Guru Organic Ownership
| GURU Stock | CAD 1.86 0.05 2.62% |
Guru |
Guru Stock Ownership Analysis
About 52.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.89. Some equities with similar Price to Book (P/B) outperform the market in the long run. Guru Organic Energy recorded a loss per share of 0.28. The entity last dividend was issued on the 2nd of November 2020. The firm had 11:1000 split on the 2nd of November 2020. GURU Organic Energy Corp., a beverage company, provides plant-based energy drinks. GURU Organic Energy Corp. was founded in 1999 and is headquartered in Montral, Canada. GURU ORGANIC operates under BeveragesNon-Alcoholic classification in Canada and is traded on Toronto Stock Exchange. It employs 70 people. To learn more about Guru Organic Energy call Carl Goyette at 514-845-4878 or check out https://www.guruenergy.com.Guru Organic Outstanding Bonds
Guru Organic 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. Guru Organic Energy 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 Guru bonds can be classified according to their maturity, which is the date when Guru Organic Energy 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 | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Pair Trading with Guru Organic
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 Guru Organic 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 Guru Organic will appreciate offsetting losses from the drop in the long position's value.Moving together with Guru Stock
Moving against Guru Stock
| 0.6 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.53 | NVDA | NVIDIA CDR | PairCorr |
| 0.44 | AAPL | Apple Inc CDR | PairCorr |
| 0.35 | GOOG | Alphabet CDR | PairCorr |
The ability to find closely correlated positions to Guru Organic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Guru Organic 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 Guru Organic - 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 Guru Organic Energy to buy it.
The correlation of Guru Organic 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 Guru Organic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Guru Organic Energy 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 Guru Organic 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 Guru Stock
Guru Organic financial ratios help investors to determine whether Guru 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 Guru with respect to the benefits of owning Guru Organic security.