Black Diamond Ownership
| BDI Stock | CAD 8.68 0.02 0.23% |
Shares in Circulation | First Issued 2007-03-31 | Previous Quarter 62.5 M | Current Value 62.4 M | Avarage Shares Outstanding 44.5 M | Quarterly Volatility 13.7 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.
Black |
Black Stock Ownership Analysis
About 24.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.74. Some equities with similar Price to Book (P/B) outperform the market in the long run. Black Diamond Group last dividend was issued on the 31st of December 2024. The entity had 2:1 split on the 23rd of August 2011. Black Diamond Group Limited rents and sells modular space and workforce accommodation solutions. The company was founded in 2003 and is headquartered in Calgary, Canada. BLACK DIAMOND operates under Rental Leasing Services classification in Canada and is traded on Toronto Stock Exchange. It employs 270 people. For more info on Black Diamond Group please contact Trevor Haynes at 403 206 4747 or go to https://www.blackdiamondgroup.com.Black Diamond Outstanding Bonds
Black Diamond 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. Black Diamond Group 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 Black bonds can be classified according to their maturity, which is the date when Black Diamond Group 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 Black Diamond
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 Black Diamond 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 Black Diamond will appreciate offsetting losses from the drop in the long position's value.Moving against Black Stock
| 0.83 | FFH | Fairfax Financial | PairCorr |
| 0.74 | FFH-PC | Fairfax Fin Hld | PairCorr |
| 0.68 | ELF | E L Financial | PairCorr |
| 0.58 | FFH-PF | Fairfax Financial | PairCorr |
| 0.57 | FFH-PH | Fairfax Financial | PairCorr |
The ability to find closely correlated positions to Black Diamond could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Black Diamond 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 Black Diamond - 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 Black Diamond Group to buy it.
The correlation of Black Diamond 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 Black Diamond moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Black Diamond Group 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 Black Diamond 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 Black Stock
Black Diamond financial ratios help investors to determine whether Black 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 Black with respect to the benefits of owning Black Diamond security.