STLLR Gold Ownership
| STLR Stock | 1.53 0.19 11.05% |
STLLR |
STLLR Stock Ownership Analysis
About 28.0% of the company outstanding shares are owned by corporate insiders. The book value of STLLR Gold was at this time reported as 0.81. The company last dividend was issued on the 6th of August 2019. STLLR Gold had 1:2 split on the 9th of February 2024. To find out more about STLLR Gold contact PEng MBA at 416-863-2086 or learn more at https://stllrgold.com.STLLR Gold Outstanding Bonds
STLLR Gold 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. STLLR Gold 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 STLLR bonds can be classified according to their maturity, which is the date when STLLR Gold 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.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with STLLR Gold
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 STLLR Gold 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 STLLR Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with STLLR Stock
| 0.83 | ABX | Barrick Gold Corp Earnings Call This Week | PairCorr |
| 0.75 | WPM | Wheaton Precious Metals | PairCorr |
| 0.64 | FNV | Franco Nevada | PairCorr |
| 0.69 | K | Kinross Gold Corp | PairCorr |
Moving against STLLR Stock
| 0.7 | DII-A | Dorel Industries ClA | PairCorr |
| 0.66 | RCI-A | Rogers Communications | PairCorr |
| 0.35 | ORC-A | Orca Energy Group | PairCorr |
The ability to find closely correlated positions to STLLR Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace STLLR Gold 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 STLLR Gold - 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 STLLR Gold to buy it.
The correlation of STLLR Gold 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 STLLR Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if STLLR Gold 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 STLLR Gold 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 STLLR Stock
STLLR Gold financial ratios help investors to determine whether STLLR 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 STLLR with respect to the benefits of owning STLLR Gold security.