IndBET Master FB

bet yt y t-1
Date
11.11.2005 5789.99 a251 11.15.2004 b251 3207.47 3207.47 3207.47
11.10.2005 5716.68 a250 11.16.2004 b250 3252.74 3252.74 3252.74 3207.47
11.09.2005 5683.85 a249 11.17.2004 b249 3261.72 3261.72 3261.72 3252.74
11.08.2005 5653.33 a248 11.18.2004 b248 3234.2 3234.2 3234.2 3261.72
11.07.2005 5722.39 a247 11.19.2004 b247 3248.57 3248.57 3248.57 3234.2
11.04.2005 5684.87 a246 11.22.2004 b246 3279.41 3279.41 3279.41 3248.57
11.03.2005 5666.3 a245 11.23.2004 b245 3335.56 3335.56 3335.56 3279.41
11.02.2005 5780 a244 11.24.2004 b244 3365.95 3365.95 3365.95 3335.56
11.01.2005 5684.32 a243 11.25.2004 b243 3355.35 3355.35 3355.35 3365.95
10.31.2005 5718.94 a242 11.26.2004 b242 3383 3383 3383 3355.35
10.28.2005 5863.69 a241 11.29.2004 b241 3442.89 3442.89 3442.89 3383
10.27.2005 6028.6 a240 11.30.2004 b240 3449.25 3449.25 3449.25 3442.89
10.26.2005 6133.05 a239 12.02.2004 b239 3535.91 3535.91 3535.91 3449.25
10.25.2005 6156.38 a238 12.03.2004 b238 3623.48 3623.48 3623.48 3535.91
10.24.2005 6043.38 a237 12.06.2004 b237 3569.86 3569.86 3569.86 3623.48
10.21.2005 5990.07 a236 12.07.2004 b236 3549.05 3549.05 3549.05 3569.86
10.20.2005 5991.61 a235 12.08.2004 b235 3566.09 3566.09 3566.09 3549.05
10.19.2005 6001.02 a234 12.09.2004 b234 3594.11 3594.11 3594.11 3566.09
10.18.2005 6056.82 a233 12.10.2004 b233 3600.39 3600.39 3600.39 3594.11
10.17.2005 5900.08 a232 12.13.2004 b232 3618.36 3618.36 3618.36 3600.39
10.14.2005 5828.13 a231 12.14.2004 b231 3643.88 3643.88 3643.88 3618.36
10.13.2005 5900.29 a230 12.15.2004 b230 3659.59 3659.59 3659.59 3643.88
10.12.2005 5991.06 a229 12.16.2004 b229 3696.74 3696.74 3696.74 3659.59
10.11.2005 5913.73 a228 12.17.2004 b228 3730.76 3730.76 3730.76 3696.74
10.10.2005 5869.61 a227 12.20.2004 b227 3794.29 3794.29 3794.29 3730.76
10.07.2005 5835.13 a226 12.21.2004 b226 3800.84 3800.84 3800.84 3794.29
10.06.2005 5918.46 a225 12.22.2004 b225 3838.46 3838.46 3838.46 3800.84
10.05.2005 5892.76 a224 12.23.2004 b224 3810.81 3810.81 3810.81 3838.46
10.04.2005 5918.44 a223 12.24.2004 b223 3781.83 3781.83 3781.83 3810.81
10.03.2005 5875.42 a222 01.03.2005 b222 3945.38 3945.38 3945.38 3781.83
09.30.2005 5885.9 a221 01.04.2005 b221 4122.77 4122.77 4122.77 3945.38
09.29.2005 5913.55 a220 01.05.2005 b220 4323.2 4323.2 4323.2 4122.77
09.28.2005 5937.94 a219 01.06.2005 b219 4346.8 4346.8 4346.8 4323.2
09.27.2005 6037.94 a218 01.07.2005 b218 4412.31 4412.31 4412.31 4346.8
09.26.2005 5967.7 a217 01.10.2005 b217 4476.58 4476.58 4476.58 4412.31
09.23.2005 5878.23 a216 01.11.2005 b216 4404.8 4404.8 4404.8 4476.58
09.22.2005 5845.94 a215 01.12.2005 b215 4371.11 4371.11 4371.11 4404.8
09.21.2005 5860.31 a214 01.13.2005 b214 4461.64 4461.64 4461.64 4371.11
09.20.2005 5973.83 a213 01.14.2005 b213 4537.57 4537.57 4537.57 4461.64
09.19.2005 5900.32 a212 01.17.2005 b212 4607.79 4607.79 4607.79 4537.57
09.16.2005 5821.43 a211 01.18.2005 b211 4762.24 4762.24 4762.24 4607.79
09.15.2005 5838.83 a210 01.19.2005 b210 4896.03 4896.03 4896.03 4762.24
09.14.2005 5712.38 a209 01.20.2005 b209 4813.87 4813.87 4813.87 4896.03
09.13.2005 5635.5 a208 01.21.2005 b208 4927.18 4927.18 4927.18 4813.87
09.12.2005 5538.72 a207 01.24.2005 b207 5202.56 5202.56 5202.56 4927.18
09.09.2005 5506.33 a206 01.25.2005 b206 5181.32 5181.32 5181.32 5202.56
09.08.2005 5418.76 a205 01.26.2005 b205 5097.49 5097.49 5097.49 5181.32
09.07.2005 5342.45 a204 01.27.2005 b204 5042.36 5042.36 5042.36 5097.49
09.06.2005 5345.03 a203 01.28.2005 b203 5060.58 5060.58 5060.58 5042.36
09.05.2005 5273.57 a202 01.31.2005 b202 5048.36 5048.36 5048.36 5060.58
09.02.2005 5395.51 a201 02.01.2005 b201 5106.49 5106.49 5106.49 5048.36
09.01.2005 5375.16 a200 02.02.2005 b200 5222.8 5222.8 5222.8 5106.49
08.31.2005 5303.97 a199 02.03.2005 b199 5318.98 5318.98 5318.98 5222.8
08.30.2005 5282.02 a198 02.04.2005 b198 5268.16 5268.16 5268.16 5318.98
08.29.2005 5173.42 a197 02.07.2005 b197 5305.97 5305.97 5305.97 5268.16
08.26.2005 5153.86 a196 02.08.2005 b196 5121.05 5121.05 5121.05 5305.97
08.25.2005 5226.94 a195 02.09.2005 b195 4850.19 4850.19 4850.19 5121.05
08.24.2005 5272.54 a194 02.10.2005 b194 5166.78 5166.78 5166.78 4850.19
08.23.2005 5291.35 a193 02.11.2005 b193 5361.54 5361.54 5361.54 5166.78
08.22.2005 5172.86 a192 02.14.2005 b192 5730.05 5730.05 5730.05 5361.54
08.19.2005 5240.88 a191 02.15.2005 b191 5544.29 5544.29 5544.29 5730.05
08.18.2005 5232.54 a190 02.16.2005 b190 5408.29 5408.29 5408.29 5544.29
08.17.2005 5327.35 a189 02.17.2005 b189 5329.09 5329.09 5329.09 5408.29
08.16.2005 5363.28 a188 02.18.2005 b188 5636.07 5636.07 5636.07 5329.09
08.15.2005 5406.2 a187 02.21.2005 b187 5843.22 5843.22 5843.22 5636.07
08.12.2005 5383.45 a186 02.22.2005 b186 5785.99 5785.99 5785.99 5843.22
08.11.2005 5572.55 a185 02.23.2005 b185 5950.25 5950.25 5950.25 5785.99
08.10.2005 5572.55 a184 02.24.2005 b184 6018.16 6018.16 6018.16 5950.25
08.09.2005 5579.11 a183 02.25.2005 b183 5843.52 5843.52 5843.52 6018.16
08.08.2005 5623.35 a182 02.28.2005 b182 5734.93 5734.93 5734.93 5843.52
08.05.2005 5588.01 a181 03.01.2005 b181 5887.49 5887.49 5887.49 5734.93
08.04.2005 5638.45 a180 03.02.2005 b180 5849.4 5849.4 5849.4 5887.49
08.03.2005 5541.87 a179 03.03.2005 b179 5803.58 5803.58 5803.58 5849.4
08.02.2005 5386.09 a178 03.04.2005 b178 5780.65 5780.65 5780.65 5803.58
08.01.2005 5322.77 a177 03.07.2005 b177 5624.78 5624.78 5624.78 5780.65
07.29.2005 5229.64 a176 03.08.2005 b176 5547.35 5547.35 5547.35 5624.78
07.28.2005 5180.28 a175 03.09.2005 b175 5584.71 5584.71 5584.71 5547.35
07.27.2005 5185 a174 03.10.2005 b174 5669.1 5669.1 5669.1 5584.71
07.26.2005 5175.15 a173 03.11.2005 b173 5710.15 5710.15 5710.15 5669.1
07.25.2005 5194.64 a172 03.14.2005 b172 5636.72 5636.72 5636.72 5710.15
07.22.2005 5167.31 a171 03.15.2005 b171 5514.5 5514.5 5514.5 5636.72
07.21.2005 5113.24 a170 03.16.2005 b170 5323.81 5323.81 5323.81 5514.5
07.20.2005 5103.66 a169 03.17.2005 b169 4942.59 4942.59 4942.59 5323.81
07.19.2005 4960.75 a168 03.18.2005 b168 4791.84 4791.84 4791.84 4942.59
07.18.2005 4895.54 a167 03.21.2005 b167 4742 4742 4742 4791.84
07.15.2005 4930.83 a166 03.22.2005 b166 4655.71 4655.71 4655.71 4742
07.14.2005 4932.35 a165 03.23.2005 b165 4742.4 4742.4 4742.4 4655.71
07.13.2005 4911.67 a164 03.24.2005 b164 4760.42 4760.42 4760.42 4742.4
07.12.2005 4888.1 a163 03.25.2005 b163 4663.47 4663.47 4663.47 4760.42
07.11.2005 4726.27 a162 03.28.2005 b162 4151.22 4151.22 4151.22 4663.47
07.08.2005 4651.3 a161 03.29.2005 b161 4339.77 4339.77 4339.77 4151.22
07.07.2005 4626.13 a160 03.30.2005 b160 4489.72 4489.72 4489.72 4339.77
07.06.2005 4575.24 a159 03.31.2005 b159 4720.36 4720.36 4720.36 4489.72
07.05.2005 4575.24 a158 04.01.2005 b158 4934.17 4934.17 4934.17 4720.36
07.04.2005 4557.13 a157 04.04.2005 b157 4914.97 4914.97 4914.97 4934.17
06.24.2005 4505.37 a156 04.05.2005 b156 4931.23 4931.23 4931.23 4914.97
06.23.2005 4536.57 a155 04.06.2005 b155 4894.03 4894.03 4894.03 4931.23
06.22.2005 4511.96 a154 04.07.2005 b154 4794.68 4794.68 4794.68 4894.03
06.21.2005 4543.1 a153 04.08.2005 b153 4772.27 4772.27 4772.27 4794.68
06.20.2005 4530.02 a152 04.11.2005 b152 4813.46 4813.46 4813.46 4772.27
06.17.2005 4532.63 a151 04.12.2005 b151 4864.97 4864.97 4864.97 4813.46
06.16.2005 4545.76 a150 04.13.2005 b150 4931.92 4931.92 4931.92 4864.97
06.15.2005 4552.31 a149 04.14.2005 b149 4840.24 4840.24 4840.24 4931.92
06.14.2005 4592.83 a148 04.15.2005 b148 4721.05 4721.05 4721.05 4840.24
06.13.2005 4557.98 a147 04.18.2005 b147 4635.73 4635.73 4635.73 4721.05
06.10.2005 4541.36 a146 04.19.2005 b146 4561.55 4561.55 4561.55 4635.73
06.09.2005 4561.15 a145 04.20.2005 b145 4356.14 4356.14 4356.14 4561.55
06.08.2005 4458.18 a144 04.21.2005 b144 4465.13 4465.13 4465.13 4356.14
06.07.2005 4421.48 a143 04.22.2005 b143 4456.18 4456.18 4456.18 4465.13
06.06.2005 4364.63 a142 04.25.2005 b142 4319.27 4319.27 4319.27 4456.18
06.03.2005 4472.68 a141 04.26.2005 b141 4394.57 4394.57 4394.57 4319.27
06.02.2005 4495.41 a140 04.27.2005 b140 4370.77 4370.77 4370.77 4394.57
06.01.2005 4485.49 a139 04.28.2005 b139 4393.65 4393.65 4393.65 4370.77
05.31.2005 4365.84 a138 04.29.2005 b138 4442.09 4442.09 4442.09 4393.65
05.30.2005 4236.51 a137 05.03.2005 b137 4544.94 4544.94 4544.94 4442.09
05.27.2005 4502.87 a136 05.04.2005 b136 4675.13 4675.13 4675.13 4544.94
05.26.2005 4579.53 a135 05.05.2005 b135 4678.59 4678.59 4678.59 4675.13
05.25.2005 4694.29 a134 05.06.2005 b134 4725.24 4725.24 4725.24 4678.59
05.24.2005 4736.56 a133 05.09.2005 b133 4697.34 4697.34 4697.34 4725.24
05.23.2005 4744.02 a132 05.10.2005 b132 4611.08 4611.08 4611.08 4697.34
05.20.2005 4776.06 a131 05.11.2005 b131 4535.55 4535.55 4535.55 4611.08
05.19.2005 4703.24 a130 05.12.2005 b130 4517.88 4517.88 4517.88 4535.55
05.18.2005 4613.23 a129 05.13.2005 b129 4545.75 4545.75 4545.75 4517.88
05.17.2005 4605.68 a128 05.16.2005 b128 4566.84 4566.84 4566.84 4545.75
05.16.2005 4566.84 a127 05.17.2005 b127 4605.68 4605.68 4605.68 4566.84
05.13.2005 4545.75 a126 05.18.2005 b126 4613.23 4613.23 4613.23 4605.68
05.12.2005 4517.88 a125 05.19.2005 b125 4703.24 4703.24 4703.24 4613.23
05.11.2005 4535.55 a124 05.20.2005 b124 4776.06 4776.06 4776.06 4703.24
05.10.2005 4611.08 a123 05.23.2005 b123 4744.02 4744.02 4744.02 4776.06
05.09.2005 4697.34 a122 05.24.2005 b122 4736.56 4736.56 4736.56 4744.02
05.06.2005 4725.24 a121 05.25.2005 b121 4694.29 4694.29 4694.29 4736.56
05.05.2005 4678.59 a120 05.26.2005 b120 4579.53 4579.53 4579.53 4694.29
05.04.2005 4675.13 a119 05.27.2005 b119 4502.87 4502.87 4502.87 4579.53
05.03.2005 4544.94 a118 05.30.2005 b118 4236.51 4236.51 4236.51 4502.87
04.29.2005 4442.09 a117 05.31.2005 b117 4365.84 4365.84 4365.84 4236.51
04.28.2005 4393.65 a116 06.01.2005 b116 4485.49 4485.49 4485.49 4365.84
04.27.2005 4370.77 a115 06.02.2005 b115 4495.41 4495.41 4495.41 4485.49
04.26.2005 4394.57 a114 06.03.2005 b114 4472.68 4472.68 4472.68 4495.41
04.25.2005 4319.27 a113 06.06.2005 b113 4364.63 4364.63 4364.63 4472.68
04.22.2005 4456.18 a112 06.07.2005 b112 4421.48 4421.48 4421.48 4364.63
04.21.2005 4465.13 a111 06.08.2005 b111 4458.18 4458.18 4458.18 4421.48
04.20.2005 4356.14 a110 06.09.2005 b110 4561.15 4561.15 4561.15 4458.18
04.19.2005 4561.55 a109 06.10.2005 b109 4541.36 4541.36 4541.36 4561.15
04.18.2005 4635.73 a108 06.13.2005 b108 4557.98 4557.98 4557.98 4541.36
04.15.2005 4721.05 a107 06.14.2005 b107 4592.83 4592.83 4592.83 4557.98
04.14.2005 4840.24 a106 06.15.2005 b106 4552.31 4552.31 4552.31 4592.83
04.13.2005 4931.92 a105 06.16.2005 b105 4545.76 4545.76 4545.76 4552.31
04.12.2005 4864.97 a104 06.17.2005 b104 4532.63 4532.63 4532.63 4545.76
04.11.2005 4813.46 a103 06.20.2005 b103 4530.02 4530.02 4530.02 4532.63
04.08.2005 4772.27 a102 06.21.2005 b102 4543.1 4543.1 4543.1 4530.02
04.07.2005 4794.68 a101 06.22.2005 b101 4511.96 4511.96 4511.96 4543.1
04.06.2005 4894.03 a100 06.23.2005 b100 4536.57 4536.57 4536.57 4511.96
04.05.2005 4931.23 a99 06.24.2005 b99 4505.37 4505.37 4505.37 4536.57
04.04.2005 4914.97 a98 07.04.2005 b98 4557.13 4557.13 4557.13 4505.37
04.01.2005 4934.17 a97 07.05.2005 b97 4575.24 4575.24 4575.24 4557.13
03.31.2005 4720.36 a96 07.06.2005 b96 4575.24 4575.24 4575.24 4575.24
03.30.2005 4489.72 a95 07.07.2005 b95 4626.13 4626.13 4626.13 4575.24
03.29.2005 4339.77 a94 07.08.2005 b94 4651.3 4651.3 4651.3 4626.13
03.28.2005 4151.22 a93 07.11.2005 b93 4726.27 4726.27 4726.27 4651.3
03.25.2005 4663.47 a92 07.12.2005 b92 4888.1 4888.1 4888.1 4726.27
03.24.2005 4760.42 a91 07.13.2005 b91 4911.67 4911.67 4911.67 4888.1
03.23.2005 4742.4 a90 07.14.2005 b90 4932.35 4932.35 4932.35 4911.67
03.22.2005 4655.71 a89 07.15.2005 b89 4930.83 4930.83 4930.83 4932.35
03.21.2005 4742 a88 07.18.2005 b88 4895.54 4895.54 4895.54 4930.83
03.18.2005 4791.84 a87 07.19.2005 b87 4960.75 4960.75 4960.75 4895.54
03.17.2005 4942.59 a86 07.20.2005 b86 5103.66 5103.66 5103.66 4960.75
03.16.2005 5323.81 a85 07.21.2005 b85 5113.24 5113.24 5113.24 5103.66
03.15.2005 5514.5 a84 07.22.2005 b84 5167.31 5167.31 5167.31 5113.24
03.14.2005 5636.72 a83 07.25.2005 b83 5194.64 5194.64 5194.64 5167.31
03.11.2005 5710.15 a82 07.26.2005 b82 5175.15 5175.15 5175.15 5194.64
03.10.2005 5669.1 a81 07.27.2005 b81 5185 5185 5185 5175.15
03.09.2005 5584.71 a80 07.28.2005 b80 5180.28 5180.28 5180.28 5185
03.08.2005 5547.35 a79 07.29.2005 b79 5229.64 5229.64 5229.64 5180.28
03.07.2005 5624.78 a78 08.01.2005 b78 5322.77 5322.77 5322.77 5229.64
03.04.2005 5780.65 a77 08.02.2005 b77 5386.09 5386.09 5386.09 5322.77
03.03.2005 5803.58 a76 08.03.2005 b76 5541.87 5541.87 5541.87 5386.09
03.02.2005 5849.4 a75 08.04.2005 b75 5638.45 5638.45 5638.45 5541.87
03.01.2005 5887.49 a74 08.05.2005 b74 5588.01 5588.01 5588.01 5638.45
02.28.2005 5734.93 a73 08.08.2005 b73 5623.35 5623.35 5623.35 5588.01
02.25.2005 5843.52 a72 08.09.2005 b72 5579.11 5579.11 5579.11 5623.35
02.24.2005 6018.16 a71 08.10.2005 b71 5572.55 5572.55 5572.55 5579.11
02.23.2005 5950.25 a70 08.11.2005 b70 5572.55 5572.55 5572.55 5572.55
02.22.2005 5785.99 a69 08.12.2005 b69 5383.45 5383.45 5383.45 5572.55
02.21.2005 5843.22 a68 08.15.2005 b68 5406.2 5406.2 5406.2 5383.45
02.18.2005 5636.07 a67 08.16.2005 b67 5363.28 5363.28 5363.28 5406.2
02.17.2005 5329.09 a66 08.17.2005 b66 5327.35 5327.35 5327.35 5363.28
02.16.2005 5408.29 a65 08.18.2005 b65 5232.54 5232.54 5232.54 5327.35
02.15.2005 5544.29 a64 08.19.2005 b64 5240.88 5240.88 5240.88 5232.54
02.14.2005 5730.05 a63 08.22.2005 b63 5172.86 5172.86 5172.86 5240.88
02.11.2005 5361.54 a62 08.23.2005 b62 5291.35 5291.35 5291.35 5172.86
02.10.2005 5166.78 a61 08.24.2005 b61 5272.54 5272.54 5272.54 5291.35
02.09.2005 4850.19 a60 08.25.2005 b60 5226.94 5226.94 5226.94 5272.54
02.08.2005 5121.05 a59 08.26.2005 b59 5153.86 5153.86 5153.86 5226.94
02.07.2005 5305.97 a58 08.29.2005 b58 5173.42 5173.42 5173.42 5153.86
02.04.2005 5268.16 a57 08.30.2005 b57 5282.02 5282.02 5282.02 5173.42
02.03.2005 5318.98 a56 08.31.2005 b56 5303.97 5303.97 5303.97 5282.02
02.02.2005 5222.8 a55 09.01.2005 b55 5375.16 5375.16 5375.16 5303.97
02.01.2005 5106.49 a54 09.02.2005 b54 5395.51 5395.51 5395.51 5375.16
01.31.2005 5048.36 a53 09.05.2005 b53 5273.57 5273.57 5273.57 5395.51
01.28.2005 5060.58 a52 09.06.2005 b52 5345.03 5345.03 5345.03 5273.57
01.27.2005 5042.36 a51 09.07.2005 b51 5342.45 5342.45 5342.45 5345.03
01.26.2005 5097.49 a50 09.08.2005 b50 5418.76 5418.76 5418.76 5342.45
01.25.2005 5181.32 a49 09.09.2005 b49 5506.33 5506.33 5506.33 5418.76
01.24.2005 5202.56 a48 09.12.2005 b48 5538.72 5538.72 5538.72 5506.33
01.21.2005 4927.18 a47 09.13.2005 b47 5635.5 5635.5 5635.5 5538.72
01.20.2005 4813.87 a46 09.14.2005 b46 5712.38 5712.38 5712.38 5635.5
01.19.2005 4896.03 a45 09.15.2005 b45 5838.83 5838.83 5838.83 5712.38
01.18.2005 4762.24 a44 09.16.2005 b44 5821.43 5821.43 5821.43 5838.83
01.17.2005 4607.79 a43 09.19.2005 b43 5900.32 5900.32 5900.32 5821.43
01.14.2005 4537.57 a42 09.20.2005 b42 5973.83 5973.83 5973.83 5900.32
01.13.2005 4461.64 a41 09.21.2005 b41 5860.31 5860.31 5860.31 5973.83
01.12.2005 4371.11 a40 09.22.2005 b40 5845.94 5845.94 5845.94 5860.31
01.11.2005 4404.8 a39 09.23.2005 b39 5878.23 5878.23 5878.23 5845.94
01.10.2005 4476.58 a38 09.26.2005 b38 5967.7 5967.7 5967.7 5878.23
01.07.2005 4412.31 a37 09.27.2005 b37 6037.94 6037.94 6037.94 5967.7
01.06.2005 4346.8 a36 09.28.2005 b36 5937.94 5937.94 5937.94 6037.94
01.05.2005 4323.2 a35 09.29.2005 b35 5913.55 5913.55 5913.55 5937.94
01.04.2005 4122.77 a34 09.30.2005 b34 5885.9 5885.9 5885.9 5913.55
01.03.2005 3945.38 a33 10.03.2005 b33 5875.42 5875.42 5875.42 5885.9
12.24.2004 3781.83 a32 10.04.2005 b32 5918.44 5918.44 5918.44 5875.42
12.23.2004 3810.81 a31 10.05.2005 b31 5892.76 5892.76 5892.76 5918.44
12.22.2004 3838.46 a30 10.06.2005 b30 5918.46 5918.46 5918.46 5892.76
12.21.2004 3800.84 a29 10.07.2005 b29 5835.13 5835.13 5835.13 5918.46
12.20.2004 3794.29 a28 10.10.2005 b28 5869.61 5869.61 5869.61 5835.13
12.17.2004 3730.76 a27 10.11.2005 b27 5913.73 5913.73 5913.73 5869.61
12.16.2004 3696.74 a26 10.12.2005 b26 5991.06 5991.06 5991.06 5913.73
12.15.2004 3659.59 a25 10.13.2005 b25 5900.29 5900.29 5900.29 5991.06
12.14.2004 3643.88 a24 10.14.2005 b24 5828.13 5828.13 5828.13 5900.29
12.13.2004 3618.36 a23 10.17.2005 b23 5900.08 5900.08 5900.08 5828.13
12.10.2004 3600.39 a22 10.18.2005 b22 6056.82 6056.82 6056.82 5900.08
12.09.2004 3594.11 a21 10.19.2005 b21 6001.02 6001.02 6001.02 6056.82
12.08.2004 3566.09 a20 10.20.2005 b20 5991.61 5991.61 5991.61 6001.02
12.07.2004 3549.05 a19 10.21.2005 b19 5990.07 5990.07 5990.07 5991.61
12.06.2004 3569.86 a18 10.24.2005 b18 6043.38 6043.38 6043.38 5990.07
12.03.2004 3623.48 a17 10.25.2005 b17 6156.38 6156.38 6156.38 6043.38
12.02.2004 3535.91 a16 10.26.2005 b16 6133.05 6133.05 6133.05 6156.38
11.30.2004 3449.25 a15 10.27.2005 b15 6028.6 6028.6 6028.6 6133.05
11.29.2004 3442.89 a14 10.28.2005 b14 5863.69 5863.69 5863.69 6028.6
11.26.2004 3383 a13 10.31.2005 b13 5718.94 5718.94 5718.94 5863.69
11.25.2004 3355.35 a12 11.01.2005 b12 5684.32 5684.32 5684.32 5718.94
11.24.2004 3365.95 a11 11.02.2005 b11 5780 5780 5780 5684.32
11.23.2004 3335.56 a10 11.03.2005 b10 5666.3 5666.3 5666.3 5780
11.22.2004 3279.41 a9 11.04.2005 b9 5684.87 5684.87 5684.87 5666.3
11.19.2004 3248.57 a8 11.07.2005 b8 5722.39 5722.39 5722.39 5684.87
11.18.2004 3234.2 a7 11.08.2005 b7 5653.33 5653.33 5653.33 5722.39
11.17.2004 3261.72 a6 11.09.2005 b6 5683.85 5683.85 5683.85 5653.33
11.16.2004 3252.74 a5 11.10.2005 b5 5716.68 5716.68 5716.68 5683.85
11.15.2004 3207.47 a4 11.11.2005 b4 5789.99 5789.99 5789.99 5716.68
5695 6061 11.14.2005 5878 5695 6061 5789.99
5771 6179 11.15.2005 5975 5771 6179 5877.845
5859 6295 11.16.2005 6077 5859 6295 5975
5955 6409 11.17.2005 6182 5955 6409 6077.035
6056 6517 11.18 6287 6056 6517 6181.808
6159 6619 11.21 6389 6159 6619 6286.596
6262 6712 11.22 6487 6262 6712 6389.123
6363 6794 11.23 6579 6363 6794 6487.213
6460 6863 11.24 6661 6460 6863 6578.717
6550 6916 11.25 6733 6550 6916 6661.456
6633 6950 11.26 6791 6633 6950 6733.15
y med 4956.424
y0 3207.47 tinv 1.969654
var y 5.75E-08
SUMMARY OUTPUT yt=f(yt-1,t)
Regression Statistics
Multiple R 0.990315
R Square 0.980724
Adjusted R S 0.980566
Standard Erro 102.0071
Observations 247
ANOVA
df SS MS F Significance F
Regression 2 1.29E+08 64587643 6207.0981 5.9E-210
Residual 244 2538930 10405.449
Total 246 1.32E+08
Coefficients
Standard Error t Stat P-value Lower 95% Upper 95%
Intercept 128.8177 60.8532 2.1168594 0.03528424 8.953077 248.6823
X Variable 1 0.976085 0.012225 79.842517 6.953E-177 0.952005 1.000165
X Variable 2 0.081664 0.126318 0.6464974 0.51856488 -0.167149 0.330477
DSP
SUMMARY OUTPUT yt=f(yt-1)
Multiple R 0.990298
R Square 0.980691
Observations 247
ANOVA
Regression 1 1.29E+08 129170937 12443.3396 5.2E-212
Residual 245 2543279 10380.729
Total 246 1.32E+08
Coefficients
Intercept 101.6971 44.03065 2.3096899 0.02173745 14.9703 188.424
X Variable 1 0.981565 0.008799 111.54972 5.21E-212 0.964233 0.998897
DSP
k rk MODEL: MOD_1.
1 0.976
2 0.949
3 0.923
4 0.898 Autocorrelations: VAR00001
5 0.874
6 0.850 Auto- Stand.
7 0.824 Lag Corr. Err. -1 -.75 -.5 -.
8 0.794 +----+----+----+----
9 0.764 1 .976 .063 .
10 0.734 2 .949 .063 .
11 0.705 3 .923 .063 .
12 0.677 4 .898 .063 .
13 0.652 5 .874 .063 .
14 0.625 6 .850 .062 .
15 0.595 7 .825 .062 .
16 0.564 8 .795 .062 .
9 .764 .062 .
10 .734 .062 .
11 .705 .062 .
12 .678 .062 .
13 .652 .062 .
14 .625 .061 .
15 .595 .061 .
16 .564 .061 .
Plot Symbols: Autocorrela
Total cases: 248 Computa
Partial Autocorrelations: VAR
Pr-Aut- Stand.
Lag Corr. Err. -1 -.75 -.5 -.
+----+----+----+----
1 .976 .064 .
2 -.089 .064 .**
3 .008 .064 .
4 .019 .064 .
5 .009 .064 .
6 -.024 .064 .
7 -.045 .064 .*
8 -.102 .064 .**
9 -.015 .064 .
10 -.016 .064 .
11 .004 .064 .
12 .003 .064 .
13 .024 .064 .
14 -.033 .064 .
15 -.070 .064 .
16 -.039 .064 .
Plot Symbols: Autocorrela
Total cases: 248 Computa

t dif 1 yteo (yt-1) ut disp t yt-1^2 ut-1 yt-1^2 y t-2^2
-123 45.27 3250 3 0.0 10287864

