CIA 1

SECURITY ANALYSIS AND PO

ASSET RISK AN

by

MRIGANK
2128

Under the Gu

PROF. NISHA

SCHOOL OF BUSINESS AND MANAGEMENT CHRIS

 CIA 1(B)

ITY ANALYSIS AND PORTFOLIO MANAGEMENT

ASSET RISK AND RETURNS

by

MRIGANK MAULI
2128265

Under the Guidance of

PROF. NISHA SHANKAR

MANAGEMENT CHRIST (DEEMED TO BE UNIVERSITY), BANGALORE

GALORE
 HDFC Bank Ltd
Period : January 2012 to December 2016

INR
Month Open Price Close Price HPR HPY LOG Returns
Jan-12 431.8 490.9 1.13686892 0.13686892 0.05571039
Feb-12 491.05 517.8 1.0544751 0.0544751 0.02303633
Mar-12 513.05 520.05 1.01364389 0.01364389 0.00588541
Apr-12 518.2 542.2 1.04631416 0.04631416 0.0196621
May-12 542 505.95 0.93348708 -0.06651292 -0.02989169
Jun-12 508.05 563.5 1.1091428 0.1091428 0.04498746
Jul-12 565 587.85 1.04044248 0.04044248 0.01721807
Aug-12 585.15 595.05 1.01691874 0.01691874 0.00728625
Sep-12 595 628.7 1.05663866 0.05663866 0.02392649
Oct-12 630 634.55 1.00722222 0.00722222 0.0031253
Nov-12 636 703.65 1.10636792 0.10636792 0.04389958
Dec-12 700 678.8 0.96971429 -0.03028571 -0.01335621
Jan-13 682.95 643.4 0.94208946 -0.05791054 -0.02590785
Feb-13 645 625.6 0.96992248 -0.03007752 -0.01326297
Mar-13 626 624.1 0.99696486 -0.00303514 -0.00132015
Apr-13 629.75 682.15 1.08320762 0.08320762 0.03471171
May-13 682.2 700.45 1.02675169 0.02675169 0.01146542
Jun-13 700.9 668.5 0.95377372 -0.04622628 -0.02055465
Jul-13 670 609.7 0.91 -0.09 -0.04095861
Aug-13 618 593.8 0.96084142 -0.03915858 -0.01734828
Sep-13 596 593.7 0.99614094 -0.00385906 -0.00167921
Oct-13 597 679.45 1.1381072 0.1381072 0.05618317
Nov-13 679.45 661.2 0.97314004 -0.02685996 -0.01182466
Dec-13 661 665.75 1.00718608 0.00718608 0.00310972
Jan-14 666.75 628.9 0.9432321 -0.0567679 -0.02538143
Feb-14 632.5 667.5 1.05533597 0.05533597 0.02339074
Mar-14 666 748.85 1.1243994 0.1243994 0.0509206
Apr-14 753 718.25 0.95385126 -0.04614874 -0.02051934
May-14 724.25 794.1 1.0964446 0.0964446 0.03998669
Jun-14 795 821.35 1.03314465 0.03314465 0.01416113
Jul-14 825.2 833.65 1.01023994 0.01023994 0.00442454
Aug-14 829 842.95 1.0168275 0.0168275 0.00724728
Sep-14 846 871.5 1.03014184 0.03014184 0.01289703
Oct-14 868.25 912.2 1.05061906 0.05061906 0.02144528
Nov-14 912 957.4 1.0497807 0.0497807 0.02109858
Dec-14 957.15 952 0.99461944 -0.00538056 -0.00234306
Jan-15 952 1076 1.1302521 0.1302521 0.05317532
Feb-15 1068 1067.85 0.99985955 -0.00014045 -6.1001E-05
Mar-15 1082 1022.85 0.94533272 -0.05466728 -0.02441531
Apr-15 1026 989.2 0.96413255 -0.03586745 -0.01586325
May-15 995 1051.1 1.05638191 0.05638191 0.02382096
Jun-15 1051.25 1067.45 1.01541023 0.01541023 0.00664153
Jul-15 1063 1111.2 1.04534337 0.04534337 0.01925897
Aug-15 1111.2 1028.15 0.92526098 -0.07473902 -0.03373575
Sep-15 1027.45 1068.9 1.0403426 0.0403426 0.01717638
Oct-15 1070 1097.05 1.02528037 0.02528037 0.01084264
Nov-15 1097.05 1075.95 0.9807666 -0.0192334 -0.00843433
Dec-15 1073 1082.75 1.00908667 0.00908667 0.00392847
Jan-16 1084.9 1048.95 0.96686331 -0.03313669 -0.01463492
Feb-16 1055 972.55 0.92184834 -0.07815166 -0.03534052
Mar-16 980 1071.2 1.09306122 0.09306122 0.03864449
Apr-16 1066 1133.45 1.06327392 0.06327392 0.02664516
May-16 1130 1181.35 1.04544248 0.04544248 0.01930014
Jun-16 1181 1175.9 0.99568163 -0.00431837 -0.00187951
Jul-16 1178.9 1246.55 1.057384 0.057384 0.02423274
Aug-16 1246.55 1290.75 1.03545786 0.03545786 0.01513243
Sep-16 1290.75 1271.7 0.98524114 -0.01475886 -0.00645746
Oct-16 1275.55 1253.7 0.98287013 -0.01712987 -0.00750386
Nov-16 1253.7 1199.6 0.95684773 -0.04315227 -0.01915717
Dec-16 1209.8 1204.2 0.99537114 -0.00462886 -0.00201496
Mean 0.00684554
Standard Deviation 0.02395985
Variance 0.00057407
Coeffecient of Variation 3.50006769

