DynaCERT Ownership
| DYA Stock | CAD 0.14 0.01 6.67% |
Shares in Circulation | First Issued 1999-12-31 | Previous Quarter 410.5 M | Current Value 417 M | Avarage Shares Outstanding 183.6 M | Quarterly Volatility 129.9 M |
DynaCERT |
DynaCERT Stock Ownership Analysis
About 14.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.03. DynaCERT had not issued any dividends in recent years. dynaCERT Inc. engages in the design, engineering, manufacture, testing, and distribution of transportable hydrogen generator aftermarket products in North America and internationally. DynaCERT Inc. was founded in 2004 and is headquartered in Toronto, Canada. DYNACERT INC operates under Specialty Industrial Machinery classification in Canada and is traded on Toronto Stock Exchange. It employs 37 people. To learn more about DynaCERT call Murray Payne at 416 766 9691 or check out https://dynacert.com.DynaCERT Outstanding Bonds
DynaCERT 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. DynaCERT 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 DynaCERT bonds can be classified according to their maturity, which is the date when DynaCERT 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.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Pair Trading with DynaCERT
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 DynaCERT 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 DynaCERT will appreciate offsetting losses from the drop in the long position's value.Moving together with DynaCERT Stock
Moving against DynaCERT Stock
| 0.65 | META | Meta Platforms CDR | PairCorr |
| 0.57 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.48 | WMT | Walmart Inc CDR | PairCorr |
| 0.46 | VZ | Verizon Communications | PairCorr |
| 0.41 | NTR | Nutrien | PairCorr |
The ability to find closely correlated positions to DynaCERT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DynaCERT 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 DynaCERT - 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 DynaCERT to buy it.
The correlation of DynaCERT 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 DynaCERT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DynaCERT 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 DynaCERT 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 DynaCERT Stock
DynaCERT financial ratios help investors to determine whether DynaCERT 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 DynaCERT with respect to the benefits of owning DynaCERT security.