{"id":18997,"date":"2023-11-16T09:16:14","date_gmt":"2023-11-16T03:46:14","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=18997"},"modified":"2023-11-16T09:16:14","modified_gmt":"2023-11-16T03:46:14","slug":"relationship-of-s-chand-and-company-limited-with-nifty-fifty-and-to-calculate-beta","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=18997","title":{"rendered":"Relationship of S Chand and Company Limited with Nifty Fifty and to calculate beta"},"content":{"rendered":"<p><strong><u>Title<\/u><\/strong>: Relationship of S Chand and Company Limited with Nifty Fifty and to calculate beta.<\/p>\n<p><strong><u>Author<\/u><\/strong>\u00a0\u2013 Swati Sinha<\/p>\n<p>Introduction\u00a0\u2013S Chand and Company Limited, founded in 1939, is a key player in the Indian education sector. Specializing in educational content and services, the company is renowned for its innovative textbooks, digital resources, and integrated learning solutions, contributing significantly to the evolving educational landscape in India.<\/p>\n<p><strong><u>Objectives<\/u><\/strong>\u00a0\u2013 To calculate Beta of S Chand and Company limited to see its significance.<\/p>\n<p><strong><u>Literature Review\u00a0\u2013<\/u><\/strong><\/p>\n<ul>\n<li>S Chand and Company Limited is a well-established education content and services company based in India. It has a legacy dating back to 1939, making it one of the oldest and most recognized players in the Indian education sector. The company is known for its diverse range of educational products, including textbooks, digital content, and integrated learning solutions catering to various educational levels.<\/li>\n<\/ul>\n<ul>\n<li>S Chand adapts to education tech trends, integrating digital content to meet the global shift towards e-learning. Diversification beyond textbooks boosts resilience to market changes. Stock performance hinges on financial health, market presence, and responsiveness to industry trends. Competitive positioning is vital\u2014observing how S Chand aligns with trends, responds to curriculum changes, and captures new markets impacts long-term growth and stock valuation.<\/li>\n<\/ul>\n<p><strong><u>Data Collection<\/u><\/strong>\u00a0\u2013 The data for Nifty fifty and Equity of S Chand \u00a0has been downloaded from and finance.yahoo.com from 1st\u00a0November, 2022 to 31st\u00a0October, 2023. Data was manipulated to calculate the Friday closing price.<\/p>\n<p><strong><u>Data Analysis <\/u><\/strong><\/p>\n<table width=\"1675\">\n<tbody>\n<tr>\n<td width=\"1675\">S Chand share =0.962 + 0.00757 Nifty<\/td>\n<\/tr>\n<tr>\n<td width=\"1675\">n= 49, Rsquare =0.000273, F = 0.01313<\/td>\n<\/tr>\n<tr>\n<td width=\"1675\"><\/td>\n<\/tr>\n<tr>\n<td width=\"1675\">The above equation shows the relationship of S Chand and Company Limited with Nifty<\/td>\n<\/tr>\n<tr>\n<td width=\"1675\">If Nifty rises by 1 unit, S Chand will rise by 0.00757\u00a0 unit<\/td>\n<\/tr>\n<tr>\n<td width=\"1675\"><\/td>\n<\/tr>\n<tr>\n<td width=\"1675\">t-stat for b is 0.1145 and the p value is 0.9092 which is more\u00a0 than 0.05, so b is\u00a0 equal to 0 , meaning<\/p>\n<p>Nifty does impacts S Chand &amp; Co.<\/td>\n<\/tr>\n<tr>\n<td width=\"1675\">Rsquare value\u00a0 is 0.00027,means that approximately 0.027% of the variability in S Chand&#8217;s<\/p>\n<p>share price is explained by the movement in Nifty meaning 99.973%% depends upon other things<\/p>\n<p>like fundamentals<\/td>\n<\/tr>\n<tr>\n<td width=\"1675\">F = 0.013132, and p value is more than 0.05, so\u00a0 the overall model is not statistically significant<\/p>\n<p>in explaining the variation in the dependent variable.<\/td>\n<\/tr>\n<tr>\n<td width=\"1675\"><\/td>\n<\/tr>\n<tr>\n<td width=\"1675\"><strong><u>Conclusions <\/u><\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"1675\">As Beta is (0.00757) is less than 1, so good for long term investments<\/p>\n<p><strong><u>References <\/u><\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.moneycontrol.com\/india\/stockpricequote\/printingstationery\/schandcompanylimited\/CCL\">https:\/\/www.moneycontrol.com\/india\/stockpricequote\/printingstationery\/schandcompanylimited\/CCL<\/a><\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong><a href=\"https:\/\/finance.yahoo.com\/quote\/SCHAND.NS?p=SCHAND.NS&amp;.tsrc=fin-srch\">https:\/\/finance.yahoo.com\/quote\/SCHAND.NS?p=SCHAND.NS&amp;.tsrc=fin-srch<\/a><\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"1675\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Title: Relationship of S Chand and Company Limited with Nifty Fifty and to calculate beta. Author\u00a0\u2013 Swati Sinha Introduction\u00a0\u2013S Chand and Company Limited, founded in 1939, is a key player in the Indian education sector. Specializing in educational content and services, the company is renowned for its innovative textbooks, digital resources, and integrated learning solutions,&hellip; <a class=\"more-link\" href=\"http:\/\/www.sachdevajk.in\/?p=18997\">Continue reading <span class=\"screen-reader-text\">Relationship of S Chand and Company Limited with Nifty Fifty and to calculate beta<\/span><\/a><\/p>\n","protected":false},"author":138957,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[1855,51,1611,211,43,45,197,54,44,56,74,198,1559,1336,52],"class_list":["post-18997","post","type-post","status-publish","format-standard","hentry","category-finance","tag-schand","tag-analysis","tag-beta","tag-demand-market-shares","tag-finance","tag-investing","tag-investments","tag-markets","tag-nifty","tag-nifty-50","tag-regression","tag-shares","tag-stock-broking","tag-stock-market","tag-stocks","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/18997","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\/138957"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18997"}],"version-history":[{"count":2,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/18997\/revisions"}],"predecessor-version":[{"id":19010,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/18997\/revisions\/19010"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18997"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}