Open Price Close Price Open y y : Ranbaxy Returns
Open Price Close Price Open y y : Ranbaxy Returns
54.68552808306 1020.323652
β=((n∑xy)-∑x*∑y)/n∑x2-(∑x)2
(n∑xy) 74656.4187
(∑x*∑y) 971.825432
(n∑xy)-(∑x*∑y) 73684.5933
n∑x2 85440.1705
2
(∑x) 315.814234
2 2
n∑x -(∑x) 85124.3563
((n∑xy)-∑x*∑y)/n∑x2-(∑x)2 0.86561117
Nifty
Close x x² xy
4571.45
4636.45 1.421868335 2.02170956 3.24568192
4711.4 1.6165385155 2.61319677 2.53982127
4680.5 -0.655856009 0.4301471 0.85310854
4694.15 0.291635509 0.08505127 -0.462254
4585.5 -2.314583045 5.35729467 2.59689013
4481.4 -2.270199542 5.15380596 10.0962388
4437.65 -0.97625742 0.95307855 -0.336576
4471.35 0.7594109495 0.57670499 4.20364908
4457.5 -0.309749852 0.09594497 -1.4565918
4605 3.3090297252 10.9496777 6.34483157 Beta β
4580.05 -0.541802389 0.29354983 -0.3673237 Correlation
4387.9 -4.195369046 17.6011214 0.77692019 alpha
4458.9 1.6180861004 2.61820263 3.84803745
4394.1 -1.453273229 2.11200308 1.58016529 y bar 0.219620594711
4453.45 1.3506747684 1.82432233 1.01233119 x bar 0.071370132434
4528.8 1.691946693 2.86268361 5.14660591
4642.8 2.5172231055 6.33641216 7.67322942
4659.35 0.3564659257 0.12706796 2.50297575 10% inc 8.813951823005
4680.85 0.4614377542 0.2129248 -1.1210373 10% dec -8.49826817699
4688.2 0.157022763 0.02465615 0.14983535
4732.35 0.9417260356 0.88684793 -1.168291
4662.1 -1.484463322 2.20363135 2.88590148
4625.35 -0.78827138 0.62137177 1.9355146
4608.35 -0.367539754 0.13508547 -0.2815736
4593.55 -0.321156162 0.10314128 0.65775971
4680.4 1.8906945609 3.57472592 3.53400852
4782.9 2.1899837621 4.79602888 3.74589043
4805.25 0.4672897196 0.21835968 -0.3714885
4814.25 0.1872951459 0.03507947 -0.256885
4819.4 0.1069740873 0.01144346 0.16380407
4829.55 0.2106071295 0.04435536 0.87509888
4808.6 -0.433787827 0.18817188 0.12818789
4892.1 1.7364721541 3.01533554 3.19090912
4958.4 1.3552462133 1.8366923 4.49645135
4965.55 0.1441997419 0.02079357 -0.1523237
4976.05 0.2114569383 0.04471404 0.54482144
5020.2 0.8872499272 0.78721243 4.6911216
4969.95 -1.000956137 1.00191319 -1.1082156
4986.55 0.3340073844 0.11156093 0.8708314
4958.95 -0.553488885 0.30634995 -2.2783687
5006.85 0.9659302877 0.93302132 -2.3809386
5083.95 1.5398903502 2.37126229 1.48344247
5083.4 -0.01081836 0.00011704 -0.0124673
5003.2 -1.577684227 2.48908752 2.62850735
5027.4 0.4836904381 0.23395644 0.90386901
4985.75 -0.828460039 0.68634604 1.93513351
5002.25 0.3309431881 0.10952339 0.592598
4945.2 -1.140486781 1.3007101 5.49970252
5054.25 2.2051686484 4.86276877 4.47475091
5118.2 1.265271801 1.60091273 1.50665758
5108.85 -0.182681411 0.0333725 0.30416409
5142.15 0.6518100942 0.4248564 -0.3319211
5141.8 -0.006806491 4.63283E-05 -0.0015677
5114.45 -0.531914894 0.28293345 0.29879044
5063.6 -0.994241805 0.98851677 0.53611703
4988.6 -1.481159649 2.19383391 6.8255324
4997.05 0.1693862005 0.02869168 0.13523391
4970.9 -0.523308752 0.27385205 -1.3558678
4846.7 -2.498541512 6.24270969 8.53335952
4826.15 -0.423999835 0.17977586 -1.4590971
4750.55 -1.566466024 2.4538158 -3.9392466
4711.7 -0.817800044 0.66879691 0.19852052
4563.9 -3.136872042 9.83996621 10.0437757
4710.8 3.2187383597 10.3602766 17.716263
4765.55 1.162222977 1.35076225 0.18947703
4796.15 0.642108466 0.41230328 2.41986538
4898.4 2.1319183095 4.54507568 0.74596562
4881.7 -0.34092765 0.11623166 0.84032906
5003.95 2.5042505684 6.27127091 6.91509033
4952.65 -1.0251901 1.05101474 1.1560445
4998.95 0.9348530585 0.87395024 0.0453702
5058.05 1.1822482721 1.39771098 0.0860234
5062.25 0.0830359526 0.00689497 0.04930637
5054.7 -0.149143168 0.02224368 -0.2623166
4989 -1.299780402 1.68942909 1.55413544
5052.45 1.2717979555 1.61747004 1.6305102
5103.55 1.0113905135 1.02291077 -0.1914379
5090.55 -0.254724652 0.06488465 0.0483062
5108.15 0.3457386726 0.11953523 0.15190988
5005.55 -2.008554956 4.03429301 -3.2533936
4941.75 -1.27458521 1.62456746 -4.330179
