Andrew BSc - Ardea Resources MD CEO
| ARRRF Stock | USD 0.41 0.01 2.38% |
Insider
Andrew BSc is MD CEO of Ardea Resources Limited
| Phone | 61 8 6244 5136 |
| Web | https://www.ardearesources.com.au |
Ardea Resources Management Efficiency
The company has return on total asset (ROA) of (0.0301) % which means that it has lost $0.0301 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1264) %, meaning that it generated substantial loss on money invested by shareholders. Ardea Resources' management efficiency ratios could be used to measure how well Ardea Resources manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 8 records | INSIDER Age | ||
| LLB BA | IGO Limited | N/A | |
| ACA AGIA | IGO Limited | 48 | |
| Sc CAHRI | IGO Limited | N/A | |
| Andre Mbeng | LithiumBank Resources Corp | N/A | |
| Richard Glass | IGO Limited | N/A | |
| CPA CGA | LithiumBank Resources Corp | 54 | |
| Matt MAIG | IGO Limited | N/A | |
| Robert Shewchuk | LithiumBank Resources Corp | 46 | |
Management Performance
| Return On Equity | -0.13 | |||
| Return On Asset | -0.0301 |
Ardea Resources Leadership Team
Elected by the shareholders, the Ardea Resources' board of directors comprises two types of representatives: Ardea Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ardea. The board's role is to monitor Ardea Resources' management team and ensure that shareholders' interests are well served. Ardea Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ardea Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Andrew BSc, MD CEO | ||
| BBus CPA, Chief Officer | ||
| BSc BSc, Technical Director | ||
| Alex Mukherji, Gen Compliance | ||
| Matthew BSc, Gen Exploration |
Ardea 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 Ardea Resources 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 | -0.13 | |||
| Return On Asset | -0.0301 | |||
| Operating Margin | (93.76) % | |||
| Current Valuation | 81.99 M | |||
| Shares Outstanding | 171.5 M | |||
| Shares Owned By Insiders | 24.23 % | |||
| Shares Owned By Institutions | 0.59 % | |||
| Price To Book | 3.11 X | |||
| Price To Sales | 4,538 X | |||
| Revenue | 22.24 K |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ardea Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ardea Resources' short interest history, or implied volatility extrapolated from Ardea Resources options trading.
Pair Trading with Ardea Resources
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 Ardea Resources 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 Ardea Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Ardea Pink Sheet
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| 0.5 | PTAIY | Astra International Tbk | PairCorr |
The ability to find closely correlated positions to Ardea Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ardea Resources 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 Ardea Resources - 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 Ardea Resources Limited to buy it.
The correlation of Ardea Resources 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 Ardea Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ardea Resources 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 Ardea Resources 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 Ardea Resources Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Ardea Pink Sheet analysis
When running Ardea Resources' price analysis, check to measure Ardea Resources' 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 Ardea Resources is operating at the current time. Most of Ardea Resources' value examination focuses on studying past and present price action to predict the probability of Ardea Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ardea Resources' price. Additionally, you may evaluate how the addition of Ardea Resources to your portfolios can decrease your overall portfolio volatility.
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