Está en la página 1de 22

Annual Drift

Annual Volatility
Daliy Drift
Daily Volatility
Mean
Initial Price

10%
40%
0.04%
2.52%
0.0079%
100

Random Number
N(0,1)

0.585
0.215

0.641
0.362

0.775
0.756

0.866
1.108

0.315
-0.482

0.364
-0.347

Simulated Return

0.550%

0.919%

1.914%

2.800%

-1.207%

-0.866%

100.55179 101.480534

103.44136

106.37894

1.914%

2.800%

Price
Simulated Return

0.550%

0.919%

105.1026 104.195931
-1.207%

-0.866%

Price
110
105
100
95

0.046
-1.682

0.630
0.332

0.587
0.219

0.034
90
-1.828

0.472
-0.069

0.385
-0.291

0.035
-1.816

-4.230%

0.845%

0.560%

-4.598%
80

-0.166%

-0.726%

-4.568%

99.880768

100.72829

-4.230%

0.845%

85

1

101.29367 96.7420424
0.560%

-4.598%

2

3

96.581149
-0.166%

4

5

6

7

8

95.882706 91.6013773
-0.726%

-4.568%

9

10

11

Price 11 12 13 .

Download the last 1 year data for any company and after downloading can you calculate the annual drift? 1st convert price into returns by applying formula ln(p2/p1) Sum all the returns which is equal to annual drift Calculate the variance from drift which is voltility daily drift = annual drift/252 daily volatility = annual volatility/sqrt(252) calculate mean note initial price .

e annual drift? .

16206 48.00098 888.02802 863.844 850 851.1 880.95 852.1379 809.449 846 853.13 842.2 0.917 872 880.1379 809.617 855 864.333 863.5 2607.81206 56.01254 890.45 0.35 -0.1379 x .61206 81.2 0.009901 844.1379 809.041292 830.1379 809.1 820.13 855 865 1950.05 837.5 1525.1379 809.4 0.3 831 817 805 826.2 0.1379 809.96206 62.00348 864.2 -0.25 847.1379 809.8 2481.066 872.7586 848 848 1047.25 838.3 0.9 851 1333.596 848.85 3221.1379 809.01608 828.76206 48.3 -0.56206 48.4 -0.1379 809.1379 809.1379 809.25 -0.3 849.1379 809.05 -0.95 1475.0092 853.00035 848.9 3015.65 863.8 1373.209 858.6 2295.1379 809.46206 48.444 862 872.9 6636.7 1525.1379 809.942 896 896.41206 39.6 -0.75 843.1379 809.784 858 862.9 1954.2 0.95 844.1379 809.11206 36.2 853.25 0.8 861.1379 809.1 840.76206 37.05 857 851.5 843.1 867.1 831.1379 809.00406 817.241 866.004734 853.45 454.1379 809.1379 809.1379 809.6 850 854.001435 848.1379 809.1379 809.218 860 907 2993.8 841 854 853.1379 809.06206 42.95 0.9 -0.706 867.1379 809.05 862 857.003945 863.6 861 1637.5175 824.91206 79.738 876 885 4470.81206 15.1379 809.31206 19.45 830.51206 8.0007 876 -0.943 838.66206 61.565 849.99674 830.15 827.9 2319.00683 858.441 848.1 841 850.5 -0.1379 809.16206 54.86206 (x-mean)^2Open Price High Price 4483.81206 32.1379 809.06206 54.1379 809.00605 859.21206 50.00303 845.9 850 903.5 855.275 817 855 64.1 876.024182 857.6 867 2966.46206 51.1 871.00329 861.01796 871.2 -0.027 852.1379 809.8 2731.533 872 880.05 -0.000291 865.005322 838.91206 52.844 850 859.5 0.01731 841.6 -0.9 -0.95 888.8 0.91206 40.977 855 868 1841.26206 36.05 865.2 867.1 895 Low Price 860.9 -0.65 2922.00492 870.85 870 1959.7272 844.95 3278.8 1336.55 837 237.9 1113.303 850.287 863.322 857.31206 57.008731 857.4 856.1379 809.45 -0.5314 838.7 0.1379 809.584 858 863 2377.3 853 861 869.05 0.792 870.4 0.45 862.26206 44.51206 33.409 870 875 4304.1379 809.36206 36.006 845.334 888 890 6314.005812 845.06206 35.026009 851.6 852 851.01362 857.95 3926.010192 852.062055 21.85 0.05 835 836 833.028248 874.55 0.5 872.Price Date 6/30/2011 6/29/2011 6/28/2011 6/27/2011 6/24/2011 6/23/2011 6/22/2011 6/21/2011 6/20/2011 6/17/2011 6/16/2011 6/15/2011 6/14/2011 6/13/2011 6/10/2011 6/9/2011 6/8/2011 6/7/2011 6/6/2011 6/3/2011 6/2/2011 6/1/2011 5/31/2011 5/30/2011 5/27/2011 5/26/2011 5/25/2011 5/24/2011 5/23/2011 5/20/2011 5/19/2011 5/18/2011 5/17/2011 5/16/2011 5/13/2011 5/12/2011 5/11/2011 5/10/2011 5/9/2011 5/6/2011 5/5/2011 5/4/2011 5/3/2011 5/2/2011 4/29/2011 4/28/2011 Close Price (x) 876.55 -0.mean 66.115 857 869.41206 29.009224 849.31206 44.1379 809.00195 846.11206 42.41206 30.45 -0.000117 863.012 860.75 -0.36206 38.021737 866.1379 809.00598 839.706 859.005063 849.76206 66.1 .71206 65.2 876.01091 857.26206 47.06206 39.1379 809.1379 809.65 -0.02088 Mean 809.06206 49.1379 809.001808 824.46206 62.05 895 3882.95 0.856 847 850 1351.534 854.1379 809.003732 847.00236 853.55 0.06206 54.1379 809.75 1232.1379 809.95 -0.7 841 844.1379 809.00806 857.25 3771.2 -0.1379 809.1379 809.6 -0.055 855.06206 44.1 871.81206 40.178 860 864 2334.486 838.2 -0.00492 842.65 -0.15 844 847 853.1 1807.931 857 871 2382.5 839.1379 809.5 2506.95 0.6 0.1 834 841 844.9 1608.2 818.2037 830 837 392.46206 54.

