Edward Cloues - AMREP Independent Chairman of the Board

AXR Stock  USD 37.20  0.34  0.92%   

Chairman

Mr. Edward B. Cloues, II, is the Independent Chairman of the Board of Amrep Corporationrationration. He also serves as a director of Hillenbrand, Inc. and as a director and Chairman of the Board of Penn Virginia Corporationrationration. He had served as a director and Chairman of the Board of PVR GP, LLC, the General Partner of PVR Partners, L.P., until its sale in March 2014. For more than five years prior to its sale on April 1, 2010, Mr. Cloues was a director, the Chairman of the Board and the Chief Executive Officer of KTron International, Inc., a material handling equipment manufacturer since 2006.
Age 72
Tenure 18 years
Address 850 West Chester Pike, Havertown, PA, United States, 19083
Phone610 487 0905
Webhttps://amrepcorp.com
Cloues was a law firm partner at a major global law firm where he specialized in mergers and acquisitions and other business law matters. That experience combined with the experience gained from his former 12 year chief executive position with KTron International, Inc., which had been publicly held prior to its sale, has given him a strong background in dealing with complex business transactions and general management issues. Additionally, he brings to the Board a broad understanding of governance and compensation issues as a result of his service on several other public company boards.

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 11/25/2024, 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 11/25/2024, 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.
AMREP has 35 K in debt with debt to equity (D/E) ratio of 0.02, which may show that the company is not taking advantage of profits from borrowing. AMREP has a current ratio of 8.86, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for AMREP to invest in growth at high rates of return.

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AMREP Corporation, through its subsidiaries, primarily engages in the real estate business. AMREP Corporation was founded in 1961 and is headquartered in Havertown, Pennsylvania. Amrep Corp operates under Real EstateDevelopment classification in the United States and is traded on New York Stock Exchange. It employs 22 people. AMREP (AXR) is traded on New York Stock Exchange in USA. It is located in 850 West Chester Pike, Havertown, PA, United States, 19083 and employs 42 people. AMREP is listed under Commercial Services & Supplies category by Fama And French industry classification.

Management Performance

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.

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

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Moving against AMREP Stock

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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.
Pair CorrelationCorrelation Matching

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.