David Olivet - Six Flags Director
| FUN Stock | USD 45.30 0.80 1.74% |
Director
Mr. David Scott Olivet is Independent Director of Cedar Fair Management, Inc., the General Partner of Cedar Fair, L.P. with effect from June 6, 2013. He is chief executive officer of Renegade Brands, an investment company that primarily invests in apparel and other consumer companies, and an operating partner at Altamont Capital Partners, a private equity firm. He also serves as the executive chairman of RED Digital Cinema, an American manufacturer of digital cinematography tools, a position he has held since July 2009. Mr. Olivet was the nonexecutive chairman of Collective Brands, a parent company that owns shoe retailers and manufacturers, from June 2011 to October 2012. From 2005 to July 2009, Mr. Olivet served as chief executive officer and director of Oakley, served as its chairman of the board. Prior to joining Oakley, Mr. Olivet served as vice president of NIKE Subsidiaries and New Business Development where he was responsible for the Hurley, Converse, Cole Haan, Bauer Hockey, and Starter brands senior vice president of Real Estate, Store Design, and Construction with Gap Inc. with responsibility across Gap, Banana Republic, and Old Navy brands and as a partner with Bain Company. He has served as a director of RED Digital Cinema Camera Company since 2006, a director of Skullcandy serving as a member of its audit committee and chair of the compensation committee since 2011, a trustee of Pomona College since 2009 and vicechair of its audit committee since 2011, and a director of the Pacific Council on International Policy since July 2010. He also serves as chairman of the board for both Dakine and Mervin Manufacturing since November 2013 and is a member of the boards of HUF Worldwide, Inc., since October 2014, Brixton Manufacturing, since October 2014, Fox Head, Inc., since December 2014, and Hybrid Apparel since December 2014. He served as a director of Collective Brands from 2006 to 2012. Mr since 2013.
| Age | 57 |
| Tenure | 11 years |
| Address | 8701 Red Oak Blvd, Charlotte, NC, United States, 28217 |
| Phone | 419 626 0830 |
| Web | https://www.sixflags.com |
Six Flags Management Efficiency
The company has Return on Asset of 0.0491 % which means that on every $100 spent on assets, it made $0.0491 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.041 %, implying that it generated $0.041 on every 100 dollars invested. Six Flags' management efficiency ratios could be used to measure how well Six Flags manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Six Flags' Return On Tangible Assets are very stable compared to the past year. As of the 21st of November 2024, Return On Capital Employed is likely to grow to 0.20, while Return On Equity is likely to drop (0.22). At this time, Six Flags' Return On Tangible Assets are very stable compared to the past year. As of the 21st of November 2024, Intangibles To Total Assets is likely to grow to 0.15, while Total Assets are likely to drop about 1.4 B.Similar Executives
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Management Performance
| Return On Equity | 0.041 | ||||
| Return On Asset | 0.0491 |
Six Flags Entertainment Leadership Team
Elected by the shareholders, the Six Flags' board of directors comprises two types of representatives: Six Flags inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Six. The board's role is to monitor Six Flags' management team and ensure that shareholders' interests are well served. Six Flags' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Six Flags' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Lauri Shanahan, Independent Director of Cedar Fair Management, Inc. | ||
| Brian Witherow, Chief Financial Officer, Executive Vice President of Cedar Fair Management, Inc. | ||
| Ty Tastepe, Senior Officer | ||
| Selim Bassoul, Executive Chairman | ||
| Seenu Sarma, Senior Vice President Chief Procurement Officer | ||
| Kelley Ford, Ex Inc | ||
| David Hoffman, Senior Vice President Chief Accounting Officer of Cedar Fair Management, Inc. | ||
| Debra SmithartOglesby, Lead Independent Director of Cedar Fair Management, Inc. | ||
| Michael Russell, Corporate Relations | ||
| Daniel Hanrahan, Independent Director of Cedar Fair Management, Inc. | ||
| Tim Fisher, Chief Operating Officer of Cedar Fair Management, Inc | ||
| Carlos Ruisanchez, Independent Director of Cedar Fair Management, Inc. | ||
| David Olivet, Independent Director of Cedar Fair Management, Inc. | ||
| Richard Zimmerman, President, Chief Executive Officer, Director of Cedar Fair Management, Inc | ||
| Charles Myers, Senior Vice President - Creative Development of Cedar Fair Management, Inc. | ||
| Brian Nurse, Executive Vice President Chief Legal Officer, Company Secretary | ||
| Robert Decker, Corporate Vice President - Planning and Design of Cedar Fair Management, Inc. | ||
| John Scott, Independent Director of Cedar Fair Management, Inc. | ||
| Matthew Ouimet, CEO of Cedar Fair Management Inc and President of Cedar Fair Management, Inc and Director of Cedar Fair Management Inc | ||
| Monica Sauls, Senior Officer | ||
| Scott Tanner, Corporate Co | ||
| Gina France, Independent Director of Cedar Fair Management, Inc | ||
| Louis Carr, Director of Cedar Fair Management, Inc | ||
| Kelley Semmelroth, Executive Vice President Chief Marketing Officer of Cedar Fair Management, Inc. | ||
| Duffield Milkie, Executive Vice President, General Counsel, Corporate Secretary of Cedar Fair Management, Inc | ||
| Craig Heckman, Executive Vice President of Human Resources of Cedar Fair Management, Inc. |
Six 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 Six Flags 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 | 0.041 | ||||
| Return On Asset | 0.0491 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 7.09 B | ||||
| Shares Outstanding | 100.13 M | ||||
| Shares Owned By Insiders | 0.96 % | ||||
| Shares Owned By Institutions | 93.90 % | ||||
| Number Of Shares Shorted | 8.98 M | ||||
| Price To Earning | 26.81 X |
Pair Trading with Six Flags
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 Six Flags 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 Six Flags will appreciate offsetting losses from the drop in the long position's value.Moving together with Six Stock
Moving against Six Stock
| 0.66 | SBET | Sharplink Gaming | PairCorr |
| 0.55 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.45 | WING | Wingstop | PairCorr |
| 0.41 | PTLO | Portillos | PairCorr |
| 0.34 | BTBD | Bt Brands | PairCorr |
The ability to find closely correlated positions to Six Flags could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Six Flags 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 Six Flags - 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 Six Flags Entertainment to buy it.
The correlation of Six Flags 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 Six Flags moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Six Flags Entertainment 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 Six Flags 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Six Flags Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Hotels, Restaurants & Leisure space 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 Six Flags. If investors know Six 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 Six Flags 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 (0.74) | Dividend Share 0.3 | Earnings Share 2.4 | Revenue Per Share 38.014 | Quarterly Revenue Growth 0.601 |
The market value of Six Flags Entertainment is measured differently than its book value, which is the value of Six that is recorded on the company's balance sheet. Investors also form their own opinion of Six Flags' value that differs from its market value or its book value, called intrinsic value, which is Six Flags' 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 Six Flags' market value can be influenced by many factors that don't directly affect Six Flags' 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 Six Flags' value and its price as these two are different measures arrived at by different means. Investors typically determine if Six Flags is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Six Flags' 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.