Duncan Davies - Resolute Forest Independent Chairman of the Board
RFPDelisted Stock | USD 21.92 0.08 0.36% |
Insider
Duncan Davies is Independent Chairman of the Board of Resolute Forest Products since 2021.
Age | 69 |
Tenure | 3 years |
Phone | 514 875 2160 |
Web | https://www.resolutefp.com |
Resolute Forest Management Efficiency
The company has Return on Asset of 0.1049 % which means that on every $100 spent on assets, it made $0.1049 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2377 %, implying that it generated $0.2377 on every 100 dollars invested. Resolute Forest's management efficiency ratios could be used to measure how well Resolute Forest manages its routine affairs as well as how well it operates its assets and liabilities.Resolute Forest Products has 300 M in debt with debt to equity (D/E) ratio of 0.18, which may show that the company is not taking advantage of profits from borrowing. Resolute Forest Products has a current ratio of 2.7, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Resolute to invest in growth at high rates of return.
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Management Performance
Resolute Forest Products Leadership Team
Elected by the shareholders, the Resolute Forest's board of directors comprises two types of representatives: Resolute Forest inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Resolute. The board's role is to monitor Resolute Forest's management team and ensure that shareholders' interests are well served. Resolute Forest'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, Resolute Forest's outside directors are responsible for providing unbiased perspectives on the board's policies.
AlainPierre Rheaume, Lead Independent Director | ||
Bradley Martin, Independent Chairman of the Board | ||
Marianne Limoges, Treasurer Relations | ||
Remi Lalonde, Chief Financial Officer, Senior Vice President | ||
John LaFave, Senior Vice President - Pulp and Paper Sales and Marketing | ||
Jennifer Dolan, Independent Director | ||
Sylvain Girard, Chief Financial Officer, Senior Vice President | ||
Daniel Ouellet, Senior Vice President of Human Resources | ||
Luc Theriault, Senior Vice President - Wood Products | ||
Patrice Minguez, President - Tissue Group | ||
Michael Rousseau, Independent Director | ||
Yves Laflamme, Sr. VP of Wood Products, Procurement and Information Technology | ||
Hugues Simon, President - Wood Products Division | ||
Stephanie Leclaire, Senior Vice President Corporate Affairs and Chief Legal Officer | ||
Suzanne Blanchet, Independent Director | ||
Duncan Davies, Independent Chairman of the Board | ||
Seth Kursman, Sustainability Communications | ||
Hugues Dorban, Chief Accounting Officer, Vice President | ||
Lori Kilgour, Senior Vice President - Process Improvement, Chief Information Officer | ||
Daniel Viboux, Chief Accounting Officer, Vice President | ||
Richard Tremblay, Senior Vice President - Pulp and Paper Operations | ||
Jacques Vachon, Chief Legal Officer, Sr. VP of Corporate Affairs and Corporate Secretary | ||
Randall Benson, Independent Director |
Resolute 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 Resolute Forest 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 | 0.24 | |||
Return On Asset | 0.1 | |||
Profit Margin | 0.11 % | |||
Operating Margin | 0.17 % | |||
Current Valuation | 1.53 B | |||
Shares Outstanding | 76.81 M | |||
Shares Owned By Insiders | 0.93 % | |||
Shares Owned By Institutions | 89.76 % | |||
Number Of Shares Shorted | 1.38 M | |||
Price To Earning | 18.32 X |
Pair Trading with Resolute Forest
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 Resolute Forest 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 Resolute Forest will appreciate offsetting losses from the drop in the long position's value.Moving against Resolute Stock
0.61 | PBCRF | PT Bank Central | PairCorr |
0.57 | PPERY | Bank Mandiri Persero | PairCorr |
0.57 | PTBRY | Bank Negara Indonesia | PairCorr |
0.54 | ADVWW | Advantage Solutions | PairCorr |
0.52 | PPERF | Bank Mandiri Persero | PairCorr |
The ability to find closely correlated positions to Resolute Forest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Resolute Forest 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 Resolute Forest - 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 Resolute Forest Products to buy it.
The correlation of Resolute Forest 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 Resolute Forest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Resolute Forest Products 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 Resolute Forest 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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Other Consideration for investing in Resolute Stock
If you are still planning to invest in Resolute Forest Products check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Resolute Forest's history and understand the potential risks before investing.
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