-122 8.98 3294 -33 314.3 10580318 3 10580318
-121 -27.52 3303 -69 859.0 10638817 -33 10638817 10580318
-120 14.37 3276 -28 649.6 10460050 -69 10460050 10638817
-119 30.84 3290 -11 588.5 10553207 -28 10553207 10460050
-118 56.15 3321 15 741.0 10754530 -11 10754530 10553207
-117 30.39 3376 -10 649.0 11125961 15 11125961 10754530
-116 -10.6 3406 -50 675.0 11329619 -10 11329619 11125961
-115 27.65 3395 -12 611.2 11258374 -50 11258374 11329619
-114 59.89 3422 21 710.7 11444689 -12 11444689 11258374
-113 6.36 3481 -32 663.3 11853492 21 11853492 11444689
-112 86.66 3487 49 954.2 11897326 -32 11897326 11853492
-111 87.57 3572 51 1173.6 12502660 49 12502660 11897326
-110 -53.62 3658 -89 1517.4 13129607 51 13129607 12502660
-109 -20.81 3606 -57 1529.9 12743900 -89 12743900 13129607
-108 17.04 3585 -19 1434.7 12595756 -57 12595756 12743900
-107 28.02 3602 -8 1354.8 12716998 -19 12716998 12595756
-106 6.28 3630 -29 1288.0 12917627 -8 12917627 12716998
-105 17.97 3636 -17 1220.2 12962808 -29 12962808 12917627
-104 25.52 3653 -9 1162.0 13092529 -17 13092529 12962808
-103 15.71 3678 -19 1106.9 13277861 -9 13277861 13092529
-102 37.15 3694 3 1073.5 13392599 -19 13392599 13277861
-101 34.02 3730 0 1038.1 13665887 3 13665887 13392599
-100 63.53 3764 31 1078.8 13918570 0 13918570 13665887
-99 6.55 3826 -25 1041.0 14396637 31 14396637 13918570
-98 37.62 3832 6 1015.5 14446385 -25 14446385 14396637
-97 -27.65 3869 -59 1051.8 14733775 6 14733775 14446385
-96 -28.98 3842 -60 1086.2 14522273 -59 14522273 14733775
-95 163.55 3814 132 1777.4 14302238 -60 14302238 14522273
-94 177.39 3974 148 2539.8 15566023 132 15566023 14302238
-93 200.43 4148 175 3477.0 16997232 148 16997232 15566023
-92 23.6 4345 2 3368.4 18690058 175 18690058 16997232
-91 65.51 4368 44 3323.2 18894670 2 18894670 18690058
-90 64.27 4433 44 3277.4 19468480 44 19468480 18894670
-89 -71.78 4496 -91 3426.3 20039768 44 20039768 19468480
-88 -33.69 4425 -54 3410.0 19402263 -91 19402263 20039768
-87 90.53 4392 69 3450.6 19106603 -54 19106603 19402263
-86 75.93 4481 56 3440.8 19906231 69 19906231 19106603
-85 70.22 4556 52 3416.0 20589542 56 20589542 19906231
-84 154.45 4625 138 3772.6 21231729 52 21231729 20589542
-83 133.79 4776 120 3986.9 22678930 138 22678930 21231729
-82 -82.16 4907 -94 4137.5 23971110 120 23971110 22678930
-81 113.31 4827 100 4240.4 23173344 -94 23173344 23971110
-80 275.38 4938 265 5595.1 24277103 100 24277103 23173344
-79 -21.24 5208 -27 5508.7 27066631 265 27066631 24277103
-78 -83.83 5187 -90 5618.1 26846077 -27 26846077 27066631
-77 -55.13 5105 -63 5613.8 25984404 -90 25984404 26846077
-76 18.22 5051 9 5496.8 25425394 -63 25425394 25984404
-75 -12.22 5069 -21 5403.3 25609470 9 25609470 25425394
-74 58.13 5057 50 5326.9 25485939 -21 25485939 25609470
-73 116.31 5114 109 5409.5 26076240 50 26076240 25485939
-72 96.18 5228 91 5422.3 27277640 109 27277640 26076240
-71 -50.82 5323 -54 5405.6 28291548 91 28291548 27277640
-70 37.81 5273 33 5313.5 27753510 -54 27753510 28291548
-69 -184.92 5310 -189 5941.5 28153318 33 28153318 27753510
-68 -270.86 5128 -278 7281.7 26225153 -189 26225153 28153318
-67 316.59 4862 304 8709.5 23524343 -278 23524343 26225153
-66 194.76 5173 188 9103.2 26695616 304 26695616 23524343
-65 368.51 5364 366 11030.0 28746111 188 28746111 26695616
-64 -185.76 5726 -182 11502.1 32833473 366 32833473 28746111
-63 -136 5544 -135 11678.2 30739152 -182 30739152 32833473
-62 -79.2 5410 -81 11629.0 29249601 -135 29249601 30739152
-61 306.98 5333 304 12781.8 28399200 -81 28399200 29249601
-60 207.15 5634 209 13159.7 31765285 304 31765285 28399200
-59 -57.23 5837 -51 13031.0 34143220 209 34143220 31765285
-58 164.26 5781 169 13177.0 33477680 -51 33477680 34143220
-57 67.91 5942 76 13026.6 35405475 169 35405475 33477680
-56 -174.64 6009 -165 13336.6 36218250 76 36218250 35405475
-55 -108.59 5837 -103 13350.6 34146726 -165 34146726 36218250
-54 152.56 5731 157 13437.5 32889422 -103 32889422 34146726
-53 -38.09 5881 -31 13282.2 34662539 157 34662539 32889422
-52 -45.82 5843 -40 13142.5 34215480 -31 34215480 34662539
-51 -22.93 5798 -18 12978.4 33681541 -40 33681541 34215480
-50 -155.87 5776 -151 13175.7 33415914 -18 33415914 33681541
-49 -77.43 5623 -75 13105.2 31638150 -151 31638150 33415914
-48 37.36 5547 38 12941.0 30773092 -75 30773092 31638150
-47 84.39 5583 86 12840.4 31188986 38 31188986 30773092
-46 41.05 5666 44 12687.0 32138695 86 32138695 31188986
-45 -73.43 5707 -70 12615.2 32605813 44 32605813 32138695
-44 -122.22 5635 -120 12677.1 31772612 -70 31772612 32605813
-43 -190.69 5515 -191 13020.1 30409710 -120 30409710 31772612
-42 -381.22 5327 -385 14731.1 28342953 -191 28342953 30409710
-41 -150.75 4953 -161 14880.5 24429196 -385 24429196 28342953
-40 -49.84 4805 -63 14753.9 22961731 -161 22961731 24429196
-39 -86.29 4756 -101 14701.7 22486564 -63 22486564 22961731
-38 86.69 4672 71 14587.8 21675636 -101 21675636 22486564
-37 18.02 4757 4 14420.2 22490358 71 22490358 21675636
-36 -96.95 4774 -111 14397.6 22661599 4 22661599 22490358
-35 -512.25 4679 -528 17332.5 21747952 -111 21747952 22661599
-34 188.55 4176 163 17455.0 17232627 -528 17232627 21747952
-33 149.95 4361 128 17453.5 18833604 163 18833604 17232627
-32 230.64 4509 212 17757.6 20157586 128 20157586 18833604
-31 213.81 4735 199 17989.7 22281799 212 22281799 20157586
-30 -19.2 4945 -30 17809.0 24346034 199 24346034 22281799
-29 16.26 4926 5 17621.6 24156930 -30 24156930 24346034
-28 -37.2 4942 -48 17463.4 24317029 5 24317029 24156930
-27 -99.35 4906 -111 17411.0 23951530 -48 23951530 24317029
-26 -22.41 4808 -36 17246.2 22988956 -111 22988956 23951530
-25 41.19 4786 27 17079.8 22774561 -36 22774561 22988956
-24 51.51 4826 39 16923.8 23169397 27 23169397 22774561
-23 66.95 4877 55 16785.7 23667933 39 23667933 23169397
-22 -91.68 4943 -102 16724.5 24323835 55 24323835 23667933
-21 -119.19 4853 -132 16728.1 23427923 -102 23427923 24323835
-20 -85.32 4736 -100 16659.5 22288313 -132 22288313 23427923
-19 -74.18 4652 -90 16573.8 21489993 -100 21489993 22288313
-18 -205.41 4579 -223 16868.4 20807738 -90 20807738 21489993
-17 108.99 4378 88 16790.8 18975956 -223 18975956 20807738
-16 -8.95 4485 -28 16640.5 19937386 88 19937386 18975956
-15 -136.91 4476 -156 16697.1 19857540 -28 19857540 19937386
-14 75.3 4341 53 16577.0 18656093 -156 18656093 19857540
-13 -23.8 4415 -44 16441.2 19312245 53 19312245 18656093
-12 22.88 4392 2 16294.9 19103630 -44 19103630 19312245
-11 48.44 4414 28 16160.6 19304160 2 19304160 19103630
-10 102.85 4462 83 16087.2 19732164 28 19732164 19304160
-9 130.19 4563 112 16065.5 20656480 83 20656480 19732164
-8 3.46 4691 -12 15927.6 21856841 112 21856841 20656480
-7 46.65 4694 31 15801.9 21889204 -12 21889204 21856841
-6 -27.9 4740 -42 15680.7 22327893 31 22327893 21889204
-5 -86.26 4712 -101 15628.1 22065003 -42 22065003 22327893
-4 -75.53 4628 -92 15561.1 21262059 -101 21262059 22065003
-3 -17.67 4554 -36 15440.0 20571214 -92 20571214 21262059
-2 27.87 4536 9 15315.3 20411240 -36 20411240 20571214
-1 21.09 4564 3 15191.4 20663843 9 20663843 20411240
0 38.84 4584 21 15074.7 20856028 3 20856028 20663843
1 7.55 4622 -9 14954.2 21212288 21 21212288 20856028
2 90.01 4630 73 14884.3 21281891 -9 21281891 21212288
3 72.82 4718 58 14797.6 22120466 73 22120466 21281891
4 -32.04 4790 -46 14695.3 22810749 58 22810749 22120466
5 -7.46 4758 -22 14583.7 22505726 -46 22505726 22810749
6 -42.27 4751 -57 14492.1 22435001 -22 22435001 22505726
7 -114.76 4709 -130 14499.6 22036359 -57 22036359 22435001
8 -76.66 4597 -94 14447.9 20972095 -130 20972095 22036359
9 -266.36 4522 -285 14917.5 20275838 -94 20275838 20972095
10 129.33 4260 106 14903.3 17948017 -285 17948017 20275838
11 119.65 4387 98 14876.1 19060559 106 19060559 17948017
12 9.92 4504 -9 14766.7 20119621 98 20119621 19060559
13 -22.73 4514 -42 14667.5 20208711 -9 20208711 20119621
14 -108.05 4492 -127 14664.6 20004866 -42 20004866 20208711
15 56.85 4386 36 14572.9 19049995 -127 19049995 20004866
16 36.7 4442 17 14473.0 19549485 36 19549485 19049995
17 102.97 4478 83 14429.0 19875369 17 19875369 19549485
18 -19.79 4579 -37 14333.8 20804089 83 20804089 19875369
19 16.62 4559 -1 14233.8 20623951 -37 20623951 20804089
20 34.85 4576 17 14139.1 20775182 -1 20775182 20623951
21 -40.52 4610 -58 14059.0 21094087 17 21094087 20775182
22 -6.55 4570 -24 13964.6 20723526 -58 20723526 21094087
23 -13.13 4564 -31 13873.4 20663934 -24 20663934 20723526
24 -2.61 4551 -21 13780.7 20544735 -31 20544735 20663934
25 13.08 4548 -5 13688.3 20521081 -21 20521081 20544735
26 -31.14 4561 -49 13608.3 20639758 -5 20639758 20521081
27 24.61 4530 6 13519.5 20357783 -49 20357783 20639758
28 -31.2 4555 -49 13441.7 20580467 6 20580467 20357783
29 51.76 4524 33 13365.0 20298359 -49 20298359 20580467
30 18.11 4575 0 13278.7 20767434 33 20767434 20298359
31 0 4593 -17 13193.6 20932821 0 20932821 20767434
32 50.89 4593 34 13120.0 20932821 -17 20932821 20932821
33 25.17 4643 9 13038.1 21401079 34 21401079 20932821
34 74.97 4667 59 12983.6 21634592 9 21634592 21401079
35 161.83 4741 147 13051.0 22337628 59 22337628 21634592
36 23.57 4900 12 12971.5 23893522 147 23893522 22337628
37 20.68 4923 10 12892.5 24124502 12 24124502 23893522
38 -1.52 4943 -12 12813.1 24328077 10 24328077 24124502
39 -35.29 4942 -46 12744.3 24313084 -12 24313084 24328077
40 65.21 4907 54 12688.4 23966312 -46 23966312 24313084
41 142.91 4971 133 12727.3 24609041 54 24609041 23966312
42 9.58 5111 2 12650.9 26047345 133 26047345 24609041
43 54.07 5121 47 12591.1 26145223 2 26145223 26047345
44 27.33 5174 21 12520.0 26701093 47 26701093 26145223
45 -19.49 5201 -25 12448.5 26984285 21 26984285 26701093
46 9.85 5181 4 12375.7 26782178 -25 26782178 26984285
47 -4.72 5191 -11 12303.5 26884225 4 26884225 26782178
48 49.36 5186 43 12245.2 26835301 -11 26835301 26884225
49 93.13 5235 88 12223.4 27349135 43 27349135 26835301
50 63.32 5326 60 12176.3 28331880 88 28331880 27349135
51 155.78 5388 153 12246.6 29009965 60 29009965 28331880
52 96.58 5541 97 12233.1 30712323 153 30712323 29009965
53 -50.44 5636 -48 12176.0 31792118 97 31792118 30712323
54 35.34 5587 37 12116.1 31225856 -48 31225856 31792118
55 -44.24 5621 -42 12057.3 31622065 37 31622065 31225856
56 -6.56 5578 -5 11990.4 31126468 -42 31126468 31622065
57 0 5572 1 11924.2 31053314 -5 31053314 31126468
58 -189.1 5572 -188 12047.2 31053314 1 31053314 31053314
59 22.75 5386 20 11984.4 28981534 -188 28981534 31053314
60 -42.92 5408 -45 11928.7 29226998 20 29226998 28981534
61 -35.93 5366 -39 11870.9 28764772 -45 28764772 29226998
62 -94.81 5331 -98 11855.0 28380658 -39 28380658 28764772
63 8.34 5238 3 11791.9 27379475 -98 27379475 28380658
64 -68.02 5246 -73 11754.3 27466823 3 27466823 27379475
65 118.49 5179 112 11763.7 26758481 -73 26758481 27466823
66 -18.81 5296 -23 11703.7 27998385 112 27998385 26758481
67 -45.6 5277 -50 11653.5 27799678 -23 27799678 27998385
68 -73.08 5232 -78 11621.4 27320902 -50 27320902 27799678
69 19.56 5161 13 11562.7 26562273 -78 26562273 27320902
70 108.6 5180 102 11561.6 26764274 13 26764274 26562273
71 21.95 5286 18 11504.7 27899735 102 27899735 26764274
72 71.19 5308 67 11471.7 28132098 18 28132098 27899735
73 20.35 5378 18 11415.7 28892345 67 28892345 28132098
74 -121.94 5398 -124 11431.4 29111528 18 29111528 28892345
75 71.46 5278 67 11399.1 27810541 -124 27810541 29111528
76 -2.58 5348 -6 11342.1 28569346 67 28569346 27810541
77 76.31 5346 73 11314.9 28541772 -6 28541772 28569346
78 87.57 5421 86 11297.9 29362960 73 29362960 28541772
79 32.39 5507 32 11248.2 30319670 86 30319670 29362960
80 96.78 5538 97 11241.7 30677419 32 30677419 30319670
81 76.88 5633 79 11218.9 31758860 97 31758860 30677419
82 126.45 5709 130 11248.4 32631285 79 32631285 31758860
83 -17.4 5833 -11 11194.6 34091936 130 34091936 32631285
84 78.89 5816 85 11175.9 33889047 -11 33889047 34091936
85 73.51 5893 81 11153.9 34813776 85 34813776 33889047
86 -113.52 5965 -105 11152.8 35686645 81 35686645 34813776
87 -14.37 5854 -8 11100.1 34343233 -105 34343233 35686645
88 32.29 5840 38 11055.0 34175014 -8 34175014 34343233
89 89.47 5872 96 11046.9 34553588 38 34553588 Evolutia 34175014 indicelui BET in perioa
90 70.24 5959 79 11024.2 35613443 96 35613443 34553588
91 -100 6028 7500
-90 11010.9 36456719 79 36456719 35613443
92 -24.39 5930 -17 10961.1 35259131 -90 35259131 36456719
93 -27.65 5906 -20 10912.4 34970074 -17 34970074 35259131
7000
94 -10.48 5879 -4 10862.4 34643819 -20 34643819 34970074
95 43.02 5869 50 10824.2 34520560 -4 34520560 34643819
96 -25.68 5911 -18
6500 10776.5 35027932 50 35027932 34520560
97 25.7 5886 33 10732.6 34724620 -18 34724620 35027932
98 -83.33 5911 -76 10710.0 35028169 33 35028169 34724620
99 34.48 5829 600040 10669.4 34048742 -76 34048742 35028169
puncte
100 44.12 5863 51 10633.4 34452322 40 34452322 34048742

101 77.33 5906 85 10617.9 34972203 51 34972203 34452322
102 -90.77 5982 5500
-82 10600.7 35892800 85 35892800 34972203
103 -72.16 5893 -65 10572.6 34813422 -82 34813422 35892800
104 71.95 5822 500078 10552.8 33967099 -65 33967099 34813422
105 156.74 5893 164 10623.5 34810944 78 34810944 33967099
106 -55.8 6047 -46 10586.6 36685069 164 36685069 34810944
107 -9.41 5992 45000 10540.8 36012241 -46 36012241 36685069
108 -1.54 5983 7 10495.6 35899390 0 35899390 36012241
109 53.31 5981 62 10466.7 35880939 7 35880939 35899390
110 113 6034 4000
123 10485.3 36522442 62 36522442 35880939
111 -23.33 6145 -12 10441.4 37901015 123 37901015 36522442
112 -104.45 6122 -93 10434.7 37614302 -12 37614302 37901015
3500
113 -164.91 6019 -155 10493.2 36344018 -93 36344018 37614302
114 -144.75 5857 -138 10529.4 34382860 -155 34382860 36344018
115 -34.62 5715 -31 10489.2 32706275
3000 -138 32706275 34382860
116 95.68 5681 99 10486.5 32311494 -31 32311494 32706275 100101102103104105106107108109110111112113114115116117118119120121122123124125126127128129131
123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354555657585960616263646566676869707172737475767778798081828384858687888990919293949596979899
117 -113.7 5775 -109 10491.8 33408400 99 33408400 32311494 y yte

118 18.57 5664 21 10450.4 32106956 -109 32106956 33408400
119 37.52 5682 41 10414.3 32317747 21 32317747 32106956
120 -69.06 5719 -65 10388.9 32745747 41 32745747 32317747
121 30.52 5651 33 10351.1 31960140 -65 31960140 32745747
122 32.83 5681 36 10314.3 32306151 33 32306151 31960140
123 73.31 5713 77 10296.7 32680430 36 32680430 32306151
88 5785 93 10289.8
5871 104 10291.1
5966 111 10298.1
6067 115 10308.5
6170 117 10320.2
6272 117 10331.1
6373 114 10339.3
6469 109 10342.9
6559 102 10340.5
6640 93 10331.0
6711 81 10313.5
4.1025
0
10289.81 r1 0.2327
SUMMARY OUTPUT dif1(y)=f(yt-1,t)
Multiple R 0.138853
R Square 0.01928
Adjusted R 0.011241
Standard E 102.0071
Observatio 247
ANOVA
Regression 2 49913.03 24956.52 2.398408 0.09300169
Residual 244 2538930 10405.45
Total 246 2588843
Upper 95% Coefficients

Intercept 128.8177 60.8532 2.116859 0.035284 8.95307686 248.68226
X Variable -0.023915 0.012225 -1.956202 0.051582 -0.0479951 0.0001654
X Variable 0.081664 0.126318 0.646497 0.518565 -0.1671487 0.3304774
r= 0.976085 0.95200492 1.0001654
SUMMARY OUTPUT dif1(y)=f(yt-1)
Multiple R 0.132666
R Square 0.0176
Adjusted R 0.01359
Standard E 101.8859
Observatio 247
ANOVA
Regression 1 45563.98 45563.98 4.389285 0.03719251
Residual 245 2543279 10380.73
Total 246 2588843
Intercept 101.6971 44.03065 2.30969 0.021737 14.970298 188.42399
X Variable -0.018435 0.008799 -2.095062 0.037193 -0.0357672 -0.001103
r= 0.981565 0.96423281 0.9988968
MODEL: MOD_1.
Autocorrelations: VAR00001
Auto- Stand.
Lag Corr. Err. -1 -.75 -.5 -.25 0 .25 .5 .75 1 Box-Ljung Prob.
+----+----+----+----+----+----+----+----+
1 .976 .063 . I**.***************** 239.301 .000
2 .949 .063 . I**.**************** 466.366 .000
3 .923 .063 . I**.*************** 681.813 .000
4 .898 .063 . I**.*************** 886.665 .000
5 .874 .063 . I**.************** 1081.695 .000
6 .850 .062 . I*.*************** 1266.924 .000
7 .825 .062 . I*.************** 1441.867 .000
8 .795 .062 . I*.************** 1604.987 .000
9 .764 .062 . I*.************* 1756.465 .000
10 .734 .062 . I*.************* 1896.803 .000
11 .705 .062 . I*.************ 2026.879 .000
12 .678 .062 . I*.************ 2147.484 .000
13 .652 .062 . I*.*********** 2259.580 .000
14 .625 .061 . I*.*********** 2363.150 .000
15 .595 .061 . I*.********** 2457.508 .000
16 .564 .061 . I*.********* 2542.604 .000
Plot Symbols: Autocorrelations * Two Standard Error Limits .
Total cases: 248 Computable first lags: 247
Partial Autocorrelations: VAR00001
Pr-Aut- Stand.
Lag Corr. Err. -1 -.75 -.5 -.25 0 .25 .5 .75 1
+----+----+----+----+----+----+----+----+
1 .976 .064 . I**.*****************
2 -.089 .064 .**I .
3 .008 .064 . * .
4 .019 .064 . * .
5 .009 .064 . * .
6 -.024 .064 . * .
7 -.045 .064 . *I .
8 -.102 .064 .**I .
9 -.015 .064 . * .
10 -.016 .064 . * .
11 .004 .064 . * .
12 .003 .064 . * .
13 .024 .064 . * .
14 -.033 .064 . *I .
15 -.070 .064 . *I .
16 -.039 .064 . *I .
Plot Symbols: Autocorrelations * Two Standard Error Limits .
Total cases: 248 Computable first lags: 247.
SUMMARY OUTPUT dif1(y)=f(t)
Multiple R 0.062443
R Square 0.003899
Adjusted R -0.000167
Standard E 102.5939
Observatio 247
ANOVA
Regression 1 10094.21 10094.21 0.959024 0.32839895
Residual 245 2578748 10525.5
Total 246 2588843
Coefficients
Intercept 10.45555 6.527892 1.601673 0.110517 -2.4023947 23.313488
X Variable -0.089657 0.091552 -0.979298 0.328399 -0.2699874 0.0906731
procesul DIF 1 este stationar

t t-1
y t-1^2 ut-1^2 ut-2^2 y/disp ut y/disp ut yteo-mod ut disp t
10580317.5 7.3 10.37865 10.350 10.417 -0.039 0

10638817.4 1072.7 7.3 3.765042 3.797 3.821 -0.056 7.3239E-05
10460049.6 4773.0 1072.7 5.00084 4.979 5.010 -0.010 0.00036563
10553207 767.5 4773.0 5.572366 5.520 5.555 0.017 0.00077851
10754529.9 120.3 767.5 4.5017 4.426 4.454 0.048 0.00139642
11125960.5 222.3 120.3 5.186046 5.139 5.172 0.014 0.00123052
11329619.4 96.3 222.3 4.971131 4.987 5.019 -0.047 0.00128363
11258373.6 2524.6 96.3 5.534697 5.489 5.525 0.010 0.00116934
11444689 148.6 2524.6 4.844295 4.760 4.790 0.054 0.00141724
11853491.6 422.7 148.6 5.200484 5.191 5.224 -0.024 0.00132132
11897325.6 1015.5 422.7 3.70574 3.615 3.638 0.068 0.00162239
12502659.5 2357.1 1015.5 3.087519 3.013 3.032 0.056 0.00169926
13129607.3 2606.9 2357.1 2.352579 2.388 2.402 -0.050 0.00180336
12743900.4 7835.4 2606.9 2.319746 2.333 2.348 -0.028 0.00173823
12595755.9 3214.5 7835.4 2.485678 2.474 2.489 -0.003 0.00162346
12716997.9 369.8 3214.5 2.652934 2.632 2.648 0.005 0.00152285
12917626.7 63.0 369.8 2.79531 2.790 2.808 -0.012 0.00144304
12962808.2 850.3 63.0 2.965326 2.951 2.969 -0.004 0.00136359
13092529.1 301.1 850.3 3.135847 3.114 3.133 0.003 0.00129217
13277861.5 89.7 301.1 3.306265 3.292 3.313 -0.006 0.00122954
13392599 353.9 89.7 3.44356 3.409 3.430 0.013 0.00117927
13665886.6 8.5 353.9 3.593913 3.561 3.583 0.010 0.00113003
13918570.2 0.2 8.5 3.517186 3.458 3.480 0.037 0.0011359
14396636.6 937.0 0.2 3.651004 3.645 3.668 -0.017 0.00110306
14446384.7 635.0 937.0 3.779874 3.743 3.766 0.014 0.00106433
14733775.2 35.9 635.0 3.622977 3.649 3.672 -0.049 0.00112086
14522272.9 3432.1 35.9 3.481792 3.508 3.530 -0.049 0.00116436
14302238.1 3651.1 3432.1 2.21979 2.128 2.141 0.079 0.00134789
15566023.3 17311.1 3651.1 1.623248 1.553 1.562 0.061 0.00141967
16997232.5 22030.5 17311.1 1.243378 1.186 1.192 0.051 0.00144593
18690058.2 30533.0 22030.5 1.290459 1.283 1.291 0.000 0.00140009
18894670.2 2.6 30533.0 1.327711 1.308 1.315 0.012 0.0013581
19468479.5 1931.3 2.6 1.36589 1.346 1.354 0.012 0.00131839
20039768.5 1928.5 1931.3 1.285585 1.307 1.314 -0.028 0.00131163
19402263 8272.0 1928.5 1.281852 1.292 1.299 -0.017 0.00128679
19106602.6 2935.9 8272.0 1.292999 1.267 1.274 0.019 0.00125758
19906231.5 4818.5 2935.9 1.31877 1.297 1.304 0.015 0.00122663
20589541.5 3190.4 4818.5 1.348868 1.328 1.336 0.013 0.00119631
21231728.7 2722.1 3190.4 1.262332 1.221 1.228 0.034 0.00118754
22678929.8 18960.8 2722.1 1.228018 1.194 1.201 0.027 0.00116927
23971109.8 14372.6 18960.8 1.163461 1.183 1.190 -0.026 0.00116548
23173344.4 8760.6 14372.6 1.161956 1.135 1.141 0.020 0.00114328
24277102.8 10071.6 8760.6 0.929835 0.881 0.885 0.045 0.00115171
27066630.6 69968.9 10071.6 0.940574 0.944 0.949 -0.009 0.00113063
26846076.9 730.5 69968.9 0.907338 0.922 0.927 -0.020 0.00111988
25984404.3 8101.5 730.5 0.898211 0.908 0.913 -0.015 0.001104
25425394.4 3950.6 8101.5 0.920636 0.917 0.922 -0.001 0.00108137
25609469.9 89.9 3950.6 0.934305 0.937 0.941 -0.007 0.00106179
25485938.7 425.4 89.9 0.958622 0.948 0.953 0.006 0.00104015
26076240.1 2450.3 425.4 0.965495 0.944 0.949 0.017 0.00102214
27277639.8 11827.0 2450.3 0.980951 0.963 0.968 0.013 0.00100326
28291548.2 8238.5 11827.0 0.974567 0.984 0.989 -0.015 0.00099124
27753509.8 2966.0 8238.5 0.998581 0.991 0.997 0.002 0.00097268
28153317.6 1104.4 2966.0 0.861907 0.893 0.898 -0.036 0.00098422
26225153.1 35645.7 1104.4 0.666081 0.703 0.707 -0.041 0.00100151
23524343 77367.2 35645.7 0.593232 0.557 0.559 0.034 0.00100041
26695615.6 92602.7 77367.2 0.58897 0.568 0.570 0.019 0.00098692
28746111.2 35461.9 92602.7 0.519497 0.486 0.488 0.031 0.00098285
32833473 133702.7 35461.9 0.482025 0.498 0.500 -0.018 0.00097461
30739151.6 33059.5 133702.7 0.463109 0.475 0.477 -0.013 0.00096335
29249600.7 18356.8 33059.5 0.45826 0.465 0.467 -0.009 0.00094997
28399200.2 6592.5 18356.8 0.440946 0.417 0.418 0.023 0.00094044
31765285 92127.8 6592.5 0.444025 0.428 0.430 0.014 0.00092722
34143220 43829.4 92127.8 0.444017 0.448 0.450 -0.006 0.00091426
33477680.3 2622.1 43829.4 0.451563 0.439 0.441 0.011 0.00090096
35405475.1 28638.3 2622.1 0.461991 0.457 0.459 0.003 0.00088731
36218249.8 5761.8 28638.3 0.438158 0.451 0.453 -0.015 0.00087918
34146726 27354.3 5761.8 0.429563 0.438 0.439 -0.010 0.00086883
32889422.1 10518.7 27354.3 0.438139 0.427 0.428 0.010 0.00085683
34662538.5 24519.6 10518.7 0.440395 0.443 0.445 -0.005 0.00084549
34215480.4 976.6 24519.6 0.44159 0.445 0.447 -0.005 0.00083458
33681540.8 1574.7 976.6 0.445407 0.447 0.449 -0.003 0.0008236
33415914.4 311.1 1574.7 0.426904 0.439 0.440 -0.013 0.00081604
31638150 22800.9 311.1 0.423294 0.429 0.431 -0.007 0.00080646
30773092 5690.2 22800.9 0.431552 0.429 0.430 0.001 0.00079573
31188985.8 1438.6 5690.2 0.441506 0.435 0.437 0.005 0.00078532
32138694.8 7335.6 1438.6 0.450078 0.447 0.449 0.002 0.00077514
32605813 1924.0 7335.6 0.44682 0.453 0.454 -0.008 0.00076655
31772612.4 4880.3 1924.0 0.434999 0.445 0.446 -0.011 0.00075928
30409710.3 14400.8 4880.3 0.40889 0.424 0.425 -0.016 0.00075407
28342952.9 36376.5 14400.8 0.335522 0.361 0.362 -0.027 0.00075517
24429195.9 148049.3 36376.5 0.322022 0.332 0.333 -0.011 0.00074797
22961730.6 26027.2 148049.3 0.321406 0.325 0.326 -0.004 0.00073938
22486564 3994.1 26027.2 0.316678 0.323 0.323 -0.007 0.00073141
21675635.6 10113.8 3994.1 0.325094 0.319 0.320 0.005 0.00072295
22490357.8 5015.7 10113.8 0.330123 0.329 0.330 0.000 0.00071456
22661598.6 14.1 5015.7 0.323906 0.331 0.332 -0.008 0.00070731
21747952.4 12296.1 14.1 0.239505 0.269 0.270 -0.030 0.00071043
17232627.5 278757.8 12296.1 0.248626 0.238 0.238 0.011 0.00070343
18833603.7 26693.5 278757.8 0.257239 0.249 0.249 0.008 0.00069616
20157585.7 16449.9 26693.5 0.265821 0.253 0.253 0.013 0.0006899
22281798.5 44821.8 16449.9 0.274277 0.262 0.263 0.011 0.00068348
24346033.6 39654.2 44821.8 0.275983 0.277 0.278 -0.002 0.00067623
24156930.1 896.1 39654.2 0.279839 0.279 0.279 0.000 0.00066905
24317029.3 26.7 896.1 0.280245 0.282 0.283 -0.003 0.00066219
23951529.6 2302.9 26.7 0.275382 0.281 0.282 -0.006 0.00065591
22988956.3 12282.1 2302.9 0.276715 0.278 0.279 -0.002 0.00064925
22774561 1275.7 12282.1 0.281822 0.279 0.280 0.002 0.00064263
23169397.2 754.6 1275.7 0.287462 0.284 0.285 0.002 0.00063615
23667933.1 1486.1 754.6 0.293817 0.290 0.290 0.003 0.00062983
24323834.9 3018.3 1486.1 0.289411 0.295 0.296 -0.006 0.00062415
23427923.3 10497.3 3018.3 0.282223 0.289 0.290 -0.008 0.00061882
22288313.1 17333.4 10497.3 0.278264 0.283 0.284 -0.006 0.00061327
21489992.6 9996.7 17333.4 0.275227 0.280 0.280 -0.005 0.00060774
20807738.4 8175.2 9996.7 0.258243 0.270 0.271 -0.013 0.00060373
18975955.7 49735.3 8175.2 0.265927 0.259 0.260 0.006 0.00059828
19937385.9 7673.6 49735.3 0.267791 0.268 0.269 -0.001 0.00059273
19857540.2 802.7 7673.6 0.258684 0.267 0.267 -0.009 0.00058809
18656093.3 24478.7 802.7 0.2651 0.261 0.261 0.004 0.00058279
19312245.5 2833.4 24478.7 0.265843 0.267 0.268 -0.002 0.00057757
19103630.4 1978.7 2833.4 0.269633 0.268 0.269 0.001 0.00057236
19304160.3 3.1 1978.7 0.274871 0.272 0.272 0.003 0.00056728
19732163.6 769.5 3.1 0.282519 0.276 0.277 0.006 0.00056247
20656479.6 6896.2 769.5 0.291005 0.283 0.283 0.008 0.00055791
21856840.5 12606.7 6896.2 0.293742 0.294 0.294 0.000 0.00055308
21889204.4 145.2 12606.7 0.299031 0.296 0.297 0.002 0.00054833
22327893.1 973.7 145.2 0.299562 0.301 0.302 -0.002 0.00054374
22065003.1 1805.1 973.7 0.295051 0.301 0.301 -0.006 0.00053957
21262058.8 10274.0 1805.1 0.291467 0.296 0.297 -0.006 0.00053538
20571213.8 8504.7 10274.0 0.292608 0.294 0.294 -0.002 0.00053098
20411239.7 1278.3 8504.7 0.29681 0.295 0.296 0.001 0.00052659
20663843.1 89.5 1278.3 0.300619 0.299 0.300 0.001 0.00052227
20856027.6 10.2 89.5 0.305524 0.303 0.304 0.002 0.00051804
21212288.3 455.1 10.2 0.30849 0.308 0.309 0.000 0.00051387
21281891 85.4 455.1 0.315987 0.310 0.311 0.005 0.00050991
22120466.5 5381.5 85.4 0.322759 0.318 0.319 0.004 0.00050595
22810749.1 3344.1 5381.5 0.322825 0.325 0.326 -0.003 0.00050209
22505725.8 2087.5 3344.1 0.324785 0.325 0.326 -0.001 0.0004982
22435000.6 470.9 2087.5 0.32392 0.327 0.328 -0.004 0.00049451
22036358.6 3209.0 470.9 0.315838 0.324 0.325 -0.009 0.0004914
20972095 16878.4 3209.0 0.311663 0.317 0.318 -0.006 0.00048801
20275838.2 8823.3 16878.4 0.283996 0.302 0.303 -0.019 0.0004871
17948017 81251.2 8823.3 0.292945 0.284 0.285 0.008 0.00048386
19060558.9 11179.6 81251.2 0.301524 0.293 0.294 0.007 0.00048059
20119620.5 9690.0 11179.6 0.304429 0.304 0.304 0.000 0.00047703
20208711.1 82.6 9690.0 0.304938 0.306 0.307 -0.002 0.00047359
20004866.4 1726.7 82.6 0.29763 0.305 0.306 -0.008 0.00047068
19049995 16203.4 1726.7 0.303404 0.300 0.300 0.003 0.00046732
19549485.4 1268.5 16203.4 0.308033 0.305 0.306 0.002 0.00046397
19875368.9 272.7 1268.5 0.31611 0.309 0.310 0.006 0.00046089
20804089.3 6965.6 272.7 0.316829 0.318 0.319 -0.002 0.00045768
20623950.6 1398.9 6965.6 0.320222 0.319 0.320 0.000 0.00045446
20775181.7 1.8 1398.9 0.324832 0.322 0.323 0.002 0.00045129
21094087.4 295.2 1.8 0.3238 0.327 0.328 -0.004 0.00044829
20723526.3 3311.7 295.2 0.325519 0.326 0.327 -0.001 0.00044522
20663934 591.7 3311.7 0.326715 0.328 0.329 -0.002 0.00044221
20544734.7 962.6 591.7 0.328721 0.329 0.330 -0.001 0.00043922
20521081.2 430.4 962.6 0.331896 0.331 0.332 0.000 0.00043625
20639757.6 26.1 430.4 0.331559 0.334 0.335 -0.003 0.00043342
20357783 2409.3 26.1 0.335557 0.334 0.335 0.001 0.00043053
20580467.4 37.1 2409.3 0.335178 0.337 0.338 -0.003 0.00042777
20298358.8 2427.0 37.1 0.340975 0.337 0.338 0.003 0.000425
20767433.8 1096.9 2427.0 0.344556 0.343 0.344 0.000 0.00042222
20932821.1 0.2 1096.9 0.346778 0.347 0.348 -0.001 0.00041949
20932821.1 301.1 0.2 0.352602 0.349 0.350 0.003 0.00041682
21401078.8 1124.8 301.1 0.356746 0.355 0.356 0.001 0.00041415
21634591.7 76.7 1124.8 0.36402 0.358 0.359 0.005 0.00041162
22337628.1 3483.4 76.7 0.374538 0.362 0.363 0.011 0.00040975
23893521.6 21686.2 3483.4 0.37865 0.377 0.378 0.001 0.00040717
24124502.2 143.7 21686.2 0.382576 0.381 0.382 0.000 0.00040462
24328076.5 90.8 143.7 0.384826 0.385 0.386 -0.001 0.00040214
24313084.5 151.0 90.8 0.384136 0.387 0.388 -0.004 0.00039978
23966311.9 2124.0 151.0 0.390966 0.386 0.387 0.004 0.0003974
24609040.6 2890.5 2124.0 0.401001 0.390 0.391 0.010 0.00039551
26047345.4 17600.1 2890.5 0.404179 0.403 0.405 -0.001 0.00039312
26145223.3 3.9 17600.1 0.410395 0.406 0.407 0.003 0.00039078
26701092.6 2175.0 3.9 0.414907 0.413 0.414 0.001 0.00038844
26984284.7 436.5 2175.0 0.415725 0.417 0.419 -0.003 0.00038621
26782177.5 646.3 436.5 0.418968 0.418 0.420 -0.001 0.00038393
26884225 12.7 646.3 0.421041 0.421 0.423 -0.002 0.00038171
26835300.9 117.3 12.7 0.427076 0.423 0.425 0.003 0.0003795
27349134.5 1863.0 117.3 0.435458 0.428 0.429 0.006 0.00037747
28331880.5 7716.3 1863.0 0.442343 0.437 0.439 0.004 0.00037534
29009965.5 3570.0 7716.3 0.452524 0.440 0.441 0.011 0.0003738
30712323.1 23524.3 3570.0 0.460916 0.453 0.455 0.006 0.00037183
31792118.4 9418.4 23524.3 0.458937 0.463 0.465 -0.006 0.00036997
31225855.8 2322.4 9418.4 0.464123 0.461 0.463 0.001 0.00036788
31622065.2 1343.9 2322.4 0.462715 0.466 0.468 -0.005 0.00036603
31126468.4 1786.7 1343.9 0.464751 0.465 0.467 -0.002 0.00036404
31053313.5 29.2 1786.7 0.46733 0.467 0.469 -0.002 0.00036205
31053313.5 1.1 29.2 0.446863 0.463 0.464 -0.017 0.00036185
28981533.9 35368.9 1.1 0.451103 0.449 0.451 0.000 0.00035987
29226998.4 412.0 35368.9 0.449612 0.453 0.455 -0.005 0.00035809
28764772.4 2020.8 412.0 0.448774 0.452 0.453 -0.005 0.00035629
28380658 1501.9 2020.8 0.441379 0.449 0.451 -0.010 0.00035492
27379474.9 9662.2 1501.9 0.444448 0.444 0.445 -0.001 0.00035302
27466823.2 9.6 9662.2 0.440081 0.446 0.448 -0.007 0.00035146
26758480.6 5343.7 9.6 0.449802 0.440 0.441 0.008 0.00034994
27998384.8 12578.8 5343.7 0.450501 0.452 0.454 -0.003 0.00034816
27799678.1 527.2 12578.8 0.448528 0.452 0.454 -0.006 0.00034652
27320901.8 2509.7 527.2 0.443481 0.450 0.451 -0.008 0.00034507
26562272.9 6149.3 2509.7 0.447422 0.446 0.447 0.000 0.00034327
26764274.5 165.8 6149.3 0.456859 0.447 0.449 0.008 0.00034177
27899735.3 10460.3 165.8 0.461027 0.459 0.461 0.000 0.00034001
28132097.8 310.7 10460.3 0.46856 0.462 0.464 0.004 0.00033835
28892345 4525.6 310.7 0.472639 0.471 0.473 0.000 0.00033663
29111528.2 314.9 4525.6 0.461324 0.472 0.474 -0.012 0.00033576
27810540.5 15418.2 314.9 0.468899 0.463 0.464 0.005 0.00033415
28569345.7 4486.6 15418.2 0.471027 0.471 0.473 -0.002 0.0003325
28541772 33.0 4486.6 0.478906 0.472 0.474 0.005 0.00033094
29362959.9 5343.9 33.0 0.487377 0.480 0.482 0.006 0.00032945
30319670.1 7356.3 5343.9 0.492408 0.490 0.491 0.001 0.00032782
30677419.2 1037.0 7356.3 0.501302 0.493 0.495 0.007 0.00032639
31758860.3 9445.9 1037.0 0.509174 0.502 0.504 0.005 0.00032489
32631285.3 6252.7 9445.9 0.519082 0.508 0.510 0.009 0.00032367
34091935.8 16916.0 6252.7 0.520023 0.522 0.524 -0.004 0.00032219
33889047.2 131.3 16916.0 0.527952 0.521 0.523 0.005 0.00032072
34813776.1 7142.3 131.3 0.535583 0.529 0.531 0.004 0.00031925
35686644.9 6494.2 7142.3 0.525459 0.536 0.538 -0.012 0.00031852
34343233.3 11043.6 6494.2 0.526655 0.528 0.530 -0.003 0.00031708
34175014.5 64.5 11043.6 0.531725 0.529 0.531 0.001 0.00031558
34553587.9
volutia indicelui BET in perioada 14.11.2004-14.11.2005 1471.8 64.5 0.540213 0.532 0.534 0.006 0.00031423
35613443.3 9242.7 1471.8 0.547698 0.541 0.544 0.004 0.00031282
36456719.4 6171.4 9242.7 0.539281 0.548 0.551 -0.011 0.00031201
35259131.4 8169.7 6171.4 0.539503 0.542 0.544 -0.005 0.00031067
34970073.6 276.2 8169.7 0.539376 0.542 0.544 -0.005 0.00030936
34643818.8 413.3 276.2 0.540895 0.542 0.544 -0.003 0.00030799
34520560.2 13.5 413.3 0.546777 0.543 0.545 0.002 0.00030659
35027932 2463.9 13.5 0.546816 0.549 0.552 -0.005 0.00030531
34724620.4 333.8 2463.9 0.551445 0.549 0.551 0.000 0.00030392
35028168.8 1065.2 333.8 0.54483 0.553 0.555 -0.010 0.00030304
34048742.1 5763.7 1065.2 0.550133 0.547 0.549 0.001 0.00030168
34452321.6 1628.5 5763.7 0.556149 0.552 0.554 0.002 0.00030033
34972202.5 2563.4 1628.5 0.564241 0.557 0.559 0.005 0.00029909
35892799.9 7166.2 2563.4 0.556592 0.565 0.568 -0.011 0.00029832
34813422.1 6727.4 7166.2 0.551251 0.558 0.560 -0.009 0.0002974
33967099.3 4236.0 6727.4 0.5591 0.552 0.555 0.004 0.00029617
34810944 6036.6 4236.0 0.570135 0.555 0.558 0.012 0.00029551
36685068.5 26834.3 6036.6 0.566848 0.572 0.575 -0.008 0.00029451
36012241 2101.2 26834.3 0.56842 0.569 0.572 -0.003 0.00029328
35899390.4 0.2 2101.2 0.570723 0.571 0.573 -0.003 0.00029205
35880938.6 52.1 0.2 0.577389 0.572 0.575 0.003 0.00029081
36522441.8 3849.1 52.1 0.587144 0.576 0.579 0.008 0.00028984
37901014.7 15058.6 3849.1 0.587379 0.590 0.592 -0.005 0.00028871
37614302.3 133.0 15058.6 0.577748 0.588 0.590 -0.013 0.00028818
36344018 8664.5 133.0 0.558806 0.575 0.577 -0.018 0.0002884
34382860.4 24170.6 8664.5 0.543139 0.557 0.559 -0.016 0.00028829
32706274.7 19140.4 24170.6 0.54192 0.545 0.548 -0.006 0.00028721
32311493.9
67778798081828384858687888990919293949596979899
100
101
102
103
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109
110
111
112
113
114
115
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124
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128
129
954.0
130
131
132
133
134
135
136
137
138
139
140
141
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19140.4
145
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0.551187
180
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0.542
206
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0.544
225
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236
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238
239
240
241
242
0.007
243
244
245
246
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248
249
250
251
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254
255
256
0.0002862
257
258
259
33408400 y yteo
9756.4 l.inf
954.0 l.sup 0.540071 0.551 0.553 zile
-0.013 0.00028574
32106955.7 11846.5 9756.4 0.543986 0.542 0.544 -0.001 0.00028456
32317746.9 455.1 11846.5 0.549473 0.546 0.548 0.001 0.00028339
32745747.3 1650.3 455.1 0.544173 0.551 0.553 -0.009 0.00028255
31960140.1 4259.4 1650.3 0.549108 0.546 0.548 0.001 0.0002814
32306150.8 1091.8 4259.4 0.554246 0.551 0.553 0.001 0.00028025
32680430.2 1289.9 1091.8 0.562316 0.555 0.558 0.005 0.0002792
disp ut=f(y2t-1)
SUMMARY OUTPUT SUMMARY OUTPUT
Regression Statistics Regression Statistics

