Hamed BSc - WELL Health Chairman Founder
WELL Stock | CAD 5.55 0.11 2.02% |
Chairman
Hamed BSc is Chairman Founder of WELL Health Technologies
Age | 49 |
Address | 375 Water Street, Vancouver, BC, Canada, V6B 5C6 |
Phone | 604-628-7266 |
Web | https://well.company |
WELL Health Management Efficiency
The company has return on total asset (ROA) of 0.0245 % which means that it generated a profit of $0.0245 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1089 %, meaning that it generated $0.1089 on every $100 dollars invested by stockholders. WELL Health's management efficiency ratios could be used to measure how well WELL Health manages its routine affairs as well as how well it operates its assets and liabilities. At this time, WELL Health's Return On Tangible Assets are very stable compared to the past year. As of the 29th of November 2024, Return On Assets is likely to grow to 0.000061, while Return On Capital Employed is likely to drop 0.03. At this time, WELL Health's Fixed Asset Turnover is very stable compared to the past year. As of the 29th of November 2024, Return On Assets is likely to grow to 0.000061, though Net Tangible Assets are likely to grow to (289.2 M).Management Performance
Return On Equity | 0.11 | ||||
Return On Asset | 0.0245 |
WELL Health Technologies Leadership Team
Elected by the shareholders, the WELL Health's board of directors comprises two types of representatives: WELL Health inside directors who are chosen from within the company, and outside directors, selected externally and held independent of WELL. The board's role is to monitor WELL Health's management team and ensure that shareholders' interests are well served. WELL Health'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, WELL Health's outside directors are responsible for providing unbiased perspectives on the board's policies.
Amir Javidan, Chief Officer | ||
Arjun Kumar, Chief Officer | ||
BSc BSc, Chairman Founder | ||
Chris Ericksen, Senior Marketing | ||
Shane Sabatino, Chief Officer | ||
Michael Goodman, Head Canada | ||
Hamed BSc, Chairman Founder | ||
Beemal Shah, COO Corporation | ||
Eva Fong, Chief Officer | ||
James Kreger, Chief Corporation | ||
Brian Levinkind, Senior Development | ||
Sara Bond, VP Devel | ||
Michael Frankel, Chief Officer | ||
Pardeep MBA, Vice Relations |
WELL 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 WELL Health 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 | 0.11 | ||||
Return On Asset | 0.0245 | ||||
Profit Margin | 0.08 % | ||||
Operating Margin | 0.07 % | ||||
Current Valuation | 1.71 B | ||||
Shares Outstanding | 248.93 M | ||||
Shares Owned By Insiders | 21.32 % | ||||
Shares Owned By Institutions | 6.12 % | ||||
Number Of Shares Shorted | 1.29 M | ||||
Price To Book | 1.63 X |
Pair Trading with WELL Health
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 WELL Health 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 WELL Health will appreciate offsetting losses from the drop in the long position's value.Moving together with WELL Stock
The ability to find closely correlated positions to WELL Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WELL Health 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 WELL Health - 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 WELL Health Technologies to buy it.
The correlation of WELL Health 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 WELL Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WELL Health Technologies 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 WELL Health 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 WELL Stock
WELL Health financial ratios help investors to determine whether WELL 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 WELL with respect to the benefits of owning WELL Health security.