New York Mortgage Stock Price on February 13, 2024
| NYMT Stock | USD 6.27 0.06 0.95% |
Below is the normalized historical share price chart for New York Mortgage extending back to June 24, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of New York stands at 6.27, as last reported on the 20th of May, with the highest price reaching 6.36 and the lowest price hitting 6.26 during the day.
If you're considering investing in New Stock, it is important to understand the factors that can impact its price. New York Mortgage has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1% return per unit of risk over the last 3 months. New York exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify New York's Risk Adjusted Performance of (0.03), mean deviation of 1.58, and Standard Deviation of 2.21 to check out the risk estimate we provide.
At this time, New York's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 95.6 M in 2024, despite the fact that Sale Purchase Of Stock is likely to grow to (10.5 M). . At this time, New York's Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.21 in 2024, despite the fact that Price To Free Cash Flows Ratio is likely to grow to (36.13). New Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of June 2004 | 200 Day MA 8.0236 | 50 Day MA 6.8772 | Beta 1.937 |
New |
Sharpe Ratio = -0.1018
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NYMT |
Estimated Market Risk
| 2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average New York is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of New York by adding New York to a well-diversified portfolio.
Price Book 0.6107 | Price Sales 3.0324 | Shares Float 89.8 M | Dividend Share 1 | Wall Street Target Price 7.75 |
New York Valuation on February 13, 2024
It is possible to determine the worth of New York on a given historical date. On February 13, 2024 New was worth 7.42 at the beginning of the trading date compared to the closed value of 6.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New York stock. Still, in general, we apply an absolute valuation method to find New York's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of New York where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New York's related companies.
| Open | High | Low | Close | Volume | |
| 7.55 | 7.68 | 7.45 | 7.45 | 463,932 | |
02/13/2024 | 7.42 | 7.42 | 6.98 | 6.98 | 716,762 |
| 7.24 | 7.25 | 6.95 | 6.95 | 671,467 |
| Backtest New York | | | New York History | | | New York Valuation | Previous | Next |
New York Trading Date Momentum on February 13, 2024
| On February 14 2024 New York Mortgage was traded for 6.95 at the closing time. The top price for the day was 7.25 and the lowest listed price was 6.95 . The trading volume for the day was 671.5 K. The trading history from February 14, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.43% . The trading delta at closing time against the current closing price is 3.15% . |
New York Mortgage Fundamentals Correlations and Trends
By evaluating New York's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among New York's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. New financial account trend analysis is a perfect complement when working with valuation or volatility modules.About New York Stock history
New York investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for New is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in New York Mortgage will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing New York stock prices may prove useful in developing a viable investing in New York
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 91 M | 95.6 M | |
| Net Loss | -306.5 M | -291.2 M |
New York Stock Technical Analysis
New York technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
New York Period Price Range
Low | February 13, 2024
| High |
7.42 | 6.98 |
New York May 20, 2024 Market Strength
Market strength indicators help investors to evaluate how New York stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New York shares will generate the highest return on investment. By undertsting and applying New York stock market strength indicators, traders can identify New York Mortgage entry and exit signals to maximize returns
New York Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New York's price direction in advance. Along with the technical and fundamental analysis of New Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of New to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.11) |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Volume Indicators |
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 population. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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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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Is New York'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 New York. If investors know New 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 New York 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 (0.65) | Dividend Share 1 | Earnings Share (1.86) | Revenue Per Share 1.846 | Quarterly Revenue Growth (0.59) |
The market value of New York Mortgage is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New York's value that differs from its market value or its book value, called intrinsic value, which is New York'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 New York's market value can be influenced by many factors that don't directly affect New York'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 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.