Stephen Finch - Financial President, Chairman
| FTN Etf | CAD 8.66 0.06 0.69% |
| Phone | 416-304-4440 |
| Web | https://www.quadravest.com/#!financial15-home/cs0n |
Financial Management Efficiency
The company has return on total asset (ROA) of (0.02) % which means that it has lost $0.02 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1842) %, meaning that it generated substantial loss on money invested by shareholders. Financial's management efficiency ratios could be used to measure how well Financial manages its routine affairs as well as how well it operates its assets and liabilities.Similar Fund Executives
| Found 6 records | One Year Return | ||
| CA CFA | Life Banc Split | N/A | |
| Michael Clare | Life Banc Split | N/A | |
| Christopher Hoffmann | Life Banc Split | N/A | |
| BASc CFA | Dividend Growth Split | N/A | |
| CA CFA | Dividend Growth Split | N/A | |
| BASc CFA | Life Banc Split | N/A | |
Management Performance
| Return On Equity | -0.18 | |||
| Return On Asset | -0.02 |
Financial 15 Split Money Managers
| Stephen Finch, President, Chairman |
Financial Etf Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right etf is not an easy task. Is Financial 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 | -0.18 | |||
| Return On Asset | -0.02 | |||
| Operating Margin | 1.08 % | |||
| Current Valuation | 32.4 M | |||
| Shares Outstanding | 40.17 M | |||
| Number Of Shares Shorted | 169.88 K | |||
| Price To Earning | 2.02 X | |||
| Price To Book | 1.00 X | |||
| Price To Sales | 156.26 X | |||
| Revenue | (2.58 M) |
Pair Trading with Financial
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 Financial 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 Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Financial Etf
| 0.67 | EIT-UN | Canoe EIT Income | PairCorr |
| 0.63 | ETC | Evolve Cryptocurrencies | PairCorr |
| 0.81 | BNC | Purpose Canadian Fin | PairCorr |
Moving against Financial Etf
The ability to find closely correlated positions to Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Financial 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 Financial - 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 Financial 15 Split to buy it.
The correlation of Financial 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 Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Financial 15 Split 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 Financial 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 Financial Etf
Financial financial ratios help investors to determine whether Financial Etf 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 Financial with respect to the benefits of owning Financial security.