FOR CALCULATION OF VARIANCE

VALUES
DATE Deviation from mean Squared deviation
HDFC BANK(X) ICICI BANK(Y) HDFC BANK ICICI BANK HDFC BANK
10/24/2025 994 1,377.70 13.05 -38.47 170.32
10/23/2025 1,008.80 1,363.70 27.85 -52.47 775.65
10/21/2025 1,007.70 1,382.00 26.75 -34.17 715.59
10/20/2025 1,002.95 1,390.30 22.00 -25.87 484.03
10/17/2025 1,002.55 1,436.60 21.60 20.43 466.58
10/16/2025 994.35 1,417.30 13.40 1.13 179.58
10/15/2025 978.25 1,398.40 -2.70 -17.77 7.29
10/14/2025 977.15 1,384.10 -3.80 -32.07 14.44
10/13/2025 977 1,379.40 -3.95 -36.77 15.60
10/10/2025 980.9 1,380.30 -0.05 -35.87 0.00
10/9/2025 977.1 1,376.20 -3.85 -39.97 14.82
10/8/2025 978.7 1,370.30 -2.25 -45.87 5.06
10/7/2025 982.5 1,375.90 1.55 -40.27 2.40
10/6/2025 973.45 1,363.40 -7.50 -52.77 56.24
10/3/2025 965.15 1,365.20 -15.80 -50.97 249.62
10/1/2025 965.25 1,372.00 -15.70 -44.17 246.47
9/30/2025 951 1,348.00 -29.95 -68.17 896.97
9/29/2025 950.3 1,348.10 -30.65 -68.07 939.39
9/26/2025 945.05 1,359.60 -35.90 -56.57 1288.77
9/25/2025 949.85 1,375.80 -31.10 -40.37 967.17
9/24/2025 951.05 1,382.70 -29.90 -33.47 893.98
9/23/2025 957.2 1,394.30 -23.75 -21.87 564.04
9/22/2025 964.2 1,401.50 -16.75 -14.67 280.54
9/19/2025 966.9 1,402.20 -14.05 -13.97 197.39
9/18/2025 976.9 1,421.70 -4.05 5.53 16.40
9/17/2025 966.5 1,419.20 -14.45 3.03 208.79
9/16/2025 966.85 1,421.60 -14.10 5.43 198.79
9/15/2025 967.05 1,419.40 -13.90 3.23 193.19
9/12/2025 967.3 1,417.70 -13.65 1.53 186.31
9/11/2025 967.8 1,401.60 -13.15 -14.57 172.91
9/10/2025 965.9 1,403.90 -15.05 -12.27 226.49
9/9/2025 965.15 1,403.70 -15.80 -12.47 249.62
9/8/2025 966 1,402.70 -14.95 -13.47 223.49
9/5/2025 963.4 1,402.80 -17.55 -13.37 307.98
9/4/2025 961.25 1,405.50 -19.70 -10.67 388.07
9/3/2025 954.45 1,397.00 -26.50 -19.17 702.22
9/2/2025 944.5 1,394.20 -36.45 -21.97 1328.56
9/1/2025 950.6 1,411.00 -30.35 -5.17 921.09
8/29/2025 951.6 1,397.80 -29.35 -18.37 861.39
8/28/2025 957.8 1,399.10 -23.15 -17.07 535.90
8/26/2025 973.4 1,416.60 -7.55 0.43 56.99
8/25/2025 982.05 1,433.20 1.10 17.03 1.21
8/22/2025 982.3 1,436.40 1.35 20.23 1.82
8/21/2025 995.6 1,446.00 14.65 29.83 214.64
8/20/2025 994.1 1,430.60 13.15 14.43 172.94
 8/19/2025 995.55 1,436.30 14.60 20.13 213.18
8/18/2025 1,001.80 1,434.60 20.85 18.43 434.75
8/14/2025 995.55 1,427.30 14.60 11.13 213.18
8/13/2025 990.15 1,420.80 9.20 4.63 84.65
8/12/2025 984.95 1,422.00 4.00 5.83 16.00
8/11/2025 997.8 1,436.60 16.85 20.43 283.94
8/8/2025 986.95 1,435.90 6.00 19.73 36.01
8/7/2025 997.7 1,440.30 16.75 24.13 280.58
8/6/2025 992.65 1,443.60 11.70 27.43 136.90
8/5/2025 988.8 1,444.40 7.85 28.23 61.63
8/4/2025 996 1,463.20 15.05 47.03 226.52
8/1/2025 1,006.10 1,471.60 25.15 55.43 632.55
7/31/2025 1,009.10 1,481.40 28.15 65.23 792.45
7/30/2025 1,012.90 1,482.40 31.95 66.23 1020.84
7/29/2025 1,010.80 1,486.20 29.85 70.03 891.06
7/28/2025 1,004.25 1,488.40 23.30 72.23 542.92
7/25/2025 1,002.30 1,477.10 21.35 60.93 455.85
7/24/2025 1,004.60 1,483.40 23.65 67.23 559.35
7/23/2025 1,009.64 1,488.60 28.69 72.43 823.15
7/22/2025 1,001.06 1,473.60 20.11 57.43 404.44
7/21/2025 997.77 1,465.80 16.82 49.63 282.93
7/18/2025 976.27 1,425.80 -4.68 9.63 21.90
7/17/2025 990.98 1,418.70 10.03 2.53 100.61
7/16/2025 995.67 1,426.40 14.72 10.23 216.70
7/15/2025 995.27 1,430.80 14.32 14.63 205.08
SUM 68666.46 99131.9 0.00 0.00 25537.87
OF VARIANCE FOR MEDIAN FOR CORRELATION FOR REGRESSION
