Date Nifty Adj Close RETURN NIFTY WEEKLY ADJ AXIS Close RETURN AXIS WEEKLY

3/13/2023 17100.050781 836.546387

3/20/2023 16945.050781 -0.00906430056758789 839.043823 0.0029854124514915
3/27/2023 17359.75 0.0244731765256784 857.624817 0.0221454392376833
4/3/2023 17599.150391 0.0137905437002261 851.081543 -0.0076295296851234
4/10/2023 17828 0.0130034464116536 863.468811 0.0145547369718955
4/17/2023 17624.050781 -0.01143982606013 863.319031 -0.0001734631269733
4/24/2023 18065 0.0250197428774645 859.123291 -0.004860011014862
5/1/2023 18069 0.000221422640464988 864.417908 0.006162813947038
5/8/2023 18314.800781 0.0136034523769994 909.72168 0.0524095713204498
5/15/2023 18203.400391 -0.00608253353842487 923.107971 0.0147147103276686
5/22/2023 18499.349609 0.0162579085029807 926.005066 0.0031384140219931
5/29/2023 18534.099609 0.00187844441747801 925.155884 -0.000917038179573
6/5/2023 18563.400391 0.00158091208195354 973.756348 0.0525321892672522
6/12/2023 18826 0.0141460941136256 980.549377 0.0069761075385565
6/19/2023 18665.5 -0.00852544353553596 957.423035 -0.023585086628432
6/26/2023 19189.050781 0.0280491163376283 986.443359 0.0303108688000179
7/3/2023 19331.800781 0.00743913816421517 975.704346 -0.0108865987104283
7/10/2023 19564.5 0.0120371206819338 957.049988 -0.0191188632873016
7/17/2023 19745 0.00922589383832963 971.299988 0.0148895043923244
7/24/2023 19646.050781 -0.00501135573562919 949.950012 -0.0219808259690826
7/31/2023 19517 -0.00656878995369434 952.25 0.0024211673992799
8/7/2023 19428.300781 -0.00454471583747493 937.200012 -0.0158046605408244
8/14/2023 19310.150391 -0.00608135478917169 943.049988 0.0062419717510631
8/21/2023 19265.800781 -0.00229669935769469 983.099976 0.04246857378678
8/28/2023 19435.300781 0.0087979732546161 991.150024 0.0081884327093098
9/4/2023 19819.949219 0.0197912264046888 980.299988 -0.0109469159433729
9/11/2023 20192.349609 0.0187891697342498 1027.150024 0.047791529708761
9/18/2023 19674.25 -0.0256582130872515 1018.25 -0.0086647751468095
9/25/2023 19638.300781 -0.00182722182548246 1036.699951 0.0181192742450283
10/2/2023 19653.5 0.000773957949289761 1000.950012 -0.0344843645121384
10/9/2023 19751.050781 0.00496353224616489 994.049988 -0.0068934751159182
10/16/2023 19542.650391 -0.0105513571055409 980.349976 -0.0137820151555598
10/23/2023 19047.25 -0.0253497033968405 1002.75 0.0228490075466682
10/30/2023 19230.599609 0.00962604097704397 988.849976 -0.0138619037646473
11/6/2023 19425.349609 0.01012708932429 1029.199951 0.040804951185032
11/13/2023 19731.800781 0.0157758381788927 994.349976 -0.0338612287788577
11/20/2023 19794.699219 0.00318766840888452 1008.5 0.0142304262498419
11/27/2023 20267.900391 0.0239054489671557 1104.650024 0.0953396370847794
12/4/2023 20969.400391 0.0346113798897247 1131.199951 0.0240346955353889
12/11/2023 21456.650391 0.0232362390394876 1120.349976 -0.0095915624734677
12/18/2023 21349.400391 -0.0049984502727875 1088.300049 -0.0286070671545228
12/25/2023 21731.400391 0.0178927741765073 1102.300049 0.0128640993932364
1/1/2024 21710.800781 -0.000947919122990747 1136.949951 0.0314341834888189
1/8/2024 21894.550781 0.00846352936741085 1120.349976 -0.0146004448000544
 1/15/2024 21622.400391 -0.0124300513274825 1116.550049 -0.003391732120678
1/22/2024 21352.599609 -0.0124778367397312 1042.25 -0.0665443067836899
1/29/2024 21853.800781 0.0234726066698102 1067.050049 0.0237947219956824
2/5/2024 21782.5 -0.00326262610858939 1051.400024 -0.0146666269446935
2/12/2024 22040.699219 0.0118535163089635 1068.75 0.0165017839109351
2/19/2024 22212.699219 0.00780374516665646 1096.800049 0.0262456598830409
2/26/2024 22338.75 0.00567471696065565 1099.25 0.0022337261948828
3/4/2024 22493.550781 0.00692969754350632 1111.449951 0.0110984316579487
3/11/2024 21997.699219 -0.0220441657623412 1080.400024 -0.0279364149254437
3/14/2024 22150.900391 0.00696441798184408 1073.949951 -0.0059700785419457

