Q2 2024 Great Ajax Corp Earnings Call Transcript
AJXDelisted Stock | USD 3.00 0.02 0.67% |
Slightly above 58% of all AJX Old's investors are looking to take a long position. The analysis of current outlook of investing in AJX Old suggests that some traders are interested regarding AJX Old's prospects. AJX Old's investing sentiment can be driven by a variety of factors including economic data, AJX Old's earnings reports, geopolitical events, and overall market trends.
AJX |
Jul 24, 2024 1200PM GMTOperator Good day and welcome to the Great Ajax second quarter 2024 earnings call. Please note this event is b
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AJX Old Fundamental Analysis
We analyze AJX Old's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AJX Old using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AJX Old 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.
Book Value Per Share
Book Value Per Share Comparative Analysis
AJX Old is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
AJX Old 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 AJX Old stock to make a market-neutral strategy. Peer analysis of AJX Old could also be used in its relative valuation, which is a method of valuing AJX Old by comparing valuation metrics with similar companies.
Peers
AJX Old Related Equities
ORC | Orchid Island | 5.56 | ||||
CHMI | Cherry Hill | 1.54 | ||||
TWO | Two Harbors | 1.51 | ||||
NREF | Nexpoint Real | 1.05 | ||||
EARN | Ellington Residential | 0.92 | ||||
DX | Dynex Capital | 0.91 | ||||
EFC | Ellington Financial | 0.80 | ||||
FBRT | Franklin BSP | 0.47 | ||||
TRTX | TPG RE | 0.12 | ||||
ARI | Apollo Commercial | 0.23 | ||||
LADR | Ladder Capital | 0.53 | ||||
KREF | KKR Real | 0.60 | ||||
RC | Ready Capital | 0.75 | ||||
AGNCN | AGNC Investment | 1.00 | ||||
ACRE | Ares Commercial | 1.57 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in AJX Stock
If you are still planning to invest in AJX Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the AJX Old's history and understand the potential risks before investing.
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