Vista Gold Ownership
| VGZ Stock | CAD 1.11 0.01 0.91% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 125.4 M | Current Value 122.3 M | Avarage Shares Outstanding 44.1 M | Quarterly Volatility 45.3 M |
Vista |
Vista Stock Ownership Analysis
About 27.0% of the company outstanding shares are owned by institutional investors. The company had not issued any dividends in recent years. Vista Gold had 1:20 split on the 19th of June 2002. Vista Gold Corp., together with its subsidiaries, engages in the evaluation, acquisition, exploration, and advancement of gold exploration and development projects primarily in Australia. Vista Gold Corp. was founded in 1983 and is headquartered in Littleton, Colorado. VISTA GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 15 people. For more information please call Frederick BSc at 720 981 1185 or visit https://www.vistagold.com.Vista Gold Outstanding Bonds
Vista Gold 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. Vista Gold 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 Vista bonds can be classified according to their maturity, which is the date when Vista Gold 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.
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Pair Trading with Vista Gold
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 Vista Gold 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 Vista Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Vista Stock
| 0.76 | ORE | Orezone Gold Corp Earnings Call This Week | PairCorr |
Moving against Vista Stock
| 0.79 | VCM | Vecima Networks | PairCorr |
| 0.78 | NXE | NexGen Energy | PairCorr |
| 0.77 | IE | Ivanhoe Energy | PairCorr |
| 0.62 | CNQ | Canadian Natural Res | PairCorr |
| 0.31 | BIP-PB | Brookfield Infrastructure | PairCorr |
The ability to find closely correlated positions to Vista Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vista Gold 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 Vista Gold - 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 Vista Gold to buy it.
The correlation of Vista Gold 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 Vista Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vista Gold 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 Vista Gold 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 Vista Gold. 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 Vista Stock, please use our How to Invest in Vista Gold guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.