HINDALCO INDUSTRIES

Date

Daily Closing Security

Aug.1
2
3
6
7
8
9
10
13
14
16
17
21
22
23
24
27
28
29
30
31
Sep.3
4
5
6
7
8
10
11
12

Total

119.2
119.15
116.7
118.05
118.75
121.4
121.75
122.8
121.25
120.15
116.85
113.95
112.3
112.8
113.2
110.95
110.05
106.65
103.75
106.1
103.75
103.95
103.75
101
101.7
105.15
106.85
108
109.05
109.25

Yesterday Closing Security

0
119.2
119.15
116.7
118.05
118.75
121.4
121.75
122.8
121.25
120.15
116.85
113.95
112.3
112.8
113.2
110.95
110.05
106.65
103.75
106.1
103.75
103.95
103.75
101
101.7
105.15
106.85
108
109.05

Rj
0
-0.042
-2.056
1.157
0.593
2.232
0.288
0.862
-1.262
-0.907
-2.747
-2.482
-1.448
0.445
0.355
-1.988
-0.811
-3.09
-2.719
2.265
-2.215
0.193
-0.192
-2.651
0.693
3.392
1.617
1.076
0.972
0.183
-8.286

Rj(Rj-Rj)
0
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28
-0.28

Rj = Rj/n
=-8.29/30
= -0.276

0
0.23
-1.78
1.43
0.87
2.51
0.56
1.14
-0.99
-0.63
-2.47
-2.21
-1.17
0.72
0.63
-1.71
-0.54
-2.81
-2.44
2.54
-1.94
0.47
0.08
-2.37
0.97
3.67
1.89
1.35
1.25
0.46
-8.01

USTRIES
Daily Closing Sensex
17257.38
17224.36
17197.93
17412.96
17601.78
17600.56
17560.87
17557.74
17633.45
17728.2
17657.21
17691.08
17885.26
17846.86
17850.22
17783.21
17678.81
17631.71
17490.81
17541.64
17429.56
17384.4
17440.87
17313.34
17346.27
17683.73
17749.65
17766.78
17852.95
18000.03

Yesterday Closing Sensex

0
17257.38
17224.36
17197.93
17412.96
17601.78
17600.56
17560.87
17557.74
17633.45
17728.2
17657.21
17691.08
17885.26
17846.86
17850.22
17783.21
17678.81
17631.71
17490.81
17541.64
17429.56
17384.4
17440.87
17313.34
17346.27
17683.73
17749.65
17766.78
17852.95

(Rm-Rm)
(Rm-Rm)
Rm Rm
0
-0.191
-0.153
1.25
1.084
-0.007
-0.226
-0.018
0.431
0.537
-0.4
0.192
1.098
-0.215
0.019
-0.375
-0.587
-0.266
-0.799
0.291
-0.639
-0.259
0.325
-0.731
0.19
1.945
0.373
0.097
0.485
0.824
4.273

0
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14

Rm = Rm/n
Rm/n
= 4.273/30
= 0.1424

0
-0.33
-0.3
1.108
0.942
-0.15
-0.37
-0.16
0.289
0.395
-0.54
0.049
0.955
-0.36
-0.12
-0.52
-0.73
-0.41
-0.94
0.148
-0.78
-0.4
0.182
-0.87
0.048
1.803
0.23
-0.05
0.343
0.681
4.131

0
0.11
0.09
1.23
0.89
0.02
0.14
0.03
0.08
0.16
0.29
0
0.91
0.13
0.02
0.27
0.53
0.17
0.89
0.02
0.61
0.16
0.03
0.76
0
3.25
0.05
0
0.12
0.46
17.1
28.5

(Rj-Rj)*(Rm-Rm)
0
-0.08
0.53
1.59
0.82
-0.37
-0.21
-0.18
-0.28
-0.25
1.34
-0.11
-1.12
-0.26
-0.08
0.89
0.39
1.15
2.3
0.38
1.51
-0.19
0.02
2.07
0.05
6.61
0.44
-0.06
0.43
0.31
-33.1
-15.5

BETA=(RJ-RJ)*(Rm-Rm)/(Rm-Rm)2
=-15.45779791/28.48670175
= 0.54

HINDALCO INDUSTRIES
Months Closing of security
Jan-10
Feb-10
Mar-10
Apr-10
May-10
Jun-10
Jul-10
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Total

Closing of Sensex
147.25
161.25
181.7
177.9
150.1
144.5
160.3
166.4
196.75
210.5
200.05
246
229.4
200.8
208.65
215.55
197.1
181
168.4
150.35
131.3
136.35
122.65
115.75

16357.96
16429.55
17527.77
17558.71
16944.63
17700.9
17868.29
17971.12
20069.12
20032.34
19521.25
20509.09
18327.76
17823.4
19445.22
19135.96
18503.28
18845.87
18197.2
16676.75
16453.76
17705.01
16123.46
15454.92

Rj
0
9.508
12.68
-2.09
-15.6
-3.73
10.93
3.805
18.24
6.989
-4.96
22.97
-6.75
-12.5
3.909
3.307
-8.56
-8.17
-6.96
-10.7
-12.7
3.846
-10
-5.63
-0.51

Rm
0
0.44
6.68
0.18
-3.5
4.46
0.95
0.58
11.7
-0.18
-2.55
5.06
-10.6
-2.75
9.1
-1.59
-3.31
1.85
-3.44
-8.36
-1.34
7.6
-8.93
-4.15
-0.09

Rj-RjRm-Rm
(Rj-Rj)*(Rm-R
0.51
9.51
12.7
-2.09
-15.6
-3.73
10.9
3.81
18.2
6.99
-4.96
23
-6.75
-12.5
3.91
3.31
-8.56
-8.17
-6.96
-10.7
-12.7
3.85
-10
-5.63

0.1
0.4
6.7
0.2
-3.5
4.5
0.9
0.6
12
-0.2
-2.6
5.1
-11
-2.8
9.1
-1.6
-3.3
1.9
-3.4
-8.4
-1.3
7.6
-8.9
-4.1

0.05
4.16
84.8
-0.37
54.7
-16.7
10.3
2.19
213
-1.28
12.7
116
71.8
34.3
35.6
-5.26
28.3
-15.1
24
89.6
16.9
29.2
89.8
23.3
902

ES
(Rm-Rm)2
0.008
0.192
44.68
0.031
12.23
19.92
0.894
0.331
136.3
0.034
6.509
25.61
113.1
7.573
82.8
2.529
10.93
3.428
11.85
69.81
1.788
57.83
79.79
17.19
705.4

beta=(Ri-Ri)*(Rm-Rm)/(Rm-RM)2
= 902.0446654/705.3763455
=1.28