Shell Pakistan Stock Working Capital
| SHEL Stock | 165.70 5.13 3.19% |
Shell Pakistan fundamentals help investors to digest information that contributes to Shell Pakistan's financial success or failures. It also enables traders to predict the movement of Shell Stock. The fundamental analysis module provides a way to measure Shell Pakistan'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 Shell Pakistan stock.
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Shell Pakistan Company Working Capital Analysis
Shell Pakistan's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
Based on the company's disclosures, Shell Pakistan has a Working Capital of 0.0. This is 100.0% lower than that of the Energy sector and about the same as Oil & Gas (which currently averages 0.0) industry. The working capital for all Pakistan stocks is 100.0% higher than that of the company.
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Shell Fundamentals
| Revenue | 249.21 B | |||
| EBITDA | 9.39 B | |||
| Net Income | 4.47 B | |||
| Cash Flow From Operations | 4.65 B | |||
| Total Asset | 84.93 B | |||
| Z Score | 2.0 | |||
| Net Asset | 84.93 B |
About Shell Pakistan Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Shell Pakistan's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shell Pakistan using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shell Pakistan 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 Shell Pakistan
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 Shell Pakistan 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 Shell Pakistan will appreciate offsetting losses from the drop in the long position's value.Moving together with Shell Stock
| 0.7 | OGDC | Oil and Gas | PairCorr |
| 0.68 | PSO | Pakistan State Oil | PairCorr |
| 0.66 | PPL | Pakistan Petroleum | PairCorr |
| 0.67 | FFC | Fauji Fertilizer | PairCorr |
| 0.7 | HBL | Habib Bank | PairCorr |
The ability to find closely correlated positions to Shell Pakistan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shell Pakistan 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 Shell Pakistan - 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 Shell Pakistan to buy it.
The correlation of Shell Pakistan 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 Shell Pakistan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shell Pakistan 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 Shell Pakistan 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 Shell Stock
Shell Pakistan financial ratios help investors to determine whether Shell 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 Shell with respect to the benefits of owning Shell Pakistan security.