Great Etf Profile

AJXA
 Etf
  

USD 24.30  0.07  0.29%   

Market Performance
0 of 100
Odds Of Distress
Less than 46
Great Ajax is trading at 24.30 as of the 26th of November 2022, a -0.29% down since the beginning of the trading day. The etf's open price was 24.37. Great Ajax has 46 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Great Ajax Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2020 and ending today, the 26th of November 2022. Click here to learn more.
CUSIP
38983D409
Fiscal Year End
December
IPO Date
28th of April 2017
Category
Other
ISIN
US38983D4097
Great Ajax Corp. acquires, invests in, and manages a portfolio of residential mortgage and small balance commercial mortgage loans. Great Ajax Corp. was founded in 2014 and is headquartered in Beaverton, Oregon. Great Ajax is traded on New York Stock Exchange in USA. More on Great Ajax Corp

Great Ajax Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Great Ajax's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Great Ajax or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Great Ajax Corp generated a negative expected return over the last 90 days
Great Ajax Corp was previously known as Great Ajax Corp and was traded on New York Stock Exchange under the symbol AJX.
Great Ajax Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Great Ajax Corp currently holds about 47.46 M in cash with (9.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.54.
Older SymbolAJX
ChairmanLawrence Mendelsohn
Fama & French Classification
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Great Ajax's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Average Daily Volume In Three Month4.32k
Average Daily Volume Last 10 Day2.77k
Great Ajax Corp [AJXA] is traded in USA and was established null. Great Ajax Corp was previously known as Great Ajax Corp and was traded on New York Stock Exchange under the symbol AJX. Great Ajax is listed under Trading category by Fama And French industry classification. The fund is not filed under any group at this time. The fund presently have in assets under management (AUM). Great Ajax Corp currently holds about 47.46 M in cash with (9.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.54.
Check Great Ajax Probability Of Bankruptcy

Great Ajax Target Price Odds Analysis

What are Great Ajax's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Great Ajax jumping above the current price in 90 days from now is about 44.81%. The Great Ajax Corp probability density function shows the probability of Great Ajax etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Great Ajax has a beta of 0.0499. This suggests as returns on the market go up, Great Ajax average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Great Ajax Corp will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Great Ajax Corp is significantly underperforming DOW.
  Odds Below 24.3HorizonTargetOdds Above 24.3
54.12%90 days
 24.30 
44.81%
Based on a normal probability distribution, the odds of Great Ajax to move above the current price in 90 days from now is about 44.81 (This Great Ajax Corp probability density function shows the probability of Great Etf to fall within a particular range of prices over 90 days) .

Great Ajax Top Holders

Great Ajax Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Great Ajax market risk premium is the additional return an investor will receive from holding Great Ajax long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Great Ajax. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Great Ajax's alpha and beta are two of the key measurements used to evaluate Great Ajax's performance over the market, the standard measures of volatility play an important role as well.

Great Ajax Against Markets

Picking the right benchmark for Great Ajax etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Great Ajax etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Great Ajax is critical whether you are bullish or bearish towards Great Ajax Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Great Ajax without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Great Ajax Corp?

The danger of trading Great Ajax Corp is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Great Ajax is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Great Ajax. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Great Ajax Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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When running Great Ajax Corp 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 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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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 Great Ajax value 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.