Date Tata steel HDFC HUL return_TS return_HDFC return_HUL

5/8/2020 265.9564 1652.804 2053.16 0.0121288533 -0.0185357896 -0.0202392659

5/11/2020 269.2217 1622.725 2012.43 -0.0085813111 0.0094341493 -0.0181203384
5/12/2020 266.9311 1638.18 1976.613 0.0106573655 0.0222437135 -0.0079168506
5/13/2020 269.8065 1675.448 1961.087 -0.0305285646 -0.04921906 0.0051344618
5/14/2020 261.8138 1596.853 1971.208 0.0177363855 0.0018953545 0.0128193002
5/15/2020 266.5412 1599.885 1996.806 -0.026271371 -0.0816744781 -0.0133899164
5/18/2020 259.7181 1479.082 1970.422 0.0202243495 0.0183718306 -0.0150337463
5/19/2020 265.0791 1506.764 1941.238 0.0400634044 0.0531394949 0.007685178
5/20/2020 276.1423 1591.326 1956.272 0.0010579349 -0.0191698955 -0.0101223491 Expected return
5/21/2020 276.4348 1561.394 1936.669 -0.0333394051 -0.0525535302 0.0085517863
5/22/2020 267.516 1483.434 1953.374 0.0215685543 -0.0095861834 -0.0051066104
5/26/2020 273.4131 1469.349 1943.449 0.0258725696 0.0439776837 0.0101595705
5/27/2020 280.6749 1536.94 1963.396 0.0243943992 0.0334041267 0.0058956584
5/28/2020 287.693 1590.054 1975.041 0.0001693741 0.0203693166 0.0230394245
5/29/2020 287.7417 1623.116 2021.618 0.0630057658 0.0451159145 0.0242820521
6/1/2020 307.0901 1699.804 2071.928 0.0133104196 0.042430075 -0.0005456268
6/2/2020 311.2328 1775.123 2070.798 -0.0066204064 0.0117085737 0.0061777105
6/3/2020 309.1859 1796.153 2083.671 0.0092144008 -0.0411055916 4.7099755E-05
6/4/2020 312.0613 1725.237 2083.769 0.0565788362 0.0014437346 -0.0158075822
6/5/2020 330.7762 1727.731 2051.342 -0.0170838073 -0.0026395707 0.0114125925
6/8/2020 325.2202 1723.182 2075.023 -0.0039115262 0.0054480042 -0.0024686364
6/9/2020 323.9531 1732.622 2069.914 -0.0249807362 0.0212459995 0.0061805681
6/10/2020 316.0577 1770.232 2082.786 -0.0347853646 -0.012674155 -0.006027965
6/11/2020 305.4331 1748.077 2070.307 0.0130708207 0.0030681585 0.0001662463
6/12/2020 309.4783 1753.457 2070.651 -0.0374122694 -0.0230567282 -0.0110109472
6/15/2020 298.3175 1713.939 2048.099 0.0090659621 0.0387316742 -0.0038287578
6/16/2020 301.0468 1782.997 2040.288 -0.0019464659 -0.0160252519 0.0009142026
6/17/2020 300.462 1754.875 2042.155 0.0309650993 0.0329353703 -0.0062460123
6/18/2020 310.0631 1814.641 2029.478 0.0081073376 -0.0087271247 0.0197827111
6/19/2020 312.5974 1798.941 2070.437 0.0161067104 -0.0114391957 0.0038318446
6/22/2020 317.7148 1778.596 2078.401 0.017927027 0.0111215993 0.0255803792
6/23/2020 323.5144 1798.599 2132.963 -0.0179419733 -0.022977009 -0.0120406479
6/24/2020 317.8123 1758.201 2107.587 -0.00913027 -0.0092929756 0.019717891
6/25/2020 314.9368 1742.012 2149.98 0.0024698893 -0.0062435403 -0.0087966972
6/26/2020 315.7166 1731.203 2131.232 -0.008248998 -0.0156957812 0.0131702016
6/29/2020 313.1335 1704.451 2159.675 0.0165314008 0.0069244295 -0.0013531692
6/30/2020 318.3971 1716.335 2156.757 -0.0086459487 0.0439177628 -0.0044232218
7/1/2020 315.6678 1795.175 2147.259 0.0331392548 0.0286084734 -0.0086672575
7/2/2020 326.4874 1848.045 2128.808 -0.0151537587 -0.0018293966 0.0100979211
7/3/2020 321.6137 1844.671 2150.524 0.0259777742 -0.0090965686 -0.0055975708
7/6/2020 330.1914 1828.042 2138.553 -0.0260487742 0.0094872247 -0.0034585731
7/7/2020 321.8087 1845.551 2131.182 0.0121185451 -0.0011408118 0.014592611
7/8/2020 325.7563 1843.448 2162.742 0.0296167152 0.0403707683 -0.0046878516
7/9/2020 335.6986 1921 2152.651 -0.0171292964 -0.0184227966 0.0215621744
7/10/2020 330.0452 1886.25 2200.09 0.0099414841 -0.0215272136 0.0182981993
7/13/2020 333.3593 1846.5 2241.098 -0.0154394711 -0.0303266888 -0.0136480568
7/14/2020 328.2906 1792.15 2210.923 0.0069290647 -0.0010893046 0.017756957
7/15/2020 330.5813 1790.2 2250.892 0.0076079685 -0.0012023724 0.0055512169
7/16/2020 333.1156 1788.05 2263.457 0.0260757169 0.0099390648 0.0200037782
7/17/2020 342.0344 1806 2309.659 0.0042566021 -0.0007203685 -0.0015443944
7/20/2020 343.4965 1804.7 2306.097 0.0186577787 0.0417861697 -0.0055867499
7/21/2020 350.0273 1883.4 2293.285 -0.0257069414 -0.0004249697 -0.0309095159
7/22/2020 341.2546 1882.6 2224.526 0.0053977069 -0.0042675771 -0.0167995797
7/23/2020 343.1066 1874.6 2187.773 -0.0171940782 -0.0182786202 -0.0009279768
7/24/2020 337.3069 1840.95 2185.744 0.0192716679 0.0061275699 0.0054918503
7/27/2020 343.9352 1852.3 2197.814 0.0153481599 0.0237436043 0.0093865796
7/28/2020 349.2962 1897.35 2218.64 0.0415886032 -0.0094971939 -0.0050418267
7/29/2020 364.4533 1879.5 2207.51 -0.0196345105 -0.0378244064 -0.0119329591
7/30/2020 357.4352 1811 2181.479 -0.0008188601 -0.0157893398 0.0064707618
7/31/2020 357.1428 1782.85 2195.686 0.0183523333 -0.0245675539 -0.0024494078
