Compare the selected stock (Paladin Energy LtdPDN-AU: ASX) ' s beta, alpha, and R 2 over the same three periods (1-year, 3-year, and 5-year periods) with one of its peers (VUL: AUASE Vulcan Energy Resources Ltd). Discuss observations.
(Paladin Energy LtdPDN-AU: ASX)
(VUL: AUASE Vulcan Energy Resources Ltd)
FD Y PDN AU A$ Market .805 ).75 18000 x 10000 Prev .785 Dep PDN AU Equity Indep AS51 Index Actions Edit Regression Analysis Data Last Price Data Last Price Wkly Linear Beta +/- Non-Param Reg On Percent 08/31/2020 - 08/31/2021 09/30/2019 - 09/30/2020 Lag 0 Winsorize 2 Std Dev Local 6M YTD 1Y 2Y SY Max Weekly >> R Statistics Transformations El Legend + Track Annotate Zoom Select ECopy Y = PALADIN ENERGY LTD X = S&P/ASX 200 INDEX Y 1.429 X + 2.11/ Linear Beta Range 1 20- Raw BETA 1.429 15. Adjusted BETA 1.286 ALPHA (Intercept) 2.117 10- R^2 (Correlation 2) 0.055 R (Correlation) 0.235 Std Dev of Error 10.401 5. Std Error of ALPHA 1.511 Std Error of BETA 0.844 10. t-Test 1.694 Significance 0.097 -20 Last T-Value 0.995 Last P-value 0.838 Number of Points 51 Last Spread 7487.81 AS57 Irl-Peel Last Ratio 0.000 5. SC Equity-Percent () -15 0,60 7500 0.56 17000 0.40 0.360500- 0.20 6000 0.102 1994 Weekly: 00/04/20 - 08/27/21 PON AU Fquity 0.476 A351 Inder7408.2007 1999 2004 2009 2014 2019 Australia 61 2_9777 8600 Brazil 5511 2395 9000 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000 Japan 81 3 4565 8900 Singapore 65 6212 1000 U.S. 1 212 318 2000 SN 873311 NZDT GMT+13:00 H426-1203-173 30-Sep-2021 10:58:32 Y PCV. Equity-Pecant PDN AU A$ Market .805 ).75 18000 x 10000 09 Prev .785 Dep PDN AU Equity Indep AS51 Index Actions Edit Regression Analysis Data Last Price Data Last Price Wkly Linear Beta +/- Non-Param Reg On Percent 08/31/2018 - 08/31/2021 09/30/2019 - 09/30/2020 Lag 0 Winsorize 2 Std Dev Local 6M YTD 1Y 2Y SY Max Weekly >> R Statistics Transformations El Legend + Track Annotate Q Zoom Select ECopy Y = PALADIN ENERGY LTD 15 X = S&P/ASX 200 INDEX Y 2.040 X+0.989 Linear Beta Range 1 Raw BETA 2.040 Adjusted BETA 1.694 ALPHA (Intercept) 0.889 R^2 (Correlation 2) 0.206 R (Correlation) 0.454 Std Dev of Error 9.918 Std Error of ALPHA 0.795 Std Error of BETA 0.323 t-Test 6.319 Significance 0.000 Last T-Value 1.151 Last P-value 0.874 Number of Points 156 -12 - 2 2 Last Spread 7487.81 ASS1 Ink-Pern Last Ratio 0.000 -10 0,607500 0.50- 9000 0.40.500 0.300000 why 0.20 5500 0.10- 5000 0.00 1994 Week: 08/31/08/27/21 PON AU Equity 0.475 ASSI Index 7485,2861 1999 2004 2009 2014 2019 Australia 61 2_9777 8600 Brazil 5511 2395 9000 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000 Japan 81 3 4565 8900 Singapore 65 6212 1000 U.S. 1 212 318 2000 SN 873311 NZDT GMT+13:00 H426-1203-173 30-Sep-2021 11:02:39 Y Annotate :31 PDN AU A$ Market .805 ).75 18000 x 10000 09 Prev .785 Dep PDN AU Equity Indep AS51 Index Actions Edit Regression Analysis Data Last Price Data Last Price Wkly Linear Beta +/- Non-Param Reg On Percent 08/31/2016 - 08/31/2021 09/30/2019- 09/30/2020 Lag 0 Winsorize 2 Std Dev Local 6M YTD 1Y 2Y SY Max Weekly >> R Statistics Transformations