Economic Investment Trust Stock Today
| EVT Stock | CAD 140.00 2.00 1.45% |
Performance4 of 100
| Odds Of DistressLess than 9
|
Economic Investment is selling at 140.00 as of the 23rd of April 2024; that is 1.45% increase since the beginning of the trading day. The stock's open price was 138.0. Economic Investment has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Economic Investment Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Energy |
Economic 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.. The company has 5.62 M outstanding shares. More on Economic Investment Trust
Moving together with Economic Stock
| 0.65 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.64 | ENB-PFU | Enbridge Pref L | PairCorr |
Moving against Economic Stock
| 0.69 | AAPL | Apple Inc CDR | PairCorr |
Economic Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Economic Investment's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Economic Investment or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman, CEO and Pres | Duncan Jackman | ||||
| Thematic Ideas | (View all Themes) | ||||
| Business Concentration | Oil, Gas & Consumable Fuels, Energy, Diversified Assets, Investing, Energy, Oil, Gas & Consumable Fuels, Capital Markets, Financial (View all Sectors) | ||||
Economic Investment's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Economic Investment's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Economic Investment's financial leverage. It provides some insight into what part of Economic Investment's total assets is financed by creditors.
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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. The company currently falls under 'Small-Cap' category with a current market capitalization of 774.94 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Economic Investment's market, we take the total number of its shares issued and multiply it by Economic Investment's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Economic Investment Trust operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 5.62 M outstanding shares.
Economic Investment Trust has accumulated about 12.83 M in cash with 23.98 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.61.
Check Economic Investment Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Economic Investment Trust is C$774.94 Million. Economic Investment Trust shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 79.68 percent of Economic Investment Trust outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Economic Ownership Details
Economic Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Economic Investment jumping above the current price in 90 days from now is about 23.26%. The Economic Investment Trust probability density function shows the probability of Economic Investment stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Economic Investment has a beta of 0.0803 suggesting as returns on the market go up, Economic Investment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Economic Investment Trust will be expected to be much smaller as well. Additionally, economic Investment Trust has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Economic Investment to move above the current price in 90 days from now is about 23.26 (This Economic Investment Trust probability density function shows the probability of Economic Stock to fall within a particular range of prices over 90 days) .
Economic Investment Trust Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Economic Investment market risk premium is the additional return an investor will receive from holding Economic Investment long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Economic Investment. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Economic Investment's alpha and beta are two of the key measurements used to evaluate Economic Investment's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4046 | |||
| Semi Deviation | 0.6476 | |||
| Standard Deviation | 0.8015 | |||
| Variance | 0.6424 |
Economic Stock Against Markets
Picking the right benchmark for Economic Investment stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Economic Investment stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Economic Investment is critical whether you are bullish or bearish towards Economic Investment Trust at a given time. Please also check how Economic Investment's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Economic Investment without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Economic Investment Corporate Directors
Economic Investment corporate directors refer to members of an Economic Investment board of directors. The board of directors generally takes responsibility for the Economic Investment's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Economic Investment's board members must vote for the resolution. The Economic Investment board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Michael Rolland | Independent Director | Profile | |
| Robert Matthews | Independent Director | Profile | |
| Mark Taylor | Director | Profile | |
| Jack Darville | Independent Director | Profile |
How to buy Economic Stock?
Before investing in Economic Investment, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Economic Investment. To buy Economic Investment stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Economic Investment. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Economic Investment stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Economic Investment Trust stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Economic Investment Trust stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Economic Investment Trust, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Economic Investment Trust?
The danger of trading Economic Investment Trust is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Economic Investment is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Economic Investment. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Economic Investment Trust is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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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