Robert Egeland - Snoogoo Corp President

SGOO Stock  USD 0.0001  0.00  0.00%   

Executive

Robert Egeland is President of Snoogoo Corp
Phone877 745 5547
Webhttps://snoogoocorp.com

Snoogoo Corp Management Efficiency

The company has return on total asset (ROA) of (80.2111) % which means that it has lost $80.2111 on every $100 spent on assets. This is way below average. Snoogoo Corp's management efficiency ratios could be used to measure how well Snoogoo Corp manages its routine affairs as well as how well it operates its assets and liabilities.
Snoogoo Corp currently holds 83.09 K in liabilities. Debt can assist Snoogoo Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Snoogoo Corp'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 Snoogoo Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Snoogoo to invest in growth at high rates of return. When we think about Snoogoo Corp's use of debt, we should always consider it together with cash and equity.

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It intends to acquire a company either active in the green energy sector or one whose focus is on an aspect of sustainability. Snoogoo Corp. was incorporated in 2006 and is based in Scottsdale, Arizona. SNOOGOO CORP is traded on OTC Exchange in the United States. Snoogoo Corp [SGOO] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Snoogoo Corp Leadership Team

Elected by the shareholders, the Snoogoo Corp's board of directors comprises two types of representatives: Snoogoo Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Snoogoo. The board's role is to monitor Snoogoo Corp's management team and ensure that shareholders' interests are well served. Snoogoo Corp'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, Snoogoo Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Martin Nason, Interim Director
James Casey, VP of Technology and Sales and Director
Leonard Braumberger, Chief Officer
Robert Seaman, VP of Operations
Robert Egeland, President
Terry Neild, Chairman and CEO
Mindi Osborn, Chief Officer

Snoogoo 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 Snoogoo Corp 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 Snoogoo Corp

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 Snoogoo Corp 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 Snoogoo Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against Snoogoo Pink Sheet

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The ability to find closely correlated positions to Snoogoo Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Snoogoo Corp 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 Snoogoo Corp - 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 Snoogoo Corp to buy it.
The correlation of Snoogoo Corp 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 Snoogoo Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Snoogoo Corp 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 Snoogoo Corp 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 Snoogoo Pink Sheet

Snoogoo Corp financial ratios help investors to determine whether Snoogoo 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 Snoogoo with respect to the benefits of owning Snoogoo Corp security.