Ulf Quellmann - Turquoise Hill Chief Executive Officer, Director

CEO

Mr. Ulf Quellmann is Chief Executive Officer of the Company. Mr. Quellmann was appointed Chief Executive Officer of Turquoise Hill on August 1, 2018. Previously, he was Vice President, Strategic Projects, Copper and Diamonds at Rio Tinto. Before this appointment, he was Chief Financial Officer, Copper and Diamonds at Rio Tinto from 2016 to 2018. Prior to this, he was Group Treasurer at Rio Tinto. Before joining Rio Tinto in 2008, Mr. Quellmann was with Alcan, based in Montreal, and with General Motors in both New York and London since 2018.
Age 53
Tenure 6 years
Professional MarksMBA
Phone514 848 1567
Webhttps://turquoisehill.com
Quellmann holds an MBA from the London Business School and is also a nonexecutive director on the board of Spectris plc, a public company listed on the London Stock Exchange.

Turquoise Hill Management Efficiency

The company has Return on Asset of 0.0225 % which means that on every $100 spent on assets, it made $0.0225 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0746 %, implying that it generated $0.0746 on every 100 dollars invested. Turquoise Hill's management efficiency ratios could be used to measure how well Turquoise Hill manages its routine affairs as well as how well it operates its assets and liabilities.
Turquoise Hill Resources has 3.79 B in debt with debt to equity (D/E) ratio of 0.43, which is OK given its current industry classification. Turquoise Hill Resources has a current ratio of 0.66, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Turquoise to invest in growth at high rates of return.

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Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. Turquoise Hill Resources Ltd. operates as a subsidiary of Rio Tinto Group. Turquoise Hill operates under Copper classification in the United States and is traded on New York Stock Exchange. It employs 3478 people. Turquoise Hill Resources (TRQ) is traded on New York Stock Exchange in USA and employs 3,478 people.

Management Performance

Turquoise Hill Resources Leadership Team

Elected by the shareholders, the Turquoise Hill's board of directors comprises two types of representatives: Turquoise Hill inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Turquoise. The board's role is to monitor Turquoise Hill's management team and ensure that shareholders' interests are well served. Turquoise Hill'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, Turquoise Hill's outside directors are responsible for providing unbiased perspectives on the board's policies.
Luke Colton, Chief Financial Officer
Alfred Grigg, Director
CMA BA, Interim Director
Dustin Isaacs, Vice-President, General Counsel and Corporate Secretary
Alfie Grigg, Director
Maryse SaintLaurent, Independent Director
George Burns, Independent Director
JoAnne Dudley, Chief Operating Officer
Ulf Quellmann, Chief Executive Officer, Director
Steve Thibeault, Interim Chief Executive Officer, Director
Stephen Jones, Director
Roy McDowall, IR Contact Officer
Alan Chirgwin, Director
Maryse Laurent, Independent Director
Russel Robertson, Independent Director
R Gillin, Independent Chairman of the Board

Turquoise 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 Turquoise Hill 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 Turquoise Hill

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

Moving against Turquoise Stock

  0.39GCMGW GCM GrosvenorPairCorr
  0.33TLKMF Telkom Indonesia TbkPairCorr
The ability to find closely correlated positions to Turquoise Hill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Turquoise Hill 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 Turquoise Hill - 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 Turquoise Hill Resources to buy it.
The correlation of Turquoise Hill 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 Turquoise Hill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Turquoise Hill Resources 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 Turquoise Hill 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 World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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Other Consideration for investing in Turquoise Stock

If you are still planning to invest in Turquoise Hill Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Turquoise Hill's history and understand the potential risks before investing.
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