Allan Klein - MCAN Mortgage Chief Corporation
| MKP Stock | CAD 19.69 0.13 0.66% |
Executive
Allan Klein is Chief Corporation of MCAN Mortgage
| Age | 61 |
| Address | 200 King Street West, Toronto, ON, Canada, M5H 3T4 |
| Phone | 416 572 4880 |
| Web | https://www.mcanmortgage.com |
MCAN Mortgage Management Efficiency
The company has return on total asset (ROA) of 0.0184 % which means that it generated a profit of $0.0184 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1589 %, meaning that it generated $0.1589 on every $100 dollars invested by stockholders. MCAN Mortgage's management efficiency ratios could be used to measure how well MCAN Mortgage manages its routine affairs as well as how well it operates its assets and liabilities. At this time, MCAN Mortgage's Return On Tangible Assets are very stable compared to the past year. As of the 30th of November 2024, Return On Assets is likely to grow to 0.02, while Return On Capital Employed is likely to drop 0.02. At this time, MCAN Mortgage's Total Assets are very stable compared to the past year. As of the 30th of November 2024, Non Current Assets Total is likely to grow to about 5.2 B, though Other Assets are likely to grow to (263.1 M).Similar Executives
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Management Performance
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0184 |
MCAN Mortgage Leadership Team
Elected by the shareholders, the MCAN Mortgage's board of directors comprises two types of representatives: MCAN Mortgage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MCAN. The board's role is to monitor MCAN Mortgage's management team and ensure that shareholders' interests are well served. MCAN Mortgage'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, MCAN Mortgage's outside directors are responsible for providing unbiased perspectives on the board's policies.
| ICDD CPA, CEO Pres | ||
| Avish Buck, Senior COO | ||
| Santokh Birk, Chief Officer | ||
| Michelle Liotta, Vice Resources | ||
| Nazeera Khan, VP Officer | ||
| Milica Pejic, VP Officer | ||
| Peter Ryan, Interim Officer | ||
| Dale Klein, Chief Corporation | ||
| Carl Brown, Senior Development | ||
| Allan Klein, Chief Corporation | ||
| Michael Jensen, VP Officer | ||
| BSc CA, CEO President | ||
| Justin Silva, VP Treasurer | ||
| Sylvia Pinto, Corporate Secretary, Chief Compliance Officer | ||
| Aaron Corr, VP Officer | ||
| Eugene Basolini, Pres Inc |
MCAN 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 MCAN Mortgage 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 | 0.16 | ||||
| Return On Asset | 0.0184 | ||||
| Profit Margin | 0.64 % | ||||
| Operating Margin | 0.69 % | ||||
| Current Valuation | 2.95 B | ||||
| Shares Outstanding | 38.46 M | ||||
| Shares Owned By Insiders | 15.30 % | ||||
| Shares Owned By Institutions | 0.47 % | ||||
| Number Of Shares Shorted | 827.79 K | ||||
| Price To Earning | 9.97 X |
Pair Trading with MCAN Mortgage
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 MCAN Mortgage 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 MCAN Mortgage will appreciate offsetting losses from the drop in the long position's value.Moving together with MCAN Stock
Moving against MCAN Stock
| 0.62 | AQN | Algonquin Power Utilities | PairCorr |
| 0.48 | TD | Toronto Dominion Bank Earnings Call This Week | PairCorr |
| 0.45 | T | Telus Corp | PairCorr |
The ability to find closely correlated positions to MCAN Mortgage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MCAN Mortgage 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 MCAN Mortgage - 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 MCAN Mortgage to buy it.
The correlation of MCAN Mortgage 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 MCAN Mortgage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MCAN Mortgage 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 MCAN Mortgage 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 MCAN Stock
MCAN Mortgage financial ratios help investors to determine whether MCAN 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 MCAN with respect to the benefits of owning MCAN Mortgage security.