Cineplex Ownership
| CGX Stock | CAD 11.07 0.04 0.36% |
Shares in Circulation | First Issued 2004-03-31 | Previous Quarter 63.7 M | Current Value 63.7 M | Avarage Shares Outstanding 60.8 M | Quarterly Volatility 6.8 M |
Cineplex |
Cineplex Stock Ownership Analysis
About 28.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 1.9. Cineplex last dividend was issued on the 30th of January 2020. The entity had 2:1 split on the 13th of January 1997. Cineplex Inc., through its subsidiaries, operates as an entertainment and media company in Canada and internationally. Cineplex Inc. was founded in 2003 and is headquartered in Toronto, Canada. CINEPLEX INC operates under Entertainment classification in Canada and is traded on Toronto Stock Exchange. It employs 13000 people. For more info on Cineplex please contact CM CMA at 416 323 6600 or go to https://www.cineplex.com.Cineplex Outstanding Bonds
Cineplex 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. Cineplex 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 Cineplex bonds can be classified according to their maturity, which is the date when Cineplex 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.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Pair Trading with Cineplex
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 Cineplex 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 Cineplex will appreciate offsetting losses from the drop in the long position's value.Moving together with Cineplex Stock
Moving against Cineplex Stock
| 0.76 | XOM | EXXON MOBIL CDR Earnings Call Tomorrow | PairCorr |
| 0.68 | UNH | UnitedHealth Group CDR | PairCorr |
| 0.67 | CVS | CVS HEALTH CDR Earnings Call This Week | PairCorr |
| 0.45 | ABR | Arbor Metals Corp | PairCorr |
| 0.37 | BRK | Berkshire Hathaway CDR | PairCorr |
The ability to find closely correlated positions to Cineplex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cineplex 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 Cineplex - 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 Cineplex to buy it.
The correlation of Cineplex 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 Cineplex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cineplex 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 Cineplex 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 Cineplex Stock
Cineplex financial ratios help investors to determine whether Cineplex 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 Cineplex with respect to the benefits of owning Cineplex security.