BlackBerry Ownership
| BB Stock | CAD 7.24 0.23 3.28% |
Shares in Circulation | First Issued 1997-06-30 | Previous Quarter 589.8 M | Current Value 590.5 M | Avarage Shares Outstanding 531.9 M | Quarterly Volatility 91.6 M |
BlackBerry |
BlackBerry Stock Ownership Analysis
About 49.0% of the company shares are held by institutions such as insurance companies. The book value of BlackBerry was currently reported as 1.23. The company has Price/Earnings (P/E) ratio of 215.14. BlackBerry recorded a loss per share of 0.37. The entity last dividend was issued on the 8th of September 1999. The firm had 3:1 split on the 15th of August 2007. BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada. BLACKBERRY operates under Computers Phones And Devices classification in Canada and is traded on Toronto Stock Exchange. It employs 3325 people. For more info on BlackBerry please contact John Giamatteo at 519-888-7465 or go to https://www.blackberry.com.BlackBerry Outstanding Bonds
BlackBerry 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. BlackBerry 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 BlackBerry bonds can be classified according to their maturity, which is the date when BlackBerry 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 BlackBerry
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 BlackBerry 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 BlackBerry will appreciate offsetting losses from the drop in the long position's value.Moving against BlackBerry Stock
The ability to find closely correlated positions to BlackBerry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackBerry 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 BlackBerry - 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 BlackBerry to buy it.
The correlation of BlackBerry 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 BlackBerry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackBerry 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 BlackBerry 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackBerry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in BlackBerry Stock, please use our How to Invest in BlackBerry guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.