5032.7 1.8404411393 3.38722359 4.76315362
5122 1.7743954537 3.14847923 5.2743355
5123.25 0.0244045295 0.00059558 0.07928613
5131.7 0.1649343678 0.02720335 0.91545125
5108.9 -0.444297211 0.19740001 0.46466427
5066.7 -0.826009513 0.68229172 -0.1713374
5147.95 1.603607871 2.5715582 -0.5374339
5112 -0.698336231 0.48767349 -0.2486411
5134.65 0.4430751174 0.19631556 -0.449756
5117.3 -0.337900344 0.11417664 0.29941388
5105.7 -0.226682039 0.05138475 -0.8675626
5033.05 -1.422919482 2.02469985 0.24779945
5042.05 0.1788180129 0.03197588 0.37607588
5041.75 -0.005949961 3.5402E-05 0.00203321
4987.7 -1.072048396 1.14928776 -1.1027834
4952.6 -0.703731179 0.49523757 0.55067114
4985.85 0.6713645358 0.45073034 -0.4146588
5144.6 3.1840107504 10.1379245 3.59224848
5178.4 0.6569995724 0.43164844 -1.0994509
5187.95 0.184419898 0.0340107 -0.0088663
5169.45 -0.356595572 0.1271604 0.0583177
5201.05 0.6112835988 0.37366764 -0.1119136
5232.2 0.5989175263 0.3587022 -0.1098507
5277.9 0.8734375597 0.76289317 -0.6081964
5281.8 0.0738930256 0.00546018 0.17991095
5263.1 -0.354045969 0.12534855 1.11417775
5244.75 -0.348653835 0.1215595 -0.5715637
5249.4 0.0886600887 0.00786061 0.06850306
5210.4 -0.742942051 0.55196289 1.32439353
5233.95 0.4519806541 0.20428651 0.33960295
5259.9 0.4958014501 0.24581908 -0.0096039
5252.2 -0.146390616 0.02143021 0.02127152
5274.85 0.431247858 0.18597472 -0.3346898
5225.65 -0.932727945 0.86998142 1.24935206
5221.7 -0.075588683 0.00571365 0.15206127
5094.15 -2.442691078 5.9667397 2.4703591
5036 -1.141505452 1.3030347 5.41130496
5007.9 -0.557982526 0.3113445 0.29921843
4853.1 -3.091116037 9.55499835 15.1989316
4867.25 0.2915662154 0.08501086 0.40669817
4882.05 0.3040731419 0.09246048 0.48972746
4899.7 0.3615284563 0.13070282 0.13529959
4830.1 -1.420495132 2.01780642 5.07820389
4931.85 2.1065816443 4.43768622 -0.7666395
4845.35 -1.753905735 3.07618533 5.02488688
4718.65 -2.614878182 6.83758791 13.2433901
4757.25 0.8180305808 0.66917403 0.83028231
4760.4 0.0662147249 0.00438439 -0.1014194
4792.65 0.6774640786 0.45895758 0.64070769
4757.2 -0.739674293 0.54711806 -0.5197416
4826.85 1.4640965274 2.14357864 2.4195499
4801.95 -0.515864384 0.26611606 0.59637501
4855.75 1.1203781797 1.25524727 8.21719864
4914 1.1996087113 1.43906106 0.27232888
4887.75 -0.534188034 0.28535686 -0.0060497
4844.9 -0.8766815 0.76857045 -0.1687644
4856.4 0.2373630003 0.05634119 -0.0590188
4870.05 0.2810723993 0.07900169 0.52864285
4858.6 -0.235110522 0.05527696 -0.0732106
4859.75 0.0236693698 0.00056024 0.01469495
4922.3 1.2871032461 1.65663477 4.70822254
5017 1.9238973651 3.70138107 4.13081705
5088.1 1.4171815826 2.00840364 -1.8138745
5080.25 -0.154281559 0.0238028 0.04228229
5088.7 0.1663303971 0.0276658 -0.1353709
5124 0.6936938707 0.48121119 -1.4932455
5101.5 -0.43911007 0.19281765 0.54039902
5116.25 0.2891306478 0.08359653 0.10201986
5133.4 0.33520645 0.11236336 0.37936781
5137 0.0701289594 0.00491807 0.05181192
5128.9 -0.15767958 0.02486285 -0.0646228
5198.1 1.3492171811 1.820387 2.65205955
5231.9 0.6502375868 0.42280892 -0.178091
5245.9 0.2675892123 0.07160399 -0.2091645
5262.8 0.3221563507 0.10378471 -0.1611982
5205.2 -1.094474424 1.19787427 1.95567332
5225.3 0.3861523092 0.14911361 1.02648615
5260.4 0.6717317666 0.45122357 -0.2922742
5282 0.4106151623 0.16860481 0.55583165
5302.85 0.3947368421 0.15581717 0.48984065
5262.45 -0.761854474 0.58042224 0.7676315
5249.1 -0.253684121 0.06435563 0.05856297
5290.5 0.7887066354 0.62205816 0.13272303
5368.4 1.472450619 2.16811083 2.19537997
5366 -0.044706058 0.00199863 0.06567619
5374.65 0.1612001491 0.02598549 -0.0050777
5304.45 -1.306131562 1.70597966 2.68881195
5361.75 1.080225094 1.16688625 0.28960458
5339.7 -0.411246328 0.16912354 0.31668166
5322.95 -0.313688035 0.09840018 0.28062198
5273.6 -0.927117482 0.85954683 1.03853291
5262.6 -0.208586165 0.04350819 0.22482891
5203.65 -1.120168738 1.254778 0.92164206
