Richard Carty - Economic Investment Corporate Secretary
| EVT Stock | CAD 174.50 0.01 0.01% |
Executive
Mr. Richard B. Carty is Corporationrationrate Secretary of Economic Investment Trust Limited.
| Age | 56 |
| Address | Bay Wellington Tower, Brookfield Place, Toronto, ON, Canada, M5J 2T3 |
| Phone | 416-869-3222 |
| Web | https://www.evt.ca |
Economic Investment Management Efficiency
The company has return on total asset (ROA) of 0.2024 % which means that it generated a profit of $0.2024 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3094 %, meaning that it generated $0.3094 on every $100 dollars invested by stockholders. Economic Investment's management efficiency ratios could be used to measure how well Economic Investment manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Total Assets is likely to drop to about 1 B. In addition to that, Net Tangible Assets is likely to drop to about 952.3 MSimilar Executives
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Management Performance
Economic Investment Trust Leadership Team
Elected by the shareholders, the Economic Investment's board of directors comprises two types of representatives: Economic Investment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Economic. The board's role is to monitor Economic Investment's management team and ensure that shareholders' interests are well served. Economic Investment'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, Economic Investment's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Duncan Jackman, Chairman, CEO and Pres | ||
| Richard Carty, Corporate Secretary |
Economic 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 Economic Investment 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 | 0.31 | ||||
| Return On Asset | 0.2 | ||||
| Profit Margin | 0.87 % | ||||
| Operating Margin | 1.00 % | ||||
| Current Valuation | 934.49 M | ||||
| Shares Outstanding | 5.62 M | ||||
| Shares Owned By Insiders | 79.70 % | ||||
| Shares Owned By Institutions | 1.41 % | ||||
| Price To Earning | 24.08 X | ||||
| Price To Sales | 2.39 X |
Pair Trading with Economic Investment
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 Economic Investment 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 Economic Investment will appreciate offsetting losses from the drop in the long position's value.Moving together with Economic Stock
Moving against Economic Stock
The ability to find closely correlated positions to Economic Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Economic Investment 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 Economic Investment - 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 Economic Investment Trust to buy it.
The correlation of Economic Investment 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 Economic Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Economic Investment Trust 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 Economic Investment 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 Economic Stock
Economic Investment financial ratios help investors to determine whether Economic 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 Economic with respect to the benefits of owning Economic Investment security.