Michael Detlefsen - Aurora Cannabis Independent Director
| ACB Stock | CAD 6.11 0.31 4.83% |
Insider
Michael Detlefsen is Independent Director of Aurora Cannabis since 2020.
| Age | 54 |
| Tenure | 4 years |
| Address | 90B Street SW, Edmonton, AB, Canada, T6X 1V8 |
| Phone | 855 279 4652 |
| Web | https://www.auroramj.com |
Aurora Cannabis Management Efficiency
The company has return on total asset (ROA) of (0.0124) % which means that it has lost $0.0124 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0579) %, meaning that it generated substantial loss on money invested by shareholders. Aurora Cannabis' management efficiency ratios could be used to measure how well Aurora Cannabis manages its routine affairs as well as how well it operates its assets and liabilities. As of the 19th of December 2024, Return On Tangible Assets is likely to drop to -0.1. In addition to that, Return On Capital Employed is likely to drop to -0.07. At this time, Aurora Cannabis' Total Assets are very stable compared to the past year. As of the 19th of December 2024, Non Current Assets Total is likely to grow to about 744.6 M, while Total Current Assets are likely to drop about 234.2 M.Similar Executives
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Management Performance
| Return On Equity | -0.0579 | ||||
| Return On Asset | -0.0124 |
Aurora Cannabis Leadership Team
Elected by the shareholders, the Aurora Cannabis' board of directors comprises two types of representatives: Aurora Cannabis inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aurora. The board's role is to monitor Aurora Cannabis' management team and ensure that shareholders' interests are well served. Aurora Cannabis' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Aurora Cannabis' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Lori Schick, Executive Resources | ||
| Simona King, Chief Officer | ||
| Alex Miller, Executive Chain | ||
| Darren Karasiuk, Executive Vice President - Adult Usage | ||
| Carey Squires, Executive Vice President of Corporate Development and Strategy | ||
| Jillian Swainson, Chief Legal Officer, Corporate Secretary | ||
| Michael Singer, Executive Chairman of the Board, Interim Chief Executive Officer | ||
| Andre Jerome, Senior Vice President - Business Integration | ||
| Dave Aird, Executive Technology | ||
| Miguel Martin, Chief Commercial Officer | ||
| Nathalie Clark, General VP | ||
| Steve Dobler, President Director | ||
| Adam Szweras, Independent Director | ||
| Jonathan Page, Chief Science Officer | ||
| Neil Belot, Chief Global Business Development Officer | ||
| Debra Wilson, Vice President of Human Resources | ||
| Ananth Krishnan, Vice Relations | ||
| Lance Friedmann, Independent Director | ||
| David Aird, Executive Technology | ||
| John Barnet, Chief Cultivator | ||
| Margaret Atkins, Independent Director | ||
| Glen Ibbott, Chief Financial Officer | ||
| Michael Detlefsen, Independent Director | ||
| Simona CPA, Chief Officer | ||
| Darryl Vleeming, Chief Information Officer | ||
| Thomas Larssen, President of Aurora Larssen Projects Ltd | ||
| Rick Savone, Senior Vice President - Global Government Relations | ||
| Norma Beauchamp, Independent Director | ||
| Ronald Funk, Lead Independent Director | ||
| Michelle Lefler, Vice Relations | ||
| Allan Cleiren, Chief Operational Officer | ||
| Jason Dyck, Independent Director |
Aurora 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 Aurora Cannabis 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 | -0.0579 | ||||
| Return On Asset | -0.0124 | ||||
| Profit Margin | (0.15) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 351.35 M | ||||
| Shares Outstanding | 54.88 M | ||||
| Shares Owned By Institutions | 13.29 % | ||||
| Number Of Shares Shorted | 865.23 K | ||||
| Price To Earning | 30.94 X | ||||
| Price To Book | 0.62 X |
Pair Trading with Aurora Cannabis
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 Aurora Cannabis 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 Aurora Cannabis will appreciate offsetting losses from the drop in the long position's value.Moving together with Aurora Stock
Moving against Aurora Stock
The ability to find closely correlated positions to Aurora Cannabis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aurora Cannabis 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 Aurora Cannabis - 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 Aurora Cannabis to buy it.
The correlation of Aurora Cannabis 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 Aurora Cannabis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aurora Cannabis 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 Aurora Cannabis 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Cannabis. 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. To learn how to invest in Aurora Stock, please use our How to Invest in Aurora Cannabis guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..