1.

Modelo bsico de flujo de caja

Variables de entrada
Inversin
#NAME?
Ventas base
#NAME?
Tasa crecimiento ventas
#NAME?
Costo directo
#NAME?
Costo indirecto
#NAME?
Tasa de inflacin
#NAME?
Tasa de descuento
#NAME?
Periodos
0
Ingresos
Costo indirecto
Costo directo
Utilidad bruta
#NAME?
Flujo de efectivo
#NAME?
VAN @10%
Decision
TIR

#NAME?
#NAME?
#NAME?

Considera riesgos estrats?

Aos de flujo efectivo

#NAME?
#NAME?

2. Estadsticos
Media
Desviacin Estndar
Prob(x>=Objetivo)

VAN
#NAME?
#NAME?
#NAME?

Grfico @RISK

1
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

2
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

3
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

4
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

0 Sin riesgos estrategicos

1 Con riesgos estrategicos
TIR
#NAME?
#NAME?
#NAME?

3. Escenarios
Inversion
Costo directo
Costo indirecto
Media VAN@10%
Prob(VAN<=0)
Rentabilidad ajustada a riesgo

2
2,000
25%
280
#NAME?
#NAME?
#NAME?

4. Descuentos
Descuento nulo
Descuento moderado
Descuento agresivo
Descuento calculado

1
1,600
35%
260
#NAME?
#NAME?
#NAME?

2
2,000
25%
280
#NAME?
#NAME?
#NAME?

3
2,200
20%
300
#NAME?
#NAME?
#NAME?

4
3,300
5%
325
#NAME?
#NAME?
#NAME?

P(VAN<=0)

5a. Correlaciones
Correlaciones @RISK

Costo directo / Variables

Costo indirecto
de entrada
/ Variables
Tasa
en $B$6
crecimiento
de entrada
ventas
Ventas
en $B$7
/ base
Variables
/ Variables
de entrada
de entrada
en $B$5
en $B$4

Costo directo / Variables de entrada en $B$6

Costo indirecto / Variables de entrada en $B$70.82

Tasa crecimiento ventas / Variables de entrada en

0 $B$5

Ventas base / Variables de entrada en $B$4

0.8

5b. Correl o no correl

Sin correlaciones
Con correlaciones

1
0
1
Rentabilidad
MediaVAN

Riesgo
P(VAN<=0)

5c. Correl VB-TCV

Escenario
1
2
3
4
5
6
7
8
9
6. Convergencia
1%
2%
3%

Correl
-1.00
-0.75
-0.50
-0.25
0.00
0.25
0.50
0.75
1.00

-1.50

Iteraciones MediaVAN

Iteraciones
1
1

4%
5%

1
1
1
0
0
0
0%

1%

2%

DISTRIB
PERT
TRIANGULAR
TRIANGULAR
PERT
NORMAL
LOGNORMAL

Param1

Param2

Param3

1,400
500
0%
25%
250
5%

1,500
700
10%
28%
50
1%

3,000
1,000
25%
55%

5
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

6
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

7
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

Tr.Min

Tr.Max

2%

8%

8
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

9
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

10
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

Var%Min
10%
10%
10%

Var%Max
30%
30%
30%

les de entrada en $B$4

1
0

MediaVPN

P(VAN<=0)

120%

100%

80%

60%

40%

20%

0
-1.50

-1.00

-0.50

Iteraciones

0%
0.00

0.50

1.00

1.50

-1.50

-1.00

-0.50

0.00

2%

3%

4%

5%

6%

P(VAN<=0)

(VAN<=0)

120.00%
100.00%
80.00%
60.00%
40.00%
20.00%
0.50

1.00

1.50

0.00%
2,300.002,800.00

#
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

7. Datos histricos
Costo directo
Costo
indirecto
19.14%
218
30.01%
286
32.38%
239
28.77%
254
29.59%
281
14.67%
105
30.32%
252
53.26%
633
23.35%
265
25.77%
223
49.51%
489
25.45%
190
18.28%
126
27.75%
260
21.65%
200
24.13%
230
18.06%
189
33.00%
235
31.09%
332
19.57%
143
50.05%
601
20.20%
172
20.69%
213
33.05%
208
37.50%
320
29.70%
270
20.41%
181
28.37%
270
28.59%
293
31.29%
315
20.98%
237

