Douglas Carty - Wajax Independent Director
| WJX Stock | CAD 21.68 0.37 1.74% |
Director
Mr. Douglas A. Carty is Independent Director of Wajax Corporationration Mr. Carty is a corporate director. He serves on the board of Points International Ltd., a company offering products and services to the loyalty program industry, and YRC Worldwide Inc., a leading transportation service provider. He is also the Chairman and CoFounder of Switzer Carty Transportation Inc., a Burlington, Ontario based provider of school bus services. Previously, Mr. Carty served as Chief Financial Officer of Laidlaw International Inc., and subsequently as the President and Chief Executive Officer of its school bus subsidiary. He has also served as Chief Financial Officer of Atlas Air Worldwide Holdings and Canadian Airlines Corporation since 2011.
| Age | 62 |
| Tenure | 13 years |
| Phone | 877 469 2529 |
| Web | https://www.wajax.com |
Wajax Management Efficiency
The company has return on total asset (ROA) of 0.0456 % which means that it generated a profit of $0.0456 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1047 %, meaning that it generated $0.1047 on every $100 dollars invested by stockholders. Wajax's management efficiency ratios could be used to measure how well Wajax manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0456 |
Wajax Leadership Team
Elected by the shareholders, the Wajax's board of directors comprises two types of representatives: Wajax inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wajax. The board's role is to monitor Wajax's management team and ensure that shareholders' interests are well served. Wajax'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, Wajax's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Alexander Taylor, Independent Director | ||
| Thomas Alford, Independent Director | ||
| Edward Barrett, Independent Director | ||
| Trevor Carson, Vice President - Supply Chain and Corporate Development | ||
| Donna Baratto, Vice President - Customer Support Centres | ||
| A Foote, President, Chief Executive Officer, Director | ||
| Douglas Carty, Independent Director | ||
| John Eby, Independent Director | ||
| Cristian Rodriguez, Vice President - Environment, Health and Safety | ||
| Steven Deck, Senior Vice President - Business Development | ||
| Andre Dube, Senior Operations | ||
| Andrew Tam, General Counsel, Secretary, IR Contact Officer | ||
| Justin Warren, VP Services | ||
| Tania Casadinho, Vice President - Finance, Corporate Controller | ||
| Ignacy Domagalski, CEO President | ||
| Robert Dexter, Independent Chairman of the Board | ||
| Gregory Abtosway, Vice Development | ||
| Mark Edgar, Chief Officer | ||
| Irene Stretton, Vice President of Human Resources | ||
| Brian Deacon, Senior Management | ||
| Stuart Auld, Senior Vice President - Human Resources and Information Systems | ||
| Sylvia Chrominska, Independent Director |
Wajax 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 Wajax 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 | 0.1 | ||||
| Return On Asset | 0.0456 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 989.93 M | ||||
| Shares Outstanding | 21.73 M | ||||
| Shares Owned By Insiders | 0.96 % | ||||
| Shares Owned By Institutions | 24.25 % | ||||
| Number Of Shares Shorted | 106.23 K | ||||
| Price To Earning | 9.58 X |
Pair Trading with Wajax
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 Wajax 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 Wajax will appreciate offsetting losses from the drop in the long position's value.Moving against Wajax Stock
| 0.69 | JPM | JPMorgan Chase | PairCorr |
| 0.65 | BOFA | Bank of America | PairCorr |
| 0.65 | RY-PM | Royal Bank | PairCorr |
| 0.64 | RY-PS | Royal Bank | PairCorr |
| 0.59 | TD-PFI | Toronto Dominion Bank | PairCorr |
The ability to find closely correlated positions to Wajax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wajax 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 Wajax - 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 Wajax to buy it.
The correlation of Wajax 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 Wajax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wajax 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 Wajax 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 Wajax Stock
Wajax financial ratios help investors to determine whether Wajax 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 Wajax with respect to the benefits of owning Wajax security.