Author- Bhavika Dogra<\/p>\n
Introduction-
\nBajaj Finserv the financial service arm of Bajaj group was formed in 2007 post the demerger from Bajaj Auto. Bajaj Finserv Ltd is currently engaged in lending, protection and saving, and digital and online platforms offering a wide array of financial products and services in India. Bajaj Finserv through its operating companies serves millions of customers in the financial services space by providing financing option for multiple needs, Investment and saving options, asset protection through general insurance, family protection and income protection in the form of life and health insurance and retirement and savings solutions.<\/p>\n
Objectives-
\nRelationship of Bajaj Finance company with Nifty 50
\nTo calculate Beta of Bajaj Finance company and see its significance<\/p>\n
Data collection-
\nClosing Friday price were calculated by:
\nData for this company Bajaj finance has collected from NSE. Date and closing prices of Bajaj finance has been downloaded from nseindia.com ( Indices & Equity- Historical data)
\nFriday closing prices were calculated in week-returns.
\nIndices is taken as (X) and Equity is taken by (Y).
\nInsert one column in between the Date & Closing price column and write the formula for number ( weekday,2) then sort by A to Z and only take Friday values and insert the weekly return column with formula .(C3-C2)\/C2*100
\nThen to put the regression from data analysis we will get the values of Bajaj Finance.<\/p>\n
Data Analysis-<\/p>\n
\tRegression Statistics
\n\tMultiple R\t0.974172
\n\tR Square\t0.949011
\n\tAdjusted R Square\t0.947825
\n\tStandard Error\t188.25
\n\tObservations\t45\t\t\t\t\t\t\t\t<\/p>\n
\tANOVA
\n\t \tdf\tSS\tMS\tF\tSignificance F
\n\tRegression\t1\t28361787\t28361787\t800.3199\t2.01E-29
\n\tResidual\t43\t1523837\t35438.06
\n\tTotal\t44\t29885623\t \t \t \t\t\t\t<\/p>\n
\t \tCoefficients\tStandard Error\tt Stat\tP-value\tLower 95%\tUpper 95%\tLower 95.0%\tUpper 95.0%
\n\tIntercept\t-5771.93\t435.9107\t-13.2411\t9.05E-17\t-6651.03\t-4892.83\t-6651.03\t-4892.83
\n\tx\t0.746449\t0.026386\t28.28993\t2.01E-29\t0.693237\t0.79966\t0.693237\t0.79966\t<\/p>\n
Y= a+bx
\nA= -5771.93
\nB= 0.747
\nY= -5771.93-0.747x
\nT stat= 28.28
\nSo, P value is less than 0.05. The model is significant @ 5%<\/p>\n","protected":false},"excerpt":{"rendered":"
Author- Bhavika Dogra Introduction- Bajaj Finserv the financial service arm of Bajaj group was formed in 2007 post the demerger from Bajaj Auto. Bajaj Finserv Ltd is currently engaged in lending, protection and saving, and digital and online platforms offering a wide array of financial products and services in India. Bajaj Finserv through its operating… Continue reading Relationship of Bajaj Finance with Nifty 50<\/span><\/a><\/p>\n","protected":false},"author":93238,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[355],"class_list":["post-16420","post","type-post","status-publish","format-standard","hentry","category-business","tag-jdbims","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16420","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\/93238"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16420"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16420\/revisions"}],"predecessor-version":[{"id":16448,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16420\/revisions\/16448"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16420"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}