Period

Share price

HPR= Pn/Po

30-06-2006
31-07-2006
31-08-2006
29-09-2006
31-10-2006
30-11-2006
28-12-2006
31-01-2007
28-02-2007
31-03-2007
30-04-2007
31-05-2007
29-06-2007
31-07-2007
31-08-2007
28-09-2007
31-10-2007
30-11-2007
31-12-2007
31-01-2008
29-02-2008
31-03-2008
30-04-2008
30-05-2008
30-06-2008
31-07-2008
29-08-2008
30-09-2008
31-10-2008
28-11-2008
31-12-2008
30-01-2009
27-02-2009
31-03-2009
30-04-2009
29-05-2009
30-06-2009

PKR 22.80
PKR 21.85
PKR 19.20
PKR 20.00
PKR 17.40
PKR 13.75
PKR 12.70
PKR 10.95
PKR 10.05
PKR 9.60
PKR 11.25
PKR 12.45
PKR 14.65
PKR 12.30
PKR 10.30
PKR 12.05
PKR 13.90
PKR 14.50
PKR 15.20
PKR 14.05
PKR 13.70
PKR 14.00
PKR 13.75
PKR 10.90
PKR 11.46
PKR 10.45
PKR 6.88
PKR 6.55
PKR 6.55
PKR 6.55
PKR 3.85
PKR 3.42
PKR 4.45
PKR 8.66
PKR 6.06
PKR 5.94
PKR 6.81

0.9583
0.8787
1.0417
0.8700
0.7902
0.9236
0.8622
0.9178
0.9552
1.1719
1.1067
1.1767
0.8396
0.8374
1.1699
1.1535
1.0432
1.0483
0.9243
0.9751
1.0219
0.9821
0.7927
1.0514
0.9119
0.6584
0.9520
1.0000
1.0000
0.5878
0.8883
1.3012
1.9461
0.6998
0.9802
1.1465

0.2987

HPY= HPR-1

Annual HPR

Annual HPY

-0.04
-0.12
0.04
-0.13
-0.21
-0.08
-0.14
-0.08
-0.04
0.17
0.11
0.18
-0.16
-0.16
0.17
0.15
0.04
0.05
-0.08
-0.02
0.02
-0.02
-0.21
0.05
-0.09
-0.34
-0.05
0.00
0.00
-0.41
-0.11
0.30
0.95
-0.30
-0.02
0.15

0.6001
0.2119
1.6321
0.1880
0.0593
0.3855
0.1688
0.3573
0.5771
6.7077
3.3744
7.0472
0.1227
0.1189
6.5735
5.5505
1.6605
1.7608
0.3890
0.7388
1.2968
0.8056
0.0616
1.8243
0.3305
0.0066
0.5544
1.0000
1.0000
0.0017
0.2414
23.5509
2950.4929
0.0138
0.7866
5.1562

-0.3999
-0.7881
0.6321
-0.8120
-0.9407
-0.6145
-0.8312
-0.6427
-0.4229
5.7077
2.3744
6.0472
-0.8773
-0.8811
5.5735
4.5505
0.6605
0.7608
-0.6110
-0.2612
0.2968
-0.1944
-0.9384
0.8243
-0.6695
-0.9934
-0.4456
0.0000
0.0000
-0.9983
-0.7586
22.5509
2949.4929
-0.9862
-0.2134
4.1562

-0.44

Arithmatic Mean= HPY/ Geomatric Mean={(HPR)^(1/)}-1

-0.0122

-0.0330

Annualized AM
-0.1372

Date

Market Share Price

Rs

(Rs-Rs)

30-06-2006
31-07-2006
31-08-2006
29-09-2006
31-10-2006
30-11-2006
28-12-2006
31-01-2007
28-02-2007
31-03-2007
30-04-2007
31-05-2007
29-06-2007
31-07-2007
31-08-2007
28-09-2007
31-10-2007
30-11-2007
31-12-2007
31-01-2008
29-02-2008
31-03-2008
30-04-2008
30-05-2008
30-06-2008
31-07-2008
29-08-2008
30-09-2008
31-10-2008
28-11-2008
31-12-2008
30-01-2009
27-02-2009
31-03-2009
30-04-2009
29-05-2009
30-06-2009

