Ryan CFA - Rubellite Energy CFO Finance
| RBY Stock | 1.93 0.01 0.52% |
CFO
Ryan CFA is CFO Finance of Rubellite Energy
| Address | 605 ? 5 Avenue SW, Calgary, AB, Canada, T2P 3H5 |
| Phone | 403-269-4400 |
| Web | https://rubelliteenergy.com |
Rubellite Energy Management Efficiency
The company has return on total asset (ROA) of 0.0879 % which means that it generated a profit of $0.0879 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1106 %, meaning that it generated $0.1106 on every $100 dollars invested by stockholders. Rubellite Energy's management efficiency ratios could be used to measure how well Rubellite Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 14th of December 2024, Return On Capital Employed is likely to grow to 0.21, while Return On Tangible Assets are likely to drop 0.07. As of the 14th of December 2024, Other Current Assets is likely to grow to about 9.7 M, while Total Assets are likely to drop about 216.7 M.Similar Executives
| Found 3 records | CFO Age | ||
| Gerald CMA | Journey Energy | 64 | |
| Alan CA | Pine Cliff Energy | 66 | |
| Alan MacDonald | Pine Cliff Energy | 66 | |
Management Performance
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0879 |
Rubellite Energy Leadership Team
Elected by the shareholders, the Rubellite Energy's board of directors comprises two types of representatives: Rubellite Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rubellite. The board's role is to monitor Rubellite Energy's management team and ensure that shareholders' interests are well served. Rubellite Energy'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, Rubellite Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ryan CFA, CFO Finance | ||
| Linda McKean, VP Devel | ||
| Susan BSc, President Chairman | ||
| Karlton Rumpf, Vice Ventures | ||
| Marcello Rapini, Vice Marketing |
Rubellite 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 Rubellite Energy 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 Equity | 0.11 | ||||
| Return On Asset | 0.0879 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.50 % | ||||
| Current Valuation | 211.5 M | ||||
| Shares Outstanding | 92.95 M | ||||
| Shares Owned By Insiders | 47.75 % | ||||
| Shares Owned By Institutions | 0.29 % | ||||
| Number Of Shares Shorted | 8.71 K | ||||
| Price To Book | 0.77 X |
Pair Trading with Rubellite Energy
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 Rubellite Energy 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 Rubellite Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Rubellite Stock
| 0.56 | ENS | E Split Corp | PairCorr |
| 0.52 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.38 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.36 | ENS-PA | E Split Corp | PairCorr |
The ability to find closely correlated positions to Rubellite Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rubellite Energy 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 Rubellite Energy - 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 Rubellite Energy to buy it.
The correlation of Rubellite Energy 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 Rubellite Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rubellite Energy 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 Rubellite Energy 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 Rubellite Stock
Rubellite Energy financial ratios help investors to determine whether Rubellite 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 Rubellite with respect to the benefits of owning Rubellite Energy security.