Determinants of Stock Prices: Empirical Evidence from NSE 100 ...

the coefficient of determination of the variables is0.516. The R-Squared which is also a measure ofTable IV Correlation StatisticsIRACST- International Journal of Research in Management & Technology (IJRMT), ISSN: 2249-9563Vol. 3, No.3,June 2013.196 **.511 956.104-.033 -.025 .205 *CorrelationModel SummaryMP BV EPS DPS DC DY P/E ratioMod R MP R Pearson Adjusted 1 Std. .383 *Error .620 *of the .243 *Estimate .225 * -el Square Correlation R Square* * * *.085 *Sig. (2- .000 .000 .000 .000 .045 .0001 .7 .516 tailed)9 a BV Pearson .383 * 1 .287 * .270 * .086 * -.033 .0011 N 609 562 562 562 562 562 562** *Correlationa. Predictors: (Constant), P/E ratio, BV, DC, DY, DPS, EPSSig. (2- .000 .000 .000 .041 .428 .973tailed)N 562 562 562 562 562 562 562EPS Pearson .620 * .287 * 1 .370 * .413 * -.025 -.131 **Correlation* ** *Sig. (2- .000 .000 .000 .000 .559 .002tailed)N 562 562 562 562 562 562 562DP Pearson .243 * .270 * .370 * 1 .011 .205 * -.169 **S Correlation* * **Sig. (2- .000 .000 .000 .799 .000 .000tailed)N 562 562 562 562 562 562 562DC Pearson .225 * .086 * .413 * .011 1 -.054 .008Correlation**Sig. (2- .000 .041 .000 .799 .202 .852tailed)N 562 562 562 562 562 562 562DY Pearson --.054 1 .109 **Correlation .085 * *Sig. (2- .045 .428 .559 .000 .202 .009tailed)N 562 562 562 562 562 562 562P/E Pearson .196 * .001 - - .008 .109 * 1ratioCorrelation*.131 **.169 ***Sig. (2- .000 .973 .002 .000 .852 .009tailed)N 562 562 562 562 562 562 562**. Correlation is significant at the 0.01 level (2-tailed)*. Correlation is significant at the 0.05 level (2-tailed)Table VSource:Author’sselfcalculationTable VI91