BA BS - Conifer Holding President

CNFR Stock  USD 1.19  0.01  0.83%   

Insider

BA BS is President of Conifer Holding
Age 57
Address 3001 West Big Beaver Road, Troy, MI, United States, 48084
Phone248 559 0840
Webhttps://www.cnfrh.com

Conifer Holding Management Efficiency

The company has return on total asset (ROA) of (0.0527) % which means that it has lost $0.0527 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (3.279) %, meaning that it created substantial loss on money invested by shareholders. Conifer Holding's management efficiency ratios could be used to measure how well Conifer Holding manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/23/2024, Return On Tangible Assets is likely to grow to -0.08. In addition to that, Return On Capital Employed is likely to drop to -0.06. At this time, Conifer Holding's Other Assets are relatively stable compared to the past year. As of 11/23/2024, Total Current Assets is likely to grow to about 154 M, while Non Current Assets Total are likely to drop slightly above 122.1 M.
Conifer Holding currently holds 25.06 M in liabilities with Debt to Equity (D/E) ratio of 1.99, which is about average as compared to similar companies. Conifer Holding has a current ratio of 0.56, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Conifer Holding's use of debt, we should always consider it together with its cash and equity.

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Conifer Holdings, Inc., an insurance holding company, engages in the sale of property and casualty insurance products. The company was incorporated in 2009 and is headquartered in Birmingham, Michigan. Conifer Holdings operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange. It employs 151 people. Conifer Holding (CNFR) is traded on NASDAQ Exchange in USA. It is located in 3001 West Big Beaver Road, Troy, MI, United States, 48084 and employs 94 people. Conifer Holding is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

Conifer Holding Leadership Team

Elected by the shareholders, the Conifer Holding's board of directors comprises two types of representatives: Conifer Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Conifer. The board's role is to monitor Conifer Holding's management team and ensure that shareholders' interests are well served. Conifer Holding'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, Conifer Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
BA BS, President
Harold Meloche, CFO, Treasurer
James Petcoff, Chairman of the Board, CEO
Richard Fiato, Corporate Counsel
Jessica Gulis, Head Relations
Nicholas Petcoff, Executive Vice President Secretary, Director
Andrew Petcoff, Senior Vice President - Marketing

Conifer 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 Conifer Holding 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 Conifer Holding

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 Conifer Holding 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 Conifer Holding will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Conifer Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Conifer Holding 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 Conifer Holding - 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 Conifer Holding to buy it.
The correlation of Conifer Holding 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 Conifer Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Conifer Holding 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 Conifer Holding 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 Conifer Stock Analysis

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