PKR 22.80
PKR 21.85
PKR 19.20
PKR 20.00
PKR 17.40
PKR 13.75
PKR 12.70
PKR 10.95
PKR 10.05
PKR 9.60
PKR 11.25
PKR 12.45
PKR 14.65
PKR 12.30
PKR 10.30
PKR 12.05
PKR 13.90
PKR 14.50
PKR 15.20
PKR 14.05
PKR 13.70
PKR 14.00
PKR 13.75
PKR 10.90
PKR 11.46
PKR 10.45
PKR 6.88
PKR 6.55
PKR 6.55
PKR 6.55
PKR 3.85
PKR 3.42
PKR 4.45
PKR 8.66
PKR 6.06
PKR 5.94
PKR 6.81

-0.0417
-0.1213
0.0417
-0.1300
-0.2098
-0.0764
-0.1378
-0.0822
-0.0448
0.1719
0.1067
0.1767
-0.1604
-0.1626
0.1699
0.1535
0.0432
0.0483
-0.0757
-0.0249
0.0219
-0.0179
-0.2073
0.0514
-0.0881
-0.3416
-0.0480
0.0000
0.0000
-0.4122
-0.1117
0.3012
0.9461
-0.3002
-0.0198
0.1465

-0.0296
-0.1092
0.0538
-0.1179
-0.1977
-0.0643
-0.1257
-0.0701
-0.0327
0.1840
0.1188
0.1888
-0.1483
-0.1505
0.1820
0.1656
0.0553
0.0604
-0.0636
-0.0128
0.0340
-0.0058
-0.1952
0.0635
-0.0760
-0.3295
-0.0359
0.0121
0.0121
-0.4001
-0.0996
0.3133
0.9582
-0.2881
-0.0077
0.1586

-0.4355
Rs
-0.0121

(Rs-Rs)

Index

0.0009
0.0119
0.0029
0.0139
0.0391
0.0041
0.0158
0.0049
0.0011
0.0338
0.0141
0.0356
0.0220
0.0227
0.0331
0.0274
0.0031
0.0036
0.0040
0.0002
0.0012
0.0000
0.0381
0.0040
0.0058
0.1086
0.0013
0.0001
0.0001
0.1601
0.0099
0.0981
0.9181
0.0830
0.0001
0.0251

9,989.41

1.7480

10,497.66
10,063.54
10,512.52
11,327.71
10,619.47
10,040.50
11,272.33
11,180.02
11,271.59
12,369.70
12,961.14
13,772.46
13,739.53
12,214.26
13,353.68
14,321.39
13,998.52
14,077.16
14,016.94
14,934.30
15,125.89
15,122.47
12,130.51
12,289.03
10,583.58
9,208.26
9,179.68
9,182.88
9,187.10
5,865.01
5,377.42
5,727.46
6,860.22
7,202.10
7,276.61
7,162.18

RM

(RM-RM)

0.0509
-0.0414
0.0446
0.0775
-0.0625
-0.0545
0.1227
-0.0082
0.0082
0.0974
0.0478
0.0626
-0.0024
-0.1110
0.0933
0.0725
-0.0225
0.0056
-0.0043
0.0654
0.0128
-0.0002
-0.1978
0.0131
-0.1388
-0.1299
-0.0031
0.0003
0.0005
-0.3616
-0.0831
0.0651
0.1978
0.0498
0.0103
-0.0157

0.0548
-0.0375
0.0485
0.0814
-0.0586
-0.0506
0.1266
-0.0043
0.0121
0.1013
0.0517
0.0665
0.0015
-0.1071
0.0972
0.0764
-0.0186
0.0095
-0.0004
0.0693
0.0167
0.0037
-0.1939
0.0170
-0.1349
-0.1260
0.0008
0.0042
0.0044
-0.3577
-0.0792
0.0690
0.2017
0.0537
0.0142
-0.0118

-0.1389

0.0015

Rm
-0.0039

(RM-RM)

(Rs-Rs)(RM-RM)

0.0030
0.0014
0.0024
0.0066
0.0034
0.0026
0.0160
0.0000
0.0001
0.0103
0.0027
0.0044
0.0000
0.0115
0.0094
0.0058
0.0003
0.0001
0.0000
0.0048
0.0003
0.0000
0.0376
0.0003
0.0182
0.0159
0.0000
0.0000
0.0000
0.1280
0.0063
0.0048
0.0407
0.0029
0.0002
0.0001

-0.0016
0.0041
0.0026
-0.0096
0.0116
0.0033
-0.0159
0.0003
-0.0004
0.0186
0.0061
0.0126
-0.0002
0.0161
0.0177
0.0126
-0.0010
0.0006
0.0000
-0.0009
0.0006
0.0000
0.0379
0.0011
0.0103
0.0415
0.0000
0.0001
0.0001
0.1431
0.0079
0.0216
0.1932
-0.0155
-0.0001
-0.0019

