Great Ajax Corp Stock Buy Hold or Sell Recommendation
| AJX Stock | USD 3.54 0.12 3.28% |
Considering the 90-day investment horizon and your slightly conservative level of risk, our recommendation regarding Great Ajax Corp is 'Strong Sell'. Macroaxis provides Great Ajax buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AJX positions. The advice algorithm takes into account all of Great Ajax's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Great Ajax's buy or sell advice are summarized below:
Real Value 4.99 | Target Price 9.67 | Hype Value 3.64 | Market Value 3.54 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Great Ajax Corp given historical horizon and risk tolerance towards Great Ajax. When Macroaxis issues a 'buy' or 'sell' recommendation for Great Ajax Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Great |
Execute Great Ajax Buy or Sell Advice
The Great recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Great Ajax Corp. Macroaxis does not own or have any residual interests in Great Ajax Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Great Ajax's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Moderately volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Great Ajax Trading Alerts and Improvement Suggestions
| Great Ajax Corp generated a negative expected return over the last 90 days | |
| Great Ajax Corp has high historical volatility and very poor performance | |
| Great Ajax Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 62.68 M. Reported Net Loss for the year was (46.96 M) with profit before taxes, overhead, and interest of 26.91 M. | |
| Great Ajax Corp has about 47.84 M in cash with (46.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.27. | |
| Great Ajax Corp has a frail financial position based on the latest SEC disclosures | |
| Over 76.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from investing.com: Great Ajax Corp. sets conversion rate for notes due April 30 |
Great Ajax Returns Distribution Density
The distribution of Great Ajax's historical returns is an attempt to chart the uncertainty of Great Ajax's future price movements. The chart of the probability distribution of Great Ajax daily returns describes the distribution of returns around its average expected value. We use Great Ajax Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Great Ajax returns is essential to provide solid investment advice for Great Ajax.
| Mean Return | -0.52 | Value At Risk | -6.4 | Potential Upside | 4.97 | Standard Deviation | 3.59 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Great Ajax historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Great Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Great Ajax is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Great Ajax Corp backward and forwards among themselves. Great Ajax's institutional investor refers to the entity that pools money to purchase Great Ajax's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Qube Research & Technologies | 2023-12-31 | 374.5 K | Cannell Capital Llc | 2023-12-31 | 323.8 K | Fifth Lane Capital, Lp | 2023-09-30 | 300 K | Geode Capital Management, Llc | 2023-12-31 | 249.2 K | Bard Associates Inc | 2023-12-31 | 160.8 K | Two Sigma Investments Llc | 2023-12-31 | 123.2 K | Two Sigma Advisers, Llc | 2023-12-31 | 120.3 K | Kg&l Capital Management,llc | 2023-12-31 | 113.5 K | Jane Street Group, Llc | 2023-12-31 | 108.1 K | Wellington Management Company Llp | 2023-12-31 | 3.1 M | Beach Point Capital Management Lp | 2023-12-31 | 2.3 M |
Great Ajax Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | (83.8M) | (13.7M) | (163.8M) | 148.9M | 160.7M | 168.7M | |
| Change In Cash | 9.2M | 43.0M | (19.8M) | (36.6M) | 5.0M | 2.7M | |
| Net Borrowings | 361.2M | 244.5M | 550.9M | 179.0M | 161.1M | 307.2M | |
| Depreciation | 499K | 29K | 7K | 3.72 | 2.7M | 2.8M | |
| Dividends Paid | 26.3M | 17.5M | 28.8M | 29.9M | 20.6M | 21.5M | |
| Capital Expenditures | 15.8M | 27.4M | 28K | 277K | 27K | 0.0 | |
| Net Income | 37.1M | 33.6M | 41.8M | (14.9M) | (47.0M) | (44.6M) | |
| End Period Cash Flow | 64.4M | 107.3M | 87.5M | 47.8M | 52.8M | 64.9M | |
| Change To Netincome | (4.9M) | 12.4M | (17.5M) | (8.5M) | (7.6M) | (7.3M) | |
| Free Cash Flow | (15.4M) | (13.9M) | (15.3M) | 1.1M | (46.5M) | (44.1M) | |
| Other Non Cash Items | (39.1M) | (34.2M) | (31.3M) | (2.2M) | (1.0M) | (1.1M) |
Great Ajax Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Great Ajax or Mortgage Real Estate Investment Trusts (REITs) sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Great Ajax's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Great stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.64 | |