AVERAGEWEEKLY RETURN 0.00498498900181308 0.0050702462773292

ANNUAL RETURN 25.92% 26.37%
VARIANCE 0.000184246635423182 0.0007137110582369
ANNUAL VARIANCE 0.96% 3.71%
STANDARD DEV 9.79% 19.26%
WEEKLY 0.0135737480241524 0.0267153711978127
ANNUALY 9.79% 19.26%
COVIRRANCE 0.38 0.73
BETA 1 0.709082944586439
Adj ICICI Close RETURN ICICI WEEKLY
829.422791
845.440918 0.0193123786491177
870.088013 0.0291529478586226
867.856384 -0.0025648313350571
891.660461 0.0274285900741844
878.419495 -0.0148497848442784
910.158203 0.0361316070290539
919.382263 0.0101345677812893
936.193909 0.0182858063251542
946.508972 0.0110180838615134
942.938416 -0.0037723424770664
930.490845 -0.0132008313467631
930.391663 -0.0001065910541012
926.57312 -0.0041042317465392
915.960449 -0.0114536789066361
926.969788 0.0120194480143978
938.673523 0.0126257998389048
952.212036 0.0144230263965802
988.860413 0.0384876220993283
988.066956 -0.0008023953528414
962.576721 -0.0257980846795973
945.070801 -0.0181865191813631
950.650024 0.00590349738252052
970.400024 0.0207752585088032
968.700012 -0.0017518672279011
970.549988 0.00190975118930831
992.450012 0.0225645502764151
950.299988 -0.0424706771024756
951.900024 0.0016837167422968
945.200012 -0.0070385668989121
951.299988 0.00645363512754586
932.75 -0.0194996197140707
912.75 -0.0214419726614849
933.799988 0.0230621615995618
938.599976 0.00514027421469616
921.849976 -0.0178457281358379
929.400024 0.00819010489403111
946.700012 0.0186141462806762
1010.849976 0.0677616596459914
1037.400024 0.0262650725927307
994.299988 -0.041546206866099
996.599976 0.00231317311451077
993.700012 -0.0029098575856277
1003.5 0.00986211923282133
RESULTS
NIFTY AXIS BANK
RETURN 25.92% 26.37%
STANDARD DEVIATION (RISK) 9.79% 19.26%
INTERPRETATION-:
MARKET RISK CAN BE MEASURED THROUGH BETA VALUE
MARKET BETA IS ALWAYS 1
OTHER STOCK'S BETA IS COMPARED WITH MARKET BETA
Interpretation of the results and suggestion of which stock to invest betw
1. Average Weekly Return and Annual Return:
- Both Axis Bank and ICICI Bank have comparable average weekly returns
- Annual returns for both stocks are quite high, with ICICI Bank showing t
2. Variance and Standard Deviation:
- Axis Bank exhibits higher variance and standard deviation compared to
- ICICI Bank has the lowest standard deviation among the three, suggesti
3. Covariance:
- Covariance measures how two stocks move in relation to each other. A
- The covariance of ICICI Bank with the market (Nifty) is higher compared
4. Beta:
- Beta measures the sensitivity of a stock's returns to changes in the mar
- Axis Bank has a beta less than 1, indicating that it is less volatile compa
- ICICI Bank has a beta close to 1, suggesting it is more volatile than the a
5. Annual Variance and Risk:
- ICICI Bank has the lowest annual variance and risk between both the op
Suggested Approach:
Considering the provided data and analysis, here's a detailed approach to
1. Risk Appetite: If you have a lower risk appetite and prefer stability in re
2. Diversification: If you're looking to diversify your portfolio and already h
3. Market Conditions: Consider the current market conditions and your ou
 999.200012 -0.004284990533134
1009.950012 0.0107586067563018 4. Long-Term vs. Short-Term: If you're a long-term investor, ICICI Bank's hi
1024 0.0139115677341068
1010.700012 -0.01298826953125 5. Sector Analysis: Evaluate the overall performance and prospects of the
1023.25 0.0124171246175863
1061.300049 0.0371854864402638 In summary, while both Axis Bank and ICICI Bank offer investment opportu
1086.900024 0.0241213359258029
1087.949951 0.00096598304978971
1083.949951 -0.0036766397170415
1090.199951 0.00576594887451589

