Brian JD - Innovative Industrial General VP
| IIPR Stock | USD 107.22 1.45 1.37% |
VP
Brian JD is General VP of Innovative Industrial Properties
| Age | 48 |
| Address | 1389 Center Drive, Park City, UT, United States, 84098-7660 |
| Phone | 858 997 3332 |
| Web | https://www.innovativeindustrialproperties.com |
Innovative Industrial Management Efficiency
The company has return on total asset (ROA) of 0.046 % which means that it generated a profit of $0.046 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0838 %, meaning that it created $0.0838 on every $100 dollars invested by stockholders. Innovative Industrial's management efficiency ratios could be used to measure how well Innovative Industrial manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/22/2024, Return On Tangible Assets is likely to grow to 0.07. Also, Return On Capital Employed is likely to grow to 0.08. At this time, Innovative Industrial's Net Tangible Assets are relatively stable compared to the past year. As of 11/22/2024, Other Assets is likely to grow to about 2.4 B, while Non Current Assets Total are likely to drop slightly above 9.1 M.Similar Executives
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| Bruce Herbkersman | Rexford Industrial Realty | N/A | |
| Nathan JD | Americold Realty Trust | 48 | |
| Thomas III | Public Storage | 41 | |
Management Performance
| Return On Equity | 0.0838 | ||||
| Return On Asset | 0.046 |
Innovative Industrial Leadership Team
Elected by the shareholders, the Innovative Industrial's board of directors comprises two types of representatives: Innovative Industrial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Innovative. The board's role is to monitor Innovative Industrial's management team and ensure that shareholders' interests are well served. Innovative Industrial'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, Innovative Industrial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Paul Smithers, President, Chief Executive Officer, Director | ||
| Mary Curran, Independent Director | ||
| Gary Kreitzer, Independent Vice Chairman of the Board | ||
| Catherine Hastings, Chief Financial Officer, Treasurer | ||
| Catherine CPA, CFO Treasurer | ||
| Brian Wolfe, Vice President General Counsel, Secretary | ||
| Andy Bui, Chief Accounting Officer, Vice President | ||
| Ben Regin, Chief Officer | ||
| Scott Shoemaker, Independent Director | ||
| Griffin Marquardt, Director Management | ||
| David Stecher, Independent Director | ||
| Alan Gold, Executive Chairman of the Board | ||
| Brian JD, General VP | ||
| David Smith, CFO Treasurer |
Innovative 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 Innovative Industrial 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 | 0.0838 | ||||
| Return On Asset | 0.046 | ||||
| Profit Margin | 0.53 % | ||||
| Operating Margin | 0.55 % | ||||
| Current Valuation | 3.17 B | ||||
| Shares Outstanding | 28.33 M | ||||
| Shares Owned By Insiders | 1.47 % | ||||
| Shares Owned By Institutions | 74.15 % | ||||
| Number Of Shares Shorted | 1.54 M | ||||
| Price To Earning | 36.04 X |
Pair Trading with Innovative Industrial
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 Innovative Industrial 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 Innovative Industrial will appreciate offsetting losses from the drop in the long position's value.Moving together with Innovative Stock
Moving against Innovative Stock
| 0.64 | ROIC | Retail Opportunity Sell-off Trend | PairCorr |
| 0.58 | IVT | Inventrust Properties | PairCorr |
| 0.56 | BRX | Brixmor Property | PairCorr |
| 0.53 | KRG | Kite Realty Group | PairCorr |
| 0.52 | KIM | Kimco Realty | PairCorr |
The ability to find closely correlated positions to Innovative Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Innovative Industrial 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 Innovative Industrial - 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 Innovative Industrial Properties to buy it.
The correlation of Innovative Industrial 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 Innovative Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innovative Industrial 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 Innovative Industrial 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.Additional Tools for Innovative Stock Analysis
When running Innovative Industrial's price analysis, check to measure Innovative Industrial'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 Innovative Industrial is operating at the current time. Most of Innovative Industrial's value examination focuses on studying past and present price action to predict the probability of Innovative Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovative Industrial's price. Additionally, you may evaluate how the addition of Innovative Industrial to your portfolios can decrease your overall portfolio volatility.