Joseph Bianco - Ambase Corp Treasurer
| ABCP Stock | USD 0.21 0.00 0.00% |
Executive
Mr. Joseph R. Bianco serves as Treasurer of AmBase Corporationrationsince January 1998. He has dedicated his career to the financial services and investment industry. Prior to his employment with the Company in 1996, he worked for Merrill Lynch Co. as Vice President, responsible for Sales and Marketing in the Merrill Global Securities Clearing from 1983 to 1996. Mr. Joseph R. Bianco and Mr. Richard A. Bianco are related. since 1998.
| Age | 78 |
| Tenure | 26 years |
| Professional Marks | MBA |
| Phone | 201 265 0169 |
Ambase Corp Management Efficiency
The company has return on total asset (ROA) of (0.9235) % which means that it has lost $0.9235 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (2.4596) %, meaning that it created substantial loss on money invested by shareholders. Ambase Corp's management efficiency ratios could be used to measure how well Ambase Corp manages its routine affairs as well as how well it operates its assets and liabilities. Previously, it invested in a real estate development property. The company was incorporated in 1975 and is headquartered in Coral Springs, Florida. AMBASE CORP operates under Real Estate Services classification in the United States and is traded on OTC Exchange. It employs 4 people. Ambase Corp [ABCP] is a Pink Sheet which is traded between brokers over the counter.Management Performance
| Return On Equity | -2.46 | |||
| Return On Asset | -0.92 |
Ambase Corp Management Team
Elected by the shareholders, the Ambase Corp's board of directors comprises two types of representatives: Ambase Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ambase. The board's role is to monitor Ambase Corp's management team and ensure that shareholders' interests are well served. Ambase 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, Ambase Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Joseph Bianco, Treasurer | ||
| Richard Bianco, Chairman, CEO and Pres | ||
| John Ferrara, CFO, Principal Accounting Officer, VP, Secretary and Controller |
Ambase 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 Ambase 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.
| Return On Equity | -2.46 | |||
| Return On Asset | -0.92 | |||
| Current Valuation | 2.12 M | |||
| Shares Outstanding | 40.74 M | |||
| Shares Owned By Insiders | 41.86 % | |||
| Shares Owned By Institutions | 1.86 % | |||
| Price To Earning | 56.25 X | |||
| Price To Book | 12.74 X | |||
| Gross Profit | (15 K) | |||
| EBITDA | (5.21 M) |
Pair Trading with Ambase 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 Ambase 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 Ambase Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Ambase Pink Sheet
| 0.63 | HNRC | Houston Natural Resources | PairCorr |
| 0.43 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
The ability to find closely correlated positions to Ambase 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 Ambase 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 Ambase 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 Ambase Corp to buy it.
The correlation of Ambase 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 Ambase Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ambase 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 Ambase 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ambase Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Ambase Corp information on this page should be used as a complementary analysis to other Ambase Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Ambase Pink Sheet analysis
When running Ambase Corp's price analysis, check to measure Ambase Corp'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 Ambase Corp is operating at the current time. Most of Ambase Corp's value examination focuses on studying past and present price action to predict the probability of Ambase Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ambase Corp's price. Additionally, you may evaluate how the addition of Ambase Corp to your portfolios can decrease your overall portfolio volatility.
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