Akash Patel - Crucible Acquisition Director

CRUDelisted Stock  USD 10.05  0.01  0.1%   

Director

Mr. Akash Patel is President, Chief Executive Officer, Director of the Company. Mr. Patel has worked in the investment industry for over eight years with junior companies from inception and incorporation to final listing. Having acted as chief executive officer and director of several public companies, and as the head of his own consulting firm, Mr. Patel specializes in the assistance of initial public offerings, as well as all regulatory filings since 2016.
Tenure 8 years
Phone401 216 7635
Webhttps://www.crucibleacquisition.com
Patel has received a bachelor in accounting from the B.C. Institute of Technology with a major in accounting and minor in finance. He also has over 10 years of corporate tax experience and was an active board member and contributed to the startup of Makena Resources Inc. and Westkam Gold Corporationrationration. Currently, Mr. Patel is still on the board of directors for Westkam Gold and is the president of Discovery Ventures Inc. .

Crucible Acquisition Management Efficiency

The company has Return on Asset of (0.0188) % which means that on every $100 spent on assets, it lost $0.0188. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 4.699 %, implying that it generated $4.699 on every 100 dollars invested. Crucible Acquisition's management efficiency ratios could be used to measure how well Crucible Acquisition manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 1.95 M in debt. Crucible Acquisition Corp has a current ratio of 1.43, which is typical for the industry and considered as normal. Debt can assist Crucible Acquisition until it has trouble settling it off, either with new capital or with free cash flow. So, Crucible Acquisition'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 Crucible Acquisition Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Crucible to invest in growth at high rates of return. When we think about Crucible Acquisition's use of debt, we should always consider it together with cash and equity.

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Crucible Acquisition Corporation does not have significant operations. The company was incorporated in 2020 and is based in Boulder, Colorado. Crucible Acquisition is traded on New York Stock Exchange in the United States. Crucible Acquisition Corp (CRU) is traded on New York Stock Exchange in USA and employs 25 people.

Management Performance

Crucible Acquisition Corp Leadership Team

Elected by the shareholders, the Crucible Acquisition's board of directors comprises two types of representatives: Crucible Acquisition inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Crucible. The board's role is to monitor Crucible Acquisition's management team and ensure that shareholders' interests are well served. Crucible Acquisition'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, Crucible Acquisition's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jason Lynch, Chief Officer
Glen Macdonald, Independent Director
Timothy Dehne, Independent Director
Kamal Alawas, President
Kenneth Phillippe, CFO, Director
Alexander Davern, Director
Rashpal Sahota, Vice President and Audio General Manager
Jason Rose, Director
Hassan Alaeddine, Independent Director
Jason Rhode, President CEO, Director
James Lejeal, CEO Director
James Henning, Independent Director
Alan Schuele, Chairman of the Board
Akash Patel, Director
John Carter, Independent Director
Allan Hughes, Vice President
Charnjit Jagpal, Director
Christine King, Director
Lorne Warner, Director
Randy Carlson, Vice President - Supply Chain
William Sherman, Independent Director
Thurman Case, CFO
Jo Benson, Vice President Chief Culture Officer
Gregory Thomas, Vice President General Counsel, Corporate Secretary
Andrew Brannan, Vice President Worldwide Sales

Crucible 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 Crucible Acquisition 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 Crucible Acquisition

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

Moving against Crucible Stock

  0.73PBAJ Petro UsaPairCorr
  0.64ACN Accenture plc Sell-off TrendPairCorr
The ability to find closely correlated positions to Crucible Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crucible Acquisition 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 Crucible Acquisition - 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 Crucible Acquisition Corp to buy it.
The correlation of Crucible Acquisition 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 Crucible Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crucible Acquisition Corp 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 Crucible Acquisition 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Other Consideration for investing in Crucible Stock

If you are still planning to invest in Crucible Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Crucible Acquisition's history and understand the potential risks before investing.
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