Olympia Financial Ownership
OLY Stock | CAD 100.50 0.40 0.40% |
Shares in Circulation | First Issued 2002-06-30 | Previous Quarter 2.4 M | Current Value 2.4 M | Avarage Shares Outstanding 2.7 M | Quarterly Volatility 3.1 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.
Olympia |
Olympia Stock Ownership Analysis
About 35.0% of the company outstanding shares are owned by corporate insiders. The company recorded earning per share (EPS) of 9.48. Olympia Financial last dividend was issued on the 20th of November 2024. The entity had 1:10 split on the 19th of February 2015. Olympia Financial Group Inc., through its subsidiary, Olympia Trust Company, operates as a non-deposit taking trust company in Canada. Olympia Financial Group Inc. was incorporated in 1994 and is headquartered in Calgary, Canada. OLYMPIA FINANCIAL operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange. It employs 204 people. To find out more about Olympia Financial Group contact the company at 403 261 0900 or learn more at https://www.olympiafinancial.com.Olympia Financial Outstanding Bonds
Olympia Financial 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. Olympia Financial 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 Olympia bonds can be classified according to their maturity, which is the date when Olympia Financial Group 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 Olympia Financial
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 Olympia Financial 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 Olympia Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Olympia Stock
0.41 | SPPP | Sprott Physical Platinum | PairCorr |
0.35 | PSLV | Sprott Physical Silver | PairCorr |
0.34 | PHYS | Sprott Physical Gold | PairCorr |
0.33 | BBD-B | Bombardier | PairCorr |
0.31 | CEF | Sprott Physical Gold | PairCorr |
The ability to find closely correlated positions to Olympia Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Olympia Financial 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 Olympia Financial - 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 Olympia Financial Group to buy it.
The correlation of Olympia Financial 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 Olympia Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Olympia Financial 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 Olympia Financial 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 Olympia Stock
Olympia Financial financial ratios help investors to determine whether Olympia 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 Olympia with respect to the benefits of owning Olympia Financial security.