RCompany : RELIANCE INFRASTRUCTURE LTD.

( 500390 )
Stock Price
Date

From 1 Dec To 31 Jan

Close Price of Previous Day Close Price of Current Day

1-Dec-10
844.7
870.9
2-Dec-10
870.9
874.2
3-Dec-10
874.2
836.7
6-Dec-10
836.7
830.5
7-Dec-10
830.5
834.3
8-Dec-10
834.3
832.8
9-Dec-10
832.8
777.7
10-Dec-10
777.7
781.1
13-Dec-10
781.1
811.4
14-Dec-10
811.4
833.1
15-Dec-10
833.1
824.4
16-Dec-10
824.4
828.5
20-Dec-10
828.5
810.8
21-Dec-10
810.8
808.5
22-Dec-10
808.5
794.45
23-Dec-10
794.45
788
24-Dec-10
788
814.8
27-Dec-10
814.8
797.6
28-Dec-10
797.6
795.45
29-Dec-10
795.45
804.2
30-Dec-10
804.2
809.65
31-Dec-10
809.65
842
3-Jan-11
842
862.5
4-Jan-11
862.5
877.15
5-Jan-11
877.15
856.65
6-Jan-11
856.65
859.5
7-Jan-11
859.5
826.65
10-Jan-11
826.65
807.3
11-Jan-11
807.3
803.05
12-Jan-11
803.05
820.2
13-Jan-11
820.2
809.6
14-Jan-11
809.6
798.25
17-Jan-11
798.25
735.7
18-Jan-11
735.7
702.35
19-Jan-11
702.35
721.35
20-Jan-11
721.35
716.95
21-Jan-11
716.95
737.1
24-Jan-11
737.1
729.7
25-Jan-11
729.7
717.8
27-Jan-11
717.8
716.3
28-Jan-11
716.3
724.4

31-Jan-11

724.4

707.7

Gain or Loss

%age Gain
26.2
3.3
-37.5
-6.2
3.8
-1.5
-55.1
3.4
30.3
21.7
-8.7
4.1
-17.7
-2.3
-14.05
-6.45
26.8
-17.2
-2.15
8.75
5.45
32.35
20.5
14.65
-20.5
2.85
-32.85
-19.35
-4.25
17.15
-10.6
-11.35
-62.55
-33.35
19
-4.4
20.15
-7.4
-11.9
-1.5
8.1

3.1
0.38
-4.29
-0.74
0.46
-0.18
-6.62
0.44
3.88
2.67
-1.04
0.5
-2.14
-0.28
-1.74
-0.81
3.4
-2.11
-0.27
1.1
0.68
4
2.43
1.7
-2.34
0.33
-3.82
-2.34
-0.53
2.14
-1.29
-1.4
-7.84
-4.53
2.71
-0.61
2.81
-1
-1.63
-0.21
1.13

% gain - mean (x)

3.49
0.77
-3.9
-0.35
0.84
0.21
-6.23
0.82
4.27
3.06
-0.66
0.88
-1.75
0.1
-1.35
-0.43
3.79
-1.72
0.12
1.49
1.06
4.38
2.82
2.08
-1.95
0.72
-3.44
-1.95
-0.14
2.52
-0.91
-1.02
-7.45
-4.15
3.09
-0.22
3.2
-0.62
-1.24
0.18
1.52

