George Ellison - Altisource Asset Chairman and CEO

AAMC
 Stock
  

USD 22.56  3.09  15.87%   

  Chairman
Mr. George G. Ellison is Executive Chairman of the Board, Chief Executive Officer of Altisource Asset Management Corporationrationration effective June 30, 2015. He has served as the Companys Chief Executive Officer since February 17, 2015 and was elected as a Director of the Company on June 3, 2015. Mr. Ellison also has served as President of Altisource Residential Corporationrationration since March 31, 2015. Prior to joining AAMC, Mr. Ellison had been employed for 19 years at Bank of America and its predecessor, NationsBank
Age: 58  Chairman Since 2015      
(340) 692 0525  www.altisourceamc.com
Ellison held several roles over his career at Bank of America, most recently being the executive leading the team that managed the valuation and disposition of Bank of America’s legacy mortgage loan portfolio and a leading member of Bank of America’s Special Initiatives team that worked to resolve Bank of America’s representation and warranty litigation. Prior to his most recent roles, Mr. Ellison was Global Head of the Structured Products division within Bank of America’s Investment Banking platform.

Altisource Asset Management Efficiency

Altisource Asset Man has return on total asset (ROA) of (8.65) % which means that it has lost $8.65 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (19.79) %, meaning that it created substantial loss on money invested by shareholders. Altisource Asset management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities. Altisource Asset Return on Average Equity is projected to increase slightly based on the last few years of reporting. The past year's Return on Average Equity was at 0.08. The current year Return on Invested Capital is expected to grow to 2.44, whereas Return on Investment is forecasted to decline to (25.17) . Altisource Asset Total Assets are projected to decrease significantly based on the last few years of reporting. The past year's Total Assets were at 81.48 Million. The current year Current Assets is expected to grow to about 80.4 M, whereas Revenue to Assets are forecasted to decline to 0.24.
The company currently holds 821 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Altisource Asset Man has a current ratio of 13.11, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Altisource Asset until it has trouble settling it off, either with new capital or with free cash flow. So, Altisource Asset'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 Altisource Asset Man sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Altisource to invest in growth at high rates of return. When we think about Altisource Asset's use of debt, we should always consider it together with cash and equity.

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Altisource Asset Management Corporation is an alternative lending company that provides liquidity and capital to under-served market and portfolio management and corporate governance services to institutional investors in the United States. Altisource Asset Management Corporation was founded in 2012 and is headquartered in Christiansted, Virgin Islands with the additional in United States and India. Altisource Asset operates under Asset Management classification in the United States and is traded on NYSEMKT Exchange. It employs 24 people. Altisource Asset Management (AAMC) is traded on NYSEMKT Exchange in USA. It is located in 5100 Tamarind Reef, Christiansted 00820, VI and employs 24 people. Altisource Asset is listed under Real Estate category by Fama And French industry classification.

Altisource Asset Man Leadership Team

Elected by the shareholders, the Altisource Asset's board of directors comprises two types of representatives: Altisource Asset inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Altisource. The board's role is to monitor Altisource Asset's management team and ensure that shareholders' interests are well served. Altisource Asset'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, Altisource Asset's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kenneth Najour, Chief Accounting Officer
Stephen Gray, General Counsel, Secretary
Rene Dittrich, Chief Accounting Officer
Dale Kurland, Independent Director
Nathaniel Redleaf, Director
John Jongh, Director
Robin Lowe, CFO
Paul Bossidy, Independent Director
Ricardo Byrd, Director
George Ellison, Chairman and CEO

Altisource 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 Altisource Asset 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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Altisource Asset without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Altisource Asset

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 Altisource Asset 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 Altisource Asset will appreciate offsetting losses from the drop in the long position's value.

Moving together with Altisource Asset

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The ability to find closely correlated positions to Altisource Asset could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altisource Asset 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 Altisource Asset - 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 Altisource Asset Management to buy it.
The correlation of Altisource Asset is a statistical measure of how it moves in relation to other equities. 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 Altisource Asset moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altisource Asset Man 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 Altisource Asset 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
Please continue to Trending Equities. Note that the Altisource Asset Man information on this page should be used as a complementary analysis to other Altisource Asset's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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When running Altisource Asset Man price analysis, check to measure Altisource Asset'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 Altisource Asset is operating at the current time. Most of Altisource Asset's value examination focuses on studying past and present price action to predict the probability of Altisource Asset's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Altisource Asset's price. Additionally, you may evaluate how the addition of Altisource Asset to your portfolios can decrease your overall portfolio volatility.
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Is Altisource Asset's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Altisource Asset. If investors know Altisource will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Altisource Asset listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.98
Market Capitalization
35.2 M
Quarterly Revenue Growth YOY
0.008
Return On Assets
-0.0866
Return On Equity
-0.2
The market value of Altisource Asset Man is measured differently than its book value, which is the value of Altisource that is recorded on the company's balance sheet. Investors also form their own opinion of Altisource Asset's value that differs from its market value or its book value, called intrinsic value, which is Altisource Asset's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Altisource Asset's market value can be influenced by many factors that don't directly affect Altisource Asset's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Altisource Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine Altisource Asset value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altisource Asset's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.