Hassan CPA - FG Acquisition Corporate CFO

FGAA-U Stock   11.78  0.00  0.00%   

CFO

Hassan CPA is Corporate CFO of FG Acquisition Corp
Age 47
Address 510 West Georgia Street, Vancouver, BC, Canada, V6B 0M3
Phone847 791 6817
Webhttps://www.fgacquisition.com

FG Acquisition Management Efficiency

The company has return on total asset (ROA) of (0.0133) % which means that it has lost $0.0133 on every $100 spent on assets. This is way below average. FG Acquisition's management efficiency ratios could be used to measure how well FG Acquisition manages its routine affairs as well as how well it operates its assets and liabilities. At present, FG Acquisition's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 141.1 M, whereas Net Tangible Assets are projected to grow to (11.5 M).

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FG Acquisition Corp (FGAA-U) is traded on Toronto Exchange in Canada and employs 2 people. FG Acquisition is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

FG Acquisition Corp Leadership Team

Elected by the shareholders, the FG Acquisition's board of directors comprises two types of representatives: FG Acquisition inside directors who are chosen from within the company, and outside directors, selected externally and held independent of FGAA-U. The board's role is to monitor FG Acquisition's management team and ensure that shareholders' interests are well served. FG 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, FG Acquisition's outside directors are responsible for providing unbiased perspectives on the board's policies.
Hassan CPA, Corporate CFO
CFA Swets, CEO Director

FGAA-U 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 FG 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 FG 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 FG 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 FG Acquisition will appreciate offsetting losses from the drop in the long position's value.

Moving together with FGAA-U Stock

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Moving against FGAA-U Stock

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The ability to find closely correlated positions to FG 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 FG 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 FG 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 FG Acquisition Corp to buy it.
The correlation of FG 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 FG Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FG 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 FG 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

Other Information on Investing in FGAA-U Stock

FG Acquisition financial ratios help investors to determine whether FGAA-U 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 FGAA-U with respect to the benefits of owning FG Acquisition security.