5 Years of HPR 2.78879111

5 Years of HPY 1.78879111
 HDFC Bank Ltd
Period : January 2017 to December 2021

INR
Month Open Price Close Price HPR HPY LOG Returns
Jan-17 1205 1286.95 1.0680083 0.0680083 0.02857463
Feb-17 1288 1389.2 1.07857143 0.07857143 0.03284891
Mar-17 1396 1442.3 1.03316619 0.03316619 0.01417019
Apr-17 1445 1542.15 1.06723183 0.06723183 0.02825877
May-17 1551 1633.35 1.05309478 0.05309478 0.02246746
Jun-17 1630 1652.25 1.01365031 0.01365031 0.00588816
Jul-17 1653 1783.35 1.07885662 0.07885662 0.03296373
Aug-17 1784 1775 0.99495516 -0.00504484 -0.00219649
Sep-17 1761 1803.05 1.02387848 0.02387848 0.01024841
Oct-17 1806 1808.8 1.00155039 0.00155039 0.0006728
Nov-17 1810 1852.05 1.02323204 0.02323204 0.00997413
Dec-17 1855 1873.55 1.01 0.01 0.00432137
Jan-18 1873 2006.35 1.07119594 0.07119594 0.02986892
Feb-18 2007 1883.8 0.93861485 -0.06138515 -0.02751258
Mar-18 1875 1891.45 1.00877333 0.00877333 0.00379359
Apr-18 1892 1944.6 1.02780127 0.02780127 0.01190915
May-18 1948.35 2136.15 1.09638925 0.09638925 0.03996477
Jun-18 2124 2108.05 0.99249058 -0.00750942 -0.0032736
Jul-18 2086.25 2181.05 1.04544038 0.04544038 0.01929927
Aug-18 2179 2062.25 0.94642038 -0.05357962 -0.02391592
Sep-18 2067 2005.65 0.9703193 -0.0296807 -0.01308533
Oct-18 2015 1911.85 0.94880893 -0.05119107 -0.02282124
Nov-18 1925 2117.15 1.09981818 0.09981818 0.0413209
Dec-18 2122.25 2122.45 1.00009424 9.42396E-05 4.09258E-05
Jan-19 2123 2081.15 0.98028733 -0.01971267 -0.00864661
Feb-19 2082 2082.15 1.00007205 7.20461E-05 3.12881E-05
Mar-19 2084 2316.5 1.1115643 0.1115643 0.04593459
Apr-19 2325 2315.5 0.99591398 -0.00408602 -0.00177817
May-19 2321 2424.9 1.04476519 0.04476519 0.01901869
Jun-19 2434.5 2446.4 1.00488807 0.00488807 0.00211769
Jul-19 2451.1 2251.8 0.91868957 -0.08131043 -0.03683122
Aug-19 2233 2228.9 0.99816391 -0.00183609 -0.00079814
Sep-19 2225 1227.35 0.55161798 -0.44838202 -0.25836159
Oct-19 1234 1229.95 0.99671799 -0.00328201 -0.0014277
Nov-19 1240 1274.25 1.02762097 0.02762097 0.01183296
Dec-19 1275 1271.8 0.9974902 -0.0025098 -0.00109136
Jan-20 1275 1225.7 0.96133333 -0.03866667 -0.017126
Feb-20 1218.25 1177.6 0.96663246 -0.03336754 -0.01473862
Mar-20 1195 862 0.72133891 -0.27866109 -0.14186064
Apr-20 869.9 1001.75 1.15156915 0.15156915 0.06129002
May-20 964 951.25 0.98677386 -0.01322614 -0.00578236
Jun-20 970 1065.7 1.09865979 0.09865979 0.04086323
Jul-20 1065.7 1032.65 0.96898752 -0.03101248 -0.01368182
Aug-20 1030 1115.2 1.08271845 0.08271845 0.03451554
Sep-20 1122 1079.2 0.96185383 -0.03814617 -0.01689092
Oct-20 1085 1183.45 1.09073733 0.09073733 0.03772018
Nov-20 1195 1440.7 1.20560669 0.20560669 0.08120565
Dec-20 1440 1436.75 0.99774306 -0.00225694 -0.00098129
Jan-21 1438 1390.8 0.96717663 -0.03282337 -0.0144942
Feb-21 1400 1534.35 1.09596429 0.09596429 0.0397964
Mar-21 1568.3 1493.55 0.95233693 -0.04766307 -0.02120938
Apr-21 1502 1412.2 0.94021305 -0.05978695 -0.02677373
May-21 1399 1516.4 1.08391708 0.08391708 0.03499606
Jun-21 1517.2 1498.05 0.98737806 -0.01262194 -0.00551653
Jul-21 1501.6 1425.8 0.94952051 -0.05047949 -0.02249565
Aug-21 1437.8 1581.5 1.09994436 0.09994436 0.04137072
Sep-21 1580 1595.5 1.00981013 0.00981013 0.00423972
Oct-21 1582 1582.35 1.00022124 0.00022124 9.60722E-05
Nov-21 1583 1493.6 0.94352495 -0.05647505 -0.02524661
Dec-21 1490.55 1479.8 0.9927879 -0.0072121 -0.00314353
Mean 0.00099889
Standard Deviation 0.04605212
Variance 0.0021208
Coeffecient of Variation 46.1030751

5 Years of HPR 1.22804979

5 Years of HPY 0.22804979
 Goldman Sachs
Period : January 2012 to December 2016

USD
Month Open Close HPR HPY LOG Returns
Jan-12 92.970001 111.470001 1.19898892 0.19898892 0.07881517
Feb-12 112.610001 115.139999 1.0224669 0.0224669 0.00964926
Mar-12 115.970001 124.370003 1.07243254 0.07243254 0.03036998
Apr-12 124.139999 115.150002 0.92758179 -0.07241821 -0.03264779
May-12 114.839996 95.699997 0.83333334 -0.16666666 -0.07918124
Jun-12 94.07 95.860001 1.01902839 0.01902839 0.00818629
Jul-12 96.559998 100.900002 1.04494619 0.04494619 0.01909393
Aug-12 101.269997 105.720001 1.04394198 0.04394198 0.01867636
Sep-12 105.550003 113.68 1.07702508 0.07702508 0.03222581
Oct-12 116.669998 122.389999 1.04902718 0.04902718 0.02078674
Nov-12 122.82 117.790001 0.95904577 -0.04095423 -0.01816067
Dec-12 118.419998 127.559998 1.07718291 0.07718291 0.03228945
Jan-13 131.300003 147.860001 1.12612336 0.12612336 0.05158597
Feb-13 148.509995 149.759995 1.00841694 0.00841694 0.00364013
Mar-13 148.119995 147.149994 0.99345125 -0.00654875 -0.00285344
Apr-13 146.669998 146.070007 0.99590925 -0.00409075 -0.00178024
May-13 145.830002 162.080002 1.11143112 0.11143112 0.04588255
Jun-13 161.559998 151.25 0.93618471 -0.06381529 -0.02863846
Jul-13 152.779999 164.029999 1.07363529 0.07363529 0.03085678
Aug-13 165.740005 152.130005 0.91788343 -0.08211657 -0.03721247
Sep-13 154.479996 158.210007 1.02414559 0.02414559 0.0103617
Oct-13 158.860001 160.860001 1.0125897 0.0125897 0.00543351
Nov-13 161.029999 168.940002 1.0491213 0.0491213 0.0208257
Dec-13 169.880005 177.259995 1.04344237 0.04344237 0.01846847
Jan-14 176.949997 164.119995 0.92749363 -0.07250637 -0.03268906
Feb-14 165.149994 166.449997 1.00787165 0.00787165 0.00340523
Mar-14 164.220001 163.850006 0.99774696 -0.00225304 -0.00097959
Apr-14 164.759995 159.820007 0.97001707 -0.02998293 -0.01322062
May-14 159.800003 159.809998 1.00006255 6.25469E-05 2.71629E-05
Jun-14 159.779999 167.440002 1.04794094 0.04794094 0.02033681
Jul-14 166.350006 172.869995 1.0391944 0.0391944 0.0166968
Aug-14 172.380005 179.110001 1.03904163 0.03904163 0.01663295
Sep-14 179.259995 183.570007 1.02404336 0.02404336 0.01031834
Oct-14 183.190002 189.990005 1.03711995 0.03711995 0.01582899
Nov-14 190.350006 188.410004 0.98980824 -0.01019176 -0.00444894
Dec-14 188 193.830002 1.03101065 0.03101065 0.01326315
Jan-15 195.300003 172.410004 0.88279571 -0.11720429 -0.05413979
Feb-15 172.990005 189.789993 1.09711537 0.09711537 0.0402523
Mar-15 190 187.970001 0.98931579 -0.01068421 -0.00466506
Apr-15 187.940002 196.419998 1.04512076 0.04512076 0.01916648
May-15 198.449997 206.190002 1.03900229 0.03900229 0.01661651
Jun-15 207.320007 208.789993 1.00709042 0.00709042 0.00306846
Jul-15 211.630005 205.070007 0.96900251 -0.03099749 -0.0136751
Aug-15 205.75 188.600006 0.91664644 -0.08335356 -0.03779814
Sep-15 184.240005 173.759995 0.94311762 -0.05688238 -0.02543414
Oct-15 174.399994 187.5 1.07511472 0.07511472 0.03145481
Nov-15 188.320007 190.020004 1.00902717 0.00902717 0.00390286
Dec-15 191.220001 180.229996 0.94252691 -0.05747309 -0.02570624
Jan-16 175.789993 161.559998 0.91905117 -0.08094883 -0.03666031
Feb-16 160.410004 149.529999 0.93217378 -0.06782622 -0.03050312
Mar-16 150.949997 156.979996 1.039947 0.039947 0.0170112
Apr-16 156.460007 164.110001 1.04889425 0.04889425 0.0207317
May-16 165.080002 159.479996 0.96607702 -0.03392298 -0.01498825
Jun-16 157.899994 148.580002 0.94097535 -0.05902465 -0.02642175
Jul-16 148.490005 158.809998 1.06949958 0.06949958 0.02918062
Aug-16 158.809998 169.460007 1.06706133 0.06706133 0.02818938
Sep-16 170 161.270004 0.94864708 -0.05135292 -0.02289532
Oct-16 160.5 178.240005 1.11052963 0.11052963 0.04553015
Nov-16 179 219.289993 1.22508376 0.22508376 0.08816578
Dec-16 220.929993 239.449997 1.08382748 0.08382748 0.03496016
Mean 0.0061198
Standard Deviation 0.0302211
Variance 0.00091332
Coeffecient of Variation 4.93825162

