Tata Steel, JSW Steel, and Hindalco share price data is analyzed using measures of dispersion like mean, range, and standard deviation. Based on the analysis, Tata Steel is identified as the most consistent performer as the difference between its mean and measures of dispersion is less compared to the other two companies. Both JSW Steel and Hindalco have more volatile share prices as the difference between their mean and other measures is very high. Understanding the variability of share prices using measures of dispersion can help both companies and investors make informed financial decisions.
Tata Steel, JSW Steel, and Hindalco share price data is analyzed using measures of dispersion like mean, range, and standard deviation. Based on the analysis, Tata Steel is identified as the most consistent performer as the difference between its mean and measures of dispersion is less compared to the other two companies. Both JSW Steel and Hindalco have more volatile share prices as the difference between their mean and other measures is very high. Understanding the variability of share prices using measures of dispersion can help both companies and investors make informed financial decisions.
Tata Steel, JSW Steel, and Hindalco share price data is analyzed using measures of dispersion like mean, range, and standard deviation. Based on the analysis, Tata Steel is identified as the most consistent performer as the difference between its mean and measures of dispersion is less compared to the other two companies. Both JSW Steel and Hindalco have more volatile share prices as the difference between their mean and other measures is very high. Understanding the variability of share prices using measures of dispersion can help both companies and investors make informed financial decisions.
Tata Steel, JSW Steel, and Hindalco share price data is analyzed using measures of dispersion like mean, range, and standard deviation. Based on the analysis, Tata Steel is identified as the most consistent performer as the difference between its mean and measures of dispersion is less compared to the other two companies. Both JSW Steel and Hindalco have more volatile share prices as the difference between their mean and other measures is very high. Understanding the variability of share prices using measures of dispersion can help both companies and investors make informed financial decisions.
MEAN=60.6067 range =666.2 range=390.85 SD=28.99 mean=385.05 mean=278.18 Range=95.92 sd=253.0249 sd=37.080
In statistics, dispersion is the extent to which a
distribution is stretched or squeezed. Measures of dispersion give a single value indicating the degree of consistency or uniformity of distribution.
So from the above calculations made about the share
prices using different measures of dispersion , we can make some conclusions which help both the company and the investors to make financial decisions .
Based upon the values of different measures of
dispersion of the 3 companies we can interpret that TATA STEEL company is performing more consistently as the change in its standard deviaton and range is less compared to the mean with degree of change between mean and range is 35.313 and that of standard deviation and mean is 31.101 which means the stock price is less volatile and the company is performing well. Both the other two companies has more volatile share prices as degree of the change in both SD and range is high compared to the mean . And the change for the jsw being 281.15 and 132.025 between its mean to range and mean to standard deviation respectively .same in the case of hindaclo with differences beibg 112.67 and 241.1 . If the mean is so different from the current price we can know whether we make a gain or loss. CONCLUSION Different measures of dispersion provide us data of variability from different angles, and this knowledge can prove helpful in controlling the variation. Especially in the financial analysis of business
Thus we can conclude that the more accurately we use
these measures to calculate the different dispersions that much accuracy can be seen In the financial decisions we make.
These measures help us to comprehend how
companies are performing in current market scenario.