Telesat Corp Ownership
| TSAT Stock | 27.69 1.78 6.87% |
Shares in Circulation | First Issued 2012-09-30 | Previous Quarter 13.7 M | Current Value 15.9 M | Avarage Shares Outstanding 86.4 M | Quarterly Volatility 49.7 M |
Telesat |
Telesat Stock Ownership Analysis
About 91.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.49. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Telesat Corp had not issued any dividends in recent years. To find out more about Telesat Corp contact Daniel JD at 613 748 8700 or learn more at https://www.telesat.com.Telesat Corp Outstanding Bonds
Telesat 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. Telesat 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 Telesat bonds can be classified according to their maturity, which is the date when Telesat 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 Telesat 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 Telesat 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 Telesat Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Telesat Stock
Moving against Telesat Stock
| 0.82 | CDR | Condor Energies | PairCorr |
| 0.69 | TGO | TeraGo Inc | PairCorr |
| 0.63 | EXN | Excellon Resources | PairCorr |
| 0.61 | ABXX | Abaxx Technologies | PairCorr |
The ability to find closely correlated positions to Telesat 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 Telesat 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 Telesat 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 Telesat Corp to buy it.
The correlation of Telesat 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 Telesat Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telesat 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 Telesat 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 Telesat 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 board of governors. To learn how to invest in Telesat Stock, please use our How to Invest in Telesat Corp guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .