Gary Smith - Fortis Pref Executive Innovation
| FTS-PM Preferred Stock | CAD 20.60 0.15 0.73% |
Executive
Gary Smith is Executive Innovation of Fortis Pref M
| Age | 62 |
| Phone | 709 737 2800 |
| Web | https://www.fortisinc.com |
Gary Smith Latest Insider Activity
Tracking and analyzing the buying and selling activities of Gary Smith against Fortis Pref preferred stock is an integral part of due diligence when investing in Fortis Pref. Gary Smith insider activity provides valuable insight into whether Fortis Pref is net buyers or sellers over its current business cycle. Note, Fortis Pref insiders must abide by specific rules, including filing SEC forms every time they buy or sell Fortis Pref'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Gary Smith over three months ago Disposition of 3048 shares by Gary Smith of Ciena Corp at 46.96 subject to Rule 16b-3 | ||
Gary Smith over six months ago Disposition of 4166 shares by Gary Smith of Ciena Corp at 44.7976 subject to Rule 16b-3 | ||
Gary Smith over six months ago Disposition of 4166 shares by Gary Smith of Ciena Corp at 49.8386 subject to Rule 16b-3 | ||
Gary Smith over six months ago Disposition of 4166 shares by Gary Smith of Ciena Corp at 56.8623 subject to Rule 16b-3 |
Fortis Pref Management Efficiency
The company has return on total asset (ROA) of 0.0309 % which means that it generated a profit of $0.0309 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0744 %, meaning that it generated $0.0744 on every $100 dollars invested by stockholders. Fortis Pref's management efficiency ratios could be used to measure how well Fortis Pref 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 | 0.0744 | ||||
| Return On Asset | 0.0309 |
Fortis Pref M Leadership Team
Elected by the shareholders, the Fortis Pref's board of directors comprises two types of representatives: Fortis Pref inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fortis. The board's role is to monitor Fortis Pref's management team and ensure that shareholders' interests are well served. Fortis Pref'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, Fortis Pref's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gary Smith, Executive Innovation | ||
| Jocelyn Perry, Executive CFO | ||
| Stephanie Amaimo, Vice Relations | ||
| Keri Glitch, Chief VP | ||
| Ronald Hinsley, Chief VP | ||
| Regan ODea, VP Counsel | ||
| David Hutchens, CEO President | ||
| Kevin Woodbury, Vice Technology | ||
| James Reid, Executive Officer | ||
| Tanya Finlay, Vice Culture | ||
| Susan Gray, Ex Operations | ||
| Stuart Lochray, Senior Development | ||
| MEd BPR, Vice Relations |
Fortis 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 Fortis Pref 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 | 0.0744 | ||||
| Return On Asset | 0.0309 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 44.9 B | ||||
| Shares Outstanding | 426.6 M | ||||
| Shares Owned By Institutions | 26.70 % | ||||
| Number Of Shares Shorted | 42.42 K | ||||
| Price To Earning | 4.52 X | ||||
| Price To Sales | 2.52 X |
Pair Trading with Fortis Pref
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 Fortis Pref 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 Fortis Pref will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Fortis Pref could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fortis Pref 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 Fortis Pref - 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 Fortis Pref M to buy it.
The correlation of Fortis Pref 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 Fortis Pref moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fortis Pref M 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 Fortis Pref 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 Fortis Preferred Stock
Fortis Pref financial ratios help investors to determine whether Fortis 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 Fortis with respect to the benefits of owning Fortis Pref security.