5 Years of HPR 2.57556195

5 Years of HPY 1.57556195
 Goldman Sachs
Period : January 2017 to December 2021

USD
Month Open Close HPR HPY LOG Returns
Jan-17 242.699997 229.320007 0.94487025 -0.05512975 -0.02462782
Jan-17 230.509995 248.059998 1.07613554 0.07613554 0.03186697
Jan-17 253.710007 229.720001 0.9054432 -0.0945568 -0.04313879
Jan-17 230 223.800003 0.97304349 -0.02695651 -0.01186775
Jan-17 224.899994 211.259995 0.93935083 -0.06064917 -0.02717218
Jan-17 212.610001 221.899994 1.043695 0.043695 0.0185736
Jan-17 224.460007 225.330002 1.00387595 0.00387595 0.00168005
Jan-17 227.089996 223.740005 0.98524818 -0.01475182 -0.00645436
Jan-17 224.550003 237.190002 1.05629035 0.05629035 0.02378331
Jan-17 237.199997 242.479996 1.02225969 0.02225969 0.00956124
Jan-17 243.889999 247.639999 1.01537578 0.01537578 0.0066268
Jan-17 249.779999 254.759995 1.01993753 0.01993753 0.00857357
Jan-18 257.769989 267.890015 1.03925991 0.03925991 0.01672417
Jan-18 266.149994 262.929993 0.98790156 -0.01209844 -0.00528633
Jan-18 262.609985 251.860001 0.95906483 -0.04093517 -0.01815203
Jan-18 251.259995 238.330002 0.94853939 -0.05146061 -0.02294463
Jan-18 237.509995 225.880005 0.95103368 -0.04896632 -0.0218041
Jan-18 228.399994 220.570007 0.96571809 -0.03428191 -0.01514963
Jan-18 219.75 237.429993 1.08045503 0.08045503 0.0336067
Jan-18 238.5 237.809998 0.99710691 -0.00289309 -0.00125827
Jan-18 237.759995 224.240005 0.94313598 -0.05686402 -0.02542569
Jan-18 226.220001 225.369995 0.99624257 -0.00375743 -0.0016349
Jan-18 225.759995 190.690002 0.84465807 -0.15534193 -0.07331906
Jan-18 194 167.050003 0.86108249 -0.13891751 -0.06495524
Jan-19 164.330002 198.009995 1.2049534 0.2049534 0.08097025
Jan-19 198 196.699997 0.99343433 -0.00656567 -0.00286084
Jan-19 198.75 191.990005 0.96598745 -0.03401255 -0.01502852
Jan-19 194 205.919998 1.06144329 0.06144329 0.0258968
Jan-19 206.399994 182.490005 0.88415703 -0.11584297 -0.0534706
Jan-19 181.699997 204.600006 1.12603197 0.12603197 0.05155072
Jan-19 208 220.130005 1.05831733 0.05831733 0.02461591
Jan-19 219.350006 203.910004 0.9296102 -0.0703898 -0.03169912
Jan-19 201.100006 207.229996 1.0304823 0.0304823 0.01304054
Jan-19 207.009995 213.380005 1.03077151 0.03077151 0.01316241
Jan-19 215.259995 221.350006 1.02829142 0.02829142 0.01211621
Jan-19 220.970001 229.929993 1.04054845 0.04054845 0.01726231
Jan-20 231 237.75 1.02922078 0.02922078 0.01250855
Jan-20 238.360001 200.770004 0.84229738 -0.15770262 -0.07453455
Jan-20 201.410004 154.589996 0.76753882 -0.23246118 -0.11489965
Jan-20 146.100006 183.419998 1.25544141 0.25544141 0.09879645
Jan-20 179 196.490005 1.09770953 0.09770953 0.04048743
Jan-20 197.309998 197.619995 1.00157112 0.00157112 0.00068179
Jan-20 198.880005 197.960007 0.99537411 -0.00462589 -0.00201366
Jan-20 198.490005 204.869995 1.03214263 0.03214263 0.01373971
Jan-20 203.600006 200.970001 0.98708249 -0.01291751 -0.00564655
Jan-20 201.529999 189.039993 0.93802409 -0.06197591 -0.02778601
Jan-20 192 230.580002 1.20093751 0.20093751 0.07952041
Jan-20 231.960007 263.709991 1.13687697 0.13687697 0.05571347
Jan-21 267 271.170013 1.01561803 0.01561803 0.0067304
Jan-21 272.660004 319.480011 1.17171571 0.17171571 0.06882225
Jan-21 325 327 1.00615385 0.00615385 0.00266439
Jan-21 324.299988 348.450012 1.07446816 0.07446816 0.03119355
Jan-21 350.339996 372.019989 1.06188272 0.06188272 0.02607655
Jan-21 377.700012 379.529999 1.00484508 0.00484508 0.00209911
Jan-21 380.700012 374.880005 0.98471235 -0.01528765 -0.00669061
Jan-21 376.170013 413.51001 1.09926362 0.09926362 0.04110186
Jan-21 413.160004 378.029999 0.9149724 -0.0850276 -0.03859201
Jan-21 379.440002 413.350006 1.08936855 0.08936855 0.03717483
Jan-21 417.070007 380.98999 0.9134917 -0.0865083 -0.03929539
Jan-21 383.820007 382.549988 0.99669111 -0.00330889 -0.00143942
Mean 0.00216291
Standard Deviation 0.0384447
Variance 0.001478
Coeffecient of Variation 17.7745282

5 Years of HPR 1.57622576

5 Years of HPY 0.57622576
 Gold
Period : January 2012 to December 2016

USD
Month Price Open HPR HPY Log Returns
Jan-12 1737.8 1568.9 1.10765504 0.10765504 0.04440453
Feb-12 1709.9 1738.2 0.98371879 -0.01628121 -0.00712903
Mar-12 1669.3 1698.6 0.9827505 -0.0172495 -0.00755673
Apr-12 1663.4 1670.4 0.99580939 -0.00419061 -0.00182378
May-12 1562.6 1665 0.9384985 -0.0615015 -0.02756642
Jun-12 1603.5 1560 1.02788462 0.02788462 0.01194437
Jul-12 1610.5 1597.1 1.00839021 0.00839021 0.00362862
Aug-12 1684.6 1613.4 1.04413041 0.04413041 0.01875474
Sep-12 1771.1 1689.1 1.04854656 0.04854656 0.02058772
Oct-12 1717.5 1766 0.97253681 -0.02746319 -0.01209395
Nov-12 1710.9 1722.3 0.99338094 -0.00661906 -0.00288418
Dec-12 1674.8 1714.9 0.97661671 -0.02338329 -0.01027585
Jan-13 1660.6 1672.8 0.99270684 -0.00729316 -0.00317899
Feb-13 1577.7 1663.9 0.948194 -0.051806 -0.0231028
Mar-13 1594.8 1579.6 1.00962269 0.00962269 0.0041591
Apr-13 1472.2 1596.8 0.92196894 -0.07803106 -0.03528371
May-13 1392.6 1475.8 0.9436238 -0.0563762 -0.02520112
Jun-13 1223.8 1389.1 0.88100209 -0.11899791 -0.05502306
Jul-13 1312.4 1234.7 1.06293027 0.06293027 0.02650477
Aug-13 1396.1 1323 1.05525321 0.05525321 0.02335668
Sep-13 1326.5 1393 0.95226131 -0.04773869 -0.02124386
Oct-13 1323.6 1328 0.99668675 -0.00331325 -0.00144132
Nov-13 1250.6 1325.7 0.94335068 -0.05664932 -0.02532683
Dec-13 1201.9 1251.4 0.9604443 -0.0395557 -0.01752782
Jan-14 1240.1 1204.3 1.02972681 0.02972681 0.01272202
Feb-14 1321.4 1242.4 1.06358661 0.06358661 0.02677286
Mar-14 1283.4 1335.9 0.96070065 -0.03929935 -0.01741191
Apr-14 1295.6 1285.1 1.00817057 0.00817057 0.00353402
May-14 1245.6 1288.7 0.96655544 -0.03344456 -0.01477323
Jun-14 1321.8 1250 1.05744 0.05744 0.02425573
Jul-14 1281.3 1326.7 0.96577975 -0.03422025 -0.0151219
Aug-14 1285.8 1284.1 1.00132388 0.00132388 0.00057458
Sep-14 1210.5 1284.5 0.94239004 -0.05760996 -0.02576931
Oct-14 1171.1 1207.7 0.96969446 -0.03030554 -0.01336509
Nov-14 1175.2 1166.4 1.00754458 0.00754458 0.00326427
Dec-14 1335.4 1335.4 1 0 0
 Jan-15 1384.6 1340 1.03328358 0.03328358 0.01421953
Feb-15 1309.4 1367 0.95786394 -0.04213606 -0.01869618
Mar-15 1272.2 1272.2 1 0 0
Apr-15 1273 1273 1 0 0
May-15 1280.7 1317.5 0.97206831 -0.02793169 -0.01230321
Jun-15 1270.8 1264 1.00537975 0.00537975 0.00233013
Jul-15 1183.1 1268.5 0.93267639 -0.06732361 -0.03026902
Aug-15 1216.9 1216.9 1 0 0
Sep-15 1183.6 1188.4 0.99596096 -0.00403904 -0.00175769
Oct-15 1195.2 1195.2 1 0 0
Nov-15 1123.9 1131 0.99372237 -0.00627763 -0.00273493
Dec-15 1121 1121 1 0 0
Jan-16 1161.9 1161.9 1 0 0
Feb-16 1273.3 1220.4 1.04334644 0.04334644 0.01842854
Mar-16 1280.9 1304 0.98228528 -0.01771472 -0.00776237
Apr-16 1341.4 1341.4 1 0 0
May-16 1269.3 1269.3 1 0 0
Jun-16 1375 1375 1 0 0
Jul-16 1415.7 1402.8 1.00919589 0.00919589 0.00397547
Aug-16 1367.9 1409.9 0.97021065 -0.02978935 -0.01313396
Sep-16 1370.4 1386.7 0.98824547 -0.01175453 -0.00513517
Oct-16 1333.7 1333.7 1 0 0
Nov-16 1238.4 1334 0.92833583 -0.07166417 -0.03229489
Dec-16 1234.5 1236.7 0.99822107 -0.00177893 -0.00077327
Mean -0.0037424
Standard Deviation 0.01731544
Variance 0.00029982
Coeffecient of Variation -4.62683178

