Title:- Relationship of pvrinox ltd. With nifty 50<\/p>\n
Authored :- Prajwal Jambhale (021330024157)<\/p>\n
\u00a0<\/p>\n
Introduction: –<\/p>\n
PVRINOX LTD.\u00a0 Is a film exhibition company in India and \u00a0Sri Lanka that operates multiplexes, theaters, & other related businesses. PVR INOX was formed in May 2023 after the merger of PVR \u00a0cinemas and INOX leisure Multiplex the company was founded in1995 PVR INOX is headquartered in Gurugram Indian.<\/p>\n
Objective:- To find out preta of your company & significant<\/p>\n
Data collection:-\u00a0 I have downloaded data from NCE website for the period of 1 may 2023 to 30 April 2024 then find out weekly closing prices and by using (yt+1<\/sub>– yt<\/sub>)\/ yt<\/sub>*100 and weekly return on nifty 50 as \u201cx\u201d and for PVRINOX as \u201cY\u201d and \u201cY\u201d was regrased on \u201cX\u201d<\/p>\n Data analysis:-<\/p>\n Intercept = A<\/p>\n X variable (weekly return) = \u03b2<\/p>\n Weekly report of PVRINOX LTD.= 0.213093074 (Intercept)+ 0.217675498 (x variable)<\/p>\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (t-stat = 1.417053473)<\/p>\n No. of Observation(N): 48<\/p>\n R^2 = 0.041827172<\/p>\n F = 2.008040546<\/p>\n Significance R = 2.008040546<\/p>\n The above equation shows the relation between NIFTY50 and PVRINOX LTD., positive sign before Co-efficient of NIFTY50 shows that there is a positive relationship, If NIFTY50 rises by 1 unit PVRINOX LTD. will rise by \u00a00.217675498 \u00a0and vice versa.<\/p>\n The figure in bracket that is tStat for \u03b2 and the P-value = 2.008040546, which is greater than 0.05, which means \u03b2 is statistically insignificant for the N= 48, R^2=0.041827172, which means 4.18% of PVRINOX LTD.\u2019s return explained by NIFTY50.<\/p>\n F = 2.008040546 and the P-value ror that is 2.008040546 meaning which is greater than 0.05 which means overall model is statistically insignificant at 5% level.<\/p>\n \u00a0<\/p>\n CONCLUSION<\/p>\n As \u03b2 is less than 1 and positive (0.217675498), PVRINOX LTD. is good for long term investment.<\/p>\n","protected":false},"excerpt":{"rendered":" Title:- Relationship of pvrinox ltd. With nifty 50 Authored :- Prajwal Jambhale (021330024157) \u00a0 Introduction: – PVRINOX LTD.\u00a0 Is a film exhibition company in India and \u00a0Sri Lanka that operates multiplexes, theaters, & other related businesses. PVR INOX was formed in May 2023 after the merger of PVR \u00a0cinemas and INOX leisure Multiplex the company… Continue reading Relationship of pvrinox ltd. With nifty 50<\/span><\/a><\/p>\n","protected":false},"author":139611,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":["post-21580","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\/21580","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\/139611"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21580"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21580\/revisions"}],"predecessor-version":[{"id":21582,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/21580\/revisions\/21582"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21580"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}