Description
I. Purposes of the Project: How to Build a Portfolio and How to Analyze a Market
The purposes of the project are to develop the student's knowledge, skills and ability in the processes of designing, building, and managing portfolios of securities by:
- Having the student acquire an in- depth knowledge and understanding of one particular securities market.
- Providing the student valuable, relevant, knowledge - building experiences in identifying, locating, organizing, analyzing, assessing and evaluating data and information on securities markets.
- Develop the student’s knowledge and skills in and understanding of:
- Measuring return, risk, and distribution characteristics of a securities market.
- Identifying, analyzing, and evaluating the inter-relationships among securities markets returns.
- Assessing the usefulness of an asset class in enhancing portfolio return and diversifying portfolio risk;
- The pricing efficiency of the market represented by the asset class;
- The valuation of the market represented by the asset class.
- Using statistical tools to evaluate a range of characteristics of securities markets.
- Using Excel and other statistical software.
- Writing precise, concise, clear and informative reports and making clear, concise and informative oral presentations.
The project is a series of related assignments. The assignments are straightforward, and except for assignments 3 and 4 are not time intensive. Basically, each assignment replicates an activity a portfolio manager does in building a portfolio for a client.
The typical assignment requires some measurements, followed by analysis, assessment, evaluation, reflection, and a little writing. A few of the assignments will require the student to workcollaboratively with all other students in the class.
An overview of the Course Project assignments is as follows:
Assignment Point Value Assignment Summary
1 20 Update and research market index data.
2 20 Presentation on market index.
3 30 Calculation, analysis, evaluation of market returns, risks, distribution.
4 40 Build markets data base with allclassmates; and comparative evaluation of markets.
5 30 Measure & analyze interrelationships of market returns & risks
6 20 Complete portfolio construction.
7 20 Empirical tests for market efficiency.
8 40 Returns and Risks Table: “Heat Map” 1996 – 2018.
Total 220
II. Background
The asset allocation decision is likely the most important decision most individual and institutional investors make, the exceptions perhaps being hedge fund, venture capital and private equity portfolio managers.
A sizable body of credible, respected research indicates (or at least indicated until 2008) that the asset allocation decision is the primary determinant of portfolio return, accounting for 90+% of portfolio returns.
Among other things, building effective portfolios requires an understanding of the securities markets/asset classes which may be included in the investor’s portfolio.
Each student will be required to select a securities market/asset class that they will research throughout the semester. Some securities markets/asset classes clearly requiremore work than others as data and information are more challenging to locate. Additional credit will be given for good work on these markets and it will be more difficult to earn points on the easier markets.
II. Getting Started: Assignments 1 and 2
Assignment 1: Due Date February 8, 2019
Assignment 1 has two parts:
PART 1:
Update the master database with monthly opening or closing values of the relevant index for each month of 2017 and 2018. Provide a citation (that I will check) for your data.
PART 2:
Double check the accuracy and consistency of the existing monthly data. In doing so, please be careful that the data are for the index itself and not one of possibly many open-end mutual funds and/or exchange traded funds that track the index.
Take the time to check the existing data from December 1995 through December 2016 for your securities market asset class to ensure there are no errors. Provide a citation (that I will check) for your data.
Locating the data is an easy to straightforward task for several of the asset classes, but an ongoing challenge for others. Data sources include but are certainly not limited to:
- www.yahoofinance.com
- The business and economic online databases available on the Barry Library website. Be sure to explore the S&P site.
- www.fred.org An extensive economic and financial database provided by the Federal Reserve Bank of St. Louis.
- www.msci.comMorgan Stanley Capital International website.
- www.gs.comGoldman Sach’s website.
- www.nareit.orgNational Association of Real Estate Investment Trust website.
- Bloomberg Terminal.
Unformatted Attachment Preview
Purchase answer to see full attachment
Explanation & Answer
Attached.
