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xlsx << Refer the link for the excel>>

ANNOVA TESTS
We have performed annova and T tests on the various parameters like close price open
price. high price and volume.
Claims:

Null Hypothesis: H 0: The Average opening price of the stocks in the year 2021 = price in the
year 2020 = price in the year 2019 = price in the year 2018 = price in the year 2017

Alternative Hypothesis: H 1 : The Average opening price of the stocks in the year 2021! =
price in the year 2020! = price in the year 2019! = price in the year 2018! = price in the year
2017.
We see that the P value is very less than alpha hence we can reject the null hypothesis. We
also see when we perform the tukey test we have a majority of them contributing to a
significant difference therefore there is a significant difference between the averages of
each year.
Claims:

Null Hypothesis: H 0: The Average high price of the stocks in the year 2021 = price in the
year 2020 = price in the year 2019 = price in the year 2018 = price in the year 2017

Alternative Hypothesis: H 1 : The Average high price of the stocks in the year 2021! = price
in the year 2020! = price in the year 2019! = price in the year 2018! = price in the year 2017.
We see that the P value is very less than alpha hence we can reject the null hypothesis. We
also see when we perform the tukey test we have a majority of them contributing to a
significant difference therefore there is a significant difference between the averages of
each year.
2021 - 2020 143.8215 >T There is a significant difference
2021 - 2019 140.7947 >T There is a significant difference
2021 - 2018 83.95765 <T There is no significant difference
2021 - 2017 81.43911 >T There is significant difference
2020 - 2019 3.026819 <T There is no significant difference
2020 - 2018 59.86382 >T There is a significant difference
2020 - 2017 62.38236 >T There is a significant difference
2019 - 2018 56.837 >T There is a significant difference
2019 - 2017 59.35554 >T There is a significant difference
2018 - 2017 2.518537 <T There is a no significant difference

Similarly, tests can be performed for other parameters. On doing the analysis for all the
parameters have a p < alpha and the null hypothesis is rejected. We have also obtained a
dashboard of average and the variance fluctuations for the years.
 As per the data 2017 has recorded the max share price of 237.95 and the minimum
of the high price has been recorded in 2020 of 40.9.
 2021 has recorded the max of high price, low price and close price of 505.95,479 and
492.6
 WAP is defined to determine the demand for stocks both in terms of volume and
price. So, the average of WAP for 5 years has resulted in 2021 outperforming the
other years.
 The total turnover achieved is the highest for 2021 with 134,87,40,594 that is almost
65% of the total turnover recorded for the 5 years.
 2017,2018 and 2021 have vast range open price ranging from (75.1,234.85),
(64.2,235.8), (76.05,505.95).
For open prices < Comparing the years from 2017- 2021>
The average mean varies from 122.34 to 212.74. So, we see a good range that is exhibited in
the domain.
Most of the years the stock prices are at a median of 83, however the mode for the first two
years of 2020 and 2021 have remained at 380 and the mode has changed for the
subsequent lower years to 102. These are the repeated occurring of stock prices.
For investors, high kurtosis of the return distribution implies the investor will experience
occasional extreme returns (either positive or negative), more extreme than the usual + or -
three standard deviations from the mean that is predicted by the normal distribution of
returns. So, if you see here there is a negative kurtosis in the values for the years 2020-2021
and the kurtosis is around 5 for the later years. This data sets with high kurtosis tend to have
heavy tails, or outliers.
For close prices < Comparing the years from 2017- 2021>
The range throughout the close price has remained in 400’s. For the close price we can see
that the skewness is > 1 the distribution is highly skewed and the mean varies from 121 to
211.
For deliverable quantity < Comparing the years from 2017- 2021>
There was a high volume of shares that were traded in the years 2020-2021 because of the
covid years the excessive anticipation on stock market returns. The volume of shares traded
in these two years had a mean of 17,9111 compared to early years of 17-19 which
aggregated only upto 6449.