Joel Fournier - GreenFirst Forest Chief Officer
| GFP Stock | 5.60 0.01 0.18% |
Executive
Joel Fournier is Chief Officer of GreenFirst Forest Products
| Address | 401 The West Mall, Toronto, ON, Canada, M9C 5J5 |
| Phone | 416 775 2800 |
| Web | https://greenfirst.ca |
GreenFirst Forest Management Efficiency
The company has return on total asset (ROA) of (0.0924) % which means that it has lost $0.0924 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2652) %, meaning that it generated substantial loss on money invested by shareholders. GreenFirst Forest's management efficiency ratios could be used to measure how well GreenFirst Forest manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to drop to -0.19. In addition to that, Return On Capital Employed is likely to grow to -0.2. At this time, GreenFirst Forest's Total Assets are very stable compared to the past year. As of the 26th of November 2024, Non Current Assets Total is likely to grow to about 197.7 M, while Other Current Assets are likely to drop about 1.4 M.Similar Executives
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Management Performance
| Return On Equity | -0.27 | ||||
| Return On Asset | -0.0924 |
GreenFirst Forest Leadership Team
Elected by the shareholders, the GreenFirst Forest's board of directors comprises two types of representatives: GreenFirst Forest inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GreenFirst. The board's role is to monitor GreenFirst Forest's management team and ensure that shareholders' interests are well served. GreenFirst Forest'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, GreenFirst Forest's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jaspaul Doman, Executive Director | ||
| Peter Ferrante, Chief Officer | ||
| Joel Fournier, Chief Officer | ||
| Terry Skiffington, Chief Division | ||
| Ankit Kapoor, Interim Officer | ||
| Michel Lessard, President | ||
| Paul Rivett, Executive Chair |
GreenFirst 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 GreenFirst Forest 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 | -0.27 | ||||
| Return On Asset | -0.0924 | ||||
| Profit Margin | (0.12) % | ||||
| Operating Margin | (0.17) % | ||||
| Current Valuation | 142.69 M | ||||
| Shares Outstanding | 18.2 M | ||||
| Shares Owned By Insiders | 32.01 % | ||||
| Shares Owned By Institutions | 44.77 % | ||||
| Number Of Shares Shorted | 10.89 K | ||||
| Price To Book | 0.62 X |
Pair Trading with GreenFirst Forest
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 GreenFirst Forest 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 GreenFirst Forest will appreciate offsetting losses from the drop in the long position's value.Moving together with GreenFirst Stock
| 0.8 | AG | First Majestic Silver | PairCorr |
| 0.73 | IE | Ivanhoe Energy | PairCorr |
| 0.74 | FDY | Faraday Copper Corp | PairCorr |
Moving against GreenFirst Stock
The ability to find closely correlated positions to GreenFirst Forest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GreenFirst Forest 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 GreenFirst Forest - 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 GreenFirst Forest Products to buy it.
The correlation of GreenFirst Forest 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 GreenFirst Forest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GreenFirst Forest 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 GreenFirst Forest 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 GreenFirst Stock
GreenFirst Forest financial ratios help investors to determine whether GreenFirst 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 GreenFirst with respect to the benefits of owning GreenFirst Forest security.