Scott Appleby - Eagle Point Independent Director

Director

Mr. Scott W. Appleby is an Independent Director of Eagle Point Credit Company Inc. Mr. Appleby is the President of Appleby Capital, Inc. and has more than 20 years of banking experience at Appleby Capital, Deutsche Bank, Robertson Stephens, ABN Amro and Paine Webber. As a senior equity analyst, he has written on global exchanges, alternative asset managers and financial technology. He was also one of the first Internet analysts and, in 1997, the first analyst to cover the electronic brokerage industry. Mr. Appleby remains an active writer and speaker on financial technology and Wall Street trends. Mr. Appleby serves on a number of private company and community boards since 2014.
Age 51
Tenure 10 years
Professional MarksMBA
Webhttp://www.eaglepointcreditcompany.com
Appleby holds an M.B.A. from Cornell University and a B.S. from the University of Vermont.

Eagle Point Management Efficiency

The company has return on total asset (ROA) of 5.82 % which means that it generated a profit of $5.82 on every $100 spent on assets. This is normal as compared to the sector avarege. Similarly, it shows a return on stockholder's equity (ROE) of 12.06 %, meaning that it created $12.06 on every $100 dollars invested by stockholders. Eagle Point's management efficiency ratios could be used to measure how well Eagle Point manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 177.24 M in liabilities with Debt to Equity (D/E) ratio of 49.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Eagle Point Credit has a current ratio of 1.49, which is within standard range for the sector. Debt can assist Eagle Point until it has trouble settling it off, either with new capital or with free cash flow. So, Eagle Point'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 Eagle Point Credit sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eagle to invest in growth at high rates of return. When we think about Eagle Point's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Kelly AyotteBoston Properties
52
Liming ChenKandi Technologies Group
78
Frank CohenHudson Pacific Properties
42
Kim FosterTeleflex Incorporated
68
Jonathan GlaserHudson Pacific Properties
57
Stephen ONeilAlphatec Holdings
82
Jerry LewinKandi Technologies Group
60
Henry YuKandi Technologies Group
61
Jeffrey GravesTeleflex Incorporated
55
William WaltonBoston Properties
68
Jason HochbergAlphatec Holdings
N/A
Faysal KalmouaAlvotech
48
George BabichTeleflex Incorporated
69
Evan BakstAlphatec Holdings
N/A
WILLIAM CookTeleflex Incorporated
71
Richard PackerTeleflex Incorporated
62
Diane HoskinsBoston Properties
62
Stuart RandleTeleflex Incorporated
61
Xiaoying ZhuKandi Technologies Group
44
David MowryAlphatec Holdings
55
Jingsong QianKandi Technologies Group
53
Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States. Eagle Point is traded on New York Stock Exchange in USA. Eagle Point Credit (ECCY) is traded on New York Stock Exchange in USA and employs 9 people.

Management Performance

Eagle Point Credit Leadership Team

Elected by the shareholders, the Eagle Point's board of directors comprises two types of representatives: Eagle Point inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eagle. The board's role is to monitor Eagle Point's management team and ensure that shareholders' interests are well served. Eagle Point'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, Eagle Point's outside directors are responsible for providing unbiased perspectives on the board's policies.
Paul Tramontano, Independent Director
Nauman Malik, Chief Compliance Officer, General Counsel
Courtney Fandrick, Deputy Chief Compliance Officer, Secretary
Scott Appleby, Independent Director
Jeffrey Weiss, Independent Director
Thomas Majewski, CEO, Director
Kenneth Onorio, CFO, COO
James Matthews, Chairperson of the Board
Kevin McDonald, Independent Director

Eagle 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 Eagle Point 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 Eagle Point

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 Eagle Point 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 Eagle Point will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Carnival could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carnival 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 Carnival - 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 Carnival to buy it.
The correlation of Carnival 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 Carnival moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carnival 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 Carnival 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 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 Eagle Point Credit information on this page should be used as a complementary analysis to other Eagle Point'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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Other Consideration for investing in Eagle Stock

If you are still planning to invest in Eagle Point Credit 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 Eagle Point's history and understand the potential risks before investing.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio