Joseph Nackashi - Black Knight Chief Officer
| BKIDelisted Stock | USD 75.76 0.05 0.07% |
Executive
Mr. Joseph M. Nackashi serves as President of the Company. Mr. Nackashi has served as our President since July 2017. Mr. Nackashi previously served as President of our Servicing Software division since January 2014, and served as our Chief Information Officer from January 2014 until June 2015. Mr. Nackashi previously served as Executive Vice President and Chief Information Officer of LPS from July 2008 until LPS was acquired by FNF in January 2014. since 2017.
| Age | 59 |
| Tenure | 7 years |
| Phone | 904 854 5100 |
| Web | https://www.blackknightinc.com |
Black Knight Management Efficiency
The company has Return on Asset of 0.0322 % which means that on every $100 spent on assets, it made $0.0322 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0911 %, implying that it generated $0.0911 on every 100 dollars invested. Black Knight's management efficiency ratios could be used to measure how well Black Knight manages its routine affairs as well as how well it operates its assets and liabilities.The company has 2.66 B in debt with debt to equity (D/E) ratio of 1.1, which is OK given its current industry classification. Black Knight has a current ratio of 1.19, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Debt can assist Black Knight until it has trouble settling it off, either with new capital or with free cash flow. So, Black Knight'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 Black Knight sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Black to invest in growth at high rates of return. When we think about Black Knight's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | 0.0911 | |||
| Return On Asset | 0.0322 |
Black Knight Leadership Team
Elected by the shareholders, the Black Knight's board of directors comprises two types of representatives: Black Knight inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Black. The board's role is to monitor Black Knight's management team and ensure that shareholders' interests are well served. Black Knight'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, Black Knight's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Steven Eagerton, VP Relations | ||
| Thomas Hagerty, Lead Independent Director | ||
| Anthony Jabbour, Chairman of the Board, Chief Executive Officer | ||
| Shelley Leonard, Chief Product and Digital Officer | ||
| Joseph Nackashi, Chief Officer | ||
| David Hunt, Independent Director | ||
| Ganesh Rao, Independent Director | ||
| Richard Massey, Independent Director | ||
| Catherine Burke, Independent Director | ||
| Joseph Otting, Independent Director | ||
| Kirk Larsen, Chief Financial Officer, Executive Vice President, Principal Accounting Officer | ||
| William Foley, Non-Executive Chairman of the Board | ||
| Michelle APR, Chief Officer | ||
| John Rood, Independent Director | ||
| Anthony Orefice, COO, Executive Vice President | ||
| Robert Pinder, Chief Officer | ||
| Michael Gravelle, Executive Vice President General Counsel and Corporate Secretary | ||
| Michele Meyers, Chief Accounting Officer, Treasurer | ||
| Peter Carrara, Chief Information Officer | ||
| Melissa Circelli, Chief Officer | ||
| Nancy Shanik, Independent Director |
Black 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 Black Knight 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 | 0.0911 | |||
| Return On Asset | 0.0322 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.20 % | |||
| Current Valuation | 14.23 B | |||
| Shares Outstanding | 156.76 M | |||
| Shares Owned By Insiders | 3.51 % | |||
| Shares Owned By Institutions | 92.27 % | |||
| Number Of Shares Shorted | 1.63 M | |||
| Price To Earning | 35.12 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 Black Knight 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, Black Knight's short interest history, or implied volatility extrapolated from Black Knight options trading.
Pair Trading with Black Knight
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 Black Knight 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 Black Knight will appreciate offsetting losses from the drop in the long position's value.Moving together with Black Stock
| 0.61 | EC | Ecopetrol SA ADR | PairCorr |
Moving against Black Stock
| 0.97 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.9 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.83 | INTC | Intel Financial Report 25th of July 2024 | PairCorr |
| 0.7 | PIFMY | Indofood Sukses Makmur | PairCorr |
| 0.6 | PTAIY | Astra International Tbk | PairCorr |
The ability to find closely correlated positions to Black Knight could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Black Knight 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 Black Knight - 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 Black Knight to buy it.
The correlation of Black Knight 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 Black Knight moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Black Knight 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 Black Knight 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Other Consideration for investing in Black Stock
If you are still planning to invest in Black Knight 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 Black Knight's history and understand the potential risks before investing.
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