Bruce Wigle - Automotive Properties Bay Partner
APR-UN Stock | CAD 11.44 0.05 0.44% |
Insider
Bruce Wigle is Bay Partner of Automotive Properties Real
Address | 133 King Street East, Toronto, ON, Canada, M5C 1G6 |
Phone | 647 789 2440 |
Web | https://www.automotivepropertiesreit.ca |
Automotive Properties Management Efficiency
The company has return on total asset (ROA) of 0.0378 % which means that it generated a profit of $0.0378 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1173 %, meaning that it generated $0.1173 on every $100 dollars invested by stockholders. Automotive Properties' management efficiency ratios could be used to measure how well Automotive Properties manages its routine affairs as well as how well it operates its assets and liabilities. At present, Automotive Properties' Return On Tangible Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.04, whereas Return On Capital Employed is forecasted to decline to 0.05. At present, Automotive Properties' Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.05, whereas Total Assets are forecasted to decline to about 745.9 M.Similar Executives
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Management Performance
Return On Equity | 0.12 | ||||
Return On Asset | 0.0378 |
Automotive Properties Leadership Team
Elected by the shareholders, the Automotive Properties' board of directors comprises two types of representatives: Automotive Properties inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Automotive. The board's role is to monitor Automotive Properties' management team and ensure that shareholders' interests are well served. Automotive Properties' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Automotive Properties' outside directors are responsible for providing unbiased perspectives on the board's policies.
Bruce Wigle, Bay Partner | ||
Milton Lamb, CEO President |
Automotive 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 Automotive Properties 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 | 0.12 | ||||
Return On Asset | 0.0378 | ||||
Profit Margin | 0.76 % | ||||
Operating Margin | 0.78 % | ||||
Current Valuation | 1.09 B | ||||
Shares Outstanding | 49.09 M | ||||
Shares Owned By Insiders | 33.12 % | ||||
Shares Owned By Institutions | 2.11 % | ||||
Number Of Shares Shorted | 226.77 K | ||||
Price To Earning | 31.48 X |
Pair Trading with Automotive Properties
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 Automotive Properties 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 Automotive Properties will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Automotive Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Automotive Properties 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 Automotive Properties - 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 Automotive Properties Real to buy it.
The correlation of Automotive Properties 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 Automotive Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Automotive Properties 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 Automotive Properties 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 Automotive Stock
Automotive Properties financial ratios help investors to determine whether Automotive 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 Automotive with respect to the benefits of owning Automotive Properties security.