Investment Analysis For Proton Holdings Engineering Essay

Proton Holdings was incorporated in 1983 and is based in Subang Jaya, Malaysia. Proton Holdings Berhad, an investment holding company, engages in the manufacture, assembly, and sale of motor vehicles and related products in Malaysia and internationally. The company also imports and distributes motor vehicles and related products, as well as manufactures automotive components. In addition, it involves in the property development and management operations, as well as provides engineering consultancy services.

The objectives of this project are to perform common stock valuation on a major company listed on the Bursa Malaysia and our group had decided to choose Proton Holdings as mentioned the detail above. We also have to estimate the intrinsic value of the company’s common stock using the general approaches such as Price/Earnings Ratio, Price/Cash Flow Ratio, Price/Book Value Ratio and Price/ Sales Ratio. From the various values that we estimated using the methods above, we have to find a single value that most appropriate as company’s common stock price and compare it with the current market price and then determine whether the stock is overvalued, undervalued or correctly priced. Based on the valuation, we also have to appropriate recommendation to investors (Buy/Sell/Hold).

HISTORY OF PROTON

It was established in 1983 under the direction of the former Prime Minister, Dr. Mahathir Mohamad. Since then, it was Malaysia’s dominant carmaker until the establishment of Perodua in 1993. Based on technology and parts from Mitsubishi Motors, production of the first model, the Proton Saga began in September 1985 at its first manufacturing plant in Shah Alam, Selangor. Initially the components of the car were entirely manufactured by Mitsubishi but slowly local parts were being used as technologies were transferred and skills were gained. The 100,00th Proton Saga was produced in January 1989.

Until the end of the 1990s, the car’s logo featured the crest from Malaysia’s coat of arms, featuring a crescent and a fourteen-pointed star. The new Proton logo features a stylized tiger head, as well as the change from the lowercase italic text “proton” to uppercase “PROTON”.

In 1993, a model called Proton Wira was introduced based on the Mitsubishi Lancer/Colt. More than 220,000 units were sold between 1996 and 1998. Proton Perdana, based on the Mitsubishi Galant/Eterna, was first produced in 1995, intended for higher end market. The Proton Waja (Proton Impian in UK), which launched early 2001, is the first car model designed internally by Proton. By 2002 Proton held a market share of over 60% in Malaysia, which was reduced to barely 30% by 2005 and is expected to reduce further in 2008 when AFTA mandates reduce import tariffs to a maximum of 5%.

With the acquisition of Lotus technologies in 1996 from ACBN Holdings (a company owned by the owner of Bugatti), Proton has gained an additional source of engineering and automotive expertise. This led to the production of Proton Gen-2 which was code name Wira Replacement Model (WRM) before the launch. The Gen-2 is the first of cars to be manufactured and assembled at the new manufacturing plant in Tanjung Malim, Perak which is part of Proton City development project. The plant was opened in 2004. On 8 June 2005 Proton introduced the second model to be manufactured in Tanjung Malim, the 1,200 cc 5-door supermini, the Proton Savvy. Both the Gen-2 and Savvy, were models that MG Rover was looking to rebadge when the

2

British firm entered into collaboration talks with Proton. However these joint-venture talks were unsuccessful and MG Rover subsequently collapsed.

In 2007, Proton launch its new sedan as replacement version for Wira Sedan but with new name, Persona, which was previously used as an export name for models outside Malaysia. The new Proton Saga replacement model (codename Proton BLM) was launched on 18 January 2008. The new Saga is based on the Savvy platform, but using Campro 1.3L instead of Renault engine. It was announced on August 8, 2008 that Proton is developing a new, fuel-efficient hybrid car to beat rising costs and address environmental concerns. Prime Minister Abdullah Ahmad Badawi told reporters that he had already test-driven the car and urged the company to continue researching energy-saving techonologies.In addition, Proton has entered talks with Mitsubishi Motors once again, and talks are going positive. This includes the Waja replacement based on the Mitsubishi Lancer and the rebadging of Proton Persona and Proton Exora as Mitsubishi vehicles in certain markets.

As of 3 August 2008, Proton has produced 3 million cars since 1985, where the 3 millionth car is a second-generation Saga.

3

PROFILE OF PROTON

PROTON was incorporated on 7 May 1983 with three primary national policy objectives: To spearhead the automotive industrialisation process and

manufacturing industries; To acquire/upgrade technology and industrial skills within the

automotive manufacturing industry; and to strengthen the international competitiveness of Malaysia’s industrial capability.

PROTON commands a substantial share of the domestic market for passenger cars andover the years has been building up distribution networks in key market centres across the

four regions, South-East Asia, the Middle East, United Kingdom / Western Europe, and Australasia.

The main business activities of the Group encompass vehicle engineering, research & development, manufacturing, distribution and after-sales services. The Group is also involved

in financial services and property management in supporting the main business activities. The Group designs and produces cars for diverse consumer preferences. The portfolio of PROTON models includes the reliable family-sedan Waja, the stylish Gen.2, the elegant Perdana V6, the versatile Arena, the proven Saga range, the fun-to-drive Savvy, the desirable sporty Satria Neo and the ‘2008 Best Model of the Year’ winner, the Persona. The Group also has in its portfolio, the world-renowned Lotus sports cars, with models such as Elise, Esprit, Exige, Europa and the recently Exora to suit a range of customer demands and preferences. The Group conducts research in its centres in Malaysia and the United Kingdom on new technologies to create cars that are unique in both design and driving performance. Through Lotus, the Group provides comprehensive and versatile consultancy services to many of the world’s OEMs and Tier 1 suppliers.

4

Currently, the Group has almost 12,000 employees who are involved in the whole value chain of the business, from research, design, development, testing, stamping, casting,machining and assembly to marketing, distribution and after-sales services. Strong customer orientation and competitively priced products are the foundation of our business and essential to our success. We aim to maintain market leadership by continuing to develop innovative products and satisfy our customers needs better and enhance profitability.

FINANCIAL PERFORMANCE

The markedly improved market condition during the first half of the year under review saw an improvement in terms of sales and revenue for PROTON. With sales increase of 9%, our revenue was positively impacted with an increase of 15% compared to 2008. Nevertheless, Proton are mindful of the challenges to be faced in the next financial year and

beyond. The gloomier second half of the year under review was a reflection and clear

indication of the foreseeable future, which will be tough in light of the financial crisis which is greatly impacting the global automotive industry. In light of this, the immediate and prime concern is to reinforce PROTON’s foundation and strengthen its balance sheet in order to confidently strive forward and overcome obstacles in order to focus on and aggressively enhance our export programme.

