Varun Prasad - Western Copper Interim Chief Financial Officer
| WRN Stock | CAD 1.58 0.01 0.64% |
CFO
Varun Prasad is Interim Chief Financial Officer of Western Copper and since 2019.
| Tenure | 5 years |
| Address | 1166 Alberni Street, Vancouver, BC, Canada, V6E 3Z3 |
| Phone | 604 684 9497 |
| Web | https://www.westerncopperandgold.com |
Western Copper Management Efficiency
The company has return on total asset (ROA) of (0.0283) % which means that it has lost $0.0283 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0361) %, meaning that it generated substantial loss on money invested by shareholders. Western Copper's management efficiency ratios could be used to measure how well Western Copper manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th 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 drop to -0.03. At this time, Western Copper's Non Currrent Assets Other are very stable compared to the past year. As of the 25th of November 2024, Other Current Assets is likely to grow to about 1.3 M, while Total Assets are likely to drop about 74.1 M.Management Performance
| Return On Equity | -0.0361 | ||||
| Return On Asset | -0.0283 |
Western Copper Leadership Team
Elected by the shareholders, the Western Copper's board of directors comprises two types of representatives: Western Copper inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Western. The board's role is to monitor Western Copper's management team and ensure that shareholders' interests are well served. Western Copper'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, Western Copper's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Cameron Brown, Vice President - Engineering | ||
| Shena BA, Vice Affairs | ||
| Kenneth BSc, Chief Officer | ||
| Kenneth Williamson, Independent Director | ||
| Varun Prasad, Interim Chief Financial Officer | ||
| Sandeep MBA, Chief Officer | ||
| Julie Pelly, Manager - Corporate Communications & Investor Relations | ||
| F Corman, Executive Chairman of the Board | ||
| Jonathan Clegg, Executive Engineering | ||
| Cameron CFA, Director Development | ||
| Archibald Lang, Independent Director | ||
| Cameron PEng, VP Engineering | ||
| MBA BE, CEO Director | ||
| Elena BE, Paralegal Secretary | ||
| Elena Spivak, Corporate Secretary | ||
| Sandy Noyes, Director Relations | ||
| Klaus Zeitler, Independent Director | ||
| Cameron Mr, Vice President - Engineering | ||
| Tara Christie, Independent Director | ||
| Michael Psihogios, Chief Officer | ||
| Paul WestSells, President, Chief Executive Officer | ||
| CGA CPA, Chief Officer |
Western 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 Western Copper 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 | -0.0361 | ||||
| Return On Asset | -0.0283 | ||||
| Current Valuation | 238.36 M | ||||
| Shares Outstanding | 198.23 M | ||||
| Shares Owned By Insiders | 16.28 % | ||||
| Shares Owned By Institutions | 20.27 % | ||||
| Number Of Shares Shorted | 2.41 M | ||||
| Price To Earning | (50.37) X | ||||
| Price To Book | 1.64 X | ||||
| EBITDA | (4.93 M) |
Pair Trading with Western Copper
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 Western Copper 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 Western Copper will appreciate offsetting losses from the drop in the long position's value.Moving against Western Stock
The ability to find closely correlated positions to Western Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Western Copper 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 Western Copper - 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 Western Copper and to buy it.
The correlation of Western Copper 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 Western Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Copper 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 Western Copper 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.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Copper and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.