Interfor Corp Ownership
IFP Stock | CAD 13.22 0.26 2.01% |
Interfor |
Interfor Stock Ownership Analysis
About 47.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.44. Some equities with similar Price to Book (P/B) outperform the market in the long run. Interfor Corp recorded a loss per share of 5.17. The entity last dividend was issued on the 27th of May 2021. The firm had 103:100 split on the 9th of May 1991. Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Hong Knog, Taiwan, and internationally. Interfor Corporation was founded in 1963 and is headquartered in Vancouver, Canada. INTERFOR CORPORATION operates under Lumber Wood Production classification in Canada and is traded on Toronto Stock Exchange. It employs 2980 people. To learn more about Interfor Corp call the company at 604 422 3400 or check out https://www.interfor.com.Interfor Corp Outstanding Bonds
Interfor Corp 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. Interfor Corp 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 Interfor bonds can be classified according to their maturity, which is the date when Interfor Corp 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 3591 Corp BondUS61744YAK47 | View |
Pair Trading with Interfor Corp
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 Interfor Corp 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 Interfor Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Interfor Stock
0.43 | GOOG | Alphabet CDR | PairCorr |
0.42 | GOOG | Alphabet CDR | PairCorr |
0.41 | BOFA | Bank of America | PairCorr |
0.41 | MSFT | Microsoft CDR Earnings Call This Week | PairCorr |
0.41 | MSFT | Microsoft Corp CDR Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Interfor Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Interfor Corp 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 Interfor Corp - 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 Interfor Corp to buy it.
The correlation of Interfor Corp 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 Interfor Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Interfor Corp 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 Interfor Corp 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 Interfor Stock
Interfor Corp financial ratios help investors to determine whether Interfor 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 Interfor with respect to the benefits of owning Interfor Corp security.