Accordingly, for the financial year ended 31 March 2009, PROTON recorded a loss after tax of RM301.8 million albeit on the back of improved revenue of RM6.5 billion. This decline was largely due to the one-off exceptional provision for the impairment of property, plant and equipment and inventory write-down for certain models impacted by declining demand. Additionally, PROTON’s financial performance for the second half of the financial year was also adversely affected by the accelerated amortisation of dies and jigs for certain models as well as higher commodity prices, increased costs of components and raw materials which arose from higher foreign currency exchange rates, particularly, the Japanese Yen and the US Dollar, coupled with allowance for doubtful debts.

5

On a more positive note, the Group’s cash and cash equivalents as at 31 March 2009 was maintained close to the RM1 billion mark. This was after taking into account the various

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research and development (R&D) expenditure undertaken during the financial year to develop its recently launched first home grown multi-purpose vehicle, the Exora; initiatives to take their successful Saga and Persona models into international markets; launch of product refreshers, namely the Persona SE and Satria Neo CPS; and commitment for powertrain development, further product refreshers, as well as new product introduction.

In addition, PROTON has received an R&D grant from the Government amounting toRM81 million, under the National Automotive Policy (NAP), in recognition of the Group’s

investment in R&D amounting to RM162 million.

SWOT ANALYSIS

Data monitor’s Proton Holdings Berhad – SWOT Analysis company profile is the essential source for top-level company data and information. Proton Holdings Berhad – SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.

Proton Holdings (Proton) designs and produces cars for diverse consumer markets. The portfolio of Proton models includes the Waja, the Gen.2, the Arena/Jumbuck, the Savvy, and the Satria Neo. It is headquartered in Shah Alam, and employs about 11,000 people. The company recorded revenues of MYR7, 796.9 million (approximately $2,115.2 million) during the financial year ended March 2006 (FY2006), a decrease of 8.1% over 2005. The net profit was MYR4, 908.7 million (approximately $1,331.7 million) in 2006, a decrease of 0.2% from 2005. the company recorded revenues or MYR6,486.6 million ($1,901million) during the financial year ended March (FY2009), an increase of 15% over FY2008. The net profit loss was MYR301.8 million ($88.4 milion) in FY 2009, as compared to net profit of MYR 184.6 million

( 54.1 million) in FY2008.

6

Furthermore, a major scope of the report is to provide all the crucial information on Proton Holdings Berhad required for business and competitor intelligence needs. It’s also to contain a study of the major internal and external factors affecting Proton Holdings Berhad in the form of a SWOT analysis as well as a breakdown and examination of leading product revenue streams of Proton Holdings Berhad. Besides that, data is supplemented with details on Proton Holdings Berhad history, key executives, business description, locations and subsidiaries as well as a list of products and services and the latest available statement from Proton Holdings Berhad.

ECONOMIC ANALYSIS

Malaysia economy outlook for 2009 will bound to be a very challenging year for Malaysia, although Malaysia economy is holding up pretty well. The first half of 2009 is expected to be a very tough period for Malaysia. As a conclusion, the impact on Malaysia this year has somehow been cushioned but many are beginning to feel the economic downturn towards the year-end.

GDP of Malaysia was contracted by a steep 6.2% year on year in the first quarter of 2009. The economy is particularly sensitive to changes in world trade such as exports and imports of goods and services that are equivalent to more than 100% of GDP. The output decline eased to 3.9% in the second quarter. During the first 6 months of this year, the economy contracted by 5.1% in a broad based downturn that saw weakness spread from exports to investment and private consumption. There is only a decline in imports and increased government consumption provided some offset. Exports in volume terms fell by 16.3% in the first half of 2009 from the prior-year period reflecting dwindling demand from most of Malaysia’s important export markets. This was offset by a 21.5% fall in import volumes and thus net exports registered growth for the period. Fixed investment contracted by 10.3%, a sign that many firms deferred or canceled proposed investments seeking to safeguard their balance sheets. Whereby, the private consumption which accounts for around one half of GDP had declined by 0.1% on account of a fall in disposable incomes in several sectors of the economy.

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Besides that, the more moderate pace of GDP contraction during the second quarter owed much to increased public expenditure and growth in private consumption. Public consumption rose by 1.0% in the quarter as the Government implemented two fiscal stimulus packages. The first drawn up in November 2008 and a second, larger set of measures in March 2009. The higher public spending together with some stabilization in the labor market and lower

consumer prices improved consumer sentiment and led to a 0.5% increase in private consumption after a decline of 0.7% in the first quarter.

Meanwhile, the inflation has decelerated sharply from a peak of 8.5% in July-August 2008, so that the consumer price index rose by just 1.7% in the first 7 months of 2009. Indeed, the index declined by 2.4% from its year-earlier levels in July 2009 due to falling global commodity prices, slower domestic demand and the base effect of an increase in administered fuel prices in June 2008. However, on a month on- month basis consumer prices edged up by 0.1% in July, suggesting an easing in deflation pressures.

In response to the deteriorating domestic economy and slowing inflation, Bank Negara Malaysia the central bank, reduced its policy interest rate in steps from 3.5% at the beginning of November 2008 to 2.0% in February 2009 and its reserve ratio for commercial banks to a record low of 1.0% from 3.5% in November 2008. A trade-weighted depreciation of the currency has further relaxed financial conditions. The monetary authorities said in July that the easing of monetary policy, coupled with the two fiscal stimulus packages, are sufficient to support economic activity.

Monetary Policy

Prior to the 1997 Asian Financial Crisis, the Malaysian ringgit was an internationalized currency, which was freely traded around the world. Just before the crisis, the Ringgit was traded RM2.50 at the dollar. Due to speculative activities, the Ringgit fell as much as RM4.10 to the dollar in matter of weeks. Bank Negara Malaysia, the nation’s central banks decided to impose capital controls to prevent the outflow of the Ringgit in the open market. The fixed change rate was abandoned to floating exchange rate in July 2005. At this point, the Ringgit is still not 8

internationalized. The Ringgit continue to strengthen to 3.18 to the dollar in March 2008. Meanwhile, many aspect of the capital control has been slowly relaxed by Bank Negara Malaysia. However, the government continues to not internalized the Ringgit. The government stated that the Ringgit will be internationalized once it is ready.

