Kinross Gold Ownership
| K Stock | CAD 14.27 0.20 1.42% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 1.2 B | Current Value 1.2 B | Avarage Shares Outstanding 687.1 M | Quarterly Volatility 534.2 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.
Kinross |
Kinross Stock Ownership Analysis
About 69.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.89. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Kinross Gold Corp last dividend was issued on the 28th of November 2024. The entity had 1:3 split on the 3rd of February 2003. Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. The company was founded in 1993 and is headquartered in Toronto, Canada. KINROSS GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 8447 people. To find out more about Kinross Gold Corp contact J Rollinson at 416 365 5123 or learn more at https://www.kinross.com.Kinross Gold Outstanding Bonds
Kinross Gold 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. Kinross Gold 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 Kinross bonds can be classified according to their maturity, which is the date when Kinross Gold 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.
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Pair Trading with Kinross Gold
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 Kinross Gold 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 Kinross Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Kinross Stock
| 0.92 | AG | First Majestic Silver | PairCorr |
| 0.87 | IE | Ivanhoe Energy | PairCorr |
| 0.82 | FDY | Faraday Copper Corp | PairCorr |
Moving against Kinross Stock
The ability to find closely correlated positions to Kinross Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kinross Gold 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 Kinross Gold - 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 Kinross Gold Corp to buy it.
The correlation of Kinross Gold 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 Kinross Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kinross Gold 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 Kinross Gold 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 Kinross Stock
Kinross Gold financial ratios help investors to determine whether Kinross 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 Kinross with respect to the benefits of owning Kinross Gold security.