Descriptive analysis of share prices of Ceramic companies listed with Dhaka Stoc

k Exchange.

Findout the Frequency Distribution, Mean,Mode, Median,Range, Mean Deviation,V

ariance,Standard Deviation and Coefficient of Skewness of the stock prices of
all Ceramic companies listed with Dhaka Stock Exchange for the month of June,20
10

Solution:

There are five ceramic companies listed with Dhaka Stock Exchan
ge.These are-

• Monno Ceramic
• Standard Ceramic
• Fu-Wang Ceramic
• Shinepukur Ceramics
• RAK Ceramics (Bangladesh) Ltd

We will find out the Frequency Distribution, Mean, Mode,Median,Range, Mean Devia
tion,Variance,Standard Deviation and Coefficient of Skewness of the stock pri
ces of all Ceramic companies listed with Dhaka Stock Exchange for the month of J
une,2010

Monno Ceramic:
Monno Ceramic Industries began producing porcelain tableware for the Bangladesh
home market in 1985, and secured its first export order the following year. Monn
o offers products in Porcelain, New Bone China, Ivory China, and real Bone China
.
The stock price of Monno Ceramic for the month of June, 2010 in Dhaka Stock Exch
ange is as given below.
447.5, 459.25, 459.75, 461.5, 469.75, 471.75, 474.25, 475, 494.75, 508.5, 511.25
, 519, 519.25, 525.5, 526.5, 526.5, 527, 528.75, 529.25, 530.75, 535.5, 548.75

Frequency Distribution: First we decide the number of classes by, 2k>N

Where,
K = No. of class
N = Total number of the observation of thi
s population = 22
Now,25=32>22
So, the number of classes=5

Highest Value – Lowest Value

Class Interval =
No. of Class
 548.75 – 447.5
=
5
101.25
=
5
= 20.25
Round up this interval size to 21 and we get the following frequency distributio
n

We arrange the stock prices ascending order from lower price to higher price.

Arithmetic mean of the data:

Σ X
μ =
N
Where,
μ= The designation for the population mean
X= The values of each observation
Σ X= The sum of each observation
N= Total number of the observation of this population
Therefore,
Σ X
μ =
N
447.5+459.25+459.75+461.5+469.75+471.75+474.25+475+494.75+508.5+511.25+519+
519.25+525.5+526.5+526.5+527+528.75+529.25+530.75+535.5+548.75
=
22

11050
=
22
= 502.27
o, the population mean is TK. 502.27
Mode = 526.5

Median = 511.25+519
2
1030.25
=
2
= 515.125
The median is TK. 515.125

Range = Largest value- mallest value

= 548.75 – 447.5
= 101.25

Mean deviation:
Σ | (X-μ) |
MD =
N

613.93
=
22

=20.91

Where,
N= Total number of the observation of this population
μ= The designation for the population mean
X= The values of each observation
Σ (X-μ)2
Variance: =
N
20412.864
=
 22
= 927.8575
Where,
N= Total number of the observation of this population
μ= The designation for the population mean
X= The values of each observation

The standard deviation

Σ (X-μ)2
δ = N
= 20412.864
22
= 30.4608
Where,
N= Total number of the observation of this population
μ= The designation for the population mean
X= The values of each observation

Coefficient of skewness:
3(Mean-Median)
k =
tandard Deviation
3(502.27 -515.125)
=
30.4608
3 (-12.855)
=
30.4608
-38.565
=
30.4608
= -1.2661
This indicates that there is negative kewness in the stock prices of Monno Cera
mic for the month of June, 2010.

