Pakistan Tobacco Stock Net Asset
| PAKT Stock | 1,200 24.95 2.12% |
Pakistan Tobacco fundamentals help investors to digest information that contributes to Pakistan Tobacco's financial success or failures. It also enables traders to predict the movement of Pakistan Stock. The fundamental analysis module provides a way to measure Pakistan Tobacco'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 Pakistan Tobacco stock.
Pakistan |
Pakistan Tobacco Company Net Asset Analysis
Pakistan Tobacco's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Pakistan Tobacco Net Asset | 52.36 B |
Most of Pakistan Tobacco's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pakistan Tobacco is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, Pakistan Tobacco has a Net Asset of 52.36 B. This is much higher than that of the sector and significantly higher than that of the Food & Tobacco industry. The net asset for all Pakistan stocks is notably lower than that of the firm.
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Pakistan Fundamentals
| Revenue | 74.99 B | |||
| EBITDA | 28.22 B | |||
| Net Income | 18.86 B | |||
| Cash Flow From Operations | 18.97 B | |||
| Total Asset | 52.36 B | |||
| Z Score | 1.0 | |||
| Net Asset | 52.36 B |
About Pakistan Tobacco Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pakistan Tobacco's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pakistan Tobacco using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pakistan Tobacco 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 Pakistan Tobacco
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 Pakistan Tobacco 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 Pakistan Tobacco will appreciate offsetting losses from the drop in the long position's value.Moving together with Pakistan Stock
Moving against Pakistan Stock
| 0.88 | FHAM | First Habib Modaraba | PairCorr |
| 0.73 | UBL | United Bank | PairCorr |
| 0.7 | BAHL | Bank Al Habib | PairCorr |
| 0.66 | MCB | MCB Bank | PairCorr |
| 0.62 | MEBL | Meezan Bank | PairCorr |
The ability to find closely correlated positions to Pakistan Tobacco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pakistan Tobacco 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 Pakistan Tobacco - 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 Pakistan Tobacco to buy it.
The correlation of Pakistan Tobacco 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 Pakistan Tobacco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pakistan Tobacco 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 Pakistan Tobacco 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 Pakistan Stock
Pakistan Tobacco financial ratios help investors to determine whether Pakistan 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 Pakistan with respect to the benefits of owning Pakistan Tobacco security.