Abel Sierra - IGEN Networks COO Director

IGEN Stock  USD 0.0001  0.00  0.00%   

Insider

Abel Sierra is COO Director of IGEN Networks Corp
Age 50
Phone855 912 5378
Webhttps://www.igen-networks.com

IGEN Networks Management Efficiency

The company has return on total asset (ROA) of (2.8264) % which means that it has lost $2.8264 on every $100 spent on assets. This is way below average. IGEN Networks' management efficiency ratios could be used to measure how well IGEN Networks manages its routine affairs as well as how well it operates its assets and liabilities.
IGEN Networks Corp currently holds 152.15 K in liabilities with Debt to Equity (D/E) ratio of 0.18, which may suggest the company is not taking enough advantage from borrowing. IGEN Networks Corp has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist IGEN Networks until it has trouble settling it off, either with new capital or with free cash flow. So, IGEN Networks' 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 IGEN Networks Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for IGEN to invest in growth at high rates of return. When we think about IGEN Networks' use of debt, we should always consider it together with cash and equity.

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IGEN Networks Corp. develops and markets software services for the automotive and fleet management industry in the United States. IGEN Networks Corp. was incorporated in 2006 and is headquartered in Lake Elsinore, California. IGEN NETWORKS operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 10 people. IGEN Networks Corp [IGEN] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

IGEN Networks Corp Leadership Team

Elected by the shareholders, the IGEN Networks' board of directors comprises two types of representatives: IGEN Networks inside directors who are chosen from within the company, and outside directors, selected externally and held independent of IGEN. The board's role is to monitor IGEN Networks' management team and ensure that shareholders' interests are well served. IGEN Networks' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, IGEN Networks' outside directors are responsible for providing unbiased perspectives on the board's policies.
Abel Sierra, COO Director
Neil Chan, CEO and President and Director

IGEN Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is IGEN Networks 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 IGEN Networks

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 IGEN Networks 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 IGEN Networks will appreciate offsetting losses from the drop in the long position's value.

Moving against IGEN Pink Sheet

  0.33UBER Uber TechnologiesPairCorr
The ability to find closely correlated positions to IGEN Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IGEN Networks 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 IGEN Networks - 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 IGEN Networks Corp to buy it.
The correlation of IGEN Networks 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 IGEN Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IGEN Networks Corp 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 IGEN Networks 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 IGEN Pink Sheet

IGEN Networks financial ratios help investors to determine whether IGEN Pink Sheet 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 IGEN with respect to the benefits of owning IGEN Networks security.