RCompany : RELIANCE INFRASTRUCTURE LTD.

( 500390 )
Stock Price From 1 Dec To 31 Jan

Date Close Price of Previous Day Close Price of Current Day Gain or Loss
1-Dec-10 844.7 870.9 26.1999999999999
2-Dec-10 870.9 874.2 3.30000000000007
3-Dec-10 874.2 836.7 -37.5
6-Dec-10 836.7 830.5 -6.20000000000005
7-Dec-10 830.5 834.3 3.79999999999995
8-Dec-10 834.3 832.8 -1.5
9-Dec-10 832.8 777.7 -55.0999999999999
10-Dec-10 777.7 781.1 3.39999999999998
13-Dec-10 781.1 811.4 30.3
14-Dec-10 811.4 833.1 21.7
15-Dec-10 833.1 824.4 -8.70000000000005
16-Dec-10 824.4 828.5 4.10000000000002
20-Dec-10 828.5 810.8 -17.7
21-Dec-10 810.8 808.5 -2.29999999999995
22-Dec-10 808.5 794.45 -14.05
23-Dec-10 794.45 788 -6.45000000000005
24-Dec-10 788 814.8 26.8
27-Dec-10 814.8 797.6 -17.1999999999999
28-Dec-10 797.6 795.45 -2.14999999999998
29-Dec-10 795.45 804.2 8.75
30-Dec-10 804.2 809.65 5.44999999999993
31-Dec-10 809.65 842 32.35
3-Jan-11 842 862.5 20.5
4-Jan-11 862.5 877.15 14.65
5-Jan-11 877.15 856.65 -20.5
6-Jan-11 856.65 859.5 2.85000000000002
7-Jan-11 859.5 826.65 -32.85
10-Jan-11 826.65 807.3 -19.35
11-Jan-11 807.3 803.05 -4.25
12-Jan-11 803.05 820.2 17.1500000000001
13-Jan-11 820.2 809.6 -10.6
14-Jan-11 809.6 798.25 -11.35
17-Jan-11 798.25 735.7 -62.55
18-Jan-11 735.7 702.35 -33.35
19-Jan-11 702.35 721.35 19
20-Jan-11 721.35 716.95 -4.39999999999998
21-Jan-11 716.95 737.1 20.15
24-Jan-11 737.1 729.7 -7.39999999999998
25-Jan-11 729.7 717.8 -11.9000000000001
27-Jan-11 717.8 716.3 -1.5
28-Jan-11 716.3 724.4 8.10000000000002
31-Jan-11 724.4 707.7 -16.6999999999999
Sum =
Mean =
 %age Gain % gain - mean (x) Sensex Previous day close Sensex Current Day Close
3.10169290872498 3.48791415472498 19,521.25 19,850.00
0.378918360316921 0.765139606316921 19,850.00 19,992.70
-4.28963623884695 -3.90341499284695 19,992.70 19,966.93
-0.741006334408993 -0.354785088408993 19,966.93 19,981.31
0.457555689343763 0.843776935343763 19,981.31 19,934.64
-0.179791441927364 0.206429804072636 19,934.64 19,696.48
-6.6162343900096 -6.2300131440096 19,696.48 19,242.36
0.437186575800434 0.823407821800434 19,242.36 19,508.89
3.87914479580079 4.26536604180079 19,508.89 19,691.78
2.67438994330787 3.06061118930787 19,691.78 19,799.19
-1.04429240187253 -0.65807115587253 19,799.19 19,647.77
0.497331392527902 0.883552638527902 19,647.77 19,864.85
-2.13639106819554 -1.75016982219554 19,864.85 19,888.88
-0.283670448939314 0.102550797060686 19,888.88 20,060.32
-1.7377860235003 -1.3515647775003 20,060.32 20,015.80
-0.811882434388576 -0.425661188388576 20,015.80 19,982.88
3.40101522842639 3.78723647442639 19,982.88 20,073.66
-2.11094747177221 -1.72472622577221 20,073.66 20,028.93
-0.269558676028081 0.116662569971919 20,028.93 20,025.42
1.1000062857502 1.4862275317502 20,025.42 20,256.03
0.677692116388949 1.06391336238895 20,256.03 20,389.07
3.99555363428642 4.38177488028642 20,389.07 20,509.09
2.43467933491686 2.82090058091686 20,509.09 20,561.05
1.69855072463768 2.08477197063768 20,561.05 20,498.72
-2.33711451861141 -1.95089327261141 20,498.72 20,301.10
0.332691297496063 0.718912543496063 20,301.10 20,184.74
-3.82198952879581 -3.43576828279581 20,184.74 19,691.81
-2.34077299945564 -1.95455175345564 19,691.81 19,224.12
-0.526446178620092 -0.140224932620092 19,224.12 19,196.34
2.1356079945209 2.5218292405209 19,196.34 19,534.10
-1.29236771519142 -0.906146469191419 19,534.10 19,182.82
-1.40192687747036 -1.01570563147036 19,182.82 18,860.44
-7.83589101158784 -7.44966976558784 18,860.44 18,882.25
-4.53309773005301 -4.14687648405301 18,882.25 19,092.05
2.70520395814053 3.09142520414053 19,092.05 18,978.32
-0.609967422194493 -0.223746176194493 18,978.32 19,046.54
2.8105167724388 3.1967380184388 19,046.54 19,007.53
-1.00393433726767 -0.617713091267667 19,007.53 19,151.28
-1.63080718103331 -1.24458593503331 19,151.28 18,969.45
-0.208971858456395 0.177249387543605 18,969.45 18,684.43
1.1308111126623 1.5170323586623 18,684.43 18,395.97
 -2.30535615681943 -1.91913491081943 18,395.97 18,327.76
-16.2212923199586
-0.3862212457133