Monetary policy in Malaysia was indicate by Overnight Policy Rate (OPR) based on the current 3.5%, inter bank rate, plus or minus 0.25% will used as the main basis of BLR computation. Further, the OPR will be the indicator of the monetary policy stance. While, BLR is determined by bank itself and it will attracts investors to invest in any projects in Malaysia.

MALAYSIA: SECTORAL FORECASTS 2009

SectorGrowth (%)

Agriculture 3.3

Mining 2.7

Manufacturing 3.0

Construction 0.0

Services 4.7

Real GDP 4.0

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RELATIVE VALUATION TECHNIQUES

a) Year Ended 31 March 2009

Stock price =1.58

1)Price / Earning Ratio

Price / Earning Ratio =

=

= 2.88

It stock (1.58) was trading at 2.88 times the company basic net earning of 0.54 per share. This mean that Proton Holding would be paying RM2.88 for every ringgit of Proton earnings.

2)Price / Cash Flow Ratio

Price / Cash Flow Ratio =

=

= 3.92

It stock (1.58) was trading at 3.92 times the company cash flow of 0.40 per share.

3)Price / Book Value Ratio

Price / Book Value Ratio =

=

= 0.17

It stock (1.58) was trading at 0.17 times, the company book value of 9.29 per share.

10

4)Price / Sales Ratio

Price / Sales Ratio =

=

= 0.13

It stock (1.58) was trading at 0.13 times, the company sales of 11.81 per share. This means that investor would paying RM 0.13 for every ringgit of Proton Holding sales.

b) Year Ended 31 March 2008

Stock price =3.76

1)Price / Earning Ratio

Price / Earning Ratio =

=

=3.50

2)Price / Cash Flow Ratio

Price / Cash Flow Ratio =

=

= 2.44

11

3)Price / Book Value Ratio

Price / Book Value Ratio =

=

= 0.38

4)Price / Sales Ratio

Price / Sales Ratio =

=

= 0.36

c) Year Ended 31 March 2007

Stock price =6.47

1)Price / Earning Ratio

Price / Earning Ratio =

=

=19.25

12

2)Price / Cash Flow Ratio

Price / Cash Flow Ratio =

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=

= 36.78

3)Price / Book Value Ratio

Price / Book Value Ratio =

=

= 0.67

4)Price / Sales Ratio

Price / Sales Ratio =

=

= 0.75

2009

2008

2007

Price / earning ratio

2.88

3.50

19.25

Price/ cash flow ratio

3.92

2.44

36.78

Price/book value ratio

0.17

0.38

0.67

Price/sales ratio

0.13

0.36

0.75

13

 

PROTON

 

 

 

 

KLSE

 

 

 

 

 

 

Date

Adj Close

Return

ks-k bars

(ks-k bars)2

Date

Adj Close

Return

km-k barm

(km-k barm)2

(ks-k bars)(kM-k barM)

1

12/28/2009

3.91

 

 

 

12/28/2009

1272.78

 

 

 

 

