Karl Ruud - AKITA Drilling CEO
| AKTAF Stock | USD 1.08 0.01 0.92% |
CEO
Mr. Karl A. Ruud is a President, Chief Executive Officer, Director of Akita Drilling Ltd. Mr. Ruud was with the Company since its inception and was President and Chief Executive Officer since July, 2009. Previously, he was Executive Vice President and Chief Operating Officer, Chief Operating Officer and Vice President of Operations . Mr. Ruud has extensive drilling experience in Canada and internationally, and has a broad range of experience in all aspects of the Companys business. Mr. Ruud obtained a B.Comm degree from the University of Alberta. since 2010.
| Age | 60 |
| Tenure | 14 years |
| Phone | 403 292 7979 |
| Web | https://www.akita-drilling.com |
AKITA Drilling Management Efficiency
The company has return on total asset (ROA) of (0.0152) % which means that it has lost $0.0152 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0705) %, meaning that it generated substantial loss on money invested by shareholders. AKITA Drilling's management efficiency ratios could be used to measure how well AKITA Drilling manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | -0.0705 | |||
| Return On Asset | -0.0152 |
AKITA Drilling Leadership Team
Elected by the shareholders, the AKITA Drilling's board of directors comprises two types of representatives: AKITA Drilling inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AKITA. The board's role is to monitor AKITA Drilling's management team and ensure that shareholders' interests are well served. AKITA Drilling'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, AKITA Drilling's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Fred Hensel, VP of Marketing | ||
| Harish Mohan, Independent Director | ||
| C Spitznagel, Director | ||
| Murray Roth, CFO, VP of Fin. and Member of Pension Committee | ||
| Douglas Dafoe, Director | ||
| Nancy Southern, Director | ||
| Dale Richardson, Director | ||
| Linda SouthernHeathcott, Chairman of the Board | ||
| Charles Wilson, Independent Director | ||
| Colin Dease, Corporate Secretary | ||
| Ronald Southern, Deputy Chairman of the Board | ||
| Loraine Charlton, Independent Director | ||
| Linda ICDD, Ex CEO | ||
| Craig Kushner, Director - Human Resources | ||
| Lorne Thompson, VP Operations | ||
| Karl Ruud, CEO and President Director and Member of Pension Committee | ||
| Darcy Reynolds, Vice President - Finance | ||
| Linda Heathcott, Chairman of the Board | ||
| Arthur Eastly, Independent Director | ||
| Henry Wilmot, Director | ||
| Raymond Coleman, Sr. VP |
AKITA 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 AKITA Drilling 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 | -0.0705 | |||
| Return On Asset | -0.0152 | |||
| Profit Margin | (0.05) % | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 115.75 M | |||
| Shares Outstanding | 38 M | |||
| Shares Owned By Insiders | 17.81 % | |||
| Shares Owned By Institutions | 20.90 % | |||
| Price To Earning | (7.02) X | |||
| Price To Book | 0.51 X |
Pair Trading with AKITA Drilling
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 AKITA Drilling 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 AKITA Drilling will appreciate offsetting losses from the drop in the long position's value.Moving together with AKITA Pink Sheet
| 0.61 | NSFDF | NXT Energy Solutions | PairCorr |
Moving against AKITA Pink Sheet
| 0.47 | ZTLLF | Zonetail | PairCorr |
The ability to find closely correlated positions to AKITA Drilling could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AKITA Drilling 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 AKITA Drilling - 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 AKITA Drilling to buy it.
The correlation of AKITA Drilling 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 AKITA Drilling moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AKITA Drilling 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 AKITA Drilling 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AKITA Drilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the AKITA Drilling information on this page should be used as a complementary analysis to other AKITA Drilling's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for AKITA Pink Sheet analysis
When running AKITA Drilling's price analysis, check to measure AKITA Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AKITA Drilling is operating at the current time. Most of AKITA Drilling's value examination focuses on studying past and present price action to predict the probability of AKITA Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AKITA Drilling's price. Additionally, you may evaluate how the addition of AKITA Drilling to your portfolios can decrease your overall portfolio volatility.
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