Alan Friedman - Eco Oil Director

ECAOF Stock  USD 0.10  0.01  9.09%   

Director

Mr. Alan Mark Friedman is Executive Vice President, Corporationrationrate Secretary, Director of the Company of Eco Oil Gas Ltd. He serves as the Director and cofounder of both Auryx Gold Ltd., a gold exploration company with assets in Namibia, which recently, conditionally concluded a business transaction with B2 Gold Corporationration and Adira Energy Ltd., an oil and gas exploration company with assets offshore Israel. Mr. Friedman also sits on the Board of Directors of the Canada Southern Africa Chamber of Business. since 2015.
Age 45
Tenure 9 years
Phone416-250-1955
Webhttps://www.ecooilandgas.com

Eco Oil Management Efficiency

The company has return on total asset (ROA) of (0.2718) % which means that it has lost $0.2718 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.5138) %, meaning that it generated substantial loss on money invested by shareholders. Eco Oil's management efficiency ratios could be used to measure how well Eco Oil manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 357.44 K in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. Eco Oil Gas has a current ratio of 6.94, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Eco Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Eco Oil'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 Eco Oil Gas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eco to invest in growth at high rates of return. When we think about Eco Oil's use of debt, we should always consider it together with cash and equity.

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Eco Oil Gas Ltd. engages in the identification, acquisition, exploration, and development of the petroleum, natural gas, and shale gas properties in the Republic of Namibia and the Co-Operative Republic of Guyana. Eco Oil Gas Ltd. is headquartered in Toronto, Canada. Eco Atlantic is traded on OTC Exchange in the United States. Eco Oil Gas [ECAOF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

Eco Oil Gas Leadership Team

Elected by the shareholders, the Eco Oil's board of directors comprises two types of representatives: Eco Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eco. The board's role is to monitor Eco Oil's management team and ensure that shareholders' interests are well served. Eco Oil'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, Eco Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
BCom Bcomm, Corp VP
Alice Carroll, Head IR
Helmut Angula, Independent Director
Gil Holzman, CEO and President Executive Director and Member of African Relations Committee
Moshe Peterburg, Independent Chairman of the Board
Keith Hill, Non-Executive Director
BCom BComm, Chief Officer
BA BSc, Consultant
Alan Friedman, Executive VP, Corporate Secretary and Executive Director
Peter Nicol, Independent Director
Charlotte Dilks, IR Contact Officer
Alan Rootenberg, CFO
Colin Kinley, COO and Executive Director

Eco 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 Eco Oil 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.
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 Eco Oil 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, Eco Oil's short interest history, or implied volatility extrapolated from Eco Oil options trading.

Pair Trading with Eco Oil

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 Eco Oil 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 Eco Oil will appreciate offsetting losses from the drop in the long position's value.

Moving against Eco Pink Sheet

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The ability to find closely correlated positions to Eco Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eco Oil 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 Eco Oil - 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 Eco Oil Gas to buy it.
The correlation of Eco Oil 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 Eco Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eco Oil Gas 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 Eco Oil 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eco Oil Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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