T Nevens - Ciena Corp Independent Director
| CIEN Stock | USD 69.72 0.55 0.80% |
Insider
T Nevens is Independent Director of Ciena Corp since 2014.
| Age | 71 |
| Tenure | 10 years |
| Address | 7035 Ridge Road, Hanover, MD, United States, 21076 |
| Phone | 410 694 5700 |
| Web | https://www.ciena.com |
Ciena Corp Management Efficiency
The company has return on total asset (ROA) of 0.0252 % which means that it generated a profit of $0.0252 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0473 %, meaning that it created $0.0473 on every $100 dollars invested by stockholders. Ciena Corp's management efficiency ratios could be used to measure how well Ciena Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to 0.10. Also, Return On Capital Employed is likely to grow to 0.15. At this time, Ciena Corp's Return On Tangible Assets are very stable compared to the past year. As of the 29th of November 2024, Debt To Assets is likely to grow to 0.30, while Other Current Assets are likely to drop about 142.3 M.Similar Executives
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Management Performance
| Return On Equity | 0.0473 | ||||
| Return On Asset | 0.0252 |
Ciena Corp Leadership Team
Elected by the shareholders, the Ciena Corp's board of directors comprises two types of representatives: Ciena Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ciena. The board's role is to monitor Ciena Corp's management team and ensure that shareholders' interests are well served. Ciena Corp'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, Ciena Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gary Smith, President, Chief Executive Officer, Director | ||
| Judith OBrien, Independent Director | ||
| Patti Trautwein, Investor Relations | ||
| Patrick Nettles, Executive Chairman and Member of Gov. Advisory Board | ||
| Dion Leung, Regional Asia | ||
| Jason Phipps, Senior Vice President - Global Sales and Marketing | ||
| Stephen Alexander, CTO, Sr. VP and Member of Technology Advisory Council | ||
| Andrew Petrik, Vice President Controller | ||
| Amit Malik, Senior India | ||
| David Rothenstein, Senior Vice President, General Counsel, Secretary | ||
| Devinder Kumar, Independent Director | ||
| Judi Hartono, Country Indonesia | ||
| Brodie Gage, Senior Chain | ||
| James Moylan, Chief Financial Officer, Senior Vice President | ||
| Hassan Ahmed, Independent Director | ||
| Joanne Olsen, Independent Director | ||
| Sheela Kosaraju, General VP | ||
| Rebecca Smith, Senior Communications | ||
| Virginie Hollebecque, VP Sales | ||
| David JD, Chief VP | ||
| Scott McFeely, Senior Vice President - Global Products and Services | ||
| T Nevens, Independent Director | ||
| Jane Hobbs, Chief VP | ||
| Bruce Claflin, Independent Director | ||
| Richard Hamilton, Senior Vice President - Global Software and Services | ||
| Lawton Fitt, Independent Director | ||
| Mary Yang, Senior Vice President Chief Strategy Officer | ||
| Joseph Cumello, VP Communications | ||
| Rodney Wilson, Chief Networks | ||
| Patrick Gallagher, Lead Independent Director | ||
| Dino DiPerna, Senior Development | ||
| Pete Hall, Regional Director | ||
| Gregg Lampf, Investor Relation Contact |
Ciena 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 Ciena Corp 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 | 0.0473 | ||||
| Return On Asset | 0.0252 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 10.49 B | ||||
| Shares Outstanding | 144.43 M | ||||
| Shares Owned By Insiders | 0.92 % | ||||
| Shares Owned By Institutions | 99.08 % | ||||
| Number Of Shares Shorted | 6.24 M | ||||
| Price To Earning | 34.45 X |
Pair Trading with Ciena Corp
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 Ciena Corp 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 Ciena Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Ciena Stock
Moving against Ciena Stock
| 0.76 | WBX | Wallbox NV | PairCorr |
| 0.5 | CDW | CDW Corp | PairCorr |
| 0.49 | INVZW | Innoviz Technologies | PairCorr |
| 0.46 | VRME | VerifyMe | PairCorr |
| 0.45 | IVAC | Intevac | PairCorr |
The ability to find closely correlated positions to Ciena Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ciena Corp 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 Ciena Corp - 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 Ciena Corp to buy it.
The correlation of Ciena Corp 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 Ciena Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ciena Corp 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 Ciena Corp 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 Ciena Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Ciena Stock, please use our How to Invest in Ciena Corp guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Communications Equipment 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 Ciena Corp. If investors know Ciena 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 Ciena Corp 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 (0.50) | Earnings Share 0.94 | Revenue Per Share 27.627 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0252 |
The market value of Ciena Corp is measured differently than its book value, which is the value of Ciena that is recorded on the company's balance sheet. Investors also form their own opinion of Ciena Corp's value that differs from its market value or its book value, called intrinsic value, which is Ciena Corp'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 Ciena Corp's market value can be influenced by many factors that don't directly affect Ciena Corp'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 Ciena Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ciena Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ciena Corp'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.