Max ACA - Great Western Director Director
| 8GW Stock | EUR 0 0.00 0.00% |
Director
Max ACA is Director Director of Great Western Mining
| Age | 59 |
| Web | https://www.greatwesternmining.com |
Great Western Management Efficiency
The company has return on total asset (ROA) of (0.0364) % which means that it has lost $0.0364 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0622) %, meaning that it generated substantial loss on money invested by shareholders. Great Western's management efficiency ratios could be used to measure how well Great Western manages its routine affairs as well as how well it operates its assets and liabilities. Great Western Mining (8GW) is traded on Irish Exchange in Ireland and employs 8 people.Management Performance
| Return On Equity | -0.0622 | |||
| Return On Asset | -0.0364 |
Great Western Mining Leadership Team
Elected by the shareholders, the Great Western's board of directors comprises two types of representatives: Great Western inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Great. The board's role is to monitor Great Western's management team and ensure that shareholders' interests are well served. Great Western'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, Great Western's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Max ACA, Director Director | ||
| Brian FCA, Ex Chairman | ||
| James Blight, Exploration Mang | ||
| Tom Molyneux, Geological Consultant | ||
| Robert OConnell, Operations Director |
Great 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 Great Western 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 | -0.0622 | |||
| Return On Asset | -0.0364 | |||
| Current Valuation | 3.62 M | |||
| Shares Outstanding | 4.58 B | |||
| Shares Owned By Insiders | 14.03 % | |||
| Price To Book | 0.78 X | |||
| EBITDA | (536.18 K) | |||
| Net Income | (535.96 K) | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (810.87 K) |
Pair Trading with Great Western
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 Great Western 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 Great Western will appreciate offsetting losses from the drop in the long position's value.Moving together with Great Stock
Moving against Great Stock
| 0.83 | UPR | Uniphar Group PLC | PairCorr |
| 0.64 | KRX | Kingspan Group plc | PairCorr |
| 0.4 | EG7 | FBD Holdings PLC | PairCorr |
The ability to find closely correlated positions to Great Western could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Great Western 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 Great Western - 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 Great Western Mining to buy it.
The correlation of Great Western 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 Great Western moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Great Western Mining 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 Great Western 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.Additional Tools for Great Stock Analysis
When running Great Western's price analysis, check to measure Great Western'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 Great Western is operating at the current time. Most of Great Western's value examination focuses on studying past and present price action to predict the probability of Great Western's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Western's price. Additionally, you may evaluate how the addition of Great Western to your portfolios can decrease your overall portfolio volatility.