Noah Buchman - Propel Holdings Executive CoFounder
| PRL Stock | 38.52 1.59 4.31% |
Founder
Noah Buchman is Executive CoFounder of Propel Holdings
| Age | 39 |
| Address | 69 Yonge Street, Toronto, ON, Canada, M5E 1K3 |
| Web | https://www.propelholdings.com |
Propel Holdings Management Efficiency
The company has return on total asset (ROA) of 0.1508 % which means that it generated a profit of $0.1508 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3877 %, meaning that it generated $0.3877 on every $100 dollars invested by stockholders. Propel Holdings' management efficiency ratios could be used to measure how well Propel Holdings manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Propel Holdings' Return On Capital Employed is very stable compared to the past year. As of the 29th of November 2024, Return On Equity is likely to grow to 0.34, while Return On Tangible Assets are likely to drop 0.04. At this time, Propel Holdings' Fixed Asset Turnover is very stable compared to the past year. As of the 29th of November 2024, Asset Turnover is likely to grow to 1.19, while Non Current Assets Total are likely to drop about 11.8 M. Propel Holdings (PRL) is traded on Toronto Exchange in Canada and employs 462 people. Propel Holdings is listed under Consumer Finance category by Fama And French industry classification.Management Performance
| Return On Equity | 0.39 | ||||
| Return On Asset | 0.15 |
Propel Holdings Leadership Team
Elected by the shareholders, the Propel Holdings' board of directors comprises two types of representatives: Propel Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Propel. The board's role is to monitor Propel Holdings' management team and ensure that shareholders' interests are well served. Propel Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Propel Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sarika Ahluwalia, Senior Officer | ||
| Jay LLB, General VP | ||
| Cindy Usprech, Vice Culture | ||
| Devon Ghelani, Senior Relations | ||
| Clive Kinross, CEO CoFounder | ||
| Lindsay FinneranGingras, Vice Communications | ||
| Sheldon Saidakovsky, EVP CoFounder | ||
| Bradley Sherk, VP Services | ||
| Jay Vaghela, VP Counsel | ||
| Robert Joe, Senior Finance | ||
| Gary Edelstein, President COO | ||
| Noah Buchman, Executive CoFounder | ||
| Jonathan Goler, CoFounder Officer | ||
| Matthew Wiens, Senior Affairs |
Propel 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 Propel Holdings 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 | 0.39 | ||||
| Return On Asset | 0.15 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 1.56 B | ||||
| Shares Outstanding | 34.4 M | ||||
| Shares Owned By Insiders | 29.70 % | ||||
| Shares Owned By Institutions | 4.29 % | ||||
| Number Of Shares Shorted | 1.64 M | ||||
| Price To Book | 7.37 X |
Pair Trading with Propel Holdings
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 Propel Holdings 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 Propel Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Propel Stock
The ability to find closely correlated positions to Propel Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Propel Holdings 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 Propel Holdings - 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 Propel Holdings to buy it.
The correlation of Propel Holdings 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 Propel Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Propel Holdings 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 Propel Holdings 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 Propel Stock
Propel Holdings financial ratios help investors to determine whether Propel 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 Propel with respect to the benefits of owning Propel Holdings security.