2

12/21/2009

3.96

0.00552

0.00422

0.0000178

12/21/2009

1263.94

-0.00303

-0.00248

0.0000061

-0.00001045537

3

12/14/2009

3.83

-0.01450

-0.01580

0.0002495

12/14/2009

1266.97

0.00104

0.00159

0.0000025

-0.00002509608

4

12/7/2009

3.9

0.00787

0.00657

0.0000431

12/7/2009

1260

-0.00240

-0.00185

0.0000034

-0.00001212782

5

11/30/2009

4.03

0.01424

0.01294

0.0001675

11/30/2009

1270.2

0.00350

0.00405

0.0000164

0.00005241918

6

11/23/2009

4.1

0.00748

0.00618

0.0000382

11/23/2009

1270.61

0.00014

0.00069

0.0000005

0.00000425849

7

11/16/2009

3.68

-0.04694

-0.04824

0.0023266

11/16/2009

1274.36

0.00128

0.00183

0.0000033

-0.00008821257

8

11/9/2009

3.72

0.00470

0.00340

0.0000115

11/9/2009

1270.96

-0.00116

-0.00061

0.0000004

-0.00000207604

9

11/2/2009

3.7

-0.00234

-0.00364

0.0000133

11/2/2009

1260.76

-0.00350

-0.00295

0.0000087

0.00001074067

10

10/26/2009

3.79

0.01044

0.00914

0.0000835

10/26/2009

1243.23

-0.00608

-0.00553

0.0000306

-0.00005055381

11

10/19/2009

4.06

0.02989

0.02859

0.0008173

10/19/2009

1267.1

0.00826

0.00881

0.0000776

0.00025181119

12

10/12/2009

4.02

-0.00430

-0.00560

0.0000313

10/12/2009

1256.77

-0.00356

-0.00301

0.0000090

0.00001683148

13

10/5/2009

4

-0.00217

-0.00347

0.0000120

10/5/2009

1233.82

-0.00800

-0.00746

0.0000556

0.00002583260

14

9/28/2009

3.94

-0.00656

-0.00786

0.0000618

9/28/2009

1206.25

-0.00981

-0.00927

0.0000859

0.00007285324

15

9/23/2009

4.22

0.02982

0.02852

0.0008132

9/22/2009

1217.39

0.00399

0.00454

0.0000206

0.00012950639

16

9/14/2009

4.44

0.02207

0.02077

0.0004315

9/14/2009

1221.2

0.00136

0.00191

0.0000036

0.00003959060

17

9/7/2009

3.75

-0.07335

-0.07465

0.0055727

9/7/2009

1208.28

-0.00462

-0.00407

0.0000166

0.00030384841

18

9/1/2009

3.17

-0.07297

-0.07427

0.0055162

9/1/2009

1178.74

-0.01075

-0.01020

0.0001041

0.00075761101

19

8/24/2009

3.05

-0.01676

-0.01806

0.0003261

8/24/2009

1174.27

-0.00165

-0.00110

0.0000012

0.00001988441

20

8/17/2009

2.98

-0.01008

-0.01138

0.0001296

8/17/2009

1163.79

-0.00389

-0.00334

0.0000112

0.00003806807

21

8/10/2009

2.96

-0.00292

-0.00422

0.0000178

8/10/2009

1188.57

0.00915

0.00970

0.0000941

-0.00004096508

22

8/3/2009

2.92

-0.00591

-0.00721

0.0000520

8/3/2009

1184.88

-0.00135

-0.00080

0.0000006

0.00000577680

23

7/27/2009

2.72

-0.03081

-0.03211

0.0010312

7/27/2009

1174.9

-0.00367

-0.00312

0.0000098

0.00010033777

24

7/20/2009

2.67

-0.00806

-0.00936

0.0000875

7/20/2009

1155.88

-0.00709

-0.00654

0.0000428

0.00006118539

25

7/13/2009

2.69

0.00324

0.00194

0.0000038

7/13/2009

1120.9

-0.01335

-0.01280

0.0001638

-0.00002485126

26

7/6/2009

2.69

0.00000

-0.00130

0.0000017

7/6/2009

1067.76

-0.02109

-0.02054

0.0004221

0.00002668803

27

6/29/2009

2.69

0.00000

-0.00130

0.0000017

6/29/2009

1072.69

0.00200

0.00255

0.0000065

-0.00000331196

28

6/22/2009

2.77

0.01273

0.01143

0.0001306

6/22/2009

1075.77

0.00125

0.00179

0.0000032

0.00002050422

29

6/15/2009

2.65

-0.01923

-0.02053

0.0004216

6/15/2009

1059.5

-0.00662

-0.00607

0.0000368

0.00012462522

30

6/8/2009

2.82

0.02700

0.02570

0.0006607

6/8/2009

1090.15

0.01239

0.01293

0.0001673

0.00033246412

31

6/1/2009

2.89

0.01065

0.00935

0.0000874

6/1/2009

1075.5

-0.00588

-0.00533

0.0000284

-0.00004980485

32

5/25/2009

2.98

0.01332

0.01202

0.0001445

5/25/2009

1044.11

-0.01286

-0.01232

0.0001517

-0.00014802117

33

5/18/2009

2.88

-0.01482

-0.01612

0.0002599

5/18/2009

1045.26

0.00048

0.00103

0.0000011

-0.00001655844

34

5/11/2009

2.8

-0.01223

-0.01353

0.0001832

5/11/2009

1014.21

-0.01310

-0.01255

0.0001574

0.00016981166

35

5/4/2009

2.89

0.01374

0.01244

0.0001548

5/4/2009

1026.78

0.00535

0.00590

0.0000348

0.00007338128

36

4/27/2009

2.96

0.01039

0.00909

0.0000827

4/27/2009

990.74

-0.01552

-0.01497

0.0002241

-0.00013613817

37

4/20/2009

3.06

0.01443

0.01313

0.0001724

4/20/2009

992.68

0.00085

0.00140

0.0000020

0.00001836346

38

4/13/2009

2.65

-0.06248

-0.06377

0.0040672

4/13/2009

965.17

-0.01221

-0.01166

0.0001359

0.00074338959

39

4/6/2009

1.99

-0.12439

-0.12569

0.0157984

4/6/2009

941.38

-0.01084

-0.01029

0.0001059

0.00129335708

40

3/30/2009

1.84

-0.03404

-0.03533

0.0012485

3/30/2009

907.01

-0.01615

-0.01560

0.0002435

0.00055135466

41

3/23/2009

1.55

-0.07449

-0.07579

0.0057434

3/23/2009

885.43

-0.01046

-0.00991

0.0000982

0.00075094770

42

3/16/2009

1.57

0.00557

0.00427

0.0000182

3/16/2009

856.82

-0.01426

-0.01372

0.0001881

-0.00005855100

43

3/10/2009

1.55

-0.00557

-0.00687

0.0000472

3/10/2009

843.45

-0.00683

-0.00628

0.0000395

0.00004313378

44

3/2/2009

1.6

0.01379

0.01249

0.0001560

3/2/2009

858.22

0.00754

0.00809

0.0000654

0.00010101582

45

2/23/2009

1.77

0.04385

