Cameron Groome - IFabric Corp Independent Director
| IFA Stock | CAD 1.06 0.04 3.64% |
Director
Cameron Groome is Independent Director of iFabric Corp since 2020.
| Tenure | 4 years |
| Address | 525 Denison Street, Markham, ON, Canada, L3R 1B8 |
| Phone | 905 752 0566 |
| Web | https://www.ifabriccorp.com |
IFabric Corp Management Efficiency
The company has return on total asset (ROA) of 0.0161 % which means that it generated a profit of $0.0161 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0257 %, meaning that it generated $0.0257 on every $100 dollars invested by stockholders. IFabric Corp's management efficiency ratios could be used to measure how well IFabric Corp manages its routine affairs as well as how well it operates its assets and liabilities. At this time, IFabric Corp's Return On Capital Employed is very stable compared to the past year. As of the 12th of December 2024, Return On Equity is likely to grow to 0.59, though Return On Tangible Assets are likely to grow to (52.16). At this time, IFabric Corp's Debt To Assets are very stable compared to the past year.Similar Executives
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Management Performance
| Return On Equity | 0.0257 | ||||
| Return On Asset | 0.0161 |
iFabric Corp Leadership Team
Elected by the shareholders, the IFabric Corp's board of directors comprises two types of representatives: IFabric Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of IFabric. The board's role is to monitor IFabric Corp's management team and ensure that shareholders' interests are well served. IFabric Corp'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, IFabric Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Cochran, Independent Chairman of the Board | ||
| Cameron Groome, Independent Director | ||
| Mark Greenspan, Independent Director | ||
| Jason Garay, Director | ||
| Hylton Karon, President, Chief Executive Officer, Director | ||
| Hilton Price, Chief Financial Officer, Corporate Secretary and Director | ||
| Giancarlo Beevis, President and CEO of Intelligent Fabric Technologies (North America) Inc, Director |
IFabric 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 IFabric Corp 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 | 0.0257 | ||||
| Return On Asset | 0.0161 | ||||
| Profit Margin | (0.07) % | ||||
| Operating Margin | (0.04) % | ||||
| Current Valuation | 29.29 M | ||||
| Shares Outstanding | 30.3 M | ||||
| Shares Owned By Insiders | 66.41 % | ||||
| Shares Owned By Institutions | 0.67 % | ||||
| Number Of Shares Shorted | 6.42 K | ||||
| Price To Earning | 21.15 X |
Pair Trading with IFabric Corp
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 IFabric Corp 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 IFabric Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to IFabric Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IFabric Corp 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 IFabric Corp - 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 iFabric Corp to buy it.
The correlation of IFabric Corp 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 IFabric Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iFabric Corp 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 IFabric Corp 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 IFabric Stock
IFabric Corp financial ratios help investors to determine whether IFabric 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 IFabric with respect to the benefits of owning IFabric Corp security.