Steven Stein - Black Diamond President
| BDI Stock | CAD 8.68 0.02 0.23% |
President
Mr. Steven Stein is Director of the Company since 2016.
| Tenure | 8 years |
| Address | 440-2nd Avenue S.W., Calgary, AB, Canada, T2P 5E9 |
| Phone | 403 206 4747 |
| Web | https://www.blackdiamondgroup.com |
Black Diamond Management Efficiency
The company has return on total asset (ROA) of 0.0416 % which means that it generated a profit of $0.0416 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0849 %, meaning that it generated $0.0849 on every $100 dollars invested by stockholders. Black Diamond's management efficiency ratios could be used to measure how well Black Diamond manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Black Diamond's Return On Capital Employed is very stable compared to the past year. As of the 30th of November 2024, Return On Assets is likely to grow to 0.05, while Return On Tangible Assets are likely to drop 0.03. As of the 30th of November 2024, Return On Assets is likely to grow to 0.05, while Total Assets are likely to drop about 494.2 M.Similar Executives
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Management Performance
| Return On Equity | 0.0849 | ||||
| Return On Asset | 0.0416 |
Black Diamond Group Leadership Team
Elected by the shareholders, the Black Diamond's board of directors comprises two types of representatives: Black Diamond inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Black. The board's role is to monitor Black Diamond's management team and ensure that shareholders' interests are well served. Black Diamond'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, Black Diamond's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Ridley, Executive Solutions | ||
| Steven Stein, COO, Director and President of Black Diamond Logistics Inc | ||
| Robert Wagemakers, Lead Independent Director | ||
| ENG MBA, Ex Solutions | ||
| Patrick Melanson, Executive Vice President - Shared Services, Chief Information Officer | ||
| Toby CPA, Executive CFO | ||
| Robert Herdman, Independent Director | ||
| Toby Labrie, Chief Financial Officer, Executive Vice President | ||
| Barbara Kelley, Independent Director | ||
| Edward Redmond, Executive Vice President, Chief Operating Officer, Modular Space Solutions | ||
| Jason CFA, Investor Officer | ||
| Mike Ridley, Executive Vice President, Chief Operating Officer - Workforce Solutions | ||
| Trevor Haynes, Chairman of the Board, President, Chief Executive Officer | ||
| Edward Kernaghan, Independent Director | ||
| David Olsson, Independent Director |
Black 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 Black Diamond 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 | 0.0849 | ||||
| Return On Asset | 0.0416 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 786.35 M | ||||
| Shares Outstanding | 61.11 M | ||||
| Shares Owned By Insiders | 23.82 % | ||||
| Shares Owned By Institutions | 7.41 % | ||||
| Number Of Shares Shorted | 475.67 K | ||||
| Price To Earning | (1.34) X |
Pair Trading with Black Diamond
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 Black Diamond 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 Black Diamond will appreciate offsetting losses from the drop in the long position's value.Moving against Black Stock
| 0.83 | FFH | Fairfax Financial | PairCorr |
| 0.74 | FFH-PC | Fairfax Fin Hld | PairCorr |
| 0.7 | ELF | E L Financial | PairCorr |
| 0.58 | FFH-PF | Fairfax Financial | PairCorr |
| 0.57 | FFH-PH | Fairfax Financial | PairCorr |
The ability to find closely correlated positions to Black Diamond could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Black Diamond 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 Black Diamond - 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 Black Diamond Group to buy it.
The correlation of Black Diamond 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 Black Diamond moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Black Diamond Group 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 Black Diamond 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 Black Stock
Black Diamond financial ratios help investors to determine whether Black 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 Black with respect to the benefits of owning Black Diamond security.