Paul Friedman - Great Ajax Independent Director
| AJX Stock | USD 3.73 0.08 2.19% |
Director
Mr. Paul M. Friedman is Independent Director of the Company. He has served on the Board of Directors of Oppenheimer Holdings Inc. since July 2015 and is currently Chairman of its Compliance Committee and a member of its Special and Compensation Committees. From November 2009 to March 2015, Mr. Friedman served as the Senior Managing Director and Chief Operating Officer of Guggenheim Securities LLC. From June 2008 to October 2009, Mr. Friedman served as the Managing Director of Mariner Investment Group. Mr. Friedman spent 27 years at Bear Stearns Co. Inc. from 1981 to 2008, most recently holding the position of Chief Operating Officer of its Fixed Income Division since 2016.
| Age | 65 |
| Tenure | 8 years |
| Address | 13190 SW 68th Parkway, Tigard, OR, United States, 97223 |
| Phone | 503 505 5670 |
| Web | https://www.greatajax.com |
Paul Friedman Latest Insider Activity
Tracking and analyzing the buying and selling activities of Paul Friedman against Great Ajax stock is an integral part of due diligence when investing in Great Ajax. Paul Friedman insider activity provides valuable insight into whether Great Ajax is net buyers or sellers over its current business cycle. Note, Great Ajax insiders must abide by specific rules, including filing SEC forms every time they buy or sell Great Ajax'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Paul Friedman over a week ago Acquisition by Paul Friedman of 1070 shares of Great Ajax at 9.34 subject to Rule 16b-3 | ||
Paul Friedman over three weeks ago Disposition of 4866 shares by Paul Friedman of Madrigal Pharmaceuticals at 248.5907 subject to Rule 16b-3 | ||
Paul Friedman over three weeks ago Acquisition by Paul Friedman of 1829 shares of Tiptree subject to Rule 16b-3 | ||
Paul Friedman over a month ago Acquisition by Paul Friedman of 3080 shares of Great Ajax at 4.87 subject to Rule 16b-3 |
Great Ajax Management Efficiency
The company has Return on Asset of (0.0333) % which means that on every $100 spent on assets, it lost $0.0333. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.1449) %, meaning that it generated no profit with money invested by stockholders. Great Ajax's management efficiency ratios could be used to measure how well Great Ajax manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to rise to 0.04 in 2024, despite the fact that Return On Tangible Assets are likely to grow to (0.03). At this time, Great Ajax's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 552.7 M in 2024, whereas Net Tangible Assets are likely to drop slightly above 325.9 M in 2024.Similar Executives
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Management Performance
| Return On Equity | -0.14 | ||||
| Return On Asset | -0.0333 |
Great Ajax Corp Leadership Team
Elected by the shareholders, the Great Ajax's board of directors comprises two types of representatives: Great Ajax inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Great. The board's role is to monitor Great Ajax's management team and ensure that shareholders' interests are well served. Great Ajax'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, Great Ajax's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jonathan Handley, Independent Director | ||
| Kirk Ogren, Independent Director | ||
| Paul Friedman, Independent Director | ||
| John Condas, Independent Director | ||
| Lauren DeMasi, Secretary | ||
| Mary Doyle, Chief Financial Officer; Chief Financial Officer of Thetis Asset Management LLC and Gregory Funding LLC | ||
| Russell Schaub, President, Director; Vice President and Chief Operating Officer of Gregory Funding LLC | ||
| Glenn Ohl, CFO | ||
| Mary Haggerty, Independent Director | ||
| Daniel Hoffman, Independent Director | ||
| Mary CPA, Chief Officer | ||
| Lawrence Mendelsohn, Chairman of the Board, Chief Executive Officer; Manager of Thetis Asset Management LLC | ||
| Steven Begleiter, Director | ||
| J Ogren, Independent Director |
Great 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 Great Ajax 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 | -0.14 | ||||
| Return On Asset | -0.0333 | ||||
| Operating Margin | 1.34 % | ||||
| Current Valuation | 1.1 B | ||||
| Shares Outstanding | 36.99 M | ||||
| Shares Owned By Insiders | 2.49 % | ||||
| Shares Owned By Institutions | 76.00 % | ||||
| Number Of Shares Shorted | 235.29 K | ||||
| Price To Earning | 7.81 X | ||||
| Price To Book | 0.50 X |
Pair Trading with Great Ajax
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 Great Ajax 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 Great Ajax will appreciate offsetting losses from the drop in the long position's value.Moving against Great Stock
| 0.81 | AXP | American Express Financial Report 19th of July 2024 | PairCorr |
| 0.76 | AMP | Ameriprise Financial Financial Report 24th of July 2024 | PairCorr |
| 0.74 | ACR | Acres Commercial Realty | PairCorr |
| 0.73 | EVR | Evercore Partners | PairCorr |
| 0.71 | EARN | Ellington Residential Financial Report 9th of May 2024 | PairCorr |
The ability to find closely correlated positions to Great Ajax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Great Ajax 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 Great Ajax - 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 Great Ajax Corp to buy it.
The correlation of Great Ajax 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 Great Ajax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Great Ajax Corp 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 Great Ajax 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Great Ajax Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Great Stock analysis
When running Great Ajax's price analysis, check to measure Great Ajax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Great Ajax is operating at the current time. Most of Great Ajax's value examination focuses on studying past and present price action to predict the probability of Great Ajax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Ajax's price. Additionally, you may evaluate how the addition of Great Ajax to your portfolios can decrease your overall portfolio volatility.
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Is Great Ajax's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Great Ajax. If investors know Great will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Great Ajax listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Dividend Share 0.76 | Earnings Share (2.01) | Revenue Per Share (0.80) | Quarterly Revenue Growth (0.82) |
The market value of Great Ajax Corp is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Ajax's value that differs from its market value or its book value, called intrinsic value, which is Great Ajax's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Great Ajax's market value can be influenced by many factors that don't directly affect Great Ajax's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Great Ajax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Ajax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Ajax's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.