New York Mortgage Trust raised to Buy at Jones as JV loss overhang ebbs
| NYMT Stock | USD 7.03 0.18 2.63% |
Slightly above 55% of New York's private investors are presently thinking to get in. The analysis of the overall investor sentiment regarding New York Mortgage suggests that some traders are interested. New York's investing sentiment can be driven by a variety of factors including economic data, New York's earnings reports, geopolitical events, and overall market trends.
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Jones Research upgraded New York Mortgage Trust stock to Buy on Thursday, partly on the substantial removal of an expected loss posed by multifamily joint venture investments.
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New York Fundamental Analysis
We analyze New York's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New York using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New York 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.
Return On Asset
Return On Asset Comparative Analysis
New York is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
New York 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 New York stock to make a market-neutral strategy. Peer analysis of New York could also be used in its relative valuation, which is a method of valuing New York by comparing valuation metrics with similar companies.
Peers
New York Related Equities
| CIM | Chimera Investment | 2.04 | ||||
| RC | Ready Capital | 1.94 | ||||
| EFC | Ellington Financial | 1.45 | ||||
| TWO | Two Harbors | 0.72 | ||||
| IVR | Invesco Mortgage | 0.68 | ||||
| ARR | ARMOUR Residential | 0.53 | ||||
| NLY | Annaly Capital | 0.37 | ||||
| AGNC | AGNC Investment | 0.29 | ||||
| EARN | Ellington Residential | 0.15 | ||||
| DX | Dynex Capital | 0.29 | ||||
| ORC | Orchid Island | 0.57 |
Additional Tools for New Stock Analysis
When running New York's price analysis, check to measure New York'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 New York is operating at the current time. Most of New York's value examination focuses on studying past and present price action to predict the probability of New York's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New York's price. Additionally, you may evaluate how the addition of New York to your portfolios can decrease your overall portfolio volatility.