BCE Ownership
| BCE-PR Preferred Stock | CAD 15.80 0.10 0.64% |
BCE |
BCE Preferred Stock Ownership Analysis
About 35.0% of the company shares are held by institutions such as insurance companies. The company last dividend was issued on the 31st of October 2024. BCE Inc., a telecommunications and media company, provides wireless, wireline, Internet, and television services to residential, business, and wholesale customers in Canada. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada. BCE INC operates under Telecom Services classification in Canada and is traded on Toronto Stock Exchange. It employs 52100 people. For more info on BCE Inc Pref please contact Mirko Bibic at 514 870 8777 or go to https://www.bce.ca.Pair Trading with BCE
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 BCE 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 BCE will appreciate offsetting losses from the drop in the long position's value.Moving against BCE Preferred Stock
| 0.56 | RY-PS | Royal Bank | PairCorr |
| 0.51 | CRM | SalesforceCom CDR | PairCorr |
| 0.49 | PGDC | Patagonia Gold Corp | PairCorr |
| 0.48 | BNS | Bank of Nova Scotia | PairCorr |
| 0.43 | TD-PFI | Toronto Dominion Bank | PairCorr |
The ability to find closely correlated positions to BCE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BCE 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 BCE - 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 BCE Inc Pref to buy it.
The correlation of BCE 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 BCE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BCE Inc Pref 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 BCE 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 BCE Preferred Stock
BCE financial ratios help investors to determine whether BCE Preferred 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 BCE with respect to the benefits of owning BCE security.