First Credit And Stock Net Asset
| FCIBL Stock | 7.46 0.30 3.87% |
First Credit And fundamentals help investors to digest information that contributes to First Credit's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Credit'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 First Credit stock.
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First Credit And Company Net Asset Analysis
First Credit'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.
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, First Credit And has a Net Asset of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Investment Banking & Investment Services (which currently averages 0.0) industry. This indicator is about the same for all Pakistan stocks average (which is currently at 0.0).
First Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Credit's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Credit could also be used in its relative valuation, which is a method of valuing First Credit by comparing valuation metrics of similar companies.First Credit is currently under evaluation in net asset category among its peers.
About First Credit Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Credit And's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Credit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Credit And 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 First Credit
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 First Credit 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 First Credit will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to First Credit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Credit 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 First Credit - 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 First Credit And to buy it.
The correlation of First Credit 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 First Credit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Credit And 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 First Credit 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 First Stock
First Credit financial ratios help investors to determine whether First 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 First with respect to the benefits of owning First Credit security.