β | Beta against NYSE Composite | 1.49 | |
σ | Overall volatility | 3.70 | |
Ir | Information ratio | -0.17 |
Great Ajax Volatility Alert
Great Ajax Corp exhibits very low volatility with skewness of -1.03 and kurtosis of 2.76. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Great Ajax's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Great Ajax's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Great Ajax Fundamentals Vs Peers
Comparing Great Ajax's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Great Ajax's direct or indirect competition across all of the common fundamentals between Great Ajax and the related equities. This way, we can detect undervalued stocks with similar characteristics as Great Ajax or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Great Ajax's fundamental indicators could also be used in its relative valuation, which is a method of valuing Great Ajax by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Great Ajax to competition |
| Fundamentals | Great Ajax | Peer Average |
| Return On Equity | -0.14 | -0.31 |
| Return On Asset | -0.0333 | -0.14 |
| Operating Margin | 1.34 % | (5.51) % |
| Current Valuation | 1.09 B | 16.62 B |
| Shares Outstanding | 36.99 M | 571.82 M |
| Shares Owned By Insiders | 2.49 % | 10.09 % |
| Shares Owned By Institutions | 76.06 % | 39.21 % |
| Number Of Shares Shorted | 235.29 K | 4.71 M |
| Price To Earning | 7.81 X | 28.72 X |
| Price To Book | 0.50 X | 9.51 X |
| Price To Sales | 34.51 X | 11.42 X |
| Revenue | 62.68 M | 9.43 B |
| Gross Profit | 26.91 M | 27.38 B |
| EBITDA | (49.02 M) | 3.9 B |
| Net Income | (46.96 M) | 570.98 M |
| Cash And Equivalents | 47.84 M | 2.7 B |
| Cash Per Share | 2.27 X | 5.01 X |
| Total Debt | 997.32 M | 5.32 B |
| Debt To Equity | 2.62 % | 48.70 % |
| Current Ratio | 2.05 X | 2.16 X |
| Book Value Per Share | 9.99 X | 1.93 K |
| Cash Flow From Operations | (46.46 M) | 971.22 M |
| Short Ratio | 1.55 X | 4.00 X |
| Earnings Per Share | (2.01) X | 3.12 X |
| Target Price | 8.0 | |
| Beta | 1.83 | -0.15 |
| Market Capitalization | 129.83 M | 19.03 B |
| Total Asset | 1.34 B | 29.47 B |
| Retained Earnings | (54.38 M) | 9.33 B |
| Working Capital | (317 M) | 1.48 B |
| Current Asset | 46.85 M | 9.34 B |
| Current Liabilities | 363.85 M | 7.9 B |
| Annual Yield | 0.11 % |
Note: Acquisition by Paul Friedman of 1070 shares of Great Ajax at 9.34 subject to Rule 16b-3 [view details]
Great Ajax Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Great . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Great Ajax Buy or Sell Advice
When is the right time to buy or sell Great Ajax Corp? Buying financial instruments such as Great Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 678.4M | 677.5M | 997.3M | 675.7M | Total Assets | 1.8B | 1.5B | 1.3B | 1.4B |
Use Investing Ideas to Build Portfolios
In addition to having Great Ajax in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Hedge Favorites Thematic Idea Now
Hedge Favorites
Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hedge Favorites Theme or any other thematic opportunities.
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Check out Great Ajax Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Great Stock analysis
When running Great Ajax's price analysis, check to measure Great Ajax'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 Great Ajax is operating at the current time. Most of Great Ajax's value examination focuses on studying past and present price action to predict the probability of Great Ajax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Ajax's price. Additionally, you may evaluate how the addition of Great Ajax to your portfolios can decrease your overall portfolio volatility.
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Is Great Ajax'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 Great Ajax. If investors know Great 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 Great Ajax 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 (0.50) | Dividend Share 0.76 | Earnings Share (2.01) | Revenue Per Share (0.80) | Quarterly Revenue Growth (0.82) |
The market value of Great Ajax Corp is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Ajax's value that differs from its market value or its book value, called intrinsic value, which is Great Ajax'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 Great Ajax's market value can be influenced by many factors that don't directly affect Great Ajax'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 Great Ajax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Ajax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Ajax'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.