Bank Alfalah Stock Net Income
| BAFL Stock | 74.29 1.28 1.75% |
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 Net Income Analysis
Bank Alfalah's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Bank Alfalah Net Income | 14.44 B |
Most of Bank Alfalah's fundamental indicators, such as Net Income, 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, Bank Alfalah is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Bank Alfalah reported net income of 14.44 B. This is much higher than that of the Financial sector and significantly higher than that of the Banks industry. The net income for all Pakistan stocks is significantly lower than that of the firm.
Bank Net Income 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 Net Income 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 currently under evaluation in net income 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
| 0.62 | NBP | National Bank | PairCorr |
| 0.93 | UBL | United Bank | PairCorr |
| 0.83 | ABL | Allied Bank | PairCorr |
| 0.69 | MEBL | Meezan Bank | PairCorr |
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.