JERARQUIAS
Costo directo Costo indirecto

correlacion PEARSON lineal

0.876433 0.876413

correlacion SPEARMAN no lin

84
34
26
39
36
95
33
1
66
54
3
55
87
44
74
62
88
24
30
83
2
80
78
23
14
35
79
41
40
29
77

65
34
55
49
36
94
50
1
44
63
3
77
93
46
73
59
78
57
18
90
2
83
68
70
21
41
81
42
32
23
56

0.8291

Costo indirecto versus costo directo

1,200

1,000

y = 999.3x - 16.315
R = 0.7681

800

600

400

200

0
10%

20%

30%

40%

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

27.34%
29.14%
23.77%
16.44%
39.81%
24.38%
26.07%
24.62%
25.37%
22.26%
26.81%
33.85%
32.46%
46.51%
38.70%
17.76%
34.49%
24.55%
28.19%
15.52%
17.21%
41.04%
21.50%
23.43%
27.04%
22.16%
22.96%
37.87%
18.69%
39.26%
26.29%
38.66%
30.88%
24.82%

353
232
199
129
295
248
330
194
325
158
306
340
304
404
363
202
278
183
216
134
168
377
215
167
267
222
225
350
163
420
229
244
210
280

46
38
64
92
9
61
52
59
56
71
48
21
25
4
11
89
19
60
42
94
90
8
75
65
47
72
68
13
86
10
51
12
31
58

13
58
74
92
30
52
19
76
20
87
26
16
27
7
12
72
38
80
66
91
84
10
67
85
43
64
62
14
86
5
60
53
69
37

66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96

21.25%
25.78%
31.51%
13.24%
22.45%
41.64%
21.86%
35.55%
34.33%
16.97%
28.05%
19.10%
19.78%
23.85%
42.83%
22.68%
30.65%
33.69%
35.98%
36.14%
20.03%
27.57%
43.54%
25.11%
15.60%
36.61%
26.67%
32.06%
29.34%
23.01%
26.59%

242
255
275
77
175
450
257
313
366
100
249
195
147
205
407
186
300
318
309
346
295
289
387
228
152
385
284
335
261
298
273

76
53
28
96
70
7
73
18
20
91
43
85
82
63
6
69
32
22
17
16
81
45
5
57
93
15
49
27
37
67
50

54
48
39
96
82
4
47
24
11
95
51
75
89
71
6
79
28
22
25
15
31
33
8
61
88
9
35
17
45
29
40

sto directo

50%

8. Riesgos estratgicos o
riesgos de evento
Evento
Expropiacion
Ataque terrorista
Problemas comunitarios
Huelga
Secuestro de ejecutivo
Inundacin
Incendio
Terremoto
Fusin o adquisicin
Dao ambiental severo
Totals

SEVERIDAD IMPACTO
FRECUENCIA DE
Podra
Probabilidad Primer ao
POTENCIAL
(Millones
de
EVENTOS
Negocio
Ao de
suceder
anual de que evento
contina
cierre
cada n aos
ocurrencia
sucede
Mnimo Probable Mximo 1 2 3 4 5 6 7 8 9 10 TOTAL
50.0
5.0
1.5
3.0
10.0
25.0
15.0
40.0
50.0
25.0