tock Prices
Mean = 502.27 Median = 515.125

tandard Ceramic:
tandard ceramic went into commercial production on eptember 1st. 1993. The fac
tory is located 10 Km. from Dhaka International Airport. The factory was designe
d by famous ceramist Mr. Kyoki Yamazaki of one Ceramic, Japan. tandard ceramic
offers products in Dinner, Tea & Coffee sets including all accessories. All pro
ducts satisfy afety Regulation set by European Community Council and other rele
vant International safety standard. Main importers are weden, Finland, pain, I
taly, U.K, France, Germany(G P available for EU, U. .A., Canada, Australia, New
Zealand).
The stock price of tandard Ceramic for the month of June, 2010 in Dhaka tock E
xchange is as given below.
330, 345.75, 348, 369.5, 369.5, 371.5, 371.5, 371.5, 379.75, 380.75, 385.25, 386
.5, 389.5, 390.5, 391, 391.5, 392.75, 396.75, 398.75, 404.5, 404.5
Frequency Distribution: First we decide the number of classes by, 2k>N
Where,
K = No. of class
N = Total number of the observation of thi
s population = 21
Now,25=32>21
o, the number of classes=5

Highest Value – Lowest Value

Class Interval =
No. of Class
404.5 – 330
=
5
74.5
=
5
= 14.9
Round up this interval size to 15 and we get the following frequency distributio
n

olution: We arrange the stock prices ascending order from lower price to higher
price.

Arithmetic mean of the data:

Σ X
μ =
N
Where,
μ= The designation for the population mean
X= The values of each observation
Σ X= The sum of each observation
N= Total number of the observation of this population
Therefore,
Σ X
μ =
N
330+345.75+348+369.5+369.5+371.5+371.5+371.5+379.75+380.75+385.25+
386.5+389.5+390.5+391+391.5+392.75+396.75+398.75+404.5+404.5
=
21
7969.25
=
 21
= 379.4881
o, the population mean is TK. 379.4881

Mode = 371.5

Median = 385.25
The median is TK. 385.25
Range = Largest Value – mallest Value
= 404.5 – 330
= 74.5

Mean deviation:
Σ | (X-μ) |
MD =
N

317.3095
=
21

=15.11

Where,
N= Total number of the observation of this population
μ= The designation for the population mean
X= The values of each observation

Σ (X-μ)2
Variance: =
N
7648.1845
=
21
 = 364.1993
Where,
N= Total number of the observation of this population
μ= The designation for the population mean
X= The values of each observation

The standard deviation:

Σ (X-μ)2
δ = N
= 7648.1845
21
= 19.0841
Where,
N= Total number of the observation of this population
μ= The designation for the population mean
X= The values of each observation
Coefficient of skewness:
3(Mean-Median)
o, k =
tandard Deviation
3(379.4881-385.25)
=
19.0841
3 (-5.7619)
=
19.0841
-17.2857
=
19.0841
= -0.9058
This indicates that there is negative kewness in the stock prices of tandard C
eramic for the month of June, 2010.

tock Prices
Mean = 379.4881 Median = 385.25

Fu-Wang Ceramic:
Fu-Wang produce a comprehensive range of Ceramic Tiles with high quality & stan
dard. Their ceramics tiles are designed to give luxurious and comfortable glance
. Their mission continuously innovates to increase customer satisfaction by offe
ring high quality and standard products.
The stock price of Fu-Wang Ceramic for the month of June, 2010 in Dhaka tock Ex
change is as given below.
363, 373.75, 378.25, 380.25, 381.25, 384, 385, 387.5, 390.75, 395.5, 396.75, 415
, 416, 423, 423.25, 424, 425, 428.5, 430.25, 433.25, 433.5, 436
Frequency Distribution: First we decide the number of classes by,2k>N
Where,
K = No. of class
N = Total number of the observation of thi
s population = 22
Now,25=32>22
o, the number of classes=5

Highest Value – Lowest Value

Class Interval =
No. of Class
436 – 363
=
5
73
=
5
= 14.6
Round up this interval size to 15 and we get the following frequency distributi
on

We arrange the stock prices ascending order from lower price to higher price.