Squared deviation Ascending order sorted Product of mean Squared values
ICICI BANK HDFC BANK ICICI BANK deviations HDFC BANK(X²) ICICI BANK(Y²)
1479.94 944.5 1,348.00 -502.06 988036.00 1898057.29
2753.10 945.05 1,348.10 -1461.32 1017677.44 1859677.69
1167.59 949.85 1,359.60 -914.07 1015459.29 1909924.00
669.26 950.3 1,363.40 -569.15 1005908.70 1932934.09
417.38 950.6 1,363.70 441.30 1005106.50 2063819.56
1.28 951 1,365.20 15.14 988731.92 2008739.29
315.77 951.05 1,370.30 47.97 956973.06 1955522.56
1028.48 951.6 1,372.00 121.85 954822.12 1915732.81
1352.03 954.45 1,375.80 145.22 954529.00 1902744.36
1286.66 957.2 1,375.90 1.77 962164.81 1905228.09
1597.60 957.8 1,376.20 153.86 954724.41 1893926.44
2104.06 961.25 1,377.70 103.18 957853.69 1877722.09
1621.67 963.4 1,379.40 -62.44 965306.25 1893100.81
2784.67 964.2 1,380.30 395.74 947604.90 1858859.56
2597.94 965.15 1,382.00 805.30 931514.52 1863771.04
1950.99 965.15 1,382.70 693.44 931707.56 1882384.00
4647.15 965.25 1,384.10 2041.65 904401.00 1817104.00
4633.52 965.9 1,390.30 2086.31 903070.09 1817373.61
3200.16 966 1,394.20 2030.83 893119.50 1848512.16
1629.74 966.5 1,394.30 1255.48 902215.02 1892825.64
1120.24 966.85 1,397.00 1000.73 904496.10 1911859.29
478.30 966.9 1,397.80 519.40 916231.84 1944072.49
215.21 967.05 1,398.40 245.71 929681.64 1964202.25
195.16 967.3 1,399.10 196.27 934895.61 1966164.84
30.58 967.8 1,401.50 -22.39 954333.61 2021230.89
9.18 973.4 1,401.60 -43.78 934122.25 2014128.64
29.48 973.45 1,402.20 -76.56 934798.92 2020946.56
10.43 976.27 1,402.70 -44.90 935185.70 2014696.36
2.34 976.9 1,402.80 -20.88 935669.29 2009873.29
212.28 977 1,403.70 191.59 936636.84 1964482.56
150.55 977.1 1,403.90 184.66 932962.81 1970935.21
155.50 977.15 1,405.50 197.02 931514.52 1970373.69
181.44 978.25 1,411.00 201.37 933156.00 1967567.29
178.76 978.7 1,416.60 234.64 928139.56 1967847.84
113.85 980.9 1,417.30 210.19 924001.56 1975430.25
367.49 982.05 1,417.70 507.99 910974.80 1951609.00
482.68 982.3 1,418.70 800.79 892080.25 1943793.64
26.73 982.5 1,419.20 156.91 903640.36 1990921.00
337.46 984.95 1,419.40 539.15 905542.56 1953844.84
291.38 986.95 1,420.80 395.16 917380.84 1957480.81
0.18 988.8 1,421.60 -3.25 947507.56 2006755.56
290.02 990.15 1,421.70 18.74 964422.20 2054062.24
409.25 990.98 1,422.00 27.32 964913.29 2063244.96
889.83 992.65 1,425.80 437.03 991219.36 2090916.00
208.22 994 1,426.40 189.76 988234.81 2046616.36
 405.22 994.1 1,427.30 293.91 991119.80 2062957.69
339.66 994.35 1,430.60 384.28 1003603.24 2058077.16
123.88 995.27 1,430.80 162.50 991119.80 2037185.29
21.44 995.55 1,433.20 42.60 980397.02 2018672.64
33.99 995.55 1,434.60 23.32 970126.50 2022084.00
417.38 995.6 1,435.90 344.26 995604.84 2063819.56
389.27 995.67 1,436.30 118.39 974070.30 2061808.81
582.26 996 1,436.40 404.19 995405.29 2074464.09
752.40 997.7 1,436.60 320.95 985354.02 2083980.96
796.93 997.77 1,436.60 221.62 977725.44 2086291.36
2211.82 997.8 1,440.30 707.83 992016.00 2140954.24
3072.48 1,001.06 1,443.60 1394.10 1012237.21 2165606.56
4254.95 1,001.80 1,444.40 1836.26 1018282.81 2194545.96
4386.41 1,002.30 1,446.00 2116.09 1025966.41 2197509.76
4904.20 1,002.55 1,463.20 2090.44 1021716.64 2208790.44
5217.17 1,002.95 1,465.80 1683.00 1008518.06 2215334.56
3712.46 1,004.25 1,471.60 1300.89 1004605.29 2181824.41
4519.87 1,004.60 1,473.60 1590.03 1009221.16 2200475.56
5246.10 1,006.10 1,477.10 2078.06 1019372.93 2215929.96
