Christopher Vitale - AMREP EVP
| AXR Stock | USD 37.20 0.34 0.92% |
EVP
Mr. Christopher V. Vitale is the President, Chief Executive Officer of Amrep Corporationrationration. Prior to being appointed President and Chief Executive Officer of the Company, Mr. Vitale, age 41, had been Executive Vice President, Chief Administrative Officer and General Counsel of the Company since September 2014. From March 2013 to September 2014, Mr. Vitale was Vice President and General Counsel of the Company. From April 2012 to March 2013, he was Vice President, Legal at Franklin Square Holdings, L.P. and, from 2011 to March 2012, he was Assistant Vice President, Legal at Franklin Square Holdings, L.P., a national sponsor and distributor of investment products, where he was responsible for securities matters, corporate governance and general corporate matters. During 2011, Mr. Vitale was the Chief Administrative Officer at WorldGate Communications, Inc., and from 2009 to 2011 he was Senior Vice President, General Counsel and Secretary at WorldGate, a provider of digital voice and video phone services and video phones. In 2012, WorldGate filed a voluntary petition for relief under Chapter 7 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Prior to joining WorldGate, Mr. Vitale was an attorney with the law firms of Morgan, Lewis Bockius LLP and Sullivan Cromwell LLP. since 2021.
| Age | 48 |
| Tenure | 3 years |
| Address | 850 West Chester Pike, Havertown, PA, United States, 19083 |
| Phone | 610 487 0905 |
| Web | https://amrepcorp.com |
AMREP Management Efficiency
The company has Return on Asset of 0.0542 % which means that on every $100 spent on assets, it made $0.0542 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0802 %, implying that it generated $0.0802 on every 100 dollars invested. AMREP's management efficiency ratios could be used to measure how well AMREP manages its routine affairs as well as how well it operates its assets and liabilities. At this time, AMREP's Return On Tangible Assets are relatively stable compared to the past year. As of 11/22/2024, Return On Assets is likely to grow to 0.06, while Return On Capital Employed is likely to drop 0.04. At this time, AMREP's Total Assets are relatively stable compared to the past year. As of 11/22/2024, Non Current Assets Total is likely to grow to about 46.8 M, while Other Current Assets are likely to drop slightly above 1.4 M.Management Performance
| Return On Equity | 0.0802 | ||||
| Return On Asset | 0.0542 |
AMREP Leadership Team
Elected by the shareholders, the AMREP's board of directors comprises two types of representatives: AMREP inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AMREP. The board's role is to monitor AMREP's management team and ensure that shareholders' interests are well served. AMREP'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, AMREP's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Theodore Gaasche, Co-Principal Executive Officer, Director and Vice Chairman of Executive Committee | ||
| Robert Robotti, Independent Director | ||
| Adrienne Uleau, Vice President - Finance and Accounting | ||
| Christopher Vitale, Chief Admin. Officer, Executive VP, General Counsel and Secretary | ||
| Edward Cloues, Independent Chairman of the Board | ||
| Albert Russo, Independent Director |
AMREP 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 AMREP 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.
| Return On Equity | 0.0802 | ||||
| Return On Asset | 0.0542 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 161.51 M | ||||
| Shares Outstanding | 5.29 M | ||||
| Shares Owned By Insiders | 44.90 % | ||||
| Shares Owned By Institutions | 42.27 % | ||||
| Number Of Shares Shorted | 21.28 K | ||||
| Price To Earning | 6.79 X |
Pair Trading with AMREP
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 AMREP 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 AMREP will appreciate offsetting losses from the drop in the long position's value.Moving together with AMREP Stock
Moving against AMREP Stock
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| 0.8 | MLKN | MillerKnoll | PairCorr |
| 0.63 | RTO | Rentokil Initial PLC | PairCorr |
| 0.6 | CVEO | Civeo Corp | PairCorr |
| 0.46 | ACU | Acme United | PairCorr |
The ability to find closely correlated positions to AMREP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMREP 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 AMREP - 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 AMREP to buy it.
The correlation of AMREP 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 AMREP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMREP 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 AMREP 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.Additional Tools for AMREP Stock Analysis
When running AMREP's price analysis, check to measure AMREP's 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 AMREP is operating at the current time. Most of AMREP's value examination focuses on studying past and present price action to predict the probability of AMREP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMREP's price. Additionally, you may evaluate how the addition of AMREP to your portfolios can decrease your overall portfolio volatility.