David Basner - Senvest Capital Independent Director

SEC Stock  CAD 350.00  6.00  1.74%   

Director

Mr. David E. Basner is Independent Director of Senvest Capital Inc since 2014.
Tenure 10 years
Address 1000 Sherbrooke Street West, Montreal, QC, Canada, H3A 3G4
Phone514-281-8082
Webhttps://www.senvest.com
Basner has 25 years of experience in asset management, private equity investing and investment banking, working with both institutional and high net worth clients. His responsibilities include overseeing professionals in the areas of asset allocation, portfolio construction, manager selection, risk management, fund administration and business development. Moreover, as the Chief Executive Officer of TAG Associates LLC, Mr. Basner has additional responsibility for all aspects of the company’s business. In these capacities, he regularly reviews the financial statements of a variety of investment funds, including those directly managed by his firm.

Senvest Capital Management Efficiency

The company has return on total asset (ROA) of 0.0828 % which means that it generated a profit of $0.0828 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1411 %, meaning that it generated $0.1411 on every $100 dollars invested by stockholders. Senvest Capital's management efficiency ratios could be used to measure how well Senvest Capital manages its routine affairs as well as how well it operates its assets and liabilities. As of the 17th of December 2024, Return On Equity is likely to grow to 0.1, while Return On Tangible Assets are likely to drop 0.02. At this time, Senvest Capital's Total Assets are very stable compared to the past year. As of the 17th of December 2024, Non Current Assets Total is likely to grow to about 5 B, though Non Currrent Assets Other are likely to grow to (4.4 B).
Senvest Capital has accumulated 1.88 M in total debt with debt to equity ratio (D/E) of 0.72, which is about average as compared to similar companies. Senvest Capital has a current ratio of 1.23, suggesting that it may have difficulties to pay its financial obligations in time and when they become due. Debt can assist Senvest Capital until it has trouble settling it off, either with new capital or with free cash flow. So, Senvest Capital'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 Senvest Capital sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Senvest to invest in growth at high rates of return. When we think about Senvest Capital's use of debt, we should always consider it together with cash and equity.

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Senvest Capital Inc., through its subsidiaries, holds investments in equity and real estate holdings primarily in the United States. Senvest Capital Inc. was incorporated in 1968 and is headquartered in Montreal, Canada. SENVEST CAPITAL operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange. It employs 32 people. Senvest Capital (SEC) is traded on Toronto Exchange in Canada and employs 30 people. Senvest Capital is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Senvest Capital Leadership Team

Elected by the shareholders, the Senvest Capital's board of directors comprises two types of representatives: Senvest Capital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Senvest. The board's role is to monitor Senvest Capital's management team and ensure that shareholders' interests are well served. Senvest Capital'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, Senvest Capital's outside directors are responsible for providing unbiased perspectives on the board's policies.
George Malikotsis, Vice President - Finance
Frank Daniel, Secretary, Treasurer and Director
Richard Mashaal, Vice President, Director; President of Senvest International LLC.
Eileen Bermingham, Independent Director
Jeffrey Jonas, Independent Director
Ronald Assaf, Independent Director
Victor Mashaal, Chairman of the Board, President
David Basner, Independent Director

Senvest 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 Senvest Capital 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 Senvest Capital

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 Senvest Capital 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 Senvest Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with Senvest Stock

  0.65BIP-PB Brookfield InfrastructurePairCorr

Moving against Senvest Stock

  0.63MOX Morien Resources CorpPairCorr
  0.57VCM Vecima NetworksPairCorr
  0.39CNQ Canadian Natural ResPairCorr
The ability to find closely correlated positions to Senvest Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Senvest Capital 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 Senvest Capital - 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 Senvest Capital to buy it.
The correlation of Senvest Capital 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 Senvest Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Senvest Capital 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 Senvest Capital 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 Senvest Stock

Senvest Capital financial ratios help investors to determine whether Senvest 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 Senvest with respect to the benefits of owning Senvest Capital security.