Pakistan Telecommunicatio (Pakistan) Market Value

PTC Stock   27.39  2.12  8.39%   
Pakistan Telecommunicatio's market value is the price at which a share of Pakistan Telecommunicatio trades on a public exchange. It measures the collective expectations of Pakistan Telecommunication investors about its performance. Pakistan Telecommunicatio is selling at 27.39 as of the 12th of December 2024; that is 8.39 percent increase since the beginning of the trading day. The stock's lowest day price was 25.0.
With this module, you can estimate the performance of a buy and hold strategy of Pakistan Telecommunication and determine expected loss or profit from investing in Pakistan Telecommunicatio over a given investment horizon. Check out Pakistan Telecommunicatio Correlation, Pakistan Telecommunicatio Volatility and Pakistan Telecommunicatio Alpha and Beta module to complement your research on Pakistan Telecommunicatio.
Symbol

Please note, there is a significant difference between Pakistan Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pakistan Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pakistan Telecommunicatio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Pakistan Telecommunicatio 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Pakistan Telecommunicatio's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Pakistan Telecommunicatio.
0.00
11/12/2024
No Change 0.00  0.0 
In 31 days
12/12/2024
0.00
If you would invest  0.00  in Pakistan Telecommunicatio on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Pakistan Telecommunication or generate 0.0% return on investment in Pakistan Telecommunicatio over 30 days. Pakistan Telecommunicatio is related to or competes with Oil, Pakistan State, Pakistan Petroleum, Fauji Fertilizer, Habib Bank, Mari Petroleum, and MCB Bank. More

Pakistan Telecommunicatio Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pakistan Telecommunicatio's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Pakistan Telecommunication upside and downside potential and time the market with a certain degree of confidence.

Pakistan Telecommunicatio Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pakistan Telecommunicatio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pakistan Telecommunicatio's standard deviation. In reality, there are many statistical measures that can use Pakistan Telecommunicatio historical prices to predict the future Pakistan Telecommunicatio's volatility.
Hype
Prediction
LowEstimatedHigh
23.1127.3931.67
Details
Intrinsic
Valuation
LowRealHigh
15.3019.5830.13
Details
Naive
Forecast
LowNextHigh
24.8329.1033.38
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.6121.2327.85
Details

Pakistan Telecommunicatio Backtested Returns

Pakistan Telecommunicatio is somewhat reliable given 3 months investment horizon. Pakistan Telecommunicatio maintains Sharpe Ratio (i.e., Efficiency) of 0.33, which implies the firm had a 0.33% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.41% are justified by taking the suggested risk. Use Pakistan Telecommunicatio Coefficient Of Variation of 312.41, semi deviation of 2.01, and Risk Adjusted Performance of 0.2395 to evaluate company specific risk that cannot be diversified away. Pakistan Telecommunicatio holds a performance score of 26 on a scale of zero to a hundred. The company holds a Beta of -0.95, which implies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Pakistan Telecommunicatio are expected to decrease slowly. On the other hand, during market turmoil, Pakistan Telecommunicatio is expected to outperform it slightly. Use Pakistan Telecommunicatio maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to analyze future returns on Pakistan Telecommunicatio.

Auto-correlation

    
  0.44  

Average predictability

Pakistan Telecommunication has average predictability. Overlapping area represents the amount of predictability between Pakistan Telecommunicatio time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pakistan Telecommunicatio price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Pakistan Telecommunicatio price fluctuation can be explain by its past prices.
Correlation Coefficient0.44
Spearman Rank Test0.57
Residual Average0.0
Price Variance8.3

Pakistan Telecommunicatio lagged returns against current returns

Autocorrelation, which is Pakistan Telecommunicatio stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Pakistan Telecommunicatio's stock expected returns. We can calculate the autocorrelation of Pakistan Telecommunicatio returns to help us make a trade decision. For example, suppose you find that Pakistan Telecommunicatio has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Pakistan Telecommunicatio regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Pakistan Telecommunicatio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pakistan Telecommunicatio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pakistan Telecommunicatio stock over time.
   Current vs Lagged Prices   
       Timeline  

Pakistan Telecommunicatio Lagged Returns

When evaluating Pakistan Telecommunicatio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pakistan Telecommunicatio stock have on its future price. Pakistan Telecommunicatio autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Pakistan Telecommunicatio autocorrelation shows the relationship between Pakistan Telecommunicatio stock current value and its past values and can show if there is a momentum factor associated with investing in Pakistan Telecommunication.
   Regressed Prices   
       Timeline  

Pair Trading with Pakistan Telecommunicatio

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 Telecommunicatio 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 Telecommunicatio will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pakistan Stock

  0.91FFL Fauji FoodsPairCorr
  0.77MARI Mari Petroleum SplitPairCorr
  0.83LOADS LoadsPairCorr

Moving against Pakistan Stock

  0.37MSOT Masood Textile MillsPairCorr
The ability to find closely correlated positions to Pakistan Telecommunicatio 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 Telecommunicatio 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 Telecommunicatio - 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 Telecommunication to buy it.
The correlation of Pakistan Telecommunicatio 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 Telecommunicatio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pakistan Telecommunicatio 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 Telecommunicatio 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.
Pair CorrelationCorrelation Matching

Additional Tools for Pakistan Stock Analysis

When running Pakistan Telecommunicatio's price analysis, check to measure Pakistan Telecommunicatio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pakistan Telecommunicatio is operating at the current time. Most of Pakistan Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of Pakistan Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pakistan Telecommunicatio's price. Additionally, you may evaluate how the addition of Pakistan Telecommunicatio to your portfolios can decrease your overall portfolio volatility.