Patrick Dennis - Associated Capital CFO, Executive Vice President
| AC Stock | USD 32.28 0.25 0.77% |
President
Mr. Patrick L. Dennis is no longer Chief Financial Officer, Executive Vice President of the Company effective November 7, 2017. . Mr. Dennis was formerly the Global Head of OperationsHedge Fund Administration at JP Morgan Chase and C.F.O Liquid Markets at Fortress Investment Group. Mr. Dennis was previously a Partner and Chief Financial Officer at Raptor Capital Management, and the Chief Financial Offer of Eton Park Capital Management. Prior to Eton Park, Mr. Dennis was a Partner with Ernst Young, LLP since 2015.
| Age | 45 |
| Tenure | 9 years |
| Professional Marks | MBA |
| Address | 191 Mason Street, Greenwich, CT, United States, 06830 |
| Phone | 203 629 9595 |
| Web | https://www.associated-capital-group.com |
Associated Capital Management Efficiency
The company has Return on Asset (ROA) of (0.0113) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0113. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.0416 %, which means that it produced $0.0416 on every 100 dollars invested by current stockholders. Associated Capital's management efficiency ratios could be used to measure how well Associated Capital manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.04. The current year's Return On Capital Employed is expected to grow to 0.03. At present, Associated Capital's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 645 M, whereas Non Currrent Assets Other are projected to grow to (86.6 M).Similar Executives
| Showing other executives | PRESIDENT Age | ||
| Nick Robinson | Abrdn Emerging Markets | 41 | |
| Jonathan Diorio | Blackrock Muniyield | 41 | |
| Robin Stelmach | MFS Special Value | 58 | |
| Devan Kaloo | Abrdn Emerging Markets | 47 | |
| Carrie Hansen | AssetMark Financial Holdings | 49 | |
| Jeffrey Klauder | SEI Investments | 64 | |
| Linda Gibson | Brightsphere Investment Group | 50 | |
| Joseph Andolina | Abrdn Emerging Markets | 41 | |
| Lucia Sitar | Abrdn Emerging Markets | 48 | |
| Paul Klauder | SEI Investments | 50 | |
| Christian Pittard | Abrdn Emerging Markets | 46 | |
| Beverly Hendry | Abrdn Emerging Markets | 65 | |
| Jeffrey Cotton | Abrdn Emerging Markets | 42 | |
| Robert Hall | Elysee Development Corp | 36 | |
| Joanne Irvine | Abrdn Emerging Markets | 51 | |
| Gary Zyla | AssetMark Financial Holdings | 51 | |
| Paul Audet | Blackrock Muni Intermediate | 61 | |
| Brendan Kyne | Blackrock Muni Intermediate | 37 | |
| Bever Hendry | Abrdn Emerging Markets | 63 | |
| Richard Hart | Brightsphere Investment Group | 47 | |
| Brendan Kyne | Blackrock Muniyield | 37 | |
Management Performance
| Return On Equity | 0.0416 | ||||
| Return On Asset | -0.0113 |
Associated Capital Leadership Team
Elected by the shareholders, the Associated Capital's board of directors comprises two types of representatives: Associated Capital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Associated. The board's role is to monitor Associated Capital's management team and ensure that shareholders' interests are well served. Associated Capital'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, Associated Capital's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Frederic Salerno, Independent Director | ||
| David Goldman, General Counsel, Director of Corporate Development of Associated Capital Group | ||
| Mario CFA, Director, Chairman of GAMCO, CEO of GAMCO and Chief Investment Officer ? Value Portfolios of GAMCO | ||
| CFA CFA, Ex Chairman | ||
| Mario Gabelli, Executive Chairman of the Board | ||
| Richard Bready, Independent Director | ||
| Timothy Schott, Chief Financial Officer, Executive Vice President - Finance | ||
| Bruce Lisman, Independent Director | ||
| CFA CPA, Interim Officer | ||
| Elisa Wilson, Director | ||
| Marc Gabelli, Executive Director | ||
| Kevin Handwerker, Executive Vice President General Counsel, Secretary | ||
| Ian McAdams, Interim Officer | ||
| Peter Goldstein, Executive Vice President, Secretary, Chief Legal Officer | ||
| Agnes Mullady, Ex VP | ||
| Daniel Lee, Independent Director | ||
| Salvatore Sodano, Vice Chairman of the Board, Independent Director | ||
| Patrick CPA, CFO and Executive VP | ||
| Peter Esq, Chief VP | ||
| Douglas Jamieson, President, Chief Executive Officer, Director | ||
| Kenneth Masiello, Chief Accounting Officer | ||
| Patrick Dennis, CFO, Executive Vice President | ||
| Francis Conroy, Interim CFO |
Associated 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 Associated Capital 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 | 0.0416 | ||||
| Return On Asset | -0.0113 | ||||
| Profit Margin | 2.95 % | ||||
| Operating Margin | (0.86) % | ||||
| Current Valuation | 293.69 M | ||||
| Shares Outstanding | 2.54 M | ||||
| Shares Owned By Insiders | 2.06 % | ||||
| Shares Owned By Institutions | 71.67 % | ||||
| Number Of Shares Shorted | 9.28 K | ||||
| Price To Earning | 48.28 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Associated Capital in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Associated Capital's short interest history, or implied volatility extrapolated from Associated Capital options trading.
Pair Trading with Associated Capital
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 Associated Capital 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 Associated Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Associated Stock
| 0.69 | APO | Apollo Global Management Sell-off Trend | PairCorr |
| 0.67 | AXP | American Express Earnings Call Today | PairCorr |
| 0.66 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
| 0.66 | ROCLW | Roth CH Acquisition | PairCorr |
| 0.65 | CG | Carlyle Group Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Associated Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Associated Capital 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 Associated Capital - 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 Associated Capital Group to buy it.
The correlation of Associated Capital 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 Associated Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Associated Capital 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 Associated Capital 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 Associated Capital Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Associated Capital information on this page should be used as a complementary analysis to other Associated Capital'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Associated Stock analysis
When running Associated Capital's price analysis, check to measure Associated Capital'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 Associated Capital is operating at the current time. Most of Associated Capital's value examination focuses on studying past and present price action to predict the probability of Associated Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Associated Capital's price. Additionally, you may evaluate how the addition of Associated Capital to your portfolios can decrease your overall portfolio volatility.
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
Is Associated Capital's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Associated Capital. If investors know Associated will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Associated Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.214 | Dividend Share 0.2 | Earnings Share 1.72 | Revenue Per Share 0.583 | Quarterly Revenue Growth (0.25) |
The market value of Associated Capital is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Capital's value that differs from its market value or its book value, called intrinsic value, which is Associated Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Associated Capital's market value can be influenced by many factors that don't directly affect Associated Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Associated Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.