Evaluating Financial Fortitude: An Examination Of GREENEX, Non-Green, And Blue-Chip Stock Portfolios In India During And Around The Covid-19 Pandemic

Abstract

This comprehensive study delves into an in-depth analysis of portfolio performance across different classifications: GREENEX, Blue-Chip, and Non-green, spanning various temporal phases encompassing the pre-pandemic, pandemic, and post-pandemic periods. It employs an array of sophisticated metrics including the Sharpe Ratio and Treynor Ratio meticulously evaluate risk-adjusted returns within these portfolios. Augmenting the analytical framework, Karl Pearson correlation analysis is judiciously applied to ascertain the intricate linear interconnections that exist amongst these portfolios. Greenex's portfolio exhibits a beta value of 0.6, indicative of its low risk and predictability within the market. The study's discerning findings unveil robust and persistent positive correlations characterizing the relationships among all portfolios. These correlations signify a shared resonance with market dynamics and a steadfast propensity for consistent performance trends. These insights serve as instruments, enriching comprehension regarding portfolio behavior in the context of dynamic economic vicissitudes. The outcomes bear substantial relevance for an array of stakeholders, extending from astute investors to astute policymakers, thereby illuminating strategic trajectories and enriching the discourse on financial strategies within the intricate tapestry of India's financial landscape.