Laura Necochea - Conifex Timber Vice Services
| CFF Stock | CAD 0.34 0.04 10.53% |
Executive
Laura Necochea is Vice Services of Conifex Timber
| Address | 980-700 West Georgia Street, Vancouver, BC, Canada, V7Y 1B6 |
| Phone | 604 216 2949 |
| Web | https://www.conifex.com |
Conifex Timber Management Efficiency
The company has return on total asset (ROA) of (0.0812) % which means that it has lost $0.0812 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2137) %, meaning that it generated substantial loss on money invested by shareholders. Conifex Timber's management efficiency ratios could be used to measure how well Conifex Timber manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of December 2024, Return On Tangible Assets is likely to grow to -0.14. In addition to that, Return On Capital Employed is likely to grow to -0.2. At this time, Conifex Timber's Fixed Asset Turnover is very stable compared to the past year. As of the 23rd of December 2024, Asset Turnover is likely to grow to 1.00, while Net Tangible Assets are likely to drop about 148.5 M.Similar Executives
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Management Performance
| Return On Equity | -0.21 | ||||
| Return On Asset | -0.0812 |
Conifex Timber Leadership Team
Elected by the shareholders, the Conifex Timber's board of directors comprises two types of representatives: Conifex Timber inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Conifex. The board's role is to monitor Conifex Timber's management team and ensure that shareholders' interests are well served. Conifex Timber'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, Conifex Timber's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Trevor Pruden, Chief Officer | ||
| Andrew McLellan, VP Operations | ||
| Laura Necochea, Vice Services | ||
| Kenneth Shields, Chairman, CEO and President and Member of Environmental, Health and Safety Committee |
Conifex 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 Conifex Timber 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 | -0.21 | ||||
| Return On Asset | -0.0812 | ||||
| Profit Margin | (0.18) % | ||||
| Operating Margin | (0.24) % | ||||
| Current Valuation | 88.83 M | ||||
| Shares Outstanding | 40.77 M | ||||
| Shares Owned By Insiders | 6.64 % | ||||
| Shares Owned By Institutions | 39.71 % | ||||
| Number Of Shares Shorted | 11.81 K | ||||
| Price To Earning | 2.31 X |
Pair Trading with Conifex Timber
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 Conifex Timber 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 Conifex Timber will appreciate offsetting losses from the drop in the long position's value.Moving together with Conifex Stock
Moving against Conifex Stock
| 0.62 | NOA | North American Const | PairCorr |
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| 0.58 | OM | Osisko Metals | PairCorr |
| 0.52 | PGDC | Patagonia Gold Corp | PairCorr |
| 0.5 | Y | Yellow Pages Limited | PairCorr |
The ability to find closely correlated positions to Conifex Timber could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Conifex Timber 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 Conifex Timber - 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 Conifex Timber to buy it.
The correlation of Conifex Timber 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 Conifex Timber moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Conifex Timber 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 Conifex Timber 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 Conifex Stock
Conifex Timber financial ratios help investors to determine whether Conifex 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 Conifex with respect to the benefits of owning Conifex Timber security.