nifty = yf.download('^NSEI', start='2000-01-01', end='2024-12-31')
Calculating historical volatility to assess risk and price options fairly.
The correlation coefficients indicate that the Nifty index is moderately correlated with the global indices, suggesting that Indian equity market is influenced by global market trends.
| Statistic | Value | | --- | --- | | Mean | 4,351.13 | | Median | 3,951.11 | | Standard Deviation | 1,433.19 | | Minimum | 891.53 | | Maximum | 18,604.45 |