IA Financial Ownership
| IAG Stock | CAD 131.99 2.37 1.83% |
Shares in Circulation | First Issued 2000-06-30 | Previous Quarter 97 M | Current Value 95 M | Avarage Shares Outstanding 93 M | Quarterly Volatility 12.2 M |
IAG |
IAG Stock Ownership Analysis
About 48.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.62. Some equities with similar Price to Book (P/B) outperform the market in the long run. iA Financial has Price/Earnings To Growth (PEG) ratio of 0.85. The entity recorded earning per share (EPS) of 9.95. The firm last dividend was issued on the 28th of February 2025. IA Financial had 2:1 split on the 16th of May 2005. iA Financial Corporation Inc., through its subsidiary, Industrial Alliance Insurance and Financial Services Inc., provides various life and health insurance products in Canada and the United States. The company was founded in 1892 and is headquartered in Qubec, Canada. IA FINANCIAL operates under InsuranceDiversified classification in Canada and is traded on Toronto Stock Exchange. It employs 7000 people. To learn more about iA Financial call BSc FSA at 418 684 5000 or check out https://ia.ca.IA Financial Outstanding Bonds
IA Financial 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. iA Financial 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 IAG bonds can be classified according to their maturity, which is the date when iA Financial 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.
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Pair Trading with IA Financial
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 IA Financial 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 IA Financial will appreciate offsetting losses from the drop in the long position's value.Moving against IAG Stock
The ability to find closely correlated positions to IA Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IA Financial 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 IA Financial - 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 iA Financial to buy it.
The correlation of IA Financial 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 IA Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iA Financial 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 IA Financial 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 IAG Stock
IA Financial financial ratios help investors to determine whether IAG 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 IAG with respect to the benefits of owning IA Financial security.