Colpal beta interpretation through excel

1. Assignment of Security
Analysis and Portfolio
Beta Interpretation of COLPAL
Analyze Beta interpretation for 1 year
Submitted by
Gunjesh Kumar
Roll no. 161217
Class :- M.B.A. (3B)
Submitted to
Dr. Anu Sahi

2. INTRODUCTION
The Colgate-Palmolive Company is an American worldwide consumer products company
focused on the production, distribution and provision of household, health care and personal care
products. Under its "Hill's Pet Nutrition" brand, it is also a manufacturer of veterinary products.
The company's corporate offices are on Park Avenue in Midtown Manhattan, New York City.
COMPANY PROFILE
 Colgate-Palmolive headquarters in Midtown Manhattan, New York City
 Company type is Public
 Traded as
 NYSE:CL
 S&P 100 Component
 S&P 500 Component
 Industry type Consumer goods
 Company founded on 1806 ; 211 years ago
 Founder of company William Colgate
 Headquarters 300 Park Avenue New York City , New York, United States
 Area served World Wide
 Key People Ian M. Cook(CEO)
 Products Cleaning agents Personal care products
 Revenue US$15.2 billion (2016)
 Operating income US$3.8 billion (2016)
 Net income US$2.4 billion (2016)
 Total assets US$12.1 billion (2016)
 Total equity US$-243 million (2016)
 Number of employees 36,700 (2016)
 Website www.colgatepalmolive.com

3. Calculation of Beta Interpretation
 I used Nifty 50 as a benchmark to analyze COLPAL
 I used duration of 1 year which is (22/9/2016 to 21/9/2017).
 To Beta interpretation used MS-Excel
 Formula used =slope(known y, known x)
Benchmark (Nifty 50) COLPAL
Date Close Daily Return % change Date Close Price Daily Return % change Beta 0.43
22-Sep-16 8867.45 22-Sep-16 975.2
23-Sep-16 8831.55 -0.40 23-Sep-16 978.75 0.36
26-Sep-16 8723.05 -1.23 26-Sep-16 973.65 -0.52
27-Sep-16 8706.4 -0.19 27-Sep-16 978.75 0.52
28-Sep-16 8745.15 0.45 28-Sep-16 974.95 -0.39
29-Sep-16 8591.25 -1.76 29-Sep-16 974.45 -0.05
30-Sep-16 8611.15 0.23 30-Sep-16 970.65 -0.39
3-Oct-16 8738.1 1.47 3-Oct-16 982.85 1.26
4-Oct-16 8769.15 0.36 4-Oct-16 979.95 -0.30
5-Oct-16 8743.95 -0.29 5-Oct-16 979.25 -0.07
6-Oct-16 8709.55 -0.39 6-Oct-16 976.9 -0.24
