Cascades Ownership
| CAS Stock | CAD 10.19 0.16 1.60% |
Shares in Circulation | First Issued 1996-03-31 | Previous Quarter 100.7 M | Current Value 100.9 M | Avarage Shares Outstanding 89.2 M | Quarterly Volatility 12.2 M |
Cascades |
Cascades Stock Ownership Analysis
About 24.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.59. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cascades has Price/Earnings To Growth (PEG) ratio of 0.47. The entity recorded a loss per share of 0.31. The firm last dividend was issued on the 6th of March 2025. Cascades Inc. produces, converts, and markets packaging and tissue products in Canada, the United States, Italy, and internationally. Cascades Inc. was founded in 1964 and is headquartered in Kingsey Falls, Canada. CASCADES INC operates under Paper Paper Products classification in Canada and is traded on Toronto Stock Exchange. It employs 12000 people. For more info on Cascades please contact Hugues Simon at 819 363 5100 or go to https://www.cascades.com.Cascades Outstanding Bonds
Cascades 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. Cascades 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 Cascades bonds can be classified according to their maturity, which is the date when Cascades 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 Cascades
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 Cascades 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 Cascades will appreciate offsetting losses from the drop in the long position's value.Moving against Cascades Stock
| 0.8 | FDY | Faraday Copper Corp | PairCorr |
| 0.53 | WN | George Weston Limited | PairCorr |
| 0.41 | L | Loblaw Companies | PairCorr |
| 0.39 | X | TMX Group Limited | PairCorr |
The ability to find closely correlated positions to Cascades could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cascades 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 Cascades - 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 Cascades to buy it.
The correlation of Cascades 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 Cascades moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cascades 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 Cascades 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 Cascades Stock
Cascades financial ratios help investors to determine whether Cascades 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 Cascades with respect to the benefits of owning Cascades security.