Robert Sandler - Accord Financial Independent Director

ACD Stock  CAD 4.47  0.06  1.32%   

Director

Mr. Robert Stephen Sandler is Independent Director of Accord Financial Corporationration Mr. Sandler was a business and financial consultant since 2002. From 1978 to 2001, Mr. Sandler served as Executive Vice President of HSBC Business Credit . Mr. Sandler is a past chairman of the Commercial Finance Association, an industry trade group in North America. Mr. Sandler holds a B.S. from Wharton School at the University of Pennsylvania and attended the Graduate School of Business at Columbia University. Mr. Sandler was a director of Accord since October 26, 2010 and is a member of the Companys Credit Committee. since 2010.
Tenure 14 years
Address 40 Eglinton Avenue East, Toronto, ON, Canada, M4P 3A2
Phone800-967-0015
Webhttps://www.accordfinancial.com

Accord Financial Management Efficiency

The company has return on total asset (ROA) of (0.0306) % which means that it has lost $0.0306 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1577) %, meaning that it generated substantial loss on money invested by shareholders. Accord Financial's management efficiency ratios could be used to measure how well Accord Financial manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of April 2024, Return On Tangible Assets is likely to grow to -0.03. In addition to that, Return On Capital Employed is likely to drop to 0.33. At this time, Accord Financial's Total Assets are very stable compared to the past year. As of the 30th of April 2024, Non Current Assets Total is likely to grow to about 20.4 M, while Other Current Assets are likely to drop about 7.4 M.
The company has accumulated 371.78 M in total debt with debt to equity ratio (D/E) of 2.54, implying the company greatly relies on financing operations through barrowing. Accord Financial Corp has a current ratio of 1.49, which is within standard range for the sector. Debt can assist Accord Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Accord Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Accord Financial Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Accord to invest in growth at high rates of return. When we think about Accord Financial's use of debt, we should always consider it together with cash and equity.

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Accord Financial Corp., through its subsidiaries, provides asset-based financial services to industrial and commercial enterprises primarily in Canada and the United States. Accord Financial Corp. was founded in 1978 and is headquartered in Toronto, Canada. ACCORD FINANCIAL operates under Credit Services classification in Canada and is traded on Toronto Stock Exchange. It employs 106 people. Accord Financial Corp (ACD) is traded on Toronto Exchange in Canada and employs 23 people. Accord Financial is listed under Consumer Finance category by Fama And French industry classification.

Management Performance

Accord Financial Corp Leadership Team

Elected by the shareholders, the Accord Financial's board of directors comprises two types of representatives: Accord Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Accord. The board's role is to monitor Accord Financial's management team and ensure that shareholders' interests are well served. Accord Financial'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, Accord Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Struart Adair, Chief Financial Officer, Senior Vice President, Treasurer
Jim Bates, Secretary; Chief Operating Officer of Accord Financial Ltd.
Stikeman Elliott, Legal Counsel
Terry Keating, Pres Fin
Fred Moss, Vice-Pres and President of Accord Financial Inc
Jim Hogan, Accord Finance
Stephen Warden, Independent Director
Jason Rosenfeld, President Inc
Robert Sandler, Independent Director
Thomas Henderson, CEO and President Director and President of Accord Financial Inc
James Jang, President Finance
Irene Eddy, Senior CFO
Cathy Osborne, Senior Resources
Karim Habib, Managing Canada
Joey Grossman, Senior Finance
Todd Eubanks, Senior Risk
Cynthia Aboud, Senior Finance
David Beutel, Independent Director
Simon Hitzig, VP and President of Accord Financial Ltd and President of Varion Capital Corp
Matthew Panosian, Senior Finance
Ken Hitzig, Founder, Executive Chairman and Member of Compensation Committee
John Swidler, Independent Director
Jeffry Pfeffer, Pres Fin

Accord 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 Accord Financial 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.

Pair Trading with Accord Financial

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 Accord Financial 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 Accord Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against Accord Stock

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The ability to find closely correlated positions to Accord Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Accord Financial 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 Accord Financial - 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 Accord Financial Corp to buy it.
The correlation of Accord Financial 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 Accord Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Accord Financial Corp 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 Accord Financial 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.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Accord Financial Corp. 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.
Note that the Accord Financial Corp information on this page should be used as a complementary analysis to other Accord Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Accord Stock analysis

When running Accord Financial's price analysis, check to measure Accord Financial'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 Accord Financial is operating at the current time. Most of Accord Financial's value examination focuses on studying past and present price action to predict the probability of Accord Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accord Financial's price. Additionally, you may evaluate how the addition of Accord Financial to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Accord Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Accord Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Accord Financial'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.