Multiple R 0.37510068 Multiple R
R Square 0.14070052 R Square
Adjusted R S 0.13719318 Adjusted R S
Standard Erro 4515.32578 Standard Err
Observations 247 Observations
ANOVA ANOVA
Regression 1 8.18E+08 8.18E+08 40.11596 1.1359E-09 Regression
Residual 245 5E+09 20388167 Residual
Total 246 5.81E+09 Total
CoefficientsStandard Error t Stat P-value Lower 95% Upper 95% Coefficients

Intercept 4308.0479 1057.895 4.072285 6.288E-05 2224.3207 6391.775 Intercept
X Variable 1 0.00025755 4.066E-05 6.333717 1.136E-09 0.0001775 0.000338 X Variable 1

disp ut=f(ut-1^2)
Multiple R 0.14280179 n R2 5.016518 0.0039321 Multiple R
Standard Erro 4782.41533 Standard Err
ANOVA ANOVA
Regression 1 1.16E+08 1.16E+08 5.079313 0.0251011 Regression
Residual 244 5.58E+09 22871496 Residual
CoefficientsStandard Error t Stat P-value Lower 95% Upper 95% Coefficients

Intercept 10519.7704 329.3518 31.94083 3.92E-89 9871.0351 11168.51 Intercept
X Variable 1 0.02720254 0.01207 2.253733 0.025101 0.0034279 0.050977 X Variable 1
X Variable 2
SUMMARY OUTPUT disp ut=f(yt-1^2,ut-1^2)
Multiple R 0.38654117 6500
R Square 0.14941408
6000
Observations 246
5500
ANOVA
BET t
5000
Regression 2 8.51E+08 4.26E+08 21.34271 2.8891E-09
Residual 243 4.85E+09 19940872
Total 245 5.7E+09 4500
CoefficientsStandard Error t Stat P-value Lower 95% Upper 95%

4000
Intercept 4354.63162 1061.016 4.104211 5.542E-05 2264.67 6444.593
X Variable 1 0.00024644 4.059E-05 6.071213 4.851E-09 0.0001665 0.000326
X Variable 2 0.02524689 0.011275 2.239231 0.026046 0.0030381 0.047456 3500
mai buna ARCH

3000
3000 3500
SUMMARY OUTPUT
disp ut=f(yt-1^2,yt-2^2,ut-1^2)
Multiple R 0.39064981 se renunta la ea
R Square 0.15260727
Observations 245
ANOVA
Regression 3 8.53E+08 2.84E+08 14.46726 1.0713E-08
Residual 241 4.73E+09 19642669
Total 244 5.59E+09

Intercept 4600.71892 1064.413 4.322305 2.26E-05 2503.9774 6697.46
X Variable 1 -0.00026586 0.000277 -0.960135 0.337949 -0.0008113 0.00028
X Variable 2 0.00050684 0.000275 1.840811 0.066879 -3.553E-05 0.001049
X Variable 3 0.02176493 0.011319 1.922867 0.055675 -0.0005319 0.044062
SUMMARY OUTPUT
disp ut=f(yt-1^2,ut-1^2,ut-2^2)
Multiple R 0.39105503 se renunta la ea
R Square 0.15292404
Observations 245
ANOVA
Regression 3 8.54E+08 2.85E+08 14.50271 1.0251E-08
Residual 241 4.73E+09 19635326
Total 244 5.59E+09
CoefficientsStandard Error t Stat P-value Lower 95% Upper 95%Lower 95.0%Upper 95.0%
Intercept 4487.08008 1065.619 4.210775 3.596E-05 2387.9645 6586.196 2387.964 6586.1957
X Variable 1 0.00023558 4.066E-05 5.794037 2.138E-08 0.0001555 0.000316 0.000155 0.00031568
X Variable 2 0.02002927 0.011487 1.743612 0.082502 -0.0025989 0.042657 -0.002599 0.04265746
X Variable 3 0.02143856 0.011492 1.865469 0.063331 -0.0011997 0.044077 -0.0012 0.04407677
SUMMARY OUTPUT disp ut=f(ut-1^2,ut-2^2)
Regression Statistics se renunta la ea

Multiple R 0.18689
R Square 0.03492787
Observations 245
ANOVA
Regression 2 1.95E+08 97560702 4.379229 0.0135436
Residual 242 5.39E+09 22278052
Total 244 5.59E+09

Intercept 10377.4273 340.2256 30.50161 7E-85 9707.2457 11047.61
X Variable 1 0.02112748 0.012234 1.726919 0.085458 -0.0029716 0.045227
X Variable 2 0.02385364 0.012233 1.949905 0.052342 -0.0002436 0.047951
t t-1
y t-1^2 ut-1^2 y/disp umt y/disp umt yteo-mm utmm disp utmm
ymm ymm
107.12 #DIV/0! #DIV/0!

14.42 0.0015066 51407.85 51845.28 51491.5 -83.61 0
24.79 0.0031283 13677.49 13616.99 13533.6 143.89 12939.4
30.47 0.0000925 7157.70 7090.39 7053.2 104.53 9856.06
19.59 0.0002915 3223.74 3169.47 3160.0 63.75 7406.607
26.41 0.0022765 4214.53 4176.48 4159.9 54.66 5926.272
24.87 0.0001966 3872.71 3884.95 3870.4 2.31 5348.593
30.13 0.0022558 4733.17 4694.48 4674.2 58.96 4600.332
22.66 0.0001022 3418.13 3358.67 3347.8 70.28 4073.838
26.95 0.0029141 3935.82 3928.56 3913.7 22.11 3708.521
13.07 0.0005549 2284.13 2228.15 2225.3 58.80 3347.147
9.08 0.0046427 1816.98 1773.07 1773.5 43.52 3045.888
5.70 0.0031279 1304.55 1324.15 1327.7 -23.17 3190.09
5.44 0.0024877 1334.54 1342.37 1345.8 -11.27 3153.828
6.12 0.0007718 1531.10 1523.78 1525.9 5.16 3003.752
6.93 0.0000105 1742.09 1728.51 1729.2 12.87 2838.017
7.79 0.0000204 1937.10 1933.72 1933.0 4.12 2715.984
8.71 0.0001522 2174.64 2163.84 2161.5 13.17 2577.844
9.70 0.0000126 2426.80 2409.80 2405.7 21.11 2440.598
10.84 0.0000068 2689.02 2677.48 2671.5 17.55 2321.41
11.62 0.0000403 2920.08 2890.73 2883.2 36.86 2207.283
12.68 0.0001766 3180.38 3151.38 3142.0 38.36 2104.778
11.96 0.0001091 3096.38 3044.54 3035.9 60.44 2046.363
13.28 0.0013872 3309.89 3304.18 3293.7 16.14 1968.484
14.01 0.0002753 3551.42 3516.61 3504.7 46.75 1895.428
13.32 0.0001826 3232.31 3255.76 3245.7 -13.36 1899.97
12.31 0.0024207 2990.30 3013.21 3004.8 -14.54 1902.095
4.53 0.0023677 1646.86 1578.60 1580.4 66.50 1882.27
2.41 0.0062732 1143.40 1094.20 1099.4 44.00 1821.587
1.41 0.0037017 859.92 820.05 827.2 32.73 1758.91
1.65 0.0026095 921.69 916.69 923.1 -1.45 1733.749
1.71 0.0000000 977.63 963.11 969.2 8.39 1692.005
1.81 0.0001523 1036.03 1021.16 1026.9 9.16 1651.068
1.71 0.0001436 980.14 996.12 1002.0 -21.86 1675.266
1.67 0.0008016 996.16 1003.84 1009.7 -13.51 1672.561
1.60 0.0002940 1028.16 1007.30 1013.1 15.05 1627.913
1.68 0.0003662 1075.11 1057.12 1062.6 12.53 1587.154
1.76 0.0002181 1127.52 1110.34 1115.4 12.10 1548.652
1.49 0.0001702 1062.98 1028.51 1034.2 28.81 1508.336
1.43 0.0011657 1050.24 1021.55 1027.3 22.99 1469.741
1.40 0.0007256 998.27 1015.31 1021.1 -22.79 1488.069
1.29 0.0006971 1016.34 992.97 998.9 17.46 1452.657
0.78 0.0004200 807.35 764.62 772.1 35.21 1421.309
0.89 0.0019964 831.90 835.31 842.3 -10.44 1414.703
0.85 0.0000777 810.21 823.54 830.6 -20.44 1424.243
0.82 0.0003894 813.60 822.49 829.6 -16.01 1423.837
0.84 0.0002114 851.36 848.29 855.2 -3.87 1406.105
0.88 0.0000021 879.94 882.07 888.8 -8.83 1394.124
0.90 0.0000514 921.61 911.12 917.6 4.00 1370.235
0.89 0.0000352 944.58 923.55 930.0 14.63 1342.758
0.93 0.0002737 977.76 960.08 966.2 11.53 1317.135
0.97 0.0001601 983.18 992.66 998.6 -15.40 1314.463
0.98 0.0002139 1026.62 1019.31 1025.0 1.59 1294.659
0.80 0.0000034 875.72 907.34 913.9 -38.14 1329.197
0.49 0.0012775 665.08 702.22 710.2 -45.11 1375.227
0.31 0.0016449 592.99 556.66 565.7 27.34 1352.486
0.32 0.0011534 596.78 575.10 584.0 12.81 1328.546
0.24 0.0003586 528.56 494.57 504.0 24.55 1306.435
0.25 0.0009917 494.58 511.15 520.5 -25.89 1314.17
0.23 0.0003294 480.73 492.82 502.3 -21.54 1314.926
0.22 0.0001819 482.39 489.56 499.0 -16.64 1309.43
0.17 0.0000738 468.87 443.33 453.1 15.74 1287.989
0.18 0.0005089 478.88 461.90 471.6 7.31 1268.037
0.20 0.0002018 485.66 490.46 499.9 -14.27 1260.737
0.19 0.0000367 501.20 487.37 496.9 4.35 1242.451
0.21 0.0001179 520.67 514.79 524.1 -3.42 1227.819
0.20 0.0000122 498.37 513.26 522.6 -24.20 1230.443
0.19 0.0002185 494.42 503.78 513.2 -18.74 1226.834
0.18 0.0000947 511.35 498.10 507.5 3.84 1209.873
0.20 0.0000966 520.88 524.27 533.5 -12.62 1201.24
0.20 0.0000203 529.11 533.29 542.5 -13.34 1193.111
0.20 0.0000263 540.80 542.95 552.0 -11.24 1183.565
0.19 0.0000117 523.14 537.64 546.8 -23.63 1183.838
0.18 0.0001805 524.88 532.21 541.4 -16.50 1177.7
0.18 0.0000555 542.33 538.71 547.8 -5.50 1165.171
0.19 0.0000018 562.20 553.83 562.8 -0.65 1151.192
0.20 0.0000249 580.64 576.46 585.3 -4.69 1138.875
0.20 0.0000025 582.90 590.49 599.2 -16.35 1132.91
0.20 0.0000565 572.91 585.61 594.4 -21.49 1130.577
0.18 0.0001273 542.24 561.66 570.6 -28.39 1133.872
0.13 0.0002608 444.30 478.57 488.1 -43.82 1153.711
0.11 0.0007273 430.53 444.07 453.9 -23.34 1151.455
0.11 0.0001216 434.69 439.26 449.1 -14.40 1143.258
0.10 0.0000179 432.97 441.00 450.8 -17.84 1137.044
0.10 0.0000449 449.68 441.46 451.3 -1.59 1124.388
0.11 0.0000263 461.99 460.25 469.9 -7.93 1113.736
0.11 0.0000001 457.94 467.46 477.1 -19.15 1108.512
0.07 0.0000581 337.13 378.73 389.0 -51.86 1134.436
0.06 0.0009019 353.45 338.09 348.6 4.81 1121.556
0.06 0.0001109 369.51 357.17 367.6 1.93 1109.12
0.06 0.0000681 385.31 366.48 376.8 8.48 1096.878
0.07 0.0001592 401.30 383.91 394.1 7.17 1084.845
0.08 0.0001312 408.12 409.71 419.8 -11.63 1076.32
0.08 0.0000026 418.26 416.88 426.9 -8.61 1066.896
0.08 0.0000001 423.21 426.42 436.3 -13.14 1059.185
0.08 0.0000073 419.85 428.55 438.5 -18.61 1053.966
0.08 0.0000392 426.21 428.21 438.1 -11.91 1045.936
0.08 0.0000034 438.54 434.79 444.7 -6.11 1036.374
0.08 0.0000035 451.88 447.09 456.9 -4.99 1026.751
0.08 0.0000061 466.50 460.17 469.9 -3.35 1017.014
0.09 0.0000114 463.69 472.47 482.1 -18.38 1012.042
0.08 0.0000376 456.07 467.58 477.2 -21.14 1008.372
0.08 0.0000599 453.74 462.09 471.8 -18.02 1003.217
0.08 0.0000324 452.87 460.24 469.9 -17.05 997.6711
0.07 0.0000252 427.74 447.91 457.7 -29.94 998.8133
0.07 0.0001604 444.48 433.64 443.5 0.98 989.3522
0.07 0.0000369 451.79 452.70 462.4 -10.64 981.833
0.07 0.0000010 439.87 453.81 463.5 -23.67 979.3217
0.07 0.0000750 454.88 447.08 456.9 -1.98 970.4732
0.07 0.0000170 460.28 462.79 472.5 -12.17 963.6243
0.07 0.0000037 471.09 468.63 478.3 -7.17 955.7462
0.07 0.0000009 484.55 479.26 488.8 -4.26 947.5608
0.08 0.0000063 502.28 490.92 500.4 1.90 939.1044
0.08 0.0000344 521.59 507.07 516.4 5.17 930.8534
0.09 0.0000568 531.10 530.71 539.9 -8.79 923.8143
0.09 0.0000002 545.35 539.97 549.1 -3.73 916.1152
0.09 0.0000053 550.93 554.20 563.2 -12.29 910.071
0.09 0.0000061 546.83 557.06 566.1 -19.23 906.223
0.09 0.0000385 544.41 553.48 562.5 -18.09 901.9766
0.09 0.0000304 551.08 553.23 562.3 -11.18 895.8344
0.09 0.0000032 563.65 560.19 569.2 -5.52 888.8172
0.09 0.0000014 575.60 572.94 581.8 -6.23 881.9973
0.09 0.0000005 589.77 584.80 593.6 -3.83 875.0177
0.09 0.0000035 600.33 599.35 608.0 -7.72 868.6142
0.10 0.0000001 619.69 607.83 616.5 3.22 861.6304
0.10 0.0000281 637.93 628.20 636.7 1.23 854.7385
0.11 0.0000170 642.97 647.31 655.7 -12.70 849.5662
0.11 0.0000092 651.91 652.94 661.3 -9.35 843.7942
0.11 0.0000019 655.04 660.94 669.2 -14.16 839.0803
0.10 0.0000143 642.73 658.83 667.1 -24.38 837.6435
0.10 0.0000767 638.64 649.52 657.9 -19.22 834.346
0.09 0.0000372 583.04 619.70 628.2 -45.21 844.1043
0.08 0.0003441 605.43 587.50 596.3 9.15 838.2625
0.09 0.0000656 627.40 610.67 619.3 8.12 832.3769
0.09 0.0000548 638.17 636.76 645.2 -7.03 826.6069
0.09 0.0000000 643.89 647.16 655.5 -11.63 821.5913
0.09 0.0000052 632.34 647.99 656.3 -24.01 819.9519
0.09 0.0000653 649.24 640.89 649.3 -0.06 813.9682
0.09 0.0000104 663.91 658.44 666.7 -2.81 808.1426
0.10 0.0000033 685.86 670.38 678.6 7.29 802.6732
0.10 0.0000409 692.25 695.26 703.3 -11.04 797.8661
0.10 0.0000048 704.62 702.05 710.0 -5.40 792.4374
0.10 0.0000001 719.79 714.33 722.2 -2.42 786.9076
0.11 0.0000027 722.31 728.74 736.5 -14.21 782.8574
0.11 0.0000140 731.14 732.20 740.0 -8.81 777.9748
0.11 0.0000018 738.82 740.96 748.7 -9.84 773.2841
0.11 0.0000033 748.42 748.85 756.5 -8.07 768.433
0.11 0.0000011 760.79 758.60 766.2 -5.38 763.3986
0.11 0.0000000 764.98 770.26 777.8 -12.77 759.3224
0.11 0.0000102 779.40 775.18 782.6 -3.23 754.289
0.11 0.0000008 783.54 788.97 796.3 -12.78 750.3125
0.11 0.0000106 802.30 793.19 800.5 1.79 745.3711
0.12 0.0000087 816.06 812.83 820.0 -3.96 740.5573
0.12 0.0000002 826.66 826.66 833.8 -7.09 736.0188
0.12 0.0000010 845.93 836.62 843.6 2.29 731.2832
0.13 0.0000083 861.39 856.73 863.6 -2.22 726.5887
0.13 0.0000008 884.35 870.32 877.1 7.25 722.2951
0.13 0.0000221 914.07 883.81 890.5 23.58 721.2918
0.14 0.0001278 929.96 925.50 931.9 -1.93 716.7474
0.15 0.0000004 945.51 941.55 947.8 -2.31 712.2695
0.15 0.0000001 956.96 957.25 963.4 -6.46 708.0662
0.15 0.0000019 960.86 967.78 973.9 -13.02 704.686
0.15 0.0000162 983.81 970.88 976.9 6.86 700.647
0.15 0.0000151 1013.90 985.50 991.5 22.42 699.4733
0.16 0.0000990 1028.14 1026.21 1031.9 -3.75 695.2901
0.16 0.0000004 1050.19 1039.20 1044.8 5.40 691.2585
0.17 0.0000085 1068.13 1062.51 1067.9 0.20 687.0947
0.17 0.0000006 1076.43 1080.48 1085.8 -9.35 683.4936
0.17 0.0000092 1091.25 1089.18 1094.4 -3.16 679.48
0.18 0.0000005 1103.03 1104.04 1109.2 -6.13 675.6709
0.18 0.0000035 1125.36 1114.74 1119.8 5.57 671.8891
0.18 0.0000064 1153.63 1133.45 1138.4 15.26 669.3391
0.19 0.0000371 1178.53 1164.67 1169.4 9.16 665.9372
0.19 0.0000130 1210.60 1176.57 1181.2 29.42 667.0583
0.21 0.0001234 1239.58 1218.34 1222.7 16.91 664.8254
0.21 0.0000384 1240.46 1251.66 1255.7 -15.28 662.4007
0.21 0.0000349 1261.60 1253.68 1257.7 3.86 658.7134
0.22 0.0000014 1264.14 1274.17 1278.1 -13.95 656.1171
0.22 0.0000298 1276.66 1278.16 1282.1 -5.40 652.6015
0.22 0.0000054 1290.80 1290.80 1294.6 -3.81 649.0401
0.21 0.0000032 1234.93 1278.31 1282.2 -47.27 657.8181
0.20 0.0003048 1253.53 1248.26 1252.4 1.17 654.1939
0.21 0.0000001 1255.60 1265.65 1269.6 -14.03 651.6474
0.20 0.0000281 1259.58 1268.07 1272.0 -12.46 648.8957
0.20 0.0000222 1243.60 1266.14 1270.1 -26.51 649.0759
0.20 0.0000935 1258.98 1256.98 1261.0 -2.04 645.5807
0.20 0.0000009 1252.14 1268.60 1272.6 -20.43 644.2383
0.19 0.0000553 1285.37 1256.59 1260.6 24.74 644.2032
0.20 0.0000716 1293.95 1298.56 1302.3 -8.37 641.1083
0.20 0.0000109 1294.38 1305.68 1309.4 -14.99 638.8231
0.20 0.0000314 1285.20 1303.42 1307.1 -21.94 637.8524
0.20 0.0000634 1303.41 1298.48 1302.2 1.18 634.5308
0.20 0.0000000 1336.73 1309.24 1312.9 23.81 634.3305
0.21 0.0000598 1355.91 1350.30 1353.7 2.23 631.0833
0.21 0.0000000 1384.83 1366.48 1369.8 15.07 629.0781
0.22 0.0000198 1404.04 1398.75 1401.8 2.25 625.8893
0.22 0.0000000 1373.98 1405.75 1408.7 -34.76 628.6779
0.21 0.0001560 1403.26 1384.50 1387.6 15.62 626.8165
0.22 0.0000203 1416.62 1417.31 1420.2 -3.60 623.6981
0.22 0.0000042 1447.10 1426.72 1429.6 17.53 622.1978
0.23 0.0000242 1479.39 1455.86 1458.5 20.89 621.3526
0.24 0.0000345 1502.09 1493.30 1495.7 6.41 618.4872
0.24 0.0000009 1535.89 1509.51 1511.8 24.12 618.3651
0.25 0.0000442 1567.24 1546.15 1548.1 19.09 617.1417
0.26 0.0000233 1603.73 1569.00 1570.8 32.89 619.4251
0.27 0.0000843 1614.05 1618.87 1620.4 -6.31 616.6008
0.27 0.0000137 1646.13 1624.12 1625.6 20.56 615.643
0.28 0.0000241 1677.61 1656.96 1658.2 19.43 614.4584
0.29 0.0000193 1649.67 1681.62 1682.7 -33.00 616.7859
0.28 0.0001544 1660.95 1665.03 1666.2 -5.24 613.969
0.28 0.0000122 1684.92 1675.67 1676.8 8.17 611.3586
0.28 0.0000005 1719.17 1693.40 1694.4 24.82 611.347
0.29 0.0000345 1750.87 1730.50 1731.2 19.67 610.2437
0.30 0.0000167 1728.40 1757.51 1758.0 -29.61 611.557
0.29 0.0001303 1736.57 1743.73 1744.3 -7.76 608.9906
0.29 0.0000204 1743.53 1751.72 1752.3 -8.74 606.5206
0.29 0.0000233 1756.18 1759.32 1759.8 -3.62 603.7756
0.29 0.0000106 1783.42 1770.45 1770.9 12.55 601.7094
0.30 0.0000028 1791.04 1798.84 1799.1 -8.02 599.2511
0.30 0.0000223 1814.44 1806.57 1806.7 7.72 596.7805
0.31 0.0000000 1797.89 1823.56 1823.6 -25.71 597.085
0.30 0.0001028 1823.59 1812.88 1813.0 10.60 594.89
0.30 0.0000008 1851.77 1837.96 1837.9 13.88 593.0692
0.31 0.0000032 1886.55 1862.20 1862.0 24.59 593.0858
0.32 0.0000240 1865.73 1894.43 1894.0 -28.24 594.0356
0.31 0.0001211 1853.56 1876.51 1876.2 -22.61 593.6751
0.31 0.0000850 1887.77 1864.75 1864.5 23.27 593.4377
0.31 0.0000199 1929.31 1879.38 1879.0 50.28 601.8746
0.33 0.0001532 1924.75 1942.64 1941.8 -17.09 600.557
0.32 0.0000602 1938.14 1941.18 1940.4 -2.25 597.9613
0.33 0.0000113 1954.21 1954.71 1953.8 0.39 595.3616
0.33 0.0000069 1985.43 1967.92 1966.9 18.50 594.2238
0.33 0.0000068 2025.76 1988.57 1987.4 38.31 597.8634
0.35 0.0000682 2034.48 2042.22 2040.7 -6.23 595.489
0.35 0.0000234 2004.78 2039.52 2038.0 -33.24 597.7713
0.33 0.0001588 1937.63 1992.13 1991.0 -53.34 607.4153
0.31 0.0003320 1884.00 1931.69 1931.0 -46.96 614.1709
0.30 0.0002603 1886.82 1898.31 1897.8 -11.00 612.0755
0.29 0.0000315 1925.85 1893.97 1893.5 32.34 613.9288
0.30 0.0000467 1890.07 1928.00 1927.3 -37.23 617.1201
0.29 0.0001738 1911.70 1905.46 1904.9 6.79 614.7513
0.30 0.0000003 1938.95 1926.24 1925.5 13.40 612.9616
0.30 0.0000017 1925.91 1949.44 1948.6 -22.67 612.523
0.30 0.0000809 1951.37 1940.89 1940.1 11.27 610.5423
0.30 0.0000004 1977.68 1966.32 1965.3 12.33 608.6768
0.31 0.0000007 2014.00 1988.50 1987.4 26.63 609.0986
ym t=f(ym t-1)
0.9999104 Multiple R
0.9998209 R Square
0.9998201 Adjusted R
0.0167777 Standard E
246 Observatio
ANOVA
1 383.36682 383.3668 1361909.01 0 Regression
244 0.0686841 0.000281 Residual
245 383.43551 Total
Coefficients
-0.001309 0.0013162 -0.994188 0.32 -0.0039011 0.001284018 Intercept
1.0066374 0.0008626 1167.009 0.00 1.00493837 1.0083364739 X Variable

dispmt=f(ymt-1^2, umt-1^2)
0.5815134 Multiple R
0.3381579 R Square
0.0003004 Standard E
245 Observatio
ANOVA
2 1.116E-05 5.581E-06 61.823052 2.0478E-22 Regression
242 2.184E-05 9.027E-08 Residual
244 3.301E-05 Total
Coefficients
0.0005563 2.096E-05 26.54159 1.2783E-73 0.00051502 0.0005975915 Intercept
2.129E-05 4.008E-06 5.313155 2.4432E-07 1.34E-05 2.918967E-05 X Variable
0.188756 0.0275779 6.844456 6.2625E-11 0.13443254 0.2430794268 X Variable
f. bun ARCH
Corelaţia pozitivă între indicele BET t şi BET t-1

