Yossi Elchanan - Adcore Chief Officer

ADCO Stock  CAD 0.18  0.01  5.26%   

Insider

Yossi Elchanan is Chief Officer of Adcore Inc
Address 100 King Street West, Toronto, ON, Canada, M5X 1G5
Phone647 497 5337
Webhttps://www.adcore.com

Adcore Management Efficiency

The company has return on total asset (ROA) of 0.0561 % which means that it generated a profit of $0.0561 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1044) %, meaning that it generated substantial loss on money invested by shareholders. Adcore's management efficiency ratios could be used to measure how well Adcore manages its routine affairs as well as how well it operates its assets and liabilities. As of the 11th of December 2024, Return On Tangible Assets is likely to drop to -0.09. In addition to that, Return On Capital Employed is likely to grow to -0.04. As of the 11th of December 2024, Fixed Asset Turnover is likely to grow to 121.45, while Total Assets are likely to drop about 10.7 M.
Adcore Inc has accumulated 5.55 M in total debt with debt to equity ratio (D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. Adcore Inc has a current ratio of 4.02, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Adcore until it has trouble settling it off, either with new capital or with free cash flow. So, Adcore's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Adcore Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Adcore to invest in growth at high rates of return. When we think about Adcore's use of debt, we should always consider it together with cash and equity.

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Adcore Inc. operates as an e-commerce advertising management and automation platform in the Asia-Pacific, Europe, the Middle East, Africa, and North America. Adcore Inc. was founded in 2005 and is headquartered in Tel Aviv, Israel. ADCORE INC is traded on Toronto Stock Exchange in Canada. Adcore Inc (ADCO) is traded on Toronto Exchange in Canada and employs 57 people. Adcore is listed under Application Software category by Fama And French industry classification.

Management Performance

Adcore Inc Leadership Team

Elected by the shareholders, the Adcore's board of directors comprises two types of representatives: Adcore inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Adcore. The board's role is to monitor Adcore's management team and ensure that shareholders' interests are well served. Adcore's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Adcore's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jason Saltzman, External Counsel
Roy Nevo, COO Director
Rob Reynolds, Commercial Director
Advocate Dan, General Secretary
Zehavit Dan, General Secretary
Gal Itkin, Head China
Vadim Malkin, Chief Officer
Martijn Bemd, Chief Officer
Yossi Elchanan, Chief Officer
Amit CPA, Chief Officer
Omri Brill, President, Founder
Yatir CPA, Chief Officer
Lilach Shazar, Head Advertising
Lilach Kroll, Head Advter
Ronit Moll, Chief Officer

Adcore Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Adcore a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Adcore

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

Moving against Adcore Stock

  0.41BRK Berkshire Hathaway CDRPairCorr
The ability to find closely correlated positions to Adcore could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adcore 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 Adcore - 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 Adcore Inc to buy it.
The correlation of Adcore 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 Adcore moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adcore Inc 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 Adcore 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

Other Information on Investing in Adcore Stock

Adcore financial ratios help investors to determine whether Adcore 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 Adcore with respect to the benefits of owning Adcore security.