Cristobal Tovar - Acerinox CEO

ACX Stock  EUR 10.38  0.20  1.96%   

CEO

Mr. Cristobal Fuentes Tovar serves as Chief Executive Officer of North American Stainless of Acerinox, S.A. He was the former Director of NAS factory.
Phone34 91 398 51 00
Webhttps://www.acerinox.com

Acerinox Management Efficiency

The company has return on total asset (ROA) of 0.1254 % which means that it generated a profit of $0.1254 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3779 %, meaning that it generated $0.3779 on every $100 dollars invested by stockholders. Acerinox's management efficiency ratios could be used to measure how well Acerinox manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 1.37 B in total debt with debt to equity ratio (D/E) of 1.06, which is about average as compared to similar companies. Acerinox has a current ratio of 1.76, which is within standard range for the sector. Debt can assist Acerinox until it has trouble settling it off, either with new capital or with free cash flow. So, Acerinox'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 Acerinox sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Acerinox to invest in growth at high rates of return. When we think about Acerinox's use of debt, we should always consider it together with cash and equity.

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Acerinox, S.A., through its subsidiaries, manufactures, transforms, and markets stainless steel products in Spain, the Americas, Africa, Asia, Oceania, and rest of Europe. Acerinox, S.A. was founded in 1970 and is headquartered in Madrid, Spain. ACERINOX S operates under Steel classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 8384 people. Acerinox (ACX) is traded on Madrid Exchange in Spain and employs 8,282 people.

Management Performance

Acerinox Leadership Team

Elected by the shareholders, the Acerinox's board of directors comprises two types of representatives: Acerinox inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Acerinox. The board's role is to monitor Acerinox's management team and ensure that shareholders' interests are well served. Acerinox'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, Acerinox's outside directors are responsible for providing unbiased perspectives on the board's policies.
Braulio Camara, Independent Director
Oswald Gomez, Director of Institutional Relations, Sustainability And Communications
Mitsuo Ikeda, Director
Luis Valledor, Secretary to the Board
Oswald Gmez, Institutional Sustainability
Fernando Gutierrez, Director of Strategy and Raw Materials
Daniel Zemp, Commercial Director
Pablo Garzon, Director
Ignacio Vicente, Independent Director
Rafael Robredo, Non-Executive Chairman of the Board, Independent Director
George Johnston, Independent Director
Santos GutierrezBarquin, Director, Representative of Corporacion Financiera Alba SA
Hans Helmrich, Chief Officer
Tomas Armengol, Director
Ryo Hattori, Director, Representative of Nisshin Steel Co Ltd
Carlos LoraTamayo, Head Relations
Joachim Maas, CEO of Acerinox Deutchland GMBH
Rosa Pineiro, Independent Director
Antonio Zorrilla, CEO of Acerinox Europa SAU, Director of Gibraltar Field
Lucien Matthews, Chief Executive Officer of Columbus Stainless
Cristobal Tovar, Chief Executive Officer of North American Stainless (NAS)
Bernardo Herreros, Chief Executive Officer, Executive Director
Marta Alonso, Independent Director
Jos Garca, Chief Euskad
Miguel Torres, Chief Financial Officer, Finance Director
Laura Molero, Independent Director
Mark Davis, Chief Executive Officer of Bahru Stainless

Acerinox 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 Acerinox 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Acerinox in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Acerinox's short interest history, or implied volatility extrapolated from Acerinox options trading.

Pair Trading with Acerinox

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 Acerinox 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 Acerinox will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Acerinox could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acerinox 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 Acerinox - 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 Acerinox to buy it.
The correlation of Acerinox 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 Acerinox moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acerinox 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 Acerinox 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.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acerinox. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Acerinox's price analysis, check to measure Acerinox's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Acerinox is operating at the current time. Most of Acerinox's value examination focuses on studying past and present price action to predict the probability of Acerinox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acerinox's price. Additionally, you may evaluate how the addition of Acerinox to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Acerinox's value and its price as these two are different measures arrived at by different means. Investors typically determine if Acerinox is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acerinox's 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.