0.04255

0.0018109

2/23/2009

890.67

0.01612

0.01667

0.0002778

0.00070925722

46

2/16/2009

1.75

-0.00494

-0.00623

0.0000389

2/16/2009

889.71

-0.00047

0.00008

0.0000000

-0.00000050242

47

2/10/2009

1.74

-0.00249

-0.00379

0.0000143

2/10/2009

909.84

0.00972

0.01027

0.0001054

-0.00003888416

48

2/3/2009

1.74

0.00000

-0.00130

0.0000017

2/3/2009

896.64

-0.00635

-0.00580

0.0000336

0.00000753185

49

1/28/2009

1.72

-0.00502

-0.00632

0.0000399

1/28/2009

884.45

-0.00594

-0.00540

0.0000291

0.00003410116

50

1/19/2009

1.75

0.00751

0.00621

0.0000386

1/19/2009

872.69

-0.00581

-0.00526

0.0000277

-0.00003269448

51

1/12/2009

1.92

0.04026

0.03896

0.0015182

1/12/2009

896.47

0.01168

0.01222

0.0001494

0.00047632497

52

1/5/2009

1.93

0.00226

0.00096

0.0000009

1/5/2009

919.07

0.01081

0.01136

0.0001291

0.00001087357

53

12/30/2008

1.84

-0.02074

-0.02204

0.0004857

12/30/2008

894.36

-0.01184

-0.01129

0.0001274

0.00024875512

54

12/22/2008

1.83

-0.00237

-0.00367

0.0000134

12/22/2008

867.35

-0.01332

-0.01277

0.0001630

0.00004680853

55

12/15/2008

1.8

-0.00718

-0.00848

0.0000719

12/15/2008

876.4

0.00451

0.00506

0.0000256

-0.00004287079

56

12/9/2008

1.79

-0.00242

-0.00372

0.0000138

12/9/2008

852.27

-0.01213

-0.01158

0.0001340

0.00004304646

57

12/1/2008

1.71

-0.01986

-0.02116

0.0004476

12/1/2008

838.28

-0.00719

-0.00664

0.0000441

0.00014045774

58

11/24/2008

1.81

0.02468

0.02338

0.0005468

11/24/2008

866.14

0.01420

0.01475

0.0002175

0.00034485706

59

11/17/2008

1.62

-0.04816

-0.04946

0.0024465

11/17/2008

866.88

0.00037

0.00092

0.0000008

-0.00004549722

60

11/10/2008

1.9

0.06924

0.06794

0.0046158

11/10/2008

881.65

0.00734

0.00789

0.0000622

0.00053578283

61

11/3/2008

1.99

0.02010

0.01880

0.0003535

11/3/2008

893.95

0.00602

0.00657

0.0000431

0.00012344284

62

10/28/2008

1.99

0.00000

-0.00130

0.0000017

10/28/2008

863.61

-0.01500

-0.01445

0.0002087

0.00001876688

63

10/20/2008

2.14

0.03156

0.03026

0.0009158

10/20/2008

859.11

-0.00227

-0.00172

0.0000030

-0.00005204838

64

10/13/2008

2.43

0.05519

0.05389

0.0029045

10/13/2008

905.23

0.02271

0.02326

0.0005410

0.00125351354

65

10/6/2008

2.54

0.01923

0.01793

0.0003214

10/6/2008

934.01

0.01359

0.01414

0.0002000

0.00025353493

66

9/29/2008

2.77

0.03765

0.03635

0.0013211

9/29/2008

1016.7

0.03684

0.03739

0.0013980

0.00135902319

67

9/22/2008

2.82

0.00777

0.00647

0.0000419

9/22/2008

1020.53

0.00163

0.00218

0.0000048

0.00001411750

68

9/15/2008

2.87

0.00763

0.00633

0.0000401

9/15/2008

1025.7

0.00219

0.00274

0.0000075

0.00001737676

69

9/8/2008

2.89

0.00302

0.00172

0.0000029

9/8/2008

1044.03

0.00769

0.00824

0.0000679

0.00001414992

70

9/2/2008

3

0.01622

0.01492

0.0002227

9/2/2008

1070.54

0.01089

0.01144

0.0001308

0.00017071775

71

8/25/2008

2.92

-0.01174

-0.01304

0.0001700

8/25/2008

1100.5

0.01199

0.01254

0.0001572

-0.00016343869

72

8/18/2008

2.91

-0.00149

-0.00279

0.0000078

8/18/2008

1085.6

-0.00592

-0.00537

0.0000289

0.00001498000

73

8/11/2008

2.98

0.01032

0.00902

0.0000814

8/11/2008

1095.05

0.00376

0.00431

0.0000186

0.00003892201

74

8/4/2008

2.92

-0.00883

-0.01013

0.0001027

8/4/2008

1120.31

0.00990

0.01045

0.0001093

-0.00010591671

75

7/28/2008

2.94

0.00296

0.00167

0.0000028

7/28/2008

1159.1

0.01478

0.01533

0.0002351

0.00002553376

76

7/21/2008

3.08

0.02020

0.01890

0.0003574

7/21/2008

1141.75

-0.00655

-0.00600

0.0000360

-0.00011344384

77

7/14/2008

2.91

-0.02466

-0.02596

0.0006738

7/14/2008

1105.04

-0.01419

-0.01364

0.0001862

0.00035415630

78

7/7/2008

3

0.01323

0.01193

0.0001423

7/7/2008

1150.39

0.01747

0.01802

0.0003246

0.00021491726

79

6/30/2008

2.94

-0.00877

-0.01007

0.0001015

6/30/2008

1134.14

-0.00618

-0.00563

0.0000317

0.00005670568

80

6/23/2008

2.96

0.00294

0.00165

0.0000027

6/23/2008

1190.54

0.02108

0.02163

0.0004677

0.00003558238

81

6/16/2008

3

0.00583

0.00453

0.0000205

6/16/2008

1206.67

0.00584

0.00639

0.0000409

0.00002896557

82

6/10/2008

3.19

0.02667

0.02537

0.0006437

6/9/2008

1229.35

0.00809

0.00864

0.0000746

0.00021909791

83

6/2/2008

3.09

-0.01383

-0.01513

0.0002290

6/2/2008

1248.57

0.00674

0.00729

0.0000531

-0.00011025074

84

5/26/2008

3.25

0.02192

0.02063

0.0004254

5/26/2008

1276.1

0.00947

0.01002

0.0001004

0.00020668643

85

5/20/2008

3.54

0.03712

0.03582

0.0012831

5/20/2008

1274.78

-0.00045

0.00010

0.0000000

0.00000356329

86

5/12/2008

3.72

0.02154

0.02024

0.0004097

5/12/2008

1300.67

0.00873

0.00928

0.0000861

0.00018784973

87

5/5/2008

3.85

0.01492

0.01362

0.0001855

5/5/2008

1285.27

-0.00517

-0.00462

0.0000214

-0.00006297047

88

4/28/2008

3.85

0.00000

-0.00130

0.0000017

4/28/2008

1271.48

-0.00468

-0.00414

0.0000171

