Ellington Net Interest Income from 2010 to 2024
| EARN Stock | USD 6.73 0.12 1.75% |
Net Interest Income | First Reported 2019-03-31 | Previous Quarter 279 K | Current Value 3.9 M | Quarterly Volatility 2.9 M |
Check Ellington Residential financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ellington Residential's main balance sheet or income statement drivers, such as Interest Expense of 47.5 M, Selling General Administrative of 3.3 M or Other Operating Expenses of 3.8 M, as well as many indicators such as Dividend Yield of 0.1, Ptb Ratio of 0.9 or Book Value Per Share of 8.7. Ellington financial statements analysis is a perfect complement when working with Ellington Residential Valuation or Volatility modules.
Ellington | Net Interest Income |
Latest Ellington Residential's Net Interest Income Growth Pattern
Below is the plot of the Net Interest Income of Ellington Residential Mortgage over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Ellington Residential's Net Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ellington Residential's overall financial position and show how it may be relating to other accounts over time.
| Net Interest Income | 10 Years Trend |
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Net Interest Income |
| Timeline |
Ellington Net Interest Income Regression Statistics
| Arithmetic Mean | 19,484,047 | |
| Geometric Mean | 13,552,505 | |
| Coefficient Of Variation | 48.45 | |
| Mean Deviation | 7,099,665 | |
| Median | 24,224,000 | |
| Standard Deviation | 9,440,161 | |
| Sample Variance | 89.1T | |
| Range | 30.8M | |
| R-Value | (0.66) | |
| Mean Square Error | 53.9T | |
| R-Squared | 0.44 | |
| Significance | 0.01 | |
| Slope | (1,398,425) | |
| Total Sum of Squares | 1247.6T |
Ellington Net Interest Income History
About Ellington Residential Financial Statements
Ellington Residential investors utilize fundamental indicators, such as Net Interest Income, to predict how Ellington Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | -634 K | -602.3 K |
Pair Trading with Ellington Residential
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 Ellington Residential 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 Ellington Residential will appreciate offsetting losses from the drop in the long position's value.Moving against Ellington Stock
| 0.49 | COF | Capital One Financial Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.47 | DFS | Discover Financial Fiscal Year End 15th of January 2025 | PairCorr |
| 0.46 | SYF | Synchrony Financial Fiscal Year End 28th of January 2025 | PairCorr |
| 0.43 | V | Visa Class A | PairCorr |
The ability to find closely correlated positions to Ellington Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ellington Residential 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 Ellington Residential - 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 Ellington Residential Mortgage to buy it.
The correlation of Ellington Residential 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 Ellington Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ellington Residential 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 Ellington Residential 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.Check out the analysis of Ellington Residential Correlation against competitors. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Mortgage Real Estate Investment Trusts (REITs) space 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 Ellington Residential. If investors know Ellington 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 Ellington Residential 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 0.185 | Dividend Share 0.96 | Earnings Share 1.27 | Revenue Per Share (0.92) | Quarterly Revenue Growth (0.78) |
The market value of Ellington Residential is measured differently than its book value, which is the value of Ellington that is recorded on the company's balance sheet. Investors also form their own opinion of Ellington Residential's value that differs from its market value or its book value, called intrinsic value, which is Ellington Residential'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 Ellington Residential's market value can be influenced by many factors that don't directly affect Ellington Residential'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 Ellington Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellington Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellington Residential'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.