ASHOK LEYLAND Ltd

calculating stock Valuation for five years:

Standard Deviation:

2
∑ ( x− x́ )
σ=
√ n
= 0.113009

There fore the standard deviation value for ashok Leyland ltd is 0.113009

Variance

∑ ( x−μ )2
σ 2=
N

= 0.012771

There fore the variance for ashok Leyland ltd is 0.012771

Covariance

∑ ( x i̇−x́ ) ( y j− ý )
cov ( xy )=
n

= 0.002025
There fore the co-variance for ashok Leyland ltd is 0.002025
Correlation Coefficient

∑ ( x i− x́ ) ( y j− ý )
γ × y= 2 2
∑ ( x i− x́ ) Σ ( y i− ý )

= 0.461325

There fore the correlation coefficient value for ashok Leyland ltd is 0.461325

Beta

Beta=Variance/Covariance
= 0.158534
there fore the beta value for ashok Leyland ltd is 0.158534

Computational in electronic (Excel)

Expected Rate of Return

Expected Return = SUM (Returni x Probabilityi)

Standard Deviation =STDEV.S(H2:H61)

Variance =VAR.S(H2:H61)

Co-Variance =COVARIANCE.P(H:H,K:K)

Beta = (Variance/Covariance)

Expected Rate of Return =AVERAGE(H2:H61)