El Legend + Track Zoom Select ECopy Y = PALADIN ENERGY LTD X = S&P/ASX 200 INDEX 50 Y 1.861 X 0.643 Linear Beta Range 1 40) Raw BETA 1.861 Adjusted BETA 1.574 20. ALPHA (Intercept) 0.643 R*2 (Correlation 2) 0.104 10- R (Correlation) 0.323 0. Std Dev of Error 12.056 -10 Std Error of ALPHA 0.823 Std Error of BETA 0.373 t-Test 4.986 -30 Significance 0.000 40 Last T-Value 0.974 Last P-value 0.834 Number of Points 216 -12 -7 0 2 Last Spread 7487.81 AS57 Irl-Peel Last Ratio 0.000 PCV. Equity-Pecant -10 0,607500 0.50- 7000 0.40.500 wwhy 0.30 8000 0.20 5500 0.10- 5000 0.00 1994 Weekly: 09/02/16 - 08/27/21 PON AT Equity 0.475 ASSI Index 7488.2861 1999 2004 2009 2014 2019 Australia 61 2_9777 8600 Brazil 5511 2395 9000 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000 Japan 81 3 4565 8900 Singapore 65 6212 1000 U.S. 1 212 318 2000 SN 873311 NZDT GMT+13:00 H426-1203-173 30-Sep-2021 11:04:38 Y VL. Ju'y-Serder: VUL AU A$ Market 13.10 /12.70 500x500 FO Prev 12.82 Dep VUL AU Equity Indep AS51 Index Actions Edit Regression Analysis Data Last Price Data Last Price Wkly Linear Beta +/- Non-Param Reg On Percent 08/31/2020 - 08/31/2021 09/30/2019 - 09/30/2020 Lag 0 Winsorize 2 Std Dev Local 6M YTD 1Y 2Y SY Max Weekly >> R Statistics Transformations El Legend Track Annotate Q Zoom Select ECopy Y = VULCAN ENERGY RESOURCES LTD GO. X = S&P/ASX 200 INDEX Y 2./13 X 5.941 Linear Beta Range 1 50) Raw BETA 2.718 40. Adjusted BETA 2.146 ALPHA (Intercept) 5.941 30- R^2 (Correlation 2) 0.071 2) R (Correlation) 0.267 Std Dev of Error 17.288 10. Std Error of ALPHA 2.511 0- Std Error of BETA 1.403 t-Test 1.938 -76). Significance 0.058 20 Last T-Value 0.000 Last P-value 0.500 Number of Points 51 0 6 Last Spread 7475.35 AS57 Irl-Peel Last Ratio 0.002 14.00 7500 12.00 20.007000 8.00 6.00 6500 4,00 2.00-0000 0.00 Jun Weekly: 00/04/20 - 08/27/21 VULAU Equity 12.04 ASST ex74852801 Sep Dec 18 Mar Jun Sep Dec 19 Mar Jun Sep Dec20 Mar Jun Australia 61 2_9777 8600 Brazil 5511 2395 9000 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000 Japan 81 3 4565 8900 Singapore 65 6212 1000 0.5. 1 213 318 2000 Copyright 2021 Bloomberg Finance L.P. SN 873311 NZDT GMT+13:00 H426-1203-173 30-Sep-2021 11:11:41 Y VUL AU A$ Market 13.10 /12.70 500x500 FO Prev 12.82 Dep VUL AU Equity Indep AS51 Index Actions Edit Regression Analysis Data Last Price Data Last Price Wkly Linear Beta +/- Non-Param Reg On Percent 08/31/2018 - 08/31/2021 09/30/2019 - 09/30/2020 Lag 0 Winsorize 2 Std Dev Local 6M YTD 1Y 2Y SY Max Weekly >> R Statistics Transformations El Legend Track Annotate Q Zoom Select Ecopy Y = VULCAN ENERGY RESOURCES LTD GO. X = S&P/ASX 200 INDEX Y 1.404 X+3.43/ Linear Beta 50) Range 1 Raw BETA 40- 1.484 Adjusted BETA 1.322 330) ALPHA (Intercept) 3.437 20 R^2 (Correlation 2) 0.064 10) R (Correlation) 0.253 Std Dev of Error 0 14.173 Std Error of ALPHA 1.159 - 10- Std Error of BETA 0.466 20 t-Test 3.186 30. Significance 0.002 Last T-Value 0.208 Last P-value 0.582 Number of Points 150 -12 -8 -7 0 2 Last Spread 7475.35 ASS1 Iren-Per Last Ratio 0.002 c-.ntprin 14.00 7500 12.00 97000 