James Farrar - City Office Chief Executive Officer, Director
| CIO Stock | USD 4.57 0.05 1.08% |
CEO
Mr. James Farrar is Chief Executive Officer, Director of the Company. He joined Second City in October 2009 as a Managing Director. From August 2003, prior to joining Second City, Mr. Farrar served as the Vice President of Ken Fowler Enterprises Limited, a family office with a diversified portfolio concentrated primarily in the real estate and hospitality sectors. At Ken Fowler Enterprises Limited, Mr. Farrar was responsible for leading acquisitions, divestitures and portfolio management. Prior to this, Mr. Farrar was an investment professional with TD Capital, the private equity unit of TD Bank. Mr. Farrar has extensive experience in acquisitions and divestitures and was involved in the acquisition of over 2.0 billion of commercial real estate. Mr. Farrar received a bachelors degree in business administration from Wilfrid Laurier University and is a chartered accountant, a chartered business valuator and a CFA charterholder. Mr. Farrar brings to our Board of Directors extensive executive management experience gained over 20 years of involvement in the private equity, real estate and corporate finance industries. since 2014.
| Age | 45 |
| Tenure | 10 years |
| Professional Marks | CFA |
| Address | Suite 2960, Dallas, TX, United States, 75201-3313 |
| Phone | 604 806 3366 |
| Web | https://www.cioreit.com |
City Office Management Efficiency
The company has Return on Asset of 0.0127 % which means that on every $100 spent on assets, it made $0.0127 of profit. This is way below average. City Office's management efficiency ratios could be used to measure how well City Office manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of April 2024, Return On Tangible Assets is likely to grow to -0.0017. In addition to that, Return On Capital Employed is likely to drop to 0.02. At this time, City Office's Asset Turnover is very stable compared to the past year.Similar Executives
| Found 3 records | CEO Age | ||
| Donald Miller | Piedmont Office Realty | 55 | |
| Christopher Smith | Piedmont Office Realty | 48 | |
| C Smith | Piedmont Office Realty | 45 | |
Management Performance
| Return On Equity | -0.0026 | ||||
| Return On Asset | 0.0127 |
City Office Leadership Team
Elected by the shareholders, the City Office's board of directors comprises two types of representatives: City Office inside directors who are chosen from within the company, and outside directors, selected externally and held independent of City. The board's role is to monitor City Office's management team and ensure that shareholders' interests are well served. City Office'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, City Office's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gregory Tylee, President of City Office Real Estate Management Inc and COO of City Office Real Estate Management Inc | ||
| Ken Pool, Senior Operations | ||
| Jeffrey Kohn, Independent Director | ||
| Anthony CA, Secretary CFO | ||
| John Sweet, Independent Director | ||
| William Flatt, Independent Director | ||
| Samuel Belzberg, Director | ||
| Stephanie Chung, Senior Finance | ||
| Stephen Shraiberg, Independent Director | ||
| Sabah Mirza, Independent Director | ||
| John McLernon, Independent Chairman of the Board | ||
| James Farrar, Chief Executive Officer, Director | ||
| James CFA, CEO Director | ||
| Mark Murski, Independent Director | ||
| Anthony Maretic, Chief Financial Officer, Treasurer, Secretary |
City 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 City Office 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 | -0.0026 | ||||
| Return On Asset | 0.0127 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 949.04 M | ||||
| Shares Outstanding | 40.15 M | ||||
| Shares Owned By Insiders | 3.98 % | ||||
| Shares Owned By Institutions | 68.13 % | ||||
| Number Of Shares Shorted | 384.19 K | ||||
| Price To Earning | 0.99 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards City Office in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, City Office's short interest history, or implied volatility extrapolated from City Office options trading.
Pair Trading with City Office
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 City Office 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 City Office will appreciate offsetting losses from the drop in the long position's value.Moving against City Stock
| 0.53 | AHT-PI | Ashford Hospitality Trust | PairCorr |
| 0.53 | AHT-PF | Ashford Hospitality Trust | PairCorr |
| 0.49 | IRM | Iron Mountain rporated Earnings Call This Week | PairCorr |
| 0.42 | AHT-PG | Ashford Hospitality Trust | PairCorr |
| 0.41 | AHT-PH | Ashford Hospitality Trust | PairCorr |
The ability to find closely correlated positions to City Office could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace City Office 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 City Office - 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 City Office to buy it.
The correlation of City Office 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 City Office moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if City Office 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 City Office 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in City Office. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in City Stock, please use our How to Invest in City Office guide.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 City Stock analysis
When running City Office's price analysis, check to measure City Office'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 City Office is operating at the current time. Most of City Office's value examination focuses on studying past and present price action to predict the probability of City Office's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move City Office's price. Additionally, you may evaluate how the addition of City Office to your portfolios can decrease your overall portfolio volatility.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |
Is City Office's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of City Office. If investors know City will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about City Office listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.52) | Dividend Share 0.5 | Earnings Share (0.25) | Revenue Per Share 4.486 | Quarterly Revenue Growth (0.01) |
The market value of City Office is measured differently than its book value, which is the value of City that is recorded on the company's balance sheet. Investors also form their own opinion of City Office's value that differs from its market value or its book value, called intrinsic value, which is City Office's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because City Office's market value can be influenced by many factors that don't directly affect City Office's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between City Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if City Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, City Office's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.