Capital Power Ownership
| CPX Stock | CAD 61.93 2.06 3.44% |
Shares in Circulation | First Issued 2010-03-31 | Previous Quarter 151.2 M | Current Value 155.3 M | Avarage Shares Outstanding 100.3 M | Quarterly Volatility 24.4 M |
Capital |
Capital Stock Ownership Analysis
About 25.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.92. Some equities with similar Price to Book (P/B) outperform the market in the long run. Capital Power has Price/Earnings To Growth (PEG) ratio of 2.9. The entity last dividend was issued on the 31st of December 2025. Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. The company was founded in 1891 and is headquartered in Edmonton, Canada. CAPITAL POWER operates under UtilitiesIndependent Power Producers classification in Canada and is traded on Toronto Stock Exchange. It employs 773 people. For more info on Capital Power please contact Brian Vaasjo at 780 392 5100 or go to https://www.capitalpower.com.Capital Power Outstanding Bonds
Capital Power 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. Capital Power 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 Capital bonds can be classified according to their maturity, which is the date when Capital Power 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 | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with Capital Power
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 Capital Power 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 Capital Power will appreciate offsetting losses from the drop in the long position's value.Moving against Capital Stock
| 0.5 | BPF-UN | Boston Pizza Royalties | PairCorr |
| 0.45 | LOVE | Cannara Biotech | PairCorr |
| 0.43 | DF | Dividend 15 Split | PairCorr |
| 0.43 | BTE | Baytex Energy Corp | PairCorr |
| 0.43 | BKI | Black Iron | PairCorr |
The ability to find closely correlated positions to Capital Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capital Power 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 Capital Power - 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 Capital Power to buy it.
The correlation of Capital Power 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 Capital Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capital Power 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 Capital Power 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 Capital Stock
Capital Power financial ratios help investors to determine whether Capital 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 Capital with respect to the benefits of owning Capital Power security.