Energy Fuels Ownership
| EFR Stock | CAD 12.59 0.23 1.79% |
Shares in Circulation | First Issued 2000-12-31 | Previous Quarter 163.7 M | Current Value 163.9 M | Avarage Shares Outstanding 46 M | Quarterly Volatility 58.9 M |
Energy |
Energy Stock Ownership Analysis
About 62.0% of the company shares are held by institutions such as insurance companies. The book value of Energy Fuels was currently reported as 2.7. The company recorded a loss per share of 0.59. Energy Fuels had not issued any dividends in recent years. The entity had 1:50 split on the 5th of November 2013. Energy Fuels Inc., together with its subsidiaries, engages in the extraction, recovery, exploration, and sale of conventional and in situ uranium recovery in the United States. Energy Fuels Inc. was incorporated in 1987 and is headquartered in Lakewood, Colorado. ENERGY FUELS operates under Uranium classification in Canada and is traded on Toronto Stock Exchange. It employs 95 people. To learn more about Energy Fuels call Mark Chalmers at 303 974 2140 or check out https://www.energyfuels.com.Energy Fuels Outstanding Bonds
Energy Fuels 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. Energy Fuels 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 Energy bonds can be classified according to their maturity, which is the date when Energy Fuels 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.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with Energy Fuels
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 Energy Fuels 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 Energy Fuels will appreciate offsetting losses from the drop in the long position's value.Moving together with Energy Stock
| 0.63 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.73 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.76 | ENB-PFU | Enbridge Pref L | PairCorr |
Moving against Energy Stock
The ability to find closely correlated positions to Energy Fuels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Fuels 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 Energy Fuels - 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 Energy Fuels to buy it.
The correlation of Energy Fuels 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 Energy Fuels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Fuels 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 Energy Fuels 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Fuels. 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. To learn how to invest in Energy Stock, please use our How to Invest in Energy Fuels guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.