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BASIC STATS |
Large-Cap Growth (IVW) |
Large-Cap Value (IVE) |
Small-Cap (IWM) |
L/T Corp Bonds (LQD) |
Int-Gov Bonds (TFI) |
|
|
AVERAGE |
10.9% |
13.6% |
15.8% |
8.7% |
8.4% |
|
|
VARIANCE (%)2 |
368 |
349 |
651 |
127 |
45 |
|
|
STD FUNC |
19.2% |
18.7% |
25.5% |
11.3% |
6.7% |
|
|
STANDARD DEVIATION |
19.2% |
18.7% |
25.5% |
11.3% |
6.7% |
|
|
|
|
|
|
|
|
|
|
VAR-COV MATRIX |
|
|
|
Large-Cap Growth (IVW) |
Large-Cap Value (IVE) |
Small-Cap (IWM) |
L/T Corp Bonds (LQD) |
Int-Gov Bonds (TFI) |
|
|
0 |
0.0400983 |
0.180115 |
0.242592 |
0.537194 |
368 |
265 |
292 |
-60 |
22 |
0 |
|
|
|
265 |
349 |
345 |
-99 |
46 |
0.0400983 |
|
|
|
292 |
345 |
651 |
-29 |
2 |
0.1801151 |
|
|
|
60 |
99 |
29 |
127 |
71 |
0.2425923 |
|
|
|
22 |
46 |
2 |
-71 |
45 |
0.5371943 |
|
|
|
89.45081387 |
124.6324416 |
139.079441 |
-16.36308353 |
43.36442808 |
|
|
|
SUM |
1 |
|
|
Average |
10.00% |
|
|
Var |
49.373424 |
|
|
Target Return |
10.0% |
|
|
Risk Free Rate |
5% |
|
0.02 |
|
|
A= |
0.05 |
|
|
U = E[r] - 0.005A*Var |
E[r] = U + 0.005A*Var |
|
|
Large-Cap Growth (IVW) |
Large-Cap Value (IVE) |
Small-Cap (IWM) |
L/T Corp Bonds (LQD) |
Int-Gov Bonds (TFI) |
Expected Return |
Var |
Standard Deviation |
Slope CAL |
CAL Line |
Utility |
E[r] Const Utlility |
|
|
0 |
0.040098339 |
0.180115064 |
0.242592257 |
0.53719434 |
10.00% |
49.37342 |
7.0266225 |
0.007116 |
10.00% |
|
|
8.357% |
-1E-06 |
0 |
0 |
0 |
1.000001 |
8.36% |
44.78095 |
6.6918568 |
0.005017 |
9.76% |
7.24% |
9.717% |
|
|
8.50% |
0.022836651 |
0 |
0 |
0.250135285 |
0.727028064 |
8.50% |
43.18814 |
6.5717681 |
0.005326 |
9.68% |
7.42% |
9.677% |
|
|
8.60% |
0.019503686 |
0 |
0.014517411 |
0.249465063 |
0.716513839 |
8.60% |
42.56529 |
6.5242084 |
0.005518 |
9.64% |
7.54% |
9.662% |
|
|
8.70% |
0.01516981 |
0 |
0.029383853 |
0.248639953 |
0.706806384 |
8.70% |
42.18045 |
6.494648 |
0.005697 |
9.62% |
7.65% |
9.652% |
|
|
8.80% |
0.010835915 |
0 |
0.0442503 |
0.247814865 |
0.69709892 |
8.80% |
42.03361 |
6.4833331 |
0.005861 |
9.61% |
7.75% |
9.648% |
|
|
8.90% |
0.006502014 |
0 |
0.059116749 |
0.246989791 |
0.687391447 |
8.90% |
42.12476 |
6.4903591 |
0.006009 |
9.62% |
7.85% |
9.651% |
|
|
9.00% |
0.002166527 |
0 |
0.073983737 |
0.246164763 |
0.677684973 |
9.00% |
42.45391 |
6.5156667 |
0.006139 |
9.64% |
7.94% |
9.659% |
|
|
9.10% |
0 |
0 |
0.088123495 |
0.245277073 |
