Peter Clarke - Fairfax Financial Pres COO

FFH-PE Preferred Stock  CAD 22.75  0.21  0.93%   

Insider

Peter Clarke is Pres COO of Fairfax Financial Holdings
Age 51
Phone416 367 4941
Webhttps://www.fairfax.ca

Fairfax Financial Management Efficiency

Fairfax Financial's management efficiency ratios could be used to measure how well Fairfax Financial manages its routine affairs as well as how well it operates its assets and liabilities.
Fairfax Financial Holdings has accumulated 7.75 B in total debt with debt to equity ratio (D/E) of 0.53, which is about average as compared to similar companies. Fairfax Financial has a current ratio of 5.31, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Fairfax Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Fairfax Financial'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 Fairfax Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fairfax to invest in growth at high rates of return. When we think about Fairfax Financial's use of debt, we should always consider it together with cash and equity.

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Fairfax Financial Holdings Limited, together with its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. Fairfax Financial Holdings Limited was incorporated in 1951 and is headquartered in Toronto, Canada. FAIRFAX FINANCIAL operates under InsuranceProperty Casualty classification in Canada and is traded on Toronto Stock Exchange. It employs 44043 people. Fairfax Financial Holdings (FFH-PE) is traded on Toronto Exchange in Canada and employs 15,891 people.

Management Performance

Fairfax Financial Leadership Team

Elected by the shareholders, the Fairfax Financial's board of directors comprises two types of representatives: Fairfax Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fairfax. The board's role is to monitor Fairfax Financial's management team and ensure that shareholders' interests are well served. Fairfax Financial'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, Fairfax Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jean Cloutier, VP International
Jennifer Allen, VP CFO
Derek Bulas, Associate Legal
Sammy Chan, Pres Asia
Vinodh Loganadhan, VP Services
Michael Wallace, VP Operations
Eric Salsberg, VP Sec
Prem Watsa, Chairman Founder
Peter Clarke, Pres COO
John CPA, VP Devel

Fairfax Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred stock is not an easy task. Is Fairfax Financial 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 Fairfax Financial

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 Fairfax Financial 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 Fairfax Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Fairfax Preferred Stock

  0.89FFH Fairfax FinancialPairCorr
  0.92FFH-PC Fairfax Fin HldPairCorr
  0.77IFC-PG Intact Financial CorpPairCorr

Moving against Fairfax Preferred Stock

  0.56TD Toronto Dominion BankPairCorr
The ability to find closely correlated positions to Fairfax Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fairfax Financial 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 Fairfax Financial - 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 Fairfax Financial Holdings to buy it.
The correlation of Fairfax Financial 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 Fairfax Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fairfax Financial 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 Fairfax Financial 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

Other Information on Investing in Fairfax Preferred Stock

Fairfax Financial financial ratios help investors to determine whether Fairfax Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fairfax with respect to the benefits of owning Fairfax Financial security.