TCM Ownership

TCM Stock  DKK 74.60  0.80  1.06%   
The market capitalization of TCM is kr651.94 Million. Over half of TCM's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Therefore, these institutions are subject to different rules and regulations than regular investors in TCM Group. Please watch out for any change in the institutional holdings of TCM as this could mean something significant has changed or is about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the entity is less than the current market value, you may not be able generate positive returns on investment in the long run.
Some institutional investors establish a significant position in stocks such as TCM in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of TCM, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TCM Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

TCM Stock Ownership Analysis

About 68.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.42. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TCM Group recorded earning per share (EPS) of 7.08. The entity last dividend was issued on the 6th of April 2022. TCM Group AS engages in the manufacture and sale of kitchen and furniture products for bathrooms and storage in Denmark and internationally. TCM Group AS was founded in 2015 and is headquartered in Holstebro, Denmark. TCM Group operates under Furnishings, Fixtures Appliances classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 483 people. To find out more about TCM Group contact the company at 45 97 43 52 00 or learn more at https://www.tcmgroup.dk.

TCM Outstanding Bonds

TCM 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. TCM Group 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 TCM bonds can be classified according to their maturity, which is the date when TCM Group 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.

Pair Trading with TCM

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 TCM 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 TCM will appreciate offsetting losses from the drop in the long position's value.

Moving together with TCM Stock

  0.74DANSKE Danske Bank ASPairCorr
  0.87JYSK Jyske Bank ASPairCorr
  0.84SYDB Sydbank ASPairCorr

Moving against TCM Stock

  0.5NOVO-B Novo Nordisk ASPairCorr
The ability to find closely correlated positions to TCM could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TCM 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 TCM - 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 TCM Group to buy it.
The correlation of TCM 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 TCM moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TCM Group 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 TCM 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in TCM Stock

TCM financial ratios help investors to determine whether TCM 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 TCM with respect to the benefits of owning TCM security.