5 Years of HPR 0.71164691

5 Years of HPY -0.28835309
 Gold
Period : January 2017 to December 2021

USD
Month Open Close HPR HPY Log Returns
Jan-17 1291.8 1232.4 1.04819864 0.04819864 0.02044359
Feb-17 1334.3 1289 1.03514352 0.03514352 0.01500057
Mar-17 1329.8 1307.6 1.01697767 0.01697767 0.00731142
Apr-17 1347.1 1333.1 1.01050184 0.01050184 0.00453711
May-17 1348.5 1326.9 1.01627854 0.01627854 0.00701276
Jun-17 1314 1342.8 0.97855228 -0.02144772 -0.00941597
Jul-17 1340.7 1289.9 1.0393829 0.0393829 0.01677557
Aug-17 1388.5 1326.4 1.04681846 0.04681846 0.01987137
Sep-17 1357.6 1406.6 0.96516423 -0.03483577 -0.01539878
Oct-17 1347.7 1353.3 0.99586197 -0.00413803 -0.00180085
Nov-17 1357.3 1382 0.98212735 -0.01787265 -0.00783219
Dec-17 1391.9 1327.6 1.04843326 0.04843326 0.02054079
Jan-18 1439.4 1399 1.02887777 0.02887777 0.01236378
Feb-18 1419.2 1419.2 1 0 0
Mar-18 1426 1433.4 0.99483745 -0.00516255 -0.00224787
Apr-18 1419.1 1460.1 0.97191973 -0.02808027 -0.0123696
May-18 1395 1413.5 0.98691192 -0.01308808 -0.00572161
Jun-18 1343.7 1392.4 0.96502442 -0.03497558 -0.0154617
Jul-18 1309.8 1327 0.98703843 -0.01296157 -0.00566594
Aug-18 1277.7 1308 0.97683486 -0.02316514 -0.01017885
Sep-18 1268.7 1266.1 1.00205355 0.00205355 0.00089093
Oct-18 1288.2 1271.2 1.01337319 0.01337319 0.00576941
Nov-18 1292.7 1289.7 1.00232612 0.00232612 0.00100905
Dec-18 1347.1 1313.9 1.02526829 0.02526829 0.01083752
Jan-19 1384 1351.8 1.02382009 0.02382009 0.01022365
Feb-19 1375.3 1382.6 0.99472009 -0.00527991 -0.00229911
Mar-19 1350.4 1350 1.0002963 0.0002963 0.00012866
Apr-19 1340.4 1342.7 0.99828703 -0.00171297 -0.00074457
May-19 1357.5 1334.2 1.01746365 0.01746365 0.0075189
Jun-19 1452.9 1373.1 1.05811667 0.05811667 0.02453356
Jul-19 1473.3 1444.5 1.01993769 0.01993769 0.00857364
Aug-19 1563.1 1450.2 1.07785133 0.07785133 0.03255886
Sep-19 1514.5 1575.8 0.96109912 -0.03890088 -0.01723182
Oct-19 1556.9 1548.8 1.00522986 0.00522986 0.00226538
Nov-19 1510.7 1534.7 0.98436176 -0.01563824 -0.00684526
Dec-19 1567.6 1515.9 1.03410515 0.03410515 0.0145647
Jan-20 1626.1 1595 1.01949843 0.01949843 0.00838656
Feb-20 1596.6 1606 0.99414695 -0.00585305 -0.00254942
Mar-20 1606.7 1485 1.08195286 0.08195286 0.03420834
Apr-20 1713.2 1747.5 0.98037196 -0.01962804 -0.00860912
May-20 1776.8 1720.1 1.0329632 0.0329632 0.01408485
Jun-20 1836.5 1774.5 1.03493942 0.03493942 0.01491493
Jul-20 2026.9 1830 1.10759563 0.10759563 0.04438123
Aug-20 2009.5 2098.5 0.95758875 -0.04241125 -0.01882096
Sep-20 1922.7 1962 0.97996942 -0.02003058 -0.00878748
Oct-20 1908.3 1918.1 0.99489078 -0.00510922 -0.0022246
Nov-20 1797.2 1920.9 0.9356031 -0.0643969 -0.02890835
Dec-20 1914 1826.8 1.04773374 0.04773374 0.02025093
Jan-21 1859.5 1934.7 0.96113092 -0.03886908 -0.01721745
Feb-21 1740.9 1870 0.93096257 -0.06903743 -0.03106778
Mar-21 1722.4 1759.5 0.97891446 -0.02108554 -0.00925525
Apr-21 1775.7 1717.9 1.03364573 0.03364573 0.01437172
May-21 1911 1784.6 1.0708282 0.0708282 0.0297198
Jun-21 1777.7 1915 0.92830287 -0.07169713 -0.03231031
Jul-21 1819.1 1776 1.02426802 0.02426802 0.01041361
Aug-21 1820.1 1818.6 1.00082481 0.00082481 0.00035806
Sep-21 1758.5 1818.6 0.9669526 -0.0330474 -0.01459481
Oct-21 1785.9 1759.1 1.01523506 0.01523506 0.00656661
Nov-21 1776.5 1786.8 0.9942355 -0.0057645 -0.00251073
Dec-21 1828.6 1777.4 1.02880612 0.02880612 0.01233354
Mean 0.00271085
Standard Deviation 0.01570186
Variance 0.00024655
Coeffecient of Variation 5.79222687