8/3/2020 363.8197 1740.1 2190.321 -0.0026863592 0.0220311763 -0.0030485373
8/4/2020 362.845 1779.3 2183.664 0.059499709 -0.0013506809 -0.0014808988
8/5/2020 385.8 1776.9 2180.435 0.0368243676 0.0049001763 0.0116641836
8/6/2020 400.55 1785.65 2206.168 0.0085396337 -0.0043308716 -0.0044784581
8/7/2020 404 1777.95 2196.332 0.0149944998 0.0115361097 -0.0017220235
8/10/2020 410.15 1798.7 2192.557 0.0151279093 0.0145999536 0.0017642252
8/11/2020 416.45 1825.35 2196.432 -0.0040988837 -0.0057301993 -0.0070839439
8/12/2020 414.75 1814.95 2180.982 -0.0036297641 -0.0054845582 0.0016145964
8/13/2020 413.25 1805.05 2184.509 0.0124268416 -0.0073105267 -0.0113850713
8/14/2020 418.45 1791.95 2159.918 0.0152959167 0.0045552164 0.0100863057
8/17/2020 424.95 1800.15 2181.926 0.022541663 0.0109881052 0.0082643096
8/18/2020 434.75 1820.15 2200.108 -0.0068318946 0.0044031983 -0.0094592961
8/19/2020 431.8 1828.2 2179.491 0.001387618 -0.0241155793 -0.0036144837
8/20/2020 432.4 1785.15 2171.642 -0.0081604105 0.0093507081 0.0074249142
8/21/2020 428.9 1802 2187.887 0.0012807498 0.0143040908 -0.0034861617
8/24/2020 429.45 1828.15 2180.286 -0.0127344043 0.0010654893 -0.0070211645
8/25/2020 424.05 1830.1 2165.085 0.0021179526 -0.0082362074 0.0016949887
8/26/2020 424.95 1815.15 2168.761 0.0044511983 0.0255536041 -0.0053194572
8/27/2020 426.85 1862.75 2157.285 -0.0064843196 0.0104388141 -0.0089686839
8/28/2020 424.1 1882.4 2138.109 -0.026379462 -0.0271464815 -0.0163410539
8/31/2020 413.2 1832.65 2103.732 0.0368298089 0.0096728132 0.0204934085
9/1/2020 429 1850.55 2147.747 0.0224450401 -0.0126128859 -0.0093385823
9/2/2020 438.85 1827.5 2127.875 -0.0022838871 -0.0099195659 -0.0011686728
9/3/2020 437.85 1809.55 2125.391 -0.039283215 -0.0223446605 -0.0068246532
9/4/2020 421.3 1770 2110.985 0.0026041809 0.0115321385 0.0175483868
9/7/2020 422.4 1790.65 2148.691 -0.043091694 -0.00736968 -0.0094993014
9/8/2020 404.95 1777.55 2128.472 0.029478701 -0.0094267858 -0.0046899328
9/9/2020 417.25 1760.95 2118.536 -0.0229222999 0.0091157599 0.0007732398
9/10/2020 407.9 1777.15 2120.175 -0.0012272951 -0.005061686 0.0117402137
 9/11/2020 407.4 1768.2 2145.362 -0.0079168281 -0.0177861631 -0.0168355087
9/14/2020 404.2 1737.3 2109.842 0.0025909636 0.0122242435 0.0004471548
9/15/2020 405.25 1758.8 2110.786 -0.0017303474 0.0052035922 0.008887455
9/16/2020 404.55 1768 2129.714 -0.0146726256 -0.0135580728 -0.007189205
9/17/2020 398.7 1744.35 2114.512 -0.0086011235 -0.012508664 -0.0140563398
9/18/2020 395.3 1722.8 2085.202 -0.0590756544 -0.0081044492 -0.0298851679
9/21/2020 373.25 1708.95 2024.693 0.0025387813 -0.0199033036 -0.0054272487
9/22/2020 374.2 1675.6 2013.764 -0.0358477841 -0.0050986744 0.012545355
9/23/2020 361.25 1667.1 2039.349 -0.0506034425 -0.0178898071 0.0040515536
9/24/2020 343.85 1637.8 2047.645 0.0228757833 0.0084756021 0.0087300964
9/25/2020 351.9 1651.8 2065.678 0.0250727738 0.0181882873 -0.0076335133
9/28/2020 360.95 1682.4 2050.029 0.024459427 0.0179780107 -0.0148042338
9/29/2020 370 1713.2 2020.123 -0.0284920083 0.0150060928 0.0169467029
9/30/2020 359.75 1739.3 2054.948 0.0142485596 0.0282697214 0.0127684635
10/1/2020 364.95 1789.9 2081.525 0.0450084581 -0.0025485468 0.0076028551
10/5/2020 382.15 1785.35 2097.472 -0.0127202542 0.0770761606 0.0022921888
10/6/2020 377.35 1934.45 2102.291 -0.0176645583 0.0078726524 0.0109613389
10/7/2020 370.8 1949.8 2125.59 0.0073617992 -0.0007699019 0.0099268661
10/8/2020 373.55 1948.3 2146.902 -0.0102771819 0.0045727173 -0.0098848849
10/9/2020 369.75 1957.25 2125.888 0.0033692722 0.0043746858 -0.0005845415
10/12/2020 371 1965.85 2124.646 -0.0095238095 -0.011838279 -9.354432E-05
10/13/2020 367.5 1942.85 2124.448 0.0214351971 0.018142779 0.0092440708
10/14/2020 375.55 1978.75 2144.269 -0.0048160214 -0.0162549558 -0.0026015576
10/15/2020 373.75 1947.1 2138.705 0.0510346723 0.0066070114 -0.0009299588
10/16/2020 393.85 1960.05 2136.718 0.0036680548 0.0362147336 0.0125126144
10/19/2020 395.3 2033.7 2163.793 -0.0084183367 -0.0086546564 -0.0021627658
10/20/2020 392 2016.25 2159.123 0.0294627239 0.0155510456 -0.0045998788
10/21/2020 403.9 2048.1 2149.237 0.0147579408 -0.0027172157 0.0074334742
10/22/2020 409.95 2042.55 2165.333 0.0316522825 0.0090000719 -0.0165590208
10/23/2020 423.35 2061.1 2130.061 -0.0373682915 0.0059801794 0.010568812
10/26/2020 408.1 2073.5 2152.814 0.0070559465 -0.0168452422 0.0045711316
10/27/2020 411 2039.15 2162.7 -0.021625683 -0.0356009107 0.0007624215
10/28/2020 402.3 1969.05 2164.35 -0.0026167925 -0.0179914949 -0.0199095227
10/29/2020 401.25 1934.25 2122.1 0.0221762054 -0.0059810168 -0.0245256833
10/30/2020 410.35 1922.75 2071.3 -0.0187438387 0.0586982707 0.0003378142
