Adam Dooley - Everest Consolidator President, Chairman
Insider
Adam Dooley is President, Chairman of Everest Consolidator Acquisition
| Age | 52 |
| Phone | 949 610 0835 |
| Web | https://belayoneverest.com |
Everest Consolidator Management Efficiency
The company has return on total asset (ROA) of (0.0401) % which means that it has lost $0.0401 on every $100 spent on assets. This is way below average. Everest Consolidator's management efficiency ratios could be used to measure how well Everest Consolidator manages its routine affairs as well as how well it operates its assets and liabilities.Everest Consolidator Acquisition currently holds 2.75 M in liabilities with Debt to Equity (D/E) ratio of 7.66, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Everest Consolidator has a current ratio of 1.07, suggesting that it may not be capable to disburse its financial obligations when due. Debt can assist Everest Consolidator until it has trouble settling it off, either with new capital or with free cash flow. So, Everest Consolidator'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 Everest Consolidator sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Everest to invest in growth at high rates of return. When we think about Everest Consolidator's use of debt, we should always consider it together with cash and equity.
Everest Consolidator Acquisition Corporation does not have significant operations. The company was incorporated in 2021 and is based in Newport Beach, California. Everest Consolidator is traded on New York Stock Exchange in the United States. Everest Consolidator Acquisition [MNTN] is a Pink Sheet which is traded between brokers as part of OTC trading. Everest Consolidator is listed under Trading category by Fama And French industry classification. Management Performance
| Return On Asset | -0.0401 |
Everest Consolidator Leadership Team
Elected by the shareholders, the Everest Consolidator's board of directors comprises two types of representatives: Everest Consolidator inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Everest. The board's role is to monitor Everest Consolidator's management team and ensure that shareholders' interests are well served. Everest Consolidator'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, Everest Consolidator's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Adam Dooley, President, Chairman | ||
| Jacqueline Shoback, COO Director |
Everest Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Everest Consolidator 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 | -0.0401 | ||||
| Current Valuation | 90.54 M | ||||
| Shares Outstanding | 2.85 M | ||||
| Shares Owned By Institutions | 100.00 % | ||||
| Number Of Shares Shorted | 23.77 K | ||||
| Price To Book | 1.45 X | ||||
| EBITDA | 4.39 M | ||||
| Net Income | (10.04 M) | ||||
| Cash And Equivalents | 826.98 K | ||||
| Cash Per Share | 0.04 X |
Pair Trading with Everest Consolidator
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 Everest Consolidator 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 Everest Consolidator will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in Everest Pink Sheet
If you are still planning to invest in Everest Consolidator 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 Everest Consolidator's history and understand the potential risks before investing.
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