project in finance

profilevip6363
data.xlsx

Sheet1

Year Month UMD HML
1990 1 -3.28 0.83
1990 2 -0.52 0.65
1990 3 1.65 -2.9
1990 4 2.4 -2.53
1990 5 3.05 -3.77
1990 6 2.42 -1.98
1990 7 5.93 -0.01
1990 8 1.79 1.63
1990 9 5.53 0.74
1990 10 6.74 0.29
1990 11 -5.6 -3.11
1990 12 0.16 -1.56
1991 1 -6.51 -1.84
1991 2 -4.72 -0.54
1991 3 2.81 -1.24
1991 4 -2.4 1.4
1991 5 -0.1 -0.56
1991 6 0.46 1.21
1991 7 4.32 -1.27
1991 8 1.62 -0.8
1991 9 1.73 -0.98
1991 10 3.21 -0.44
1991 11 1.27 -1.91
1991 12 8.28 -4.04
1992 1 -2.46 4.5
1992 2 -0.59 6.36
1992 3 -0.36 3.66
1992 4 -2.6 4.28
1992 5 0.1 1.27
1992 6 -0.6 3.41
1992 7 1.43 -0.53
1992 8 -0.52 -1.04
1992 9 1.43 -0.21
1992 10 2.71 -2.1
1992 11 -0.33 -1.48
1992 12 4.47 2.51
1993 1 4.83 5.89
1993 2 3.1 6.42
1993 3 3.74 1.24
1993 4 0.33 2.61
1993 5 0.29 -3.42
1993 6 4.58 2.61
1993 7 3.24 3.24
1993 8 2.58 -0.44
1993 9 3.41 -0.45
1993 10 -2.67 -1.55
1993 11 -4.71 -0.26
1993 12 2.29 0.57
1994 1 0.01 2.09
1994 2 -0.29 -1.43
1994 3 -1.32 1.31
1994 4 0.41 1.66
1994 5 -2.15 0.18
1994 6 -0.83 1.68
1994 7 0.19 0.99
1994 8 1.54 -3.45
1994 9 1.32 -1.78
1994 10 1.42 -2.36
1994 11 -0.2 -0.04
1994 12 3.5 0.28
1995 1 -1.82 1.66
1995 2 -0.35 0.39
1995 3 0.36 -2.04
1995 4 1.83 1.73
1995 5 -0.44 1.91
1995 6 2.89 -2.97
1995 7 2.54 -2.24
1995 8 0.09 1.96
1995 9 2.71 -0.93
1995 10 4.12 -0.06
1995 11 -0.64 0.32
1995 12 2.53 1.4
1996 1 0.57 0.39
1996 2 0.58 -2.32
1996 3 -1.88 1.27
1996 4 -0.91 -4.06
1996 5 1.57 -1.39
1996 6 1 1.92
1996 7 -0.11 4.36
1996 8 -0.01 -0.58
1996 9 2.69 -3.75
1996 10 3.92 4.79
1996 11 -2.22 0.15
1996 12 0.61 1.01
1997 1 1.95 -2.36
1997 2 -2.04 4.67
1997 3 0.96 3.85
1997 4 4.92 -1.03
1997 5 -5.16 -4.37
1997 6 2.62 0.76
1997 7 3.81 -0.13
1997 8 -2.55 1.36
1997 9 1.44 -0.22
1997 10 -0.39 2.2
1997 11 0.3 0.98
1997 12 3.97 3.82
1998 1 0.1 -2.05
1998 2 -1.13 -0.91
1998 3 2.15 1.25
1998 4 0.77 0.34
1998 5 1.87 4.13
1998 6 7.28 -2.17
1998 7 3.68 -1.17
1998 8 1.9 5.17
1998 9 -0.71 -3.8
1998 10 -5.36 -2.67
1998 11 1.16 -3.52
1998 12 9.06 -4.68
1999 1 3.05 -5.6
1999 2 -0.13 1.62
1999 3 -1.29 -2.89
1999 4 -9.08 2.37
1999 5 -5.28 2.67
1999 6 4.88 -4.19
1999 7 1.58 0.5
1999 8 3 -0.88
1999 9 6.45 -2.99
1999 10 5.49 -3.13
1999 11 5.68 -8.01
1999 12 13.21 -9.4
2000 1 1.88 0.06
2000 2 18.38 -13.11
2000 3 -6.8 7.97
2000 4 -8.52 9.29
2000 5 -9.06 3.87
2000 6 16.5 -10.18
2000 7 -0.12 8.55
2000 8 5.7 -1.29
2000 9 2.15 6.82
2000 10 -4.63 4.7
2000 11 -2.44 12.29
2000 12 6.73 6.11
2001 1 -25.01 -5.66
2001 2 12.48 13.91
2001 3 8.38 6.22
2001 4 -8.12 -4.38
2001 5 2.17 2.83
2001 6 0.34 -2.28
2001 7 5.5 5.56
2001 8 5.54 3.28
2001 9 11.55 1.82
2001 10 -8.38 -7.15
2001 11 -8.57 0.69
2001 12 -0.03 0.47
2002 1 3.76 3.39
2002 2 6.79 3.89
2002 3 -1.64 1.12
2002 4 7.98 4.21
2002 5 3.04 2.55
2002 6 6.14 1.5
2002 7 3.38 -3.62
2002 8 1.75 2.29
2002 9 9.15 1.31
2002 10 -5.46 -6.45
2002 11 -16.28 -1.59
2002 12 9.62 3.88
