Telus Corp Ownership
T Stock | CAD 21.02 0.19 0.91% |
Shares in Circulation | First Issued 1999-03-31 | Previous Quarter 1.5 B | Current Value 1.5 B | Avarage Shares Outstanding 1.3 B | Quarterly Volatility 141.4 M |
Telus |
Telus Stock Ownership Analysis
About 56.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.97. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Telus Corp has Price/Earnings To Growth (PEG) ratio of 0.67. The entity last dividend was issued on the 11th of December 2024. The firm had 2:1 split on the 18th of March 2020. TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. TELUS Corporation was incorporated in 1998 and is headquartered in Vancouver, Canada. TELUS CORPORATION operates under Telecom Services classification in Canada and is traded on Toronto Stock Exchange. It employs 90800 people. To find out more about Telus Corp contact Darren Entwistle at 604-697-8044 or learn more at https://www.telus.com.Telus Corp Outstanding Bonds
Telus Corp 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. Telus Corp 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 Telus bonds can be classified according to their maturity, which is the date when Telus Corp 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 Telus Corp
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 Telus Corp 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 Telus Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Telus Stock
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The ability to find closely correlated positions to Telus Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Telus Corp 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 Telus Corp - 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 Telus Corp to buy it.
The correlation of Telus Corp 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 Telus Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telus Corp 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 Telus Corp 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telus Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Telus Stock, please use our How to Invest in Telus Corp guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.