Beta in practice or Beta practical
Beta part 3: USING BETA FOR EARNING PROFIT Please read previous beta posts(PLEASE VIEW IN DESKTOP MODE FOR BETTER ANALYSIS) Portfolio beta Beta part-2 Beta is a statistical tool which tells us how how a share price of the company would move if market moves in particular directions.( Now let us Learn to Earn from Beta tools here are two positions taken by me in equity market (cash market) :- Example 1 I have bought these shares on 12-03-2020 and sold on 13-03-2020. Buy price is price as on 12-03-2020 and selling price as on 13-03-2020 COMPANY NAME BUY PRICE QTY BUY AMOUNT SELL PRICE SELL AMOUNT bajaj-auto 2398.71 250 599677.5 2388.1 597025 cipla 394.28 1000 394280 431.2 431200 HINDUNILIVER 2059.83 250 514957.5 2098.68 524670 BHARTI AIRTEL 469.8 500 234900 500.65 250325 TCS 1805.21 250 451302.5 1790.55 447637.5 ITC