Kent Cooney - Chicago Rivet Independent Director

CVR Stock  USD 18.85  0.36  1.95%   

Director

Mr. Kent H. Cooney is an Independent Director of Chicago River Machine Co since 2004.
Age 67
Tenure 20 years
Address 901 Frontenac Road, Naperville, IL, United States, 60563
Phone630 357 8500
Webhttps://www.chicagorivet.com
Cooney was Chief Financial Officer of Heldon Bay Limited Partnership for more than five years. He is also a member of the Board of Directors of Golden Eagle Community Bank since 2013. All of the shares listed as beneficially owned by Mr. Cooney are owned with sole voting and investment power.

Chicago Rivet Management Efficiency

The company has Return on Asset of (0.0878) % which means that on every $100 spent on assets, it lost $0.0878. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.1137) %, meaning that it generated no profit with money invested by stockholders. Chicago Rivet's management efficiency ratios could be used to measure how well Chicago Rivet manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/26/2024, Return On Tangible Assets is likely to grow to -0.15. In addition to that, Return On Capital Employed is likely to grow to -0.21. At this time, Chicago Rivet's Total Assets are relatively stable compared to the past year. As of 11/26/2024, Other Current Assets is likely to grow to about 1.3 M, while Non Currrent Assets Other are likely to drop (895.9 K).
Chicago Rivet Machine has 1.86 M in debt with debt to equity (D/E) ratio of 0.12, which may show that the company is not taking advantage of profits from borrowing. Chicago Rivet Machine has a current ratio of 8.02, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Chicago to invest in growth at high rates of return.

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Chicago Rivet Machine Co. operates in the fastener industry in North America. The company was founded in 1920 and is headquartered in Naperville, Illinois. Chicago Rivet operates under Tools Accessories classification in the United States and is traded on AMEX Exchange. It employs 201 people. Chicago Rivet Machine (CVR) is traded on NYSE MKT Exchange in USA. It is located in 901 Frontenac Road, Naperville, IL, United States, 60563 and employs 207 people. Chicago Rivet is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Chicago Rivet Machine Leadership Team

Elected by the shareholders, the Chicago Rivet's board of directors comprises two types of representatives: Chicago Rivet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Chicago. The board's role is to monitor Chicago Rivet's management team and ensure that shareholders' interests are well served. Chicago Rivet'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, Chicago Rivet's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Showel, Independent Director
William Divane, Independent Director
Joel Brown, Chief Officer
Michael Bourg, President, COO, Principal Financial Officer, Principal Accounting Officer, Treasurer, Director and Member of Executive Committee
William Stlaske, Vice Sales
Kent Cooney, Independent Director
Gregory Rizzo, CEO Director
Walter Morrissey, Chairman of the Board, Chief Executive Officer
Edward Chott, Independent Director
Kimberly Kirhofer, Secretary

Chicago 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 Chicago Rivet 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 Chicago Rivet

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 Chicago Rivet 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 Chicago Rivet will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Chicago Rivet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chicago Rivet 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 Chicago Rivet - 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 Chicago Rivet Machine to buy it.
The correlation of Chicago Rivet 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 Chicago Rivet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chicago Rivet Machine 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 Chicago Rivet 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

Additional Tools for Chicago Stock Analysis

When running Chicago Rivet's price analysis, check to measure Chicago Rivet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chicago Rivet is operating at the current time. Most of Chicago Rivet's value examination focuses on studying past and present price action to predict the probability of Chicago Rivet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chicago Rivet's price. Additionally, you may evaluate how the addition of Chicago Rivet to your portfolios can decrease your overall portfolio volatility.