11/2/2020 402.8 2042.65 2072 0.009832842 0.0414368845 -0.0079291966
11/3/2020 406.8 2130.95 2055.7 -0.0071799803 -0.0206431741 0.0021116468
11/4/2020 403.9 2087.85 2060.05 0.0506522914 0.0052645693 0.0201203639
11/5/2020 425.45 2098.9 2102.35 0.0019938448 0.0178517798 -0.0039157636
11/6/2020 426.3 2137.05 2094.15 0.0258227099 0.0064622154 0.0180066803
11/9/2020 437.6 2150.95 2132.55 0.0096186487 0.053216604 0.0018955578
11/10/2020 441.85 2271.85 2136.6 0.0688092603 0.0225238164 -0.0025573968
11/11/2020 474.5 2324.2 2131.15 -0.0028532305 0.0027888618 0.0278044767
11/12/2020 473.15 2330.7 2192.1 0.0274409168 -0.0105359218 -0.0030887499
11/13/2020 486.5 2306.4 2185.35 0.0694337965 0.0173614817 -0.0035589638
11/17/2020 522.8 2347.15 2177.6 -0.0112185455 0.0069598051 -0.0213404615
11/18/2020 517 2363.6 2132.1 0.012227787 -0.0167334055 -0.0006336257
11/19/2020 523.4 2324.7 2130.75 0.0171814181 0.0038778999 -0.0049522462
11/20/2020 532.55 2333.75 2120.25 0.0187028262 -0.0368535406 0.0042969392
11/23/2020 542.7 2250.8 2129.4 0.0099425554 -0.014948323 0.0129557998
11/24/2020 548.15 2217.65 2157.35 -0.0132163105 -0.0124868066 -0.0100662495
11/25/2020 541 2190.3 2135.85 0.049042051 0.0215541306 0.0085181754
11/26/2020 568.9 2238.55 2154.2 0.0154883661 0.0084162032 -0.0074829297
11/27/2020 577.85 2257.55 2138.2 0.0131500506 0.0205643953 -0.0024143372
12/1/2020 585.55 2304.95 2133.05 0.0309474754 -0.0129199101 0.0029215163
12/2/2020 604.25 2275.55 2139.3 0.02681595 -0.0096056382 -0.0054282923
12/3/2020 620.9 2253.9 2127.75 0.0027304081 -0.0034503485 0.025844681
12/4/2020 622.6 2246.15 2184.2 -0.0132638357 0.0247910987 0.0318905898
12/7/2020 614.45 2303.25 2256.15 -0.0005699984 0.0028573707 0.0017035832
12/8/2020 614.1 2309.85 2260 -0.0079605679 -0.0020172424 0.0140476187
12/9/2020 609.25 2305.2 2292.2 0.0014750864 -0.0067694459 0.024782489
12/10/2020 610.15 2289.7 2350.45 0.0186569779 0.0027873989 0.0102326767
12/11/2020 621.75 2296.1 2374.75 0.007898535 0.0019125851 -0.0016872298
12/14/2020 626.7 2300.5 2370.75 0.0133816118 0.0214385572 -0.0218529557
12/15/2020 635.2 2350.9 2320.05 0.0126680101 0.0301768303 0.0101964216
12/16/2020 643.35 2424.05 2343.95 -0.0125117276 0.028397874 -0.0123741638
12/17/2020 635.4 2494.9 2315.3 -0.006335128 -0.0064341561 0.0077781407
12/18/2020 631.4 2478.95 2333.45 -0.0609090121 -0.0276931583 -0.0119256708
12/21/2020 595.15 2412.15 2305.95 0.0101454902 -0.0045601996 0.0021852224
12/22/2020 601.25 2401.2 2311 0.0325824618 -0.0002082726 0.0250385367
12/23/2020 621.5 2400.7 2370.35 0.0012053033 0.021819313 0.0132791766
12/24/2020 622.25 2454.25 2402.25 0.0166719156 0.0076420366 -0.0055883874
12/28/2020 632.8 2473.15 2388.9 -0.0015035405 0.0188443464 -0.0019292257
12/29/2020 631.85 2520.65 2384.3 0.0143514736 -0.0014700137 0.0092662046
12/30/2020 641.05 2516.95 2406.6 0.0038847021 0.0162784903 -0.0046757103
12/31/2020 643.55 2558.6 2395.4 -0.0006997543 0.0043001204 -0.0032878276
1/1/2021 643.1 2569.65 2387.55 0.0716709116 0.0037607132 0.0160519064
1/4/2021 692.75 2579.35 2426.5 -0.0177023473 0.0270825139 0.0098141432
1/5/2021 680.7 2651.15 2450.55 0.0047518093 -0.0056137476 -0.0137550156
1/6/2021 683.95 2636.35 2417.3 0.0536838298 0.0094867745 -0.0204529409
1/7/2021 722.75 2661.6 2368.85 -0.0136746143 -0.0030904486 0.0093467102
1/8/2021 713 2653.4 2391.2 -0.0251617541 0.0357058505 0.0156025464
1/11/2021 695.5 2751.65 2429.1 -0.001079525 -0.0020575025 -0.0223915982
1/12/2021 694.75 2746 2375.9 0.0203750871 -0.0283681303 -0.0014963238
1/13/2021 709.2 2670.25 2372.35 -0.0043191785 0.0052341574 0.0109232455
1/14/2021 706.15 2684.3 2398.55 -0.0008504514 -0.0198902331 -0.0201604104
1/15/2021 705.55 2631.95 2351.15 -0.0590663094 -0.0255416348 -0.007952415
1/18/2021 666.2 2566.4 2332.6 0.0212297238 0.0333345901 0.0129275777
1/19/2021 680.65 2654.9 2363.15 0.013765123 0.0125895297 -0.0030560713
1/20/2021 690.15 2688.75 2355.95 -0.035018051 -0.0097643414 0.0049415883
1/21/2021 666.8 2662.75 2367.65 -0.0306823953 -0.0283667206 0.0173076532
1/22/2021 646.95 2589.3 2409.35 0.0078975068 -0.0147750233 -0.004063177
1/25/2021 652.1 2551.6 2399.6 -0.0420261881 -0.0344395027 -0.0034709358
1/27/2021 625.8 2466.65 2391.3 -0.0029649426 -0.0168607243 -0.0395149326
1/28/2021 623.95 2425.75 2300.4 -0.0379272845 -0.0201871517 -0.016122621
1/29/2021 601.15 2377.75 2263.9 0.0550184684 0.0793014831 -0.0068041463
2/1/2021 636.15 2582.55 2248.6 0.0086488825 0.0282579933 -0.0081374375
2/2/2021 641.7 2657.65 2230.45 0.0172294966 0.0170868185 0.0010749253
2/3/2021 652.95 2703.85 2232.85 0.0048010427 0.0014771866 0.0056777696
2/4/2021 656.1 2707.85 2245.6 0.0423995431 0.0049241716 0.0105527309