0.00000537273

89

4/21/2008

3.89

0.00449

0.00319

0.0000102

4/21/2008

1288.08

0.00563

0.00618

0.0000382

0.00001972027

90

4/14/2008

3.8

-0.01017

-0.01147

0.0001314

4/14/2008

1267.65

-0.00694

-0.00639

0.0000409

0.00007331367

91

4/7/2008

3.83

0.00342

0.00212

0.0000045

4/7/2008

1246.79

-0.00721

-0.00666

0.0000443

-0.00001408729

92

3/31/2008

3.8

-0.00342

-0.00471

0.0000222

3/31/2008

1221.98

-0.00873

-0.00818

0.0000669

0.00003856364

93

3/24/2008

3.93

0.01461

0.01331

0.0001772

3/24/2008

1258.41

0.01276

0.01331

0.0001771

0.00017711497

94

3/17/2008

3.76

-0.01920

-0.02050

0.0004204

3/17/2008

1189.06

-0.02462

-0.02407

0.0005793

0.00049351406

95

3/10/2008

3.72

-0.00464

-0.00594

0.0000353

3/10/2008

1194.84

0.00211

0.00265

0.0000070

-0.00001578076

96

3/3/2008

3.91

0.02163

0.02033

0.0004135

3/3/2008

1296.33

0.03541

0.03595

0.0012927

0.00073113174

97

2/25/2008

3.99

0.00880

0.00750

0.0000562

2/25/2008

1357.4

0.01999

0.02054

0.0004219

0.00015399933

98

2/18/2008

3.95

-0.00438

-0.00567

0.0000322

2/19/2008

1369.48

0.00385

0.00440

0.0000193

-0.00002495113

99

2/11/2008

4.11

0.01724

0.01595

0.0002543

2/11/2008

1427.19

0.01793

0.01848

0.0003413

0.00029459706

100

2/4/2008

4.22

0.01147

0.01017

0.0001035

2/4/2008

1415.94

-0.00344

-0.00289

0.0000083

-0.00002937553

101

1/28/2008

3.99

-0.02434

-0.02564

0.0006573

1/28/2008

1393.25

-0.00702

-0.00647

0.0000418

0.00016580117

102

1/21/2008

3.95

-0.00438

-0.00567

0.0000322

1/21/2008

1405.4

0.00377

0.00432

0.0000187

-0.00002451444

103

1/14/2008

3.97

0.00219

0.00089

0.0000008

1/14/2008

1439.49

0.01041

0.01096

0.0001201

0.00000980010

104

1/7/2008

3.99

0.00218

0.00088

0.0000008

1/7/2008

1516.22

0.02255

0.02310

0.0005337

0.00002040737

105

12/31/2007

3.91

-0.00880

-0.01010

0.0001019

12/31/2007

1466.67

-0.01443

-0.01388

0.0001927

0.00014012998

Read also  Reflective Essay on Engineering Experience

106

12/24/2007

3.6

-0.03587

-0.03717

0.0013819

12/24/2007

1447.04

-0.00585

-0.00530

0.0000281

0.00019712743

107

12/17/2007

3.6

0.00000

-0.00130

0.0000017

12/17/2007

1403.56

-0.01325

-0.01270

0.0001613

0.00001649872

108

12/10/2007

3.72

0.01424

0.01294

0.0001675

12/10/2007

1403.41

-0.00005

0.00050

0.0000003

0.00000650340

109

12/3/2007

3.76

0.00464

0.00335

0.0000112

12/3/2007

1434.04

0.00938

0.00993

0.0000985

0.00003320977

110

11/26/2007

3.5

-0.03112

-0.03242

0.0010510

11/26/2007

1396.98

-0.01137

-0.01082

0.0001171

0.00035084114

111

11/19/2007

3.93

0.05032

0.04903

0.0024035

11/19/2007

1353.55

-0.01372

-0.01317

0.0001734

-0.00064551537

112

11/12/2007

4.87

0.09314

0.09184

0.0084341

11/12/2007

1386.64

0.01049

0.01104

0.0001218

0.00101373419

113

11/5/2007

4.87

0.00000

-0.00130

0.0000017

11/5/2007

1402.25

0.00486

0.00541

0.0000293

-0.00000702872

114

10/29/2007

5.01

0.01231

0.01101

0.0001212

10/29/2007

1397.48

-0.00148

-0.00093

0.0000009

-0.00001024900

115

10/22/2007

5.01

0.00000

-0.00130

0.0000017

10/22/2007

1398.35

0.00027

0.00082

0.0000007

-0.00000106422

116

10/15/2007

5.21

0.01700

0.01570

0.0002465

10/16/2007

1370.17

-0.00884

-0.00829

0.0000688

-0.00013019995

117

10/8/2007

5.21

0.00000

-0.00130

0.0000017

10/8/2007

1375.25

0.00161

0.00216

0.0000046

-0.00000280093

118

10/1/2007

5.25

0.00332

0.00202

0.0000041

10/1/2007

1372.39

-0.00090

-0.00036

0.0000001

-0.00000071833

119

9/24/2007

5.16

-0.00751

-0.00881

0.0000776

9/24/2007

1336.3

-0.01157

-0.01102

0.0001215

0.00009711215

120

9/17/2007

5.16

0.00000

-0.00130

0.0000017

9/17/2007

1305.94

-0.00998

-0.00943

0.0000890

0.00001225237

121

9/10/2007

5.11

-0.00423

-0.00553

0.0000306

9/10/2007

1289.5

-0.00550

-0.00495

0.0000245

0.00002737908

122

9/3/2007

5.25

0.01174

0.01044

0.0001090

9/3/2007

1304.9

0.00516

0.00570

0.0000325

0.00005955471

123

8/27/2007

5.06

-0.01601

-0.01731

0.0002996

8/27/2007

1273.93

-0.01043

-0.00988

0.0000977

0.00017104855

124

8/20/2007

5.01

-0.00431

-0.00561

0.0000315

8/20/2007

1273.52

-0.00014

0.00041

0.0000002

-0.00000229607

125

8/13/2007

4.69

-0.02866

-0.02996

0.0008978

8/13/2007

1191.55

-0.02889

-0.02834

0.0008034

0.00084931436

126

8/6/2007

5.21

0.04566

0.04437

0.0019683

8/6/2007

1287.7

0.03370

0.03425

0.0011732

0.00151959039

127

7/30/2007

5.4

0.01556

0.01426

0.0002033

7/30/2007

1335.42

0.01580

0.01635

0.0002674

0.00023313201

128

7/23/2007

5.4

0.00000

-0.00130

0.0000017

7/23/2007

1355.38

0.00644

0.00699

0.0000489

-0.00000908313

129

7/16/2007

5.64

0.01889

0.01759

0.0003093

7/16/2007

1382.36

0.00856

0.00911

0.0000830

0.00016019406

130

7/9/2007

5.69

0.00383

0.00253

0.0000064

7/9/2007

1384.72

0.00074

0.00129

0.0000017

0.00000326837

131

7/2/2007

5.69

0.00000

-0.00130

0.0000017

