IGBVL

Fecha cotizacin

Cierre

FERREYCORP
Rent

Cierre

Rent

1/2/2014

15876.48

#DIV/0!

1.86

#DIV/0!

1/3/2014

15878.75

0.0142978796

1.86

1/6/2014

15839.65

-0.2462410454

1.85

-0.5376344086

1/7/2014

15830.62

-0.0570088354

1.84

-0.5405405405

1/8/2014

15955.59

0.7894194921

1.85

0.5434782609

1/9/2014

15954.30

-0.0080849408

1.90

2.7027027027

1/10/2014

16072.72

0.7422450374

1.94

2.1052631579

1/13/2014

16140.16

0.41959295

1.93

-0.5154639175

1/14/2014

16133.42

-0.0417591895

1.89

-2.0725388601

1/15/2014

16179.30

0.2843786376

1.91

1.0582010582

1/16/2014

16321.60

0.8795188914

1.90

-0.5235602094

1/17/2014

16465.43

0.8812248799

1.90

1/20/2014

16535.05

0.422825277

1.90

1/21/2014

16530.24

-0.0290897215

1.88

-1.0526315789

1/22/2014

16380.63

-0.905068529

1.86

-1.0638297872

1/23/2014

16377.16

-0.0211835564

1.86

1/24/2014

16056.19

-1.9598636149

1.86

1/27/2014

15786.49

-1.6797260122

1.85

-0.5376344086

1/28/2014

15633.76

-0.9674728201

1.81

-2.1621621622

1/29/2014

15396.45

-1.5179329861

1.79

-1.1049723757

1/30/2014

15550.22

0.9987367218

1.79

1/31/2014

15452.05

-0.6313093963

1.78

-0.5586592179

2/3/2014

15050.95

-2.595772082

1.72

-3.3707865169

2/4/2014

15080.39

0.195602271

1.71

-0.5813953488

2/5/2014

15071.95

-0.0559667223

1.67

-2.3391812865

2/6/2014

15109.53

0.2493373452

1.67

2/7/2014

15349.08

1.5854232395

1.68

0.5988023952

2/10/2014

15284.58

-0.4202206256

1.65

-1.7857142857

2/11/2014

15330.41

0.2998446801

1.65

2/12/2014

15351.01

0.1343734447

1.65

2/13/2014

15447.67

0.6296654096

1.63

-1.2121212121

2/14/2014

15564.23

0.7545474496

1.65

1.226993865

2/17/2014

15604.35

0.2577705418

1.67

1.2121212121

2/18/2014

15565.93

-0.2462133956

1.66

-0.5988023952

2/19/2014

15417.88

-0.9511156738

1.65

-0.6024096386

2/20/2014

15479.51

0.3997307023

1.64

-0.6060606061

2/21/2014

15564.71

0.5504050193

1.64

2/24/2014

15593.31

0.1837490066

1.65

0.6097560976

2/25/2014

15488.66

-0.6711211411

1.66

0.6060606061

2/26/2014

15349.50

-0.8984637793

1.65

-0.6024096386

2/27/2014

15306.96

-0.2771425779

1.66

0.6060606061

2/28/2014

15441.26

0.8773786565

1.68

1.2048192771

3/3/2014

15156.89

-1.8416243234

1.65

-1.7857142857

3/4/2014

15210.19

0.3516552538

1.67

1.2121212121

3/5/2014

15184.22

-0.1707407994

1.68

0.5988023952

3/6/2014

15225.12

0.2693585841

1.67

-0.5952380952

3/7/2014

15129.25

-0.6296830501

1.66

-0.5988023952

3/10/2014

15097.11

-0.212436175

1.68

1.2048192771

3/11/2014

15110.22

0.086837812

1.69

0.5952380952

3/12/2014

15155.35

0.2986720246

1.67

-1.1834319527

3/13/2014

14874.97

-1.8500397549

1.63

-2.3952095808

3/14/2014

14804.94

-0.4707908655

1.60

-1.8404907975

3/17/2014

14768.52

-0.2459989706

1.62

1.25

3/18/2014

14676.63

-0.6222018185

1.60

-1.2345679012

3/19/2014

14455.76

-1.5049095058

1.58

-1.25

3/20/2014

14454.23

-0.0105840163

1.57

-0.6329113924

3/21/2014

14407.32

-0.324541674

1.55

-1.2738853503

3/24/2014

14341.02

-0.4601827404

1.55

3/25/2014

14134.53

-1.4398557425

1.53

-1.2903225806

3/26/2014

14032.78

-0.7198682942

1.46

-4.5751633987

3/27/2014

14037.48

0.0334930071

1.46

3/28/2014

14273.32

1.6800736314

1.50

2.7397260274

3/31/2014

14298.92

0.1793556089

1.51

0.6666666667

4/1/2014

14297.44

-0.0103504321

1.51

MEDIA
SIGMA

BETA

SIGMA ADIMENSIONAL
RT:RIESGO TOTAL

MEDIA
BETA

-0.1626198627

-0.3219462415

0.84427427
1
1
2

1.30278046
0.86719554
1.5430773
2.41027284

-0.1626198627

-0.3219462415

0.86719554

CAMP:RENDIMIENTO MINIMO EXIGIDO POR EL INVERSOR

CAMP =Rf + [E(Rm)-Rf]b +RP

Rf=tasa libre de riesgo 6%

E(Rm):Rentabilidad esperada del mercado SCP 500
beta: riesgo del negocio que estemos estudiando
RP: riesgo pais, risk premium 1.82 fitch rating
risk premium about peru by damodarum

VAN= -I +

F1
+
(1+CAMP)1

Fn
(1+camp)n
elevado

GRAA Y MONTERO
Cierre

CASAGRANDE

Rent

Cierre

TELEFNICA

Rent

Cierre

Rent

12.00

#DIV/0!

8.15

#DIV/0!

2.9

#DIV/0!

