J Lawrence - WellTek Incorporated Pres Entertainment
| WTKN Stock | USD 0.0001 0.00 0.00% |
Insider
J Lawrence is Pres Entertainment of WellTek Incorporated
| Phone | 888 497 5494 |
| Web | https://www.clss.tv |
WellTek Incorporated Management Efficiency
The company has return on total asset (ROA) of (0.6346) % which means that it has lost $0.6346 on every $100 spent on assets. This is way below average. WellTek Incorporated's management efficiency ratios could be used to measure how well WellTek Incorporated manages its routine affairs as well as how well it operates its assets and liabilities.Management Performance
| Return On Asset | -0.63 |
WellTek Incorporated Leadership Team
Elected by the shareholders, the WellTek Incorporated's board of directors comprises two types of representatives: WellTek Incorporated inside directors who are chosen from within the company, and outside directors, selected externally and held independent of WellTek. The board's role is to monitor WellTek Incorporated's management team and ensure that shareholders' interests are well served. WellTek Incorporated'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, WellTek Incorporated's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Szporka, Principal CFO | ||
| J Lawrence, Pres Entertainment | ||
| Darryl Sanders, Chief Officer | ||
| Vladimir Kravchenko, Pres and Director | ||
| Peter Sidorenko, Sr. VP |
WellTek 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 WellTek Incorporated 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 | -0.63 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.18 % | |||
| Current Valuation | 59.41 K | |||
| Shares Outstanding | 5.4 M | |||
| Price To Earning | (0.01) X | |||
| Price To Sales | 0.04 X | |||
| Revenue | 2.54 M | |||
| Gross Profit | 33.25 K | |||
| EBITDA | (1.2 M) |
Pair Trading with WellTek Incorporated
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 WellTek Incorporated 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 WellTek Incorporated will appreciate offsetting losses from the drop in the long position's value.Moving together with WellTek Pink Sheet
Moving against WellTek Pink Sheet
The ability to find closely correlated positions to WellTek Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WellTek Incorporated 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 WellTek Incorporated - 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 WellTek Incorporated to buy it.
The correlation of WellTek Incorporated 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 WellTek Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WellTek Incorporated 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 WellTek Incorporated 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 WellTek Pink Sheet
WellTek Incorporated financial ratios help investors to determine whether WellTek 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 WellTek with respect to the benefits of owning WellTek Incorporated security.