7/2/2007

1373.84

-0.00343

-0.00288

0.0000083

0.00000373719

132

6/25/2007

5.84

0.01130

0.01000

0.0001000

6/25/2007

1354.38

-0.00620

-0.00565

0.0000319

-0.00005647547

133

6/18/2007

6.08

0.01749

0.01619

0.0002622

6/18/2007

1391.57

0.01176

0.01231

0.0001516

0.00019937578

134

6/11/2007

6.08

0.00000

-0.00130

0.0000017

6/11/2007

1360.65

-0.00976

-0.00921

0.0000848

0.00001196384

135

6/4/2007

6.18

0.00708

0.00579

0.0000335

6/4/2007

1352.39

-0.00264

-0.00210

0.0000044

-0.00001212443

136

5/28/2007

5.16

-0.07834

-0.07964

0.0063422

5/28/2007

1360.07

0.00246

0.00301

0.0000090

-0.00023957074

137

5/21/2007

5.06

-0.00850

-0.00980

0.0000960

5/21/2007

1339.08

-0.00675

-0.00621

0.0000385

0.00006080583

138

5/14/2007

5.35

0.02420

0.02290

0.0005246

5/14/2007

1356.84

0.00572

0.00627

0.0000393

0.00014363365

139

5/7/2007

5.84

0.03806

0.03676

0.0013513

5/7/2007

1351.45

-0.00173

-0.00118

0.0000014

-0.00004336626

140

4/30/2007

6.03

0.01390

0.01261

0.0001589

4/30/2007

1363.4

0.00382

0.00437

0.0000191

0.00005511403

141

4/23/2007

6.33

0.02109

0.01979

0.0003915

4/23/2007

1324.77

-0.01248

-0.01193

0.0001424

-0.00023613949

142

4/16/2007

6.03

-0.02109

-0.02239

0.0005011

4/16/2007

1315.37

-0.00309

-0.00254

0.0000065

0.00005693983

143

4/9/2007

6.23

0.01417

0.01287

0.0001657

4/9/2007

1308.2

-0.00237

-0.00182

0.0000033

-0.00002348883

144

4/2/2007

6.47

0.01642

0.01512

0.0002285

4/2/2007

1278.92

-0.00983

-0.00928

0.0000862

-0.00014031503

145

3/26/2007

6.47

0.00000

-0.00130

0.0000017

3/26/2007

1246.87

-0.01102

-0.01047

0.0001097

0.00001360528

146

3/19/2007

6.81

0.02224

0.02094

0.0004386

3/19/2007

1235.65

-0.00393

-0.00338

0.0000114

-0.00007072211

147

3/12/2007

6.37

-0.02901

-0.03031

0.0009185

3/12/2007

1182.2

-0.01920

-0.01866

0.0003480

0.00056538947

148

3/5/2007

6.37

0.00000

-0.00130

0.0000017

3/5/2007

1188.83

0.00243

0.00298

0.0000089

-0.00000386824

149

2/26/2007

6.76

0.02581

0.02451

0.0006007

2/26/2007

1164.68

-0.00891

-0.00836

0.0000700

-0.00020499149

150

2/19/2007

7.59

0.05030

0.04900

0.0024006

2/21/2007

1283.47

0.04218

0.04273

0.0018257

0.00209350470

151

2/12/2007

7.2

-0.02291

-0.02421

0.0005860

2/12/2007

1262.09

-0.00730

-0.00675

0.0000455

0.00016332036

152

2/5/2007

7.2

0.00000

-0.00130

0.0000017

2/5/2007

1240.87

-0.00736

-0.00682

0.0000464

0.00000885315

153

1/29/2007

7.1

-0.00607

-0.00737

0.0000544

1/29/2007

1209.48

-0.01113

-0.01058

0.0001119

0.00007799848

154

1/22/2007

7.54

0.02611

0.02481

0.0006157

1/22/2007

1169.89

-0.01445

-0.01390

0.0001933

-0.00034503099

155

1/15/2007

6.37

-0.07323

-0.07453

0.0055549

1/15/2007

1147.76

-0.00829

-0.00775

0.0000600

0.00057724235

156

1/8/2007

6.23

-0.00965

-0.01095

0.0001199

1/8/2007

1119.33

-0.01089

-0.01034

0.0001070

0.00011327128

157

1/1/2007

6.03

-0.01417

-0.01547

0.0002393

1/3/2007

1120.4

0.00041

0.00096

0.0000009

-0.00001491131

158

12/25/2006

6.42

0.02722

0.02592

0.0006718

12/26/2006

1096.24

-0.00947

-0.00892

0.0000795

-0.00023115596

159

12/18/2006

6.23

-0.01305

-0.01435

0.0002058

12/18/2006

1079.72

-0.00659

-0.00605

0.0000365

0.00008672973

160

12/11/2006

5.79

-0.03181

-0.03311

0.0010962

12/11/2006

1089.32

0.00384

0.00439

0.0000193

-0.00014545486

161

12/4/2006

6.03

0.01764

0.01634

0.0002670

12/4/2006

1098.59

0.00368

0.00423

0.0000179

0.00006910234

162

11/27/2006

5.74

-0.02141

-0.02270

0.0005155

11/27/2006

1080.11

-0.00737

-0.00682

0.0000465

0.00015481523

163

11/20/2006

5.64

-0.00763

-0.00893

0.0000798

11/20/2006

1060.43

-0.00799

-0.00744

0.0000553

0.00006642642

164

11/13/2006

5.55

-0.00699

-0.00829

0.0000686

11/13/2006

1040.79

-0.00812

-0.00757

0.0000573

0.00006271834

165

11/6/2006

5.45

-0.00790

-0.00920

0.0000846

11/6/2006

1022.3

-0.00778

-0.00724

0.0000524

0.00006653708

166

10/30/2006

4.59

-0.07458

-0.07588

0.0057582

10/30/2006

998.02

-0.01044

-0.00989

0.0000978

0.00075049471

167

10/23/2006

4.52

-0.00667

-0.00797

0.0000636

10/26/2006

989.9

-0.00355

-0.00300

0.0000090

0.00002391175

168

10/16/2006

4.67

0.01418

0.01288

0.0001659

10/16/2006

979.19

-0.00472

-0.00418

0.0000174

-0.00005377678

169

10/9/2006

4.75

0.00738

0.00608

0.0000369

10/9/2006

983.54

0.00193

0.00247

0.0000061

0.00001503618

170

10/2/2006

4.79

0.00364

0.00234

0.0000055

10/2/2006

970.98

-0.00558

-0.00503

0.0000253

-0.00001179112

171

9/25/2006

4.73

-0.00547

-0.00677

0.0000459

9/25/2006

967.55

-0.00154

-0.00099

0.0000010

0.00000669163

172

9/18/2006

4.81

0.00728

0.00598

0.0000358

9/18/2006

965.23

-0.00104

-0.00049

0.0000002

-0.00000295452

173

9/11/2006

4.77

-0.00363

-0.00493

0.0000243

9/11/2006

958.99

-0.00282

-0.00227

0.0000051

0.00001117056

174

