Alithya Group Ownership
| ALYA Stock | CAD 1.61 0.06 3.59% |
Shares in Circulation | First Issued 2017-06-30 | Previous Quarter 95.4 M | Current Value 95.4 M | Avarage Shares Outstanding 70.3 M | Quarterly Volatility 21.9 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.
Alithya |
Alithya Stock Ownership Analysis
About 24.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.89. Some equities with similar Price to Book (P/B) outperform the market in the long run. Alithya Group inc has Price/Earnings To Growth (PEG) ratio of 2.63. The entity recorded a loss per share of 0.03. The firm had not issued any dividends in recent years. Alithya Group had 1:400 split on the 30th of June 2004. Alithya Group Inc. provides strategy and digital technology services in Canada, the United States, and Europe. Alithya Group Inc. was founded in 1992 and is headquartered in Montreal, Canada. ALITHYA GROUP operates under Information Technology Services classification in Canada and is traded on Toronto Stock Exchange. It employs 2100 people. For more info on Alithya Group inc please contact Paul Raymond at 514-285-5552 or go to https://www.alithya.com.Alithya Group Outstanding Bonds
Alithya Group 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. Alithya Group inc 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 Alithya bonds can be classified according to their maturity, which is the date when Alithya Group inc 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 Alithya Group
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 Alithya Group 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 Alithya Group will appreciate offsetting losses from the drop in the long position's value.Moving against Alithya Stock
| 0.59 | AMZN | Amazon CDR | PairCorr |
| 0.52 | GS | GOLDMAN SACHS CDR | PairCorr |
| 0.51 | WMT | Walmart Inc CDR | PairCorr |
| 0.47 | BOFA | Bank of America | PairCorr |
| 0.41 | JPM | JPMorgan Chase | PairCorr |
The ability to find closely correlated positions to Alithya Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alithya Group 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 Alithya Group - 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 Alithya Group inc to buy it.
The correlation of Alithya Group 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 Alithya Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alithya Group inc 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 Alithya Group 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 Alithya Stock
Alithya Group financial ratios help investors to determine whether Alithya 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 Alithya with respect to the benefits of owning Alithya Group security.