Kotak HDFC Bajaj Finance

Date
Close Price DAILY CHANGE Close Price DAILY CHANGE Close Price DAILY CHANGE
7-Jul-17 963.95 0.590% 1,665.35 0.401% 1,393.15 -0.208%
6-Jul-17 958.3 0.073% 1,658.70 0.491% 1,396.05 -0.043%
5-Jul-17 957.6 -0.146% 1,650.60 -0.067% 1,396.65 1.229%
4-Jul-17 959 1.102% 1,651.70 -0.395% 1,379.70 -0.472%
3-Jul-17 948.55 -0.722% 1,658.25 0.363% 1,386.25 0.877%
30-Jun-17 955.45 0.754% 1,652.25 -0.581% 1,374.20 0.033%
29-Jun-17 948.3 -2.634% 1,661.90 -0.246% 1,373.75 0.263%
28-Jun-17 973.95 -0.036% 1,666.00 -0.114% 1,370.15 1.425%
27-Jun-17 974.3 -1.131% 1,667.90 -0.634% 1,350.90 -3.593%
23-Jun-17 985.45 -1.223% 1,678.55 -1.137% 1,401.25 0.029%
22-Jun-17 997.65 0.580% 1,697.85 -0.106% 1,400.85 -0.997%
21-Jun-17 991.9 0.941% 1,699.65 0.702% 1,414.95 0.330%
20-Jun-17 982.65 -0.752% 1,687.80 -0.210% 1,410.30 0.783%
19-Jun-17 990.1 0.462% 1,691.35 1.400% 1,399.35 -0.540%
16-Jun-17 985.55 2.172% 1,668.00 0.361% 1,406.95 0.353%
15-Jun-17 964.6 -0.346% 1,662.00 -0.530% 1,402.00 2.899%
14-Jun-17 967.95 -0.642% 1,670.85 -0.524% 1,362.50 -0.529%
13-Jun-17 974.2 -0.215% 1,679.65 0.623% 1,369.75 0.517%
12-Jun-17 976.3 -0.898% 1,669.25 0.141% 1,362.70 -1.042%
9-Jun-17 985.15 0.644% 1,666.90 1.301% 1,377.05 1.395%
8-Jun-17 978.85 1.142% 1,645.50 0.302% 1,358.10 1.087%
7-Jun-17 967.8 0.098% 1,640.55 0.098% 1,343.50 0.588%
6-Jun-17 966.85 -0.031% 1,638.95 0.196% 1,335.65 -1.751%
5-Jun-17 967.15 0.441% 1,635.75 -0.003% 1,359.45 -0.044%
2-Jun-17 962.9 -0.031% 1,635.80 0.522% 1,360.05 2.494%
1-Jun-17 963.2 -0.135% 1,627.30 -0.370% 1,326.95 0.151%
31-May-17 964.5 0.281% 1,633.35 0.276% 1,324.95 0.269%
30-May-17 961.8 -0.605% 1,628.85 -0.196% 1,321.40 1.052%
29-May-17 967.65 0.368% 1,632.05 0.391% 1,307.65 -0.751%
26-May-17 964.1 0.726% 1,625.70 0.529% 1,317.55 4.563%
25-May-17 957.15 2.292% 1,617.15 3.043% 1,260.05 3.013%
24-May-17 935.7 -0.426% 1,569.40 0.048% 1,223.20 -1.259%
23-May-17 939.7 -0.170% 1,568.65 -0.454% 1,238.80 -0.254%
22-May-17 941.3 0.416% 1,575.80 1.016% 1,241.95 -3.837%
19-May-17 937.4 -0.589% 1,559.95 0.096% 1,291.50 -1.596%
18-May-17 942.95 -0.867% 1,558.45 -0.010% 1,312.45 -0.782%
17-May-17 951.2 -1.112% 1,558.60 -0.035% 1,322.80 -1.592%
16-May-17 961.9 -1.171% 1,559.15 0.254% 1,344.20 0.863%
15-May-17 973.3 2.098% 1,555.20 0.433% 1,332.70 1.311%
12-May-17 953.3 1.756% 1,548.50 0.110% 1,315.45 -1.700%
11-May-17 936.85 1.123% 1,546.80 -0.274% 1,338.20 0.890%
10-May-17 926.45 2.128% 1,551.05 1.019% 1,326.40 3.194%
9-May-17 907.15 0.204% 1,535.40 0.023% 1,285.35 1.022%
8-May-17 905.3 -0.187% 1,535.05 0.193% 1,272.35 -0.114%
5-May-17 907 0.293% 1,532.10 -0.088% 1,273.80 -1.743%
4-May-17 904.35 -1.072% 1,533.45 -0.516% 1,296.40 2.071%
3-May-17 914.15 -0.398% 1,541.40 -0.023% 1,270.10 0.032%
2-May-17 917.8 1.797% 1,541.75 -0.026% 1,269.70 -0.482%
28-Apr-17 901.6 -1.416% 1,542.15 -1.602% 1,275.85 -0.778%
27-Apr-17 914.55 1.577% 1,567.25 1.280% 1,285.85 -1.974%
26-Apr-17 900.35 0.239% 1,547.45 0.732% 1,311.75 -2.243%
25-Apr-17 898.2 0.582% 1,536.20 0.225% 1,341.85 5.624%
24-Apr-17 893 1.674% 1,532.75 2.405% 1,270.40 1.881%
21-Apr-17 878.3 -1.103% 1,496.75 2.380% 1,246.95 -0.395%
20-Apr-17 888.1 1.532% 1,461.95 1.030% 1,251.90 0.639%
19-Apr-17 874.7 -0.693% 1,447.05 0.090% 1,243.95 0.501%
18-Apr-17 880.8 -0.788% 1,445.75 0.675% 1,237.75 -1.820%
17-Apr-17 887.8 1.013% 1,436.05 -0.229% 1,260.70 -0.650%
13-Apr-17 878.9 -0.063% 1,439.35 -0.291% 1,268.95 0.320%
12-Apr-17 879.45 -0.148% 1,443.55 0.313% 1,264.90 0.733%
11-Apr-17 880.75 0.554% 1,439.05 0.380% 1,255.70 1.635%
10-Apr-17 875.9 1,433.60 1,235.50