0.3402

0.5163

murtaza_raza700@yahoo.com

Rs=(RS/n)

RM=(RM/n)

-0.0121

-0.0039

Total Risk=S=(((Rs-Rs)/n))
0.2204

Relative Risk=s/RS

M=(((RM-RM)/n))

-18.2171

0.0972

=(Cov(Rs,RM))/M
1.5179

Cov(Rs,RM)=((Rs-Rs)(RM-RM))/n
0.0143

e=S-M

Unsystematic Risk=e=e

0.0342

0.1850

Systematic Risk=M=(S-e)
0.0354

Date

Open

High

Low

Close

Avg Vol

9-Jun

7,289.14

7,328.46

6,805.90

7,162.18

9-May

7,222.85

7,435.00

6,841.03

7,276.61

9-Apr

6,907.74

8,038.02

6,899.46

7,202.10

9-Mar

5,730.21

7,076.82

5,283.73

6,860.22

9-Feb

5,373.38

6,117.82

5,258.44

5,727.46

9-Jan

5,753.16

6,244.11

4,781.78

5,377.42

8-Dec

9,187.10

9,187.10

5,865.01

5,865.01

8-Nov

9,182.88

9,187.10

9,182.88

9,187.10

8-Oct

9,179.68

9,186.90

9,178.73

9,182.88

8-Sep

9,207.87

9,461.04

9,178.36

9,179.68

8-Aug

10,498.14

11,061.45

8,999.36

9,208.26

8-Jul

12,212.81

12,276.22

10,036.14

10,583.58

8-Jun

12,088.59

13,282.71

11,134.85

12,289.03

8-May

15,186.82

15,201.27

11,699.29

12,130.51

8-Apr

15,114.25

15,739.25

15,052.91

15,122.47

8-Mar

14,964.56

15,333.97

14,506.01

15,125.89

8-Feb

14,016.05

15,155.68

13,817.18

14,934.30

8-Jan

13,633.04

14,370.63

13,335.61

14,016.94

7-Dec

13,999.30

14,876.00

13,849.62

14,077.16

7-Nov

14,330.90

14,330.90

12,881.83

13,998.52

7-Oct

13,560.37

14,908.91

13,548.96

14,321.39

7-Sep

12,124.69

13,365.41

11,997.85

13,353.68

7-Aug

13,753.38

13,854.14

11,806.18

12,214.26

7-Jul

13,829.97

14,290.43

12,950.52

13,739.53

7-Jun

13,016.76

13,805.55

12,872.52

13,772.46

7-May

12,419.17

12,994.38

12,049.68

12,961.14

7-Apr

11,282.28

12,376.42

11,245.12

12,369.70

7-Mar

11,196.28

11,496.13

10,854.46

11,271.59

7-Feb

11,301.53

12,047.40

11,157.77

11,180.02

7-Jan

10,057.68

11,272.33

10,020.07

11,272.33

6-Dec

10,587.90

10,743.98

9,696.67

10,040.50

6-Nov

11,243.30

11,297.67

10,394.36

10,619.47

6-Oct

10,532.29

11,635.40

10,531.45

11,327.71

6-Sep

10,035.58

10,562.64

9,798.77

10,512.52

6-Aug

10,489.48

10,908.28

9,364.69

10,063.54

6-Jul

9,959.24

10,497.93

9,437.99

10,497.66

6-Jun

10,016.98

10,103.08

9,875.97

9,989.41

Adj Close*
7,162.18

9,989.41

7,276.61

10,497.66

7,202.10

10,063.54

6,860.22

10,512.52

5,727.46

11,327.71

5,377.42

10,619.47

5,865.01

10,040.50

9,187.10

11,272.33

9,182.88

11,180.02

9,179.68

11,271.59

9,208.26

12,369.70

10,583.58

12,961.14

12,289.03

13,772.46

12,130.51

13,739.53

15,122.47

12,214.26

15,125.89

13,353.68

14,934.30

14,321.39

14,016.94

13,998.52

14,077.16

14,077.16

13,998.52

14,016.94

14,321.39

14,934.30

13,353.68

15,125.89

12,214.26

15,122.47

13,739.53

12,130.51

13,772.46

12,289.03

12,961.14

10,583.58

12,369.70

9,208.26

11,271.59

9,179.68

11,180.02

9,182.88

11,272.33

9,187.10

10,040.50

5,865.01

10,619.47

5,377.42

11,327.71

5,727.46

10,512.52

6,860.22

10,063.54

7,202.10

10,497.66

7,276.61

9,989.41

7,162.18