Ia Financial Stock Holdings Turnover
| IAG Stock | CAD 128.32 4.07 3.28% |
iA Financial fundamentals help investors to digest information that contributes to IA Financial's financial success or failures. It also enables traders to predict the movement of IAG Stock. The fundamental analysis module provides a way to measure IA Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IA Financial stock.
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iA Financial Company Holdings Turnover Analysis
IA Financial's Holding Turnover is calculated by adding up all the transactions for the year, dividing it by 2 and then dividing it again by the total fund holdings. Holding Turnover is the rate at which funds or ETFs replace their investment holdings on an annual basis. In other words it measures how quickly a fund turns over its holdings during the fiscal year.
Investor can think of Holding Turnover as a percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.
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According to the company disclosure, iA Financial has a Holdings Turnover of 0.0%. This indicator is about the same for the Insurance average (which is currently at 0.0) sector and about the same as Financials (which currently averages 0.0) industry. This indicator is about the same for all Canada stocks average (which is currently at 0.0).
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IAG Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.008 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.27 % | ||||
| Current Valuation | 13.07 B | ||||
| Shares Outstanding | 93.4 M | ||||
| Shares Owned By Insiders | 0.09 % | ||||
| Shares Owned By Institutions | 47.35 % | ||||
| Number Of Shares Shorted | 747.11 K | ||||
| Price To Earning | 9.16 X | ||||
| Price To Book | 1.58 X | ||||
| Price To Sales | 1.47 X | ||||
| Revenue | 11.58 B | ||||
| Gross Profit | 3.7 B | ||||
| EBITDA | 1.49 B | ||||
| Net Income | 962 M | ||||
| Cash And Equivalents | 1.77 B | ||||
| Cash Per Share | 16.52 X | ||||
| Total Debt | 102.39 B | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 5.82 X | ||||
| Book Value Per Share | 73.48 X | ||||
| Cash Flow From Operations | 1.04 B | ||||
| Short Ratio | 1.41 X | ||||
| Earnings Per Share | 9.77 X | ||||
| Price To Earnings To Growth | 0.85 X | ||||
| Target Price | 144.63 | ||||
| Number Of Employees | 35 | ||||
| Beta | 1.12 | ||||
| Market Capitalization | 11.61 B | ||||
| Total Asset | 109.86 B | ||||
| Retained Earnings | 5.25 B | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 2.94 % | ||||
| Net Asset | 109.86 B | ||||
| Last Dividend Paid | 3.44 |
About IA Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iA Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IA Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iA Financial based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with IA Financial
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 IA Financial 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 IA Financial will appreciate offsetting losses from the drop in the long position's value.Moving against IAG Stock
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The ability to find closely correlated positions to IA Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IA Financial 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 IA Financial - 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 iA Financial to buy it.
The correlation of IA Financial 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 IA Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iA Financial 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 IA Financial 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 IAG Stock
IA Financial financial ratios help investors to determine whether IAG 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 IAG with respect to the benefits of owning IA Financial security.