9/4/2006

4.69

-0.00735

-0.00864

0.0000747

9/4/2006

956.7

-0.00104

-0.00049

0.0000002

0.00000423033

175

8/28/2006

5.06

0.03298

0.03168

0.0010035

8/28/2006

960.69

0.00181

0.00236

0.0000056

0.00007464875

176

8/21/2006

4.67

-0.03483

-0.03613

0.0013056

8/21/2006

950.52

-0.00462

-0.00407

0.0000166

0.00014717088

177

8/14/2006

4.5

-0.01610

-0.01740

0.0003029

8/14/2006

942

-0.00391

-0.00336

0.0000113

0.00005850008

178

8/7/2006

4.48

-0.00193

-0.00323

0.0000105

8/7/2006

942.27

0.00012

0.00067

0.0000005

-0.00000217749

179

7/31/2006

4.77

0.02724

0.02594

0.0006730

7/31/2006

937.99

-0.00198

-0.00143

0.0000020

-0.00003704973

180

7/24/2006

5.01

0.02132

0.02002

0.0004008

7/24/2006

934.72

-0.00152

-0.00097

0.0000009

-0.00001937425

181

7/17/2006

4.96

-0.00436

-0.00566

0.0000320

7/17/2006

924.72

-0.00467

-0.00412

0.0000170

0.00002331225

182

7/10/2006

4.96

0.00000

-0.00130

0.0000017

7/10/2006

913.63

-0.00524

-0.00469

0.0000220

0.00000609378

183

7/3/2006

5.06

0.00867

0.00737

0.0000543

7/3/2006

925.56

0.00563

0.00618

0.0000382

0.00004556866

184

6/26/2006

5.06

0.00000

-0.00130

0.0000017

6/26/2006

914.69

-0.00513

-0.00458

0.0000210

0.00000595186

185

6/19/2006

5.11

0.00427

0.00297

0.0000088

6/19/2006

906.34

-0.00398

-0.00343

0.0000118

-0.00001020309

186

6/12/2006

4.87

-0.02089

-0.02219

0.0004924

6/12/2006

893.5

-0.00620

-0.00565

0.0000319

0.00012532688

187

6/5/2006

5.16

0.02512

0.02382

0.0005675

6/5/2006

915.4

0.01052

0.01107

0.0001224

0.00026359402

188

5/29/2006

5.6

0.03554

0.03424

0.0011723

5/29/2006

930.72

0.00721

0.00776

0.0000602

0.00026559684

189

5/22/2006

5.55

-0.00390

-0.00519

0.0000270

5/22/2006

930.75

0.00001

0.00056

0.0000003

-0.00000292397

190

5/15/2006

5.79

0.01839

0.01709

0.0002919

5/15/2006

944.4

0.00632

0.00687

0.0000472

0.00011741653

191

5/8/2006

6.08

0.02123

0.01993

0.0003970

5/8/2006

966.05

0.00984

0.01039

0.0001080

0.00020708198

192

5/1/2006

5.84

-0.01749

-0.01879

0.0003531

5/1/2006

961.38

-0.00210

-0.00156

0.0000024

0.00002922899

193

4/24/2006

5.79

-0.00373

-0.00503

0.0000253

4/24/2006

949.23

-0.00552

-0.00497

0.0000247

0.00002503924

194

4/17/2006

5.84

0.00373

0.00244

0.0000059

4/17/2006

948.19

-0.00048

0.00007

0.0000000

0.00000017743

195

4/10/2006

5.69

-0.01130

-0.01260

0.0001588

4/10/2006

938.32

-0.00454

-0.00400

0.0000160

0.00005034125

196

4/3/2006

5.64

-0.00383

-0.00513

0.0000263

4/3/2006

943.71

0.00249

0.00304

0.0000092

-0.00001558410

197

3/27/2006

5.55

-0.00699

-0.00829

0.0000686

3/27/2006

926.63

-0.00793

-0.00738

0.0000545

0.00006117155

198

3/20/2006

5.55

0.00000

-0.00130

0.0000017

3/20/2006

926.09

-0.00025

0.00030

0.0000001

-0.00000038423

199

3/13/2006

5.69

0.01082

0.00952

0.0000906

3/13/2006

922.62

-0.00163

-0.00108

0.0000012

-0.00001029506

200

3/6/2006

5.45

-0.01872

-0.02001

0.0004006

3/6/2006

921.96

-0.00031

0.00024

0.0000001

-0.00000476667

201

2/27/2006

5.6

0.01179

0.01049

0.0001101

2/27/2006

916.93

-0.00238

-0.00183

0.0000033

-0.00001916927

202

2/20/2006

5.11

-0.03977

-0.04107

0.0016864

2/20/2006

924.91

0.00376

0.00431

0.0000186

-0.00017708703

203

2/13/2006

5.3

0.01585

0.01456

0.0002119

2/13/2006

926.47

0.00073

0.00128

0.0000016

0.00001864364

204

2/6/2006

5.21

-0.00744

-0.00874

0.0000763

2/6/2006

920.31

-0.00290

-0.00235

0.0000055

0.00002051736

205

1/30/2006

5.25

0.00332

0.00202

0.0000041

1/30/2006

923.31

0.00141

0.00196

0.0000039

0.00000396890

206

1/23/2006

5.21

-0.00332

-0.00462

0.0000214

1/23/2006

927.85

0.00213

0.00268

0.0000072

-0.00001237948

207

1/16/2006

5.16

-0.00419

-0.00549

0.0000301

1/16/2006

905.41

-0.01063

-0.01008

0.0001017

0.00005532911

208

1/9/2006

5.5

0.02771

0.02641

0.0006977

1/9/2006

911.9

0.00310

0.00365

0.0000133

0.00009643390

209

1/2/2006

6.13

0.04710

0.04580

0.0020975

1/2/2006

911.67

-0.00011

0.00044

0.0000002

0.00002012355

210

12/26/2005

6.37

0.01668

0.01538

0.0002365

12/26/2005

899.79

-0.00570

-0.00515

0.0000265

-0.00007916898

211

12/19/2005

5.98

-0.02744

-0.02874

0.0008258

12/19/2005

892.13

-0.00371

-0.00316

0.0000100

0.00009092698

212

12/12/2005

6.08

0.00720

0.00590

0.0000348

12/12/2005

893.37

0.00060

0.00115

0.0000013

0.00000680162

213

12/5/2005

6.23

0.01058

0.00929

0.0000862

12/5/2005

898.3

0.00239

0.00294

0.0000086

0.00002728964

214

11/28/2005

6.08

-0.01058

-0.01188

0.0001412

11/28/2005

885.14

-0.00641

-0.00586

0.0000343

0.00006964323

215

11/21/2005

7.49

0.09058

0.08928

0.0079708

11/21/2005

904.28

0.00929

0.00984

0.0000968

0.00087849841

216

11/14/2005

7.54

0.00289

0.00159

0.0000025

11/14/2005

901.72

-0.00123

-0.00068

0.0000005

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