Electric Royalties Ownership

ELEC Stock  CAD 0.23  0.02  9.52%   
Electric Royalties retains a total of 98.85 Million outstanding shares. Electric Royalties retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Some institutional investors establish a significant position in stocks such as Electric Royalties 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 Electric Royalties, 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.
Dividend Paid And Capex Coverage Ratio is likely to drop to 0.31 in 2024. Common Stock Shares Outstanding is likely to drop to about 61.4 M in 2024. Net Loss is likely to climb to about (2.3 M) in 2024.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electric Royalties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Electric Stock Ownership Analysis

About 41.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.59. Some equities with similar Price to Book (P/B) outperform the market in the long run. Electric Royalties recorded a loss per share of 0.07. The entity last dividend was issued on the 29th of June 2020. Electric Royalties Ltd. focuses on acquiring royalties in mines and projects. The company primarily focuses on various commodities, including lithium, vanadium, manganese, tin, graphite, cobalt, nickel, and copper. ELECTRIC ROYALTIES operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange. To learn more about Electric Royalties call the company at 604-639-9200 or check out https://www.electricroyalties.com.

Pair Trading with Electric Royalties

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

Moving against Electric Stock

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The ability to find closely correlated positions to Electric Royalties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electric Royalties 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 Electric Royalties - 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 Electric Royalties to buy it.
The correlation of Electric Royalties 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 Electric Royalties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Electric Royalties 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 Electric Royalties 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

Additional Tools for Electric Stock Analysis

When running Electric Royalties' price analysis, check to measure Electric Royalties' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Electric Royalties is operating at the current time. Most of Electric Royalties' value examination focuses on studying past and present price action to predict the probability of Electric Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electric Royalties' price. Additionally, you may evaluate how the addition of Electric Royalties to your portfolios can decrease your overall portfolio volatility.