Danny Brannagan - Covalon Technologies CFO
| CVALF Stock | USD 0.77 0.03 3.75% |
CFO
Mr. Danny Brannagan is Chief Financial Officer of the Company. Mr. Brannagan was managing Covalon finance team since joining the company in November, 2014 since 2015.
| Tenure | 9 years |
| Phone | 905 568 8400 |
| Web | https://www.covalon.com |
Covalon Technologies Management Efficiency
The company has return on total asset (ROA) of (0.161) % which means that it has lost $0.161 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.3213) %, meaning that it generated substantial loss on money invested by shareholders. Covalon Technologies' management efficiency ratios could be used to measure how well Covalon Technologies manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 2 records | CFO Age | ||
| MD CFA | Protagenic Therapeutics | 53 | |
| Alexander Arrow | Protagenic Therapeutics | 46 | |
Management Performance
| Return On Equity | -0.32 | |||
| Return On Asset | -0.16 |
Covalon Technologies Leadership Team
Elected by the shareholders, the Covalon Technologies' board of directors comprises two types of representatives: Covalon Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Covalon. The board's role is to monitor Covalon Technologies' management team and ensure that shareholders' interests are well served. Covalon Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Covalon Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Elinor Caplan, Director | ||
| Murray Miller, Independent Director | ||
| Simon Smith, Chief Ltd | ||
| John Hands, Sr. Director of Global Marketing | ||
| Kim Crooks, VP of Operations | ||
| Ron Hebert, VP Marketing | ||
| Gale Pollock, Director | ||
| Greg Leszczynski, VP HR | ||
| Jeffrey Mandel, Independent Director | ||
| Hamed Abbasian, VP Devel | ||
| Ian Brindle, Director | ||
| Elaine Zhang, VP Operations | ||
| Myrna Francis, Independent Director | ||
| Mark Doolittle, VP Sales | ||
| Joseph Cordiano, Independent Director | ||
| Valerio DiTizio, Co-Founder and Chief Science Officer | ||
| Ronald Smith, Director | ||
| Danny Brannagan, CFO | ||
| Brian Pedlar, CEO and President and Director | ||
| John Suk, Director | ||
| Gerry Arambula, Pres Ltd | ||
| Jason Gorel, Interim Officer | ||
| Abe Schwartz, Chairman of The Board, Advisor and Member of Audit Committee | ||
| Martin Bernholtz, Independent Director |
Covalon Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Covalon Technologies 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 | -0.32 | |||
| Return On Asset | -0.16 | |||
| Profit Margin | (0.53) % | |||
| Operating Margin | (0.50) % | |||
| Current Valuation | 35.37 M | |||
| Shares Outstanding | 25.07 M | |||
| Shares Owned By Insiders | 56.60 % | |||
| Price To Earning | 37.95 X | |||
| Price To Book | 2.12 X | |||
| Price To Sales | 2.30 X |
Pair Trading with Covalon Technologies
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 Covalon Technologies 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 Covalon Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Covalon OTC Stock
| 0.52 | MMM | 3M Company Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Covalon Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Covalon Technologies 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 Covalon Technologies - 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 Covalon Technologies to buy it.
The correlation of Covalon Technologies 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 Covalon Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Covalon Technologies 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 Covalon Technologies 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 Covalon Technologies. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Covalon OTC Stock analysis
When running Covalon Technologies' price analysis, check to measure Covalon Technologies' 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 Covalon Technologies is operating at the current time. Most of Covalon Technologies' value examination focuses on studying past and present price action to predict the probability of Covalon Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Covalon Technologies' price. Additionally, you may evaluate how the addition of Covalon Technologies to your portfolios can decrease your overall portfolio volatility.
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