Goeasy Ownership
GSY Stock | CAD 171.70 0.83 0.49% |
Shares in Circulation | First Issued 1994-09-30 | Previous Quarter 17.4 M | Current Value 17.4 M | Avarage Shares Outstanding 10.5 M | Quarterly Volatility 4.9 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.
Goeasy |
Goeasy Stock Ownership Analysis
About 22.0% of the company shares are held by company insiders. The book value of Goeasy was currently reported as 70.99. The company recorded earning per share (EPS) of 16.4. goeasy last dividend was issued on the 27th of December 2024. The entity had 3:2 split on the 25th of May 2005. goeasy Ltd. provides loans and other financial services to consumers in Canada. The company was formerly known as easyhome Ltd. and changed its name to goeasy Ltd. in September 2015. goeasy Ltd. was founded in 1990 and is headquartered in Mississauga, Canada. GOEASY operates under Credit Services classification in Canada and is traded on Toronto Stock Exchange. To learn more about goeasy call David Ingram at 844 446 3279 or check out https://www.goeasy.com.Goeasy Outstanding Bonds
Goeasy 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. goeasy 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 Goeasy bonds can be classified according to their maturity, which is the date when goeasy 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 Goeasy
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 Goeasy 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 Goeasy will appreciate offsetting losses from the drop in the long position's value.Moving against Goeasy Stock
0.58 | FFH-PD | Fairfax Financial | PairCorr |
0.54 | FFH-PF | Fairfax Financial | PairCorr |
0.53 | FFH-PH | Fairfax Financial | PairCorr |
0.53 | FFH-PE | Fairfax Financial | PairCorr |
0.53 | FFH-PI | Fairfax Financial | PairCorr |
The ability to find closely correlated positions to Goeasy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Goeasy 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 Goeasy - 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 goeasy to buy it.
The correlation of Goeasy 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 Goeasy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if goeasy 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 Goeasy 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 Goeasy Stock
Goeasy financial ratios help investors to determine whether Goeasy 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 Goeasy with respect to the benefits of owning Goeasy security.