010185 0.1379 809.1379 809.81058 59.1207 10.8 817.65 790.86206 5.26206 18.95 817 805.1379 809.4379 -68.0087 0.85 790.74 17001.1866 1309.1379 809.00374 -0.4/27/2011 4/26/2011 4/25/2011 4/21/2011 4/20/2011 4/19/2011 4/18/2011 4/15/2011 4/13/2011 4/11/2011 4/8/2011 4/7/2011 4/6/2011 4/5/2011 4/4/2011 4/1/2011 3/31/2011 3/30/2011 3/29/2011 3/28/2011 3/25/2011 3/24/2011 3/23/2011 3/22/2011 3/21/2011 3/18/2011 3/17/2011 3/16/2011 3/15/2011 3/14/2011 3/11/2011 3/10/2011 3/9/2011 3/8/2011 3/7/2011 3/4/2011 3/3/2011 3/1/2011 2/28/2011 2/25/2011 2/24/2011 2/23/2011 2/22/2011 2/21/2011 2/18/2011 2/17/2011 2/16/2011 853.512055 -18.85 755 748 757.1379 809.5 661.1379 809.1379 809.9 848.6879 -86.95 700 715.062055 2.1379 809.8 708 703.2 840 818.3232 9.1379 809.00632 0.1379 809.75 783.01784 -0.05 805.001357 0.1379 809.4 785.8 835 824.7 841.2 720 729 720 714.024333 0.038 -145.016913 -0.75 729 729.35 742.5 796.1 740 735 734 730.015598 -0.41485 25.9379 -63.25 736.9879 -11.01858 0.1379 809.269 697.73794 -19.15 797.1379 809.1379 809.45 809 817 797.1379 809.050834 0.712055 15.0379 -59.026087 0.6 772.005537 0.014517 -0.376183 6.4 735.9879 -62.4 15948.1651 513.1379 809.3879 -120.25 12329.7879 -67.1379 809.05 820.1 749.23794 -8.95 750.00133 0.6 685 686 686.1379 809.1879 -82.681 4068.00393 0.8879 -95.28794 -7.638 -147.87579 372.1379 809.84 836 827.1379 809.006036 -0.310422 338.013239 0.1379 809.5688 75.5 663 855 840 838.25 713.1 792 786 781.35 710 727 690 687 670 677.05 818.00224 0.1379 809.000677 0.6 662.4 808.85 825 814.4 827.7 710.2 811.01499 0.2879 -73.888 1928.773 14529.538 -146.5 663 668.35 775 783 806 784 780.1379 809.8879 -74.1379 809.5 795 800 826.75 688.8879 3.2 745.622 5356.1379 809.91206 26.8 729 747.75 668.55 749.538 -126.015441 -0.475 4940.013684 0.48429 65.009083 0.1 657.388 -140.37 21561.1379 809.488 -130.000453 -0.85 735.9 676.013093 -0.2 661.1379 809.4 789 779 768 742.498 9060.006486 0.04355 0.9 822.7 674 665 833.00979 0.1 663.026548 0.6 682.5 662.89991 251.25 0.41206 18.00098 -0.2 788.25 812.5 831.1379 809.1379 809.745 6787.01777 0.38 20345.020728 0.894 5541.1379 809.8 670 700 663.6226 675.1 804 807 802 794 791 782 797.1379 809.88718 10.1379 809.1379 809.1 824.086 3568.43 21210.6 744 750 735.4 688 675 666.2379 -25.15 746.05 .35 698.08794 -3.9 735 734.95 741 750 749 743.2 660.838 -142.788 -111.95 738.25 790.5379 -36.25 734.5 760 740.216 3954.05 804.41 21473.012055 -3.018111 -0.902 4494.3879 -25.65 713.9 801.1379 809.2879 -18.08794 -5.36206 22.5 743.4 789.00518 0.00437 -0.65 664 659 640 657.395 5474.35 665.009802 -0.00502 -0.85 801.9 783.0078 0.1379 809.3 666.1379 809.64 21166.1879 -70.2 808.55 827.1379 809.165 9194.3733 141.05 660 659.1379 809.25 815 815 817.288 -145.1879 -58.7 825 803 785 790 753.35 714.1165 652.6048 25.008 4718.053922 0.1379 809.1379 809.7379 -73.1379 43.85 663.05 814.1379 809.05 657.00012 -0.1379 809.638 -146.05 775.1379 809.95 737 741.8 804 812.007908 809.85 768.45 722.034 7480.2 829.5 721 716.66206 8.02852 -0.1379 809.58 21870.02 19821.0248 332.009847 -0.6 668.5967 333.029875 0.4 790 790 793.1379 809.7 740.008385 0.4879 -95.1379 809.05 835.65 678.0225 0.5 745 825.15 805.95 726.567 3473.2 666.5027 337.

