Mccoy Global Ownership

MCB Stock  CAD 2.91  0.10  3.32%   
Mccoy Global maintains a total of 27.18 Million outstanding shares. Mccoy Global secures 3.65 % of its outstanding shares held by insiders and 27.6 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
 
Shares in Circulation  
First Issued
1998-03-31
Previous Quarter
27 M
Current Value
28.4 M
Avarage Shares Outstanding
22.4 M
Quarterly Volatility
6.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Mccoy Global in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Mccoy Global, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
At this time, Mccoy Global's Dividend Payout Ratio is very stable compared to the past year. As of the 28th of November 2024, Dividend Paid And Capex Coverage Ratio is likely to grow to 1.89, while Dividends Paid is likely to drop about 527.2 K. As of the 28th of November 2024, Net Income Applicable To Common Shares is likely to grow to about 10.6 M, while Common Stock Shares Outstanding is likely to drop about 24.8 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.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mccoy Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Mccoy Stock Ownership Analysis

About 28.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.38. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Mccoy Global last dividend was issued on the 31st of December 2024. McCoy Global Inc., together with its subsidiaries, provides equipment and technologies to support wellbore integrity and assist with collecting critical data for the energy industry. McCoy Global Inc. was founded in 1914 and is headquartered in Edmonton, Canada. MCCOY GLOBAL operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. It employs 138 people. To find out more about Mccoy Global contact James ICDD at 780 453 8451 or learn more at https://www.mccoyglobal.com.

Mccoy Global Outstanding Bonds

Mccoy Global 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. Mccoy Global 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 Mccoy bonds can be classified according to their maturity, which is the date when Mccoy Global 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 Mccoy Global

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 Mccoy Global 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 Mccoy Global will appreciate offsetting losses from the drop in the long position's value.

Moving together with Mccoy Stock

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  0.67ENB-PFU Enbridge Pref LPairCorr
  0.73ENS E Split CorpPairCorr

Moving against Mccoy Stock

  0.43PFE Pfizer Inc CDRPairCorr
The ability to find closely correlated positions to Mccoy Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mccoy Global 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 Mccoy Global - 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 Mccoy Global to buy it.
The correlation of Mccoy Global 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 Mccoy Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mccoy Global 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 Mccoy Global 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Mccoy Stock

Mccoy Global financial ratios help investors to determine whether Mccoy 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 Mccoy with respect to the benefits of owning Mccoy Global security.