Marius Hermansen - Avance Gas Director

AVACF Stock  USD 15.00  0.30  2.04%   

Director

Marius Hermansen is Director of Avance Gas Holding since 2018.
Age 37
Tenure 6 years
Phone472 200 4800
Webhttps://www.avancegas.com

Avance Gas Management Efficiency

The company has return on total asset (ROA) of 0.0433 % which means that it generated a profit of $0.0433 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1108 %, meaning that it generated $0.1108 on every $100 dollars invested by stockholders. Avance Gas' management efficiency ratios could be used to measure how well Avance Gas manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 269.75 M in total debt with debt to equity ratio (D/E) of 0.86, which is about average as compared to similar companies. Avance Gas Holding has a current ratio of 4.51, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Avance Gas until it has trouble settling it off, either with new capital or with free cash flow. So, Avance Gas' 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 Avance Gas Holding sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avance to invest in growth at high rates of return. When we think about Avance Gas' use of debt, we should always consider it together with cash and equity.

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Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas . The company was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas is traded on OTC Exchange in the United States. Avance Gas Holding [AVACF] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Avance Gas Holding Leadership Team

Elected by the shareholders, the Avance Gas' board of directors comprises two types of representatives: Avance Gas inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Avance. The board's role is to monitor Avance Gas' management team and ensure that shareholders' interests are well served. Avance Gas' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Avance Gas' outside directors are responsible for providing unbiased perspectives on the board's policies.
Goril Gleditsch, Technical Manager
Steffen Andersen, VP of Chartering and Projects
Marius Hermansen, Director
Jannicke Eilertsen, Legal Officer
Randi Bekkelund, Chief Officer
Jan KastrupNielsen, Director
Peder Simonsen, CFO
James Ayers, Sec
Kenneth Aasvang, Operations Manager
Jan Engelhardtsen, Director
Francois Sunier, Director
Christian Andersen, President
Captain Aasvang, Head Operations
Erling Lind, Director
Oystein Kalleklev, Ex Chairman
Hanne Isaksen, Financial Controller
Kate Blankenship, Director
Niels StoltNielsen, Chairman of the Board

Avance 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 Avance Gas 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 Avance Gas

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 Avance Gas 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 Avance Gas will appreciate offsetting losses from the drop in the long position's value.

Moving together with Avance Pink Sheet

  0.79TRP-PB TC Energy CorpPairCorr
  0.73TRP-PC TC Energy CorpPairCorr

Moving against Avance Pink Sheet

  0.69AGCB Altimeter Growth 2PairCorr
  0.64AMPH Amphastar P Financial Report 14th of May 2024 PairCorr
The ability to find closely correlated positions to Avance Gas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avance Gas 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 Avance Gas - 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 Avance Gas Holding to buy it.
The correlation of Avance Gas 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 Avance Gas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avance Gas Holding 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 Avance Gas 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
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avance Gas Holding. 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 Avance Gas Holding information on this page should be used as a complementary analysis to other Avance Gas' 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Avance Gas' price analysis, check to measure Avance Gas' 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 Avance Gas is operating at the current time. Most of Avance Gas' value examination focuses on studying past and present price action to predict the probability of Avance Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avance Gas' price. Additionally, you may evaluate how the addition of Avance Gas to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Avance Gas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Avance Gas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avance Gas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.