Arithmetic mean of the data:

Σ X
μ =
N
Where,
μ= The designation for the population mean
X= The values of each observation
Σ X= The sum of each observation
N= Total number of the observation of this population
Therefore,
Σ X
μ =
N
363+373.75+378.25+380.25+381.25+384+385+387.5+390.75+395.5+396.75+
415+416+423+423.25+424+425+428.5+430.25+433.25+433.5+436
=
22
8903.75
=
22
= 404.7159
o, the population mean is TK. 404.7159
Mode =No mode
Median = 396.75+415
2
811.75
=
2
= 405.875
The median is TK. 405.875
Range = Largest Value – mallest Value
= 436 – 363
= 73

Mean deviation:
Σ | (X-μ) |
MD =
N

471.75
=
22

=21.44

Where,
N= Total number of the observation of this population
μ= The designation for the population mean
X= The values of each observation

Σ (X-μ)2
Variance =
N
11539.787
=
22
= 524.5358
Where,
N= Total number of the observation of this population
 μ= The designation for the population mean
X= The values of each observation

The standard deviation:

Σ (X-μ)2
δ =
N

= 11539.787
22
= 22.9028
Where,
N= Total number of the observation of this population
μ= The designation for the population mean
X= The values of each observation

Coefficient of skewness:
3(Mean-Median)
k =
tandard Deviation
3(404.7159-405.875)
=
22.9028
3 (-1.159)
=
22.9028
-3.477
=
22.9028
= -0.1518
This indicates that there is negative kewness in the stock prices of Fu-Wang Ce
ramic for the month of June, 2010.

tock Prices Mean = 404.7159 Median = 405.875

hinepukur Ceramics:
hinepukur Ceramics is a member of the Largest Private ector Conglomerate, BEXI
MCO, in Bangladesh. As part of a meticulously planned expansion program of the G
roup, BEXIMCO has setup this state-of-the-art Ceramic Tableware Plant, HINEPUKU
R CERAMIC LTD. ( CL) on the outskirts of Dhaka in 1999. CL is a 100% export or
iented unit, equipped with the latest and modern Machinery's and Kiln's from TAK
A AGO MINO, and KK Japan and comprises of two independent units producing high
quality Porcelain and Bone China Tableware. hinepukur has successfully develope
d a substantial export market for the top-of-the-line Bone China and Porcelain T
ableware and the customer portfolio now includes world-renowned Tableware compan
ies in the UK, U A, pain, Italy, Australia, New Zealand, Norway, weden, Russia
, UAE, Denmark, Germany, France, Mexico, Turkey, and India. Exports from hinepu
kur Ceramics comprise about 60% of the National Tableware Export turnover of Ban
gladesh.
The stock price of hinepukur Ceramic for the month of June, 2010 in Dhaka tock
Exchange is as given below.
72.9, 73.7, 73.5, 73.5, 71.8, 72.8, 72.4, 72.8, 72, 71.9, 71.3, 68.5, 68.9, 68,
66.6, 67.2, 66.2, 65.6, 64.5, 63.6, 63.2, 63.2
Frequency Distribution: First we decide the number of classes by, 2k>N
Where,
K = No. of class
N = Total number of the observation of thi
s population = 22
Now,25=32>22
o, the number of classes=5

Highest Value – Lowest Value

Class Interval =
No. of Class
73.7 – 63.2
=
5
10.5
=
5
= 2.1

Round up this interval size to 3 and we get the following frequency distribution

We arrange the stock prices ascending order from lower price to higher price

Arithmetic mean of the data:

Σ X
μ =
N
Where,
μ= The designation for the population mean
X= The values of each observation
Σ X= The sum of each observation
N= Total number of the observation of this population
Therefore,
Σ X
μ =
N
72.9+73.7+73.5+73.5+71.8+72.8+72.4+72.8+72+71.9+71.3+
68.5+68.9+68+66.6+67.2+66.2+65.6+64.5+63.6+63.2+63.2
 =
22
1524.1
=
22
= 69.2773
o, the population mean is TK. 69.2773

Mode =63.2 , 72.8 and 73.5

Median = 68.9 + 71.3

2
140.2
=
2
= 70.1
The median is TK. 70.1
Range = Highest Value – Lowest Value
= 73.7 – 63.2
= 10.5

