BCom BComm - Blue Ribbon President CEO

RBN-UN Stock  CAD 8.52  0.04  0.47%   

CEO

BCom BComm is President CEO of Blue Ribbon Income
Address 150 York Street, Toronto, ON, Canada, M5H 3S5
Phone416 861 9941
Webhttps://www.bromptongroup.com/funds/fund/rbn/overv

Blue Ribbon Management Efficiency

The company has return on total asset (ROA) of 0.0754 % which means that it generated a profit of $0.0754 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1212 %, meaning that it generated $0.1212 on every $100 dollars invested by stockholders. Blue Ribbon's management efficiency ratios could be used to measure how well Blue Ribbon manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.1, whereas Return On Tangible Assets are forecasted to decline to 0.05. The current year's Net Tangible Assets is expected to grow to about 90 M, whereas Total Assets are forecasted to decline to about 63.8 M.
Blue Ribbon Income has accumulated 475.05 K in total debt. Blue Ribbon Income has a current ratio of 1.9, which is within standard range for the sector. Debt can assist Blue Ribbon until it has trouble settling it off, either with new capital or with free cash flow. So, Blue Ribbon's 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 Blue Ribbon Income sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Blue to invest in growth at high rates of return. When we think about Blue Ribbon's use of debt, we should always consider it together with cash and equity.
Blue Ribbon Income Fund is a closed-ended equity mutual fund launched and managed by Bloom Investment Counsel, Inc. Blue Ribbon Income Fund was formed on September 16, 1997 and is domiciled in Canada. BLUE RIBBON operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange. Blue Ribbon Income (RBN-UN) is traded on Toronto Exchange in Canada and employs 5 people. Blue Ribbon is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Blue Ribbon Income Leadership Team

Elected by the shareholders, the Blue Ribbon's board of directors comprises two types of representatives: Blue Ribbon inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Blue. The board's role is to monitor Blue Ribbon's management team and ensure that shareholders' interests are well served. Blue Ribbon'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, Blue Ribbon's outside directors are responsible for providing unbiased perspectives on the board's policies.
BA BA, CFO Ltd
Bruce Atchison, Portfolio Manager
BCom BComm, President CEO
Kaan Oran, Portfolio Manager
Barbara Smith, Portfolio Manager

Blue 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 Blue Ribbon 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 Blue Ribbon

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

Blue Ribbon financial ratios help investors to determine whether Blue 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 Blue with respect to the benefits of owning Blue Ribbon security.