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Comparative Analysis of Share

prices of Hotels in Nepal


Group

4 Section A

Objectives
To evaluate the descriptive statistics of share
prices of Oriental hotels limited, Soaltee hotel
limited, Yak & Yeti hotel limited and Taragaon
Regency hotels.
To determine the interval estimate of the share
prices of OHL, SHL, YHL and TRH for the month of
January.
To test whether the share price of SHL is more
than YHL.
To analyze whether the share prices of the hotel
industry are dependent to each other or not.
To test whether the variability of stock prices of
various hotels are same or not.

Descriptive Statistcis

Estimation
Interval

estimate can be
determined by
Estimated the price of stocks for
month of january wille be
Nrs. 408 to Nrs. 413 for OHL
Nrs. 319 to Nrs. 321 for SHL
Nrs. 302 to Nrs 309 for YHL
Nrs. 218 to Nrs. 218 for TRH

Two sample t - Test


Test

was done to check whether the


mean price of stocks of SHL is
really greater than SHL.
The Hypothesis were
Null hypothesis
Ho:
Alternate Hypothesis H1:
Level of sig. was 0.05 and degree of
freedom 9
Calculated t was 5.18 which was
greather than critical value of 2.26

Two sample t - Test


The

null hypothesis was rejected.

It

was concluded that the stock


price of SHL was significantly more
than the stock price of YHL.

This

proves the SHL is doing better


than YHL financially.

Test for Dependence


Chi

square test was done to check


whether the stock prices of various
hotels are dependent to each other
or not.
The following hypothesis were set
Null hypothesis
Ho: The share
prices of hotels are independent to
each other. Alternate Hypothesis
H1: The share prices of hotels are
dependent to each other.

Test for Dependence


Chi sq. was calculated which was
less than the critical value of chi
square.
Null hypothesis was not rejected
Shows the stock price of hotels are
not dependent.
This is because the stocks of each
hotel depends on their singular
performances even though they
have similar functions and similar
seasonal business.

Analysis of Variance
ANOVA

was carried to test whether


the variability of OHL and TRH are
same or not.
Hypothesis were set as
Ho: =
H1:
F test was done.

Analysis of Variance
The

calculated F was found to be


2.052 which belonged to the
acceptance region of the upper and
lower limit of tabular F
Hence Null hypothesis was not
rejected.
As the previous analysis the
variability of stock prices of OHL
and TRH were actually equal.

Conclusion
The

share prices of SHL is significantly


higher than the share price of YHL
The share prices of hotel sectors are
significantly independent on each other.
The population variability of share prices
of various hotel are same.

Thank You!!!

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