0
1
1
1
1
1
1
1
0
1

2.0%
20.0%
66.7%
33.3%
10.0%
4.0%
6.7%
2.50%
2.0%
4.0%

0
0
0
0
0
0
0
0
0
0

99

99
99

430
10
5
15
2
10
20
35
-1,000
20

1,400
100
80
100
30
90
300
500
400
500

4,500
800
200
450
50
200
900
1,500
2,500
1,300

#
#
#
#
#
#
#
#
#
#
#

#
#
#
#
#
#
#
#
#
#
#

#
#
#
#
#
#
#
#
#
#
#

#
#
#
#
#
#
#
#
#
#
#

#
#
#
#
#
#
#
#
#
#
#

#
#
#
#
#
#
#
#
#
#
#

#
#
#
#
#
#
#
#
#
#
#

#
#
#
#
#
#
#
#
#
#
#

#
#
#
#
#
#
#
#
#
#
#

##
##
##
##
##
##
##
##
##
##
##

######
######
######
######
######
######
######
######
######
######
######

SEVERIDAD DEL EVENTO

MAGNITUD DEL EVENTO

10

######
######
######
######
######
######
######
######
######
######

######
######
######
######
######
######
######
######
######
######

######
######
######
######
######
######
######
######
######
######

######
######
######
######
######
######
######
######
######
######

######
######
######
######
######
######
######
######
######
######

######
######
######
######
######
######
######
######
######
######

######
######
######
######
######
######
######
######
######
######

######
######
######
######
######
######
######
######
######
######

######
######
######
######
######
######
######
######
######
######

######
######
######
######
######
######
######
######
######
######

0
######
######
######
######
######
######
######
0
######
######

0
#####
#####
#####
#####
#####
#####
#####
0
#####
#####

0
#####
#####
#####
#####
#####
#####
#####
0
#####
#####

0
#####
#####
#####
#####
#####
#####
#####
0
#####
#####

0
#####
#####
#####
#####
#####
#####
#####
0
#####
#####

0
#####
#####
#####
#####
#####
#####
#####
0
#####
#####

0
#####
#####
#####
#####
#####
#####
#####
0
#####
#####

0
#####
#####
#####
#####
#####
#####
#####
0
#####
#####

10

TOTAL

0
#####
#####
#####
#####
#####
#####
#####
0
#####
#####

0
#####
#####
#####
#####
#####
#####
#####
0
#####
#####

######
######
######
######
######
######
######
######
######
######
######

SERIE
1
2
3
4
5
6
7
8
9
10
11
12
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

9. SERIES DE TIEMPO
MES
IPC
Infl Anual
Jan-69 0.0154
Feb-69 0.0155
Mar-69 0.0155
Apr-69 0.0155
May-69 0.0155
Jun-69 0.0156
Jul-69 0.0157
Aug-69 0.0157
Sep-69 0.0158
Oct-69 0.0160
Nov-69 0.0160
Dec-69 0.0161
Jan-70 0.0162
5.068%
Feb-70 0.0162
4.698%
Mar-70 0.0163
4.893%
Apr-70 0.0163
4.751%
May-70 0.0163
4.962%
Jun-70 0.0164
5.213%
Jul-70 0.0165
5.321%
Aug-70 0.0166
5.672%
Sep-70 0.0166
4.980%
Oct-70 0.0166
3.970%
Nov-70 0.0167
4.496%
Dec-70 0.0169
4.588%
Jan-71 0.0170
4.812%
Feb-71 0.0171
5.238%
Mar-71 0.0172
5.323%
Apr-71 0.0173
5.705%
May-71 0.0173
5.704%
Jun-71 0.0174
5.550%
Jul-71 0.0174
4.986%
Aug-71 0.0175
5.433%
Sep-71 0.0176
5.518%
Oct-71 0.0176
5.582%
Nov-71 0.0176
5.206%
Dec-71 0.0177
4.841%
Jan-72 0.0178
4.302%
Feb-72 0.0178
4.199%
Mar-72 0.0179
4.364%
Apr-72 0.0181
4.480%
May-72 0.0181
4.471%
Jun-72 0.0182
4.756%
Jul-72 0.0183
5.210%
Aug-72 0.0184
4.956%
Sep-72 0.0185
5.085%

100%

10%

1%
30%
20%
10%
0%
Jul-12

Jul-13

Jul-14

Jul-15

Jul-16

MED
1
#DIV/0!

2
#DIV/0!

3
#DIV/0!

4
#DIV/0!

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
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92

Oct-72
Nov-72
Dec-72
Jan-73
Feb-73
Mar-73
Apr-73
May-73
Jun-73
Jul-73
Aug-73
Sep-73
Oct-73
Nov-73
Dec-73
Jan-74
Feb-74
Mar-74
Apr-74
May-74
Jun-74
Jul-74
Aug-74
Sep-74
Oct-74
Nov-74
Dec-74
Jan-75
Feb-75
Mar-75
Apr-75
May-75
Jun-75
Jul-75
Aug-75
Sep-75
Oct-75
Nov-75
Dec-75
Jan-76
Feb-76
Mar-76
Apr-76
May-76
Jun-76
Jul-76
Aug-76

