Dye Durham Ownership
DND Stock | CAD 9.08 0.12 1.30% |
Shares in Circulation | First Issued 2012-09-30 | Previous Quarter 66.9 M | Current Value 66.9 M | Avarage Shares Outstanding 52.8 M | Quarterly Volatility 20.1 M |
Dye |
Dye Stock Ownership Analysis
About 47.0% of the company shares are held by institutions such as insurance companies. The book value of Dye Durham was currently reported as 4.53. The company recorded a loss per share of 2.44. Dye Durham last dividend was issued on the 21st of May 2025. Dye Durham Limited, through its subsidiary, Dye Durham Corporation, provides cloud-based software and technology solutions for legal firms, financial service institutions, and government organizations in Canada, Australia, Ireland, and the United Kingdom. The company was founded in 1874 and is headquartered in Toronto, Canada. DYE AND operates under SoftwareInfrastructure classification in Canada and is traded on Toronto Stock Exchange. To learn more about Dye Durham call Matthew Proud at 800 268 7580 or check out https://dyedurham.com.Dye Durham Outstanding Bonds
Dye Durham 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. Dye Durham 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 Dye bonds can be classified according to their maturity, which is the date when Dye Durham 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 Dye Durham
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 Dye Durham 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 Dye Durham will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Dye Durham could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dye Durham 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 Dye Durham - 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 Dye Durham to buy it.
The correlation of Dye Durham 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 Dye Durham moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dye Durham 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 Dye Durham 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 Dye Stock
Dye Durham financial ratios help investors to determine whether Dye 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 Dye with respect to the benefits of owning Dye Durham security.