2 706.65 -0.1379 809.1 712.85 720 750 755 751.3 660.938 -91.1379 809.9 779.238 -190.007264 0.95 807.1379 809.9 757.8 775 779 788.1379 809.48794 -31.9879 -48.00189 -0.3 690 698 695.161 3604.25 742.00219 0.022836 0.8 708.9 792.3879 -6.3 759.5 794 785 774 799.8 811 803.00493 0.01002 -0.7 769.0879 -2.338 -100.394 5247.15 738.8 753 749.4379 -101.564 4912.002167 -0.6879 -60.008438 -0.9 654 677.7 697 709 703 725 753 699 719 750 744 741 739 730 750.5 663.4879 -59.00168 0.45678 21.007859 0.1379 809.1379 809.1379 809.7879 -10.33 13534.1379 809.1379 809.4379 -48.65 777.25 8628.8 659 649 626.1 810.0379 -67.11 2351.039949 -0.01567 0.6879 -67.1379 809.007399 0.979 1118.538 -163.65 799.2 752.001353 -0.0394 744.05 666.3 741.04633 -0.0118 -0.1 804.0879 -71.412055 -16.7 703.1379 809.9 717.95 801 808.3 732.68794 -6.1379 809.234 1563.007943 -0.00427 0.85 759.1 782 770 770 777 779 787.15 702.5 736.03794 1.1379 809.1379 809.1379 809.75 775.2 776.5379 -32.00853 0.028739 -0.1379 809.1379 809.55 734 726.658 4615.09343 1023.02121 -0.69 21079.1379 809.1379 809.8 765 768 754.25 794.1379 809.35 798.05 807.9379 -70.931 4581.02676 0.2879 -49.1379 809.541 4615.8128 36.05 763.55 792.05 737.03833 -0.01516 0.1379 809.6 776.333 3823.2 717.988 -106.997 101.8 605 636.9939 285.616 5334.012064 -0.02191 0.1379 809.2 765 766.04342 -0.8879 -72.1379 809.2 792 799 800 780.97683 42.55 781.032996 -0.1379 809.088 -142.6319 2444.049 109.1379 809.9 753.2 726.4879 -10.9379 -32.1379 809.1379 809.096 466.0085 -0.35 595.75 692.7 750 744.1379 809.25 736.1 795.002905 0.75 802.01163 -0.05 777.288 -92.45 802.1379 809.02511 0.1379 809.48794 -12.0069 0.008657 -0.1379 809.000337 -0.9879 -56.5 821.1379 809.4379 -21.5879 -27.56 11435.25 782.1379 809.1379 -146.9 751.15 752.0005 -0.2/15/2011 2/14/2011 2/11/2011 2/10/2011 2/9/2011 2/8/2011 2/7/2011 2/4/2011 2/3/2011 2/2/2011 2/1/2011 1/31/2011 1/28/2011 1/27/2011 1/25/2011 1/24/2011 1/21/2011 1/20/2011 1/19/2011 1/18/2011 1/17/2011 1/14/2011 1/13/2011 1/12/2011 1/11/2011 1/10/2011 1/7/2011 1/6/2011 1/5/2011 1/4/2011 1/3/2011 12/31/2010 12/30/2010 12/29/2010 12/28/2010 12/27/2010 12/24/2010 12/23/2010 12/22/2010 12/21/2010 12/20/2010 12/16/2010 12/15/2010 12/14/2010 12/13/2010 12/10/2010 12/9/2010 662.2879 -61.4379 -39.249 1048.65 749.032285 0.5 823 824.4879 21502.188 -166.554 3168.55 655.95 714 729.2027 696.1379 809.638 -145.046278 -0.32 5139.1 737 744 777 799 800 807 810 798 785 805 794.03794 -4.54 27801.3 803.1379 809.2 736.65 796.555 3904.1 688 701.1379 809.0379 -62.35 740.71 26597.7 787.35 725.021394 -0.45 804.003276 -0.2 739.95 649 647.02832 -0.68 20274.388 -116.45 741.52 10198.564 1075.7 760.1379 809.00334 -0.1 753 748.1379 809.8879 -66.2 800 804.1 746.00224 0.8379 -6.8879 -26.4 798 796 776.00125 809.1379 809.54 25997.1379 809.743 3598.85 716.6379 -73.7666 4.17 4440.3879 -33.00925 0.15 760.1379 809.95 642.1379 809.03154 -0.85 747.256 10259.6 646.67 36304.153218 1.09343 164.75 746.1 741.03599 0.1 730 742.229 2346.9 618.3 788.2 773 771 759 751 755 .72 8443.8379 -67.9 615 654 677.081 669.4 647.1379 809.738 -161.3236 42.7 707.1379 809.1 726.1379 809.9 814.45 749.1 775 765 762 798 673 669 654.7 763 782 802 807 814.8 744 744.

