Walter II - II VI President
IIVIPDelisted Preferred Stock | USD 187.51 6.12 3.16% |
Insider
Walter II is President of II VI Incorporated
Age | 58 |
Phone | 724 352 4455 |
Web | https://www.ii-vi.com |
II VI Management Efficiency
The company has return on total asset (ROA) of 0.0288 % which means that it generated a profit of $0.0288 on every $100 spent on assets. This is way below average. II VI's management efficiency ratios could be used to measure how well II VI manages its routine affairs as well as how well it operates its assets and liabilities.II VI Incorporated has accumulated 1.9 B in total debt with debt to equity ratio (D/E) of 0.56, which is about average as compared to similar companies. II VI has a current ratio of 3.33, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist II VI until it has trouble settling it off, either with new capital or with free cash flow. So, II VI's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like II VI sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for IIVIP to invest in growth at high rates of return. When we think about II VI's use of debt, we should always consider it together with cash and equity.
Similar Executives
Showing other executives | INSIDER Age | ||
MS BSc | Eldorado Gold Corp | N/A | |
Robert Berman | enVVeno Medical Corp | 61 | |
Robert Wessman | Alvotech | 54 | |
Paul Ferneyhough | Eldorado Gold Corp | N/A | |
Louise McMahon | Eldorado Gold Corp | N/A | |
Philip CA | Eldorado Gold Corp | N/A | |
Warren Hancock | enVVeno Medical Corp | N/A | |
Lisa Ower | Eldorado Gold Corp | N/A | |
Neil Peterson | Merit Medical Systems | 57 | |
Sean Gaskell | Alvotech | 42 | |
Joseph Pierce | Merit Medical Systems | N/A | |
Peter PGeo | Eldorado Gold Corp | N/A | |
Jianqing Bennett | Waters | 54 | |
Craig Glynn | enVVeno Medical Corp | 63 | |
Pearl Huang | Waters | 62 | |
Belinda Hyde | Waters | 53 | |
RoseMarie Ohlsson | Alvotech | N/A | |
Brenda Morris | Xponential Fitness | 55 | |
Mark Levick | Alvotech | 60 | |
John Ballbach | Waters | 60 | |
Sigridur Gudlaugsdottir | Alvotech | N/A |
Management Performance
Return On Equity | 0.0015 | ||||
Return On Asset | 0.0288 |
II VI Leadership Team
Elected by the shareholders, the II VI's board of directors comprises two types of representatives: II VI inside directors who are chosen from within the company, and outside directors, selected externally and held independent of IIVIP. The board's role is to monitor II VI's management team and ensure that shareholders' interests are well served. II VI'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, II VI's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Lourie, VP Communications | ||
Dr Mattera, Board CEO | ||
Giovanni Barbarossa, Pres Officer | ||
Ronald JD, Compliance Legal | ||
Julie Eng, Chief Officer | ||
Mary Raymond, CFO Treasurer | ||
Walter II, President | ||
Anantha Ganga, Chief Officer | ||
Carl Johnson, CoFounder | ||
Christopher Koeppen, Chief Officer |
IIVIP 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 II VI 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 | 0.0015 | ||||
Return On Asset | 0.0288 | ||||
Profit Margin | 0 % | ||||
Operating Margin | 0.11 % | ||||
Current Valuation | 27.58 B | ||||
Shares Owned By Institutions | 83.36 % | ||||
Number Of Shares Shorted | 8.39 K | ||||
Price To Earning | 68.48 X | ||||
Revenue | 3.32 B | ||||
Gross Profit | 1.27 B |
Pair Trading with II VI
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 II VI 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 II VI will appreciate offsetting losses from the drop in the long position's value.Moving against IIVIP Preferred Stock
0.81 | KYCCF | Keyence | PairCorr |
0.7 | HXGBY | Hexagon AB ADR Potential Growth | PairCorr |
0.62 | BKLRF | Berkeley Energy | PairCorr |
0.55 | HXGBF | Hexagon AB | PairCorr |
0.43 | AWCMY | Alumina Limited PK | PairCorr |
The ability to find closely correlated positions to II VI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace II VI 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 II VI - 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 II VI Incorporated to buy it.
The correlation of II VI 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 II VI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if II VI 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 II VI 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 Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Other Consideration for investing in IIVIP Preferred Stock
If you are still planning to invest in II VI check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the II VI's history and understand the potential risks before investing.
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |