Peter Faricy - Discovery CEO, Global Direct to Consumer
CEO
Mr. Peter Faricy is Chief Executive Officer, Global Direct to Consumer of the company. He Mr. Faricy joined Discovery in September 2018. Prior to joining Discovery, Mr. Faricy served as Vice President of Amazon Marketplace and has over 20 years of leadership at the intersection of technology and media. since 2018.
| Age | 51 |
| Tenure | 6 years |
| Phone | 240 662 2000 |
| Web | https://corporate.discovery.com |
Discovery Management Efficiency
The company has return on total asset (ROA) of 3.78 % which means that it generated a profit of $3.78 on every $100 spent on assets. This is normal as compared to the sector avarege. Similarly, it shows a return on equity (ROE) of 9.29 %, meaning that it generated $9.29 on every $100 dollars invested by stockholders. Discovery's management efficiency ratios could be used to measure how well Discovery manages its routine affairs as well as how well it operates its assets and liabilities.The company has accumulated 15.65 B in total debt with debt to equity ratio (D/E) of 1.17, which is about average as compared to similar companies. Discovery has a current ratio of 2.06, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Discovery until it has trouble settling it off, either with new capital or with free cash flow. So, Discovery'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 Discovery sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Discovery to invest in growth at high rates of return. When we think about Discovery's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | 9.29 | |||
| Return On Asset | 3.78 |
Discovery Leadership Team
Elected by the shareholders, the Discovery's board of directors comprises two types of representatives: Discovery inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Discovery. The board's role is to monitor Discovery's management team and ensure that shareholders' interests are well served. Discovery'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, Discovery's outside directors are responsible for providing unbiased perspectives on the board's policies.
| David Zaslav, CEO and President Director ,Member of Executive Committee, CEO of Discovery Communications Holding LLC and President of Discovery Communications Holding LLC | ||
| Kurt Wehner, Chief Accounting Officer and Executive VP | ||
| LaVoy Robison, Independent Director | ||
| Robert Miron, Independent Director | ||
| Decker Anstrom, Independent Director | ||
| Robert Bennett, Independent Director | ||
| JeanBriac Perrette, President - Discovery Networks International | ||
| Adria AlpertRomm, Senior Executive Vice President - Human Resources | ||
| Paul Gould, Independent Director | ||
| Bruce Campbell, Chief Devel., Distribution and Legal Officer | ||
| Daniel Sanchez, Independent Director | ||
| Peter Faricy, CEO, Global Direct to Consumer | ||
| Robert Beck, Independent Director | ||
| Gunnar Wiedenfels, CFO | ||
| Kenneth Lowe, Director | ||
| Susan Swain, Independent Director | ||
| Lori Locke, Executive Vice President Chief Accounting Officer | ||
| John Malone, Independent Director | ||
| Paul Guagliardo, Chief Commercial Officer | ||
| Steven Miron, Independent Director | ||
| David Leavy, Chief Communications Officer and Sr. Executive VP of Corporate Marketing and Affairs | ||
| Andrew Warren, CFO and Sr. Executive VP | ||
| David Wargo, Independent Director |
Discovery 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 Discovery 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 | 9.29 | |||
| Return On Asset | 3.78 | |||
| Profit Margin | 8.25 % | |||
| Operating Margin | 17.00 % | |||
| Current Valuation | 31.67 B | |||
| Shares Outstanding | 330.15 M | |||
| Shares Owned By Insiders | 4.58 % | |||
| Shares Owned By Institutions | 89.17 % | |||
| Number Of Shares Shorted | 17.92 M | |||
| Price To Earning | 16.33 X |
Pair Trading with Discovery
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 Discovery 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 Discovery will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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 Investing Opportunities 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 Discovery information on this page should be used as a complementary analysis to other Discovery'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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Discovery Stock
If you are still planning to invest in Discovery 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 Discovery's history and understand the potential risks before investing.
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| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |