Aton Resources Ownership
| AAN Stock | CAD 0.32 0.00 0.00% |
Shares in Circulation | First Issued 2017-03-31 | Previous Quarter 56 M | Current Value 65.1 M | Avarage Shares Outstanding 117.5 M | Quarterly Volatility 102 M |
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.
Aton |
Aton Stock Ownership Analysis
About 68.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.16. Aton Resources last dividend was issued on the 6th of April 2021. The entity had 1:10 split on the 21st of September 2020. Aton Resources Inc., through its subsidiaries, engages in the exploration and development of mineral properties in the Arab Republic of Egypt. Aton Resources Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada. ATON RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. For more info on Aton Resources please contact Robert Munro at 936 689 2589 or go to https://www.atonresources.com.Pair Trading with Aton 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 Aton 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 Aton Resources will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Aton 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 Aton 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 Aton 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 Aton Resources to buy it.
The correlation of Aton 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 Aton Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aton 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 Aton 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aton Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Aton Stock analysis
When running Aton Resources' price analysis, check to measure Aton Resources' 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 Aton Resources is operating at the current time. Most of Aton Resources' value examination focuses on studying past and present price action to predict the probability of Aton Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aton Resources' price. Additionally, you may evaluate how the addition of Aton Resources to your portfolios can decrease your overall portfolio volatility.
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