Luc Tack - Tessenderlo CEO and Executive Director
| TESB Stock | EUR 21.95 0.20 0.90% |
CEO
Mr. Luc Tack was Chief Executive Officer, Member of the Executive Committee and Executive Director at Tessenderlo Chemie N.V. since November 13, 2013. Luc Tack was appointed as Managing Director of the Picanol Group . The Picanol Group is an international group specialized in the development, production and sale of weaving machines and other hightechnology products, systems and services. Since November 2013, the Picanol Group, through one of its daughter companies, became the main shareholder of Tessenderlo Chemie NV. Luc Tack is a genuine entrepreneur who owns and runs an extended global network of businesses in various industries such as cleaning and water treatment and the production and trading of home textiles. since 2013.
| Age | 62 |
| Tenure | 11 years |
| Phone | 32 2 639 18 11 |
| Web | https://www.tessenderlo.com |
Tessenderlo Management Efficiency
The company has return on total asset (ROA) of 0.0821 % which means that it generated a profit of $0.0821 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2139 %, meaning that it generated $0.2139 on every $100 dollars invested by stockholders. Tessenderlo's management efficiency ratios could be used to measure how well Tessenderlo manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 1 records | CEO Age | ||
| Oswald Schmid | NV Bekaert SA | 64 | |
Management Performance
| Return On Equity | 0.21 | |||
| Return On Asset | 0.0821 |
Tessenderlo Leadership Team
Elected by the shareholders, the Tessenderlo's board of directors comprises two types of representatives: Tessenderlo inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tessenderlo. The board's role is to monitor Tessenderlo's management team and ensure that shareholders' interests are well served. Tessenderlo'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, Tessenderlo's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Stefaan Haspeslagh, Executive Chairman and CFO | ||
| Kurt Dejonckheere, IR Contact Officer | ||
| John Essche, Compliance Counsel | ||
| Anne Walleghem, Sec | ||
| Luc Tack, CEO and Executive Director | ||
| Jo Verspecht, F Officer |
Tessenderlo 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 Tessenderlo 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 | 0.21 | |||
| Return On Asset | 0.0821 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 1.45 B | |||
| Shares Outstanding | 84.58 M | |||
| Shares Owned By Insiders | 73.23 % | |||
| Shares Owned By Institutions | 6.32 % | |||
| Price To Earning | 13.53 X | |||
| Price To Book | 1.04 X |
Pair Trading with Tessenderlo
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 Tessenderlo 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 Tessenderlo will appreciate offsetting losses from the drop in the long position's value.Moving together with Tessenderlo Stock
| 0.88 | ABI | Anheuser Busch Inbev | PairCorr |
| 0.65 | SOF | Sofina Socit Anonyme | PairCorr |
| 0.77 | SOLB | Solvay SA | PairCorr |
Moving against Tessenderlo Stock
The ability to find closely correlated positions to Tessenderlo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tessenderlo 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 Tessenderlo - 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 Tessenderlo to buy it.
The correlation of Tessenderlo 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 Tessenderlo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tessenderlo 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 Tessenderlo 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.Additional Tools for Tessenderlo Stock Analysis
When running Tessenderlo's price analysis, check to measure Tessenderlo'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 Tessenderlo is operating at the current time. Most of Tessenderlo's value examination focuses on studying past and present price action to predict the probability of Tessenderlo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tessenderlo's price. Additionally, you may evaluate how the addition of Tessenderlo to your portfolios can decrease your overall portfolio volatility.