Pak Gulf Leasing Stock Net Income
| PGLC Stock | 10.26 0.74 6.73% |
Pak Gulf Leasing fundamentals help investors to digest information that contributes to Pak Gulf's financial success or failures. It also enables traders to predict the movement of Pak Stock. The fundamental analysis module provides a way to measure Pak Gulf'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 Pak Gulf stock.
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Pak Gulf Leasing Company Net Income Analysis
Pak Gulf'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.
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.
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Based on the recorded statements, Pak Gulf Leasing reported net income of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Banking Services (which currently averages 0.0) industry. This indicator is about the same for all Pakistan stocks average (which is currently at 0.0).
Pak Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pak Gulf'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 Pak Gulf could also be used in its relative valuation, which is a method of valuing Pak Gulf by comparing valuation metrics of similar companies.Pak Gulf is currently under evaluation in net income category among its peers.
About Pak Gulf Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pak Gulf Leasing's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pak Gulf using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pak Gulf Leasing 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 Pak Gulf
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 Pak Gulf 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 Pak Gulf will appreciate offsetting losses from the drop in the long position's value.Moving together with Pak Stock
The ability to find closely correlated positions to Pak Gulf could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pak Gulf 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 Pak Gulf - 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 Pak Gulf Leasing to buy it.
The correlation of Pak Gulf 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 Pak Gulf moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pak Gulf Leasing 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 Pak Gulf 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 Pak Stock
Pak Gulf financial ratios help investors to determine whether Pak 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 Pak with respect to the benefits of owning Pak Gulf security.