\u00a0<\/p>\n
Title: Relationship of <\/span>Raymond<\/span> with Nifty50.<\/span><\/p>\n Author:<\/span><\/span> Raksha Sharma<\/span><\/span>.<\/span><\/span><\/p>\n Introduction:<\/span><\/span> It was incorporated as the\u00a0<\/span><\/span>Raymond Woollen Mill<\/span><\/span>\u00a0during the year 1925 by Albert Raymond and Abraham Jacob Raymond near\u00a0<\/span><\/span>Thane Creek<\/span><\/span><\/a>. Lala <\/span><\/span>Kailashpat<\/span><\/span> Singhania took over The Raymond Woollen Mill in the year 1944. <\/span><\/span><\/p>\n Objectives:<\/span><\/span> To calculate beta and find its significance.<\/span><\/span><\/p>\n Views & Reviews:<\/span><\/span> Raymond LTD<\/span><\/span> is a stock that hasn\u2019t disappointed investors. The company<\/span><\/span> continues to deliver exceptional performance yearly, reflecting <\/span><\/span>Raymond\u2019S<\/span><\/span> share performance. <\/span><\/span>Raymond<\/span><\/span> has delivered a 10-year CAGR of <\/span><\/span>19%<\/span><\/span> from INR <\/span><\/span>176.40<\/span><\/span> on 2013 to currently trading at INR <\/span><\/span>1752<\/span><\/span> per share on \u00a02023.<\/span><\/span><\/p>\n Data collection:<\/span><\/span><\/p>\n Data is downloaded fro<\/span><\/span>m <\/span><\/span>https:\/\/www.nseindia.com\/reports-indices-historical-index-data<\/span><\/span><\/a> , <\/span><\/span>https:\/\/www.nseindia.com\/get-quotes\/equity?symbol=RAYMOND<\/span><\/span><\/a> for 1-1<\/span><\/span>0<\/span><\/span>-2022 to 30-<\/span><\/span>09<\/span><\/span>-2023 period.<\/span><\/span><\/p>\n R<\/span><\/span>egression Equation<\/span><\/span>: Return of <\/span><\/span>Raymond<\/span><\/span> = <\/span><\/span>-3847.82<\/span><\/p>\n –<\/span>0.289271<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n (Return of Nifty 50)<\/span><\/span>\u00a0<\/p>\n \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 R Square = <\/span><\/span>0.81396<\/span> \u00a0 <\/span><\/span>\u00a0 (<\/span><\/span>14.34014<\/span>)<\/span><\/span><\/p>\n \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 F = <\/span><\/span>205.6395<\/span><\/p>\n Interpretation: <\/span><\/span>In the above equation shows the relationship<\/span><\/span>between Nifty 50 and <\/span><\/span>Raymond <\/span><\/span>share. Return of <\/span><\/span>Raymond<\/span><\/span> is dependent variable and Return of Nifty 50 is independent variable. Negative sign means if Nifty 50 price rises, <\/span><\/span>Raymond<\/span><\/span> share price falls. If Nifty 50 price rises 1 unit, <\/span><\/span>Raymond<\/span><\/span> share price will fall by <\/span><\/span>0.289271<\/span> unit & vice versa. No of observation are 50. Figure which is written in bracket <\/span><\/span>14.34014<\/span> is <\/span><\/span>t<\/span><\/span> test for b. The P value for which is <\/span><\/span>8.75E-19<\/span>which means <\/span><\/span>Nifty 50 is statistically insignificant at 5% level. R square is <\/span><\/span>0.813964<\/span> which means <\/span><\/span>81.39<\/span><\/span>% of variances in <\/span><\/span>Raymond<\/span><\/span> share price are explained by Nifty 50 in other words <\/span><\/span>18.61%<\/span><\/span> is error means <\/span><\/span>18.61%<\/span><\/span> is due to the variables which are no in the model. F is <\/span><\/span>205.6395<\/span>. Overall model is statistically insignificant at 5% level.<\/span><\/span><\/p>\n Conclusion:<\/span><\/span> Beta is <\/span><\/span>-3847.82<\/span> is less than 1 it means <\/span><\/span>Raymond <\/span><\/span>is good for long term investment.<\/span><\/span><\/p>\n References: <\/span><\/span><\/p>\n \u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" \u00a0 Title: Relationship of Raymond with Nifty50. Author: Raksha Sharma. Introduction: It was incorporated as the\u00a0Raymond Woollen Mill\u00a0during the year 1925 by Albert Raymond and Abraham Jacob Raymond near\u00a0Thane Creek. Lala Kailashpat Singhania took over The Raymond Woollen Mill in the year 1944. Objectives: To calculate beta and find its significance. Views & Reviews: Raymond… Continue reading Relationship of Raymond with Nifty 50<\/span><\/a><\/p>\n","protected":false},"author":139120,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"class_list":["post-19498","post","type-post","status-publish","format-standard","hentry","category-investing","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19498","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\/139120"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19498"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19498\/revisions"}],"predecessor-version":[{"id":19499,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19498\/revisions\/19499"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19498"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n\n
\n \n