/8/1999 -0.324 17.182 0.1111/15/1999 1315.70 2007.50 9.00 1/15/1999 -0.042 -0.043 -0.1151/22/1999 1288.83 1986.06 9.10 1/22/1999 -0.020 -0.011 0.0111/29/1999 1320.55 2051.78 9.01 1/29/1999 0.025 0.033 -0.0102/5/1999 1364.28 2127.14 9.01 2/5/1999 0.033 0.037 0.000

2/12/1999 1376.52 2162.54 9.18 2/12/1999 0.009 0.017 0.0192/19/1999 1414.92 2190.17 9.00 2/19/1999 0.028 0.013 -0.0202/26/1999 1417.95 2201.15 9.50 2/26/1999 0.002 0.005 0.0563/5/1999 1449.43 2246.54 10.00 3/5/1999 0.022 0.021 0.053

3/12/1999 1462.70 2257.43 9.60 3/12/1999 0.009 0.005 -0.0403/19/1999 1468.43 2276.78 9.81 3/19/1999 0.004 0.009 0.0223/26/1999 1463.46 2276.77 10.60 3/26/1999 -0.003 0.000 0.0813/31/1999 1470.28 2286.61 10.50 3/31/1999 0.005 0.004 -0.0094/9/1999 1499.22 2345.71 10.13 4/9/1999 0.020 0.026 -0.035

4/16/1999 1585.99 2479.06 11.30 4/16/1999 0.058 0.057 0.1154/23/1999 1640.96 2595.50 13.00 4/23/1999 0.035 0.047 0.1504/30/1999 1644.29 2591.77 14.25 4/30/1999 0.002 -0.001 0.0965/7/1999 1706.02 2665.63 14.05 5/7/1999 0.038 0.028 -0.014

5/14/1999 1695.50 2653.06 14.20 5/14/1999 -0.006 -0.005 0.0115/21/1999 1686.74 2622.98 13.44 5/21/1999 -0.005 -0.011 -0.0545/28/1999 1647.45 2556.68 12.30 5/28/1999 -0.023 -0.025 -0.0856/4/1999 1671.06 2600.38 12.60 6/4/1999 0.014 0.017 0.024

6/11/1999 1699.66 2630.20 12.50 6/11/1999 0.017 0.011 -0.0086/18/1999 1658.58 2572.08 12.56 6/18/1999 -0.024 -0.022 0.0056/25/1999 1649.64 2564.40 13.50 6/25/1999 -0.005 -0.003 0.0757/2/1999 1674.66 2610.16 14.72 7/2/1999 0.015 0.018 0.0907/9/1999 1689.81 2628.53 14.80 7/9/1999 0.009 0.007 0.005

7/16/1999 1678.00 2623.86 14.80 7/16/1999 -0.007 -0.002 0.0007/23/1999 1641.91 2562.44 14.00 7/23/1999 -0.022 -0.023 -0.0547/27/1999 1649.58 2579.43 14.40 7/27/1999 0.005 0.007 0.0298/6/1999 1636.42 2575.48 14.20 8/6/1999 -0.008 -0.002 -0.014

8/13/1999 1658.09 2613.41 14.14 8/13/1999 0.013 0.015 -0.004

8/20/1999 1656.63 2591.67 15.00 8/20/1999 -0.001 -0.008 0.0618/27/1999 1648.25 2579.45 15.60 8/27/1999 -0.005 -0.005 0.0409/3/1999 1684.68 2609.07 16.00 9/3/1999 0.022 0.011 0.026

9/10/1999 1809.37 2775.90 16.10 9/10/1999 0.074 0.064 0.0069/17/1999 1825.62 2748.04 16.15 9/17/1999 0.009 -0.010 0.0039/24/1999 1808.76 2725.22 16.20 9/24/1999 -0.009 -0.008 0.00310/1/1999 1841.59 2758.23 16.50 10/1/1999 0.018 0.012 0.01910/7/1999 1860.48 2765.09 16.55 10/7/1999 0.010 0.002 0.003

10/15/1999 1824.92 2686.66 16.76 10/15/1999 -0.019 -0.028 0.01310/22/1999 1806.41 2675.85 16.00 10/22/1999 -0.010 -0.004 -0.04510/29/1999 1793.74 2678.27 16.45 10/29/1999 -0.007 0.001 0.02811/5/1999 1808.22 2685.54 16.18 11/5/1999 0.008 0.003 -0.016

11/12/1999 1797.48 2684.89 16.10 11/12/1999 -0.006 0.000 -0.00511/19/1999 1772.00 2649.00 15.23 11/19/1999 -0.014 -0.013 -0.05411/26/1999 1772.00 2673.00 14.60 11/26/1999 0.000 0.009 -0.04112/3/1999 1816.66 2773.09 14.69 12/3/1999 0.025 0.037 0.006

12/10/1999 1803.56 2758.10 14.07 12/10/1999 -0.007 -0.005 -0.04212/17/1999 1769.97 2734.45 14.75 12/17/1999 -0.019 -0.009 0.04812/23/1999 1783.39 2750.62 14.57 12/23/1999 0.008 0.006 -0.01212/30/1999 1835.57 2815.14 15.00 12/30/1999 0.029 0.023 0.030

1/7/2000 1805.40 2798.64 15.15 1/7/2000 -0.016 -0.006 0.0101/14/2000 1891.31 2974.46 15.30 1/14/2000 0.048 0.063 0.0101/21/2000 1847.29 2927.66 16.15 1/21/2000 -0.023 -0.016 0.0561/28/2000 1830.26 2920.94 16.00 1/28/2000 -0.009 -0.002 -0.0092/4/2000 1866.66 3001.67 16.30 2/4/2000 0.020 0.028 0.019

2/11/2000 1850.19 3033.08 15.51 2/11/2000 -0.009 0.010 -0.0482/18/2000 1807.33 2973.56 15.75 2/18/2000 -0.023 -0.020 0.0152/25/2000 1809.85 2991.41 15.10 2/25/2000 0.001 0.006 -0.0413/3/2000 1812.05 3006.61 14.70 3/3/2000 0.001 0.005 -0.026

3/10/2000 1784.38 2977.73 13.95 3/10/2000 -0.015 -0.010 -0.0513/17/2000 1742.00 2894.46 13.36 3/17/2000 -0.024 -0.028 -0.0423/24/2000 1715.05 2874.54 12.70 3/24/2000 -0.015 -0.007 -0.0493/31/2000 1663.07 2768.97 12.83 3/31/2000 -0.030 -0.037 0.0104/7/2000 1698.05 2840.35 12.80 4/7/2000 0.021 0.026 -0.002

4/14/2000 1644.66 2744.86 12.25 4/14/2000 -0.031 -0.034 -0.0434/19/2000 1632.48 2736.89 12.00 4/19/2000 -0.007 -0.003 -0.0204/28/2000 1626.71 2748.71 12.30 4/28/2000 -0.004 0.004 0.0255/5/2000 1596.58 2713.54 12.50 5/5/2000 -0.019 -0.013 0.016

5/12/2000 1560.16 2643.73 12.43 5/12/2000 -0.023 -0.026 -0.0065/19/2000 1494.37 2520.54 12.65 5/19/2000 -0.042 -0.047 0.0185/26/2000 1424.39 2412.83 11.84 5/26/2000 -0.047 -0.043 -0.0646/2/2000 1502.86 2557.85 12.36 6/2/2000 0.055 0.060 0.0446/9/2000 1486.71 2534.82 11.00 6/9/2000 -0.011 -0.009 -0.110

6/16/2000 1475.45 2511.88 11.55 6/16/2000 -0.008 -0.009 0.0506/23/2000 1458.07 2465.00 11.30 6/23/2000 -0.012 -0.019 -0.0226/30/2000 1486.79 2523.93 11.69 6/30/2000 0.020 0.024 0.0357/7/2000 1414.50 2376.57 12.09 7/7/2000 -0.049 -0.058 0.034

7/14/2000 1390.19 2357.52 11.88 7/14/2000 -0.017 -0.008 -0.0177/21/2000 1348.01 2307.05 11.60 7/21/2000 -0.030 -0.021 -0.0247/27/2000 1355.49 2293.46 11.70 7/27/2000 0.006 -0.006 0.0098/4/2000 1354.75 2302.28 11.35 8/4/2000 -0.001 0.004 -0.030

8/11/2000 1364.34 2320.38 11.80 8/11/2000 0.007 0.008 0.0408/18/2000 1436.49 2383.47 12.57 8/18/2000 0.053 0.027 0.0658/25/2000 1430.44 2400.32 14.15 8/25/2000 -0.004 0.007 0.126