0.666599432 |
9.10% |
43.02106 |
6.5590444 |
0.006251 |
9.67% |
8.02% |
9.673% |
|
|
9.20% |
0 |
0 |
0.10150315 |
0.244329213 |
0.654167637 |
9.20% |
43.82765 |
6.6202458 |
0.006344 |
9.71% |
8.10% |
9.693% |
|
|
9.30% |
0 |
0 |
0.114894037 |
0.243380559 |
0.641725404 |
9.30% |
44.87737 |
6.6990574 |
0.006419 |
9.77% |
8.18% |
9.719% |
|
|
9.40% |
0 |
0 |
0.128284925 |
0.242431904 |
0.629283171 |
9.40% |
46.17636 |
6.7953187 |
0.006475 |
9.84% |
8.25% |
9.752% |
|
|
9.50% |
0 |
0 |
0.141675813 |
0.241483249 |
0.616840938 |
9.50% |
47.71942 |
6.9079247 |
0.006514 |
9.92% |
8.31% |
9.791% |
|
|
9.60% |
0 |
0 |
0.155066702 |
0.240534594 |
0.604398705 |
9.60% |
49.51084 |
7.0363937 |
0.006537 |
10.01% |
8.36% |
9.835% |
|
|
9.70% |
0 |
0.004062663 |
0.165568498 |
0.240178965 |
0.590189874 |
9.70% |
51.54917 |
7.1797752 |
0.006546 |
10.11% |
8.41% |
9.886% |
|
|
9.80% |
0 |
0.016135785 |
0.170373803 |
0.240992505 |
0.572497907 |
9.80% |
53.83443 |
7.337195 |
0.006542 |
10.22% |
8.45% |
9.943% |
|
|
9.90% |
0 |
0.028117228 |
0.175244311 |
0.241792514 |
0.554845946 |
9.90% |
56.36661 |
7.5077701 |
0.006527 |
10.34% |
8.49% |
10.007% |
|
|
10.00% |
0 |
0.040098349 |
0.180115058 |
0.242592265 |
0.537194328 |
10.00% |
59.1439 |
7.6905073 |
0.006502 |
10.47% |
8.52% |
10.076% |
|
|
10.10% |
0 |
0.052079817 |
0.184985548 |
0.243392283 |
0.519542352 |
10.10% |
62.1371 |
7.882709 |
0.00647 |
10.61% |
8.55% |
10.151% |
|
|
10.20% |
0 |
0.064061283 |
0.189856039 |
0.244192301 |
0.501890377 |
10.20% |
65.32505 |
8.0823911 |
0.006434 |
10.75% |
8.57% |
10.231% |
|
|
10.30% |
0 |
0.076043058 |
0.194726301 |
0.24499258 |
0.484238061 |
10.30% |
68.71701 |
8.2895723 |
0.006394 |
10.90% |
8.58% |
10.315% |
|
|
10.40% |
0 |
0.088024198 |
0.199597032 |
0.245792366 |
0.466586404 |
10.40% |
72.3099 |
8.5035228 |
0.00635 |
11.05% |
8.59% |
10.405% |
|
|
10.50% |
0 |
0.100005961 |
0.204467304 |
0.246592604 |
0.448934131 |
10.50% |
76.10372 |
8.7237445 |
0.006305 |
11.21% |
8.60% |
10.500% |
|
|
10.60% |
0 |
0.111987448 |
0.209337779 |
0.247392643 |
0.431282129 |
10.60% |
80.10256 |
8.9500033 |
0.006257 |
11.37% |
8.60% |
10.600% |
|
|
10.70% |
0 |
0.123968603 |
0.2142085 |
0.248192436 |
0.413630461 |
10.70% |
84.29414 |
9.1811839 |
0.006208 |
11.53% |
8.59% |
10.705% |
|
|
10.80% |
0 |
0.135950377 |
0.219078764 |
0.248992687 |
0.395978172 |
10.80% |
88.69074 |
9.417576 |
0.006159 |
11.70% |