Mean deviation:
Σ | (X-μ) |
MD =
N

73.1
=
22

=3.32

Where,
N= Total number of the observation of this population
μ= The designation for the population mean
 X= The values of each observation
Σ (X-μ)2
Variance: =
N
293.4386
=
22
= 13.3381
Where,
N= Total number of the observation of this population
μ= The designation for the population mean
X= The values of each observation

The standard deviation:

Σ (X-μ)2
δ = N

= 293.4386
22
= 3.6521
Where,
N= Total number of the observation of this population
μ= The designation for the population mean
X= The values of each observation

Coefficient of skewness:
3(Mean-Median)
k =
tandard Deviation
3(69.2773-70.1)
=
3.6521
3 (-0.8227)
=
3.6521
-2.4682
=
3.6521
= -0.6758
This indicates that there is negative kewness in the stock prices of hine Puku
r Ceramic for the month of June, 2010.
 tock Prices
Mean = 69.2773 Median = 70.1
RAK Ceramics (Bangladesh) Ltd :
R.A.K Ceramics Bangladesh produces a very wide range of products in the Ceramic
Range with products such as Ceramic Wall and Floor Tiles, Décors and Listellos, Pe
ncils and Cappings and Borders & Corners. It also produces an extremely wide ran
ge of products in Gres Porcellanato in several finishes suited for any ambience.
Thousands of tile models in alt & Pepper; oluble alt, Glazed porcelain, Poli
shed Porcelain, Double Charge, and other are part of the offerings. In anitary
ware various models are produced in wash basins (mounted as well as pedestal typ
es), bathroom sets, Counter and many associated accessories.
The stock price of RAK Ceramics for the month of June, 2010 in Dhaka tock Excha
nge is as given below.
207.8, 190.3, 183.9, 172.8, 191.2, 185.9, 181.8, 182, 180.4, 178.7, 178.4, 175.4
, 171.9, 170.5
Frequency Distribution: First we decide the number of classes by, 2k>N
Where,
K = No. of class
N = Total number of the observation of
this population = 14
Now,24=16>14
o, the number of classes=4

Highest Value – Lowest Value

Class Interval =
No. of Class
207.8 – 170.5
=
4
37.3
=
4
= 9.235
Round up this interval size to 10 and we get the following frequency distributio
n

We arrange the stock prices ascending order from lower price to higher price.

Arithmetic mean of the data:

Σ X
μ =
N
Where,
μ= The designation for the population mean
X= The values of each observation
Σ X= The sum of each observation
N= Total number of the observation of this population
Therefore,
Σ X
μ =
N
207.8+190.3+183.9+172.8+191.2+185.9+181.8+182+180.4+178.7+178.4+175.4+171.9+170.
5
=
14

2551
=
14
= 182.2143
o, the population mean is TK. 182.2143
Mode =No mode

Median = 180.4 + 181.8

2
362.2
=
2
= 181.1
The median is TK. 181.1

Range = Highest Value – Lowest Value

= 207.8 – 170.5
= 37.3

Mean deviation:
Σ| (X-μ) |
MD =
N

96.06
=
14

=6.86
Where,
N= Total number of the observation of this population
μ= The designation for the population mean
X= The values of each observation
Σ (X-μ)2
Variance: =
N
1226.2571
=
14
= 87.5898
Where,
N= Total number of the observation of this population
μ= The designation for the population mean
X= The values of each observation

The standard deviation

Σ (X-μ)2
δ = N

= 1226.2571
14
= 9.3589
Where,
N= Total number of the observation of this population
μ= The designation for the population mean
X= The values of each observation

Coefficient of skewness:
3(Mean-Median)
k =
tandard Deviation
3(182.2143-181.1)
=
9.3589
3 (1.1143)
=
9.3589
3.3429
=
9.3589
= 0.3572
This indicates that there is positive kewness in the stock prices of RAK Cerami
c for the month of June, 2010.

tock Prices
Mean = 182.2143 Median = 181.1