12.05

0.4166666667

8.15

2.99

3.1034482759

12.05

8.15

2.97

-0.6688963211

12.10

0.4149377593

8.1

-0.6134969325

2.97

12.18

0.6611570248

8.09

-0.1234567901

2.97

12.20

0.1642036125

-1.1124845488

2.92

-1.6835016835

12.30

0.8196721311

7.9

-1.25

2.92

12.20

-0.8130081301

7.9

2.92

12.22

0.1639344262

7.8

-1.2658227848

2.92

12.25

0.2454991817

7.8

2.89

-1.0273972603

12.20

-0.4081632653

7.7

-1.2820512821

2.85

-1.384083045

12.30

0.8196721311

7.6

-1.2987012987

2.8

-1.7543859649

12.23

-0.5691056911

7.53

-0.9210526316

2.8

12.00

-1.8806214227

7.5

-0.3984063745

2.8

12.10

0.8333333333

7.3

-2.6666666667

2.8

12.06

-0.3305785124

7.2

-1.3698630137

2.8

11.81

-2.0729684909

-2.7777777778

2.8

11.60

-1.7781541067

6.9

-1.4285714286

2.81

0.3571428571

11.70

0.8620689655

6.9

2.85

1.4234875445

11.30

-3.4188034188

6.5

-5.7971014493

2.8

-1.7543859649

11.50

1.7699115044

6.5

2.76

-1.4285714286

11.90

3.4782608696

6.27

-3.5384615385

2.76

11.40

-4.2016806723

-4.3062200957

2.76

11.15

-2.1929824561

6.1

1.6666666667

2.75

-0.3623188406

10.92

-2.0627802691

6.4

4.9180327869

2.75

11.05

1.1904761905

6.5

1.5625

2.79

1.4545454545

11.00

-0.4524886878

6.8

4.6153846154

2.78

-0.3584229391

10.90

-0.9090909091

6.8

2.79

0.3597122302

10.80

-0.9174311927

6.8

2.73

-2.1505376344

11.15

3.2407407407

6.74

-0.8823529412

2.7

-1.0989010989

11.15

6.74

2.7

11.20

0.4484304933

6.74

2.7

11.25

0.4464285714

6.74

2.7

10.85

-3.5555555556

6.7

-0.5934718101

2.7

10.69

-1.4746543779

6.6

-1.4925373134

2.7

10.58

-1.0289990645

6.6

2.7

10.79

1.9848771267

6.6

2.7

10.95

1.4828544949

6.65

0.7575757576

2.7

10.90

-0.4566210046

6.65

2.68

-0.7407407407

10.79

-1.0091743119

6.65

2.68

10.73

-0.5560704356

6.6

-0.7518796992

2.68

10.75

0.1863932898

6.6

2.67

-0.3731343284

10.55

-1.8604651163

6.2

-6.0606060606

2.67

10.65

0.9478672986

6.07

-2.0967741935

2.68

0.3745318352

10.56

-0.8450704225

6.2

2.1416803954

2.67

-0.3731343284

11.26

6.6287878788

6.31

1.7741935484

2.67

11.25

-0.0888099467

6.15

-2.5356576862

2.67

11.10

-1.3333333333

6.1

-0.8130081301

2.67

11.12

0.1801801802

6.16