Covariance 2.1343102E-05 2.7634162E-05 5.8288425E-05

Beta 0.4491573238 0.58 1.23

Equally Weighted Beta 0.0898314648 0.12 0.2453314663

Portfolio Beta 1.09

As the future
price is more
than the spot
price thus we
will go short
on the
no of futures for
contracts 5.7381183489 hedging.
SBI PNB BANK NIFTY

Close Price DAILY CHANGE Close Price DAILY CHANGE CLOSE PRICE DAILY CHANGE Variance
280.2 -0.249% 144.15 0.593% 23449.15 -0.075% 4.75181E-05
280.9 2.145% 143.3 4.560% 23466.65 0.488%
275 0.733% 137.05 0.293% 23352.6 0.596%
273 -0.619% 136.65 -1.726% 23214.2 -0.252%
274.7 0.402% 139.05 1.385% 23272.8 0.265%
273.6 0.385% 137.15 -0.399% 23211.2 -0.069%
272.55 -1.393% 137.7 0.916% 23227.3 -0.037%
276.4 -1.074% 136.45 -0.474% 23235.85 0.084%
279.4 -3.272% 137.1 -4.692% 23216.25 -1.387%
288.85 -1.935% 143.85 -1.168% 23542.75 -0.815%
294.55 1.499% 145.55 -0.445% 23736.1 0.115%
290.2 0.069% 146.2 1.598% 23708.75 0.046%
290 0.520% 143.9 -2.374% 23697.95 -0.186%
288.5 0.927% 147.4 -0.034% 23742.15 1.019%
285.85 0.634% 147.45 -0.102% 23502.75 0.475%
284.05 -0.106% 147.6 -2.799% 23391.75 -0.455%
284.35 0.194% 151.85 2.153% 23498.7 0.089%
283.8 -0.439% 148.65 0.337% 23477.85 0.032%
285.05 -1.196% 148.15 -2.565% 23470.45 -0.931%
288.5 -0.104% 152.05 0.429% 23690.9 0.658%
288.8 -0.671% 151.4 -0.427% 23536.1 -0.134%
290.75 1.218% 152.05 1.774% 23567.65 0.646%
287.25 -0.035% 149.4 -2.544% 23416.3 -0.185%
287.35 -0.017% 153.3 0.294% 23459.65 0.358%
287.4 0.017% 152.85 0.924% 23375.9 0.282%
287.35 -0.416% 151.45 0.899% 23310.15 -0.489%
288.55 -0.087% 150.1 2.353% 23424.8 0.504%
288.8 1.547% 146.65 0.860% 23307.25 0.537%
284.4 -1.404% 145.4 -3.677% 23182.75 -0.768%
288.45 -0.534% 150.95 0.299% 23362.2 0.739%
290 2.419% 150.5 2.034% 23190.8 2.904%
283.15 -2.075% 147.5 -1.338% 22536.3 -0.206%
289.15 -1.783% 149.5 -1.026% 22582.8 -0.309%
294.4 -4.462% 151.05 -2.799% 22652.85 -0.514%
308.15 1.716% 155.4 -2.018% 22769.8 0.314%
302.95 -1.528% 158.6 -3.908% 22698.6 -1.035%
307.65 0.212% 165.05 -5.443% 22935.95 0.032%
307 2.180% 174.55 4.552% 22928.6 0.469%
300.45 1.111% 166.95 -1.125% 22821.5 0.661%
297.15 -0.285% 168.85 -1.860% 22671.7 -0.643%
298 1.154% 172.05 0.000% 22818.45 -0.052%
294.6 -0.473% 172.05 -0.864% 22830.35 0.542%
 296 -0.887% 173.55 -1.420% 22707.3 -0.264%
298.65 0.912% 176.05 0.802% 22767.35 0.718%
295.95 -0.954% 174.65 -2.675% 22604.95 -0.507%
298.8 3.266% 179.45 2.984% 22720.1 1.851%
289.35 0.382% 174.25 2.050% 22307.3 -0.152%
288.25 -0.415% 170.75 1.095% 22341.35 -0.076%
289.45 2.660% 168.9 2.550% 22358.25 0.143%
281.95 -1.554% 164.7 -0.903% 22326.3 0.375%
286.4 0.140% 166.2 3.166% 22242.85 0.853%
286 0.158% 161.1 3.601% 22054.7 0.903%
285.55 1.205% 155.5 0.290% 21857.4 1.420%
282.15 -0.965% 155.05 -0.064% 21551.45 0.279%
284.9 0.246% 155.15 0.845% 21491.4 -0.301%
284.2 -2.051% 153.85 -1.441% 21556.35 -0.533%
290.15 0.173% 156.1 -1.731% 21671.85 0.112%
289.65 -0.464% 158.85 1.925% 21647.6 -0.180%
291 0.310% 155.85 -1.858% 21686.6 0.091%
290.1 -1.226% 158.8 0.379% 21666.8 -0.319%
293.7 1.626% 158.2 3.942% 21736.15 1.004%
289 152.2 21520.15

6.4358628E-05 8.640244E-05
1.3544024138 1.8183059005

0.2708804828 0.3636611801