CPA CPA - CI Financial Ex CFO

CIX Stock  CAD 31.01  0.06  0.19%   

Insider

CPA CPA is Ex CFO of CI Financial Corp
Age 55
Address 15 York Street,, Toronto, ON, Canada, M5J 0A3
Phone416-364-1145
Webhttps://www.cifinancial.com

CI Financial Management Efficiency

The company has return on total asset (ROA) of 0.0487 % which means that it generated a profit of $0.0487 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0448) %, meaning that it generated substantial loss on money invested by shareholders. CI Financial's management efficiency ratios could be used to measure how well CI Financial manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Capital Employed is likely to grow to 0.32, while Return On Tangible Assets are likely to drop 0. At this time, CI Financial's Other Assets are very stable compared to the past year. As of the 29th of November 2024, Debt To Assets is likely to grow to 0.52, though Net Tangible Assets are likely to grow to (4.8 B).
CI Financial Corp has accumulated 3.81 B in total debt with debt to equity ratio (D/E) of 1.33, which is about average as compared to similar companies. CI Financial Corp has a current ratio of 1.0, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist CI Financial until it has trouble settling it off, either with new capital or with free cash flow. So, CI Financial'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 CI Financial Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CIX to invest in growth at high rates of return. When we think about CI Financial's use of debt, we should always consider it together with cash and equity.

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CI Financial Corp. is a publicly owned asset management holding company. The firm was founded in 1965 and is based in Toronto, Canada with additional offices in Vancouver, Canada Calgary, Canada and Montreal, Canada. CI FINANCIAL operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange. It employs 1793 people. CI Financial Corp (CIX) is traded on Toronto Exchange in Canada and employs 30 people. CI Financial is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

CI Financial Corp Leadership Team

Elected by the shareholders, the CI Financial's board of directors comprises two types of representatives: CI Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CIX. The board's role is to monitor CI Financial's management team and ensure that shareholders' interests are well served. CI Financial'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, CI Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Christopher Enright, EVP Wealth
Lorraine Blair, Executive Vice President Chief Talent Officer
Neal Kerr, Senior Vice President - Institutional & Investment Management of CI Investments Inc.
Steven Donald, President of Assante Wealth Management (Canada) Ltd.
Rohit Mehta, Executive Vice President
Sheila Murray, President, General Counsel and Secretary
William Butt, Independent Director
Paul Perrow, Independent Director
Brigette ChangAddorisio, Independent Director
Roy Ratnavel, Executive Vice President Head of Sales
Darie Urbanky, Chief Operating Officer, Executive Vice President
Douglas Jamieson, Chief Financial Officer, Executive Vice President
Manisha Burman, Executive Officer
Amit CPA, Executive CFO
Amarjit Anderson, Chief Officer
Peter Anderson, President, Chief Executive Officer, Director
Kurt MacAlpine, Chief Executive Officer, Director
CPA CPA, Ex CFO
LLB BA, Executive Officer
MarcAndr Lewis, Chief VP
Thomas Muir, Lead Independent Director
William Holland, Executive Chairman of the Board
MarcAndre Lewis, Ex Management
David Miller, Independent Director
Sean Etherington, EVP Wealth
Jason CFA, Vice Strategy
Bradley Howard, Corporate Secretary
Murray Oxby, Vice Communications
Edward Kelterborn, Chief Legal Officer
Julie Silcox, Executive Officer

CIX 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 CI Financial 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 CI Financial

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 CI Financial 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 CI Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against CIX Stock

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

CI Financial financial ratios help investors to determine whether CIX 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 CIX with respect to the benefits of owning CI Financial security.