CH4 Risk and Return.pdf

# CH4 Risk and Return.pdf - nnnnnnnnnnnnnnn 44nnn 44n4nnnn4 1...

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nnnn nnn nnnnnn 44nnn 44n4nnn 4

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nnnn nnn nnnnnnn nn4 nnnnn 4n n4n nnnn n4nn 1 } . . .. .. } . . . . . } . . . .. . .. . . . uuuuuuuuuu uuuuuuuuuuu uuuuu uuuu
nnnnnnn n4n snnnnn 2 } . .. . . . .. . . . . . . .) } s . . ss ) .. . } } RRR t ss . . t } R .. . t } FF t . . . t } R t11 . t11 } . . ss 1 1 - - - + = t t t t t P P FF P RPR uuuuuuuuuu uuuuuuuuuuu uuuuu uuuu

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s n4n4sn 4n nnnss 44nnnn 3 } . . . BnZr`#@###BnZrBnZr`#@### . ss BnZr`#@###BnZr } . s ss . . . . . . RRRRRRPR t = P t + FF t P t - 1 = 1 + RPR t ((( RRRRRRPR t ) uuuuuuuuuu uuuuuuuuuuu uuuuu uuuu
s 0 000.00 s 0 000.00 D 0 0.00 sn n4n nnnn 4n nnnnsnnn: :4nn nnnnssn:nnnnn sn nenn4sn RPR 1 = 110 + 0000 - 100 100 = 00100 = 1000% RRRRRRPR 1 = 10100 ((( RRRRRRPR 1 ) = 0011888 4 uuuuuuuuuu uuuuuuuuuuu uuuuu uuuu

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nn4nnnnns nennnnnnn nnnnnnnn nnnnn nnn nnnsnnn4n 11 ( )u uuu 4.2 1960)2012) uuuuuuuuuu uuuuuuuuuuu uuuuu uuuu
nnnnnnnn nnnnn nnn nnnnnnn 12 } . ... . . . ... .. .. . .. . . } s . . . . . .. . . ... .. . . .. . . .. uuuuuuuuuu uuuuuuuuuuu uuuuu uuuu

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