Artis Real Ownership
| AX-UN Stock | CAD 7.70 0.02 0.26% |
Shares in Circulation | First Issued 2004-06-30 | Previous Quarter 106 M | Current Value 104.3 M | Avarage Shares Outstanding 95.8 M | Quarterly Volatility 52.8 M |
Artis |
Artis Stock Ownership Analysis
About 18.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.55. Some equities with similar Price to Book (P/B) outperform the market in the long run. Artis Real Estate recorded a loss per share of 0.57. The entity last dividend was issued on the 31st of March 2025. The firm had 0.0667:1 split on the 1st of February 2006. Artis is a diversified Canadian real estate investment trust investing in office, retail and industrial properties. As of June 30, 2020, Artis commercial property comprises approximately 23.8 million square feet of leasable area. ARTIS REAL operates under REITDiversified classification in Canada and is traded on Toronto Stock Exchange. For more info on Artis Real Estate please contact the company at 204 947 1250 or go to https://www.artisreit.com.Artis Real Outstanding Bonds
Artis Real 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. Artis Real Estate 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 Artis bonds can be classified according to their maturity, which is the date when Artis Real Estate 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.
Pair Trading with Artis Real
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 Artis Real 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 Artis Real will appreciate offsetting losses from the drop in the long position's value.Moving against Artis Stock
| 0.67 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.64 | TSLA | Tesla Inc CDR | PairCorr |
| 0.55 | NVDA | NVIDIA CDR | PairCorr |
| 0.48 | AVGO | Broadcom | PairCorr |
| 0.4 | GOOG | Alphabet CDR | PairCorr |
The ability to find closely correlated positions to Artis Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Artis Real 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 Artis Real - 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 Artis Real Estate to buy it.
The correlation of Artis Real 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 Artis Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Artis Real Estate 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 Artis Real 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.Additional Tools for Artis Stock Analysis
When running Artis Real's price analysis, check to measure Artis Real's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Artis Real is operating at the current time. Most of Artis Real's value examination focuses on studying past and present price action to predict the probability of Artis Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Artis Real's price. Additionally, you may evaluate how the addition of Artis Real to your portfolios can decrease your overall portfolio volatility.