2/5/2021 685.15 2721.25 2269.55 0.0252525244 0.0052274858 -0.0147095649
2/8/2021 702.9 2735.55 2236.65 -0.0047888443 0.0042769264 -0.0092046935
2/9/2021 699.55 2747.3 2216.25 -0.0134733618 0.008373922 0.008611049
2/10/2021 690.25 2770.5 2235.5 0.0061195104 -0.004295615 0.0121520106
2/11/2021 694.5 2758.65 2263 -0.0206480825 0.0113606518 -0.0095692492
2/12/2021 680.45 2790.35 2241.55 -0.0128005303 0.0244895142 -0.011895133
2/15/2021 671.85 2860.4 2215.2 0.0382908688 -0.0013477282 -0.0086971687
2/16/2021 698.6 2856.55 2196.1 -0.0027270905 -0.0185958311 -0.014880631
2/17/2021 696.7 2804.4 2163.9 0.0016478671 -0.0217323625 -0.0079417767
2/18/2021 697.85 2744.75 2146.85 -0.0405575949 -0.0033998242 0.0157030849
2/19/2021 670.65 2735.45 2181.1 0.0189437572 -0.0313501114 -0.0062280861
2/22/2021 683.6 2652.3 2167.6 0.062919841 -0.0100537522 0.0053458309
2/23/2021 729.5 2625.9 2179.25 -0.0036459023 0.0323722148 -0.0001835381
2/24/2021 726.85 2713.75 2178.85 0.0216045867 -0.0110842027 -0.0071881148
2/25/2021 742.9 2684 2163.3 -0.0393117466 -0.0570882606 -0.0146572544
2/26/2021 714.8 2539.05 2132.05 0.0210901448 0.0261765039 0.0052952568
3/1/2021 730.2 2607.3 2143.4 0.0068008704 -0.0165309168 0.0158635643
3/2/2021 735.2 2564.9 2177.95 0.0534311824 0.0331348558 0.0070891493
3/3/2021 776.7 2652.8 2193.5 -0.02453507 -0.0269433646 0.0015475908
3/4/2021 758.1 2583.2 2196.9 -0.0338197033 -0.0157082281 0.0019082258
3/5/2021 733.3 2543.25 2201.1 0.0054926265 -0.0132672163 -0.0122094449
3/8/2021 737.35 2509.95 2174.55 -0.0435182579 0.0260942113 0.0108937689
3/9/2021 706.6 2577.2 2198.5 0.0243027281 0.0086739298 0.0131741799
3/10/2021 724.2 2599.75 2227.85 -0.0060429758 -0.0124228054 -0.0104774228
3/12/2021 719.85 2567.85 2204.75 0.022009391 -0.0128987229 0.002759164
3/15/2021 736.05 2535.15 2210.85 -0.0165734413 -0.0097181727 0.0147946571
3/16/2021 724.05 2510.75 2244.05 -0.0278960297 0.0012332072 -0.0079728696
3/17/2021 704.4 2513.85 2226.3 0.0007801801 0.0010728779 -0.0050108786
3/18/2021 704.95 2516.55 2215.2 0.0382673779 0.0061607147 0.041889274
3/19/2021 733 2532.15 2312.05 0.0141223941 0.0009272432 0.0174867852
3/22/2021 743.5 2534.5 2353.2 -0.0034415115 -0.0100426217 -0.006802679
3/23/2021 740.95 2509.3 2337.3 -0.0533835467 -0.0173938326 -0.0080651903
3/24/2021 703.4 2466.4 2318.6 0.0269746844 0.0024469854 -0.0364542801
3/25/2021 722.9 2472.45 2237.05 0.0570664562 0.0234803718 0.034880649
3/26/2021 766.65 2531.9 2317.9 0.0413879037 0.0279122296 0.0337050956
3/30/2021 799.75 2604.6 2398.75 0.0150255703 -0.0422778163 0.013469052
3/31/2021 811.95 2498.95 2431.5 0.0589905145 0.012643474 -0.013505023
4/1/2021 862.85 2530.95 2399.1 0.0052456166 -0.0347301517 -0.0109135966
4/5/2021 867.4 2446 2373.2 -0.0052732782 0.0108379361 0.0145746366
4/6/2021 862.85 2472.8 2408.3 0.0136039143 0.0036264001 -0.0012680798
4/7/2021 874.75 2481.8 2405.25 0.0467498751 0.0081527865 0.0019295001
4/8/2021 917.65 2502.2 2409.9 -0.0205182515 0.0047927012 0.0266963239
4/9/2021 899.2 2514.25 2476 -0.056204895 -0.0386673422 -0.0056864338
4/12/2021 851.35 2420.65 2462 0.0314011441 0.0364613784 -0.0030965198
4/13/2021 878.95 2512.25 2454.4 0.0210502473 0.0136435022 0.0025399794
4/15/2021 897.85 2547 2460.65 -0.0092738312 0.0103165077 -0.0007117004
4/16/2021 889.6 2573.55 2458.9 -0.0029312018 -0.0320000196 -0.0091313898
4/19/2021 887 2493.75 2436.65 0.0081627956 -0.0326514975 -0.0163506859
4/20/2021 894.3 2414.9 2397.45 0.0292010678 0.0259751324 -0.020452052
4/22/2021 921.2 2479.3 2349.4 0.0043233895 0.0072077843 -0.0180478397
4/23/2021 925.2 2497.3 2307.75 0.0161633471 0.0046631929 0.0224090417
4/26/2021 940.4 2509 2360.65 0.0376093733 0.0034555154 0.0080678174
4/27/2021 977.15 2517.7 2379.85 -0.006281897 0.0227837111 0.0110947001
4/28/2021 971.05 2576.4 2406.55 0.0586952204 -0.0178972788 0.0004361393
4/29/2021 1031.6 2531.1 2407.6 0.0022728131 -0.0458443487 -0.0228784272
4/30/2021 1033.95 2420.15 2353.75 0.0287446307 -0.0004753625 0.0225290698
5/3/2021 1064.55 2419 2408 -0.0004699027 -0.0175623094 -0.0001454107
5/4/2021 1064.05 2377.25 2407.65 0.004583846 0.0004204772 -0.0054287685
5/5/2021 1068.95 2378.25 2394.65 0.028713004 0.0215177832 -0.0019455657
5/6/2021 1100.55 2430.55 2390 0.0691841914 0.0263194596 0.0087922824
5/7/2021 1182.35 2496.25 2411.2
 Weight 26% 0.000000% 0% 0% 26%
Risk Free Ret_TS Ret_HDFC Ret_HUL
0 Ret_TS 0 0.00065461910.000199779719627 4.687764E-05
0 Ret_HDFC 0 0.00019977970.000488907027171 5.410942E-05
0 Ret_HUL 0 4.687764E-055.41094215992E-05 0.0001662703
0.5 Risk Free 0 0 0 0
0 0 0 0
0.0000000% <<risk
0.0000%
Expected return 0.00185 0.0056452944 0.00141001571012 0.000562391