5230.1 0.5082970607 0.2583659 -0.3191103
5244.9 0.2829773809 0.0800762 0.47886515
5269.35 0.4661671338 0.2173118 0.44992834
5304.1 0.6594741287 0.43490613 0
5322.45 0.3459587866 0.11968748 -0.7526628
5308.35 -0.264915593 0.07018027 -0.1130719
5215.45 -1.750072998 3.0627555 5.46102636
5254.15 0.7420260955 0.55060273 0.72814844
5278 0.4539268959 0.20604963 0.61755231
5222.75 -1.04679803 1.09578611 -2.0071697
5148.5 -1.421664832 2.02113089 3.91760229
5124.9 -0.458385938 0.21011767 -0.7146793
5090.85 -0.664403208 0.44143162 -2.2037578
5018.05 -1.430016598 2.04494747 3.5207567
5193.6 3.4983708811 12.2385988 3.69559917
5136.15 -1.106169131 1.22361015 -0.8520229
5156.65 0.3991316453 0.15930607 0.15253994
5178.9 0.431481679 0.18617644 0.16896922
5093.5 -1.648998822 2.71919712 1.42940628
5059.9 -0.659664278 0.43515696 0.46145495
5066.2 0.1245083895 0.01550234 -0.1329369
4919.65 -2.892700643 8.36771701 16.993168
4947.6 0.5681298466 0.32277152 0.28876576
4931.15 -0.332484437 0.1105459 0.66864446
4943.95 0.2595743386 0.06737884 -0.2336543
4806.75 -2.775108972 7.7012298 4.6716743
4917.4 2.3019711864 5.29907134 5.07579259
5003.1 1.7427909058 3.03732014 -0.3360812
5066.55 1.2682137075 1.60836601 3.99714742
5086.3 0.3898116075 0.15195309 0.24642738
4970.2 -2.282602285 5.21027319 0.45142204
5019.85 0.9989537644 0.99790862 0.2328835
5110.5 1.8058308515 3.26102506 0.6720152
5135.5 0.4891889248 0.2393058 -0.1190241
5034 -1.976438516 3.90630921 3.58100358
4987.1 -0.93166468 0.86799908 1.76326412
5000.3 0.2646828818 0.07005703 0.20743173
5078.6 1.5659060456 2.45206174 2.49151219
5119.35 0.8023864845 0.64382407 1.33227148
5197.7 1.5304677352 2.34233149 2.44647918
5222.35 0.4742482252 0.22491138 -0.2757571
5233.35 0.2106331441 0.04436632 -0.1763328
5274.85 0.7929911051 0.62883489 1.89833652
5262.6 -0.232234092 0.05393267 0.11803178
5353.3 1.7234826892 2.97039258 2.54345271
5316.55 -0.686492444 0.47127188 -1.7586617
5323.15 0.1241406551 0.0154109 -0.0148947
5320.6 -0.047903967 0.00229479 0.03400413
5269.05 -0.968875691 0.9387201 0.70331935
5333.5 1.2231806493 1.4961709 1.23320894
5256.15 -1.450267179 2.10327489 2.16339077
5312.5 1.0720774712 1.1493501 2.70973818
5251.4 -1.150117647 1.3227706 -0.0499617
5237.1 -0.272308337 0.07415183 0.2689976
5235.9 -0.022913444 0.00052503 -0.0205997
5289.05 1.0151072404 1.03044271 0.01103018
5241.1 -0.90659003 0.82190548 1.15244495
5296.85 1.0637080002 1.13147471 1.69734412
5352.45 1.0496804705 1.10182909 0.40932081
5383 0.5707666583 0.32577458 -0.2956064
5400.65 0.3278840795 0.10750797 -0.0533434
5386.15 -0.268486201 0.07208484 0.65043371
5378.75 -0.137389415 0.01887585 -0.0198849
5393.9 0.2816639554 0.07933458 -0.0438387
5386.45 -0.138118986 0.01907685 -0.0092274
5368 -0.342526154 0.11732417 0.25154919
5399.35 0.5840163934 0.34107515 0.60882776
5441.95 0.7889838592 0.62249553 1.05909748
5449.1 0.1313867272 0.01726247 -0.2603284
5418.6 -0.559725459 0.31329259 0.28130049
5430.6 0.2214594176 0.04904427 0.01491477
5397.55 -0.60858837 0.3703798 -0.0273063
5408.9 0.2102805903 0.04421793 -0.1886136
5367.6 -0.763556361 0.58301832 -1.3389664
18.832124164 710.01562
correlation =
Nifty
Close x x² xy
4571.45 β=((n∑xy)-∑x*∑y)/n∑x2-(∑x)2
4636.45 1.421868335 2.02170956 -2.538597277 (n∑xy)
4711.4 1.6165385155 2.61319677 4.5842575607 (∑x*∑y)
4680.5 -0.655856009 0.4301471 2.4230847772 (n∑xy)-(∑x*∑y)
4694.15 0.291635509 0.08505127 0.3051252572 n∑x2
4585.5 -2.314583045 5.35729467 -0.420451053 (∑x)2
4481.4 -2.270199542 5.15380596 1.7700558533 n∑x2-(∑x)2
4437.65 -0.97625742 0.95307855 -2.908076743 ((n∑xy)-∑x*∑y)/n∑x2-(∑x)2
4471.35 0.7594109495 0.57670499 -0.323440333
4457.5 -0.309749852 0.09594497 -0.480275122
4605 3.3090297252 10.9496777 0.8711029463
4580.05 -0.541802389 0.29354983 0.6543736184
4387.9 -4.195369046 17.6011214 23.935308874 Beta β 0.391242
4458.9 1.6180861004 2.61820263 -1.246552614 correlation 0.2717456
