Attock Petroleum Stock Number Of Employees
| APL Stock | 512.72 16.42 3.31% |
Attock Petroleum fundamentals help investors to digest information that contributes to Attock Petroleum's financial success or failures. It also enables traders to predict the movement of Attock Stock. The fundamental analysis module provides a way to measure Attock Petroleum'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 Attock Petroleum stock.
Attock |
Attock Petroleum Company Number Of Employees Analysis
Attock Petroleum's Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
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Based on the recorded statements, Attock Petroleum is currently employing 0.0 people. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Oil, Gas & Consumable Fuels (which currently averages 0.0) industry. This indicator is about the same for all Pakistan stocks average (which is currently at 0.0).
Attock Petroleum is currently under evaluation in number of employees category among its peers. The total workforce of Oil, Gas & Consumable Fuels industry is presently estimated at about 0.0. Attock Petroleum adds roughly 0.0 in number of employees claiming only tiny portion of all equities under Oil, Gas & Consumable Fuels industry.Attock Fundamentals
| EBITDA | 33.33 B | |||
| Net Income | 18.54 B | |||
| Total Asset | 96.35 B | |||
| Net Asset | 96.35 B |
About Attock Petroleum Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Attock Petroleum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Attock Petroleum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Attock Petroleum 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 Attock Petroleum
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 Attock Petroleum 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 Attock Petroleum will appreciate offsetting losses from the drop in the long position's value.Moving together with Attock Stock
| 0.84 | OGDC | Oil and Gas | PairCorr |
| 0.85 | PSO | Pakistan State Oil | PairCorr |
| 0.86 | PPL | Pakistan Petroleum | PairCorr |
| 0.84 | FFC | Fauji Fertilizer | PairCorr |
| 0.75 | HBL | Habib Bank | PairCorr |
The ability to find closely correlated positions to Attock Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Attock Petroleum 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 Attock Petroleum - 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 Attock Petroleum to buy it.
The correlation of Attock Petroleum 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 Attock Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Attock Petroleum 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 Attock Petroleum 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.Additional Tools for Attock Stock Analysis
When running Attock Petroleum's price analysis, check to measure Attock Petroleum'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 Attock Petroleum is operating at the current time. Most of Attock Petroleum's value examination focuses on studying past and present price action to predict the probability of Attock Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Attock Petroleum's price. Additionally, you may evaluate how the addition of Attock Petroleum to your portfolios can decrease your overall portfolio volatility.