Ag Growth Ownership
| AFN Stock | CAD 52.77 0.91 1.75% |
Shares in Circulation | First Issued 2006-03-31 | Previous Quarter 19.4 M | Current Value 19.1 M | Avarage Shares Outstanding 15.8 M | Quarterly Volatility 3.4 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
AFN |
AFN Stock Ownership Analysis
About 28.0% of the company shares are held by institutions such as insurance companies. The book value of Ag Growth was presently reported as 16.88. The company has Price/Earnings To Growth (PEG) ratio of 2.01. Ag Growth International last dividend was issued on the 27th of September 2024. Ag Growth International Inc., together with its subsidiaries, manufactures and distributes grain handling, storage, and conditioning equipment in Canada, the United States, and internationally. Ag Growth International Inc. was founded in 1996 and is based in Winnipeg, Canada. AG GROWTH is traded on Toronto Stock Exchange in Canada. For more info on Ag Growth International please contact Timothy Close at 316-264-4604 or go to https://www.aggrowth.com.Ag Growth Outstanding Bonds
Ag Growth issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Ag Growth International uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most AFN bonds can be classified according to their maturity, which is the date when Ag Growth International has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Pair Trading with Ag Growth
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 Ag Growth 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 Ag Growth will appreciate offsetting losses from the drop in the long position's value.Moving against AFN Stock
| 0.8 | DRT | DIRTT Environmental | PairCorr |
| 0.68 | AEM | Agnico Eagle Mines | PairCorr |
| 0.63 | IMG | IAMGold | PairCorr |
| 0.55 | NVDA | NVIDIA CDR | PairCorr |
| 0.45 | TD-PFI | Toronto Dominion Bank | PairCorr |
The ability to find closely correlated positions to Ag Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ag Growth 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 Ag Growth - 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 Ag Growth International to buy it.
The correlation of Ag Growth 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 Ag Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ag Growth International 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 Ag Growth 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 AFN Stock
Ag Growth financial ratios help investors to determine whether AFN 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 AFN with respect to the benefits of owning Ag Growth security.