Jurgen Bickel - Canopy Growth MD GmbH
| WEED Stock | CAD 4.04 0.14 3.59% |
Executive
Jurgen Bickel is MD GmbH of Canopy Growth Corp
| Address | 1 Hershey Drive, Smiths Falls, ON, Canada, K7A 0A8 |
| Phone | 855 558 9333 |
| Web | https://www.canopygrowth.com |
Canopy Growth Management Efficiency
The company has return on total asset (ROA) of (0.0439) % which means that it has lost $0.0439 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.9303) %, meaning that it generated substantial loss on money invested by shareholders. Canopy Growth's management efficiency ratios could be used to measure how well Canopy Growth manages its routine affairs as well as how well it operates its assets and liabilities. As of the 20th of December 2024, Return On Tangible Assets is likely to grow to -0.34. In addition to that, Return On Capital Employed is likely to drop to -0.33. As of the 20th of December 2024, Non Currrent Assets Other is likely to grow to about 341.8 M, while Total Assets are likely to drop about 26 M.Management Performance
| Return On Equity | -0.93 | ||||
| Return On Asset | -0.0439 |
Canopy Growth Corp Leadership Team
Elected by the shareholders, the Canopy Growth's board of directors comprises two types of representatives: Canopy Growth inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canopy. The board's role is to monitor Canopy Growth's management team and ensure that shareholders' interests are well served. Canopy Growth'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, Canopy Growth's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Ware, Chief Medical Officer | ||
| Judy Hong, Chief Intelligence | ||
| Terry Yanofsky, Director | ||
| FCPA FCA, Strategic Advisor | ||
| David Klein, Chief Executive Officer, Director | ||
| Robert Hanson, Independent Director | ||
| Christelle LLB, Chief Secretary | ||
| Tara Rozalowsky, Chief International | ||
| Chris Edwards, Chief Officer | ||
| Dave Paterson, President Canada | ||
| Ru Wadasinghe, Chief Information Officer | ||
| Judy Schmeling, Independent Chairman of the Board | ||
| William Newlands, Independent Director | ||
| David Lazzarato, Independent Director | ||
| Phillip Shaer, Chief Legal Officer | ||
| Theresa Yanofsky, Independent Director | ||
| Julious Grant, Chief Officer | ||
| Jonathan Tosto, Chief Officer | ||
| Thomas IV, Senior Officer | ||
| Jenny Brewer, Chief Officer | ||
| Jason Green, Head Division | ||
| Thomas Stewart, Chief Accounting Officer, Vice President | ||
| Tyler Burns, Director Relations | ||
| Thomas Shipley, Senior Vice President and Chief Science Officer | ||
| Jimes Sabia, Director | ||
| Rade Kovacevic, Vice President - Sales and Customer Experience | ||
| Mike Lee, Chief Financial Officer, Executive Vice President | ||
| Jurgen Bickel, MD GmbH |
Canopy 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 Canopy Growth 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 | -0.93 | ||||
| Return On Asset | -0.0439 | ||||
| Profit Margin | (2.01) % | ||||
| Operating Margin | (0.34) % | ||||
| Current Valuation | 859.64 M | ||||
| Shares Outstanding | 122.39 M | ||||
| Shares Owned By Insiders | 0.17 % | ||||
| Shares Owned By Institutions | 8.50 % | ||||
| Number Of Shares Shorted | 2.49 M | ||||
| Price To Book | 0.94 X |
Pair Trading with Canopy Growth
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 Canopy Growth 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 Canopy Growth will appreciate offsetting losses from the drop in the long position's value.Moving together with Canopy Stock
Moving against Canopy Stock
| 0.74 | MATE | Blockmate Ventures | PairCorr |
| 0.59 | LQWD | LQwD FinTech Corp | PairCorr |
| 0.51 | NZP | Chatham Rock Phosphate | PairCorr |
The ability to find closely correlated positions to Canopy Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canopy Growth 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 Canopy Growth - 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 Canopy Growth Corp to buy it.
The correlation of Canopy Growth 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 Canopy Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canopy Growth 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 Canopy Growth 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Canopy Growth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.