Author
\nAnthony Glavan Fernandez<\/p>\n
Introduction Of Company
\nGAIL (India) Limited is India’s major natural gas firm, having diverse interests in trading, transmission, LPG production and transmission, LNG re-gasification, petrochemicals, city gas, E&P, and other areas of the natural gas value chain. It owns and manages a natural gas pipeline network spanning the length and width of the country, totalling approximately 13,340 kilometres. It is also working on various pipeline projects at the same time to broaden its reach. GAIL controls 70% of the gas transmission industry and more than 50% of the gas trading sector in India. GAIL and its subsidiaries and joint ventures have a sizable market share in city gas distribution. GAIL has a sizable portfolio in the Liquefied Natural Gas (LNG) industry.<\/p>\n
Objective
\nTo calculate beta of company and find its significance<\/p>\n
Data Collection:
\nData was collected from the NSE Website which comprises of historic data for the past 1 year. The Friday of each week of the year was taken into consideration. The resultant was calculated and regression was performed on the data.<\/p>\n
Data Analysis:
\nWe know Y= a +bx1
\nWhere b is the beta value.
\nH0 \u2013 Null Hypothesis
\nH1 \u2013 Alternate Hypothesis
\nIf the beta coefficient is significant, the interpretation is that for every 1-unit increase in the predictor variable, the outcome variable will increase by the beta coefficient value. <\/p>\n
Observations:
\nIt was found that R Square is 95%, the regression Equation was found to be
\n Y= 0.37626 + 0.957X
\nHere Beta value is 0.957<\/p>\n
H0: Nifty is not influencing the weekly returns of GAIL.
\nH1: Nifty is influencing the weekly returns of GAIL.<\/p>\n
Here as the F value is 969.64 which is Greater than 4, thus we do not accept the null hypothesis and accept the alternate hypothesis, concluding that nifty is influencing the weekly returns of GAIL.
\nAlso, the Significance F value is 0.0 which is less than .025 thus the model is significant.<\/p>\n
—————————————END OF REPORT—————————————-<\/p>\n","protected":false},"excerpt":{"rendered":"
Author Anthony Glavan Fernandez Introduction Of Company GAIL (India) Limited is India’s major natural gas firm, having diverse interests in trading, transmission, LPG production and transmission, LNG re-gasification, petrochemicals, city gas, E&P, and other areas of the natural gas value chain. It owns and manages a natural gas pipeline network spanning the length and width… Continue reading To determine RELATIONSHIP OF NIFTY and GAIL<\/span><\/a><\/p>\n","protected":false},"author":91963,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-16012","post","type-post","status-publish","format-standard","hentry","category-management","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16012","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\/91963"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16012"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16012\/revisions"}],"predecessor-version":[{"id":16168,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16012\/revisions\/16168"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16012"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}