5 Years of HPR 1.37590958

5 Years of HPY 0.37590958
 DJIA
Period : January 2012 to December 2016

Month Open Close HPR HPY LOG Returns

Jan-12 12221.19 12632.91 1.03368903 0.03368903 0.0143899061
Feb-12 12632.76 12952.07 1.02527634 0.02527634 0.01084093752
Mar-12 12952.29 13212.04 1.02005437 0.02005437 0.00862332022
Apr-12 13211.36 13213.63 1.00017182 0.00017182 7.4614861E-05
May-12 13214.16 12393.45 0.93789163 -0.06210837 -0.027847342
Jun-12 12391.56 12880.09 1.03942441 0.03942441 0.0167929136
Jul-12 12879.71 13008.68 1.01001342 0.01001342 0.00432714608
Aug-12 13007.47 13090.84 1.00640939 0.00640939 0.00277468189
Sep-12 13092.15 13437.13 1.02635014 0.02635014 0.01129554636
Oct-12 13437.66 13096.46 0.97460867 -0.02539133 -0.0111697275
Nov-12 13099.19 13025.58 0.99438057 -0.00561943 -0.0024473709
Dec-12 13027.73 13104.14 1.00586518 0.00586518 0.00253977507
Jan-13 13104.3 13860.58 1.05771235 0.05771235 0.02436757689
Feb-13 13860.58 14054.49 1.01399004 0.01399004 0.006033687
Mar-13 14054.49 14578.54 1.03728702 0.03728702 0.01589894194
Apr-13 14578.54 14839.8 1.01792086 0.01792086 0.0077140151
May-13 14839.8 15115.57 1.01858313 0.01858313 0.00799648096
Jun-13 15123.55 14909.6 0.98585319 -0.01414681 -0.0061877543
Jul-13 14911.6 15499.54 1.03942836 0.03942836 0.01679456392
Aug-13 15503.85 14810.31 0.9552666 -0.0447334 -0.0198754089
Sep-13 14801.55 15129.67 1.02216795 0.02216795 0.00952225898
Oct-13 15132.49 15545.75 1.02730945 0.02730945 0.0117012837
Nov-13 15558.01 16086.41 1.03396321 0.03396321 0.01450508723
Dec-13 16087.12 16576.66 1.03043056 0.03043056 0.01301872845
Jan-14 16572.17 15698.85 0.94730201 -0.05269799 -0.0235115398
Feb-14 15697.69 16321.71 1.03975235 0.03975235 0.01692990883
Mar-14 16321.71 16457.66 1.0083294 0.0083294 0.00360242881
Apr-14 16458.05 16580.84 1.00746079 0.00746079 0.00322815113
May-14 16580.26 16717.17 1.00825741 0.00825741 0.00357142233
Jun-14 16716.85 16826.6 1.00656523 0.00656523 0.00284192529
Jul-14 16828.53 16563.3 0.98423927 -0.01576073 -0.0068993133
Aug-14 16561.7 17098.45 1.03240911 0.03240911 0.0138518292
Sep-14 17097.42 17042.9 0.99681121 -0.00318879 -0.0013870846
Oct-14 17040.46 17390.52 1.02054287 0.02054287 0.008831254
Nov-14 17390.9 17828.24 1.02514763 0.02514763 0.01078641399
Dec-14 17827.27 17823.07 0.99976441 -0.00023559 -0.0001023293
Jan-15 17823.07 17164.95 0.96307482 -0.03692518 -0.0163399701
Feb-15 17169.99 18132.7 1.05606934 0.05606934 0.02369243412
Mar-15 18134.05 17776.12 0.98026199 -0.01973801 -0.0086578355
Apr-15 17778.52 17840.52 1.00348735 0.00348735 0.00151190403
May-15 17859.27 18010.68 1.00847795 0.00847795 0.00366640701
Jun-15 18017.82 17619.51 0.97789355 -0.02210645 -0.0097084175
Jul-15 17638.12 17689.86 1.00293342 0.00293342 0.00127210288
Aug-15 17696.74 16528.03 0.93395902 -0.06604098 -0.0296721778
Sep-15 16528.03 16284.7 0.98527774 -0.01472226 -0.0064413301
Oct-15 16278.62 17663.54 1.08507601 0.08507601 0.03546016082
Nov-15 17672.62 17719.92 1.00267646 0.00267646 0.00116081757
Dec-15 17719.72 17425.03 0.98336938 -0.01663062 -0.0072833206
Jan-16 17405.48 16466.3 0.94604113 -0.05395887 -0.024089981
Feb-16 16453.63 16516.5 1.00382104 0.00382104 0.00165629478
Mar-16 16545.67 17685.09 1.06886515 0.06886515 0.02892291613
Apr-16 17661.74 17773.64 1.00633573 0.00633573 0.00274289222
May-16 17783.78 17787.2 1.00019231 0.00019231 8.3511173E-05
Jun-16 17754.55 17929.99 1.00988141 0.00988141 0.00427037803
Jul-16 17924.24 18432.24 1.02834151 0.02834151 0.01213736623
Aug-16 18434.5 18400.88 0.99817625 -0.00182375 -0.0007927696
Sep-16 18396.57 18308.15 0.99519367 -0.00480633 -0.0020923953
Oct-16 18279.6 18142.42 0.99249546 -0.00750454 -0.0032714714
Nov-16 18158.24 19123.58 1.05316264 0.05316264 0.02249544504
Dec-16 19149.2 19762.6 1.03203267 0.03203267 0.01369344543
Mean 0.00346405558876
Standard Deviation 0.01316577006102
Variance 0.0001733375013
Coeffecient of Variation 3.80068094281221

5 Years of HPR 1.61707656946664

5 Years of HPY 0.61707656946664
 DJIA
Period : January 2017 to December 2021

Month Open Close HPR HPY LOG Returns

Jan-17 19872.86 19864.09 0.99955869 -0.00044131 -0.0001917
Feb-17 19923.81 20812.24 1.04459137 0.04459137 0.01894643
Mar-17 20957.29 20663.22 0.98596813 -0.01403187 -0.00613712
Apr-17 20665.17 20940.51 1.01332387 0.01332387 0.00574827
May-17 20962.73 21008.65 1.00219055 0.00219055 0.00095031
Jun-17 21030.55 21349.63 1.01517221 0.01517221 0.00653972
Jul-17 21392.3 21891.12 1.02331774 0.02331774 0.0100105
Aug-17 21961.42 21948.1 0.99939348 -0.00060652 -0.00026349
Sep-17 21981.77 22405.09 1.01925778 0.01925778 0.00828403
Oct-17 22423.47 23377.24 1.04253445 0.04253445 0.01809042
Nov-17 23442.9 24272.35 1.03538171 0.03538171 0.01510049
Dec-17 24305.4 24719.22 1.01702585 0.01702585 0.00733199
Jan-18 24809.35 26149.39 1.05401351 0.05401351 0.02284618
Feb-18 26083.04 25029.2 0.95959673 -0.04040327 -0.01791124
Mar-18 25024.04 24103.11 0.96319819 -0.03680181 -0.01628434
Apr-18 24076.6 24163.15 1.00359478 0.00359478 0.00155839
May-18 24117.29 24415.84 1.01237909 0.01237909 0.00534316
Jun-18 24542.09 24271.41 0.98897078 -0.01102922 -0.00481654
Jul-18 24161.53 25415.19 1.05188661 0.05188661 0.02196893
Aug-18 25461.63 25964.82 1.01976268 0.01976268 0.00849911
Sep-18 25916.07 26458.31 1.02092293 0.02092293 0.00899296
Oct-18 26598.36 25115.76 0.94425972 -0.05574028 -0.02490854
Nov-18 25142.08 25538.46 1.0157656 0.0157656 0.0067935
Dec-18 25779.57 23327.46 0.90488166 -0.09511834 -0.04340822
Jan-19 23058.61 24999.67 1.0841794 0.0841794 0.03510115
Feb-19 25025.31 25916 1.03559157 0.03559157 0.01518851
Mar-19 26019.67 25928.68 0.99650303 -0.00349697 -0.00152138
Apr-19 26075.1 26592.91 1.01985841 0.01985841 0.00853988
May-19 26639.06 24815.04 0.93152836 -0.06847164 -0.03080392
Jun-19 24830.16 26599.96 1.07127622 0.07127622 0.02990147
Jul-19 26805.86 26864.27 1.002179 0.002179 0.0009453
Aug-19 26879.86 26403.28 0.98227 -0.01773 -0.00776912
Sep-19 26198.26 26916.83 1.02742816 0.02742816 0.01175146
Oct-19 26962.54 27046.23 1.00310394 0.00310394 0.00134593
Nov-19 27142.95 28051.41 1.03346946 0.03346946 0.01429765
Dec-19 28109.74 28538.44 1.01525094 0.01525094 0.0065734
Jan-20 28638.97 28256.03 0.98662871 -0.01337129 -0.00584625
Feb-20 28319.65 25409.36 0.89723425 -0.10276575 -0.04709416
Mar-20 25590.51 21917.16 0.85645655 -0.14354345 -0.06729466
Apr-20 21227.38 24345.72 1.14690178 0.14690178 0.05952623
May-20 24120.78 25383.11 1.05233371 0.05233371 0.02215348
Jun-20 25342.99 25812.88 1.01854122 0.01854122 0.00797861
Jul-20 25879.38 26428.32 1.02121148 0.02121148 0.00911569
Aug-20 26542.32 28430.05 1.07112151 0.07112151 0.02983874
Sep-20 28439.61 27781.7 0.97686642 -0.02313358 -0.01016482
Oct-20 27940.63 26501.6 0.94849687 -0.05150313 -0.0229641
Nov-20 26691.28 29638.64 1.11042408 0.11042408 0.04548887
Dec-20 29797.5 30606.48 1.02714926 0.02714926 0.01163356
Jan-21 30627.47 29982.62 0.97894537 -0.02105463 -0.00924154
Feb-21 30054.73 30932.37 1.02920139 0.02920139 0.01250037
Mar-21 31065.9 32981.55 1.06166408 0.06166408 0.02598712
Apr-21 33054.58 33874.85 1.02481562 0.02481562 0.01064574
May-21 33904.89 34529.45 1.01842094 0.01842094 0.00792732
Jun-21 34584.19 34502.51 0.99763823 -0.00236177 -0.00102692
Jul-21 34507.32 34935.47 1.01240751 0.01240751 0.00535536
Aug-21 34968.56 35360.73 1.01121493 0.01121493 0.00484347
Sep-21 35387.55 33843.92 0.95637929 -0.04362071 -0.01936984
Oct-21 33930.7 35819.56 1.05566817 0.05566817 0.02352743
Nov-21 35833.65 34483.72 0.96232787 -0.03767213 -0.01667694
Dec-21 34678.94 36338.3 1.04784921 0.04784921 0.02029879
Mean 0.00389625
Standard Deviation 0.02098077
Variance 0.00044019
Coeffecient of Variation 5.38486004