0.0000% <<rewards
0.000% <<annualized
Cov(X,X)=Var(X)
Var(aX,bY)=a^2*Var(x)+a*b*Cov(X,Y)+b^2*Var(Y)+a*b*Cov(X,Y)
Var(aX,bY)=a[a*Var(x)+b*Cov(X,Y)]+b[b*Var(Y)+a*Cov(X,Y)]
Var(ax,by)=a*sumproduct((a,b),Var(X,Y
Date Tata steel HDFC Return_TS return_HDFC
5/8/2020 265.9564 1652.804 0.0121288533 -0.0185357896
5/11/2020 269.2217 1622.725 -0.0085813111 0.0094341493
5/12/2020 266.9311 1638.18 0.0106573655 0.0222437135
5/13/2020 269.8065 1675.448 -0.0305285646 -0.04921906
5/14/2020 261.8138 1596.853 0.0177363855 0.0018953545
5/15/2020 266.5412 1599.885 -0.026271371 -0.0816744781
5/18/2020 259.7181 1479.082 0.0202243495 0.0183718306
5/19/2020 265.0791 1506.764 0.0400634044 0.0531394949
5/20/2020 276.1423 1591.326 0.0010579349 -0.0191698955 W_TS W_HDFC
5/21/2020 276.4348 1561.394 -0.0333394051 -0.0525535302 -0.5 1.5
5/22/2020 267.516 1483.434 0.0215685543 -0.0095861834 -0.4 1.4
5/26/2020 273.4131 1469.349 0.0258725696 0.0439776837 -0.3 1.3
5/27/2020 280.6749 1536.94 0.0243943992 0.0334041267 -0.2 1.2
5/28/2020 287.693 1590.054 0.0001693741 0.0203693166 -0.1 1.1
5/29/2020 287.7417 1623.116 0.0630057658 0.0451159145 0 1
6/1/2020 307.0901 1699.804 0.0133104196 0.042430075 0.1 0.9
6/2/2020 311.2328 1775.123 -0.0066204064 0.0117085737 0.2 0.8
6/3/2020 309.1859 1796.153 0.0092144008 -0.0411055916 0.3 0.7
6/4/2020 312.0613 1725.237 0.0565788362 0.0014437346 0.4 0.6
6/5/2020 330.7762 1727.731 -0.0170838073 -0.0026395707 0.5 0.5
6/8/2020 325.2202 1723.182 -0.0039115262 0.0054480042 0.6 0.4
6/9/2020 323.9531 1732.622 -0.0249807362 0.0212459995 0.7 0.3
6/10/2020 316.0577 1770.232 -0.0347853646 -0.012674155 0.8 0.2
6/11/2020 305.4331 1748.077 0.0130708207 0.0030681585 0.9 0.1
6/12/2020 309.4783 1753.457 -0.0374122694 -0.0230567282 1 0
6/15/2020 298.3175 1713.939 0.0090659621 0.0387316742 1.1 -0.1
6/16/2020 301.0468 1782.997 -0.0019464659 -0.0160252519 1.2 -0.2
6/17/2020 300.462 1754.875 0.0309650993 0.0329353703
6/18/2020 310.0631 1814.641 0.0081073376 -0.0087271247
6/19/2020 312.5974 1798.941 0.0161067104 -0.0114391957 Efficie
6/22/2020 317.7148 1778.596 0.017927027 0.0111215993 0.0070000
6/23/2020 323.5144 1798.599 -0.0179419733 -0.022977009 0.0060000
6/24/2020 317.8123 1758.201 -0.00913027 -0.0092929756
0.0050000
Expected Return

