NYMT (New York Mortgage Trust) 6-1 Month Momentum % : -3.02% (As of Dec. 13, 2024)

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What is New York Mortgage Trust 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-12-13), New York Mortgage Trust's 6-1 Month Momentum % is -3.02%.

The industry rank for New York Mortgage Trust's 6-1 Month Momentum % or its related term are showing as below:

NYMT's 6-1 Month Momentum % is ranked better than
57.81% of 979 companies
in the REITs industry
Industry Median: 0.77 vs NYMT: -3.02

Competitive Comparison of New York Mortgage Trust's 6-1 Month Momentum %

For the REIT - Mortgage subindustry, New York Mortgage Trust's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

New York Mortgage Trust's 6-1 Month Momentum % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, New York Mortgage Trust's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where New York Mortgage Trust's 6-1 Month Momentum % falls into.

New York Mortgage Trust (NAS:NYMT) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

New York Mortgage Trust (NAS:NYMT) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

New York Mortgage Trust 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of New York Mortgage Trust's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

New York Mortgage Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » New York Mortgage Trust Inc (NAS:NYMT) » Definitions » 6-1 Month Momentum %

Comparable Companies

IVR ORC ACRE TRTX REFI NREF KREF BRSP AOMR AFCG NLY AGNC STWD RITM BXMT ABR LADR ARI RC TWO

Traded in Other Exchanges

NYMTM.PFD:USA NYMTN.PFD:USA NKZ0:Germany NKZ0:Germany

Address

90 Park Avenue, New York, NY, USA, 10016

Website

https://www.nymtrust.com

New York Mortgage Trust Inc is a real estate investment trust for federal income tax purposes, in the business of acquiring, investing in, financing and managing mortgage-related and residential housing-related assets. The company's investment portfolio consists of Structured multi-family property investments such as multi-family CMBS an preferred equity in, and mezzanine loans to owners of multi-family properties. Distressed residential assets such as residential mortgage loans sourced from distressed markets and non-Agency RMBS. Second mortgages, Agency RMBS, and certain other mortgage-related and residential housing-related assets.

Executives

Nicholas Mah	officer: President	90 PARK AVENUE, FLOOR 23, NEW YORK NY 10016
Gena Cheng	director	401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Audrey Greenberg	director	90 PARK AVENUE, FLOOR 23, NEW YORK NY 10016
Steven G Norcutt	director	1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Steven R Mumma	officer: Chief Operating Officer and VP	1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Nathan R Reese	officer: Vice President and Secretary	C/O NEW YORK MORTGAGE TRUST, INC., 52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017
Kristine Rimando Nario	officer: Chief Financial Officer	275 MADISON AVENUE, SUITE 3200, NEW YORK NY 10016
Jason T Serrano	officer: President	275 MADISON AVENUE, NEW YORK NY 10016
Alan L Hainey	director	1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Lisa A Pendergast	director	275 MADISON AVENUE, NEW YORK NY 10016
Michael B. Clement	director	275 MADISON AVENUE, NEW YORK NY 10016
Kevin M. Donlon	officer: President	227 WEST TRADE STREET, SUITE 900, CHARLOTTE NC 28202
Douglas E Neal	director	52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017
Jmp Asset Management Llc	10 percent owner	600 MONTGOMERY STREET, SUITE 1100, SAN FRANCISCO CA 94111
Fredric S. Starker	officer: Chief Financial Officer	52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017