9/1/2000 1461.83 2386.53 14.00 9/1/2000 0.022 -0.006 -0.0119/8/2000 1473.01 2431.90 14.83 9/8/2000 0.008 0.019 0.059

9/15/2000 1435.47 2409.78 15.00 9/15/2000 -0.025 -0.009 0.0119/22/2000 1392.09 2323.26 14.56 9/22/2000 -0.030 -0.036 -0.0299/29/2000 1355.56 2287.66 15.30 9/29/2000 -0.026 -0.015 0.05110/6/2000 1337.33 2274.14 14.50 10/6/2000 -0.013 -0.006 -0.052

10/13/2000 1309.46 2201.00 14.06 10/13/2000 -0.021 -0.032 -0.03010/20/2000 1282.87 2148.07 13.70 10/20/2000 -0.020 -0.024 -0.02610/27/2000 1254.81 2146.58 13.80 10/27/2000 -0.022 -0.001 0.00711/3/2000 1250.61 2144.99 13.65 11/3/2000 -0.003 -0.001 -0.011

11/10/2000 1213.21 2082.96 13.30 11/10/2000 -0.030 -0.029 -0.02611/17/2000 1190.63 2048.96 12.62 11/17/2000 -0.019 -0.016 -0.05111/24/2000 1205.15 2066.93 12.48 11/24/2000 0.012 0.009 -0.01112/1/2000 1203.71 2061.88 12.52 12/1/2000 -0.001 -0.002 0.00312/7/2000 1198.79 2055.20 12.40 12/7/2000 -0.004 -0.003 -0.010

12/15/2000 1195.31 2019.79 12.40 12/15/2000 -0.003 -0.017 0.00012/22/2000 1188.88 2032.64 12.48 12/22/2000 -0.005 0.006 0.00612/28/2000 1208.41 2046.59 12.53 12/28/2000 0.016 0.007 0.004

1/5/2001 1231.10 2089.27 12.80 1/5/2001 0.019 0.021 0.0221/12/2001 1246.54 2122.08 13.00 1/12/2001 0.013 0.016 0.0161/19/2001 1272.43 2163.58 13.00 1/19/2001 0.021 0.020 0.0001/26/2001 1267.66 2165.89 13.00 1/26/2001 -0.004 0.001 0.0002/2/2001 1310.32 2241.36 13.51 2/2/2001 0.034 0.035 0.0392/9/2001 1330.42 2259.67 14.01 2/9/2001 0.015 0.008 0.037

2/16/2001 1325.70 2241.42 14.90 2/16/2001 -0.004 -0.008 0.0642/23/2001 1286.82 2159.08 14.66 2/23/2001 -0.029 -0.037 -0.0163/2/2001 1286.83 2165.14 14.20 3/2/2001 0.000 0.003 -0.0313/9/2001 1294.71 2178.65 14.10 3/9/2001 0.006 0.006 -0.007

3/16/2001 1287.03 2143.97 14.02 3/16/2001 -0.006 -0.016 -0.0063/23/2001 1269.71 2113.18 14.00 3/23/2001 -0.013 -0.014 -0.0013/30/2001 1271.92 2128.54 13.60 3/30/2001 0.002 0.007 -0.0294/6/2001 1259.71 2109.90 13.50 4/6/2001 -0.010 -0.009 -0.007

4/11/2001 1212.68 2048.27 13.60 4/11/2001 -0.037 -0.029 0.0074/20/2001 1225.89 2077.89 14.00 4/20/2001 0.011 0.014 0.0294/27/2001 1193.78 2035.88 13.77 4/27/2001 -0.026 -0.020 -0.0165/4/2001 1217.66 2099.82 14.00 5/4/2001 0.020 0.031 0.017

5/11/2001 1254.73 2143.96 14.13 5/11/2001 0.030 0.021 0.0095/18/2001 1297.59 2227.49 14.20 5/18/2001 0.034 0.039 0.0055/25/2001 1332.68 2261.01 14.30 5/25/2001 0.027 0.015 0.0076/1/2001 1328.18 2258.92 14.00 6/1/2001 -0.003 -0.001 -0.0216/8/2001 1406.52 2357.83 14.45 6/8/2001 0.059 0.044 0.032

6/15/2001 1370.96 2298.46 14.40 6/15/2001 -0.025 -0.025 -0.0036/22/2001 1347.74 2261.05 13.90 6/22/2001 -0.017 -0.016 -0.0356/28/2001 1347.00 2254.67 13.35 6/28/2001 -0.001 -0.003 -0.0407/6/2001 1326.78 2204.92 12.46 7/6/2001 -0.015 -0.022 -0.067

7/13/2001 1320.17 2181.93 12.35 7/13/2001 -0.005 -0.010 -0.0097/20/2001 1322.91 2165.93 12.00 7/20/2001 0.002 -0.007 -0.0287/27/2001 1323.07 2157.51 11.85 7/27/2001 0.000 -0.004 -0.0138/3/2001 1357.77 2226.00 12.20 8/3/2001 0.026 0.032 0.030

8/10/2001 1342.98 2187.33 11.80 8/10/2001 -0.011 -0.017 -0.0338/17/2001 1351.83 2202.46 11.75 8/17/2001 0.007 0.007 -0.0048/24/2001 1360.02 2212.72 11.34 8/24/2001 0.006 0.005 -0.0358/31/2001 1334.71 2179.99 11.76 8/31/2001 -0.019 -0.015 0.0379/7/2001 1309.12 2145.49 11.90 9/7/2001 -0.019 -0.016 0.012

9/14/2001 1279.82 2096.44 11.40 9/14/2001 -0.022 -0.023 -0.0429/21/2001 1197.37 1972.68 10.35 9/21/2001 -0.064 -0.059 -0.0929/28/2001 1217.95 1999.58 9.40 9/28/2001 0.017 0.014 -0.09210/5/2001 1168.21 1890.56 9.03 10/5/2001 -0.041 -0.055 -0.039

10/12/2001 1133.97 1836.15 9.00 10/12/2001 -0.029 -0.029 -0.00310/19/2001 1137.21 1853.67 9.10 10/19/2001 0.003 0.010 0.01110/26/2001 1156.03 1885.81 8.96 10/26/2001 0.017 0.017 -0.01510/31/2001 1139.33 1858.96 8.45 10/31/2001 -0.014 -0.014 -0.05711/9/2001 1153.53 1874.31 9.10 11/9/2001 0.012 0.008 0.077

11/16/2001 1174.95 1932.63 16.86 11/16/2001 0.019 0.031 0.85311/23/2001 1172.25 1924.86 16.70 11/23/2001 -0.002 -0.004 -0.00911/30/2001 1167.46 1906.54 11.05 11/30/2001 -0.004 -0.010 -0.33812/7/2001 1190.59 1940.97 11.10 12/7/2001 0.020 0.018 0.005

12/14/2001 1160.82 1890.72 10.85 12/14/2001 -0.025 -0.026 -0.02312/21/2001 1170.08 1905.46 11.80 12/21/2001 0.008 0.008 0.088

1/4/2002 1213.17 1965.49 11.93 1/4/2002 0.037 0.032 0.0111/11/2002 1229.53 1980.79 11.80 1/11/2002 0.013 0.008 -0.0111/18/2002 1258.92 2013.84 12.00 1/18/2002 0.024 0.017 0.0171/25/2002 1291.86 2051.83 11.46 1/25/2002 0.026 0.019 -0.0452/1/2002 1280.59 2037.23 11.80 2/1/2002 -0.009 -0.007 0.0302/8/2002 1265.62 2011.06 11.55 2/8/2002 -0.012 -0.013 -0.021

2/15/2002 1272.17 2018.06 11.55 2/15/2002 0.005 0.003 0.0002/22/2002 1263.48 2004.39 10.81 2/22/2002 -0.007 -0.007 -0.0643/1/2002 1292.04 2055.14 11.40 3/1/2002 0.023 0.025 0.0553/8/2002 1305.55 2081.91 12.00 3/8/2002 0.010 0.013 0.053

3/15/2002 1291.51 2062.65 12.60 3/15/2002 -0.011 -0.009 0.0503/22/2002 1314.16 2100.73 12.40 3/22/2002 0.018 0.018 -0.0163/27/2002 1299.76 2075.93 13.00 3/27/2002 -0.011 -0.012 0.0484/5/2002 1293.58 2074.54 13.35 4/5/2002 -0.005 -0.001 0.027