10,00 8.0000- 0.000000 4,00 5500 2.00- 5000 0.00- JUR Weekly: 08/31/13 - 08/27/21 VUL AU Equity 12.04 AGS1 Index7488.261 Sep Dec 18 Mar Jun Sep Dec 19 Mar Jun Sep Dec20 Mar Jun Australia 61 2_9777 8600 Brazil 5511 2395 9000 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000 Japan 81 3 4565 8900 Singapore 65 6212 1000 U.S. 1 212 318 2000 SN 873311 NZDT GMT+13:00 H426-1203-173 30-Sep-2021 11:12:56 Y VUL AU A$ Market 13.10 /12.70 500x500 FO Prev 12.82 Dep VUL AU Equity Indep AS51 Index Actions Edit Regression Analysis Data Last Price Data Last Price Wkly Linear Beta +/- Non-Param Reg On Percent 08/31/2016 - 08/31/2021 09/30/2019 - 09/30/2020 Lag 0 Winsorize 2 Std Dev Local 6M YTD 1Y 2Y SY Max Weekly >> R Statistics Transformations El Legend + Track Annotate Zoom Select Ecopy Y = VULCAN ENERGY RESOURCES LTD GO X = S&P/ASX 200 INDEX Y 1.446 X 3.090 Linear Beta 50) Range 1 Raw BETA 40- 1.446 Adjusted BETA 1.297 330) ALPHA (Intercept) 3.090 20. R^2 (Correlation 2) 0.061 70) - R (Correlation) 0.247 Std Dev of Error 0 13.692 Std Error of ALPHA 1.075 - 10 Std Error of BETA 0.447 20 t-Test 3.236 30. Significance 0.001 Last T-Value 0.242 Last P-value 0.595 Number of Points 163 -12 -8 -7 0 2 Last Spread 7475.35 ASS1 Ink-Pern Last Ratio 0.002 c-.ntir" -10 14.00 7500 12.00 97000 10.00 - 8.00 6500 0.000000 4.00 5500 2.00 5000 0.00- JUR Weekly: 06/01/18 - 08/27/21 VUL AU Equity 12.04 ASS1 Index7481261 Sep Dec 18 Mar Jun Sep Dec 19 Mar Jun Sep Dec20 Mar Jun Australia 61 2_9777 8600 Brazil 5511 2395 9000 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000 Japan 81 3 4565 8900 Singapore 65 6212 1000 U.S. 1 212 318 2000 SN 873311 NZDT GMT+13:00 H426-1203-173 30-Sep-2021 11:13:31 FD Y PDN AU A$ Market .805 ).75 18000 x 10000 Prev .785 Dep PDN AU Equity Indep AS51 Index Actions Edit Regression Analysis Data Last Price Data Last Price Wkly Linear Beta +/- Non-Param Reg On Percent 08/31/2020 - 08/31/2021 09/30/2019 - 09/30/2020 Lag 0 Winsorize 2 Std Dev Local 6M YTD 1Y 2Y SY Max Weekly >> R Statistics Transformations El Legend + Track Annotate Zoom Select ECopy Y = PALADIN ENERGY LTD X = S&P/ASX 200 INDEX Y 1.429 X + 2.11/ Linear Beta Range 1 20- Raw BETA 1.429 15. Adjusted BETA 1.286 ALPHA (Intercept) 2.117 10- R^2 (Correlation 2) 0.055 R (Correlation) 0.235 Std Dev of Error 10.401 5. Std Error of ALPHA 1.511 Std Error of BETA 0.844 10. t-Test 1.694 Significance 0.097 -20 Last T-Value 0.995 Last P-value 0.838 Number of Points 51 Last Spread 7487.81 AS57 Irl-Peel Last Ratio 0.000 5. SC Equity-Percent () -15 0,60 7500 0.56 17000 0.40 0.360500- 0.20 6000 0.102 1994 Weekly: 00/04/20 - 08/27/21 PON AU Fquity 0.476 A351 Inder7408.2007 1999 2004 2009 2014 2019 Australia 61 2_9777 8600 Brazil 5511 2395 9000 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000 Japan 81 3 4565 8900 Singapore 65 6212 1000 U.S. 1 212 318 2000 SN 873311 NZDT GMT+13:00 H426-1203-173 30-Sep-2021 10:58:32 Y PCV. Equity-Pecant PDN AU A$ Market .805 ).75 18000 x 10000 09 Prev .785 Dep PDN AU Equity Indep AS51 Index Actions Edit Regression Analysis Data Last Price Data Last