Richard Kauffman - Altaba Independent Director

Director

Mr. Richard L. Kauffman is Independent Director of the company. He is currently the Chairman of Energy Finance for New York State, overseeing New York States entire energy portfolio. He has previously worked in energy and finance at some of the nations highest levels, including as senior advisor to U.S. Energy Secretary Steven Chu and as the chief executive officer of Good Energies, Inc., a leading investor in clean energy technologies. He also has held a number of positions in investment banking, including as a partner of Goldman Sachs, where he was the chairman of the Global Financing Group, and as vice chairman of Morgan Stanleys Institutional Securities Business, cohead of its Global Banking Department, and head of Global Equity Capital Markets. In addition, he has served as chairman of the Board of Levi Strauss Co., where he was also chair of the finance committee. since 2017.
Age 55
Tenure 7 years
Phone646 679-2000
Webwww.altaba.com

Altaba Management Efficiency

Altaba's management efficiency ratios could be used to measure how well Altaba manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 891.08 M in liabilities with Debt to Equity (D/E) ratio of 8.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Altaba Inc has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Altaba until it has trouble settling it off, either with new capital or with free cash flow. So, Altaba'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 Altaba Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Altaba to invest in growth at high rates of return. When we think about Altaba's use of debt, we should always consider it together with cash and equity.

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Altaba Inc. operates as a non-diversified, closed-end management investment company in the United States. Altaba Inc. was founded in 1994 and is based in New York, New York. Altaba operates under Asset Management classification in USA and is traded on NASDAQ. Altaba Inc (AABA) is traded on NASDAQ Exchange in USA and employs 8,800 people.

Management Performance

Altaba Inc Leadership Team

Elected by the shareholders, the Altaba's board of directors comprises two types of representatives: Altaba inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Altaba. The board's role is to monitor Altaba's management team and ensure that shareholders' interests are well served. Altaba'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, Altaba's outside directors are responsible for providing unbiased perspectives on the board's policies.
Catherine Friedman, Independent Director
Richard Kauffman, Independent Director
Thomas McInerney, CEO, Independent Director
Alexi Wellman, Chief Financial & Accounting Officer
Arthur Chong, General Counsel, Secretary
Tor Braham, Independent Director
DeAnn Work, Chief Compliance Officer
Eric Brandt, Independent Chairman of the Board

Altaba 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 Altaba 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 Altaba

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 Altaba 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 Altaba will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Goldman Sachs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Goldman Sachs 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 Goldman Sachs - 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 Goldman Sachs Group to buy it.
The correlation of Goldman Sachs 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 Goldman Sachs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Goldman Sachs Group 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 Goldman Sachs 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 bureau of labor statistics.
Note that the Altaba Inc information on this page should be used as a complementary analysis to other Altaba'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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Other Consideration for investing in Altaba Stock

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