5 765.3121 114.5 869.2 888.75 864 854.4879 36.1379 809.95 869 858 868.25 860 865 869 846.1379 809.1379 809.8 897.1 861.1379 809.00044 0.68794 -9.53794 -5.2121 113.5 917 918 890.25 923.25 15703.11206 104.5 870 885 900 912.1 863 866.9 809.001062 -0.1379 809.2 750 735 756.11 13044.00262 0.45 799.6 863.2 794.1379 809.1379 809.01838 -0.1 864 881.9869 75.5 955 921 933 935 921.05 770.012702 0.1379 809.899 1961.1379 809.96236 24.99 16093.9621 91.16206 50.3833 227.7 785 755 794.716 1686.25 914 911.00139 0.9 803.45 923.9 848 864 877 862 868 851.45 922.01119 0.023016 -0.1379 809.6 915.422 271.01524 0.6 833 830.15 855 849 856 850 854.02122 0.96206 56.002629 -0.1379 809.51206 13.5 822.1379 809.001047 -0.322 3327.1379 809.4 911 906 908.1379 809.65 845.81206 45.010535 0.631 10996.75 835.6 803.1 921.45 6274.2 857.099 2648.1 865.949 2496.022266 0.01206 92.05 850.005045 -0.1379 809.3 848.15 870 900 908 912 901.012 12794.9 905.01922 0.1379 809.16206 38.66206 45.092 2382.1 909.7 932.14 9276.21206 92.1379 809.000758 -0.91206 41.1379 809.2879 -16.18 8283.148 1702.01768 -0.1 896.5 920 930 923 934.078 10601.01405 0.1379 809.1379 809.00907 -0.0053 -0.05 790 795.0357 -0.95 901.12/8/2010 12/7/2010 12/6/2010 12/3/2010 12/2/2010 12/1/2010 11/30/2010 11/29/2010 11/26/2010 11/25/2010 11/24/2010 11/23/2010 11/22/2010 11/19/2010 11/18/2010 11/16/2010 11/15/2010 11/12/2010 11/11/2010 11/10/2010 11/9/2010 11/8/2010 11/5/2010 11/4/2010 11/3/2010 11/2/2010 11/1/2010 10/29/2010 10/28/2010 10/27/2010 10/26/2010 10/25/2010 10/22/2010 10/21/2010 10/20/2010 10/19/2010 10/18/2010 10/15/2010 10/14/2010 10/13/2010 10/12/2010 10/11/2010 10/8/2010 10/7/2010 10/6/2010 10/5/2010 10/4/2010 790.4 836.8 873 874 870.05 10498.65 822.1121 114.1379 809.47 13563.694 1514.48038 90.00325 -0.35 922.6461 1481.029912 0.45 934.26206 27.194 8512.05522 -0.1379 809.21206 51.00255 0.00277 0.65 935.207 2726.06206 79.1379 809.5 832.15 894 870 889.02224 -0.557 765.3 860 859.1379 809.0383 -0.5 948.46206 32.1379 809.1379 809.1 900.617 4285.34 13067.9 808.7 805 769 750 760 790 842 852 843 840 860 849 861.1379 809.2 923.95 854.97239 27.00813 -0.1379 809.1379 809.287 7193.9 815 809.01195 0.01437 809.81206 102.1379 809.085 8484.176 2586.1379 -18.013188 -0.1 824.36206 60.5445 3607.06206 48.9 929 953.85 804.39 12884.95 912.013236 -0.8523 1307.1379 809.35 901.45 822.1379 809.15 901.9 898 880 872.06431 -0.02179 -0.85 792.02195 0.9 912.0013 -0.81206 65.7621 96.1379 809.2 779 801.8621 352.81206 92.25 813.61206 26.1893 2080.000871 0.41 11398.46 718.5 850.36206 41.65 751.02523 -0.8 854.4621 116.01519 -0.1379 809.9 901 895.3121 125.011475 -0.31206 113.6 841.1379 809.95 874.4879 -57.9 810 814 783.2 842 841.35 860.1379 809.008299 -0.86206 49.6879 -44.26206 84.7879 -8.28794 -4.35 800.98 802 765 814.95 798 849.1379 809.8621 102.85 943.65 936 -0.0879 -38.45 764.96206 52.5 894.75 900 916 913 927 929 918 915 932 943.1379 809.1379 809.8863 2057.6 925.006144 0.8 774.01184 0.903 3154.25 810.0127 0.2 856 858 839.2 929 .1379 809.034 178.9 914 916.4621 106.1379 809.1379 809.1379 809.9 878 871 845 870 888 901.281 2911.1379 809.93794 -15.9 859.55 8614.343 1057.1379 809.016122 -0.46206 53.4 893.5121 126.1379 809.

