Dollarama Ownership
| DOL Stock | CAD 149.41 0.61 0.41% |
Shares in Circulation | First Issued 2008-12-31 | Previous Quarter 279.7 M | Current Value 281.1 M | Avarage Shares Outstanding 355.8 M | Quarterly Volatility 65.8 M |
Dollarama |
Dollarama Stock Ownership Analysis
About 46.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 2.24. Dollarama last dividend was issued on the 10th of January 2025. The entity had 3:1 split on the 20th of June 2018. Its stores offer general merchandise, consumables, and seasonal items. Dollarama Inc. was founded in 1992 and is headquartered in Montreal, Canada. DOLLARAMA INC operates under Diversified Wholesale And Retail classification in Canada and is traded on Toronto Stock Exchange. To learn more about Dollarama call Neil Rossy at 888 365 4266 or check out https://www.dollarama.com.Dollarama Outstanding Bonds
Dollarama 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. Dollarama 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 Dollarama bonds can be classified according to their maturity, which is the date when Dollarama 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.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Pair Trading with Dollarama
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 Dollarama 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 Dollarama will appreciate offsetting losses from the drop in the long position's value.Moving together with Dollarama Stock
Moving against Dollarama Stock
| 0.63 | GOOG | Alphabet CDR | PairCorr |
| 0.58 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.54 | SOU | Southern Energy Corp | PairCorr |
| 0.48 | AMZN | Amazon CDR | PairCorr |
| 0.34 | BEP-PM | Brookfield Renewable | PairCorr |
The ability to find closely correlated positions to Dollarama could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dollarama 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 Dollarama - 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 Dollarama to buy it.
The correlation of Dollarama 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 Dollarama moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dollarama 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 Dollarama 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 Dollarama Stock
Dollarama financial ratios help investors to determine whether Dollarama 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 Dollarama with respect to the benefits of owning Dollarama security.