Price Wkly Linear Beta +/- Non-Param Reg On Percent 08/31/2018 - 08/31/2021 09/30/2019 - 09/30/2020 Lag 0 Winsorize 2 Std Dev Local 6M YTD 1Y 2Y SY Max Weekly >> R Statistics Transformations El Legend + Track Annotate Q Zoom Select ECopy Y = PALADIN ENERGY LTD 15 X = S&P/ASX 200 INDEX Y 2.040 X+0.989 Linear Beta Range 1 Raw BETA 2.040 Adjusted BETA 1.694 ALPHA (Intercept) 0.889 R^2 (Correlation 2) 0.206 R (Correlation) 0.454 Std Dev of Error 9.918 Std Error of ALPHA 0.795 Std Error of BETA 0.323 t-Test 6.319 Significance 0.000 Last T-Value 1.151 Last P-value 0.874 Number of Points 156 -12 - 2 2 Last Spread 7487.81 ASS1 Ink-Pern Last Ratio 0.000 -10 0,607500 0.50- 9000 0.40.500 0.300000 why 0.20 5500 0.10- 5000 0.00 1994 Week: 08/31/08/27/21 PON AU Equity 0.475 ASSI Index 7485,2861 1999 2004 2009 2014 2019 Australia 61 2_9777 8600 Brazil 5511 2395 9000 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000 Japan 81 3 4565 8900 Singapore 65 6212 1000 U.S. 1 212 318 2000 SN 873311 NZDT GMT+13:00 H426-1203-173 30-Sep-2021 11:02:39 Y Annotate :31 PDN AU A$ Market .805 ).75 18000 x 10000 09 Prev .785 Dep PDN AU Equity Indep AS51 Index Actions Edit Regression Analysis Data Last Price Data Last Price Wkly Linear Beta +/- Non-Param Reg On Percent 08/31/2016 - 08/31/2021 09/30/2019- 09/30/2020 Lag 0 Winsorize 2 Std Dev Local 6M YTD 1Y 2Y SY Max Weekly >> R Statistics Transformations El Legend + Track Zoom Select ECopy Y = PALADIN ENERGY LTD X = S&P/ASX 200 INDEX 50 Y 1.861 X 0.643 Linear Beta Range 1 40) Raw BETA 1.861 Adjusted BETA 1.574 20. ALPHA (Intercept) 0.643 R*2 (Correlation 2) 0.104 10- R (Correlation) 0.323 0. Std Dev of Error 12.056 -10 Std Error of ALPHA 0.823 Std Error of BETA 0.373 t-Test 4.986 -30 Significance 0.000 40 Last T-Value 0.974 Last P-value 0.834 Number of Points 216 -12 -7 0 2 Last Spread 7487.81 AS57 Irl-Peel Last Ratio 0.000 PCV. Equity-Pecant -10 0,607500 0.50- 7000 0.40.500 wwhy 0.30 8000 0.20 5500 0.10- 5000 0.00 1994 Weekly: 09/02/16 - 08/27/21 PON AT Equity 0.475 ASSI Index 7488.2861 1999 2004 2009 2014 2019 Australia 61 2_9777 8600 Brazil 5511 2395 9000 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000 Japan 81 3 4565 8900 Singapore 65 6212 1000 U.S. 1 212 318 2000 SN 873311 NZDT GMT+13:00 H426-1203-173 30-Sep-2021 11:04:38 Y VL. Ju'y-Serder: VUL AU A$ Market 13.10 /12.70 500x500 FO Prev 12.82 Dep VUL AU Equity Indep AS51 Index Actions Edit Regression Analysis Data Last Price Data Last Price Wkly Linear Beta +/- Non-Param Reg On Percent 08/31/2020 - 08/31/2021 09/30/2019 - 09/30/2020 Lag 0 Winsorize 2 Std Dev Local 6M YTD 1Y 2Y SY Max Weekly >> R Statistics Transformations El Legend Track Annotate Q Zoom Select ECopy Y = VULCAN ENERGY RESOURCES LTD GO. X = S&P/ASX 200 INDEX Y 2./13 X 5.941 Linear Beta Range 1 50) Raw BETA 2.718 40. Adjusted BETA 2.146 ALPHA (Intercept) 5.941 30- R^2 (Correlation 2) 0.071 2) R (Correlation) 0.267 Std Dev of Error 17.288 10. Std Error of ALPHA 2.511 0- Std Error of BETA 1.403 t-Test 1.938 -76). Significance 0.058 20 Last T-Value 0.000 Last P-value 0.500 Number of Points 51 0 6 Last Spread 7475.35 AS57 Irl-Peel Last Ratio 0.002 14.00 7500 12.00 20.007000 8.00 6.00 6500 4,00 2.00-0000 0.00 Jun Weekly: 00/04/20 - 08/27/21 VULAU Equity 12.04 ASST ex74852801 Sep Dec 18 Mar Jun Sep Dec 19 Mar Jun Sep Dec20 Mar Jun Australia 61 2_9777 8600 Brazil 5511 2395 9000 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000 Japan 81 3 4565 8900 Singapore 65 6212 1000 0.5. 