3909 472.2 799.18 19380 9498.3975 99.75 872.1379 809.3 813 855.5879 -31.01098 -0.9 784 785 789 785 783 786.1379 809.642 683.3379 -48.1 770 760 767 780 771 770 770 771.6 757.1379 809.052 2987.71 994.1379 809.00512 -0.201 1245.001158 -0.6 780 771.35 777.6 777.5 796 806.1 776 785.001436 0.61206 63.036093 0.6876 652.1379 809.6879 -20.9911 438.011773 0.480066 1399.0041 -0.6 773.00954 0.502 1431.05 812.05 784 780 782 780.9 777 779.1379 809.1379 809.5379 -35.00237 0.045022 0.4 785 779 765.45 788.75904 34.25 773.1379 809.764 2196.2379 -32.8092 1032.8379 -31.66206 32.0138 -0.031201 0.01158 0.1 771 770 767 765.75 881.1 770 772 745 758 750.85 782.8 867.5 786 784.005416 -0.007564 0.662 1034.9 847 830.55 841.4 780 779 780 776.1379 809.85 773.005572 0.6379 -28.00787 -0.715 2399.88685 427.16206 13575.376183 104.6 783 782 778.8 842.002913 -0.1379 809.9 781 779.35 765.06 12501.98794 -5.1379 -27.88794 2.95 845 840 840.0879 -26.1379 809.7 804 787.5879 -25.1379 809.000317 -0.35 800.055 2478.1379 809.9 789.2879 -26.8121 130.3 0.10/1/2010 9/30/2010 9/29/2010 9/28/2010 9/27/2010 9/24/2010 9/23/2010 9/22/2010 9/21/2010 9/20/2010 9/17/2010 9/16/2010 9/15/2010 9/14/2010 9/13/2010 9/9/2010 9/8/2010 9/7/2010 9/6/2010 9/3/2010 9/2/2010 9/1/2010 8/31/2010 8/30/2010 8/27/2010 8/26/2010 8/25/2010 8/24/2010 8/23/2010 8/20/2010 8/19/2010 8/18/2010 8/17/2010 8/16/2010 8/13/2010 8/12/2010 8/11/2010 8/10/2010 8/9/2010 8/6/2010 8/5/2010 8/4/2010 8/3/2010 8/2/2010 7/30/2010 7/29/2010 7/28/2010 925.75 872.1379 809.15 769 759.006221 809.1379 809.25 813 850 832.7379 -35.9 778.00058 0.001221 -0.1379 809.1379 809.55 777.011119 0.7879 -43.95 776.8155 383.012628 -0.006737 0.226 3995.1379 809.3379 -21.1379 809.1379 809.00813 -0.1922 736.8 787.9879 -40.1379 809.05 782.5 801 815.1379 809.65 920.5121 111.8 774.7 780.1866 691.2 867.35 906.25 818 945 954.642 1277.5 776.85 872.95 939.25 764.1379 -29.86206 54.001278 0.642 975.8 760.95 974.65208 79.0036 0.1379 809.384 994.1379 809.1379 809.025522 -0.239 1266.2379 -19.1379 116.91206 3.016511 0.3 779 783 785 804 780 798 808 788 790 836.04161 0.55 771.2121 97.1379 -49.1379 809.2879 -35.25 806.4 785 788.1379 809.5 781.35 948.014793 0.95 960 915 879 874 875 850.8 794 784 786.4 773.9 968 922.5879 -37.7379 -7.838 4059.3 777.1379 809.1379 809.062055 -10.21206 46.1379 809.1379 809.66789 8.4 801.25 865 842 814 806.05 846.1379 809.2121 139.839 1917.1379 809.8 782 784 782.912055 37.6 782.01978 -0.75 786 796.94 1083.000388 0.1379 809.75 786.05 797.1379 809.9 789 789.93794 -20.45 812 799 836.00509 -0.46206 69.00907 0.4297 935.1379 809.6224 994.056 709.5382 60.0109 -0.5379 -31.9379 -9.4 773.1379 809.3 912 878.5379 -26.5379 -26.35 856 863.203 9.9 789.7879 -31.847 860.5801 788.41206 32.00039 0.1379 809.01588 0.1379 809.001855 -0.819 1611.1379 -30.1379 809.8 831 806 .3 768.15 803.1379 809.025502 0.1379 809.2 798.2 788.7 795.6 878.1379 809.5 785 786.398 910 954.94 16955.468 920.2379 -30.78794 -8.000573 0.1 877 879 866.000447 0.8 793.01892 -0.1379 809.3 803.55 783.01756 0.2 783 779.000958 0.00692 0.852 4845.25 812.9326 688.3 805.1379 809.1 781.1379 809.05 814 803.71206 63.8 857 884 905 893 931.