Finance 470, Spring, 2019: Monthly Index Data on 10 Equity, 3 Fixed Income, 3 Alternative, and
Equities
Date
12/1/1995
1/1/1996
2/1/1996
3/1/1996
4/1/1996
5/1/1996
6/1/1996
7/1/1996
8/1/1996
9/1/1996
10/1/1996
11/1/1996
12/1/1996
1/1/1997
2/1/1997
3/1/1997
4/1/1997
5/1/1997
6/1/1997
7/1/1997
8/1/1997
9/1/1997
10/1/1997
11/1/1997
12/1/1997
1/1/1998
2/1/1998
3/1/1998
4/1/1998
5/1/1998
6/1/1998
7/1/1998
8/1/1998
9/1/1998
10/1/1998
11/1/1998
12/1/1998
S&P 500 Large S&P 400 Mid
Russell 2000
Cap
Cap
Small Cap
Nikkei 225
FTSE 100
615.93
315.97
19868.00
3689.30
217.84
636.02
315.38
20813.00
3759.30
220.76
640.43
324.93
20125.00
3727.60
227.87
645.50
330.77
22041.00
3699.70
230.30
654.17
348.28
21956.00
3817.90
237.07
669.12
361.85
22531.00
3747.80
239.89
670.63
346.61
20693.00
3711.00
236.00
639.95
316.00
20167.00
3703.20
219.80
651.99
333.88
21556.00
3867.60
232.13
687.33
346.39
20467.00
3953.70
241.93
705.27
340.57
21020.00
3979.10
242.34
757.02
354.11
19361.00
4058.00
255.61
740.74
362.61
18330.00
4118.50
255.58
786.16
369.45
18557.00
4275.80
264.89
790.82
360.05
18003.00
4308.30
262.36
757.12
342.56
19151.00
4312.90
250.84
801.34
343.00
20069.00
4436.00
257.07
848.28
380.76
20605.00
4621.30
279.16
885.14
396.37
20331.00
4604.60
286.65
954.31
414.48
18229.00
4907.50
314.67
899.47
423.43
17888.00
4817.50
313.97
947.28
453.82
16459.00
5244.20
331.66
914.62
433.26
16633.00
4842.30
316.89
955.40
429.92
15259.00
4831.80
321.25
970.43
437.02
16628.00
5135.50
333.37
980.28
430.05
16832.00
5458.50
326.70
1049.34
461.83
16527.00
5767.30
353.39
1101.75
480.68
15641.26
5932.20
369.00
1111.75
482.89
15670.78
5928.30
375.39
1090.82
456.62
15830.27
5870.70
358.15
1133.84
457.39
16378.97
5832.50
360.08
1120.67
419.75
14107.89
5837.00
345.76
957.28
337.95
13406.39
5249.40
281.10
1017.01
363.59
13564.51
5064.40
307.03
1098.67
378.16
14883.70
5438.40
334.05
1163.63
397.75
13842.17
5743.90
350.35
1229.23
421.96
14499.25
5882.60
392.31
1/1/1999
2/1/1999
3/1/1999
4/1/1999
5/1/1999
6/1/1999
7/1/1999
8/1/1999
9/1/1999
10/1/1999
11/1/1999
12/1/1999
1/1/2000
2/1/2000
3/1/2000
4/1/2000
5/1/2000
6/1/2000
7/1/2000
8/1/2000
9/1/2000
10/1/2000
11/1/2000
12/1/2000
1/1/2001
2/1/2001
3/1/2001
4/1/2001
5/1/2001
6/1/2001
7/1/2001
8/1/2001
9/1/2001
10/1/2001
11/1/2001
12/1/2001
1/1/2002
2/1/2002
3/1/2002
4/1/2002
5/1/2002
6/1/2002
7/1/2002
8/1/2002
9/1/2002
10/1/2002
1279.64
1238.33
1286.37
1335.18
1301.84
1372.71
1328.72
1320.41
1282.71
1362.93
1388.91
1469.25
1394.46
1366.42
1498.58
1452.43
1420.60
1454.60
1430.83
1517.68
1436.51
1429.40
1314.95
1320.28
1366.01
1239.94
1160.33
1249.46
1255.82
1224.38
1211.23
1133.58
1040.94
1059.78
1139.45
1148.08
1130.20
1106.73
1147.39
1076.92
1067.14
989.82
911.62
916.07
815.28
885.76
376.70
356.50
366.10
394.59
395.87
416.70
407.46
393.08
380.59
399.62
420.11
444.67
431.79
461.48
499.69
481.85
475.17
481.77
488.97
542.90
538.81
520.17
480.38
516.74
527.90
497.26
459.92
510.31
521.59
519.12
511.05
