Michael Brown - Right On VP Director

RTON Stock  USD 0.04  0.01  20.69%   

Insider

Michael Brown is VP Director of Right On Brands
Phone214 736 7252
Webhttps://rightonbrands.com

Michael Brown Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Brown against Right On pink sheet is an integral part of due diligence when investing in Right On. Michael Brown insider activity provides valuable insight into whether Right On is net buyers or sellers over its current business cycle. Note, Right On insiders must abide by specific rules, including filing SEC forms every time they buy or sell Right On'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Right On Management Efficiency

The company has return on total asset (ROA) of (0.1177) % which means that it has lost $0.1177 on every $100 spent on assets. This is way below average. Right On's management efficiency ratios could be used to measure how well Right On manages its routine affairs as well as how well it operates its assets and liabilities.
Right On Brands currently holds 445.22 K in liabilities with Debt to Equity (D/E) ratio of 91.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Right On Brands has a current ratio of 0.29, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Right On until it has trouble settling it off, either with new capital or with free cash flow. So, Right On'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 Right On Brands sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Right to invest in growth at high rates of return. When we think about Right On's use of debt, we should always consider it together with cash and equity.

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Right On Brands, Inc., through its subsidiaries, markets and sells a range of hemp enhanced snack foods. Right On Brands, Inc. was incorporated in 2011 and is headquartered in Rowlett, Texas. Right On operates under Packaged Foods classification in the United States and is traded on OTC Exchange. Right On Brands [RTON] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Right On Brands Management Team

Elected by the shareholders, the Right On's board of directors comprises two types of representatives: Right On inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Right. The board's role is to monitor Right On's management team and ensure that shareholders' interests are well served. Right On'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, Right On's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jerome Grisaffi, CEO Chairman
Daniel Crawford, Director, Acting CEO and CFO,
Michael Brown, VP Director

Right 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 Right On 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 Right On

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 Right On 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 Right On will appreciate offsetting losses from the drop in the long position's value.

Moving against Right Pink Sheet

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The ability to find closely correlated positions to Right On could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Right On 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 Right On - 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 Right On Brands to buy it.
The correlation of Right On 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 Right On moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Right On Brands 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 Right On 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 Right Pink Sheet

Right On financial ratios help investors to determine whether Right 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 Right with respect to the benefits of owning Right On security.