1 213 318 2000 Copyright 2021 Bloomberg Finance L.P. SN 873311 NZDT GMT+13:00 H426-1203-173 30-Sep-2021 11:11:41 Y VUL AU A$ Market 13.10 /12.70 500x500 FO Prev 12.82 Dep VUL AU Equity Indep AS51 Index Actions Edit Regression Analysis Data Last Price Data Last Price Wkly Linear Beta +/- Non-Param Reg On Percent 08/31/2018 - 08/31/2021 09/30/2019 - 09/30/2020 Lag 0 Winsorize 2 Std Dev Local 6M YTD 1Y 2Y SY Max Weekly >> R Statistics Transformations El Legend Track Annotate Q Zoom Select Ecopy Y = VULCAN ENERGY RESOURCES LTD GO. X = S&P/ASX 200 INDEX Y 1.404 X+3.43/ Linear Beta 50) Range 1 Raw BETA 40- 1.484 Adjusted BETA 1.322 330) ALPHA (Intercept) 3.437 20 R^2 (Correlation 2) 0.064 10) R (Correlation) 0.253 Std Dev of Error 0 14.173 Std Error of ALPHA 1.159 - 10- Std Error of BETA 0.466 20 t-Test 3.186 30. Significance 0.002 Last T-Value 0.208 Last P-value 0.582 Number of Points 150 -12 -8 -7 0 2 Last Spread 7475.35 ASS1 Iren-Per Last Ratio 0.002 c-.ntprin 14.00 7500 12.00 97000 10,00 8.0000- 0.000000 4,00 5500 2.00- 5000 0.00- JUR Weekly: 08/31/13 - 08/27/21 VUL AU Equity 12.04 AGS1 Index7488.261 Sep Dec 18 Mar Jun Sep Dec 19 Mar Jun Sep Dec20 Mar Jun Australia 61 2_9777 8600 Brazil 5511 2395 9000 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000 Japan 81 3 4565 8900 Singapore 65 6212 1000 U.S. 1 212 318 2000 SN 873311 NZDT GMT+13:00 H426-1203-173 30-Sep-2021 11:12:56 Y VUL AU A$ Market 13.10 /12.70 500x500 FO Prev 12.82 Dep VUL AU Equity Indep AS51 Index Actions Edit Regression Analysis Data Last Price Data Last Price Wkly Linear Beta +/- Non-Param Reg On Percent 08/31/2016 - 08/31/2021 09/30/2019 - 09/30/2020 Lag 0 Winsorize 2 Std Dev Local 6M YTD 1Y 2Y SY Max Weekly >> R Statistics Transformations El Legend + Track Annotate Zoom Select Ecopy Y = VULCAN ENERGY RESOURCES LTD GO X = S&P/ASX 200 INDEX Y 1.446 X 3.090 Linear Beta 50) Range 1 Raw BETA 40- 1.446 Adjusted BETA 1.297 330) ALPHA (Intercept) 3.090 20. R^2 (Correlation 2) 0.061 70) - R (Correlation) 0.247 Std Dev of Error 0 13.692 Std Error of ALPHA 1.075 - 10 Std Error of BETA 0.447 20 t-Test 3.236 30. Significance 0.001 Last T-Value 0.242 Last P-value 0.595 Number of Points 163 -12 -8 -7 0 2 Last Spread 7475.35 ASS1 Ink-Pern Last Ratio 0.002 c-.ntir" -10 14.00 7500 12.00 97000 10.00 - 8.00 6500 0.000000 4.00 5500 2.00 5000 0.00- JUR Weekly: 06/01/18 - 08/27/21 VUL AU Equity 12.04 ASS1 Index7481261 Sep Dec 18 Mar Jun Sep Dec 19 Mar Jun Sep Dec20 Mar Jun Australia 61 2_9777 8600 Brazil 5511 2395 9000 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000 Japan 81 3 4565 8900 Singapore 65 6212 1000 U.S. 1 212 318 2000 SN 873311 NZDT GMT+13:00 H426-1203-173 30-Sep-2021 11:13:31
