Great Ajax Corp Stock Performance
| AJX Stock | USD 3.49 0.05 1.45% |
The company retains a Market Volatility (i.e., Beta) of 1.53, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Great Ajax will likely underperform. Great Ajax Corp has an expected return of -0.64%. Please make sure to check out Great Ajax skewness, and the relationship between the total risk alpha and day median price , to decide if Great Ajax Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Great Ajax Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's forward-looking indicators remain fairly strong which may send shares a bit higher in May 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Actual Historical Performance (%)
One Day Return 1.45 | Five Day Return (0.29) | Year To Date Return (34.77) | Ten Year Return (74.21) | All Time Return (74.21) |
Forward Dividend Yield 0.1146 | Last Split Factor 473:457 | Forward Dividend Rate 0.4 | Dividend Date 2024-03-29 | Ex Dividend Date 2024-03-14 |
1 | Rithm Capital, Great Ajax Enter a Strategic Transaction | 02/26/2024 |
2 | Great Ajax Earns Sell Rating from Analysts at StockNews.com | 03/04/2024 |
3 | Acquisition by Paul Friedman of 3080 shares of Great Ajax at 4.87 subject to Rule 16b-3 | 03/13/2024 |
4 | Office Properties Income Trust, Great Ajax, NexPoint among real estate losers | 03/14/2024 |
5 | Top 3 Financial Stocks That May Explode This Quarter | 03/18/2024 |
6 | Acquisition by Jonathan Handley of 10000 shares of Great Ajax at 11.0984 subject to Rule 16b-3 | 03/20/2024 |
7 | Great Ajax Stock Passes Below 50 Day Moving Average of 4.47 - Defense World | 04/02/2024 |
8 | Disposition of 96460 shares by Litowitz Alec N of Great Ajax at 6.99 subject to Rule 16b-3 | 04/05/2024 |
9 | Great Ajax Corp. Announces Record Date for Stockholders Meeting to Approve Strategic Transaction With Rithm Capital Corp. | 04/10/2024 |
10 | Acquisition by Paul Friedman of 1070 shares of Great Ajax at 9.34 subject to Rule 16b-3 | 04/19/2024 |
11 | Great Ajax Reports Q2 Loss, Misses Revenue Estimates - Yahoo News Canada | 04/26/2024 |
| Begin Period Cash Flow | 47.8 M |
Great |
Great Ajax Relative Risk vs. Return Landscape
If you would invest 550.00 in Great Ajax Corp on January 29, 2024 and sell it today you would lose (201.00) from holding Great Ajax Corp or give up 36.55% of portfolio value over 90 days. Great Ajax Corp is generating negative expected returns assuming volatility of 3.5627% on return distribution over 90 days investment horizon. In other words, 31% of stocks are less volatile than Great, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Great Ajax Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Great Ajax's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Great Ajax Corp, and traders can use it to determine the average amount a Great Ajax's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1806
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AJX |
Estimated Market Risk
| 3.56 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.64 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Great Ajax 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 Great Ajax by adding Great Ajax to a well-diversified portfolio.
Great Ajax Fundamentals Growth
Great Stock prices reflect investors' perceptions of the future prospects and financial health of Great Ajax, and Great Ajax fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Great Stock performance.
| Return On Equity | -0.14 | ||||
| Return On Asset | -0.0333 | ||||
| Operating Margin | 1.34 % | ||||
| Current Valuation | 1.09 B | ||||
| Shares Outstanding | 36.99 M | ||||
| Price To Earning | 7.81 X | ||||
| Price To Book | 0.50 X | ||||
| Price To Sales | 34.51 X | ||||
| Revenue | 62.68 M | ||||
| Gross Profit | 26.91 M | ||||
| EBITDA | (49.02 M) | ||||
| Net Income | (46.96 M) | ||||
| Cash And Equivalents | 47.84 M | ||||
| Cash Per Share | 2.27 X | ||||
| Total Debt | 997.32 M | ||||
| Debt To Equity | 2.62 % | ||||
| Current Ratio | 2.05 X | ||||
| Book Value Per Share | 9.99 X | ||||
| Cash Flow From Operations | (46.46 M) | ||||
| Earnings Per Share | (2.01) X | ||||
| Market Capitalization | 129.09 M | ||||
| Total Asset | 1.34 B | ||||
| Retained Earnings | (54.38 M) | ||||
| Working Capital | (317 M) | ||||
| Current Asset | 46.85 M | ||||
| Current Liabilities | 363.85 M | ||||
About Great Ajax Performance
To evaluate Great Ajax Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Great Ajax generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Great Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Great Ajax Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Great's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.00002 | 0.000019 | |
| Return On Tangible Assets | (0.04) | (0.03) | |
| Return On Capital Employed | 0.03 | 0.04 | |
| Return On Assets | (0.04) | (0.03) | |
| Return On Equity | (0.15) | (0.14) |
Things to note about Great Ajax Corp performance evaluation
Checking the ongoing alerts about Great Ajax for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Great Ajax Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Great Ajax Corp generated a negative expected return over the last 90 days | |
| Great Ajax Corp has high historical volatility and very poor performance | |
| Great Ajax Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 62.68 M. Reported Net Loss for the year was (46.96 M) with profit before taxes, overhead, and interest of 26.91 M. | |
| Great Ajax Corp has about 47.84 M in cash with (46.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.27. | |
| Great Ajax Corp has a frail financial position based on the latest SEC disclosures | |
| Over 76.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Great Ajax Reports Q2 Loss, Misses Revenue Estimates - Yahoo News Canada |
- Analyzing Great Ajax's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Great Ajax's stock is overvalued or undervalued compared to its peers.
- Examining Great Ajax's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Great Ajax's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Great Ajax's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Great Ajax's stock. These opinions can provide insight into Great Ajax's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Great Ajax Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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When running Great Ajax's price analysis, check to measure Great Ajax'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 Great Ajax is operating at the current time. Most of Great Ajax's value examination focuses on studying past and present price action to predict the probability of Great Ajax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Ajax's price. Additionally, you may evaluate how the addition of Great Ajax to your portfolios can decrease your overall portfolio volatility.
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Is Great Ajax'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 Great Ajax. If investors know Great 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 Great Ajax 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 (0.50) | Dividend Share 0.76 | Earnings Share (2.01) | Revenue Per Share (0.80) | Quarterly Revenue Growth (0.82) |
The market value of Great Ajax Corp is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Ajax's value that differs from its market value or its book value, called intrinsic value, which is Great Ajax'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 Great Ajax's market value can be influenced by many factors that don't directly affect Great Ajax'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 Great Ajax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Ajax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Ajax'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.