Tony CPA - Bri Chem Chief Officer

BRY Stock  CAD 0.37  0.04  12.12%   

Insider

Tony CPA is Chief Officer of Bri Chem Corp
Address 27075 Acheson Road, Acheson, AB, Canada, T7X 6B1
Phone780 962 9490
Webhttps://brichem.com

Bri Chem Management Efficiency

The company has return on total asset (ROA) of 0.0225 % which means that it generated a profit of $0.0225 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0863) %, meaning that it generated substantial loss on money invested by shareholders. Bri Chem's management efficiency ratios could be used to measure how well Bri Chem manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Bri Chem's Return On Tangible Assets are very stable compared to the past year. As of the 13th of December 2024, Return On Assets is likely to grow to 0.01, while Return On Capital Employed is likely to drop 0.14. At this time, Bri Chem's Non Currrent Assets Other are very stable compared to the past year. As of the 13th of December 2024, Net Tangible Assets is likely to grow to about 23 M, while Total Assets are likely to drop about 60.6 M.

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Bri-Chem Corp. engages in the wholesale distribution of drilling fluid chemicals and additives to the resource industry in North America. The company was founded in 1985 and is headquartered in Acheson, Canada. BRI CHEM operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. It employs 82 people. Bri Chem Corp (BRY) is traded on Toronto Exchange in Canada and employs 61 people. Bri Chem is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Bri Chem Corp Leadership Team

Elected by the shareholders, the Bri Chem's board of directors comprises two types of representatives: Bri Chem inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bri. The board's role is to monitor Bri Chem's management team and ensure that shareholders' interests are well served. Bri Chem'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, Bri Chem's outside directors are responsible for providing unbiased perspectives on the board's policies.
Don Caron, Chairman, CEO and President Member of Corporate Governance and Compensation Committee and Member of Corporate Disclosure Committee
Tony CPA, Chief Officer

Bri 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 Bri Chem 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 Bri Chem

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

Moving against Bri Stock

  0.49XOM EXXON MOBIL CDRPairCorr
  0.38NVDA NVIDIA CDRPairCorr
The ability to find closely correlated positions to Bri Chem could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bri Chem 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 Bri Chem - 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 Bri Chem Corp to buy it.
The correlation of Bri Chem 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 Bri Chem moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bri Chem 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 Bri Chem 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

Other Information on Investing in Bri Stock

Bri Chem financial ratios help investors to determine whether Bri 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 Bri with respect to the benefits of owning Bri Chem security.