The beta ( ) calculation of Attock Petroleum limited revealed that the Beta Coefficient was 0.536309023. This implies that the relative movements or risk of APL is almost half of the relative movements of the average risk stock (kse100-index) The Multiple R for Attock Petroleum is 0.421533223223836 which shows that the relationship of this stock and the market index is positive. This means that when the market moves up, the stock will fluctuate by a lower percentage in the direction
The beta ( ) calculation of Attock Petroleum limited revealed that the Beta Coefficient was 0.536309023. This implies that the relative movements or risk of APL is almost half of the relativ…