Eric Wilds - MAGNA INTL Insider

MGA Stock  EUR 44.01  0.17  0.39%   

Insider

Eric Wilds is Executive Vice President Chief Sales & Marketing Officer of MAGNA INTL since 2020.
Tenure 4 years
MAGNA INTL (MGA) is traded on Munich Exchange in Germany and employs 28 people.

MAGNA INTL Leadership Team

Elected by the shareholders, the MAGNA INTL's board of directors comprises two types of representatives: MAGNA INTL inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MAGNA. The board's role is to monitor MAGNA INTL's management team and ensure that shareholders' interests are well served. MAGNA INTL'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, MAGNA INTL's outside directors are responsible for providing unbiased perspectives on the board's policies.
William Young, Independent Chairman of the Board
Seetarama Kotagiri, Executive Vice President, Chief Technology Officer, President - Magna Power and Vision
Donald Walker, Chief Executive Officer, Director
Kurt Lauk, Independent Director
Francis Seguin, Executive Vice President - Corporate Projects and Strategy Development
Tommy Skudutis, COO - Exteriors, Interiors, Seating, Mirrors, Closures and Cosma
Riccardo Trecroce, Executive Vice President Chief Legal Officer
Aaron McCarthy, Chief Human Resource Officer, Executive Vice President
Guenther Apfalter, President , Magna Europe and Magna Steyr
Eric Wilds, Executive Vice President Chief Sales & Marketing Officer
Peter Bowie, Independent Director
William Ruh, Independent Director
James Tobin, Executive Vice President, President - Magna Asia
Robert MacLellan, Independent Director
Scott Bonham, Non-Independent Non-Executive Director
V Harder, Independent Director
Indira Samarasekera, Independent Director
Cynthia Niekamp, Independent Director
Mary Chan, Independent Director
Lisa Westlake, Independent Director
Vincent Galifi, Chief Financial Officer, Executive Vice President

MAGNA 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 MAGNA INTL 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 MAGNA INTL

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 MAGNA INTL 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 MAGNA INTL will appreciate offsetting losses from the drop in the long position's value.

Moving against MAGNA Stock

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The ability to find closely correlated positions to MAGNA INTL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MAGNA INTL 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 MAGNA INTL - 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 MAGNA INTL to buy it.
The correlation of MAGNA INTL 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 MAGNA INTL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MAGNA INTL 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 MAGNA INTL 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAGNA INTL. 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.
Note that the MAGNA INTL information on this page should be used as a complementary analysis to other MAGNA INTL'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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