Aimia Ownership
| AIM Stock | CAD 2.37 0.10 4.05% |
Shares in Circulation | First Issued 2005-09-30 | Previous Quarter 93.1 M | Current Value 95.6 M | Avarage Shares Outstanding 142.9 M | Quarterly Volatility 48.2 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.
Aimia |
Aimia Stock Ownership Analysis
About 32.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.44. Some equities with similar Price to Book (P/B) outperform the market in the long run. Aimia Inc has Price/Earnings To Growth (PEG) ratio of 0.9. The entity recorded a loss per share of 0.95. The firm last dividend was issued on the 14th of June 2017. Aimia had 1:44 split on the 11th of June 2019. Aimia Inc., an investment holding company, focuses on long-term investments in public and private companies. The company, formerly known as Groupe Aeroplan Inc., was incorporated in 2008 and is headquartered in Toronto, Canada. AIMIA INC operates under Specialty Business Services classification in Canada and is traded on Toronto Stock Exchange. It employs 445 people. For more info on Aimia Inc please contact Philip Mittleman at 647-948-8758 or go to https://www.aimia.com.Aimia Outstanding Bonds
Aimia 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. Aimia Inc 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 Aimia bonds can be classified according to their maturity, which is the date when Aimia Inc 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 Aimia
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 Aimia 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 Aimia will appreciate offsetting losses from the drop in the long position's value.Moving against Aimia Stock
| 0.58 | RY-PJ | Royal Bank | PairCorr |
| 0.55 | NVDA | NVIDIA CDR | PairCorr |
| 0.55 | OR | Osisko Gold Ro | PairCorr |
| 0.54 | LUG | Lundin Gold | PairCorr |
| 0.52 | TD-PFI | Toronto Dominion Bank | PairCorr |
The ability to find closely correlated positions to Aimia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aimia 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 Aimia - 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 Aimia Inc to buy it.
The correlation of Aimia 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 Aimia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aimia Inc 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 Aimia 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 Aimia Stock
Aimia financial ratios help investors to determine whether Aimia 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 Aimia with respect to the benefits of owning Aimia security.