James Jenkins - Palayan Resources President, Chairman
PLYN Stock | USD 0.0001 0.00 0.00% |
Insider
James Jenkins is President, Chairman of Palayan Resources
Age | 67 |
Phone | 407 536 9422 |
Web | https://palayanresourcesinc.com |
James Jenkins Latest Insider Activity
Tracking and analyzing the buying and selling activities of James Jenkins against Palayan Resources pink sheet is an integral part of due diligence when investing in Palayan Resources. James Jenkins insider activity provides valuable insight into whether Palayan Resources is net buyers or sellers over its current business cycle. Note, Palayan Resources insiders must abide by specific rules, including filing SEC forms every time they buy or sell Palayan Resources'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
James Jenkins over six months ago Acquisition by James Jenkins of 2994 shares of Lakeland Industries subject to Rule 16b-3 | ||
James Jenkins over six months ago Disposition of 1567 shares by James Jenkins of Lakeland Industries at 12.59 subject to Rule 16b-3 |
Palayan Resources Management Efficiency
The company has return on total asset (ROA) of (154.333) % which means that it has lost $154.333 on every $100 spent on assets. This is way below average. Palayan Resources' management efficiency ratios could be used to measure how well Palayan Resources manages its routine affairs as well as how well it operates its assets and liabilities.Management Performance
Return On Asset | -154.33 |
Palayan 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 Palayan Resources 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 | -154.33 | |||
Current Valuation | 1.6 M | |||
Shares Outstanding | 37.38 M | |||
Shares Owned By Insiders | 19.04 % | |||
EBITDA | (103.75 K) | |||
Net Income | (293.05 K) | |||
Cash And Equivalents | 213 | |||
Total Debt | 270.88 K | |||
Book Value Per Share | (0.02) X | |||
Cash Flow From Operations | (98.46 K) |
Pair Trading with Palayan Resources
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 Palayan Resources 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 Palayan Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Palayan Pink Sheet
0.86 | LGCY | Legacy Education | PairCorr |
0.85 | WMT | Walmart | PairCorr |
0.77 | DIS | Walt Disney | PairCorr |
0.74 | AXP | American Express Earnings Call This Week | PairCorr |
0.7 | AMZN | Amazon Inc Aggressive Push | PairCorr |
The ability to find closely correlated positions to Palayan Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Palayan Resources 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 Palayan Resources - 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 Palayan Resources to buy it.
The correlation of Palayan Resources 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 Palayan Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Palayan Resources 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 Palayan Resources 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 Palayan Pink Sheet
Palayan Resources financial ratios help investors to determine whether Palayan 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 Palayan with respect to the benefits of owning Palayan Resources security.