Black Iron Ownership
| BKI Stock | CAD 0.14 0.02 16.67% |
Shares in Circulation | First Issued 2010-09-30 | Previous Quarter 304.1 M | Current Value 304.1 M | Avarage Shares Outstanding 195.5 M | Quarterly Volatility 69.8 M |
Black |
Black Stock Ownership Analysis
About 15.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 0.01. Black Iron had not issued any dividends in recent years. Black Iron Inc. operates as an iron ore exploration and development company. Black Iron Inc. was incorporated in 2010 and is headquartered in Toronto, Canada. BLACK IRON operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. For more info on Black Iron please contact PEng MBA at 416-309-2138 or go to https://blackiron.com.Black Iron Outstanding Bonds
Black Iron 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. Black Iron 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 Black bonds can be classified according to their maturity, which is the date when Black Iron 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.
| International Game Technology Corp BondUS460599AD57 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Pair Trading with Black Iron
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 Black Iron 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 Black Iron will appreciate offsetting losses from the drop in the long position's value.Moving together with Black Stock
Moving against Black Stock
| 0.84 | ORE | Orezone Gold Corp | PairCorr |
| 0.81 | INFM | Infinico Metals Corp | PairCorr |
| 0.79 | CG | Centerra Gold | PairCorr |
| 0.77 | PNC-B | Postmedia Network Canada Earnings Call Today | PairCorr |
| 0.67 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to Black Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Black Iron 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 Black Iron - 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 Black Iron to buy it.
The correlation of Black Iron 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 Black Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Black Iron 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 Black Iron 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 Black Stock
Black Iron financial ratios help investors to determine whether Black 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 Black with respect to the benefits of owning Black Iron security.