Guardian Directed Ownership
| GDPY-B Etf | CAD 21.57 0.01 0.05% |
Guardian |
Guardian Etf Ownership Analysis
The fund retains 101.79% of assets under management (AUM) in equities. GUARDIAN DIRECTED is traded on Toronto Stock Exchange in Canada. To learn more about Guardian Directed Premium call the company at NA.Top Etf Constituents
| CME | CME Group | Stock | |
| CL | Colgate Palmolive | Stock | |
| MA | Mastercard | Stock | |
| OR | LOreal SA | Stock | |
| UNH | UnitedHealth Group Incorporated | Stock | |
| BKNG | Booking Holdings | Stock | |
| YUMC | Yum China Holdings | Stock | |
| MSFT | Microsoft | Stock | |
| ACN | Accenture plc | Stock |
Guardian Directed Outstanding Bonds
Guardian Directed 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. Guardian Directed Premium 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 Guardian bonds can be classified according to their maturity, which is the date when Guardian Directed Premium 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 | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Pair Trading with Guardian Directed
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 Guardian Directed 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 Guardian Directed will appreciate offsetting losses from the drop in the long position's value.Moving together with Guardian Etf
| 0.64 | XSP | iShares Core SP | PairCorr |
| 0.77 | ZAG | BMO Aggregate Bond | PairCorr |
| 0.78 | XBB | iShares Canadian Universe | PairCorr |
Moving against Guardian Etf
The ability to find closely correlated positions to Guardian Directed could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Guardian Directed 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 Guardian Directed - 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 Guardian Directed Premium to buy it.
The correlation of Guardian Directed 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 Guardian Directed moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Guardian Directed Premium 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 Guardian Directed 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 Guardian Etf
Guardian Directed financial ratios help investors to determine whether Guardian Etf 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 Guardian with respect to the benefits of owning Guardian Directed security.