Caribbean Utilities Ownership
| CUP-U Stock | USD 13.88 0.02 0.14% |
Shares in Circulation | First Issued 1997-06-30 | Previous Quarter 38 M | Current Value 38.1 M | Avarage Shares Outstanding 29.2 M | Quarterly Volatility 4.7 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.
Caribbean |
Caribbean Stock Ownership Analysis
About 53.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.74. Some equities with similar Price to Book (P/B) outperform the market in the long run. Caribbean Utilities last dividend was issued on the 29th of November 2024. Caribbean Utilities Company, Ltd. engages in the electricity generation, transmission, and distribution activities in Grand Cayman, the Cayman Islands. The company was founded in 1966 and is headquartered in Grand Cayman, the Cayman Islands. CARIBBEAN UTIL operates under Utilities - Regulated Electric classification in Canada and is traded on Toronto Stock Exchange. It employs 237 people. For more info on Caribbean Utilities please contact J Hew at 345 949 5200 or go to https://www.cuc-cayman.com.Pair Trading with Caribbean Utilities
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 Caribbean Utilities 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 Caribbean Utilities will appreciate offsetting losses from the drop in the long position's value.Moving against Caribbean Stock
| 0.68 | JPM | JPMorgan Chase | PairCorr |
| 0.61 | BOFA | Bank of America | PairCorr |
| 0.61 | RY-PS | Royal Bank | PairCorr |
| 0.52 | RY-PM | Royal Bank | PairCorr |
| 0.51 | RY-PJ | Royal Bank | PairCorr |
The ability to find closely correlated positions to Caribbean Utilities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caribbean Utilities 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 Caribbean Utilities - 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 Caribbean Utilities to buy it.
The correlation of Caribbean Utilities 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 Caribbean Utilities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caribbean Utilities 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 Caribbean Utilities 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 Caribbean Stock Analysis
When running Caribbean Utilities' price analysis, check to measure Caribbean Utilities' 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 Caribbean Utilities is operating at the current time. Most of Caribbean Utilities' value examination focuses on studying past and present price action to predict the probability of Caribbean Utilities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caribbean Utilities' price. Additionally, you may evaluate how the addition of Caribbean Utilities to your portfolios can decrease your overall portfolio volatility.