David Jin - Fortress Biotech CFO Devel

FBIOP Preferred Stock  USD 5.22  0.05  0.95%   

Insider

David Jin is CFO Devel of Fortress Biotech Pref
Age 33
Phone781 652 4500
Webhttps://www.fortressbiotech.com

David Jin Latest Insider Activity

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

Fortress Biotech Management Efficiency

The company has return on total asset (ROA) of (0.3494) % which means that it has lost $0.3494 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (1.4338) %, meaning that it generated substantial loss on money invested by shareholders. Fortress Biotech's management efficiency ratios could be used to measure how well Fortress Biotech manages its routine affairs as well as how well it operates its assets and liabilities.
Fortress Biotech Pref has accumulated 46.56 M in total debt with debt to equity ratio (D/E) of 0.81, which is about average as compared to similar companies. Fortress Biotech Pref has a current ratio of 2.79, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Fortress Biotech until it has trouble settling it off, either with new capital or with free cash flow. So, Fortress Biotech'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 Fortress Biotech Pref sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fortress to invest in growth at high rates of return. When we think about Fortress Biotech's use of debt, we should always consider it together with cash and equity.

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Fortress Biotech, Inc., a biopharmaceutical company, develops and commercializes pharmaceutical and biotechnology products. Fortress Biotech, Inc. was incorporated in 2006 and is based in Bay Harbor Island, New York. Fortress Biotech operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 173 people. Fortress Biotech Pref (FBIOP) is traded on NASDAQ Exchange in USA. It is located in 1111 Kane Concourse, Bay Harbor Islands, FL, United States, 33154 and employs 173 people. Fortress Biotech is listed under Pharmaceutical Products category by Fama And French industry classification.

Management Performance

Fortress Biotech Pref Leadership Team

Elected by the shareholders, the Fortress Biotech's board of directors comprises two types of representatives: Fortress Biotech inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fortress. The board's role is to monitor Fortress Biotech's management team and ensure that shareholders' interests are well served. Fortress Biotech'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, Fortress Biotech's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lindsay Rosenwald, Chairman of the Board and Presidentident, CEO
Samuel Berry, Gen Sec
Robyn Hunter, Ex Officer
Michael Esq, Vice Devel
Thomas Schaible, Project Disease
George Avgerinos, Senior Vice President - Biologics Operations
David Jin, CFO Devel

Fortress Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred stock is not an easy task. Is Fortress Biotech 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 Fortress Biotech

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 Fortress Biotech 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 Fortress Biotech will appreciate offsetting losses from the drop in the long position's value.

Moving against Fortress Preferred Stock

  0.66GRCE Grace Therapeutics, Symbol ChangePairCorr
  0.53FRTX Fresh Tracks TherapeuticsPairCorr
The ability to find closely correlated positions to Fortress Biotech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fortress Biotech 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 Fortress Biotech - 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 Fortress Biotech Pref to buy it.
The correlation of Fortress Biotech 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 Fortress Biotech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fortress Biotech Pref 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 Fortress Biotech 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

Additional Tools for Fortress Preferred Stock Analysis

When running Fortress Biotech's price analysis, check to measure Fortress Biotech'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 Fortress Biotech is operating at the current time. Most of Fortress Biotech's value examination focuses on studying past and present price action to predict the probability of Fortress Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortress Biotech's price. Additionally, you may evaluate how the addition of Fortress Biotech to your portfolios can decrease your overall portfolio volatility.