5 Years of HPR 1.82853902

5 Years of HPY 0.82853902
 S&P BSE SENSEX
Period : January 2012 to December 2016

Points
Month Open Close HPR HPY LOG Returns
Jan-12 15534.67 17193.55 1.10678566 0.10678566 0.04406352
Feb-12 17179.64 17752.68 1.03335576 0.03335576 0.01424987
Mar-12 17714.62 17404.2 0.98247662 -0.01752338 -0.00767778
Apr-12 17429.96 17318.81 0.99362305 -0.00637695 -0.00277834
May-12 17370.93 16218.53 0.93365928 -0.06634072 -0.02981158
Jun-12 16217.48 17429.98 1.07476501 0.07476501 0.03131352
Jul-12 17438.68 17236.18 0.98838788 -0.01161212 -0.00507259
Aug-12 17244.44 17429.56 1.01073505 0.01073505 0.00463733
Sep-12 17465.6 18762.74 1.07426828 0.07426828 0.03111275
Oct-12 18784.64 18505.38 0.9851336 -0.0148664 -0.00650487
Nov-12 18487.9 19339.9 1.0460842 0.0460842 0.01956664
Dec-12 19342.83 19426.71 1.00433649 0.00433649 0.00187924
Jan-13 19513.45 19894.98 1.01955216 0.01955216 0.00840945
Feb-13 19907.21 18861.54 0.9474728 -0.0525272 -0.02343325
Mar-13 18876.68 18835.77 0.99783278 -0.00216722 -0.00094223
Apr-13 18890.81 19504.18 1.03246923 0.03246923 0.01387712
May-13 19459.33 19760.3 1.01546662 0.01546662 0.00666565
Jun-13 19859.22 19395.81 0.97666525 -0.02333475 -0.01025427
Jul-13 19352.48 19345.7 0.99964966 -0.00035034 -0.00015218
Aug-13 19443.29 18619.72 0.95764246 -0.04235754 -0.01879661
Sep-13 18691.83 19379.77 1.03680432 0.03680432 0.0156968
Oct-13 19452.05 21164.52 1.08803545 0.08803545 0.03664305
Nov-13 21158.81 20791.93 0.98266065 -0.01733935 -0.00759643
Dec-13 20771.27 21170.68 1.01922896 0.01922896 0.00827176
Jan-14 21222.19 20513.85 0.96662267 -0.03337733 -0.01474302
Feb-14 20479.03 21120.12 1.03130471 0.03130471 0.013387
Mar-14 21079.27 22386.27 1.06200404 0.06200404 0.02612617
Apr-14 22455.23 22417.8 0.99833313 -0.00166687 -0.00072452
May-14 22493.59 24217.34 1.07663294 0.07663294 0.03206766
Jun-14 24368.96 25413.78 1.04287503 0.04287503 0.01823227
Jul-14 25469.94 25894.97 1.01668751 0.01668751 0.00718749
Aug-14 25753.92 26638.11 1.03433225 0.03433225 0.01466007
Sep-14 26733.18 26630.51 0.99615945 -0.00384055 -0.00167114
Oct-14 26681.47 27865.83 1.04438886 0.04438886 0.01886223
Nov-14 27943.04 28693.99 1.02687431 0.02687431 0.01151729
Dec-14 28748.22 27499.42 0.95656079 -0.04343921 -0.01928743
Jan-15 27485.77 29182.95 1.06174759 0.06174759 0.02602128
Feb-15 29143.63 29361.5 1.00747573 0.00747573 0.00323459
Mar-15 29533.42 27957.49 0.9466391 -0.0533609 -0.02381556
Apr-15 27954.86 27011.31 0.96624737 -0.03375263 -0.01491167
May-15 27204.63 27828.44 1.02293029 0.02293029 0.00984604
Jun-15 27770.79 27780.83 1.00036153 0.00036153 0.00015698
Jul-15 27823.65 28114.56 1.01045549 0.01045549 0.00451719
Aug-15 28089.09 26283.09 0.93570457 -0.06429543 -0.02886125
Sep-15 26127.04 26154.83 1.00106365 0.00106365 0.00046169
Oct-15 26344.19 26656.83 1.01186751 0.01186751 0.00512365
Nov-15 26641.69 26145.67 0.98138181 -0.01861819 -0.008162
Dec-15 26201.27 26117.54 0.99680435 -0.00319565 -0.00139007
Jan-16 26101.5 24870.69 0.95284524 -0.04715476 -0.02097763
Feb-16 24982.22 23002 0.92073483 -0.07926517 -0.03586543
Mar-16 23153.32 25341.86 1.09452381 0.09452381 0.03922521
Apr-16 25301.7 25606.62 1.01205136 0.01205136 0.00520255
May-16 25565.44 26667.96 1.04312541 0.04312541 0.01833652
Jun-16 26684.46 26999.72 1.01181437 0.01181437 0.00510084
Jul-16 27064.33 28051.86 1.03648825 0.03648825 0.01556438
Aug-16 28083.08 28452.17 1.01314279 0.01314279 0.00567066
Sep-16 28459.09 27865.96 0.9791585 -0.0208415 -0.009147
Oct-16 27997.29 27930.21 0.99760405 -0.00239595 -0.00104179
Nov-16 27966.18 26652.81 0.9530372 -0.0469628 -0.02089015
Dec-16 26756.66 26626.46 0.99513392 -0.00486608 -0.00211847
Mean 0.00333769
Standard Deviation 0.01767629
Variance 0.00031245
Coeffecient of Variation 5.29597034

