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Strategic Finance Assignment
Strategic Finance Assignment
Strategic Finance Assignment
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
SNGPL
NBP
SNGPL
NBP
41.2
59.1
68
67.25
65.55
21.46
24.8
26.74
15.71
23.25
21.3
54.2
80.35
199.45
224.5
232.15
50.32
74.37
76.82
41.05
49.39
56.06
13,508,813,580
123,523,393,168
Year
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
NO. shares
NO. shares
Wi= SNGPL Shares / Total portfolio shares
Wj= NBP Shares / Total portfolio shares
634216600
2203414077
0.22
0.78
A.H Textiles
Adamjee Insurance
A.H Textiles
50
55
50
52
43
43.05
15.01
17.95
13
18.55
33.2
Market Capitalization (MC)
Market Capitalization (MC)
Ahmed Hassan Textile Mills Ltd
Adamjee Insurance Co Ltd
Adamjee Insurance
66.7
65.6
137
152
358.35
101.84
123.3
87.5
46.51
68.14
37.37
478,355,560 NO. shares
4,622,837,165 NO. shares
14408300
123704500
Year
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Total
(Ri - R)2
0.17
0.02
0.00
0.00
0.48
0.02
0.00
0.18
0.21
0.01
1.10
0.11
0.33
19.51
(Ri - R)2
0.03
1.37
0.04
0.08
1.20
0.03
0.08
0.61
0.01
0.03
3.47
0.35
0.59
1.88
year
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Total
Wi
Wj
SNGPL
NBP
Ri - Ri
Rj - Rj
0.42
0.13
-0.03
-0.04
-0.69
0.14
0.06
-0.43
0.46
-0.10
Portfolio
(Ri - Ri)(Rj - Rj)
0.17
1.17
-0.19
-0.28
-1.10
0.16
-0.28
-0.78
-0.11
-0.18
0.07
0.16
0.01
0.01
0.76
0.02
-0.02
0.33
-0.05
0.02
1.31
0.13
0.67
0.22 Covij
0.78 rij = Covij/ij
port =
Rport =
Coeffecient of variance
Wi Ri + Wj Rj
0.25
3.29