Covariance =

1 N
S xy  
N  1 i 1

where S(xy) is Covariance of X and
portfolio. here N = 42 so N-1 = 41
Puting the values we get:
=49.598
=1.2097

Variance of Market Portfolio =

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

Puting the values we get:

= 51.19981
= 1.248775

So Beta =

Cov ( X
βM=
Var (
 Cov ( X
βM=
Var (
Puting the values we get :
= 1.209722
=0.968727
Sensex Gain % gain % gain - mean (y) Product of x,y (y)2
328.75 1.68 1.54 5.3579253630082 2.3597269041282
142.70 0.72 0.57 0.436871538866176 0.3260064093463
-25.77 -0.13 -0.28 1.08053953413873 0.0766287728358
14.38 0.07 -0.08 0.026929215116288 0.0057612493852
-46.67 -0.23 -0.38 -0.321892671939502 0.1455348089742
-238.16 -1.19 -1.34 -0.277158078195682 1.8026453052753
-454.12 -2.31 -2.45 15.2854095555906 6.0197192017459
266.53 1.39 1.24 1.01871948339828 1.5306618153837
182.89 0.94 0.79 3.36771151636842 0.6233861512204
107.41 0.55 0.40 1.21669714554426 0.1580333167487
-151.42 -0.76 -0.91 0.600622030379029 0.8330226392474
217.08 1.10 0.96 0.845503533015191 0.9157269528262
24.03 0.12 -0.03 0.047175023426636 0.0007265472558
171.44 0.86 0.71 0.073228164008 0.5098920147613
-44.52 -0.22 -0.37 0.499879794518292 0.1367909717186
-32.92 -0.16 -0.31 0.132973169818374 0.0975887908075
90.78 0.45 0.31 1.16028387276325 0.0938606732942
-44.73 -0.22 -0.37 0.639444486237137 0.1374565246838
-3.51 -0.02 -0.17 -0.019301428884841 0.0273725869128
230.61 1.15 1.00 1.49167359818138 1.0073421390428
133.04 0.66 0.51 0.54139369723353 0.2589487768788
120.02 0.59 0.44 1.93116537630174 0.1942400629517
51.96 0.25 0.11 0.297405001141767 0.0111152945069
-62.33 -0.30 -0.45 -0.940373870968339 0.2034623179997
-197.62 -0.96 -1.11 2.16935854052668 1.236504353021
-116.36 -0.57 -0.72 -0.518402723590043 0.5199749558946
-492.93 -2.44 -2.59 8.8986892263892 6.7081744397583
-467.69 -2.38 -2.52 4.93127599423836 6.3653790584125
-27.78 -0.14 -0.29 0.041005688516782 0.0855141014859
337.76 1.76 1.61 4.06412980385786 2.5971903985683
-351.28 -1.80 -1.95 1.76355419351179 3.7877457083326
-322.38 -1.68 -1.83 1.85720579704356 3.3433692243696
21.81 0.12 -0.03 0.240498481481693 0.0010421989571
209.80 1.11 0.96 -3.99416536087472 0.9277049673072
-113.73 -0.60 -0.74 -2.2988299976224 0.5529631933905
68.22 0.36 0.21 -0.047331449483374 0.0447495183359
-39.01 -0.20 -0.35 -1.1276048397093 0.124422742641
143.75 0.76 0.61 -0.375790233768715 0.3700985362926
-181.83 -0.95 -1.10 1.36576184993858 1.2042043096998
-285.02 -1.50 -1.65 -0.292540035212604 2.7239625485413
-288.46 -1.54 -1.69 -2.56647630462955 2.8621001661082
 -68.21 -0.37 -0.52 0.99547391364295 0.2690597635731
-6.06 -12.28 49.5986375933237 51.19981041262
-0.1479219776007

1 N

N  1 i 1
 X i  X    Yi  Y 
s Covariance of X and Y, where X is stock and Y is market
e N = 42 so N-1 = 41
lues we get:
=49.59863759/41
=1.20972286

arket Portfolio =

( Y ) = (1/n-1 ) (yi - ym)2

lues we get:
= 51.19981041/41
= 1.2487758

2
Cov ( X , Y ) σ x, y
= =
Var ( Y ) σ2
 2
Cov ( X , Y ) σ x, y
= =
Var ( Y ) σ 2y
lues we get :
= 1.20972286/1.2487758
=0.96872702