PyroGenesis Canada Ownership
| PYR Stock | CAD 0.45 0.02 4.26% |
Shares in Circulation | First Issued 2006-03-31 | Previous Quarter 186.8 M | Current Value 191.3 M | Avarage Shares Outstanding 91.8 M | Quarterly Volatility 65.3 M |
PyroGenesis |
PyroGenesis Stock Ownership Analysis
About 42.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.16. PyroGenesis Canada had not issued any dividends in recent years. The entity had 0:1 split on the 20th of July 2011. PyroGenesis Canada Inc. designs, develops, manufactures, and commercializes plasma processes and systems in Canada and internationally. Additionally, it offers installation, commissioning, and start-up services. PYROGENESIS CANADA operates under Specialty Industrial Machinery classification in Canada and is traded on Toronto Stock Exchange. To find out more about PyroGenesis Canada contact the company at 514 937 0002 or learn more at https://www.pyrogenesis.com.PyroGenesis Canada Outstanding Bonds
PyroGenesis Canada 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. PyroGenesis Canada 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 PyroGenesis bonds can be classified according to their maturity, which is the date when PyroGenesis Canada 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 PyroGenesis Canada
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 PyroGenesis Canada 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 PyroGenesis Canada will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to PyroGenesis Canada could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PyroGenesis Canada 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 PyroGenesis Canada - 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 PyroGenesis Canada to buy it.
The correlation of PyroGenesis Canada 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 PyroGenesis Canada moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PyroGenesis Canada 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 PyroGenesis Canada 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 PyroGenesis Stock
PyroGenesis Canada financial ratios help investors to determine whether PyroGenesis 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 PyroGenesis with respect to the benefits of owning PyroGenesis Canada security.