Stephen Finch - Canadian Life Portfolio Manager

LFE Stock  CAD 5.93  0.03  0.50%   

Executive

Stephen Finch is Portfolio Manager of Canadian Life Companies
Address 200 Front Street West, Toronto, ON, Canada, M5V 3K2
Phone416-304-4440
Webhttps://www.quadravest.com/#!lifesplit-home/cuny

Canadian Life Management Efficiency

The company has return on total asset (ROA) of 0.1872 % which means that it generated a profit of $0.1872 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.6753 %, meaning that it generated $0.6753 on every $100 dollars invested by stockholders. Canadian Life's management efficiency ratios could be used to measure how well Canadian Life manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Canadian Life's Return On Tangible Assets are very stable compared to the past year. As of the 22nd of March 2025, Return On Assets is likely to grow to 0.07, while Return On Capital Employed is likely to drop 0.12. At this time, Canadian Life's Total Assets are very stable compared to the past year. As of the 22nd of March 2025, Non Current Assets Total is likely to grow to about 150 M, while Non Currrent Assets Other are likely to drop (190 M).
Canadian Life Companies has accumulated 116.24 M in total debt with debt to equity ratio (D/E) of 281.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Canadian Life Companies has a current ratio of 1.32, which is within standard range for the sector. Debt can assist Canadian Life until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Life'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 Canadian Life Companies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian Life's use of debt, we should always consider it together with cash and equity.

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CFA BABrompton Lifeco Split
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Jason GoletzBrompton Lifeco Split
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Canadian Life Companies Split Corp. is a closed-ended equity mutual fund launched and managed by Quadravest Capital Management Inc. Canadian Life Companies Split Corp. was formed on April 18, 2005 and is domiciled in Canada. CANADIAN LIFE operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange. Canadian Life Companies (LFE) is traded on Toronto Exchange in Canada and employs 1 people. Canadian Life is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Canadian 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 Canadian Life 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 Canadian Life

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

Moving against Canadian Stock

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

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