Complete the following reaction sequence,giving details of all significant intermediates. 
Definitions:
Beta
An indicator of the degree of variability or systematic risk associated with a security or portfolio relative to the broader market.
Treynor Measure
A performance metric that measures the returns earned in excess of that which could have been earned on a riskless investment per each unit of market risk.
Standard Deviation
A measure of the dispersion or variability in a set of values, used to assess the risk associated with a particular security or investment portfolio.
Beta
A measure of a stock's volatility in relation to the overall market; a beta above 1 indicates the stock is more volatile than the market, while a beta below 1 indicates the stock is less volatile.
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