Stuart Karle - Blue Ocean Secretary Advisor
| BOCN Stock | USD 10.72 0.20 1.90% |
Executive
Stuart Karle is Secretary Advisor of Blue Ocean Acquisition
| Address | 2 Wisconsin Circle, Chevy Chase, MD, United States, 20815 |
| Phone | 240 235 5049 |
| Web | https://boacquisition.com |
Blue Ocean Management Efficiency
The company has return on total asset (ROA) of (0.0237) % which means that it has lost $0.0237 on every $100 spent on assets. This is way below average. Blue Ocean's management efficiency ratios could be used to measure how well Blue Ocean manages its routine affairs as well as how well it operates its assets and liabilities. As of the 11th of December 2024, Return On Tangible Assets is likely to drop to 0.06. In addition to that, Return On Capital Employed is likely to grow to -0.06. At this time, Blue Ocean's Total Assets are very stable compared to the past year. As of the 11th of December 2024, Non Current Assets Total is likely to grow to about 121.9 M, while Net Tangible Assets are likely to drop (17.6 M).Similar Executives
| Found 1 records | EXECUTIVE Age | ||
| Michael Minnick | Target Global Acquisition | 57 | |
Management Performance
| Return On Asset | -0.0237 |
Blue Ocean Acquisition Leadership Team
Elected by the shareholders, the Blue Ocean's board of directors comprises two types of representatives: Blue Ocean inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Blue. The board's role is to monitor Blue Ocean's management team and ensure that shareholders' interests are well served. Blue Ocean'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, Blue Ocean's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Richard Leggett, Chief Officer | ||
| Matt Lasov, Chief Officer | ||
| Sean Glodek, VP Director | ||
| Stuart Karle, Secretary Advisor |
Blue 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 Blue Ocean 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 Asset | -0.0237 | ||||
| Current Valuation | 73.16 M | ||||
| Shares Outstanding | 6.59 M | ||||
| Shares Owned By Insiders | 67.85 % | ||||
| Shares Owned By Institutions | 28.46 % | ||||
| Number Of Shares Shorted | 2.51 K | ||||
| Price To Book | 13.59 X | ||||
| EBITDA | 4.44 M | ||||
| Net Income | 4.42 M | ||||
| Cash And Equivalents | 747.99 K |
Pair Trading with Blue Ocean
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 Blue Ocean 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 Blue Ocean will appreciate offsetting losses from the drop in the long position's value.Moving against Blue Stock
The ability to find closely correlated positions to Blue Ocean could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Ocean 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 Blue Ocean - 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 Blue Ocean Acquisition to buy it.
The correlation of Blue Ocean 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 Blue Ocean moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Ocean Acquisition 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 Blue Ocean 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.Other Information on Investing in Blue Stock
Blue Ocean financial ratios help investors to determine whether Blue Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Blue with respect to the benefits of owning Blue Ocean security.