Wally Walker - Atlas Financial Additional Independent Director

Director

Mr. Wally Walker is Additional Independent Director of the company. He has served as a Vice President in Goldman, Sachs Co. Private Client Services group from 1987 through 1994. In April 1994, Mr. Walker formed Walker Capital, Inc., a San Francisco based money management firm. In September of that year, Mr. Walker became President and General Manager of the Seattle SuperSonics and also became President of the Seattle Storm beginning in 2001. He was President, Chief Executive Officer, and an owner of the teams until their sale in 2006. In late 2007, he formed Hana Road Capital LLC, where he remains its owner and Chief Investment Officer. Mr. Walker graduated from the University of Virginia in 1976, having received several academic awards and scholarships as well as MVP recognition in the ACC tournament. He is currently a member of the NCAA Honors Committee. After graduation, he played for the Portland Trailblazers and the Seattle SuperSonics and was a member of their Championship teams in 1977 and 1979, respectively. He later played for the Houston Rockets until his retirement from professional basketball in 1985. Mr. Walker received an MBA from Stanford University in 1987 and received his CFA certification in 1992. Since 2005, Mr. Walker was a member of the Advisory Council of Stone Arch Capital, a Minneapolis based private equity firm since 2017.
Tenure 7 years
Phone847-472-6700
Webhttp://www.atlas-fin.com
Walker also serves as an independent trustee at Smead Capital Management, a Seattle based mutual fund. Previously, he served on the Board of Visitors at the University of Virginia.

Atlas Financial Management Efficiency

The company has Return on Asset of (11.89) % which means that on every $100 spent on assets, it lost $11.89. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (193.81) %, meaning that it generated no profit with money invested by stockholders. Atlas Financial's management efficiency ratios could be used to measure how well Atlas Financial manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 26.9 M in debt with debt to equity (D/E) ratio of 6.18, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Atlas Financial Holdings has a current ratio of 0.71, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Atlas Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Atlas Financial'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 Atlas Financial Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Atlas to invest in growth at high rates of return. When we think about Atlas Financial's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Abhijit TalwalkarAdvanced Micro Devices
54
Daniel DiLeoQorvo Inc
69
David BivenCirrus Logic
N/A
Walter WilkinsonQorvo Inc
72
Alexander DavernCirrus Logic
50
John HardingQorvo Inc
62
John HardingAdvanced Micro Devices
59
Susan WangCirrus Logic
63
Joseph HouseholderAdvanced Micro Devices
62
Roderick NelsonQorvo Inc
57
John CaldwellAdvanced Micro Devices
68
Martin EdelmanAdvanced Micro Devices
73
Charles GibsonQorvo Inc
65
John MarrenAdvanced Micro Devices
55
Christine KingCirrus Logic
68
John CarterCirrus Logic
62
Chelsea HeffernanCirrus Logic
N/A
Andrea WishomPinterest
50
Evan SharpPinterest
41
Wai ChowAdvanced Micro Devices
68
Nora DenzelAdvanced Micro Devices
56
Atlas Financial Holdings, Inc., through its subsidiaries, engages in underwriting commercial automobile insurance policies in the United States. Atlas Financial Holdings, Inc. is headquartered in Schaumburg, Illinois. Atlas Financial operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange. It employs 286 people. Atlas Financial Holdings (AFH) is traded on NASDAQ Exchange in USA and employs 286 people.

Management Performance

Atlas Financial Holdings Leadership Team

Elected by the shareholders, the Atlas Financial's board of directors comprises two types of representatives: Atlas Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Atlas. The board's role is to monitor Atlas Financial's management team and ensure that shareholders' interests are well served. Atlas Financial'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, Atlas Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kamilla SytekSkonieczna, Chairman of the Supervisory Board
Maciej Stanczuk, Member of the Supervisory Board
Klaudiusz Sytek, Chairman of the Management Board
John Fitzgerald, Independent Director
Larry Swets, Director
Pawel Opoka, Vice Chairman of the Management Board
Olga ChojeckaSzymanska, Member of the Supervisory Board
Joseph Shugrue, VP of Claims
Dawid Pawlowski, Member of the Supervisory Board
Bruce Giles, VP of Underwriting
Wally Walker, Additional Independent Director
Ludwik Sobolewski, Member of the Supervisory Board
Mateusz Niemczyk, Vice Chairman of the Management Board
Jordan Kupinsky, Independent Director
Scott Wollney, CEO and President Director and Member of Investment Committee
Gordon Pratt, Independent Chairman of the Board
Leslie Dimaggio, VP of Operations and IT
Paul Romano, CFO and VP

Atlas 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 Atlas Financial 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.

Pair Trading with Atlas Financial

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 Atlas Financial 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 Atlas Financial will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Wells Fargo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wells Fargo 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 Wells Fargo - 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 Wells Fargo to buy it.
The correlation of Wells Fargo 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 Wells Fargo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wells Fargo 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 Wells Fargo 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 census.
Note that the Atlas Financial Holdings information on this page should be used as a complementary analysis to other Atlas Financial'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Other Consideration for investing in Atlas Stock

If you are still planning to invest in Atlas Financial Holdings 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 Atlas Financial's history and understand the potential risks before investing.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges