Vasileios Tsaitas - Hellenic Petroleum Chief Officer

ELPE Stock  EUR 8.52  0.02  0.24%   

Insider

Vasileios Tsaitas is Chief Officer of Hellenic Petroleum SA
Phone30 210 63 02 000
Webhttps://www.helpe.gr

Hellenic Petroleum Management Efficiency

The company has return on total asset (ROA) of 0.1039 % which means that it generated a profit of $0.1039 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.4765 %, meaning that it generated $0.4765 on every $100 dollars invested by stockholders. Hellenic Petroleum's management efficiency ratios could be used to measure how well Hellenic Petroleum manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 1.52 B in total debt with debt to equity ratio (D/E) of 122.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Hellenic Petroleum has a current ratio of 1.15, suggesting that it is not liquid enough and may have problems paying out its financial obligations in time and when they become due. Debt can assist Hellenic Petroleum until it has trouble settling it off, either with new capital or with free cash flow. So, Hellenic Petroleum'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 Hellenic Petroleum sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hellenic to invest in growth at high rates of return. When we think about Hellenic Petroleum's use of debt, we should always consider it together with cash and equity.

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Hellenic Petroleum S.A., together with its subsidiaries, operates in the energy sector primarily in Greece, South Eastern Europe, and the East Mediterranean. Hellenic Petroleum S.A. was founded in 1998 and is headquartered in Maroussi, Greece. HELLENIC PETROLEUM operates under Major Integrated Oil Gas classification in Greece and is traded on Athens Stock Exchange. It employs 3481 people. Hellenic Petroleum SA (ELPE) is traded on Athens Exchange in Greece and employs 3,481 people.

Management Performance

Hellenic Petroleum Leadership Team

Elected by the shareholders, the Hellenic Petroleum's board of directors comprises two types of representatives: Hellenic Petroleum inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hellenic. The board's role is to monitor Hellenic Petroleum's management team and ensure that shareholders' interests are well served. Hellenic Petroleum'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, Hellenic Petroleum's outside directors are responsible for providing unbiased perspectives on the board's policies.
Vasileios Tsaitas, Chief Officer
Alexandros Tzadimas, Gen Services
Georgios Alexopoulos, GM Director
Panitsidis, Head Mang
Stefanos Papadimitriou, Accounting Director
Skandalis, Chief Officer
Leonidas Kovaios, Gen Officer
Ioannis Apsouris, Gen Services
Andreas Shiamishis, CEO Director
Ioannis Grigoriou, Gen Production

Hellenic 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 Hellenic Petroleum 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 Hellenic Petroleum

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 Hellenic Petroleum 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 Hellenic Petroleum will appreciate offsetting losses from the drop in the long position's value.

Moving together with Hellenic Stock

  0.76EEE Coca Cola HBCPairCorr

Moving against Hellenic Stock

  0.44MIG Marfin InvestmentPairCorr
The ability to find closely correlated positions to Hellenic Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hellenic Petroleum 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 Hellenic Petroleum - 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 Hellenic Petroleum SA to buy it.
The correlation of Hellenic Petroleum 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 Hellenic Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hellenic Petroleum 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 Hellenic Petroleum 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, which includes a position in Hellenic Petroleum SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running Hellenic Petroleum's price analysis, check to measure Hellenic Petroleum'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 Hellenic Petroleum is operating at the current time. Most of Hellenic Petroleum's value examination focuses on studying past and present price action to predict the probability of Hellenic Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hellenic Petroleum's price. Additionally, you may evaluate how the addition of Hellenic Petroleum to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Hellenic Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hellenic Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hellenic Petroleum'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.