0.0185
0.0186
0.0187
0.0190
0.0191
0.0193
0.0196
0.0198
0.0200
0.0205
0.0208
0.0213
0.0216
0.0218
0.0227
0.0235
0.0240
0.0242
0.0245
0.0247
0.0250
0.0253
0.0256
0.0259
0.0264
0.0271
0.0274
0.0277
0.0279
0.0280
0.0283
0.0287
0.0291
0.0294
0.0296
0.0298
0.0300
0.0302
0.0305
0.0310
0.0316
0.0319
0.0322
0.0324
0.0325
0.0328
0.0331

5.060%
5.545%
5.407%
6.407%
6.919%
7.249%
8.195%
9.052%
9.132%
11.287%
12.224%
14.118%
15.321%
15.896%
19.369%
21.444%
22.856%
22.749%
22.525%
22.251%
22.418%
21.320%
20.778%
19.555%
20.246%
21.762%
18.729%
16.483%
14.798%
14.658%
14.152%
14.698%
15.400%
14.761%
14.573%
14.171%
12.717%
10.676%
10.710%
11.355%
12.658%
13.003%
12.860%
12.229%
10.944%
10.990%
11.079%

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

Sep-76
Oct-76
Nov-76
Dec-76
Jan-77
Feb-77
Mar-77
Apr-77
May-77
Jun-77
Jul-77
Aug-77
Sep-77
Oct-77
Nov-77
Dec-77
Jan-78
Feb-78
Mar-78
Apr-78
May-78
Jun-78
Jul-78
Aug-78
Sep-78
Oct-78
Nov-78
Dec-78
Jan-79
Feb-79
Mar-79
Apr-79
May-79
Jun-79
Jul-79
Aug-79
Sep-79
Oct-79
Nov-79
Dec-79
Jan-80
Feb-80
Mar-80
Apr-80
May-80
Jun-80
Jul-80

0.0342
0.0362
0.0378
0.0387
0.0400
0.0409
0.0416
0.0422
0.0426
0.0431
0.0436
0.0445
0.0453
0.0456
0.0461
0.0467
0.0478
0.0485
0.0490
0.0495
0.0500
0.0507
0.0515
0.0521
0.0527
0.0533
0.0538
0.0543
0.0562
0.0570
0.0578
0.0583
0.0591
0.0597
0.0605
0.0614
0.0621
0.0632
0.0640
0.0652
0.0683
0.0699
0.0714
0.0726
0.0738
0.0753
0.0774

13.708%
18.676%
22.397%
24.061%
25.283%
25.614%
26.369%
27.172%
27.348%
28.166%
28.447%
29.527%
27.932%
23.214%
19.883%
18.781%
17.843%
17.085%
16.391%
15.996%
16.096%
16.245%
16.802%
15.763%
15.139%
15.582%
15.519%
14.988%
16.278%
16.280%
16.592%
16.378%
16.704%
16.441%
15.964%
16.474%
16.558%
17.084%
17.340%
18.249%
19.521%
20.379%
21.068%
21.909%
22.226%
23.087%
24.636%

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

Aug-80
Sep-80
Oct-80
Nov-80
Dec-80
Jan-81
Feb-81
Mar-81
Apr-81
May-81
Jun-81
Jul-81
Aug-81
Sep-81
Oct-81
Nov-81
Dec-81
Jan-82
Feb-82
Mar-82
Apr-82
May-82
Jun-82
Jul-82
Aug-82
Sep-82
Oct-82
Nov-82
Dec-82
Jan-83
Feb-83
Mar-83
Apr-83
May-83
Jun-83
Jul-83
Aug-83
Sep-83
Oct-83
Nov-83
Dec-83
Jan-84
Feb-84
Mar-84
Apr-84
May-84
Jun-84

0.0790
0.0798
0.0810
0.0825
0.0846
0.0873
0.0895
0.0914
0.0935
0.0949
0.0962
0.0979
0.0999
0.1018
0.1040
0.1060
0.1089
0.1143
0.1188
0.1231
0.1298
0.1371
0.1437
0.1511
0.1681
0.1770
0.1862
0.1956
0.2165
0.2401
0.2530
0.2652
0.2820
0.2942
0.3054
0.3205
0.3329
0.3431
0.3545
0.3754
0.3914
0.4163
0.4382
0.4570
0.4767
0.4926
0.5104