7/27/2010 7/26/2010 7/23/2010 7/22/2010 7/21/2010 7/20/2010 7/19/2010 7/16/2010 7/15/2010 7/14/2010 7/13/2010 7/12/2010 7/9/2010 7/8/2010 7/7/2010 7/6/2010 7/5/2010 7/2/2010 7/1/2010 814.51206 60.2 872.001973 -0.037 1128452 4460.1379 809.1379 809.8 864 864 863 863 867 852 842 855 852 860.0004 0.75 860.285 66.55 861.85 847.1379 809.1379 809.1379 809.91206 52.05 861.05 809.738 1854.785 2592.509 2668.95 864 864.78537 7.8E-05 0.05 785 850 835 855 850.006666 -0.15 .19 3126.85% 809.3 846 845.709 3704.1379 809.9 852.4258 943.1379 809.15 860.1379 809.001685 1.089 3685.1379 809.00012 -0.9 866.21206 52.66206 54.45 875 864.5 860.71206 60.62% 830.61206 53.1379 809.00296 0.7 874.2 860.95 857.55 869.1379 0.1 858.01578 -0.158 2768.002087 5.8 863.75 862.341 4021.41206 52.00948 -0.1379 809.1379 809.1379 809.71206 38.85 847.968 2938.5 860.05 865.623 1506.91206 0 30.01167 0.954 3661.1379 809.56206 30.1379 809.75 865 867 869.71206 38.36206 51.947 2747.0236 0.1379 809.85 869.1379 809.81206 48.25 870.1 860 868 880 874 875.76206 43.06206 63.5 860.1379 809.024 2741.41206 60.7 867 870 864 864.7 839.1379 809.003099 0.5 865 880 867.005706 0.00087 0.003822 -0.93646 308.7 826.5 830.562055 17.032128 -0.028 2847.01462 -0.376 2377.1379 5.5 860 861 860.86206 55.00023 -0.65 870 865.9 867 802 785 832.36206 50.1 869 864.05 847.2303 1498.35 861.