8.58% |
10.815% |
|
|
10.90% |
0 |
0.14793153 |
0.223949487 |
0.249792466 |
0.378326518 |
10.90% |
93.28827 |
9.6585851 |
0.006109 |
11.87% |
8.57% |
10.930% |
|
|
11.00% |
0 |
0.159913244 |
0.228819794 |
0.250592683 |
0.360674279 |
11.00% |
98.08672 |
9.9038741 |
0.006058 |
12.05% |
8.55% |
11.050% |
|
|
11.10% |
0 |
0.171894467 |
0.233690464 |
0.251392525 |
0.343022543 |
11.10% |
103.0861 |
10.153133 |
0.006008 |
12.22% |
8.52% |
11.175% |
|
|
11.20% |
0 |
0.183876186 |
0.238560769 |
0.252192737 |
0.325370309 |
11.20% |
108.2864 |
10.406076 |
0.005958 |
12.40% |
8.49% |
11.305% |
|
|
11.30% |
0 |
0.195857672 |
0.243431245 |
0.252992775 |
0.307718308 |
11.30% |
113.6877 |
10.662441 |
0.005909 |
12.59% |
8.46% |
11.440% |
|
|
11.40% |
0 |
0.207838858 |
0.248301943 |
0.25379257 |
0.290066628 |
11.40% |
119.2898 |
10.921988 |
0.00586 |
12.77% |
8.42% |
11.580% |
|
|
11.50% |
0 |
0.219820319 |
0.253172437 |
0.254592598 |
0.272414645 |
11.50% |
125.0929 |
11.184494 |
0.005812 |
12.96% |
8.37% |
11.725% |
|
|
11.60% |
0 |
0.231801786 |
0.258042927 |
0.255392631 |
0.254762656 |
11.60% |
131.103 |
11.450023 |
0.005764 |
13.15% |
8.32% |
11.875% |
|
|
11.70% |
0 |
0.243783472 |
0.262913256 |
0.256192818 |
0.237110454 |
11.70% |
137.3019 |
11.717589 |
0.005718 |
13.34% |
8.27% |
12.030% |
|
|
11.80% |
0 |
0.255764724 |
0.267783907 |
0.256992649 |
0.219458721 |
11.80% |
143.7078 |
11.987817 |
0.005672 |
13.53% |
8.21% |
12.190% |
|
|
11.90% |
0 |
0.267746191 |
0.272654397 |
0.257792669 |
0.201806743 |
11.90% |
150.3146 |
12.260284 |
0.005628 |
13.72% |
8.14% |
12.355% |
|
|
12.00% |
0 |
0.279727865 |
0.277524733 |
0.258592883 |
0.184154519 |
12.00% |
157.1223 |
12.534843 |
0.005584 |
13.92% |
8.07% |
12.526% |
|
|
12.10% |
0 |
0.291709291 |
0.282395254 |
0.259392875 |
0.166502581 |
12.10% |
164.1309 |
12.81136 |
0.005542 |
14.12% |
8.00% |
12.701% |
|
|
12.20% |
0 |
0.303690582 |
0.287265875 |
0.260192739 |
0.148850804 |
12.20% |
171.3405 |
13.089711 |
0.005501 |
14.31% |
7.92% |
12.881% |
|
|
12.30% |
0 |
0.315672032 |
0.292136376 |
0.260992781 |
0.13119881 |
12.30% |
178.751 |
13.369781 |
0.00546 |
14.51% |
7.83% |
13.066% |
|
|
12.40% |
0 |
0.327653496 |
0.297006869 |
0.261792805 |
0.113546831 |
12.40% |
186.3625 |
13.651465 |
0.005421 |
14.71% |
7.74% |
13.257% |
|
|
12.50% |
0 |
0.339634966 |
0.301877357 |
0.26259282 |
0.095894857 |
12.50% |
194.1749 |
