Linamar Ownership
| LNR Stock | CAD 69.64 2.13 3.16% |
Shares in Circulation | First Issued 1993-09-30 | Previous Quarter 61.7 M | Current Value 61.6 M | Avarage Shares Outstanding 67.4 M | Quarterly Volatility 3.3 M |
Linamar |
Linamar Stock Ownership Analysis
About 35.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.74. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Linamar has Price/Earnings To Growth (PEG) ratio of 1.08. The entity last dividend was issued on the 26th of May 2025. The firm had 3:1 split on the 15th of May 1998. Linamar Corporation together with its subsidiaries design, develop, and produce engineered products in Canada, Rest of North America, the Asia Pacific, and Europe. Linamar Corporation was founded in 1966 and is headquartered in Guelph, Canada. LINAMAR CORP operates under Auto Parts classification in Canada and is traded on Toronto Stock Exchange. It employs 26000 people. To find out more about Linamar contact Linda Hasenfratz at 519-836-7550 or learn more at https://www.linamar.com.Linamar Outstanding Bonds
Linamar 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. Linamar 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 Linamar bonds can be classified according to their maturity, which is the date when Linamar 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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| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with Linamar
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 Linamar 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 Linamar will appreciate offsetting losses from the drop in the long position's value.Moving together with Linamar Stock
| 0.89 | FFH | Fairfax Financial Earnings Call This Week | PairCorr |
| 0.97 | FFH-PG | Fairfax Fin Hld Earnings Call This Week | PairCorr |
| 0.98 | FFH-PI | Fairfax Financial Earnings Call This Week | PairCorr |
| 0.9 | FFH-PK | Fairfax Financial Earnings Call This Week | PairCorr |
Moving against Linamar Stock
The ability to find closely correlated positions to Linamar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Linamar 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 Linamar - 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 Linamar to buy it.
The correlation of Linamar 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 Linamar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Linamar 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 Linamar 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 Linamar Stock
Linamar financial ratios help investors to determine whether Linamar 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 Linamar with respect to the benefits of owning Linamar security.