BY : Sarfraz Khan

Dividend Payout
Economic Conditions
Business Prospects
Growth of business

S.No

Security/
Commodity

Amount
Invested

Proportion
(%)

Share Price

Number of
Shares
Purchased

PTCL

200,000

20

14.10

14189

PSO

100,000

10

246.10

406

OGDCL

200,000

20

169.30

1181

LUCKY

100,000

10

126.28

792

AICL

100,000

10

64.84

1542

HUBC

100,000

10

43.95

2275

Gold

200,000

20

151,671.59

1.32

TOTAL

1,000,000

31st - August
S.No

Company/
Commodity

Average
Return

Variance

Standard
Deviation

PTCL

1.33

6.57

2.56

PSO

0.27

0.90

0.95

OGDCL

0.29

1.00

1.00

LUCKY

0.37

0.72

0.96

AICL

-0.12

1.84

1.36

HUBC

0.64

1.15

1.07

S.No

Combinations

SD1

SD2

Covariance

Coefficient of
Correlation

PTCL + PSO

2.56

0.95

-0.21

-0.09

PTCL + OGDCL

2.56

1.00

0.53

0.21

PTCL + LUCKY

2.56

0.96

0.22

0.09

PTCL + AICL

2.56

1.36

0.40

0.12

PTCL + HUBC

2.56

1.07

-0.18

-0.07

PSO + OGDCL

0.95

1.00

-0.05

-0.05

PSO + LUCKY

0.95

0.96

-0.03

-0.03

PSO + AICL

0.95

1.36

-0.16

-0.13

PSO + HUBC

0.95

1.07

-0.26

-0.26

10

OGDCL + LUCKY

1.00

0.96

0.27

0.28

11

OGDCL + AICL

1.00

1.36

0.28

0.21

12

OGDCL + HUBC

1.00

1.07

0.35

0.33

13

LUCKY + AICL

0.96

1.36

0.39

0.30

14

LUCKY + HUBC

0.96

1.07

0.28

0.28

15

AICL + HUBC

1.36

1.07

0.16

0.11

S.No

Combinations

SD1

SD2

Covariance

Coefficient of
Correlation

PSO + HUBC

0.95

1.07

-0.26

-0.26

PSO + AICL

0.95

1.36

-0.16

-0.13

PTCL + PSO

2.56

0.95

-0.21

-0.09

PSO

HUBC

AICL

PTCL

PSO + HUBC

0.55

0.45

PSO + AICL

0.65

PTCL + PSO

0.86

Total

2.06

0.45

0.35

0.14

68.67 %

15.07 %

11.57 %

4.69 %

0.35
0.14

S.No

Security/
Commodity

Number of
Shares
Purchased

Purchasing
Price
(1st-August)

PTCL

14189

14.10

PSO

406

246.10

OGDCL

1181

LUCKY

Selling Price (28th

-September)

Cash In
Hand

169.30

178.25

210,573

792

126.28

134.74

106,700

AICL

1542

64.84

HUBC

2275

43.95

Gold

Total

317,273

S.No

Security
/
Commo
dity

Adjustments

Proportion (%)

Required Differen
Shares
Investment
ce
Sold

Shares Shares
Purcha in hand
sed

1-Aug

31-Aug

New

PTCL

20

40.0

4.69

23456

-176544

PSO

10

20.0

68.67

343336

243336

AICL

10

20.0

11.57

57849

-42151

-665

877

HUBC

10

20.0

15.07

75359

-24641

-500

2275

Gold

Total Investment =

500,000

-9935

4254
942

1349

S.No

Security/
Commodity

Amount

Share Price

Shares
Purchased

PTCL

14884

17.77

838

PSO

217862

258.25

844

AICL

36708

63.35

579

HUBC

47819

49.26

971

Gold

S.No

Security/ Commodity

Shares in hand

PTCL

5092

PSO

2192

AICL

1456

HUBC

3246

Gold

August & September

S.No

Company/
Commodity

Average
Return

Variance

Standard
Deviation

PTCL

0.90

6.82

2.61

PSO

-0.28

8.08

2.84

AICL

-0.01

1.25

1.12

HUBC

0.18

2.29

1.51

S.No

Combinations

SD1

SD2

Covariance

Coefficient of
Correlation

PTCL + PSO

2.61

2.84

-0.24

-0.03

PTCL + AICL

2.61

1.12

0.21

0.07

PTCL + HUBC

2.61

1.51

-0.22

-0.06

PSO + AICL

2.84

1.12

-0.25

-0.08

PSO + HUBC

2.84

1.51

0.31

0.07

AICL + HUBC

1.12

1.51

-0.09

-0.05

S.No

Combinations

SD1

SD2

Covariance

Coefficient of
Correlation

PSO + AICL

2.84

1.12

-0.25

-0.08

PTCL + HUBC

2.61

1.51

-0.22

-0.06

AICL + HUBC

1.12

1.51

-0.09

-0.05

PSO
PSO + AICL

HUBC

0.15

AICL

PTCL

0.85

PTCL + HUBC

0.74

0.26

AICL + HUBC

0.36

0.64

Total

0.15

1.10

1.49

0.26

5.08 %

36.59 %

49.56 %

8.76 %

S.No

Proportion (%)
Security/
Commodi
31-Aug 28-Sep
New
ty

Adjustments

Investm Differe
ent
nce

Shares
Shares
in
Shares
Purchas hand
Sold
ed

PTCL

4.69

4.69

8.76

71600

33260

PSO

68.67

68.67

5.08

41557

-519641

AICL

11.57

11.57

49.56

405063 310506

4823

6279

HUBC

15.07

15.07

36.59

299052 175875

3756

7002

Gold

Total Investment = 817,273

1712
-2381

6804
189

ROI (Analysis Based)

Security/
S.No
Amount
Commodity Shares in Price (8th
hand
November)
Earned

ROI (WITHOUT ANALYSIS)

Shares in
hand

Price (8th
November)

Amount
Earned

PTCL

6804

17.23

117204

14189

17.23

244413

PSO

189

217.75

41123

406

217.75

88480

OGDCL

1181

189.08

223367

LUCKY

792

140.26

111071

AICL

6279

65.84

413410

1542

65.84

101542

HUBC

7002

45.84

320939

2275

45.84

104289

Gold

1.32

166,089.89

219013

1.32

166,089.89

219013

Sum= 1,111,688

Sum= 1,092,175

Return =

111,688

Return =

92,175

ROI=

11.17 %

ROI=

9.22 %