3298.20 1,007.70 1,481.40 1154.95 1002121.12 2171496.96
2463.14 1,008.80 1,482.40 834.80 995544.97 2148569.64
92.74 1,009.10 1,483.40 -45.06 953103.11 2032905.64
6.40 1,009.64 1,486.20 25.38 982041.36 2012709.69
104.65 1,010.80 1,488.40 150.59 991358.75 2034616.96
214.04 1,012.90 1,488.60 209.51 990562.37 2047188.64
91192.67 68666.46 99131.90 32315.57 67383862.57 140478815.49
GRESSION FOR MOMENTS, SKEWNESS AND KURTOSIS
Product of (mean deviation)^3 (mean deviation)^4
values (XY) HDFC BANK ICICI BANK HDFC BANK
1369433.8 2222.7395849266 -56933.3264229991 29008.0217201981
1375700.56 21602.4162908528 -144455.2042229980 601639.6379381270
1392641.4 19142.5235797755 -39896.5127129995 512073.4443438950
1394401.385 10648.8297358368 -17313.6760029998 234280.3392339720
1440263.33 10078.4958383020 8527.1735070001 217701.2692478000
1409292.255 2406.4118302695 1.4428970000 32247.2936180856
1367984.8 -19.6705055019 -5611.2844329998 53.0991245662
1352473.315 -54.8472494366 -32983.5107429998 208.3882065735
1347673.8 -61.6031317264 -49714.2497329990 243.2971685295
1353936.27 -0.0001207631 -46152.3830029996 0.0000059691
1344685.02 -57.0412187712 -63856.1079729990 219.5760972872
1341112.61 -11.3819486325 -96513.0900029993 25.6028804524
1351821.75 3.7279950900 -65304.7676829988 5.7805226724
1327201.73 -421.7785787753 -146947.1889329980 3163.0983244844
1317622.78 -3943.8840611918 -132417.0476729980 62311.1145187957
1324323 -3869.4704610938 -86175.1797129991 60748.4751131954
1281948 -26863.6871857675 -316796.1405129980 804552.0805353500
1281099.43 -28791.6892164534 -315404.0399429990 882448.8220904640
1284889.98 -46266.0696465965 -181033.3283929990 1660925.4625587400
1306803.63 -30078.5729561797 -65792.4786529995 935426.4311812190
1315016.835 -26729.3664407187 -37494.4629229993 799192.7826538130
1334623.96 -13395.5174339796 -10460.3532029998 318135.8844756250
1351326.3 -4698.9409271223 -3157.1145629999 78704.5754201985
1355787.18 -2773.1667344775 -2726.3977729999 38961.4079527034
1388858.73 -66.4020103957 169.1123770000 268.8901980968
1371656.8 -3016.8381920121 27.8181270000 43591.5879670376
1374473.96 -2802.8801966693 160.1030070000 39519.0091272104
1372630.77 -2685.2877964734 33.6982670000 37323.9659208112
1371341.21 -2542.9827283713 3.5815770000 34710.2611092817
1356468.48 -2273.6344493101 -3092.9909930000 29896.9937887431
1356027.01 -3408.4743497428 -1847.2840829999 51295.5912640010
1354781.055 -3943.8840611918 -1939.0962229999 62311.1145187957
1355008.2 -3340.9792425019 -2444.0089229999 49945.7305444089
1351457.52 -5404.9158879061 -2389.9797529999 94853.1853093882
1351036.875 -7644.7077221551 -1214.7677629999 150596.3737220430
1333366.65 -18608.4211688163 -7044.7622129998 493112.5275901100
1316821.9 -48425.2835564208 -10604.4993729997 1765073.9140409400
1341296.6 -27954.4888375879 -138.1884130000 848402.7622271740
1330146.48 -25281.2736794654 -6199.0832529999 741990.9360502110
1340057.98 -12405.6871733919 -4973.9402429999 287184.5690999270
1378918.44 -430.2711638243 0.0795070000 3248.3014176373
1407474.06 1.3330753635 4939.0559270002 1.4671446571
1410975.72 2.4635006083 8279.1861670003 3.3271335359
1439637.6 3144.5875636368 26543.5960870004 46070.0047144586
1422159.46 2274.2273264532 3004.6853070000 29907.3889013314
1429908.465 3112.5014314450 8157.0161970001 45444.2994713425
1437182.28 9064.7093839959 6260.0241070001 189004.3704902460
1420948.515 3112.5014314450 1378.7498970000 45444.2994713425