4394.1 -1.453273229 2.11200308 3.2472304677
4453.45 1.3506747684 1.82432233 -0.209285263
4528.8 1.691946693 2.86268361 0.9190011136
4642.8 2.5172231055 6.33641216 -0.097133826
4659.35 0.3564659257 0.12706796 0.2132878537
4680.85 0.4614377542 0.2129248 0.1593606979
4688.2 0.157022763 0.02465615 0.4593591345
4732.35 0.9417260356 0.88684793 1.0496667682
4662.1 -1.484463322 2.20363135 0.7090951013
4625.35 -0.78827138 0.62137177 0.6402795037
4608.35 -0.367539754 0.13508547 -0.239417297
4593.55 -0.321156162 0.10314128 0.5225913882
4680.4 1.8906945609 3.57472592 1.279417372
4782.9 2.1899837621 4.79602888 0.6951031358
4805.25 0.4672897196 0.21835968 -0.373970928
4814.25 0.1872951459 0.03507947 0.063251644
4819.4 0.1069740873 0.01144346 -0.09401238
4829.55 0.2106071295 0.04435536 0.0039729698
4808.6 -0.433787827 0.18817188 0.2618108349
4892.1 1.7364721541 3.01533554 1.0214542083
4958.4 1.3552462133 1.8366923 -1.533951571
4965.55 0.1441997419 0.02079357 -0.159579947
4976.05 0.2114569383 0.04471404 -0.008159635
5020.2 0.8872499272 0.78721243 1.7981324522
4969.95 -1.000956137 1.00191319 1.6853026147
4986.55 0.3340073844 0.11156093 -0.147819316
4958.95 -0.553488885 0.30634995 -1.818575772
5006.85 0.9659302877 0.93302132 4.4826106164
5083.95 1.5398903502 2.37126229 0.1652242865
5083.4 -0.01081836 0.00011704 0.0286015942
5003.2 -1.577684227 2.48908752 -1.244778381
5027.4 0.4836904381 0.23395644 0.3522231481
4985.75 -0.828460039 0.68634604 -1.52725328
5002.25 0.3309431881 0.10952339 1.3977724714
4945.2 -1.140486781 1.3007101 0.1747723655
5054.25 2.2051686484 4.86276877 3.7981247184
5118.2 1.265271801 1.60091273 1.9726785832
5108.85 -0.182681411 0.0333725 0.5277194949
5142.15 0.6518100942 0.4248564 -0.321307033
5141.8 -0.006806491 4.63283E-05 0.0074413299
5114.45 -0.531914894 0.28293345 0.4593392864
5063.6 -0.994241805 0.98851677 0.7794578611
4988.6 -1.481159649 2.19383391 0.260080711
4997.05 0.1693862005 0.02869168 0.0506519861
4970.9 -0.523308752 0.27385205 -2.019079717
4846.7 -2.498541512 6.24270969 0.1265725183
4826.15 -0.423999835 0.17977586 -0.687683463
4750.55 -1.566466024 2.4538158 5.6512573089
4711.7 -0.817800044 0.66879691 0.7898724125
4563.9 -3.136872042 9.83996621 -1.147236379
4710.8 3.2187383597 10.3602766 4.6356981409
4765.55 1.162222977 1.35076225 0.45725502
4796.15 0.642108466 0.41230328 -0.393864453
4898.4 2.1319183095 4.54507568 2.0102092752
4881.7 -0.34092765 0.11623166 -0.712196008
5003.95 2.5042505684 6.27127091 3.4995349817
4952.65 -1.0251901 1.05101474 0.0504605463
4998.95 0.9348530585 0.87395024 -0.168801439
5058.05 1.1822482721 1.39771098 0
5062.25 0.0830359526 0.00689497 0.0081929899
5054.7 -0.149143168 0.02224368 -0.23276821
4989 -1.299780402 1.68942909 2.1025241061
5052.45 1.2717979555 1.61747004 1.9447091395
5103.55 1.0113905135 1.02291077 4.5041682788
5090.55 -0.254724652 0.06488465 -0.422566478
5108.15 0.3457386726 0.11953523 -0.184548628
5005.55 -2.008554956 4.03429301 5.1122373926
4941.75 -1.27458521 1.62456746 -1.042769524
5032.7 1.8404411393 3.38722359 -0.229767932
5122 1.7743954537 3.14847923 4.8795874978
5123.25 0.0244045295 0.00059558 0.0148446043
5131.7 0.1649343678 0.02720335 0.7603534188
5108.9 -0.444297211 0.19740001 -1.656244481
5066.7 -0.826009513 0.68229172 1.6453455959
5147.95 1.603607871 2.5715582 -1.686568824
5112 -0.698336231 0.48767349 -0.391196682
5134.65 0.4430751174 0.19631556 -0.898681141
5117.3 -0.337900344 0.11417664 0.251245335
5105.7 -0.226682039 0.05138475 -0.119867118
5033.05 -1.422919482 2.02469985 -1.891958984
5042.05 0.1788180129 0.03197588 -0.232063751
5041.75 -0.005949961 3.5402E-05 -0.021470275
4987.7 -1.072048396 1.14928776 -0.58953592
4952.6 -0.703731179 0.49523757 2.4868918389
4985.85 0.6713645358 0.45073034 0.4587023286
5144.6 3.1840107504 10.1379245 2.1606772346
5178.4 0.6569995724 0.43164844 -0.555900972