25.185%
25.070%
24.842%
25.283%
26.118%
24.529%
24.670%
24.751%
25.248%
25.131%
24.555%
23.547%
23.536%
24.275%
24.966%
25.152%
25.219%
26.898%
28.325%
29.796%
32.844%
36.811%
40.128%
43.406%
52.002%
55.359%
58.219%
61.245%
68.735%
74.215%
75.588%
76.727%
77.588%
76.365%
75.377%
75.179%
68.351%
66.182%
64.392%
65.167%
59.210%
55.041%
54.956%
54.415%
52.511%
51.527%
51.366%

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

Jul-84
Aug-84
Sep-84
Oct-84
Nov-84
Dec-84
Jan-85
Feb-85
Mar-85
Apr-85
May-85
Jun-85
Jul-85
Aug-85
Sep-85
Oct-85
Nov-85
Dec-85
Jan-86
Feb-86
Mar-86
Apr-86
May-86
Jun-86
Jul-86
Aug-86
Sep-86
Oct-86
Nov-86
Dec-86
Jan-87
Feb-87
Mar-87
Apr-87
May-87
Jun-87
Jul-87
Aug-87
Sep-87
Oct-87
Nov-87
Dec-87
Jan-88
Feb-88
Mar-88
Apr-88
May-88

0.5271
0.5421
0.5582
0.5778
0.5976
0.6230
0.6692
0.6970
0.7240
0.7463
0.7639
0.7831
0.8103
0.8458
0.8795
0.9130
0.9551
1.0201
1.1103
1.1596
1.2135
1.2769
1.3479
1.4344
1.5059
1.6260
1.7235
1.8221
1.9452
2.0988
2.2688
2.4325
2.5932
2.8201
3.0327
3.2521
3.5155
3.8028
4.0534
4.3912
4.7395
5.4395
6.2806
6.8044
7.1528
7.3730
7.5156

49.765%
48.760%
48.664%
48.834%
46.502%
46.472%
47.468%
46.396%
46.012%
44.808%
43.887%
42.806%
43.003%
44.479%
45.460%
45.754%
46.890%
49.317%
50.633%
50.912%
51.654%
53.712%
56.779%
60.527%
61.972%
65.364%
67.274%
69.105%
71.132%
72.149%
71.463%
74.080%
75.936%
79.235%
81.095%
81.858%
84.777%
84.962%
85.516%
87.962%
89.057%
95.231%
101.822%
102.866%
101.461%
96.104%
90.753%

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
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280

Jun-88
Jul-88
Aug-88
Sep-88
Oct-88
Nov-88
Dec-88
Jan-89
Feb-89
Mar-89
Apr-89
May-89
Jun-89
Jul-89
Aug-89
Sep-89
Oct-89
Nov-89
Dec-89
Jan-90
Feb-90
Mar-90
Apr-90
May-90
Jun-90
Jul-90
Aug-90
Sep-90
Oct-90
Nov-90
Dec-90
Jan-91
Feb-91
Mar-91
Apr-91
May-91
Jun-91
Jul-91
Aug-91
Sep-91
Oct-91
Nov-91
Dec-91
Jan-92
Feb-92
Mar-92
Apr-92

7.6690
7.7970
7.8687
7.9137
7.9741
8.0808
8.2494
8.4513
8.5660
8.6589
8.7884
8.9093
9.0175
9.1077
9.1945
9.2824
9.4197
9.5519
9.8743
10.3508
10.5852
10.7718
10.9358
11.1266
11.3717
11.5791
11.7764
11.9442
12.1159
12.4376
12.8296
13.1566
13.3863
13.5772
13.7194
13.8536
13.9989
14.1226
14.2209
14.3626
14.5296
14.8904
15.2409
15.5179
15.7018
15.8616
16.0030

85.788%
79.655%
72.715%
66.905%
59.660%
53.356%
41.645%
29.686%
23.023%
19.107%
17.560%
17.011%
16.199%
15.539%
15.571%
15.953%
16.661%
16.726%
17.980%
20.275%
21.166%
21.835%
21.861%
22.224%
23.196%
24.008%
24.749%
25.213%
25.172%
26.398%
26.182%
23.986%
23.477%
23.146%
22.677%
21.920%
20.785%
19.858%
18.862%
18.438%
18.167%
17.999%
17.223%
16.507%
15.954%
15.551%
15.396%

