Starcore International Ownership
| SAM Stock | CAD 0.16 0.02 14.29% |
Shares in Circulation | First Issued 1998-12-31 | Previous Quarter 74.5 M | Current Value 74.5 M | Avarage Shares Outstanding 34.8 M | Quarterly Volatility 20.4 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.
Starcore |
Starcore Stock Ownership Analysis
About 14.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.28. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Starcore International recorded a loss per share of 0.03. The entity last dividend was issued on the 27th of August 2014. The firm had 1:4 split on the 14th of December 2015. Starcore International Mines Ltd., a mineral resource company, explores for, develops, and produces mineral resources in Mexico. Starcore International Mines Ltd. was incorporated in 1980 and is headquartered in Vancouver, Canada. STARCORE INTERNATIONAL operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. To find out more about Starcore International Mines contact Robert Eadie at 604 602 4935 or learn more at https://www.starcore.com.Starcore International Outstanding Bonds
Starcore International 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. Starcore International 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 Starcore bonds can be classified according to their maturity, which is the date when Starcore International Mines 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 Starcore International
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 Starcore International 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 Starcore International will appreciate offsetting losses from the drop in the long position's value.Moving together with Starcore Stock
| 0.65 | AG | First Majestic Silver | PairCorr |
| 0.61 | IE | Ivanhoe Energy | PairCorr |
| 0.68 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to Starcore International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Starcore International 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 Starcore International - 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 Starcore International Mines to buy it.
The correlation of Starcore International 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 Starcore International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Starcore International 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 Starcore International 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 Starcore Stock
Starcore International financial ratios help investors to determine whether Starcore 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 Starcore with respect to the benefits of owning Starcore International security.