2003 1 1.58 -0.82
2003 2 1.25 -1.45
2003 3 1.52 -1.58
2003 4 -9.42 -0.09
2003 5 -10.76 0.09
2003 6 -1.02 0.71
2003 7 -0.29 -2.04
2003 8 -0.54 1.76
2003 9 -0.19 0.93
2003 10 3.75 1.69
2003 11 1.63 1.39
2003 12 -5.69 2.78
2004 1 2.59 1.66
2004 2 -1.1 0.44
2004 3 0.2 -0.05
2004 4 -5.36 -1.67
2004 5 1.65 -0.26
2004 6 2.07 1.63
2004 7 -2.3 4.56
2004 8 -1.5 1.24
2004 9 5.26 0.47
2004 10 -1.49 -0.82
2004 11 3.22 1.94
2004 12 -2.83 -0.37
2005 1 3.12 2.73
2005 2 3.21 2.84
2005 3 0.54 1.7
2005 4 -0.81 -0.45
2005 5 0.39 -1.21
2005 6 2.06 2.79
2005 7 0.04 -0.47
2005 8 2.24 1.47
2005 9 3.5 1.11
2005 10 -1.31 -0.67
2005 11 0.35 -1.85
2005 12 0.74 0.5
2006 1 2.76 1.17
2006 2 -1.82 -0.85
2006 3 1.24 -0.14
2006 4 0.66 3.06
2006 5 -3.7 2.79
2006 6 1.49 1.49
2006 7 -2.19 3.42
2006 8 -3.47 -1.78
2006 9 -0.93 -0.5
2006 10 -0.26 0.52
2006 11 -1.03 0.53
2006 12 0.84 2.55
2007 1 0.24 -0.05
2007 2 -1.33 0.23
2007 3 2.47 0.37
2007 4 -0.16 -0.99
2007 5 -0.27 -0.17
2007 6 0.3 -1.03
2007 7 2.79 -2.99
2007 8 0.09 -2.32
2007 9 4.64 -2.11
2007 10 4.87 -2.11
2007 11 0.9 -1.02
2007 12 6.54 -0.01
2008 1 -7.81 3.05
2008 2 6.11 0.01
2008 3 4.08 0.24
2008 4 -0.2 -0.03
2008 5 3.22 -0.41
2008 6 12.45 -1.02
2008 7 -5.2 3.64
2008 8 -4.05 1.61
2008 9 0.33 4.36
2008 10 7.78 -2.96
2008 11 7.22 -5.02
2008 12 -5.05 -1.19
2009 1 -1.92 -9.67
2009 2 4.17 -6.9
2009 3 -11.53 2.54
2009 4 -34.58 5.22
2009 5 -12.33 0.58
2009 6 5.31 -2.39
2009 7 -5.41 4.73
2009 8 -8.9 7.65
2009 9 -5 1.35
2009 10 2.64 -4.35
2009 11 0.32 0.23
2009 12 2.94 0.72
2010 1 -5.36 0.61
2010 2 3.61 2.74
2010 3 3.68 2.01
2010 4 3.21 3.12
2010 5 -0.19 -2.32
2010 6 -2.98 -4.27
2010 7 1.94 0.04
2010 8 -0.15 -1.51
2010 9 1.36 -2.94
2010 10 1.25 -2.23
2010 11 2.51 -0.58
2010 12 -3.19 3.47
2011 1 -0.33 0.68
2011 2 2.07 1.73
2011 3 3.55 -1.16
2011 4 0.07 -2.15
2011 5 -0.59 -2.12
2011 6 1.75 -0.26
2011 7 0.03 -1.18
2011 8 -0.3 -1.58
2011 9 -2.58 -0.98
2011 10 -1.45 -0.96
2011 11 3.98 -0.18
2011 12 1.87 1.57
2012 1 -7.95 -2.14
2012 2 -0.28 0.01
2012 3 1.49 -0.06
2012 4 3.84 -0.2
2012 5 6.64 0.08
2012 6 -1.13 0.54
2012 7 3.06 0.01
2012 8 -2.44 0.6
2012 9 -1.03 1.56
2012 10 0.12 4.16
2012 11 0.35 -1.12
2012 12 -2.92 3.26
2013 1 -1.91 1.34
2013 2 1.37 0.28
2013 3 1.95 -0.07
2013 4 0.28 0.35
2013 5 -1.92 1.33
2013 6 0.63 -0.4
2013 7 1.76 0.71
2013 8 0.05 -2.48
2013 9 2.98 -1.57
2013 10 0.14 1.36
2013 11 0.45 -0.38
2013 12 0.06 -0.2
2014 1 1.65 -1.88
2014 2 2.09 -0.49
2014 3 -3.25 4.6
2014 4 -3.9 1.62
2014 5 1.02 -0.38
2014 6 0.7 -0.6
2014 7 -0.26 0.04
2014 8 0.77 -0.76
2014 9 0.49 -1.68
2014 10 0.07 -1.81
2014 11 1.02 -3.37
2014 12 1.04 1.56
2015 1 3.76 -3.06
2015 2 -2.88 -2.16
2015 3 3.02 -0.73
2015 4 -7.41 2.13
2015 5 5.92 -1.9
2015 6 3.05 -1.04
2015 7 10.24 -4.49
2015 8 -2.16 2.88
2015 9 5.26 0.73
2015 10 -3.92 -0.32
2015 11 2.43 -1.23
2015 12 3.38 -2.07
2016 1 1.43 3.13
2016 2 -4.03 -0.03
2016 3 -5.1 1.3