CAE Ownership
| CAE Stock | CAD 40.50 0.54 1.35% |
Shares in Circulation | First Issued 1993-06-30 | Previous Quarter 318.8 M | Current Value 328.1 M | Avarage Shares Outstanding 252.8 M | Quarterly Volatility 34.6 M |
CAE |
CAE Stock Ownership Analysis
About 79.0% of the company shares are held by institutions such as insurance companies. The book value of CAE was currently reported as 15.27. The company has Price/Earnings To Growth (PEG) ratio of 1.77. CAE Inc last dividend was issued on the 12th of March 2020. The entity had 2:1 split on the 5th of July 2001. CAE Inc., together with its subsidiaries, provides training solutions for the civil aviation, defence and security, and healthcare markets worldwide. CAE Inc. was founded in 1947 and is headquartered in Saint-Laurent, Canada. CAE INC operates under Aerospace Defense classification in Canada and is traded on Toronto Stock Exchange. It employs 10000 people. For more info on CAE Inc please contact Marc Parent at 514 341 6780 or go to https://www.cae.com.CAE Outstanding Bonds
CAE 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. CAE Inc 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 CAE bonds can be classified according to their maturity, which is the date when CAE Inc 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 CAE
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 CAE 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 CAE will appreciate offsetting losses from the drop in the long position's value.Moving together with CAE Stock
Moving against CAE Stock
The ability to find closely correlated positions to CAE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CAE 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 CAE - 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 CAE Inc to buy it.
The correlation of CAE 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 CAE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CAE Inc 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 CAE 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 CAE Inc. 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. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.