Granite Point Mortgage Preferred Stock Performance

GPMT-PA Preferred Stock   17.39  0.07  0.40%   
The company retains a Market Volatility (i.e., Beta) of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Granite Point's returns are expected to increase less than the market. However, during the bear market, the loss of holding Granite Point is expected to be smaller as well. At this point, Granite Point Mortgage has a negative expected return of -0.0022%. Please make sure to check out Granite Point's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Granite Point Mortgage performance from the past will be repeated at some point in the near future.

Risk-Adjusted Performance

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Over the last 90 days Granite Point Mortgage has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Granite Point is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
Begin Period Cash Flow204.3 M
  

Granite Point Relative Risk vs. Return Landscape

If you would invest  1,736  in Granite Point Mortgage on December 25, 2024 and sell it today you would lose (4.00) from holding Granite Point Mortgage or give up 0.23% of portfolio value over 90 days. Granite Point Mortgage is generating negative expected returns and assumes 0.5896% volatility on return distribution over the 90 days horizon. Simply put, 5% of preferred stocks are less volatile than Granite, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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Assuming the 90 days trading horizon Granite Point is expected to generate 0.69 times more return on investment than the market. However, the company is 1.45 times less risky than the market. It trades about 0.0 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.03 per unit of risk.

Granite Point Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Granite Point's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as Granite Point Mortgage, and traders can use it to determine the average amount a Granite Point's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0037

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Estimated Market Risk

 0.59
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95% of assets are more volatile

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Most of other assets have higher returns

Risk-Adjusted Return

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Based on monthly moving average Granite Point is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Granite Point by adding Granite Point to a well-diversified portfolio.

Granite Point Fundamentals Growth

Granite Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of Granite Point, and Granite Point fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Granite Preferred Stock performance.

About Granite Point Performance

By analyzing Granite Point's fundamental ratios, stakeholders can gain valuable insights into Granite Point's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Granite Point has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Granite Point has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.

Things to note about Granite Point Mortgage performance evaluation

Checking the ongoing alerts about Granite Point for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for Granite Point Mortgage help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Granite Point generated a negative expected return over the last 90 days
Granite Point has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 78.26 M. Net Loss for the year was (40.83 M) with profit before overhead, payroll, taxes, and interest of 10.7 M.
Evaluating Granite Point's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Granite Point's preferred stock performance include:
  • Analyzing Granite Point's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Granite Point's stock is overvalued or undervalued compared to its peers.
  • Examining Granite Point's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Granite Point's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Granite Point's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Granite Point's preferred stock. These opinions can provide insight into Granite Point's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Granite Point's preferred stock performance is not an exact science, and many factors can impact Granite Point's preferred stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for Granite Preferred 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.
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