Chis Lobato - Novation Hldgs VP Sales
NOHO Stock | USD 0.0001 0.00 0.00% |
Insider
Chis Lobato is VP Sales of Novation Hldgs
Phone | 212-618-1919 |
Web | https://www.dglsholdings.com |
Novation Hldgs Management Efficiency
The company has return on total asset (ROA) of (0.2224) % which means that it has lost $0.2224 on every $100 spent on assets. This is way below average. Novation Hldgs' management efficiency ratios could be used to measure how well Novation Hldgs manages its routine affairs as well as how well it operates its assets and liabilities.Management Performance
Return On Asset | -0.22 |
Novation Hldgs Leadership Team
Elected by the shareholders, the Novation Hldgs' board of directors comprises two types of representatives: Novation Hldgs inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Novation. The board's role is to monitor Novation Hldgs' management team and ensure that shareholders' interests are well served. Novation Hldgs' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Novation Hldgs' outside directors are responsible for providing unbiased perspectives on the board's policies.
Kirk Shields, Director Assurance | ||
Jeff Mack, VP Marketing | ||
Chis Lobato, VP Sales | ||
John Burke, Consulting Accountant | ||
Michael LLB, CEO Pres | ||
Luis Rodriguez, Chief Officer | ||
David Mayeux, Director Devel |
Novation 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 Novation Hldgs 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 Asset | -0.22 | |||
Operating Margin | (0.91) % | |||
Current Valuation | 746.99 K | |||
Shares Outstanding | 7.47 B | |||
Shares Owned By Insiders | 7.90 % | |||
Price To Earning | (0.05) X | |||
Price To Sales | 1.33 X | |||
Gross Profit | 198.81 K | |||
EBITDA | (449.88 K) | |||
Net Income | (215.75 K) |
Pair Trading with Novation Hldgs
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 Novation Hldgs 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 Novation Hldgs will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Novation Hldgs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Novation Hldgs 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 Novation Hldgs - 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 Novation Hldgs to buy it.
The correlation of Novation Hldgs 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 Novation Hldgs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Novation Hldgs 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 Novation Hldgs 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 Novation Pink Sheet
Novation Hldgs financial ratios help investors to determine whether Novation 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 Novation with respect to the benefits of owning Novation Hldgs security.