Denis Geoffroy - Nano One Chief Officer

NANO Stock   0.92  0.01  1.10%   

Insider

Denis Geoffroy is Chief Officer of Nano One Materials
Address 8575 Government Street, Burnaby, BC, Canada, V3N 4V1
Phone604-420-2041
Webhttps://nanoone.ca

Nano One Management Efficiency

The company has return on total asset (ROA) of (0.498) % which means that it has lost $0.498 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.9078) %, meaning that it generated substantial loss on money invested by shareholders. Nano One's management efficiency ratios could be used to measure how well Nano One manages its routine affairs as well as how well it operates its assets and liabilities. As of the 27th of December 2024, Return On Tangible Assets is likely to drop to -0.63. In addition to that, Return On Capital Employed is likely to grow to -0.64. At this time, Nano One's Fixed Asset Turnover is very stable compared to the past year. As of the 27th of December 2024, Asset Turnover is likely to grow to 0.31, while Other Assets are likely to drop 0.95.
Nano One Materials has accumulated 1.72 M in total debt. Debt can assist Nano One until it has trouble settling it off, either with new capital or with free cash flow. So, Nano One'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 Nano One Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nano to invest in growth at high rates of return. When we think about Nano One's use of debt, we should always consider it together with cash and equity.

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Nano One Materials (NANO) is traded on Toronto Exchange in Canada and employs 132 people. Nano One is listed under Specialty Chemicals category by Fama And French industry classification.

Management Performance

Nano One Materials Leadership Team

Elected by the shareholders, the Nano One's board of directors comprises two types of representatives: Nano One inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nano. The board's role is to monitor Nano One's management team and ensure that shareholders' interests are well served. Nano One'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, Nano One's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dan Blondal, CEO Founder
Paul Guedes, Director Markets
CFA MSC, Chief Officer
Pamela Kinsman, Director Affairs
Pierre Thibodeau, Senior Manager
Adam Johnson, Senior Affairs
CHRP BA, Senior Culture
BBA BBA, Chief Officer
Denis Geoffroy, Chief Officer
Stephen Campbell, Chief Officer

Nano 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 Nano One 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 Nano One

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

Moving against Nano Stock

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The ability to find closely correlated positions to Nano One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nano One 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 Nano One - 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 Nano One Materials to buy it.
The correlation of Nano One 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 Nano One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nano One Materials 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 Nano One 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

Other Information on Investing in Nano Stock

Nano One financial ratios help investors to determine whether Nano 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 Nano with respect to the benefits of owning Nano One security.