DIRTT Environmental Ownership
| DRT Stock | CAD 0.94 0.06 6.82% |
Shares in Circulation | First Issued 2013-03-31 | Previous Quarter 288.5 M | Current Value 191.9 M | Avarage Shares Outstanding 94.4 M | Quarterly Volatility 51.1 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.
DIRTT |
DIRTT Stock Ownership Analysis
About 33.0% of the company shares are held by company insiders. The book value of DIRTT Environmental was currently reported as 0.21. The company has Price/Earnings (P/E) ratio of 116.86. DIRTT Environmental had not issued any dividends in recent years. The entity had 1138:1000 split on the 11th of December 2023. DIRTT Environmental Solutions Ltd. designs, manufactures, and installs prefabricated interior solutions for use primarily in commercial spaces across various industries and businesses in the United States, Canada, internationally. DIRTT Environmental Solutions Ltd. was founded in 2003 and is headquartered in Calgary, Canada. DIRTT ENVIRONMENTAL operates under Engineering Construction classification in Canada and is traded on Toronto Stock Exchange. It employs 1169 people. To learn more about DIRTT Environmental Solutions call Benjamin Urban at 403 723 5000 or check out https://www.dirtt.com.DIRTT Environmental Outstanding Bonds
DIRTT Environmental 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. DIRTT Environmental 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 DIRTT bonds can be classified according to their maturity, which is the date when DIRTT Environmental Solutions 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.
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| MGM Resorts International Corp BondUS552953CD18 | View |
Pair Trading with DIRTT Environmental
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 DIRTT Environmental 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 DIRTT Environmental will appreciate offsetting losses from the drop in the long position's value.Moving together with DIRTT Stock
| 0.8 | RY | Royal Bank | PairCorr |
| 0.75 | TD-PFI | Toronto Dominion Bank | PairCorr |
| 0.61 | AMZN | Amazon CDR | PairCorr |
| 0.69 | BNS | Bank of Nova Scotia | PairCorr |
Moving against DIRTT Stock
The ability to find closely correlated positions to DIRTT Environmental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DIRTT Environmental 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 DIRTT Environmental - 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 DIRTT Environmental Solutions to buy it.
The correlation of DIRTT Environmental 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 DIRTT Environmental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DIRTT Environmental 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 DIRTT Environmental 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 DIRTT Stock
DIRTT Environmental financial ratios help investors to determine whether DIRTT 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 DIRTT with respect to the benefits of owning DIRTT Environmental security.