Traded Value Number Of Traded Trades Quantity 5669226 455 6512 11186615 709 12773 18167986 1128 20965 4899693 453 5784 14639643 882 17319 5185148 412 6305 2927693 286 3523 5039471 384 6075 6146153 600 7399 3397290 246 4036 2193303 262 2594 4902866 376 5827 3646497 345 4318 9804293 500 11622 2973307 213 3531 2554381 161 3022 2241929 175 2645 3860175 290 4555 3058861 277 3587 4562033 300 5311 4393202 366 5118 8270861 516 9597 5725488 452 6614 4823066 420 5626 6787669 494 7926 16583456 1100 19503 7303071 421 8515 6335332 376 7411 5679260 396 6648 7586967 542 8822 8686858 757 10250 6331535 501 7379 8684855 742 10089 9420721 549 10982 12684072 839 14666 32303619 1765 36928 1.7E+08 9122 191508 11839106 741 13672 8451364 675 9553 14532190 990 16535 25543924 1267 29498 32764539 2136 38370 7846380 633 9204 10185587 702 11947 17264707 1156 19884 60984918 3487 69269 .

21638015 9369927 6165134 6035890 11318860 7696904 40218249 17773197 12074027 10820908 16686108 18759244 18567579 7243620 10488511 10667835 11972265 12820133 15881693 16237494 26497403 47960865 4186699 6607377 21430837 15207141 6945406 12844261 12713641 17964531 27390894 18740319 8858350 7363095 13732033 1.29E+08 13410559 10671860 8527709 10674963 12959850 1490 732 500 480 791 626 3440 1068 862 584 970 1053 1133 528 760 709 920 844 1117 984 1354 2478 388 420 1548 993 623 965 969 1224 1755 1358 650 649 1254 8530 1109 595 729 1240 3886 15475 433 377 546 798 493 25532 11245 7431 7259 13644 9393 48581 21896 15060 13556 20783 23408 23063 9146 13318 13583 14716 15611 19808 20557 33908 62266 5591 8857 28383 20360 9399 17167 17365 24300 37126 25494 12289 10254 19230 183939 17466 10499 15779 23035 104740 485810 20318 16115 12781 15996 19587 .35E+08 12056368 7127437 10657232 15551882 70246393 3.

15593003 9998794 8214840 17481268 18919116 21897698 13712116 10150175 5984799 13318038 17345012 21729227 10921730 18373851 4194340 6458603 7419219 5817464 10361795 4932968 8088250 9975864 9903577 22921730 33866474 25382192 14022490 14975475 15969795 23656103 14211189 17814985 13164465 9401203 7027814 17376596 53610267 30603673 9081704 18837241 3955256 4178177 2298967 3713674 6020797 13266231 9474235 948 869 864 1679 1488 2055 1210 826 614 809 1193 1582 745 1096 382 557 566 460 714 404 502 466 739 1293 1584 1062 958 754 859 1048 774 858 814 650 382 865 2360 1751 520 475 285 353 221 347 522 841 624 23455 15111 12876 28087 30168 33675 20287 14421 8456 18632 23796 30027 15451 25320 5629 8711 10028 7901 14022 6587 10839 13286 13040 31096 45834 33588 17914 18767 19782 29158 17628 22655 16564 11669 8819 21531 65952 38261 11773 24588 5128 5399 2950 4714 7790 17459 12215 .