5 Years of HPR 1.71400229

5 Years of HPY 0.71400229
 S&P BSE SENSEX
Period : January 2017 to December 2021

Points
Month Open Close HPR HPY LOG Returns
Jan-17 26711.15 27655.96 1.03537137 0.03537137 0.01509615
Feb-17 27669.08 28743.32 1.03882457 0.03882457 0.01654221
Mar-17 28849.04 29620.5 1.02674127 0.02674127 0.01146102
Apr-17 29737.73 29918.4 1.00607545 0.00607545 0.00263055
May-17 30021.49 31145.8 1.03745017 0.03745017 0.01596725
Jun-17 31117.09 30921.61 0.99371792 -0.00628208 -0.00273688
Jul-17 31156.04 32514.94 1.04361594 0.04361594 0.0185407
Aug-17 32579.8 31730.49 0.97393139 -0.02606861 -0.01147164
Sep-17 31769.34 31283.72 0.98471419 -0.01528581 -0.0066898
Oct-17 31537.81 33213.13 1.053121 0.053121 0.02247827
Nov-17 33344.23 33149.35 0.99415551 -0.00584449 -0.00254568
Dec-17 33247.66 34056.83 1.02433765 0.02433765 0.01044314
Jan-18 34059.99 35965.02 1.05593161 0.05593161 0.02363579
Feb-18 36048.99 34184.04 0.94826623 -0.05173377 -0.02306971
Mar-18 34141.22 32968.68 0.96565618 -0.03434382 -0.01517748
Apr-18 33030.87 35160.36 1.06446969 0.06446969 0.0271333
May-18 35328.91 35322.38 0.99981517 -0.00018483 -8.028E-05
Jun-18 35373.98 35423.48 1.00139933 0.00139933 0.0006073
Jul-18 35545.22 37606.58 1.05799261 0.05799261 0.02448263
Aug-18 37643.87 38645.07 1.02659663 0.02659663 0.01139983
Sep-18 38915.91 36227.14 0.93090821 -0.06909179 -0.03109314
Oct-18 36274.25 34442.05 0.94949034 -0.05050966 -0.02250945
Nov-18 34650.63 36194.3 1.04454955 0.04454955 0.01892905
Dec-18 36396.69 36068.33 0.9909783 -0.0090217 -0.00393586
Jan-19 36161.8 36256.69 1.00262404 0.00262404 0.00113811
Feb-19 36311.74 35867.44 0.98776429 -0.01223571 -0.00534668
Mar-19 36018.49 38672.91 1.07369604 0.07369604 0.03088135
Apr-19 38858.88 39031.55 1.00444351 0.00444351 0.00192552
May-19 39036.51 39714.2 1.01736041 0.01736041 0.00747484
Jun-19 39806.86 39394.64 0.9896445 -0.0103555 -0.00452079
Jul-19 39543.73 37481.12 0.94783977 -0.05216023 -0.02326507
Aug-19 37387.18 37332.79 0.99854522 -0.00145478 -0.00063226
Sep-19 37181.76 38667.33 1.03995427 0.03995427 0.01701424
Oct-19 38813.48 40129.05 1.03389467 0.03389467 0.0144763
Nov-19 40196.07 40793.81 1.01487061 0.01487061 0.00641067
Dec-19 41072.94 41253.74 1.00440192 0.00440192 0.00190754
Jan-20 41349.36 40723.49 0.98486385 -0.01513615 -0.0066238
Feb-20 40753.18 38297.29 0.93973746 -0.06026254 -0.02699346
Mar-20 38910.95 29468.49 0.75733155 -0.24266845 -0.12071395
Apr-20 29505.33 33717.62 1.1427637 0.1427637 0.05795644
May-20 32748.14 32424.1 0.99010509 -0.00989491 -0.00431871
Jun-20 32906.05 34915.8 1.06107539 0.06107539 0.02574624
Jul-20 35009.59 37606.89 1.07418824 0.07418824 0.0310804
Aug-20 37595.73 38628.29 1.02746482 0.02746482 0.01176696
Sep-20 38754 38067.93 0.9822968 -0.0177032 -0.00775727
Oct-20 38410.2 39614.07 1.03134246 0.03134246 0.0134029
Nov-20 39880.38 44149.72 1.10705364 0.10705364 0.04416867
Dec-20 44435.83 47751.33 1.07461321 0.07461321 0.03125218
Jan-21 47785.28 46285.77 0.96861983 -0.03138017 -0.01384664
Feb-21 46617.95 49099.99 1.05324215 0.05324215 0.02252823
Mar-21 49747.71 49509.15 0.9952046 -0.0047954 -0.00208762
Apr-21 49868.53 48782.36 0.97821933 -0.02178067 -0.00956376
May-21 48356.01 51937.44 1.0740638 0.0740638 0.03103008
Jun-21 52067.51 52482.71 1.00797426 0.00797426 0.00344944
Jul-21 52638.5 52586.84 0.99901859 -0.00098141 -0.00042643
Aug-21 52901.28 57552.39 1.08792056 0.08792056 0.03659718
Sep-21 57763.53 59126.36 1.02359326 0.02359326 0.01012742
Oct-21 58889.77 59306.93 1.00708374 0.00708374 0.00306559
Nov-21 59577.48 57064.87 0.95782618 -0.04217382 -0.0187133
Dec-21 57365.85 58253.82 1.01547907 0.01547907 0.00667098
Mean 0.00442164669054173
Standard Deviation 0.0243304436374626
Variance 0.000591970487595746
Coeffecient of Variation 5.5025752486076

5 Years of HPR 2.18088026910111

5 Years of HPY 1.18088026910111
 Government Bond
Period : January 2012 to December 2016

INR
Date Price Open HPR HPY Gain/Losses
Jan-12 8.267 8.633 0.95760454 -0.04239546 -0.366
Feb-12 8.199 8.133 1.00811509 0.00811509 0.066
Mar-12 8.572 8.209 1.04421976 0.04421976 0.363
Apr-12 8.671 8.514 1.01844022 0.01844022 0.157
May-12 8.377 8.703 0.96254165 -0.03745835 -0.326
Jun-12 8.38 8.359 1.00251226 0.00251226 0.021
Jul-12 8.245 8.434 0.9775907 -0.0224093 -0.189
Aug-12 8.241 8.243 0.99975737 -0.00024263 -0.002
Sep-12 8.149 8.236 0.98943662 -0.01056338 -0.087
Oct-12 8.215 8.147 1.00834663 0.00834663 0.068
Nov-12 8.175 8.221 0.99440457 -0.00559543 -0.046
Dec-12 8.049 8.169 0.98531032 -0.01468968 -0.12
Jan-13 7.912 7.984 0.99098196 -0.00901804 -0.072
Feb-13 7.872 7.925 0.9933123 -0.0066877 -0.053
Mar-13 7.951 7.855 1.01222151 0.01222151 0.096
Apr-13 7.731 7.96 0.97123116 -0.02876884 -0.229
May-13 7.443 7.713 0.96499417 -0.03500583 -0.27
Jun-13 7.439 7.424 1.00202047 0.00202047 0.015
Jul-13 8.172 7.463 1.09500201 0.09500201 0.709
Aug-13 8.596 8.172 1.05188448 0.05188448 0.424
Sep-13 8.766 8.588 1.0207266 0.0207266 0.178
Oct-13 8.625 8.713 0.98990015 -0.01009985 -0.088
Nov-13 9.044 8.658 1.04458304 0.04458304 0.386
Dec-13 8.82 9.058 0.97372488 -0.02627512 -0.238
Jan-14 8.77 8.828 0.99343 -0.00657 -0.058
Feb-14 8.862 8.774 1.01002963 0.01002963 0.088
Mar-14 8.804 8.865 0.99311901 -0.00688099 -0.061
Apr-14 8.828 8.863 0.996051 -0.003949 -0.035
May-14 8.645 8.816 0.98060345 -0.01939655 -0.171
Jun-14 8.744 8.652 1.01063338 0.01063338 0.092
Jul-14 8.718 8.739 0.99759698 -0.00240302 -0.021
Aug-14 8.559 8.747 0.97850692 -0.02149308 -0.188
Sep-14 8.511 8.563 0.99392736 -0.00607264 -0.052
Oct-14 8.278 8.511 0.97262366 -0.02737634 -0.233
Nov-14 8.087 8.262 0.97881869 -0.02118131 -0.175
Dec-14 7.855 8.058 0.97480764 -0.02519236 -0.203
Jan-15 7.691 7.852 0.97949567 -0.02050433 -0.161
Feb-15 7.724 7.7 1.00311688 0.00311688 0.024
Mar-15 7.738 7.738 1 0 0
Apr-15 7.86 7.722 1.01787102 0.01787102 0.138
May-15 7.815 7.875 0.99238095 -0.00761905 -0.06
Jun-15 7.861 7.815 1.00588612 0.00588612 0.046
Jul-15 7.806 7.865 0.99249841 -0.00750159 -0.059
Aug-15 7.784 7.788 0.99948639 -0.00051361 -0.004
Sep-15 7.539 7.793 0.96740665 -0.03259335 -0.254
Oct-15 7.64 7.527 1.01501262 0.01501262 0.113
Nov-15 7.786 7.64 1.01910995 0.01910995 0.146
Dec-15 7.758 7.785 0.99653179 -0.00346821 -0.027
Jan-16 7.779 7.754 1.00322414 0.00322414 0.025
Feb-16 7.623 7.793 0.97818555 -0.02181445 -0.17
Mar-16 7.459 7.63 0.97758847 -0.02241153 -0.171
Apr-16 7.435 7.451 0.99785264 -0.00214736 -0.016
May-16 7.471 7.439 1.00430165 0.00430165 0.032
Jun-16 7.448 7.473 0.99665462 -0.00334538 -0.025
Jul-16 7.163 7.441 0.96263943 -0.03736057 -0.278
Aug-16 7.11 7.138 0.99607733 -0.00392267 -0.028
Sep-16 6.958 7.104 0.9794482 -0.0205518 -0.146
Oct-16 6.885 6.956 0.98979298 -0.01020702 -0.071
Nov-16 6.243 6.873 0.90833697 -0.09166303 -0.63
Dec-16 6.512 6.257 1.04075436 0.04075436 0.255
Yield 7.99433333
Standard Deviation 0.60264745
Variance 0.36318395

