Trevor Pruden - Conifex Timber Chief Officer

CFF Stock  CAD 0.36  0.01  2.86%   

Executive

Trevor Pruden is Chief Officer of Conifex Timber
Phone604 216 2949
Webhttps://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.
Conifex Timber has accumulated 63.85 M in total debt with debt to equity ratio (D/E) of 95.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Conifex Timber has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Conifex Timber until it has trouble settling it off, either with new capital or with free cash flow. So, Conifex Timber's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Conifex Timber sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Conifex to invest in growth at high rates of return. When we think about Conifex Timber's use of debt, we should always consider it together with cash and equity.

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Conifex Timber Inc. primarily manufactures and sells lumber products in the United States, China, Canada, and Japan. Conifex Timber Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada. CONIFEX TIMBER operates under Lumber Wood Production classification in Canada and is traded on Toronto Stock Exchange. It employs 1149 people. Conifex Timber (CFF) is traded on Toronto Exchange in Canada and employs 4 people. Conifex Timber is listed under Paper & Forest Products category by Fama And French industry classification.

Management Performance

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.

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

  0.81AG First Majestic SilverPairCorr
  0.7IE Ivanhoe EnergyPairCorr

Moving against Conifex Stock

  0.41ESI Ensign Energy ServicesPairCorr
  0.39FDR Flinders ResourcesPairCorr
  0.39LCS Brompton Lifeco Split SplitPairCorr
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.
Pair CorrelationCorrelation Matching

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.