E Split Ownership
| ENS Stock | CAD 16.56 0.54 3.37% |
Shares in Circulation | First Issued 2018-09-30 | Previous Quarter 22.8 M | Current Value 22.8 M | Avarage Shares Outstanding 12.7 M | Quarterly Volatility 8.1 M |
ENS |
ENS Stock Ownership Analysis
The company has price-to-book (P/B) ratio of 1.07. Some equities with similar Price to Book (P/B) outperform the market in the long run. E Split Corp recorded earning per share (EPS) of 6.41. The entity last dividend was issued on the 30th of January 2026. To learn more about E Split Corp call the company at 416 362 0714 or check out https://www.middlefield.com/espc.htm.E Split Outstanding Bonds
E Split 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. E Split Corp 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 ENS bonds can be classified according to their maturity, which is the date when E Split Corp 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 E Split
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 E Split 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 E Split will appreciate offsetting losses from the drop in the long position's value.Moving against ENS Stock
| 0.51 | MS | Morgan Stanley CDR | PairCorr |
| 0.44 | SBI | Serabi Gold PLC | PairCorr |
| 0.38 | IB | IBC Advanced Alloys | PairCorr |
| 0.34 | BGI-UN | Brookfield Global | PairCorr |
| 0.33 | JPM | JPMorgan Chase | PairCorr |
The ability to find closely correlated positions to E Split could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace E Split 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 E Split - 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 E Split Corp to buy it.
The correlation of E Split 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 E Split moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if E Split Corp 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 E Split 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 ENS Stock
E Split financial ratios help investors to determine whether ENS 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 ENS with respect to the benefits of owning E Split security.