CHRIST (Deemed to be University), Pune Lavasa

Campus School of Commerce, Finance & Accountancy

Title: Explain the relationship between variables and

present inference with diagrammatic representation.
(ONGC) & (FUTURE CONSUMERS)

TAGORE REDDY
20111453
BUSINESS
STATISTICS BBA 232
CIA3 Part A

Submitted to
Dr. Manjari Sharma
 TABLE OF CONTENTS

S. No. Titles Pg. no.

1 Introduction 3

2 Description of Future retail with selected variables 4

3 Correlation analysis of ONGC with 5 variables with Karl 6

Pearson method and interpretation& conclusion

4 Correlation analysis of FUTURE CONSUMERS with 5 8

variables with Spearman correlation method and
interpretation & conclusion

5 References 10

6 Annexure (Excel file) 11

 INTRODUCTION

In this project we are talking about relationship between and how variables

affect company in the stock market. How the variables are correlated with each

other and how they affect the price of the stock. And we used diagrammatic

representation to show the correlation between the variables. I have used two

types of method one is called Karlperson’s method and the second is

Spearman’s method and we have used scatter plot with straight lines to show the

diagrammatic representation.
 DESCRIPTION OF SELECTED COMPANY
ONGC (OIL & NATURAL GAS CORPORATION LIMITED)

Oil and Natural Gas Corporation (ONGC) is an Indian government owned crude oil and natural gas
corporation. Its registered office is in New Delhi. It is under the ownership of Ministry of Petroleum and Natural
Gas, Government of India. It is the largest oil and gas exploration and production company in the country, and
produces around 70% of India's crude oil (equivalent to around 57% of the country's total demand) and around
84% of its natural gas. In November 2010, the Government of India conferred the Maharatna status to ONGC.

Variables used: -

1. HIGH
2. LOW
3. CLOSE
4. VWAP (VOLUME WEIGHTED AVERAGE PRICE)
5. NO OF TRADES

(AND WE USED OPEN AS TARGET VALUE i.e., X)

FUTURE CONSUMERS
Future Consumer is a food-led FMCG company, building brands for India's Fast Moving
Consumer Generation. We understand India’s evolving aspiration and needs and is moving
consumers into buying branded food categories. We are using real-time data to gain deep
insights on the Indian consumers, their food habits, and beliefs. We have successfully created a
branded business out of commodity play in categories like dry fruits, rice, and flours, where
very few or no brands exist. There is a new restless generation of consumers out there that
seeks the next. Constantly, instantly and fearlessly. It is for this breed of aspirers that we have
created a whole new world of innovative products from across multiple categories in food,
home care and personal care and beauty space and built successful brands like Tasty Treat,
Voom, Karmiq, Dreamery, and Mother Earth among several other.

Variables used: -

1. HIGH
2. LOW
3. CLOSE
4. VWAP (VOLUME WEIGHTED AVERAGE PRICE)
5. NO OF TRADES

(AND WE USED OPEN AS TARGET VALUE i.e., X)

CORRELATION ANALYSIS OF COMPANY ONGC WITH 5 VARIABLES
VARIABLE 1

VARIABLE 2

VARIABLE 3
 VARIABLE 4

VARIABLE 5

INTERPETATION

A correlation coefficient is a quantitative assessment that measures both the direction and the strength
of this tendency to vary together. This relationship is useful because we can use the value of one
variable to predict the value of the other variable. Karl Pearson’s coefficient of correlation is an
extensively used mathematical method in which the numerical representation is applied to
measure the level of relation between linearly related variables. The coefficient of correlation
is expressed
n∑xy−(Σx)(Σy)
by “r”. this is our formula in this formula n means no of data points, ‘x’
√n∑x²−(∑x)² √n∑y²−(∑y)²
indicates target variable and ‘indicates the variables.

CONCLUSION

The correlation value ranges from +1 to -1. Values near to +1 indicates a strong correlation
between the variables and a Value close -1 indicates weak correlation. Among all the
variables V1 shows r value of 0.9O4155 which is the highest and Among all the variables V5
has the lowest value of r i.e., 0.17459 V1 is strongly related to the open price so they will
have the tendency to vary together.
CORRELATION ANALYSIS OF COMPANY FUTURE CONSUMERS WITH 5 VARIABLES

VARIABLE 1

VARIABLE 2

VARIABLE 3
 VARIABLE 4

VARIABLE 5

INTERPETATION

A correlation coefficient is a quantitative assessment that measures both the direction and the strength
of this tendency to vary together. This relationship is useful because we can use the value of one variable
to predict the value of the other variable. The Spearman's rank coefficient of correlation is a
nonparametric measure of rank correlation (statistical dependence of ranking between two variables).
Named after Charles Spearman, it is often denoted by the Greek letter 'ρ' (rho) and is primarily used for
data ρ =1- 6Σd²
Where n indicates the no of data points and d 2 indicates difference
analysis. n(n²−1)
between
the two ranks of each observation.

CONCLUSION

The correlation value ranges from +1 to -1. Values near to +1 indicates a strong correlation
between the variables and a Value close -1 indicates weak correlation. According to the
variables V1 has highest rho value i.e., 0.7145 and least of 0.3370 in V5 so V1 is strongly
related to the open price so they will have the tendency to vary together.

REFFERENCE

 https://www.nseindia.com/
 https://en.wikipedia.org/wiki/Oil_and_Natural_Gas_Corporation
 https://futureconsumer.in/#:~:text=Future%20Consumer%20is%20a%20food,India's%20Fast
%20Moving%20Consumer%20Generation.&text=We%20are%20using%20real
%2Dtime,their%20food%20habits%2C%20and%20beliefs.
 https://byjus.com/commerce/karl-pearson-coefficient-of-correlation/
 https://statisticsbyjim.com/basics/correlations
 ANNEXURE
MY EXCEL FILE IS SUBMITTED SEPARATELY.