2 publications

• Published Subscription 19 Apr 2019

  Canonical Relationship between Indian Stock Price Index and Exchange Rates

  By Rajarathinam A., Balamurugan D., Manikandan B.

  Abstract: In this study we have investigated the canonical relationship between stock prices and exchange rates of the emerging Indian economy. We have considered monthly nominal exchange rate of US Dollar, Pound, Euro, Japanese Yen and monthly values of BSE and NSE, stock price index for the period of 3rd January, 2000 to 15th November, 2017. The canonical correlations between the first and second pairs of canonical variate were found to …

  Published in Research & Reviews : Journal of Statistics · Vol. 8, Issue 1, 2019 · pp. 12–16 Read article →

• Published Subscription 9 Jul 2018

  Econometric Modeling for Oil Sectors Stock Prices Time Series Data

  By Balamurugan D., Manikandan B., Rajarathinam A.

  Abstract: This study examines the dynamic relationships of stock oil prices of different Indian oil sectors viz., Bharat Petroleum, Hindustan Oil Corporation and Oil and Natural Gas Corporation based on the different econometric models. Empirical result shows that the monthly oil prices are non-stationary and integrated of order one. Johanson procedure to test for the possibility of co-integration relationships result shows that there is no co-integration relationship. Since the variables are …

  Published in Research & Reviews : Journal of Statistics · Vol. 7, Issue 2, 2018 · pp. 27–34 Read article →