0.9836065574

2.67

11.15

0.2697841727

6.22

0.974025974

2.67

11.10

-0.4484304933

5.95

-4.3408360129

2.65

-0.7490636704

10.65

-4.0540540541

5.83

-2.0168067227

2.63

-0.7547169811

10.70

0.4694835681

2.9159519726

2.63

10.63

-0.6542056075

6.05

0.8333333333

2.65

0.7604562738

10.21

-3.9510818438

6.05

2.65

10.55

3.3300685602

-0.826446281

2.63

-0.7547169811

10.00

-5.2132701422

2.63

9.79

-2.1

2.59

-1.5209125475

9.90

1.1235955056

5.53

-7.8333333333

2.57

-0.7722007722

9.85

-0.5050505051

5.8

4.8824593128

2.57

9.65

-2.0304568528

5.8

2.53

-1.5564202335

9.80

1.5544041451

3.4482758621

2.53

9.80

6.15

2.5

2.53

9.65

-1.5306122449

6.15

2.53

-0.3265092494

-0.4193675875

-0.2132240999

1.95725345
0.96970402
2.31826733
3.28797135

2.30941929
1.55263068
2.73538988
4.28802056

0.80608115
0.08095044
0.9547622
1.03571264
RIESGO POR
DEBAJO EL
MERCADO

-0.3265092494

-0.4193675875

-0.2132240999

0.96970402

1.55263068

0.08095044

BETA alto
proyecto no viable

BETA bajo
proyecto viable

ut peru by damodarum

BBVA
Cierre

Rent
2.11

#DIV/0!

2.1

-0.4739336493

2.1

2.1

2.15

2.380952381

2.19

1.8604651163

2.14

-2.2831050228

2.19

2.3364485981

2.19

2.19

2.25

2.7397260274

2.28

1.3333333333

2.28

2.35

3.0701754386

2.35

2.35

2.3

-2.1276595745

2.24

-2.6086956522

2.15

-4.0178571429

2.05

-4.6511627907

2.1

2.4390243902

2.01

-4.2857142857

1.92

-4.4776119403

1.92

1.93

0.5208333333

3.6269430052

2.1

2.01

-4.2857142857

2.01

2.1

4.4776119403

2.12

0.9523809524

2.15

1.4150943396

2.15

2.11

-1.8604651163

2.11

2.11

2.11

2.11

2.11

2.12

0.4739336493

2.12

2.08

-1.8867924528

2.01

-3.3653846154

2.02

0.4975124378

2.02

2.05

1.4851485149

2.03

-0.9756097561

2.04

0.4926108374

2.05

0.4901960784

2.09

1.9512195122

2.05

-1.9138755981

1.98

-3.4146341463

1.95

-1.5151515152

1.95

1.88

-3.5897435897

1.85

-1.5957446809

1.86

0.5405405405

1.83

-1.6129032258

1.8

-1.6393442623

1.8

1.82

1.1111111111

1.87

2.7472527473

1.88

0.5347593583

1.9

1.0638297872

-0.1434920615

2.14687922
1.7467331
2.54286943 REGLA DE TRES
4.28960253

SGO POR
BAJO EL
RCADO

-0.1434920615

1.7467331

X
Y

FERREYCORP

RENTABILIDAD

SIGMA ADIMEBETA