6500
6000
5500
5000
4500
4000
3500
3000
3000 3500 4000 4500BET t-1 5000 5500 6000 6500
Upper 95.0%
ymm t-1^2 umm t-1^2 et^2 et-1^2 et-2^2 disp et
7 0.0
1073 7 314.3
2687933566.1 4773 1073 7 859.0
185422388.7 6990.69 768 4773 1073 649.6
50273622.0 20705.09 120 768 4773 588.5
10045546.5 10927.03 222 120 768 741.0
17442988.0 4064.20 96 222 120 649.0
15092820.1 2987.57 2525 96 222 675.0
22038165.6 5.34 149 2525 96 611.2
11280674.2 3475.90 423 149 2525 710.7
15433621.3 4939.44 1015 423 149 663.3
4964632.4 488.88 2357 1015 423 954.2
3143762.8 3458.03 2607 2357 1015 1173.6
1753363.4 1893.70 7835 2607 2357 1517.4
1801948.9 536.63 3214 7835 2607 1529.9
2321907.1 126.94 370 3214 7835 1434.7
2987738.3 26.60 63 370 3214 1354.8
3739275.6 165.67 850 63 370 1288.0
4682198.7 16.98 301 850 63 1220.2
5807146.6 173.43 90 301 850 1162.0
7168900.2 445.45 354 90 301 1106.9
8356341.3 307.88 9 354 90 1073.5
9931199.1 1358.41 0 9 354 1038.1
9269216.5 1471.23 937 0 9 1078.8
10917613.4 3653.50 635 937 0 1041.0
12366539.5 260.51 36 635 937 1015.5
10600001.4 2185.18 3432 36 635 1051.8
9079460.2 178.46 3651 3432 36 1086.2
2491964.0 211.31 17311 3651 3432 1777.4
1197275.1 4421.95 22030 17311 3651 2539.8
672482.1 1935.96 30533 22030 17311 3477.0
840320.4 1071.28 3 30533 22030 3368.4
927583.4 2.10 1931 3 30533 3323.2
1042757.8 70.40 1928 1931 3 3277.4
992245.4 83.91 8272 1928 1931 3426.3
1007695.0 478.01 2936 8272 1928 3410.0
1014657.0 182.64 4818 2936 8272 3450.6
1117508.3 226.51 3190 4818 2936 3440.8
1232852.1 157.03 2722 3190 4818 3416.0
1057828.1 146.40 18961 2722 3190 3772.6
1043555.3 830.18 14373 18961 2722 3986.9
1030847.1 528.45 8761 14373 18961 4137.5
985983.6 519.53 10072 8761 14373 4240.4
584641.5 304.83 69969 10072 8761 5595.1
697750.5 1239.44 730 69969 10072 5508.7
678213.6 108.97 8102 730 69969 5618.1
676497.3 417.64 3951 8102 730 5613.8
719601.3 256.47 90 3951 8102 5496.8
778039.5 14.99 425 90 3951 5403.3
830146.1 77.93 2450 425 90 5326.9
852941.4 15.99 11827 2450 425 5409.5
921752.8 214.07 8238 11827 2450 5422.3
985377.7 133.04 2966 8238 11827 5405.6
1038991.0 237.16 1104 2966 8238 5313.5
823274.6 2.52 35646 1104 2966 5941.5
493114.1 1454.76 77367 35646 1104 7281.7
309866.2 2035.07 92603 77367 35646 8709.5
330738.2 747.21 35462 92603 77367 9103.2
244598.4 164.06 133703 35462 92603 11030.0
261278.6 602.88 33059 133703 35462 11502.1
242870.9 670.43 18357 33059 133703 11678.2
239672.6 463.98 6593 18357 33059 11629.0
196544.9 277.02 92128 6593 18357 12781.8
213354.3 247.64 43829 92128 6593 13159.7
240550.5 53.39 2622 43829 92128 13031.0
237527.3 203.69 28638 2622 43829 13177.0
265008.6 18.89 5762 28638 2622 13026.6
263439.7 11.70 27354 5762 28638 13336.6
253793.4 585.70 10519 27354 5762 13350.6
248104.0 351.03 24520 10519 27354 13437.5
274858.7 14.72 977 24520 10519 13282.2
284400.2 159.29 1575 977 24520 13142.5
294792.2 178.03 311 1575 977 12978.4
289051.5 126.38 22801 311 1575 13175.7
283245.5 558.44 5690 22801 311 13105.2
290205.0 272.22 1439 5690 22801 12941.0
306724.1 30.24 7336 1439 5690 12840.4
332310.6 0.42 1924 7336 1439 12687.0
348677.2 21.96 4880 1924 7336 12615.2
342936.8 267.45 14401 4880 1924 12677.1
315467.2 461.94 36377 14401 4880 13020.1
229025.2 805.81 148049 36377 14401 14731.1
197198.2 1920.27 26027 148049 36377 14880.5
192951.6 544.78 3994 26027 148049 14753.9
194477.7 207.34 10114 3994 26027 14701.7
194885.4 318.37 5016 10114 3994 14587.8
211825.9 2.54 14 5016 10114 14420.2
218520.3 62.93 12296 14 5016 14397.6
143433.9 366.77 278758 12296 14 17332.5
114306.1 2689.37 26693 278758 12296 17455.0
127572.1 23.14 16450 26693 278758 17453.5
134307.4 3.73 44822 16450 26693 17757.6
147385.3 71.93 39654 44822 16450 17989.7
167864.0 51.37 896 39654 44822 17809.0
173791.4 135.34 27 896 39654 17621.6
181837.7 74.12 2303 27 896 17463.4
183652.4 172.61 12282 2303 27 17411.0
183360.9 346.18 1276 12282 2303 17246.2
189044.3 141.85 755 1276 12282 17079.8
199892.3 37.32 1486 755 1276 16923.8
211756.6 24.91 3018 1486 755 16785.7
223230.9 11.22 10497 3018 1486 16724.5
218631.9 337.76 17333 10497 3018 16728.1
213525.3 447.08 9997 17333 10497 16659.5
211818.7 324.72 8175 9997 17333 16573.8
200627.3 290.59 49735 8175 9997 16868.4
188039.5 896.35 7674 49735 8175 16790.8
204938.4 0.96 803 7674 49735 16640.5
205945.8 113.27 24479 803 7674 16697.1
199884.6 560.28 2833 24479 803 16577.0
214171.8 3.92 1979 2833 24479 16441.2
219618.0 148.12 3 1979 2833 16294.9
229691.9 51.40 770 3 1979 16160.6
240998.6 18.18 6896 770 3 16087.2
257119.8 3.62 12607 6896 770 16065.5
281652.2 26.77 145 12607 6896 15927.6
291565.5 77.28 974 145 12607 15801.9
307137.0 13.94 1805 974 145 15680.7
310313.4 151.03 10274 1805 974 15628.1
306338.2 369.67 8505 10274 1805 15561.1
306065.0 327.19 1278 8505 10274 15440.0
313814.5 124.98 90 1278 8505 15315.3
328260.4 30.46 10 90 1278 15191.4
341992.4 38.77 455 10 90 15074.7
359218.7 14.65 85 455 10 14954.2
369456.2 59.53 5381 85 455 14884.3
394637.8 10.38 3344 5381 85 14797.6
419009.8 1.52 2088 3344 5381 14695.3
426330.7 161.32 471 2088 3344 14583.7
436835.7 87.34 3209 471 2088 14492.1
434062.4 200.52 16878 3209 471 14499.6
421872.1 594.55 8823 16878 3209 14447.9
384023.0 369.25 81251 8823 16878 14917.5
345155.7 2044.04 11180 81251 8823 14903.3
372916.0 83.78 9690 11180 81251 14876.1
405466.7 65.90 83 9690 11180 14766.7
418817.1 49.35 1727 83 9690 14667.5
419892.0 135.30 16203 1727 83 14664.6
410744.1 576.38 1268 16203 1727 14572.9
433545.8 0.00 273 1268 16203 14473.0
449406.2 7.92 6966 273 1268 14429.0
483390.4 53.12 1399 6966 273 14333.8
492877.5 121.79 2 1399 6966 14233.8
510261.3 29.18 295 2 1399 14139.1
531057.0 5.87 3312 295 2 14059.0
536111.9 201.98 592 3312 295 13964.6
549028.0 77.65 963 592 3312 13873.4
560780.3 96.75 430 963 592 13780.7
575471.8 65.15 26 430 963 13688.3
593307.5 28.96 2409 26 430 13608.3
600897.0 163.03 37 2409 26 13519.5
622470.8 10.41 2427 37 2409 13441.7
629145.1 163.40 1097 2427 37 13365.0
660688.7 3.19 0 1097 2427 13278.7
683367.7 15.66 301 0 1097 13193.6
699937.9 50.27 1125 301 0 13120.0
733984.5 5.23 77 1125 301 13038.1
757461.2 4.91 3483 77 1125 12983.6
781121.6 52.52 21686 3483 77 13051.0
856543.4 555.85 144 21686 3483 12971.5
886507.4 3.72 91 144 21686 12892.5
916332.4 5.35 151 91 144 12813.1
936605.2 41.75 2124 151 91 12744.3
942607.5 169.47 2890 2124 151 12688.4
971219.7 47.10 17600 2890 2124 12727.3
1053107.6 502.85 4 17600 2890 12650.9
1079942.2 14.08 2175 4 17600 12591.1
1128936.2 29.19 437 2175 4 12520.0
1167435.0 0.04 646 437 2175 12448.5
1186303.8 87.39 13 646 437 12375.7
1218898.0 9.98 117 13 646 12303.5
1242643.0 37.61 1863 117 13 12245.2
1284703.1 31.02 7716 1863 117 12223.4
1356462.4 233.02 3570 7716 1863 12176.3
1384326.6 83.84 23524 3570 7716 12246.6
1484362.1 865.25 9418 23524 3570 12233.1
1566653.2 286.06 2322 9418 23524 12176.0
1571704.3 233.49 1344 2322 9418 12116.1
1623501.5 14.90 1787 1344 2322 12057.3
1633699.7 194.56 29 1787 1344 11990.4
1666155.9 29.15 1 29 1787 11924.2
1634073.9 14.49 35369 1 29 12047.2
1558146.1 2234.76 412 35369 1 11984.4
1601861.9 1.36 2021 412 35369 11928.7
1608012.3 196.91 1502 2021 412 11870.9
1603098.7 155.31 9662 1502 2021 11855.0
1579999.6 703.00 10 9662 1502 11791.9
1609351.0 4.17 5344 10 9662 11754.3
1579019.5 417.32 12579 5344 10 11763.7
1686261.2 611.82 527 12579 5344 11703.7
1704789.6 70.02 2510 527 12579 11653.5
1698908.2 224.81 6149 2510 527 11621.4
1686042.9 481.40 166 6149 2510 11562.7
1714120.7 1.38 10460 166 6149 11561.6
1823310.4 566.80 311 10460 166 11504.7
1867279.7 4.95 4526 311 10460 11471.7
1956490.1 227.10 315 4526 311 11415.7
1976122.4 5.07 15418 315 4526 11431.4
1916832.5 1208.51 4487 15418 315 11399.1
2008757.0 243.89 33 4487 15418 11342.1
2035542.9 12.93 5344 33 4487 11314.9
2119529.5 307.44 7356 5344 33 11297.9
2229954.5 436.33 1037 7356 5344 11248.2
2278631.9 41.09 9446 1037 7356 11241.7
2390565.3 581.63 6253 9446 1037 11218.9
2461756.7 364.52 16916 6253 9446 11248.4
2620751.0 1081.95 131 16916 6253 11194.6
2637760.9 39.82 7142 131 16916 11175.9
2745522.1 422.75 6494 7142 131 11153.9
2827856.8 377.42 11044 6494 7142 11152.8
2772327.3 1088.83 65 11044 6494 11100.1
2807859.4 27.48 1472 65 11044 11055.0
2867587.1 66.78 9243 1472 65 11046.9
2994630.4 615.83 6171 9243 1472 11024.2
3088844.5 386.99 8170 6171 9243 11010.9
3040589.3 876.91 276 8170 6171 10961.1
3068508.3 60.29 413 276 8170 10912.4
3095195.5 76.33 13 413 276 10862.4
3134507.2 13.14 2464 13 413 10824.2
3235831.1 157.50 334 2464 13 10776.5
3263679.6 64.28 1065 334 2464 10732.6
3325380.0 59.61 5764 1065 334 10710.0
3286527.6 661.15 1628 5764 1065 10669.4
3378093.2 112.34 2563 1628 5764 10633.4
3467796.4 192.64 7166 2563 1628 10617.9
3588870.2 604.49 6727 7166 2563 10600.7
3521287.1 797.42 4236 6727 7166 10572.6
3477289.8 511.33 6037 4236 6727 10552.8
3532068.2 541.71 26834 6037 4236 10623.5
3773868.6 2528.51 2101 26834 6037 10586.6
3768178.1 292.15 0 2101 26834 10540.8
3820905.0 5.06 52 0 2101 10495.6
3872703.3 0.15 3849 52 0 10466.7
3954429.7 342.16 15059 3849 52 10485.3
4170663.4 1467.83 133 15059 3849 10441.4
4159636.3 38.81 8664 133 15059 10434.7
3968574.0 1105.19 24171 8664 133 10493.2
3731407.4 2845.06 19140 24171 8664 10529.4
3603577.1 2205.06 954 19140 24171 10489.2
3587120.6 121.01 9756 954 19140 10486.5
3717188.5 1045.89 11847 9756 954 10491.8
3630767.5 1385.71 455 11847 9756 10450.4
3710392.2 46.05 1650 455 11847 10414.3
3800319.1 179.61 4259 1650 455 10388.9
3767054.3 514.10 1092 4259 1650 10351.1
3866415.1 127.02 1290 1092 4259 10314.3
3954135.0 152.02 5929 1290 1092 10296.7
8630 5929 1290 10289.8
10727 8630 5929 10291.1
12261 10727 8630 10298.1
13250 12261 10727 10308.5
13701 13250 12261 10320.2
13625 13701 13250 10331.1
13036 13625 13701 10339.3
11968 13036 13625 10342.9
10470 11968 13036 10340.5
8612 10470 11968 10331.0
6491 8612 10470 10313.5
testare efecte ARCH

ymmt=f(ymmt-1)
SUMMARY OUTPUT
SUMMARY OUTPUT
Regression Statistics Multiple R
0.9999737368 R Square
0.9999474744 Adjusted R
0.9999472582 Standard E
24.781279132 Observatio
245
ANOVA
df SS MS F Significance F Regression
1 2.84E+09 2.84E+09 4626070 0 Residual
243 149229.2 614.1118 Total
244 2.84E+09
Coefficients
Coefficients Standard Error t Stat P-value Lower 95%Upper 95% Intercept
12.937792515 1.719489 7.524208 1.03E-12 9.550787 16.3248 X Variable
0.9929258769 0.000462 2150.83 0 0.992017 0.993835
SUMMARY OUTPUT
SUMMARY OUTPUT
Regression Statistics Multiple R
0.8712731529 R Square
0.7571178772 Standard E
624.25760676 Observatio
244
ANOVA
df SS MS F Significance F Regression
2 2.96E+08 1.48E+08 379.7427 3.22E-75 Residual
241 93917112 389697.6 Total
243 3.9E+08
Coefficients
Coefficients Standard Error t Stat P-value Lower 95%Upper 95% Intercept
843.06596517 42.53537 19.82035 1.61E-52 759.2774 926.8545 X Variable
5.471593E-05 3.66E-06 14.95245 3.31E-36 4.75E-05 6.19E-05 X Variable
0.3507498487 0.026782 13.0967 5.89E-30 0.297994 0.403506
f. bun
efectele ARCH sunt mai puternice
et-1^2 disp et-1 disp teo et disp y t disp y t-1 y2t-1
0
512 0 10287864
7 0.0 164.9 564 512 10580318
1073 314.3 477.9 431 564 10638817
4773 859.0 1026.3 359 431 10460050
768 649.6 807.5 505 359 10553207
120 588.5 745.3 1385 505 10754530
222 741.0 895.8 2441 1385 11125961
96 649.0 804.9 2836 2441 11329619
2525 675.0 837.9 3465 2836 11258374
149 611.2 767.8 5022 3465 11444689
423 710.7 866.7 6169 5022 11853492
1015 663.3 821.7 9066 6169 11897326
2357 954.2 1112.6 13947 9066 12502660
2607 1173.6 1329.6 15879 13947 13129607
7835 1517.4 1684.7 16771 15879 12743900
3214 1529.9 1682.7 17684 16771 12595756
370 1434.7 1580.0 18849 17684 12716998
63 1354.8 1500.3 19799 18849 12917627
850 1288.0 1437.0 20804 19799 12962808
301 1220.2 1368.5 22013 20804 13092529
90 1162.0 1310.4 23217 22013 13277861
354 1106.9 1256.9 24856 23217 13392599
9 1073.5 1223.0 26848 24856 13665887
0 1038.1 1188.0 29892 26848 13918570
937 1078.8 1231.0 32550 29892 14396637
635 1041.0 1192.9 35618 32550 14446385
36 1015.5 1165.9 37565 35618 14733775
3432 1051.8 1212.2 38622 37565 14522273
3651 1086.2 1246.7 43023 38622 14302238
17311 1777.4 1970.2 52267 43023 15566023
22030 2539.8 2736.3 68359 52267 16997232
30533 3477.0 3686.2 83478 68359 18690058
3 3368.4 3484.8 99623 83478 18894670
1931 3323.2 3446.2 116722 99623 19468480
1928 3277.4 3401.1 128741 116722 20039768
8272 3426.3 3567.4 138042 128741 19402263
2936 3410.0 3534.8 149556 138042 19106603
4818 3450.6 3580.7 162707 149556 19906231
3190 3440.8 3566.0 177242 162707 20589542
2722 3416.0 3540.1 197012 177242 21231729
18961 3772.6 3941.8 221241 197012 22678930
14373 3986.9 4138.9 239119 221241 23971110
8761 4137.5 4269.9 260396 239119 23173344
10072 4240.4 4375.4 294040 260396 24277103
69969 5595.1 5895.9 323364 294040 27066631
730 5508.7 5596.5 345673 323364 26846077
8102 5618.1 5727.1 363317 345673 25984404
3951 5613.8 5710.0 380041 363317 25425394
90 5496.8 5582.8 394637 380041 25609470
425 5403.3 5491.7 410204 394637 25485939
2450 5326.9 5422.7 429283 410204 26076240
11827 5409.5 5533.0 450992 429283 27277640
8238 5422.3 5534.5 468560 450992 28291548
2966 5405.6 5501.8 486172 468560 27753510
1104 5313.5 5405.3 495132 486172 28153318
35646 5941.5 6131.1 495237 495132 26225153
77367 7281.7 7581.1 504267 495237 23524343
92603 8709.5 9035.5 519532 504267 26695616
35462 9103.2 9246.7 549928 519532 28746111
133703 11030.0 11449.7 569531 549928 32833473
33059 11502.1 11603.6 582230 569531 30739152
18357 11678.2 11731.7 591082 582230 29249601
6593 11629.0 11646.8 610552 591082 28399200
92128 12781.8 13047.6 637643 610552 31765285
43829 13159.7 13270.6 660263 637643 34143220
2622 13031.0 13016.3 688652 660263 33477680
28638 13177.0 13240.7 718291 688652 35405475
5762 13026.6 13021.7 738227 718291 36218250
27354 13336.6 13394.0 752512 738227 34146726
10519 13350.6 13355.8 771575 752512 32889422
24520 13437.5 13484.7 787812 771575 34662539
977 13282.2 13258.8 801191 787812 34215480
1575 13142.5 13122.9 812764 801191 33681541
311 12978.4 12957.3 818515 812764 33415914
22801 13175.7 13221.4 821534 818515 31638150
5690 13105.2 13099.0 825113 821534 30773092
1439 12941.0 12923.9 830552 825113 31188986
7336 12840.4 12843.0 836614 830552 32138695
1924 12687.0 12675.1 840121 836614 32605813
4880 12615.2 12613.5 840252 840121 31772612
14401 12677.1 12703.9 836353 840252 30409710
36377 13020.1 13110.1 827619 836353 28342953
148049 14731.1 15141.9 818152 827619 24429196
26027 14880.5 14911.6 808721 818152 22961731
3994 14753.9 14718.7 799337 808721 22486564
10114 14701.7 14686.2 790334 799337 21675636
5016 14587.8 14558.1 781586 790334 22490358
14 14420.2 14377.4 772827 781586 22661599
12296 14397.6 14393.2 766639 772827 21747952
278758 17332.5 18110.3 759028 766639 17232627
26693 17455.0 17451.1 750934 759028 18833604
16450 17453.5 17417.9 742991 750934 20157586
44822 17757.6 17805.5 736192 742991 22281799
39654 17989.7 18018.2 729388 736192 24346034
896 17809.0 17720.2 722809 729388 24156930
27 17621.6 17532.8 716123 722809 24317029
2303 17463.4 17383.9 709114 716123 23951530
12282 17411.0 17363.2 702169 709114 22988956
1276 17246.2 17166.7 695494 702169 22774561
755 17079.8 17001.0 689158 695494 23169397
1486 16923.8 16849.6 683284 689158 23667933
3018 16785.7 16718.2 677062 683284 24323835
10497 16724.5 16681.0 670622 677062 23427923
17333 16728.1 16705.7 664235 670622 22288313
9997 16659.5 16615.4 658021 664235 21489993
8175 16573.8 16525.2 652593 658021 20807738
49735 16868.4 16944.2 646809 652593 18975956
7674 16790.8 16737.6 641154 646809 19937386
803 16640.5 16568.3 636193 641154 19857540
24479 16697.1 16697.2 630944 636193 18656093
2833 16577.0 16512.0 625881 630944 19312245
1979 16441.2 16375.4 620802 625881 19103630
3 16294.9 16225.1 615633 620802 19304160
770 16160.6 16095.2 610327 615633 19732164
6896 16087.2 16041.7 605093 610327 20656480
12607 16065.5 16038.0 599952 605093 21856841
145 15927.6 15863.5 594962 599952 21889204
974 15801.9 15742.2 590011 594962 22327893
1805 15680.7 15625.3 585095 590011 22065003
10274 15628.1 15599.7 580319 585095 21262059
8505 15561.1 15528.2 575648 580319 20571214
1278 15440.0 15386.5 571011 575648 20411240
90 15315.3 15259.9 566428 571011 20663843
10 15191.4 15137.6 561897 566428 20856028
455 15074.7 15023.9 557438 561897 21212288
85 14954.2 14904.0 553105 557438 21281891
5381 14884.3 14851.4 548976 553105 22120466
3344 14797.6 14759.7 544839 548976 22810749
2088 14695.3 14655.0 540750 544839 22505726
471 14583.7 14540.0 536662 540750 22435001
3209 14492.1 14458.2 532610 536662 22036359
16878 14499.6 14507.9 528711 532610 20972095
8823 14447.9 14432.0 525862 528711 20275838
81251 14917.5 15118.9 522435 525862 17948017
11180 14903.3 14888.1 518719 522435 19060559
9690 14876.1 14856.7 515037 518719 20119621
83 14766.7 14719.2 511449 515037 20208711
1727 14667.5 14626.5 508212 511449 20004866
16203 14664.6 14668.5 504839 508212 19049995
1268 14572.9 14531.8 501422 504839 19549485
273 14473.0 14430.3 497907 501422 19875369
6966 14429.0 14407.6 494457 497907 20804089
1399 14333.8 14296.6 491041 494457 20623951
2 14233.8 14193.7 487656 491041 20775182
295 14139.1 14101.3 484337 487656 21094087
3312 14059.0 14031.7 481068 484337 20723526
592 13964.6 13930.2 477855 481068 20663934
963 13873.4 13841.4 474687 477855 20544735
430 13780.7 13748.5 471549 474687 20521081
26 13688.3 13656.1 468484 471549 20639758
2409 13608.3 13584.7 465432 468484 20357783
37 13519.5 13489.8 462454 465432 20580467
2427 13441.7 13420.5 459466 462454 20298359
1097 13365.0 13340.8 456507 459466 20767434
0 13278.7 13252.3 453585 456507 20932821
301 13193.6 13169.4 450700 453585 20932821
1125 13120.0 13099.4 447861 450700 21401079
77 13038.1 13015.5 445138 447861 21634592
3483 12983.6 12972.2 442855 445138 22337628
21686 13051.0 13095.1 440680 442855 23893522
144 12971.5 12950.0 438604 440680 24124502
91 12892.5 12872.0 436540 438604 24328077
151 12813.1 12793.9 434364 436540 24313084
2124 12744.3 12732.2 432456 434364 23966312
2890 12688.4 12679.5 431274 432456 24609041
17600 12727.3 12763.3 430146 431274 26047345
4 12650.9 12633.6 429345 430146 26145223
2175 12591.1 12581.4 428712 429345 26701093
437 12520.0 12505.9 427937 428712 26984285
646 12448.5 12436.1 427213 427937 26782178
13 12375.7 12362.4 426448 427213 26884225
117 12303.5 12291.6 425993 426448 26835301
1863 12245.2 12239.5 426196 425993 27349135
7716 12223.4 12236.1 426876 426196 28331880
3570 12176.3 12176.8 428947 426876 29009965
23524 12246.6 12307.9 431958 428947 30712323
9418 12233.1 12251.0 434338 431958 31792118 Difer
2322 12176.0 12172.7 437008 434338 31225856
1344 12116.1 12110.6 439136 437008 31622065 600
1787 12057.3 12054.1 441126 439136 31126468
29 11990.4 11982.7 443046 441126 31053314
1 11924.2 11917.4 443270 443046 31053314
35369 12047.2 12148.0 443636 443270 28981534
400
412 11984.4 11978.0 443649 443636 29226998
2021 11928.7 11928.0 443387 443649 28764772
1502 11870.9 11869.5 442521 443387 28380658 200
9662 11855.0 11879.0 441696 442521 27379475
10 11791.9 11787.0 440505 441696 27466823
puncte
5344 11754.3 11766.5 439963 440505 26758481

12579 11763.7 11798.1 439297 439963 27998385 0
12345678910
1113
214
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
4
527 11703.7 11701.7 438368 439297 27799678
2510 11653.5 11658.4 437079 438368 27320902
6149 11621.4 11637.9 435882 437079 26562273 -200
166 11562.7 11561.6 435246 435882 26764274
10460 11561.6 11592.3 434728 435246 27899735
311 11504.7 11504.9 434637 434728 28132098
4526 11471.7 11485.3 434660 434637 28892345 -400
315 11415.7 11417.2 433929 434660 29111528
15418 11431.4 11479.3 433597 433929 27810541
-600
-400
4487 11399.1 11413.7 433235 433597 28569346

-600
33 11342.1 11343.8 433339 433235 28541772
5344 11314.9 11333.3 434033 433339 29362960
7356 11297.9 11322.8 434938 434033 30319670
1037 11248.2 11254.3 436586 434938 30677419
9446 11241.7 11273.9 438863 436586 31758860
6253 11218.9 11241.6 442306 438863 32631285
16916 11248.4 11303.6 445486 442306 34091936
131 11194.6 11198.6 449402 445486 33889047
7142 11175.9 11201.9 454030 449402 34813776
6494 11153.9 11178.2 457338 454030 35686645
11044 11152.8 11191.2 460420 457338 34343233
65 11100.1 11105.4 463746 460420 34175014
1472 11055.0 11065.2 467925 463746 34553588
9243 11046.9 11081.3 472785 467925 35613443
6171 11024.2 11049.4 476450 472785 36456719
8170 11010.9 11042.4 479780 476450 35259131
276 10961.1 10969.0 482756 479780 34970074
413 10912.4 10921.4 485558 482756 34643819
13 10862.4 10870.9 488704 485558 34520560
2464 10824.2 10840.8 491525 488704 35027932
334 10776.5 10787.2 494522 491525 34724620
1065 10732.6 10746.2 496678 494522 35028169
5764 10710.0 10738.5 499083 496678 34048742
1628 10669.4 10685.7 501830 499083 34452322
2563 10633.4 10653.0 505255 501830 34972203
7166 10617.9 10652.0 507738 505255 35892800
6727 10600.7 10633.8 509532 507738 34813422
4236 10572.6 10598.3 511895 509532 33967099
6037 10552.8 10584.4 515691 511895 34810944
26834 10623.5 10718.4 518852 515691 36685069
2101 10586.6 10605.6 521849 518852 36012241
0 10540.8 10553.9 524762 521849 35899390
52 10495.6 10509.5 528114 524762 35880939
3849 10466.7 10492.8 532537 528114 36522442
15059 10485.3 10545.8 536623 532537 37901015
133 10441.4 10456.3 539596 536623 37614302
8664 10434.7 10476.1 541079 539596 36344018
24171 10493.2 10581.8 541469 541079 34382860
19140 10529.4 10601.9 541610 541469 32706275
954 10489.2 10506.0 542366 541610 32311494
9756 10486.5 10530.5 542351 542366 33408400
11847 10491.8 10542.2 542429 542351 32106956
455 10450.4 10466.2 542724 542429 32317747
1650 10414.3 10434.3 542575 542724 32745747
4259 10388.9 10417.3 542591 542575 31960140
1092 10351.1 10370.2 542788 542591 32306151
1290 10314.3 10334.7 543437 542788 32680430
5929 10296.7 10331.6
8630 10289.8 10333.2
10727 10291.1 10340.9
12261 10298.1 10352.6
13250 10308.5 10365.9
13701 10320.2 10378.9
13625 10331.1 10389.4
13036 10339.3 10395.6
11968 10342.9 10395.9
10470 10340.5 10388.9
8612 10331.0 10373.7
testarea efecte GARCH
testare efecte ARCH
SUMMARY OUTPUT et^2=f(et-1^2) SUMMARY OUTPUT

0.226621 Multiple R 0.997775
0.051357 R Square 0.995555
0.047469 Adjusted R 0.995518
24698.82 Standard E 322.8121
246 Observatio 246
ANOVA
df SS MS F Significance F df
1 8.06E+09 8.06E+09 13.20951 0.000339626 Regression 2
244 1.49E+11 6.1E+08 Residual 243
245 1.57E+11 Total 245
Coefficients
Standard Error t Stat P-value Lower 95% Upper 95% Coefficients
8001.685 1700.94 4.704274 4.27E-06 4651.2874 11352.08 Intercept 164.872
0.226558 0.062336 3.634489 0.00034 0.103773502 0.349342 X Variable 0.003094
X Variable 0.9856
SUMMARY OUTPUT et^2=f(et-1^2, et-2^2)
0.240716
0.057944
0.050158
24707.63
245
2 9.09E+09 4.54E+09 7.442466 0.000729937
242 1.48E+11 6.1E+08
244 1.57E+11
Coefficients
7357.079 1780.982 4.130913 4.98E-05 3848.874431 10865.28
0.206933 0.064042 3.231188 0.001404 0.080781423 0.333085
0.084641 0.064037 1.321737 0.187504 -0.04150127 0.210782
SUMMARY OUTPUT disp y t=f( disp y t-1 y2t-1
Multiple R 0.999474
R Square 0.998949
Adjusted R 0.998941
Standard E 7111.648
Observatio 247
ANOVA
Regression 2 1.17E+13 5.87E+12 115982.2 0
Residual 244 1.23E+10 50575532
Total 246 1.17E+13
Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%
Intercept -4832.234 1667.654 -2.897624 0.004102 -8117.068 -1547.4
X Variable 0.978986 0.002466 397.0408 0 0.974129 0.983843
X Variable 0.000665 7.68E-05 8.666475 6.27E-16 0.000514 0.000816
0.979651
Evolutia indicelui BET in perioada 14.11.2004-14.11.2005
7000
6500
6000
puncte
5500
5000
4500
4000
3500
3000
1234567891011 121314151617182920212 232425262728393031323 343536373849404142434 454647485950515253545 565758696061626364656 676879707172737475767 788980818283848586878 9 909192939495969798100
9101
102
103
104
105
10
107
108
6109
110
111
112
113
114
115
116
117
118
119
120
121
1 123
22
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
1 144
43
1 146
45
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
1 167
66
1 169
68
170
171
172
173
174
175
176
177
178
179
180
18
1
y yteo
Diferentele de ordinul 1 ale indicelui BET, in perioada 14.11.2004-14.11.2005
600
400
200
puncte
0
12345678910
1113
214
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
331
032
33
335
436
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
663
264
65
667
668
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
888
789
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
24
22
-200
-400
Corelaţia serială a reziduurilor

600
-600
zile
400
-400
Corelaţia serială a reziduurilor

600
-600
zile
400
200
0
et
-600 -400 -200 0 200 400 600
-200
-400
-600
e t-1
Evolutia indicelui BET in perioada 14.11.2004-14.11.2005
7000
6500
6000
puncte
5500
5000
4500
4000
3500
3000
123456789111
012
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
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77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
23
23
2
zile
regresii auxiliare pt alegerea intre modelele ARCH
et^2=f(disp et) Pagan si Scwhert
fecte GARCH DA!
nu
disp et=f(et-1^2, disp et-1) SUMMARY OUTPUT
Multiple R 0.127179
R Square 0.016174
Adjusted R 0.012159
Standard E 25109.77
Observatio 247
ANOVA
SS MS F Significance F df SS MS
5.67E+09 2.84E+09 27212.47 1.6E-286 Regression 1 2.54E+09 2.54E+09
25322455 104207.6 Residual 245 1.54E+11 6.31E+08
5.7E+09 Total 246 1.57E+11
Standard Error t Stat P-value Lower 95%Upper 95% Coefficients

Standard Error t Stat
50.05546 3.293787 0.001136 66.27407 263.47 Intercept 3186.883 3886.189 0.820054
0.000821 3.7667 0.000208 0.001476 0.004712 X Variable 0.660969 0.329339 2.006957
0.004269 230.8899 1E-286 0.977191 0.994008
4.11.2004-14.11.2005
142
401 144
43
1 146
45
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
1 167
66
1 169
68
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
1 190
89
1 192
91
1 194
93
195
196
197
198
199
200
201
202
203
204
205
206
207
2 209
08
2 10
211
2 213
12
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
2 232
31
2 234
33
2 236
35
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
2 257
56
2 259
58
zile
5
56
198
97
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
.2005
82
1184
83
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
a intre modelele ARCH
F Significance F
4.027875 0.045853
P-value Lower 95%Upper 95%Lower 95.0%Upper 95.0%

