Stanley Wolfson - Obocon Pres Director

OBCN Stock  USD 0.0001  0.00  0.00%   

Insider

Stanley Wolfson is Pres Director of Obocon Inc
Age 80
Phone303-753-0197
Webhttps://www.obocon.com

Obocon Management Efficiency

The company has return on total asset (ROA) of (1.2499) % which means that it has lost $1.2499 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (2.0) %, meaning that it created substantial loss on money invested by shareholders. Obocon's management efficiency ratios could be used to measure how well Obocon manages its routine affairs as well as how well it operates its assets and liabilities.
Obocon Inc currently holds 3.28 K in liabilities. Debt can assist Obocon until it has trouble settling it off, either with new capital or with free cash flow. So, Obocon'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 Obocon Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Obocon to invest in growth at high rates of return. When we think about Obocon's use of debt, we should always consider it together with cash and equity.

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Obocon, Inc. develops and markets parking ticket writing systems, Internet payment remittance systems, and Internet industry guides in the United States and Canada. Obocon, Inc. was founded in 1984 and is based in Denver, Colorado. Obocon operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. Obocon Inc [OBCN] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Obocon Inc Leadership Team

Elected by the shareholders, the Obocon's board of directors comprises two types of representatives: Obocon inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Obocon. The board's role is to monitor Obocon's management team and ensure that shareholders' interests are well served. Obocon'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, Obocon's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stanley Wolfson, Pres Director
Lizabeth Wolfson, Chief CFO
Naveen MD, Chief Officer
Sam Mathew, Pres COO

Obocon 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 Obocon 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 Obocon

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 Obocon 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 Obocon will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Obocon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Obocon 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 Obocon - 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 Obocon Inc to buy it.
The correlation of Obocon 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 Obocon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Obocon Inc 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 Obocon 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 Obocon Pink Sheet

Obocon financial ratios help investors to determine whether Obocon Pink Sheet 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 Obocon with respect to the benefits of owning Obocon security.