Michael Fogarty - Diamond S Senior Vice President - Commercial
Insider
Michael Fogarty is Senior Vice President - Commercial of Diamond S Shipping since 2019.
| Age | 52 |
| Tenure | 5 years |
| Phone | 203 413 2000 |
| Web | http://www.diamondsshipping.com |
Diamond S Management Efficiency
The company has return on total asset (ROA) of 0.22 % which means that it generated a profit of $0.22 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (4.25) %, meaning that it created substantial loss on money invested by shareholders. Diamond S's management efficiency ratios could be used to measure how well Diamond S manages its routine affairs as well as how well it operates its assets and liabilities.The company currently holds 646.49 M in liabilities with Debt to Equity (D/E) ratio of 0.54, which is about average as compared to similar companies. Diamond S Shipping has a current ratio of 0.75, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Diamond S until it has trouble settling it off, either with new capital or with free cash flow. So, Diamond S'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 Diamond S Shipping sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Diamond to invest in growth at high rates of return. When we think about Diamond S's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | -4.25 | |||
| Return On Asset | 0.22 |
Diamond S Shipping Leadership Team
Elected by the shareholders, the Diamond S's board of directors comprises two types of representatives: Diamond S inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Diamond. The board's role is to monitor Diamond S's management team and ensure that shareholders' interests are well served. Diamond S'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, Diamond S's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Bart Veldhuizen, Independent Non-Executive Director | ||
| Michael Fogarty, Senior Vice President - Commercial | ||
| Gerasimos Kalogiratos, Non-Executive Director | ||
| Kevin Kilcullen, Chief Financial Officer | ||
| Sanjay Sukhrani, Chief Operating Officer | ||
| Harold Malone, Independent Non-Executive Director | ||
| Craig Stevenson, President, Chief Executive Officer, Director | ||
| George Cambanis, Independent Non-Executive Director | ||
| Nadim Qureshi, Independent Non-Executive Chairman of the Board | ||
| Anoushka Kachelo, General Counsel, Secretary | ||
| Alexandra Blankenship, Independent Non-Executive Director |
Diamond 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 Diamond S 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 | -4.25 | |||
| Return On Asset | 0.22 | |||
| Profit Margin | (11.68) % | |||
| Operating Margin | 1.49 % | |||
| Current Valuation | 1.02 B | |||
| Shares Outstanding | 40.61 M | |||
| Shares Owned By Insiders | 8.94 % | |||
| Shares Owned By Institutions | 78.36 % | |||
| Number Of Shares Shorted | 813.03 K | |||
| Price To Earning | 17.36 X |
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 Diamond S 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, Diamond S's short interest history, or implied volatility extrapolated from Diamond S options trading.
Pair Trading with Diamond S
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 Diamond S 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 Diamond S will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Fiserv could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fiserv 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 Fiserv - 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 Fiserv Inc to buy it.
The correlation of Fiserv 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 Fiserv moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fiserv Inc 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 Fiserv 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 state. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Other Consideration for investing in Diamond Stock
If you are still planning to invest in Diamond S Shipping 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 Diamond S's history and understand the potential risks before investing.
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