0.412983 -4467.714 10841.48 -4467.714 10841.48
0.045853 0.012272 1.309665 0.012272 1.309665
Date BET (EUR) y t-1 fit err up lw 1-Sep
11.11.2005 5789.99
11.10.2005 5716.68 5789.99 5784.326 -67.64556 5580.754 5987.898 103.3542
11.09.2005 5683.85 5716.68 5711.388 -27.5379 5507.816 5914.96 103.3542
11.08.2005 5653.33 5683.85 5678.725 -25.39464 5475.153 5882.297 103.3542
11.07.2005 5722.39 5653.33 5648.36 74.03035 5444.788 5851.932 103.3542
11.04.2005 5684.87 5722.39 5717.069 -32.1989 5513.497 5920.641 103.3542
11.03.2005 5666.3 5684.87 5679.739 -13.43946 5476.167 5883.311 103.3542
11.02.2005 5780 5666.3 5661.264 118.7362 5457.692 5864.836 103.3542
11.01.2005 5684.32 5780 5774.386 -90.0663 5570.814 5977.958 103.3542
10.31.2005 5718.94 5684.32 5679.192 39.74775 5475.62 5882.764 103.3542
10.28.2005 5863.69 5718.94 5713.636 150.0536 5510.064 5917.208 103.3542
10.27.2005 6028.6 5863.69 5857.651 170.9488 5654.079 6061.223 103.3542
10.26.2005 6133.05 6028.6 6021.724 111.32632 5818.152 6225.296 103.3542
10.25.2005 6156.38 6133.05 6125.643 30.73681 5922.071 6329.215 103.3542
10.24.2005 6043.38 6156.38 6148.855 -105.4747 5945.283 6352.427 103.3542
10.21.2005 5990.07 6043.38 6036.429 -46.35861 5832.857 6240.001 103.3542
10.20.2005 5991.61 5990.07 5983.389 8.22063 5779.817 6186.961 103.3542
10.19.2005 6001.02 5991.61 5984.922 16.09845 5781.35 6188.494 103.3542
10.18.2005 6056.82 6001.02 5994.284 62.53624 5790.712 6197.856 103.3542
10.17.2005 5900.08 6056.82 6049.8 -149.7204 5846.228 6253.372 103.3542
10.14.2005 5828.13 5900.08 5893.856 -65.72642 5690.284 6097.428 103.3542
10.13.2005 5900.29 5828.13 5822.272 78.01815 5618.7 6025.844 103.3542
10.12.2005 5991.06 5900.29 5894.065 96.99464 5690.493 6097.637 103.3542
10.11.2005 5913.73 5991.06 5984.374 -70.64434 5780.802 6187.946 103.3542
10.10.2005 5869.61 5913.73 5907.437 -37.8271 5703.865 6111.009 103.3542
10.07.2005 5835.13 5869.61 5863.541 -28.41118 5659.969 6067.113 103.3542
10.06.2005 5918.46 5835.13 5829.236 89.2237 5625.664 6032.808 103.3542
10.05.2005 5892.76 5918.46 5912.143 -19.38307 5708.571 6115.715 103.3542
10.04.2005 5918.44 5892.76 5886.574 31.8664 5683.002 6090.146 103.3542
10.03.2005 5875.42 5918.44 5912.123 -36.70318 5708.551 6115.695 103.3542
09.30.2005 5885.9 5875.42 5869.322 16.57833 5665.75 6072.894 103.3542
09.29.2005 5913.55 5885.9 5879.748 33.80156 5676.176 6083.32 103.3542
09.28.2005 5937.94 5913.55 5907.258 30.68199 5703.686 6110.83 103.3542
09.27.2005 6037.94 5937.94 5931.524 106.4159 5727.952 6135.096 103.3542
09.26.2005 5967.7 6037.94 6031.016 -63.31624 5827.444 6234.588 103.3542
09.23.2005 5878.23 5967.7 5961.133 -82.90299 5757.561 6164.705 103.3542
09.22.2005 5845.94 5878.23 5872.117 -26.1774 5668.545 6075.689 103.3542
09.21.2005 5860.31 5845.94 5839.991 20.3186 5636.419 6043.563 103.3542
09.20.2005 5973.83 5860.31 5854.288 119.5416 5650.716 6057.86 103.3542
09.19.2005 5900.32 5973.83 5967.232 -66.91185 5763.66 6170.804 103.3542
09.16.2005 5821.43 5900.32 5894.095 -72.66521 5690.523 6097.667 103.3542
09.15.2005 5838.83 5821.43 5815.606 23.22412 5612.034 6019.178 103.3542
09.14.2005 5712.38 5838.83 5832.918 -120.5375 5629.345 6036.49 103.3542
09.13.2005 5635.5 5712.38 5707.11 -71.60974 5503.538 5910.682 103.3542
09.12.2005 5538.72 5635.5 5630.62 -91.9002 5427.048 5834.192 103.3542
09.09.2005 5506.33 5538.72 5534.332 -28.00174 5330.76 5737.904 103.3542
09.08.2005 5418.76 5506.33 5502.106 -83.34625 5298.534 5705.678 103.3542
09.07.2005 5342.45 5418.76 5414.981 -72.53101 5211.409 5618.553 103.3542
09.06.2005 5345.03 5342.45 5339.059 5.97142 5135.487 5542.631 103.3542
09.05.2005 5273.57 5345.03 5341.625 -68.05548 5138.053 5545.198 103.3542
09.02.2005 5395.51 5273.57 5270.528 124.9816 5066.956 5474.1 103.3542
09.01.2005 5375.16 5395.51 5391.849 -16.68909 5188.277 5595.421 103.3542
08.31.2005 5303.97 5375.16 5371.602 -67.63245 5168.03 5575.174 103.3542
08.30.2005 5282.02 5303.97 5300.774 -18.75402 5097.202 5504.346 103.3542
08.29.2005 5173.42 5282.02 5278.936 -105.5155 5075.363 5482.508 103.3542
08.26.2005 5153.86 5173.42 5170.887 -17.02707 4967.315 5374.459 103.3542
08.25.2005 5226.94 5153.86 5151.426 75.51358 4947.854 5354.998 103.3542
08.24.2005 5272.54 5226.94 5224.135 48.40475 5020.563 5427.707 103.3542
08.23.2005 5291.35 5272.54 5269.504 21.84635 5065.932 5473.076 103.3542
08.22.2005 5172.86 5291.35 5288.218 -115.3581 5084.646 5491.79 103.3542
08.19.2005 5240.88 5172.86 5170.33 70.55008 4966.758 5373.902 103.3542
08.18.2005 5232.54 5240.88 5238.004 -5.46445 5034.432 5441.576 103.3542
08.17.2005 5327.35 5232.54 5229.707 97.64319 5026.135 5433.279 103.3542
08.16.2005 5363.28 5327.35 5324.035 39.24473 5120.463 5527.607 103.3542
08.15.2005 5406.2 5363.28 5359.783 46.41721 5156.211 5563.355 103.3542
08.12.2005 5383.45 5406.2 5402.485 -19.0348 5198.913 5606.057 103.3542
08.11.2005 5572.55 5383.45 5379.85 192.6997 5176.278 5583.422 103.3542
08.10.2005 5572.55 5572.55 5567.99 4.56008 5364.418 5771.562 103.3542
08.09.2005 5579.11 5572.55 5567.99 11.12008 5364.418 5771.562 103.3542
08.08.2005 5623.35 5579.11 5574.517 48.83339 5370.945 5778.089 103.3542
08.05.2005 5588.01 5623.35 5618.532 -30.52191 5414.96 5822.104 103.3542
08.04.2005 5638.45 5588.01 5583.371 55.0786 5379.799 5786.943 103.3542
08.03.2005 5541.87 5638.45 5633.555 -91.68522 5429.983 5837.127 103.3542
08.02.2005 5386.09 5541.87 5537.466 -151.3757 5333.894 5741.038 103.3542
08.01.2005 5322.77 5386.09 5382.477 -59.70694 5178.905 5586.049 103.3542
07.29.2005 5229.64 5322.77 5319.479 -89.83854 5115.907 5523.051 103.3542
07.28.2005 5180.28 5229.64 5226.822 -46.54154 5023.25 5430.394 103.3542
07.27.2005 5185 5180.28 5177.712 7.28777 4974.14 5381.284 103.3542
07.26.2005 5175.15 5185 5182.408 -7.25826 4978.836 5385.98 103.3542
07.25.2005 5194.64 5175.15 5172.608 22.03171 4969.036 5376.18 103.3542
07.22.2005 5167.31 5194.64 5191.999 -24.6893 4988.427 5395.571 103.3542
07.21.2005 5113.24 5167.31 5164.808 -51.5681 4961.236 5368.38 103.3542
07.20.2005 5103.66 5113.24 5111.013 -7.35272 4907.441 5314.585 103.3542
07.19.2005 4960.75 5103.66 5101.481 -140.7314 4897.909 5305.053 103.3542
07.18.2005 4895.54 4960.75 4959.297 -63.75721 4755.725 5162.869 103.3542
07.15.2005 4930.83 4895.54 4894.418 36.4116 4690.846 5097.99 103.3542
07.14.2005 4932.35 4930.83 4929.529 2.82083 4725.957 5133.101 103.3542
07.13.2005 4911.67 4932.35 4931.041 -19.37145 4727.469 5134.613 103.3542
07.12.2005 4888.1 4911.67 4910.466 -22.36648 4706.894 5114.039 103.3542
07.11.2005 4726.27 4888.1 4887.016 -160.7462 4683.444 5090.588 103.3542
07.08.2005 4651.3 4726.27 4726.008 -74.70811 4522.436 4929.58 103.3542
07.07.2005 4626.13 4651.3 4651.419 -25.28888 4447.847 4854.991 103.3542
07.06.2005 4575.24 4626.13 4626.377 -51.13671 4422.805 4829.949 103.3542
07.05.2005 4575.24 4575.24 4575.745 -0.50518 4372.173 4779.317 103.3542
07.04.2005 4557.13 4575.24 4575.745 -18.61518 4372.173 4779.317 103.3542
06.24.2005 4505.37 4557.13 4557.727 -52.35716 4354.155 4761.299 103.3542
06.23.2005 4536.57 4505.37 4506.23 30.33996 4302.658 4709.802 103.3542
06.22.2005 4511.96 4536.57 4537.272 -25.31158 4333.7 4740.844 103.3542
06.21.2005 4543.1 4511.96 4512.787 30.31343 4309.215 4716.359 103.3542
06.20.2005 4530.02 4543.1 4543.768 -13.74842 4340.196 4747.34 103.3542
06.17.2005 4532.63 4530.02 4530.755 1.87515 4327.183 4734.327 103.3542
06.16.2005 4545.76 4532.63 4533.352 12.40841 4329.78 4736.924 103.3542
06.15.2005 4552.31 4545.76 4546.415 5.89509 4342.843 4749.987 103.3542
06.14.2005 4592.83 4552.31 4552.932 39.89836 4349.36 4756.504 103.3542
06.13.2005 4557.98 4592.83 4593.246 -35.26584 4389.674 4796.818 103.3542
06.10.2005 4541.36 4557.98 4558.573 -17.21284 4355.001 4762.145 103.3542
06.09.2005 4561.15 4541.36 4542.037 19.11275 4338.465 4745.609 103.3542
06.08.2005 4458.18 4561.15 4561.727 -103.5467 4358.155 4765.299 103.3542
06.07.2005 4421.48 4458.18 4459.28 -37.79972 4255.708 4662.852 103.3542
06.06.2005 4364.63 4421.48 4422.766 -58.13612 4219.194 4626.338 103.3542
06.03.2005 4472.68 4364.63 4366.205 106.4752 4162.633 4569.777 103.3542
06.02.2005 4495.41 4472.68 4473.706 21.70393 4270.134 4677.278 103.3542
06.01.2005 4485.49 4495.41 4496.321 -10.83063 4292.749 4699.893 103.3542
05.31.2005 4365.84 4485.49 4486.451 -120.611 4282.879 4690.023 103.3542
05.30.2005 4236.51 4365.84 4367.409 -130.8987 4163.837 4570.981 103.3542
05.27.2005 4502.87 4236.51 4238.736 264.1344 4035.164 4442.308 103.3542
05.26.2005 4579.53 4502.87 4503.743 75.78726 4300.171 4707.315 103.3542
05.25.2005 4694.29 4579.53 4580.013 114.2766 4376.441 4783.585 103.3542
05.24.2005 4736.56 4694.29 4694.191 42.36947 4490.619 4897.763 103.3542
05.23.2005 4744.02 4736.56 4736.246 7.77415 4532.674 4939.818 103.3542
05.20.2005 4776.06 4744.02 4743.668 32.39204 4540.096 4947.24 103.3542
05.19.2005 4703.24 4776.06 4775.545 -72.30523 4571.973 4979.117 103.3542
05.18.2005 4613.23 4703.24 4703.095 -89.86508 4499.523 4906.667 103.3542
05.17.2005 4605.68 4613.23 4613.542 -7.86223 4409.97 4817.114 103.3542
05.16.2005 4566.84 4605.68 4606.031 -39.19058 4402.459 4809.603 103.3542
05.13.2005 4545.75 4566.84 4567.388 -21.63784 4363.816 4770.96 103.3542
05.12.2005 4517.88 4545.75 4546.405 -28.52496 4342.833 4749.977 103.3542
05.11.2005 4535.55 4517.88 4518.677 16.87349 4315.104 4722.249 103.3542
05.10.2005 4611.08 4535.55 4536.257 74.82324 4332.685 4739.829 103.3542
05.09.2005 4697.34 4611.08 4611.403 85.93685 4407.831 4814.975 103.3542
05.06.2005 4725.24 4697.34 4697.225 28.01496 4493.653 4900.797 103.3542
05.05.2005 4678.59 4725.24 4724.983 -46.39334 4521.411 4928.555 103.3542
05.04.2005 4675.13 4678.59 4678.57 -3.44027 4474.998 4882.142 103.3542
05.03.2005 4544.94 4675.13 4675.128 -130.1879 4471.556 4878.7 103.3542
04.29.2005 4442.09 4544.94 4545.599 -103.5091 4342.027 4749.171 103.3542
04.28.2005 4393.65 4442.09 4443.271 -49.62144 4239.699 4646.843 103.3542
04.27.2005 4370.77 4393.65 4395.077 -24.30746 4191.505 4598.649 103.3542
04.26.2005 4394.57 4370.77 4372.314 22.25633 4168.742 4575.886 103.3542
04.25.2005 4319.27 4394.57 4395.993 -76.72279 4192.421 4599.565 103.3542
04.22.2005 4456.18 4319.27 4321.075 135.1048 4117.503 4524.647 103.3542
04.21.2005 4465.13 4456.18 4457.29 7.84012 4253.718 4660.862 103.3542
04.20.2005 4356.14 4465.13 4466.194 -110.0544 4262.622 4669.766 103.3542
04.19.2005 4561.55 4356.14 4357.758 203.792 4154.186 4561.33 103.3542
04.18.2005 4635.73 4561.55 4562.125 73.60529 4358.553 4765.697 103.3542
04.15.2005 4721.05 4635.73 4635.928 85.12204 4432.356 4839.5 103.3542
04.14.2005 4840.24 4721.05 4720.815 119.4254 4517.243 4924.387 103.3542
04.13.2005 4931.92 4840.24 4839.399 92.52073 4635.827 5042.971 103.3542
04.12.2005 4864.97 4931.92 4930.614 -65.64363 4727.042 5134.186 103.3542
04.11.2005 4813.46 4864.97 4864.004 -50.54366 4660.432 5067.576 103.3542
04.08.2005 4772.27 4813.46 4812.755 -40.48528 4609.183 5016.327 103.3542
04.07.2005 4794.68 4772.27 4771.774 22.90552 4568.202 4975.347 103.3542
04.06.2005 4894.03 4794.68 4794.071 99.95934 4590.499 4997.643 103.3542
04.05.2005 4931.23 4894.03 4892.916 38.31393 4689.344 5096.488 103.3542
04.04.2005 4914.97 4931.23 4929.927 -14.95714 4726.355 5133.499 103.3542
04.01.2005 4934.17 4914.97 4913.75 20.42028 4710.178 5117.322 103.3542
03.31.2005 4720.36 4934.17 4932.852 -212.4922 4729.28 5136.424 103.3542
03.30.2005 4489.72 4720.36 4720.128 -230.4081 4516.556 4923.7 103.3542
03.29.2005 4339.77 4489.72 4490.66 -150.8895 4287.088 4694.232 103.3542
03.28.2005 4151.22 4339.77 4341.471 -190.2511 4137.899 4545.043 103.3542
03.25.2005 4663.47 4151.22 4153.879 509.5913 3950.307 4357.451 103.3542
03.24.2005 4760.42 4663.47 4663.527 96.89293 4459.955 4867.099 103.3542
03.23.2005 4742.4 4760.42 4759.985 -17.58467 4556.413 4963.557 103.3542
03.22.2005 4655.71 4742.4 4742.056 -86.34619 4538.484 4945.628 103.3542
03.21.2005 4742 4655.71 4655.806 86.19352 4452.234 4859.379 103.3542
03.18.2005 4791.84 4742 4741.658 50.18178 4538.086 4945.23 103.3542
03.17.2005 4942.59 4791.84 4791.245 151.3449 4587.673 4994.817 103.3542
03.16.2005 5323.81 4942.59 4941.229 382.5806 4737.657 5144.801 103.3542
03.15.2005 5514.5 5323.81 5320.513 193.9868 5116.941 5524.085 103.3542
03.14.2005 5636.72 5514.5 5510.235 126.4853 5306.663 5713.807 103.3542
03.11.2005 5710.15 5636.72 5631.834 78.31599 5428.262 5835.406 103.3542
03.10.2005 5669.1 5710.15 5704.891 -35.79106 5501.319 5908.463 103.3542
03.09.2005 5584.71 5669.1 5664.05 -79.33955 5460.478 5867.622 103.3542
03.08.2005 5547.35 5584.71 5580.088 -32.73816 5376.516 5783.66 103.3542
03.07.2005 5624.78 5547.35 5542.918 81.86209 5339.346 5746.49 103.3542
03.04.2005 5780.65 5624.78 5619.955 160.6954 5416.383 5823.527 103.3542
03.03.2005 5803.58 5780.65 5775.033 28.547 5571.461 5978.605 103.3542
03.02.2005 5849.4 5803.58 5797.847 51.55346 5594.275 6001.419 103.3542
03.01.2005 5887.49 5849.4 5843.434 44.05618 5639.862 6047.006 103.3542
02.28.2005 5734.93 5887.49 5881.33 -146.4004 5677.758 6084.902 103.3542
02.25.2005 5843.52 5734.93 5729.545 113.9748 5525.973 5933.117 103.3542
02.24.2005 6018.16 5843.52 5837.584 180.5763 5634.012 6041.156 103.3542
02.23.2005 5950.25 6018.16 6011.337 -61.08671 5807.765 6214.909 103.3542
02.22.2005 5785.99 5950.25 5943.772 -157.7816 5740.2 6147.344 103.3542
02.21.2005 5843.22 5785.99 5780.346 62.87412 5576.774 5983.918 103.3542
02.18.2005 5636.07 5843.22 5837.285 -201.2152 5633.713 6040.857 103.3542
02.17.2005 5329.09 5636.07 5631.187 -302.0973 5427.615 5834.759 103.3542
02.16.2005 5408.29 5329.09 5325.766 82.52356 5122.194 5529.338 103.3542
02.15.2005 5544.29 5408.29 5404.564 139.7258 5200.992 5608.136 103.3542
02.14.2005 5730.05 5544.29 5539.873 190.1766 5336.301 5743.445 103.3542
02.11.2005 5361.54 5730.05 5724.69 -363.15 5521.118 5928.262 103.3542
02.10.2005 5166.78 5361.54 5358.052 -191.2716 5154.48 5561.624 103.3542
02.09.2005 4850.19 5166.78 5164.281 -314.0908 4960.709 5367.853 103.3542
02.08.2005 5121.05 4850.19 4849.299 271.7513 4645.727 5052.871 103.3542
02.07.2005 5305.97 5121.05 5118.783 187.1869 4915.211 5322.355 103.3542
02.04.2005 5268.16 5305.97 5302.764 -34.60386 5099.192 5506.336 103.3542
02.03.2005 5318.98 5268.16 5265.146 53.8341 5061.574 5468.718 103.3542
02.02.2005 5222.8 5318.98 5315.708 -92.90778 5112.136 5519.28 103.3542
02.01.2005 5106.49 5222.8 5220.016 -113.5263 5016.444 5423.588 103.3542
01.31.2005 5048.36 5106.49 5104.297 -55.937 4900.725 5307.869 103.3542
01.28.2005 5060.58 5048.36 5046.462 14.11776 4842.89 5250.034 103.3542
01.27.2005 5042.36 5060.58 5058.62 -16.26018 4855.048 5262.192 103.3542
01.26.2005 5097.49 5042.36 5040.493 56.99728 4836.921 5244.065 103.3542
01.25.2005 5181.32 5097.49 5095.343 85.97729 4891.771 5298.915 103.3542
01.24.2005 5202.56 5181.32 5178.747 23.81305 4975.175 5382.319 103.3542
01.21.2005 4927.18 5202.56 5199.879 -272.6991 4996.307 5403.451 103.3542
01.20.2005 4813.87 4927.18 4925.898 -112.0277 4722.326 5129.47 103.3542
01.19.2005 4896.03 4813.87 4813.163 82.8668 4609.591 5016.735 103.3542
01.18.2005 4762.24 4896.03 4894.906 -132.6659 4691.334 5098.478 103.3542
01.17.2005 4607.79 4762.24 4761.795 -154.0054 4558.223 4965.367 103.3542
01.14.2005 4537.57 4607.79 4608.13 -70.55986 4404.558 4811.702 103.3542
01.13.2005 4461.64 4537.57 4538.267 -76.6265 4334.694 4741.839 103.3542
01.12.2005 4371.11 4461.64 4462.722 -91.61215 4259.15 4666.294 103.3542
01.11.2005 4404.8 4371.11 4372.652 32.14806 4169.08 4576.224 103.3542
01.10.2005 4476.58 4404.8 4406.171 70.40917 4202.599 4609.743 103.3542
01.07.2005 4412.31 4476.58 4477.586 -65.27627 4274.014 4681.158 103.3542
01.06.2005 4346.8 4412.31 4413.643 -66.84269 4210.071 4617.215 103.3542
01.05.2005 4323.2 4346.8 4348.465 -25.26541 4144.893 4552.037 103.3542
01.04.2005 4122.77 4323.2 4324.985 -202.2153 4121.413 4528.557 103.3542
01.03.2005 3945.38 4122.77 4125.573 -180.1932 3922.001 4329.145 103.3542
12.24.2004 3781.83 3945.38 3949.084 -167.2542 3745.512 4152.656 103.3542
12.23.2004 3810.81 3781.83 3786.365 24.44515 3582.793 3989.937 103.3542
12.22.2004 3838.46 3810.81 3815.198 23.26234 3611.626 4018.77 103.3542
12.21.2004 3800.84 3838.46 3842.707 -41.86723 3639.135 4046.279 103.3542
12.20.2004 3794.29 3800.84 3805.278 -10.9883 3601.706 4008.85 103.3542
12.17.2004 3730.76 3794.29 3798.762 -68.00156 3595.19 4002.334 103.3542
12.16.2004 3696.74 3730.76 3735.554 -38.81423 3531.982 3939.126 103.3542
12.15.2004 3659.59 3696.74 3701.707 -42.11701 3498.135 3905.279 103.3542
12.14.2004 3643.88 3659.59 3664.746 -20.86569 3461.174 3868.318 103.3542
12.13.2004 3618.36 3643.88 3649.115 -30.75548 3445.543 3852.688 103.3542
12.10.2004 3600.39 3618.36 3623.725 -23.3351 3420.153 3827.297 103.3542
12.09.2004 3594.11 3600.39 3605.846 -11.73637 3402.274 3809.418 103.3542
12.08.2004 3566.09 3594.11 3599.598 -33.50826 3396.026 3803.17 103.3542
12.07.2004 3549.05 3566.09 3571.721 -22.67057 3368.149 3775.293 103.3542
12.06.2004 3569.86 3549.05 3554.767 15.09288 3351.195 3758.339 103.3542
12.03.2004 3623.48 3569.86 3575.471 48.00858 3371.899 3779.043 103.3542
12.02.2004 3535.91 3623.48 3628.819 -92.90909 3425.247 3832.391 103.3542
11.30.2004 3449.25 3535.91 3541.694 -92.44385 3338.122 3745.266 103.3542
11.29.2004 3442.89 3449.25 3455.474 -12.58399 3251.902 3659.046 103.3542
11.26.2004 3383 3442.89 3449.146 -66.1463 3245.574 3652.718 103.3542
11.25.2004 3355.35 3383 3389.56 -34.21047 3185.988 3593.132 103.3542
11.24.2004 3365.95 3355.35 3362.051 3.8991 3158.479 3565.623 103.3542
11.23.2004 3335.56 3365.95 3372.597 -37.03707 3169.025 3576.169 103.3542
11.22.2004 3279.41 3335.56 3342.361 -62.95142 3138.789 3545.933 103.3542
11.19.2004 3248.57 3279.41 3286.497 -37.9266 3082.925 3490.069 103.3542
11.18.2004 3234.2 3248.57 3255.813 -21.61323 3052.241 3459.385 103.3542
11.17.2004 3261.72 3234.2 3241.516 20.20379 3037.944 3445.088 103.3542
11.16.2004 3252.74 3261.72 3268.896 -16.15644 3065.324 3472.468 103.3542
11.15.2004 3207.47 3252.74 3259.962 -52.49205 3056.39 3463.534 103.3542
3214.922 . 3011.35 3418.494 103.3542
3222.336 . 2934.948 3509.724 145.9079
3229.713 . 2878.353 3581.072 178.3863
3237.052 . 2832.048 3642.056 205.6219
Evolutia si ajustarea indicelui
7000
6500
6000
5500
5000
4500
4000
3500
3000
2500
12345678910
111
21
31
41
51
61
71
82
92
02
122
32
42
52
62
72
83
93
03
13
233
43
53
63
73
84
94
04
14
24
344
54
64
74
85
95
05
15
25
35
455
65
75
86
96
06
16
26
36
46
566
76
87
97
07
17
27
37
47
57
677
88
98
08
18
28
38
48
58
68
7899
09
19
29
39
49
59
69
79
8100
9101
102
103
104
105
106
107
108
109
110
111
112
111
y yt
ia si ajustarea indicelui BET in perioada 14.11-2004-14.11.2005
7
47
57
677
88
98
08
18
28
38
48
58
68
7899
09
19
29
39
49
59
69
79
8100
9101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
y yt lim.inf. lim.sup.
Value Issues Issues
Date BET-FI (EUR) (EUR)
BET (EUR)BET-C (EUR) Trades Shares traded advances
11.11.2005 5789.99 2721.46 22645.65 7,658,307.73 4201 38,727,376 53 29
11.10.2005 5716.68 2692.33 22379.03 6,568,128.03 3992 36,236,361 52 19
11.09.2005 5683.85 2672.12 21924.31 5,504,164.43 4189 32,710,917 52 27
11.08.2005 5653.33 2653.69 21713 8,594,148.98 4524 60,493,842 55 21
11.07.2005 5722.39 2695.81 21456.48 7,587,762.34 3864 104,178,341 52 12
11.04.2005 5684.87 2665.94 21788.87 7,718,998.19 4088 97,958,395 48 25
11.03.2005 5666.3 2656.87 21595.35 11,923,994.40 5734 148,458,748 50 10
11.02.2005 5780 2698.99 22045.09 13,904,321.78 5929 88,119,220 59 32
11.01.2005 5684.32 2656.5 20866.93 13,768,960.87 6056 119,374,372 50 10
10.31.2005 5718.94 2669.9 21638.13 13,198,744.97 5940 113,084,108 54 16
10.28.2005 5863.69 2718.18 22165.85 14,412,008.49 6142 88,775,382 49 6
10.27.2005 6028.6 2789.77 22790.77 14,482,063.18 6303 115,380,113 49 11
10.26.2005 6133.05 2827.5 23136.65 13,798,149.86 6238 95,013,278 47 15
10.25.2005 6156.38 2845.77 23147.41 14,036,092.86 5690 92,695,283 52 25
10.24.2005 6043.38 2804.78 22836.99 11,630,072.67 5062 46,975,209 59 27
10.21.2005 5990.07 2783.21 22048.59 9,121,179.05 4611 45,648,297 52 20
10.20.2005 5991.61 2785.36 22185.37 19,737,017.23 5571 315,476,256 60 27
10.19.2005 6001.02 2799.09 21891.08 20,930,639.94 6422 97,939,726 53 14
10.18.2005 6056.82 2823 22434.92 15,457,521.74 6496 80,648,535 54 24
10.17.2005 5900.08 2773.05 21262.07 18,496,972.08 5170 272,349,486 45 21
10.14.2005 5828.13 2746.05 20638.04 9,828,606.41 4565 55,808,312 51 17
10.13.2005 5900.29 2769.59 20697.86 13,163,577.51 4888 92,680,552 57 17
10.12.2005 5991.06 2809.41 21096.49 12,445,774.20 5081 133,281,263 53 31
10.11.2005 5913.73 2782.52 20767.84 11,371,298.64 4524 55,633,848 54 25
10.10.2005 5869.61 2769.71 20589.61 5,435,696.75 3699 37,532,591 50 21
10.07.2005 5835.13 2762.73 20473.04 9,936,762.96 4247 51,274,022 55 14
10.06.2005 5918.46 2795.6 20910.34 15,137,675.75 5423 95,760,362 55 30
10.05.2005 5892.76 2794.15 20403.84 8,755,645.62 4007 25,936,230 47 25
10.04.2005 5918.44 2806.32 20193.94 6,305,214.58 3484 41,027,605 52 30
10.03.2005 5875.42 2790.38 20074.87 6,256,223.37 3386 35,766,070 53 16
09.30.2005 5885.9 2783.69 20153.99 6,820,500.87 4270 55,232,305 49 25
09.29.2005 5913.55 2797.5 19994.55 8,313,917.47 4689 52,299,528 60 13
09.28.2005 5937.94 2813.3 20267.23 9,275,587.40 5225 55,851,921 56 19
09.27.2005 6037.94 2867.8 20538.98 11,159,958.10 5400 81,511,899 54 15
09.26.2005 5967.7 2842.17 20704.87 13,180,625.04 5011 71,289,881 59 33
09.23.2005 5878.23 2805.63 20208.43 8,481,434.51 4491 50,683,209 53 39
09.22.2005 5845.94 2800.58 20114.42 5,027,266.00 3834 58,017,853 52 23
09.21.2005 5860.31 2810.56 20092.09 11,882,737.22 5792 106,514,905 55 20
09.20.2005 5973.83 2852 20439.44 11,898,269.53 5337 96,593,524 52 31
09.19.2005 5900.32 2819.93 20223.89 6,149,531.28 3751 52,717,304 44 28
09.16.2005 5821.43 2781.31 20023.52 9,122,961.30 5056 76,863,385 53 17
09.15.2005 5838.83 2777.08 20104.96 11,188,951.61 6018 96,535,061 52 32
09.14.2005 5712.38 2704.23 20345.26 11,522,570.48 5312 73,098,320 53 35
09.13.2005 5635.5 2681.63 20060.61 11,836,802.12 5363 140,021,785 52 30
09.12.2005 5538.72 2647.39 19917 10,157,359.10 4032 46,672,136 53 30
09.09.2005 5506.33 2636.02 19728.93 9,973,869.12 4515 78,779,362 45 31
09.08.2005 5418.76 2602.6 19244.37 7,403,665.30 3965 33,214,241 46 27
09.07.2005 5342.45 2580.78 18691.13 4,057,458.42 3436 25,846,583 44 22
09.06.2005 5345.03 2582.33 18552.96 4,187,801.40 3479 38,737,070 48 21
09.05.2005 5273.57 2550.75 18410.55 3,799,382.29 2909 39,928,015 46 7
09.02.2005 5395.51 2605.97 18821.49 5,275,076.61 3295 71,113,868 49 27
09.01.2005 5375.16 2595.58 18493.13 5,492,573.73 3522 32,439,770 46 30
08.31.2005 5303.97 2565.08 17911.8 6,347,051.27 3584 47,019,125 50 17
08.30.2005 5282.02 2552.69 17904.34 4,132,388.22 3865 26,362,905 51 34
08.29.2005 5173.42 2497.31 17267.82 4,767,839.00 3392 31,192,786 44 10
08.26.2005 5153.86 2497.78 17826.47 4,721,254.09 3022 21,568,465 46 13
08.25.2005 5226.94 2526.23 18299.73 3,415,745.71 2949 22,926,170 51 13
08.24.2005 5272.54 2551.81 18676.51 5,729,082.23 3398 37,567,830 51 16
08.23.2005 5291.35 2554.89 18673.37 11,638,873.89 4263 71,943,840 46 20
08.22.2005 5172.86 2490.11 18447.13 4,100,662.21 3186 26,210,792 49 10
08.19.2005 5240.88 2517.86 18915.07 4,971,155.92 2900 24,968,280 48 13
08.18.2005 5232.54 2513.83 19079.61 4,781,983.63 3426 27,520,589 49 11
08.17.2005 5327.35 2557.36 19097.56 5,439,864.09 3733 42,130,790 53 18
08.16.2005 5363.28 2560.06 19327.48 7,462,647.52 3843 36,290,419 52 19
08.15.2005 5406.2 2595.19 19290.01 8,215,895.11 3933 50,813,579 50 22
08.12.2005 5383.45 2588.5 19350.99 3,662,503.99 2885 19,226,335 50 23
08.11.2005 5572.55 2674.21 20137.66 6,809,852.79 4060 41,268,323 50 19
08.10.2005 5572.55 2674.21 20137.66 6,147,067.03 3642 28,150,670 48 12
08.09.2005 5579.11 2675.22 20102.78 6,312,380.05 4093 54,579,763 52 13
08.08.2005 5623.35 2695.58 20272.64 7,582,965.70 4154 34,865,852 53 28
08.05.2005 5588.01 2678.54 19758.17 16,579,945.78 5895 100,734,384 55 11
08.04.2005 5638.45 2701.72 20893.12 43,274,801.45 8712 170,798,850 49 31
08.03.2005 5541.87 2664.76 18795.99 7,067,608.06 2835 37,727,359 46 28
08.02.2005 5386.09 2592.36 18696.54 9,166,742.15 4775 42,107,480 53 31
08.01.2005 5322.77 2564.85 18200.16 4,800,893.02 3692 25,267,905 48 30
07.29.2005 5229.64 2527.16 17588.76 9,152,793.88 4919 45,471,632 45 24
07.28.2005 5180.28 2509.62 16296.52 4,932,211.30 3528 83,089,770 48 9
07.27.2005 5185 2518.03 16352.65 4,070,456.86 3002 29,854,673 48 21
07.26.2005 5175.15 2506.16 15959.5 3,401,451.71 3585 30,769,247 47 19
07.25.2005 5194.64 2510.53 16244.05 2,635,843.94 3291 28,783,299 44 15
07.22.2005 5167.31 2509.91 16308.94 5,060,452.07 3671 48,970,642 46 17
07.21.2005 5113.24 2496.94 16396.97 7,683,199.80 5420 71,900,797 48 24
07.20.2005 5103.66 2494.42 16580.88 7,168,038.44 5077 70,600,600 49 37
07.19.2005 4960.75 2425.49 16089.03 8,459,853.88 3978 55,749,819 45 25
07.18.2005 4895.54 2391.21 15853.67 7,006,668.27 5056 39,866,366 47 17
07.15.2005 4930.83 2401.45 15123.61 4,157,895.45 4173 32,737,703 42 26
07.14.2005 4932.35 2397.62 14551.38 3,665,256.35 3222 34,747,248 42 24
07.13.2005 4911.67 2384.04 14098.56 4,621,352.71 3653 64,067,284 44 13
07.12.2005 4888.1 2385.03 14524.17 3,097,415.71 3278 40,456,840 46 30
07.11.2005 4726.27 2338.95 14018.46 3,995,502.01 2774 38,200,771 43 21
07.08.2005 4651.3 2321.14 13850.37 4,693,178.52 3807 44,237,845 45 12
07.07.2005 4626.13 2304.13 14184.94 3,008,215.23 3206 24,519,990 40 9
07.06.2005 4575.24 2283.34 14577.43 1,237,533.28 1917 9,755,844 34 16
07.05.2005 4575.24 2283.34 14577.43 1,748,966.94 2727 13,692,157 40 21
07.04.2005 4557.13 2262.48 14661.23 1,991,659.08 3943 13,969,514 39 16
06.24.2005 4505.37 2249.91 14664.32 16,397,838.78 4342 45,044,521 52 19
06.23.2005 4536.57 2258.79 14489.85 1,531,584.33 2671 14,662,419 41 24
06.22.2005 4511.96 2245.01 14340 3,853,924.25 3224 23,626,528 40 10
06.21.2005 4543.1 2257.45 14374.55 2,261,380.91 3217 22,910,002 46 12
06.20.2005 4530.02 2257.71 14402.17 1,559,319.92 2510 15,165,107 45 13
06.17.2005 4532.63 2263.2 14449.03 3,758,561.48 3053 23,005,368 46 6
06.16.2005 4545.76 2270.46 14548.16 3,224,299.17 3328 23,833,430 45 13
06.15.2005 4552.31 2271.33 14526.97 4,097,447.41 3832 26,460,376 44 18
06.14.2005 4592.83 2284.94 14318.28 2,504,771.07 2898 17,892,283 48 16
06.13.2005 4557.98 2280.22 14224.81 2,433,121.39 2709 16,494,856 42 20
06.10.2005 4541.36 2276.77 14310.36 2,104,117.72 2842 16,363,147 41 22
06.09.2005 4561.15 2284.71 14016.93 4,522,869.40 3351 55,110,346 48 23
06.08.2005 4458.18 2244.47 13913.62 3,422,455.41 2952 33,630,264 46 16
06.07.2005 4421.48 2225.66 13902.19 2,272,231.20 2731 23,776,906 45 21
06.06.2005 4364.63 2196.71 13807.27 2,216,422.85 2316 20,558,503 49 8
06.03.2005 4472.68 2238.48 14028.79 2,330,910.96 2369 75,903,236 42 14
06.02.2005 4495.41 2228.84 14170.81 2,923,508.46 2918 38,668,985 43 16
06.01.2005 4485.49 2224.64 14183.64 2,832,012.66 3229 40,379,839 50 30
05.31.2005 4365.84 2177.11 13672.31 4,057,623.75 4117 70,352,577 49 29
05.30.2005 4236.51 2130.16 13429.41 3,321,557.33 3325 55,785,037 49 9
05.27.2005 4502.87 2238.31 13842.13 5,415,544.34 4053 27,185,114 54 8
05.26.2005 4579.53 2267.02 14102.37 4,067,924.22 3219 46,701,368 49 8
05.25.2005 4694.29 2326.02 14498.77 2,352,776.60 2609 15,607,554 51 15
05.24.2005 4736.56 2344.32 14478.64 2,837,144.76 2897 16,279,515 47 9
05.23.2005 4744.02 2350.06 14700.44 8,599,383.32 3869 38,582,333 49 11
05.20.2005 4776.06 2364.58 15631.75 12,679,122.77 5739 66,510,300 51 31
05.19.2005 4703.24 2320.87 15240.13 6,287,728.01 4251 39,543,659 57 34
05.18.2005 4613.23 2290.91 14559.54 6,252,292.56 4182 40,392,792 49 25
05.17.2005 4605.68 2289.94 13929.83 4,775,644.37 2940 35,481,411 46 21
05.16.2005 4566.84 2273.02 13811.96 3,591,394.21 2492 18,284,559 51 23
05.13.2005 4545.75 2264 13505.61 3,944,222.16 2888 26,755,356 50 23
05.12.2005 4517.88 2249.99 13465.37 3,694,662.56 2405 18,584,597 51 16
05.11.2005 4535.55 2258.53 13700.53 3,441,825.66 3061 29,039,821 45 11
05.10.2005 4611.08 2291.34 13983.68 3,897,355.86 2977 28,638,895 53 17
05.09.2005 4697.34 2327.1 13967.92 3,524,033.57 3261 23,936,449 50 16
05.06.2005 4725.24 2338.44 13877.9 3,032,724.82 2632 18,702,194 48 24
05.05.2005 4678.59 2317.96 14067.12 5,432,450.48 3815 55,892,333 42 20
05.04.2005 4675.13 2311.52 14333.77 5,527,358.25 3402 71,294,324 39 30
05.03.2005 4544.94 2253.62 14175.08 2,855,665.22 2315 27,951,828 40 24
04.29.2005 4442.09 2205.08 13765.31 3,254,329.00 2702 35,866,987 39 19
04.28.2005 4393.65 2192.57 13537.36 3,845,581.63 3685 14,987,664 30 18
04.27.2005 4370.77 2185.01 13021.84 3,537,986.86 2724 13,563,139 32 11
04.26.2005 4394.57 2184.57 13249.65 5,464,873.84 2589 81,584,612 34 12
04.25.2005 4319.27 2144.28 13259.17 3,590,870.61 2130 41,683,356 33 13
04.22.2005 4456.18 2211.21 13325.42 4,583,461.65 2139 59,390,936 38 13
04.21.2005 4465.13 2205.64 13255.51 3,881,663.06 3142 32,075,558 44 20
04.20.2005 4356.14 2151.97 13085.3 5,509,839.11 3441 34,584,531 46 3
04.19.2005 4561.55 2242.89 13857.65 5,735,457.50 3702 38,890,368 54 14
04.18.2005 4635.73 2278.41 13931.5 5,773,020.33 3362 39,275,462 52 13
04.15.2005 4721.05 2325.53 14117.92 11,304,964.50 5198 154,006,807 46 11
04.14.2005 4840.24 2379.32 14223.87 5,341,640.29 3713 40,468,959 48 10
04.13.2005 4931.92 2426.2 14835.73 6,602,223.07 4432 68,398,435 48 23
04.12.2005 4864.97 2396.47 13832.14 2,674,669.79 3356 31,211,229 47 20
04.11.2005 4813.46 2370.48 13609.3 3,049,078.31 2752 30,258,232 38 18
04.08.2005 4772.27 2351.29 13216.39 4,315,679.15 3364 43,081,561 47 18
04.07.2005 4794.68 2362.01 13151.6 5,637,304.88 4155 44,655,347 53 13
04.06.2005 4894.03 2403.99 13214.83 2,899,455.48 3212 14,813,076 45 12
04.05.2005 4931.23 2422.81 13598.36 6,542,594.49 4769 59,514,631 50 14
04.04.2005 4914.97 2421.57 13759.52 7,131,127.67 4672 56,855,000 51 21
04.01.2005 4934.17 2413.66 13271.56 7,018,800.87 5011 78,758,761 51 34
03.31.2005 4720.36 2319.05 12526.79 7,534,227.10 6307 145,060,528 53 27
03.30.2005 4489.72 2219.78 12598.2 7,061,127.91 5209 38,538,253 58 38
03.29.2005 4339.77 2154.02 12106.53 7,314,650.44 5078 35,582,335 50 22
03.28.2005 4151.22 2086.23 11943.11 6,358,412.44 4834 59,685,999 51 2
03.25.2005 4663.47 2306.13 13477.03 3,594,231.68 3834 23,896,166 53 12
03.24.2005 4760.42 2355.19 13888.48 8,168,567.24 5243 30,141,678 48 12
03.23.2005 4742.4 2372.51 14023.8 6,294,913.93 4947 122,326,645 57 24
03.22.2005 4655.71 2340.56 13960.48 4,430,846.90 5515 49,983,683 61 8
03.21.2005 4742 2387.16 14303.86 10,881,085.72 8602 123,523,175 52 25