281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327

May-92
Jun-92
Jul-92
Aug-92
Sep-92
Oct-92
Nov-92
Dec-92
Jan-93
Feb-93
Mar-93
Apr-93
May-93
Jun-93
Jul-93
Aug-93
Sep-93
Oct-93
Nov-93
Dec-93
Jan-94
Feb-94
Mar-94
Apr-94
May-94
Jun-94
Jul-94
Aug-94
Sep-94
Oct-94
Nov-94
Dec-94
Jan-95
Jan-95
Feb-95
Feb-95
Mar-95
Mar-95
Apr-95
Apr-95
May-95
May-95
Jun-95
Jun-95
Jul-95
Jul-95
Aug-95

16.1085
16.2175
16.3199
16.4202
16.5630
16.6823
16.8209
17.0604
17.2744
17.4155
17.5170
17.6180
17.7187
17.8181
17.9037
17.9996
18.1329
18.2070
18.2873
18.4268
18.5696
18.6651
18.7611
18.8530
18.9441
19.0389
19.1233
19.2124
19.3491
19.4507
19.5546
19.7261
20.4686
21.3361
22.5939
24.3943
25.4139
26.2204
26.7550
27.1988
27.7614
28.3326
29.0312
29.9770
31.0547
31.7795
32.4791

15.080%
14.711%
14.461%
14.380%
14.254%
13.816%
12.190%
11.278%
10.723%
10.359%
9.927%
9.615%
9.528%
9.412%
9.262%
9.184%
9.056%
8.746%
8.359%
7.705%
7.230%
6.930%
6.861%
6.775%
6.687%
6.627%
6.590%
6.521%
6.492%
6.607%
6.700%
6.814%
9.737%
13.374%
18.590%
25.768%
29.380%
32.006%
33.581%
34.761%
36.100%
37.613%
39.516%
41.849%
41.686%
39.842%
36.292%

328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
371
372
373
374

Aug-95
Sep-95
Sep-95
Oct-95
Oct-95
Nov-95
Nov-95
Dec-95
Dec-95
Jan-96
Feb-96
Mar-96
Apr-96
May-96
Jun-96
Jul-96
Aug-96
Sep-96
Oct-96
Nov-96
Dec-96
Jan-97
Feb-97
Mar-97
Apr-97
May-97
Jun-97
Jul-97
Aug-97
Sep-97
Oct-97
Nov-97
Dec-97
Jan-98
Feb-98
Mar-98
Apr-98
May-98
Jun-98
Jul-98
Aug-98
Sep-98
Oct-98
Nov-98
Dec-98
Jan-99
Feb-99

33.4024
34.0112
34.5651
35.0564
35.5224
36.0903
36.5408
37.0944
38.2821
39.2666
39.9264
40.4233
40.8600
41.2329
41.5988
41.9612
42.3343
42.8615
43.2041
43.6874
44.2995
45.2633
46.0557
46.5952
47.0312
47.4058
47.9661
48.4286
48.8942
49.6872
50.3992
51.2918
52.5433
53.8701
54.5941
55.1013
55.6070
55.9415
56.3090
56.6812
57.0002
57.5510
57.9155
58.4305
59.0159
59.8083
60.3388

31.428%
29.140%
27.630%
27.024%
26.699%
26.238%
25.442%
24.510%
24.455%
23.462%
22.822%
21.881%
20.152%
19.255%
18.523%
17.979%
17.543%
17.195%
16.751%
16.359%
14.599%
14.212%
14.281%
14.209%
14.066%
13.951%
14.242%
14.335%
14.406%
14.777%
15.404%
16.047%
17.066%
17.408%
17.007%
16.767%
16.750%
16.556%
16.036%
15.735%
15.340%
14.692%
13.901%
13.031%
11.617%
10.457%
10.005%

375
376
377
378
379
380
381
382
383
384
385
386
387
388
389
390
391
392
393
394
395
396
397
398
399
400
401
402
403
404
405
406
407
408
409
410
411
412
413
414
415
416
417
418
419
420
421

Mar-99
Apr-99
May-99
Jun-99
Jul-99
Aug-99
Sep-99
Oct-99
Nov-99
Dec-99
Jan-00
Feb-00
Mar-00
Apr-00
May-00
Jun-00
Jul-00
Aug-00
Sep-00
Oct-00
Nov-00
Dec-00
Jan-01
Feb-01
Mar-01
Apr-01
May-01
Jun-01
Jul-01
Aug-01
Sep-01
Oct-01
Nov-01
Dec-01
Jan-02
Feb-02
Mar-02
Apr-02
May-02
Jun-02
Jul-02
Aug-02
Sep-02
Oct-02
Nov-02
Dec-02
Jan-03