493.79
432.03
450.77
483.75
508.31
505.29
505.38
541.10
538.22
528.58
489.50
441.71
443.42
407.38
424.63
427.22
392.26
397.63
432.81
438.68
457.68
444.77
427.83
427.30
428.64
454.08
504.75
496.23
577.71
539.09
506.25
476.18
517.23
500.64
537.89
521.37
497.68
445.94
483.53
508.34
474.37
450.53
485.32
496.50
512.64
484.78
468.56
404.87
428.17
460.78
488.50
483.10
469.36
506.46
510.67
487.47
462.64
392.42
390.96
362.27
373.50
14367.54
15836.59
16701.53
16111.65
17529.74
17861.86
17436.56
17605.46
17942.08
18558.23
18934.34
19539.70
19959.52
20337.32
17973.70
16332.45
17411.05
15727.49
16861.26
15747.26
14539.60
14648.51
13785.69
13843.55
12883.54
12999.70
13934.32
13262.14
12969.05
11860.77
10713.51
9774.68
10366.34
10697.44
10542.62
9997.80
10587.83
11024.94
11492.54
11763.70
10621.84
9877.94
9619.30
9383.29
8640.48
9215.56
5896.00
6175.10
6295.30
6552.20
6226.20
6318.50
6231.90
6246.40
6029.80
6255.70
6597.20
6930.20
6268.50
6232.60
6540.20
6327.40
6359.30
6312.70
6365.30
6672.70
6294.20
6438.40
6142.20
6222.50
6297.50
5917.90
5633.70
5966.90
5796.10
5642.50
5529.10
5345.00
4903.40
5039.70
5203.60
5217.40
5164.80
5101.00
5271.80
5165.60
5085.10
4656.40
4246.20
4227.30
3721.80
4039.70
11/1/2002
12/1/2002
1/1/2003
2/1/2003
3/1/2003
4/1/2003
5/1/2003
6/1/2003
7/1/2003
8/1/2003
9/1/2003
10/1/2003
11/1/2003
12/1/2003
1/1/2004
2/1/2004
3/1/2004
4/1/2004
5/1/2004
6/1/2004
7/1/2004
8/1/2004
9/1/2004
10/1/2004
11/1/2004
12/1/2004
1/1/2005
2/1/2005
3/1/2005
4/1/2005
5/1/2005
6/1/2005
7/1/2005
8/1/2005
9/1/2005
10/1/2005
11/1/2005
12/1/2005
1/1/2006
2/1/2006
3/1/2006
4/1/2006
5/1/2006
6/1/2006
7/1/2006
8/1/2006
936.31
879.82
855.70
841.15
848.18
916.92
963.59
974.50
990.31
1008.01
995.97
1050.71
1058.20
1111.92
1131.13
1144.94
1126.21
1107.30
1120.68
1140.84
1101.72
1104.24
1114.58
1130.20
1173.82
1211.92
1181.27
1203.60
1180.59
1156.85
1191.50
1191.33
1234.18
1220.33
1228.81
1207.01
1249.48
1248.29
1280.08
1280.66
1294.87
1310.61
1270.09
1270.20
1276.66
1303.82
448.63
429.79
416.91
406.43
409.47
438.79
474.54
480.21
496.84
518.77
510.42
548.52
567.00
576.01
588.06
601.51
603.56
583.29
594.70
607.69
578.90
576.62
593.20
602.22
637.27
663.31
645.97
666.85
658.87
632.76
670.05
684.94
720.38
711.49
716.33
700.38
733.66
738.05
781.02
773.60
792.11
802.69
765.56
764.87
742.51
749.96
406.35
383.09
372.17
360.52
364.54
398.68
441.00
448.37
476.02
497.42
487.68
528.22
546.51
556.91
580.76
585.56
590.31
559.80
568.28
591.52
551.29
547.93
572.94
583.79
633.77
651.57
624.02
634.06
615.07
579.38
616.71
639.66
679.75
666.51
667.80
646.61
677.29
673.22
733.20
730.64
765.14
764.54
721.01
724.67
700.56
720.53
8578.95
8339.94
8363.04
7972.71
7831.42
8424.51
9083.11
9563.21
10343.55
10219.05
10559.59
10100.57
10676.64
10783.61
11041.92
11715.39
11761.79
11236.37
11858.87
11325.78
11081.79
10823.57
10771.42
10899.25
11488.76
11387.59
11740.60
11668.95
11008.90
11276.59
11584.01
11899.60
12413.60
13574.30
13606.50
14872.15
