Date

26-Sep-11
23-Sep
22-Sep
21-Sep
20-Sep
19-Sep
16-Sep
15-Sep
14-Sep
13-Sep
12-Sep
9-Sep
8-Sep
7-Sep
6-Sep
5-Sep
2-Sep
30-Aug
29-Aug
26-Aug
25-Aug
24-Aug
23-Aug
22-Aug
19-Aug
18-Aug
17-Aug
16-Aug
12-Aug
11-Aug
10-Aug
9-Aug
8-Aug
5-Aug
4-Aug
3-Aug
2-Aug
1-Aug

JPL Stock
X
509.45
526
533.5
553.3
558.95
545
547
551
547
530
518
536.85
554
563.8
550.5
535.5
525.15
519.5
491.4
467
474
491.95
502.75
502.6
489.1
492
516
517
525.4
512
522
524.95
522
548.4
546.5
558.2
566
569.8

Calculation of Beta for Jindal Power and Steel Stock

Index
Y
Rx
Ry
Rx-(-0.00269) Ry-(-0.00281)
16,051.10
-0.00687
0.00269 -0.004055461
16,162.06 -0.01406 -0.01217 -0.011368107 -0.00935846
16,361.15 -0.03579 -0.04125 -0.033095288 -0.038443666
17,065.15 -0.01011
-0.002 -0.007418239
0.00081401
17,099.28 0.025596 0.021136
0.02828633 0.023946017
16,745.35 -0.00366 -0.01113 -0.000966307 -0.008320382
16,933.83 -0.00726 0.003395 -0.004569528 0.006204653
16,876.54 0.007313 0.009991 0.010002614 0.012800664
16,709.60 0.032075 0.014705 0.034765472 0.017515382
16,467.44 0.023166 -0.00208 0.025856023 0.000731431
16,501.74 -0.03511 -0.02165 -0.032422229 -0.018843563
16,866.97 -0.03096 -0.01739 -0.028266679 -0.014583569
17,165.54 -0.01738 0.005892
-0.01469205 0.008701591
17,065.00 0.02416 0.01199 0.026849855 0.014800291
16,862.81 0.028011 0.008944 0.030701204 0.011753759
16,713.33 0.019709 -0.00643 0.022398655 -0.003618098
16,821.46 0.010876 0.008677 0.013565842
0.01148735
16,676.75 0.057184 0.015863 0.059873557 0.018673473
16,416.33 0.052248 0.035807 0.054938394
0.03861706
15,848.83 -0.01477 -0.01843 -0.012077932 -0.01561524
16,146.33 -0.03649 -0.00851 -0.033797448 -0.00570398
16284.98 -0.02148
0.01
-0.01879185
0.01
16,498.47 0.000298 0.009593 0.002988448 0.012403249
16,341.70 0.027602 0.012392 0.030291717
0.01520215
16,141.67 -0.00589 -0.01992 -0.003204309 -0.017112537
16,469.79 -0.04651 -0.02203 -0.043821628 -0.019220426
16,840.80 -0.00193 0.006566 0.000755764 0.009376278
16,730.94 -0.01599 -0.00645 -0.013297819 -0.003644417
16,839.63 0.026172 -0.01288 0.028861875 -0.010072634
17,059.40 -0.01916 -0.00415 -0.016467088 -0.001341073
17,130.51 -0.00562 0.01617 -0.002929583 0.018980451
16,857.91 0.005651 -0.00779 0.008341341 -0.004975085
16,990.18 -0.04814 -0.01824 -0.045450044 -0.015431787
17,305.87 0.003477 -0.02189
0.00616667 -0.019080355
17,693.18 -0.02096 -0.01379 -0.018270229 -0.010978318
17,940.55 -0.01378 0.013981 -0.011090919 0.016791093
18,109.89 -0.00667 -0.01116 -0.003979007 -0.008352844
18,314.33

Mean

-0.00189

Rs-Expected Return from a security

Ry Expected Return on Market Portfolio

-0.00281

covariance
variance
beta

0.000278831
0.000244742
1.13928294

Ry*Ry
1.64468E-05
8.75808E-05
0.001477915
6.62612E-07
0.000573412
6.92288E-05
3.84977E-05
0.000163857
0.000306789
5.34992E-07
0.00035508
0.00021268
7.57177E-05
0.000219049
0.000138151
1.30906E-05
0.000131959
0.000348699
0.001491277
0.000243836
3.25354E-05
0.000102617
0.000153841
0.000231105
0.000292839
0.000369425
8.79146E-05
1.32818E-05
0.000101458
1.79848E-06
0.000360258
2.47515E-05
0.00023814
0.00036406
0.000120523
0.000281941
6.977E-05

Rx-(-0.00269)*Ry-(-0.00281)
-1.09092E-05
0.000106388
0.001272304
-6.03852E-06
0.000677345
8.04004E-06
-2.83523E-05
0.00012804
0.000608931
1.89119E-05
0.00061095
0.000412229
-0.000127844
0.000397386
0.000360855
-8.10405E-05
0.000155836
0.001118047
0.002121559
0.0001886
0.00019278
0.000190361
3.70665E-05
0.000460499
5.48339E-05
0.00084227
7.08625E-06
4.84628E-05
-0.000290715
2.20836E-05
-5.56048E-05
-4.14989E-05
0.000701375
-0.000117662
0.000200576
-0.000186229
3.3236E-05