5895706 7103529 11563986 7371714 9378950 16329859 14255393 15144716 24779520 10293161 10272501 7007305 8569963 9546197 6016664 6383750 6140242 9632619 24056571 13704836 5440930 8440178 3182521 10697440 11703341 15119941 9247385 1.2E+08 17172905 11418177 6332369 22295200 8422937 6070654 10829334 9434757 6840101 9969407 30528476 14660330 16551457 9849650 19217904 37076103 15367989 44160833 42946928 440 493 618 594 615 1143 1057 1126 1458 768 661 501 572 566 462 512 443 620 1224 549 347 524 226 565 706 885 549 4907 1006 673 363 938 493 407 618 514 521 597 1208 697 913 579 928 1562 759 1685 1961 7456 8844 14356 9198 11658 20642 18495 20238 31838 12801 12047 8319 10226 11207 7123 7543 7231 11247 27302 15815 6290 9840 3690 12430 13464 17744 11082 145130 19598 12825 7004 24420 9323 6748 12096 10341 7502 10842 32990 16048 18247 10678 20704 39677 16616 47928 45657 .

27E+08 91092639 64670590 18464963 30224601 32725694 15724941 37248542 58966309 58605840 32998337 22108638 14493018 3997723 4508691 5938128 12415313 3252651 5994640 6987849 27813146 21104784 18663630 17274751 11889034 22156577 16260271 23348383 15448025 12314911 8181684 11005556 15855123 15592908 24754279 37900766 26345736 31487230 46851275 28913316 28155039 57477323 1.55968852 85602525 1.84E+08 2783 4112 4257 4142 2695 1295 1810 2382 1034 2128 3173 3102 1777 1056 698 298 291 433 810 271 321 494 1245 1316 1136 1095 919 1234 844 1420 1020 762 576 725 762 968 1377 1953 1299 1491 1896 1272 1252 2367 6262 1750 6999 60374 93217 133151 97415 71181 21019 34655 37564 18408 43437 70667 71601 41260 28031 18436 5108 5764 7581 15769 4175 7693 8965 35715 27239 24264 22733 15604 28675 20888 29964 20016 15911 10570 14144 20216 19957 31633 47888 32628 39703 59531 36552 35120 71518 221211 44189 214977 .81E+08 37555529 1.

88E+08 2.42E+08 38396071 19864679 25457645 92941696 29039463 19531393 65564922 26563953 16305408 12448976 23118761 42030155 2222 1743 1245 1597 686 1102 1673 827 388 492 807 468 445 1020 281 269 228 317 448 73363 37227 223951 315216 58380 68801 165435 43946 22895 29170 106748 33581 22675 75968 30836 18883 14445 26829 48870 .60860659 30473523 1.67E+08 49626482 58596087 1.

1 Random Number N(0.8 883.201141 0.8373 863.0054 0.142287 0.0701 876.4387 Actual Price Date 0.930965 0.9 877.00418 -0.00506 -0.362909 -0.Annual Drift Annual Volatility Daily Drift Daily Volatility Mean Initial Price 1.6 874.8 899.8723 868.4625 864.1) 0.00150554 Stimulated Return 874.12709 0.62% 0.187797 0.85% 7.3276 872.7819867 870.0062% 876.6 12-Jul-11 13-Jul-11 14-Jul-11 15-Jul-11 16-Jul-11 .371782933 -0.00162 876.48% 0.00395 -0.007166 -0.007% 0.

00797 0.00108 0.Stimulated Return 880 875 0.406158 0.898025 -0.773 870 865 860 855 1 2 3 4 5 6 7 8 9 10 .4118 874.950603 0.5103 869.006148 862.

d Return Stimulated Return 10 .

000072015 3 5 60% 874.8 899.2684 Actual Price Date 876.000611 0.01007 887.500863356 0.1) Change Stimulated Return 0.0036668 0.9035705 0.0097041 -0.9 877.6 7/13/2011 7/14/2011 7/15/2011 7/16/2011 + + + .0062999 0.47318 879.00487 + + + + 872.9562959 878.9779303 0.2182057 -0.89343 872.5456456 0.58159 883.151576 0.6 7/12/2011 + Matching Changes Total Changes Accuracy 0.8 883.Random Number N(0.

9299 .659183 0.011053 -0.002027 893.0.009499 0.00056 0.5824 901.1016 902.989112 0.97558 0.0851 892.448127 0.