PennyMac Mortgage Cash Per Share vs. Revenue
PMT-PB Preferred Stock | USD 24.25 0.07 0.29% |
For PennyMac Mortgage profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PennyMac Mortgage to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PennyMac Mortgage Investment utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PennyMac Mortgage's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PennyMac Mortgage Investment over time as well as its relative position and ranking within its peers.
PennyMac |
PennyMac Mortgage Revenue vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PennyMac Mortgage's current stock value. Our valuation model uses many indicators to compare PennyMac Mortgage value to that of its competitors to determine the firm's financial worth. PennyMac Mortgage Investment is considered to be number one stock in cash per share category among its peers. It is regarded third in revenue category among its peers totaling about 17,480,388 of Revenue per Cash Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value PennyMac Mortgage by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for PennyMac Mortgage's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.PennyMac Revenue vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
PennyMac Mortgage |
| = | 4.64 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
PennyMac Mortgage |
| = | 81.11 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
PennyMac Revenue vs Competition
PennyMac Mortgage Investment is regarded third in revenue category among its peers. Market size based on revenue of REIT—Mortgage industry is at this time estimated at about 486.68 Million. PennyMac Mortgage retains roughly 81.11 Million in revenue claiming about 17% of equities listed under REIT—Mortgage industry.
PennyMac Mortgage Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PennyMac Mortgage, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PennyMac Mortgage will eventually generate negative long term returns. The profitability progress is the general direction of PennyMac Mortgage's change in net profit over the period of time. It can combine multiple indicators of PennyMac Mortgage, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
PennyMac Mortgage Investment Trust, a specialty finance company, invests primarily in mortgage-related assets in the United States. PennyMac Mortgage Investment Trust was founded in 2009 and is headquartered in Westlake Village, California. PennyMac Mortgage operates under REITMortgage classification in the United States and is traded on NYQ Exchange. It employs 1 people.
PennyMac Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PennyMac Mortgage. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of PennyMac Mortgage position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the PennyMac Mortgage's important profitability drivers and their relationship over time.
Use PennyMac Mortgage in pair-trading
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 PennyMac Mortgage 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 PennyMac Mortgage will appreciate offsetting losses from the drop in the long position's value.PennyMac Mortgage Pair Trading
PennyMac Mortgage Investment Pair Trading Analysis
The ability to find closely correlated positions to PennyMac Mortgage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PennyMac Mortgage 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 PennyMac Mortgage - 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 PennyMac Mortgage Investment to buy it.
The correlation of PennyMac Mortgage 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 PennyMac Mortgage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PennyMac Mortgage 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 PennyMac Mortgage 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.Use Investing Themes to Complement your PennyMac Mortgage position
In addition to having PennyMac Mortgage 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 Millennials Best Thematic Idea Now
Millennials Best
Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000. The Millennials Best theme has 77 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 Millennials Best Theme or any other thematic opportunities.
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Other Information on Investing in PennyMac Preferred Stock
To fully project PennyMac Mortgage's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PennyMac Mortgage at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include PennyMac Mortgage's income statement, its balance sheet, and the statement of cash flows.