4/12/2002 1273.99 2028.21 14.10 4/12/2002 -0.015 -0.022 0.0564/19/2002 1276.60 2043.36 14.85 4/19/2002 0.002 0.007 0.0534/26/2002 1260.53 2009.23 14.20 4/26/2002 -0.013 -0.017 -0.0445/3/2002 1252.64 1989.31 15.01 5/3/2002 -0.006 -0.010 0.057

5/10/2002 1222.25 1929.92 14.85 5/10/2002 -0.024 -0.030 -0.0115/17/2002 1249.19 1988.81 14.70 5/17/2002 0.022 0.031 -0.0105/24/2002 1234.75 1963.06 15.00 5/24/2002 -0.012 -0.013 0.0205/31/2002 1240.59 1971.32 14.27 5/31/2002 0.005 0.004 -0.0496/7/2002 1214.17 1918.79 15.03 6/7/2002 -0.021 -0.027 0.053

6/14/2002 1184.86 1870.43 14.67 6/14/2002 -0.024 -0.025 -0.0246/21/2002 1160.65 1833.69 14.26 6/21/2002 -0.020 -0.020 -0.0286/28/2002 1134.93 1789.99 14.90 6/28/2002 -0.022 -0.024 0.045

SOUTHERN PERUMedia 0.001395Varianza 0.005575Desv. Estándar 0.074667

IGVBL ISVBLMedia -0.001226 Media 0.062921Varianza (1) 0.002254 Varianza (3) 1.171945Desv. Estándar 0.047480 Desv. Estándar 1.082564

Covarianza (2) 0.000323 Covarianza (4) 0.007991

BETA (2)/(1) 0.143165 BETA (4)/(3) 0.006819

-0.400 -0.300 -0.200 -0.100 0.000 0.100 0.200 0.300 0.400 0.500 0.600

-0.400

-0.200

0.000

0.200

0.400

0.600

0.800

1.000

-0.400 -0.300 -0.200 -0.100 0.000 0.100 0.200 0.300 0.400 0.500 0.600

-0.400

-0.200

0.000

0.200

0.400

0.600

0.800

1.000

ALICORPFECHA IGBVL ISBVL Cierre FECHA

8/15/1997 2017.31 2909.77 1.66 IGBVL8/22/1997 1981.62 2841.49 1.71 8/22/1997 0.08/29/1997 1974.20 2842.24 1.53 8/29/1997 0.09/5/1997 2008.00 2917.76 1.62 9/5/1997 0.0

9/12/1997 1952.81 2821.47 1.57 9/12/1997 0.09/19/1997 1972.93 2861.65 1.6 9/19/1997 0.09/26/1997 2009.17 2908.18 1.58 9/26/1997 0.010/3/1997 2039.59 2991.61 1.47 10/3/1997 0.0

10/10/1997 1998.90 2945.81 1.33 10/10/1997 0.010/17/1997 1983.61 2934.27 1.35 10/17/1997 0.010/24/1997 1952.51 2903.99 1.31 10/24/1997 0.010/31/1997 1859.14 2749.84 1.26 10/31/1997 0.011/7/1997 1870.06 2757.89 1.37 11/7/1997 0.0

11/14/1997 1750.57 2577.09 1.24 11/14/1997 -0.111/21/1997 1802.07 2690.90 1.07 11/21/1997 0.011/28/1997 1780.54 2667.51 0.94 11/28/1997 0.012/5/1997 1783.46 2679.12 0.9 12/5/1997 0.0

12/12/1997 1749.62 2597.84 0.93 12/12/1997 0.012/19/1997 1727.02 2561.37 1.01 12/19/1997 0.012/26/1997 1758.03 2625.02 1.03 12/26/1997 0.0

1/2/1998 1786.36 2658.96 1 1/2/1998 0.01/9/1998 1671.81 2486.22 0.97 1/9/1998 -0.1

1/16/1998 1639.26 2446.47 0.89 1/16/1998 0.01/23/1998 1639.19 2447.25 0.9 1/23/1998 0.01/30/1998 1624.65 2420.00 0.9 1/30/1998 0.02/6/1998 1690.34 2497.88 0.94 2/6/1998 0.0

2/13/1998 1653.40 2474.18 0.85 2/13/1998 0.02/20/1998 1608.58 2388.28 0.79 2/20/1998 0.02/27/1998 1585.78 2362.40 0.72 2/27/1998 0.03/6/1998 1627.15 2445.78 0.69 3/6/1998 0.0

3/13/1998 1642.85 2464.71 0.75 3/13/1998 0.03/20/1998 1614.71 2404.91 0.72 3/20/1998 0.03/27/1998 1696.52 2570.85 0.75 3/27/1998 0.14/3/1998 1774.51 2689.39 0.78 4/3/1998 0.04/8/1998 1762.14 2657.85 0.85 4/8/1998 0.0

4/17/1998 1799.90 2722.66 0.87 4/17/1998 0.04/24/1998 1861.02 2785.81 0.95 4/24/1998 0.04/30/1998 1889.50 2809.38 0.94 4/30/1998 0.05/8/1998 1845.60 2760.17 0.87 5/8/1998 0.0

5/15/1998 1830.14 2745.40 0.77 5/15/1998 0.05/22/1998 1785.01 2650.31 0.72 5/22/1998 0.05/29/1998 1815.12 2671.61 0.75 5/29/1998 0.06/5/1998 1810.84 2682.40 0.71 6/5/1998 0.0

6/12/1998 1723.35 2539.81 0.68 6/12/1998 0.06/19/1998 1662.18 2446.47 0.65 6/19/1998 0.06/26/1998 1626.65 2404.44 0.63 6/26/1998 0.07/3/1998 1649.29 2445.16 0.61 7/3/1998 0.0

7/10/1998 1712.44 2557.96 0.65 7/10/1998 0.07/17/1998 1730.01 2608.47 0.66 7/17/1998 0.07/24/1998 1725.23 2592.18 0.7 7/24/1998 0.07/31/1998 1714.74 2562.23 0.71 7/31/1998 0.0

8/7/1998 1630.51 2401.39 0.79 8/7/1998 0.08/14/1998 1562.91 2296.41 0.78 8/14/1998 0.08/21/1998 1454.70 2104.54 0.73 8/21/1998 -0.18/28/1998 1300.49 1877.96 0.72 8/28/1998 -0.19/4/1998 1280.99 1846.97 0.8 9/4/1998 0.0

9/11/1998 1248.43 1810.19 0.75 9/11/1998 0.09/18/1998 1184.34 1702.79 0.7 9/18/1998 -0.19/25/1998 1259.76 1841.71 0.66 9/25/1998 0.110/2/1998 1248.33 1843.11 0.6 10/2/1998 0.010/9/1998 1197.01 1763.58 0.57 10/9/1998 0.0

10/16/1998 1258.18 1903.33 0.57 10/16/1998 0.110/23/1998 1273.07 1926.73 0.5 10/23/1998 0.010/30/1998 1231.62 1856.58 0.5 10/30/1998 0.011/6/1998 1872.96 95.56 0.48 11/6/1998 0.5

11/13/1998 2021.00 103.61 0.53 11/13/1998 0.111/20/1998 2315.26 121.30 0.57 11/20/1998 0.111/27/1998 2421.29 126.31 0.67 11/27/1998 0.012/4/1998 2200.55 123.22 0.57 12/4/1998 -0.1

12/11/1998 2182.77 119.39 0.6 12/11/1998 0.012/18/1998 2101.52 116.69 0.54 12/18/1998 0.012/23/1998 2076.31 115.51 0.52 12/23/1998 0.012/31/1998 2030.87 115.41 0.51 12/31/1998 0.0

1/8/1999 1372.99 2098.38 0.52 1/8/1999 -0.31/22/1999 1288.83 1986.06 0.5 1/22/1999 -0.11/29/1999 1320.55 2051.78 0.5 1/29/1999 0.02/5/1999 1364.28 2127.14 0.48 2/5/1999 0.0

2/12/1999 1376.52 2162.54 0.52 2/12/1999 0.02/19/1999 1414.92 2190.17 0.63 2/19/1999 0.02/26/1999 1417.95 2201.15 0.63 2/26/1999 0.03/5/1999 1449.43 2246.54 0.58 3/5/1999 0.0

3/12/1999 1462.70 2257.43 0.59 3/12/1999 0.03/19/1999 1468.43 2276.78 0.55 3/19/1999 0.03/26/1999 1463.46 2276.77 0.55 3/26/1999 0.03/31/1999 1470.28 2286.61 0.52 3/31/1999 0.04/9/1999 1499.22 2345.71 0.5 4/9/1999 0.0

4/16/1999 1585.99 2479.06 0.5 4/16/1999 0.14/23/1999 1640.96 2595.50 0.5 4/23/1999 0.04/30/1999 1644.29 2591.77 0.51 4/30/1999 0.05/7/1999 1706.02 2665.63 0.67 5/7/1999 0.0