03.18.2005 4791.84 2394.94 13978.45 17,015,998.26 8771 206,994,827 56 19
03.17.2005 4942.59 2441.96 13950.54 10,414,553.37 6048 89,614,673 59 4
03.16.2005 5323.81 2632.81 14938.17 6,860,928.68 6736 44,877,353 51 4
03.15.2005 5514.5 2725.17 15351.18 6,961,006.78 6628 57,750,528 55 6
03.14.2005 5636.72 2782.41 16100.5 3,712,654.73 7016 21,489,028 52 17
03.11.2005 5710.15 2818.23 16010.63 2,287,528.95 2441 22,198,569 55 25
03.10.2005 5669.1 2789.64 15920.62 7,203,910.78 3946 112,758,482 50 30
03.09.2005 5584.71 2738.5 15965.72 6,444,482.88 3257 50,080,910 51 19
03.08.2005 5547.35 2724.29 16015.09 11,517,282.52 6624 128,989,451 52 4
03.07.2005 5624.78 2762.84 17163.81 6,826,754.66 4669 73,482,521 57 8
03.04.2005 5780.65 2830.05 17345.37 9,091,623.66 3983 170,924,066 49 8
03.03.2005 5803.58 2842.33 17573.59 7,386,996.81 4091 123,503,315 51 9
03.02.2005 5849.4 2860.43 18261.4 3,554,483.43 3073 54,274,633 51 17
03.01.2005 5887.49 2880.04 18406.42 5,559,857.77 4672 46,042,037 56 21
02.28.2005 5734.93 2821.31 18266.49 12,235,879.70 5287 190,664,403 57 11
02.25.2005 5843.52 2876.89 18804.93 14,615,779.03 6245 209,781,903 61 16
02.24.2005 6018.16 2948.91 19046.18 21,969,891.93 7198 260,084,957 63 21
02.23.2005 5950.25 2933.56 18409.16 13,488,780.14 6584 119,824,439 62 25
02.22.2005 5785.99 2866.16 18196 11,181,251.39 6486 87,937,238 63 28
02.21.2005 5843.22 2883.12 17991.05 10,963,593.15 6305 96,506,433 57 23
02.18.2005 5636.07 2793.85 18181.58 2,729,191.74 2031 7,785,542 30 9
02.17.2005 5329.09 2646.52 17254.38 12,611,177.04 6669 36,723,304 33 9
02.16.2005 5408.29 2675.05 17141.9 9,413,475.51 4115 29,431,427 29 9
02.15.2005 5544.29 2748.33 17181.25 13,657,762.37 6973 112,689,484 65 19
02.14.2005 5730.05 2823.58 18265.73 26,248,157.50 8210 175,217,301 64 38
02.11.2005 5361.54 2670.69 16250.38 8,315,564.39 3857 72,428,426 63 29
02.10.2005 5166.78 2584.02 16055.17 19,191,622.99 8286 112,668,010 60 49
02.09.2005 4850.19 2537.53 14527.37 20,577,367.63 7578 130,643,955 62 2
02.08.2005 5121.05 2550.72 15082.13 9,324,561.70 4693 77,306,387 63 7
02.07.2005 5305.97 2631.68 14957.54 9,474,408.44 5673 56,815,238 63 20
02.04.2005 5268.16 2637.1 14975.86 17,874,061.57 7425 128,441,337 61 21
02.03.2005 5318.98 2658.64 15249.69 13,287,284.10 5732 51,512,931 66 37
02.02.2005 5222.8 2615.74 14343.64 8,940,047.66 5947 76,487,821 66 51
02.01.2005 5106.49 2559.22 13487.89 7,495,720.83 5253 54,399,141 66 44
01.31.2005 5048.36 2530.34 13045.04 7,145,448.97 4605 61,261,759 72 31
01.28.2005 5060.58 2529.56 12749.75 4,975,374.72 4564 41,958,813 56 33
01.27.2005 5042.36 2517.98 12614.75 9,501,053.20 5802 76,754,101 59 16
01.26.2005 5097.49 2546.67 12327.14 13,633,612.88 5819 263,270,753 61 16
01.25.2005 5181.32 2589.84 12626.05 11,573,863.40 7329 118,067,938 69 30
01.24.2005 5202.56 2590.53 12363.7 17,987,364.24 6220 153,717,126 68 52
01.21.2005 4927.18 2463.2 11624.8 17,432,910.15 5912 243,121,261 55 34
01.20.2005 4813.87 2420.7 11495.15 18,463,952.97 7086 174,061,839 56 23
01.19.2005 4896.03 2458.97 11811.17 11,371,327.96 5731 104,624,829 54 35
01.18.2005 4762.24 2406.4 11333.69 11,631,278.67 5629 177,472,889 63 42
01.17.2005 4607.79 2323.89 10931.7 8,908,767.52 5371 92,938,808 53 30
01.14.2005 4537.57 2288.16 10918.07 7,374,608.74 3711 153,961,981 52 32
01.13.2005 4461.64 2256.27 10849.95 5,828,201.78 3704 42,772,686 54 38
01.12.2005 4371.11 2221.54 10715.15 8,688,780.63 4102 64,117,345 58 16
01.11.2005 4404.8 2229.69 11078.86 7,771,529.79 4908 74,876,300 50 25
01.10.2005 4476.58 2249.72 10820.84 7,463,147.79 4292 83,334,720 52 36
01.07.2005 4412.31 2225.47 10322.72 5,710,645.70 3761 79,541,312 51 30
01.06.2005 4346.8 2189.26 10308.32 7,389,921.20 4425 93,844,743 53 27
01.05.2005 4323.2 2165.47 10292.21 7,929,387.98 4601 94,528,878 53 41
01.04.2005 4122.77 2058.8 9914.09 14,230,322.18 4418 332,542,101 49 27
01.03.2005 3945.38 1984.19 10065.37 5,671,130.06 2760 88,539,209 45 36
12.24.2004 3781.83 1918.28 9330.57 4,177,622.26 1673 53,103,988 48 19
12.23.2004 3810.81 1948.47 9417.42 4,222,006.59 2941 41,292,658 61 21
12.22.2004 3838.46 1968.54 9284.73 4,606,830.03 3520 40,998,433 67 26
12.21.2004 3800.84 1948.23 8952.68 11,563,988.78 3494 125,775,747 63 19
12.20.2004 3794.29 1947.62 8991.9 2,779,322.54 2723 32,894,583 54 29
12.17.2004 3730.76 1917.79 8826.35 8,859,562.04 3491 101,705,691 50 24
12.16.2004 3696.74 1892.37 8630.9 9,154,653.40 3565 282,148,172 54 27
12.15.2004 3659.59 1872.98 8342.79 3,288,187.79 3530 69,752,255 58 25
12.14.2004 3643.88 1857.23 8285.97 3,577,650.60 3062 69,395,997 56 18
12.13.2004 3618.36 1848.2 8313.57 4,911,241.47 2977 110,054,460 57 21
12.10.2004 3600.39 1852.24 8425.38 3,011,436.41 3116 46,099,213 55 20
12.09.2004 3594.11 1851.21 8505.15 3,983,994.36 3305 83,454,346 55 22
12.08.2004 3566.09 1841.81 8422.21 2,840,011.35 2644 28,195,966 54 18
12.07.2004 3549.05 1832.32 8371.25 2,128,190.89 2632 19,236,360 58 11
12.06.2004 3569.86 1850.4 8423.24 2,627,188.05 2605 30,924,908 58 20
12.03.2004 3623.48 1878.03 8645.29 3,537,594.64 3409 62,751,902 59 20
12.02.2004 3535.91 1846.18 8512.84 4,766,825.34 3411 100,043,038 54 28
11.30.2004 3449.25 1771.98 8397.83 4,152,629.16 2974 37,422,170 60 15
11.29.2004 3442.89 1996.32 8412.31 2,830,426.62 2073 27,772,092 57 26
11.26.2004 3383 1741.33 8354.08 2,962,983.69 2551 19,608,156 52 28
11.25.2004 3355.35 1726.76 8438.91 3,385,199.23 2778 97,345,296 54 26
11.24.2004 3365.95 1728.35 8393.63 4,663,742.46 3900 49,490,972 58 24
11.23.2004 3335.56 1716.02 8450.08 3,376,669.05 3644 34,566,490 56 36
11.22.2004 3279.41 1694.24 8365.17 2,020,983.98 1715 19,995,383 43 19
11.19.2004 3248.57 1681.09 8356.4 4,207,637.53 2571 42,720,757 54 20
11.18.2004 3234.2 1674.15 8318.12 3,061,237.10 2953 62,508,194 56 16
11.17.2004 3261.72 1683.95 8416.07 5,996,962.61 3604 79,982,653 61 24
11.16.2004 3252.74 1668.18 8423.38 2,323,739.30 3002 40,802,480 53 25
11.15.2004 3207.47 1638.42 8337.57 2,657,417.15 2690 18,653,620 56 23
TOTAL - 2004* 121,675,934.42 86,553 1,828,695,980
Issues
Issues unchange Market Capitalization
declines s (EUR) RON/USD RON/EUR
14 10 14,065,046,153.56 3.0967 3.6255
24 9 13,952,730,390.10 3.0809 3.6276
12 13 13,861,613,278.90 3.12 3.6683
25 9 13,744,117,969.32 3.1384 3.6834
30 10 14,193,120,216.83 3.1211 3.6901
16 7 13,739,442,823.93 3.0697 3.6663
35 5 13,664,497,541.80 3.0329 3.6591
15 12 13,872,539,995.42 3.042 3.656
33 7 13,490,235,162.61 3.0477 3.6594
32 6 13,649,461,178.67 3.0259 3.6503
35 8 13,679,952,843.47 2.9842 3.6255
31 7 14,151,573,753.19 2.9854 3.6184
24 8 14,309,178,180.24 2.988 3.6055
17 10 14,400,427,751.19 2.9984 3.6057
17 15 14,209,051,137.33 3.0118 3.5983
24 8 14,094,689,215.47 3.0045 3.6137
18 15 14,117,422,701.95 3.0119 3.6069
29 10 14,217,788,430.11 3.0112 3.5979
26 4 14,318,176,369.08 3.0102 3.5983
16 8 13,997,817,610.16 3.0009 3.6123
28 6 13,938,440,560.87 3.01 3.6127
31 9 14,137,699,470.56 3.0228 3.6203
14 8 14,382,262,261.00 2.9935 3.5906
17 12 14,329,093,149.99 2.9856 3.5956
20 9 14,256,765,625.89 2.9642 3.5966
30 11 14,266,571,655.11 2.9516 3.5866
14 11 14,475,540,284.95 2.9638 3.5734
11 11 14,436,408,884.77 2.9743 3.558
13 9 14,462,846,364.80 2.9726 3.5477
23 14 14,334,126,561.25 2.9765 3.5521
13 11 14,306,685,169.41 2.9585 3.5586
35 12 14,347,707,078.50 2.9402 3.545
29 8 14,553,436,194.37 2.9488 3.5422
31 8 14,917,624,488.84 2.9287 3.524
16 10 14,847,879,047.11 2.9489 3.5518
8 6 14,726,258,786.60 2.9427 3.5692
21 8 14,740,135,814.87 2.8796 3.517
27 8 14,754,604,102.98 2.8573 3.4881
15 6 15,033,945,113.86 2.869 3.486
8 8 14,861,569,040.69 2.8674 3.4797
27 9 14,720,423,544.82 2.8337 3.4772
13 7 14,718,967,492.81 2.8474 3.4797
13 5 14,158,352,480.86 2.8493 3.4976
11 11 14,134,411,287.69 2.8459 3.4975
17 6 14,066,730,551.87 2.8377 3.4978
9 5 13,978,449,269.95 2.8109 3.4851
10 9 13,897,874,478.58 2.8205 3.5016
15 7 13,761,946,782.57 2.8009 3.4959
13 14 13,513,605,300.43 2.8074 3.4992
32 7 13,254,941,631.95 2.7954 3.5084
13 9 13,533,675,128.44 2.7957 3.5135
8 8 13,445,439,696.70 2.8543 3.5108
18 15 13,249,284,890.75 2.875 3.5111
8 9 13,128,426,187.74 2.8683 3.5005
26 8 12,849,208,628.28 2.8669 3.5305
21 12 12,827,766,628.90 2.8734 3.5367
30 8 13,021,746,364.12 2.8522 3.5086
22 13 13,098,629,360.06 2.8778 3.5091
18 8 13,132,175,383.34 2.8721 3.5142
34 5 12,918,569,387.13 2.9034 3.5373
25 10 12,912,009,131.25 2.9255 3.562
28 10 12,939,713,739.30 2.9256 3.5787
19 16 13,209,558,007.63 2.9228 3.5905
19 14 13,299,224,013.53 2.9099 3.5869
20 8 13,560,619,206.81 2.8846 3.572
18 9 13,526,621,332.18 2.8379 3.5389
20 11 13,746,761,473.76 2.7898 3.4607
28 8 14,088,483,342.82 2.74 3.4022
26 13 14,052,061,684.04 2.7693 3.4264
19 6 14,085,829,583.28 2.7702 3.4306
40 4 14,131,473,749.19 2.7904 3.4508
15 3 14,308,710,567.78 2.7988 3.4455
9 9 14,050,663,334.48 2.8095 3.4592
14 8 13,506,063,837.62 2.8459 3.4776
14 4 12,864,143,730.54 2.8672 3.5014
13 8 12,684,621,357.60 2.9164 3.5237
25 14 12,515,041,208.32 2.9162 3.5197
17 10 12,563,492,739.21 2.9409 3.5272
20 8 12,375,220,485.79 2.9543 3.5447
23 6 12,506,138,173.18 2.9425 3.5532
21 8 12,574,168,672.71 2.9207 3.5579
18 6 12,655,481,494.50 2.9297 3.5616
7 5 12,715,760,990.19 2.9467 3.5614
16 4 12,380,083,403.81 2.9711 3.5632
20 10 12,115,421,125.83 2.9527 3.5635
9 7 12,087,371,821.75 2.947 3.5664
8 10 12,084,236,985.98 2.9532 3.568
23 8 12,059,190,279.53 2.9329 3.5704
13 3 12,062,825,786.73 2.935 3.5735
14 8 11,786,894,018.76 2.9804 3.5792
25 8 11,490,557,913.00 3.0117 3.5877
21 10 11,500,988,362.87 2.998 3.5954
13 5 11,256,895,022.55 3.0219 3.5973
13 6 11,255,017,778.32 3.0223 3.5979
20 3 11,143,251,843.50 3.0216 3.5986
21 12 11,000,023,537.17 2.9939 3.6138
11 6 11,006,732,980.52 2.9849 3.6091
21 9 10,880,964,895.29 2.9787 3.6149
23 11 10,972,623,952.66 2.9935 3.6163
20 12 10,986,225,971.51 2.9566 3.6155
26 14 11,025,449,515.91 2.9811 3.615
18 14 11,037,238,748.20 2.9856 3.6172
14 12 10,944,608,914.59 3 3.6143
26 6 11,002,821,967.08 2.9793 3.6145
15 7 10,945,547,566.37 3.0012 3.616
14 5 10,955,033,482.76 2.9551 3.6138
15 10 11,047,227,528.17 2.9533 3.6123
20 10 10,751,189,159.29 2.9328 3.616
15 9 10,417,207,747.35 2.9411 3.6193
37 4 10,236,716,979.05 2.947 3.6174
19 9 10,422,720,354.23 2.9421 3.6135
16 11 10,384,562,199.24 2.9433 3.6158
12 8 10,335,978,104.61 2.951 3.6172
17 3 10,031,614,987.44 2.9278 3.6217
36 4 9,707,986,849.74 2.8916 3.6197
34 12 10,271,204,246.38 2.8856 3.6172
34 7 10,213,104,325.70 2.8785 3.6156
25 11 10,486,735,201.46 2.878 3.6186
26 12 10,532,815,652.03 2.8777 3.6187
29 9 10,551,170,439.16 2.8818 3.6183
12 8 10,669,505,585.67 2.8621 3.6164
13 10 10,372,396,049.46 2.8585 3.6147
19 5 10,048,897,862.10 2.8661 3.6157
15 10 10,045,411,777.73 2.8569 3.6136
19 9 9,947,190,700.25 2.8628 3.613
20 7 9,877,110,564.57 2.8631 3.6187
28 7 9,772,359,072.18 2.8322 3.6171
28 6 9,884,806,218.64 2.8148 3.6278
23 13 10,006,362,378.98 2.8142 3.615
22 12 10,156,526,073.83 2.812 3.6109
14 10 10,294,658,893.09 2.7946 3.6191
16 6 10,267,292,912.04 2.7983 3.6301
4 5 10,232,229,190.26 2.7957 3.6197
10 6 10,031,265,536.10 2.8142 3.6206
13 7 9,705,807,627.52 2.7931 3.6211
7 5 9,687,546,607.01 2.8019 3.6207
14 7 9,623,826,274.82 2.7943 3.6103
15 7 9,884,644,050.02 2.7916 3.6227
15 5 9,629,043,396.59 2.79 3.6201
16 9 10,025,623,941.59 2.7563 3.6021
13 11 10,102,261,743.67 2.765 3.6211
33 10 9,861,515,276.07 2.7986 3.6495
30 10 10,293,979,951.53 2.7953 3.6312
33 6 10,460,426,284.80 2.787 3.6173
27 8 10,755,011,751.69 2.82 3.6165
32 6 11,051,053,708.72 2.8158 3.6158
16 9 11,281,865,256.28 2.7903 3.6113
22 5 11,028,302,667.51 2.7936 3.6251
15 5 10,841,499,669.68 2.8012 3.6328
20 9 10,677,619,308.83 2.8399 3.646
34 6 10,690,058,960.65 2.8244 3.6465
27 6 10,866,904,207.21 2.8303 3.6485
31 5 10,938,119,489.62 2.8473 3.6522
22 8 10,944,162,297.20 2.8257 3.6427
7 10 10,826,992,926.78 2.8239 3.6617
16 10 10,442,308,214.53 2.8429 3.6825
10 10 10,048,894,094.57 2.8339 3.6712
21 7 9,723,769,030.31 2.8169 3.6455
46 3 9,296,415,327.56 2.8174 3.6405
30 11 10,312,859,569.34 2.8176 3.6502
26 10 10,628,528,528.53 2.8224 3.663
25 8 10,861,191,679.79 2.7748 3.6201
43 10 10,744,314,133.83 2.7695 3.6494
18 9 10,986,967,639.05 2.7521 3.6371
29 8 11,043,692,644.84 2.7413 3.6505
49 6 11,305,270,381.55 2.7242 3.643
39 8 12,306,800,660.79 2.7199 3.632
40 9 12,907,312,736.16 2.6895 3.5992
25 10 13,317,121,216.32 2.6885 3.6043
19 11 13,455,315,119.61 2.6771 3.5907
14 6 13,440,542,785.93 2.693 3.611
23 9 12,987,002,888.25 2.694 3.6008
41 7 12,937,014,235.17 2.7096 3.5897
32 17 13,147,761,194.03 2.7389 3.618
35 6 13,675,760,065.74 2.7818 3.651
30 12 13,710,352,573.76 2.7749 3.6503
25 9 13,773,988,724.07 2.7878 3.6538
21 14 13,882,807,540.50 2.7439 3.6231
38 8 13,655,702,597.33 2.7473 3.6422
30 15 13,960,765,365.29 2.7527 3.6218
34 8 14,270,178,139.43 2.7453 3.6376
31 6 14,339,833,550.91 2.783 3.6768
24 11 13,695,274,247.68 2.75 3.6354
26 8 13,521,705,166.83 2.7447 3.5844
12 9 13,281,626,214.26 2.77 3.6133
19 5 12,587,466,470.31 2.9111 3.8026
14 6 12,511,390,063.42 2.9064 3.784
39 7 12,716,070,553.65 2.8301 3.6738
19 7 13,204,167,253.27 2.7385 3.5515
23 11 12,361,768,869.89 2.8002 3.6023
5 6 12,041,441,540.28 2.8499 3.6461
58 2 11,262,602,133.61 2.882 3.6839
50 6 11,539,148,073.02 2.9016 3.6975
29 14 11,931,470,107.02 2.8997 3.7283
31 9 12,058,202,048.84 2.8828 3.7387
18 10 12,082,768,999.25 2.8553 3.7212
7 8 11,894,860,813.70 2.8581 3.736
13 9 11,648,817,932.25 2.8793 3.7519
32 9 11,492,776,415.40 2.8855 3.7516
15 8 11,493,624,579.17 2.8902 3.7723
32 11 11,409,759,322.93 2.8979 3.781
36 9 11,576,963,934.77 2.8943 3.7654
30 9 11,945,641,242.79 2.8958 3.7786
6 10 11,944,022,474.25 2.9364 3.8444
15 6 11,213,767,364.71 2.9686 3.8584
21 12 10,982,341,175.85 2.9323 3.7998
11 8 11,454,190,616.23 2.8587 3.7405
13 8 11,148,999,357.88 2.8645 3.7376
16 7 10,618,311,313.51 2.8759 3.7769
12 8 10,367,144,692.34 2.9077 3.8143
7 9 10,291,731,056.34 2.8868 3.8179
34 8 10,236,364,114.98 2.9006 3.7988
21 4 10,214,287,577.27 2.9125 3.8341
15 1 10,216,964,308.79 2.9504 3.8693
13 8 10,265,130,054.08 2.9334 3.883
16 10 10,167,122,933.88 2.9369 3.872
10 2 9,938,925,376.22 2.9233 3.8674
20 2 9,445,710,024.94 2.9065 3.8893
7 2 9,153,726,787.08 2.9027 3.931
25 4 8,818,832,158.26 2.8605 3.8721
28 12 8,908,550,322.21 2.8368 3.8174
30 11 9,009,672,501.71 2.8406 3.8046
36 8 8,886,551,133.71 2.878 3.8546
15 10 8,875,458,632.63 2.8796 3.8702
18 8 8,681,425,988.12 2.911 3.871
17 10 7,078,015,468.58 2.8872 3.8659
22 11 6,983,457,613.32 2.9402 3.9293
23 15 6,935,591,929.96 2.9602 3.9405
22 14 6,930,152,846.19 2.9679 3.9386
20 15 6,959,009,635.70 2.951 3.8814
20 13 6,945,803,968.48 2.8911 3.8453
23 13 6,929,067,279.09 2.878 3.8318
34 13 6,864,763,944.02 2.8476 3.8296
26 12 6,966,575,127.50 2.8439 3.8235
27 12 7,021,751,863.68 2.8274 3.756
16 10 6,993,848,399.54 2.8812 3.8364
33 12 6,656,803,657.71 2.9013 3.8494
19 12 6,624,281,609.20 2.9381 3.8976
18 6 6,549,681,480.17 2.9813 3.9401
22 6 6,507,483,890.61 2.9867 3.9418
23 11 6,535,077,739.86 3.007 3.9555
13 7 6,481,606,454.23 3.0219 3.9416
15 9 6,370,234,789.19 3.0393 3.961
19 15 6,275,840,330.84 3.0473 3.9657
23 17 6,261,914,909.62 3.0575 3.9887
19 18 6,353,206,614.90 3.0416 3.9668
17 11 6,268,583,006.20 3.0434 3.9485
21 12 6,156,229,565.92 3.0726 3.9762
var 1 var 2 dif 1 y t-1 var 2
Date BET (EUR) y t-1 t y t-1
11.11.2005 5789.99 -247
11.10.2005 5716.68 5789.99 -245 5789.99 -123 -73.31 5789.99 -123
11.09.2005 5683.85 5716.68 -243 5716.68 -122 -32.83 5716.68 -122
11.08.2005 5653.33 5683.85 -241 5683.85 -121 -30.52 5683.85 -121
11.07.2005 5722.39 5653.33 -239 5653.33 -120 69.06 5653.33 -120
11.04.2005 5684.87 5722.39 -237 5722.39 -119 -37.52 5722.39 -119
11.03.2005 5666.3 5684.87 -235 5684.87 -118 -18.57 5684.87 -118
11.02.2005 5780 5666.3 -233 5666.3 -117 113.7 5666.3 -117
11.01.2005 5684.32 5780 -231 5780 -116 -95.68 5780 -116
10.31.2005 5718.94 5684.32 -229 5684.32 -115 34.62 5684.32 -115
10.28.2005 5863.69 5718.94 -227 5718.94 -114 144.75 5718.94 -114
10.27.2005 6028.6 5863.69 -225 5863.69 -113 164.91 5863.69 -113
10.26.2005 6133.05 6028.6 -223 6028.6 -112 104.45 6028.6 -112
10.25.2005 6156.38 6133.05 -221 6133.05 -111 23.33 6133.05 -111
10.24.2005 6043.38 6156.38 -219 6156.38 -110 -113 6156.38 -110
10.21.2005 5990.07 6043.38 -217 6043.38 -109 -53.31 6043.38 -109
10.20.2005 5991.61 5990.07 -215 5990.07 -108 1.54 5990.07 -108
10.19.2005 6001.02 5991.61 -213 5991.61 -107 9.41 5991.61 -107
10.18.2005 6056.82 6001.02 -211 6001.02 -106 55.8 6001.02 -106
10.17.2005 5900.08 6056.82 -209 6056.82 -105 -156.74 6056.82 -105
10.14.2005 5828.13 5900.08 -207 5900.08 -104 -71.95 5900.08 -104
10.13.2005 5900.29 5828.13 -205 5828.13 -103 72.16 5828.13 -103
10.12.2005 5991.06 5900.29 -203 5900.29 -102 90.77 5900.29 -102
10.11.2005 5913.73 5991.06 -201 5991.06 -101 -77.33 5991.06 -101
10.10.2005 5869.61 5913.73 -199 5913.73 -100 -44.12 5913.73 -100
10.07.2005 5835.13 5869.61 -197 5869.61 -99 -34.48 5869.61 -99
10.06.2005 5918.46 5835.13 -195 5835.13 -98 83.33 5835.13 -98
10.05.2005 5892.76 5918.46 -193 5918.46 -97 -25.7 5918.46 -97
10.04.2005 5918.44 5892.76 -191 5892.76 -96 25.68 5892.76 -96
10.03.2005 5875.42 5918.44 -189 5918.44 -95 -43.02 5918.44 -95
09.30.2005 5885.9 5875.42 -187 5875.42 -94 10.48 5875.42 -94
09.29.2005 5913.55 5885.9 -185 5885.9 -93 27.65 5885.9 -93
09.28.2005 5937.94 5913.55 -183 5913.55 -92 24.39 5913.55 -92
09.27.2005 6037.94 5937.94 -181 5937.94 -91 100 5937.94 -91
09.26.2005 5967.7 6037.94 -179 6037.94 -90 -70.24 6037.94 -90
09.23.2005 5878.23 5967.7 -177 5967.7 -89 -89.47 5967.7 -89
09.22.2005 5845.94 5878.23 -175 5878.23 -88 -32.29 5878.23 -88
09.21.2005 5860.31 5845.94 -173 5845.94 -87 14.37 5845.94 -87
09.20.2005 5973.83 5860.31 -171 5860.31 -86 113.52 5860.31 -86
09.19.2005 5900.32 5973.83 -169 5973.83 -85 -73.51 5973.83 -85
09.16.2005 5821.43 5900.32 -167 5900.32 -84 -78.89 5900.32 -84
09.15.2005 5838.83 5821.43 -165 5821.43 -83 17.4 5821.43 -83
09.14.2005 5712.38 5838.83 -163 5838.83 -82 -126.45 5838.83 -82
09.13.2005 5635.5 5712.38 -161 5712.38 -81 -76.88 5712.38 -81
09.12.2005 5538.72 5635.5 -159 5635.5 -80 -96.78 5635.5 -80
09.09.2005 5506.33 5538.72 -157 5538.72 -79 -32.39 5538.72 -79
09.08.2005 5418.76 5506.33 -155 5506.33 -78 -87.57 5506.33 -78
09.07.2005 5342.45 5418.76 -153 5418.76 -77 -76.31 5418.76 -77
09.06.2005 5345.03 5342.45 -151 5342.45 -76 2.58 5342.45 -76
09.05.2005 5273.57 5345.03 -149 5345.03 -75 -71.46 5345.03 -75
09.02.2005 5395.51 5273.57 -147 5273.57 -74 121.94 5273.57 -74
09.01.2005 5375.16 5395.51 -145 5395.51 -73 -20.35 5395.51 -73
08.31.2005 5303.97 5375.16 -143 5375.16 -72 -71.19 5375.16 -72
08.30.2005 5282.02 5303.97 -141 5303.97 -71 -21.95 5303.97 -71
08.29.2005 5173.42 5282.02 -139 5282.02 -70 -108.6 5282.02 -70
08.26.2005 5153.86 5173.42 -137 5173.42 -69 -19.56 5173.42 -69
08.25.2005 5226.94 5153.86 -135 5153.86 -68 73.08 5153.86 -68
08.24.2005 5272.54 5226.94 -133 5226.94 -67 45.6 5226.94 -67
08.23.2005 5291.35 5272.54 -131 5272.54 -66 18.81 5272.54 -66
08.22.2005 5172.86 5291.35 -129 5291.35 -65 -118.49 5291.35 -65
08.19.2005 5240.88 5172.86 -127 5172.86 -64 68.02 5172.86 -64
08.18.2005 5232.54 5240.88 -125 5240.88 -63 -8.34 5240.88 -63
08.17.2005 5327.35 5232.54 -123 5232.54 -62 94.81 5232.54 -62
08.16.2005 5363.28 5327.35 -121 5327.35 -61 35.93 5327.35 -61
08.15.2005 5406.2 5363.28 -119 5363.28 -60 42.92 5363.28 -60
08.12.2005 5383.45 5406.2 -117 5406.2 -59 -22.75 5406.2 -59
08.11.2005 5572.55 5383.45 -115 5383.45 -58 189.1 5383.45 -58
08.10.2005 5572.55 5572.55 -113 5572.55 -57 0 5572.55 -57
08.09.2005 5579.11 5572.55 -111 5572.55 -56 6.56 5572.55 -56
08.08.2005 5623.35 5579.11 -109 5579.11 -55 44.24 5579.11 -55
08.05.2005 5588.01 5623.35 -107 5623.35 -54 -35.34 5623.35 -54
08.04.2005 5638.45 5588.01 -105 5588.01 -53 50.44 5588.01 -53
08.03.2005 5541.87 5638.45 -103 5638.45 -52 -96.58 5638.45 -52
08.02.2005 5386.09 5541.87 -101 5541.87 -51 -155.78 5541.87 -51
08.01.2005 5322.77 5386.09 -99 5386.09 -50 -63.32 5386.09 -50
07.29.2005 5229.64 5322.77 -97 5322.77 -49 -93.13 5322.77 -49
07.28.2005 5180.28 5229.64 -95 5229.64 -48 -49.36 5229.64 -48
07.27.2005 5185 5180.28 -93 5180.28 -47 4.72 5180.28 -47
07.26.2005 5175.15 5185 -91 5185 -46 -9.85 5185 -46
07.25.2005 5194.64 5175.15 -89 5175.15 -45 19.49 5175.15 -45
07.22.2005 5167.31 5194.64 -87 5194.64 -44 -27.33 5194.64 -44
07.21.2005 5113.24 5167.31 -85 5167.31 -43 -54.07 5167.31 -43
07.20.2005 5103.66 5113.24 -83 5113.24 -42 -9.58 5113.24 -42
07.19.2005 4960.75 5103.66 -81 5103.66 -41 -142.91 5103.66 -41
07.18.2005 4895.54 4960.75 -79 4960.75 -40 -65.21 4960.75 -40
07.15.2005 4930.83 4895.54 -77 4895.54 -39 35.29 4895.54 -39
07.14.2005 4932.35 4930.83 -75 4930.83 -38 1.52 4930.83 -38
07.13.2005 4911.67 4932.35 -73 4932.35 -37 -20.68 4932.35 -37
07.12.2005 4888.1 4911.67 -71 4911.67 -36 -23.57 4911.67 -36
07.11.2005 4726.27 4888.1 -69 4888.1 -35 -161.83 4888.1 -35
07.08.2005 4651.3 4726.27 -67 4726.27 -34 -74.97 4726.27 -34
07.07.2005 4626.13 4651.3 -65 4651.3 -33 -25.17 4651.3 -33
07.06.2005 4575.24 4626.13 -63 4626.13 -32 -50.89 4626.13 -32
07.05.2005 4575.24 4575.24 -61 4575.24 -31 0 4575.24 -31
07.04.2005 4557.13 4575.24 -59 4575.24 -30 -18.11 4575.24 -30
06.24.2005 4505.37 4557.13 -57 4557.13 -29 -51.76 4557.13 -29
06.23.2005 4536.57 4505.37 -55 4505.37 -28 31.2 4505.37 -28
06.22.2005 4511.96 4536.57 -53 4536.57 -27 -24.61 4536.57 -27
06.21.2005 4543.1 4511.96 -51 4511.96 -26 31.14 4511.96 -26
06.20.2005 4530.02 4543.1 -49 4543.1 -25 -13.08 4543.1 -25
06.17.2005 4532.63 4530.02 -47 4530.02 -24 2.61 4530.02 -24
06.16.2005 4545.76 4532.63 -45 4532.63 -23 13.13 4532.63 -23
06.15.2005 4552.31 4545.76 -43 4545.76 -22 6.55 4545.76 -22
06.14.2005 4592.83 4552.31 -41 4552.31 -21 40.52 4552.31 -21
06.13.2005 4557.98 4592.83 -39 4592.83 -20 -34.85 4592.83 -20
06.10.2005 4541.36 4557.98 -37 4557.98 -19 -16.62 4557.98 -19
06.09.2005 4561.15 4541.36 -35 4541.36 -18 19.79 4541.36 -18
06.08.2005 4458.18 4561.15 -33 4561.15 -17 -102.97 4561.15 -17
06.07.2005 4421.48 4458.18 -31 4458.18 -16 -36.7 4458.18 -16
06.06.2005 4364.63 4421.48 -29 4421.48 -15 -56.85 4421.48 -15
06.03.2005 4472.68 4364.63 -27 4364.63 -14 108.05 4364.63 -14
06.02.2005 4495.41 4472.68 -25 4472.68 -13 22.73 4472.68 -13
06.01.2005 4485.49 4495.41 -23 4495.41 -12 -9.92 4495.41 -12
05.31.2005 4365.84 4485.49 -21 4485.49 -11 -119.65 4485.49 -11
05.30.2005 4236.51 4365.84 -19 4365.84 -10 -129.33 4365.84 -10
05.27.2005 4502.87 4236.51 -17 4236.51 -9 266.36 4236.51 -9
05.26.2005 4579.53 4502.87 -15 4502.87 -8 76.66 4502.87 -8
05.25.2005 4694.29 4579.53 -13 4579.53 -7 114.76 4579.53 -7
05.24.2005 4736.56 4694.29 -11 4694.29 -6 42.27 4694.29 -6
05.23.2005 4744.02 4736.56 -9 4736.56 -5 7.46 4736.56 -5
05.20.2005 4776.06 4744.02 -7 4744.02 -4 32.04 4744.02 -4
05.19.2005 4703.24 4776.06 -5 4776.06 -3 -72.82 4776.06 -3
05.18.2005 4613.23 4703.24 -3 4703.24 -2 -90.01 4703.24 -2
05.17.2005 4605.68 4613.23 -1 4613.23 -1 -7.55 4613.23 -1
05.16.2005 4566.84 4605.68 1 4605.68 0 -38.84 4605.68 0
05.13.2005 4545.75 4566.84 3 4566.84 1 -21.09 4566.84 1
05.12.2005 4517.88 4545.75 5 4545.75 2 -27.87 4545.75 2
05.11.2005 4535.55 4517.88 7 4517.88 3 17.67 4517.88 3
05.10.2005 4611.08 4535.55 9 4535.55 4 75.53 4535.55 4
05.09.2005 4697.34 4611.08 11 4611.08 5 86.26 4611.08 5
05.06.2005 4725.24 4697.34 13 4697.34 6 27.9 4697.34 6
05.05.2005 4678.59 4725.24 15 4725.24 7 -46.65 4725.24 7
05.04.2005 4675.13 4678.59 17 4678.59 8 -3.46 4678.59 8
05.03.2005 4544.94 4675.13 19 4675.13 9 -130.19 4675.13 9
04.29.2005 4442.09 4544.94 21 4544.94 10 -102.85 4544.94 10
04.28.2005 4393.65 4442.09 23 4442.09 11 -48.44 4442.09 11
04.27.2005 4370.77 4393.65 25 4393.65 12 -22.88 4393.65 12
04.26.2005 4394.57 4370.77 27 4370.77 13 23.8 4370.77 13
04.25.2005 4319.27 4394.57 29 4394.57 14 -75.3 4394.57 14
04.22.2005 4456.18 4319.27 31 4319.27 15 136.91 4319.27 15
04.21.2005 4465.13 4456.18 33 4456.18 16 8.95 4456.18 16
04.20.2005 4356.14 4465.13 35 4465.13 17 -108.99 4465.13 17
04.19.2005 4561.55 4356.14 37 4356.14 18 205.41 4356.14 18
04.18.2005 4635.73 4561.55 39 4561.55 19 74.18 4561.55 19
04.15.2005 4721.05 4635.73 41 4635.73 20 85.32 4635.73 20
04.14.2005 4840.24 4721.05 43 4721.05 21 119.19 4721.05 21
04.13.2005 4931.92 4840.24 45 4840.24 22 91.68 4840.24 22
04.12.2005 4864.97 4931.92 47 4931.92 23 -66.95 4931.92 23
04.11.2005 4813.46 4864.97 49 4864.97 24 -51.51 4864.97 24
04.08.2005 4772.27 4813.46 51 4813.46 25 -41.19 4813.46 25
04.07.2005 4794.68 4772.27 53 4772.27 26 22.41 4772.27 26
04.06.2005 4894.03 4794.68 55 4794.68 27 99.35 4794.68 27
04.05.2005 4931.23 4894.03 57 4894.03 28 37.2 4894.03 28
04.04.2005 4914.97 4931.23 59 4931.23 29 -16.26 4931.23 29
04.01.2005 4934.17 4914.97 61 4914.97 30 19.2 4914.97 30
03.31.2005 4720.36 4934.17 63 4934.17 31 -213.81 4934.17 31
03.30.2005 4489.72 4720.36 65 4720.36 32 -230.64 4720.36 32
03.29.2005 4339.77 4489.72 67 4489.72 33 -149.95 4489.72 33
03.28.2005 4151.22 4339.77 69 4339.77 34 -188.55 4339.77 34
03.25.2005 4663.47 4151.22 71 4151.22 35 512.25 4151.22 35
03.24.2005 4760.42 4663.47 73 4663.47 36 96.95 4663.47 36
03.23.2005 4742.4 4760.42 75 4760.42 37 -18.02 4760.42 37
03.22.2005 4655.71 4742.4 77 4742.4 38 -86.69 4742.4 38
03.21.2005 4742 4655.71 79 4655.71 39 86.29 4655.71 39
03.18.2005 4791.84 4742 81 4742 40 49.84 4742 40
03.17.2005 4942.59 4791.84 83 4791.84 41 150.75 4791.84 41
03.16.2005 5323.81 4942.59 85 4942.59 42 381.22 4942.59 42
03.15.2005 5514.5 5323.81 87 5323.81 43 190.69 5323.81 43
03.14.2005 5636.72 5514.5 89 5514.5 44 122.22 5514.5 44
03.11.2005 5710.15 5636.72 91 5636.72 45 73.43 5636.72 45
03.10.2005 5669.1 5710.15 93 5710.15 46 -41.05 5710.15 46
03.09.2005 5584.71 5669.1 95 5669.1 47 -84.39 5669.1 47
03.08.2005 5547.35 5584.71 97 5584.71 48 -37.36 5584.71 48
03.07.2005 5624.78 5547.35 99 5547.35 49 77.43 5547.35 49
03.04.2005 5780.65 5624.78 101 5624.78 50 155.87 5624.78 50
03.03.2005 5803.58 5780.65 103 5780.65 51 22.93 5780.65 51
03.02.2005 5849.4 5803.58 105 5803.58 52 45.82 5803.58 52
03.01.2005 5887.49 5849.4 107 5849.4 53 38.09 5849.4 53
02.28.2005 5734.93 5887.49 109 5887.49 54 -152.56 5887.49 54
02.25.2005 5843.52 5734.93 111 5734.93 55 108.59 5734.93 55
02.24.2005 6018.16 5843.52 113 5843.52 56 174.64 5843.52 56
02.23.2005 5950.25 6018.16 115 6018.16 57 -67.91 6018.16 57
02.22.2005 5785.99 5950.25 117 5950.25 58 -164.26 5950.25 58
02.21.2005 5843.22 5785.99 119 5785.99 59 57.23 5785.99 59
02.18.2005 5636.07 5843.22 121 5843.22 60 -207.15 5843.22 60
02.17.2005 5329.09 5636.07 123 5636.07 61 -306.98 5636.07 61
02.16.2005 5408.29 5329.09 125 5329.09 62 79.2 5329.09 62
02.15.2005 5544.29 5408.29 127 5408.29 63 136 5408.29 63
02.14.2005 5730.05 5544.29 129 5544.29 64 185.76 5544.29 64
02.11.2005 5361.54 5730.05 131 5730.05 65 -368.51 5730.05 65
02.10.2005 5166.78 5361.54 133 5361.54 66 -194.76 5361.54 66
02.09.2005 4850.19 5166.78 135 5166.78 67 -316.59 5166.78 67
02.08.2005 5121.05 4850.19 137 4850.19 68 270.86 4850.19 68
02.07.2005 5305.97 5121.05 139 5121.05 69 184.92 5121.05 69
02.04.2005 5268.16 5305.97 141 5305.97 70 -37.81 5305.97 70
02.03.2005 5318.98 5268.16 143 5268.16 71 50.82 5268.16 71
02.02.2005 5222.8 5318.98 145 5318.98 72 -96.18 5318.98 72
02.01.2005 5106.49 5222.8 147 5222.8 73 -116.31 5222.8 73
01.31.2005 5048.36 5106.49 149 5106.49 74 -58.13 5106.49 74
01.28.2005 5060.58 5048.36 151 5048.36 75 12.22 5048.36 75
01.27.2005 5042.36 5060.58 153 5060.58 76 -18.22 5060.58 76
01.26.2005 5097.49 5042.36 155 5042.36 77 55.13 5042.36 77
01.25.2005 5181.32 5097.49 157 5097.49 78 83.83 5097.49 78
01.24.2005 5202.56 5181.32 159 5181.32 79 21.24 5181.32 79
01.21.2005 4927.18 5202.56 161 5202.56 80 -275.38 5202.56 80
01.20.2005 4813.87 4927.18 163 4927.18 81 -113.31 4927.18 81
01.19.2005 4896.03 4813.87 165 4813.87 82 82.16 4813.87 82
01.18.2005 4762.24 4896.03 167 4896.03 83 -133.79 4896.03 83
01.17.2005 4607.79 4762.24 169 4762.24 84 -154.45 4762.24 84
01.14.2005 4537.57 4607.79 171 4607.79 85 -70.22 4607.79 85
01.13.2005 4461.64 4537.57 173 4537.57 86 -75.93 4537.57 86
01.12.2005 4371.11 4461.64 175 4461.64 87 -90.53 4461.64 87
01.11.2005 4404.8 4371.11 177 4371.11 88 33.69 4371.11 88
01.10.2005 4476.58 4404.8 179 4404.8 89 71.78 4404.8 89
01.07.2005 4412.31 4476.58 181 4476.58 90 -64.27 4476.58 90
01.06.2005 4346.8 4412.31 183 4412.31 91 -65.51 4412.31 91
01.05.2005 4323.2 4346.8 185 4346.8 92 -23.6 4346.8 92
01.04.2005 4122.77 4323.2 187 4323.2 93 -200.43 4323.2 93
01.03.2005 3945.38 4122.77 189 4122.77 94 -177.39 4122.77 94
12.24.2004 3781.83 3945.38 191 3945.38 95 -163.55 3945.38 95
12.23.2004 3810.81 3781.83 193 3781.83 96 28.98 3781.83 96
12.22.2004 3838.46 3810.81 195 3810.81 97 27.65 3810.81 97
12.21.2004 3800.84 3838.46 197 3838.46 98 -37.62 3838.46 98
12.20.2004 3794.29 3800.84 199 3800.84 99 -6.55 3800.84 99
12.17.2004 3730.76 3794.29 201 3794.29 100 -63.53 3794.29 100
12.16.2004 3696.74 3730.76 203 3730.76 101 -34.02 3730.76 101
12.15.2004 3659.59 3696.74 205 3696.74 102 -37.15 3696.74 102
12.14.2004 3643.88 3659.59 207 3659.59 103 -15.71 3659.59 103
12.13.2004 3618.36 3643.88 209 3643.88 104 -25.52 3643.88 104
12.10.2004 3600.39 3618.36 211 3618.36 105 -17.97 3618.36 105
12.09.2004 3594.11 3600.39 213 3600.39 106 -6.28 3600.39 106
12.08.2004 3566.09 3594.11 215 3594.11 107 -28.02 3594.11 107
12.07.2004 3549.05 3566.09 217 3566.09 108 -17.04 3566.09 108
12.06.2004 3569.86 3549.05 219 3549.05 109 20.81 3549.05 109
12.03.2004 3623.48 3569.86 221 3569.86 110 53.62 3569.86 110
12.02.2004 3535.91 3623.48 223 3623.48 111 -87.57 3623.48 111
11.30.2004 3449.25 3535.91 225 3535.91 112 -86.66 3535.91 112
11.29.2004 3442.89 3449.25 227 3449.25 113 -6.36 3449.25 113
11.26.2004 3383 3442.89 229 3442.89 114 -59.89 3442.89 114
11.25.2004 3355.35 3383 231 3383 115 -27.65 3383 115
11.24.2004 3365.95 3355.35 233 3355.35 116 10.6 3355.35 116
11.23.2004 3335.56 3365.95 235 3365.95 117 -30.39 3365.95 117
11.22.2004 3279.41 3335.56 237 3335.56 118 -56.15 3335.56 118
11.19.2004 3248.57 3279.41 239 3279.41 119 -30.84 3279.41 119
11.18.2004 3234.2 3248.57 241 3248.57 120 -14.37 3248.57 120
11.17.2004 3261.72 3234.2 243 3234.2 121 27.52 3234.2 121
11.16.2004 3252.74 3261.72 245 3261.72 122 -8.98 3261.72 122
11.15.2004 3207.47 3252.74 247 3252.74 123 -45.27 3252.74 123
medie 4952.709
abatere 737.1819 730.2437
var 543437.1 correl k=1 exact
yt=f(yt-1,t) var 1 r1 r1 dify=f(yt-1,t)
0.990298 0.976394 0.990298
SUMMARY OUTPUT 247obs SUMMARY OUTPUT

