Tamarack Valley Ownership
| TVE Stock | CAD 4.33 0.03 0.70% |
Shares in Circulation | First Issued 2002-06-30 | Previous Quarter 551.8 M | Current Value 545.3 M | Avarage Shares Outstanding 140.4 M | Quarterly Volatility 178.7 M |
Tamarack |
Tamarack Stock Ownership Analysis
About 23.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.05. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Tamarack Valley Energy last dividend was issued on the 31st of March 2025. The entity had 1:12 split on the 17th of July 2012. Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. Tamarack Valley Energy Ltd. was incorporated in 2002 and is headquartered in Calgary, Canada. TAMARACK VALLEY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 74 people. To find out more about Tamarack Valley Energy contact Brian Schmidt at 403-263-4440 or learn more at https://www.tamarackvalley.ca.Tamarack Valley Outstanding Bonds
Tamarack Valley 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. Tamarack Valley Energy 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 Tamarack bonds can be classified according to their maturity, which is the date when Tamarack Valley Energy 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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| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with Tamarack Valley
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 Tamarack Valley 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 Tamarack Valley will appreciate offsetting losses from the drop in the long position's value.Moving together with Tamarack Stock
Moving against Tamarack Stock
| 0.68 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.64 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.64 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.54 | LLY | Eli Lilly | PairCorr |
| 0.33 | SAGE | Sage Potash Corp | PairCorr |
The ability to find closely correlated positions to Tamarack Valley could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tamarack Valley 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 Tamarack Valley - 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 Tamarack Valley Energy to buy it.
The correlation of Tamarack Valley 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 Tamarack Valley moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tamarack Valley Energy 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 Tamarack Valley 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 Tamarack Stock
Tamarack Valley financial ratios help investors to determine whether Tamarack 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 Tamarack with respect to the benefits of owning Tamarack Valley security.