5/14/1999 1695.50 2653.06 0.65 5/14/1999 0.05/21/1999 1686.74 2622.98 0.71 5/21/1999 0.05/28/1999 1647.45 2556.68 0.67 5/28/1999 0.06/4/1999 1671.06 2600.38 0.68 6/4/1999 0.0

6/11/1999 1699.66 2630.20 0.8 6/11/1999 0.06/18/1999 1658.58 2572.08 0.8 6/18/1999 0.06/25/1999 1649.64 2564.40 0.8 6/25/1999 0.07/2/1999 1674.66 2610.16 0.81 7/2/1999 0.07/9/1999 1689.81 2628.53 0.8 7/9/1999 0.0

7/16/1999 1678.00 2623.86 0.78 7/16/1999 0.07/23/1999 1641.91 2562.44 0.78 7/23/1999 0.07/27/1999 1649.58 2579.43 0.78 7/27/1999 0.08/6/1999 1636.42 2575.48 0.77 8/6/1999 0.0

8/20/1999 1656.63 2591.67 0.78 8/20/1999 0.08/27/1999 1648.25 2579.45 0.76 8/27/1999 0.0

9/3/1999 1684.68 2609.07 0.74 9/3/1999 0.09/10/1999 1809.37 2775.90 0.85 9/10/1999 0.19/17/1999 1825.62 2748.04 0.86 9/17/1999 0.09/24/1999 1808.76 2725.22 0.81 9/24/1999 0.010/1/1999 1841.59 2758.23 0.81 10/1/1999 0.010/7/1999 1860.48 2765.09 0.85 10/7/1999 0.0

10/22/1999 1806.41 2675.85 0.7 10/22/1999 0.010/29/1999 1793.74 2678.27 0.65 10/29/1999 0.011/5/1999 1808.22 2685.54 0.65 11/5/1999 0.0

11/12/1999 1797.48 2684.89 0.63 11/12/1999 0.011/19/1999 1772.00 2649.00 0.65 11/19/1999 0.011/26/1999 1772.00 2673.00 0.64 11/26/1999 0.012/3/1999 1816.66 2773.09 0.67 12/3/1999 0.0

12/10/1999 1803.56 2758.10 0.67 12/10/1999 0.012/17/1999 1769.97 2734.45 0.6 12/17/1999 0.0

1/7/2000 1805.40 2798.64 0.6 1/7/2000 0.01/14/2000 1891.31 2974.46 0.79 1/14/2000 0.01/21/2000 1847.29 2927.66 0.7 1/21/2000 0.01/28/2000 1830.26 2920.94 0.7 1/28/2000 0.02/11/2000 1850.19 3033.08 0.65 2/11/2000 0.02/18/2000 1807.33 2973.56 0.63 2/18/2000 0.03/3/2000 1812.05 3006.61 0.56 3/3/2000 0.0

3/24/2000 1715.05 2874.54 0.55 3/24/2000 -0.13/31/2000 1663.07 2768.97 0.5 3/31/2000 0.04/19/2000 1632.48 2736.89 0.5 4/19/2000 0.04/28/2000 1626.71 2748.71 0.5 4/28/2000 0.05/5/2000 1596.58 2713.54 0.5 5/5/2000 0.0

5/19/2000 1494.37 2520.54 0.42 5/19/2000 -0.15/26/2000 1424.39 2412.83 0.42 5/26/2000 0.06/2/2000 1502.86 2557.85 0.43 6/2/2000 0.16/9/2000 1486.71 2534.82 0.43 6/9/2000 0.0

6/16/2000 1475.45 2511.88 0.43 6/16/2000 0.07/14/2000 1390.19 2357.52 0.43 7/14/2000 -0.17/21/2000 1348.01 2307.05 0.42 7/21/2000 0.07/27/2000 1355.49 2293.46 0.44 7/27/2000 0.08/4/2000 1354.75 2302.28 0.4 8/4/2000 0.0

8/18/2000 1436.49 2383.47 0.41 8/18/2000 0.19/29/2000 1355.56 2287.66 0.39 9/29/2000 -0.110/6/2000 1337.33 2274.14 0.34 10/6/2000 0.0

10/13/2000 1309.46 2201.00 0.3 10/13/2000 0.010/20/2000 1282.87 2148.07 0.3 10/20/2000 0.010/27/2000 1254.81 2146.58 0.28 10/27/2000 0.011/10/2000 1213.21 2082.96 0.24 11/10/2000 0.011/24/2000 1205.15 2066.93 0.21 11/24/2000 0.012/1/2000 1203.71 2061.88 0.23 12/1/2000 0.0

12/15/2000 1195.31 2019.79 0.2 12/15/2000 0.012/22/2000 1188.88 2032.64 0.21 12/22/2000 0.012/28/2000 1208.41 2046.59 0.21 12/28/2000 0.0

1/5/2001 1231.10 2089.27 0.21 1/5/2001 0.01/12/2001 1246.54 2122.08 0.27 1/12/2001 0.01/19/2001 1272.43 2163.58 0.33 1/19/2001 0.01/26/2001 1267.66 2165.89 0.32 1/26/2001 0.02/9/2001 1330.42 2259.67 0.3 2/9/2001 0.0

3/16/2001 1287.03 2143.97 0.35 3/16/2001 0.0

3/23/2001 1269.71 2113.18 0.35 3/23/2001 0.03/30/2001 1271.92 2128.54 0.4 3/30/2001 0.04/6/2001 1259.71 2109.90 0.4 4/6/2001 0.0

4/11/2001 1212.68 2048.27 0.35 4/11/2001 0.05/11/2001 1254.73 2143.96 0.4 5/11/2001 0.05/18/2001 1297.59 2227.49 0.41 5/18/2001 0.05/25/2001 1332.68 2261.01 0.4 5/25/2001 0.06/1/2001 1328.18 2258.92 0.38 6/1/2001 0.0

6/15/2001 1370.96 2298.46 0.38 6/15/2001 0.02/8/2002 1265.62 2011.06 0.18 2/8/2002 -0.1

5/24/2002 1234.75 1963.06 0.13 5/24/2002 0.0

ALICORPMedia -0.010198

ISBVL ALICORP Varianza 0.0088610.0 0.0 Desv. Estándar 0.0941340.0 -0.10.0 0.1 IGVBL ISVBL0.0 0.0 Media -0.001369 Media0.0 0.0 Varianza (1) 0.003313 Varianza (3)0.0 0.0 Desv. Estándar 0.057562 Desv. Estándar0.0 -0.10.0 -0.1 Covarianza (2) 0.001195 Covarianza (4)0.0 0.00.0 0.0

-0.1 0.0 BETA (2)/(1) 0.360542 BETA (4)/(3)0.0 0.1

-0.1 -0.10.0 -0.10.0 -0.10.0 0.00.0 0.00.0 0.10.0 0.00.0 0.0

-0.1 0.00.0 -0.10.0 0.00.0 0.00.0 0.00.0 -0.10.0 -0.10.0 -0.10.0 0.00.0 0.10.0 0.00.1 0.00.0 0.00.0 0.10.0 0.00.0 0.10.0 0.00.0 -0.10.0 -0.10.0 -0.10.0 0.00.0 -0.1

-0.1 0.00.0 0.00.0 0.00.0 0.00.0 0.10.0 0.00.0 0.10.0 0.0

-0.4 -0.3 -0.2 -0.1 0.0 0.1 0.2 0.3 0.4 0.5 0.6

-0.6

-0.5

-0.4

-0.3

-0.2

-0.1

0.0

0.1

0.2

0.3

0.4

-0.1 0.10.0 0.0

-0.1 -0.1-0.1 0.00.0 0.10.0 -0.1

-0.1 -0.10.1 -0.10.0 -0.10.0 -0.10.1 0.00.0 -0.10.0 0.0

-0.9 0.00.1 0.10.2 0.10.0 0.20.0 -0.10.0 0.10.0 -0.10.0 0.00.0 0.0

17.2 0.0-0.1 0.00.0 0.00.0 0.00.0 0.10.0 0.20.0 0.00.0 -0.10.0 0.00.0 -0.10.0 0.00.0 -0.10.0 0.00.1 0.00.0 0.00.0 0.00.0 0.30.0 0.00.0 0.10.0 -0.10.0 0.00.0 0.20.0 0.00.0 0.00.0 0.00.0 0.00.0 0.00.0 0.00.0 0.00.0 0.00.0 0.00.0 0.0