1406805.12 778.8331061552 99.2528470000 7165.7096241174
1400598.9 64.0274324900 198.1552870000 256.1463170642
1433439.48 4784.5808657919 8527.1735070001 80622.9216348011
1417161.505 216.0617201634 7680.3543170003 1296.4937848207
1436987.31 4699.9028556940 14049.8589970002 78726.0584916485
1432989.54 1601.8476800328 20638.4664070001 18742.5331979146
1428222.72 483.8422712614 22497.4157670006 3798.4383106996
1457347.2 3409.2509297429 104021.9369270010 51311.1746360193
1480576.76 15909.0252239224 170307.8380070010 400121.0752532030
1494880.74 22308.0518411468 277550.5776670030 627984.4067864760
1501522.96 32616.3898534405 290512.1263670030 1042112.2937544800
1502250.96 26598.5491213834 343441.1890270030 793981.8904442150
1494725.7 12650.2676913959 376836.3985670040 294758.4659339170
1480497.33 9732.5918059142 226200.4863570010 207796.3965372990
1490223.64 13228.9359867388 303871.0550670030 312871.8954783630
1502950.104 23616.6119932757 379975.3779070010 677574.0932939300
1475162.016 8133.4206285853 189415.9074070010 163567.7365097790
1462531.266 4759.0715771625 122245.4843470010 80050.3033973452
1391965.766 -102.4656896129 893.0563470000 479.4808755657
1405903.326 1009.1994955112 16.1942770000 10122.8476254029
1420223.688 3189.8775111054 1070.5991670001 46956.8197506198
1424032.316 2936.8451175707 3131.3598470001 42057.3002808220
97275696.23 -78830.9124465517 971639.1409200430 17303831.2380739000
URTOSIS
(mean deviation)^4
ICICI BANK CALCULATION USING MANUAL FUNCTIONS
2190225.06749276
7579564.56558069 MEASURES OF CENTRAL TENDENCY
1363263.83940319
447904.79819760 Mean
174210.15474801 Mode (by observation)
1.63047361 Median
99712.52437440
1057781.18952800 MEASURES OF DISPERSION
1827992.96268236
1655485.97831759 Maximum value
2552328.63568076 Minimum value
4427055.43843757 Range (maximum-minimum)
2629822.99459435 Sum of squared deviation
7754403.15999427 Variance
6749296.91989270 Standard deviation
3806357.68792316 Coeff. of variance
21595992.89877100
21469552.99891990 SKEWNESS AND KURTOSIS
10241055.38719200
2656042.36322158 Skewness
1254939.67403278 Kurtosis
228767.92454961
46314.87063921 Sum product of mean deviation (A)
38087.77688881 Product of squared deviations sum
935.19144481 Root square of product (B)
84.28892481 CORRELATION (A/B)
869.35932801
108.84540241 REGRESSION EQUATIONS
5.47981281
45064.87876801
22666.17569841
24180.52990081
32920.80019281
31954.02929761 Equation of HDFC(X) on ICICI(Y)
12961.57203121 Normal eqn (least square method)
135048.09162321 68666.46= 70a + 99131.9b
232980.85122480 97275696.23= 99131.9a + 140478815.49b
714.43409521 value of a
113877.15935761 value of b
84905.15994801 Equation of X on Y [X= bY + a]
0.03418801
84112.12243681 Equation of ICICI(Y) on HDFC(X)
167487.93615842 Normal eqn (least square method)
791795.47127523 99131.9= 70a + 68666.46b
43357.60898001 97275696.23= 68666.46a + 67383862.57b
 164200.73604561 value of a
115372.24429201 value of b
15345.48635361 Equation of Y on X [Y= bX + a]
459.54068161
1155.24532321
174210.15474801
151533.39067442
339023.09759762
566113.13354402
635102.04710243
4892151.69367689
9440163.46072805
18104624.18121870
19240618.12928670
24051186.46756110
27218893.06849480
13782395.63373210
20429251.03215470
27521616.62180410
10878155.56238410
6067043.38814166
8600.13262161
40.97152081
10952.22947841
45811.79456161
287526210.9053530000
NG MANUAL FUNCTIONS CALCULATION USING INBUILT FUNCTIONS