60.6734
61.0186
61.2467
61.6095
61.8498
62.1896
62.6439
63.0753
63.6146
64.3033
64.6598
64.6170
65.0264
65.3544
65.5044
65.6593
65.4887
65.8767
66.4900
66.7905
67.0421
67.1349
67.7546
67.7111
68.0574
68.4292
68.5679
68.9022
69.1000
69.3627
69.7800
70.0875
70.6544
70.9619
71.2488
71.4467
71.8977
72.0204
71.7880
71.8474
71.9515
72.1673
72.5969
72.8631
73.4679
73.7837
74.2423

9.633%
9.287%
9.060%
8.996%
8.727%
8.713%
8.480%
8.534%
8.500%
8.580%
7.799%
6.850%
6.929%
6.865%
6.721%
6.366%
5.717%
5.760%
5.958%
5.723%
5.248%
4.309%
4.675%
4.677%
4.556%
4.597%
4.571%
4.821%
5.368%
5.156%
4.830%
4.818%
5.248%
5.544%
5.028%
5.370%
5.489%
5.115%
4.589%
4.186%
4.044%
3.964%
3.958%
3.884%
3.905%
3.899%
4.116%

422
423
424
425
426
427
428
429
430
431
432
433
434
435
436
437
438
439
440
441
442
443
444
445
446
447
448
449
450
451
452
453
454
455
456
457
458
459
460
461
462
463
464
465
466
467
468

Feb-03
Mar-03
Apr-03
May-03
Jun-03
Jul-03
Aug-03
Sep-03
Oct-03
Nov-03
Dec-03
Jan-04
Feb-04
Mar-04
Apr-04
May-04
Jun-04
Jul-04
Aug-04
Sep-04
Oct-04
Nov-04
Dec-04
Jan-05
Feb-05
Mar-05
Apr-05
May-05
Jun-05
Jul-05
Aug-05
Sep-05
Oct-05
Nov-05
Dec-05
Jan-06
Feb-06
Mar-06
Apr-06
May-06
Jun-06
Jul-06
Aug-06
Sep-06
Oct-06
Nov-06
Dec-06

74.6864
74.9395
75.0526
74.8643
74.9843
75.1808
75.6449
76.2704
76.7986
77.4537
77.6137
77.6165
77.8751
78.2261
78.5047
78.3075
78.2323
78.5385
78.6323
78.9474
79.1412
79.7108
80.2004
80.6707
80.7941
80.8955
81.0141
80.6535
80.7231
80.9445
81.3575
82.1788
82.5381
82.9712
83.4511
83.8821
84.1166
84.2986
84.2483
83.8373
83.9380
84.2945
84.6379
85.2951
85.6275
86.2316
86.5881

4.435%
4.144%
4.124%
4.196%
4.274%
4.390%
4.706%
4.936%
5.260%
5.283%
5.061%
4.445%
4.181%
4.292%
4.497%
4.497%
4.240%
4.369%
3.873%
3.450%
3.005%
2.872%
3.278%
3.860%
3.680%
3.356%
3.147%
2.952%
3.134%
3.017%
3.407%
4.012%
4.203%
4.009%
3.973%
3.904%
4.030%
4.121%
3.915%
3.872%
3.905%
4.055%
3.953%
3.722%
3.675%
3.854%
3.690%

469
470
471
472
473
474
475
476
477
478
479
480
481
482
483
484
485
486
487
488
489
490
491
492
493
494
495
496
497
498
499
500
501
502
503
504
505
506
507
508
509
510
511
512
513
514
515

Jan-07
Feb-07
Mar-07
Apr-07
May-07
Jun-07
Jul-07
Aug-07
Sep-07
Oct-07
Nov-07
Dec-07
Jan-08
Feb-08
Mar-08
Apr-08
May-08
Jun-08
Jul-08
Aug-08
Sep-08
Oct-08
Nov-08
Dec-08
Jan-09
Feb-09
Mar-09
Apr-09
May-09
Jun-09
Jul-09
Aug-09
Sep-09
Oct-09
Nov-09
Dec-09
Jan-10
Feb-10
Mar-10
Apr-10
May-10
Jun-10
Jul-10
Aug-10
Sep-10
Oct-10
Nov-10