0.0 0.00.1 0.10.0 0.00.0 -0.10.0 0.00.0 0.00.0 -0.20.0 -0.10.0 0.00.0 0.00.0 0.00.0 0.00.0 0.00.0 0.00.0 -0.10.0 0.00.1 0.30.0 -0.10.0 0.00.0 -0.10.0 0.00.0 -0.10.0 0.00.0 -0.10.0 0.00.0 0.00.0 0.0

-0.1 -0.20.0 0.00.1 0.00.0 0.00.0 0.0

-0.1 0.00.0 0.00.0 0.00.0 -0.10.0 0.00.0 0.00.0 -0.10.0 -0.10.0 0.00.0 -0.10.0 -0.10.0 -0.10.0 0.10.0 -0.10.0 0.00.0 0.00.0 0.00.0 0.30.0 0.20.0 0.00.0 -0.1

-0.1 0.2

0.0 0.00.0 0.10.0 0.00.0 -0.10.0 0.10.0 0.00.0 0.00.0 -0.10.0 0.0

-0.1 -0.50.0 -0.3

0.0947331.7548271.324699

0.004520

0.002576

-0.4 -0.3 -0.2 -0.1 0.0 0.1 0.2 0.3 0.4 0.5 0.6

-0.6

-0.5

-0.4

-0.3

-0.2

-0.1

0.0

0.1

0.2

0.3

0.4

EDEGELFECHA IGBVL ISBVL Cierre FECHA8/15/1997 2017.31 2909.77 1.01126 IGBVL ISBVL8/22/1997 2981.62 2841.49 1.02249 8/22/1997 0.478 -0.0238/29/1997 2974.20 2842.24 2.01126 8/29/1997 -0.002 0.0009/5/1997 2008.00 2917.76 2.98878 9/5/1997 -0.325 0.027

9/12/1997 1952.81 2821.47 1.94384 9/12/1997 -0.027 -0.0339/19/1997 1972.93 1861.65 1.98317 9/19/1997 0.010 -0.3409/26/1997 2009.17 2908.18 1.97193 9/26/1997 0.018 0.56210/3/1997 2039.59 2991.61 1.92699 10/3/1997 0.015 0.029

10/10/1997 1998.90 2945.81 1.94946 10/10/1997 -0.020 -0.01510/17/1997 1983.61 1934.27 1.01126 10/17/1997 -0.008 -0.34310/24/1997 2952.51 2903.99 1.96631 10/24/1997 0.488 0.50110/31/1997 1859.14 2749.84 1.95508 10/31/1997 -0.370 -0.05311/7/1997 1870.06 2757.89 1.92699 11/7/1997 0.006 0.003

11/14/1997 2750.57 2577.09 1.8989 11/14/1997 0.471 -0.06611/21/1997 1802.07 2690.90 1.8371 11/21/1997 -0.345 0.04411/28/1997 2780.54 2667.51 1.8708 11/28/1997 0.543 -0.00912/5/1997 1783.46 2679.12 1.8989 12/5/1997 -0.359 0.004

12/12/1997 2749.62 2597.84 1.84271 12/12/1997 0.542 -0.03012/19/1997 2867.28 2412.90 2.26653 12/19/1997 0.043 -0.07112/26/1997 2838.61 2437.03 2.24387 12/26/1997 -0.010 0.010

1/2/1998 2412.82 2753.84 2.19899 1/2/1998 -0.150 0.1301/9/1998 2871.25 2478.46 2.13302 1/9/1998 0.190 -0.100

1/16/1998 2526.70 2850.23 2.00504 1/16/1998 -0.120 0.1501/23/1998 2501.43 2508.20 1.78449 1/23/1998 -0.010 -0.120

EDEGELMedia 0.065987

EDEGEL Varianza 0.1086880.011 Desv. Estándar 0.3296790.9670.486 IGVBL ISVBL

-0.350 Media 0.046014 Media 0.0111410.020 Varianza (1) 0.081614 Varianza (3) 0.040027

-0.006 Desv. Estándar 0.285681 Desv. Estándar 0.200068-0.0230.012 Covarianza (2) 0.011294 Covarianza (4) 0.027134

-0.4810.944

-0.006 BETA (2)/(1) 0.138389 BETA (4)/(3) 0.677881-0.014-0.015-0.0330.0180.015

-0.0300.230

-0.010-0.020-0.030-0.060-0.110

-0.600 -0.400 -0.200 0.000 0.200 0.400 0.600 0.800

-0.600-0.400-0.2000.0000.2000.4000.6000.8001.0001.200

-0.600 -0.400 -0.200 0.000 0.200 0.400 0.600 0.800

-0.600-0.400-0.2000.0000.2000.4000.6000.8001.0001.200

MILPOFECHA IGBVL Cierre ISBVL FECHA IGBVL ISBVL8/15/1997 2017.31 19.75 2909.778/22/1997 1981.62 22.12 2841.49 8/22/1997 -0.02 -0.028/29/1997 1974.20 21.31 2842.24 8/29/1997 0.00 0.009/5/1997 2008.00 21.09 2917.76 9/5/1997 0.02 0.03

9/12/1997 1952.81 19.04 2821.47 9/12/1997 -0.03 -0.039/19/1997 1972.93 19.04 2861.65 9/19/1997 0.01 0.019/26/1997 2009.17 20.94 2908.18 9/26/1997 0.02 0.0210/3/1997 2039.59 20.02 2991.61 10/3/1997 0.02 0.03

10/10/1997 1998.90 19.79 2945.81 10/10/1997 -0.02 -0.0210/17/1997 1983.61 21.43 2934.27 10/17/1997 -0.01 0.0010/24/1997 1952.51 19.14 2903.99 10/24/1997 -0.02 -0.0110/31/1997 1859.14 16.84 2749.84 10/31/1997 -0.05 -0.0511/7/1997 1870.06 18.12 2757.89 11/7/1997 0.01 0.00

11/14/1997 1750.57 19.90 2577.09 11/14/1997 -0.06 -0.0711/21/1997 1802.07 21.43 2690.90 11/21/1997 0.03 0.0411/28/1997 1780.54 21.43 2667.51 11/28/1997 -0.01 -0.0112/5/1997 1783.46 19.52 2679.12 12/5/1997 0.00 0.00

12/12/1997 1749.62 18.37 2597.84 12/12/1997 -0.02 -0.0312/19/1997 1727.02 17.94 2561.37 12/19/1997 -0.01 -0.0112/26/1997 1758.03 17.07 2625.02 12/26/1997 0.02 0.02

1/2/1998 1786.36 20.67 2658.96 1/2/1998 0.02 0.011/9/1998 1671.81 19.90 2486.22 1/9/1998 -0.06 -0.06

1/16/1998 1639.26 19.43 2446.47 1/16/1998 -0.02 -0.021/23/1998 1639.19 18.52 2447.25 1/23/1998 0.00 0.001/30/1998 1624.65 16.99 2420.00 1/30/1998 -0.01 -0.012/6/1998 1690.34 16.98 2497.88 2/6/1998 0.04 0.03

2/13/1998 1653.40 15.31 2474.18 2/13/1998 -0.02 -0.012/20/1998 1608.58 15.31 2388.28 2/20/1998 -0.03 -0.032/27/1998 1585.78 14.92 2362.40 2/27/1998 -0.01 -0.013/6/1998 1627.15 14.53 2445.78 3/6/1998 0.03 0.04

3/13/1998 1642.85 13.93 2464.71 3/13/1998 0.01 0.013/20/1998 1614.71 13.78 2404.91 3/20/1998 -0.02 -0.023/27/1998 1696.52 13.67 2570.85 3/27/1998 0.05 0.074/3/1998 1774.51 15.31 2689.39 4/3/1998 0.05 0.054/8/1998 1762.14 15.46 2657.85 4/8/1998 -0.01 -0.01

4/17/1998 1799.90 14.54 2722.66 4/17/1998 0.02 0.024/24/1998 1861.02 16.46 2785.81 4/24/1998 0.03 0.024/30/1998 1889.50 17.60 2809.38 4/30/1998 0.02 0.015/8/1998 1845.60 19.02 2760.17 5/8/1998 -0.02 -0.02

5/15/1998 1830.14 20.67 2745.40 5/15/1998 -0.01 -0.015/22/1998 1785.01 20.67 2650.31 5/22/1998 -0.02 -0.035/29/1998 1815.12 21.43 2671.61 5/29/1998 0.02 0.016/5/1998 1810.84 21.43 2682.40 6/5/1998 0.00 0.00

