SWOT ANALYSIS USING WEKA

Abstract

This paper analyses the risk return relationship of Indian equity markets,

S&P BSE Sensex and C&X Nifty, for the period 2008-2009 through 2017-2018. It uses the return variables like annualized main return, maximum return and minimum return. It also uses standard deviation, variance and coefficient of variation as the measures of risk factors. The results indicate that on an aggregate basis both the indices performed similar except in the year 2013-2014 in which C&X Nifty outperformed. The study also reveals that Indian equity markets yielded negative returns in the year 2008-2009 and rocketed in the subsequent year. The markets however again stooped in the subsequent year and remained stable over the next years. Analysis of variance (ANOVA) revealed that the relationship between the returns of the indices was positive and highly significant. The risk adjusted mean return of both the indices, as measured by coefficient of variation revealed that the markets generated more than one mean return per unit of standard deviation in four years out of ten in case of both sample indices.