Goeasy Ownership

GSY Stock  CAD 171.70  0.83  0.49%   
goeasy has a total of 16.75 Million outstanding shares. Goeasy secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
 
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
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Goeasy in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Goeasy, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
At this time, Goeasy's Dividends Paid is very stable compared to the past year. As of the 4th of December 2024, Dividend Payout Ratio is likely to grow to 0.30, while Dividend Yield is likely to drop 0.02. As of the 4th of December 2024, Common Stock Shares Outstanding is likely to drop to about 11.2 M. In addition to that, Net Income Applicable To Common Shares is likely to drop to about 84 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.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in goeasy. 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.

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.

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

  0.58FFH-PD Fairfax FinancialPairCorr
  0.54FFH-PF Fairfax FinancialPairCorr
  0.53FFH-PH Fairfax FinancialPairCorr
  0.53FFH-PE Fairfax FinancialPairCorr
  0.53FFH-PI Fairfax FinancialPairCorr
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.
Pair CorrelationCorrelation Matching

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.