Phillip Duchamp - Black Dragon Chairman CEO
| BDGR Stock | USD 0.0001 0.00 0.00% |
Insider
Phillip Duchamp is Chairman CEO of Black Dragon Resource
| Phone | 214 418 6940 |
| Web | https://www.black-dragonoil.com |
Black Dragon Management Efficiency
The company has return on total asset (ROA) of (0.0567) % which means that it has lost $0.0567 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1684 %, meaning that it created $0.1684 on every $100 dollars invested by stockholders. Black Dragon's management efficiency ratios could be used to measure how well Black Dragon manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.17 | |||
| Return On Asset | -0.0567 |
Black Dragon Resource Leadership Team
Elected by the shareholders, the Black Dragon's board of directors comprises two types of representatives: Black Dragon inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Black. The board's role is to monitor Black Dragon's management team and ensure that shareholders' interests are well served. Black Dragon'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, Black Dragon's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Phillip Duchamp, Chairman CEO | ||
| Thomas Neely, S Pres |
Black 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 Black Dragon 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 | 0.17 | |||
| Return On Asset | -0.0567 | |||
| Profit Margin | 4.69 % | |||
| Operating Margin | (3.38) % | |||
| Current Valuation | 15.81 M | |||
| Shares Outstanding | 22.09 B | |||
| Price To Sales | 0.12 X | |||
| Revenue | 432.65 K | |||
| Gross Profit | (276.26 K) | |||
| EBITDA | (1.04 M) |
Pair Trading with Black Dragon
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 Black Dragon 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 Black Dragon will appreciate offsetting losses from the drop in the long position's value.Moving against Black Pink Sheet
The ability to find closely correlated positions to Black Dragon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Black Dragon 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 Black Dragon - 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 Black Dragon Resource to buy it.
The correlation of Black Dragon 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 Black Dragon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Black Dragon Resource 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 Black Dragon 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.Additional Tools for Black Pink Sheet Analysis
When running Black Dragon's price analysis, check to measure Black Dragon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Black Dragon is operating at the current time. Most of Black Dragon's value examination focuses on studying past and present price action to predict the probability of Black Dragon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Dragon's price. Additionally, you may evaluate how the addition of Black Dragon to your portfolios can decrease your overall portfolio volatility.