-16.7

Sum =
Mean =

-2.31

-16.22
-0.39

-1.92

Sensex Previous day close Sensex Current Day Close Sensex Gain
19,521.25
19,850.00
328.75
19,850.00
19,992.70
142.70
19,992.70
19,966.93
-25.77
19,966.93
19,981.31
14.38
19,981.31
19,934.64
-46.67
19,934.64
19,696.48
-238.16
19,696.48
19,242.36
-454.12
19,242.36
19,508.89
266.53
19,508.89
19,691.78
182.89
19,691.78
19,799.19
107.41
19,799.19
19,647.77
-151.42
19,647.77
19,864.85
217.08
19,864.85
19,888.88
24.03
19,888.88
20,060.32
171.44
20,060.32
20,015.80
-44.52
20,015.80
19,982.88
-32.92
19,982.88
20,073.66
90.78
20,073.66
20,028.93
-44.73
20,028.93
20,025.42
-3.51
20,025.42
20,256.03
230.61
20,256.03
20,389.07
133.04
20,389.07
20,509.09
120.02
20,509.09
20,561.05
51.96
20,561.05
20,498.72
-62.33
20,498.72
20,301.10
-197.62
20,301.10
20,184.74
-116.36
20,184.74
19,691.81
-492.93
19,691.81
19,224.12
-467.69
19,224.12
19,196.34
-27.78
19,196.34
19,534.10
337.76
19,534.10
19,182.82
-351.28
19,182.82
18,860.44
-322.38
18,860.44
18,882.25
21.81
18,882.25
19,092.05
209.80
19,092.05
18,978.32
-113.73
18,978.32
19,046.54
68.22
19,046.54
19,007.53
-39.01
19,007.53
19,151.28
143.75
19,151.28
18,969.45
-181.83
18,969.45
18,684.43
-285.02
18,684.43
18,395.97
-288.46

18,395.97

18,327.76

-68.21

Covariance =

N
1
=

X
Yi Y
(
i X
N 1 i =1

S xy

where S(xy) is Covariance of X and Y, where X is

market portfolio. here N = 42 so N-1 = 41
Puting the values we get:
=49.59863759/41
=1.20972286

Variance of Market Portfolio =

VAR ( Y ) = (1/n-1 )

(yi - ym) 2

Puting the values we get:

= 51.19981041/41
= 1.2487758

So Beta =

C
o
v X ,Y
M=
V
ar Y

C
o
v X ,Y
M=
V
ar Y
Puting the values we get :

= 1.20972286/1.2487
=0.96872702

% gain

% gain - mean (y) Product of x,y

1.68
1.54
5.36
0.72
0.57
0.44
-0.13
-0.28
1.08
0.07
-0.08
0.03
-0.23
-0.38
-0.32
-1.19
-1.34
-0.28
-2.31
-2.45
15.29
1.39
1.24
1.02
0.94
0.79
3.37
0.55
0.40
1.22
-0.76
-0.91
0.6
1.10
0.96
0.85
0.12
-0.03
0.05
0.86
0.71
0.07
-0.22
-0.37
0.5
-0.16
-0.31
0.13
0.45
0.31
1.16
-0.22
-0.37
0.64
-0.02
-0.17
-0.02
1.15
1.00
1.49
0.66
0.51
0.54
0.59
0.44
1.93
0.25
0.11
0.3
-0.30
-0.45
-0.94
-0.96
-1.11
2.17
-0.57
-0.72
-0.52
-2.44
-2.59
8.9
-2.38
-2.52
4.93
-0.14
-0.29
0.04
1.76
1.61
4.06
-1.80
-1.95
1.76
-1.68
-1.83
1.86
0.12
-0.03
0.24
1.11
0.96
-3.99
-0.60
-0.74
-2.3
0.36
0.21
-0.05
-0.20
-0.35
-1.13
0.76
0.61
-0.38
-0.95
-1.10
1.37
-1.50
-1.65
-0.29
-1.54
-1.69
-2.57

(y)2
2.36
0.33
0.08
0.01
0.15
1.8
6.02
1.53
0.62
0.16
0.83
0.92
0
0.51
0.14
0.1
0.09
0.14
0.03
1.01
0.26
0.19
0.01
0.2
1.24
0.52
6.71
6.37
0.09
2.6
3.79
3.34
0
0.93
0.55
0.04
0.12
0.37
1.2
2.72
2.86

-0.37

-0.52

0.27

-6.06
-0.15

-12.28

49.6

51.2

X
( Y

i
=1

)(

of X and Y, where X is stock and Y is

42 so N-1 = 41
=49.59863759/41
=1.20972286

-1 )

(yi - ym) 2

= 51.19981041/41
= 1.2487758

X ,Y
x,y
=
Y
2
y

X ,Y
x,y
=
Y
2
y

= 1.20972286/1.2487758
=0.96872702