David Stephen - Westpac Banking Chief Officer
| WBCPH Preferred Stock | 102.26 0.22 0.21% |
Executive
David Stephen is Chief Officer of Westpac Banking Corp
| Age | 58 |
| Phone | 61 2 9155 7713 |
| Web | http://www.westpac.com.au |
Westpac Banking Management Efficiency
Westpac Banking's management efficiency ratios could be used to measure how well Westpac Banking manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.0343 | ||||
| Return On Asset | 0.0025 |
Westpac Banking Corp Leadership Team
Elected by the shareholders, the Westpac Banking's board of directors comprises two types of representatives: Westpac Banking inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Westpac. The board's role is to monitor Westpac Banking's management team and ensure that shareholders' interests are well served. Westpac Banking'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, Westpac Banking's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Christine Parker, Group HR | ||
| B LLB, Group Exec | ||
| FCA BEc, MD CEO | ||
| BCom BCom, Chief Strategy | ||
| Leslie Vance, Compliance Crime | ||
| David Stephen, Chief Officer | ||
| Scott Collary, Chief Officer | ||
| Carolyn BA, Group Relations | ||
| LLB LLB, Chief Limited |
Westpac Preferred Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred stock is not an easy task. Is Westpac Banking 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 | 0.0343 | ||||
| Return On Asset | 0.0025 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.35 % | ||||
| Shares Outstanding | 3.51 B | ||||
| Revenue | 20.41 B | ||||
| Gross Profit | 17 B | ||||
| Net Income | 5.69 B | ||||
| Total Debt | 146.87 B | ||||
| Book Value Per Share | 18.86 X |
Pair Trading with Westpac Banking
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 Westpac Banking 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 Westpac Banking will appreciate offsetting losses from the drop in the long position's value.Moving together with Westpac Preferred Stock
Moving against Westpac Preferred Stock
The ability to find closely correlated positions to Westpac Banking could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Westpac Banking 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 Westpac Banking - 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 Westpac Banking Corp to buy it.
The correlation of Westpac Banking 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 Westpac Banking moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Westpac Banking Corp 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 Westpac Banking 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 Westpac Preferred Stock
Westpac Banking financial ratios help investors to determine whether Westpac Preferred 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 Westpac with respect to the benefits of owning Westpac Banking security.