Ryan Nicometo - Vecima Networks Senior Unit

VCM Stock  CAD 17.18  0.25  1.43%   

Executive

Ryan Nicometo is Senior Unit of Vecima Networks
Address 771 Vanalman Avenue, Victoria, BC, Canada, V8Z 3B8
Phone(250) 881-1982
Webhttps://vecima.com

Vecima Networks Management Efficiency

The company has return on total asset (ROA) of 0.0528 % which means that it generated a profit of $0.0528 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0857 %, meaning that it generated $0.0857 on every $100 dollars invested by stockholders. Vecima Networks' management efficiency ratios could be used to measure how well Vecima Networks manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Vecima Networks' Return On Tangible Assets are very stable compared to the past year. As of the 25th of November 2024, Return On Assets is likely to grow to 0.09, while Return On Capital Employed is likely to drop 0.11. At this time, Vecima Networks' Return On Assets are very stable compared to the past year. As of the 25th of November 2024, Asset Turnover is likely to grow to 0.76, while Other Assets are likely to drop about 65 M.
Vecima Networks has accumulated 53 M in total debt with debt to equity ratio (D/E) of 1.1, which is about average as compared to similar companies. Vecima Networks has a current ratio of 4.99, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Vecima Networks until it has trouble settling it off, either with new capital or with free cash flow. So, Vecima Networks' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Vecima Networks sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Vecima to invest in growth at high rates of return. When we think about Vecima Networks' use of debt, we should always consider it together with cash and equity.

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Vecima Networks Inc. provides technology solutions that empower network service providers to connect people and enterprises to information and entertainment worldwide. The company was founded in 1988 and is headquartered in Victoria, Canada. VECIMA NETWORKS operates under Communication Equipment classification in Canada and is traded on Toronto Stock Exchange. It employs 0 people. Vecima Networks (VCM) is traded on Toronto Exchange in Canada and employs 608 people. Vecima Networks is listed under Communications Equipment category by Fama And French industry classification.

Management Performance

Vecima Networks Leadership Team

Elected by the shareholders, the Vecima Networks' board of directors comprises two types of representatives: Vecima Networks inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vecima. The board's role is to monitor Vecima Networks' management team and ensure that shareholders' interests are well served. Vecima Networks' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Vecima Networks' outside directors are responsible for providing unbiased perspectives on the board's policies.
Dan Gledhill, VP Sales
David Hobb, VP Operations
Heather Asher, General Secretary
Laird Froese, Senior Solutions
Paul Boucher, VicePres Sales
Richard Rockwell, Executive VicePresident
AnneMarie DeSouza, Head Communications
Judson Schmid, Chief Officer
Jeff Gabriele, Senior Operations
Colin Howlett, Chief Officer
Sumit Kumar, President CEO
Gerry Vreeswijk, Vice Resources
Richard Blenkinsop, Senior Development
German Iaryczower, Senior Marketing
Dale Booth, Chief Officer
Ryan Nicometo, Senior Unit
Surinder Kumar, Founder and Chairman of The Board
Clay McCreery, Chief Officer
Mark Briggs, Senior Processing

Vecima 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 Vecima Networks 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 Vecima Networks

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

Moving together with Vecima Stock

  0.81NRR-UN Northview ResidentialPairCorr
  0.63TIL Till CapitalPairCorr

Moving against Vecima Stock

  0.85FFN North American FinancialPairCorr
  0.67DGS Dividend Growth SplitPairCorr
  0.63DFN Dividend 15 SplitPairCorr
  0.62WINS Winshear Gold Corp Earnings Call TomorrowPairCorr
  0.43WCM-A Wilmington CapitalPairCorr
The ability to find closely correlated positions to Vecima Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vecima Networks 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 Vecima Networks - 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 Vecima Networks to buy it.
The correlation of Vecima Networks 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 Vecima Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vecima Networks 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 Vecima Networks 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 Vecima Stock

Vecima Networks financial ratios help investors to determine whether Vecima 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 Vecima with respect to the benefits of owning Vecima Networks security.