Morten Hubbe - Tryg AS CEO
| TRYG Stock | DKK 160.90 1.30 0.80% |
CEO
Mr. Morten Hubbe was Group Chief Executive Officer of Tryg AS since 2011 and Member of the Executive Board since January 1, 2016. Previously, he was Member of the Executive Management and Member of the Group Executive Management of the Company from 2003 until January 1, 2016. Previously, he served as Group Chief Financial Officer of the Company from 2002 until 2011. He joined Tryg in 2002. Prior to this, he was Nordic Chief Financial Officer at Zurich Nordic, Deputy Chief Financial Officer at Zurich Nordic, Operations Manager Nordic Investment Department at Zurich Nordic, Financial Analyst at Alm. Brand Forsikring and Controller at Zurich since 2016.
| Age | 51 |
| Tenure | 8 years |
| Phone | 45 70 11 20 20 |
| Web | https://www.tryg.com |
Tryg AS Management Efficiency
The company has return on total asset (ROA) of 0.0227 % which means that it generated a profit of $0.0227 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0491 %, meaning that it generated $0.0491 on every $100 dollars invested by stockholders. Tryg AS's management efficiency ratios could be used to measure how well Tryg AS manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 3 records | CEO Age | ||
| Steen SoendergaardLarsen | ChemoMetec AS | 60 | |
| Per Knudsen | cBrain AS | 64 | |
| Claus Madsen | ChemoMetec AS | N/A | |
Management Performance
| Return On Equity | 0.0491 | |||
| Return On Asset | 0.0227 |
Tryg AS Leadership Team
Elected by the shareholders, the Tryg AS's board of directors comprises two types of representatives: Tryg AS inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tryg. The board's role is to monitor Tryg AS's management team and ensure that shareholders' interests are well served. Tryg AS'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, Tryg AS's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Johan Brammer, Chief Commercial Officer, Member of the Executive Board | ||
| Barbara Jensen, Group CFO, Member of the Executive Board | ||
| Gianandrea Roberti, Investor Relations Officer | ||
| Lars Bonde, COO, Group Executive VP of Private, Country Manager of Denmark and Member of Group Executive Management | ||
| Espen Stroemme, VP Norway | ||
| Jens Galsgaard, Chief Auditor | ||
| Tanja Frederiksen, Head Communications | ||
| Linna Ecorcheville, Managing Forsakringar | ||
| Morten Hubbe, Group CEO, Member of the Executive Management, Member of the Group Executive Management | ||
| Jesper Joensen, Group Executive Vice President Claims; Member of the Group Executive Management |
Tryg 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 Tryg AS 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 | 0.0491 | |||
| Return On Asset | 0.0227 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 113.42 B | |||
| Shares Outstanding | 631.2 M | |||
| Shares Owned By Insiders | 0.09 % | |||
| Shares Owned By Institutions | 72.84 % | |||
| Price To Earning | 11.63 X | |||
| Price To Book | 2.37 X |
Pair Trading with Tryg AS
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 Tryg AS 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 Tryg AS will appreciate offsetting losses from the drop in the long position's value.Moving together with Tryg Stock
Moving against Tryg Stock
| 0.66 | ESG | Ennogie Solar Group | PairCorr |
| 0.43 | CONFRZ | Conferize AS | PairCorr |
| 0.37 | DKIJAP | Investeringsforeningen | PairCorr |
| 0.36 | MONSO | Monsenso AS | PairCorr |
The ability to find closely correlated positions to Tryg AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tryg AS 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 Tryg AS - 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 Tryg AS to buy it.
The correlation of Tryg AS 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 Tryg AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tryg AS 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 Tryg AS 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 Tryg Stock
Tryg AS financial ratios help investors to determine whether Tryg 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 Tryg with respect to the benefits of owning Tryg AS security.