7-Oct-16 8697.6 -0.14 7-Oct-16 969.25 -0.78
10-Oct-16 8708.8 0.13 10-Oct-16 965.4 -0.40
13-Oct-16 8573.35 -1.56 13-Oct-16 932.7 -3.39
14-Oct-16 8583.4 0.12 14-Oct-16 920.45 -1.31
17-Oct-16 8520.4 -0.73 17-Oct-16 912.55 -0.86
18-Oct-16 8677.9 1.85 18-Oct-16 918.75 0.68
19-Oct-16 8659.1 -0.22 19-Oct-16 937.4 2.03
20-Oct-16 8699.4 0.47 20-Oct-16 943.95 0.70
21-Oct-16 8693.05 -0.07 21-Oct-16 954.6 1.13
24-Oct-16 8708.95 0.18 24-Oct-16 963.2 0.90
25-Oct-16 8691.3 -0.20 25-Oct-16 944.1 -1.98
26-Oct-16 8615.25 -0.88 26-Oct-16 926.95 -1.82
27-Oct-16 8615.25 0.00 27-Oct-16 936.2 1.00
28-Oct-16 8638 0.26 28-Oct-16 973.15 3.95
30-Oct-16 8625.7 -0.14 30-Oct-16 970.85 -0.24
1-Nov-16 8626.25 0.01 1-Nov-16 973.05 0.23
2-Nov-16 8514 -1.30 2-Nov-16 956.55 -1.70

4. 3-Nov-16 8484.95 -0.34 3-Nov-16 954.45 -0.22
4-Nov-16 8433.75 -0.60 4-Nov-16 984.15 3.11
7-Nov-16 8497.05 0.75 7-Nov-16 977 -0.73
8-Nov-16 8543.55 0.55 8-Nov-16 979.1 0.21
9-Nov-16 8432 -1.31 9-Nov-16 972.5 -0.67
10-Nov-16 8525.75 1.11 10-Nov-16 963.75 -0.90
11-Nov-16 8296.3 -2.69 11-Nov-16 949.05 -1.53
15-Nov-16 8108.45 -2.26 15-Nov-16 914.8 -3.61
16-Nov-16 8111.6 0.04 16-Nov-16 926.55 1.28
17-Nov-16 8079.95 -0.39 17-Nov-16 926.85 0.03
18-Nov-16 8074.1 -0.07 18-Nov-16 917.4 -1.02
21-Nov-16 7929.1 -1.80 21-Nov-16 886.65 -3.35
22-Nov-16 8002.3 0.92 22-Nov-16 903.6 1.91
23-Nov-16 8033.3 0.39 23-Nov-16 923.8 2.24
24-Nov-16 7965.5 -0.84 24-Nov-16 934.65 1.17
25-Nov-16 8114.3 1.87 25-Nov-16 924.15 -1.12
28-Nov-16 8126.9 0.16 28-Nov-16 932.95 0.95
29-Nov-16 8142.15 0.19 29-Nov-16 940.3 0.79
30-Nov-16 8224.5 1.01 30-Nov-16 933.7 -0.70
1-Dec-16 8192.9 -0.38 1-Dec-16 930.75 -0.32
2-Dec-16 8086.8 -1.30 2-Dec-16 927.4 -0.36
5-Dec-16 8128.75 0.52 5-Dec-16 924.55 -0.31
6-Dec-16 8143.15 0.18 6-Dec-16 923.7 -0.09
7-Dec-16 8102.05 -0.50 7-Dec-16 921.1 -0.28
8-Dec-16 8246.85 1.79 8-Dec-16 922.1 0.11
9-Dec-16 8261.75 0.18 9-Dec-16 920.25 -0.20
12-Dec-16 8170.8 -1.10 12-Dec-16 907.9 -1.34
13-Dec-16 8221.8 0.62 13-Dec-16 915.15 0.80
14-Dec-16 8182.45 -0.48 14-Dec-16 903.85 -1.23
15-Dec-16 8153.6 -0.35 15-Dec-16 909.9 0.67
16-Dec-16 8139.45 -0.17 16-Dec-16 910.2 0.03
19-Dec-16 8104.35 -0.43 19-Dec-16 909.95 -0.03
