\u00a0<\/p>\n
Author Name:– Pratham Jaiswal\u00a0 F2 Batch<\/p>\n
Roll no: 021330024193<\/p>\n
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Introduction:– Punjab National Bank and its historical data says stock price is volatile in nature because some Privious were happened in bank<\/p>\n
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Objective:– Is to find beta in Punjab national bank and Its significance<\/p>\n
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Data collection:– Data for Nifty fifty and Punjab national bank was downloaded from NSE site\u00a0 , further period 1 April -31 March 2023,Data manipulated to get Friday closing price and its weekly return calculate by formula (Yt-1 – Yt)Yt\u00d7100<\/p>\n
Weekly return of Punjab National Bank were regress on weekly return of Nifty fifty<\/p>\n
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Data Analysis:– equation:–<\/p>\n
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Weekly return of Punjab National Bank = -1.91+0.051 weekly return of Nifty fifty N=48,R2=0.001,F=0.008,P Value=0.92<\/p>\n
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THE above equation shows the relationship between Nifty fifty and Punjab national bank<\/p>\n
The Negative sign means if Nifty fall , Punjab national bank will also fall ,vice versa<\/p>\n
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THE coefficient of Nifty fifty has T stat= 0.09<\/p>\n
P value of which is = 0.92, it is more than 0.05 , meaning Nifty fifty not statistically significant to increase price of Punjab National Bank<\/p>\n
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R2 = 0.001 meaning .01% Of Punjab National Bank price are explained by Nifty fifty 99.9% depends on other factors like fundamentals are other factors<\/p>\n
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F is 0.008 and P value is 0.92 meaning it is more than 0.05 meaning the overall model is statistically significant<\/p>\n
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Conclusions:– But it is more than 1 but positive means it is good for\u00a0 short term investment<\/p>\n
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\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
\u00a0 Author Name:– Pratham Jaiswal\u00a0 F2 Batch Roll no: 021330024193 \u00a0 Introduction:– Punjab National Bank and its historical data says stock price is volatile in nature because some Privious were happened in bank \u00a0 \u00a0 Objective:– Is to find beta in Punjab national bank and Its significance \u00a0 \u00a0 Data collection:– Data for Nifty fifty… Continue reading Relationship between Punjab National bank and Nifty Fifty<\/span><\/a><\/p>\n","protected":false},"author":139538,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-21275","post","type-post","status-publish","format-standard","hentry","category-management","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21275","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\/139538"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21275"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21275\/revisions"}],"predecessor-version":[{"id":21276,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21275\/revisions\/21276"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21275"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}