Sierra Summit Advisors LLC Purchases New Position in Granite Point Mortgage Trust Inc. - Defense World
GPMT-PA Preferred Stock | 17.84 0.11 0.61% |
About 62% of Granite Point's investor base is looking to short. The current sentiment regarding investing in Granite Point Mortgage preferred stock implies that many traders are alarmed. The current market sentiment, together with Granite Point's historical and current headlines, can help investors time the market. In addition, many technical investors use Granite Point Mortgage preferred stock news signals to limit their universe of possible portfolio assets.
Granite |
Sierra Summit Advisors LLC Purchases New Position in Granite Point Mortgage Trust Inc. Defense World
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Granite Point Fundamental Analysis
We analyze Granite Point's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Granite Point using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Granite Point 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.
Earnings Per Share
Earnings Per Share Comparative Analysis
Granite Point is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Granite Point Mortgage Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Granite Point preferred stock to make a market-neutral strategy. Peer analysis of Granite Point could also be used in its relative valuation, which is a method of valuing Granite Point by comparing valuation metrics with similar companies.
Peers
Granite Point Related Equities
PMT-PC | PennyMac Mortgage | 0.45 | ||||
ARR-PC | ARMOUR Residential | 0.36 | ||||
RC-PE | Ready Capital | 0.05 | ||||
RITM-PD | Rithm Capital | 0.12 | ||||
MFA-PC | MFA Financial | 0.69 |
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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.
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