6/12/1998 1723.35 20.67 2539.81 6/12/1998 -0.05 -0.056/19/1998 1662.18 21.66 2446.47 6/19/1998 -0.04 -0.046/26/1998 1626.65 21.81 2404.44 6/26/1998 -0.02 -0.027/3/1998 1649.29 21.51 2445.16 7/3/1998 0.01 0.02

7/10/1998 1712.44 21.59 2557.96 7/10/1998 0.04 0.057/24/1998 1725.23 21.20 2592.18 7/24/1998 0.01 0.018/7/1998 1630.51 21.20 2401.39 8/7/1998 -0.05 -0.07

8/14/1998 1562.91 20.58 2296.41 8/14/1998 -0.04 -0.04

8/21/1998 1454.70 20.82 2104.54 8/21/1998 -0.07 -0.088/28/1998 1300.49 20.42 1877.96 8/28/1998 -0.11 -0.119/4/1998 1280.99 20.43 1846.97 9/4/1998 -0.01 -0.02

9/11/1998 1248.43 19.27 1810.19 9/11/1998 -0.03 -0.029/18/1998 1184.34 15.67 1702.79 9/18/1998 -0.05 -0.069/25/1998 1259.76 12.57 1841.71 9/25/1998 0.06 0.0810/2/1998 1248.33 11.75 1843.11 10/2/1998 -0.01 0.0010/9/1998 1197.01 11.73 1763.58 10/9/1998 -0.04 -0.04

10/16/1998 1258.18 11.73 1903.33 10/16/1998 0.05 0.0810/23/1998 1273.07 11.73 1926.73 10/23/1998 0.01 0.0111/6/1998 1872.96 10.89 95.56 11/6/1998 0.47 -0.95

11/13/1998 2021.00 10.89 103.61 11/13/1998 0.08 0.0811/20/1998 2315.26 10.48 121.30 11/20/1998 0.15 0.1711/27/1998 2421.29 11.14 126.31 11/27/1998 0.05 0.0412/4/1998 2200.55 10.05 123.22 12/4/1998 -0.09 -0.02

12/18/1998 2101.52 10.05 116.69 12/18/1998 -0.05 -0.051/15/1999 1315.70 9.97 2007.50 1/15/1999 -0.37 16.202/5/1999 1364.28 10.47 2127.14 2/5/1999 0.04 0.06

2/19/1999 1414.92 10.47 2190.17 2/19/1999 0.04 0.032/26/1999 1417.95 10.39 2201.15 2/26/1999 0.00 0.013/5/1999 1449.43 10.05 2246.54 3/5/1999 0.02 0.02

3/12/1999 1462.70 10.05 2257.43 3/12/1999 0.01 0.003/26/1999 1463.46 10.05 2276.77 3/26/1999 0.00 0.013/31/1999 1470.28 10.05 2286.61 3/31/1999 0.00 0.004/9/1999 1499.22 10.04 2345.71 4/9/1999 0.02 0.03

4/16/1999 1585.99 10.47 2479.06 4/16/1999 0.06 0.064/23/1999 1640.96 12.32 2595.50 4/23/1999 0.03 0.054/30/1999 1644.29 15.50 2591.77 4/30/1999 0.00 0.005/7/1999 1706.02 16.76 2665.63 5/7/1999 0.04 0.03

5/14/1999 1695.50 15.92 2653.06 5/14/1999 -0.01 0.005/21/1999 1686.74 14.24 2622.98 5/21/1999 -0.01 -0.015/28/1999 1647.45 14.24 2556.68 5/28/1999 -0.02 -0.036/18/1999 1658.58 13.40 2572.08 6/18/1999 0.01 0.016/25/1999 1649.64 13.40 2564.40 6/25/1999 -0.01 0.007/23/1999 1641.91 13.03 2562.44 7/23/1999 0.00 0.007/27/1999 1649.58 13.03 2579.43 7/27/1999 0.00 0.018/6/1999 1636.42 13.03 2575.48 8/6/1999 -0.01 0.00

8/13/1999 1658.09 12.98 2613.41 8/13/1999 0.01 0.018/20/1999 1656.63 12.98 2591.67 8/20/1999 0.00 -0.018/27/1999 1648.25 -1.00 2579.45 8/27/1999 -0.01 0.009/10/1999 1809.37 18.06 2775.90 9/10/1999 0.10 0.089/17/1999 1825.62 18.06 2748.04 9/17/1999 0.01 -0.019/24/1999 1808.76 18.06 2725.22 9/24/1999 -0.01 -0.0110/1/1999 1841.59 18.55 2758.23 10/1/1999 0.02 0.0110/7/1999 1860.48 18.55 2765.09 10/7/1999 0.01 0.00

10/15/1999 1824.92 21.33 2686.66 10/15/1999 -0.02 -0.0310/22/1999 1806.41 19.53 2675.85 10/22/1999 -0.01 0.0011/5/1999 1808.22 17.58 2685.54 11/5/1999 0.00 0.00

11/12/1999 1797.48 17.58 2684.89 11/12/1999 -0.01 0.0011/19/1999 1772.00 16.60 2649.00 11/19/1999 -0.01 -0.0111/26/1999 1772.00 16.60 2673.00 11/26/1999 0.00 0.01

1/7/2000 1805.40 13.76 2798.64 1/7/2000 0.02 0.053/24/2000 1715.05 10.21 2874.54 3/24/2000 -0.05 0.033/31/2000 1663.07 12.20 2768.97 3/31/2000 -0.03 -0.04

4/7/2000 1698.05 11.62 2840.35 4/7/2000 0.02 0.034/14/2000 1644.66 11.62 2744.86 4/14/2000 -0.03 -0.034/19/2000 1632.48 10.25 2736.89 4/19/2000 -0.01 0.004/28/2000 1626.71 10.75 2748.71 4/28/2000 0.00 0.005/5/2000 1596.58 10.74 2713.54 5/5/2000 -0.02 -0.01

5/19/2000 1494.37 10.74 2520.54 5/19/2000 -0.06 -0.075/26/2000 1424.39 10.63 2412.83 5/26/2000 -0.05 -0.046/2/2000 1502.86 10.63 2557.85 6/2/2000 0.06 0.066/9/2000 1486.71 13.29 2534.82 6/9/2000 -0.01 -0.01

7/14/2000 1390.19 10.05 2357.52 7/14/2000 -0.06 -0.077/21/2000 1348.01 10.04 2307.05 7/21/2000 -0.03 -0.028/11/2000 1364.34 8.86 2320.38 8/11/2000 0.01 0.018/18/2000 1436.49 8.47 2383.47 8/18/2000 0.05 0.038/25/2000 1430.44 8.57 2400.32 8/25/2000 0.00 0.019/1/2000 1461.83 8.56 2386.53 9/1/2000 0.02 -0.019/8/2000 1473.01 10.83 2431.90 9/8/2000 0.01 0.02

9/15/2000 1435.47 10.93 2409.78 9/15/2000 -0.03 -0.019/22/2000 1392.09 10.53 2323.26 9/22/2000 -0.03 -0.0410/6/2000 1337.33 10.04 2274.14 10/6/2000 -0.04 -0.02

10/13/2000 1309.46 9.83 2201.00 10/13/2000 -0.02 -0.0310/27/2000 1254.81 9.45 2146.58 10/27/2000 -0.04 -0.0211/3/2000 1250.61 9.35 2144.99 11/3/2000 0.00 0.00

11/10/2000 1213.21 9.42 2082.96 11/10/2000 -0.03 -0.0311/17/2000 1190.63 8.86 2048.96 11/17/2000 -0.02 -0.0211/24/2000 1205.15 8.86 2066.93 11/24/2000 0.01 0.0112/7/2000 1198.79 8.86 2055.20 12/7/2000 -0.01 -0.01

12/15/2000 1195.31 9.06 2019.79 12/15/2000 0.00 -0.0212/22/2000 1188.88 8.86 2032.64 12/22/2000 -0.01 0.01

2/9/2001 1330.42 8.50 2259.67 2/9/2001 0.12 0.112/16/2001 1325.70 9.00 2241.42 2/16/2001 0.00 -0.012/23/2001 1286.82 9.80 2159.08 2/23/2001 -0.03 -0.043/2/2001 1286.83 10.00 2165.14 3/2/2001 0.00 0.00

3/16/2001 1287.03 10.00 2143.97 3/16/2001 0.00 -0.013/23/2001 1269.71 9.10 2113.18 3/23/2001 -0.01 -0.013/30/2001 1271.92 9.09 2128.54 3/30/2001 0.00 0.014/27/2001 1193.78 8.00 2035.88 4/27/2001 -0.06 -0.045/4/2001 1217.66 8.00 2099.82 5/4/2001 0.02 0.03

