Ludovic Saverys - EURN Old Member of the Supervisory Board

Executive

Mr. Ludovic Saverys was Director of Euronav N.V. since May 13, 2015. He is Member of the Remuneration Committee and the Corporationrationrate Governance and Nomination Committee since 2015.
Age 40
Tenure 10 years
Phone32 3 247 44 11
Webhttps://www.euronav.com
Saverys currently serves as Chief Financial Officer of CMB NV and as General Manager of Saverco NV. He also serves as CFO and Director of Hunter Maritime Acquisition Corporationrationration, a blank check company listed on NASDAQ. During the time he lived in New York, Mr. Saverys served as Chief Financial Officer of MiNeeds Inc. from 2011 till 2013 and as Chief Executive Officer of SURFACExchange LLC from 2009 till 2013. He started his career as Managing Director of European Petroleum Exchange in 2008. From 2001 till 2007 he followed several educational programs at universities in Leuven, Barcelona and London from which he graduated with M. Sc. degrees in International Business and Finance.

EURN Old Management Efficiency

The company has return on total asset (ROA) of 0.083 % which means that it generated a profit of $0.083 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.5508 %, meaning that it created $0.5508 on every $100 dollars invested by stockholders. EURN Old's management efficiency ratios could be used to measure how well EURN Old manages its routine affairs as well as how well it operates its assets and liabilities.
EURN Old currently holds 929.95 M in liabilities with Debt to Equity (D/E) ratio of 1.06, which is about average as compared to similar companies. EURN Old has a current ratio of 2.06, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about EURN Old's use of debt, we should always consider it together with its cash and equity.

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Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. Euronav NV operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 3147 people. EURN Old (EURN) is traded on NASDAQ Exchange in USA and employs 20 people.

Management Performance

EURN Old Leadership Team

Elected by the shareholders, the EURN Old's board of directors comprises two types of representatives: EURN Old inside directors who are chosen from within the company, and outside directors, selected externally and held independent of EURN. The board's role is to monitor EURN Old's management team and ensure that shareholders' interests are well served. EURN Old'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, EURN Old's outside directors are responsible for providing unbiased perspectives on the board's policies.
Anita Odedra, Independent Member of the Supervisory Board
Alexander Saverys, CEO Board
Alex Staring, Chief Operating Officer, Member of the Executive Committee
Lieve Logghe, Chief Financial Officer, Member of the Management Board
Stamatis Bourboulis, Member of the Management Board, General Manager, Euronav Ship Management (Hellas) Ltd.
Egied Verbeeck, General Counsel, Member of the Executive Committee
Benoit Timmermans, Chief Board
Brian Gallagher, Member of the Management Board, Head of Investor Relations, Research & Communications
Sofie Lemlijn, Senior General
Carl Trowell, Independent Member of the Supervisory Board
Grace Skaugen, Independent Member of the Supervisory Board
Captain Staring, COO Board
Carl Steen, Non-Executive Independent Chairman of the Board
Rustin Edwards, Head procurement
Hugo Stoop, Chief Executive Officer, Member of the Executive Committee
Veronique Raes, Chief Officer
Michal Saverys, Chief Board
Maxime Eecke, Chief Board
AnneHelene Monsellato, Independent Member of the Supervisory Board
Ludovic Saverys, Member of the Supervisory Board

EURN 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 EURN Old 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 EURN Old

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 EURN Old 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 EURN Old will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Qualcomm Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Qualcomm Incorporated 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 Qualcomm Incorporated - 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 Qualcomm Incorporated to buy it.
The correlation of Qualcomm Incorporated 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 Qualcomm Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qualcomm Incorporated 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 Qualcomm Incorporated 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Other Consideration for investing in EURN Stock

If you are still planning to invest in EURN Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the EURN Old's history and understand the potential risks before investing.
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