Multiple R 0.990382 Multiple R
Standard Erro 102.562 Standard Erro
ANOVA ANOVA
Regression 2 1.32E+08 65750951 6250.709 2.6E-210 Regression
Residual 244 2566626 10518.96 Residual
Coefficients
Standard Error t Stat P-value Lower 95%Upper 95% Coefficients
Intercept 55.43746 61.68523 0.898715 0.36969 -66.06601 176.9409 Intercept
X Variable 1 0.986733 0.012358 79.84252 7E-177 0.96239 1.011076 X Variable 1
X Variable 2 -0.091755 0.063285 -1.44987 0.148379 -0.216409 0.0329 X Variable 2
yt=f(yt-1,t) var 2 b nu este semnifictiv diferit de 0,
SUMMARY OUTPUT este proces DSP

Testul DF Dickey-Fuller
Multiple R 0.990382 r
R Square 0.980856
Observations 247 SUMMARY OUTPUT
ANOVA Regression Statistics

df SS MS F Significance F Multiple R
Regression 2 1.32E+08 65750951 6250.709 2.6E-210 R Square
Residual 244 2566626 10518.96 Adjusted R S
Total 246 1.34E+08 Standard Erro
Observations
Coefficients
Intercept 55.3457 61.64174 0.897861 0.370145 -66.07211 176.7635 ANOVA
X Variable 1 0.986733 0.012358 79.84252 7E-177 0.96239 1.011076
X Variable 2 -0.18351 0.12657 -1.44987 0.148379 -0.432819 0.065799 Regression
Residual
Total
Coefficients
Intercept
X Variable 1
yt teo et et-1 dif et dif^2 et^2 yt-1 yt-2 yt teo2
5778.8 -62.1 3858.3 5789.99

5705.6 -21.7 -62.1 40.4 1633.4 470.9 5716.68 5789.99 5687.9
5672.7 -19.4 -21.7 2.3 5.2 377.1 5683.85 5716.68 5664.8
5642.3 80.1 -19.4 99.6 9910.8 6421.3 5653.33 5683.85 5635.0
5711.3 -26.4 80.1 -106.5 11346.2 696.2 5722.39 5653.33 5727.3
5673.8 -7.5 -26.4 18.9 357.8 55.8 5684.87 5722.39 5664.7
5655.2 124.8 -7.5 132.3 17491.0 15571.2 5666.30 5684.87 5650.7
5768.8 -84.5 124.8 -209.3 43797.6 7139.3 5780.00 5666.30 5795.2
5673.2 45.7 -84.5 130.2 16955.9 2090.4 5684.32 5780.00 5650.4
5707.8 155.9 45.7 110.2 12135.4 24299.0 5718.94 5684.32 5715.7
5852.4 176.2 155.9 20.3 411.6 31036.0 5863.69 5718.94 5885.8
6017.2 115.9 176.2 -60.3 3637.7 13422.9 6028.60 5863.69 6054.7
6121.5 34.8 115.9 -81.0 6565.4 1213.1 6133.05 6028.60 6144.3
6144.9 -101.5 34.8 -136.3 18580.2 10298.0 6156.38 6133.05 6148.3
6032.0 -41.9 -101.5 59.6 3550.9 1754.7 6043.38 6156.38 6003.6
5978.7 12.9 -41.9 54.8 3003.3 166.7 5990.07 6043.38 5964.7
5980.2 20.8 12.9 7.9 62.0 432.0 5991.61 5990.07 5979.2
5989.6 67.2 20.8 46.4 2152.8 4513.5 6001.02 5991.61 5990.4
6045.4 -145.3 67.2 -212.5 45152.1 21114.3 6056.82 6001.02 6056.9
5888.8 -60.7 -145.3 84.7 7165.7 3679.3 5900.08 6056.82 5850.6
5816.9 83.4 -60.7 144.0 20749.2 6953.7 5828.13 5900.08 5799.1
5889.0 102.1 83.4 18.7 348.7 10416.8 5900.29 5828.13 5905.1
5979.7 -66.0 102.1 -168.0 28230.4 4350.2 5991.06 5900.29 5999.8
5902.4 -32.8 -66.0 33.1 1098.3 1076.8 5913.73 5991.06 5883.0
5858.3 -23.2 -32.8 9.6 92.2 538.9 5869.61 5913.73 5847.0
5823.9 94.6 -23.2 117.8 13872.0 8942.5 5835.13 5869.61 5814.9
5907.2 -14.4 94.6 -109.0 11871.4 207.1 5918.46 5835.13 5925.8
5881.5 37.0 -14.4 51.4 2637.6 1366.5 5892.76 5918.46 5874.4
5907.1 -31.7 37.0 -68.7 4716.5 1005.6 5918.44 5892.76 5912.1
5864.1 21.8 -31.7 53.5 2858.2 473.1 5875.42 5918.44 5853.0
5874.6 38.9 21.8 17.2 295.1 1515.6 5885.90 5875.42 5876.1
5902.2 35.7 38.9 -3.2 10.5 1274.1 5913.55 5885.90 5907.7
5926.6 111.3 35.7 75.6 5720.2 12393.6 5937.94 5913.55 5931.2
6026.5 -58.8 111.3 -170.2 28951.4 3460.3 6037.94 5937.94 6048.6
5956.3 -78.1 -58.8 -19.3 372.2 6102.3 5967.70 6037.94 5938.4
5867.0 -21.0 -78.1 57.1 3260.4 441.7 5878.23 5967.70 5844.8
5834.7 25.6 -21.0 46.6 2174.5 656.1 5845.94 5878.23 5826.2
5849.1 124.8 25.6 99.2 9833.3 15569.4 5860.31 5845.94 5851.6
5962.5 -62.2 124.8 -186.9 34942.4 3862.8 5973.83 5860.31 5988.0
5889.0 -67.6 -62.2 -5.4 29.7 4569.4 5900.32 5973.83 5870.6
5810.2 28.6 -67.6 96.2 9258.2 819.3 5821.43 5900.32 5790.8
5827.6 -115.2 28.6 -143.8 20688.4 13273.8 5838.83 5821.43 5830.9
5701.3 -65.8 -115.2 49.5 2446.0 4323.6 5712.38 5838.83 5671.0
5624.4 -85.7 -65.8 -20.0 398.7 7348.4 5635.50 5712.38 5606.2
5527.7 -21.4 -85.7 64.3 4135.0 458.8 5538.72 5635.50 5505.2
5495.4 -76.6 -21.4 -55.2 3048.0 5871.8 5506.33 5538.72 5488.2
5407.9 -65.4 -76.6 11.2 125.0 4283.2 5418.76 5506.33 5388.0
5331.7 13.4 -65.4 78.8 6212.9 178.9 5342.45 5418.76 5314.7
5334.2 -60.7 13.4 -74.0 5481.6 3679.8 5345.03 5342.45 5336.0
5262.8 132.7 -60.7 193.3 37379.0 17602.6 5273.57 5345.03 5247.3
5384.7 -9.5 132.7 -142.2 20215.6 90.4 5395.51 5273.57 5414.5
5364.3 -60.4 -9.5 -50.9 2586.5 3643.9 5375.16 5395.51 5360.5
5293.2 -11.2 -60.4 49.2 2418.3 125.2 5303.97 5375.16 5277.7
5271.3 -97.9 -11.2 -86.7 7511.6 9576.1 5282.02 5303.97 5267.5
5162.8 -8.9 -97.9 88.9 7910.9 79.5 5173.42 5282.02 5138.9
5143.2 83.7 -8.9 92.6 8578.9 7007.1 5153.86 5173.42 5140.5
5216.2 56.3 83.7 -27.4 751.6 3168.9 5226.94 5153.86 5235.2
5261.8 29.5 56.3 -26.7 715.5 872.8 5272.54 5226.94 5274.1
5280.6 -107.7 29.5 -137.3 18846.7 11607.7 5291.35 5272.54 5286.4
5162.2 78.7 -107.7 186.4 34746.6 6188.2 5172.86 5291.35 5136.0
5230.2 2.4 78.7 -76.3 5821.6 5.6 5240.88 5172.86 5247.9
5221.8 105.5 2.4 103.1 10638.4 11132.0 5232.54 5240.88 5221.5
5316.6 46.7 105.5 -58.8 3456.9 2182.1 5327.35 5232.54 5340.3
5352.5 53.7 46.7 7.0 49.3 2887.4 5363.28 5327.35 5362.1
5395.3 -11.9 53.7 -65.6 4307.5 141.5 5406.20 5363.28 5406.4
5372.6 199.9 -11.9 211.8 44871.8 39973.1 5383.45 5406.20 5368.2
5561.5 11.0 199.9 -188.9 35695.2 121.0 5572.55 5383.45 5606.6
5561.5 17.6 11.0 6.6 43.0 308.4 5572.55 5572.55 5561.8
5568.1 55.2 17.6 37.7 1420.2 3052.2 5579.11 5572.55 5569.9
5612.3 -24.3 55.2 -79.5 6326.7 590.2 5623.35 5579.11 5622.8
5577.0 61.5 -24.3 85.7 7352.8 3776.7 5588.01 5623.35 5568.8
5627.4 -85.5 61.5 -147.0 21601.7 7313.7 5638.45 5588.01 5639.3
5530.9 -144.8 -85.5 -59.3 3514.8 20968.8 5541.87 5638.45 5508.4
5375.3 -52.5 -144.8 92.3 8523.2 2754.7 5386.09 5541.87 5339.3
5312.0 -82.4 -52.5 -29.9 892.0 6781.7 5322.77 5386.09 5298.2
5218.9 -38.7 -82.4 43.7 1908.6 1494.9 5229.64 5322.77 5198.5
5169.6 15.4 -38.7 54.0 2919.9 236.3 5180.28 5229.64 5159.7
5174.3 0.8 15.4 -14.6 212.2 0.6 5185.00 5180.28 5177.3
5164.5 30.1 0.8 29.3 860.3 908.3 5175.15 5185.00 5164.0
5184.0 -16.7 30.1 -46.8 2190.5 277.7 5194.64 5175.15 5190.3
5156.7 -43.4 -16.7 -26.8 716.3 1886.1 5167.31 5194.64 5152.1
5102.6 1.0 -43.4 44.4 1975.1 1.0 5113.24 5167.31 5091.9
5093.1 -132.3 1.0 -133.3 17779.2 17510.3 5103.66 5113.24 5092.9
4950.3 -54.8 -132.3 77.6 6017.5 2998.0 4960.75 5103.66 4919.1
4885.1 45.7 -54.8 100.4 10088.6 2087.4 4895.54 4960.75 4872.6
4920.4 11.9 45.7 -33.7 1138.3 142.8 4930.83 4895.54 4931.6
4921.9 -10.2 11.9 -22.2 492.8 105.0 4932.35 4930.83 4925.1
4901.3 -13.2 -10.2 -2.9 8.5 173.1 4911.67 4932.35 4899.2
4877.7 -151.4 -13.2 -138.3 19121.6 22933.5 4888.10 4911.67 4875.1
4716.0 -64.7 -151.4 86.7 7519.7 4189.0 4726.27 4888.10 4681.3
4641.1 -15.0 -64.7 49.7 2473.4 224.7 4651.30 4726.27 4627.3
4616.0 -40.7 -15.0 -25.7 662.7 1659.1 4626.13 4651.30 4614.0
4565.1 10.1 -40.7 50.8 2585.2 102.3 4575.24 4626.13 4557.3
4565.1 -8.0 10.1 -18.1 328.0 63.9 4575.24 4575.24 4569.3
4547.0 -41.7 -8.0 -33.7 1133.4 1735.8 4557.13 4575.24 4547.0
4495.3 41.3 -41.7 82.9 6874.7 1701.6 4505.37 4557.13 4487.5
4526.5 -14.5 41.3 -55.8 3111.7 211.2 4536.57 4505.37 4538.2
4501.9 41.2 -14.5 55.7 3105.6 1697.2 4511.96 4536.57 4500.5
4533.0 -3.0 41.2 -44.2 1953.0 9.0 4543.10 4511.96 4544.7
4519.9 12.7 -3.0 15.7 245.8 160.9 4530.02 4543.10 4521.2
4522.6 23.2 12.7 10.5 110.7 538.5 4532.63 4530.02 4527.6
4535.7 16.6 23.2 -6.6 43.1 276.8 4545.76 4532.63 4543.1
4542.2 50.6 16.6 34.0 1154.4 2561.7 4552.31 4545.76 4548.1
4582.7 -24.7 50.6 -75.3 5675.2 611.1 4592.83 4552.31 4596.4
4547.9 -6.5 -24.7 18.2 331.2 42.5 4557.98 4592.83 4543.9
4531.3 29.9 -6.5 36.4 1324.6 892.4 4541.36 4557.98 4531.7
4551.0 -92.9 29.9 -122.7 15065.7 8624.7 4561.15 4541.36 4560.0
4448.2 -26.7 -92.9 66.2 4379.6 712.4 4458.18 4561.15 4428.4
4411.5 -46.9 -26.7 -20.2 407.3 2197.1 4421.48 4458.18 4407.6
4354.7 118.0 -46.9 164.8 27175.3 13918.3 4364.63 4421.48 4346.3
4462.7 32.8 118.0 -85.2 7263.1 1072.7 4472.68 4364.63 4492.9
4485.4 0.1 32.8 -32.6 1064.7 0.0 4495.41 4472.68 4495.3
4475.5 -109.6 0.1 -109.7 12042.6 12015.8 4485.49 4495.41 4477.7
4355.9 -119.4 -109.6 -9.8 95.8 14257.1 4365.84 4485.49 4332.6
4226.7 276.2 -119.4 395.6 156479.5 76270.8 4236.51 4365.84 4201.6
4492.8 86.7 276.2 -189.5 35896.2 7518.4 4502.87 4236.51 4560.4
4569.4 124.9 86.7 38.2 1456.8 15594.3 4579.53 4502.87 4591.8
4684.1 52.5 124.9 -72.4 5240.0 2755.1 4694.29 4579.53 4715.0
4726.3 17.7 52.5 -34.8 1209.1 313.9 4736.56 4694.29 4739.9
4733.8 42.3 17.7 24.6 604.5 1789.6 4744.02 4736.56 4739.1
4765.8 -62.5 42.3 -104.8 10989.6 3909.8 4776.06 4744.02 4776.8
4693.0 -79.8 -62.5 -17.3 297.7 6365.3 4703.24 4776.06 4679.5
4603.1 2.6 -79.8 82.4 6786.4 6.7 4613.23 4703.24 4585.8
4595.5 -28.7 2.6 -31.3 979.5 823.7 4605.68 4613.23 4597.8
4556.7 -11.0 -28.7 17.7 313.8 120.7 4566.84 4605.68 4551.8
4535.7 -17.8 -11.0 -6.8 46.2 316.2 4545.75 4566.84 4535.0
4507.8 27.7 -17.8 45.5 2071.6 769.1 4517.88 4545.75 4505.6
4525.5 85.6 27.7 57.9 3349.6 7328.7 4535.55 4517.88 4534.0
4600.9 96.4 85.6 10.8 116.6 9293.9 4611.08 4535.55 4622.9
4687.1 38.1 96.4 -58.3 3396.9 1453.3 4697.34 4611.08 4711.3
4715.0 -36.4 38.1 -74.5 5554.0 1325.2 4725.24 4697.34 4725.2
4668.4 6.7 -36.4 43.1 1861.8 45.5 4678.59 4725.24 4661.1
4664.9 -120.0 6.7 -126.7 16061.3 14397.1 4675.13 4678.59 4667.9
4534.9 -92.8 -120.0 27.2 741.2 8605.1 4544.94 4675.13 4508.3
4432.1 -38.4 -92.8 54.3 2950.5 1478.0 4442.09 4544.94 4412.5
4383.7 -12.9 -38.4 25.5 651.1 167.1 4393.65 4442.09 4377.1
4360.8 33.7 -12.9 46.7 2177.1 1137.8 4370.77 4393.65 4360.4
4384.6 -65.3 33.7 -99.1 9816.6 4270.3 4394.57 4370.77 4395.2
4309.4 146.8 -65.3 212.1 45004.6 21548.9 4319.27 4394.57 4296.8
4446.2 19.0 146.8 -127.8 16342.6 359.4 4456.18 4319.27 4483.3
4455.1 -99.0 19.0 -117.9 13908.0 9796.0 4465.13 4456.18 4461.9
4346.2 215.3 -99.0 314.3 98786.4 46366.2 4356.14 4465.13 4325.5
4551.4 84.3 215.3 -131.0 17173.3 7103.3 4561.55 4356.14 4604.4
4625.6 95.5 84.3 11.2 125.6 9117.8 4635.73 4561.55 4647.1
4710.8 129.4 95.5 33.9 1152.3 16752.9 4721.05 4635.73 4734.7
4829.9 102.0 129.4 -27.4 751.0 10409.9 4840.24 4721.05 4861.3
4921.5 -56.5 102.0 -158.5 25137.6 3194.4 4931.92 4840.24 4946.0
4854.6 -41.1 -56.5 15.4 236.6 1692.4 4864.97 4931.92 4841.8
4803.1 -30.9 -41.1 10.3 105.6 952.6 4813.46 4864.97 4794.2
4762.0 32.7 -30.9 63.6 4040.3 1069.2 4772.27 4813.46 4755.6
4784.4 109.7 32.7 77.0 5922.8 12025.0 4794.68 4772.27 4793.0
4883.6 47.6 109.7 -62.1 3851.6 2265.5 4894.03 4794.68 4910.1
4920.8 -5.8 47.6 -53.4 2854.4 34.0 4931.23 4894.03 4932.4
4904.6 29.6 -5.8 35.4 1256.4 877.1 4914.97 4931.23 4903.6
4923.7 -203.4 29.6 -233.0 54285.7 41362.3 4934.17 4914.97 4931.1
4710.1 -220.4 -203.4 -17.0 289.7 48575.1 4720.36 4934.17 4663.1
4479.7 -139.9 -220.4 80.5 6477.8 19575.6 4489.72 4720.36 4429.6
4329.9 -178.6 -139.9 -38.7 1500.3 31914.6 4339.77 4489.72 4299.5
4141.5 522.0 -178.6 700.6 490885.4 272469.1 4151.22 4339.77 4102.7
4653.3 107.1 522.0 -414.8 172095.5 11479.4 4663.47 4151.22 4778.5
4750.1 -7.7 107.1 -114.9 13198.3 59.9 4760.42 4663.47 4776.6
4732.1 -76.4 -7.7 -68.7 4717.8 5841.2 4742.40 4760.42 4731.4
4645.5 96.5 -76.4 172.9 29895.4 9307.4 4655.71 4742.40 4628.9
4731.7 60.1 96.5 -36.4 1323.0 3612.2 4742.00 4655.71 4755.7
4781.5 161.1 60.1 101.0 10191.8 25939.0 4791.84 4742.00 4796.7
4932.1 391.7 161.1 230.6 53178.3 153397.7 4942.59 4791.84 4970.6
5313.0 201.5 391.7 -190.2 36172.5 40590.0 5323.81 4942.59 5404.6
5503.6 133.2 201.5 -68.3 4664.9 17734.1 5514.50 5323.81 5549.2
5625.7 84.5 133.2 -48.7 2369.9 7138.3 5636.72 5514.50 5654.6
5699.0 -29.9 84.5 -114.4 13090.7 895.6 5710.15 5636.72 5716.1
5658.0 -73.3 -29.9 -43.4 1881.5 5373.3 5669.10 5710.15 5648.2
5573.7 -26.3 -73.3 47.0 2204.8 694.2 5584.71 5669.10 5553.9
5536.4 88.4 -26.3 114.8 13169.1 7816.1 5547.35 5584.71 5527.9
5613.7 166.9 88.4 78.5 6163.7 27861.5 5624.78 5547.35 5632.1
5769.5 34.1 166.9 -132.8 17636.2 1163.9 5780.65 5624.78 5805.8
5792.4 57.0 34.1 22.9 524.9 3252.1 5803.58 5780.65 5797.1
5838.2 49.3 57.0 -7.7 59.1 2434.2 5849.40 5803.58 5848.2
5876.2 -141.3 49.3 -190.6 36334.5 19959.6 5887.49 5849.40 5884.2
5723.8 119.7 -141.3 261.0 68128.4 14336.6 5734.93 5887.49 5687.2
5832.3 185.9 119.7 66.1 4375.4 34552.2 5843.52 5734.93 5857.2
6006.8 -56.5 185.9 -242.4 58755.1 3193.6 6018.16 5843.52 6046.6
5938.9 -152.9 -56.5 -96.4 9295.0 23385.3 5950.25 6018.16 5921.6
5774.8 68.4 -152.9 221.3 48993.1 4681.5 5785.99 5950.25 5735.3
5832.0 -195.9 68.4 -264.3 69869.8 38379.9 5843.22 5785.99 5844.7
5625.0 -295.9 -195.9 -100.0 10002.9 87570.0 5636.07 5843.22 5575.9
5318.3 90.0 -295.9 385.9 148924.0 8097.2 5329.09 5636.07 5246.8
5397.4 146.9 90.0 56.9 3234.3 21566.3 5408.29 5329.09 5417.1
5533.3 196.7 146.9 49.9 2488.1 38705.0 5544.29 5408.29 5565.9
5718.9 -357.4 196.7 -554.1 307031.9 127712.4 5730.05 5544.29 5762.6
5350.7 -183.9 -357.4 173.4 30075.2 33836.4 5361.54 5730.05 5264.5
5156.1 -306.0 -183.9 -122.0 14884.8 93605.5 5166.78 5361.54 5111.8
4839.8 281.2 -306.0 587.2 344766.4 79083.6 4850.19 5166.78 4767.9
5110.5 195.5 281.2 -85.7 7344.3 38227.7 5121.05 4850.19 5176.7
5295.2 -27.0 195.5 -222.6 49535.3 731.5 5305.97 5121.05 5340.3
5257.4 61.6 -27.0 88.6 7849.3 3788.4 5268.16 5305.97 5249.9
5308.2 -85.4 61.6 -147.0 21595.7 7294.0 5318.98 5268.16 5321.5
5212.1 -105.6 -85.4 -20.2 408.7 11155.6 5222.80 5318.98 5191.0
5095.9 -47.5 -105.6 58.1 3372.9 2260.4 5106.49 5222.80 5070.4
5037.8 22.8 -47.5 70.3 4941.8 517.8 5048.36 5106.49 5026.4
5050.0 -7.7 22.8 -30.4 925.9 58.9 5060.58 5048.36 5055.2
5031.8 65.7 -7.7 73.3 5377.8 4311.1 5042.36 5060.58 5029.9
5086.9 94.4 65.7 28.7 826.5 8912.9 5097.49 5042.36 5102.1
5170.7 31.9 94.4 -62.5 3908.2 1017.1 5181.32 5097.49 5192.3
5191.9 -264.7 31.9 -296.6 87972.2 70070.5 5202.56 5181.32 5198.6
4916.8 -102.9 -264.7 161.8 26187.3 10585.0 4927.18 5202.56 4854.3
4803.5 92.5 -102.9 195.4 38169.1 8553.6 4813.87 4927.18 4780.0
4885.6 -123.4 92.5 -215.9 46602.8 15225.4 4896.03 4813.87 4908.0
4752.0 -144.2 -123.4 -20.8 431.8 20785.1 4762.24 4896.03 4723.7
4597.6 -60.1 -144.2 84.1 7071.5 3609.3 4607.79 4762.24 4565.1
4527.5 -65.9 -60.1 -5.8 33.3 4336.3 4537.57 4607.79 4515.2
4451.6 -80.5 -65.9 -14.7 215.1 6483.1 4461.64 4537.57 4438.3
4361.2 43.6 -80.5 124.1 15410.6 1902.8 4371.11 4461.64 4344.7
4394.8 81.7 43.6 38.1 1453.1 6681.7 4404.80 4371.11 4407.7
4466.6 -54.2 81.7 -136.0 18492.2 2942.5 4476.58 4404.80 4488.2
4402.3 -55.5 -54.2 -1.3 1.7 3084.9 4412.31 4476.58 4392.0
4336.9 -13.7 -55.5 41.9 1751.6 187.4 4346.80 4412.31 4326.5
4313.3 -190.5 -13.7 -176.9 31276.3 36305.9 4323.20 4346.80 4312.9
4113.1 -167.7 -190.5 22.9 522.7 28116.5 4122.77 4323.20 4071.6
3935.8 -154.0 -167.7 13.7 187.2 23715.3 3945.38 4122.77 3900.5
3772.4 38.4 -154.0 192.4 37011.8 1473.5 3781.83 3945.38 3741.0
3801.4 37.1 38.4 -1.3 1.7 1375.1 3810.81 3781.83 3815.5
3829.0 -28.2 37.1 -65.2 4257.0 793.1 3838.46 3810.81 3842.7
3791.4 2.9 -28.2 31.0 963.3 8.3 3800.84 3838.46 3789.8
3784.9 -54.1 2.9 -57.0 3247.4 2928.1 3794.29 3800.84 3790.6
3721.4 -24.7 -54.1 29.5 867.5 608.0 3730.76 3794.29 3713.9
3687.4 -27.8 -24.7 -3.2 10.0 773.9 3696.74 3730.76 3687.0
3650.3 -6.4 -27.8 21.4 458.3 41.1 3659.59 3696.74 3649.3
3634.6 -16.2 -6.4 -9.8 96.5 263.6 3643.88 3659.59 3638.8
3609.1 -8.7 -16.2 7.5 56.7 75.8 3618.36 3643.88 3611.1
3591.1 3.0 -8.7 11.7 136.3 8.8 3600.39 3618.36 3595.0
3584.9 -18.8 3.0 -21.7 472.9 352.7 3594.11 3600.39 3591.5
3556.9 -7.8 -18.8 11.0 120.0 61.2 3566.09 3594.11 3558.4
3539.9 30.0 -7.8 37.8 1431.5 900.6 3549.05 3566.09 3544.1
3560.6 62.8 30.0 32.8 1077.7 3948.6 3569.86 3549.05 3573.8
3614.2 -78.3 62.8 -141.1 19921.1 6131.5 3623.48 3569.86 3634.9
3526.7 -77.5 -78.3 0.8 0.7 6001.9 3535.91 3623.48 3514.3
3440.1 2.8 -77.5 80.2 6435.7 7.6 3449.25 3535.91 3428.3
3433.8 -50.8 2.8 -53.5 2866.1 2579.1 3442.89 3449.25 3441.0
3373.9 -18.6 -50.8 32.2 1036.0 345.9 3383.00 3442.89 3368.7
3346.3 19.6 -18.6 38.2 1461.2 385.2 3355.35 3383.00 3348.8
3356.9 -21.4 19.6 -41.0 1679.4 456.0 3365.95 3355.35 3368.4
3326.6 -47.1 -21.4 -25.8 665.0 2222.2 3335.56 3365.95 3328.5
3270.5 -21.9 -47.1 25.3 638.1 478.8 3279.41 3335.56 3266.5
3239.6 -5.4 -21.9 16.4 270.4 29.6 3248.57 3279.41 3241.8
3225.3 36.4 -5.4 41.9 1753.7 1327.8 3234.20 3248.57 3231.4
3252.8 0.0 36.4 -36.5 1330.5 0.0 3261.72 3234.20 3268.7
3243.8 -36.3 0.0 -36.3 1317.5 1320.2 3252.74 3261.72 3251.1
3965785.4 2588738.2 3207.47 3252.74
DW 1.5319376
var 2
2.222 autocorelatie poyitiva
SUMMARY OUTPUT 2.242
0.092637
0.008582
0.000455
102.562
247
2 22216.54 11108.27 1.056024 0.3494204
244 2566626 10518.96
246 2588843
Coefficients
55.3457 61.64174 0.897861 0.370145 -66.07211 176.76351
-0.013267 0.012358 -1.073512 0.284102 -0.03761 0.011076
-0.18351 0.12657 -1.44987 0.148379 -0.432819 0.0657991
b nu este semnifictiv diferit de 0, rezulta ca r=1
este proces DSP

