Burshane Lpg Stock Revenue
| BPL Stock | 29.10 1.09 3.89% |
Burshane LPG fundamentals help investors to digest information that contributes to Burshane LPG's financial success or failures. It also enables traders to predict the movement of Burshane Stock. The fundamental analysis module provides a way to measure Burshane LPG'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 Burshane LPG stock.
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Burshane LPG Company Revenue Analysis
Burshane LPG's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Based on the latest financial disclosure, Burshane LPG reported 0.0 of revenue. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Revenue (which currently averages 0.0) industry. This indicator is about the same for all Pakistan stocks average (which is currently at 0.0).
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About Burshane LPG Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Burshane LPG's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Burshane LPG using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Burshane LPG 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 Burshane LPG
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 Burshane LPG 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 Burshane LPG will appreciate offsetting losses from the drop in the long position's value.Moving against Burshane Stock
| 0.73 | MARI | Mari Petroleum Split | PairCorr |
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| 0.64 | REWM | Reliance Weaving Mills | PairCorr |
| 0.49 | FFL | Fauji Foods | PairCorr |
The ability to find closely correlated positions to Burshane LPG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Burshane LPG 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 Burshane LPG - 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 Burshane LPG to buy it.
The correlation of Burshane LPG 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 Burshane LPG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Burshane LPG 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 Burshane LPG 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 Burshane Stock Analysis
When running Burshane LPG's price analysis, check to measure Burshane LPG'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 Burshane LPG is operating at the current time. Most of Burshane LPG's value examination focuses on studying past and present price action to predict the probability of Burshane LPG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Burshane LPG's price. Additionally, you may evaluate how the addition of Burshane LPG to your portfolios can decrease your overall portfolio volatility.