Jeffrey CFA - IGM Financial Advisor
| IGM Stock | CAD 47.03 0.36 0.76% |
Insider
Jeffrey CFA is Advisor of IGM Financial
| Age | 62 |
| Address | 447 Portage Avenue, Winnipeg, MB, Canada, R3B 3H5 |
| Phone | 204 943 0361 |
| Web | https://www.igmfinancial.com |
IGM Financial Management Efficiency
The company has return on total asset (ROA) of 0.0459 % which means that it generated a profit of $0.0459 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1265 %, meaning that it generated $0.1265 on every $100 dollars invested by stockholders. IGM Financial's management efficiency ratios could be used to measure how well IGM 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 Tangible Assets is likely to grow to 0.12. Also, Return On Capital Employed is likely to grow to 0.14. At this time, IGM Financial's Return On Tangible Assets are very stable compared to the past year. As of the 29th of November 2024, Intangibles To Total Assets is likely to grow to 0.35, while Total Assets are likely to drop about 10.2 B.Similar Executives
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Management Performance
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0459 |
IGM Financial Leadership Team
Elected by the shareholders, the IGM Financial's board of directors comprises two types of representatives: IGM Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of IGM. The board's role is to monitor IGM Financial's management team and ensure that shareholders' interests are well served. IGM 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, IGM Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Cynthia Currie, Chief Human Resource Officer, Executive Vice President | ||
| Christopher Reynolds, Vice-Chairman, President and Chief Executive Officer - Investment Planning Counsel | ||
| Douglas Milne, Executive Vice President Chief Marketing and Strategy Officer | ||
| Herpreet Lamba, Senior Services | ||
| Sharon Hodgson, Independent Director | ||
| Todd Asman, Executive Vice-President, Products and Financial Planning, IG Wealth Management | ||
| Sharon MacLeod, Independent Director | ||
| Tony Elavia, Chief Investment Officer of Mackenzie Investments and Executive Vice-President of Mackenzie Investments | ||
| Gregory Tretiak, Independent Director | ||
| R Orr, Independent Chairman of the Board | ||
| Susan Doniz, Independent Director | ||
| Blaine Shewchuk, Executive Vice President, Chief Strategy & Corporate Development Officer, IGM Financial | ||
| Keith Potter, Executive CFO | ||
| Kristin Ashcroft, Executive Investments | ||
| Andre Desmarais, Independent Director | ||
| Susan McArthur, Independent Director | ||
| Claude Genereux, Independent Director | ||
| Jeffrey CFA, Advisor | ||
| Michael Dibden, Chief Operating Officer | ||
| Beth Wilson, Independent Director | ||
| Claude Paquin, President Quebec | ||
| Rhonda Goldberg, Senior Vice President - Client and Regulatory Affairs | ||
| Gary Doer, Independent Director | ||
| Luke CFA, President Investments | ||
| James OSullivan, CEO President | ||
| Paul Desmarais, Independent Director | ||
| John McCallum, Independent Director | ||
| Marcel Coutu, Independent Director | ||
| Marc Bibeau, Independent Director | ||
| Damon Murchison, Senior Vice President Head of Retail Distribution, Mackenzie Investments | ||
| Nancy McCuaig, Executive COO | ||
| Barry McInerney, President, Chief Executive Officer of Mackenzie Investments | ||
| Kelly Hepher, Executive Officer | ||
| Mark Kinzel, Executive Vice President - Financial Services of Investors Group Inc. | ||
| Luke Gould, Senior Vice-President - Finance and CFO, Investors Group Inc. and Mackenzie Inc. | ||
| Charles McDevitt, Executive Vice President - Strategy Execution Office | ||
| Jeffrey Carney, President, Chief Executive Officer, Director | ||
| Sam Burns, Executive Officer |
IGM 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 IGM 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.
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0459 | |||
| Profit Margin | 0.30 % | |||
| Operating Margin | 0.37 % | |||
| Current Valuation | 18.02 B | |||
| Shares Outstanding | 237.56 M | |||
| Shares Owned By Insiders | 66.48 % | |||
| Shares Owned By Institutions | 7.75 % | |||
| Number Of Shares Shorted | 3.45 M | |||
| Price To Earning | 9.94 X |
Pair Trading with IGM 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 IGM 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 IGM Financial will appreciate offsetting losses from the drop in the long position's value.Moving against IGM Stock
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| 0.71 | CMC | Cielo Waste Solutions | PairCorr |
The ability to find closely correlated positions to IGM 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 IGM 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 IGM 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 IGM Financial to buy it.
The correlation of IGM 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 IGM Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IGM Financial 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 IGM 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.Other Information on Investing in IGM Stock
IGM Financial financial ratios help investors to determine whether IGM 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 IGM with respect to the benefits of owning IGM Financial security.