Nolan Reeds - HealWELL Vice Communications

AIDX Stock   0.62  0.01  1.59%   

Executive

Nolan Reeds is Vice Communications of HealWELL AI
Webhttps://www.healwell.ai

HealWELL Management Efficiency

The company has return on total asset (ROA) of (0.1071) % which means that it has lost $0.1071 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.4774) %, meaning that it generated substantial loss on money invested by shareholders. HealWELL's management efficiency ratios could be used to measure how well HealWELL manages its routine affairs as well as how well it operates its assets and liabilities.

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HealWELL AI (AIDX) is traded on Toronto Exchange in Canada and employs 350 people.

Management Performance

HealWELL AI Leadership Team

Elected by the shareholders, the HealWELL's board of directors comprises two types of representatives: HealWELL inside directors who are chosen from within the company, and outside directors, selected externally and held independent of HealWELL. The board's role is to monitor HealWELL's management team and ensure that shareholders' interests are well served. HealWELL'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, HealWELL's outside directors are responsible for providing unbiased perspectives on the board's policies.
Blake Corbet, Senior Development
Madeline Walker, President Medical
Aaron Leibtag, Pentavere CEO
Paulo Gomes, CoChief Officer
Adam Hutton, CoChief Officer
Donald Watts, President Health
Nolan Reeds, Vice Communications
Anthony Lam, Chief Officer
James Lee, Chief Officer
Mark Findlay, Senior Canada
Brad Porter, Chief Officer
Gerald Nirenberski, CFO Secretary
Noah Crampton, CEO Solutions
Sacha Gera, Chief Officer
Alexander Dobranowski, President, Founder

HealWELL 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 HealWELL 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 HealWELL

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

Moving against HealWELL Stock

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The ability to find closely correlated positions to HealWELL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HealWELL 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 HealWELL - 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 HealWELL AI to buy it.
The correlation of HealWELL 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 HealWELL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HealWELL AI 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 HealWELL 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

Other Information on Investing in HealWELL Stock

HealWELL financial ratios help investors to determine whether HealWELL Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in HealWELL with respect to the benefits of owning HealWELL security.