Michael Vranos - Ellington Financial Co-Chief Investment Officer and Director
| EFC Stock | USD 11.66 0.01 0.09% |
Director
Mr. Michael W. Vranos is CoChief Investment Officer, Director of Ellington Financial LLC. Mr. Vranos was the company CoChief Investment Officer since June 2009 and a director since the company inception in 2007. From the company inception in 2007 until October 2009, Mr. Vranos served as the company Chairman and is also the Chief Executive Officer and President of Ellington Financial Management LLC, the company external manager . Mr. Vranos is also the founder and Chief Executive Officer of EMG, which he founded in December of 1994 to capitalize on distressed conditions in the MBS derivatives market. Until December 1994, he was the Senior Managing Director of Kidder Peabody, in charge of RMBS trading since 2018.
| Age | 62 |
| Tenure | 6 years |
| Address | 53 Forest Avenue, Old Greenwich, CT, United States, 06870 |
| Phone | (203) 698-1200 |
| Web | https://www.ellingtonfinancial.com |
Ellington Financial Management Efficiency
The current year's Return On Equity is expected to grow to 0.08, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, Ellington Financial's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 13.7 B, whereas Non Currrent Assets Other are forecasted to decline to (2.1 B). Ellington Financial's management efficiency ratios could be used to measure how well Ellington Financial manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.0638 | ||||
| Return On Asset | 0.006 |
Ellington Financial LLC Leadership Team
Elected by the shareholders, the Ellington Financial's board of directors comprises two types of representatives: Ellington Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ellington. The board's role is to monitor Ellington Financial's management team and ensure that shareholders' interests are well served. Ellington Financial'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, Ellington Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Laurence Penn, President, Chief Executive Officer, Director | ||
| Jason Frank, Deputy Sec | ||
| Ronald Simon, Independent Chairman of the Board | ||
| J Herlihy, Chief Financial Officer, Treasurer | ||
| Daniel Margolis, General Counsel | ||
| Mark Tecotzky, Co-Chief Investment Officer | ||
| Herlihy, Treasurer | ||
| Vincent Ambrico, Controller | ||
| Thomas Robards, Independent Chairman of the Board | ||
| Stephen Dannhauser, Independent Director | ||
| Christopher Smernoff, Chief Accounting Officer | ||
| Lisa Mumford, Director | ||
| Michael Vranos, Co-Chief Investment Officer and Director | ||
| Edward Resendez, Independent Director | ||
| AlaaelDeen Shilleh, Associate Secretary |
Ellington 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 Ellington Financial 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 | 0.0638 | ||||
| Return On Asset | 0.006 | ||||
| Profit Margin | 0.33 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 14.22 B | ||||
| Shares Outstanding | 85.06 M | ||||
| Shares Owned By Insiders | 3.82 % | ||||
| Shares Owned By Institutions | 54.18 % | ||||
| Number Of Shares Shorted | 3.81 M | ||||
| Price To Earning | 35.91 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 Ellington Financial 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, Ellington Financial's short interest history, or implied volatility extrapolated from Ellington Financial options trading.
Pair Trading with Ellington Financial
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 Ellington Financial 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 Ellington Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Ellington Stock
| 0.53 | CG | Carlyle Group | PairCorr |
The ability to find closely correlated positions to Ellington Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ellington Financial 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 Ellington Financial - 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 Ellington Financial LLC to buy it.
The correlation of Ellington Financial 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 Ellington Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ellington Financial LLC 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 Ellington Financial 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, which includes a position in Ellington Financial LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Ellington Financial LLC information on this page should be used as a complementary analysis to other Ellington Financial'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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Ellington Stock analysis
When running Ellington Financial's price analysis, check to measure Ellington Financial'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 Ellington Financial is operating at the current time. Most of Ellington Financial's value examination focuses on studying past and present price action to predict the probability of Ellington Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ellington Financial's price. Additionally, you may evaluate how the addition of Ellington Financial to your portfolios can decrease your overall portfolio volatility.
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Is Ellington Financial'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 Ellington Financial. If investors know Ellington 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 Ellington Financial 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 (0.53) | Dividend Share 1.8 | Earnings Share 0.89 | Revenue Per Share 3.689 | Quarterly Revenue Growth (0.09) |
The market value of Ellington Financial LLC is measured differently than its book value, which is the value of Ellington that is recorded on the company's balance sheet. Investors also form their own opinion of Ellington Financial's value that differs from its market value or its book value, called intrinsic value, which is Ellington Financial'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 Ellington Financial's market value can be influenced by many factors that don't directly affect Ellington Financial'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 Ellington Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellington Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellington Financial'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.