Chorus Aviation Ownership

CHR Stock  CAD 3.25  0.06  1.81%   
Chorus Aviation holds a total of 191.11 Million outstanding shares. Chorus Aviation shows 13.82 percent of its outstanding shares held by insiders and 2.75 percent owned by other corporate entities. 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
2006-03-31
Previous Quarter
193.3 M
Current Value
191.6 M
Avarage Shares Outstanding
138.8 M
Quarterly Volatility
35.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Chorus Aviation 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 Chorus Aviation, 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.
As of the 24th of November 2024, Dividends Paid is likely to grow to about 46.4 M. Also, Dividend Yield is likely to grow to 0.09. As of the 24th of November 2024, Common Stock Shares Outstanding is likely to drop to about 149.5 M. In addition to that, Net Income Applicable To Common Shares is likely to drop to about 22.2 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.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chorus Aviation. 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.

Chorus Stock Ownership Analysis

About 14.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.12. Some equities with similar Price to Book (P/B) outperform the market in the long run. Chorus Aviation has Price/Earnings To Growth (PEG) ratio of 0.56. The entity last dividend was issued on the 30th of March 2020. The firm had 1:10 split on the 27th of November 2023. Chorus Aviation Inc., through its subsidiaries, engages in the airline business in Canada and the United States. Chorus Aviation Inc. was incorporated in 2010 and is based in Dartmouth, Canada. CHORUS AVIATION operates under Airlines classification in Canada and is traded on Toronto Stock Exchange. It employs 2164 people. For more info on Chorus Aviation please contact Joseph Randell at 902 873 5000 or go to https://www.chorusaviation.com.

Chorus Aviation Outstanding Bonds

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

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

Moving together with Chorus Stock

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

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