Bank Alfalah Stock Market Capitalization
| BAFL Stock | 79.01 2.00 2.47% |
Bank Alfalah fundamentals help investors to digest information that contributes to Bank Alfalah's financial success or failures. It also enables traders to predict the movement of Bank Stock. The fundamental analysis module provides a way to measure Bank Alfalah's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bank Alfalah stock.
Bank |
Bank Alfalah Company Market Capitalization Analysis
Bank Alfalah's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
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Based on the recorded statements, the market capitalization of Bank Alfalah is about 0.0. This is 100.0% lower than that of the Financial sector and about the same as Banks (which currently averages 0.0) industry. The market capitalization for all Pakistan stocks is 100.0% higher than that of the company.
Bank Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bank Alfalah's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bank Alfalah could also be used in its relative valuation, which is a method of valuing Bank Alfalah by comparing valuation metrics of similar companies.Bank Alfalah is rated fourth in market capitalization category among its peers.
Bank Fundamentals
| Net Income | 14.44 B | |||
| Cash Flow From Operations | 268.75 B | |||
| Total Asset | 1.74 T | |||
| Net Asset | 1.74 T |
About Bank Alfalah Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bank Alfalah's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank Alfalah using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank Alfalah based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Bank Alfalah
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank Alfalah position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank Alfalah will appreciate offsetting losses from the drop in the long position's value.Moving together with Bank Stock
The ability to find closely correlated positions to Bank Alfalah could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank Alfalah when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank Alfalah - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank Alfalah to buy it.
The correlation of Bank Alfalah is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank Alfalah moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank Alfalah moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank Alfalah can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Bank Stock
Bank Alfalah financial ratios help investors to determine whether Bank Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bank with respect to the benefits of owning Bank Alfalah security.