0.00536512009868577
27.90%
0.00039729347006154
2.07%
14.37%
0.0199322219047836
14.37%
0.52
0.922585405147144
 ICICI BANK
27.90%
14.37%

GH BETA VALUE

MARKET BETA

tion of which stock to invest between Axis Bank and ICICI Bank:

mparable average weekly returns, with Axis Bank slightly edging out ICICI Bank.
te high, with ICICI Bank showing the highest annual return.

standard deviation compared to ICICI Bank, indicating higher volatility and risk associated with Axis Bank's stock.
iation among the three, suggesting relatively lower risk.

move in relation to each other. A higher covariance indicates a stronger relationship in movement between the stocks.
market (Nifty) is higher compared to Axis Bank, suggesting that ICICI Bank's stock movements are more aligned with the overall market.

k's returns to changes in the market returns. A beta of 1 indicates that the stock's price moves with the market.
ating that it is less volatile compared to the overall market.
ting it is more volatile than the axis bank and is more aligned with nifty.

nce and risk between both the options, indicating it is the least risky investment option.

is, here's a detailed approach to suggest which stock to invest in:

appetite and prefer stability in returns, ICICI Bank appears to be a better choice due to its lower volatility, standard deviation, and risk.

rsify your portfolio and already have exposure to high-risk assets, investing in Axis Bank can provide diversification benefits, albeit with

nt market conditions and your outlook on future economic trends. If you anticipate high market volatility, investing in the less volatile o
ong-term investor, ICICI Bank's higher beta may not be a significant concern, especially if you believe in the long-term growth prospects

rformance and prospects of the banking sector. Analyze factors such as regulatory environment, interest rates, and competition that co

CI Bank offer investment opportunities, the choice ultimately depends on your individual risk tolerance, investment goals, and market o
 the stocks.
ned with the overall market.

andard deviation, and risk.

ification benefits, albeit with higher risk.

nvesting in the less volatile option, which is ICICI Bank in this case, might be prudent.
long-term growth prospects of the company. However, if you're more focused on short-term gains, Axis Bank's lower volatility might be

ates, and competition that could impact both Axis Bank and ICICI Bank.

estment goals, and market outlook. If stability and lower risk are your priorities, ICICI Bank seems to be the better option based on the
ank's lower volatility might be preferable.

he better option based on the provided data. However, if you're comfortable with higher risk and potential for higher returns, Axis Bank
l for higher returns, Axis Bank could also be considered, especially for diversification purposes. Always ensure to conduct thorough rese
ure to conduct thorough research and consult with a financial advisor before making any investment decisions.