NAME \u2013 SWATI NARAYAN SAPID \u2013 80012100300 DIVISION A
\n Introduction:
\nRelation between NIFTY and SUN TV
\nSun TV Network is an Indian mass media company headquartered in Chennai, Tamil Nadu, India. It is a part of Sun Group and is one of Asia’s largest TV networks. Established on 14 April 1992 by Kalanithi Maran, it owns a variety of television channels in multiple languages and radio stations in multiple languages. Its flagship channel is Sun TV, which was the first fully privately owned regional TV channel in India and the first Tamil TV channel in the world.
\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 NSE’s daily closing stock price and the bank Sun TV has been gathered. The data has been narrowed down to the weekend (Friday) closing price only.
\nData Analysis: Regression Equation:
\nRegression Statistics Multiple R 0.0856878
\n R Square Adjusted R Square
\n0.007342405 0.016868756 28.83882044
\n Standard Error
\nObservations 47<\/p>\n
Interpretations:
\nHere, we can observe that the R square value is 0.007342405, meaning that the .734%% of weekly returns of SUN TV can be explained by Nifty, which is comparatively higher than most industry trends. We can conclude that SUN TV does follows the Nifty trend.
\n ANOVA
\n Significance df SS MS F F
\n Regression
\nResidual
\nTotal 42
\n1 252.2189337
\n41 34098.78014 34350.99907
\n252.2189337 831.6775643
\n0.303265285
\n0.58483095
\n Interpretations:
\nH0: Nifty is not influencing the weekly returns of SUN TV. H1: Nifty is influencing the weekly returns of SUN TV.
\nHere as the F value is 0.303265285 which is less than 4, thus we select the null hypothesis and reject the alternate hypothesis, concluding that nifty is not influencing the weekly returns of SUN TV.
\nAlso, the Significance F value is 0.58483095 which is greater than 0.05 thus the model is not significant.
\n Coefficients
\n Stand ard Error
\n t Stat
\n P- value
\n Lower 95%
\n Upper 95%
\n Lower 95.0%
\n Upper 95.0%
\n Intercept
\n481.1122838
\n 65.398 40094
\n7.3566 36812
\n 5.193 84E- 09
\n 349.03 75337
\n 613.18 70339
\n349.03 75337
\n 613.18 70339
\n Closing price of NIFTY
\n 0.002172565
\n 0.0039 45131
\n 0.5506 95274
\n 0.584 83095
\n – 0.0057 94788
\n 0.0101 39918
\n – 0.0057 94788
\n 0.0101 39918
\n Interpretations:<\/p>\n
We can observe here that the Beta value is 0.002172565 meaning that 1 unit change in Nifty leads to 0.002172565 change in weekly returns of SBI. Also, the value of beta is positive indicating the presence of a positive relationship between the two variables.
\nP value is 0.58483095 which is greater than .05 thus the model is not significant at 95% confidence interval.<\/p>\n","protected":false},"excerpt":{"rendered":"
NAME \u2013 SWATI NARAYAN SAPID \u2013 80012100300 DIVISION A Introduction: Relation between NIFTY and SUN TV Sun TV Network is an Indian mass media company headquartered in Chennai, Tamil Nadu, India. It is a part of Sun Group and is one of Asia’s largest TV networks. Established on 14 April 1992 by Kalanithi Maran, it… Continue reading Regression Analysis<\/span><\/a><\/p>\n","protected":false},"author":91998,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-16073","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\/16073","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\/91998"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16073"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16073\/revisions"}],"predecessor-version":[{"id":16098,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16073\/revisions\/16098"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16073"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}