5/11/2001 1254.73 8.00 2143.96 5/11/2001 0.03 0.026/8/2001 1406.52 8.00 2357.83 6/8/2001 0.12 0.10

6/28/2001 1347.00 7.00 2254.67 6/28/2001 -0.04 -0.047/13/2001 1320.17 6.30 2181.93 7/13/2001 -0.02 -0.037/27/2001 1323.07 6.30 2157.51 7/27/2001 0.00 -0.018/10/2001 1342.98 6.08 2187.33 8/10/2001 0.02 0.018/17/2001 1351.83 6.21 2202.46 8/17/2001 0.01 0.018/24/2001 1360.02 7.01 2212.72 8/24/2001 0.01 0.008/31/2001 1334.71 6.58 2179.99 8/31/2001 -0.02 -0.019/7/2001 1309.12 6.75 2145.49 9/7/2001 -0.02 -0.02

9/14/2001 1279.82 5.85 2096.44 9/14/2001 -0.02 -0.029/28/2001 1217.95 5.76 1999.58 9/28/2001 -0.05 -0.05

10/12/2001 1133.97 3.80 1836.15 10/12/2001 -0.07 -0.0810/19/2001 1137.21 3.80 1853.67 10/19/2001 0.00 0.0110/26/2001 1156.03 4.00 1885.81 10/26/2001 0.02 0.0211/16/2001 1174.95 4.00 1932.63 11/16/2001 0.02 0.0211/23/2001 1172.25 3.06 1924.86 11/23/2001 0.00 0.00

11/30/2001 1167.46 3.00 1906.54 11/30/2001 0.00 -0.0112/21/2001 1170.08 3.00 1905.46 12/21/2001 0.00 0.001/18/2002 1258.92 3.10 2013.84 1/18/2002 0.08 0.062/1/2002 1280.59 2.90 2037.23 2/1/2002 0.02 0.013/8/2002 1305.55 2.66 2081.91 3/8/2002 0.02 0.02

3/22/2002 1314.16 2.35 2100.73 3/22/2002 0.01 0.016/14/2002 1184.86 2.21 1870.43 6/14/2002 -0.10 -0.116/21/2002 1160.65 2.21 1833.69 6/21/2002 -0.02 -0.026/28/2002 1134.93 2.00 1789.99 6/28/2002 -0.02 -0.02

MILPOMILPO Media -0.132536

Varianza 2.1849630.12 Desv. Estándar 1.478162

-0.04-0.01 IGVBL ISVBL-0.10 Media -0.001710 Media 0.0900750.00 Varianza (1) 0.003514 Varianza (3) 1.5803800.10 Desv. Estándar 0.059280 Desv. Estándar 1.257132

-0.04-0.01 Covarianza (2) -0.010888 Covarianza (4) 0.0033620.08

-0.11-0.12 BETA (2)/(1) -3.098503 BETA (4)/(3) 0.0021280.080.100.080.00

-0.09-0.06-0.02-0.050.21

-0.04-0.02-0.05-0.080.00

-0.100.00

-0.03-0.03-0.04-0.01-0.010.120.01

-0.060.130.070.080.090.000.040.00

-0.040.050.01

-0.010.00

-0.020.00

-0.03

0.01-0.020.00

-0.06-0.19-0.20-0.070.000.000.00

-0.070.00

-0.040.06

-0.100.00

-0.010.050.00

-0.01-0.030.000.000.000.000.040.180.260.08

-0.05-0.110.00

-0.060.00

-0.030.000.000.000.00

-1.08-19.06

0.000.000.030.000.15

-0.08-0.100.00

-0.060.00

-0.17-0.260.19

-0.050.00

-0.120.050.000.00

-0.010.000.25

-0.240.00

-0.12-0.040.010.000.270.01

-0.04-0.05-0.02-0.04-0.010.01

-0.060.000.000.02

-0.02-0.040.060.090.020.00

-0.090.00

-0.120.000.000.00

-0.13-0.100.00

-0.030.020.13

-0.060.03

-0.13-0.02-0.340.000.050.00

-0.24

-0.020.000.03

-0.06-0.08-0.12-0.060.00

-0.10

GLORIAFECHA IGBVL ISBVL Cierre FECHA IGBVL ISBVL8/15/1997 2017.31 2909.77 1.011268/22/1997 1981.62 2841.49 1.02249 8/22/1997 -0.01769 -0.023478/29/1997 1974.20 2842.24 1.01126 8/29/1997 -0.00374 0.000269/5/1997 2008.00 2917.76 0.98878 9/5/1997 0.01712 0.02657

9/12/1997 1952.81 2821.47 0.94384 9/12/1997 -0.02749 -0.033009/19/1997 1972.93 2861.65 0.98317 9/19/1997 0.01030 0.014249/26/1997 2009.17 2908.18 0.97193 9/26/1997 0.01837 0.0162610/3/1997 2039.59 2991.61 0.92699 10/3/1997 0.01514 0.02869

10/10/1997 1998.90 2945.81 0.94946 10/10/1997 -0.01995 -0.0153110/17/1997 1983.61 2934.27 1.01126 10/17/1997 -0.00765 -0.0039210/24/1997 1952.51 2903.99 0.96631 10/24/1997 -0.01568 -0.0103210/31/1997 1859.14 2749.84 0.95508 10/31/1997 -0.04782 -0.0530811/7/1997 1870.06 2757.89 0.92699 11/7/1997 0.00587 0.00293

11/14/1997 1750.57 2577.09 0.89890 11/14/1997 -0.06390 -0.0655611/21/1997 1802.07 2690.90 0.83710 11/21/1997 0.02942 0.0441611/28/1997 1780.54 2667.51 0.87080 11/28/1997 -0.01195 -0.0086912/5/1997 1783.46 2679.12 0.89890 12/5/1997 0.00164 0.00435

12/12/1997 1749.62 2597.84 0.84271 12/12/1997 -0.01897 -0.0303412/19/1997 1727.02 2561.37 0.87080 12/19/1997 -0.01292 -0.0140412/26/1997 1758.03 2625.02 0.85395 12/26/1997 0.01796 0.02485

1/2/1998 1786.36 2658.96 0.85395 1/2/1998 0.01611 0.012931/9/1998 1671.81 2486.22 0.89890 1/9/1998 -0.06412 -0.06497

1/23/1998 1639.19 2447.25 0.88766 1/23/1998 -0.01951 -0.015671/30/1998 1624.65 2420.00 0.83148 1/30/1998 -0.00887 -0.011132/6/1998 1690.34 2497.88 0.86519 2/6/1998 0.04043 0.03218

2/13/1998 1653.40 2474.18 0.88766 2/13/1998 -0.02185 -0.009492/20/1998 1608.58 2388.28 0.76968 2/20/1998 -0.02711 -0.034722/27/1998 1585.78 2362.40 0.84271 2/27/1998 -0.01417 -0.010843/6/1998 1627.15 2445.78 0.89890 3/6/1998 0.02609 0.03529

3/13/1998 1642.85 2464.71 1.01688 3/13/1998 0.00965 0.007743/20/1998 1614.71 2404.91 0.98317 3/20/1998 -0.01713 -0.024263/27/1998 1696.52 2570.85 0.88204 3/27/1998 0.05067 0.069004/3/1998 1774.51 2689.39 0.85957 4/3/1998 0.04597 0.046114/8/1998 1762.14 2657.85 0.92699 4/8/1998 -0.00697 -0.01173

4/17/1998 1799.90 2722.66 0.95508 4/17/1998 0.02143 0.024384/24/1998 1861.02 2785.81 0.84271 4/24/1998 0.03396 0.023194/30/1998 1889.50 2809.38 0.83148 4/30/1998 0.01530 0.008465/8/1998 1845.60 2760.17 0.77530 5/8/1998 -0.02323 -0.01752

5/15/1998 1830.14 2745.40 0.73035 5/15/1998 -0.00838 -0.005355/22/1998 1785.01 2650.31 0.73035 5/22/1998 -0.02466 -0.034645/29/1998 1815.12 2671.61 0.73035 5/29/1998 0.01687 0.008046/5/1998 1810.84 2682.40 0.75844 6/5/1998 -0.00236 0.00404

6/12/1998 1723.35 2539.81 0.72473 6/12/1998 -0.04831 -0.053166/19/1998 1662.18 2446.47 0.65732 6/19/1998 -0.03549 -0.036756/26/1998 1626.65 2404.44 0.64608 6/26/1998 -0.02138 -0.017187/3/1998 1649.29 2445.16 0.68541 7/3/1998 0.01392 0.01694

