Dan Costello - BioRem Director Operations

BRM Stock  CAD 2.01  0.05  2.43%   

Insider

Dan Costello is Director Operations of BioRem Inc
Address 7496 Wellington Road 34, Puslinch, ON, Canada, N0B 2J0
Phone519-767-9100
Webhttps://www.biorem.biz

BioRem Management Efficiency

The company has return on total asset (ROA) of 0.0861 % which means that it generated a profit of $0.0861 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3878 %, meaning that it generated $0.3878 on every $100 dollars invested by stockholders. BioRem's management efficiency ratios could be used to measure how well BioRem manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.1 in 2024. Return On Capital Employed is likely to climb to 0.32 in 2024. At this time, BioRem's Other Current Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 3.8 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 1.9 M in 2024.
The company has accumulated 4.19 M in total debt with debt to equity ratio (D/E) of 1.05, which is about average as compared to similar companies. BioRem Inc has a current ratio of 2.2, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist BioRem until it has trouble settling it off, either with new capital or with free cash flow. So, BioRem'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 BioRem Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BioRem to invest in growth at high rates of return. When we think about BioRem's use of debt, we should always consider it together with cash and equity.
BIOREM Inc., an environmental biotechnology company, designs, manufactures, and sells air emissions control systems that are used to eliminate odors, volatile organic compounds , and hazardous air pollutants in Canada, the United States, China, and internationally. In addition, it offers biological processes and testing services media sampling and analysis system review and inspections and media replacements and spare parts. BIOREM INC operates under Pollution Treatment Controls classification in Canada and is traded on TSX Venture Exchange. BioRem Inc (BRM) is traded on TSX Venture Exchange in Canada and employs 10 people. BioRem is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

BioRem Inc Leadership Team

Elected by the shareholders, the BioRem's board of directors comprises two types of representatives: BioRem inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BioRem. The board's role is to monitor BioRem's management team and ensure that shareholders' interests are well served. BioRem'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, BioRem's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dan Costello, Director Operations
Robert Nally, Independent Director
Anthony Ennis, Director
Hadi Husain, VP of RandD
Bernardo Llovera, Independent Chairman of the Board
PEng MBA, President CEO
Mark Smit, Director Services
Derek Webb, Executive Vice President
Brian Herner, Director
Douglas Newman, CFO, Secretary

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

Pair Trading with BioRem

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

Moving against BioRem Stock

  0.47TD Toronto Dominion BankPairCorr
The ability to find closely correlated positions to BioRem could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BioRem 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 BioRem - 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 BioRem Inc to buy it.
The correlation of BioRem 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 BioRem moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BioRem Inc 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 BioRem 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 BioRem Inc. 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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