20-Dec-16 8082.4 -0.27 20-Dec-16 909.75 -0.02
21-Dec-16 8061.3 -0.26 21-Dec-16 906.1 -0.40
22-Dec-16 7979.1 -1.02 22-Dec-16 904.65 -0.16
23-Dec-16 7985.75 0.08 23-Dec-16 902.15 -0.28
26-Dec-16 7908.25 -0.97 26-Dec-16 895.55 -0.73
27-Dec-16 8032.85 1.58 27-Dec-16 886.1 -1.06
28-Dec-16 8034.85 0.02 28-Dec-16 890.9 0.54
29-Dec-16 8103.6 0.86 29-Dec-16 892 0.12
30-Dec-16 8185.8 1.01 30-Dec-16 904.6 1.41

5. 2-Jan-17 8179.5 -0.08 2-Jan-17 900.3 -0.48
3-Jan-17 8192.25 0.16 3-Jan-17 898.3 -0.22
4-Jan-17 8190.5 -0.02 4-Jan-17 897.65 -0.07
5-Jan-17 8273.8 1.02 5-Jan-17 898.65 0.11
6-Jan-17 8243.8 -0.36 6-Jan-17 899.15 0.06
9-Jan-17 8236.05 -0.09 9-Jan-17 893.55 -0.62
10-Jan-17 8288.6 0.64 10-Jan-17 891.9 -0.18
11-Jan-17 8380.65 1.11 11-Jan-17 895 0.35
12-Jan-17 8407.2 0.32 12-Jan-17 890.65 -0.49
13-Jan-17 8400.35 -0.08 13-Jan-17 899.35 0.98
16-Jan-17 8412.8 0.15 16-Jan-17 911 1.30
17-Jan-17 8398 -0.18 17-Jan-17 912.45 0.16
18-Jan-17 8417 0.23 18-Jan-17 915.35 0.32
19-Jan-17 8435.1 0.22 19-Jan-17 908.15 -0.79
20-Jan-17 8349.35 -1.02 20-Jan-17 902.35 -0.64
23-Jan-17 8391.5 0.50 23-Jan-17 903.55 0.13
24-Jan-17 8475.8 1.00 24-Jan-17 898.8 -0.53
25-Jan-17 8602.75 1.50 25-Jan-17 897.45 -0.15
27-Jan-17 8641.25 0.45 27-Jan-17 878.9 -2.07
30-Jan-17 8632.75 -0.10 30-Jan-17 885.65 0.77
31-Jan-17 8561.3 -0.83 31-Jan-17 887.65 0.23
1-Feb-17 8716.4 1.81 1-Feb-17 894.5 0.77
2-Feb-17 8734.25 0.20 2-Feb-17 905.65 1.25
3-Feb-17 8740.95 0.08 3-Feb-17 902.7 -0.33
6-Feb-17 8801.05 0.69 6-Feb-17 892.85 -1.09
7-Feb-17 8768.3 -0.37 7-Feb-17 893.15 0.03
8-Feb-17 8769.05 0.01 8-Feb-17 884.35 -0.99
9-Feb-17 8778.4 0.11 9-Feb-17 884.2 -0.02
10-Feb-17 8793.55 0.17 10-Feb-17 890.9 0.76
13-Feb-17 8805.05 0.13 13-Feb-17 889.55 -0.15
14-Feb-17 8792.3 -0.14 14-Feb-17 881.8 -0.87
15-Feb-17 8724.7 -0.77 15-Feb-17 883.15 0.15
16-Feb-17 8778 0.61 16-Feb-17 907.35 2.74
17-Feb-17 8821.7 0.50 17-Feb-17 911.5 0.46
20-Feb-17 8879.2 0.65 20-Feb-17 923.1 1.27
21-Feb-17 8907.85 0.32 21-Feb-17 913.55 -1.03
22-Feb-17 8926.9 0.21 22-Feb-17 899.85 -1.50
23-Feb-17 8939.5 0.14 23-Feb-17 893.2 -0.74
27-Feb-17 8896.7 -0.48 27-Feb-17 889.85 -0.38
