TFI International Ownership
| TFII Stock | CAD 117.49 1.80 1.51% |
Shares in Circulation | First Issued 1997-06-30 | Previous Quarter 85.1 M | Current Value 85.1 M | Avarage Shares Outstanding 79.2 M | Quarterly Volatility 23.5 M |
TFI |
TFI Stock Ownership Analysis
About 75.0% of the company shares are owned by institutional investors. The book value of TFI International was at this time reported as 31.67. The company has Price/Earnings To Growth (PEG) ratio of 1.63. TFI International recorded earning per share (EPS) of 7.1. The entity last dividend was issued on the 31st of March 2025. TFI International Inc. provides transportation and logistics services in the United States, Canada, and Mexico. The company was formerly known as TransForce Inc. and changed its name to TFI International Inc. in December 2016. TFI INTERNATIONAL operates under Trucking classification in Canada and is traded on Toronto Stock Exchange. It employs 16754 people. To find out more about TFI International contact FCA FCPA at 514 331 4000 or learn more at https://www.tfiintl.com.TFI International Outstanding Bonds
TFI International 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. TFI International 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 TFI bonds can be classified according to their maturity, which is the date when TFI International 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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| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with TFI International
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 TFI International 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 TFI International will appreciate offsetting losses from the drop in the long position's value.Moving together with TFI Stock
Moving against TFI Stock
| 0.9 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.72 | SMD | Strategic Metals | PairCorr |
| 0.42 | SBUX | Starbucks CDR | PairCorr |
The ability to find closely correlated positions to TFI International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TFI International 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 TFI International - 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 TFI International to buy it.
The correlation of TFI International 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 TFI International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TFI International 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 TFI International 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TFI International. 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. To learn how to invest in TFI Stock, please use our How to Invest in TFI International guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.