16111.43
16649.82
16205.43
17059.66
16906.23
15467.33
15505.18
15456.81
16140.76
16127.58
4169.40
3940.40
3567.40
3655.60
3613.30
3926.00
4048.10
4031.20
4157.00
4161.10
4091.30
4287.60
4342.60
4476.90
4390.70
4492.20
4385.70
4489.70
4430.70
4464.10
4413.10
4459.30
4570.80
4624.20
4703.20
4814.30
4852.30
4968.50
4894.40
4801.70
4964.00
5113.20
5282.30
5296.90
5477.70
5317.30
5423.20
5618.80
5760.30
5791.50
5964.60
6023.10
5723.80
5833.40
5928.30
5906.10
9/1/2006
10/1/2006
11/1/2006
12/1/2006
1/1/2007
2/1/2007
3/1/2007
4/1/2007
5/1/2007
6/1/2007
7/1/2007
8/1/2007
9/1/2007
10/1/2007
11/1/2007
12/1/2007
1/1/2008
2/1/2008
3/1/2008
4/1/2008
5/1/2008
6/1/2008
7/1/2008
8/1/2008
9/1/2008
10/1/2008
11/1/2008
12/1/2008
1/1/2009
2/1/2009
3/1/2009
4/1/2009
5/1/2009
6/1/2009
7/1/2009
8/1/2009
9/1/2009
10/1/2009
11/1/2009
12/1/2009
1/1/2010
2/1/2010
3/1/2010
4/1/2010
5/1/2010
6/1/2010
1335.85
1377.94
1400.63
1418.30
1438.24
1406.82
1420.86
1482.37
1530.62
1503.35
1455.27
1473.99
1526.75
1549.38
1481.14
1468.36
1378.55
1330.63
1322.70
1385.59
1400.38
1280.00
1267.38
1282.83
1166.36
968.75
896.24
903.25
825.88
735.09
797.87
872.81
919.14
919.32
987.48
1020.62
1057.08
1036.19
1095.63
1115.10
1073.87
1104.49
1169.43
1186.69
1089.41
1030.71
754.25
785.01
809.20
804.37
833.02
838.10
848.47
873.66
916.30
895.51
856.33
863.00
885.06
907.70
860.74
858.20
804.64
788.51
779.51
838.84
881.96
818.99
803.01
815.60
727.29
568.49
514.56
538.28
498.68
449.44
489.00
561.14
575.52
578.14
628.05
654.54
691.02
659.15
684.77
726.67
702.80
738.36
789.90
823.06
762.76
711.73
725.59
766.84
786.12
787.66
800.34
793.30
800.71
814.57
847.18
833.70
776.12
792.86
805.45
828.02
767.77
766.03
713.30
686.18
687.97
716.18
748.28
689.66
714.52
739.50
679.58
537.52
473.14
499.45
443.53
389.02
422.75
487.56
501.58
508.28
556.71
572.07
604.28
562.77
579.73
625.39
602.04
628.56
678.64
716.60
661.61
609.49
16399.39
16274.33
17225.83
17383.42
17604.12
17287.65
17400.41
17875.75
18138.36
17248.89
16569.09
16785.69
16737.63
15680.67
15307.78
13592.47
13603.02
12525.54
13849.99
14338.54
13481.38
13376.81
13072.87
11259.86
8576.98
8512.27
8859.56
7994.05
7568.42
8109.53
8828.26
9522.50
9958.44
10356.83
10492.53
10133.23
10034.74
9345.55
10546.44
10198.04
10126.03
11089.94
11057.40
9768.70
9382.64
9537.30
5960.80
6129.20
6048.80
6220.80
6203.10
6171.50
6308.00
6449.20
6621.40
6607.90
6360.10
6303.30
6466.80
6721.60
6432.50
6456.90
5879.80
5884.30
5702.10
6087.30
6053.50
5625.90
5411.90
5636.60
4902.50
4377.30
4288.00
4434.20
4149.60
3830.10
3926.10
4243.70
4417.90
4249.20
4608.40
4908.90
5133.90
5044.50
5190.70
5412.90
5188.50
5354.50
5679.60
5553.30
5188.40
4916.90
7/1/2010
8/1/2010
9/1/2010
10/1/2010
11/1/2010
12/1/2010
1/1/2011
2/1/2011
3/1/2011
4/1/2011
5/1/2011
6/1/2011
7/1/2011
8/1/2011
9/1/2011
10/1/2011
11/1/2011
12/1/2011
1/1/2012
2/1/2012
3/1/2012
4/1/2012
5/1/2012
6/1/2012
7/1/2012
8/1/2012
9/1/2012
10/1/2012
11/1/2012
12/1/2012
1/1/2013
