Charlottes Web Ownership
| CWEB Stock | CAD 0.12 0.01 7.69% |
Shares in Circulation | First Issued 2017-03-31 | Previous Quarter 157.2 M | Current Value 115.5 M | Avarage Shares Outstanding 125.5 M | Quarterly Volatility 24.6 M |
Charlottes |
Charlottes Stock Ownership Analysis
The company has price-to-book (P/B) ratio of 0.66. Some equities with similar Price to Book (P/B) outperform the market in the long run. Charlottes Web Holdings has Price/Earnings (P/E) ratio of 273.57. The entity recorded a loss per share of 0.23. The firm had not issued any dividends in recent years. Charlottes Web had 1:10 split on the 31st of May 2022. Charlottes Web Holdings, Inc. produces and distributes hemp-based, cannabidiol wellness products in the United States. The company was incorporated in 2018 and is headquartered in Boulder, Colorado. CHARLOTTES WEB operates under Drug Manufacturers - Specialty Generic classification in Canada and is traded on Toronto Stock Exchange. It employs 320 people. For more info on Charlottes Web Holdings please contact William Morachnick at (720) 484-8930 or go to https://www.charlottesweb.com.Charlottes Web Outstanding Bonds
Charlottes Web 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. Charlottes Web Holdings 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 Charlottes bonds can be classified according to their maturity, which is the date when Charlottes Web Holdings 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.
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Pair Trading with Charlottes Web
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 Charlottes Web 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 Charlottes Web will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Charlottes Web could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Charlottes Web 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 Charlottes Web - 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 Charlottes Web Holdings to buy it.
The correlation of Charlottes Web 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 Charlottes Web moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Charlottes Web Holdings 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 Charlottes Web 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 Charlottes Stock
Charlottes Web financial ratios help investors to determine whether Charlottes 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 Charlottes with respect to the benefits of owning Charlottes Web security.