{"id":19695,"date":"2024-01-29T20:23:16","date_gmt":"2024-01-29T14:53:16","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=19695"},"modified":"2024-01-29T20:23:16","modified_gmt":"2024-01-29T14:53:16","slug":"relationship-of-adani-green-with-nifty-50","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=19695","title":{"rendered":"Relationship of Adani Green with nifty 50"},"content":{"rendered":"<p><strong><u>Title<\/u><\/strong><strong>:<\/strong> Relationship of Adani Green with Nifty50.<\/p>\n<p><strong><u>Author<\/u><\/strong>: Akshat Maheshwari<\/p>\n<p><strong><u>Intro<\/u><\/strong><strong>:<\/strong> Adani Green Energy Limited is a part of the Adani Group, a prominent Indian conglomerate. As a leading renewable energy company, Adani Green is dedicated to developing, operating, and maintaining solar and wind power projects across India. With a commitment to sustainable practices, Adani Green contributes significantly to India&#8217;s renewable energy landscape, fostering environmental responsibility and clean energy solutions.<\/p>\n<p><strong><u>Objective<\/u><\/strong>: To calculate Beta and its significance.<\/p>\n<p><strong><u>Views and Reviews<\/u><\/strong>:<\/p>\n<p><strong><u>Data collection<\/u><\/strong>:<\/p>\n<p><strong><u>Data Analysis<\/u><\/strong>:<\/p>\n<p>Equation = Y = 0.023639+1.0276(X)<\/p>\n<p>\u00a0<\/p>\n<p><u>Interpretation:<\/u><\/p>\n<p>The above equation shows the relation between Nifty50 and Adani Green.<\/p>\n<p>Return of Adani Green is dependent variable and return of Nifty50 is independent variable.<\/p>\n<p>Positive sign means if Nifty50 rises by 1 unit then share price of Adani Green will also rise by 1.0276 and vice versa.<\/p>\n<p>Number of observations are 50.<\/p>\n<p>The p-value for which is 5.54.<\/p>\n<p>R square is 0.55 which means 55% of variance in Adani Green are explained by Nifty.<\/p>\n<p>F is 59.83, p-value for this is 5.54 which means model is statistically significant at 1%<\/p>\n<p><strong><u>Conclusion<\/u><\/strong>: Beta is 1.0276, which is more than 1, it means that Adani Green is good for short-term investments.<\/p>\n<p><strong><u>Reference<\/u><\/strong>:<\/p>\n<p>https:\/\/nseindia.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Title: Relationship of Adani Green with Nifty50. Author: Akshat Maheshwari Intro: Adani Green Energy Limited is a part of the Adani Group, a prominent Indian conglomerate. As a leading renewable energy company, Adani Green is dedicated to developing, operating, and maintaining solar and wind power projects across India. With a commitment to sustainable practices, Adani&hellip; <a class=\"more-link\" href=\"http:\/\/www.sachdevajk.in\/?p=19695\">Continue reading <span class=\"screen-reader-text\">Relationship of Adani Green with nifty 50<\/span><\/a><\/p>\n","protected":false},"author":139227,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":["post-19695","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\/19695","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\/139227"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19695"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19695\/revisions"}],"predecessor-version":[{"id":19696,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19695\/revisions\/19696"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19695"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}