6/25/2020 314.9368 1742.012 0.0024698893 -0.0062435403

6/26/2020 315.7166 1731.203 -0.008248998 -0.0156957812 0.0040000
6/29/2020 313.1335 1704.451 0.0165314008 0.0069244295 0.0030000
6/30/2020 318.3971 1716.335 -0.0086459487 0.0439177628
0.0020000
7/1/2020 315.6678 1795.175 0.0331392548 0.0286084734
0.0010000
7/2/2020 326.4874 1848.045 -0.0151537587 -0.0018293966
7/3/2020 321.6137 1844.671 0.0259777742 -0.0090965686 -
0.0003 0.0004 0.0005
7/6/2020 330.1914 1828.042 -0.0260487742 0.0094872247
Varia
7/7/2020 321.8087 1845.551 0.0121185451 -0.0011408118
7/8/2020 325.7563 1843.448 0.0296167152 0.0403707683
7/9/2020 335.6986 1921 -0.0171292964 -0.0184227966
7/10/2020 330.0452 1886.25 0.0099414841 -0.0215272136
7/13/2020 333.3593 1846.5 -0.0154394711 -0.0303266888
7/14/2020 328.2906 1792.15 0.0069290647 -0.0010893046
7/15/2020 330.5813 1790.2 0.0076079685 -0.0012023724
7/16/2020 333.1156 1788.05 0.0260757169 0.0099390648
7/17/2020 342.0344 1806 0.0042566021 -0.0007203685
7/20/2020 343.4965 1804.7 0.0186577787 0.0417861697
7/21/2020 350.0273 1883.4 -0.0257069414 -0.0004249697
7/22/2020 341.2546 1882.6 0.0053977069 -0.0042675771
7/23/2020 343.1066 1874.6 -0.0171940782 -0.0182786202
7/24/2020 337.3069 1840.95 0.0192716679 0.0061275699
7/27/2020 343.9352 1852.3 0.0153481599 0.0237436043
7/28/2020 349.2962 1897.35 0.0415886032 -0.0094971939
7/29/2020 364.4533 1879.5 -0.0196345105 -0.0378244064
7/30/2020 357.4352 1811 -0.0008188601 -0.0157893398
7/31/2020 357.1428 1782.85 0.0183523333 -0.0245675539
8/3/2020 363.8197 1740.1 -0.0026863592 0.0220311763
8/4/2020 362.845 1779.3 0.059499709 -0.0013506809
8/5/2020 385.8 1776.9 0.0368243676 0.0049001763
8/6/2020 400.55 1785.65 0.0085396337 -0.0043308716
8/7/2020 404 1777.95 0.0149944998 0.0115361097
8/10/2020 410.15 1798.7 0.0151279093 0.0145999536
8/11/2020 416.45 1825.35 -0.0040988837 -0.0057301993
8/12/2020 414.75 1814.95 -0.0036297641 -0.0054845582
8/13/2020 413.25 1805.05 0.0124268416 -0.0073105267
8/14/2020 418.45 1791.95 0.0152959167 0.0045552164
8/17/2020 424.95 1800.15 0.022541663 0.0109881052
8/18/2020 434.75 1820.15 -0.0068318946 0.0044031983
8/19/2020 431.8 1828.2 0.001387618 -0.0241155793
8/20/2020 432.4 1785.15 -0.0081604105 0.0093507081
8/21/2020 428.9 1802 0.0012807498 0.0143040908
8/24/2020 429.45 1828.15 -0.0127344043 0.0010654893
8/25/2020 424.05 1830.1 0.0021179526 -0.0082362074
8/26/2020 424.95 1815.15 0.0044511983 0.0255536041
8/27/2020 426.85 1862.75 -0.0064843196 0.0104388141
8/28/2020 424.1 1882.4 -0.026379462 -0.0271464815
8/31/2020 413.2 1832.65 0.0368298089 0.0096728132
9/1/2020 429 1850.55 0.0224450401 -0.0126128859
9/2/2020 438.85 1827.5 -0.0022838871 -0.0099195659
9/3/2020 437.85 1809.55 -0.039283215 -0.0223446605
9/4/2020 421.3 1770 0.0026041809 0.0115321385
9/7/2020 422.4 1790.65 -0.043091694 -0.00736968
9/8/2020 404.95 1777.55 0.029478701 -0.0094267858
9/9/2020 417.25 1760.95 -0.0229222999 0.0091157599
9/10/2020 407.9 1777.15 -0.0012272951 -0.005061686
 9/11/2020 407.4 1768.2 -0.0079168281 -0.0177861631
9/14/2020 404.2 1737.3 0.0025909636 0.0122242435
9/15/2020 405.25 1758.8 -0.0017303474 0.0052035922
9/16/2020 404.55 1768 -0.0146726256 -0.0135580728
9/17/2020 398.7 1744.35 -0.0086011235 -0.012508664
9/18/2020 395.3 1722.8 -0.0590756544 -0.0081044492
9/21/2020 373.25 1708.95 0.0025387813 -0.0199033036
9/22/2020 374.2 1675.6 -0.0358477841 -0.0050986744
9/23/2020 361.25 1667.1 -0.0506034425 -0.0178898071
9/24/2020 343.85 1637.8 0.0228757833 0.0084756021
9/25/2020 351.9 1651.8 0.0250727738 0.0181882873
9/28/2020 360.95 1682.4 0.024459427 0.0179780107
9/29/2020 370 1713.2 -0.0284920083 0.0150060928
9/30/2020 359.75 1739.3 0.0142485596 0.0282697214
10/1/2020 364.95 1789.9 0.0450084581 -0.0025485468
10/5/2020 382.15 1785.35 -0.0127202542 0.0770761606
10/6/2020 377.35 1934.45 -0.0176645583 0.0078726524
10/7/2020 370.8 1949.8 0.0073617992 -0.0007699019
10/8/2020 373.55 1948.3 -0.0102771819 0.0045727173
10/9/2020 369.75 1957.25 0.0033692722 0.0043746858
10/12/2020 371 1965.85 -0.0095238095 -0.011838279
10/13/2020 367.5 1942.85 0.0214351971 0.018142779
10/14/2020 375.55 1978.75 -0.0048160214 -0.0162549558
10/15/2020 373.75 1947.1 0.0510346723 0.0066070114
10/16/2020 393.85 1960.05 0.0036680548 0.0362147336
10/19/2020 395.3 2033.7 -0.0084183367 -0.0086546564
10/20/2020 392 2016.25 0.0294627239 0.0155510456
10/21/2020 403.9 2048.1 0.0147579408 -0.0027172157
10/22/2020 409.95 2042.55 0.0316522825 0.0090000719
10/23/2020 423.35 2061.1 -0.0373682915 0.0059801794
10/26/2020 408.1 2073.5 0.0070559465 -0.0168452422
10/27/2020 411 2039.15 -0.021625683 -0.0356009107
10/28/2020 402.3 1969.05 -0.0026167925 -0.0179914949
10/29/2020 401.25 1934.25 0.0221762054 -0.0059810168
10/30/2020 410.35 1922.75 -0.0187438387 0.0586982707
11/2/2020 402.8 2042.65 0.009832842 0.0414368845
11/3/2020 406.8 2130.95 -0.0071799803 -0.0206431741
11/4/2020 403.9 2087.85 0.0506522914 0.0052645693
11/5/2020 425.45 2098.9 0.0019938448 0.0178517798
11/6/2020 426.3 2137.05 0.0258227099 0.0064622154
11/9/2020 437.6 2150.95 0.0096186487 0.053216604
11/10/2020 441.85 2271.85 0.0688092603 0.0225238164
11/11/2020 474.5 2324.2 -0.0028532305 0.0027888618
11/12/2020 473.15 2330.7 0.0274409168 -0.0105359218
11/13/2020 486.5 2306.4 0.0694337965 0.0173614817
11/17/2020 522.8 2347.15 -0.0112185455 0.0069598051
11/18/2020 517 2363.6 0.012227787 -0.0167334055
11/19/2020 523.4 2324.7 0.0171814181 0.0038778999
11/20/2020 532.55 2333.75 0.0187028262 -0.0368535406
11/23/2020 542.7 2250.8 0.0099425554 -0.014948323
11/24/2020 548.15 2217.65 -0.0132163105 -0.0124868066
11/25/2020 541 2190.3 0.049042051 0.0215541306
