Boralex Ownership

BLX Stock  CAD 29.63  0.49  1.63%   
Boralex holds a total of 102.77 Million outstanding shares. Over half of Boralex's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Boralex. Please watch out for any change in the institutional holdings of Boralex as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
 
Shares in Circulation  
First Issued
1996-12-31
Previous Quarter
102.8 M
Current Value
102.8 M
Avarage Shares Outstanding
51.8 M
Quarterly Volatility
30 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Boralex in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Boralex, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
At this time, Boralex's Dividend Yield is very stable compared to the past year. As of the 26th of November 2024, Dividend Paid And Capex Coverage Ratio is likely to grow to 1.50, while Dividends Paid is likely to drop about 52.9 M. As of the 26th of November 2024, Net Income Applicable To Common Shares is likely to grow to about 36.2 M, while Common Stock Shares Outstanding is likely to drop about 54.1 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.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boralex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Boralex Stock Ownership Analysis

About 59.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.91. Some equities with similar Price to Book (P/B) outperform the market in the long run. Boralex has Price/Earnings To Growth (PEG) ratio of 2.22. The entity last dividend was issued on the 29th of November 2024. The firm had 1:10 split on the 4th of April 1997. Boralex Inc., together with its subsidiaries, develops, constructs, and operates renewable energy power facilities primarily in Canada, France, the United Kingdom, and the United States. Boralex Inc. was founded in 1982 and is headquartered in Kingsey Falls, Canada. BORALEX INC operates under UtilitiesRenewable classification in Canada and is traded on Toronto Stock Exchange. It employs 482 people. For more info on Boralex please contact Patrick Lemaire at 819 363 6363 or go to https://www.boralex.com.

Boralex Outstanding Bonds

Boralex 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. Boralex 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 Boralex bonds can be classified according to their maturity, which is the date when Boralex 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 Boralex

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 Boralex 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 Boralex will appreciate offsetting losses from the drop in the long position's value.

Moving against Boralex Stock

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The ability to find closely correlated positions to Boralex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boralex 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 Boralex - 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 Boralex to buy it.
The correlation of Boralex 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 Boralex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boralex 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 Boralex 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Boralex Stock

Boralex financial ratios help investors to determine whether Boralex 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 Boralex with respect to the benefits of owning Boralex security.