2/1/2013
3/1/2013
4/1/2013
5/1/2013
6/1/2013
7/1/2013
8/1/2013
9/1/2013
10/1/2013
11/1/2013
12/1/2013
1/1/2014
2/1/2014
3/1/2014
4/1/2014
1101.60
1049.33
1141.20
1183.26
1180.55
1257.64
1286.12
1327.22
1325.83
1363.61
1345.20
1320.64
1292.28
1218.89
1131.42
1253.30
1246.96
1257.60
1312.41
1365.68
1408.47
1397.91
1310.33
1362.16
1379.32
1406.58
1440.67
1412.16
1416.18
1426.19
1498.11
1514.68
1569.19
1597.57
1630.74
1606.28
1685.73
1632.97
1681.55
1756.54
1805.81
1848.36
1831.98
1741.89
1845.73
1885.52
760.27
721.64
802.10
829.13
852.59
907.25
924.77
966.59
989.05
1015.26
1000.25
978.64
943.42
875.00
781.26
887.93
883.79
879.16
936.51
977.36
994.30
991.31
925.63
941.64
940.48
971.55
989.02
980.45
1000.15
1020.43
1093.96
1102.64
1153.68
1160.02
1184.32
1160.82
1231.90
1183.87
1243.85
1289.18
1304.18
1342.53
1313.08
1375.33
1378.50
1355.96
650.89
602.06
676.14
703.35
727.01
783.65
781.25
823.45
843.55
865.29
848.30
827.43
797.03
726.81
644.16
741.06
737.42
740.92
792.82
810.94
830.30
816.88
761.82
798.49
786.94
812.09
837.45
818.73
821.92
849.35
902.09
911.11
951.54
947.46
984.15
977.48
1045.26
1010.90
1073.79
1100.15
1142.89
1163.64
1130.88
1183.03
1173.04
1126.86
8824.06
9369.35
9202.45
9937.04
10228.92
10237.92
10624.09
9755.10
9849.74
9693.73
9816.09
9833.03
8955.20
8700.29
8988.39
8434.61
8,434,61
8,455,61
8802.51
9723.24
10083.56
9520.89
8542.73
9006.78
8695.06
8839.91
8870.16
8928.29
9446.01
10395.18
11138.66
11559.36
12397.91
13860.86
13774.54
13677.32
13668.32
13388.86
14455.80
14327.94
15661.87
16291.31
14914.53
14841.07
14827.83
14304.11
5258.00
5225.20
5548.60
5675.20
5528.30
5899.90
5862.90
5994.00
5908.80
6069.90
5990.00
5945.70
5815.20
5394.50
5128.50
5544.20
5505.40
5572.30
5681.60
5871.50
5768.50
5737.80
5320.90
5571.10
5635.30
5711.50
5742.10
5782.70
5866.80
5921.60
6276.90
6360.80
6411.70
6430.10
6583.10
6215.50
6621.10
6412.90
6462.10
6731.40
6650.60
6749.10
6510.44
6809.7
6598.37
6780.03
5/1/2014
6/1/2014
7/1/2014
8/1/2014
9/1/2014
10/1/2014
11/1/2014
12/1/2014
1/1/2015
2/1/2015
3/1/2015
4/1/2015
5/1/2015
6/1/2015
7/1/2015
8/1/2015
9/1/2015
10/1/2015
11/1/2015
12/1/2015
1/1/2016
2/1/2016
3/1/2016
4/1/2016
5/1/2016
6/1/2016
7/1/2016
8/1/2016
9/1/2016
10/1/2016
11/1/2016
12/1/2016
1/1/2017
1/2/2017
1/3/2017
1/4/2017
1/5/2017
1/6/2017
1/7/2017
1/8/2017
1/9/2017
1/10/2017
1/11/2017
1/12/2017
1/1/2018
1/2/2018
1883.68
1924.97
1973.32
1925.15
2002.28
1946.16
2017.81
2053.44
2058.20
2020.85
2117.39
2059.69
2108.29
2111.73
2077.42
2098.04
1913.85
1923.82
2104.05
2102.63
2012.66
1939.38
1978.35
2072.78
2081.43
2099.33
2102.95
2170.84
2170.86
2161.20
2111.72
2191.08
2209.89
2354.87
2345.78
2389.89
2400.89
2450.78
2500.67
2678.95
2789.45
2857.89
2946.89
3056.45
3178.45
3257.36
1377.98
1432.94
1370.70
1438.17
1370.97
1418.71
1442.63
1452.44
1435.10
1506.53
1524.03
1500.19
1524.67
1502.17
1502.89
1416.75
1368.91
1444.77
1461.81
1473.14
1379.18
1316.95
1363.3
1451.59
1473.66
1498.52
1500.2