OF CENTRAL TENDENCY MEASURES OF CENTRAL TENDENCY

HDFC BANK ICICI BANK HDFC BANK
980.95 1416.17 Mean 980.95
965.15 1436.6 Mode 965.15
981.47 1417.50 Median 981.47

S OF DISPERSION MEASURES OF DISPERSION

HDFC BANK ICICI BANK HDFC BANK
1012.9 1,488.60 Range 68.40
944.5 1,348.00 Variance 364.83
68.4 140.60 Standard deviation 19.10
25537.87 91192.67 Coeff. of variance 0.02
364.83 1302.75
19.10 36.09 SKEWNESS AND KURTOSIS
0.02 0.03 HDFC BANK
Skewness -0.17
S AND KURTOSIS Kurtosis -1.14
HDFC BANK ICICI BANK
-0.16 0.30 CORRELATION 0.67
-1.14 -0.58
REGRESSION
32315.57 Equation of HDFC(X) on ICICI(Y)
2328866673.34 Slope 0.35
48258.33 Intercept 479.11
0.67 Equation of X on Y X= 0.35Y + 479.11

EGRESSION EQUATIONS
∑X 68666.46
∑Y 99,131.90
∑X² 67383862.57
∑Y² 140478815.49
∑XY 97275696.227
tion of HDFC(X) on ICICI(Y)
a b constant
70 99131.9 68666.46
99131.9 140478815.49 97275696.23
479.11
0.35
X= 0.35Y + 479.11

tion of ICICI(Y) on HDFC(X)

a b constant
70 68666.46 99131.9
68666.46 67383862.57 97275696.23
 174.88
1.27
Y= 1.27X + 174.88
NBUILT FUNCTIONS CENTRAL MOMENTS
HDFC BANK
ENTRAL TENDENCY μ₁ 0.00
ICICI BANK μ₂ 364.83
1416.17 μ₃ -1126.16
1436.60 μ₄ 247197.59
1417.50
MOMENTS ABOUT ORIGIN
DISPERSION HDFC BANK
ICICI BANK v₁ 980.95
140.60 v₂ 67358324.70
1302.75 v₃ 4625257708612.47
36.09 v₄ 317600073438130000.00
0.03

D KURTOSIS
ICICI BANK
0.30
-0.53

REGRESSION EQUATIONS
Equation of ICICI(Y) on HDFC(X)
Slope 1.27
Intercept 174.88
X= 0.35Y + 479.11 Equation of Y on X Y= 1.27X + 174.88
AL MOMENTS
ICICI BANK
0.00
1302.75
13880.56
4107517.30

ABOUT ORIGIN
ICICI BANK
1416.17
140387622.82
13916891786927.40
1379607924932500000.00