High Liner Ownership
| HLF Stock | CAD 15.25 0.51 3.46% |
Shares in Circulation | First Issued 1993-03-31 | Previous Quarter 33.6 M | Current Value 32.8 M | Avarage Shares Outstanding 26.8 M | Quarterly Volatility 7.3 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.
High |
High Stock Ownership Analysis
About 44.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.77. Some equities with similar Price to Book (P/B) outperform the market in the long run. High Liner Foods last dividend was issued on the 29th of November 2024. The entity had 2:1 split on the 2nd of June 2014. High Liner Foods Incorporated processes and markets prepared and packaged frozen seafood products in the United States and Canada. High Liner Foods Incorporated was founded in 1899 and is headquartered in Lunenburg, Canada. HIGH LINER operates under Packaged Foods classification in Canada and is traded on Toronto Stock Exchange. It employs 1200 people. To learn more about High Liner Foods call Rodney Hepponstall at 902 634 8811 or check out https://www.highlinerfoods.com.Pair Trading with High Liner
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 High Liner 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 High Liner will appreciate offsetting losses from the drop in the long position's value.Moving against High Stock
| 0.66 | QBR-A | Quebecor | PairCorr |
| 0.57 | THRM | Therma Bright | PairCorr |
| 0.5 | XIM | Ximen Mining Corp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to High Liner could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace High Liner 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 High Liner - 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 High Liner Foods to buy it.
The correlation of High Liner 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 High Liner moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if High Liner Foods 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 High Liner 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 High Stock
High Liner financial ratios help investors to determine whether High 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 High with respect to the benefits of owning High Liner security.