New Financial Statements From 2010 to 2024
| NYMTN Preferred Stock | USD 22.45 0.13 0.58% |
Check New York financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New York's main balance sheet or income statement drivers, such as , as well as many indicators such as . New financial statements analysis is a perfect complement when working with New York Valuation or Volatility modules.
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New York Mortgage Company Price To Earning Analysis
New York's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current New York Price To Earning | 356.06 X |
Most of New York's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, New York Mortgage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, New York Mortgage has a Price To Earning of 356 times. This is much higher than that of the Real Estate sector and significantly higher than that of the REIT—Mortgage industry. The price to earning for all United States preferred stocks is notably lower than that of the firm.
New York Mortgage Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New York's current stock value. Our valuation model uses many indicators to compare New York value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New York competition to find correlations between indicators driving New York's intrinsic value. More Info.New York Mortgage is considered to be number one stock in price to earning category among its peers. It also is considered to be number one stock in price to sales category among its peers fabricating about 0.21 of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for New York Mortgage is roughly 4.72 . Comparative valuation analysis is a catch-all model that can be used if you cannot value New York by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for New York's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About New York Financial Statements
New York investors utilize fundamental indicators, such as revenue or net income, to predict how New Preferred Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. The company was incorporated in 2003 and is headquartered in New York, New York. New York operates under REITMortgage classification in the United States and is traded on NASDAQ Exchange. It employs 70 people.
Pair Trading with New York
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 New York 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 New York will appreciate offsetting losses from the drop in the long position's value.Moving together with New Preferred Stock
| 0.94 | MITT-PA | AG Mortgage Investment | PairCorr |
| 0.93 | MITT-PB | AG Mortgage Investment | PairCorr |
| 0.67 | MITT-PC | AG Mortgage Investment | PairCorr |
| 0.83 | NREF-PA | NexPoint Real Estate | PairCorr |
Moving against New Preferred Stock
The ability to find closely correlated positions to New York could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New York 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 New York - 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 New York Mortgage to buy it.
The correlation of New York 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 New York moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New York Mortgage 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 New York 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.Other Information on Investing in New Preferred Stock
New York financial ratios help investors to determine whether New Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in New with respect to the benefits of owning New York security.