5187.95 0.184419898 0.0340107 -0.53346803
5169.45 -0.356595572 0.1271604 -0.387719344
5201.05 0.6112835988 0.37366764 -0.774574768
5232.2 0.5989175263 0.3587022 0.4468866783
5277.9 0.8734375597 0.76289317 -1.565485776
5281.8 0.0738930256 0.00546018 0.2986927733
5263.1 -0.354045969 0.12534855 0.2925575564
5244.75 -0.348653835 0.1215595 0.0968341305
5249.4 0.0886600887 0.00786061 0.0311908843
5210.4 -0.742942051 0.55196289 0.5751669395
5233.95 0.4519806541 0.20428651 0.2927594403
5259.9 0.4958014501 0.24581908 -0.152286536
5252.2 -0.146390616 0.02143021 -0.403776933
5274.85 0.431247858 0.18597472 -0.264758108
5225.65 -0.932727945 0.86998142 1.5007258989
5221.7 -0.075588683 0.00571365 -0.002207291
5094.15 -2.442691078 5.9667397 3.6011063909
5036 -1.141505452 1.3030347 2.4352116316
5007.9 -0.557982526 0.3113445 0.5659223317
4853.1 -3.091116037 9.55499835 12.716167822
4867.25 0.2915662154 0.08501086 0.4045655621
4882.05 0.3040731419 0.09246048 -0.062182647
4899.7 0.3615284563 0.13070282 1.00867807
4830.1 -1.420495132 2.01780642 5.3587149603
4931.85 2.1065816443 4.43768622 4.6663720885
4845.35 -1.753905735 3.07618533 4.1290889618
4718.65 -2.614878182 6.83758791 3.0478382133
4757.25 0.8180305808 0.66917403 0.3303839179
4760.4 0.0662147249 0.00438439 0.1278482218
4792.65 0.6774640786 0.45895758 0.9945407942
4757.2 -0.739674293 0.54711806 2.1057933355
4826.85 1.4640965274 2.14357864 -0.0703329
4801.95 -0.515864384 0.26611606 -0.760325589
4855.75 1.1203781797 1.25524727 2.0518451033
4914 1.1996087113 1.43906106 -1.376295266
4887.75 -0.534188034 0.28535686 0.1340496949
4844.9 -0.8766815 0.76857045 0.5100191114
4856.4 0.2373630003 0.05634119 -0.251515436
4870.05 0.2810723993 0.07900169 -0.260585025
4858.6 -0.235110522 0.05527696 0.5120993955
4859.75 0.0236693698 0.00056024 0.0031231232
4922.3 1.2871032461 1.65663477 5.3426127163
5017 1.9238973651 3.70138107 -0.517258504
5088.1 1.4171815826 2.00840364 2.3597219501
5080.25 -0.154281559 0.0238028 0.1106996055
5088.7 0.1663303971 0.0276658 0.1594054081
5124 0.6936938707 0.48121119 0.0647706695
5101.5 -0.43911007 0.19281765 0.9762552868
5116.25 0.2891306478 0.08359653 0.1609090901
5133.4 0.33520645 0.11236336 0.2226228795
5137 0.0701289594 0.00491807 -0.050674397
5128.9 -0.15767958 0.02486285 0.0798377618
5198.1 1.3492171811 1.820387 1.4590771042
5231.9 0.6502375868 0.42280892 2.9463251259
5245.9 0.2675892123 0.07160399 -0.237624376
5262.8 0.3221563507 0.10378471 0.4158434291
5205.2 -1.094474424 1.19787427 0.0492267357
5225.3 0.3861523092 0.14911361 1.0020151417
5260.4 0.6717317666 0.45122357 1.3356070213
5282 0.4106151623 0.16860481 -0.470888948
5302.85 0.3947368421 0.15581717 -0.257586396
5262.45 -0.761854474 0.58042224 0.9785898957
5249.1 -0.253684121 0.06435563 -0.015004236
5290.5 0.7887066354 0.62205816 0.1515174562
5368.4 1.472450619 2.16811083 4.7561458048
5366 -0.044706058 0.00199863 0.147551069
5374.65 0.1612001491 0.02598549 -0.100035554
5304.45 -1.306131562 1.70597966 0.4272211473
5361.75 1.080225094 1.16688625 0.0644525712
5339.7 -0.411246328 0.16912354 0.171659171
5322.95 -0.313688035 0.09840018 -0.075134859
5273.6 -0.927117482 0.85954683 1.2738173287
5262.6 -0.208586165 0.04350819 -0.012633929
5203.65 -1.120168738 1.254778 -0.915392128
5230.1 0.5082970607 0.2583659 -0.618013538
5244.9 0.2829773809 0.0800762 0.4471911201
5269.35 0.4661671338 0.2173118 -0.320773196
5304.1 0.6594741287 0.43490613 -0.069533347
5322.45 0.3459587866 0.11968748 -0.193010783
5308.35 -0.264915593 0.07018027 -0.425793069
5215.45 -1.750072998 3.0627555 -0.887964213
5254.15 0.7420260955 0.55060273 -0.892414458
5278 0.4539268959 0.20604963 1.4257697812
5222.75 -1.04679803 1.09578611 1.6778053803
5148.5 -1.421664832 2.02113089 1.199983643
5124.9 -0.458385938 0.21011767 -0.054765345
5090.85 -0.664403208 0.44143162 -2.061394201
5018.05 -1.430016598 2.04494747 1.4689117258
5193.6 3.4983708811 12.2385988 -23.5747548
