SUMMARY OUTPUT

Regression Statistics
Multiple R 0.08596
R Square 0.007389
Adjusted R -0.01066
Standard E 0.185907
Observatio 57

ANOVA
df SS MS F Significance F
Regression 1 0.01415 0.01415 0.409426 0.524918
Residual 55 1.900885 0.034562
Total 56 1.915036

Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%
Lower 95.0%
Upper 95.0%
Intercept 0.049504 0.024631 2.009823 0.049366 0.000142 0.098866 0.000142 0.098866
X Variable 0.296636 0.463593 0.639864 0.524918 -0.63242 1.225697 -0.63242 1.225697
DATE Market Index SZGR Market returns
Oct-19 34,203.68 219.2 6.6238%
Sep-19 32,078.85 238 8.1111%
Aug-19 29,672.12 240 -7.0960%
Jul-19 31,938.48 239.82 -5.7906%
Jun-19 33,901.58 232 -5.7630%
May-19 35,974.79 231 -2.2011%
Apr-19 36,784.44 228.1 -4.8252%
Mar-19 38,649.34 247 -1.0377%
Feb-19 39,054.60 280.01 -4.2768%
Jan-19 40,799.52 292.5 10.0706%
Dec-18 37,066.67 279 -8.4684%
Nov-18 40,496.03 322.19 -2.7691%
Oct-18 41,649.36 284.98 1.5873%
Sep-18 40,998.59 264.85 -1.7815%
Aug-18 41,742.24 250.99 -2.2714%
Jul-18 42,712.43 255.07 1.9125%
Jun-18 41,910.90 186.21 -2.1839%
May-18 42,846.64 179.28 -5.8085%
Apr-18 45,488.86 183.95 -0.1568%
Mar-18 45,560.30 190.13 5.3675%
Feb-18 43,239.44 127 -1.8380%
Jan-18 44,049.05 134.18 8.8397%
Dec-17 40,471.48 130.02 1.1525%
Nov-17 40,010.36 188.2 0.9924%
Oct-17 39,617.19 228.27 -6.5837%
Sep-17 42,409.27 170.33 2.9177%
Aug-17 41,206.99 98.92 -10.4399%
Jul-17 46,010.45 77.08 -1.1915%
Jun-17 46,565.29 74.96 -7.9584%
May-17 50,591.57 77 2.6179%
Apr-17 49,300.90 79.58 2.3776%
Mar-17 48,155.93 84.04 -0.7794%
Feb-17 48,534.23 59.75 -0.4583%
Jan-17 48,757.67 48.35 1.9886%
Dec-16 47,806.97 31.19 12.1640%
Nov-16 42,622.37 27.5 6.8395%
Oct-16 39,893.84 26.04 -1.5983%
Sep-16 40,541.81 26.12 1.8393%
Aug-16 39,809.58 28.33 0.7103%
Jul-16 39,528.82 25.58 4.6192%
Jun-16 37,783.54 23.71 4.7751%
May-16 36,061.56 24.58 3.8661%
Apr-16 34,719.29 26.67 4.7687%
Mar-16 33,139.00 25.04 5.6408%
Feb-16 31,369.51 27.75 0.2266%
Jan-16 31,298.60 26.83 -4.6249%
Dec-15 32,816.31 32.5 1.7396%
Nov-15 32,255.20 33.58 -5.8561%
Oct-15 34,261.60 32.08 6.1144%
Sep-15 32,287.41 31.58 -7.0237%
Aug-15 34,726.51 34.17 -2.8399%
Jul-15 35,741.52 33.07 3.9032%
Jun-15 34,398.86 37.5 4.0599%
May-15 33,056.79 29.32 -1.9958%
Apr-15 33,729.96 28.35 11.5635%
Mar-15 30,233.87 29.9 -10.1044%
Feb-15 33,632.19 32.26 -2.3565%
Jan-15 34,443.87 29.5

CAPM Model
Average Returns 0.1283%
Total risk 5.3588%
Beta 0.2966362004

Expected Returns (Ri) 5.3957%

SZGR returns Risk free rate Excess Returns
-7.8992% 13.2504% -6.6266%
-0.8333% 13.7179% -5.6068%
0.0751% 13.7490% -20.8450%
3.3707% 13.7457% -19.5363%
0.4329% 12.7381% -18.5011%
1.2714% 12.5747% -14.7758%
-7.6518% 10.9503% -15.7755%
-11.7889% 10.5428% -11.5805%
-4.2701% 10.5498% -14.8266%
4.8387% 10.3010% -0.2304%
-13.4051% 10.2966% -18.7650%
13.0571% 8.7981% -11.5672%
7.6005% 8.7919% -7.2046%
5.5221% 7.7500% -9.5315%
-1.5996% 7.7313% -10.0027%
36.9798% 7.7213% -5.8088%
3.8655% 6.7595% -8.9434%
-2.5387% 6.2585% -12.0670%
-3.2504% 6.2369% -6.3937%
49.7087% 6.2591% -0.8916%
-5.3510% 6.2143% -8.0523%
3.1995% 5.9910% 2.8487%
-30.9139% 5.9910% -4.8385%
-17.5538% 5.9910% -4.9986%
34.0163% 5.9910% -12.5747%
72.1896% 5.9910% -3.0733%
28.3342% 5.9909% -16.4308%
2.8282% 5.9910% -7.1825%
-2.6494% 5.9910% -13.9494%
-3.2420% 5.9910% -3.3731%
-5.3070% 5.9753% -3.5977%
40.6527% 5.9463% -6.7257%
23.5781% 5.9417% -6.4000%
55.0176% 5.8821% -3.8935%
13.4182% 5.9649% 6.1991%
5.6068% 5.9189% 0.9206%
-0.3063% 5.8571% -7.4554%
-7.8009% 5.8571% -4.0178%
10.7506% 5.8568% -5.1465%
7.8870% 5.7873% -1.1681%
-3.5395% 5.9463% -1.1712%
 -7.8365% 6.2000% -2.3339%
6.5096% 6.1697% -1.4010%
-9.7658% 6.1515% -0.5107%
3.4290% 6.2141% -5.9875%
-17.4462% 6.1617% -10.7866%
-3.2162% 6.3817% -4.6421%
4.6758% 6.2591% -12.1152%
1.5833% 6.4380% -0.3236%
-7.5797% 6.4624% -13.4861%
3.3263% 6.9308% -9.7707%
-11.8133% 6.9190% -3.0158%
27.8990% 6.7436% -2.6837%
3.4215% 6.8594% -8.8552%
-5.1839% 7.9178% 3.6457%
-7.3156% 8.1578% -18.2622%
9.3559% 8.3421% -10.6986%
9.0715%

4.9885% 7.6064% -7.4524%

18.4924% 2.3936% 6.1985%