28-Feb-17 8879.6 -0.19 28-Feb-17 900.25 1.17
1-Mar-17 8945.8 0.75 1-Mar-17 897.3 -0.33

6. 2-Mar-17 8899.75 -0.51 2-Mar-17 892.2 -0.57
3-Mar-17 8897.55 -0.02 3-Mar-17 910.35 2.03
6-Mar-17 8963.45 0.74 6-Mar-17 909.75 -0.07
7-Mar-17 8946.9 -0.18 7-Mar-17 927.3 1.93
8-Mar-17 8924.3 -0.25 8-Mar-17 933.75 0.70
9-Mar-17 8927 0.03 9-Mar-17 944.4 1.14
10-Mar-17 8934.55 0.08 10-Mar-17 946.1 0.18
14-Mar-17 9087 1.71 14-Mar-17 953.1 0.74
15-Mar-17 9084.8 -0.02 15-Mar-17 956.7 0.38
16-Mar-17 9153.7 0.76 16-Mar-17 978.7 2.30
17-Mar-17 9160.05 0.07 17-Mar-17 988.9 1.04
20-Mar-17 9126.85 -0.36 20-Mar-17 981.5 -0.75
21-Mar-17 9121.5 -0.06 21-Mar-17 980.65 -0.09
22-Mar-17 9030.45 -1.00 22-Mar-17 980.15 -0.05
23-Mar-17 9086.3 0.62 23-Mar-17 981.6 0.15
24-Mar-17 9108 0.24 24-Mar-17 979.9 -0.17
27-Mar-17 9045.2 -0.69 27-Mar-17 983.1 0.33
28-Mar-17 9100.8 0.61 28-Mar-17 987.55 0.45
29-Mar-17 9143.8 0.47 29-Mar-17 991.2 0.37
30-Mar-17 9173.75 0.33 30-Mar-17 1008.1 1.71
31-Mar-17 9173.75 0.00 31-Mar-17 995.5 -1.25
3-Apr-17 9237.85 0.70 3-Apr-17 1006.6 1.12
5-Apr-17 9265.15 0.30 5-Apr-17 1002.7 -0.39
6-Apr-17 9261.95 -0.03 6-Apr-17 1006.15 0.34
7-Apr-17 9198.3 -0.69 7-Apr-17 1011.25 0.51
10-Apr-17 9181.45 -0.18 10-Apr-17 1015.25 0.40
11-Apr-17 9237 0.61 11-Apr-17 1021.05 0.57
12-Apr-17 9203.45 -0.36 12-Apr-17 1022.15 0.11
13-Apr-17 9150.8 -0.57 13-Apr-17 1015.35 -0.67
17-Apr-17 9139.3 -0.13 17-Apr-17 1002.65 -1.25
18-Apr-17 9105.15 -0.37 18-Apr-17 990.4 -1.22
19-Apr-17 9103.5 -0.02 19-Apr-17 989.05 -0.14
20-Apr-17 9136.4 0.36 20-Apr-17 1006.5 1.76
21-Apr-17 9119.4 -0.19 21-Apr-17 1032.95 2.63
24-Apr-17 9217.95 1.08 24-Apr-17 1036.35 0.33
25-Apr-17 9306.6 0.96 25-Apr-17 1040.7 0.42
26-Apr-17 9351.85 0.49 26-Apr-17 1040.45 -0.02
27-Apr-17 9342.15 -0.10 27-Apr-17 1035.4 -0.49
28-Apr-17 9304.05 -0.41 28-Apr-17 1035.75 0.03
2-May-17 9313.8 0.10 2-May-17 1033.45 -0.22
3-May-17 9311.95 -0.02 3-May-17 1037.3 0.37

7. 4-May-17 9359.9 0.51 4-May-17 1041.9 0.44
5-May-17 9285.3 -0.80 5-May-17 1012.95 -2.78
8-May-17 9314.05 0.31 8-May-17 986.15 -2.65
9-May-17 9316.85 0.03 9-May-17 1005.75 1.99
10-May-17 9407.3 0.97 10-May-17 1019.45 1.36
11-May-17 9422.4 0.16 11-May-17 1009.65 -0.96
