Manhattan Bridge Capital Stock Beta
| LOAN Stock | USD 5.25 0.03 0.57% |
Manhattan Bridge Capital fundamentals help investors to digest information that contributes to Manhattan Bridge's financial success or failures. It also enables traders to predict the movement of Manhattan Stock. The fundamental analysis module provides a way to measure Manhattan Bridge's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Manhattan Bridge stock.
Manhattan |
Manhattan Bridge Capital Company Beta Analysis
Manhattan Bridge's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Manhattan Bridge Beta | 0.55 |
Most of Manhattan Bridge's fundamental indicators, such as Beta, 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, Manhattan Bridge Capital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Manhattan Bridge Capital has a Beta of 0.55. This is 23.61% lower than that of the Mortgage Real Estate Investment Trusts (REITs) sector and significantly higher than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
Manhattan Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Manhattan Bridge's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Manhattan Bridge could also be used in its relative valuation, which is a method of valuing Manhattan Bridge by comparing valuation metrics of similar companies.Manhattan Bridge is currently under evaluation in beta category among its peers.
As returns on the market increase, Manhattan Bridge's returns are expected to increase less than the market. However, during the bear market, the loss of holding Manhattan Bridge is expected to be smaller as well.
Manhattan Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0786 | ||||
| Profit Margin | 0.76 % | ||||
| Operating Margin | 0.79 % | ||||
| Current Valuation | 85.55 M | ||||
| Shares Outstanding | 11.44 M | ||||
| Shares Owned By Insiders | 24.53 % | ||||
| Shares Owned By Institutions | 49.80 % | ||||
| Number Of Shares Shorted | 25.03 K | ||||
| Price To Earning | 12.96 X | ||||
| Price To Book | 1.40 X | ||||
| Price To Sales | 8.17 X | ||||
| Revenue | 9.8 M | ||||
| Gross Profit | 6.75 M | ||||
| EBITDA | 7.97 M | ||||
| Net Income | 5.48 M | ||||
| Cash And Equivalents | 109.71 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 31.2 M | ||||
| Debt To Equity | 0.68 % | ||||
| Current Ratio | 32.61 X | ||||
| Book Value Per Share | 3.78 X | ||||
| Cash Flow From Operations | 5.57 M | ||||
| Short Ratio | 1.02 X | ||||
| Earnings Per Share | 0.49 X | ||||
| Target Price | 7.0 | ||||
| Beta | 0.55 | ||||
| Market Capitalization | 60.43 M | ||||
| Total Asset | 76.43 M | ||||
| Retained Earnings | (1.57 M) | ||||
| Working Capital | 8.54 M | ||||
| Current Asset | 13.43 M | ||||
| Current Liabilities | 4.89 M | ||||
| Annual Yield | 0.09 % | ||||
| Five Year Return | 7.98 % | ||||
| Net Asset | 76.43 M | ||||
| Last Dividend Paid | 0.46 |
About Manhattan Bridge Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Manhattan Bridge Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Manhattan Bridge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Manhattan Bridge Capital 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.
Please read more on our fundamental analysis page.
Pair Trading with Manhattan Bridge
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 Manhattan Bridge 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 Manhattan Bridge will appreciate offsetting losses from the drop in the long position's value.Moving together with Manhattan Stock
Moving against Manhattan Stock
| 0.74 | ARI | Apollo Commercial Real | PairCorr |
| 0.6 | ECRO | Ecc Cap Corp | PairCorr |
| 0.55 | RC | Ready Capital Corp | PairCorr |
| 0.52 | EFC | Ellington Financial | PairCorr |
| 0.34 | ORC | Orchid Island Capital | PairCorr |
The ability to find closely correlated positions to Manhattan Bridge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Manhattan Bridge 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 Manhattan Bridge - 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 Manhattan Bridge Capital to buy it.
The correlation of Manhattan Bridge 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 Manhattan Bridge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manhattan Bridge Capital 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 Manhattan Bridge 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 Manhattan Bridge Piotroski F Score and Manhattan Bridge Altman Z Score analysis. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Trading space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Manhattan Bridge. If investors know Manhattan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Manhattan Bridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Manhattan Bridge Capital is measured differently than its book value, which is the value of Manhattan that is recorded on the company's balance sheet. Investors also form their own opinion of Manhattan Bridge's value that differs from its market value or its book value, called intrinsic value, which is Manhattan Bridge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Manhattan Bridge's market value can be influenced by many factors that don't directly affect Manhattan Bridge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Manhattan Bridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manhattan Bridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manhattan Bridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.