TMX Group Ownership
| X Stock | CAD 52.30 1.20 2.35% |
Shares in Circulation | First Issued 2003-03-31 | Previous Quarter 278.6 M | Current Value 279 M | Avarage Shares Outstanding 249.7 M | Quarterly Volatility 113.2 M |
TMX |
TMX Stock Ownership Analysis
About 56.0% of the company outstanding shares are owned by institutional investors. The book value of TMX Group was at this time reported as 16.48. The company has Price/Earnings To Growth (PEG) ratio of 1.43. TMX Group Limited last dividend was issued on the 21st of February 2025. The entity had 5:1 split on the 14th of June 2023. TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. TMX Group Limited was incorporated in 2011 and is headquartered in Toronto, Canada. TMX GROUP operates under Financial Data Stock Exchanges classification in Canada and is traded on Toronto Stock Exchange. It employs 1332 people. For more information please call John McKenzie at 888 873 8392 or visit https://www.tmx.com.TMX Group Outstanding Bonds
TMX Group 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. TMX Group Limited 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 TMX bonds can be classified according to their maturity, which is the date when TMX Group Limited 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.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with TMX Group
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 TMX Group 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 TMX Group will appreciate offsetting losses from the drop in the long position's value.Moving against TMX Stock
| 0.83 | MGA | Mega Uranium | PairCorr |
| 0.75 | ONEX | Onex Corp | PairCorr |
| 0.75 | BBD-B | Bombardier | PairCorr |
| 0.63 | CTC-A | Canadian TireLimited | PairCorr |
| 0.62 | CVE | Cenovus Energy | PairCorr |
The ability to find closely correlated positions to TMX Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TMX Group 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 TMX Group - 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 TMX Group Limited to buy it.
The correlation of TMX Group 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 TMX Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TMX Group Limited 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 TMX Group 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 TMX Stock
TMX Group financial ratios help investors to determine whether TMX 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 TMX with respect to the benefits of owning TMX Group security.