Michael Rolland - Economic Investment Independent Director
| EVT Stock | CAD 140.00 3.50 2.44% |
Director
Mr. J. Michael Rolland serves as an Independent Director of Economic Investment Trust Limited. Mr. Rolland was a director of the Company and a member of its Audit Committee since 2007. Mr. Rolland has an Honours BA degree from the Ivey School of Business at the University of Western Ontario and holds the Chartered Professional Accountant and Chartered Accountant designations. Mr. Rolland is President and Chief Executive Officer of Borealis Infrastructure Management Inc. which invests and manages OMERS infrastructure investments. Mr. Rolland has more than 25 years of business and financial management experience. Mr. Rolland is a member of the Boards of Associated British Ports Holdings Limited, Bruce Power Inc. and Bruce Power A Inc. since 2007.
| Tenure | 17 years |
| Address | Bay Wellington Tower, Brookfield Place, Toronto, ON, Canada, M5J 2T3 |
| Phone | 416-869-3222 |
| Web | https://www.evt.ca |
Economic Investment Management Efficiency
The company has return on total asset (ROA) of 0.0869 % which means that it generated a profit of $0.0869 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1302 %, meaning that it generated $0.1302 on every $100 dollars invested by stockholders. Economic Investment's management efficiency ratios could be used to measure how well Economic Investment manages its routine affairs as well as how well it operates its assets and liabilities. As of the 19th of April 2024, Total Assets is likely to drop to about 1 B. In addition to that, Net Tangible Assets is likely to drop to about 952.3 MEconomic Investment Trust Limited is a closed-ended equity mutual fund launched and managed by Burgundy Asset Management Ltd. Economic Investment Trust Limited was formed in January 28, 1927 and is domiciled in Canada. ECONOMIC INVESTMENT is traded on Toronto Stock Exchange in Canada. Economic Investment Trust (EVT) is traded on Toronto Exchange in Canada and employs 8 people. Economic Investment is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification.Management Performance
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0869 |
Economic Investment Trust Leadership Team
Elected by the shareholders, the Economic Investment's board of directors comprises two types of representatives: Economic Investment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Economic. The board's role is to monitor Economic Investment's management team and ensure that shareholders' interests are well served. Economic Investment'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, Economic Investment's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Frank Glosnek, Treasurer | ||
| Michael Rolland, Independent Director | ||
| Robert Matthews, Independent Director | ||
| Mark Taylor, Director | ||
| Duncan Jackman, Chairman, CEO and Pres | ||
| Richard Carty, Corporate Secretary | ||
| Jack Darville, Independent Director | ||
| R Matthews, Independent Director |
Economic 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 Economic Investment 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 | 0.0869 | ||||
| Profit Margin | 0.85 % | ||||
| Operating Margin | 0.99 % | ||||
| Current Valuation | 746.41 M | ||||
| Shares Outstanding | 5.62 M | ||||
| Shares Owned By Insiders | 79.68 % | ||||
| Shares Owned By Institutions | 1.41 % | ||||
| Price To Earning | 24.08 X | ||||
| Price To Sales | 4.96 X |
Pair Trading with Economic Investment
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 Economic Investment 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 Economic Investment will appreciate offsetting losses from the drop in the long position's value.Moving together with Economic Stock
| 0.61 | ENB-PFC | Enbridge Pref 11 | PairCorr |
The ability to find closely correlated positions to Economic Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Economic Investment 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 Economic Investment - 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 Economic Investment Trust to buy it.
The correlation of Economic Investment 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 Economic Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Economic Investment Trust 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 Economic Investment 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Economic Investment Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Economic Stock analysis
When running Economic Investment's price analysis, check to measure Economic Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Economic Investment is operating at the current time. Most of Economic Investment's value examination focuses on studying past and present price action to predict the probability of Economic Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Economic Investment's price. Additionally, you may evaluate how the addition of Economic Investment to your portfolios can decrease your overall portfolio volatility.
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