Month Stock Market Stock return Market return

Apr-19 251.15 22417.8 -0.038622337 0.080272819 SUMMARY OUTPUT

May-19 241.45 24217.34 0.051770553 0.04940427
Jun-19 253.95 25413.78 -0.03248671 0.018934216 Regression Statistics
Jul-19 245.7 25894.97 -0.094831095 0.028698238 Multiple R 0.640733
Aug-19 222.4 26638.11 -0.064073741 -0.00028531 R Square 0.410538
Sep-19 208.15 26630.51 0.115781888 0.046387396 Adjusted R Square 0.400375
Oct-19 232.25 27865.83 0.386652314 0.029719553 Standard Error 0.175415
Nov-19 322.05 28693.99 0.192982456 -0.04163137 Observations 60
Dec-19 384.2 27499.42 0.339796981 0.061220564
Jan-19 514.75 29182.95 -0.140650801 0.006118299 ANOVA
Feb-19 442.35 29361.5 0.10342489 -0.04781806 df
Mar-19 488.1 27957.49 -0.222700266 -0.03384353 Regression 1
Apr-19 379.4 27011.31 0.015814444 0.030251402 Residual 58
May-19 385.4 27828.44 -0.26920083 -0.00171084 Total 59
Jun-19 281.65 27780.83 0.421267531 0.01201296
Jul-19 400.3 28114.56 -0.1561329 -0.06514311 Coefficient
Aug-19 337.8 26283.09 -0.040556542 -0.00487994 Intercept 0.008056
Sep-19 324.1 26154.83 0.347423635 0.019193396 Market return 1.065554
Oct-19 436.7 26656.83 0.177238379 -0.01917557
Nov-19 514.1 26145.67 0.366368411 -0.0010759 Ans= 0.41053 of variation in DV (stock retur
Dec-19 702.45 26117.54 -0.142145348 -0.04773995 β=1.06555 (Perfect positive sensitive)
Jan-19 602.6 24870.69 -0.18370395 -0.07513624
Feb-19 491.9 23002 0.112014637 0.101724198
Mar-19 547 25341.86 0.133363803 0.010447536
Apr-19 619.95 25606.62 -0.051455763 0.041447876
May-19 588.05 26667.96 -0.054927302 0.012440397
Jun-19 555.75 26999.72 0.114260009 0.038968552
Jul-19 619.25 28051.86 -0.128704078 0.014270355
Aug-19 539.55 28452.17 -0.117412659 -0.02060335
Sep-19 476.2 27865.96 -0.018374633 0.00230568
Oct-19 467.45 27930.21 -0.149962563 -0.04573542
Nov-19 397.35 26652.81 -0.125833648 -0.00098864
Dec-19 347.35 26626.46 0.159061465 0.038664546
Jan-19 402.6 27655.96 0.108544461 0.039317384
Feb-19 446.3 28743.32 0.178467399 0.030517699
Mar-19 525.95 29620.5 -0.015400703 0.010057224
Apr-19 517.85 29918.4 -0.077049339 0.041024921
May-19 477.95 31145.8 0.17993514 -0.00719808
Jun-19 563.95 30921.61 0.05709726 0.051528041
Jul-19 596.15 32514.94 -0.03170343 -0.02412583
Aug-19 577.25 31730.49 -0.165006496 -0.01408015
Sep-19 482 31283.72 0.208713693 0.061674571
Oct-19 582.6 33213.13 0.165894267 -0.00192033
Nov-19 679.25 33149.35 0.223849834 0.027375499
Dec-19 831.3 34056.83 -0.093407915 0.056029583
Jan-19 753.65 35965.02 -0.01101307 -0.04951978
Feb-19 745.35 34184.04 -0.182263366 -0.03555343
Mar-19 609.5 32968.68 0.053240361 0.066477639
Apr-19 641.95 35160.36 -0.356258276 0.00460803
May-19 413.25 35322.38 -0.161040532 0.002862208
Jun-19 346.7 35423.48 -0.109604846 0.061628615
Jul-19 308.7 37606.58 -0.085843861 0.027614582
Aug-19 282.2 38645.07 -0.360559887 -0.06256762
Sep-19 180.45 36227.14 0.2319202 -0.04927494
Oct-19 222.3 34442.05 0.375618534 0.050875311
Nov-19 305.8 36194.3 -0.09205363 -0.00348038
Dec-19 277.65 36068.33 -0.144966685 0.00522231
Jan-19 237.4 36256.69 -0.061499579 -0.01073595
Feb-19 222.8 35867.44 0.208931777 0.078217737
Mar-19 269.35 38672.91 -1 -1
 SS MS F Significance F
1.242963648 1.242964 40.39486939 3.51E-08
1.784679408 0.03077
3.027643057

Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
0.022674444 0.355289 0.723661681 -0.03733184 0.053443819 -0.03733184 0.053443819
0.16765346 6.355696 3.51E-08 0.729959535 1.40114926 0.729959535 1.40114926

iation in DV (stock return) becaue of IV (market return).

positive sensitive)