Polaris Infrastructure Ownership
| PIF Stock | CAD 12.90 0.15 1.15% |
Shares in Circulation | First Issued 2001-03-31 | Previous Quarter 21.1 M | Current Value 21.1 M | Avarage Shares Outstanding 7.2 M | Quarterly Volatility 8.8 M |
Polaris |
Polaris Stock Ownership Analysis
About 22.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.71. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Polaris Infrastructure last dividend was issued on the 11th of November 2024. The entity had 1:2000 split on the 19th of May 2015. Polaris Renewable Energy Inc. engages in the acquisition, development, and operation of renewable energy projects in Latin America. Polaris Renewable Energy Inc. was incorporated in 1984 and is based in Toronto, Canada. POLARIS INFRASTRUCTURE operates under UtilitiesRenewable classification in Canada and is traded on Toronto Stock Exchange. It employs 151 people. To find out more about Polaris Infrastructure contact Marc Murnaghan at 647 245 7199 or learn more at https://www.polarisrei.com.Polaris Infrastructure Outstanding Bonds
Polaris Infrastructure 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. Polaris Infrastructure 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 Polaris bonds can be classified according to their maturity, which is the date when Polaris Infrastructure 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 Polaris Infrastructure
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 Polaris Infrastructure 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 Polaris Infrastructure will appreciate offsetting losses from the drop in the long position's value.Moving together with Polaris Stock
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Moving against Polaris Stock
The ability to find closely correlated positions to Polaris Infrastructure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Polaris Infrastructure 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 Polaris Infrastructure - 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 Polaris Infrastructure to buy it.
The correlation of Polaris Infrastructure 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 Polaris Infrastructure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Polaris Infrastructure 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 Polaris Infrastructure 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 Polaris Stock
Polaris Infrastructure financial ratios help investors to determine whether Polaris 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 Polaris with respect to the benefits of owning Polaris Infrastructure security.