CFA CFA - Premium Income Chief Chairman
| PIC-A Stock | CAD 6.00 0.10 1.64% |
Insider
CFA CFA is Chief Chairman of Premium Income
| Age | 74 |
| Address | 121 King Street West,, Toronto, ON, Canada, M5H 3T9 |
| Phone | 416-681-3966 |
| Web | https://www.strathbridge.com/overview.aspx?fund_id |
Premium Income Management Efficiency
The company has return on total asset (ROA) of 0.0382 % which means that it generated a profit of $0.0382 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0793 %, meaning that it generated $0.0793 on every $100 dollars invested by stockholders. Premium Income's management efficiency ratios could be used to measure how well Premium Income manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.21 in 2024. Return On Capital Employed is likely to gain to -4.97 in 2024. Total Current Liabilities is likely to gain to about 277.8 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 206.1 M in 2024.Similar Executives
| Found 6 records | INSIDER Age | ||
| Michael Clare | Life Banc Split | N/A | |
| BASc CFA | Brompton Split Banc | N/A | |
| BASc CFA | Life Banc Split | N/A | |
| CA CFA | Brompton Split Banc | N/A | |
| CA CFA | Life Banc Split | N/A | |
| Christopher Hoffmann | Life Banc Split | N/A | |
Management Performance
| Return On Equity | 0.0793 | ||||
| Return On Asset | 0.0382 |
Premium 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 Premium Income 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 | 0.0793 | ||||
| Return On Asset | 0.0382 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.96 % | ||||
| Current Valuation | 48.3 M | ||||
| Shares Outstanding | 12.99 M | ||||
| Number Of Shares Shorted | 33.42 K | ||||
| Price To Earning | 13.42 X | ||||
| Price To Book | 1.65 X | ||||
| Price To Sales | 3.76 X |
Pair Trading with Premium Income
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 Premium Income 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 Premium Income will appreciate offsetting losses from the drop in the long position's value.Moving against Premium Stock
| 0.56 | AMZN | Amazon CDR | PairCorr |
| 0.55 | JPM | JPMorgan Chase | PairCorr |
| 0.54 | TSLA | Tesla Inc CDR | PairCorr |
| 0.5 | AAPL | Apple Inc CDR | PairCorr |
| 0.49 | GOOG | Alphabet CDR | PairCorr |
The ability to find closely correlated positions to Premium Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Premium Income 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 Premium Income - 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 Premium Income to buy it.
The correlation of Premium Income 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 Premium Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Premium Income 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 Premium Income 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.Additional Tools for Premium Stock Analysis
When running Premium Income's price analysis, check to measure Premium Income's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Premium Income is operating at the current time. Most of Premium Income's value examination focuses on studying past and present price action to predict the probability of Premium Income's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premium Income's price. Additionally, you may evaluate how the addition of Premium Income to your portfolios can decrease your overall portfolio volatility.