Christian Dover - Gfl Environmental Area Remediation
| GFL Stock | CAD 64.42 0.73 1.12% |
Insider
Christian Dover is Area Remediation of Gfl Environmental Holdings
| Age | 41 |
| Address | 100 New Park Place, Vaughan, ON, Canada, L4K 0H9 |
| Phone | 905 326 0101 |
| Web | https://gflenv.com |
Gfl Environmental Management Efficiency
The company has return on total asset (ROA) of 0.0128 % which means that it generated a profit of $0.0128 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0827) %, meaning that it generated substantial loss on money invested by shareholders. Gfl Environmental's management efficiency ratios could be used to measure how well Gfl Environmental manages its routine affairs as well as how well it operates its assets and liabilities. As of the 12th of December 2024, Return On Tangible Assets is likely to grow to 0. Also, Return On Capital Employed is likely to grow to 0.02. At this time, Gfl Environmental's Return On Assets are very stable compared to the past year.Similar Executives
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Management Performance
| Return On Equity | -0.0827 | ||||
| Return On Asset | 0.0128 |
Gfl Environmental Leadership Team
Elected by the shareholders, the Gfl Environmental's board of directors comprises two types of representatives: Gfl Environmental inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gfl. The board's role is to monitor Gfl Environmental's management team and ensure that shareholders' interests are well served. Gfl Environmental'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, Gfl Environmental's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Craig Orenstein, VicePresident Development | ||
| Julie Boudreau, VicePresident Treasury | ||
| Mindy Gilbert, Executive Officer | ||
| Edward Glavina, Chief Services | ||
| Elizabeth Grahek, Executive Initiatives | ||
| Greg Yorston, Executive Waste | ||
| Patrick Dovigi, Chairman, Founder | ||
| Richard Early, VicePresident Resources | ||
| Luke Pelosi, Executive CFO | ||
| Christian Dover, Area Remediation |
Gfl 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 Gfl Environmental 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 | -0.0827 | ||||
| Return On Asset | 0.0128 | ||||
| Profit Margin | (0.08) % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 35.4 B | ||||
| Shares Outstanding | 381.57 M | ||||
| Shares Owned By Insiders | 2.96 % | ||||
| Shares Owned By Institutions | 81.26 % | ||||
| Number Of Shares Shorted | 2.22 M | ||||
| Price To Book | 3.77 X |
Pair Trading with Gfl Environmental
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 Gfl Environmental 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 Gfl Environmental will appreciate offsetting losses from the drop in the long position's value.Moving against Gfl Stock
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The ability to find closely correlated positions to Gfl Environmental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gfl Environmental 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 Gfl Environmental - 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 Gfl Environmental Holdings to buy it.
The correlation of Gfl Environmental 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 Gfl Environmental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gfl Environmental 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 Gfl Environmental 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gfl Environmental Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.