Alexander Mironov - LifeMD Preferred President

LFMDP Preferred Stock  USD 22.59  0.11  0.48%   

Insider

Alexander Mironov is President of LifeMD Preferred Series
Age 43
Phone866 351 5907
Webhttps://www.lifemd.com

LifeMD Preferred Management Efficiency

The company has return on total asset (ROA) of (1.169) % which means that it has lost $1.169 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (44.0716) %, meaning that it generated substantial loss on money invested by shareholders. LifeMD Preferred's management efficiency ratios could be used to measure how well LifeMD Preferred manages its routine affairs as well as how well it operates its assets and liabilities.
LifeMD Preferred Series has accumulated 1.41 M in total debt with debt to equity ratio (D/E) of 0.46, which is about average as compared to similar companies. LifeMD Preferred Series has a current ratio of 0.51, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist LifeMD Preferred until it has trouble settling it off, either with new capital or with free cash flow. So, LifeMD Preferred'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 LifeMD Preferred Series sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for LifeMD to invest in growth at high rates of return. When we think about LifeMD Preferred's use of debt, we should always consider it together with cash and equity.

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LifeMD, Inc. operates as a direct-to-patient telehealth company that connects consumers to healthcare professionals for care across various indications, including concierge care, mens sexual health, dermatology, and others in the United States. LifeMD, Inc. was founded in 1994 and is headquartered in New York, New York. Lifemd Inc operates under Pharmaceutical Retailers classification in the United States and is traded on NASDAQ Exchange. It employs 196 people. LifeMD Preferred Series (LFMDP) is traded on NASDAQ Exchange in USA. It is located in 236 Fifth Avenue, New York, NY, United States, 10001 and employs 196 people. LifeMD Preferred is listed under Healthcare category by Fama And French industry classification.

Management Performance

LifeMD Preferred Series Leadership Team

Elected by the shareholders, the LifeMD Preferred's board of directors comprises two types of representatives: LifeMD Preferred inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LifeMD. The board's role is to monitor LifeMD Preferred's management team and ensure that shareholders' interests are well served. LifeMD Preferred'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, LifeMD Preferred's outside directors are responsible for providing unbiased perspectives on the board's policies.
Alexander Mironov, President
Dennis Wijnker, Chief Officer
Brad Roberts, Chief Officer
Tameca Brown, VP HR
Marc Benathen, Chief Officer
Justin Schreiber, Chairman CEO
Nicholas Alvarez, Chief Acquisition
Eric Yecies, Gen Officer
Maria CPA, Controller Officer
Stefan Galluppi, Chief Director

LifeMD 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 LifeMD Preferred 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 LifeMD Preferred

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 LifeMD Preferred 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 LifeMD Preferred will appreciate offsetting losses from the drop in the long position's value.

Moving together with LifeMD Preferred Stock

  0.71DOCS DoximityPairCorr

Moving against LifeMD Preferred Stock

  0.75FORA Forian IncPairCorr
  0.68KDLYW Kindly MD, WarrantsPairCorr
  0.68EVH Evolent Health Sell-off TrendPairCorr
  0.67TXG 10X GenomicsPairCorr
  0.6PHR PhreesiaPairCorr
The ability to find closely correlated positions to LifeMD Preferred could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LifeMD Preferred 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 LifeMD Preferred - 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 LifeMD Preferred Series to buy it.
The correlation of LifeMD Preferred 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 LifeMD Preferred moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LifeMD Preferred Series 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 LifeMD Preferred 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

Additional Tools for LifeMD Preferred Stock Analysis

When running LifeMD Preferred's price analysis, check to measure LifeMD Preferred'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 LifeMD Preferred is operating at the current time. Most of LifeMD Preferred's value examination focuses on studying past and present price action to predict the probability of LifeMD Preferred's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LifeMD Preferred's price. Additionally, you may evaluate how the addition of LifeMD Preferred to your portfolios can decrease your overall portfolio volatility.