Ellington Net Tangible Assets from 2010 to 2026
| EARN Stock | USD 5.22 0.04 0.76% |
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 , as well as many indicators such as . Ellington financial statements analysis is a perfect complement when working with Ellington Residential Valuation or Volatility modules.
Ellington | Build AI portfolio with Ellington Stock |
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 together with Ellington Stock
Moving against Ellington Stock
| 0.54 | ACR | Acres Commercial Realty | PairCorr |
| 0.5 | GPMT | Granite Point Mortgage Earnings Call This Week | PairCorr |
| 0.43 | ABR | Arbor Realty Trust | PairCorr |
| 0.33 | IOR | Income Opportunity Realty | 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Will Mortgage Real Estate Investment Trusts (REITs) sector continue expanding? Could Ellington diversify its offerings? Factors like these will boost the valuation of Ellington Residential. Projected growth potential of Ellington fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Ellington Residential data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Understanding Ellington Residential requires distinguishing between market price and book value, where the latter reflects Ellington's accounting equity. The concept of intrinsic value - what Ellington Residential's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Ellington Residential's price substantially above or below its fundamental value.
It's important to distinguish between Ellington Residential's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Ellington Residential should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Ellington Residential's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.