Jonathan Handley - Great Ajax Independent Director

AJX Stock  USD 3.45  0.10  2.82%   

Director

Mr. Jonathan Bradford Handley, Jr. is Independent Director of the Company. He was a member of our board of directors since June30, 2014. Mr.Handley cofounded and served as Managing Director of Swander Pace Capital, a consumer productsfocused private equity firm, from 19962013. During his years comanaging SPC, the firm raised four private funds with over 1 billion in equity capital and completed 36 investments, the majority being controlbuyouts of consumer products companies. Prior to cofounding SPC, Mr. Handley was a VicePresident with The Shansby Group, a consumerfocused private equity fund. Earlier, he was an Associate Consultant with Swander Pace Company, a strategic management consulting firm, where he worked with Fortune 500 consumer products companies. Mr.Handley has served as a Chairman or Director of more than a dozen private companies, including ReNew Life Formulas, Inc. International Fiber Corporation Reef Holdings Corporationration TotesIsotoner Corporation and Fleischmanns Vinegar Company, Inc. Mr. Handley received dual BA degrees in Economics and East Asian Studies with honors from Stanford University. Mr. Handleys private equity and consulting experience, together with his experience as a director of various companies, enables him to provide valuable guidance and advice to the board of directors in many important areas. since 2014.
Age 50
Tenure 10 years
Address 13190 SW 68th Parkway, Tigard, OR, United States, 97223
Phone503 505 5670
Webhttps://www.greatajax.com

Jonathan Handley Latest Insider Activity

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

Great Ajax Management Efficiency

The company has Return on Asset of (0.0333) % which means that on every $100 spent on assets, it lost $0.0333. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.1449) %, meaning that it generated no profit with money invested by stockholders. Great Ajax's management efficiency ratios could be used to measure how well Great Ajax manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to rise to 0.04 in 2024, despite the fact that Return On Tangible Assets are likely to grow to (0.03). At this time, Great Ajax's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 552.7 M in 2024, whereas Net Tangible Assets are likely to drop slightly above 325.9 M in 2024.
The company has 997.32 M in debt with debt to equity (D/E) ratio of 2.62, meaning that the company heavily relies on borrowing funds for operations. Great Ajax Corp has a current ratio of 2.01, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Great Ajax until it has trouble settling it off, either with new capital or with free cash flow. So, Great Ajax'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 Great Ajax Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Great to invest in growth at high rates of return. When we think about Great Ajax's use of debt, we should always consider it together with cash and equity.

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Great Ajax Corp., real estate company, acquires, invests in, and manages a portfolio of residential mortgage and small balance commercial mortgage loans. Great Ajax Corp. was incorporated in 2014 and is based in Tigard, Oregon. Great Ajax operates under REITMortgage classification in the United States and is traded on New York Stock Exchange. Great Ajax Corp (AJX) is traded on New York Stock Exchange in USA. It is located in 13190 SW 68th Parkway, Tigard, OR, United States, 97223 and employs 14 people. Great Ajax is listed under Mortgage Real Estate Investment Trusts (REITs) category by Fama And French industry classification.

Management Performance

Great Ajax Corp Leadership Team

Elected by the shareholders, the Great Ajax's board of directors comprises two types of representatives: Great Ajax inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Great. The board's role is to monitor Great Ajax's management team and ensure that shareholders' interests are well served. Great Ajax'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, Great Ajax's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jonathan Handley, Independent Director
Kirk Ogren, Independent Director
Paul Friedman, Independent Director
John Condas, Independent Director
Lauren DeMasi, Secretary
Mary Doyle, Chief Financial Officer; Chief Financial Officer of Thetis Asset Management LLC and Gregory Funding LLC
Russell Schaub, President, Director; Vice President and Chief Operating Officer of Gregory Funding LLC
Glenn Ohl, CFO
Mary Haggerty, Independent Director
Daniel Hoffman, Independent Director
Mary CPA, Chief Officer
Lawrence Mendelsohn, Chairman of the Board, Chief Executive Officer; Manager of Thetis Asset Management LLC
Steven Begleiter, Director
J Ogren, Independent Director

Great 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 Great Ajax 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.
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 Great Ajax 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, Great Ajax's short interest history, or implied volatility extrapolated from Great Ajax options trading.

Pair Trading with Great Ajax

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 Great Ajax 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 Great Ajax will appreciate offsetting losses from the drop in the long position's value.

Moving against Great Stock

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The ability to find closely correlated positions to Great Ajax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Great Ajax 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 Great Ajax - 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 Great Ajax Corp to buy it.
The correlation of Great Ajax 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 Great Ajax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Great Ajax Corp 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 Great Ajax 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
When determining whether Great Ajax Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Great Ajax's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Great Ajax Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Great Ajax Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Great Ajax Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running Great Ajax's price analysis, check to measure Great Ajax'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 Great Ajax is operating at the current time. Most of Great Ajax's value examination focuses on studying past and present price action to predict the probability of Great Ajax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Ajax's price. Additionally, you may evaluate how the addition of Great Ajax to your portfolios can decrease your overall portfolio volatility.
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Is Great Ajax'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 Great Ajax. If investors know Great 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 Great Ajax 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
(0.50)
Dividend Share
0.76
Earnings Share
(2.01)
Revenue Per Share
(0.80)
Quarterly Revenue Growth
(0.82)
The market value of Great Ajax Corp is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Ajax's value that differs from its market value or its book value, called intrinsic value, which is Great Ajax'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 Great Ajax's market value can be influenced by many factors that don't directly affect Great Ajax'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 Great Ajax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Ajax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Ajax'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.