INTERPRETATION AND ANALYSIS

Tata steel JSW steel hindalco

MEAN=60.6067 range =666.2 range=390.85
SD=28.99 mean=385.05 mean=278.18
Range=95.92 sd=253.0249 sd=37.080

In statistics, dispersion is the extent to which a

distribution is stretched or squeezed.
Measures of dispersion give a single value indicating
the degree of consistency or uniformity of distribution.

So from the above calculations made about the share

prices using different measures of dispersion , we can
make some conclusions which help both the company
and the investors to make financial decisions .

Based upon the values of different measures of

dispersion of the 3 companies we can interpret that
TATA STEEL company is performing more
consistently as the change in its standard deviaton and
range is less compared to the mean with degree of
change between mean and range is 35.313 and that of
standard deviation and mean is 31.101 which means the
stock price is less volatile and the company is
performing well.
Both the other two companies has more volatile share
prices as degree of the change in both SD and range is
high compared to the mean . And the change for the jsw
being 281.15 and 132.025 between its mean to range
and mean to standard deviation respectively .same in
the case of hindaclo with differences beibg 112.67 and
241.1 .
If the mean is so different from the current price we can
know whether we make a gain or loss.
CONCLUSION
Different measures of dispersion provide us data of
variability from different angles, and this knowledge
can prove helpful in controlling the variation.
Especially in the financial analysis of business

Thus we can conclude that the more accurately we use

these measures to calculate
the different dispersions that much accuracy can be seen
In the financial decisions we make.

These measures help us to comprehend how

companies are performing in current market scenario.