Avjitpal Kamboj - Converge Technology Chief Officer
| CTS Stock | CAD 3.36 0.06 1.82% |
Executive
Avjitpal Kamboj is Chief Officer of Converge Technology Solutions
| Address | 161 Bay Street, Toronto, ON, Canada, M5J 2T6 |
| Phone | 416 360 1495 |
| Web | https://www.convergetp.com |
Converge Technology Management Efficiency
The company has return on total asset (ROA) of 0.0162 % which means that it generated a profit of $0.0162 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.3346) %, meaning that it generated substantial loss on money invested by shareholders. Converge Technology's management efficiency ratios could be used to measure how well Converge Technology manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to drop to -0.0013. In addition to that, Return On Capital Employed is likely to grow to -0.07. At this time, Converge Technology's Total Assets are very stable compared to the past year. As of the 22nd of November 2024, Non Current Assets Total is likely to grow to about 1.1 B, though Net Tangible Assets are likely to grow to (365.7 M).Similar Executives
| Found 6 records | EXECUTIVE Age | ||
| Heather Smiles | Electra Battery Materials | 38 | |
| Joe McCullagh | Canlan Ice Sports | N/A | |
| PEng PMP | Electra Battery Materials | N/A | |
| Kenneth Norgrove | Intact Financial | 55 | |
| Shubha Khan | Intact Financial | N/A | |
| Imen Zitouni | Intact Financial | N/A | |
Management Performance
| Return On Equity | -0.33 | ||||
| Return On Asset | 0.0162 |
Converge Technology Leadership Team
Elected by the shareholders, the Converge Technology's board of directors comprises two types of representatives: Converge Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Converge. The board's role is to monitor Converge Technology's management team and ensure that shareholders' interests are well served. Converge Technology'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, Converge Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Avjitpal Kamboj, Chief Officer | ||
| Cari Hash, VP Sales | ||
| Emily Martin, Executive Platforms | ||
| Emily Harnish, Chief Officer | ||
| Cory Reid, COO Officer | ||
| Julianne Belaga, Chief Officer | ||
| Richard Lecoutre, Global Officer | ||
| Vic Verola, Executive Sales | ||
| David Luftig, Executive Solutions | ||
| Greg Berard, Global President | ||
| Karie Timion, Vice Marketing | ||
| Tommy Whatley, Ex Alliances | ||
| Greg Rhoades, Chief US | ||
| Sean Colicchio, Global Officer | ||
| Rhonda Hanes, Executive Operations | ||
| Shaun Maine, Group Director | ||
| John Teltsch, Chief Officer | ||
| Don Cuthbertson, CTO Canada |
Converge 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 Converge Technology 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 | -0.33 | ||||
| Return On Asset | 0.0162 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 765 M | ||||
| Shares Outstanding | 193.07 M | ||||
| Shares Owned By Insiders | 5.37 % | ||||
| Shares Owned By Institutions | 33.59 % | ||||
| Number Of Shares Shorted | 1.72 M | ||||
| Price To Earning | 69.80 X |
Pair Trading with Converge Technology
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 Converge Technology 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 Converge Technology will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Converge Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Converge Technology 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 Converge Technology - 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 Converge Technology Solutions to buy it.
The correlation of Converge Technology 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 Converge Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Converge Technology 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 Converge Technology 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.Other Information on Investing in Converge Stock
Converge Technology financial ratios help investors to determine whether Converge 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 Converge with respect to the benefits of owning Converge Technology security.