Home Point Capital Q1 Earnings Snapshot
HMPTDelisted Stock | USD 2.31 0.01 0.43% |
Slightly above 61% of Home Point's investor base is looking to short. The analysis of current outlook of investing in Home Point Capital suggests that many traders are alarmed regarding Home Point's prospects. Home Point's investing sentiment can be driven by a variety of factors including economic data, Home Point's earnings reports, geopolitical events, and overall market trends.
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ANN ARBOR, Mich. AP Home Point Capital Inc. HMPT on Friday reported a loss of 133.8 million in its first quarter.
Read at finance.yahoo.com
Home Point Fundamental Analysis
We analyze Home Point's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Home Point using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Home 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.
Target Price
Target Price Comparative Analysis
Home Point is currently under evaluation in target price category among its peers.
Home Point Capital 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 Home Point stock to make a market-neutral strategy. Peer analysis of Home Point could also be used in its relative valuation, which is a method of valuing Home Point by comparing valuation metrics with similar companies.
Peers
Home Point Related Equities
PFSI | PennyMac Finl | 0.27 | ||||
GHI | Greystone Housing | 0.18 | ||||
SNFCA | Security National | 0.74 | ||||
CNF | CNFinance Holdings | 0.96 | ||||
ECPG | Encore Capital | 2.05 | ||||
GHLD | Guild Holdings | 4.69 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Other Consideration for investing in Home Stock
If you are still planning to invest in Home Point Capital check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Home Point's history and understand the potential risks before investing.
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