Michael Wallace - Fairfax Fin VP Operations
| FFH-PG Preferred Stock | CAD 21.25 0.35 1.67% |
Insider
Michael Wallace is VP Operations of Fairfax Fin Hld
| Phone | 416 367 4941 |
| Web | https://www.fairfax.ca |
Michael Wallace Latest Insider Activity
Tracking and analyzing the buying and selling activities of Michael Wallace against Fairfax Fin preferred stock is an integral part of due diligence when investing in Fairfax Fin. Michael Wallace insider activity provides valuable insight into whether Fairfax Fin is net buyers or sellers over its current business cycle. Note, Fairfax Fin insiders must abide by specific rules, including filing SEC forms every time they buy or sell Fairfax Fin'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Michael Wallace six days ago Disposition of 12000 shares by Michael Wallace of Spok Holdings at 15.9485 subject to Rule 16b-3 | ||
Michael Wallace over three months ago Disposition of 25000 shares by Michael Wallace of Spok Holdings at 14.798 subject to Rule 16b-3 | ||
Michael Wallace over six months ago Disposition of tradable shares by Michael Wallace of Spok Holdings subject to Rule 16b-3 | ||
Michael Wallace over six months ago Disposition of 11865 shares by Michael Wallace of Spok Holdings at 16.92 subject to Rule 16b-3 |
Fairfax Fin Management Efficiency
Fairfax Fin's management efficiency ratios could be used to measure how well Fairfax Fin 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 | 0.0088 | ||||
| Return On Asset | 0.0061 |
Fairfax Fin Hld Leadership Team
Elected by the shareholders, the Fairfax Fin's board of directors comprises two types of representatives: Fairfax Fin inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fairfax. The board's role is to monitor Fairfax Fin's management team and ensure that shareholders' interests are well served. Fairfax Fin'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, Fairfax Fin's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jean Cloutier, VP International | ||
| Jennifer Allen, VP CFO | ||
| Derek Bulas, Associate Legal | ||
| Sammy Chan, Pres Asia | ||
| Vinodh Loganadhan, VP Services | ||
| Michael Wallace, VP Operations | ||
| Eric Salsberg, VP Sec | ||
| Prem Watsa, Chairman Founder | ||
| Peter Clarke, Pres COO | ||
| John CPA, VP Devel |
Fairfax 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 Fairfax Fin 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 | 0.0088 | ||||
| Return On Asset | 0.0061 | ||||
| Profit Margin | 0 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | (460.2 M) | ||||
| Shares Outstanding | 27.37 M | ||||
| Shares Owned By Institutions | 31.04 % | ||||
| Number Of Shares Shorted | 13.24 K | ||||
| Price To Earning | 0.45 X | ||||
| Price To Sales | 0.70 X |
Pair Trading with Fairfax Fin
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 Fairfax Fin 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 Fairfax Fin will appreciate offsetting losses from the drop in the long position's value.Moving together with Fairfax Preferred Stock
| 0.95 | FFH-PF | Fairfax Financial | PairCorr |
| 0.77 | FFH-PD | Fairfax Financial | PairCorr |
| 0.96 | FFH-PH | Fairfax Financial | PairCorr |
| 0.95 | FFH-PJ | Fairfax Financial | PairCorr |
| 0.63 | FFH-PM | Fairfax Financial | PairCorr |
Moving against Fairfax Preferred Stock
The ability to find closely correlated positions to Fairfax Fin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fairfax Fin 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 Fairfax Fin - 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 Fairfax Fin Hld to buy it.
The correlation of Fairfax Fin 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 Fairfax Fin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fairfax Fin Hld 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 Fairfax Fin 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.Other Information on Investing in Fairfax Preferred Stock
Fairfax Fin financial ratios help investors to determine whether Fairfax Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fairfax with respect to the benefits of owning Fairfax Fin security.