12-May-17 9400.9 -0.23 12-May-17 1014.1 0.44
15-May-17 9445.4 0.47 15-May-17 994.35 -1.95
16-May-17 9512.25 0.71 16-May-17 976.6 -1.79
17-May-17 9525.75 0.14 17-May-17 976.5 -0.01
18-May-17 9429.45 -1.01 18-May-17 980 0.36
19-May-17 9427.9 -0.02 19-May-17 1016.4 3.71
22-May-17 9438.25 0.11 22-May-17 1003.6 -1.26
23-May-17 9386.15 -0.55 23-May-17 987.1 -1.64
24-May-17 9360.55 -0.27 24-May-17 989.9 0.28
25-May-17 9509.75 1.59 25-May-17 980.05 -1.00
26-May-17 9595.1 0.90 26-May-17 1000.6 2.10
29-May-17 9604.9 0.10 29-May-17 1019.5 1.89
30-May-17 9624.55 0.20 30-May-17 1012.45 -0.69
31-May-17 9621.25 -0.03 31-May-17 1014.55 0.21
1-Jun-17 9616.1 -0.05 1-Jun-17 1036.3 2.14
2-Jun-17 9653.5 0.39 2-Jun-17 1025.95 -1.00
5-Jun-17 9675.1 0.22 5-Jun-17 1020.75 -0.51
6-Jun-17 9637.15 -0.39 6-Jun-17 1027.05 0.62
7-Jun-17 9663.9 0.28 7-Jun-17 1066.1 3.80
8-Jun-17 9647.25 -0.17 8-Jun-17 1076.35 0.96
9-Jun-17 9668.25 0.22 9-Jun-17 1076.25 -0.01
12-Jun-17 9616.4 -0.54 12-Jun-17 1081.05 0.45
13-Jun-17 9606.9 -0.10 13-Jun-17 1070.3 -0.99
14-Jun-17 9618.15 0.12 14-Jun-17 1072.9 0.24
15-Jun-17 9578.05 -0.42 15-Jun-17 1078.75 0.55
16-Jun-17 9588.05 0.10 16-Jun-17 1094.75 1.48
19-Jun-17 9657.55 0.72 19-Jun-17 1098.95 0.38
20-Jun-17 9653.5 -0.04 20-Jun-17 1081.75 -1.57
21-Jun-17 9633.6 -0.21 21-Jun-17 1101.95 1.87
22-Jun-17 9630 -0.04 22-Jun-17 1103.1 0.10
23-Jun-17 9574.95 -0.57 23-Jun-17 1111.3 0.74
27-Jun-17 9511.4 -0.66 27-Jun-17 1093.8 -1.57
28-Jun-17 9491.25 -0.21 28-Jun-17 1088.45 -0.49
29-Jun-17 9504.1 0.14 29-Jun-17 1087.15 -0.12
30-Jun-17 9520.9 0.18 30-Jun-17 1110.85 2.18

8. 3-Jul-17 9615 0.99 3-Jul-17 1133.4 2.03
4-Jul-17 9613.3 -0.02 4-Jul-17 1119.35 -1.24
5-Jul-17 9637.6 0.25 5-Jul-17 1113.6 -0.51
6-Jul-17 9674.55 0.38 6-Jul-17 1106.05 -0.68
7-Jul-17 9665.8 -0.09 7-Jul-17 1088.7 -1.57
10-Jul-17 9771.05 1.09 10-Jul-17 1094.4 0.52
11-Jul-17 9786.05 0.15 11-Jul-17 1079.05 -1.40
12-Jul-17 9816.1 0.31 12-Jul-17 1077.1 -0.18
13-Jul-17 9891.7 0.77 13-Jul-17 1074.9 -0.20
14-Jul-17 9886.35 -0.05 14-Jul-17 1069.4 -0.51
17-Jul-17 9915.95 0.30 17-Jul-17 1070.8 0.13
18-Jul-17 9827.15 -0.90 18-Jul-17 1073.2 0.22