5136.15 -1.106169131 1.22361015 1.768483564
5156.65 0.3991316453 0.15930607 0.2034439734
5178.9 0.431481679 0.18617644 -0.116247045
5093.5 -1.648998822 2.71919712 0.786110991
5059.9 -0.659664278 0.43515696 -0.379177934
5066.2 0.1245083895 0.01550234 -0.148247805
4919.65 -2.892700643 8.36771701 -1.068960713
4947.6 0.5681298466 0.32277152 0.9640109451
4931.15 -0.332484437 0.1105459 0.1099035601
4943.95 0.2595743386 0.06737884 -0.266461339
4806.75 -2.775108972 7.7012298 0.3985316857
4917.4 2.3019711864 5.29907134 4.7819791343
5003.1 1.7427909058 3.03732014 -1.309548583
5066.55 1.2682137075 1.60836601 1.3402258423
5086.3 0.3898116075 0.15195309 -0.164272099
4970.2 -2.282602285 5.21027319 -3.577746528
5019.85 0.9989537644 0.99790862 0.2312392973
5110.5 1.8058308515 3.26102506 -0.472657806
5135.5 0.4891889248 0.2393058 0.1812370206
5034 -1.976438516 3.90630921 1.8542409949
4987.1 -0.93166468 0.86799908 -0.578583872
5000.3 0.2646828818 0.07005703 0.0285878749
5078.6 1.5659060456 2.45206174 5.3339278065
5119.35 0.8023864845 0.64382407 0.5142736448
5197.7 1.5304677352 2.34233149 1.224011518
5222.35 0.4742482252 0.22491138 -0.320532153
5233.35 0.2106331441 0.04436632 -0.286660492
5274.85 0.7929911051 0.62883489 0.297312202
5262.6 -0.232234092 0.05393267 -0.23941659
5353.3 1.7234826892 2.97039258 0.9685350812
5316.55 -0.686492444 0.47127188 0.7369698295
5323.15 0.1241406551 0.0154109 0.1014974882
5320.6 -0.047903967 0.00229479 -0.031078952
5269.05 -0.968875691 0.9387201 -1.64649253
5333.5 1.2231806493 1.4961709 0.4581200934
5256.15 -1.450267179 2.10327489 3.246866819
5312.5 1.0720774712 1.1493501 -0.660999028
5251.4 -1.150117647 1.3227706 1.1042488487
5237.1 -0.272308337 0.07415183 -0.125899455
5235.9 -0.022913444 0.00052503 -0.00340164
5289.05 1.0151072404 1.03044271 0.4815213711
5241.1 -0.90659003 0.82190548 1.1369157949
5296.85 1.0637080002 1.13147471 1.5257129542
5352.45 1.0496804705 1.10182909 -0.340152752
5383 0.5707666583 0.32577458 -0.413293428
5400.65 0.3278840795 0.10750797 -0.02928408
5386.15 -0.268486201 0.07208484 0.4680108088
5378.75 -0.137389415 0.01887585 0.0895791488
5393.9 0.2816639554 0.07933458 0.2579340251
5386.45 -0.138118986 0.01907685 0.0229780528
5368 -0.342526154 0.11732417 0.3580412755
5399.35 0.5840163934 0.34107515 -0.232462128
5441.95 0.7889838592 0.62249553 0.6669860476
5449.1 0.1313867272 0.01726247 -0.100127059
5418.6 -0.559725459 0.31329259 0.0085966128
5430.6 0.2214594176 0.04904427 0.0136073375
5397.55 -0.60858837 0.3703798 -0.887563634
5408.9 0.2102805903 0.04421793 -0.200449042
5367.6 -0.763556361 0.58301832 0.2332894472
18.8321241639 710.01561986
correlation =
Ranbaxy returns
Close Price x x²
273.8
280.05 2.282688093499 5.210664932
284.45 1.571148009284 2.468506067
280.75 -1.30075584461 1.691965767
276.3 -1.58504007124 2.512352027
273.2 -1.12196887441 1.258814155
261.05 -4.44729136164 19.77840046 correlation 0.298203
261.95 0.344761539935 0.118860519
276.45 5.535407520519 30.64073642
289.45 4.702477844095 22.11329787
295 1.917429607877 3.676536301
297 0.677966101695 0.459638035
296.45 -0.18518518519 0.034293553
303.5 2.37814133918 5.655556229
300.2 -1.08731466227 1.182253175
302.45 0.749500333111 0.561750749
311.65 3.041825095057 9.252699909
321.15 3.048291352479 9.29208017
343.7 7.021640977736 49.30344202
335.35 -2.4294442828 5.902199523
338.55 0.954226927091 0.910549028
334.35 -1.24058484714 1.539050763
327.85 -1.94407058472 3.779410438
319.8 -2.45539118499 6.028945871
322.25 0.766103814884 0.586915055
315.65 -2.04809930178 4.19471075
321.55 1.869158878505 3.493754913
327.05 1.710464935469 2.925690295
324.45 -0.79498547623 0.632001907
320 -1.37155185699 1.881154496
324.9 1.53125 2.344726562
338.4 4.15512465374 17.26506089
337.4 -0.29550827423 0.08732514
343.6 1.837581505631 3.37670579
355 3.317811408615 11.00787254
351.25 -1.05633802817 1.11585003
