Granite Point Mortgage Stock Alpha and Beta Analysis
| GPMT Stock | USD 3.55 0.03 0.84% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Granite Point Mortgage. It also helps investors analyze the systematic and unsystematic risks associated with investing in Granite Point over a specified time horizon. Remember, high Granite Point's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Granite Point's market risk premium analysis include:
Beta 0.9 | Alpha 0.48 | Risk 3.03 | Sharpe Ratio 0.17 | Expected Return 0.53 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Granite |
Granite Point Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Granite Point market risk premium is the additional return an investor will receive from holding Granite Point 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 Granite Point. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Granite Point's performance over market.| α | 0.48 | β | 0.90 |
Granite Point expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Granite Point's Buy-and-hold return. Our buy-and-hold chart shows how Granite Point performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Granite Point Market Price Analysis
Market price analysis indicators help investors to evaluate how Granite Point stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Granite Point shares will generate the highest return on investment. By understating and applying Granite Point stock market price indicators, traders can identify Granite Point position entry and exit signals to maximize returns.
Granite Point Return and Market Media
The median price of Granite Point for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 3.01 with a coefficient of variation of 9.34. The daily time series for the period is distributed with a sample standard deviation of 0.28, arithmetic mean of 3.02, and mean deviation of 0.21. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Granite Point Mortgage Trust Price Target Decreased by 7.14 percent to 5.53 - MSN | 09/19/2024 |
2 | Granite Point Mortgage Trust Inc. to Issue 0.05 Quarterly Dividend | 09/30/2024 |
| Granite Point dividend paid on 15th of October 2024 | 10/15/2024 |
3 | Granite Point Mortgage Trust Q3 2024 Earnings Preview | 11/05/2024 |
4 | Granite Point Mortgage Trust Inc. Reports Third Quarter 2024 Financial Results and Post Quarter-End Update | 11/06/2024 |
5 | Granite Point Mortgage Trust Inc Q3 2024 Earnings Call Highlights Navigating Challenges ... | 11/08/2024 |
6 | UBS Group Forecasts Strong Price Appreciation for Granite Point Mortgage Trust Stock | 11/15/2024 |
7 | Disposition of 67567 shares by Stephen Kasnet of Granite Point subject to Rule 16b-3 | 11/21/2024 |
8 | Acquisition by Marcin Urbaszek of 32076 shares of Granite Point subject to Rule 16b-3 | 11/29/2024 |
About Granite Point Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Granite or other stocks. Alpha measures the amount that position in Granite Point Mortgage has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.1 | 0.23 | 0.19 | 0.2 | Price To Sales Ratio | 7.3 | 3.63 | 1.15 | 1.09 |
Granite Point Upcoming Company Events
As portrayed in its financial statements, the presentation of Granite Point's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Granite Point's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Granite Point's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Granite Point. Please utilize our Beneish M Score to check the likelihood of Granite Point's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Granite Stock Analysis
When running Granite Point's price analysis, check to measure Granite Point'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 Granite Point is operating at the current time. Most of Granite Point's value examination focuses on studying past and present price action to predict the probability of Granite Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Point's price. Additionally, you may evaluate how the addition of Granite Point to your portfolios can decrease your overall portfolio volatility.