Rupert Resources Ownership
| RUP Stock | 7.49 0.02 0.27% |
Shares in Circulation | First Issued 2002-06-30 | Previous Quarter 234 M | Current Value 234.3 M | Avarage Shares Outstanding 87.2 M | Quarterly Volatility 65.4 M |
Rupert |
Rupert Stock Ownership Analysis
About 15.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.03. Rupert Resources had not issued any dividends in recent years. To find out more about Rupert Resources contact James Withall at 416 304 9004 or learn more at https://rupertresources.com.Pair Trading with Rupert Resources
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 Rupert Resources 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 Rupert Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Rupert Stock
| 0.96 | AG | First Majestic Silver | PairCorr |
| 0.9 | IE | Ivanhoe Energy | PairCorr |
| 0.96 | ORE | Orezone Gold Corp | PairCorr |
| 0.75 | FDR | Flinders Resources | PairCorr |
| 0.92 | FDY | Faraday Copper Corp | PairCorr |
Moving against Rupert Stock
The ability to find closely correlated positions to Rupert Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rupert Resources 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 Rupert Resources - 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 Rupert Resources to buy it.
The correlation of Rupert Resources 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 Rupert Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rupert Resources 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 Rupert Resources 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 Rupert Stock
Rupert Resources financial ratios help investors to determine whether Rupert 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 Rupert with respect to the benefits of owning Rupert Resources security.