360.3 2.576512455516 6.638416433
379.35 5.287260616153 27.95512482
383.55 1.107156979043 1.225796576
393.55 2.607222004954 6.797606583
409.75 4.116376572227 16.94455608
399.65 -2.4649176327 6.075818936
403.5 0.963342925059 0.928029591
408.15 1.152416356877 1.32806346
401.35 -1.66605414676 2.77573642
408.85 1.868693160583 3.492014128
399.3 -2.33581998288 5.456054992
406.45 1.790633608815 3.206368721
386.85 -4.8222413581 23.25401172
394.7 2.029210288225 4.117694394
399.4 1.190777805929 1.417951783
392.75 -1.66499749624 2.772216662
390.75 -0.50922978994 0.259314979
391.65 0.230326295585 0.053050202
389.45 -0.56172603089 0.315536134
387.35 -0.53922197971 0.290760343
369.5 -4.60823544598 21.23583393
372.45 0.798376184032 0.637404531
382.1 2.590951805612 6.713031259
369.05 -3.4153362994 11.66452204
381.75 3.441268120851 11.84232628
391.35 2.514734774067 6.323890984
390.4 -0.24274945701 0.058927299
377.9 -3.2018442623 10.25180668
398.7 5.504101614184 30.29513458
399.35 0.163029847003 0.026578731
414.4 3.768624014023 14.20252696
415.85 0.349903474903 0.122432442
405.6 -2.4648310689 6.075392198
416.8 2.76134122288 7.625005349
412.1 -1.12763915547 1.271570065
412.3 0.048531909731 0.002355346
412.6 0.07276255154 0.005294389
415.05 0.593795443529 0.352593029
422.35 1.758824238044 3.0934627
417.3 -1.19569077779 1.429676436
422.65 1.282051282051 1.64365549
421.85 -0.18928191175 0.035827642
421.05 -0.18964086761 0.035963659
422.9 0.439377746111 0.193052804
429.75 1.61976826673 2.623649238
444.35 3.397324025596 11.54181053
455.85 2.588049960617 6.698002599
469.4 2.97246901393 8.835572039
484.65 3.248828291436 10.55488527
511.55 5.550397193851 30.80690901
506.2 -1.04584107125 1.093783546
507.25 0.207427894113 0.043026331
505.55 -0.33514046328 0.11231913
507.35 0.356047868658 0.126770085
502.2 -1.01507834828 1.030384053
497.75 -0.88610115492 0.785175257
516.8 3.827222501256 14.64763207
515.9 -0.17414860681 0.030327737
526.75 2.103120759837 4.42311693
524.95 -0.34171808258 0.116771248
530.35 1.028669397085 1.058160729
526.2 -0.78250212124 0.61230957
522.95 -0.61763587989 0.38147408
528.85 1.128214934506 1.272868938
520 -1.67344237496 2.800409382
519.75 -0.04807692308 0.002311391
518.9 -0.16354016354 0.026745385
517.95 -0.18307959144 0.033518137
517 -0.18341538759 0.033641204
513.4 -0.69632495164 0.484868438
525.9 2.434748733931 5.928001397
509.35 -3.14698611903 9.903521633
517.7 1.639344262295 2.68744961
521.7 0.772648251883 0.596985321
512.4 -1.78263369753 3.1777829
516.25 0.751366120219 0.564551047
516.15 -0.01937046005 0.000375215
515.4 -0.14530659692 0.021114007
511.4 -0.77609623593 0.602325367
504.55 -1.33946030504 1.794153909
494.4 -2.01169358835 4.046911093
489.4 -1.01132686084 1.022782019
466.2 -4.74049856968 22.47232669
463.7 -0.53625053625 0.287564638
440.9 -4.91697218029 24.17661542
447.05 1.394874121116 1.945673814
454.25 1.61055810312 2.593897404
455.95 0.374243258118 0.140058016
439.65 -3.57495339401 12.78029177
438.05 -0.36392585011 0.132442024
425.5 -2.86496975231 8.208051682
403.95 -5.06462984724 25.65047549
408.05 1.014977101126 1.030178516
401.8 -1.53167503982 2.346028428
405.6 0.945744151319 0.894432
408.45 0.702662721893 0.493734901
415.2 1.652589056188 2.731050589
410.4 -1.15606936416 1.336496375
440.5 7.334307992203 53.79207372
441.5 0.227014755959 0.051535699
441.55 0.011325028313 0.000128256
442.4 0.192503680217 0.037057667
441.3 -0.2486437613 0.06182372
449.6 1.880806707455 3.537433871
451 0.311387900356 0.096962424
453.8 0.620842572062 0.385445499
470.4 3.657999118554 13.38095755
480.5 2.147108843537 4.610076386
474.35 -1.27991675338 1.638186896
473.05 -0.27405923896 0.075108466
469.2 -0.81386745587 0.662380236
459.1 -2.1526001705 4.633687494
453.45 -1.23066869963 1.514545448
455.05 0.35285036939 0.124503383
460.2 1.131743764421 1.280843948
463.6 0.738809213385 0.545839054
465.5 0.409836065574 0.167965601
