Ellington Financial is a company that acquires asset-backed financial instruments. This is exactly the kind of product that got the entire financial world into trouble in 2008. So, how could I possibly even consider analyzing a company that works with that product? Simple: This company works with the same kinds of products that created the financial crisis.
While I would equally be apprehensive to consider adding the product in to my portfolio, the sector in the industry has been beaten down so much that it is impossible to even consider not looking at the sector. There is barely any interest in any company dealing with these products. There is absolutely no surprise there. That, however, is exactly the reason to get into the sector.
Use basic forecasting models to generate price predictions and determine price momentum
|All Next||Launch Equity Forecasting|