Frank Fuernkranz - Canadian General Treasurer Officer

CGI Stock  CAD 41.00  0.40  0.99%   

Executive

Mr. Frank C. Fuernkranz is the Secretary, Treasurer and CFO of the Canadian General Investments, Limited. He was Chief Financial Officer, Treasurer of Canadian General Investments Limited. He is VicePresident Finance, Secretary and Chief Compliance Officer, Morgan Meighen Associates Limited. since 2014.
Tenure 10 years
Address 10 Toronto Street, Toronto, ON, Canada, M5C 2B7
Phone416-366-2931
Webhttps://www.mmainvestments.com/cgi.cfm

Canadian General Management Efficiency

The company has return on total asset (ROA) of 0.0812 % which means that it generated a profit of $0.0812 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1323 %, meaning that it generated $0.1323 on every $100 dollars invested by stockholders. Canadian General's management efficiency ratios could be used to measure how well Canadian General manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to grow to 0.14. Also, Return On Capital Employed is likely to grow to 0.17. At this time, Canadian General's Return On Tangible Assets are very stable compared to the past year. As of the 26th of November 2024, Debt To Assets is likely to grow to 0.18, while Total Assets are likely to drop about 903.6 M.
Canadian General Investments has accumulated 175 M in total debt with debt to equity ratio (D/E) of 0.15, which may suggest the company is not taking enough advantage from borrowing. Canadian General Inv has a current ratio of 7.29, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Canadian General until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian General'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 Canadian General Inv sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian General's use of debt, we should always consider it together with cash and equity.

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Canadian General Investments, Limited is a close ended equity mutual fund launched and managed by Morgan Meighen Associates Limited. Canadian General Investments, Limited was formed on January 15, 1930 and is domiciled in Ontario, Canada. CDN GENERAL operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange. Canadian General Investments (CGI) is traded on Toronto Exchange in Canada and employs 3 people. Canadian General is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Canadian General Inv Management Team

Elected by the shareholders, the Canadian General's board of directors comprises two types of representatives: Canadian General inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canadian. The board's role is to monitor Canadian General's management team and ensure that shareholders' interests are well served. Canadian General'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, Canadian General's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jonathan CIM, President Officer
CA CFA, Limited Investments
Frank Fuernkranz, Treasurer Officer

Canadian 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 Canadian General 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 Canadian General

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

Moving together with Canadian Stock

  0.69ASM Avino Silver GoldPairCorr

Moving against Canadian Stock

  0.57VCM Vecima NetworksPairCorr
The ability to find closely correlated positions to Canadian General could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian General 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 Canadian General - 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 Canadian General Investments to buy it.
The correlation of Canadian General 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 Canadian General moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian General Inv 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 Canadian General 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 Canadian Stock

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