Alasdair Macleod - GoldMoney Head of Research

XAU Stock  CAD 8.35  0.07  0.85%   

Executive

Mr. Alasdair Macleod is Head of Research of the company. He was a celebrated stockbroker and Member of the London Stock Exchange for over four decades. His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy.
Address 334 Adelaide Street West, Toronto, ON, Canada, M5V 1R4
Phone647-250-7170
Webhttps://www.goldmoney.com

GoldMoney Management Efficiency

The company has return on total asset (ROA) of 0.0796 % which means that it generated a profit of $0.0796 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1546) %, meaning that it generated substantial loss on money invested by shareholders. GoldMoney's management efficiency ratios could be used to measure how well GoldMoney manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Capital Employed is likely to grow to 0.09, while Return On Tangible Assets are likely to drop (0.15). At this time, GoldMoney's Non Current Assets Total are very stable compared to the past year. As of the 28th of November 2024, Non Currrent Assets Other is likely to grow to about 135.8 M, while Total Assets are likely to drop about 3.2 M.
GoldMoney has accumulated 38.84 M in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. GoldMoney has a current ratio of 23.57, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist GoldMoney until it has trouble settling it off, either with new capital or with free cash flow. So, GoldMoney's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like GoldMoney sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GoldMoney to invest in growth at high rates of return. When we think about GoldMoney's use of debt, we should always consider it together with cash and equity.

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Goldmoney Inc. operates as a precious metal focused investment company worldwide. Goldmoney Inc. was founded in 2001 and is headquartered in Toronto, Canada. GOLDMONEY INC operates under Capital Markets classification in Canada and is traded on Toronto Stock Exchange. It employs 77 people. GoldMoney (XAU) is traded on Toronto Exchange in Canada and employs 27 people. GoldMoney is listed under Investment Banking & Brokerage category by Fama And French industry classification.

Management Performance

GoldMoney Leadership Team

Elected by the shareholders, the GoldMoney's board of directors comprises two types of representatives: GoldMoney inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GoldMoney. The board's role is to monitor GoldMoney's management team and ensure that shareholders' interests are well served. GoldMoney'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, GoldMoney's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mike Busby, Chief Officer
Sean CGA, Chief Officer
Serge Prostran, Compliance Manager
Stefan Wieler, Vice President - Goldmoney Insights
James BA, Founder Director
CAIA CFA, VP Director
Roy Sebag, President, Chief Executive Officer, Founder, Director
James Turk, Lead Independent Director
Andres Finkielsztain, Independent Director
Mahendra Naik, Independent Director
Steve Fray, Chief Financial Officer
Paul Mennega, Chief Operating Officer
Alasdair Macleod, Head of Research
Mark CFA, Chief Officer
Alessandro Premoli, Chief Technology Officer
Renee Wei, Director Communications

GoldMoney 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 GoldMoney 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 GoldMoney

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 GoldMoney 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 GoldMoney will appreciate offsetting losses from the drop in the long position's value.

Moving against GoldMoney Stock

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The ability to find closely correlated positions to GoldMoney could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GoldMoney 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 GoldMoney - 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 GoldMoney to buy it.
The correlation of GoldMoney 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 GoldMoney moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GoldMoney 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 GoldMoney 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in GoldMoney Stock

GoldMoney financial ratios help investors to determine whether GoldMoney 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 GoldMoney with respect to the benefits of owning GoldMoney security.