PORTAFOLIO DE 5 ACTIVOS FINANCIEROS

PASO 1 Rendimiento de la inversin aqui

ao rendim. A rendim. B rendim. C rendim. D rendim. E

2012 7.00% 15.00% 20.00% 12.00% 17.00%
2013 7.50% 14.00% 15.00% 15.00% 13.00%
2014 8.00% 13.00% 11.00% 18.00% 9.00%
2015 10.00% 11.50% 11.00% 10.00% 16.00%
2016 13.00% 10.80% 16.00% 14.00% 12.00%

PASO 2 Calcular el promedio de la inversin

PROM. DE RENDIMIENTO
A 9.10%
B 12.86%
C 14.60%
D 13.80%
E 13.40%

PASO 3 Realizar la resta el rendimiento del promedio

(ra-ra) (rb-rb) (rc-rc) (rd-rd) (re-re)

A -2.10% 2.14% 5.40% -1.80% 3.60%
B -1.60% 1.14% 0.40% 1.20% -0.40%
C -1.10% 0.14% -3.60% 4.20% -4.40%
D 0.90% -1.36% -3.60% -3.80% 2.60%
E 3.90% -2.06% 1.40% 0.20% -1.40%

PASO 4 Al resultado anterior lo elevamo a la 2

(ra-ra)^2 (rb-rb)^2 (rc-rc)^2 (rd-rd)^2 (re-re)^2

A 0.04% 0.05% 0.29% 0.03% 0.13%
B 0.03% 0.01% 0.00% 0.01% 0.00%
C 0.01% 0.00% 0.13% 0.18% 0.19%
D 0.01% 0.02% 0.13% 0.14% 0.07%
E 0.15% 0.04% 0.02% 0.00% 0.02%
Riesgo x activo 2.20% 1.55% 3.38% 2.71% 2.87%
TA TB TC TD TE

PASO5 Hallar la Covarianza

-0.04% -0.11% -0.30% -0.08% 0.12% -0.04% 0.08% -0.10% 0.19% -0.06%
-0.02% -0.01% -2.80% 0.01% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00%
0.00% 0.04% -5.30% 0.05% -0.01% 0.01% -0.01% -0.15% 0.16% -0.18%
-0.01% -0.03% 4.70% 0.02% 0.05% 0.05% -0.04% 0.14% -0.09% -0.10%
-0.08% 0.05% 3.70% -0.05% -0.03% 0.00% 0.03% 0.00% -0.02% 0.00%
COVARIANZA -0.03% -0.01% 0.00% -0.01% COVARIANZA 0.03% 0.01% 0.01% COVARIANZA -0.02% 0.05% COVARIANZA -0.07%
A*B A*C A*D A*E B*C B*D B*E C*D C*E D*E

PASO 6 Determinar la inversin y la participacin

INVERSION
act. finan inversion part./peso/w
A 20,000.00 20%
B 15,000.00 15%
C 35,000.00 35%
D 15,000.00 15%
E 15,000.00 15%
total 100,000.00 100%

PASO 7 Hallar el rendiemiento de portafolio

rp = 12.94%

PASO 8 Hallar el riesgo de portafolio

TP = 1.38%