Damien Vanderwilt - Galaxy Digital Senior Director
| GLXY Stock | CAD 23.68 0.12 0.50% |
Director
Damien Vanderwilt is Senior Director of Galaxy Digital Holdings
| Age | 46 |
| Address | 300 Vesey Street, New York, NY, United States, 10282 |
| Phone | 212-499-0070 |
| Web | https://www.galaxy.com |
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Management Performance
| Return On Equity | 0.61 |
Galaxy Digital Holdings Leadership Team
Elected by the shareholders, the Galaxy Digital's board of directors comprises two types of representatives: Galaxy Digital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Galaxy. The board's role is to monitor Galaxy Digital's management team and ensure that shareholders' interests are well served. Galaxy Digital'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, Galaxy Digital's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jennifer Lee, Chief Officer | ||
| Christopher Ferraro, President Officer | ||
| Damien Vanderwilt, Senior Director | ||
| Michael Novogratz, CEO Founder | ||
| Jonathan Goldowsky, Head Relations | ||
| Alexander Ioffe, Chief Officer | ||
| Erin Brown, Chief Officer | ||
| Michael Ashe, Head Banking | ||
| Leon Marshall, CEO Sales | ||
| Michael Daffey, Chairman Advisor | ||
| Andrew JD, General Officer | ||
| Jason Urban, Global Trading | ||
| Richard Tavoso, Manager Director | ||
| Luka Jankovic, Head GalaxyOne |
Galaxy 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 Galaxy Digital 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 | 0.61 | |||
| Current Valuation | 4.08 B | |||
| Shares Outstanding | 125.78 M | |||
| Shares Owned By Insiders | 2.00 % | |||
| Shares Owned By Institutions | 24.00 % | |||
| Number Of Shares Shorted | 1.21 M | |||
| Price To Earning | 2.51 X | |||
| Price To Book | 2.23 X | |||
| Price To Sales | 34.67 X | |||
| EBITDA | 493.24 K |
Pair Trading with Galaxy Digital
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 Galaxy Digital 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 Galaxy Digital will appreciate offsetting losses from the drop in the long position's value.Moving together with Galaxy Stock
Moving against Galaxy Stock
The ability to find closely correlated positions to Galaxy Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Galaxy Digital 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 Galaxy Digital - 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 Galaxy Digital Holdings to buy it.
The correlation of Galaxy Digital 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 Galaxy Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Galaxy Digital Holdings 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 Galaxy Digital 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 Galaxy Stock
Galaxy Digital financial ratios help investors to determine whether Galaxy 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 Galaxy with respect to the benefits of owning Galaxy Digital security.