13.934664 |
0.005382 |
14.92% |
7.65% |
13.452% |
|
|
12.60% |
0 |
0.351616439 |
0.306747843 |
0.263392852 |
0.078242866 |
12.60% |
202.1881 |
14.219288 |
0.005345 |
15.12% |
7.55% |
13.652% |
|
|
12.70% |
0 |
0.363597914 |
0.311618329 |
0.264192837 |
0.06059092 |
12.70% |
210.4024 |
14.505253 |
0.005308 |
15.32% |
7.44% |
13.858% |
|
|
12.80% |
0 |
0.375579548 |
0.316488694 |
0.264993033 |
0.042938725 |
12.80% |
218.8175 |
14.792482 |
0.005273 |
15.53% |
7.33% |
14.068% |
|
|
12.90% |
0 |
0.387560818 |
0.32135933 |
0.265792918 |
0.025286935 |
12.90% |
227.4336 |
15.080902 |
0.005238 |
15.73% |
7.21% |
14.283% |
|
|
13.00% |
0 |
0.399542294 |
0.326229814 |
0.266592943 |
0.00763495 |
13.00% |
236.2506 |
15.370446 |
0.005205 |
15.94% |
7.09% |
14.504% |
|
|
13.10% |
0 |
0.407367707 |
0.334442219 |
0.258190075 |
0 |
13.10% |
245.2777 |
15.661343 |
0.005172 |
16.14% |
6.97% |
14.729% |
|
|
13.20% |
0 |
0.412025387 |
0.345201822 |
0.242772791 |
0 |
13.20% |
254.4874 |
15.952661 |
0.00514 |
16.35% |
6.84% |
14.960% |
|
|
13.30% |
0 |
0.416683065 |
0.355961426 |
0.227355508 |
0 |
13.30% |
263.9072 |
16.24522 |
0.005109 |
16.56% |
6.70% |
15.195% |
|
|
13.40% |
0 |
0.421340746 |
0.366721029 |
0.211938225 |
0 |
13.40% |
273.5279 |
16.538679 |
0.005079 |
16.77% |
6.56% |
15.436% |
|
|
13.50% |
0 |
0.425998426 |
0.377480633 |
0.196520942 |
0 |
13.50% |
283.3495 |
16.83299 |
0.00505 |
16.98% |
6.42% |
15.681% |
|
|
13.60% |
0 |
0.430656105 |
0.388240236 |
0.181103658 |
0 |
13.60% |
293.3721 |
17.128109 |
0.005021 |
17.19% |
6.27% |
15.932% |
|
|
13.70% |
0 |
0.435313786 |
0.398999839 |
0.165686375 |
0 |
13.70% |
303.5956 |
17.423995 |
0.004993 |
17.40% |
6.11% |
16.187% |
|
|
13.80% |
0 |
0.439971466 |
0.409759442 |
0.150269091 |
0 |
13.80% |
314.02 |
17.72061 |
0.004966 |
17.61% |
5.95% |
16.448% |
|
|
13.90% |
0 |
0.444629145 |
0.420519047 |
0.134851808 |
0 |
13.90% |
324.6561 |
18.018216 |
0.00494 |
17.82% |
5.78% |
16.714% |
|
|
14.00% |
0 |
0.449286826 |
0.431278649 |
0.119434525 |
0 |
14.00% |
335.4717 |
18.315886 |
0.004914 |
18.03% |
5.61% |
16.984% |
|
|
14.10% |
0 |
0.453944522 |
0.442038242 |
0.104017237 |
0 |
14.10% |
346.4989 |
18.61448 |
0.004889 |
18.25% |
5.44% |
17.260% |
|
|
14.20% |
0 |
0.458602186 |
0.452797855 |
0.088599959 |
0 |
14.20% |
357.727 |
18.913673 |
0.004864 |
18.46% |
5.26% |
17.541% |
|
|
14.30% |
0 |
0.463259865 |
0.46355746 |
0.073182675 |
