Is Granite Point Stock a Good Investment?
Granite Point Investment Advice | GPMT |
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If you believe the indicator you are trying to look up is valid, please let us know, and we will check it out. Check all delisted instruments across multiple markets.| Symbol | GPMT |
| Name | Granite Point Mortgage |
| Type | Stock |
| Country | United States |
| Exchange | NYSE |
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Examine Granite Point Stock
Researching Granite Point's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 55.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.24. Some equities with similar Price to Book (P/B) outperform the market in the long run. Granite Point Mortgage recorded a loss per share of 3.86. The entity last dividend was issued on the 1st of October 2024.
To determine if Granite Point is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Granite Point's research are outlined below:
| Granite Point had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 266.49 M. Net Loss for the year was (64.86 M) with profit before overhead, payroll, taxes, and interest of 10.7 M. | |
| On 15th of October 2024 Granite Point paid $ 0.05 per share dividend to its current shareholders |
Granite Point uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Granite Point Mortgage. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Granite Point's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Granite Point's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 159.65 M.Basic technical analysis of Granite Stock
As of the 12th of November 2024, Granite Point retains the market risk adjusted performance of 0.4285, and Risk Adjusted Performance of 0.1208. Granite Point technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Granite Point's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Granite Point insiders, such as employees or executives, is commonly permitted as long as it does not rely on Granite Point's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Granite Point insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Understand Granite Point's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Granite Point's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1208 | |||
| Market Risk Adjusted Performance | 0.4285 | |||
| Mean Deviation | 2.33 | |||
| Semi Deviation | 2.29 | |||
| Downside Deviation | 2.69 | |||
| Coefficient Of Variation | 678.85 | |||
| Standard Deviation | 3.08 | |||
| Variance | 9.49 | |||
| Information Ratio | 0.0925 | |||
| Jensen Alpha | 0.2752 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.106 | |||
| Treynor Ratio | 0.4185 | |||
| Maximum Drawdown | 15.56 | |||
| Value At Risk | (4.18) | |||
| Potential Upside | 6.55 | |||
| Downside Variance | 7.21 | |||
| Semi Variance | 5.23 | |||
| Expected Short fall | (2.70) | |||
| Skewness | 0.8104 | |||
| Kurtosis | 1.53 |
| Risk Adjusted Performance | 0.1208 | |||
| Market Risk Adjusted Performance | 0.4285 | |||
| Mean Deviation | 2.33 | |||
| Semi Deviation | 2.29 | |||
| Downside Deviation | 2.69 | |||
| Coefficient Of Variation | 678.85 | |||
| Standard Deviation | 3.08 | |||
| Variance | 9.49 | |||
| Information Ratio | 0.0925 | |||
| Jensen Alpha | 0.2752 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.106 | |||
| Treynor Ratio | 0.4185 | |||
| Maximum Drawdown | 15.56 | |||
| Value At Risk | (4.18) | |||
| Potential Upside | 6.55 | |||
| Downside Variance | 7.21 | |||
| Semi Variance | 5.23 | |||
| Expected Short fall | (2.70) | |||
| Skewness | 0.8104 | |||
| Kurtosis | 1.53 |
Consider Granite Point's intraday indicators
Granite Point intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Granite Point stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Granite Point time-series forecasting models is one of many Granite Point's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Granite Point's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Granite Stock media impact
Far too much social signal, news, headlines, and media speculation about Granite Point that are available to investors today. That information is available publicly through Granite media outlets and privately through word of mouth or via Granite internal channels. However, regardless of the origin, that massive amount of Granite data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Granite Point news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Granite Point relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Granite Point's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Granite Point alpha.
Additional Tools for Granite Stock Analysis
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.