Comparative Analysis of Returns and Standard Deviations of Automotive Companies’ Stocks: A Five-Year Study (2019-2023)

Abstract

Abstract In this study, returns and standard deviation of stock of automotive companies listed on the National Stock Exchange(NSE) are compared during a five-year period, from 2019-2023.The goal of the research is to help investors in the automotive sector balance risk and return by offerings insightful information. Using a descriptive research design, secondary data from journals, papers, and the NSE website are used. The data is analyzed using statistical methods including standard deviation and returns, The goals are to compare the accomplishments of automotive companies, evaluate risk tolerance, look at the average returns, and suggest investments for investors. The results provide investors looking to maximize their investment returns in automotive sector with practical advice.The examination looks at how the stocks of automotive companies performed on the NSE between 2019 and 2023. The goal is to support decision-making with knowledge. Secondary data was gathered using a descriptive design from multiple sources. To interpret the data, statistical methods like returns, and standard deviation are used. Examining average returns, assessing risk, and suggesting stocks to investors are some of the main goals. The findings are intended to offer helpful suggestions for investments in the healthcare industry.