Wesley LLB - Algoma Central Executive Secretary
ALC Stock | CAD 15.13 0.18 1.20% |
Executive
Wesley LLB is Executive Secretary of Algoma Central
Address | 63 Church Street, Saint Catharines, ON, Canada, L2R 3C4 |
Phone | 905 687 7888 |
Web | https://www.algonet.com |
Algoma Central Management Efficiency
The company has return on total asset (ROA) of 0.0278 % which means that it generated a profit of $0.0278 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0926 %, meaning that it generated $0.0926 on every $100 dollars invested by stockholders. Algoma Central's management efficiency ratios could be used to measure how well Algoma Central manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to grow to 0.06. Also, Return On Capital Employed is likely to grow to 0.12. At this time, Algoma Central's Return On Assets are very stable compared to the past year. As of the 23rd of November 2024, Asset Turnover is likely to grow to 0.74, while Total Assets are likely to drop about 829 M.Similar Executives
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Management Performance
Return On Equity | 0.0926 | ||||
Return On Asset | 0.0278 |
Algoma Central Leadership Team
Elected by the shareholders, the Algoma Central's board of directors comprises two types of representatives: Algoma Central inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Algoma. The board's role is to monitor Algoma Central's management team and ensure that shareholders' interests are well served. Algoma Central'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, Algoma Central's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gregg Ruhl, CEO President | ||
Wesley LLB, Executive Secretary | ||
Thomas Siklos, VP of Real Estate | ||
Cathy Smith, VicePresident Resources | ||
Stephen Wright, Executive Technical | ||
Fredrik Hanson, Vice Admin | ||
Jeffrey PEng, VicePresident Marketing | ||
Steve Wright, Executive Technical | ||
Barton Reynolds, Executive Technical |
Algoma 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 Algoma Central 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 | 0.0926 | ||||
Return On Asset | 0.0278 | ||||
Profit Margin | 0.11 % | ||||
Operating Margin | 0.21 % | ||||
Current Valuation | 998.5 M | ||||
Shares Outstanding | 40.57 M | ||||
Shares Owned By Insiders | 54.60 % | ||||
Shares Owned By Institutions | 16.63 % | ||||
Number Of Shares Shorted | 11.35 K | ||||
Price To Earning | 11.51 X |
Pair Trading with Algoma Central
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 Algoma Central 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 Algoma Central will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Algoma Central could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Algoma Central 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 Algoma Central - 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 Algoma Central to buy it.
The correlation of Algoma Central 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 Algoma Central moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Algoma Central 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 Algoma Central 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.Other Information on Investing in Algoma Stock
Algoma Central financial ratios help investors to determine whether Algoma 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 Algoma with respect to the benefits of owning Algoma Central security.