Algis Vanagas - Algoma Central Senior Vice President - Technical
| ALC Stock | CAD 14.71 0.04 0.27% |
President
Mr. Algis J. Vanagas is Senior Vice President Technical of Algoma Central Corporationration During the last five years, Mr. Vanagas was Vice President Technical, Vice President Marine and General Manager Ship Management of Algoma Central Corporationrationration.
| Address | 63 Church Street, Saint Catharines, ON, Canada, L2R 3C4 |
| Phone | 905 687 7888 |
| Web | https://www.algonet.com |
Algoma Central Management Efficiency
The company has return on total asset (ROA) of 0.0343 % which means that it generated a profit of $0.0343 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1102 %, meaning that it generated $0.1102 on every $100 dollars invested by stockholders. Algoma Central's management efficiency ratios could be used to measure how well Algoma Central manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of April 2024, Return On Tangible Assets is likely to grow to 0.06. Also, Return On Capital Employed is likely to grow to 0.12. At this time, Algoma Central's Asset Turnover is very stable compared to the past year.Similar Executives
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Management Performance
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0343 |
Algoma Central Leadership Team
Elected by the shareholders, the Algoma Central's board of directors comprises two types of representatives: Algoma Central inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Algoma. The board's role is to monitor Algoma Central's management team and ensure that shareholders' interests are well served. Algoma Central'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, Algoma Central's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ken Soerensen, CEO and Pres | ||
| Duncan Jackman, Independent Chairman of the Board | ||
| Thomas Siklos, VP of Real Estate | ||
| Richard Carty, Independent Director | ||
| Fredrik Hanson, Vice Admin | ||
| Clive Rowe, Independent Director | ||
| Karen Watt, Vice President - Human Resources | ||
| Harold Stephen, Independent Director | ||
| Peter Winkley, CFO, Vice President - Finance | ||
| Gregg Ruhl, CEO President | ||
| Wayne Smith, Sr. VP of Commercial | ||
| Wesley LLB, Executive Secretary | ||
| Wesley Newton, Legal Counsel, Assistant Secretary | ||
| Eric Stevenson, Independent Director | ||
| Dennis McPhee, Vice President - Sales and Traffic | ||
| Algis Vanagas, Senior Vice President - Technical | ||
| Cathy Smith, VicePresident Resources | ||
| Stephen Wright, Executive Technical | ||
| E Hutcheson, Independent Director | ||
| Jeffrey PEng, VicePresident Marketing | ||
| Steve Wright, Executive Technical | ||
| Barton Reynolds, Executive Technical |
Algoma 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 Algoma Central 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 | 0.11 | ||||
| Return On Asset | 0.0343 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 914.63 M | ||||
| Shares Outstanding | 39.52 M | ||||
| Shares Owned By Insiders | 56.05 % | ||||
| Shares Owned By Institutions | 16.96 % | ||||
| Number Of Shares Shorted | 374.4 K | ||||
| Price To Earning | 11.51 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Algoma Central in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Algoma Central's short interest history, or implied volatility extrapolated from Algoma Central options trading.
Pair Trading with Algoma Central
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 Algoma Central 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 Algoma Central will appreciate offsetting losses from the drop in the long position's value.Moving against Algoma Stock
| 0.58 | LCX | Lycos Energy | PairCorr |
The ability to find closely correlated positions to Algoma Central could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Algoma Central 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 Algoma Central - 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 Algoma Central to buy it.
The correlation of Algoma Central 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 Algoma Central moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Algoma Central 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 Algoma Central 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 Algoma Central. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Algoma Central information on this page should be used as a complementary analysis to other Algoma Central's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Algoma Stock analysis
When running Algoma Central's price analysis, check to measure Algoma Central's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Algoma Central is operating at the current time. Most of Algoma Central's value examination focuses on studying past and present price action to predict the probability of Algoma Central's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Algoma Central's price. Additionally, you may evaluate how the addition of Algoma Central to your portfolios can decrease your overall portfolio volatility.
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