0 |
14.30% |
369.1561 |
19.213435 |
0.00484 |
18.67% |
5.07% |
17.826% |
|
|
14.40% |
0 |
0.467917556 |
0.474317055 |
0.057765388 |
0 |
14.40% |
380.7978 |
19.514041 |
0.004817 |
18.89% |
4.88% |
18.117% |
|
|
14.50% |
0 |
0.472575226 |
0.485076666 |
0.042348108 |
0 |
14.50% |
392.617 |
19.814565 |
0.004794 |
19.10% |
4.68% |
18.413% |
|
|
14.60% |
0 |
0.477232905 |
0.49583627 |
0.026930825 |
0 |
14.60% |
404.6488 |
20.115885 |
0.004772 |
19.31% |
4.48% |
18.714% |
|
|
14.70% |
0 |
0.481890585 |
0.506595873 |
0.011513542 |
0 |
14.70% |
417.1652 |
20.424623 |
0.004749 |
19.53% |
4.27% |
19.027% |
|
|
14.80% |
0 |
0.473928441 |
0.526071559 |
0 |
0 |
14.80% |
430.9078 |
20.758319 |
0.004721 |
19.77% |
4.03% |
19.370% |
|
|
14.90% |
0 |
0.428745879 |
0.571254121 |
0 |
0 |
14.90% |
445.9309 |
21.117077 |
0.004688 |
20.03% |
3.75% |
19.746% |
|
|
15.00% |
0 |
0.383518134 |
0.616481866 |
0 |
0 |
15.00% |
462.1877 |
21.498551 |
0.004651 |
20.30% |
3.45% |
20.152% |
|
|
15.10% |
0 |
0.338380755 |
0.661619245 |
0 |
0 |
15.10% |
479.725 |
21.902625 |
0.004611 |
20.59% |
3.11% |
20.591% |
|
|
15.20% |
0 |
0.29315301 |
0.70684699 |
0 |
0 |
15.20% |
498.5466 |
22.328158 |
0.004568 |
20.89% |
2.74% |
21.061% |
|
|
15.30% |
0 |
0.248015631 |
0.751984369 |
0 |
0 |
15.30% |
518.5943 |
22.772666 |
0.004523 |
21.20% |
2.34% |
21.562% |
|
|
15.40% |
0 |
0.202833069 |
0.797166931 |
0 |
0 |
15.40% |
539.9264 |
23.236316 |
0.004476 |
21.53% |
1.90% |
22.096% |
|
|
15.50% |
0 |
0.157650507 |
0.842349493 |
0 |
0 |
15.50% |
562.5233 |
23.717574 |
0.004427 |
21.88% |
1.44% |
22.661% |
|
|
15.60% |
0 |
0.112422762 |
0.887577238 |
0 |
0 |
15.60% |
586.4097 |
24.215897 |
0.004377 |
22.23% |
0.94% |
23.258% |
|
|
15.70% |
0 |
0.0672402 |
0.9327598 |
0 |
0 |
15.70% |
611.5377 |
24.729288 |
0.004327 |
22.60% |
0.41% |
23.886% |
|
|
15.85% |
0 |
0 |
1 |
0 |
0 |
15.85% |
651.2748 |
25.520087 |
0.004251 |
23.16% |
-0.43% |
24.879% |
|
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0 |
|
5% |
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|
0.007116 |
Max Slope |
8.598% |
Max Utility |
|
|
|
Standard Error |
Average |
|
| Large-Cap
Growth (IVW) |
19.18 |
10.9% |
|
| Large-Cap
Value (IVE) |
18.69 |
13.6% |
|
|
|
| Small-Cap
(IWM) |
25.52 |
15.8% |
|
| L/T
Corp Bonds (LQD) |
11.29 |
8.7% |
|
| Int-Gov
Bonds (TFI) |
6.69 |
8.4% |
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