Marimaca Copper Ownership
| MARI Stock | CAD 5.61 0.03 0.54% |
Shares in Circulation | First Issued 2006-03-31 | Previous Quarter 93.2 M | Current Value 94.3 M | Avarage Shares Outstanding 31.4 M | Quarterly Volatility 34.3 M |
Marimaca |
Marimaca Stock Ownership Analysis
About 25.0% of the company outstanding shares are owned by corporate insiders. The book value of Marimaca Copper was now reported as 1.01. The company recorded a loss per share of 0.16. Marimaca Copper Corp last dividend was issued on the 27th of May 2020. The entity had 1:25 split on the 27th of May 2020. Marimaca Copper Corp. engages in the acquisition, exploration, and development of mineral properties and projects in the United States and Chile. Marimaca Copper Corp. was incorporated in 2004 and is headquartered in Toronto, Canada. MARIMACA COPPER operates under Copper classification in Canada and is traded on Toronto Stock Exchange. It employs 23 people. To find out more about Marimaca Copper Corp contact Hayden Locke at 56 22 432 7608 or learn more at https://marimaca.com.Marimaca Copper Outstanding Bonds
Marimaca Copper 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. Marimaca Copper 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 Marimaca bonds can be classified according to their maturity, which is the date when Marimaca Copper 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 Marimaca Copper
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 Marimaca Copper 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 Marimaca Copper will appreciate offsetting losses from the drop in the long position's value.Moving together with Marimaca Stock
Moving against Marimaca Stock
| 0.85 | INFM | Infinico Metals Corp | PairCorr |
| 0.81 | IE | Ivanhoe Energy | PairCorr |
| 0.71 | AG | First Majestic Silver | PairCorr |
| 0.64 | FDY | Faraday Copper Corp | PairCorr |
| 0.5 | XOM | EXXON MOBIL CDR Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Marimaca Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marimaca Copper 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 Marimaca Copper - 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 Marimaca Copper Corp to buy it.
The correlation of Marimaca Copper 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 Marimaca Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marimaca Copper 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 Marimaca Copper 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 Marimaca Stock
Marimaca Copper financial ratios help investors to determine whether Marimaca 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 Marimaca with respect to the benefits of owning Marimaca Copper security.