Beta Stock Finance

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Student Name: Professor: Course: Submission Date: Introduction CPI Card Group, Inc. participates in scheming, manufacturing, branding, packaging, and tracking of smart cards. It emphasizes on providing commercial, marketable, and credential card production and related services. The CPI Card Group Inc. made an IPO filing on August 7, 2015, for $100m. The company also participates in offering different products as well as services and is located in United States, United Kingdom, and Canada. The company provides services for banks, retailers, the government, security and entertainment groups. Members are from the United States as well as internationally. This paper seeks to analyze CPI Card Group stock values using regression with ANOVA using it stock values given from 19th November 2017 to 1st February 2018. Calculations A regression on daily group returns of the CPI Card Group as at November 19th, 2017 up to 1st February 2018 Regression Statistics           Multiple R 0.28502           R Square 0.08123           Adjusted R Square -0.04126           Standard Error 3.979           Observations 16                         ANOVA               dfSS MS F Significance F   Regression 1 21 10.5 0.66315 0.529691   Residual error 15 237 15.33333       Total 16 238                         Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept 14 1.6244 8.618218 3.402E-0 10.7435 17.4624 Returns 1.63091 0.47583 3.5797 0.003403 0.57471 2.87665 Assumptions of the analysis remain that the data is typically distributed and reliable. The probability value applied is 95%. Hence there

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