New York Mortgage Preferred Stock Today

NYMTZ Preferred Stock  USD 17.78  0.15  0.85%   

Performance

8 of 100

 
Low
 
High
OK

Odds Of Distress

Over 57

 
100  
 
Zero
Above Average
New York is trading at 17.78 as of the 28th of February 2024; that is 0.85 percent increase since the beginning of the trading day. The preferred stock's open price was 17.63. New York has over 57 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for New York Mortgage are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of January 2024 and ending today, the 28th of February 2024. Please note, there could be an existing legal relationship between New York Mortgage (NYMTZ) and New York Mortgage (NYMT). Click here to learn more.
New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. The company was incorporated in 2003 and is headquartered in New York, New York. New York operates under REITMortgage classification in the United States and is traded on NASDAQ Exchange. The company has 0 outstanding shares of which 1.49 K shares are now shorted by private and institutional investors with about 0.36 days to cover all short positions. More on New York Mortgage

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New Preferred Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. New York's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding New York or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Related EntityNYMT (New York Mortgage)
Business ConcentrationREIT—Mortgage, Real Estate (View all Sectors)
New York Mortgage (NYMTZ) is traded on NASDAQ Exchange in USA and employs 75 people. The company classifies itself under Real Estate sector and is part of REIT—Mortgage industry. New York Mortgage has 0 outstanding shares of which 1.49 K shares are now shorted by private and institutional investors with about 0.36 days to cover all short positions. New York Mortgage has accumulated about 407.1 M in cash with 138.91 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.08.
Check New York Probability Of Bankruptcy
Ownership Allocation
Roughly 100.0 % of New York outstanding shares are held by general public with 0.06 % by institutional investors.
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New Stock Price Odds Analysis

Based on a normal probability distribution, the odds of New York jumping above the current price in 90 days from now is about 26.28%. The New York Mortgage probability density function shows the probability of New York preferred stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon New York Mortgage has a beta of -0.039. This indicates as returns on benchmark increase, returns on holding New York are expected to decrease at a much lower rate. During the bear market, however, New York Mortgage is likely to outperform the market. Additionally, the company has an alpha of 0.1359, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 17.78HorizonTargetOdds Above 17.78
73.41%90 days
 17.78 
26.28%
Based on a normal probability distribution, the odds of New York to move above the current price in 90 days from now is about 26.28 (This New York Mortgage probability density function shows the probability of New Preferred Stock to fall within a particular range of prices over 90 days) .

New York Mortgage Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. New York market risk premium is the additional return an investor will receive from holding New York long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in New York. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although New York's alpha and beta are two of the key measurements used to evaluate New York's performance over the market, the standard measures of volatility play an important role as well.

New Stock Against Markets

Picking the right benchmark for New York preferred stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in New York preferred stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for New York is critical whether you are bullish or bearish towards New York Mortgage at a given time. Please also check how New York's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in New York without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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New York Corporate Management

Elected by the shareholders, the New York's board of directors comprises two types of representatives: New York inside directors who are chosen from within the company, and outside directors, selected externally and held independent of New. The board's role is to monitor New York's management team and ensure that shareholders' interests are well served. New York's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, New York's outside directors are responsible for providing unbiased perspectives on the board's policies.
Steven CPAEx ChairmanProfile
Jason SerranoCEO PresProfile
Nathan ReeseCOO SecProfile
Steven BrannanManaging DirectorProfile
Stephen HogueManaging DirectorProfile
CPA EngCFO OfficerProfile
Nicholas MahManaging DirectorProfile

How to buy New Preferred Stock?

Before investing in New York, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in New York. To buy New York preferred stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of New York. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase New York preferred stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located New York Mortgage preferred stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased New York Mortgage preferred stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the preferred stock
It's important to note that investing in stocks, such as New York Mortgage, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in preferred stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in New York Mortgage?

The danger of trading New York Mortgage is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of New York is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than New York. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile New York Mortgage is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New York Mortgage. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for New Preferred 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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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.