Canadian Solar Ownership
| CSIQ Stock | USD 10.46 0.22 2.15% |
Shares in Circulation | First Issued 2004-03-31 | Previous Quarter 67 M | Current Value 66.9 M | Avarage Shares Outstanding 49.1 M | Quarterly Volatility 15.9 M |
Canadian |
Canadian Stock Ownership Analysis
About 29.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.24. Some equities with similar Price to Book (P/B) outperform the market in the long run. Canadian Solar has Price/Earnings To Growth (PEG) ratio of 0.16. The entity recorded a loss per share of 0.14. The firm had not issued any dividends in recent years. Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power and battery storage products in Asia, the Americas, Europe, and internationally. The company was incorporated in 2001 and is headquartered in Guelph, Canada. Canadian Solar operates under Solar classification in the United States and is traded on NASDAQ Exchange. It employs 13535 people. For more info on Canadian Solar please contact Xiaohua Qu at 519-837-1881 or go to https://www.canadiansolar.com.Besides selling stocks to institutional investors, Canadian Solar also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Canadian Solar's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Canadian Solar's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Canadian Solar Quarterly Liabilities And Stockholders Equity |
|
About 29.0% of Canadian Solar are currently held by insiders. Unlike Canadian Solar's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Canadian Solar's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Canadian Solar's insider trades
Canadian Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Canadian Solar is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Canadian Solar backward and forwards among themselves. Canadian Solar's institutional investor refers to the entity that pools money to purchase Canadian Solar's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Jane Street Group Llc | 2024-09-30 | 811.1 K | Mirae Asset Global Etfs Holdings Ltd. | 2024-09-30 | 759.5 K | Guinness Asset Management Limited | 2024-12-31 | 731.8 K | Bank Of America Corp | 2024-09-30 | 635 K | Susquehanna International Group, Llp | 2024-09-30 | 498.1 K | Simplex Trading, Llc | 2024-09-30 | 489.9 K | State Street Corp | 2024-09-30 | 486.8 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 464.6 K | Hpm Partners Llc | 2024-09-30 | 428.7 K | Blackrock Inc | 2024-09-30 | 5.2 M | Mackenzie Investments | 2024-09-30 | 5.2 M |
Canadian Solar Outstanding Bonds
Canadian Solar 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. Canadian Solar 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 Canadian bonds can be classified according to their maturity, which is the date when Canadian Solar 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.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Canadian Solar Corporate Filings
| 24th of January 2025 Other Reports | ViewVerify | |
6K | 5th of December 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 13th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 29th of May 2024 Other Reports | ViewVerify |
Pair Trading with Canadian Solar
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 Canadian Solar 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 Canadian Solar will appreciate offsetting losses from the drop in the long position's value.Moving together with Canadian Stock
Moving against Canadian Stock
| 0.65 | CSCO | Cisco Systems | PairCorr |
| 0.44 | NVMI | Nova | PairCorr |
| 0.42 | TER | Teradyne Downward Rally | PairCorr |
| 0.39 | MSFT | Microsoft Downward Rally | PairCorr |
The ability to find closely correlated positions to Canadian Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Solar 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 Canadian Solar - 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 Canadian Solar to buy it.
The correlation of Canadian Solar 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 Canadian Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Solar 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 Canadian Solar 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.Additional Tools for Canadian Stock Analysis
When running Canadian Solar's price analysis, check to measure Canadian Solar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Solar is operating at the current time. Most of Canadian Solar's value examination focuses on studying past and present price action to predict the probability of Canadian Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Solar's price. Additionally, you may evaluate how the addition of Canadian Solar to your portfolios can decrease your overall portfolio volatility.