Stefan Wieler - GoldMoney Vice President - Goldmoney Insights
XAU Stock | CAD 8.35 0.07 0.85% |
President
Mr. Stefan Wieler is Vice President Research, Director of the company since 2018.
Tenure | 6 years |
Professional Marks | CFA |
Address | 334 Adelaide Street West, Toronto, ON, Canada, M5V 1R4 |
Phone | 647-250-7170 |
Web | https://www.goldmoney.com |
GoldMoney Management Efficiency
The company has return on total asset (ROA) of 0.0796 % which means that it generated a profit of $0.0796 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1546) %, meaning that it generated substantial loss on money invested by shareholders. GoldMoney's management efficiency ratios could be used to measure how well GoldMoney manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Capital Employed is likely to grow to 0.09, while Return On Tangible Assets are likely to drop (0.15). At this time, GoldMoney's Non Current Assets Total are very stable compared to the past year. As of the 28th of November 2024, Non Currrent Assets Other is likely to grow to about 135.8 M, while Total Assets are likely to drop about 3.2 M.Similar Executives
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Management Performance
Return On Equity | -0.15 | ||||
Return On Asset | 0.0796 |
GoldMoney Leadership Team
Elected by the shareholders, the GoldMoney's board of directors comprises two types of representatives: GoldMoney inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GoldMoney. The board's role is to monitor GoldMoney's management team and ensure that shareholders' interests are well served. GoldMoney'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, GoldMoney's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mike Busby, Chief Officer | ||
Sean CGA, Chief Officer | ||
Serge Prostran, Compliance Manager | ||
Stefan Wieler, Vice President - Goldmoney Insights | ||
James BA, Founder Director | ||
CAIA CFA, VP Director | ||
Roy Sebag, President, Chief Executive Officer, Founder, Director | ||
James Turk, Lead Independent Director | ||
Andres Finkielsztain, Independent Director | ||
Mahendra Naik, Independent Director | ||
Steve Fray, Chief Financial Officer | ||
Paul Mennega, Chief Operating Officer | ||
Alasdair Macleod, Head of Research | ||
Mark CFA, Chief Officer | ||
Alessandro Premoli, Chief Technology Officer | ||
Renee Wei, Director Communications |
GoldMoney 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 GoldMoney 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 | -0.15 | ||||
Return On Asset | 0.0796 | ||||
Profit Margin | (0.34) % | ||||
Operating Margin | 0.34 % | ||||
Current Valuation | 135.24 M | ||||
Shares Outstanding | 13.15 M | ||||
Shares Owned By Insiders | 34.46 % | ||||
Shares Owned By Institutions | 23.09 % | ||||
Number Of Shares Shorted | 20.87 K | ||||
Price To Earning | 73.87 X |
Pair Trading with GoldMoney
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 GoldMoney 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 GoldMoney will appreciate offsetting losses from the drop in the long position's value.Moving against GoldMoney Stock
0.58 | BRK | Berkshire Hathaway CDR | PairCorr |
0.5 | JPM | JPMorgan Chase | PairCorr |
0.49 | BOFA | Bank of America | PairCorr |
0.48 | GS | GOLDMAN SACHS CDR | PairCorr |
0.4 | WMT | Walmart Inc CDR | PairCorr |
The ability to find closely correlated positions to GoldMoney could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GoldMoney 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 GoldMoney - 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 GoldMoney to buy it.
The correlation of GoldMoney 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 GoldMoney moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GoldMoney 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 GoldMoney 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 GoldMoney Stock
GoldMoney financial ratios help investors to determine whether GoldMoney 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 GoldMoney with respect to the benefits of owning GoldMoney security.