Evan Wallach - AeroCentury Corp Independent Chairman of the Board

Chairman

Mr. Evan M. Wallach is a Chairman of the Board, Director of the Company. Mr. Wallach is President and Chief Executive Officer of Global Airfinance Services, Inc., an aviation consulting business he founded in 1998 and returned to in June 2012. Mr. Wallach is the Chair of the Board of Directors of the Company, and a member of the Audit Committee, the Compensation Committee, and the Executive Committee. He has served on the Board since 1997 and was appointed Chair in 2016. From December 2009 until June 2012, Mr. Wallach was Managing Director, AviationTransportation Markets at Jefferies Company, Inc. From 2005 to 2009, Mr. Wallach was a Managing Director, AirlineAircraft Securities Sales at Guggenheim Capital Markets, LLC, a securities brokerdealer. From 2001 to 2005, he served as Managing Director, Fixed Income Institutional Sales, at Piper Jaffray LLC, and from 1998 to 2001 he served as Vice President, Finance of CS Aviation Inc., an aviation consulting firm. Mr. Wallach has specialized in aircraft and airline financing for over thirty years, having held senior level positions with The CIT Group, Bankers Trust Company, Kendall Capital Partners, Drexel Burnham Lambert, and American Express Aircraft Leasing since 2016.
Age 64
Tenure 8 years
Phone650-340-1888
Webhttps://www.aerocentury.com
Wallach received a Bachelor Degree in Political Science from State University of New York at Stony Brook and a Master Degree in Business Administration from the University of Michigan.

AeroCentury Corp Management Efficiency

The company has Return on Asset of (1.9) % which means that on every $100 spent on assets, it lost $1.9. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 66.3 %, implying that it generated $66.3 on every 100 dollars invested. AeroCentury Corp's management efficiency ratios could be used to measure how well AeroCentury Corp manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 77.29 M in debt. AeroCentury Corp has a current ratio of 7.89, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist AeroCentury Corp until it has trouble settling it off, either with new capital or with free cash flow. So, AeroCentury Corp'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 AeroCentury Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AeroCentury to invest in growth at high rates of return. When we think about AeroCentury Corp's use of debt, we should always consider it together with cash and equity.

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AeroCentury Corp., through its subsidiary, JetFleet Corp., operates as an independent aircraft lessor and finance company specializing in regional aircraft and related engines. AeroCentury Corp. was incorporated in 1997 and is headquartered in Palo Alto, California. AeroCentury Corp operates under Rental Leasing Services classification in the United States and is traded on NYSEMKT Exchange. It employs 8 people. AeroCentury Corp (ACY) is traded on New York Stock Exchange in USA and employs 8 people.

Management Performance

AeroCentury Corp Leadership Team

Elected by the shareholders, the AeroCentury Corp's board of directors comprises two types of representatives: AeroCentury Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AeroCentury. The board's role is to monitor AeroCentury Corp's management team and ensure that shareholders' interests are well served. AeroCentury Corp'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, AeroCentury Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Neal Crispin, Chairman, CEO and President and Chairman of Executive Committee (Leave of Absence)
Thomas Orr, Independent Director
Karen Rogge, Director
Christopher Tigno, General Counsel
Michael Magnusson, President, Director and Managing Director of JMC
Frank Pegueros, Senior Vice President - Operations
Byron Hurey, Vice President - Aircraft Acquisitions
Glenn Roberts, Vice President Controller
Evan Wallach, Independent Chairman of the Board
Roy Hahn, Independent Director
Jack Humphreys, Vice President - Customer Relations
David Wilson, Independent Director
Brian Ginna, Vice President-Corporate Development, IR Contact Officer
Toni Perazzo, Chief Financial Officer, Senior Vice President - Finance, Treasurer, Secretary, Director
Harold Lyons, Chief Financial Officer, Senior Vice President - Finance, Treasurer, Secretary

AeroCentury 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 AeroCentury Corp 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 AeroCentury Corp 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, AeroCentury Corp's short interest history, or implied volatility extrapolated from AeroCentury Corp options trading.

Pair Trading with AeroCentury Corp

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 AeroCentury Corp 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 AeroCentury Corp will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to T.J. Maxx could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace T.J. Maxx 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 T.J. Maxx - 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 The TJX Companies to buy it.
The correlation of T.J. Maxx 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 T.J. Maxx moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TJX Companies 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 T.J. Maxx 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the AeroCentury Corp information on this page should be used as a complementary analysis to other AeroCentury Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Other Consideration for investing in AeroCentury Stock

If you are still planning to invest in AeroCentury Corp 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 AeroCentury Corp's history and understand the potential risks before investing.
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