New York Mortgage Stock Short Ratio
| NYMT Stock | USD 5.95 0.08 1.36% |
New York Mortgage fundamentals help investors to digest information that contributes to New York's financial success or failures. It also enables traders to predict the movement of New Stock. The fundamental analysis module provides a way to measure New York'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 New York stock.
New | Short Ratio |
New York Mortgage Company Short Ratio Analysis
New York's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current New York Short Ratio | 3.78 X |
Most of New York's fundamental indicators, such as Short Ratio, 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.
New Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for New York is extremely important. It helps to project a fair market value of New Stock properly, considering its historical fundamentals such as Short Ratio. Since New York's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of New York's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of New York's interrelated accounts and indicators.
Click cells to compare fundamentals
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
Based on the latest financial disclosure, New York Mortgage has a Short Ratio of 3.78 times. This is 18.71% lower than that of the Mortgage Real Estate Investment Trusts (REITs) sector and significantly higher than that of the Financials industry. The short ratio for all United States stocks is 5.5% higher than that of the company.
New Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New York's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of New York could also be used in its relative valuation, which is a method of valuing New York by comparing valuation metrics of similar companies.New York is currently under evaluation in short ratio category among related companies.
New York ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, New York's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to New York's managers, analysts, and investors.Environmental | Governance | Social |
New York Institutional Holders
Institutional Holdings refers to the ownership stake in New York that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of New York's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing New York's value.| Shares | Brandywine Global Investment Mgmt Llc | 2023-12-31 | 860.1 K | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 827.6 K | Bank Of New York Mellon Corp | 2023-12-31 | 762.2 K | Van Eck Associates Corporation | 2024-03-31 | 578.9 K | Clear Harbor Asset Management, Llc | 2023-12-31 | 496.9 K | Principal Financial Group Inc | 2024-03-31 | 470.9 K | Bank Of America Corp | 2023-12-31 | 375.2 K | Goldman Sachs Group Inc | 2023-12-31 | 358.9 K | Citigroup Inc | 2023-12-31 | 349.2 K | Blackrock Inc | 2023-12-31 | 15.2 M | Vanguard Group Inc | 2023-12-31 | 6.2 M |
New Fundamentals
| Return On Equity | -0.1 | ||||
| Return On Asset | -0.0253 | ||||
| Profit Margin | (0.76) % | ||||
| Operating Margin | (0.99) % | ||||
| Current Valuation | 6.56 B | ||||
| Shares Outstanding | 91.23 M | ||||
| Shares Owned By Insiders | 1.56 % | ||||
| Shares Owned By Institutions | 57.19 % | ||||
| Number Of Shares Shorted | 2.79 M | ||||
| Price To Earning | 6.03 X | ||||
| Price To Book | 0.61 X | ||||
| Price To Sales | 3.03 X | ||||
| Revenue | 390.59 M | ||||
| Gross Profit | (181.69 M) | ||||
| EBITDA | 206.44 M | ||||
| Net Income | (48.66 M) | ||||
| Cash And Equivalents | 407.1 M | ||||
| Cash Per Share | 1.08 X | ||||
| Total Debt | 5.28 B | ||||
| Debt To Equity | 2.27 % | ||||
| Current Ratio | 52.15 X | ||||
| Book Value Per Share | 10.41 X | ||||
| Cash Flow From Operations | 30.05 M | ||||
| Short Ratio | 3.78 X | ||||
| Earnings Per Share | (1.92) X | ||||
| Price To Earnings To Growth | 0.97 X | ||||
| Target Price | 7.75 | ||||
| Number Of Employees | 81 | ||||
| Beta | 1.94 | ||||
| Market Capitalization | 535.51 M | ||||
| Total Asset | 7.4 B | ||||
| Retained Earnings | (1.25 B) | ||||
| Working Capital | (957.91 M) | ||||
| Current Asset | 61.96 M | ||||
| Current Liabilities | 1.02 B | ||||
| Annual Yield | 0.14 % | ||||
| Five Year Return | 14.15 % | ||||
| Net Asset | 7.4 B | ||||
| Last Dividend Paid | 1.0 |
About New York Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New York Mortgage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New York using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New York Mortgage 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 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 against New Stock
| 0.82 | TW | Tradeweb Markets | PairCorr |
| 0.8 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
| 0.77 | RM | Regional Management Corp | PairCorr |
| 0.73 | SF | Stifel Financial Financial Report 24th of July 2024 | PairCorr |
| 0.72 | BN | Brookfield Corp | PairCorr |
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.Check out New York Piotroski F Score and New York Altman Z Score analysis. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for New Stock analysis
When running New York's price analysis, check to measure New York'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 New York is operating at the current time. Most of New York's value examination focuses on studying past and present price action to predict the probability of New York's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New York's price. Additionally, you may evaluate how the addition of New York to your portfolios can decrease your overall portfolio volatility.
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Is New York's industry 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 New York. If investors know New 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 New York listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.65) | Dividend Share 1 | Earnings Share (1.92) | Revenue Per Share 1.846 | Quarterly Revenue Growth (0.59) |
The market value of New York Mortgage is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New York's value that differs from its market value or its book value, called intrinsic value, which is New York'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 New York's market value can be influenced by many factors that don't directly affect New York'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 New York's value and its price as these two are different measures arrived at by different means. Investors typically determine if New York is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New York'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.