19-Jul-17 9899.6 0.74 19-Jul-17 1071.35 -0.17
20-Jul-17 9873.3 -0.27 20-Jul-17 1062.9 -0.79
21-Jul-17 9915.25 0.42 21-Jul-17 1069.2 0.59
24-Jul-17 9966.4 0.52 24-Jul-17 1069.9 0.07
25-Jul-17 9964.55 -0.02 25-Jul-17 1066.8 -0.29
26-Jul-17 10020.65 0.56 26-Jul-17 1065.7 -0.10
27-Jul-17 10020.55 0.00 27-Jul-17 1077.65 1.12
28-Jul-17 10014.5 -0.06 28-Jul-17 1070.75 -0.64
31-Jul-17 10077.1 0.63 31-Jul-17 1079.55 0.82
1-Aug-17 10114.65 0.37 1-Aug-17 1069.75 -0.91
2-Aug-17 10081.5 -0.33 2-Aug-17 1039.25 -2.85
3-Aug-17 10013.65 -0.67 3-Aug-17 1083.3 4.24
4-Aug-17 10066.4 0.53 4-Aug-17 1073.5 -0.90
7-Aug-17 10057.4 -0.09 7-Aug-17 1071.85 -0.15
8-Aug-17 9978.55 -0.78 8-Aug-17 1066.85 -0.47
9-Aug-17 9908.05 -0.71 9-Aug-17 1056.75 -0.95
10-Aug-17 9820.25 -0.89 10-Aug-17 1054.65 -0.20
11-Aug-17 9710.8 -1.11 11-Aug-17 1047.25 -0.70
14-Aug-17 9794.15 0.86 14-Aug-17 1047.1 -0.01
16-Aug-17 9897.3 1.05 16-Aug-17 1066.8 1.88
17-Aug-17 9904.15 0.07 17-Aug-17 1059.65 -0.67
18-Aug-17 9837.4 -0.67 18-Aug-17 1074.2 1.37
21-Aug-17 9754.35 -0.84 21-Aug-17 1080.45 0.58
22-Aug-17 9765.55 0.11 22-Aug-17 1084.75 0.40
23-Aug-17 9852.5 0.89 23-Aug-17 1087.15 0.22
24-Aug-17 9857.05 0.05 24-Aug-17 1093.75 0.61
28-Aug-17 9912.8 0.57 28-Aug-17 1100.25 0.59
29-Aug-17 9796.05 -1.18 29-Aug-17 1096.8 -0.31
30-Aug-17 9884.4 0.90 30-Aug-17 1105.2 0.77

9. I got a Beta about 0.43 means its volatility is Stable
Result COLPAL movement in market is Stable
31-Aug-17 9917.9 0.34 31-Aug-17 1112.55 0.67
1-Sep-17 9974.4 0.57 1-Sep-17 1124.25 1.05
4-Sep-17 9912.85 -0.62 4-Sep-17 1112.05 -1.09
5-Sep-17 9952.2 0.40 5-Sep-17 1109.6 -0.22
6-Sep-17 9916.2 -0.36 6-Sep-17 1115.9 0.57
7-Sep-17 9929.9 0.14 7-Sep-17 1145.9 2.69
8-Sep-17 9934.8 0.05 8-Sep-17 1159 1.14
11-Sep-17 10006.05 0.72 11-Sep-17 1149.7 -0.80
12-Sep-17 10093.05 0.87 12-Sep-17 1157.45 0.67
13-Sep-17 10079.3 -0.14 13-Sep-17 1147.5 -0.86
14-Sep-17 10086.6 0.07 14-Sep-17 1141.6 -0.51
15-Sep-17 10085.4 -0.01 15-Sep-17 1137.6 -0.35
18-Sep-17 10153.1 0.67 18-Sep-17 1139.6 0.18
19-Sep-17 10147.55 -0.05 19-Sep-17 1144.05 0.39
20-Sep-17 10141.15 -0.06 20-Sep-17 1137.15 -0.60
21-Sep-17 10121.9 -0.19 21-Sep-17 1117.35 -1.74