Kirstin McTaggart - Sprott Physical Executive
| PHYS Stock | CAD 28.92 0.06 0.21% |
Executive
Ms. Kirstin H. McTaggart is Chief Compliance Officer of Sprott Asset Management LP, the Manager of Sprott Physical Gold Trust. Ms. McTaggart joined the Manager in April 2003 as a compliance officer and became the Chief Compliance Officer in April 2007. Ms. McTaggart currently also serves as the Corporationrationrate Secretary of the general partner of the Manager, Sprott Inc., Sprott Private LP and Sprott Private GP Inc since 2007.
| Age | 57 |
| Tenure | 17 years |
| Address | 200 Bay Street, Toronto, ON, Canada, M5J 2J1 |
| Phone | 416 943 8099 |
| Web | https://sprott.com/investment-strategies/physical- |
Similar Executives
| Showing other executives | EXECUTIVE Age | ||
| Russ Grandinetti | Amazon CDR | N/A | |
| Richard Gnodde | GOLDMAN SACHS CDR | 64 | |
| Carey Halio | GOLDMAN SACHS CDR | N/A | |
| Alastair Borthwick | Bank of America | 55 | |
| Ellen West | Alphabet Inc CDR | N/A | |
| Jacqueline Arthur | GOLDMAN SACHS CDR | N/A | |
| Prabhakar Raghavan | Alphabet Inc CDR | 63 | |
| Denis III | GOLDMAN SACHS CDR | 50 | |
| Sam Morgan | GOLDMAN SACHS CDR | N/A | |
| Anne Robinson | International Business Machines | N/A | |
| Kareem Yusuf | International Business Machines | 51 | |
| Mike Lister | JPMorgan Chase Co | N/A | |
| Kelly Chambliss | International Business Machines | 53 | |
| Michael Guptan | Walmart Inc CDR | N/A | |
| Brett Iversen | Microsoft Corp CDR | N/A | |
| Nataraj Nagaratnam | International Business Machines | N/A | |
| Atte Lahtiranta | GOLDMAN SACHS CDR | N/A | |
| Rachel Brand | Walmart Inc CDR | 49 | |
| Brett Biggs | Walmart Inc CDR | 56 | |
| Michael Pille | Berkshire Hathaway CDR | N/A | |
| Anton Ulmer | JPMorgan Chase Co | N/A | |
Sprott Physical Gold Leadership Team
Elected by the shareholders, the Sprott Physical's board of directors comprises two types of representatives: Sprott Physical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sprott. The board's role is to monitor Sprott Physical's management team and ensure that shareholders' interests are well served. Sprott Physical'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, Sprott Physical's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Scott CFA, Co LP | ||
| John Wilson, CoChief CEO | ||
| James Fox, President of Sprott Asset Management LP | ||
| Kirstin McTaggart, Chief Compliance Officer of Sprott Asset Management LP |
Sprott 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 Sprott Physical 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.
| Shares Outstanding | 397.02 M | ||||
| Shares Owned By Institutions | 26.87 % | ||||
| Number Of Shares Shorted | 26.99 K | ||||
| Price To Book | 0.98 X | ||||
| Price To Sales | 3.41 X | ||||
| Revenue | 727.25 M | ||||
| EBITDA | 723.52 M | ||||
| Net Income | 723.52 M | ||||
| Total Debt | 126 K | ||||
| Cash Flow From Operations | (24.57 M) |
Pair Trading with Sprott Physical
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 Sprott Physical 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 Sprott Physical will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Sprott Physical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sprott Physical 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 Sprott Physical - 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 Sprott Physical Gold to buy it.
The correlation of Sprott Physical 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 Sprott Physical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sprott Physical Gold 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 Sprott Physical 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Sprott Physical Gold. 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.