NextTrip Ownership
| NTRP Stock | USD 3.98 0.01 0.25% |
Shares in Circulation | First Issued 2011-06-30 | Previous Quarter 5.8 K | Current Value 6 M | Avarage Shares Outstanding 5.2 M | Quarterly Volatility 6.4 M |
NextTrip |
NextTrip Stock Ownership Analysis
About 22.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 29.16. NextTrip last dividend was issued on the 28th of February 2020. The entity had 1:20 split on the 22nd of September 2023. Neurotrope, Inc., a biopharmaceutical company, focuses on the development of a product platform for the treatment of Alzheimers disease. The company was founded in 2012 and is based in New York, New York. Neurotrope operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 5 people. To find out more about NextTrip contact William Kerby at 954 526 9688 or learn more at https://www.nexttrip.com.Besides selling stocks to institutional investors, NextTrip also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different NextTrip's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align NextTrip's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
NextTrip Quarterly Liabilities And Stockholders Equity |
|
About 22.0% of NextTrip are currently held by insiders. Unlike NextTrip's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against NextTrip's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of NextTrip's insider trades
NextTrip Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific NextTrip insiders, such as employees or executives, is commonly permitted as long as it does not rely on NextTrip's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases NextTrip insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Alkon Daniel L. 17 hours ago Disposition of 175000 shares by Alkon Daniel L. of NextTrip at 1.75 subject to Rule 16b-3 | ||
Gergel Ivan P. over two weeks ago Disposition of 10000 shares by Gergel Ivan P. of NextTrip at 4.06 subject to Rule 16b-3 | ||
Schechter Jonathan over a month ago Disposition of 10000 shares by Schechter Jonathan of NextTrip at 0.8203 subject to Rule 16b-3 | ||
Alkon Daniel L. over a month ago Disposition of 175000 shares by Alkon Daniel L. of NextTrip at 1.75 subject to Rule 16b-3 | ||
Singer William S. over three months ago Acquisition by Singer William S. of 10000 shares of NextTrip at 4.06 subject to Rule 16b-3 | ||
James Gottlieb over six months ago Acquisition by James Gottlieb of 5000 shares of NextTrip at 0.59 subject to Rule 16b-3 |
Pair Trading with NextTrip
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 NextTrip 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 NextTrip will appreciate offsetting losses from the drop in the long position's value.Moving together with NextTrip Stock
Moving against NextTrip Stock
| 0.68 | DM | Desktop Metal | PairCorr |
| 0.53 | S | SentinelOne | PairCorr |
| 0.44 | CLSK | CleanSpark Buyout Trend | PairCorr |
| 0.39 | U | Unity Software | PairCorr |
| 0.36 | GPUS | Hyperscale Data, Symbol Change | PairCorr |
The ability to find closely correlated positions to NextTrip could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NextTrip 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 NextTrip - 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 NextTrip to buy it.
The correlation of NextTrip 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 NextTrip moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NextTrip 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 NextTrip 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.Additional Tools for NextTrip Stock Analysis
When running NextTrip's price analysis, check to measure NextTrip's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NextTrip is operating at the current time. Most of NextTrip's value examination focuses on studying past and present price action to predict the probability of NextTrip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NextTrip's price. Additionally, you may evaluate how the addition of NextTrip to your portfolios can decrease your overall portfolio volatility.