{"id":19373,"date":"2023-12-26T17:19:28","date_gmt":"2023-12-26T11:49:28","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=19373"},"modified":"2023-12-26T17:19:28","modified_gmt":"2023-12-26T11:49:28","slug":"relationship-between-nifty-50-and-oracle-financial-services","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=19373","title":{"rendered":"Relationship between Nifty 50 and Oracle Financial Services"},"content":{"rendered":"

Author<\/span><\/span> \u2013 Ojaswi Sheth<\/span><\/span><\/p>\n

INTRODUCTION <\/span><\/span><\/p>\n

Oracle Financial Services, a flagship offering by Oracle Corporation, is a comprehensive suite of software solutions designed for the diverse needs of financial institutions. Leveraging Oracle’s expertise in database management and enterprise software, this suite addresses core banking operations, risk management, compliance, analytics, and customer experience. The suite emphasizes risk mitigation and compliance adherence, providing tools for credit risk, market risk, and regulatory compliance.<\/span><\/span> Serving a global customer base, Oracle Financial Services empowers financial institutions to navigate the complexities of the modern financial landscape, fostering efficiency, compliance, and customer satisfaction.<\/span><\/span><\/p>\n

OBJECTIVE<\/span><\/span><\/p>\n

To find beta and its significance.<\/span><\/span><\/p>\n

VIEWS AND REVIEWS<\/span><\/span><\/p>\n

\u2022 <\/span>The Oracle Financial Services Software Ltd having a market cap of <\/span><\/span>\u20b9\u00a0<\/span><\/span>36,485<\/span><\/span>\u00a0Cr. Is showing a constant growth in sales from Rs <\/span><\/span>3,147 Cr in March 2012 to Rs 5,698 Cr in March 2023.<\/span><\/span><\/div>\n
\u2022 <\/span>EBITDA stands at Rs 623.25 crore in September 2023 Up 1.76% from Rs 612.50 crore in September 2022<\/span><\/span><\/div>\n

\u00a0<\/p>\n

DATA COLLECTION<\/span><\/span><\/p>\n

Nifty 50 and <\/span><\/span>Oracle Financial Services Software Ltd<\/span><\/span><\/p>\n

The closing price was collected from the yahoo finance website. The weekly return of Nifty is termed as \u201cX\u201d and weekly return of Oracle Financial Services Software Ltd is termed as \u201cY\u201d. Besides that, a few other things written in this report are taken from other websites and its information is provided in references.<\/span><\/span><\/p>\n

DATA ANALYSTS<\/span><\/span><\/p>\n

The regression equation for the data is \u2013<\/span><\/span><\/p>\n

Y = 0.465179667+ 0.903970571x<\/span><\/span><\/p>\n

The above equation shows the relation between Nifty50 and <\/span><\/span>Oracle Financial Services Software <\/span><\/span>Ltd<\/span><\/span> .<\/span><\/span><\/p>\n

Return of Oracle financial services is dependent variable and return of Nifty50 is independent variable.<\/span><\/span><\/p>\n

The number of observations <\/span><\/span>are<\/span><\/span> 49.<\/span><\/span><\/p>\n

3.3844649 is the t-stat for Y, the p-value for which is 0.001447443.<\/span><\/span><\/p>\n

R square is <\/span><\/span>0.195957245<\/span><\/span><\/p>\n

which means 19% of variances in Oracle financial services Ltd. are explained by Nifty.<\/span><\/span><\/p>\n

F is <\/span><\/span>11.45460296<\/span><\/span>, p-value for this is 0.001447443 which means the model is statistically significant at\u00a0the\u00a01%\u00a0level.<\/span><\/span><\/p>\n

\u00a0<\/p>\n

CONCLUSION<\/span><\/span><\/p>\n

Here the beta is 0.903970571x which is less than 1, which means <\/span><\/span>Oracle Financial Services Software Ltd<\/span><\/span>is good for long term investment.<\/span><\/span><\/p>\n

\u00a0<\/p>\n

REFERANCE<\/span><\/span><\/p>\n

Source of data is collected from Yahoo Finance and Screener <\/span><\/span>Yahoo Finance – Stock Market Live, Quotes, Business & Finance News<\/span><\/a> , Popular Stock Screens – Screener<\/span><\/a><\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Author \u2013 Ojaswi Sheth INTRODUCTION Oracle Financial Services, a flagship offering by Oracle Corporation, is a comprehensive suite of software solutions designed for the diverse needs of financial institutions. Leveraging Oracle’s expertise in database management and enterprise software, this suite addresses core banking operations, risk management, compliance, analytics, and customer experience. The suite emphasizes risk… Continue reading Relationship between Nifty 50 and Oracle Financial Services<\/span><\/a><\/p>\n","protected":false},"author":139123,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":["post-19373","post","type-post","status-publish","format-standard","hentry","category-finance","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19373","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\/139123"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19373"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19373\/revisions"}],"predecessor-version":[{"id":19374,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19373\/revisions\/19374"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19373"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}