0.000238128

0.000271085

Date
3-Oct
30-Sep
29-Sep
28-Sep
27-Sep
26-Sep
23-Sep
22-Sep
21-Sep
20-Sep
19-Sep
16-Sep
15-Sep
14-Sep
13-Sep
12-Sep
9-Sep
8-Sep
7-Sep
6-Sep
5-Sep
2-Sep
30-Aug
29-Aug
26-Aug
25-Aug
24-Aug
23-Aug
22-Aug
19-Aug
18-Aug
17-Aug
16-Aug
12-Aug
11-Aug
10-Aug
9-Aug
8-Aug
5-Aug
4-Aug
3-Aug
2-Aug
1-Aug

JPL Stock
X
471
503.95
519.05
516
530
509.45
526
533.5
553.3
558.95
545
547
551
547
530
518
536.85
554
563.8
550.5
535.5
525.15
519.5
491.4
467
474
491.95
502.75
502.6
489.1
492
516
517
525.4
512
522
524.95
522
548.4
546.5
558.2
566
569.8

Calculation of Beta for Jindal Power and Steel Stock

Index
Y
Rx
Ry
Rx-(-.00415)Ry-(-0.00258)
16346.46 -0.06538 -0.01739 -0.06123 0.017905357
16635.71 -0.02909 0.015325 -0.02494 -0.01201528
16384.61 0.005911
-0.0146 0.010061 0.02332795
16627.29 -0.02642 0.020748 -0.02227 0.01742135
16289.32 0.040338 0.014841 0.044488 -0.00428546
16,051.10 -0.03146 -0.00687 -0.02731 -0.00958846
16,162.06 -0.01406 -0.01217 -0.00991 -0.03867367
16,361.15 -0.03579 -0.04125 -0.03164 0.00058401
17,065.15 -0.01011
-0.002 -0.00596 0.023716017
17,099.28 0.025596 0.021136 0.029746 -0.00855038
16,745.35 -0.00366 -0.01113 0.000494 0.005974653
16,933.83 -0.00726 0.003395 -0.00311 0.012570664
16,876.54 0.007313 0.009991 0.011463 0.017285382
16,709.60 0.032075 0.014705 0.036225 0.000501431
16,467.44 0.023166 -0.00208 0.027316 -0.01907356
16,501.74 -0.03511 -0.02165 -0.03096 -0.01481357
16,866.97 -0.03096 -0.01739 -0.02681 0.008471591
17,165.54 -0.01738 0.005892 -0.01323 0.014570291
17,065.00 0.02416 0.01199 0.02831 0.011523759
16,862.81 0.028011 0.008944 0.032161
-0.0038481
16,713.33 0.019709 -0.00643 0.023859 0.01125735
16,821.46 0.010876 0.008677 0.015026 0.018443473
16,676.75 0.057184 0.015863 0.061334 0.03838706
16,416.33 0.052248 0.035807 0.056398 -0.01584524
15,848.83 -0.01477 -0.01843 -0.01062 -0.00593398
16,146.33 -0.03649 -0.00851 -0.03234 -0.01035999
16284.98 -0.02148 -0.01294 -0.01733 0.012173249
16,498.47 0.000298 0.009593 0.004448 0.01497215
16,341.70 0.027602 0.012392 0.031752 -0.01734254
16,141.67 -0.00589 -0.01992 -0.00174 -0.01945043
16,469.79 -0.04651 -0.02203 -0.04236 0.009146278
16,840.80 -0.00193 0.006566 0.002216 -0.00387442
16,730.94 -0.01599 -0.00645 -0.01184 -0.01030263
16,839.63 0.026172 -0.01288 0.030322 -0.00157107
17,059.40 -0.01916 -0.00415 -0.01501 0.018750451
17,130.51 -0.00562 0.01617 -0.00147 -0.00520509
16,857.91 0.005651 -0.00779 0.009801 -0.01566179
16,990.18 -0.04814 -0.01824 -0.04399 -0.01931036
17,305.87 0.003477 -0.02189 0.007627 -0.01120832
17,693.18 -0.02096 -0.01379 -0.01681 -0.00677069
17,940.55 -0.01378 -0.00935 -0.00963 -0.00858284
18,109.89 -0.00667 -0.01116 -0.00252
0.00258
18,314.33

Ry*Ry
0.000321
0.000144
0.000544
0.000304
1.84E-05
9.19E-05
0.001496
3.41E-07
0.000562
7.31E-05
3.57E-05
0.000158
0.000299
2.51E-07
0.000364
0.000219
7.18E-05
0.000212
0.000133
1.48E-05
0.000127
0.00034
0.001474
0.000251
3.52E-05
0.000107
0.000148
0.000224
0.000301
0.000378
8.37E-05
1.5E-05
0.000106
2.47E-06
0.000352
2.71E-05
0.000245
0.000373
0.000126
4.58E-05
7.37E-05
6.66E-06

MEAN

-0.00415

Rs-Expected Return from a security

Ry Expected Return on Market Portfolio

-0.00258

0.000236

covariance 0.000261067
variance
0.000246737
beta
1.058078254

Rx-(-0.0041)*Ry-(-0.00258)
-0.001096407
0.00029968
0.000234699
-0.000387888
-0.00019065
0.000261898
0.000383183
-1.84753E-05
-0.000141306
-0.000254342
2.94964E-06
-3.90888E-05
0.000198136
1.81646E-05
-0.000521014
0.000458661
-0.000227095
-0.000192795
0.000326236
-0.000123759
0.000268585
0.000277129
0.002354415
-0.000893646
6.30066E-05
0.000335016
-0.000210985
6.66028E-05
-0.000550655
3.39276E-05
-0.000387451
-8.58479E-06
0.000121961
-4.76379E-05
-0.00028139
7.6493E-06
-0.000153507
0.000849463
-8.54821E-05
0.000113817
8.26607E-05
-6.49904E-06

2.23615E-05