Quinenco Ownership
| QUINENCO | CLP 3,669 9.20 0.25% |
Quinenco |
Quinenco Stock Ownership Analysis
About 83.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.63. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Quinenco recorded earning per share (EPS) of 2094.46. The entity last dividend was issued on the 20th of June 2022. The firm had 223:217 split on the 2nd of October 2013. Quienco S.A., a business conglomerate, operates in the industrial and financial services sectors in Chile, rest of South America, Central America, North America, Europe, and Asia. Quienco S.A. was founded in 1957 and is headquartered in Santiago, Chile. QUINENCO operates under Conglomerates classification in Exotistan and is traded on Commodity Exchange. It employs 21158 people. To find out more about Quinenco contact Jose Mackenna at 56 22 750 7100 or learn more at https://www.quinenco.cl.Quinenco Outstanding Bonds
Quinenco 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. Quinenco 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 Quinenco bonds can be classified according to their maturity, which is the date when Quinenco 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.
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Pair Trading with Quinenco
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 Quinenco 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 Quinenco will appreciate offsetting losses from the drop in the long position's value.Moving together with Quinenco Stock
| 0.63 | ANDINAA | Embotelladora Andina | PairCorr |
| 0.72 | AAISA | Administradora Americana | PairCorr |
| 0.89 | COLBUN | Colbun | PairCorr |
| 0.76 | CUPRUM | Cuprum | PairCorr |
The ability to find closely correlated positions to Quinenco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quinenco 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 Quinenco - 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 Quinenco to buy it.
The correlation of Quinenco 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 Quinenco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quinenco 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 Quinenco 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 Quinenco Stock
Quinenco financial ratios help investors to determine whether Quinenco 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 Quinenco with respect to the benefits of owning Quinenco security.