Vivekanand Mahadevan - Sphere 3D Director

ANY Stock  USD 1.00  0.04  3.85%   

Director

Mr. Vivekanand Mahadevan is Director of Sphere 3D Corporationration Mr. Mahadevan, also known as Vic, is a current member of the Board and also serves as the Chair of the Nominating and Governance Committee. Mr. Mahadevan was the Chief Executive Officer of Dev Solutions, Inc., a consulting firm that helps technology startups build nextgeneration market leaders in data analytics, security, storage and cloud markets since March 2012. Mr. Mahadevan was the Chief Strategy Officer for NetApp, Inc., a supplier of enterprise storage and data management software and hardware products and services, from November 2010 until February 2012. Prior to that time served as Vice President of Marketing for LSI Corporationrationration, an electronics company that designs semiconductors and software that accelerate storage and networking, from January 2009 to September 2010. Prior to LSI Corporationrationration, he was Chief Executive Officer for Deeya Energy, Inc., and has also held senior management positions with leading storage and systems management companies including BMC Software, Compaq, Ivita, and Maxxan Systems. Mr. Mahadevan currently serves on the board of directors of Violin Memory, Inc., a supplier of allflash storage and data management products, and is a member of its audit committee . since 2014.
Age 60
Tenure 10 years
Address 4 Greenwich Office Park, Greenwich, CT, United States, 06831
Phone647 952 5049
Webhttps://sphere3d.com

Sphere 3D Management Efficiency

The company has Return on Asset of (0.1708) % which means that on every $100 spent on assets, it lost $0.1708. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.419) %, meaning that it generated no profit with money invested by stockholders. Sphere 3D's management efficiency ratios could be used to measure how well Sphere 3D manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.54 in 2024. Return On Capital Employed is likely to drop to -0.63 in 2024. At this time, Sphere 3D's Total Assets are fairly stable compared to the past year. Other Current Assets is likely to rise to about 12.5 M in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 2.9 M in 2024.
The company has 3.05 M in debt with debt to equity (D/E) ratio of 0.69, which is OK given its current industry classification. Sphere 3D Corp has a current ratio of 11.89, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Sphere 3D until it has trouble settling it off, either with new capital or with free cash flow. So, Sphere 3D'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 Sphere 3D Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sphere to invest in growth at high rates of return. When we think about Sphere 3D's use of debt, we should always consider it together with cash and equity.

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Sphere 3D Corp. focuses on operating as a carbon neutral bitcoin mining company. Its products portfolio includes HVE-STACK high density server, which provides computer and storage appliance for the data centers HVE-VELOCITY, a high availability dual enclosure storage area network that offers reliability and integrity for optimal data storage, protection, and recovery HVE 3DGFX, a virtual desktop infrastructure solution HVE STAGE, a server virtualization platform and HVE VAULT, an appliance designed to handle requirements for backup and replication storage. Sphere 3D operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 25 people. Sphere 3D Corp (ANY) is traded on NASDAQ Exchange in USA. It is located in 4 Greenwich Office Park, Greenwich, CT, United States, 06831 and employs 3 people. Sphere 3D is listed under Systems Software category by Fama And French industry classification.

Management Performance

Sphere 3D Corp Leadership Team

Elected by the shareholders, the Sphere 3D's board of directors comprises two types of representatives: Sphere 3D inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sphere. The board's role is to monitor Sphere 3D's management team and ensure that shareholders' interests are well served. Sphere 3D'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, Sphere 3D's outside directors are responsible for providing unbiased perspectives on the board's policies.
Eric Kelly, Chairman and CEO
Daniel Bordessa, Director
Joseph ODaniel, President
Peter Tassiopoulos, Vice Chairman and Pres
Kurt Kalbfleisch, CFO and Sr. VP
Duncan McEwan, Director
Mario Biasini, Founder and Director
Vivekanand Mahadevan, Director
Cheemin BoLinn, Director
Peter Ashkin, Independent Director
Glenn Bowman, Independent Director
Patricia Trompeter, CEO Director

Sphere 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 Sphere 3D 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sphere 3D in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sphere 3D's short interest history, or implied volatility extrapolated from Sphere 3D options trading.

Pair Trading with Sphere 3D

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 Sphere 3D 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 Sphere 3D will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sphere Stock

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The ability to find closely correlated positions to Sphere 3D could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sphere 3D 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 Sphere 3D - 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 Sphere 3D Corp to buy it.
The correlation of Sphere 3D 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 Sphere 3D moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sphere 3D Corp 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 Sphere 3D 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
When determining whether Sphere 3D Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sphere 3D's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sphere 3d Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sphere 3d Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sphere 3D Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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Is Sphere 3D'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 Sphere 3D. If investors know Sphere 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 Sphere 3D listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.93)
Revenue Per Share
1.806
Quarterly Revenue Growth
4.385
Return On Assets
(0.17)
Return On Equity
(0.42)
The market value of Sphere 3D Corp is measured differently than its book value, which is the value of Sphere that is recorded on the company's balance sheet. Investors also form their own opinion of Sphere 3D's value that differs from its market value or its book value, called intrinsic value, which is Sphere 3D'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 Sphere 3D's market value can be influenced by many factors that don't directly affect Sphere 3D'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 Sphere 3D's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sphere 3D is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sphere 3D'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.