Jan Harrit - PARKEN Sport Ex CEO
| PARKEN Stock | DKK 120.50 0.50 0.41% |
CEO
Mr. Jan Ulrik Harrit was Chief Executive Officer at PARKEN SPORT ENTERTAINMENT AS since January 16, 2018. He is also CEO of Lalandia. since 2018.
| Age | 58 |
| Tenure | 6 years |
| Phone | 45 35 43 31 31 |
| Web | https://www.parken.dk |
PARKEN Sport Management Efficiency
The company has return on total asset (ROA) of 0.0386 % which means that it generated a profit of $0.0386 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1298 %, meaning that it generated $0.1298 on every $100 dollars invested by stockholders. PARKEN Sport's management efficiency ratios could be used to measure how well PARKEN Sport manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 1 records | CEO Age | ||
| Anders Dam | Jyske Bank AS | 67 | |
Management Performance
| Return On Equity | 0.13 | |||
| Return On Asset | 0.0386 |
PARKEN Sport Enterta Leadership Team
Elected by the shareholders, the PARKEN Sport's board of directors comprises two types of representatives: PARKEN Sport inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PARKEN. The board's role is to monitor PARKEN Sport's management team and ensure that shareholders' interests are well served. PARKEN Sport'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, PARKEN Sport's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jacob Lauesen, Member Board | ||
| Jan Harrit, Ex CEO |
PARKEN 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 PARKEN Sport 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 | 0.13 | |||
| Return On Asset | 0.0386 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.16 % | |||
| Current Valuation | 1.93 B | |||
| Shares Outstanding | 9.77 M | |||
| Shares Owned By Insiders | 73.23 % | |||
| Shares Owned By Institutions | 0.64 % | |||
| Price To Earning | 14.21 X | |||
| Price To Book | 0.79 X |
Pair Trading with PARKEN Sport
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 PARKEN Sport 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 PARKEN Sport will appreciate offsetting losses from the drop in the long position's value.Moving against PARKEN Stock
The ability to find closely correlated positions to PARKEN Sport could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PARKEN Sport 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 PARKEN Sport - 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 PARKEN Sport Entertainment to buy it.
The correlation of PARKEN Sport 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 PARKEN Sport moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PARKEN Sport Enterta 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 PARKEN Sport 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 PARKEN Stock
PARKEN Sport financial ratios help investors to determine whether PARKEN 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 PARKEN with respect to the benefits of owning PARKEN Sport security.