Ellington Financial Llc Stock Filter Stocks by Fundamentals
EFC Stock | USD 11.81 0.20 1.72% |
Ellington Financial LLC fundamentals help investors to digest information that contributes to Ellington Financial's financial success or failures. It also enables traders to predict the movement of Ellington Stock. The fundamental analysis module provides a way to measure Ellington Financial'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 Ellington Financial stock.
Ellington | Debt to Equity |
Ellington Debt to Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 122.0M | 23.5M | 294.3M | 309.0M | Total Revenue | 122.0M | 43.1M | 352.0M | 369.5M |
Ellington Debt to Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Ellington Financial is extremely important. It helps to project a fair market value of Ellington Stock properly, considering its historical fundamentals such as Debt to Equity. Since Ellington Financial'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 Ellington Financial'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 Ellington Financial's interrelated accounts and indicators.
Click cells to compare fundamentals
Competition |
Ellington Total Stockholder Equity
Total Stockholder Equity |
|
According to the company disclosure, Ellington Financial LLC has a Debt to Equity of 0.0null. This indicator is about the same for the Mortgage Real Estate Investment Trusts (REITs) average (which is currently at 0.0) sector and about the same as Debt to Equity (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Did you try this?
Run My Watchlist Analysis Now
My Watchlist AnalysisAnalyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |
All Next | Launch Module |
Ellington Fundamentals
Return On Equity | 0.0638 | ||||
Return On Asset | 0.006 | ||||
Profit Margin | 0.33 % | ||||
Operating Margin | 0.04 % | ||||
Current Valuation | 14.22 B | ||||
Shares Outstanding | 85.1 M | ||||
Shares Owned By Insiders | 3.82 % | ||||
Shares Owned By Institutions | 54.13 % | ||||
Number Of Shares Shorted | 2.98 M | ||||
Price To Earning | 35.91 X | ||||
Price To Book | 0.85 X | ||||
Price To Sales | 3.97 X | ||||
Revenue | 351.95 M | ||||
Gross Profit | 41.69 M | ||||
EBITDA | 323.48 M | ||||
Net Income | 84.08 M | ||||
Cash And Equivalents | 217.05 M | ||||
Cash Per Share | 8.09 X | ||||
Total Debt | 13.33 B | ||||
Debt To Equity | 3.78 % | ||||
Current Ratio | 1.46 X | ||||
Book Value Per Share | 13.99 X | ||||
Cash Flow From Operations | 113.62 M | ||||
Short Ratio | 2.29 X | ||||
Earnings Per Share | 0.89 X | ||||
Price To Earnings To Growth | 0.86 X | ||||
Target Price | 13.89 | ||||
Number Of Employees | 400 | ||||
Beta | 1.92 | ||||
Market Capitalization | 999.97 M | ||||
Total Asset | 15.32 B | ||||
Retained Earnings | (353.36 M) | ||||
Z Score | 0.11 | ||||
Annual Yield | 0.13 % | ||||
Five Year Return | 10.72 % | ||||
Net Asset | 15.32 B | ||||
Last Dividend Paid | 1.8 |
About Ellington Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ellington Financial LLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ellington Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ellington Financial LLC 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.Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. Ellington Financial LLC was incorporated in 2007 and is based in Old Greenwich, Connecticut. Ellington Financial is traded on New York Stock Exchange in the United States.
Pair Trading with Ellington Financial
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 Ellington Financial 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 Ellington Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Ellington Stock
0.79 | DHIL | Diamond Hill Investment | PairCorr |
Moving against Ellington Stock
0.78 | CG | Carlyle Group Financial Report 2nd of May 2024 | PairCorr |
0.75 | IX | Orix Corp Ads Financial Report 8th of May 2024 | PairCorr |
0.71 | MCAA | Mountain I Acquisition | PairCorr |
0.7 | V | Visa Class A Fiscal Quarter End 31st of March 2024 | PairCorr |
0.64 | MCAG | Mountain Crest Acqui | PairCorr |
The ability to find closely correlated positions to Ellington Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ellington Financial 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 Ellington Financial - 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 Ellington Financial LLC to buy it.
The correlation of Ellington Financial 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 Ellington Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ellington Financial LLC 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 Ellington Financial 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 Ellington Financial Piotroski F Score and Ellington Financial Altman Z Score analysis. Note that the Ellington Financial LLC information on this page should be used as a complementary analysis to other Ellington Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Ellington Stock analysis
When running Ellington Financial's price analysis, check to measure Ellington Financial'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 Ellington Financial is operating at the current time. Most of Ellington Financial's value examination focuses on studying past and present price action to predict the probability of Ellington Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ellington Financial's price. Additionally, you may evaluate how the addition of Ellington Financial to your portfolios can decrease your overall portfolio volatility.
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |
Is Ellington Financial'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 Ellington Financial. If investors know Ellington 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 Ellington Financial 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 (0.53) | Dividend Share 1.8 | Earnings Share 0.89 | Revenue Per Share 3.689 | Quarterly Revenue Growth (0.09) |
The market value of Ellington Financial LLC is measured differently than its book value, which is the value of Ellington that is recorded on the company's balance sheet. Investors also form their own opinion of Ellington Financial's value that differs from its market value or its book value, called intrinsic value, which is Ellington Financial'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 Ellington Financial's market value can be influenced by many factors that don't directly affect Ellington Financial'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 Ellington Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellington Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellington Financial'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.