Ryan Deslippe - Payfare CoFounder Officer
| PAY Stock | CAD 3.96 0.02 0.50% |
Founder
Ryan Deslippe is CoFounder Officer of Payfare
| Phone | 800-719-2685 |
| Web | https://corp.payfare.com |
Payfare Management Efficiency
The company has return on total asset (ROA) of 0.0328 % which means that it generated a profit of $0.0328 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.254 %, meaning that it generated $0.254 on every $100 dollars invested by stockholders. Payfare's management efficiency ratios could be used to measure how well Payfare manages its routine affairs as well as how well it operates its assets and liabilities.Management Performance
| Return On Equity | 0.25 | ||||
| Return On Asset | 0.0328 |
Payfare Leadership Team
Elected by the shareholders, the Payfare's board of directors comprises two types of representatives: Payfare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Payfare. The board's role is to monitor Payfare's management team and ensure that shareholders' interests are well served. Payfare'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, Payfare's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Su Chun, Chief Officer | ||
| Marco Margiotta, CEO CoFounder | ||
| Kamran Haidari, Chief Officer | ||
| Sahil Gera, Chief Officer | ||
| Charles Park, CFO Secretary | ||
| Keith McKenzie, CoFounder Director | ||
| Brian Miller, Chief Officer | ||
| Ryan Deslippe, CoFounder Officer | ||
| Braulio Lam, Chief Officer | ||
| Cihan CFA, Head Development | ||
| Mark Lau, Chief Officer |
Payfare 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 Payfare 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 | 0.25 | ||||
| Return On Asset | 0.0328 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 116.62 M | ||||
| Shares Outstanding | 48.29 M | ||||
| Shares Owned By Insiders | 11.36 % | ||||
| Shares Owned By Institutions | 13.25 % | ||||
| Number Of Shares Shorted | 1.07 M | ||||
| Price To Earning | 2.02 X |
Pair Trading with Payfare
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 Payfare 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 Payfare will appreciate offsetting losses from the drop in the long position's value.Moving against Payfare Stock
| 0.74 | DAY | Dayforce | PairCorr |
| 0.67 | ATS | ATS P | PairCorr |
| 0.63 | NBLC | Nobel29 Resources Corp | PairCorr |
| 0.34 | BBUC | Brookfield Business Corp | PairCorr |
The ability to find closely correlated positions to Payfare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Payfare 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 Payfare - 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 Payfare to buy it.
The correlation of Payfare 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 Payfare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Payfare 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 Payfare 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 Payfare Stock
Payfare financial ratios help investors to determine whether Payfare 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 Payfare with respect to the benefits of owning Payfare security.