86.9894
87.2480
87.8804
88.0804
87.9852
88.3493
88.8417
89.3547
89.9637
90.5767
91.6063
92.2407
92.4545
92.6586
93.1916
93.5178
93.2454
93.4171
93.6716
93.8957
94.3667
94.6522
95.1432
95.5370
96.5755
97.1341
97.8236
97.5119
96.8975
96.8672
97.0775
97.3471
97.8574
98.4615
99.2504
99.7421
100.2280
100.6040
100.7970
100.7890
100.0460
100.0410
100.5210
100.6800
100.9270
101.6080
102.7070

3.637%
3.655%
4.161%
4.448%
4.829%
5.122%
5.254%
5.423%
5.329%
5.619%
6.046%
6.324%
6.093%
6.017%
5.868%
5.990%
5.807%
5.578%
5.294%
4.957%
4.778%
4.401%
3.788%
3.511%
4.361%
4.717%
4.851%
4.182%
3.842%
3.627%
3.571%
3.610%
3.632%
3.946%
4.226%
4.307%
3.712%
3.510%
2.994%
3.305%
3.198%
3.224%
3.486%
3.366%
3.089%
3.146%
3.423%

516
517
518
519
520
521
522
523
524
525
526
527
528
529
530
531
532
533
534
535
536
537
538
539
540
541
542
543
544
545
546
547
548
549
550
551
552
553
554
555
556
557
558
559
560
561
562

Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14

103.5510
104.2840
104.4960
104.5560
104.2280
103.8990
104.3780
104.9640
105.2790
105.7430
106.2780
107.0000
107.2460
107.6780
108.2080
109.0020
109.0740
108.7110
108.6450

3.748%
3.967%
3.796%
3.661%
3.355%
3.779%
4.244%
4.325%
4.467%
4.661%
4.494%
4.095%
3.506%
3.203%
3.491%
4.164%
4.545%
4.527%
4.007%

8.0%
7.0%
6.0%
5.0%
4.0%
3.0%
2.0%
1.0%
0.0%
1

563
564
565
566
567
568
569
570
571
572
573
574
575
576
577
578
579
580
581
582
583
584
585
586
587
588
589
590
591
592
593
594
595
596
597
598
599
600
601
602
603
604
605
606
607
608
609

Nov-14
Dec-14
Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
Aug-16
Sep-16
Oct-16
Nov-16
Dec-16
Jan-17
Feb-17
Mar-17
Apr-17
May-17
Jun-17
Jul-17
Aug-17
Sep-17
Oct-17
Nov-17
Dec-17
Jan-18
Feb-18
Mar-18
Apr-18
May-18
Jun-18
Jul-18
Aug-18
Sep-18

610
611
612
613
614
615
616
617
618
619
620
621
622
623
624
625
626
627
628
629
630
631
632
633
634
635
636
637
638
639
640
641
642
643
644
645
646
647
648
649
650
651
652
653
654

Oct-18
Nov-18
Dec-18
Jan-19
Feb-19
Mar-19
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Jan-20
Feb-20
Mar-20
Apr-20
May-20
Jun-20
Jul-20
Aug-20
Sep-20
Oct-20
Nov-20
Dec-20
Jan-21
Feb-21
Mar-21
Apr-21
May-21
Jun-21
Jul-21
Aug-21
Sep-21
Oct-21
Nov-21
Dec-21
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Jun-22

Jul-16

5
#DIV/0!

Jul-17
MEDIA
6
#DIV/0!

Jul-18

7
#DIV/0!

Jul-19

Jul-20

8
#DIV/0!

Jul-21

9
#DIV/0!

10
#DIV/0!

10

11

12

13

nombre
ALTURA RANK
RICARDO
169
11
JAVIER
170
8
RONALD
168
12
SANDY
170
8
OSWALDO
160
15
PEDRO
165
13
NESTOR
173
4
OMAR
172
6
MIGUEL
171
7
CESAR
173
4
JORGE
170
8
GIAN CARLO
281
1
SERGIO
177
3
FRANK
165
13
FERNANDO
178
2

ALTURA

300
250
200
150
100
50
0
1

10 11 12 13 14

14 15