David Wingfield - Uniteds Independent Director
| UNC Stock | CAD 130.18 1.37 1.04% |
Director
Mr. David R. Wingfield is Independent Director of United Corporationrationrations Ltd., since June 2006. He is President and CEO of Addenda Capital Inc. since 2006.
| Tenure | 18 years |
| Address | 1010 Sherbrooke Street West, Montreal, QC, Canada, H3A 2R7 |
| Phone | 514-842-2727 |
| Web | https://www.ucorp.ca/ucl_gi.htm |
Uniteds Management Efficiency
The company has return on total asset (ROA) of 0.1579 % which means that it generated a profit of $0.1579 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.224 %, meaning that it generated $0.224 on every $100 dollars invested by stockholders. Uniteds' management efficiency ratios could be used to measure how well Uniteds manages its routine affairs as well as how well it operates its assets and liabilities. As of the 27th of November 2024, Return On Tangible Assets is likely to drop to 0.15. In addition to that, Return On Capital Employed is likely to drop to 0.17. As of the 27th of November 2024, Total Assets is likely to drop to about 1.4 B. In addition to that, Other Assets is likely to grow to about (301.9 M)Similar Executives
| Found 6 records | DIRECTOR Age | ||
| Eileen Bermingham | Senvest Capital | N/A | |
| Stephanie Lo | Clairvest Group | N/A | |
| Ronald Assaf | Senvest Capital | N/A | |
| Frank Daniel | Senvest Capital | N/A | |
| David Basner | Senvest Capital | N/A | |
| Jeffrey Jonas | Senvest Capital | N/A | |
Management Performance
| Return On Equity | 0.22 | |||
| Return On Asset | 0.16 |
Uniteds Limited Leadership Team
Elected by the shareholders, the Uniteds' board of directors comprises two types of representatives: Uniteds inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Uniteds. The board's role is to monitor Uniteds' management team and ensure that shareholders' interests are well served. Uniteds' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Uniteds' outside directors are responsible for providing unbiased perspectives on the board's policies.
| David Wingfield, Independent Director | ||
| Frank Glosnek, Treasurer | ||
| Mark Taylor, Independent Director | ||
| Duncan Jackman, Chairman of the Board, President | ||
| Scott Ewert, Vice President | ||
| Christopher Alexander, Independent Director | ||
| Michael White, Independent Director | ||
| Richard Carty, Corporate Secretary | ||
| Kim Shannon, Independent Director | ||
| David Dawson, Independent Director | ||
| Fahad Khan, Director |
Uniteds 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 Uniteds 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 Uniteds
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 Uniteds 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 Uniteds will appreciate offsetting losses from the drop in the long position's value.Moving together with Uniteds Stock
| 0.82 | RY-PS | Royal Bank Earnings Call This Week | PairCorr |
| 0.75 | RY | Royal Bank Earnings Call This Week | PairCorr |
| 0.78 | RY-PM | Royal Bank Earnings Call This Week | PairCorr |
| 0.83 | TD-PFI | Toronto Dominion Bank Earnings Call Next Week | PairCorr |
Moving against Uniteds Stock
| 0.58 | TD | Toronto Dominion Bank Earnings Call Next Week | PairCorr |
The ability to find closely correlated positions to Uniteds could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Uniteds 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 Uniteds - 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 Uniteds Limited to buy it.
The correlation of Uniteds 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 Uniteds moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Uniteds Limited 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 Uniteds 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 Uniteds Stock
Uniteds financial ratios help investors to determine whether Uniteds 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 Uniteds with respect to the benefits of owning Uniteds security.