{"id":19502,"date":"2023-12-29T18:56:56","date_gmt":"2023-12-29T13:26:56","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=19502"},"modified":"2023-12-29T18:56:56","modified_gmt":"2023-12-29T13:26:56","slug":"relationship-of-muthoot-finance-with-and-nifty-50","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=19502","title":{"rendered":"Relationship of Muthoot finance with and NIFTY 50"},"content":{"rendered":"<p><u>Relationship of Muthoot finance with nifty 50<\/u><\/p>\n<p><strong><u>Author:<\/u><\/strong> Manish Gautam<\/p>\n<p><strong><u>Batch:<\/u><\/strong> \u00a0\u00a0F1<\/p>\n<p><strong><u>Roll No:<\/u><\/strong> 21230023922<\/p>\n<p><strong><u>Introduction:<\/u><\/strong><\/p>\n<p>Muthoot Finance Limited is an Indian financial corporation that specializes in providing a wide range of financial services, with a primary focus on gold loans. The company was founded in 1939 by M. George Muthoot and is headquartered in Kochi, Kerala, India. Over the years, Muthoot Finance has grown to become one of the largest and most prominent non-banking financial companies (NBFCs) in India.<\/p>\n<p>Here is an introduction to Muthoot Finance in financial terms:<\/p>\n<p><strong>Nature of Business<\/strong><\/p>\n<ul>\n<li><strong>Gold Loan Business<\/strong><\/li>\n<li><strong>Branch Network<\/strong><\/li>\n<li><strong>Diversification of Services<\/strong><\/li>\n<li><strong>NBFC Status<\/strong><\/li>\n<\/ul>\n<p><strong><u>Objective:<\/u><\/strong><\/p>\n<p>To determine Muthoot Finance Limited beta and analyze its significance.<\/p>\n<p><strong><u>Data collection:<\/u><\/strong><\/p>\n<p>Data for this period (01.12.2022 to 30.11.2023) was obtained from the NSE India website and Weekly Closing Prices. Where discovered, weekly Nifty returns, and weekly Muthoot Finance Limited returns were calculated (Nifty returns as X and equity returns as Y) Y was a regression on X.<\/p>\n<p><strong>Data Analyses <\/strong><\/p>\n<p>The regression equation is typically represented as:<\/p>\n<p>Y=\u03b20+\u03b21X+\u03b5<\/p>\n<p>Where<\/p>\n<ul>\n<li>Y is the dependent variable<\/li>\n<li>X is the independent variable<\/li>\n<li>\u03b20 is the intercept<\/li>\n<li>\u03b21 is the coefficient for the independent variable<\/li>\n<li>\u03b5 is the error term.<\/li>\n<\/ul>\n<p>From your provided statistics, the coefficients are as follows:<\/p>\n<ul>\n<li>Intercept (\u03b20): 0.00645709<\/li>\n<li>Coefficient for the independent variable (\u03b21): 0.00502356<\/li>\n<\/ul>\n<p>Therefore, the regression equation is: Y=0.00645709+0.00502356X+\u03b5 Additionally, the statistics table provides the t-statistic for \u03b20 and \u03b21, as well as their corresponding p-values. The t-statistic is used to test the hypothesis that the corresponding coefficient is equal to zero. The p-value represents the probability of observing a t-statistic as extreme as the one computed from the sample, assuming that the null hypothesis is true.<\/p>\n<p>For \u03b20:<\/p>\n<ul>\n<li>t Stat: 1.385897256<\/li>\n<li>P-value: 0.172319211<\/li>\n<\/ul>\n<p>For \u03b21:<\/p>\n<ul>\n<li>t Stat: 0.032447155<\/li>\n<li>P-value: 0.388548272<\/li>\n<\/ul>\n<p><strong><u>Conclusion:<\/u><\/strong><\/p>\n<p>In both cases, the p-values are higher than the common significance level of 0.05. Therefore, we fail to reject the null hypothesis that the corresponding coefficients are equal to zero.<\/p>\n<p><strong><u>References:<\/u><\/strong><\/p>\n<p><u>https:\/\/www.nseindia.com\/market-data\/securities-available-for-trading<\/u><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Relationship of Muthoot finance with nifty 50 Author: Manish Gautam Batch: \u00a0\u00a0F1 Roll No: 21230023922 Introduction: Muthoot Finance Limited is an Indian financial corporation that specializes in providing a wide range of financial services, with a primary focus on gold loans. The company was founded in 1939 by M. George Muthoot and is headquartered in&hellip; <a class=\"more-link\" href=\"http:\/\/www.sachdevajk.in\/?p=19502\">Continue reading <span class=\"screen-reader-text\">Relationship of Muthoot finance with and NIFTY 50<\/span><\/a><\/p>\n","protected":false},"author":139166,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":["post-19502","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\/19502","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\/139166"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19502"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19502\/revisions"}],"predecessor-version":[{"id":19503,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19502\/revisions\/19503"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19502"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}