Testul DF Dickey-Fuller
0.986733
SUMMARY OUTPUT dif1(yt)=f(t)
0.062443
0.003899
-0.000167
102.5939
247
1 10094.21 10094.21 0.959024 0.3283989
245 2578748 10525.5
246 2588843
Coefficients
Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0%Upper 95.0%
-10.45555 6.527892 -1.601673 0.110517 -23.31349 2.4023947 -23.313488 2.4023947
-0.089657 0.091552 -0.979298 0.328399 -0.269987 0.0906731 -0.2699874 0.0906731
et 2 et-1 2 yteo 2'
Corelatia intre BET t si BET t-1

6500
-4.0 5690.17
-11.5 -4.0 5666.86
87.4 -11.5 5636.93 6000
-42.4 87.4 5729.14
1.6 -42.4 5666.78
129.3 1.6 5652.67 5500
-110.9 129.3 5797.09
68.6 -110.9 5652.64
5000
148.0 68.6 5717.65 BET t
142.8 148.0 5887.90
78.3 142.8 6057.25 4500
12.0 78.3 6147.40
-104.9 12.0 6151.73
-13.5 -104.9 6007.06 4000
27.0 -13.5 5967.79
21.8 27.0 5982.14 3500
66.4 21.8 5993.38
-156.9 66.4 6059.93
-22.5 -156.9 5853.78 3000
101.2 -22.5 5801.76 3000 3500 4000 4500 5000 5500 60
86.0 101.2 5907.48
-86.1 86.0 6002.45 BET t-1
-13.4 -86.1 5885.96
-11.8 -13.4 5849.67
103.5 -11.8 5817.50 k rk rk^2
-33.0 103.5 5928.23 1 0.976 0.9533 0.00386 0.12507
44.1 -33.0 5877.09 2 0.949 0.9009 0.003662 0.12507
-36.7 44.1 5914.73 3 0.923 0.8514 0.003475 0.12507
32.9 -36.7 5855.73 4 0.898 0.8062 0.003304 0.12507
37.4 32.9 5878.70 5 0.874 0.7644 0.003146 0.12507
30.2 37.4 5910.31 6 0.850 0.7230 0.002988 0.12507
106.7 30.2 5933.90 7 0.825 0.6800 0.002822 0.12507
-80.9 106.7 6051.41 8 0.795 0.6314 0.002631 0.12507
-60.2 -80.9 5941.50 9 0.764 0.5839 0.002443 0.12507
1.1 -60.2 5847.68 10 0.734 0.5387 0.002264 0.12507
34.1 1.1 5828.81 11 0.705 0.4972 0.002098 0.12507
122.3 34.1 5854.06 12 0.678 0.4591 0.001945 0.12507
-87.7 122.3 5990.56 13 0.652 0.4249 0.001808 0.12507
-49.1 -87.7 5873.47 14 0.625 0.3909 0.00167 0.12507
48.1 -49.1 5793.45 15 0.595 0.3546 0.001522 0.12507
-118.5 48.1 5833.32 16 0.564 0.3184 0.001373 0.12507
-35.5 -118.5 5673.46 9.8784 0.0410
-67.5 -35.5 5608.29 n= 248
1.1 -67.5 5507.02 1/n 0.004032
-69.5 1.1 5489.73 sqrt(1/n) 0.0635
-45.6 -69.5 5389.41 t inv 1.969654
30.3 -45.6 5315.86 inf -0.125073
-62.4 30.3 5336.87 sup 0.12507
148.2 -62.4 5248.22
-39.4 148.2 5415.16 BARTLETT nestationaritate
-56.6 -39.4 5361.59 Q 2449.846
4.4 -56.6 5278.64 HI2 26.29623 nestationaritate
-94.1 4.4 5268.23
15.0 -94.1 5139.56 LB 2542.604 nestationaritate
86.4 15.0 5140.84
37.3 86.4 5235.45
17.3 37.3 5274.55
-113.6 17.3 5287.07
104.9 -113.6 5136.69
-15.3 104.9 5248.18
105.9 -15.3 5222.01
23.0 105.9 5340.77
44.1 23.0 5362.88
-23.0 44.1 5407.36 Evolutia indicelui BET in 14.11-20
6500.0
204.3 -23.0 5369.30
-34.1 204.3 5607.60
17.3 -34.1 5563.41
53.5 17.3 6000.0
5571.49
-34.8 53.5 5624.47
69.6 -34.8 5570.59
-97.5 69.6 5640.99
5500.0
-122.3 -97.5 5510.21
-16.6 -122.3 5340.85
-68.6 -16.6 5299.24
5000.0
-18.2 -68.6 5199.30
25.3 -18.2 5160.25
-2.1 25.3 5177.60
30.6 -2.1 4500.0
5164.36
-23.0 30.6 5190.67
-38.8 -23.0 5152.45
11.8 -38.8 5092.22
4000.0
-132.2 11.8 5093.05
-23.6 -132.2 4919.22
58.2 -23.6 4872.27
3500.0
0.8 58.2 4930.99
-13.4 0.8 4924.62
-11.1 -13.4 4898.78
-148.8 -11.1 3000.0
4874.58
123456789111
012
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
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77
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83
84
85
86
87
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89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
13
11
-30.0 -148.8 4680.70
-1.1 -30.0 4626.15
-38.8 -1.1 4612.66
18.0 -38.8 4555.84
-12.2 18.0 4567.74
-41.7 -12.2 4545.42
49.0 -41.7 4485.89
-26.3 49.0 4536.42
42.6 -26.3 4498.81
-14.7 42.6 4542.93
11.4 -14.7 4519.53
18.2 11.4 4525.81
9.2 18.2 4541.37
44.8 9.2 4546.37 600
-38.5 44.8 4594.77
-2.5 -38.5 4542.36
29.5 -2.5 4530.03 400
-101.8 29.5 4558.29
-7.0 -101.8 4426.81
-43.0 -7.0 4405.65 200
126.4 -43.0 4344.19
2.5 126.4 4490.59
BET-puncte
-9.8 2.5 4493.35
0
-111.8 -9.8 4475.82
123456789111
012
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
5
-96.1 -111.8 4330.72
301.3 -96.1 4199.34
19.1 301.3 4557.73 -200
102.5 19.1 4589.93

21.6 102.5 4713.41
4.1 21.6 4738.67 -400
37.0 4.1 4737.98
-73.5 37.0 4775.71
-66.2 -73.5 4678.51 -600
19.9 -66.2 4584.63
-31.0 19.9 4596.36
-6.0 -31.0 4550.27
-17.1 -6.0 4533.37 Corelatia pozitiva a re
29.9 -17.1 4503.96 600.0
77.1 29.9 4532.24
74.4 77.1 4621.17
400.0
14.0 74.4 4709.79
-46.6 14.0 4724.01
14.0 -46.6 4660.02 200.0
-123.0 14.0 4666.65
-66.2 -123.0 4507.06
0.0
et
-18.8 -66.2 4410.77

-6.4 -18.8 4375.12 -600.0 -400.0 -200.0
34.1 -6.4 4358.25
-200.0
-75.9 34.1 4392.92
159.4 -75.9 4294.59
-18.2 159.4 4480.87 -400.0
-105.7 -18.2 4459.90
236.1 -105.7 4323.53
31.3 236.1 4602.07 -600.0
73.9 31.3 4645.46
105.6 73.9 4733.25
70.6 105.6 4860.15
Lipsa corelatiei rez
800.0
600.0
-81.0 70.6 4945.26 Lipsa corelatiei rez
-28.3 -81.0 4841.35 800.0
-21.9 -28.3 4793.53
39.0 -21.9 4754.82
600.0
101.0 39.0 4792.05
21.1 101.0 4909.22
-17.4 21.1 4931.84 400.0
30.6 -17.4 4903.11
-210.7 30.6 4930.56 200.0
-173.4 -210.7 4662.65
et
-89.8 -173.4 4428.46 0.0
-148.2 -89.8 4297.61 -600.0 -400.0 -200.0 0.0
560.8 -148.2 4100.35
-200.0
-18.1 560.8 4775.53
-34.2 -18.1 4775.27
-75.7 -34.2 4730.41 -400.0
113.1 -75.7 4627.82
36.1 113.1 4754.39 -600.0
145.9 36.1 4795.63
353.2 145.9 4969.71
109.9 353.2 5404.16
87.5 109.9 5550.02
55.5 87.5 5656.04
-47.0 55.5 5717.94
-63.4 -47.0 5650.21
-6.6 -63.4 5555.83
96.9 -6.6 5529.52
148.5 96.9 5633.65
-2.3 148.5 5807.59
52.3 -2.3 5799.42
39.3 52.3 5850.51
-149.3 39.3 5886.74
156.3 -149.3 5689.87
161.0 156.3 5859.31
-96.4 161.0 6049.10
-135.6 -96.4 5924.62
107.9 -135.6 5738.12
-208.7 107.9 5847.01
-246.8 -208.7 5578.42
161.5 -246.8 5248.61
127.2 161.5 5417.93
164.1 127.2 5566.98
-401.0 164.1 5764.06
-97.7 -401.0 5266.63
-261.7 -97.7 5112.79
353.1 -261.7 4768.25
129.3 353.1 5175.95
-72.2 129.3 5340.48
69.1 -72.2 5250.68
-98.7 69.1 5322.13
-84.5 -98.7 5191.76
-22.1 -84.5 5070.94
34.2 -22.1 5026.50
-12.9 34.2 5055.14
67.6 -12.9 5029.83
79.2 67.6 5102.01
10.2 79.2 5192.41
-271.5 10.2 5198.99
-40.4 -271.5 4854.75
116.1 -40.4 4779.50
-145.8 116.1 4907.20
-115.9 -145.8 4723.17
-27.6 -115.9 4564.14
-53.6 -27.6 4513.72
-67.2 -53.6 4436.58
60.1 -67.2 4342.79
68.9 60.1 4405.45
-75.9 68.9 4486.01
-45.2 -75.9 4390.05
-3.3 -45.2 4324.36
-190.2 -3.3 4310.59
-126.2 -190.2 4069.17
-118.7 -126.2 3897.46
69.8 -118.7 3737.41
23.0 69.8 3811.33
-41.8 23.0 3838.63
4.5 -41.8 3785.82
-59.9 4.5 3786.54
-17.2 -59.9 3709.80
-27.4 -17.2 3682.73
-5.4 -27.4 3644.91
-20.4 -5.4 3634.23
-10.7 -20.4 3606.46
-0.9 -10.7 3590.29
-25.4 -0.9 3586.75
-9.4 -25.4 3553.69
25.8 -9.4 3539.25
49.7 25.8 3568.87
-99.0 49.7 3630.07
-65.0 -99.0 3509.65
14.6 -65.0 3423.34
-58.0 14.6 3435.76
-13.3 -58.0 3363.46
17.1 -13.3 3343.39
-32.9 17.1 3362.91
-49.1 -32.9 3322.99
-17.9 -49.1 3260.91
-7.6 -17.9 3236.04
30.3 -7.6 3225.54
-16.0 30.3 3262.80
-43.7 -16.0 3245.31
3191.63
dif1=f(yt-1)
SUMMARY OUTPUT
Multiple R 0.00635
R Square 4.03E-05
Standard E 102.7924
Observatio 247
ANOVA
Regression 1 104.4008 104.4008 0.009881 0.920901
Residual 245 2588738 10566.28
Total 246 2588843
Coefficients
Standard Error t Stat P-value Lower 95%
Intercept -6.039866 44.90178 -0.134513 0.893107 -94.48258
X Variable -0.00089 0.008957 -0.099401 0.920901 -0.018532
b= nesemnificativ
r= 0.99911
yt=f(yt-1)
SUMMARY OUTPUT
Multiple R 0.990298
R Square 0.980691
Adjusted R 0.980612
Standard E 102.7924
Observatio 247
ANOVA
Regression 1 1.31E+08 1.31E+08 12443.34 5.2E-212
Residual 245 2588738 10566.28
Total 246 1.34E+08
Coefficients
Intercept -6.039866 44.90178 -0.134513 0.893107 -94.48258
X Variable 0.99911 0.008957 111.5497 5.2E-212 0.981468
SUMMARY OUTPUT
yt=f(yt-1) fara constanta
Multiple R 0.990298
R Square 0.98069
Adjusted R 0.976624
Standard E 102.5871
Observatio 247
ANOVA
Regression 1 1.31E+08 1.31E+08 12493.19 3.2E-212
Residual 246 2588929 10524.1
Total 247 1.34E+08
Coefficients
Intercept 0 #N/A #N/A #N/A #N/A
X Variable 0.997918 0.001302 766.4248 0 0.995353
dif1=f(yt-1) fara constanta
SUMMARY OUTPUT
Multiple R 65535
R Square -3.35E-05
Standard E 102.5871
Observatio 247
ANOVA
Regression 1 -86.78225 -86.78225 -0.008246 #NUM!
Residual 246 2588929 10524.1
Total 247 2588843
Coefficients
Intercept 0 #N/A #N/A #N/A #N/A
X Variable -0.002082 0.001302 -1.599203 0.111059 -0.004647
r 0.997918
SUMMARY OUTPUT yt=f(f(yt-1,yt-2)
BET t si BET t-1 Regression Statistics
Multiple R 0.99081
R Square 0.981705
Adjusted R 0.981554
Standard Er 100.2461
Observatio 246
ANOVA
df SS MS
Regression 2 1.31E+08 65517657.9
Residual 243 2441976 10049.285077
Total 245 1.33E+08
Coefficients
Standard Error t Stat
Intercept 16.31237 44.33675 0.3679197515
X Variable 1.232156 0.062321 19.770992314
X Variable -0.237012 0.06286 -3.770501288
00 5000 5500 6000 6500

BET t-1
BL Autocorrelations: VAR00001
0.0635
0.0638 Auto- Stand.
0.0639 Lag Corr. Err. -1 -.75 -.5 -.25 0 .25 .5 .75 1 Box-L
0.0640 +----+----+----+----+----+----+----+----+
0.0642 1 .976 .063 . I**.***************** 239
0.0643 2 .949 .063 . I**.**************** 466
0.0644 3 .923 .063 . I**.*************** 681
0.0645 4 .898 .063 . I**.*************** 886
0.0647 5 .874 .063 . I**.************** 1081
0.0648 6 .850 .062 . I*.*************** 1266
0.0650 7 .825 .062 . I*.************** 1441
0.0651 8 .795 .062 . I*.************** 1604
0.0652 9 .764 .062 . I*.************* 1756
0.0654 10 .734 .062 . I*.************* 1896
0.0655 11 .705 .062 . I*.************ 2026
0.0657 12 .678 .062 . I*.************ 2147
13 .652 .062 . I*.*********** 2259
14 .625 .061 . I*.*********** 2363
15 .595 .061 . I*.********** 2457
16 .564 .061 . I*.********* 2542
Coef de autocorelatie de ordinul k

1.00000
0.90000
0.80000
0.70000
0.60000
0.50000
rk
0.40000
0.30000
0.20000
Evolutia indicelui BET in 14.11-2004-14.112005
0.10000 6500
0.00000
1 2 3 4 5 6 7k 8 9 10 11 12 13 14 15 16
6000
5500
5000
4500
4000
3500
3000
123456789111
012
13
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1
981
082
83
84
85
86
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89
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91
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95
96
97
98
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100
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135
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232
233
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242
243
244
245
246
247
248
Diferentele de ord. 1 la indicele BET
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153
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208
209
210
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21
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2
zile
Corelatia pozitiva a reziduurilor et, regr 1

600.0
400.0
200.0
0.0
0.0 -400.0 -200.0 0.0 200.0 400.0 600.0
-200.0
-400.0
-600.0
et-1
Lipsa corelatiei reziduurilor et, regr 2

800.0
600.0
Lipsa corelatiei reziduurilor et, regr 2
800.0
600.0
400.0
200.0
0.0
00.0 -400.0 -200.0 0.0 200.0 400.0 600.0 800.0
-200.0
-400.0
-600.0
et-1
dif et=f(et-1)
SUMMARY OUTPUT
Multiple R 0.619413
R Square 0.383673
Adjusted R 0.381147
Standard E 100.0864
Observatio 246
ANOVA
df SS MS F
Significance F Regression 1 1521564 1521564 151.89372429
Residual 244 2444219 10017.29
Total 245 3965783
Coefficients
Standard Error t Stat P-value
Upper 95% Intercept 0.218065 6.381284 0.034173 0.9727674023
82.40285 X Variable -0.766853 0.062222 -12.32452 1.862068E-27
0.016752
r= 0.233147
SUMMARY OUTPUT
Multiple R 0.233262
R Square 0.054411
Adjusted R 0.050536
Standard E 100.0864
Observatio 246
ANOVA
df SS MS F
Regression 1 140645.1 140645.1 14.040236806
Significance F Residual 244 2444219 10017.29
Total 245 2584864
Coefficients
Standard Error t Stat P-value
Intercept 0.218065 6.381284 0.034173 0.9727674023
Upper 95% X Variable 0.233147 0.062222 3.74703 0.0002233924
82.40285
1.016752
reziduurile necorelate
Significance F
Upper 95%Lower 95.0%

Upper 95.0%
#N/A #N/A #N/A
1.000482 0.995353 1.000482
Significance F
Upper 95%Lower 95.0%

Upper 95.0%
#N/A #N/A #N/A
0.000482 -0.004647 0.000482
=f(f(yt-1,yt-2) SUMMARY OUTPUT
Multiple R 0.990805
R Square 0.981695
Adjusted R 0.977521
Standard E 100.0683
Observatio 246
ANOVA
F Significance F df SS MS F Significance F
6519.634 7.5E-212 Regression 2 1.31E+08 65516978 6542.751 4.9E-212
Residual 244 2443337 10013.67
Total 246 1.33E+08
P-value Lower 95%Upper 95% Coefficients

0.713253 -71.02103 103.6458 Intercept 0 #N/A #N/A #N/A #N/A
1.655E-52 1.109397 1.354915 X Variable 1.232044 0.06221 19.80455 1.08E-52 1.109506
0.000205 -0.360831 -0.113193 X Variable -0.233684 0.062095 -3.763332 0.00021 -0.355994
25 .5 .75 1 Box-Ljung Prob.

+----+----+----+
**************** 239.301 .000
*************** 466.366 .000
************** 681.813 .000
************** 886.665 .000
************* 1081.695 .000
************* 1266.924 .000
************ 1441.867 .000
************ 1604.987 .000
*********** 1756.465 .000
*********** 1896.803 .000
********** 2026.879 .000
********** 2147.484 .000
********* 2259.580 .000
********* 2363.150 .000
******** 2457.508 .000
******* 2542.604 .000
Evolutia indicelui BET in 14.11-2004-14.112005

6500
4 15 16
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18
11
170
78
69
171
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Significance F
1.862E-27
Lower 95%Upper 95%

-12.35136 12.78749
-0.889413 -0.644293
Significance F
0.000223
Lower 95%Upper 95%

-12.35136 12.78749
0.110587 0.355707
Significance F
Upper 95%Lower 95.0%Upper 95.0%

#N/A #N/A #N/A
1.354581 1.109506 1.354581
-0.111373 -0.355994 -0.111373
4.112005
146
34
45
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Vt Zt
1 1
4 1
2 2
2 1
5 2
5 2
3 2
3 3
1 3
4 3
4 3
3 3
3 4
5 4
4 5
4 5
4 5
1 5
3 6
3 5
3 6
3 6
1 7
2 8
2 8
1.52 4.24 var
3 4 medii
BARTLETT BOX-PIERCE Q
Q V Q Z
k rk^2 V rk^2 Z
1 0.1053 0.8302 0.0111 0.6892
2 -0.0526 0.6887 0.0028 0.4743
3 0.0000 0.5755 0.0000 0.3312
4
5 sume 0.0139 1.4947
in interv inafara interv.
sqrt(1/n) 0.2 0.2 Q 0.3463 37.37 LB
t 1.96 1.96 < >
-0.392 -0.392 HI2 7.815 HI2
0.392 0.392
serie: aleatoare nestationara stationara nestationara

nr Zt Zt-1 t dif1 zt-1 t t
1 1 -12
2 1 1 -23 0 1 -23 -11
3 2 1 -21 1 1 -21 -10
4 1 2 -19 -1 2 -19 -9
5 2 1 -17 1 1 -17 -8
6 2 2 -15 0 2 -15 -7
7 2 2 -13 0 2 -13 -6
8 3 2 -11 1 2 -11 -5
9 3 3 -9 0 3 -9 -4
10 3 3 -7 0 3 -7 -3
11 3 3 -5 0 3 -5 -2
12 3 3 -3 0 3 -3 -1
13 4 3 -1 1 3 -1 0
14 4 4 1 0 4 1 1
15 5 4 3 1 4 3 2
16 5 5 5 0 5 5 3
17 5 5 7 0 5 7 4
18 5 5 9 0 5 9 5
19 6 5 11 1 5 11 6
20 5 6 13 -1 6 13 7
21 6 5 15 1 5 15 8
22 6 6 17 0 6 17 9
23 7 6 19 1 6 19 10
24 8 7 21 1 7 21 11
25 8 8 23 0 8 23 12
SUMMARY OUTPUT zt=f(zt-1,t)

LJUNG-BOX
Q V Q Z Regression Statistics
Multiple R 0.973708
0.000462 0.028717 R Square 0.948108
0.00012 0.020621 Adjusted R 0.943166
0 0.015053 Standard E 0.488636
Observatio 24
0.000582 0.064391
ANOVA
0.39293 43.46401 df SS MS F Significance F
Regression 2 91.61093 45.80546 191.8431 3.23E-14
7.815 Residual 21 5.014071 0.238765
Total 23 96.625
stationara nestationara Coefficients

Intercept 3.74731 0.870984 4.302387 0.000315 1.935999 5.55862
X Variable 0.098528 0.225718 0.436508 0.666923 -0.370879 0.567935
X Variable 0.127721 0.031455 4.060401 0.000562 0.062306 0.193136
serie TSP
dif1 z=f(zt-1,t)
SUMMARY OUTPUT
Multiple R 0.663543
R Square 0.44029
Adjusted R 0.386984
Standard E 0.488636
Observatio 24
ANOVA
Regression 2 3.944262 1.972131 8.259706 0.002257
Residual 21 5.014071 0.238765
Total 23 8.958333
Coefficients
Intercept 3.74731 0.870984 4.302387 0.000315 1.935999 5.55862
X Variable -0.901472 0.225718 -3.99379 0.000659 -1.370879 -0.432065
X Variable 0.127721 0.031455 4.060401 0.000562 0.062306 0.193136
r 0.098528
z=f(t)
SUMMARY OUTPUT
Multiple R 0.973467
R Square 0.947637
Adjusted R 0.945257
Standard E 0.479563
Observatio 24
ANOVA
Regression 1 91.56543 91.56543 398.1448 1.4E-15
Residual 22 5.059565 0.22998
Total 23 96.625

Intercept 4.125 0.09789 42.13901 1.56E-22 3.921988 4.328012
X Variable 0.141087 0.007071 19.95357 1.4E-15 0.126423 0.155751
SUMMARY OUTPUT
Multiple R 0.975178
R Square 0.950972
Adjusted R 0.948841
Standard E 0.475345
Observatio 25
ANOVA
Regression 1 100.8031 100.8031 446.1237 1.47E-16
Residual 23 5.196923 0.225953
Total 24 106
Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%Lower 95.0%
Upper 95.0%
Intercept 4 0.095069 42.07467 2.9E-23 3.803335 4.196665 3.803335 4.196665
X Variable 0.278462 0.013184 21.12164 1.47E-16 0.251189 0.305734 0.251189 0.305734
Upper 95%
Upper 95.0%

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bet yt y t-1

SUMMARY OUTPUT yt=f(yt-1)

Plot Symbols: Autocorrela

Total cases: 248 Computa

Partial Autocorrelations: VAR

Plot Symbols: Autocorrela

Total cases: 248 Computa

-123 45.27 3250 3 0.0 10287864

100 44.12 5863 51 10633.4 34452322 40 34452322 34048742

117 -113.7 5775 -109 10491.8 33408400 99 33408400 32311494 y yte

Upper 95% Coefficients

r= 0.976085 0.95200492 1.0001654

SUMMARY OUTPUT dif1(y)=f(yt-1)

r= 0.981565 0.96423281 0.9988968

Plot Symbols: Autocorrelations * Two Standard Error Limits .

Total cases: 248 Computable first lags: 247

Partial Autocorrelations: VAR00001

Plot Symbols: Autocorrelations * Two Standard Error Limits .

Total cases: 248 Computable first lags: 247.

SUMMARY OUTPUT dif1(y)=f(t)

procesul DIF 1 este stationar

10580317.5 7.3 10.37865 10.350 10.417 -0.039 0

Regression Statistics Regression Statistics

CoefficientsStandard Error t Stat P-value Lower 95% Upper 95% Coefficients

SUMMARY OUTPUT SUMMARY OUTPUT

CoefficientsStandard Error t Stat P-value Lower 95% Upper 95% Coefficients

SUMMARY OUTPUT disp ut=f(yt-1^2,ut-1^2)

CoefficientsStandard Error t Stat P-value Lower 95% Upper 95%

mai buna ARCH

CoefficientsStandard Error t Stat P-value Lower 95% Upper 95%

SUMMARY OUTPUT disp ut=f(ut-1^2,ut-2^2)

Regression Statistics se renunta la ea

CoefficientsStandard Error t Stat P-value Lower 95% Upper 95%

107.12 #DIV/0! #DIV/0!

SUMMARY OUTPUT SUMMARY OUTPUT

Corelaţia pozitivă între indicele BET t şi BET t-1

testare efecte ARCH

5344 11754.3 11766.5 439963 440505 26758481

4487 11399.1 11413.7 433235 433597 28569346

SUMMARY OUTPUT et^2=f(et-1^2) SUMMARY OUTPUT

Regression Statistics Regression Statistics

SUMMARY OUTPUT et^2=f(et-1^2, et-2^2)

Corelaţia serială a reziduurilor

Corelaţia serială a reziduurilor

-600 -400 -200 0 200 400 600

disp et=f(et-1^2, disp et-1) SUMMARY OUTPUT

Standard Error t Stat P-value Lower 95%Upper 95% Coefficients

P-value Lower 95%Upper 95%Lower 95.0%Upper 95.0%

Regression Statistics Regression Statistics

yt=f(yt-1,t) var 2 b nu este semnifictiv diferit de 0,

SUMMARY OUTPUT este proces DSP

ANOVA Regression Statistics

5778.8 -62.1 3858.3 5789.99

b nu este semnifictiv diferit de 0, rezulta ca r=1

este proces DSP

SUMMARY OUTPUT dif1(yt)=f(t)

Corelatia intre BET t si BET t-1

102.5 19.1 4589.93

-18.8 -66.2 4410.77

dif1=f(yt-1) fara constanta

00 5000 5500 6000 6500

Coef de autocorelatie de ordinul k

Corelatia pozitiva a reziduurilor et, regr 1