AlainPierre Rheaume - Boralex Independent Chairman of the Board
| BLX Stock | CAD 30.14 0.20 0.67% |
Chairman
Mr. AlainPierre Rheaume is an Independent Chairman of the Board of the Company. Mr. Rhaume is an Independent Director of Boralex Inc. Mr. Rhaume is Cofounder and Managing Partner of Trio Capital Inc., a private investment company. He is also a corporate director since 2017.
| Age | 67 |
| Tenure | 7 years |
| Address | 36 Lajeunesse Street, Kingsey Falls, QC, Canada, J0A 1B0 |
| Phone | 819 363 6363 |
| Web | https://www.boralex.com |
Boralex Management Efficiency
The company has return on total asset (ROA) of 0.0254 % which means that it generated a profit of $0.0254 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0669 %, meaning that it generated $0.0669 on every $100 dollars invested by stockholders. Boralex's management efficiency ratios could be used to measure how well Boralex manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of December 2024, Return On Tangible Assets is likely to grow to 0.02. Also, Return On Capital Employed is likely to grow to 0.04. At this time, Boralex's Return On Tangible Assets are very stable compared to the past year. As of the 1st of December 2024, Fixed Asset Turnover is likely to grow to 0.29, while Other Current Assets are likely to drop about 32.3 M.Similar Executives
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| Jean Couture | Innergex Renewable Energy | 72 | |
| John Eng | Northland Power | 66 | |
| John Brace | Northland Power | 61 | |
| Daniel Lafrance | Innergex Renewable Energy | 64 | |
| James Temerty | Northland Power | 77 | |
| Donald Lowry | Capital Power | 67 | |
Management Performance
| Return On Equity | 0.0669 | ||||
| Return On Asset | 0.0254 |
Boralex Leadership Team
Elected by the shareholders, the Boralex's board of directors comprises two types of representatives: Boralex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Boralex. The board's role is to monitor Boralex's management team and ensure that shareholders' interests are well served. Boralex'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, Boralex's outside directors are responsible for providing unbiased perspectives on the board's policies.
| AlainPierre Rheaume, Independent Chairman of the Board | ||
| Andre Courville, Independent Director | ||
| MarieJose Arsenault, Executive Officer | ||
| Nicolas Wolff, Vice President and General Manager Boralex - Europe | ||
| Rabindra Mishra, Deputy Europe | ||
| Dany StPierre, Independent Director | ||
| Hugues Girardin, Vice President - Development | ||
| Yves Rheault, Independent Director | ||
| MarieClaude Dumas, Independent Director | ||
| Adam Rosso, Senior America | ||
| Isabelle Fontaine, Sr Communications | ||
| Julie Cusson, Vice President - Public and Corporate Affairs | ||
| Ghyslain Deschamps, Independent Director | ||
| Bruno Guilmette, Chief Financial Officer, Vice President | ||
| Alain Ducharme, Independent Director | ||
| Pascal Hurtubise, Vice President, Chief Legal Officer and Corporate Secretary | ||
| Stphane Milot, Director Relations | ||
| Patrick Decostre, Chief Operating Officer, Vice President | ||
| Alain Pouliot, Senior America | ||
| Patrick Lemaire, President, Chief Executive Officer, Director | ||
| Marie Giguere, Independent Director | ||
| Edward Kernaghan, Independent Director | ||
| Lise Croteau, Independent Director | ||
| MarieJosee Arsenault, Vice President - Talent and Culture |
Boralex 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 Boralex 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 | 0.0669 | ||||
| Return On Asset | 0.0254 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 6.56 B | ||||
| Shares Outstanding | 102.77 M | ||||
| Shares Owned By Insiders | 0.16 % | ||||
| Shares Owned By Institutions | 58.85 % | ||||
| Number Of Shares Shorted | 1.05 M | ||||
| Price To Book | 1.93 X |
Pair Trading with Boralex
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 Boralex 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 Boralex will appreciate offsetting losses from the drop in the long position's value.Moving together with Boralex Stock
Moving against Boralex Stock
| 0.73 | ELF | E L Financial | PairCorr |
| 0.71 | FFH-PH | Fairfax Financial | PairCorr |
| 0.7 | FFH-PJ | Fairfax Financial | PairCorr |
| 0.7 | FFH-PD | Fairfax Financial | PairCorr |
| 0.66 | FFH-PF | Fairfax Financial | PairCorr |
The ability to find closely correlated positions to Boralex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boralex 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 Boralex - 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 Boralex to buy it.
The correlation of Boralex 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 Boralex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boralex 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 Boralex 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 Boralex Stock
Boralex financial ratios help investors to determine whether Boralex 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 Boralex with respect to the benefits of owning Boralex security.