7/10/1998 1712.44 2557.96 0.70226 7/10/1998 0.03829 0.046137/17/1998 1730.01 2608.47 0.73035 7/17/1998 0.01026 0.019757/24/1998 1725.23 2592.18 0.70226 7/24/1998 -0.00276 -0.006257/31/1998 1714.74 2562.23 0.73035 7/31/1998 -0.00608 -0.011558/7/1998 1630.51 2401.39 0.63608 8/7/1998 -0.04912 -0.06277

8/14/1998 1562.91 2296.41 0.61799 8/14/1998 -0.04146 -0.043728/21/1998 1454.70 2104.54 0.57866 8/21/1998 -0.06924 -0.083558/28/1998 1300.49 1877.96 0.61799 8/28/1998 -0.10601 -0.107669/4/1998 1280.99 1846.97 0.51686 9/4/1998 -0.01499 -0.01650

9/11/1998 1248.43 1810.19 0.50001 9/11/1998 -0.02542 -0.019919/25/1998 1259.76 1841.71 0.44945 9/25/1998 0.00908 0.0174110/2/1998 1248.33 1843.11 0.50563 10/2/1998 -0.00907 0.0007610/9/1998 1197.01 1763.58 0.44945 10/9/1998 -0.04111 -0.04315

10/16/1998 1258.18 1903.33 0.44945 10/16/1998 0.05110 0.0792410/23/1998 1273.07 1926.73 0.50001 10/23/1998 0.01183 0.0122911/13/1998 2021.00 103.61 0.41574 11/13/1998 0.58750 -0.9462211/20/1998 2315.26 121.30 0.45507 11/20/1998 0.14560 0.1707411/27/1998 2421.29 126.31 0.42698 11/27/1998 0.04580 0.0413012/11/1998 2182.77 119.39 0.42698 12/11/1998 -0.09851 -0.0547912/18/1998 2101.52 116.69 0.44945 12/18/1998 -0.03722 -0.022611/22/1999 1288.83 1986.06 0.43821 1/22/1999 -0.38672 16.019972/19/1999 1414.92 2190.17 0.39888 2/19/1999 0.09783 0.102772/26/1999 1417.95 2201.15 0.43259 2/26/1999 0.00214 0.005013/5/1999 1449.43 2246.54 0.46630 3/5/1999 0.02220 0.02062

3/12/1999 1462.70 2257.43 0.50001 3/12/1999 0.00916 0.004853/19/1999 1468.43 2276.78 0.43259 3/19/1999 0.00392 0.008573/26/1999 1463.46 2276.77 0.47754 3/26/1999 -0.00338 0.000003/31/1999 1470.28 2286.61 0.47192 3/31/1999 0.00466 0.004324/9/1999 1499.22 2345.71 0.46068 4/9/1999 0.01968 0.02585

4/16/1999 1585.99 2479.06 0.44945 4/16/1999 0.05788 0.056854/23/1999 1640.96 2595.50 0.47754 4/23/1999 0.03466 0.046974/30/1999 1644.29 2591.77 0.49866 4/30/1999 0.00203 -0.001445/7/1999 1706.02 2665.63 0.45929 5/7/1999 0.03754 0.02850

5/14/1999 1695.50 2653.06 0.45273 5/14/1999 -0.00617 -0.004726/11/1999 1699.66 2630.20 0.41336 6/11/1999 0.00245 -0.008628/6/1999 1636.42 2575.48 0.39368 8/6/1999 -0.03721 -0.02080

10/1/1999 1841.59 2758.23 0.41992 10/1/1999 0.12538 0.0709610/7/1999 1860.48 2765.09 0.55771 10/7/1999 0.01026 0.00249

10/15/1999 1824.92 2686.66 0.49209 10/15/1999 -0.01911 -0.0283610/29/1999 1793.74 2678.27 0.48553 10/29/1999 -0.01709 -0.0031211/5/1999 1808.22 2685.54 0.51178 11/5/1999 0.00807 0.00271

11/12/1999 1797.48 2684.89 0.46585 11/12/1999 -0.00594 -0.0002411/19/1999 1772.00 2649.00 0.42648 11/19/1999 -0.01418 -0.0133711/26/1999 1772.00 2673.00 0.36087 11/26/1999 0.00000 0.0090612/3/1999 1816.66 2773.09 0.38711 12/3/1999 0.02520 0.03744

12/10/1999 1803.56 2758.10 0.39368 12/10/1999 -0.00721 -0.0054112/23/1999 1783.39 2750.62 0.39368 12/23/1999 -0.01118 -0.0027112/30/1999 1835.57 2815.14 0.44617 12/30/1999 0.02926 0.02346

1/7/2000 1805.40 2798.64 0.37399 1/7/2000 -0.01644 -0.005861/28/2000 1830.26 2920.94 0.36087 1/28/2000 0.01377 0.043702/11/2000 1850.19 3033.08 0.37399 2/11/2000 0.01089 0.038392/18/2000 1807.33 2973.56 0.32806 2/18/2000 -0.02317 -0.019623/17/2000 1742.00 2894.46 0.32806 3/17/2000 -0.03615 -0.026603/24/2000 1715.05 2874.54 0.29526 3/24/2000 -0.01547 -0.006886/9/2000 1486.71 2534.82 0.37317 6/9/2000 -0.13314 -0.118188/4/2000 1354.75 2302.28 0.32449 8/4/2000 -0.08876 -0.09174

8/11/2000 1364.34 2320.38 0.30016 8/11/2000 0.00708 0.007868/25/2000 1430.44 2400.32 0.34072 8/25/2000 0.04845 0.034451/26/2001 1267.66 2165.89 0.31638 1/26/2001 -0.11380 -0.09767

6/1/2001 1328.18 2258.92 0.32050 6/1/2001 0.04774 0.042956/8/2001 1406.52 2357.83 0.30317 6/8/2001 0.05898 0.04379

7/27/2001 1323.07 2157.51 0.35515 7/27/2001 -0.05933 -0.084968/10/2001 1342.98 2187.33 0.34648 8/10/2001 0.01505 0.013829/7/2001 1309.12 2145.49 0.34648 9/7/2001 -0.02521 -0.01913

10/26/2001 1156.03 1885.81 0.32916 10/26/2001 -0.11694 -0.1210411/16/2001 1174.95 1932.63 0.33782 11/16/2001 0.01637 0.0248311/23/2001 1172.25 1924.86 0.38979 11/23/2001 -0.00230 -0.0040212/14/2001 1160.82 1890.72 0.35515 12/14/2001 -0.00975 -0.0177412/21/2001 1170.08 1905.46 0.35515 12/21/2001 0.00798 0.00780

2/1/2002 1280.59 2037.23 0.36381 2/1/2002 0.09445 0.069152/22/2002 1263.48 2004.39 0.36381 2/22/2002 -0.01336 -0.016123/15/2002 1291.51 2062.65 0.38979 3/15/2002 0.02218 0.029073/27/2002 1299.76 2075.93 0.39846 3/27/2002 0.00639 0.006444/5/2002 1293.58 2074.54 0.39846 4/5/2002 -0.00475 -0.00067

4/12/2002 1273.99 2028.21 0.43311 4/12/2002 -0.01514 -0.022335/3/2002 1252.64 1989.31 0.43311 5/3/2002 -0.01676 -0.01918

5/24/2002 1234.75 1963.06 0.38697 5/24/2002 -0.01428 -0.013206/14/2002 1184.86 1870.43 0.43534 6/14/2002 -0.04040 -0.047196/21/2002 1160.65 1833.69 0.43534 6/21/2002 -0.02043 -0.019646/28/2002 1134.93 1789.99 0.43534 6/28/2002 -0.02216 -0.02383

GLORIAGLORIA Media -0.003414

Varianza 0.0068120.01110 Desv. Estándar 0.082537

-0.01098-0.02223 IGVBL ISVBL-0.04545 Media -0.001927 Media 0.1182620.04167 Varianza (1) 0.005689 Varianza (3) 2.064497

-0.01143 Desv. Estándar 0.075422 Desv. Estándar 1.436836-0.046240.02424 Covarianza (2) -0.000489 Covarianza (4) -0.0013340.06509

-0.04445-0.01162 BETA (2)/(1) -0.085917 BETA (4)/(3) -0.000646-0.02941-0.03030-0.068750.040260.03227

-0.062510.03333

-0.019350.000000.05264

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-0.134840.10391

-0.01177-0.02382-0.024380.062500.04423

-0.07895-0.01428-0.08696-0.047610.066650.32813

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-0.08975-0.08451-0.153840.072710.016970.000000.13333

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0.01302-0.054070.17145

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-0.106530.125000.000000.00000