Evan Chen - Enablence Technologies CEO
| ENA Stock | CAD 0.70 0.15 17.65% |
CEO
Mr. Evan Chen is Director of the company. he was Chief Executive Officer of Enablence Technologies Inc. Mr. Chen has a number of years of experience in the photonics industry and his role will be to provide strategy planning, guidance and assistance to the Company in product development, resource planning and market development. since 2019.
| Tenure | 5 years |
| Address | 390 March Road, Ottawa, ON, Canada, K2K 0G7 |
| Phone | 613 656 2850 |
| Web | https://www.enablence.com |
Enablence Technologies Management Efficiency
The company has return on total asset (ROA) of (2.5101) % which means that it has lost $2.5101 on every $100 spent on assets. This is way below average. Enablence Technologies' management efficiency ratios could be used to measure how well Enablence Technologies manages its routine affairs as well as how well it operates its assets and liabilities. Total Assets is likely to drop to about 3.4 M in 2024. Net Tangible Assets is likely to drop to about (9.3 M) in 2024Management Performance
| Return On Asset | -2.51 |
Enablence Technologies Leadership Team
Elected by the shareholders, the Enablence Technologies' board of directors comprises two types of representatives: Enablence Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Enablence. The board's role is to monitor Enablence Technologies' management team and ensure that shareholders' interests are well served. Enablence 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, Enablence Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ashok Balakrishnan, Director of Product Devel. | ||
| Serge Bidnyk, Director of Research and Design | ||
| Evan Chen, CEO | ||
| Ming Xu, Director | ||
| Shengyin Zhu, Director | ||
| Derek Burney, Chairman of the Board | ||
| Paul Rowland, Chief Officer | ||
| Dan Shmitt, Director | ||
| Tim Klug, Chief Officer | ||
| Zhiyin Gao, Director | ||
| Jim Seto, Director | ||
| Tao Zhang, CFO, Director and Member of Compensation Committee | ||
| Chen Zheng, Director China | ||
| Ksenia Yadav, Optoelectronics Engineer | ||
| Louis Jong, Chairman of the Board | ||
| Gerald Leahy, Interim CFO, Treasurer | ||
| John Roland, Director | ||
| Todd Haugen, Chief Officer | ||
| Stan Besko, Chief Officer | ||
| Steve Wang, CEO |
Enablence Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Enablence 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.
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 Enablence Technologies 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, Enablence Technologies' short interest history, or implied volatility extrapolated from Enablence Technologies options trading.
Pair Trading with Enablence 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 Enablence 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 Enablence Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Enablence Stock
| 0.59 | MNT | Royal Canadian Mint | PairCorr |
| 0.57 | IVN | Ivanhoe Mines Earnings Call This Week | PairCorr |
| 0.51 | CYB | Cymbria | PairCorr |
The ability to find closely correlated positions to Enablence 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 Enablence 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 Enablence 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 Enablence Technologies to buy it.
The correlation of Enablence 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 Enablence Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enablence 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 Enablence 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enablence Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Enablence Stock analysis
When running Enablence Technologies' price analysis, check to measure Enablence 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 Enablence Technologies is operating at the current time. Most of Enablence Technologies' value examination focuses on studying past and present price action to predict the probability of Enablence Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enablence Technologies' price. Additionally, you may evaluate how the addition of Enablence Technologies to your portfolios can decrease your overall portfolio volatility.
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