Altius Minerals Ownership
| ALS Stock | CAD 26.47 0.01 0.04% |
Shares in Circulation | First Issued 2002-06-30 | Previous Quarter 47.4 M | Current Value 47.5 M | Avarage Shares Outstanding 34.7 M | Quarterly Volatility 8.7 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.
Altius |
Altius Stock Ownership Analysis
About 19.0% of the company shares are held by company insiders. The book value of Altius Minerals was presently reported as 10.83. The company last dividend was issued on the 29th of November 2024. Altius Minerals had 1:5 split on the 24th of February 2020. Altius Minerals Corporation operates as a diversified mining royalty and streaming company in Canada, the United States, and Brazil. Altius Minerals Corporation was incorporated in 1997 and is headquartered in St. ALTIUS MINERALS operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. For more info on Altius Minerals please contact Brian Dalton at 709 576 3440 or go to https://altiusminerals.com.Altius Minerals Outstanding Bonds
Altius Minerals 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. Altius Minerals 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 Altius bonds can be classified according to their maturity, which is the date when Altius Minerals 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.
Pair Trading with Altius Minerals
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 Altius Minerals 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 Altius Minerals will appreciate offsetting losses from the drop in the long position's value.Moving together with Altius Stock
| 0.7 | AG | First Majestic Silver | PairCorr |
| 0.63 | IE | Ivanhoe Energy | PairCorr |
| 0.62 | FDY | Faraday Copper Corp | PairCorr |
Moving against Altius Stock
The ability to find closely correlated positions to Altius Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altius Minerals 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 Altius Minerals - 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 Altius Minerals to buy it.
The correlation of Altius Minerals 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 Altius Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altius Minerals 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 Altius Minerals 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 Altius Stock
Altius Minerals financial ratios help investors to determine whether Altius 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 Altius with respect to the benefits of owning Altius Minerals security.