Aris Mining Ownership
| ARIS Stock | CAD 19.58 0.15 0.76% |
Shares in Circulation | First Issued 2002-06-30 | Previous Quarter 179.8 M | Current Value 202.5 M | Avarage Shares Outstanding 35.9 M | Quarterly Volatility 55.2 M |
Aris |
Aris Stock Ownership Analysis
About 62.0% of the company shares are held by institutions such as insurance companies. The book value of Aris Mining was presently reported as 5.56. The company last dividend was issued on the 30th of August 2022. Aris Mining had 1:15 split on the 27th of April 2017. Aris Mining Corporation together with its subsidiaries, engages in the acquisition, exploration, development, and operation of gold and silver properties primarily in Colombia. The company was formerly known as GCM Mining Corp. and changed its name to Aris Mining Corporation on September 26, 2022. ARIS GOLD operates under Other Precious Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 2081 people. For more info on Aris Mining please contact Neil FCA at 416 360 4653 or go to https://www.aris-mining.com.Aris Mining Outstanding Bonds
Aris Mining 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. Aris Mining 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 Aris bonds can be classified according to their maturity, which is the date when Aris Mining 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 Aris Mining
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 Aris Mining 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 Aris Mining will appreciate offsetting losses from the drop in the long position's value.Moving against Aris Stock
The ability to find closely correlated positions to Aris Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aris Mining 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 Aris Mining - 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 Aris Mining to buy it.
The correlation of Aris Mining 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 Aris Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aris Mining 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 Aris Mining 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aris Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Aris Stock, please use our How to Invest in Aris Mining guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.