NAME \u2013 VAIBHAV MUKIM
\nSAPID \u2013 80012100116
\nDIVISION A
\nRelation between NIFTY and V2 Retail
\nIntroduction:
\nV2 Retail Ltd is a portal for all your fashion, lifestyle & home needs. V2 Retail Ltd aims
\nat providing a hassle free and enjoyable shopping experience to shoppers across the
\ncountry with the widest variety of products at best of its value. At V2 Retail Ltd we
\nstrive to achieve the highest level of “Customer Satisfaction” possible. Our cutting-
\nedge E-commerce platform, highly experienced buying team, agile warehouse
\nsystems and state of the art customer care centre provides customer with V2 Quality
\nAssurance experience.
\nObjective:
\nTo calculate the Beta value and find its significance.
\nData collection:
\nThe data was gathered from a secondary source, the NSE’s official website. Data on the
\nNSE’s daily closing stock price and the bank SBI has been gathered. The data has been
\nnarrowed down to the weekend (Friday) closing price only.
\nData Analysis:
\nRegression Equation:
\nRegression Statistics
\nMultiple R 0.775826383
\nR Square 0.601906577
\nAdjusted R Square 0.592196981
\nStandard Error 15.0529401
\nObservations 47
\nInterpretations:
\nHere, we can observe that the R square value is 0.414110003, meaning that the 41.4% of
\nweekly returns of SBI can be explained by Nifty, which is comparatively higher than most
\nindustry trends. We can conclude that SBI does follows the Nifty trend.
\nANOVA
\ndf SS MS F
\nSignificance
\nF
\nRegression 1 14046.5804 14046.5804 61.99090011 9.92E-10
\nResidual 41 9290.231231 226.5910056
\nTotal 42 23336.81163
\nInterpretations:
\nH0: Nifty is not influencing the weekly returns of V2 Retail.
\nH1: Nifty is influencing the weekly returns of V2 Retail.
\nHere as the F value is 61.99090011 which is more than 4, thus we reject the null hypothesis
\nand accept the alternate hypothesis, concluding that nifty is influencing the weekly returns of
\nV2 Retail Industries.
\nAlso, the Significance F value is 0.000451232 which is less than 0.05 thus the model is
\nsignificant.
\nCoefficients Standa
\nrd
\nError
\nt Stat P-
\nvalue
\nLower
\n95%
\nUpper
\n95%
\nLower
\n95.0%
\nUpper
\n95.0%
\nIntercept -130.2219333 34.135
\n86953
\n–
\n3.8148
\n12251
\n0.0004
\n51232
\n–
\n199.16
\n07204
\n–
\n61.283
\n14621
\n–
\n199.16
\n07204
\n–
\n61.283
\n14621<\/p>\n
Closing
\nprice of
\nNIFTY
\n0.016213217 0.0020
\n59232
\n7.8734
\n30009
\n9.92E-
\n10
\n0.0120
\n54514
\n0.0203
\n7192
\n0.0120
\n54514
\n0.0203
\n7192
\nInterpretations:
\nWe can observe here that the Beta value is 0.016213217 meaning that 1 unit change in Nifty
\nleads to 0.016213217 change in weekly returns of SBI. Also, the value of beta is positive
\nindicating the presence of a positive relationship between the two variables.
\nP value is 0.000451232 which is less than .05 thus the model is significant at 95% confidence
\ninterval.<\/p>\n","protected":false},"excerpt":{"rendered":"
NAME \u2013 VAIBHAV MUKIM SAPID \u2013 80012100116 DIVISION A Relation between NIFTY and V2 Retail Introduction: V2 Retail Ltd is a portal for all your fashion, lifestyle & home needs. V2 Retail Ltd aims at providing a hassle free and enjoyable shopping experience to shoppers across the country with the widest variety of products at… Continue reading Regression analysis<\/span><\/a><\/p>\n","protected":false},"author":91997,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-16071","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16071","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\/91997"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16071"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16071\/revisions"}],"predecessor-version":[{"id":16089,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16071\/revisions\/16089"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16071"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}