Ready Capital Corporation Q3 2023 Earnings Call Transcript - Yahoo Finance
RC-PC Preferred Stock | USD 18.30 0.10 0.54% |
About 62% of Ready Capital's investor base is looking to short. The current sentiment regarding investing in Ready Capital preferred stock implies that many traders are alarmed. The current market sentiment, together with Ready Capital's historical and current headlines, can help investors time the market. In addition, many technical investors use Ready Capital preferred stock news signals to limit their universe of possible portfolio assets.
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Ready Capital Corporation Q3 2023 Earnings Call Transcript Yahoo Finance
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Ready Capital Fundamental Analysis
We analyze Ready Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ready Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ready 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.
Beta
Beta Comparative Analysis
Ready Capital is currently under evaluation in beta category among its peers. 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.
Ready Capital 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 Ready Capital preferred stock to make a market-neutral strategy. Peer analysis of Ready Capital could also be used in its relative valuation, which is a method of valuing Ready Capital by comparing valuation metrics with similar companies.
Peers
Ready Capital Related Equities
MFA-PC | MFA Financial | 1.61 | ||||
PMT-PC | PennyMac Mortgage | 0.63 | ||||
RC-PE | Ready Capital | 0.58 | ||||
ARR-PC | ARMOUR Residential | 0.04 | ||||
ABR-PD | Arbor Realty | 0.05 |
Complementary Tools for Ready Preferred Stock analysis
When running Ready Capital's price analysis, check to measure Ready Capital'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 Ready Capital is operating at the current time. Most of Ready Capital's value examination focuses on studying past and present price action to predict the probability of Ready Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ready Capital's price. Additionally, you may evaluate how the addition of Ready Capital to your portfolios can decrease your overall portfolio volatility.
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