Pan American Ownership
| PAAS Stock | CAD 38.55 0.50 1.28% |
Shares in Circulation | First Issued 1995-03-31 | Previous Quarter 363 M | Current Value 363.1 M | Avarage Shares Outstanding 117.4 M | Quarterly Volatility 85.1 M |
Pan |
Pan Stock Ownership Analysis
About 62.0% of the company shares are owned by institutional investors. The book value of Pan American was at this time reported as 13.3. The company has Price/Earnings (P/E) ratio of 146.23. Pan American Silver last dividend was issued on the 20th of May 2025. Pan American Silver Corp., together with its subsidiaries, engages in the exploration, development, extraction, processing, refining, and reclamation of silver mines in Canada, Mexico, Peru, Argentina, and Bolivia. Pan American Silver Corp. was founded in 1994 and is based in Vancouver, Canada. PAN AMERICAN operates under Silver classification in Canada and is traded on Toronto Stock Exchange. It employs 6800 people. To find out more about Pan American Silver contact Michael PGeo at 604 684 1175 or learn more at https://www.panamericansilver.com.Pan American Outstanding Bonds
Pan American 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. Pan American Silver 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 Pan bonds can be classified according to their maturity, which is the date when Pan American Silver 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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| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with Pan American
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 Pan American 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 Pan American will appreciate offsetting losses from the drop in the long position's value.Moving together with Pan Stock
Moving against Pan Stock
| 0.71 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.47 | FDR | Flinders Resources Earnings Call This Week | PairCorr |
| 0.36 | WMT | Walmart Inc CDR | PairCorr |
The ability to find closely correlated positions to Pan American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pan American 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 Pan American - 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 Pan American Silver to buy it.
The correlation of Pan American 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 Pan American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pan American Silver 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 Pan American 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pan American Silver. 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. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.