Nikhil Verma
\n80012100909<\/p>\n
TITLE: Relationship of Nifty and Network 18
\nAUTHOR: Nikhil Verma
\nIntroduction
\nNetwork18 Media and Investments Ltd, a market leader in its field, is one of the largest media conglomerates with diversified but complementary interests in television, including fifty Indian channels and thirteen international channels, as well as filmed entertainment, digital content, magazines, digital commerce, and allied businesses. Reliance Industries is the sole beneficiary of the Independent Media Trust, which promotes Network18. Network18’s principal business is broadcasting, which is managed by TV18 Broadcast ltd, a subsidiary of Network18. TV18 is India’s largest news network, with stations covering business news, general news, and regional news..
\nThe goal of Network18 is to achieve the greatest levels of creative quality by cultivating a culture of innovation in order to create new content formats and strong brands across a variety of media.
\nNetwork18 claims to have unrivalled reach because to its continuing investments in regional and digital platforms.<\/p>\n
OBJECTIVE: To calculate Beta Value of Network 18 and find its significance.
\nVIEWS AND REVIEWS:
\nDATA COLLECTION: The data of NIFTY and Network 18 was collected through NSE Website and was downloaded from 1-March-2021 to 28-February-2022 in an excel sheet. The closing prices were found out. The data was filtered on weekly basis and then weekly returns of both NIFTY and SAIL was calculated. The company returns have been regressed on nifty\u2019s returns.
\nDATA ANALYSIS:
\nPredicted Y = 0.010382869+ 2.366106562X
\nN=47, R Square= 0.174816096, F= 9.321447268
\nTstat(beta)=\t3.05310453
\n Tstat (0.05,45)= 2.0141<\/p>\n
The above regression equation tells us the relationship between X and Y. Where X is NIFTY\u2019s weekly returns and Y is Network 18\u2019s weekly returns.
\nThe positive sign of Beta tells us the that there is a positive relationship between NIFTY and network 18\u2019s weekly returns.
\nFrom the equation, it can be seen that if X rises by 1 unit, Y will rise by 2.366106562 units.
\nT calculated is more that T tabulated which means, \u03b2 is statistically significant at 5% confidence level.
\nR^2 is 0.174816096 which means 17% of Y (SAIL) is explained by X. And the balance is explained by error.
\nF is 9.321 which is more than table value which means model is statistically significant at 5% level.<\/p>\n
CONCLUSION:
\n\u03b2 is statistically significant in case of NIFTY and NETWORK 18. Also, it can be concluded that Network 18 is a low beta share. Since it is less than 1.<\/p>\n","protected":false},"excerpt":{"rendered":"
Nikhil Verma 80012100909 TITLE: Relationship of Nifty and Network 18 AUTHOR: Nikhil Verma Introduction Network18 Media and Investments Ltd, a market leader in its field, is one of the largest media conglomerates with diversified but complementary interests in television, including fifty Indian channels and thirteen international channels, as well as filmed entertainment, digital content, magazines,… Continue reading Relationship of Nifty and Network 18<\/span><\/a><\/p>\n","protected":false},"author":91944,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15970","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/15970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/users\/91944"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15970"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/15970\/revisions"}],"predecessor-version":[{"id":16179,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/15970\/revisions\/16179"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15970"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}