Warren Orban - Topaz Energy Business Manager
| TPZ Stock | CAD 27.81 1.17 4.04% |
Executive
Warren Orban is Business Manager of Topaz Energy Corp
| Address | 250 6th Avenue SW, Calgary, AB, Canada, T2P 3H7 |
| Phone | 587 747 4830 |
| Web | https://topazenergy.ca |
Topaz Energy Management Efficiency
The company has return on total asset (ROA) of 0.0445 % which means that it generated a profit of $0.0445 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.051 %, meaning that it generated $0.051 on every $100 dollars invested by stockholders. Topaz Energy's management efficiency ratios could be used to measure how well Topaz Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 27th of November 2024, Return On Tangible Assets is likely to drop to 0.02. In addition to that, Return On Capital Employed is likely to grow to -0.06. At this time, Topaz Energy's Other Assets are very stable compared to the past year. As of the 27th of November 2024, Total Current Assets is likely to grow to about 73.7 M, while Net Tangible Assets are likely to drop about 861.4 M.Similar Executives
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Management Performance
| Return On Equity | 0.051 | ||||
| Return On Asset | 0.0445 |
Topaz Energy Corp Leadership Team
Elected by the shareholders, the Topaz Energy's board of directors comprises two types of representatives: Topaz Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Topaz. The board's role is to monitor Topaz Energy's management team and ensure that shareholders' interests are well served. Topaz Energy'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, Topaz Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robert Yurkovich, Executive Exploration | ||
| Marty Staples, CEO President | ||
| Warren Orban, Business Manager | ||
| Susie Cooke, F Mang |
Topaz 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 Topaz Energy 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 | 0.051 | ||||
| Return On Asset | 0.0445 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.45 % | ||||
| Current Valuation | 4.86 B | ||||
| Shares Outstanding | 153.2 M | ||||
| Shares Owned By Insiders | 33.82 % | ||||
| Shares Owned By Institutions | 18.25 % | ||||
| Number Of Shares Shorted | 2.05 M | ||||
| Price To Earning | 33.84 X |
Pair Trading with Topaz Energy
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 Topaz Energy 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 Topaz Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Topaz Stock
Moving against Topaz Stock
The ability to find closely correlated positions to Topaz Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Topaz Energy 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 Topaz Energy - 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 Topaz Energy Corp to buy it.
The correlation of Topaz Energy 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 Topaz Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Topaz Energy 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 Topaz Energy 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 Topaz Stock
Topaz Energy financial ratios help investors to determine whether Topaz 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 Topaz with respect to the benefits of owning Topaz Energy security.