1555.08
1563.58
1541.93
1494.01
1623.28
1745.89
1768.45
1777.45
1786.78
1793.35
1799.23
1806.45
1814.56
1823.23
1850.46
1860.23
1870.34
1879.38
1886.24
1134.50
1192.96
1120.07
1174.35
1101.68
1173.51
1173.23
1204.70
1165.39
1233.37
1252.77
1220.13
1246.53
1253.95
1238.68
1159.45
1100.69
1161.86
1198.11
1135.89
1,035.38
1,033.90
1114.03
1130.85
1154.79
1151.92
1219.94
1239.91
1251.65
1191.39
1322.34
1357.13
1367.98
1389.45
1467.89
1476.88
1498.22
1567.89
1589.89
1598.45
1628.67
1645.67
1677.89
1688.11
1697.45
1716.84
14632.38
15162.10
15620.77
15424.59
16173.52
16413.76
17459.85
17450.77
17674.39
18797.94
19206.99
19520.01
20563.15
20235.73
20585.24
18890.48
17388.15
19083.10
19747.47
19033.71
17518.30
16026.76
16758.67
16666.05
17234.98
15575.92
16569.27
16887.40
16449.84
17425.02
18308.48
19114.37
19868.00
20813.00
20125.00
22041.00
21956.00
22531.00
20693.00
20167.00
21556.00
20467.00
21020.00
19361.00
18330.00
18557.00
6844.51
6743.94
6730.11
6819.75
6622.72
6546.47
6722.62
6566.09
6749.4
6946.66
6773.04
6960.63
6984.43
6520.98
6696.28
6247.94
6061.61
6361.09
6356.09
6242.32
6083.79
6097.09
6174.9
6241.89
6230.79
6504.33
6724.43
6781.51
6899.33
6954.22
6783.79
7142.83
3689.30
3759.30
3727.60
3699.70
3817.90
3747.80
3711.00
3703.20
3867.60
3953.70
3979.10
4058.00
4118.50
4275.80
1/3/2018
1/4/2018
1/5/2018
1/6/2018
1/7/2018
1/8/2018
1/9/2018
1/10/2018
1/11/2018
1/12/2018
3378.46
3357.12
3479.46
3546.79
3578.35
3678.90
3745.13
3756.34
3994.34
4056.67
1895.78
1923.88
1934.78
1969.68
1970.11
1975..78
1987.45
1996.34
1999.45
2006.35
1738.97
1746.56
1756.78
1763.67
1789.67
1846.56
1897.46
1898.89
1945.67
1987.12
18003.00
19151.00
20069.00
20605.00
20331.00
18229.00
17888.00
16459.00
16633.00
15259.00
4308.30
4312.90
4436.00
4621.30
4604.60
4907.50
4817.50
5244.20
4842.30
4831.80
Commodity money
25000
20000
15000
10000
5000
0
y, 3 Fixed Income, 3 Alternative, and 1 Cash Equivalent Markets: 12/1995
12/1/1995-1/12/2018
-12/2016
Bonds
EURO STOXX 50 MSCI-EAFE S&P IFCI
MS ACWI in US Barclays U.S. Aggregate
1486.31
1,135.63
275.79
181.90
672.54
1558.46
1,138.87
298.66
185.64
680.66
1587.58
1,141.23
291.59
186.09
684.65
1594.01
1,163.96
295.21
188.64
677.33
1645.46
1,196.30
305.79
192.90
669.55
1672.27
1,172.77
302.31
192.76
664.72
1667.21
1,177.85
305.23
193.48
663.64
1613.71
1,141.88
284.70
185.93
672.29
1620.20
1,142.83
293.07
187.89
679.25
1644.46
1,171.65
296.96
194.51
673.10
1714.03
1,158.11
290.23
194.98
687.18
1760.80
1,202.61
294.16
205.08
699.61
1816.10
1,185.57
295.01
201.78
711.99
1936.09
1,142.58
315.42
204.86
705.37
2070.84
1,159.75
330.65
207.34
709.89
2122.85
1,162.40
321.67
202.84
708.89
2096.55
1,167.03
315.01
208.99
702.72
2241.63
1,241.39
324.81
221.11
713.03
2350.23
1,308.28
338.08
232.08
719.26
2567.74
1,327.92
340.62
242.24
729.40
2564.78
1,227.21
296.75
224.92
741.29
2511.03
1,294.42
305.95
236.58
740.43
2510.70
1,193.35
255.46
222.17
754.31
2367.94
1,179.63
243.34
225.26
760.48
...