Thatta Cement Stock Current Valuation
| THCCL Stock | 149.82 1.42 0.96% |
Valuation analysis of Thatta Cement helps investors to measure Thatta Cement's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Thatta Cement's price fluctuation is very steady at this time. Calculation of the real value of Thatta Cement is based on 3 months time horizon. Increasing Thatta Cement's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Thatta Cement's intrinsic value may or may not be the same as its current market price of 149.82, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 149.82 | Real 105.89 | Hype 149.82 | Naive 166.68 |
The intrinsic value of Thatta Cement's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence Thatta Cement's stock price.
Estimating the potential upside or downside of Thatta Cement helps investors to forecast how Thatta stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Thatta Cement more accurately as focusing exclusively on Thatta Cement's fundamentals will not take into account other important factors: Thatta Cement Company Current Valuation Analysis
Thatta Cement's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Thatta Cement has a Current Valuation of 0.0. This indicator is about the same for the Materials average (which is currently at 0.0) sector and about the same as Construction Materials (which currently averages 0.0) industry. This indicator is about the same for all Pakistan stocks average (which is currently at 0.0).
Thatta Cement is currently under evaluation in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Construction Materials industry is at this time estimated at about 0.0. Thatta Cement adds roughly 0.0 in current valuation claiming only tiny portion of stocks in Construction Materials industry.
About Thatta Cement Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thatta Cement's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thatta Cement using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thatta Cement 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 Thatta Cement
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 Thatta Cement 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 Thatta Cement will appreciate offsetting losses from the drop in the long position's value.Moving together with Thatta Stock
| 0.92 | OGDC | Oil and Gas | PairCorr |
| 0.91 | PSO | Pakistan State Oil | PairCorr |
| 0.88 | PPL | Pakistan Petroleum | PairCorr |
| 0.96 | FFC | Fauji Fertilizer | PairCorr |
| 0.83 | HBL | Habib Bank | PairCorr |
The ability to find closely correlated positions to Thatta Cement could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thatta Cement 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 Thatta Cement - 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 Thatta Cement to buy it.
The correlation of Thatta Cement 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 Thatta Cement moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thatta Cement 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 Thatta Cement 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 Thatta Stock
Thatta Cement financial ratios help investors to determine whether Thatta 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 Thatta with respect to the benefits of owning Thatta Cement security.