474.65 1.965628356606 3.863694836
473.35 -0.27388602128 0.075013553
469.65 -0.78166261751 0.610996448
467.3 -0.50037261791 0.250372757
458.95 -1.78686068906 3.192871122
471.15 2.658241638523 7.066248609
469.1 -0.4351055927 0.189316877
475.45 1.3536559369 1.832384396
481.35 1.240929645599 1.539906385
476.5 -1.00758283993 1.015223179
475.4 -0.23084994753 0.053291698
476.2 0.168279343711 0.028317938
483.3 1.490970180596 2.222992079
476.2 -1.4690668322 2.158157357
476.05 -0.03149937001 0.00099221
466.25 -2.05860728915 4.237863971
467.5 0.268096514745 0.071875741
463.9 -0.77005347594 0.592982356
459.75 -0.89458935115 0.800290107
454.6 -1.12017400761 1.254789807
449.7 -1.07787065552 1.16180515
446 -0.82277073605 0.676951684
443.2 -0.62780269058 0.394136218
450.7 1.692238267148 2.863670353
455.05 0.965165298425 0.931544053
455.05 0 0
445.15 -2.17558510054 4.73317053
447.05 0.426822419409 0.182177378
433.1 -3.1204563248 9.737247675
437.35 0.981297621796 0.962945023
443.3 1.360466445639 1.85086895
451.8 1.917437401308 3.676566188
439.35 -2.75564409031 7.593574352
446.2 1.559121429384 2.430859632
461 3.316898251905 11.00181401
449.65 -2.46203904555 6.061636262
454.4 1.056377182253 1.115932751
457.9 0.770246478873 0.593279638
459.65 0.382179515178 0.146061182
461.45 0.391602306102 0.153352366
457.45 -0.86683280962 0.75139912
454.25 -0.69953000328 0.489342225
449.4 -1.0676940011 1.13997048
423 -5.87449933244 34.50974241
425.15 0.508274231678 0.258342695
416.6 -2.01105492179 4.044341898
412.85 -0.90014402304 0.810259262
405.9 -1.68342012838 2.833903329
414.85 2.204976595221 4.861921785
414.05 -0.19284078583 0.037187569
427.1 3.151793261683 9.933800764
429.8 0.632170451885 0.39963948
428.95 -0.19776640298 0.03911155
429.95 0.233127404126 0.054348387
431.55 0.372136294918 0.138485422
430.5 -0.24330900243 0.059199271
422.7 -1.8118466899 3.282788428
414.7 -1.8925952212 3.581916671
417.95 0.783699059561 0.614184216
424.6 1.591099413805 2.531597345
431.65 1.660386245878 2.756882486
438.55 1.598517317271 2.555257614
436 -0.58146163493 0.338097633
432.35 -0.8371559633 0.700830107
442.7 2.393893836012 5.730727698
440.45 -0.50824486108 0.258312839
446.95 1.475763423771 2.177877683
458.4 2.56180780848 6.562859248
457.85 -0.11998254799 0.014395812
454.6 -0.70983946707 0.503872069
451.3 -0.72591289045 0.526949525
455.85 1.008198537558 1.016464291
449.05 -1.49171876714 2.22522488
460.4 2.527558178377 6.388550345
460.6 0.043440486533 0.001887076
456.05 -0.98784194529 0.975831709
460.15 0.899024229799 0.808244566
460.2 0.010866021949 0.00011807
454.35 -1.27118644068 1.615914967
461.6 1.595686145042 2.546214273
463.4 0.389948006932 0.152059448
461 -0.51791109193 0.268231899
460.25 -0.16268980477 0.026467973
449.1 -2.42259641499 5.86897339
449.75 0.144733912269 0.020947905
449.05 -0.15564202335 0.024224439
449.35 0.066807705155 0.004463269
446.05 -0.73439412485 0.539334731
450.7 1.042484026454 1.086772945
456.75 1.342356334591 1.801920529
447.7 -1.98139025725 3.925907352
445.45 -0.50256868439 0.252575283
445.75 0.067347625996 0.004535703
445.95 0.044868199663 0.002013155
441.95 -0.89696154277 0.804540009
449.7 1.753592035298 3.075085026
54.68552808306 1020.323652
correlation between ranbaxy and nifty:
there is a positive relation between the two. for every one percent change in nifty there is a corresponding positive
computation of beta:
since the value of beta is less than 1, the stocks of ranbaxy are less volatile when compared to the market the value of beta be
when there is a 10% increase in the market value, the value of ranbaxy shares will increase by 0.23
when there is a 10% decrease in the market value, the value of ranbaxy shares will go up by 0.08
source:
www.nseindia.com
is a corresponding positive change of 0.50 in the returns of ranbaxy.
he market the value of beta being around 0.86 and hence has low risk
se by 0.23