Patrick Kenny - Assured Guaranty Independent Director
| AGO Stock | USD 93.28 0.13 0.14% |
Director
Mr. Patrick W. Kenny is Independent Director of the Assured Guaranty Ltd. He served as the President and Chief Executive Officer of the International Insurance Society in New York, an organization dedicated to fostering the exchange of ideas through a program of international seminars and sponsored research, from 2001 to 2009. From 1998 to 2001, Mr. Kenny served as executive vice president of Frontier Insurance Group, Inc. From 1995 to 1998, Mr. Kenny served as senior vice president of SSC Technologies. From 1988 to 1994, Mr. Kenny served as Group Executive, Finance Administration and Chief Financial Officer of Aetna Life Casualty. Mr. Kenny serves on the board of directors of several Voya funds, where he is a member of the Audit Committee and, until 2018, was the Chairperson of the Nominating and Governance Committee. Until December 2009, Mr. Kenny was a director and member of the Audit and the Compensation committees of Odyssey Re Holdings Corporationration Mr. Kenny was also a director of the Independent Order of Foresters from 1997 to 2009. since 2004.
| Age | 78 |
| Tenure | 20 years |
| Address | 30 Woodbourne Avenue, Hamilton, Bermuda, HM 08 |
| Phone | 441 279 5700 |
| Web | https://www.assuredguaranty.com |
Assured Guaranty Management Efficiency
The company has Return on Asset of 0.0274 % which means that on every $100 spent on assets, it made $0.0274 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1352 %, implying that it generated $0.1352 on every 100 dollars invested. Assured Guaranty's management efficiency ratios could be used to measure how well Assured Guaranty manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of December 2024, Return On Tangible Assets is likely to drop to 0.04. In addition to that, Return On Capital Employed is likely to drop to 0.04. At this time, Assured Guaranty's Other Assets are very stable compared to the past year. As of the 1st of December 2024, Net Tangible Assets is likely to grow to about 6.4 B, while Total Assets are likely to drop about 12.1 B.Similar Executives
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Management Performance
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0274 |
Assured Guaranty Leadership Team
Elected by the shareholders, the Assured Guaranty's board of directors comprises two types of representatives: Assured Guaranty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Assured. The board's role is to monitor Assured Guaranty's management team and ensure that shareholders' interests are well served. Assured Guaranty'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, Assured Guaranty's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Alan Kreczko, Independent Director | ||
| Andrew Feldstein, Chief Investment Officer, Head - Asset Management of Assured Guaranty | ||
| Holly Horn, Chief Surveillance Officer | ||
| Robert CPA, Chief Officer | ||
| Stephen Donnarumma, Chief Credit Officer | ||
| Dominic CPA, President Chairman | ||
| Russell Brewer, Chief Surveillance Officer | ||
| Ling Chow, General Counsel, Secretary | ||
| Benjamin Rosenblum, Chief Officer | ||
| Francisco Borges, Independent Chairman of the Board | ||
| Thomas Jones, Independent Director | ||
| Bonnie Howard, Independent Director | ||
| Dominic Frederico, CEO and President Director and Member of Executive Committee | ||
| Buzen A, Chief Investment Officer and Head of Asset Management | ||
| David Buzen, Senior Investments | ||
| Robert Bailenson, CFO, Chief Accounting Officer and Managing Director | ||
| Michelle Closkey, Independent Director | ||
| Simon Leathes, Independent Director | ||
| Yukiko Omura, Independent Director | ||
| Christopher Gibbons, CTO Technology | ||
| Patrick Kenny, Independent Director | ||
| Russell II, Advisor | ||
| Michael OKane, Independent Director | ||
| Howard Albert, Chief Risk Officer, Director | ||
| Lorin Radtke, Independent Director | ||
| Laura Bieling, Chief Accounting Officer, Controller | ||
| Jorge Gana, Deputy Chief Risk Officer | ||
| Robert Tucker, Senior Communications | ||
| Courtney Shea, Independent Director | ||
| Gon Chow, General Secretary | ||
| Daniel Bevill, Senior Director | ||
| G Buhl, Independent Director | ||
| Kirk Edmunds, Chief Officer | ||
| Dawn Jasiak, Head Management | ||
| Michelle McCloskey, Director |
Assured 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 Assured Guaranty 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 | 0.0274 | ||||
| Profit Margin | 0.85 % | ||||
| Operating Margin | 0.80 % | ||||
| Current Valuation | 6.28 B | ||||
| Shares Outstanding | 50.9 M | ||||
| Shares Owned By Insiders | 6.34 % | ||||
| Shares Owned By Institutions | 94.41 % | ||||
| Number Of Shares Shorted | 893.71 K | ||||
| Price To Earning | 14.95 X |
Pair Trading with Assured Guaranty
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 Assured Guaranty 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 Assured Guaranty will appreciate offsetting losses from the drop in the long position's value.Moving together with Assured Stock
Moving against Assured Stock
| 0.73 | JRVR | James River Group | PairCorr |
| 0.67 | ESNT | Essent Group | PairCorr |
| 0.51 | NMIH | NMI Holdings Normal Trading | PairCorr |
| 0.35 | ACT | Enact Holdings | PairCorr |
The ability to find closely correlated positions to Assured Guaranty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Assured Guaranty 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 Assured Guaranty - 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 Assured Guaranty to buy it.
The correlation of Assured Guaranty 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 Assured Guaranty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Assured Guaranty 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 Assured Guaranty 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 Assured Guaranty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Assured Stock, please use our How to Invest in Assured Guaranty guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Property & Casualty Insurance space 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 Assured Guaranty. If investors know Assured 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 Assured Guaranty 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 0.219 | Dividend Share 1.21 | Earnings Share 12.75 | Revenue Per Share 15.821 | Quarterly Revenue Growth 0.01 |
The market value of Assured Guaranty is measured differently than its book value, which is the value of Assured that is recorded on the company's balance sheet. Investors also form their own opinion of Assured Guaranty's value that differs from its market value or its book value, called intrinsic value, which is Assured Guaranty'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 Assured Guaranty's market value can be influenced by many factors that don't directly affect Assured Guaranty'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 Assured Guaranty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Assured Guaranty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Assured Guaranty'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.