Savaria Ownership

SIS Stock  CAD 22.72  0.09  0.39%   
Savaria shows a total of 71.37 Million outstanding shares. Savaria has significant amount of outstanding shares owned by insiders and institutional investors .Since such a large part of the company is not owned by regular investors, we recommend to check if there were significant buying or selling the Savaria stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
 
Shares in Circulation  
First Issued
2002-03-31
Previous Quarter
71.2 M
Current Value
71.4 M
Avarage Shares Outstanding
35.6 M
Quarterly Volatility
15.7 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Savaria 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 Savaria, 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, Savaria's Dividends Paid is very stable compared to the past year. As of the 23rd of November 2024, Dividend Payout Ratio is likely to grow to 0.95, while Dividend Yield is likely to drop 0.03. As of the 23rd of November 2024, Net Income Applicable To Common Shares is likely to grow to about 42.6 M, while Common Stock Shares Outstanding is likely to drop about 37.1 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Savaria. 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.

Savaria Stock Ownership Analysis

About 17.0% of the company outstanding shares are owned by corporate insiders. The book value of Savaria was at this time reported as 8.1. The company last dividend was issued on the 29th of November 2024. Savaria Corporation provides accessibility solutions for the elderly and physically challenged peoples in Canada, the United States, Europe, and internationally. Savaria Corporation was founded in 1979 and is headquartered in Laval, Canada. SAVARIA CORP operates under Specialty Industrial Machinery classification in Canada and is traded on Toronto Stock Exchange. It employs 1375 people. To find out more about Savaria contact the company at 450 681 5655 or learn more at https://www.savaria.com.

Savaria Outstanding Bonds

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

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

Moving together with Savaria Stock

  0.86CTF-UN Citadel IncomePairCorr
  0.68NVDA NVIDIA CDRPairCorr

Moving against Savaria Stock

  0.67DELX DelphX Capital Markets Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Savaria could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Savaria 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 Savaria - 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 Savaria to buy it.
The correlation of Savaria 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 Savaria moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Savaria 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 Savaria 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 Savaria Stock

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