TVA Ownership
| TVA-B Stock | CAD 0.91 0.06 6.19% |
Shares in Circulation | First Issued 2005-03-31 | Previous Quarter 43.2 M | Current Value 43.2 M | Avarage Shares Outstanding 35.1 M | Quarterly Volatility 8.1 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.
TVA |
TVA Stock Ownership Analysis
About 65.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.11. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TVA Group recorded a loss per share of 0.79. The entity last dividend was issued on the 6th of June 2011. The firm had 3:1 split on the 3rd of March 1998. It operates through three segments Broadcasting Production Magazines and Film Production Audiovisual Services. TVA Group Inc. was founded in 1960 and is headquartered in Montreal, Canada. TVA GROUP operates under Broadcasting - TV classification in Canada and is traded on Toronto Stock Exchange. It employs 1342 people. To find out more about TVA Group contact Pierre Peladeau at 514 380 1999 or learn more at https://www.groupetva.ca.Pair Trading with TVA
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 TVA 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 TVA will appreciate offsetting losses from the drop in the long position's value.Moving against TVA Stock
| 0.68 | ENB | Enbridge | PairCorr |
| 0.59 | BNS | Bank of Nova Scotia Earnings Call Tomorrow | PairCorr |
| 0.53 | MFC | Manulife Financial Corp | PairCorr |
| 0.48 | CM | Canadian Imperial Bank Earnings Call This Week | PairCorr |
| 0.43 | TRP | TC Energy Corp | PairCorr |
The ability to find closely correlated positions to TVA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TVA 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 TVA - 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 TVA Group to buy it.
The correlation of TVA 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 TVA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TVA Group 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 TVA 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.Additional Tools for TVA Stock Analysis
When running TVA's price analysis, check to measure TVA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TVA is operating at the current time. Most of TVA's value examination focuses on studying past and present price action to predict the probability of TVA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TVA's price. Additionally, you may evaluate how the addition of TVA to your portfolios can decrease your overall portfolio volatility.