Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2024 Common and Preferred Stock ...
| GPMT Stock | USD 2.82 0.03 1.05% |
Slightly above 61% of Granite Point's investor base is looking to short. The analysis of the overall investor sentiment regarding Granite Point Mortgage suggests that many traders are alarmed. Granite Point's investing sentiment can be driven by a variety of factors including economic data, Granite Point's earnings reports, geopolitical events, and overall market trends.
Granite |
urlGranite Point Mortgage Trust Inc.url today announced that the Companys Board of
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Granite Point Fundamental Analysis
We analyze Granite Point's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Granite Point using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Granite Point based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Asset
Current Asset Comparative Analysis
Granite Point is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Granite Point Mortgage Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Granite Point stock to make a market-neutral strategy. Peer analysis of Granite Point could also be used in its relative valuation, which is a method of valuing Granite Point by comparing valuation metrics with similar companies.
Peers
Granite Point Related Equities
| AOMR | Angel Oak | 4.09 | ||||
| RC | Ready Capital | 0.43 | ||||
| ORC | Orchid Island | 0.63 | ||||
| TWO | Two Harbors | 0.77 | ||||
| NYMT | New York | 0.79 | ||||
| ARR | ARMOUR Residential | 1.35 | ||||
| CIM | Chimera Investment | 1.39 | ||||
| PMT | PennyMac Mortgage | 1.50 | ||||
| IVR | Invesco Mortgage | 1.57 | ||||
| MFA | MFA Financial | 1.74 | ||||
| EARN | Ellington Residential | 2.05 |
Additional Tools for Granite Stock Analysis
When running Granite Point's price analysis, check to measure Granite Point'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 Granite Point is operating at the current time. Most of Granite Point's value examination focuses on studying past and present price action to predict the probability of Granite Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Point's price. Additionally, you may evaluate how the addition of Granite Point to your portfolios can decrease your overall portfolio volatility.