EQB Ownership
EQB Stock | CAD 102.07 0.21 0.21% |
Shares in Circulation | First Issued 2004-06-30 | Previous Quarter 38.3 M | Current Value 38.4 M | Avarage Shares Outstanding 30.9 M | Quarterly Volatility 4 M |
EQB |
EQB Stock Ownership Analysis
About 30.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.2. Some equities with similar Price to Book (P/B) outperform the market in the long run. EQB Inc has Price/Earnings To Growth (PEG) ratio of 0.27. The entity recorded earning per share (EPS) of 9.76. The firm last dividend was issued on the 13th of June 2025. EQB had 2:1 split on the 26th of October 2021. Equitable Group Inc., through its subsidiary, Equitable Bank, provides various financial services to retail and commercial customers in Canada. Equitable Group Inc. was founded in 1970 and is headquartered in Toronto, Canada. EQUITABLE GROUP operates under Mortgage Finance classification in Canada and is traded on Toronto Stock Exchange. It employs 882 people. To learn more about EQB Inc call Andrew Moor at 416 515 7000 or check out https://eqb.investorroom.com.EQB Outstanding Bonds
EQB 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. EQB 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 EQB bonds can be classified according to their maturity, which is the date when EQB 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 EQB
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 EQB 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 EQB will appreciate offsetting losses from the drop in the long position's value.Moving together with EQB Stock
0.75 | JPM | JPMorgan Chase | PairCorr |
0.65 | BOFA | Bank of America | PairCorr |
0.75 | CITI | CITIGROUP CDR | PairCorr |
0.66 | RY | Royal Bank | PairCorr |
0.63 | TD | Toronto Dominion Bank | PairCorr |
The ability to find closely correlated positions to EQB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EQB 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 EQB - 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 EQB Inc to buy it.
The correlation of EQB 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 EQB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EQB 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 EQB 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 EQB Stock
EQB financial ratios help investors to determine whether EQB 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 EQB with respect to the benefits of owning EQB security.