Michal Okoniewski - Acceleware Co-Founder, Chief Scientific Officer and Director

AXE Stock  CAD 0.14  0.01  6.67%   

Director

Dr. Michal Okoniewski serves as the Chief Scientific Officer, executive officer and Director of Acceleware Ltd. He has served as the Chief Scientist of Acceleware since August 1, 2005. On July 22, 2008, up until the appointment of Mr. Clark as Chief Executive Officer, Dr. Okoniewski served as the Interim President and Chief Executive Officer of Acceleware. Dr. Okoniewski is also a Professor in the Electrical Computer Engineering Department, University of Calgary. Dr. Okoniewski has a Ph.D. in Electrical Engineering from the Technical University, Gdansk. Dr. Okoniewski is a renowned expert in applied computational electrodynamics, and holds the Canada Research Chair in Applied Electromagnetics at the University of Calgary. since 2010.
Age 62
Tenure 14 years
Address 435 ? 10th Avenue South East, Calgary, AB, Canada, T2G 0W3
Phone403-249-9099
Webhttps://www.acceleware.com

Acceleware Management Efficiency

The company has return on total asset (ROA) of (0.6096) % which means that it has lost $0.6096 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (8.7597) %, meaning that it generated substantial loss on money invested by shareholders. Acceleware's management efficiency ratios could be used to measure how well Acceleware manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Acceleware's Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to climb to 0.27 in 2024, whereas Return On Tangible Assets are likely to drop (1.42) in 2024. At this time, Acceleware's Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 238 K in 2024, whereas Total Current Assets are likely to drop slightly above 1.2 M in 2024.
The company has accumulated 2.45 M in total debt with debt to equity ratio (D/E) of 11.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Acceleware has a current ratio of 1.61, which is within standard range for the sector. Debt can assist Acceleware until it has trouble settling it off, either with new capital or with free cash flow. So, Acceleware'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 Acceleware sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Acceleware to invest in growth at high rates of return. When we think about Acceleware's use of debt, we should always consider it together with cash and equity.

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Acceleware Ltd., an oil and gas technology company, develops and markets software products for oil and gas and other markets in Canada and the United States. Acceleware Ltd. was founded in 2004 and is headquartered in Calgary, Canada. ACCELEWARE LTD operates under Software - Application classification in Canada and is traded on TSX Venture Exchange. It employs 20 people. Acceleware (AXE) is traded on TSX Venture Exchange in Canada and employs 12 people. Acceleware is listed under Application Software category by Fama And French industry classification.

Management Performance

Acceleware Leadership Team

Elected by the shareholders, the Acceleware's board of directors comprises two types of representatives: Acceleware inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Acceleware. The board's role is to monitor Acceleware's management team and ensure that shareholders' interests are well served. Acceleware'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, Acceleware's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michal Okoniewski, Co-Founder, Chief Scientific Officer and Director
Brian LeBlanc, CFO
Dennis Nerland, Independent Director
Tracy Grierson, Chief Officer
Cameron MacCarthy, Co Sec
Bohdan Romaniuk, Independent Chairman of the Board
Laura McIntyre, Vice President - Engineering
Geoff Clark, CEO and President Interim CFO and Director
Jens Horstmann, Director
Geoffrey Clark, CEO Director
Peter Neweduk, Independent Director
Michael Tourigny, Chief Marketing Officer

Acceleware 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 Acceleware 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 Acceleware

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 Acceleware 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 Acceleware will appreciate offsetting losses from the drop in the long position's value.

Moving against Acceleware Stock

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The ability to find closely correlated positions to Acceleware could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acceleware 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 Acceleware - 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 Acceleware to buy it.
The correlation of Acceleware 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 Acceleware moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acceleware 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 Acceleware 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
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acceleware. 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.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Acceleware's price analysis, check to measure Acceleware'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 Acceleware is operating at the current time. Most of Acceleware's value examination focuses on studying past and present price action to predict the probability of Acceleware's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acceleware's price. Additionally, you may evaluate how the addition of Acceleware to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Acceleware's value and its price as these two are different measures arrived at by different means. Investors typically determine if Acceleware is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acceleware's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.