Versión de HTML Básico
Luis Chavez-Bedoya
Analítika, Revista de análisis estadístico, (2016), Vol. 11
98
Tabla 18
:
Ratios
θ
AP
,
θ
LR
,
θ
CS
,
θ
CF
,
θ
ν
y
θ
NI
(definidos en la Secci´on 3.2.1) en porcentaje ( %) para diferentes horizontes de
aportaci´on en a˜nos (
T
) y escenarios de rentabilidad de la Secci´on 3.1.1. Se han considerado el perfil de aportes
M/SU
de la
Tabla 15, la densidad de cotizaci´on de la Tabla 16,
δ
= 0
,
50 % anual y
α
= 0
,
172 (corresponde a un cargo por flujo igual a
1.58 % del salario bajo una tasa de contribuci´on constante de 10% de este ´ultimo).
Moderado
(
r
M
= 5
,
00
% real anual)
Agresivo
(
r
A
= 7
,
30
% real anual)
Conservador
(
r
C
= 2
,
20
% real anual)
T
(a˜nos)
θ
AP
θ
LR
θ
CS
θ
CF
θ
ν
θ
NI
θ
AP
θ
LR
θ
CS
θ
CF
θ
ν
θ
NI
θ
AP
θ
LR
θ
CS
θ
CF
θ
ν
θ
NI
5
94.7 95.7 98.7 84.2 114.3 40.1
94.7 95.7 98.7 84.2 114.3 40.1
94.7 95.7 98.7 84.2 114.3 40.1
7
91.4 92.9 98.2 84.2 113.7 42.3
90.3 91.8 98.2 84.2 113.7 42.3
92.5 93.9 98.2 84.2 113.7 42.2
9
87.5 89.3 97.6 84.2 113.1 43.5
84.5 86.2 97.6 84.2 113.0 43.6
90.4 92.3 97.7 84.2 113.1 43.4
11
83.5 85.5 97.1 84.2 112.4 44.3
78.3 80.2 97.0 84.2 112.3 44.5
88.5 90.7 97.2 84.2 112.6 44.2
13
79.4 81.7 96.6 84.2 111.8 45.0
72.1 74.2 96.4 84.2 111.6 45.3
86.6 89.1 96.7 84.2 112.0 44.8
15
75.5 78.0 96.0 84.2 111.2 45.5
66.2 68.4 95.8 84.2 110.9 45.8
84.8 87.6 96.2 84.2 111.4 45.2
17
71.6 74.3 95.5 84.2 110.5 45.9
60.6 62.9 95.2 84.2 110.2 46.2
83.1 86.2 95.7 84.2 110.9 45.6
19
68.0 70.8 94.9 84.2 109.9 46.2
55.3 57.6 94.5 84.2 109.5 46.5
81.4 84.7 95.3 84.2 110.3 45.8
21
64.5 67.4 94.4 84.2 109.3 46.3
50.5 52.8 93.9 84.2 108.7 46.6
79.8 83.4 94.8 84.2 109.8 46.0
23
61.2 64.2 93.8 84.2 108.6 46.3
46.1 48.4 93.3 84.2 108.0 46.5
78.2 82.0 94.3 84.2 109.3 46.0
25
58.0 61.1 93.2 84.2 108.0 46.3
41.9 44.2 92.6 84.2 107.2 46.5
76.6 80.7 93.9 84.2 108.7 46.0
27
55.0 58.2 92.7 84.2 107.3 46.2
38.1 40.3 91.9 84.2 106.4 46.3
75.1 79.4 93.4 84.2 108.2 46.0
29
52.1 55.3 92.1 84.2 106.6 46.1
34.6 36.7 91.2 84.2 105.7 46.1
73.7 78.2 93.0 84.2 107.7 45.9
31
49.3 52.5 91.5 84.2 106.0 46.0
31.2 33.3 90.5 84.2 104.8 46.1
72.2 76.9 92.5 84.2 107.1 45.9
33
46.5 49.7 90.9 84.2 105.3 46.0
28.2 30.1 89.8 84.2 104.0 46.1
70.7 75.6 92.0 84.2 106.6 45.9
35
43.9 47.1 90.3 84.2 104.6 46.0
25.4 27.2 89.1 84.2 103.2 46.0
69.3 74.4 91.6 84.2 106.0 45.9
37
41.5 44.7 89.7 84.2 103.9 46.0
22.8 24.6 88.4 84.2 102.3 46.0
67.9 73.2 91.1 84.2 105.5 45.9
39
39.1 42.3 89.1 84.2 103.1 46.0
20.5 22.2 87.6 84.2 101.5 46.0
66.6 72.0 90.6 84.2 105.0 45.9
41
36.9 40.1 88.5 84.2 102.4 46.0
18.4 20.0 86.9 84.2 100.6 46.1
65.3 70.8 90.2 84.2 104.4 46.0
43
34.9 37.9 87.8 84.2 101.7 46.1
16.5 18.0 86.2 84.2 99.8 46.2
64.0 69.7 89.7 84.2 103.9 46.0
45
33.0 36.0 87.3 84.2 101.0 46.1
14.9 16.3 85.5 84.2 99.0 46.1
62.8 68.6 89.3 84.2 103.4 46.0
Fuente:
Elaboraci´on propia
55