Aegis Brands Ownership
| AEG Stock | CAD 0.31 0.01 3.33% |
Shares in Circulation | First Issued 2019-09-30 | Previous Quarter 85.3 M | Current Value 85.3 M | Avarage Shares Outstanding 49.1 M | Quarterly Volatility 31.3 M |
Aegis |
Aegis Stock Ownership Analysis
The company has price-to-book (P/B) ratio of 1.19. Some equities with similar Price to Book (P/B) outperform the market in the long run. Aegis Brands last dividend was issued on the 21st of May 2014. The entity had 2:1 split on the 30th of May 2000. Aegis Brands Inc. engages in the food and beverage business in Canada. Aegis Brands Inc. was founded in 1975 and is based in Markham, Canada. AEGIS BRANDS is traded on Toronto Stock Exchange in Canada. For more info on Aegis Brands please contact Steven Sr at 437-747-4334 or go to https://aegisbrands.ca.Aegis Brands Outstanding Bonds
Aegis Brands 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. Aegis Brands 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 Aegis bonds can be classified according to their maturity, which is the date when Aegis Brands 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 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Pair Trading with Aegis Brands
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 Aegis Brands 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 Aegis Brands will appreciate offsetting losses from the drop in the long position's value.Moving against Aegis Stock
| 0.81 | CM-PS | Canadian Imperial Bank | PairCorr |
| 0.69 | QBR-A | Quebecor | PairCorr |
| 0.36 | IAU | i 80 Gold | PairCorr |
| 0.34 | LB | Laurentian Bank Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Aegis Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aegis Brands 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 Aegis Brands - 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 Aegis Brands to buy it.
The correlation of Aegis Brands 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 Aegis Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aegis Brands 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 Aegis Brands 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 Aegis Stock
Aegis Brands financial ratios help investors to determine whether Aegis 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 Aegis with respect to the benefits of owning Aegis Brands security.