Michael Wagman - Clairvest President Managing Director, Director
| CVG Stock | CAD 69.54 0.04 0.06% |
President
Mr. Michael A. Wagman is President, Managing Director, Director of the Company effective January 1, 2018. Michael, who joined Clairvest in 1998, has more than 17 years of experience as a private equity investor. He participates in all areas of the investment process. Previously, Michael worked at BMO Nesbitt Burns Equity Partners Inc., a private equity vehicle established jointly by the Bank of Montreal and Nesbitt Burns. He began his career at Nesbitt Burns in investment banking, focusing on both corporate finance and mergers and acquisitions. Michael earned his H.B.A. with distinction from the Richard Ivey School of Business and is a CFA Charter holder. since 2018.
| Age | 52 |
| Tenure | 6 years |
| Professional Marks | CFA |
| Address | 22 St. Clair Avenue East, Toronto, ON, Canada, M4T 2S3 |
| Phone | 416-925-9270 |
| Web | https://www.clairvest.com |
Clairvest Management Efficiency
As of the 19th of December 2024, Return On Tangible Assets is likely to grow to -0.0024. In addition to that, Return On Capital Employed is likely to drop to 0.000047. At this time, Clairvest's Total Assets are very stable compared to the past year. As of the 19th of December 2024, Non Current Assets Total is likely to grow to about 1.1 B, though Non Currrent Assets Other are likely to grow to (951.1 M). Clairvest's management efficiency ratios could be used to measure how well Clairvest manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 9.0E-4 | ||||
| Return On Asset | 0.0017 |
Clairvest Group Leadership Team
Elected by the shareholders, the Clairvest's board of directors comprises two types of representatives: Clairvest inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Clairvest. The board's role is to monitor Clairvest's management team and ensure that shareholders' interests are well served. Clairvest'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, Clairvest's outside directors are responsible for providing unbiased perspectives on the board's policies.
| James Miller, General Counsel and Corporate Secretary | ||
| Sebastien Dhonte, Managing Director | ||
| Michael Wagman, President Managing Director, Director | ||
| CFA CFA, Chief Partner | ||
| Kenneth Rotman, Co-CEO, Managing Director, Director, Co-CEO of Clairvest GP Manageco Inc and Director of Clairvest GP Manageco Inc | ||
| Daniel CFA, Chief Partner | ||
| Mitchell Green, Managing Director | ||
| Stephanie Lo, Director Marketing | ||
| Jeffrey Parr, Co-CEO, Managing Director and Director | ||
| Robert Isenberg, Managing Director | ||
| Michael Castellarin, Managing Director |
Clairvest 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 Clairvest 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 Clairvest
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 Clairvest 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 Clairvest will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Clairvest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clairvest 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 Clairvest - 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 Clairvest Group to buy it.
The correlation of Clairvest 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 Clairvest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clairvest Group 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 Clairvest 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 Clairvest Stock
Clairvest financial ratios help investors to determine whether Clairvest 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 Clairvest with respect to the benefits of owning Clairvest security.