5 Years of HPR 0.75431484

5 Years of HPY -0.24568516
 Government Bond
Period : January 2017 to December 2021

INR
Date Price Open HPR HPY Gain/Losses
Jan-17 6.407 6.483 0.98827703 -0.01172297 -0.076
Feb-17 6.87 6.403 1.07293456 0.07293456 0.467
Mar-17 6.658 6.898 0.96520731 -0.03479269 -0.24
Apr-17 6.961 6.658 1.04550916 0.04550916 0.303
May-17 6.661 6.968 0.95594145 -0.04405855 -0.307
Jun-17 6.511 6.649 0.979245 -0.020755 -0.138
Jul-17 6.465 6.61 0.97806354 -0.02193646 -0.145
Aug-17 6.525 6.466 1.00912465 0.00912465 0.059
Sep-17 6.663 6.492 1.02634011 0.02634011 0.171
Oct-17 6.862 6.674 1.02816901 0.02816901 0.188
Nov-17 7.058 6.879 1.02602122 0.02602122 0.179
Dec-17 7.326 7.088 1.03357788 0.03357788 0.238
Jan-18 7.43 7.349 1.01102191 0.01102191 0.081
Feb-18 7.726 7.446 1.03760408 0.03760408 0.28
Mar-18 7.398 7.726 0.95754595 -0.04245405 -0.328
Apr-18 7.767 7.333 1.05918451 0.05918451 0.434
May-18 7.826 7.731 1.01228819 0.01228819 0.095
Jun-18 7.903 7.86 1.00547074 0.00547074 0.043
Jul-18 7.772 7.889 0.98516922 -0.01483078 -0.117
Aug-18 7.951 7.767 1.02368997 0.02368997 0.184
Sep-18 8.024 7.94 1.01057935 0.01057935 0.084
Oct-18 7.853 7.923 0.99116496 -0.00883504 -0.07
Nov-18 7.607 7.831 0.97139573 -0.02860427 -0.224
Dec-18 7.37 7.646 0.96390269 -0.03609731 -0.276
Jan-19 7.483 7.401 1.01107958 0.01107958 0.082
Feb-19 7.591 7.47 1.01619813 0.01619813 0.121
Mar-19 7.346 7.588 0.96810754 -0.03189246 -0.242
Apr-19 7.414 7.356 1.00788472 0.00788472 0.058
May-19 7.032 7.411 0.9488598 -0.0511402 -0.379
Jun-19 6.879 6.949 0.98992661 -0.01007339 -0.07
Jul-19 6.369 6.906 0.92224153 -0.07775847 -0.537
Aug-19 6.556 6.394 1.02533625 0.02533625 0.162
Sep-19 6.695 6.498 1.03031702 0.03031702 0.197
Oct-19 6.643 6.68 0.99446108 -0.00553892 -0.037
Nov-19 6.46 6.431 1.00450941 0.00450941 0.029
Dec-19 6.554 6.463 1.01408015 0.01408015 0.091
Jan-20 6.599 6.548 1.00778864 0.00778864 0.051
Feb-20 6.371 6.509 0.97879859 -0.02120141 -0.138
Mar-20 6.138 6.343 0.96768091 -0.03231909 -0.205
Apr-20 6.11 6.287 0.97184667 -0.02815333 -0.177
May-20 6.013 6.138 0.97963506 -0.02036494 -0.125
Jun-20 5.888 6.055 0.97241949 -0.02758051 -0.167
Jul-20 5.837 5.907 0.98814965 -0.01185035 -0.07
Aug-20 6.078 5.846 1.03968525 0.03968525 0.232
Sep-20 6.015 5.949 1.0110943 0.0110943 0.066
Oct-20 5.881 5.965 0.98591785 -0.01408215 -0.084
Nov-20 5.911 5.89 1.00356537 0.00356537 0.021
Dec-20 5.894 5.919 0.99577631 -0.00422369 -0.025
Jan-21 5.949 5.905 1.00745131 0.00745131 0.044
Feb-21 6.229 5.917 1.05272942 0.05272942 0.312
Mar-21 6.177 6.236 0.99053881 -0.00946119 -0.059
Apr-21 6.03 6.202 0.97226701 -0.02773299 -0.172
May-21 6.022 6.029 0.99883895 -0.00116105 -0.007
Jun-21 6.051 6.032 1.00314987 0.00314987 0.019
Jul-21 6.204 6.082 1.02005919 0.02005919 0.122
Aug-21 6.215 6.204 1.00177305 0.00177305 0.011
Sep-21 6.223 6.235 0.99807538 -0.00192462 -0.012
Oct-21 6.388 6.23 1.02536116 0.02536116 0.158
Nov-21 6.326 6.391 0.98982945 -0.01017055 -0.065
Dec-21 6.454 6.36 1.01477987 0.01477987 0.094
Yield 6.72698333
Standard Deviation 0.6554615
Variance 0.42962978

5 Years of HPR 0.99552676

5 Years of HPY -0.00447324
 Period: Jan 2012 to December 201
Panel - A Stock Opening Price in Jan 2012
Company 1 - HDFC BANK LTD. (BSE) 431.8
Company 2 - Goldman Sachs (NYSE) 92.970001
GOLD 1737.8
DJIA 12221.19
SENSEX 15534.67
GOVT. BONDS 8.267

Period: Jan 2017 to December 202

Panel - B Stock Opening Price in Jan 2017
Company 1 - HDFC BANK LTD. (BSE) 1205
Company 2 - Goldman Sachs (NYSE) 242.699997
GOLD 1291.8
DJIA 19872.86
SENSEX 26711.15
GOVT. BONDS 6.407
Period: Jan 2012 to December 2016
Stock Closing Price in Dec 2016 Gains/Losses
1204.2 772.4
239.449997 146.479996
1236.7 -501.1
19762.6 7541.41
26626.46 11091.79
6.257 -2.01

Period: Jan 2017 to December 2021

Stock Closing Price in Dec 2021 Gains/Losses
1479.8 1.2280497925
382.549988 1.5762257632
1777.4 1.3759095835
36338.3 1.8285390226
58253.82 2.1808802691
6.36 0.9926642735
 Period 1: Jan 2012 to December 2016
HDFC BANK LTD. Golman Sachs Gold
Mean (Return) 0.0068455395804712 0.0061197984 -0.0037424
Std. Deviation (Risk) 0.0239598519043341 0.03022110433 0.0173154

Period 1 - Risk & Return

0.035

0.03

0.025

0.02

0.015
Axis Title

0.01

0.005

-0.005

-0.01
ember 2016
S&P BSE SENSEX DJIA
0.0033376868606 0.00346406
0.0176762906204 0.01316577

Mean (Return)
Std. Deviation (Risk)
 Period 1: Jan 2012 to December 2016
HDFC BANK LTD. Golman Sachs Gold S&P BSE SENSEX DJIA
Mean (Return) 0.00099889468435 0.00216291 0.00271085 0.0044216466905 0.00389625
Std. Deviation (Risk) 0.04605211668317 0.0384447045 0.01570186 0.0243304436375 0.02098077

Period 2 - Risk & Return

0.05

0.045

0.04

0.035

0.03 Mean (Return)

Std. Deviation (Risk)
Axis Title

0.025

0.02

0.015

0.01

0.005