Jeffrey Bailey - Tekla Healthcare Independent Trustee

THQ Fund  USD 20.79  0.09  0.43%   
Jeffrey Bailey is Fund Manager at Tekla Healthcare Opportunities
Age 58
Tenure 5 years
Phone617 772 8500
Webhttps://www.teklacap.com/thq.html

Jeffrey Bailey Latest Insider Activity

Tracking and analyzing the buying and selling activities of Jeffrey Bailey against Tekla Healthcare fund is an integral part of due diligence when investing in Tekla Healthcare. Jeffrey Bailey insider activity provides valuable insight into whether Tekla Healthcare is net buyers or sellers over its current business cycle. Note, Tekla Healthcare insiders must abide by specific rules, including filing SEC forms every time they buy or sell Tekla Healthcare'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Tekla Healthcare Management Performance (%)

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Tekla Healthcare Opportunities Fund is a closed ended balanced mutual fund launched and managed by Tekla Capital Management LLC. Tekla Healthcare Opportunities Fund was formed on April 2, 2014 and is domiciled in the United States. Tekla Healthcare operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The fund is not categorized under any group at the present time.

Tekla Healthcare Opp Leadership Team

Elected by the shareholders, the Tekla Healthcare's board of directors comprises two types of representatives: Tekla Healthcare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tekla. The board's role is to monitor Tekla Healthcare's management team and ensure that shareholders' interests are well served. Tekla Healthcare'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, Tekla Healthcare's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Kent, Independent Trustee
William Reardon, Independent Trustees
Elizabeth Nabel, Independent Trustee
Oleg Pohotsky, Independent Chairman of the Board of Trustees
Laura Woodward, Chief Compliance Officer, Treasurer, Secretary
Lucinda Stebbins, Independent Trustees
Jeffrey Bailey, Independent Trustee
Daniel Omstead, President, Trustee
Rakesh Jain, Independent Trustees

Tekla Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Tekla Healthcare 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 Tekla Healthcare

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 Tekla Healthcare 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 Tekla Healthcare will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tekla Fund

  0.82CEE Central Europe RussiaPairCorr
  0.77KF Korea ClosedPairCorr
  0.76EMO Clearbridge Energy MlpPairCorr

Moving against Tekla Fund

  0.53TWN Taiwan ClosedPairCorr
  0.32CCD Calamos Dynamic ConvPairCorr
The ability to find closely correlated positions to Tekla Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tekla Healthcare 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 Tekla Healthcare - 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 Tekla Healthcare Opportunities to buy it.
The correlation of Tekla Healthcare 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 Tekla Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tekla Healthcare Opp 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 Tekla Healthcare 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 Tekla Fund

Tekla Healthcare financial ratios help investors to determine whether Tekla Fund 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 Tekla with respect to the benefits of owning Tekla Healthcare security.
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