11/26/2020 568.9 2238.55 0.0154883661 0.0084162032
11/27/2020 577.85 2257.55 0.0131500506 0.0205643953
12/1/2020 585.55 2304.95 0.0309474754 -0.0129199101
12/2/2020 604.25 2275.55 0.02681595 -0.0096056382
12/3/2020 620.9 2253.9 0.0027304081 -0.0034503485
12/4/2020 622.6 2246.15 -0.0132638357 0.0247910987
12/7/2020 614.45 2303.25 -0.0005699984 0.0028573707
12/8/2020 614.1 2309.85 -0.0079605679 -0.0020172424
12/9/2020 609.25 2305.2 0.0014750864 -0.0067694459
12/10/2020 610.15 2289.7 0.0186569779 0.0027873989
12/11/2020 621.75 2296.1 0.007898535 0.0019125851
12/14/2020 626.7 2300.5 0.0133816118 0.0214385572
12/15/2020 635.2 2350.9 0.0126680101 0.0301768303
12/16/2020 643.35 2424.05 -0.0125117276 0.028397874
12/17/2020 635.4 2494.9 -0.006335128 -0.0064341561
12/18/2020 631.4 2478.95 -0.0609090121 -0.0276931583
12/21/2020 595.15 2412.15 0.0101454902 -0.0045601996
12/22/2020 601.25 2401.2 0.0325824618 -0.0002082726
12/23/2020 621.5 2400.7 0.0012053033 0.021819313
12/24/2020 622.25 2454.25 0.0166719156 0.0076420366
12/28/2020 632.8 2473.15 -0.0015035405 0.0188443464
12/29/2020 631.85 2520.65 0.0143514736 -0.0014700137
12/30/2020 641.05 2516.95 0.0038847021 0.0162784903
12/31/2020 643.55 2558.6 -0.0006997543 0.0043001204
1/1/2021 643.1 2569.65 0.0716709116 0.0037607132
1/4/2021 692.75 2579.35 -0.0177023473 0.0270825139
1/5/2021 680.7 2651.15 0.0047518093 -0.0056137476
1/6/2021 683.95 2636.35 0.0536838298 0.0094867745
1/7/2021 722.75 2661.6 -0.0136746143 -0.0030904486
1/8/2021 713 2653.4 -0.0251617541 0.0357058505
1/11/2021 695.5 2751.65 -0.001079525 -0.0020575025
1/12/2021 694.75 2746 0.0203750871 -0.0283681303
1/13/2021 709.2 2670.25 -0.0043191785 0.0052341574
1/14/2021 706.15 2684.3 -0.0008504514 -0.0198902331
1/15/2021 705.55 2631.95 -0.0590663094 -0.0255416348
1/18/2021 666.2 2566.4 0.0212297238 0.0333345901
1/19/2021 680.65 2654.9 0.013765123 0.0125895297
1/20/2021 690.15 2688.75 -0.035018051 -0.0097643414
1/21/2021 666.8 2662.75 -0.0306823953 -0.0283667206
1/22/2021 646.95 2589.3 0.0078975068 -0.0147750233
1/25/2021 652.1 2551.6 -0.0420261881 -0.0344395027
1/27/2021 625.8 2466.65 -0.0029649426 -0.0168607243
1/28/2021 623.95 2425.75 -0.0379272845 -0.0201871517
1/29/2021 601.15 2377.75 0.0550184684 0.0793014831
2/1/2021 636.15 2582.55 0.0086488825 0.0282579933
2/2/2021 641.7 2657.65 0.0172294966 0.0170868185
2/3/2021 652.95 2703.85 0.0048010427 0.0014771866
2/4/2021 656.1 2707.85 0.0423995431 0.0049241716
2/5/2021 685.15 2721.25 0.0252525244 0.0052274858
2/8/2021 702.9 2735.55 -0.0047888443 0.0042769264
2/9/2021 699.55 2747.3 -0.0134733618 0.008373922
2/10/2021 690.25 2770.5 0.0061195104 -0.004295615
2/11/2021 694.5 2758.65 -0.0206480825 0.0113606518
2/12/2021 680.45 2790.35 -0.0128005303 0.0244895142
2/15/2021 671.85 2860.4 0.0382908688 -0.0013477282
2/16/2021 698.6 2856.55 -0.0027270905 -0.0185958311
2/17/2021 696.7 2804.4 0.0016478671 -0.0217323625
2/18/2021 697.85 2744.75 -0.0405575949 -0.0033998242
2/19/2021 670.65 2735.45 0.0189437572 -0.0313501114
2/22/2021 683.6 2652.3 0.062919841 -0.0100537522
2/23/2021 729.5 2625.9 -0.0036459023 0.0323722148
2/24/2021 726.85 2713.75 0.0216045867 -0.0110842027
2/25/2021 742.9 2684 -0.0393117466 -0.0570882606
2/26/2021 714.8 2539.05 0.0210901448 0.0261765039
3/1/2021 730.2 2607.3 0.0068008704 -0.0165309168
3/2/2021 735.2 2564.9 0.0534311824 0.0331348558
3/3/2021 776.7 2652.8 -0.02453507 -0.0269433646
3/4/2021 758.1 2583.2 -0.0338197033 -0.0157082281
3/5/2021 733.3 2543.25 0.0054926265 -0.0132672163
3/8/2021 737.35 2509.95 -0.0435182579 0.0260942113
3/9/2021 706.6 2577.2 0.0243027281 0.0086739298
3/10/2021 724.2 2599.75 -0.0060429758 -0.0124228054
3/12/2021 719.85 2567.85 0.022009391 -0.0128987229
3/15/2021 736.05 2535.15 -0.0165734413 -0.0097181727
3/16/2021 724.05 2510.75 -0.0278960297 0.0012332072
3/17/2021 704.4 2513.85 0.0007801801 0.0010728779
3/18/2021 704.95 2516.55 0.0382673779 0.0061607147
3/19/2021 733 2532.15 0.0141223941 0.0009272432
3/22/2021 743.5 2534.5 -0.0034415115 -0.0100426217
3/23/2021 740.95 2509.3 -0.0533835467 -0.0173938326
3/24/2021 703.4 2466.4 0.0269746844 0.0024469854
3/25/2021 722.9 2472.45 0.0570664562 0.0234803718
3/26/2021 766.65 2531.9 0.0413879037 0.0279122296
3/30/2021 799.75 2604.6 0.0150255703 -0.0422778163
3/31/2021 811.95 2498.95 0.0589905145 0.012643474
4/1/2021 862.85 2530.95 0.0052456166 -0.0347301517
4/5/2021 867.4 2446 -0.0052732782 0.0108379361
4/6/2021 862.85 2472.8 0.0136039143 0.0036264001
4/7/2021 874.75 2481.8 0.0467498751 0.0081527865
4/8/2021 917.65 2502.2 -0.0205182515 0.0047927012
4/9/2021 899.2 2514.25 -0.056204895 -0.0386673422
4/12/2021 851.35 2420.65 0.0314011441 0.0364613784
4/13/2021 878.95 2512.25 0.0210502473 0.0136435022
4/15/2021 897.85 2547 -0.0092738312 0.0103165077
4/16/2021 889.6 2573.55 -0.0029312018 -0.0320000196
4/19/2021 887 2493.75 0.0081627956 -0.0326514975
4/20/2021 894.3 2414.9 0.0292010678 0.0259751324
4/22/2021 921.2 2479.3 0.0043233895 0.0072077843
4/23/2021 925.2 2497.3 0.0161633471 0.0046631929
4/26/2021 940.4 2509 0.0376093733 0.0034555154
4/27/2021 977.15 2517.7 -0.006281897 0.0227837111
4/28/2021 971.05 2576.4 0.0586952204 -0.0178972788
4/29/2021 1031.6 2531.1 0.0022728131 -0.0458443487
4/30/2021 1033.95 2420.15 0.0287446307 -0.0004753625
5/3/2021 1064.55 2419 -0.0004699027 -0.0175623094
5/4/2021 1064.05 2377.25 0.004583846 0.0004204772
5/5/2021 1068.95 2378.25 0.028713004 0.0215177832
5/6/2021 1100.55 2430.55 0.0691841914 0.0263194596
5/7/2021 1182.35 2496.25
 TS HDFC
Avg return 0.005645 0.0014100
x y z
Variance 0.0006519901 0.000486944 x Var(x) Cov(x,y) Cov(X,Z)
y cov(x,y) Var(y) Cov(y,Z)
Cov 0.0001989774 z cov(x,z) Cov(Y,Z) var(z)

