Caribbean Utilities Stock Shares Outstanding

CUPUF Stock  USD 12.79  0.10  0.79%   
Caribbean Utilities fundamentals help investors to digest information that contributes to Caribbean Utilities' financial success or failures. It also enables traders to predict the movement of Caribbean Pink Sheet. The fundamental analysis module provides a way to measure Caribbean Utilities' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Caribbean Utilities pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Caribbean Shares Outstanding Analysis

Caribbean Utilities' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

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Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Caribbean Utilities Shares Outstanding

    
  37.59 M  
Most of Caribbean Utilities' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Caribbean Utilities is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Based on the latest financial disclosure, Caribbean Utilities has 37.59 M of shares currently outstending. This is 96.27% lower than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The shares outstanding for all United States stocks is 93.43% higher than that of the company.

Caribbean Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Caribbean Utilities' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Caribbean Utilities could also be used in its relative valuation, which is a method of valuing Caribbean Utilities by comparing valuation metrics of similar companies.
Caribbean Utilities is currently under evaluation in shares outstanding category among related companies.

Caribbean Fundamentals

About Caribbean Utilities Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Caribbean Utilities's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Caribbean Utilities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Caribbean Utilities based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Caribbean Utilities Company, Ltd. generates and distributes electricity in Grand Cayman, the Cayman Islands. Caribbean Utilities Company, Ltd. is a subsidiary of Fortis Energy Ltd. Caribbean Utilities operates under UtilitiesRegulated Electric classification in the United States and is traded on OTC Exchange. It employs 243 people.

Pair Trading with Caribbean Utilities

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 Caribbean Utilities 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 Caribbean Utilities will appreciate offsetting losses from the drop in the long position's value.

Moving together with Caribbean Pink Sheet

  0.63SOJE SOJEPairCorr
  0.74SOJC SouthernPairCorr
  0.67CMSA CMS Energy CorpPairCorr
  0.72DTW DTE EnergyPairCorr

Moving against Caribbean Pink Sheet

  0.61SJIV South Jersey IndustriesPairCorr
The ability to find closely correlated positions to Caribbean Utilities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caribbean Utilities 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 Caribbean Utilities - 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 Caribbean Utilities to buy it.
The correlation of Caribbean Utilities 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 Caribbean Utilities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caribbean Utilities 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 Caribbean Utilities 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
Check out Caribbean Utilities Piotroski F Score and Caribbean Utilities Altman Z Score analysis.
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.

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Please note, there is a significant difference between Caribbean Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Caribbean Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caribbean Utilities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.