Lorraine McLachlan - Diversified Royalty Independent Director
| DIV Stock | CAD 3.03 0.02 0.66% |
Insider
Lorraine McLachlan is Independent Director of Diversified Royalty Corp since 2018.
| Tenure | 6 years |
| Address | 609 Granville Street, Vancouver, BC, Canada, V7Y 1A1 |
| Phone | 604 235 3146 |
| Web | https://www.diversifiedroyaltycorp.com |
Diversified Royalty Management Efficiency
The company has return on total asset (ROA) of 0.069 % which means that it generated a profit of $0.069 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1206 %, meaning that it generated $0.1206 on every $100 dollars invested by stockholders. Diversified Royalty's management efficiency ratios could be used to measure how well Diversified Royalty manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to grow to 0.60. Also, Return On Capital Employed is likely to grow to 0.1. At this time, Diversified Royalty's Intangibles To Total Assets are very stable compared to the past year. As of the 23rd of November 2024, Debt To Assets is likely to grow to 0.56, while Total Current Assets are likely to drop about 12.2 M.Similar Executives
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Management Performance
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.069 |
Diversified Royalty Corp Leadership Team
Elected by the shareholders, the Diversified Royalty's board of directors comprises two types of representatives: Diversified Royalty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Diversified. The board's role is to monitor Diversified Royalty's management team and ensure that shareholders' interests are well served. Diversified Royalty'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, Diversified Royalty's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Johnny Ciampi, Independent Director | ||
| Abigail Meana, Corporate Controller | ||
| Adrian Law, Corporate Controller | ||
| Greg Gutmanis, Chief Financial Officer, Vice President - Acquisitions, Corporate Secretary | ||
| Sean Morrison, President, Chief Executive Officer | ||
| Garry Herdler, Independent Director | ||
| Lorraine McLachlan, Independent Director | ||
| Paula Rogers, Independent Chairman of the Board |
Diversified 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 Diversified Royalty 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 | 0.12 | ||||
| Return On Asset | 0.069 | ||||
| Profit Margin | 0.49 % | ||||
| Operating Margin | 0.90 % | ||||
| Current Valuation | 739.36 M | ||||
| Shares Outstanding | 165.94 M | ||||
| Shares Owned By Insiders | 0.51 % | ||||
| Shares Owned By Institutions | 14.66 % | ||||
| Number Of Shares Shorted | 506.78 K | ||||
| Price To Earning | 14.29 X |
Pair Trading with Diversified Royalty
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 Diversified Royalty 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 Diversified Royalty will appreciate offsetting losses from the drop in the long position's value.Moving together with Diversified Stock
The ability to find closely correlated positions to Diversified Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diversified Royalty 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 Diversified Royalty - 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 Diversified Royalty Corp to buy it.
The correlation of Diversified Royalty 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 Diversified Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diversified Royalty Corp 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 Diversified Royalty 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 Diversified Stock
Diversified Royalty financial ratios help investors to determine whether Diversified 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 Diversified with respect to the benefits of owning Diversified Royalty security.