Title: Relationship of Abbott with Nifty50.<\/p>\n
Author: Anand Kumar<\/p>\n
Intro: Since 1910, Abbott has been dedicated to helping people in India live healthier lives through a diverse range of science-based nutritional products, diagnostic tools, branded generic pharmaceuticals, and diabetes and vascular devices.<\/p>\n
Objective: To calculate Beta and its significance.<\/p>\n
Views and Reviews-In India, Abbott values our people and delivers key employee and talent priorities. Our India Talent Strategy sets out our employee value proposition, where we create a transformational journey and offer opportunities for our people to grow and build successful careers at Abbott.<\/p>\n
Data collection:\u00a0<\/p>\n
https:\/\/www.nseindia.com\/<\/p>\n
Data Analysis:\u00a0<\/p>\n
Equation: Y= 0.370826 + 0.227098 x<\/p>\n
Interpretation:<\/p>\n
The above equation shows the relation between Nifty50 and SBI Cards.<\/p>\n
Return of SBI Cards is dependent variable and return of Nifty50 is independent variable.<\/p>\n
Positive sign means if Nifty50 rises by 1 unit then share price of SBI Cards will also rise by 0.227 and vice-versa.<\/p>\n
Number of observations are 49.<\/p>\n
The p-value for which is 0.38.<\/p>\n
R square is 0.016 which means 1.6% of variances in Bank of Baroda are explained by Nifty.\u00a0<\/p>\n
F is 0.77, p-value for this is 0.38 which means model is statistically significant at 1% level.<\/p>\n
\u00a0<\/p>\n
Conclusion: Beta is 0.22 which is less than 1, it means that Abbott is good for long term investment.<\/p>\n
Reference:<\/p>\n
https:\/\/www.nseindia.com\/<\/p>\n
Reviews -https:\/\/www.abbott.in\/careers\/<\/p>\n
working-with-us.html<\/p>\n
\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
Title: Relationship of Abbott with Nifty50. Author: Anand Kumar Intro: Since 1910, Abbott has been dedicated to helping people in India live healthier lives through a diverse range of science-based nutritional products, diagnostic tools, branded generic pharmaceuticals, and diabetes and vascular devices. Objective: To calculate Beta and its significance. Views and Reviews-In India, Abbott values… Continue reading Relationship of Abbott with Nifty50.<\/span><\/a><\/p>\n","protected":false},"author":139191,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":["post-19613","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\/19613","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\/139191"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19613"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19613\/revisions"}],"predecessor-version":[{"id":19614,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19613\/revisions\/19614"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19613"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}