Correlation 0.353137564 Var(X+Y+Z) VAR(x)+VAR(y)+VAR(Z)+2*Cov(x,y)+2*Cov(y,

Var(aX+bY) Var(aX)+var(bY)+2*cov(aX,bY)
Risk Reward a^2Var(x)+b^2var(Y)+2*a*b*Cov(X,Y)
0.000960154 (0.0007076)
0.000835873 (0.0002841) W_Ts 0.2 W_TS+W_HDFC=1
0.000726411 0.0001394 W_HDFC 0.8
0.000631769 0.0005630 Xp=W_TS*X_TS+W_HD
0.000551947 0.0009865
0.000486944 0.0014100 E[Xp]
0.00043676 0.0018335
0.000401396 0.0022571 VAR(Xp)
0.000380852 0.0026806
0.000375127 0.0031041 E[4] 4 E[xp]
0.000384222 0.0035277 E[4X] 4.E[x]
0.000408137 0.0039512
0.000446871 0.0043747 Var(4) 4
0.000500424 0.0047982 Var(4x) 16.var(x) because variance is squared
0.000568797 0.0052218
0.00065199 0.0056453
0.000750002 0.0060688
0.000862834 0.0064924

Efficiency Frontier
0070000

0060000

0050000

0040000
Column K
0030000

0020000

0010000

-
0.0003 0.0004 0.0005 0.0006 0.0007 0.0008 0.0009
Variance
Z)+2*Cov(x,y)+2*Cov(y,Z)+2*Cov(x,Z)

+2*a*b*Cov(X,Y)

W_TS+W_HDFC=1

Xp=W_TS*X_TS+W_HDFC*X_HDFC

E[w_TS*X_TS+W_HDFC*X_HDFC]

VAR(w_TS*X_TS+W_HDFC*X_HDFC)
<< Risk
E[w_ts*X_ts]+E[w_HDFC*X_HDFX]
<<Reward

ariance is squared
 22

2200000