Blake Sr - Golden Entertainment Chairman CEO
| GDEN Stock | USD 33.69 0.37 1.09% |
Insider
Blake Sr is Chairman CEO of Golden Entertainment
| Age | 65 |
| Address | 6595 South Jones Boulevard, Las Vegas, NV, United States, 89118 |
| Phone | 702 893 7777 |
| Web | https://www.goldenent.com |
Golden Entertainment Management Efficiency
The company has return on total asset (ROA) of 0.025 % which means that it generated a profit of $0.025 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0725 %, meaning that it created $0.0725 on every $100 dollars invested by stockholders. Golden Entertainment's management efficiency ratios could be used to measure how well Golden Entertainment manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to 0.20. Also, Return On Capital Employed is likely to grow to 0.33. At this time, Golden Entertainment's Return On Tangible Assets are very stable compared to the past year. As of the 22nd of November 2024, Intangibles To Total Assets is likely to grow to 0.14, while Non Currrent Assets Other are likely to drop about 9.1 M.Similar Executives
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Management Performance
| Return On Equity | 0.0725 | ||||
| Return On Asset | 0.025 |
Golden Entertainment Leadership Team
Elected by the shareholders, the Golden Entertainment's board of directors comprises two types of representatives: Golden Entertainment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Golden. The board's role is to monitor Golden Entertainment's management team and ensure that shareholders' interests are well served. Golden Entertainment'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, Golden Entertainment's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Phyllis Gilland, General Counsel | ||
| Stephen Arcana, COO and Executive VP | ||
| Blake Sr, Chairman CEO | ||
| Blake II, Executive Operations | ||
| Terry Contreras, CFO of Red Hawk Casino | ||
| Thomas Haas, Senior Vice President of Accounting | ||
| Charles Protell, Executive Vice President Chief Strategy Officer, CFO |
Golden 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 Golden Entertainment 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 | 0.0725 | ||||
| Return On Asset | 0.025 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 1.34 B | ||||
| Shares Outstanding | 27.43 M | ||||
| Shares Owned By Insiders | 26.78 % | ||||
| Shares Owned By Institutions | 73.43 % | ||||
| Number Of Shares Shorted | 733.51 K | ||||
| Price To Earning | 12.88 X |
Pair Trading with Golden Entertainment
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 Golden Entertainment 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 Golden Entertainment will appreciate offsetting losses from the drop in the long position's value.Moving together with Golden Stock
Moving against Golden Stock
The ability to find closely correlated positions to Golden Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Entertainment 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 Golden Entertainment - 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 Golden Entertainment to buy it.
The correlation of Golden Entertainment 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 Golden Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Entertainment 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 Golden Entertainment 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Golden Stock, please use our How to Invest in Golden Entertainment guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Entertainment. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Dividend Share 0.75 | Earnings Share 1.31 | Revenue Per Share 25.663 | Quarterly Revenue Growth (0.37) |
The market value of Golden Entertainment is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Golden Entertainment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Entertainment's market value can be influenced by many factors that don't directly affect Golden Entertainment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Entertainment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.